Can I retire at age 30 with 533,000?

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 $533,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$44,015$43,623$43,240$42,867$42,502$41,644
2 years$21,789$21,384$20,990$20,609$20,239$19,378
3 years$14,382$13,974$13,582$13,204$12,841$12,004
4 years$10,679$10,273$9,884$9,513$9,158$8,352
5 years$8,458$8,054$7,671$7,307$6,962$6,189
6 years$6,977$6,577$6,199$5,843$5,509$4,769
7 years$5,920$5,523$5,151$4,804$4,480$3,775
8 years$5,128$4,734$4,369$4,030$3,717$3,045
9 years$4,512$4,122$3,763$3,433$3,130$2,492
10 years$4,020$3,633$3,281$2,959$2,667$2,061
11 years$3,617$3,235$2,888$2,575$2,294$1,720
12 years$3,282$2,903$2,563$2,259$1,988$1,445
13 years$2,998$2,624$2,290$1,994$1,733$1,221
14 years$2,755$2,385$2,058$1,770$1,519$1,036
15 years$2,545$2,179$1,858$1,579$1,338$882
16 years$2,361$1,999$1,684$1,414$1,182$754
17 years$2,199$1,841$1,533$1,270$1,048$646
18 years$2,056$1,701$1,399$1,145$932$555
19 years$1,927$1,576$1,281$1,034$831$477
20 years$1,811$1,465$1,175$937$742$411
21 years$1,707$1,365$1,081$850$664$355
22 years$1,612$1,274$996$773$595$307
23 years$1,526$1,191$920$704$534$265
24 years$1,447$1,116$851$642$480$230
25 years$1,374$1,047$788$586$432$199
26 years$1,307$984$731$536$389$172
27 years$1,245$926$679$491$351$149
28 years$1,188$873$631$450$317$130
29 years$1,135$824$587$412$286$113
30 years$1,085$778$547$378$258$98
31 years$1,039$735$510$348$234$85
32 years$995$696$476$319$211$74
33 years$955$659$444$294$191$64
34 years$916$624$415$270$173$56
35 years$880$592$388$249$157$48
36 years$847$562$363$229$142$42
37 years$815$534$340$211$129$37
38 years$784$507$318$195$117$32
39 years$756$483$298$179$106$28
40 years$729$459$279$165$96$24
41 years$703$437$262$153$87$21
42 years$679$416$246$141$79$18
43 years$655$397$231$130$72$16
44 years$633$378$216$120$65$14
45 years$612$360$203$111$59$12
46 years$592$344$191$102$54$10
47 years$573$328$179$95$49$9
48 years$555$313$169$87$44$8
49 years$537$299$158$81$40$7
50 years$520$286$149$75$37$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $533,000, adding $2,264 every year, while hoping to spend $28,968 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: 55/38/7 Blend
29$533,000$533,000$533,000$533,000
30$589,701$561,452$553,191$621,065
31$619,029$558,142$540,901$639,187
32$650,377$553,698$527,229$655,501
33$683,922$548,035$512,097$672,558
34$719,855$541,062$495,425$690,430
35$758,387$532,681$477,129$709,203
36$799,751$522,791$457,121$728,968
37$844,200$511,282$435,309$749,831
38$892,014$498,040$411,597$771,906
39$943,498$482,943$385,884$795,326
40$998,989$465,861$358,066$820,233
41$1,058,857$446,659$328,032$846,791
42$1,123,507$425,193$295,668$875,179
43$1,193,387$401,309$260,854$905,599
44$1,268,985$374,846$223,466$938,274
45$1,350,841$345,633$183,372$973,454
46$1,439,548$313,490$140,436$1,011,416
47$1,535,757$278,226$94,515$1,052,468
48$1,640,185$239,639$45,462$1,096,954
49$1,753,619$197,517$0$1,145,256
50$1,876,927$151,634$0$1,198,312
51$2,011,062$101,753$0$1,259,736
52$2,157,073$47,622$0$1,326,664
53$2,316,116$0$0$1,399,691
54$2,489,460$0$0$1,484,085
55$2,678,503$0$0$1,597,884
56$2,884,786$0$0$1,722,107
57$3,110,001$0$0$1,857,779
58$3,356,013$0$0$2,006,031
59$3,624,876$0$0$2,168,105
60$3,918,849$0$0$2,345,371
61$4,240,421$0$0$2,539,335
62$4,592,331$0$0$2,751,659
63$4,977,597$0$0$2,984,168
64$5,399,541$0$0$3,238,876
65$5,861,821$0$0$3,518,000
66$6,368,466$0$0$3,823,980
67$6,923,915$0$0$4,159,506
68$7,533,055$0$0$4,527,537
69$8,201,268$0$0$4,931,336
70$8,934,484$0$0$5,374,496
71$9,739,233$0$0$5,860,972
72$10,622,710$0$0$6,395,125
73$11,592,840$0$0$6,981,757
74$12,658,350$0$0$7,626,156
75$13,828,859$0$0$8,334,150
76$15,114,959$0$0$9,112,158
77$16,528,321$0$0$9,967,253
78$18,081,803$0$0$10,907,225
79$19,789,569$0$0$11,940,660
80$21,667,225$0$0$13,077,012
81$23,731,964$0$0$14,326,703
82$26,002,729$0$0$15,701,210
83$28,500,390$0$0$17,213,183
84$31,247,943$0$0$18,876,556
85$34,270,722$0$0$20,706,683
86$37,596,642$0$0$22,720,482
87$41,256,461$0$0$24,936,593
88$45,284,067$0$0$27,375,554
89$49,716,802$0$0$30,059,994
90$54,595,810$0$0$33,014,850
91$59,966,425$0$0$36,267,596
92$65,878,600$0$0$39,848,507
93$72,387,379$0$0$43,790,941
94$79,553,412$0$0$48,131,658
95$87,443,530$0$0$52,911,160
96$96,131,374$0$0$58,174,078
97$105,698,088$0$0$63,969,593
98$116,233,089$0$0$70,351,895
99$127,834,904$0$0$77,380,701
100$140,612,105$0$0$85,121,811