Can I retire at age 30 with 529,000?

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 $529,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$43,684$43,295$42,916$42,545$42,183$40,833
2 years$21,626$21,223$20,833$20,454$20,087$18,739
3 years$14,274$13,870$13,480$13,105$12,744$11,441
4 years$10,599$10,196$9,810$9,442$9,089$7,841
5 years$8,394$7,993$7,613$7,252$6,910$5,719
6 years$6,925$6,527$6,152$5,800$5,467$4,336
7 years$5,876$5,482$5,113$4,768$4,446$3,373
8 years$5,090$4,699$4,336$4,000$3,689$2,674
9 years$4,478$4,091$3,735$3,407$3,106$2,149
10 years$3,990$3,606$3,256$2,937$2,647$1,745
11 years$3,590$3,210$2,866$2,556$2,276$1,428
12 years$3,257$2,881$2,544$2,242$1,973$1,176
13 years$2,976$2,604$2,273$1,979$1,720$974
14 years$2,735$2,367$2,042$1,757$1,508$810
15 years$2,526$2,162$1,844$1,567$1,328$675
16 years$2,344$1,984$1,672$1,403$1,173$565
17 years$2,183$1,827$1,521$1,261$1,040$474
18 years$2,040$1,688$1,389$1,136$925$398
19 years$1,913$1,565$1,271$1,027$825$335
20 years$1,798$1,454$1,167$930$737$282
21 years$1,694$1,354$1,073$844$659$238
22 years$1,600$1,264$989$767$591$201
23 years$1,514$1,182$913$699$530$169
24 years$1,436$1,108$845$637$477$143
25 years$1,364$1,040$782$582$429$121
26 years$1,297$977$725$532$386$102
27 years$1,236$920$674$487$348$87
28 years$1,179$866$626$446$314$73
29 years$1,126$817$583$409$284$62
30 years$1,077$772$543$376$256$53
31 years$1,031$730$506$345$232$45
32 years$988$690$472$317$210$38
33 years$947$654$441$292$190$32
34 years$909$620$412$268$172$27
35 years$874$588$385$247$156$23
36 years$840$558$360$227$141$20
37 years$808$530$337$210$128$17
38 years$778$504$316$193$116$14
39 years$750$479$296$178$105$12
40 years$723$456$277$164$95$10
41 years$698$434$260$152$86$9
42 years$673$413$244$140$78$7
43 years$650$394$229$129$71$6
44 years$629$375$215$119$65$5
45 years$608$358$202$110$59$4
46 years$588$341$189$102$53$4
47 years$569$326$178$94$48$3
48 years$551$311$167$87$44$3
49 years$533$297$157$80$40$2
50 years$516$284$148$74$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $529,000, adding $5,916 every year, while hoping to spend $31,879 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: 57/31/12 Blend
29$529,000$529,000$529,000$529,000
30$589,060$561,023$552,824$620,541
31$615,226$554,594$537,424$636,071
32$642,991$546,782$520,441$648,948
33$672,487$537,485$501,786$662,223
34$703,854$526,595$481,369$675,941
35$737,248$513,999$459,096$690,150
36$772,839$499,577$434,867$704,904
37$810,812$483,200$408,579$720,267
38$851,371$464,733$380,123$736,310
39$894,741$444,035$349,387$753,111
40$941,164$420,952$316,251$770,762
41$990,910$395,326$280,593$789,363
42$1,044,274$366,988$242,283$809,029
43$1,101,577$335,758$201,188$829,888
44$1,163,176$301,448$157,165$852,083
45$1,229,458$263,857$110,068$875,776
46$1,300,852$222,775$59,745$901,149
47$1,377,826$177,979$6,034$928,402
48$1,460,897$129,233$0$957,765
49$1,550,632$76,287$0$996,055
50$1,647,651$18,881$0$1,038,242
51$1,752,641$0$0$1,083,891
52$1,866,353$0$0$1,148,139
53$1,989,614$0$0$1,224,802
54$2,123,334$0$0$1,308,011
55$2,268,513$0$0$1,398,393
56$2,426,251$0$0$1,496,638
57$2,597,759$0$0$1,603,506
58$2,784,367$0$0$1,719,832
59$2,987,541$0$0$1,846,536
60$3,208,892$0$0$1,984,629
61$3,450,195$0$0$2,135,224
62$3,713,401$0$0$2,299,547
63$4,000,660$0$0$2,478,947
64$4,314,337$0$0$2,674,908
65$4,657,036$0$0$2,889,065
66$5,031,623$0$0$3,123,217
67$5,441,254$0$0$3,379,347
68$5,889,405$0$0$3,659,635
69$6,379,900$0$0$3,966,483
70$6,916,955$0$0$4,302,537
71$7,505,207$0$0$4,670,710
72$8,149,767$0$0$5,074,210
73$8,856,262$0$0$5,516,571
74$9,630,888$0$0$6,001,683
75$10,480,472$0$0$6,533,833
76$11,412,531$0$0$7,117,742
77$12,435,347$0$0$7,758,609
78$13,558,039$0$0$8,462,162
79$14,790,657$0$0$9,234,712
80$16,144,267$0$0$10,083,208
81$17,631,061$0$0$11,015,307
82$19,264,471$0$0$12,039,444
83$21,059,293$0$0$13,164,911
84$23,031,826$0$0$14,401,945
85$25,200,030$0$0$15,761,824
86$27,583,687$0$0$17,256,974
87$30,204,595$0$0$18,901,083
88$33,086,767$0$0$20,709,235
89$36,256,662$0$0$22,698,045
90$39,743,431$0$0$24,885,823
91$43,579,190$0$0$27,292,741
92$47,799,328$0$0$29,941,024
93$52,442,834$0$0$32,855,161
94$57,552,669$0$0$36,062,134
95$63,176,168$0$0$39,591,676
96$69,365,487$0$0$43,476,543
97$76,178,095$0$0$47,752,832
98$83,677,316$0$0$52,460,315
99$91,932,922$0$0$57,642,818
100$101,021,796$0$0$63,348,630