Can I retire at age 30 with 532,000?

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 $532,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$43,932$43,541$43,159$42,786$42,422$41,230
2 years$21,749$21,343$20,951$20,570$20,201$19,009
3 years$14,355$13,948$13,557$13,180$12,816$11,661
4 years$10,659$10,253$9,866$9,495$9,141$8,032
5 years$8,442$8,039$7,656$7,293$6,949$5,889
6 years$6,964$6,564$6,187$5,832$5,498$4,489
7 years$5,909$5,513$5,142$4,795$4,472$3,513
8 years$5,119$4,725$4,361$4,023$3,710$2,801
9 years$4,504$4,114$3,756$3,426$3,124$2,265
10 years$4,012$3,627$3,274$2,954$2,662$1,850
11 years$3,610$3,229$2,883$2,570$2,289$1,524
12 years$3,276$2,898$2,558$2,255$1,984$1,264
13 years$2,993$2,619$2,286$1,990$1,730$1,054
14 years$2,750$2,380$2,054$1,767$1,516$882
15 years$2,540$2,174$1,854$1,576$1,335$741
16 years$2,357$1,995$1,681$1,411$1,180$624
17 years$2,195$1,837$1,530$1,268$1,046$527
18 years$2,052$1,698$1,396$1,142$930$446
19 years$1,923$1,574$1,278$1,032$829$378
20 years$1,808$1,462$1,173$935$741$321
21 years$1,704$1,362$1,079$849$663$273
22 years$1,609$1,271$995$772$594$232
23 years$1,523$1,189$918$703$533$197
24 years$1,444$1,114$849$641$479$168
25 years$1,372$1,045$787$585$431$143
26 years$1,305$983$730$535$389$122
27 years$1,243$925$677$490$350$104
28 years$1,186$871$630$449$316$89
29 years$1,132$822$586$412$285$76
30 years$1,083$776$546$378$258$65
31 years$1,037$734$509$347$233$56
32 years$993$694$475$319$211$47
33 years$953$658$443$293$191$41
34 years$915$623$414$270$173$35
35 years$879$591$387$248$157$30
36 years$845$561$362$229$142$25
37 years$813$533$339$211$129$22
38 years$783$506$318$194$117$19
39 years$754$482$298$179$106$16
40 years$727$458$279$165$96$14
41 years$702$436$261$152$87$12
42 years$677$415$245$141$79$10
43 years$654$396$230$130$72$8
44 years$632$377$216$120$65$7
45 years$611$360$203$111$59$6
46 years$591$343$191$102$54$5
47 years$572$328$179$94$49$5
48 years$554$313$168$87$44$4
49 years$536$299$158$81$40$3
50 years$519$285$149$75$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $532,000, adding $5,746 every year, while hoping to spend $22,815 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: 28/44/28 Blend
29$532,000$532,000$532,000$532,000
30$592,191$563,995$555,749$603,514
31$628,319$567,356$550,092$616,373
32$667,368$570,117$543,480$627,828
33$709,612$572,224$535,858$639,677
34$755,350$573,621$527,167$651,968
35$804,915$574,247$517,346$664,759
36$858,669$574,038$506,331$678,113
37$917,013$572,926$494,053$692,102
38$980,388$570,839$480,443$706,810
39$1,049,277$567,699$465,427$722,328
40$1,124,212$563,425$448,928$738,762
41$1,205,780$557,932$430,865$756,228
42$1,294,625$551,126$411,154$774,858
43$1,391,456$542,911$389,708$794,803
44$1,497,055$533,184$366,434$816,228
45$1,612,281$521,836$341,236$839,321
46$1,738,080$508,752$314,013$864,290
47$1,875,492$493,809$284,660$891,372
48$2,025,664$476,878$253,068$920,827
49$2,189,859$457,821$219,123$952,949
50$2,369,465$436,495$182,704$988,065
51$2,566,012$412,745$143,686$1,026,541
52$2,781,185$386,409$101,940$1,068,783
53$3,016,839$357,317$57,328$1,115,246
54$3,275,018$325,286$9,709$1,166,436
55$3,557,969$290,125$0$1,222,914
56$3,868,173$251,632$0$1,297,590
57$4,208,356$209,592$0$1,382,771
58$4,581,526$163,779$0$1,476,377
59$4,990,992$113,955$0$1,579,319
60$5,440,402$59,867$0$1,692,606
61$5,933,772$1,250$0$1,817,352
62$6,475,527$0$0$1,954,794
63$7,070,541$0$0$2,136,404
64$7,724,183$0$0$2,336,665
65$8,442,369$0$0$2,556,797
66$9,231,615$0$0$2,798,809
67$10,099,100$0$0$3,064,915
68$11,052,733$0$0$3,357,553
69$12,101,227$0$0$3,679,411
70$13,254,184$0$0$4,033,449
71$14,522,178$0$0$4,422,929
72$15,916,864$0$0$4,851,446
73$17,451,081$0$0$5,322,958
74$19,138,976$0$0$5,841,829
75$20,996,133$0$0$6,412,868
76$23,039,728$0$0$7,041,370
77$25,288,682$0$0$7,733,172
78$27,763,845$0$0$8,494,707
79$30,488,189$0$0$9,333,059
80$33,487,028$0$0$10,256,038
81$36,788,254$0$0$11,272,247
82$40,422,599$0$0$12,391,168
83$44,423,929$0$0$13,623,247
84$48,829,559$0$0$14,979,996
85$53,680,606$0$0$16,474,099
86$59,022,378$0$0$18,119,535
87$64,904,802$0$0$19,931,704
88$71,382,890$0$0$21,927,580
89$78,517,263$0$0$24,125,865
90$86,374,722$0$0$26,547,168
91$95,028,876$0$0$29,214,199
92$104,560,838$0$0$32,151,982
93$115,059,989$0$0$35,388,093
94$126,624,822$0$0$38,952,921
95$139,363,873$0$0$42,879,952
96$153,396,741$0$0$47,206,086
97$168,855,222$0$0$51,971,985
98$185,884,546$0$0$57,222,459
99$204,644,752$0$0$63,006,885
100$225,312,200$0$0$69,379,676