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%12.1%
1 years$44,262$43,868$43,483$43,108$42,741$42,366
2 years$21,912$21,504$21,108$20,725$20,353$19,974
3 years$14,463$14,053$13,659$13,279$12,913$12,543
4 years$10,739$10,331$9,940$9,567$9,210$8,851
5 years$8,505$8,099$7,714$7,348$7,001$6,656
6 years$7,017$6,614$6,234$5,876$5,540$5,207
7 years$5,954$5,554$5,180$4,831$4,505$4,186
8 years$5,157$4,761$4,393$4,053$3,737$3,432
9 years$4,538$4,145$3,784$3,452$3,147$2,855
10 years$4,042$3,654$3,299$2,976$2,682$2,403
11 years$3,637$3,253$2,904$2,590$2,306$2,040
12 years$3,300$2,920$2,578$2,272$1,999$1,745
13 years$3,015$2,638$2,303$2,005$1,743$1,501
14 years$2,771$2,398$2,069$1,780$1,528$1,298
15 years$2,559$2,191$1,868$1,588$1,345$1,127
16 years$2,375$2,010$1,694$1,422$1,189$982
17 years$2,212$1,851$1,541$1,277$1,054$859
18 years$2,067$1,711$1,407$1,151$937$752
19 years$1,938$1,585$1,288$1,040$835$661
20 years$1,822$1,473$1,182$942$746$581
21 years$1,717$1,372$1,087$855$668$512
22 years$1,621$1,281$1,002$777$599$452
23 years$1,534$1,198$925$708$537$399
24 years$1,455$1,122$856$646$483$353
25 years$1,382$1,053$793$590$435$313
26 years$1,315$990$735$539$391$277
27 years$1,252$932$683$494$353$246
28 years$1,195$878$635$452$318$218
29 years$1,141$828$590$415$288$194
30 years$1,091$782$550$381$260$172
31 years$1,044$739$513$349$235$153
32 years$1,001$700$478$321$212$136
33 years$960$663$447$295$192$121
34 years$921$628$417$272$174$108
35 years$885$596$390$250$158$96
36 years$851$565$365$230$143$85
37 years$819$537$342$212$130$76
38 years$789$510$320$196$117$68
39 years$760$485$300$180$106$60
40 years$733$462$281$166$97$54
41 years$707$439$263$154$88$48
42 years$682$419$247$142$79$43
43 years$659$399$232$131$72$38
44 years$637$380$218$121$65$34
45 years$616$362$204$112$59$30
46 years$595$346$192$103$54$27
47 years$576$330$180$95$49$24
48 years$558$315$169$88$45$21
49 years$540$301$159$81$40$19
50 years$523$287$150$75$37$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $536,000, adding $6,346 every year, while hoping to spend $44,701 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: 78/7/15 Blend
29$536,000$536,000$536,000$536,000
30$597,218$568,810$560,502$641,428
31$610,573$549,120$531,717$651,761
32$623,791$526,967$500,470$656,785
33$636,813$502,184$466,631$661,048
34$649,569$474,591$430,064$664,457
35$661,981$444,003$390,627$666,912
36$673,964$410,220$348,174$668,299
37$685,419$373,031$302,549$668,496
38$696,238$332,216$253,591$667,367
39$706,300$287,540$201,131$664,766
40$715,467$238,754$144,994$660,530
41$723,589$185,598$84,995$654,481
42$730,497$127,793$20,944$646,424
43$736,001$65,049$0$636,145
44$739,894$0$0$630,997
45$741,941$0$0$627,432
46$741,885$0$0$627,058
47$739,437$0$0$624,619
48$734,278$0$0$619,839
49$726,055$0$0$612,415
50$714,375$0$0$602,007
51$698,803$0$0$588,243
52$678,857$0$0$570,707
53$654,003$0$0$548,940
54$623,649$0$0$522,433
55$587,143$0$0$490,623
56$543,758$0$0$452,889
57$492,695$0$0$408,541
58$433,069$0$0$356,817
59$363,899$0$0$296,875
60$284,103$0$0$227,785
61$192,486$0$0$148,517
62$87,725$0$0$57,935
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$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