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%11.4%
1 years$45,584$45,178$44,781$44,395$44,017$43,758
2 years$22,566$22,146$21,739$21,344$20,961$20,699
3 years$14,895$14,473$14,066$13,675$13,298$13,043
4 years$11,060$10,639$10,237$9,852$9,484$9,237
5 years$8,759$8,341$7,944$7,567$7,210$6,971
6 years$7,226$6,811$6,420$6,052$5,705$5,474
7 years$6,132$5,720$5,335$4,975$4,640$4,418
8 years$5,311$4,903$4,525$4,174$3,849$3,636
9 years$4,673$4,269$3,897$3,555$3,241$3,038
10 years$4,163$3,763$3,397$3,065$2,762$2,567
11 years$3,746$3,350$2,991$2,667$2,375$2,189
12 years$3,399$3,007$2,655$2,339$2,058$1,880
13 years$3,105$2,717$2,372$2,065$1,795$1,625
14 years$2,854$2,470$2,131$1,833$1,573$1,412
15 years$2,636$2,256$1,924$1,635$1,385$1,232
16 years$2,446$2,070$1,744$1,464$1,224$1,078
17 years$2,278$1,906$1,587$1,315$1,086$947
18 years$2,129$1,762$1,449$1,185$965$834
19 years$1,996$1,633$1,326$1,071$860$736
20 years$1,876$1,517$1,217$970$769$651
21 years$1,768$1,413$1,120$880$688$577
22 years$1,670$1,319$1,032$801$616$512
23 years$1,580$1,234$953$729$553$454
24 years$1,498$1,156$881$665$497$404
25 years$1,423$1,085$816$607$448$360
26 years$1,354$1,020$757$555$403$321
27 years$1,290$960$703$508$363$286
28 years$1,230$904$653$466$328$255
29 years$1,175$853$608$427$296$228
30 years$1,124$806$566$392$268$204
31 years$1,076$761$528$360$242$182
32 years$1,031$721$493$331$219$163
33 years$989$682$460$304$198$146
34 years$949$647$430$280$179$130
35 years$912$613$402$258$162$117
36 years$877$582$376$237$147$104
37 years$844$553$352$219$133$94
38 years$812$526$330$202$121$84
39 years$783$500$309$186$110$75
40 years$755$475$289$171$99$67
41 years$728$453$271$158$90$60
42 years$703$431$255$146$82$54
43 years$679$411$239$135$74$49
44 years$656$391$224$124$67$44
45 years$634$373$210$115$61$39
46 years$613$356$198$106$56$35
47 years$593$340$186$98$50$31
48 years$574$324$175$91$46$28
49 years$556$310$164$84$42$25
50 years$539$296$154$77$38$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $552,000, adding $4,255 every year, while hoping to spend $22,321 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: 68/21/11 Blend
29$552,000$552,000$552,000$552,000
30$612,693$583,437$574,881$652,643
31$651,438$588,276$570,390$684,577
32$693,388$592,604$565,001$716,415
33$738,844$596,373$558,659$750,652
34$788,141$599,530$551,309$787,519
35$841,645$602,020$542,892$827,274
36$899,760$603,786$533,346$870,197
37$962,929$604,765$522,606$916,600
38$1,031,640$604,891$510,605$966,828
39$1,106,430$604,093$497,273$1,021,259
40$1,187,889$602,298$482,536$1,080,310
41$1,276,669$599,425$466,316$1,144,444
42$1,373,484$595,392$448,532$1,214,168
43$1,479,122$590,109$429,101$1,290,044
44$1,594,450$583,481$407,933$1,372,690
45$1,720,421$575,409$384,936$1,462,788
46$1,858,087$565,787$360,014$1,561,093
47$2,008,603$554,502$333,066$1,668,433
48$2,173,243$541,436$303,987$1,785,726
49$2,353,409$526,461$272,665$1,913,981
50$2,550,645$509,446$238,987$2,054,314
51$2,766,650$490,248$202,833$2,207,952
52$3,003,296$468,718$164,076$2,376,253
53$3,262,645$444,698$122,586$2,560,710
54$3,546,968$418,022$78,225$2,762,974
55$3,858,766$388,511$30,852$2,984,863
56$4,200,792$355,980$0$3,228,384
57$4,576,080$320,230$0$3,498,060
58$4,987,971$281,053$0$3,798,034
59$5,440,148$238,228$0$4,127,391
60$5,936,663$191,522$0$4,489,117
61$6,481,985$140,688$0$4,886,505
62$7,081,032$85,467$0$5,323,184
63$7,739,225$25,583$0$5,803,157
64$8,462,536$0$0$6,330,833
65$9,257,543$0$0$6,920,146
66$10,131,493$0$0$7,574,511
67$11,092,371$0$0$8,293,999
68$12,148,973$0$0$9,085,202
69$13,310,992$0$0$9,955,382
70$14,589,106$0$0$10,912,540
71$15,995,080$0$0$11,965,492
72$17,541,877$0$0$13,123,951
73$19,243,779$0$0$14,398,620
74$21,116,523$0$0$15,801,289
75$23,177,448$0$0$17,344,953
76$25,445,659$0$0$19,043,925
77$27,942,207$0$0$20,913,981
78$30,690,287$0$0$22,972,502
79$33,715,457$0$0$25,238,638
80$37,045,880$0$0$27,733,493
81$40,712,587$0$0$30,480,319
82$44,749,771$0$0$33,504,739
83$49,195,109$0$0$36,834,986
84$54,090,118$0$0$40,502,170
85$59,480,548$0$0$44,540,572
86$65,416,808$0$0$48,987,967
87$71,954,449$0$0$53,885,981
88$79,154,680$0$0$59,280,481
89$87,084,952$0$0$65,222,011
90$95,819,591$0$0$71,766,268
91$105,440,501$0$0$78,974,624
92$116,037,934$0$0$86,914,711
93$127,711,344$0$0$95,661,054
94$140,570,325$0$0$105,295,777
95$154,735,642$0$0$115,909,376
96$170,340,377$0$0$127,601,576
97$187,531,179$0$0$140,482,267
98$206,469,649$0$0$154,672,547
99$227,333,867$0$0$170,305,860
100$250,320,072$0$0$187,529,257