Can I retire at age 30 with 537,000?

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 $537,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$44,345$43,950$43,565$43,188$42,821$41,500
2 years$21,953$21,544$21,148$20,764$20,391$19,072
3 years$14,490$14,079$13,684$13,303$12,937$11,661
4 years$10,759$10,350$9,958$9,584$9,227$8,003
5 years$8,521$8,114$7,728$7,362$7,014$5,847
6 years$7,030$6,626$6,246$5,887$5,550$4,440
7 years$5,965$5,564$5,190$4,840$4,514$3,461
8 years$5,167$4,770$4,402$4,060$3,744$2,748
9 years$4,546$4,153$3,791$3,459$3,153$2,212
10 years$4,050$3,661$3,305$2,981$2,687$1,799
11 years$3,644$3,259$2,910$2,595$2,311$1,476
12 years$3,306$2,925$2,582$2,276$2,002$1,218
13 years$3,021$2,643$2,307$2,009$1,746$1,011
14 years$2,776$2,403$2,073$1,784$1,531$842
15 years$2,564$2,195$1,872$1,591$1,348$704
16 years$2,379$2,014$1,697$1,424$1,191$590
17 years$2,216$1,855$1,544$1,280$1,056$496
18 years$2,071$1,714$1,410$1,153$939$417
19 years$1,942$1,588$1,290$1,042$837$352
20 years$1,825$1,476$1,184$944$748$297
21 years$1,720$1,375$1,089$857$669$251
22 years$1,624$1,283$1,004$779$600$212
23 years$1,537$1,200$927$709$538$180
24 years$1,458$1,125$857$647$484$152
25 years$1,384$1,055$794$591$435$129
26 years$1,317$992$736$540$392$110
27 years$1,255$933$684$494$354$93
28 years$1,197$880$636$453$319$79
29 years$1,143$830$592$415$288$67
30 years$1,093$784$551$381$260$57
31 years$1,046$741$514$350$235$48
32 years$1,003$701$479$322$213$41
33 years$962$664$448$296$193$35
34 years$923$629$418$272$174$30
35 years$887$597$391$251$158$25
36 years$853$566$366$231$143$21
37 years$821$538$342$213$130$18
38 years$790$511$321$196$118$15
39 years$761$486$300$181$107$13
40 years$734$463$281$167$97$11
41 years$708$440$264$154$88$9
42 years$684$419$248$142$80$8
43 years$660$400$232$131$72$7
44 years$638$381$218$121$66$6
45 years$617$363$205$112$60$5
46 years$597$346$192$103$54$4
47 years$577$331$181$95$49$4
48 years$559$316$170$88$45$3
49 years$541$301$160$81$41$3
50 years$524$288$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 $537,000, adding $4,989 every year, while hoping to spend $23,568 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: 35/38/27 Blend
29$537,000$537,000$537,000$537,000
30$596,920$568,459$560,136$612,808
31$632,730$571,237$553,824$627,881
32$671,402$573,362$546,511$641,654
33$713,204$574,776$538,138$656,056
34$758,430$575,419$528,645$671,159
35$807,402$575,226$517,966$687,046
36$860,474$574,130$506,035$703,807
37$918,038$572,057$492,783$721,543
38$980,521$568,932$478,135$740,370
39$1,048,397$564,672$462,015$760,415
40$1,122,183$559,190$444,342$781,822
41$1,202,451$552,396$425,033$804,752
42$1,289,830$544,192$404,000$829,383
43$1,385,010$534,475$381,152$855,915
44$1,488,753$523,136$356,392$884,572
45$1,601,895$510,059$329,620$915,603
46$1,725,358$495,122$300,733$949,284
47$1,860,157$478,195$269,619$985,926
48$2,007,408$459,142$236,166$1,025,873
49$2,168,340$437,816$200,254$1,069,508
50$2,344,306$414,065$161,759$1,117,256
51$2,536,798$387,726$120,550$1,169,592
52$2,747,454$358,628$76,492$1,227,042
53$2,978,083$326,589$29,443$1,290,191
54$3,230,673$291,418$0$1,359,689
55$3,507,415$252,911$0$1,442,240
56$3,810,722$210,854$0$1,542,102
57$4,143,251$165,021$0$1,651,719
58$4,507,929$115,174$0$1,772,124
59$4,907,980$61,059$0$1,904,458
60$5,346,953$2,410$0$2,049,986
61$5,828,759$0$0$2,210,101
62$6,357,707$0$0$2,411,879
63$6,938,542$0$0$2,634,637
64$7,576,491$0$0$2,879,385
65$8,277,312$0$0$3,148,342
66$9,047,350$0$0$3,443,953
67$9,893,593$0$0$3,768,912
68$10,823,741$0$0$4,126,188
69$11,846,275$0$0$4,519,050
70$12,970,540$0$0$4,951,103
71$14,206,833$0$0$5,426,314
72$15,566,496$0$0$5,949,059
73$17,062,029$0$0$6,524,155
74$18,707,199$0$0$7,156,912
75$20,517,179$0$0$7,853,180
76$22,508,686$0$0$8,619,405
77$24,700,137$0$0$9,462,688
78$27,111,826$0$0$10,390,856
79$29,766,115$0$0$11,412,531
80$32,687,640$0$0$12,537,213
81$35,903,551$0$0$13,775,372
82$39,443,760$0$0$15,138,543
83$43,341,229$0$0$16,639,437
84$47,632,278$0$0$18,292,060
85$52,356,926$0$0$20,111,846
86$57,559,272$0$0$22,115,801
87$63,287,908$0$0$24,322,664
88$69,596,380$0$0$26,753,086
89$76,543,688$0$0$29,429,820
90$84,194,849$0$0$32,377,941
91$92,621,505$0$0$35,625,078
92$101,902,602$0$0$39,201,677
93$112,125,132$0$0$43,141,289
94$123,384,956$0$0$47,480,884
95$135,787,710$0$0$52,261,202
96$149,449,795$0$0$57,527,137
97$164,499,482$0$0$63,328,158
98$181,078,121$0$0$69,718,781
99$199,341,470$0$0$76,759,079
100$219,461,174$0$0$84,515,251