Can I retire at age 30 with 552,000?

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 $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%11.9%
1 years$45,584$45,178$44,781$44,395$44,017$43,667
2 years$22,566$22,146$21,739$21,344$20,961$20,607
3 years$14,895$14,473$14,066$13,675$13,298$12,953
4 years$11,060$10,639$10,237$9,852$9,484$9,150
5 years$8,759$8,341$7,944$7,567$7,210$6,887
6 years$7,226$6,811$6,420$6,052$5,705$5,394
7 years$6,132$5,720$5,335$4,975$4,640$4,341
8 years$5,311$4,903$4,525$4,174$3,849$3,563
9 years$4,673$4,269$3,897$3,555$3,241$2,968
10 years$4,163$3,763$3,397$3,065$2,762$2,500
11 years$3,746$3,350$2,991$2,667$2,375$2,126
12 years$3,399$3,007$2,655$2,339$2,058$1,820
13 years$3,105$2,717$2,372$2,065$1,795$1,568
14 years$2,854$2,470$2,131$1,833$1,573$1,358
15 years$2,636$2,256$1,924$1,635$1,385$1,181
16 years$2,446$2,070$1,744$1,464$1,224$1,030
17 years$2,278$1,906$1,587$1,315$1,086$902
18 years$2,129$1,762$1,449$1,185$965$791
19 years$1,996$1,633$1,326$1,071$860$696
20 years$1,876$1,517$1,217$970$769$613
21 years$1,768$1,413$1,120$880$688$541
22 years$1,670$1,319$1,032$801$616$478
23 years$1,580$1,234$953$729$553$423
24 years$1,498$1,156$881$665$497$375
25 years$1,423$1,085$816$607$448$333
26 years$1,354$1,020$757$555$403$295
27 years$1,290$960$703$508$363$262
28 years$1,230$904$653$466$328$233
29 years$1,175$853$608$427$296$207
30 years$1,124$806$566$392$268$184
31 years$1,076$761$528$360$242$164
32 years$1,031$721$493$331$219$146
33 years$989$682$460$304$198$130
34 years$949$647$430$280$179$116
35 years$912$613$402$258$162$104
36 years$877$582$376$237$147$92
37 years$844$553$352$219$133$82
38 years$812$526$330$202$121$73
39 years$783$500$309$186$110$66
40 years$755$475$289$171$99$59
41 years$728$453$271$158$90$52
42 years$703$431$255$146$82$47
43 years$679$411$239$135$74$42
44 years$656$391$224$124$67$37
45 years$634$373$210$115$61$33
46 years$613$356$198$106$56$30
47 years$593$340$186$98$50$26
48 years$574$324$175$91$46$24
49 years$556$310$164$84$42$21
50 years$539$296$154$77$38$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $552,000, adding $3,748 every year, while hoping to spend $36,960 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: 78/12/10 Blend
29$552,000$552,000$552,000$552,000
30$612,170$582,914$574,358$658,591
31$635,286$572,152$554,274$678,865
32$659,522$559,623$532,278$695,956
33$684,951$545,203$508,268$713,631
34$711,656$528,758$482,135$731,932
35$739,726$510,148$453,767$750,906
36$769,257$489,224$423,047$770,605
37$800,353$465,828$389,851$791,087
38$833,129$439,793$354,051$812,415
39$867,708$410,944$315,512$834,660
40$904,228$379,093$274,095$857,902
41$942,835$344,044$229,653$882,227
42$983,690$305,589$182,033$907,733
43$1,026,971$263,507$131,075$934,526
44$1,072,868$217,566$76,613$962,725
45$1,121,594$167,519$18,472$992,464
46$1,173,377$113,108$0$1,023,887
47$1,228,470$54,059$0$1,061,808
48$1,287,147$0$0$1,104,161
49$1,349,711$0$0$1,150,505
50$1,416,491$0$0$1,207,603
51$1,487,850$0$0$1,268,627
52$1,564,184$0$0$1,333,917
53$1,645,928$0$0$1,403,847
54$1,733,560$0$0$1,478,828
55$1,827,601$0$0$1,559,307
56$1,928,628$0$0$1,645,779
57$2,037,269$0$0$1,738,785
58$2,154,218$0$0$1,838,920
59$2,280,233$0$0$1,946,836
60$2,416,150$0$0$2,063,250
61$2,562,885$0$0$2,188,950
62$2,721,446$0$0$2,324,802
63$2,892,941$0$0$2,471,757
64$3,078,586$0$0$2,630,861
65$3,279,720$0$0$2,803,263
66$3,497,814$0$0$2,990,228
67$3,734,486$0$0$3,193,147
68$3,991,514$0$0$3,413,547
69$4,270,857$0$0$3,653,111
70$4,574,668$0$0$3,913,689
71$4,905,315$0$0$4,197,317
72$5,265,406$0$0$4,506,235
73$5,657,807$0$0$4,842,907
74$6,085,676$0$0$5,210,047
75$6,552,488$0$0$5,610,639
76$7,062,065$0$0$6,047,970
77$7,618,618$0$0$6,525,658
78$8,226,780$0$0$7,047,686
79$8,891,653$0$0$7,618,437
80$9,618,855$0$0$8,242,739
81$10,414,568$0$0$8,925,907
82$11,285,604$0$0$9,673,795
83$12,239,461$0$0$10,492,846
84$13,284,398$0$0$11,390,159
85$14,429,508$0$0$12,373,550
86$15,684,808$0$0$13,451,627
87$17,061,328$0$0$14,633,871
88$18,571,219$0$0$15,930,724
89$20,227,861$0$0$17,353,689
90$22,045,997$0$0$18,915,434
91$24,041,861$0$0$20,629,915
92$26,233,339$0$0$22,512,503
93$28,640,133$0$0$24,580,134
94$31,283,946$0$0$26,851,460
95$34,188,688$0$0$29,347,032
96$37,380,697$0$0$32,089,489
97$40,888,992$0$0$35,103,773
98$44,745,539$0$0$38,417,359
99$48,985,559$0$0$42,060,521
100$53,647,855$0$0$46,066,611