Can I retire at age 30 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$43,437$43,050$42,672$42,304$41,944$40,880
2 years$21,503$21,103$20,715$20,338$19,973$18,909
3 years$14,193$13,791$13,404$13,031$12,672$11,639
4 years$10,539$10,138$9,755$9,388$9,038$8,045
5 years$8,347$7,948$7,570$7,211$6,870$5,921
6 years$6,886$6,490$6,118$5,767$5,436$4,531
7 years$5,843$5,451$5,084$4,741$4,421$3,560
8 years$5,061$4,672$4,311$3,977$3,668$2,850
9 years$4,453$4,068$3,713$3,388$3,089$2,314
10 years$3,967$3,586$3,237$2,920$2,632$1,899
11 years$3,570$3,192$2,850$2,541$2,263$1,571
12 years$3,239$2,865$2,529$2,229$1,961$1,309
13 years$2,959$2,589$2,260$1,968$1,710$1,096
14 years$2,719$2,353$2,031$1,747$1,499$922
15 years$2,512$2,150$1,833$1,558$1,320$778
16 years$2,330$1,973$1,662$1,395$1,167$659
17 years$2,171$1,817$1,513$1,253$1,035$559
18 years$2,029$1,679$1,381$1,130$920$476
19 years$1,902$1,556$1,264$1,021$820$405
20 years$1,788$1,446$1,160$924$732$346
21 years$1,685$1,347$1,067$839$655$296
22 years$1,591$1,257$983$763$587$253
23 years$1,506$1,176$908$695$527$216
24 years$1,428$1,102$840$634$474$185
25 years$1,356$1,034$778$579$426$159
26 years$1,290$972$721$529$384$136
27 years$1,229$914$670$484$346$117
28 years$1,172$862$623$444$313$100
29 years$1,120$813$579$407$282$86
30 years$1,071$768$540$373$255$74
31 years$1,025$726$503$343$231$64
32 years$982$687$469$315$209$55
33 years$942$650$438$290$189$47
34 years$904$616$410$267$171$40
35 years$869$584$383$245$155$35
36 years$835$555$358$226$140$30
37 years$804$527$335$208$127$26
38 years$774$501$314$192$115$22
39 years$746$476$294$177$104$19
40 years$719$453$276$163$95$16
41 years$694$431$259$151$86$14
42 years$670$411$243$139$78$12
43 years$647$391$228$128$71$10
44 years$625$373$214$119$64$9
45 years$604$356$201$109$58$8
46 years$584$339$188$101$53$7
47 years$565$324$177$93$48$6
48 years$547$309$166$86$44$5
49 years$530$295$156$80$40$4
50 years$514$282$147$74$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $526,000, adding $5,124 every year, while hoping to spend $33,724 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: 72/23/5 Blend
29$526,000$526,000$526,000$526,000
30$584,937$557,059$548,906$626,423
31$608,719$548,473$531,413$645,873
32$633,796$538,336$512,203$662,429
33$660,265$526,536$491,183$679,598
34$688,231$512,956$468,257$697,430
35$717,809$497,469$443,322$715,981
36$749,125$479,944$416,273$735,312
37$782,315$460,241$386,997$755,494
38$817,529$438,210$355,379$776,602
39$854,930$413,696$321,298$798,724
40$894,698$386,532$284,626$821,953
41$937,027$356,542$245,231$846,397
42$982,133$323,542$202,976$872,174
43$1,030,250$287,335$157,715$899,415
44$1,081,636$247,714$109,298$928,266
45$1,136,570$204,461$57,568$958,891
46$1,195,364$157,342$2,360$991,469
47$1,258,354$106,115$0$1,026,203
48$1,325,913$50,522$0$1,066,332
49$1,398,448$0$0$1,109,419
50$1,476,407$0$0$1,158,079
51$1,560,279$0$0$1,224,206
52$1,650,605$0$0$1,295,440
53$1,747,976$0$0$1,372,250
54$1,853,043$0$0$1,455,153
55$1,966,520$0$0$1,544,713
56$2,089,192$0$0$1,641,555
57$2,221,923$0$0$1,746,362
58$2,365,661$0$0$1,859,886
59$2,521,448$0$0$1,982,955
60$2,690,433$0$0$2,116,478
61$2,873,875$0$0$2,261,454
62$3,073,162$0$0$2,418,985
63$3,289,821$0$0$2,590,280
64$3,525,530$0$0$2,776,670
65$3,782,135$0$0$2,979,622
66$4,061,670$0$0$3,200,746
67$4,366,370$0$0$3,441,816
68$4,698,698$0$0$3,704,785
69$5,061,363$0$0$3,991,802
70$5,457,346$0$0$4,305,232
71$5,889,931$0$0$4,647,680
72$6,362,732$0$0$5,022,012
73$6,879,727$0$0$5,431,384
74$7,445,297$0$0$5,879,271
75$8,064,267$0$0$6,369,501
76$8,741,947$0$0$6,906,285
77$9,484,188$0$0$7,494,266
78$10,297,429$0$0$8,138,552
79$11,188,765$0$0$8,844,771
80$12,166,010$0$0$9,619,121
81$13,237,767$0$0$10,468,428
82$14,413,514$0$0$11,400,212
83$15,703,690$0$0$12,422,754
84$17,119,794$0$0$13,545,177
85$18,674,492$0$0$14,777,528
86$20,381,736$0$0$16,130,878
87$22,256,897$0$0$17,617,420
88$24,316,905$0$0$19,250,587
89$26,580,412$0$0$21,045,176
90$29,067,968$0$0$23,017,492
91$31,802,209$0$0$25,185,493
92$34,808,076$0$0$27,568,967
93$38,113,046$0$0$30,189,714
94$41,747,391$0$0$33,071,752
95$45,744,463$0$0$36,241,542
96$50,141,011$0$0$39,728,239
97$54,977,521$0$0$43,563,967
98$60,298,602$0$0$47,784,117
99$66,153,404$0$0$52,427,686
100$72,596,083$0$0$57,537,642