Can I retire at age 30 with 524,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $524,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$43,271$42,886$42,510$42,143$41,784$41,348
2 years$21,422$21,023$20,636$20,261$19,897$19,458
3 years$14,139$13,738$13,353$12,981$12,624$12,195
4 years$10,499$10,099$9,717$9,352$9,003$8,588
5 years$8,315$7,918$7,541$7,184$6,844$6,444
6 years$6,860$6,466$6,094$5,745$5,416$5,031
7 years$5,821$5,430$5,064$4,723$4,404$4,036
8 years$5,042$4,654$4,295$3,962$3,654$3,301
9 years$4,436$4,052$3,699$3,375$3,077$2,740
10 years$3,952$3,572$3,225$2,909$2,622$2,300
11 years$3,556$3,180$2,839$2,532$2,255$1,948
12 years$3,226$2,854$2,520$2,221$1,954$1,662
13 years$2,948$2,579$2,251$1,961$1,704$1,426
14 years$2,709$2,345$2,023$1,740$1,494$1,230
15 years$2,502$2,142$1,826$1,552$1,315$1,065
16 years$2,322$1,965$1,656$1,390$1,162$926
17 years$2,162$1,810$1,507$1,249$1,031$807
18 years$2,021$1,672$1,375$1,125$916$705
19 years$1,894$1,550$1,259$1,017$817$617
20 years$1,781$1,440$1,156$921$730$541
21 years$1,678$1,341$1,063$836$653$476
22 years$1,585$1,252$980$760$585$419
23 years$1,500$1,171$905$692$525$369
24 years$1,422$1,097$837$631$472$325
25 years$1,351$1,030$775$576$425$287
26 years$1,285$968$719$527$383$254
27 years$1,224$911$667$482$345$224
28 years$1,168$858$620$442$311$198
29 years$1,115$810$577$405$281$176
30 years$1,067$765$538$372$254$155
31 years$1,021$723$501$342$230$138
32 years$978$684$468$314$208$122
33 years$938$648$437$289$188$108
34 years$901$614$408$266$170$96
35 years$866$582$381$245$154$85
36 years$832$553$357$225$140$76
37 years$801$525$334$208$127$67
38 years$771$499$313$191$115$60
39 years$743$474$293$176$104$53
40 years$716$451$275$163$94$47
41 years$691$430$258$150$86$42
42 years$667$409$242$139$78$37
43 years$644$390$227$128$71$33
44 years$623$372$213$118$64$29
45 years$602$354$200$109$58$26
46 years$582$338$188$101$53$23
47 years$563$323$176$93$48$20
48 years$545$308$166$86$44$18
49 years$528$294$156$79$40$16
50 years$512$281$146$73$36$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $524,000, adding $6,941 every year, while hoping to spend $29,312 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: 76/18/6 Blend
29$524,000$524,000$524,000$524,000
30$584,608$556,836$548,714$628,155
31$613,050$552,933$535,908$653,833
32$643,411$547,856$521,691$677,508
33$675,855$541,518$505,984$702,599
34$710,564$533,823$488,705$729,237
35$747,734$524,674$469,770$757,561
36$787,584$513,964$449,088$787,729
37$830,351$501,581$426,566$819,915
38$876,297$487,409$402,106$854,307
39$925,709$471,322$375,607$891,118
40$978,902$453,187$346,960$930,578
41$1,036,222$432,865$316,055$972,946
42$1,098,049$410,208$282,775$1,018,504
43$1,164,800$385,059$246,999$1,067,564
44$1,236,935$357,252$208,598$1,120,473
45$1,314,957$326,612$167,441$1,177,610
46$1,399,421$292,954$123,388$1,239,397
47$1,490,935$256,082$76,296$1,306,299
48$1,590,171$215,791$26,012$1,378,827
49$1,697,864$171,860$0$1,457,549
50$1,814,825$124,060$0$1,544,859
51$1,941,946$72,147$0$1,641,569
52$2,080,205$15,864$0$1,746,784
53$2,230,683$0$0$1,861,358
54$2,394,566$0$0$1,995,156
55$2,573,160$0$0$2,144,406
56$2,767,903$0$0$2,307,171
57$2,980,376$0$0$2,484,775
58$3,212,321$0$0$2,678,676
59$3,465,655$0$0$2,890,479
60$3,742,488$0$0$3,121,952
61$4,045,143$0$0$3,375,039
62$4,376,177$0$0$3,651,882
63$4,738,408$0$0$3,954,840
64$5,134,936$0$0$4,286,510
65$5,569,175$0$0$4,649,750
66$6,044,888$0$0$5,047,710
67$6,566,214$0$0$5,483,859
68$7,137,715$0$0$5,962,015
69$7,764,414$0$0$6,486,385
70$8,451,844$0$0$7,061,602
71$9,206,098$0$0$7,692,771
72$10,033,890$0$0$8,385,511
73$10,942,613$0$0$9,146,015
74$11,940,411$0$0$9,981,104
75$13,036,258$0$0$10,898,291
76$14,240,034$0$0$11,905,854
77$15,562,630$0$0$13,012,910
78$17,016,039$0$0$14,229,504
79$18,613,475$0$0$15,566,703
80$20,369,497$0$0$17,036,699
81$22,300,142$0$0$18,652,923
82$24,423,081$0$0$20,430,175
83$26,757,783$0$0$22,384,758
84$29,325,695$0$0$24,534,635
85$32,150,451$0$0$26,899,599
86$35,258,089$0$0$29,501,455
87$38,677,296$0$0$32,364,231
88$42,439,684$0$0$35,514,400
89$46,580,081$0$0$38,981,130
90$51,136,861$0$0$42,796,560
91$56,152,310$0$0$46,996,104
92$61,673,019$0$0$51,618,782
93$67,750,325$0$0$56,707,588
94$74,440,796$0$0$62,309,899
95$81,806,763$0$0$68,477,918
96$89,916,908$0$0$75,269,165
97$98,846,912$0$0$82,747,024
98$108,680,170$0$0$90,981,337
99$119,508,571$0$0$100,049,065
100$131,433,375$0$0$110,035,012