Can I retire at age 30 with 565,000?

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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$46,657$46,242$45,836$45,440$45,054$44,289
2 years$23,098$22,667$22,251$21,846$21,454$20,686
3 years$15,245$14,813$14,398$13,997$13,611$12,864
4 years$11,320$10,889$10,478$10,084$9,708$8,987
5 years$8,966$8,537$8,131$7,746$7,380$6,687
6 years$7,396$6,971$6,571$6,194$5,839$5,176
7 years$6,276$5,855$5,461$5,093$4,749$4,115
8 years$5,436$5,018$4,631$4,272$3,940$3,335
9 years$4,783$4,370$3,989$3,639$3,318$2,742
10 years$4,261$3,852$3,477$3,137$2,827$2,279
11 years$3,834$3,429$3,062$2,730$2,431$1,911
12 years$3,479$3,077$2,717$2,394$2,107$1,614
13 years$3,178$2,781$2,427$2,114$1,837$1,371
14 years$2,921$2,528$2,181$1,877$1,611$1,170
15 years$2,698$2,309$1,969$1,674$1,418$1,002
16 years$2,503$2,119$1,785$1,498$1,253$861
17 years$2,331$1,951$1,625$1,346$1,111$742
18 years$2,179$1,803$1,483$1,213$988$641
19 years$2,043$1,671$1,358$1,096$881$555
20 years$1,920$1,553$1,246$993$787$481
21 years$1,810$1,446$1,146$901$704$417
22 years$1,709$1,350$1,056$819$631$363
23 years$1,618$1,263$975$746$566$316
24 years$1,534$1,183$902$681$509$275
25 years$1,457$1,110$835$622$458$240
26 years$1,386$1,044$775$568$413$209
27 years$1,320$982$719$520$372$183
28 years$1,259$925$669$477$336$159
29 years$1,203$873$622$437$303$139
30 years$1,150$824$580$401$274$122
31 years$1,101$779$541$368$248$106
32 years$1,055$737$504$339$224$93
33 years$1,012$698$471$311$203$81
34 years$971$662$440$286$184$71
35 years$933$628$411$264$166$62
36 years$897$596$385$243$151$55
37 years$863$566$360$224$137$48
38 years$831$538$337$206$124$42
39 years$801$511$316$190$112$37
40 years$772$487$296$175$102$32
41 years$745$463$278$162$92$28
42 years$719$441$261$149$84$25
43 years$695$420$244$138$76$22
44 years$671$401$229$127$69$19
45 years$649$382$215$118$63$17
46 years$628$364$202$109$57$15
47 years$607$348$190$100$52$13
48 years$588$332$179$93$47$11
49 years$569$317$168$86$43$10
50 years$552$303$158$79$39$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $565,000, adding $6,270 every year, while hoping to spend $22,990 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: 54/40/6 Blend
29$565,000$565,000$565,000$565,000
30$629,098$599,153$590,395$661,882
31$668,804$604,050$585,712$689,647
32$711,791$608,417$580,102$716,771
33$758,367$612,202$573,509$745,728
34$808,874$615,354$565,875$776,696
35$863,687$617,814$557,140$809,870
36$923,219$619,523$547,239$845,466
37$987,923$620,415$536,108$883,723
38$1,058,299$620,424$523,675$924,906
39$1,134,896$619,475$509,869$969,307
40$1,218,318$617,492$494,612$1,017,247
41$1,309,231$614,394$477,826$1,069,085
42$1,408,366$610,092$459,427$1,125,213
43$1,516,529$604,497$439,328$1,186,067
44$1,634,607$597,509$417,437$1,252,129
45$1,763,576$589,026$393,660$1,323,931
46$1,904,510$578,937$367,897$1,402,058
47$2,058,592$567,127$340,044$1,487,161
48$2,227,125$553,473$309,992$1,579,956
49$2,411,543$537,845$277,628$1,681,235
50$2,613,425$520,104$242,833$1,791,872
51$2,834,510$500,104$205,483$1,912,834
52$3,076,713$477,692$165,450$2,045,188
53$3,342,143$452,704$122,598$2,190,111
54$3,633,122$424,967$76,785$2,348,904
55$3,952,208$394,299$27,866$2,523,005
56$4,302,220$360,506$0$2,713,999
57$4,686,259$323,383$0$2,925,195
58$5,107,745$282,717$0$3,158,974
59$5,570,442$238,277$0$3,415,695
60$6,078,497$189,823$0$3,697,725
61$6,636,481$137,101$0$4,007,675
62$7,249,425$79,842$0$4,348,429
63$7,922,874$17,762$0$4,723,166
64$8,662,936$0$0$5,135,395
65$9,476,341$0$0$5,610,749
66$10,370,500$0$0$6,141,950
67$11,353,583$0$0$6,726,039
68$12,434,587$0$0$7,368,370
69$13,623,425$0$0$8,074,841
70$14,931,021$0$0$8,851,952
71$16,369,410$0$0$9,706,862
72$17,951,849$0$0$10,647,461
73$19,692,950$0$0$11,682,443
74$21,608,808$0$0$12,821,384
75$23,717,160$0$0$14,074,838
76$26,037,547$0$0$15,454,433
77$28,591,503$0$0$16,972,981
78$31,402,754$0$0$18,644,601
79$34,497,442$0$0$20,484,847
80$37,904,374$0$0$22,510,862
81$41,655,291$0$0$24,741,531
82$45,785,169$0$0$27,197,668
83$50,332,547$0$0$29,902,204
84$55,339,892$0$0$32,880,410
85$60,853,999$0$0$36,160,131
86$66,926,432$0$0$39,772,049
87$73,614,012$0$0$43,749,976
88$80,979,348$0$0$48,131,169
89$89,091,436$0$0$52,956,682
90$98,026,300$0$0$58,271,755
91$107,867,718$0$0$64,126,242
92$118,708,006$0$0$70,575,075
93$130,648,894$0$0$77,678,789
94$143,802,482$0$0$85,504,092
95$158,292,299$0$0$94,124,491
96$174,254,469$0$0$103,620,988
97$191,838,996$0$0$114,082,846
98$211,211,178$0$0$125,608,428
99$232,553,167$0$0$138,306,126
100$256,065,690$0$0$152,295,388