Can I retire at age 30 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$44,180$43,786$43,402$43,028$42,662$41,647
2 years$21,871$21,464$21,069$20,686$20,315$19,299
3 years$14,436$14,027$13,633$13,254$12,889$11,903
4 years$10,719$10,311$9,921$9,549$9,192$8,244
5 years$8,490$8,084$7,699$7,334$6,988$6,080
6 years$7,004$6,601$6,222$5,865$5,529$4,663
7 years$5,943$5,544$5,171$4,822$4,497$3,671
8 years$5,147$4,752$4,385$4,045$3,731$2,946
9 years$4,529$4,137$3,777$3,446$3,142$2,398
10 years$4,035$3,647$3,293$2,970$2,677$1,973
11 years$3,631$3,247$2,899$2,585$2,302$1,636
12 years$3,294$2,914$2,573$2,267$1,995$1,367
13 years$3,009$2,633$2,299$2,002$1,740$1,148
14 years$2,766$2,394$2,065$1,777$1,525$968
15 years$2,555$2,187$1,865$1,585$1,343$820
16 years$2,370$2,006$1,691$1,419$1,187$696
17 years$2,208$1,848$1,538$1,275$1,052$592
18 years$2,063$1,707$1,404$1,149$936$505
19 years$1,934$1,582$1,286$1,038$834$432
20 years$1,818$1,470$1,180$940$745$370
21 years$1,714$1,370$1,085$853$667$317
22 years$1,618$1,279$1,000$776$597$272
23 years$1,532$1,196$924$707$536$233
24 years$1,452$1,120$854$644$482$201
25 years$1,379$1,051$791$589$434$172
26 years$1,312$988$734$538$391$148
27 years$1,250$930$681$493$352$128
28 years$1,192$876$633$451$318$110
29 years$1,139$827$589$414$287$95
30 years$1,089$781$549$380$259$82
31 years$1,042$738$512$349$234$70
32 years$999$698$478$321$212$61
33 years$958$661$446$295$192$52
34 years$920$627$417$271$174$45
35 years$884$595$389$250$157$39
36 years$850$564$364$230$143$34
37 years$818$536$341$212$129$29
38 years$787$509$319$195$117$25
39 years$759$484$299$180$106$22
40 years$731$461$280$166$96$19
41 years$706$439$263$153$87$16
42 years$681$418$247$141$79$14
43 years$658$398$231$131$72$12
44 years$636$379$217$121$65$10
45 years$615$362$204$111$59$9
46 years$594$345$192$103$54$8
47 years$575$329$180$95$49$7
48 years$557$314$169$88$44$6
49 years$539$300$159$81$40$5
50 years$522$287$149$75$37$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $535,000, adding $4,957 every year, while hoping to spend $38,711 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: 48/26/26 Blend
29$535,000$535,000$535,000$535,000
30$594,683$566,328$558,036$618,614
31$614,153$552,890$535,542$622,463
32$634,311$537,496$510,997$622,423
33$655,186$520,009$484,291$621,614
34$676,811$500,285$455,310$619,983
35$699,217$478,171$423,935$617,473
36$722,440$453,504$390,040$614,025
37$746,517$426,114$353,494$609,577
38$771,487$395,819$314,161$604,063
39$797,392$362,427$271,898$597,415
40$824,276$325,736$226,557$589,562
41$852,187$285,532$177,982$580,429
42$881,176$241,589$126,010$569,937
43$911,297$193,668$70,473$558,005
44$942,608$141,516$11,192$544,546
45$975,170$84,867$0$529,472
46$1,009,052$23,440$0$527,135
47$1,044,323$0$0$527,245
48$1,081,061$0$0$538,967
49$1,119,348$0$0$558,184
50$1,159,273$0$0$578,235
51$1,200,931$0$0$599,169
52$1,244,427$0$0$621,040
53$1,289,870$0$0$643,905
54$1,337,381$0$0$667,828
55$1,387,091$0$0$692,875
56$1,439,140$0$0$719,120
57$1,493,681$0$0$746,643
58$1,550,879$0$0$775,530
59$1,610,914$0$0$805,874
60$1,673,980$0$0$837,777
61$1,740,290$0$0$871,351
62$1,810,074$0$0$906,714
63$1,883,583$0$0$943,999
64$1,961,089$0$0$983,347
65$2,042,891$0$0$1,024,916
66$2,129,311$0$0$1,068,875
67$2,220,706$0$0$1,115,410
68$2,317,459$0$0$1,164,722
69$2,419,995$0$0$1,217,034
70$2,528,773$0$0$1,272,587
71$2,644,297$0$0$1,331,646
72$2,767,119$0$0$1,394,501
73$2,897,841$0$0$1,461,468
74$3,037,124$0$0$1,532,895
75$3,185,691$0$0$1,609,162
76$3,344,333$0$0$1,690,685
77$3,513,918$0$0$1,777,921
78$3,695,397$0$0$1,871,371
79$3,889,814$0$0$1,971,585
80$4,098,312$0$0$2,079,164
81$4,322,146$0$0$2,194,770
82$4,562,695$0$0$2,319,129
83$4,821,469$0$0$2,453,038
84$5,100,130$0$0$2,597,373
85$5,400,501$0$0$2,753,095
86$5,724,585$0$0$2,921,260
87$6,074,582$0$0$3,103,030
88$6,452,911$0$0$3,299,680
89$6,862,229$0$0$3,512,612
90$7,305,457$0$0$3,743,370
91$7,785,809$0$0$3,993,647
92$8,306,814$0$0$4,265,309
93$8,872,358$0$0$4,560,407
94$9,486,713$0$0$4,881,195
95$10,154,577$0$0$5,230,156
96$10,881,120$0$0$5,610,020
97$11,672,030$0$0$6,023,792
98$12,533,565$0$0$6,474,777
99$13,472,613$0$0$6,966,614
100$14,496,754$0$0$7,503,308