Can I retire at age 30 with 552,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$45,584$45,178$44,781$44,395$44,017$43,111
2 years$22,566$22,146$21,739$21,344$20,961$20,052
3 years$14,895$14,473$14,066$13,675$13,298$12,415
4 years$11,060$10,639$10,237$9,852$9,484$8,634
5 years$8,759$8,341$7,944$7,567$7,210$6,394
6 years$7,226$6,811$6,420$6,052$5,705$4,925
7 years$6,132$5,720$5,335$4,975$4,640$3,896
8 years$5,311$4,903$4,525$4,174$3,849$3,141
9 years$4,673$4,269$3,897$3,555$3,241$2,568
10 years$4,163$3,763$3,397$3,065$2,762$2,123
11 years$3,746$3,350$2,991$2,667$2,375$1,771
12 years$3,399$3,007$2,655$2,339$2,058$1,486
13 years$3,105$2,717$2,372$2,065$1,795$1,255
14 years$2,854$2,470$2,131$1,833$1,573$1,064
15 years$2,636$2,256$1,924$1,635$1,385$906
16 years$2,446$2,070$1,744$1,464$1,224$774
17 years$2,278$1,906$1,587$1,315$1,086$662
18 years$2,129$1,762$1,449$1,185$965$568
19 years$1,996$1,633$1,326$1,071$860$489
20 years$1,876$1,517$1,217$970$769$421
21 years$1,768$1,413$1,120$880$688$363
22 years$1,670$1,319$1,032$801$616$313
23 years$1,580$1,234$953$729$553$271
24 years$1,498$1,156$881$665$497$234
25 years$1,423$1,085$816$607$448$203
26 years$1,354$1,020$757$555$403$175
27 years$1,290$960$703$508$363$152
28 years$1,230$904$653$466$328$132
29 years$1,175$853$608$427$296$114
30 years$1,124$806$566$392$268$99
31 years$1,076$761$528$360$242$86
32 years$1,031$721$493$331$219$75
33 years$989$682$460$304$198$65
34 years$949$647$430$280$179$56
35 years$912$613$402$258$162$49
36 years$877$582$376$237$147$43
37 years$844$553$352$219$133$37
38 years$812$526$330$202$121$32
39 years$783$500$309$186$110$28
40 years$755$475$289$171$99$24
41 years$728$453$271$158$90$21
42 years$703$431$255$146$82$18
43 years$679$411$239$135$74$16
44 years$656$391$224$124$67$14
45 years$634$373$210$115$61$12
46 years$613$356$198$106$56$10
47 years$593$340$186$98$50$9
48 years$574$324$175$91$46$8
49 years$556$310$164$84$42$7
50 years$539$296$154$77$38$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $552,000, adding $2,608 every year, while hoping to spend $26,870 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: 67/8/25 Blend
29$552,000$552,000$552,000$552,000
30$610,994$581,738$573,182$647,820
31$644,726$581,654$563,794$672,815
32$680,998$580,665$553,191$696,846
33$720,041$578,698$541,304$722,512
34$762,108$575,677$528,061$749,973
35$807,477$571,520$513,385$779,411
36$856,455$566,140$497,199$811,021
37$909,377$559,444$479,418$845,024
38$966,612$551,335$459,957$881,662
39$1,028,566$541,710$438,725$921,202
40$1,095,685$530,459$415,628$963,940
41$1,168,460$517,467$390,567$1,010,202
42$1,247,429$502,609$363,437$1,060,352
43$1,333,187$485,757$334,133$1,114,787
44$1,426,386$466,773$302,540$1,173,948
45$1,527,743$445,511$268,541$1,238,324
46$1,638,049$421,816$232,012$1,308,453
47$1,758,171$395,527$192,826$1,384,929
48$1,889,067$366,470$150,848$1,468,409
49$2,031,788$334,464$105,938$1,559,619
50$2,187,493$299,315$57,950$1,659,361
51$2,357,457$260,821$6,730$1,768,518
52$2,543,082$218,766$0$1,888,069
53$2,745,914$172,923$0$2,031,876
54$2,967,653$123,052$0$2,191,093
55$3,210,172$68,899$0$2,365,283
56$3,475,531$10,197$0$2,555,946
57$3,766,002$0$0$2,764,733
58$4,084,084$0$0$2,998,160
59$4,432,529$0$0$3,254,887
60$4,814,370$0$0$3,536,253
61$5,232,945$0$0$3,844,725
62$5,691,931$0$0$4,183,015
63$6,195,379$0$0$4,554,114
64$6,747,748$0$0$4,961,315
65$7,353,953$0$0$5,408,244
66$8,019,406$0$0$5,898,898
67$8,750,068$0$0$6,437,678
68$9,552,507$0$0$7,029,431
69$10,433,959$0$0$7,679,500
70$11,402,391$0$0$8,393,767
71$12,466,586$0$0$9,178,714
72$13,636,214$0$0$10,041,482
73$14,921,932$0$0$10,989,939
74$16,335,481$0$0$12,032,752
75$17,889,794$0$0$13,179,470
76$19,599,123$0$0$14,440,613
77$21,479,166$0$0$15,827,773
78$23,547,224$0$0$17,353,721
79$25,822,355$0$0$19,032,529
80$28,325,558$0$0$20,879,700
81$31,079,972$0$0$22,912,316
82$34,111,090$0$0$25,149,201
83$37,447,002$0$0$27,611,093
84$41,118,660$0$0$30,320,842
85$45,160,167$0$0$33,303,629
86$49,609,100$0$0$36,587,197
87$54,506,867$0$0$40,202,117
88$59,899,091$0$0$44,182,073
89$65,836,047$0$0$48,564,185
90$72,373,131$0$0$53,389,352
91$79,571,384$0$0$58,702,641
92$87,498,069$0$0$64,553,715
93$96,227,304$0$0$70,997,295
94$105,840,760$0$0$78,093,683
95$116,428,435$0$0$85,909,323
96$128,089,497$0$0$94,517,437
97$140,933,227$0$0$103,998,708
98$155,080,043$0$0$114,442,043
99$170,662,641$0$0$125,945,416
100$187,827,243$0$0$138,616,787