Can I retire at age 30 with 529,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.3%
1 years$43,684$43,295$42,916$42,545$42,183$41,097
2 years$21,626$21,223$20,833$20,454$20,087$19,000
3 years$14,274$13,870$13,480$13,105$12,744$11,690
4 years$10,599$10,196$9,810$9,442$9,089$8,076
5 years$8,394$7,993$7,613$7,252$6,910$5,941
6 years$6,925$6,527$6,152$5,800$5,467$4,543
7 years$5,876$5,482$5,113$4,768$4,446$3,567
8 years$5,090$4,699$4,336$4,000$3,689$2,854
9 years$4,478$4,091$3,735$3,407$3,106$2,316
10 years$3,990$3,606$3,256$2,937$2,647$1,899
11 years$3,590$3,210$2,866$2,556$2,276$1,571
12 years$3,257$2,881$2,544$2,242$1,973$1,308
13 years$2,976$2,604$2,273$1,979$1,720$1,094
14 years$2,735$2,367$2,042$1,757$1,508$920
15 years$2,526$2,162$1,844$1,567$1,328$776
16 years$2,344$1,984$1,672$1,403$1,173$657
17 years$2,183$1,827$1,521$1,261$1,040$557
18 years$2,040$1,688$1,389$1,136$925$473
19 years$1,913$1,565$1,271$1,027$825$403
20 years$1,798$1,454$1,167$930$737$344
21 years$1,694$1,354$1,073$844$659$293
22 years$1,600$1,264$989$767$591$251
23 years$1,514$1,182$913$699$530$214
24 years$1,436$1,108$845$637$477$184
25 years$1,364$1,040$782$582$429$157
26 years$1,297$977$725$532$386$135
27 years$1,236$920$674$487$348$116
28 years$1,179$866$626$446$314$99
29 years$1,126$817$583$409$284$85
30 years$1,077$772$543$376$256$73
31 years$1,031$730$506$345$232$63
32 years$988$690$472$317$210$54
33 years$947$654$441$292$190$46
34 years$909$620$412$268$172$40
35 years$874$588$385$247$156$34
36 years$840$558$360$227$141$29
37 years$808$530$337$210$128$25
38 years$778$504$316$193$116$22
39 years$750$479$296$178$105$19
40 years$723$456$277$164$95$16
41 years$698$434$260$152$86$14
42 years$673$413$244$140$78$12
43 years$650$394$229$129$71$10
44 years$629$375$215$119$65$9
45 years$608$358$202$110$59$8
46 years$588$341$189$102$53$6
47 years$569$326$178$94$48$6
48 years$551$311$167$87$44$5
49 years$533$297$157$80$40$4
50 years$516$284$148$74$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $529,000, adding $5,496 every year, while hoping to spend $25,989 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: 59/22/19 Blend
29$529,000$529,000$529,000$529,000
30$588,627$560,590$552,391$620,118
31$621,015$560,407$543,244$641,914
32$655,835$559,344$532,919$662,349
33$693,309$557,330$521,350$684,046
34$733,678$554,291$508,467$707,134
35$777,209$550,147$494,196$731,752
36$824,194$544,813$478,462$758,056
37$874,954$538,202$461,182$786,219
38$929,842$530,217$442,275$816,432
39$989,247$520,758$421,652$848,908
40$1,053,595$509,720$399,222$883,880
41$1,123,355$496,989$374,889$921,609
42$1,199,043$482,447$348,554$962,384
43$1,281,225$465,967$320,110$1,006,524
44$1,370,527$447,416$289,451$1,054,382
45$1,467,633$426,653$256,460$1,106,349
46$1,573,300$403,527$221,020$1,162,859
47$1,688,358$377,881$183,005$1,224,391
48$1,813,721$349,547$142,286$1,291,476
49$1,950,395$318,350$98,727$1,364,700
50$2,099,488$284,102$52,187$1,444,712
51$2,262,218$246,605$2,518$1,532,230
52$2,439,926$205,651$0$1,628,049
53$2,634,091$161,020$0$1,743,281
54$2,846,337$112,479$0$1,869,871
55$3,078,454$59,781$0$2,008,416
56$3,332,414$2,668$0$2,160,137
57$3,610,386$0$0$2,326,381
58$3,914,761$0$0$2,522,951
59$4,248,170$0$0$2,739,023
60$4,613,510$0$0$2,975,834
61$5,013,974$0$0$3,235,458
62$5,453,077$0$0$3,520,182
63$5,934,690$0$0$3,832,520
64$6,463,077$0$0$4,175,245
65$7,042,937$0$0$4,551,410
66$7,679,441$0$0$4,964,378
67$8,378,290$0$0$5,417,853
68$9,145,761$0$0$5,915,917
69$9,988,771$0$0$6,463,065
70$10,914,936$0$0$7,064,249
71$11,932,651$0$0$7,724,925
72$13,051,161$0$0$8,451,105
73$14,280,653$0$0$9,249,409
74$15,632,348$0$0$10,127,133
75$17,118,611$0$0$11,092,315
76$18,753,063$0$0$12,153,810
77$20,550,712$0$0$13,321,376
78$22,528,095$0$0$14,605,761
79$24,703,428$0$0$16,018,810
80$27,096,785$0$0$17,573,573
81$29,730,284$0$0$19,284,429
82$32,628,292$0$0$21,167,219
83$35,817,662$0$0$23,239,401
84$39,327,977$0$0$25,520,210
85$43,191,837$0$0$28,030,838
86$47,445,162$0$0$30,794,638
87$52,127,531$0$0$33,837,343
88$57,282,554$0$0$37,187,305
89$62,958,287$0$0$40,875,769
90$69,207,682$0$0$44,937,159
91$76,089,086$0$0$49,409,411
92$83,666,793$0$0$54,334,326
93$92,011,650$0$0$59,757,964
94$101,201,723$0$0$65,731,082
95$111,323,039$0$0$72,309,608
96$122,470,388$0$0$79,555,174
97$134,748,228$0$0$87,535,692
98$148,271,662$0$0$96,325,999
99$163,167,528$0$0$106,008,560
100$179,575,596$0$0$116,674,246