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%15.4%
1 years$44,345$43,950$43,565$43,188$42,821$41,871
2 years$21,953$21,544$21,148$20,764$20,391$19,439
3 years$14,490$14,079$13,684$13,303$12,937$12,012
4 years$10,759$10,350$9,958$9,584$9,227$8,337
5 years$8,521$8,114$7,728$7,362$7,014$6,161
6 years$7,030$6,626$6,246$5,887$5,550$4,735
7 years$5,965$5,564$5,190$4,840$4,514$3,737
8 years$5,167$4,770$4,402$4,060$3,744$3,006
9 years$4,546$4,153$3,791$3,459$3,153$2,452
10 years$4,050$3,661$3,305$2,981$2,687$2,022
11 years$3,644$3,259$2,910$2,595$2,311$1,682
12 years$3,306$2,925$2,582$2,276$2,002$1,409
13 years$3,021$2,643$2,307$2,009$1,746$1,186
14 years$2,776$2,403$2,073$1,784$1,531$1,003
15 years$2,564$2,195$1,872$1,591$1,348$852
16 years$2,379$2,014$1,697$1,424$1,191$725
17 years$2,216$1,855$1,544$1,280$1,056$619
18 years$2,071$1,714$1,410$1,153$939$530
19 years$1,942$1,588$1,290$1,042$837$454
20 years$1,825$1,476$1,184$944$748$390
21 years$1,720$1,375$1,089$857$669$335
22 years$1,624$1,283$1,004$779$600$288
23 years$1,537$1,200$927$709$538$248
24 years$1,458$1,125$857$647$484$214
25 years$1,384$1,055$794$591$435$185
26 years$1,317$992$736$540$392$159
27 years$1,255$933$684$494$354$138
28 years$1,197$880$636$453$319$119
29 years$1,143$830$592$415$288$103
30 years$1,093$784$551$381$260$89
31 years$1,046$741$514$350$235$77
32 years$1,003$701$479$322$213$67
33 years$962$664$448$296$193$58
34 years$923$629$418$272$174$50
35 years$887$597$391$251$158$43
36 years$853$566$366$231$143$37
37 years$821$538$342$213$130$32
38 years$790$511$321$196$118$28
39 years$761$486$300$181$107$24
40 years$734$463$281$167$97$21
41 years$708$440$264$154$88$18
42 years$684$419$248$142$80$16
43 years$660$400$232$131$72$14
44 years$638$381$218$121$66$12
45 years$617$363$205$112$60$10
46 years$597$346$192$103$54$9
47 years$577$331$181$95$49$8
48 years$559$316$170$88$45$7
49 years$541$301$160$81$41$6
50 years$524$288$150$75$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $537,000, adding $4,454 every year, while hoping to spend $29,306 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: 53/37/10 Blend
29$537,000$537,000$537,000$537,000
30$596,368$567,907$559,584$626,223
31$626,017$564,553$547,149$643,655
32$657,707$560,053$533,314$659,061
33$691,616$554,319$518,004$675,135
34$727,939$547,259$501,135$691,945
35$766,889$538,775$482,623$709,569
36$808,700$528,763$462,379$728,095
37$853,629$517,113$440,310$747,621
38$901,957$503,710$416,319$768,255
39$953,995$488,430$390,304$790,121
40$1,010,081$471,142$362,158$813,355
41$1,070,590$451,709$331,771$838,111
42$1,135,931$429,983$299,026$864,559
43$1,206,556$405,812$263,803$892,890
44$1,282,959$379,032$225,975$923,318
45$1,365,686$349,469$185,410$956,080
46$1,455,334$316,941$141,970$991,440
47$1,552,562$281,256$95,510$1,029,693
48$1,658,095$242,208$45,881$1,071,168
49$1,772,727$199,583$0$1,116,229
50$1,897,336$153,153$0$1,166,038
51$2,032,884$102,678$0$1,225,566
52$2,180,432$47,902$0$1,290,432
53$2,341,145$0$0$1,361,213
54$2,516,308$0$0$1,443,207
55$2,707,333$0$0$1,553,944
56$2,915,776$0$0$1,674,826
57$3,143,346$0$0$1,806,854
58$3,391,929$0$0$1,951,127
59$3,663,598$0$0$2,108,854
60$3,960,637$0$0$2,281,369
61$4,285,559$0$0$2,470,138
62$4,641,133$0$0$2,676,779
63$5,030,406$0$0$2,903,069
64$5,456,736$0$0$3,150,969
65$5,923,818$0$0$3,422,636
66$6,435,722$0$0$3,720,446
67$6,996,933$0$0$4,047,017
68$7,612,387$0$0$4,405,232
69$8,287,524$0$0$4,798,265
70$9,028,332$0$0$5,229,614
71$9,841,411$0$0$5,703,131
72$10,734,027$0$0$6,223,060
73$11,714,188$0$0$6,794,076
74$12,790,711$0$0$7,421,327
75$13,973,313$0$0$8,110,487
76$15,272,695$0$0$8,867,805
77$16,700,648$0$0$9,700,166
78$18,270,163$0$0$10,615,155
79$19,995,548$0$0$11,621,129
80$21,892,570$0$0$12,727,293
81$23,978,599$0$0$13,943,792
82$26,272,772$0$0$15,281,800
83$28,796,173$0$0$16,753,631
84$31,572,035$0$0$18,372,851
85$34,625,952$0$0$20,154,408
86$37,986,125$0$0$22,114,771
87$41,683,629$0$0$24,272,085
88$45,752,700$0$0$26,646,347
89$50,231,063$0$0$29,259,586
90$55,160,283$0$0$32,136,078
91$60,586,162$0$0$35,302,571
92$66,559,166$0$0$38,788,537
93$73,134,903$0$0$42,626,452
94$80,374,646$0$0$46,852,102
95$88,345,912$0$0$51,504,917
96$97,123,099$0$0$56,628,347
97$106,788,184$0$0$62,270,269
98$117,431,502$0$0$68,483,442
99$129,152,592$0$0$75,325,998
100$142,061,140$0$0$82,861,999