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%12.8%
1 years$43,602$43,213$42,834$42,465$42,103$41,612
2 years$21,585$21,183$20,793$20,416$20,049$19,554
3 years$14,247$13,843$13,455$13,081$12,720$12,237
4 years$10,579$10,176$9,792$9,424$9,072$8,605
5 years$8,378$7,978$7,599$7,238$6,896$6,447
6 years$6,912$6,515$6,141$5,789$5,457$5,025
7 years$5,865$5,471$5,103$4,759$4,438$4,024
8 years$5,080$4,690$4,328$3,992$3,682$3,286
9 years$4,470$4,083$3,728$3,401$3,101$2,722
10 years$3,982$3,599$3,250$2,931$2,642$2,281
11 years$3,583$3,204$2,861$2,551$2,272$1,929
12 years$3,251$2,876$2,539$2,238$1,969$1,642
13 years$2,970$2,599$2,269$1,976$1,717$1,407
14 years$2,730$2,362$2,038$1,754$1,505$1,211
15 years$2,521$2,158$1,840$1,564$1,325$1,046
16 years$2,339$1,980$1,668$1,400$1,171$907
17 years$2,179$1,824$1,518$1,258$1,038$789
18 years$2,036$1,685$1,386$1,134$923$688
19 years$1,909$1,562$1,269$1,025$823$601
20 years$1,795$1,451$1,164$928$735$526
21 years$1,691$1,352$1,071$842$658$461
22 years$1,597$1,262$987$766$590$405
23 years$1,512$1,180$911$697$529$356
24 years$1,433$1,106$843$636$476$313
25 years$1,361$1,038$781$581$428$276
26 years$1,295$975$724$531$386$243
27 years$1,234$918$672$486$348$214
28 years$1,177$865$625$445$314$189
29 years$1,124$816$582$408$283$167
30 years$1,075$770$542$375$256$148
31 years$1,029$728$505$344$231$130
32 years$986$689$471$316$209$115
33 years$946$653$440$291$189$102
34 years$908$619$411$268$172$90
35 years$872$587$384$246$155$80
36 years$839$557$360$227$141$71
37 years$807$529$337$209$128$63
38 years$777$503$315$193$116$55
39 years$749$478$295$178$105$49
40 years$722$455$277$164$95$43
41 years$696$433$260$151$86$38
42 years$672$412$243$140$78$34
43 years$649$393$228$129$71$30
44 years$627$374$214$119$65$27
45 years$606$357$201$110$59$24
46 years$587$341$189$101$53$21
47 years$568$325$178$94$48$19
48 years$549$310$167$87$44$16
49 years$532$296$157$80$40$15
50 years$516$283$148$74$36$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $528,000, adding $6,115 every year, while hoping to spend $36,439 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: 78/8/14 Blend
29$528,000$528,000$528,000$528,000
30$588,164$560,180$551,996$631,884
31$609,385$548,858$531,717$650,216
32$631,551$535,760$509,537$665,068
33$654,717$520,760$485,355$680,334
34$678,947$503,726$459,063$696,042
35$704,308$484,517$430,550$712,222
36$730,873$462,984$399,699$728,907
37$758,722$438,970$366,389$746,135
38$787,940$412,308$330,491$763,949
39$818,621$382,822$291,874$782,393
40$850,866$350,326$250,397$801,519
41$884,786$314,624$205,917$821,386
42$920,500$275,506$158,282$842,056
43$958,140$232,755$107,332$863,601
44$997,846$186,136$52,904$886,100
45$1,039,775$135,405$0$909,641
46$1,084,096$80,303$0$935,095
47$1,130,992$20,557$0$970,281
48$1,180,666$0$0$1,007,438
49$1,233,337$0$0$1,050,612
50$1,289,247$0$0$1,098,369
51$1,348,657$0$0$1,149,127
52$1,411,857$0$0$1,203,132
53$1,479,161$0$0$1,260,655
54$1,550,913$0$0$1,321,991
55$1,627,492$0$0$1,387,465
56$1,709,311$0$0$1,457,432
57$1,796,824$0$0$1,532,282
58$1,890,527$0$0$1,612,442
59$1,990,967$0$0$1,698,380
60$2,098,742$0$0$1,790,610
61$2,214,507$0$0$1,889,695
62$2,338,983$0$0$1,996,256
63$2,472,962$0$0$2,110,970
64$2,617,313$0$0$2,234,585
65$2,772,988$0$0$2,367,920
66$2,941,036$0$0$2,511,875
67$3,122,609$0$0$2,667,440
68$3,318,973$0$0$2,835,703
69$3,531,519$0$0$3,017,858
70$3,761,775$0$0$3,215,220
71$4,011,424$0$0$3,429,233
72$4,282,314$0$0$3,661,486
73$4,576,479$0$0$3,913,727
74$4,896,157$0$0$4,187,878
75$5,243,807$0$0$4,486,054
76$5,622,137$0$0$4,810,580
77$6,034,126$0$0$5,164,016
78$6,483,051$0$0$5,549,180
79$6,972,520$0$0$5,969,172
80$7,506,504$0$0$6,427,403
81$8,089,371$0$0$6,927,628
82$8,725,933$0$0$7,473,983
83$9,421,485$0$0$8,071,017
84$10,181,856$0$0$8,723,741
85$11,013,466$0$0$9,437,672
86$11,923,382$0$0$10,218,884
87$12,919,384$0$0$11,074,064
88$14,010,044$0$0$12,010,577
89$15,204,796$0$0$13,036,533
90$16,514,034$0$0$14,160,865
91$17,949,202$0$0$15,393,409
92$19,522,905$0$0$16,744,999
93$21,249,027$0$0$18,227,567
94$23,142,859$0$0$19,854,256
95$25,221,244$0$0$21,639,542
96$27,502,736$0$0$23,599,373
97$30,007,771$0$0$25,751,313
98$32,758,862$0$0$28,114,713
99$35,780,809$0$0$30,710,887
100$39,100,931$0$0$33,563,318