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%18.5%
1 years$43,932$43,541$43,159$42,786$42,422$40,966
2 years$21,749$21,343$20,951$20,570$20,201$18,749
3 years$14,355$13,948$13,557$13,180$12,816$11,414
4 years$10,659$10,253$9,866$9,495$9,141$7,798
5 years$8,442$8,039$7,656$7,293$6,949$5,670
6 years$6,964$6,564$6,187$5,832$5,498$4,284
7 years$5,909$5,513$5,142$4,795$4,472$3,322
8 years$5,119$4,725$4,361$4,023$3,710$2,624
9 years$4,504$4,114$3,756$3,426$3,124$2,101
10 years$4,012$3,627$3,274$2,954$2,662$1,699
11 years$3,610$3,229$2,883$2,570$2,289$1,386
12 years$3,276$2,898$2,558$2,255$1,984$1,137
13 years$2,993$2,619$2,286$1,990$1,730$937
14 years$2,750$2,380$2,054$1,767$1,516$776
15 years$2,540$2,174$1,854$1,576$1,335$645
16 years$2,357$1,995$1,681$1,411$1,180$537
17 years$2,195$1,837$1,530$1,268$1,046$448
18 years$2,052$1,698$1,396$1,142$930$375
19 years$1,923$1,574$1,278$1,032$829$314
20 years$1,808$1,462$1,173$935$741$263
21 years$1,704$1,362$1,079$849$663$221
22 years$1,609$1,271$995$772$594$185
23 years$1,523$1,189$918$703$533$156
24 years$1,444$1,114$849$641$479$131
25 years$1,372$1,045$787$585$431$110
26 years$1,305$983$730$535$389$93
27 years$1,243$925$677$490$350$78
28 years$1,186$871$630$449$316$66
29 years$1,132$822$586$412$285$56
30 years$1,083$776$546$378$258$47
31 years$1,037$734$509$347$233$39
32 years$993$694$475$319$211$33
33 years$953$658$443$293$191$28
34 years$915$623$414$270$173$24
35 years$879$591$387$248$157$20
36 years$845$561$362$229$142$17
37 years$813$533$339$211$129$14
38 years$783$506$318$194$117$12
39 years$754$482$298$179$106$10
40 years$727$458$279$165$96$9
41 years$702$436$261$152$87$7
42 years$677$415$245$141$79$6
43 years$654$396$230$130$72$5
44 years$632$377$216$120$65$4
45 years$611$360$203$111$59$4
46 years$591$343$191$102$54$3
47 years$572$328$179$94$49$3
48 years$554$313$168$87$44$2
49 years$536$299$158$81$40$2
50 years$519$285$149$75$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $532,000, adding $2,588 every year, while hoping to spend $42,709 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: 59/14/27 Blend
29$532,000$532,000$532,000$532,000
30$588,934$560,738$552,492$619,230
31$603,563$542,772$525,558$622,248
32$618,253$522,494$496,291$620,763
33$632,964$499,746$464,566$618,247
34$647,654$474,361$430,256$614,612
35$662,270$446,160$393,226$609,760
36$676,758$414,958$353,335$603,589
37$691,051$380,555$310,435$595,986
38$705,078$342,742$264,375$586,831
39$718,757$301,297$214,992$575,994
40$731,997$255,988$162,121$563,334
41$744,695$206,565$105,587$548,700
42$756,737$152,770$45,207$531,929
43$767,993$94,325$0$512,842
44$778,320$30,939$0$496,789
45$787,559$0$0$492,282
46$795,531$0$0$491,925
47$802,036$0$0$495,357
48$806,853$0$0$497,667
49$809,737$0$0$498,694
50$810,413$0$0$498,258
51$808,578$0$0$496,163
52$803,894$0$0$492,186
53$795,987$0$0$486,085
54$784,442$0$0$477,587
55$768,797$0$0$466,394
56$748,544$0$0$452,171
57$723,116$0$0$434,551
58$691,889$0$0$413,127
59$654,170$0$0$387,445
60$609,192$0$0$357,008
61$556,107$0$0$321,263
62$493,979$0$0$279,599
63$421,770$0$0$231,340
64$338,333$0$0$175,740
65$242,403$0$0$111,975
66$132,579$0$0$39,132
67$7,315$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0