Can I retire at age 30 with 522,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$43,106$42,722$42,348$41,982$41,625$40,260
2 years$21,340$20,942$20,557$20,184$19,821$18,460
3 years$14,085$13,686$13,302$12,932$12,576$11,259
4 years$10,459$10,061$9,680$9,317$8,969$7,708
5 years$8,283$7,888$7,512$7,156$6,818$5,616
6 years$6,833$6,441$6,071$5,723$5,395$4,253
7 years$5,798$5,409$5,045$4,705$4,388$3,306
8 years$5,022$4,637$4,279$3,947$3,640$2,617
9 years$4,419$4,037$3,685$3,362$3,065$2,100
10 years$3,937$3,558$3,213$2,898$2,612$1,703
11 years$3,542$3,168$2,829$2,522$2,246$1,392
12 years$3,214$2,843$2,510$2,212$1,947$1,145
13 years$2,936$2,569$2,243$1,953$1,697$947
14 years$2,699$2,336$2,015$1,734$1,488$786
15 years$2,493$2,134$1,819$1,546$1,310$655
16 years$2,313$1,958$1,650$1,384$1,158$547
17 years$2,154$1,803$1,501$1,244$1,027$458
18 years$2,013$1,666$1,370$1,121$913$384
19 years$1,887$1,544$1,254$1,013$814$323
20 years$1,774$1,435$1,151$917$727$271
21 years$1,672$1,336$1,059$833$650$228
22 years$1,579$1,247$976$757$583$192
23 years$1,494$1,167$901$689$523$162
24 years$1,417$1,093$833$629$470$137
25 years$1,346$1,026$772$574$423$116
26 years$1,280$964$716$525$381$98
27 years$1,220$907$665$481$344$83
28 years$1,163$855$618$440$310$70
29 years$1,111$807$575$404$280$59
30 years$1,063$762$536$371$253$50
31 years$1,017$720$499$340$229$42
32 years$975$681$466$313$207$36
33 years$935$645$435$288$187$30
34 years$897$612$406$265$170$26
35 years$862$580$380$244$154$22
36 years$829$551$356$224$139$18
37 years$798$523$333$207$126$15
38 years$768$497$312$191$114$13
39 years$740$473$292$176$104$11
40 years$714$450$274$162$94$9
41 years$688$428$257$150$85$8
42 years$665$408$241$138$77$7
43 years$642$388$226$127$70$6
44 years$620$370$212$118$64$5
45 years$600$353$199$109$58$4
46 years$580$337$187$100$53$3
47 years$561$321$176$93$48$3
48 years$543$307$165$86$43$2
49 years$526$293$155$79$39$2
50 years$510$280$146$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $522,000, adding $2,996 every year, while hoping to spend $37,306 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 44/40/16 Blend
29$522,000$522,000$522,000$522,000
30$578,334$550,668$542,577$600,988
31$597,631$537,958$521,060$604,441
32$617,646$523,374$497,572$604,230
33$638,412$506,786$472,008$603,202
34$659,967$488,055$444,256$601,297
35$682,347$467,034$414,203$598,455
36$705,595$443,567$381,727$594,609
37$729,755$417,490$346,703$589,692
38$754,872$388,630$309,000$583,632
39$780,998$356,801$268,481$576,353
40$808,186$321,811$225,001$567,776
41$836,495$283,453$178,413$557,819
42$865,986$241,511$128,558$546,395
43$896,726$195,755$75,275$533,413
44$928,788$145,943$18,392$518,778
45$962,249$91,819$0$502,393
46$997,193$33,112$0$491,375
47$1,033,710$0$0$482,216
48$1,071,898$0$0$485,100
49$1,111,863$0$0$503,387
50$1,153,719$0$0$522,557
51$1,197,591$0$0$542,668
52$1,243,613$0$0$563,785
53$1,291,930$0$0$585,978
54$1,342,702$0$0$609,323
55$1,396,102$0$0$633,900
56$1,452,316$0$0$659,802
57$1,511,549$0$0$687,124
58$1,574,024$0$0$715,974
59$1,639,982$0$0$746,468
60$1,709,688$0$0$778,732
61$1,783,431$0$0$812,905
62$1,861,525$0$0$849,139
63$1,944,314$0$0$887,597
64$2,032,175$0$0$928,461
65$2,125,518$0$0$971,929
66$2,224,794$0$0$1,018,217
67$2,330,493$0$0$1,067,561
68$2,443,154$0$0$1,120,222
69$2,563,369$0$0$1,176,482
70$2,691,781$0$0$1,236,654
71$2,829,101$0$0$1,301,079
72$2,976,105$0$0$1,370,131
73$3,133,643$0$0$1,444,221
74$3,302,651$0$0$1,523,800
75$3,484,153$0$0$1,609,362
76$3,679,273$0$0$1,701,452
77$3,889,248$0$0$1,800,664
78$4,115,433$0$0$1,907,654
79$4,359,318$0$0$2,023,142
80$4,622,538$0$0$2,147,918
81$4,906,892$0$0$2,282,851
82$5,214,354$0$0$2,428,897
83$5,547,097$0$0$2,587,105
84$5,907,508$0$0$2,758,630
85$6,298,210$0$0$2,944,741
86$6,722,091$0$0$3,146,835
87$7,182,323$0$0$3,366,446
88$7,682,398$0$0$3,605,265
89$8,226,157$0$0$3,865,149
90$8,817,824$0$0$4,148,145
91$9,462,047$0$0$4,456,502
92$10,163,943$0$0$4,792,696
93$10,929,141$0$0$5,159,454
94$11,763,835$0$0$5,559,775
95$12,674,846$0$0$5,996,961
96$13,669,680$0$0$6,474,648
97$14,756,599$0$0$6,996,838
98$15,944,702$0$0$7,567,938
99$17,244,003$0$0$8,192,798
100$18,665,531$0$0$8,876,762