Can I retire at age 30 with 536,000?

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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$44,262$43,868$43,483$43,108$42,741$41,258
2 years$21,912$21,504$21,108$20,725$20,353$18,874
3 years$14,463$14,053$13,659$13,279$12,913$11,484
4 years$10,739$10,331$9,940$9,567$9,210$7,842
5 years$8,505$8,099$7,714$7,348$7,001$5,699
6 years$7,017$6,614$6,234$5,876$5,540$4,304
7 years$5,954$5,554$5,180$4,831$4,505$3,336
8 years$5,157$4,761$4,393$4,053$3,737$2,633
9 years$4,538$4,145$3,784$3,452$3,147$2,107
10 years$4,042$3,654$3,299$2,976$2,682$1,703
11 years$3,637$3,253$2,904$2,590$2,306$1,388
12 years$3,300$2,920$2,578$2,272$1,999$1,138
13 years$3,015$2,638$2,303$2,005$1,743$938
14 years$2,771$2,398$2,069$1,780$1,528$776
15 years$2,559$2,191$1,868$1,588$1,345$644
16 years$2,375$2,010$1,694$1,422$1,189$536
17 years$2,212$1,851$1,541$1,277$1,054$447
18 years$2,067$1,711$1,407$1,151$937$373
19 years$1,938$1,585$1,288$1,040$835$312
20 years$1,822$1,473$1,182$942$746$262
21 years$1,717$1,372$1,087$855$668$220
22 years$1,621$1,281$1,002$777$599$184
23 years$1,534$1,198$925$708$537$155
24 years$1,455$1,122$856$646$483$130
25 years$1,382$1,053$793$590$435$109
26 years$1,315$990$735$539$391$92
27 years$1,252$932$683$494$353$77
28 years$1,195$878$635$452$318$65
29 years$1,141$828$590$415$288$55
30 years$1,091$782$550$381$260$46
31 years$1,044$739$513$349$235$39
32 years$1,001$700$478$321$212$33
33 years$960$663$447$295$192$28
34 years$921$628$417$272$174$23
35 years$885$596$390$250$158$20
36 years$851$565$365$230$143$17
37 years$819$537$342$212$130$14
38 years$789$510$320$196$117$12
39 years$760$485$300$180$106$10
40 years$733$462$281$166$97$8
41 years$707$439$263$154$88$7
42 years$682$419$247$142$79$6
43 years$659$399$232$131$72$5
44 years$637$380$218$121$65$4
45 years$616$362$204$112$59$4
46 years$595$346$192$103$54$3
47 years$576$330$180$95$49$3
48 years$558$315$169$88$45$2
49 years$540$301$159$81$40$2
50 years$523$287$150$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $536,000, adding $5,103 every year, while hoping to spend $33,030 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: 46/30/24 Blend
29$536,000$536,000$536,000$536,000
30$595,936$567,528$559,220$619,035
31$621,578$560,193$542,810$628,469
32$648,728$551,392$524,743$635,059
33$677,505$541,017$504,930$641,547
34$708,040$528,957$483,274$647,941
35$740,475$515,090$459,679$654,251
36$774,965$499,291$434,039$660,490
37$811,680$481,425$406,248$666,676
38$850,807$461,350$376,193$672,830
39$892,549$438,916$343,755$678,980
40$937,130$413,964$308,812$685,158
41$984,794$386,325$271,234$691,404
42$1,035,811$355,823$230,889$697,764
43$1,090,475$322,269$187,634$704,294
44$1,149,108$285,465$141,325$711,060
45$1,212,065$245,201$91,807$718,136
46$1,279,734$201,255$38,922$725,610
47$1,352,544$153,392$0$733,585
48$1,430,961$101,367$0$746,662
49$1,515,501$44,916$0$771,417
50$1,606,730$0$0$798,074
51$1,705,269$0$0$832,213
52$1,811,800$0$0$885,201
53$1,927,074$0$0$942,589
54$2,051,915$0$0$1,004,793
55$2,187,232$0$0$1,072,274
56$2,334,020$0$0$1,145,535
57$2,493,377$0$0$1,225,131
58$2,666,509$0$0$1,311,672
59$2,854,743$0$0$1,405,831
60$3,059,538$0$0$1,508,345
61$3,282,501$0$0$1,620,028
62$3,525,400$0$0$1,741,774
63$3,790,179$0$0$1,874,568
64$4,078,979$0$0$2,019,494
65$4,394,156$0$0$2,177,744
66$4,738,303$0$0$2,350,632
67$5,114,275$0$0$2,539,604
68$5,525,216$0$0$2,746,251
69$5,974,585$0$0$2,972,325
70$6,466,192$0$0$3,219,757
71$7,004,232$0$0$3,490,671
72$7,593,325$0$0$3,787,406
73$8,238,557$0$0$4,112,541
74$8,945,531$0$0$4,468,912
75$9,720,415$0$0$4,859,644
76$10,570,003$0$0$5,288,181
77$11,501,781$0$0$5,758,314
78$12,523,989$0$0$6,274,218
79$13,645,706$0$0$6,840,494
80$14,876,934$0$0$7,462,209
81$16,228,686$0$0$8,144,945
82$17,713,098$0$0$8,894,849
83$19,343,536$0$0$9,718,696
84$21,134,725$0$0$10,623,948
85$23,102,888$0$0$11,618,824
86$25,265,894$0$0$12,712,382
87$27,643,432$0$0$13,914,598
88$30,257,192$0$0$15,236,465
89$33,131,071$0$0$16,690,094
90$36,291,396$0$0$18,288,828
91$39,767,174$0$0$20,047,367
92$43,590,364$0$0$21,981,910
93$47,796,179$0$0$24,110,301
94$52,423,413$0$0$26,452,205
95$57,514,815$0$0$29,029,287
96$63,117,482$0$0$31,865,418
97$69,283,310$0$0$34,986,901
98$76,069,480$0$0$38,422,720
99$83,538,996$0$0$42,204,806
100$91,761,281$0$0$46,368,350