Can I retire at age 30 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$43,519$43,132$42,753$42,384$42,024$40,859
2 years$21,544$21,143$20,754$20,377$20,011$18,846
3 years$14,220$13,817$13,429$13,056$12,696$11,567
4 years$10,559$10,157$9,773$9,406$9,055$7,971
5 years$8,363$7,963$7,584$7,225$6,883$5,848
6 years$6,899$6,503$6,129$5,778$5,447$4,460
7 years$5,854$5,461$5,093$4,750$4,430$3,492
8 years$5,070$4,681$4,320$3,985$3,675$2,786
9 years$4,461$4,076$3,720$3,394$3,095$2,254
10 years$3,974$3,592$3,244$2,926$2,637$1,843
11 years$3,576$3,198$2,856$2,546$2,268$1,519
12 years$3,245$2,870$2,534$2,233$1,965$1,260
13 years$2,964$2,594$2,264$1,972$1,714$1,051
14 years$2,724$2,358$2,034$1,750$1,502$881
15 years$2,517$2,154$1,837$1,561$1,323$740
16 years$2,335$1,976$1,665$1,398$1,169$624
17 years$2,175$1,820$1,515$1,256$1,036$527
18 years$2,032$1,682$1,383$1,132$922$447
19 years$1,905$1,559$1,266$1,023$821$379
20 years$1,791$1,448$1,162$926$734$322
21 years$1,688$1,349$1,069$841$657$274
22 years$1,594$1,259$985$764$589$233
23 years$1,509$1,178$910$696$528$199
24 years$1,431$1,104$841$635$475$169
25 years$1,359$1,036$779$580$427$144
26 years$1,292$973$723$530$385$123
27 years$1,231$916$671$485$347$105
28 years$1,175$863$624$445$313$90
29 years$1,122$814$581$408$283$77
30 years$1,073$769$541$374$255$66
31 years$1,027$727$504$344$231$56
32 years$984$688$470$316$209$48
33 years$944$651$439$290$189$41
34 years$906$617$410$267$171$35
35 years$870$586$384$246$155$30
36 years$837$556$359$227$140$26
37 years$805$528$336$209$127$22
38 years$776$502$315$192$115$19
39 years$747$477$295$177$105$16
40 years$720$454$276$164$95$14
41 years$695$432$259$151$86$12
42 years$671$411$243$139$78$10
43 years$648$392$228$129$71$9
44 years$626$374$214$119$64$7
45 years$605$356$201$110$58$6
46 years$585$340$189$101$53$5
47 years$567$324$177$94$48$5
48 years$548$310$167$86$44$4
49 years$531$296$157$80$40$3
50 years$515$283$147$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $527,000, adding $2,848 every year, while hoping to spend $32,530 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: 56/28/16 Blend
29$527,000$527,000$527,000$527,000
30$583,692$555,761$547,592$613,772
31$608,617$548,381$531,325$627,157
32$634,994$539,550$513,422$637,964
33$662,936$529,161$493,795$648,997
34$692,569$517,104$472,351$660,285
35$724,028$503,259$448,992$671,860
36$757,462$487,501$423,615$683,762
37$793,032$469,698$396,116$696,034
38$830,918$449,709$366,382$708,726
39$871,313$427,387$334,297$721,896
40$914,431$402,573$299,741$735,609
41$960,506$375,102$262,585$749,940
42$1,009,794$344,798$222,698$764,973
43$1,062,575$311,476$179,941$780,805
44$1,119,159$274,939$134,170$797,544
45$1,179,882$234,980$85,233$815,313
46$1,245,116$191,380$32,975$834,251
47$1,315,268$143,908$0$854,514
48$1,390,785$92,319$0$880,169
49$1,472,157$36,355$0$913,782
50$1,559,924$0$0$949,972
51$1,654,677$0$0$996,493
52$1,757,068$0$0$1,058,904
53$1,867,812$0$0$1,126,446
54$1,987,695$0$0$1,199,602
55$2,117,580$0$0$1,278,905
56$2,258,419$0$0$1,364,941
57$2,411,257$0$0$1,458,353
58$2,577,241$0$0$1,559,851
59$2,757,638$0$0$1,670,212
60$2,953,836$0$0$1,790,296
61$3,167,367$0$0$1,921,044
62$3,399,913$0$0$2,063,494
63$3,653,328$0$0$2,218,790
64$3,929,649$0$0$2,388,187
65$4,231,121$0$0$2,573,070
66$4,560,214$0$0$2,774,961
67$4,919,646$0$0$2,995,538
68$5,312,411$0$0$3,236,646
69$5,741,802$0$0$3,500,317
70$6,211,449$0$0$3,788,789
71$6,725,345$0$0$4,104,525
72$7,287,888$0$0$4,450,238
73$7,903,923$0$0$4,828,917
74$8,578,783$0$0$5,243,851
75$9,318,340$0$0$5,698,662
76$10,129,066$0$0$6,197,343
77$11,018,083$0$0$6,744,288
78$11,993,239$0$0$7,344,338
79$13,063,178$0$0$8,002,825
80$14,237,419$0$0$8,725,623
81$15,526,449$0$0$9,519,201
82$16,941,820$0$0$10,390,687
83$18,496,256$0$0$11,347,931
84$20,203,776$0$0$12,399,581
85$22,079,821$0$0$13,555,166
86$24,141,403$0$0$14,825,181
87$26,407,265$0$0$16,221,191
88$28,898,052$0$0$17,755,935
89$31,636,513$0$0$19,443,449
90$34,647,709$0$0$21,299,196
91$37,959,251$0$0$23,340,213
92$41,601,561$0$0$25,585,272
93$45,608,157$0$0$28,055,054
94$50,015,968$0$0$30,772,346
95$54,865,682$0$0$33,762,256
96$60,202,131$0$0$37,052,448
97$66,074,713$0$0$40,673,402
98$72,537,856$0$0$44,658,703
99$79,651,530$0$0$49,045,359
100$87,481,815$0$0$53,874,145