Can I retire at age 30 with 561,000?

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 $561,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$46,327$45,914$45,512$45,119$44,735$43,425
2 years$22,934$22,507$22,093$21,692$21,302$19,993
3 years$15,138$14,709$14,296$13,898$13,515$12,248
4 years$11,240$10,812$10,404$10,013$9,639$8,423
5 years$8,902$8,477$8,074$7,691$7,327$6,166
6 years$7,344$6,922$6,525$6,150$5,798$4,693
7 years$6,232$5,813$5,422$5,057$4,715$3,666
8 years$5,398$4,983$4,598$4,242$3,912$2,918
9 years$4,749$4,339$3,961$3,613$3,294$2,355
10 years$4,231$3,824$3,453$3,115$2,807$1,920
11 years$3,807$3,404$3,040$2,711$2,414$1,579
12 years$3,454$3,056$2,698$2,378$2,092$1,307
13 years$3,156$2,761$2,410$2,099$1,824$1,087
14 years$2,900$2,510$2,166$1,863$1,599$908
15 years$2,679$2,293$1,955$1,662$1,408$761
16 years$2,485$2,104$1,773$1,488$1,244$640
17 years$2,315$1,938$1,613$1,337$1,103$539
18 years$2,164$1,790$1,473$1,205$981$455
19 years$2,028$1,659$1,348$1,089$874$385
20 years$1,907$1,542$1,237$986$781$326
21 years$1,797$1,436$1,138$895$699$276
22 years$1,697$1,341$1,049$814$627$235
23 years$1,606$1,254$968$741$562$199
24 years$1,523$1,175$896$676$505$169
25 years$1,446$1,102$830$617$455$144
26 years$1,376$1,036$769$564$410$123
27 years$1,311$975$714$517$369$104
28 years$1,250$919$664$473$333$89
29 years$1,194$867$618$434$301$76
30 years$1,142$819$576$398$272$64
31 years$1,093$774$537$366$246$55
32 years$1,047$732$501$336$222$47
33 years$1,005$693$468$309$201$40
34 years$964$657$437$284$182$34
35 years$927$623$408$262$165$29
36 years$891$592$382$241$150$25
37 years$857$562$358$222$136$21
38 years$826$534$335$205$123$18
39 years$795$508$314$189$111$15
40 years$767$483$294$174$101$13
41 years$740$460$276$161$92$11
42 years$714$438$259$148$83$10
43 years$690$417$243$137$76$8
44 years$667$398$228$126$69$7
45 years$644$379$214$117$62$6
46 years$623$362$201$108$56$5
47 years$603$345$189$100$51$4
48 years$584$330$177$92$47$4
49 years$565$315$167$85$42$3
50 years$548$301$157$79$38$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $561,000, adding $5,433 every year, while hoping to spend $45,960 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: 73/6/21 Blend
29$561,000$561,000$561,000$561,000
30$623,826$594,093$585,398$665,814
31$638,555$574,303$556,107$674,663
32$653,246$552,002$524,296$678,303
33$667,847$527,020$489,829$681,130
34$682,298$499,174$452,569$683,055
35$696,533$468,274$412,370$683,979
36$710,475$434,116$369,081$683,797
37$724,041$396,485$322,542$682,394
38$737,136$355,155$272,590$679,641
39$749,652$309,885$219,050$675,402
40$761,470$260,424$161,742$669,525
41$772,458$206,502$100,478$661,846
42$782,466$147,838$35,061$652,184
43$791,328$84,133$0$640,343
44$798,859$15,071$0$633,894
45$804,853$0$0$633,706
46$809,080$0$0$635,646
47$811,286$0$0$636,941
48$811,186$0$0$636,366
49$808,467$0$0$633,668
50$802,778$0$0$628,566
51$793,732$0$0$620,746
52$780,900$0$0$609,862
53$763,804$0$0$595,531
54$741,916$0$0$577,328
55$714,653$0$0$554,781
56$681,365$0$0$527,369
57$641,338$0$0$494,514
58$593,779$0$0$455,580
59$537,809$0$0$409,858
60$472,459$0$0$356,570
61$396,658$0$0$294,850
62$309,218$0$0$223,745
63$208,832$0$0$142,200
64$94,050$0$0$49,050
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0