Can I retire at age 30 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$43,767$43,377$42,997$42,625$42,263$42,085
2 years$21,667$21,263$20,872$20,493$20,125$19,945
3 years$14,301$13,896$13,506$13,130$12,768$12,592
4 years$10,619$10,215$9,829$9,459$9,106$8,936
5 years$8,410$8,009$7,627$7,266$6,923$6,758
6 years$6,938$6,540$6,164$5,811$5,478$5,319
7 years$5,887$5,492$5,122$4,777$4,455$4,302
8 years$5,099$4,708$4,344$4,007$3,696$3,549
9 years$4,487$4,099$3,742$3,413$3,112$2,971
10 years$3,997$3,613$3,262$2,942$2,652$2,517
11 years$3,597$3,216$2,872$2,561$2,281$2,151
12 years$3,263$2,887$2,549$2,246$1,976$1,853
13 years$2,981$2,609$2,277$1,983$1,723$1,606
14 years$2,740$2,371$2,046$1,760$1,511$1,398
15 years$2,531$2,166$1,847$1,570$1,330$1,223
16 years$2,348$1,988$1,675$1,406$1,176$1,074
17 years$2,187$1,830$1,524$1,263$1,042$946
18 years$2,044$1,691$1,391$1,138$927$835
19 years$1,916$1,568$1,274$1,028$826$739
20 years$1,801$1,457$1,169$931$738$655
21 years$1,697$1,357$1,075$845$660$582
22 years$1,603$1,267$991$769$592$518
23 years$1,517$1,185$915$700$531$462
24 years$1,439$1,110$846$638$478$412
25 years$1,366$1,042$784$583$430$368
26 years$1,300$979$727$533$387$329
27 years$1,238$921$675$488$349$294
28 years$1,181$868$627$447$315$263
29 years$1,128$819$584$410$284$236
30 years$1,079$773$544$376$257$211
31 years$1,033$731$507$346$232$190
32 years$990$692$473$318$210$170
33 years$949$655$442$292$190$153
34 years$911$621$413$269$172$137
35 years$875$589$386$247$156$123
36 years$842$559$361$228$141$111
37 years$810$531$338$210$128$99
38 years$780$505$316$193$116$89
39 years$752$480$296$178$105$80
40 years$725$456$278$165$95$72
41 years$699$435$261$152$87$65
42 years$675$414$244$140$79$59
43 years$652$394$229$129$71$53
44 years$630$376$215$119$65$47
45 years$609$358$202$110$59$43
46 years$589$342$190$102$53$38
47 years$570$326$178$94$48$35
48 years$552$311$168$87$44$31
49 years$534$297$158$80$40$28
50 years$517$284$148$74$36$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $530,000, adding $5,072 every year, while hoping to spend $37,913 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: 49/41/10 Blend
29$530,000$530,000$530,000$530,000
30$589,292$561,202$552,987$616,340
31$609,060$548,362$531,173$622,584
32$629,575$533,621$507,357$624,953
33$650,871$516,848$481,433$626,656
34$672,987$497,901$453,289$627,640
35$695,965$476,631$422,807$627,851
36$719,847$452,881$389,865$627,234
37$744,682$426,482$354,336$625,728
38$770,520$397,260$316,086$623,270
39$797,414$365,027$274,976$619,797
40$825,423$329,586$230,861$615,238
41$854,609$290,729$183,587$609,524
42$885,040$248,234$132,998$602,578
43$916,786$201,871$78,926$594,323
44$949,928$151,392$21,199$584,678
45$984,548$96,537$0$573,557
46$1,020,738$37,034$0$565,183
47$1,058,596$0$0$557,849
48$1,098,228$0$0$561,581
49$1,139,750$0$0$583,012
50$1,183,287$0$0$605,499
51$1,228,973$0$0$629,115
52$1,276,957$0$0$653,939
53$1,327,398$0$0$680,055
54$1,380,470$0$0$707,556
55$1,436,362$0$0$736,544
56$1,495,281$0$0$767,128
57$1,557,450$0$0$799,429
58$1,623,114$0$0$833,577
59$1,692,540$0$0$869,715
60$1,766,020$0$0$908,000
61$1,843,871$0$0$948,601
62$1,926,440$0$0$991,705
63$2,014,109$0$0$1,037,515
64$2,107,292$0$0$1,086,255
65$2,206,443$0$0$1,138,168
66$2,312,060$0$0$1,193,521
67$2,424,688$0$0$1,252,607
68$2,544,923$0$0$1,315,747
69$2,673,419$0$0$1,383,290
70$2,810,892$0$0$1,455,623
71$2,958,128$0$0$1,533,169
72$3,115,989$0$0$1,616,389
73$3,285,419$0$0$1,705,794
74$3,467,457$0$0$1,801,940
75$3,663,241$0$0$1,905,441
76$3,874,021$0$0$2,016,970
77$4,101,171$0$0$2,137,267
78$4,346,197$0$0$2,267,142
79$4,610,758$0$0$2,407,488
80$4,896,673$0$0$2,559,286
81$5,205,944$0$0$2,723,614
82$5,540,769$0$0$2,901,657
83$5,903,566$0$0$3,094,718
84$6,296,995$0$0$3,304,229
85$6,723,978$0$0$3,531,766
86$7,187,730$0$0$3,779,064
87$7,691,790$0$0$4,048,028
88$8,240,048$0$0$4,340,756
89$8,836,784$0$0$4,659,558
90$9,486,710$0$0$5,006,972
91$10,195,007$0$0$5,385,795
92$10,967,382$0$0$5,799,104
93$11,810,112$0$0$6,250,285
94$12,730,109$0$0$6,743,066
95$13,734,979$0$0$7,281,552
96$14,833,097$0$0$7,870,259
97$16,033,684$0$0$8,514,163
98$17,346,890$0$0$9,218,742
99$18,783,894$0$0$9,990,026
100$20,357,001$0$0$10,834,656