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%14.7%
1 years$43,519$43,132$42,753$42,384$42,024$41,209
2 years$21,544$21,143$20,754$20,377$20,011$19,194
3 years$14,220$13,817$13,429$13,056$12,696$11,901
4 years$10,559$10,157$9,773$9,406$9,055$8,289
5 years$8,363$7,963$7,584$7,225$6,883$6,148
6 years$6,899$6,503$6,129$5,778$5,447$4,743
7 years$5,854$5,461$5,093$4,750$4,430$3,758
8 years$5,070$4,681$4,320$3,985$3,675$3,035
9 years$4,461$4,076$3,720$3,394$3,095$2,487
10 years$3,974$3,592$3,244$2,926$2,637$2,060
11 years$3,576$3,198$2,856$2,546$2,268$1,721
12 years$3,245$2,870$2,534$2,233$1,965$1,447
13 years$2,964$2,594$2,264$1,972$1,714$1,224
14 years$2,724$2,358$2,034$1,750$1,502$1,041
15 years$2,517$2,154$1,837$1,561$1,323$888
16 years$2,335$1,976$1,665$1,398$1,169$760
17 years$2,175$1,820$1,515$1,256$1,036$652
18 years$2,032$1,682$1,383$1,132$922$561
19 years$1,905$1,559$1,266$1,023$821$483
20 years$1,791$1,448$1,162$926$734$417
21 years$1,688$1,349$1,069$841$657$360
22 years$1,594$1,259$985$764$589$312
23 years$1,509$1,178$910$696$528$270
24 years$1,431$1,104$841$635$475$234
25 years$1,359$1,036$779$580$427$203
26 years$1,292$973$723$530$385$176
27 years$1,231$916$671$485$347$153
28 years$1,175$863$624$445$313$133
29 years$1,122$814$581$408$283$116
30 years$1,073$769$541$374$255$101
31 years$1,027$727$504$344$231$88
32 years$984$688$470$316$209$76
33 years$944$651$439$290$189$66
34 years$906$617$410$267$171$58
35 years$870$586$384$246$155$50
36 years$837$556$359$227$140$44
37 years$805$528$336$209$127$38
38 years$776$502$315$192$115$33
39 years$747$477$295$177$105$29
40 years$720$454$276$164$95$25
41 years$695$432$259$151$86$22
42 years$671$411$243$139$78$19
43 years$648$392$228$129$71$17
44 years$626$374$214$119$64$15
45 years$605$356$201$110$58$13
46 years$585$340$189$101$53$11
47 years$567$324$177$94$48$10
48 years$548$310$167$86$44$8
49 years$531$296$157$80$40$7
50 years$515$283$147$74$36$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $527,000, adding $6,732 every year, while hoping to spend $22,716 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: 50/29/21 Blend
29$527,000$527,000$527,000$527,000
30$587,698$559,767$551,599$613,323
31$623,474$563,026$545,907$635,039
32$662,137$565,683$539,264$655,764
33$703,959$567,685$531,613$677,813
34$749,236$568,976$522,896$701,320
35$798,296$569,493$513,051$726,434
36$851,498$569,175$502,014$753,318
37$909,238$567,951$489,719$782,156
38$971,951$565,751$476,095$813,151
39$1,040,114$562,497$461,068$846,526
40$1,114,254$558,108$444,562$882,530
41$1,194,949$552,497$426,497$921,438
42$1,282,838$545,573$406,788$963,556
43$1,378,620$537,239$385,348$1,009,221
44$1,483,068$527,392$362,086$1,058,807
45$1,597,029$515,923$336,904$1,112,727
46$1,721,440$502,716$309,704$1,171,442
47$1,857,328$487,650$280,380$1,235,456
48$2,005,826$470,596$248,824$1,305,332
49$2,168,181$451,416$214,920$1,381,690
50$2,345,765$429,965$178,550$1,465,216
51$2,540,091$406,091$139,589$1,556,670
52$2,752,823$379,632$97,907$1,656,891
53$2,985,792$350,416$53,369$1,766,809
54$3,241,018$318,262$5,832$1,887,449
55$3,520,724$282,978$0$2,019,945
56$3,827,357$244,363$0$2,175,613
57$4,163,614$202,203$0$2,347,825
58$4,532,463$156,272$0$2,536,841
59$4,937,176$106,331$0$2,744,391
60$5,381,355$52,129$0$2,972,382
61$5,868,969$0$0$3,222,921
62$6,404,390$0$0$3,500,436
63$6,992,432$0$0$3,823,553
64$7,638,400$0$0$4,178,559
65$8,348,139$0$0$4,568,674
66$9,128,085$0$0$4,997,443
67$9,985,332$0$0$5,468,773
68$10,927,692$0$0$5,986,970
69$11,963,775$0$0$6,556,775
70$13,103,064$0$0$7,183,412
71$14,356,009$0$0$7,872,639
72$15,734,121$0$0$8,630,797
73$17,250,086$0$0$9,464,874
74$18,917,878$0$0$10,382,570
75$20,752,896$0$0$11,392,368
76$22,772,106$0$0$12,503,615
77$24,994,201$0$0$13,726,609
78$27,439,780$0$0$15,072,699
79$30,131,536$0$0$16,554,388
80$33,094,478$0$0$18,185,454
81$36,356,160$0$0$19,981,079
82$39,946,944$0$0$21,957,989
83$43,900,286$0$0$24,134,618
84$48,253,049$0$0$26,531,275
85$53,045,854$0$0$29,170,342
86$58,323,462$0$0$32,076,479
87$64,135,194$0$0$35,276,862
88$70,535,399$0$0$38,801,433
89$77,583,965$0$0$42,683,191
90$85,346,885$0$0$46,958,494
91$93,896,876$0$0$51,667,409
92$103,314,072$0$0$56,854,086
93$113,686,774$0$0$62,567,177
94$125,112,282$0$0$68,860,294
95$137,697,821$0$0$75,792,514
96$151,561,543$0$0$83,428,937
97$166,833,649$0$0$91,841,301
98$183,657,614$0$0$101,108,658
99$202,191,541$0$0$111,318,121
100$222,609,656$0$0$122,565,686