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%13.1%
1 years$45,336$44,932$44,538$44,154$43,778$43,213
2 years$22,444$22,026$21,620$21,228$20,847$20,278
3 years$14,814$14,394$13,990$13,601$13,226$12,672
4 years$11,000$10,581$10,181$9,799$9,433$8,897
5 years$8,712$8,296$7,901$7,526$7,171$6,655
6 years$7,187$6,774$6,385$6,019$5,674$5,179
7 years$6,098$5,689$5,306$4,948$4,614$4,140
8 years$5,282$4,876$4,500$4,151$3,828$3,375
9 years$4,648$4,246$3,876$3,536$3,224$2,791
10 years$4,140$3,742$3,379$3,048$2,747$2,335
11 years$3,726$3,332$2,975$2,653$2,362$1,970
12 years$3,380$2,990$2,640$2,327$2,047$1,674
13 years$3,088$2,702$2,359$2,054$1,785$1,431
14 years$2,838$2,456$2,119$1,823$1,565$1,230
15 years$2,622$2,244$1,913$1,626$1,378$1,061
16 years$2,432$2,059$1,735$1,456$1,218$918
17 years$2,265$1,896$1,579$1,308$1,080$797
18 years$2,117$1,752$1,441$1,179$960$693
19 years$1,985$1,624$1,319$1,065$856$604
20 years$1,866$1,509$1,211$965$764$528
21 years$1,758$1,405$1,114$876$684$462
22 years$1,661$1,312$1,026$796$613$404
23 years$1,572$1,227$948$725$550$355
24 years$1,490$1,150$876$661$495$311
25 years$1,415$1,079$812$604$445$273
26 years$1,346$1,014$753$552$401$240
27 years$1,283$954$699$505$362$212
28 years$1,224$899$650$463$326$186
29 years$1,169$848$605$425$295$164
30 years$1,118$801$563$390$266$145
31 years$1,070$757$525$358$241$127
32 years$1,025$717$490$329$218$112
33 years$983$679$458$303$197$99
34 years$944$643$427$278$178$87
35 years$907$610$400$256$162$77
36 years$872$579$374$236$146$68
37 years$839$550$350$217$133$60
38 years$808$523$328$200$120$53
39 years$778$497$307$185$109$47
40 years$751$473$288$170$99$41
41 years$724$450$270$157$90$37
42 years$699$429$253$145$81$32
43 years$675$408$238$134$74$29
44 years$652$389$223$124$67$25
45 years$631$371$209$114$61$22
46 years$610$354$197$106$55$20
47 years$590$338$185$97$50$17
48 years$571$323$174$90$46$15
49 years$553$308$163$83$41$14
50 years$536$294$153$77$38$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $549,000, adding $4,924 every year, while hoping to spend $26,036 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: 26/45/29 Blend
29$549,000$549,000$549,000$549,000
30$610,077$580,980$572,471$620,333
31$644,603$581,746$563,946$629,943
32$681,778$581,677$554,264$637,710
33$721,844$580,704$543,357$645,514
34$765,069$578,755$531,156$653,377
35$811,745$575,753$517,589$661,323
36$862,194$571,617$502,579$669,383
37$916,770$566,258$486,048$677,596
38$975,862$559,586$467,911$686,002
39$1,039,897$551,502$448,083$694,654
40$1,109,344$541,904$426,472$703,610
41$1,184,723$530,683$402,984$712,938
42$1,266,599$517,721$377,519$722,716
43$1,355,600$502,897$349,974$733,034
44$1,452,413$486,081$320,240$743,997
45$1,557,795$467,134$288,203$755,721
46$1,672,578$445,912$253,747$768,343
47$1,797,680$422,261$216,746$782,014
48$1,934,109$396,018$177,073$796,908
49$2,082,976$367,010$134,592$813,222
50$2,245,502$335,056$89,163$831,178
51$2,423,032$299,963$40,640$851,027
52$2,617,048$261,528$0$873,051
53$2,829,180$219,535$0$901,016
54$3,061,223$173,759$0$945,476
55$3,315,154$123,959$0$994,294
56$3,593,148$69,882$0$1,047,975
57$3,897,604$11,261$0$1,107,077
58$4,231,159$0$0$1,172,225
59$4,596,721$0$0$1,269,951
60$4,997,491$0$0$1,383,296
61$5,436,994$0$0$1,507,692
62$5,919,114$0$0$1,644,250
63$6,448,128$0$0$1,794,195
64$7,028,747$0$0$1,958,874
65$7,666,161$0$0$2,139,774
66$8,366,086$0$0$2,338,529
67$9,134,820$0$0$2,556,943
68$9,979,300$0$0$2,797,002
69$10,907,168$0$0$3,060,894
70$11,926,842$0$0$3,351,027
71$13,047,598$0$0$3,670,060
72$14,279,655$0$0$4,020,916
73$15,634,269$0$0$4,406,819
74$17,123,843$0$0$4,831,322
75$18,762,043$0$0$5,298,336
76$20,563,923$0$0$5,812,174
77$22,546,072$0$0$6,377,585
78$24,726,766$0$0$6,999,805
79$27,126,142$0$0$7,684,600
80$29,766,387$0$0$8,438,324
81$32,671,950$0$0$9,267,980
82$35,869,765$0$0$10,181,282
83$39,389,514$0$0$11,186,733
84$43,263,899$0$0$12,293,699
85$47,528,957$0$0$13,512,501
86$52,224,392$0$0$14,854,515
87$57,393,958$0$0$16,332,271
88$63,085,864$0$0$17,959,580
89$69,353,233$0$0$19,751,659
90$76,254,601$0$0$21,725,277
91$83,854,469$0$0$23,898,911
92$92,223,913$0$0$26,292,921
93$101,441,254$0$0$28,929,745
94$111,592,795$0$0$31,834,105
95$122,773,635$0$0$35,033,247
96$135,088,570$0$0$38,557,190
97$148,653,077$0$0$42,439,019
98$163,594,406$0$0$46,715,187
99$180,052,781$0$0$51,425,867
100$198,182,719$0$0$56,615,327