Can I retire at age 30 with 549,000?

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 $549,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$45,336$44,932$44,538$44,154$43,778$43,017
2 years$22,444$22,026$21,620$21,228$20,847$20,083
3 years$14,814$14,394$13,990$13,601$13,226$12,483
4 years$11,000$10,581$10,181$9,799$9,433$8,716
5 years$8,712$8,296$7,901$7,526$7,171$6,482
6 years$7,187$6,774$6,385$6,019$5,674$5,014
7 years$6,098$5,689$5,306$4,948$4,614$3,984
8 years$5,282$4,876$4,500$4,151$3,828$3,227
9 years$4,648$4,246$3,876$3,536$3,224$2,652
10 years$4,140$3,742$3,379$3,048$2,747$2,203
11 years$3,726$3,332$2,975$2,653$2,362$1,846
12 years$3,380$2,990$2,640$2,327$2,047$1,558
13 years$3,088$2,702$2,359$2,054$1,785$1,322
14 years$2,838$2,456$2,119$1,823$1,565$1,128
15 years$2,622$2,244$1,913$1,626$1,378$965
16 years$2,432$2,059$1,735$1,456$1,218$829
17 years$2,265$1,896$1,579$1,308$1,080$714
18 years$2,117$1,752$1,441$1,179$960$616
19 years$1,985$1,624$1,319$1,065$856$533
20 years$1,866$1,509$1,211$965$764$462
21 years$1,758$1,405$1,114$876$684$400
22 years$1,661$1,312$1,026$796$613$348
23 years$1,572$1,227$948$725$550$302
24 years$1,490$1,150$876$661$495$263
25 years$1,415$1,079$812$604$445$229
26 years$1,346$1,014$753$552$401$200
27 years$1,283$954$699$505$362$174
28 years$1,224$899$650$463$326$152
29 years$1,169$848$605$425$295$133
30 years$1,118$801$563$390$266$116
31 years$1,070$757$525$358$241$101
32 years$1,025$717$490$329$218$88
33 years$983$679$458$303$197$77
34 years$944$643$427$278$178$68
35 years$907$610$400$256$162$59
36 years$872$579$374$236$146$52
37 years$839$550$350$217$133$45
38 years$808$523$328$200$120$40
39 years$778$497$307$185$109$35
40 years$751$473$288$170$99$30
41 years$724$450$270$157$90$27
42 years$699$429$253$145$81$23
43 years$675$408$238$134$74$20
44 years$652$389$223$124$67$18
45 years$631$371$209$114$61$16
46 years$610$354$197$106$55$14
47 years$590$338$185$97$50$12
48 years$571$323$174$90$46$10
49 years$553$308$163$83$41$9
50 years$536$294$153$77$38$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $549,000, adding $5,692 every year, while hoping to spend $25,342 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: 39/50/11 Blend
29$549,000$549,000$549,000$549,000
30$610,869$581,772$573,263$632,451
31$646,214$583,315$565,503$649,801
32$684,315$584,085$556,635$665,629
33$725,426$584,016$546,593$682,179
34$769,827$583,040$535,311$699,529
35$817,824$581,084$522,719$717,763
36$869,755$578,070$508,743$736,978
37$925,992$573,917$493,308$757,282
38$986,942$568,538$476,332$778,795
39$1,053,053$561,839$457,732$801,652
40$1,124,819$553,724$437,421$826,004
41$1,202,783$544,088$415,307$852,019
42$1,287,540$532,822$391,293$879,886
43$1,379,748$519,810$365,280$909,814
44$1,480,129$504,927$337,164$942,037
45$1,589,478$488,044$306,834$976,816
46$1,708,669$469,023$274,178$1,014,442
47$1,838,665$447,717$239,075$1,055,238
48$1,980,526$423,971$201,400$1,099,564
49$2,135,417$397,624$161,025$1,147,822
50$2,304,623$368,501$117,813$1,200,457
51$2,489,557$336,420$71,622$1,257,964
52$2,691,775$301,187$22,304$1,320,894
53$2,912,990$262,599$0$1,389,860
54$3,155,088$220,440$0$1,469,099
55$3,420,147$174,482$0$1,558,832
56$3,710,455$124,484$0$1,657,294
57$4,028,529$70,192$0$1,765,436
58$4,377,145$11,337$0$1,884,307
59$4,759,357$0$0$2,015,073
60$5,178,530$0$0$2,187,834
61$5,638,372$0$0$2,384,274
62$6,142,964$0$0$2,599,910
63$6,696,802$0$0$2,836,672
64$7,304,841$0$0$3,096,688
65$7,972,536$0$0$3,382,302
66$8,705,899$0$0$3,696,097
67$9,511,549$0$0$4,040,915
68$10,396,781$0$0$4,419,891
69$11,369,631$0$0$4,836,477
70$12,438,952$0$0$5,294,476
71$13,614,497$0$0$5,798,078
72$14,907,010$0$0$6,351,900
73$16,328,331$0$0$6,961,027
74$17,891,502$0$0$7,631,065
75$19,610,893$0$0$8,368,187
76$21,502,337$0$0$9,179,197
77$23,583,280$0$0$10,071,589
78$25,872,941$0$0$11,053,622
79$28,392,499$0$0$12,134,397
80$31,165,288$0$0$13,323,940
81$34,217,020$0$0$14,633,300
82$37,576,023$0$0$16,074,649
83$41,273,514$0$0$17,661,401
84$45,343,889$0$0$19,408,337
85$49,825,047$0$0$21,331,743
86$54,758,749$0$0$23,449,565
87$60,191,013$0$0$25,781,576
88$66,172,544$0$0$28,349,568
89$72,759,216$0$0$31,177,551
90$80,012,596$0$0$34,291,982
91$88,000,527$0$0$37,722,017
92$96,797,766$0$0$41,499,780
93$106,486,691$0$0$45,660,675
94$117,158,077$0$0$50,243,710
95$128,911,950$0$0$55,291,872
96$141,858,537$0$0$60,852,531
97$156,119,299$0$0$66,977,885
98$171,828,081$0$0$73,725,455
99$189,132,375$0$0$81,158,626
100$208,194,708$0$0$89,347,245