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%18.1%
1 years$44,345$43,950$43,565$43,188$42,821$41,417
2 years$21,953$21,544$21,148$20,764$20,391$18,990
3 years$14,490$14,079$13,684$13,303$12,937$11,583
4 years$10,759$10,350$9,958$9,584$9,227$7,930
5 years$8,521$8,114$7,728$7,362$7,014$5,778
6 years$7,030$6,626$6,246$5,887$5,550$4,375
7 years$5,965$5,564$5,190$4,840$4,514$3,401
8 years$5,167$4,770$4,402$4,060$3,744$2,692
9 years$4,546$4,153$3,791$3,459$3,153$2,161
10 years$4,050$3,661$3,305$2,981$2,687$1,752
11 years$3,644$3,259$2,910$2,595$2,311$1,432
12 years$3,306$2,925$2,582$2,276$2,002$1,178
13 years$3,021$2,643$2,307$2,009$1,746$974
14 years$2,776$2,403$2,073$1,784$1,531$809
15 years$2,564$2,195$1,872$1,591$1,348$674
16 years$2,379$2,014$1,697$1,424$1,191$563
17 years$2,216$1,855$1,544$1,280$1,056$471
18 years$2,071$1,714$1,410$1,153$939$395
19 years$1,942$1,588$1,290$1,042$837$332
20 years$1,825$1,476$1,184$944$748$279
21 years$1,720$1,375$1,089$857$669$235
22 years$1,624$1,283$1,004$779$600$198
23 years$1,537$1,200$927$709$538$167
24 years$1,458$1,125$857$647$484$141
25 years$1,384$1,055$794$591$435$119
26 years$1,317$992$736$540$392$100
27 years$1,255$933$684$494$354$85
28 years$1,197$880$636$453$319$72
29 years$1,143$830$592$415$288$61
30 years$1,093$784$551$381$260$51
31 years$1,046$741$514$350$235$43
32 years$1,003$701$479$322$213$37
33 years$962$664$448$296$193$31
34 years$923$629$418$272$174$26
35 years$887$597$391$251$158$22
36 years$853$566$366$231$143$19
37 years$821$538$342$213$130$16
38 years$790$511$321$196$118$13
39 years$761$486$300$181$107$11
40 years$734$463$281$167$97$10
41 years$708$440$264$154$88$8
42 years$684$419$248$142$80$7
43 years$660$400$232$131$72$6
44 years$638$381$218$121$66$5
45 years$617$363$205$112$60$4
46 years$597$346$192$103$54$4
47 years$577$331$181$95$49$3
48 years$559$316$170$88$45$3
49 years$541$301$160$81$41$2
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 $3,998 every year, while hoping to spend $32,352 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: 28/44/28 Blend
29$537,000$537,000$537,000$537,000
30$595,898$567,437$559,113$607,327
31$622,257$560,819$543,421$610,159
32$650,221$552,793$526,119$610,140
33$679,918$543,254$507,119$609,470
34$711,491$532,095$486,329$608,113
35$745,095$519,199$463,653$606,038
36$780,898$504,444$438,989$603,211
37$819,087$487,699$412,232$599,599
38$859,866$468,828$383,274$595,169
39$903,456$447,684$351,997$589,890
40$950,103$424,116$318,284$583,731
41$1,000,075$397,958$282,008$576,665
42$1,053,665$369,041$243,038$568,665
43$1,111,197$337,182$201,237$559,706
44$1,173,023$302,188$156,463$549,768
45$1,239,533$263,856$108,566$538,834
46$1,311,153$221,973$57,390$526,892
47$1,388,352$176,311$2,774$513,935
48$1,471,644$126,630$0$499,961
49$1,561,595$72,678$0$501,562
50$1,658,825$14,188$0$504,131
51$1,764,019$0$0$506,918
52$1,877,926$0$0$533,802
53$2,001,372$0$0$570,455
54$2,135,265$0$0$610,285
55$2,280,601$0$0$653,600
56$2,438,479$0$0$700,737
57$2,610,107$0$0$752,066
58$2,796,812$0$0$807,997
59$3,000,056$0$0$868,978
60$3,221,446$0$0$935,503
61$3,462,754$0$0$1,008,118
62$3,725,925$0$0$1,087,421
63$4,013,103$0$0$1,174,072
64$4,326,649$0$0$1,268,797
65$4,669,159$0$0$1,372,396
66$5,043,492$0$0$1,485,748
67$5,452,797$0$0$1,609,823
68$5,900,540$0$0$1,745,689
69$6,390,536$0$0$1,894,520
70$6,926,988$0$0$2,057,611
71$7,514,524$0$0$2,236,388
72$8,158,239$0$0$2,432,421
73$8,863,747$0$0$2,647,438
74$9,637,227$0$0$2,883,345
75$10,485,487$0$0$3,142,240
76$11,416,026$0$0$3,426,432
77$12,437,102$0$0$3,738,468
78$13,557,812$0$0$4,081,152
79$14,788,176$0$0$4,457,572
80$16,139,232$0$0$4,871,132
81$17,623,141$0$0$5,325,580
82$19,253,295$0$0$5,825,046
83$21,044,452$0$0$6,374,079
84$23,012,868$0$0$6,977,692
85$25,176,451$0$0$7,641,408
86$27,554,933$0$0$8,371,311
87$30,170,049$0$0$9,174,103
88$33,045,750$0$0$10,057,172
89$36,208,421$0$0$11,028,653
90$39,687,132$0$0$12,097,514
91$43,513,913$0$0$13,273,633
92$47,724,055$0$0$14,567,894
93$52,356,440$0$0$15,992,291
94$57,453,912$0$0$17,560,038
95$63,063,674$0$0$19,285,697
96$69,237,741$0$0$21,185,310
97$76,033,422$0$0$23,276,557
98$83,513,866$0$0$25,578,916
99$91,748,653$0$0$28,113,853
100$100,814,455$0$0$30,905,020