Can I retire at age 30 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$43,602$43,213$42,834$42,465$42,103$40,986
2 years$21,585$21,183$20,793$20,416$20,049$18,931
3 years$14,247$13,843$13,455$13,081$12,720$11,636
4 years$10,579$10,176$9,792$9,424$9,072$8,031
5 years$8,378$7,978$7,599$7,238$6,896$5,901
6 years$6,912$6,515$6,141$5,789$5,457$4,508
7 years$5,865$5,471$5,103$4,759$4,438$3,536
8 years$5,080$4,690$4,328$3,992$3,682$2,826
9 years$4,470$4,083$3,728$3,401$3,101$2,290
10 years$3,982$3,599$3,250$2,931$2,642$1,876
11 years$3,583$3,204$2,861$2,551$2,272$1,549
12 years$3,251$2,876$2,539$2,238$1,969$1,288
13 years$2,970$2,599$2,269$1,976$1,717$1,077
14 years$2,730$2,362$2,038$1,754$1,505$904
15 years$2,521$2,158$1,840$1,564$1,325$761
16 years$2,339$1,980$1,668$1,400$1,171$643
17 years$2,179$1,824$1,518$1,258$1,038$545
18 years$2,036$1,685$1,386$1,134$923$462
19 years$1,909$1,562$1,269$1,025$823$393
20 years$1,795$1,451$1,164$928$735$335
21 years$1,691$1,352$1,071$842$658$285
22 years$1,597$1,262$987$766$590$243
23 years$1,512$1,180$911$697$529$208
24 years$1,433$1,106$843$636$476$178
25 years$1,361$1,038$781$581$428$152
26 years$1,295$975$724$531$386$130
27 years$1,234$918$672$486$348$111
28 years$1,177$865$625$445$314$95
29 years$1,124$816$582$408$283$82
30 years$1,075$770$542$375$256$70
31 years$1,029$728$505$344$231$60
32 years$986$689$471$316$209$51
33 years$946$653$440$291$189$44
34 years$908$619$411$268$172$38
35 years$872$587$384$246$155$32
36 years$839$557$360$227$141$28
37 years$807$529$337$209$128$24
38 years$777$503$315$193$116$20
39 years$749$478$295$178$105$18
40 years$722$455$277$164$95$15
41 years$696$433$260$151$86$13
42 years$672$412$243$140$78$11
43 years$649$393$228$129$71$10
44 years$627$374$214$119$65$8
45 years$606$357$201$110$59$7
46 years$587$341$189$101$53$6
47 years$568$325$178$94$48$5
48 years$549$310$167$87$44$4
49 years$532$296$157$80$40$4
50 years$516$283$148$74$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $528,000, adding $4,420 every year, while hoping to spend $36,166 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: 65/21/14 Blend
29$528,000$528,000$528,000$528,000
30$586,415$558,431$550,247$622,311
31$607,749$547,314$530,200$635,741
32$630,047$534,440$508,269$645,802
33$653,369$519,685$484,354$655,899
34$677,780$502,917$458,347$666,033
35$703,351$483,997$430,139$676,208
36$730,158$462,778$399,613$686,430
37$758,284$439,103$366,650$696,707
38$787,818$412,809$331,122$707,048
39$818,859$383,720$292,898$717,466
40$851,512$351,652$251,840$727,977
41$885,894$316,411$207,805$738,600
42$922,130$277,789$160,641$749,358
43$960,357$235,571$110,192$760,279
44$1,000,725$189,525$56,294$771,396
45$1,043,396$139,409$0$782,746
46$1,088,548$84,966$0$794,558
47$1,136,375$25,925$0$815,689
48$1,187,090$0$0$837,808
49$1,240,925$0$0$869,796
50$1,298,132$0$0$910,172
51$1,358,989$0$0$953,144
52$1,423,800$0$0$998,929
53$1,492,896$0$0$1,047,763
54$1,566,642$0$0$1,099,907
55$1,645,437$0$0$1,155,646
56$1,729,717$0$0$1,215,292
57$1,819,962$0$0$1,279,187
58$1,916,696$0$0$1,347,708
59$2,020,498$0$0$1,421,267
60$2,131,998$0$0$1,500,315
61$2,251,892$0$0$1,585,350
62$2,380,942$0$0$1,676,916
63$2,519,984$0$0$1,775,613
64$2,669,939$0$0$1,882,097
65$2,831,816$0$0$1,997,093
66$3,006,724$0$0$2,121,393
67$3,195,885$0$0$2,255,871
68$3,400,638$0$0$2,401,485
69$3,622,457$0$0$2,559,290
70$3,862,963$0$0$2,730,447
71$4,123,937$0$0$2,916,230
72$4,407,340$0$0$3,118,043
73$4,715,326$0$0$3,337,427
74$5,050,268$0$0$3,576,081
75$5,414,775$0$0$3,835,872
76$5,811,716$0$0$4,118,855
77$6,244,252$0$0$4,427,292
78$6,715,858$0$0$4,763,671
79$7,230,361$0$0$5,130,733
80$7,791,972$0$0$5,531,491
81$8,405,326$0$0$5,969,265
82$9,075,528$0$0$6,447,709
83$9,808,196$0$0$6,970,846
84$10,609,515$0$0$7,543,106
85$11,486,296$0$0$8,169,365
86$12,446,040$0$0$8,854,994
87$13,497,003$0$0$9,605,906
88$14,648,281$0$0$10,428,613
89$15,909,889$0$0$11,330,289
90$17,292,857$0$0$12,318,830
91$18,809,332$0$0$13,402,938
92$20,472,695$0$0$14,592,194
93$22,297,682$0$0$15,897,152
94$24,300,527$0$0$17,329,437
95$26,499,108$0$0$18,901,855
96$28,913,123$0$0$20,628,511
97$31,564,267$0$0$22,524,943
98$34,476,441$0$0$24,608,270
99$37,675,974$0$0$26,897,349
100$41,191,872$0$0$29,412,953