Can I retire at age 30 with 565,000?

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 $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%11.3%
1 years$46,657$46,242$45,836$45,440$45,054$44,808
2 years$23,098$22,667$22,251$21,846$21,454$21,206
3 years$15,245$14,813$14,398$13,997$13,611$13,368
4 years$11,320$10,889$10,478$10,084$9,708$9,472
5 years$8,966$8,537$8,131$7,746$7,380$7,152
6 years$7,396$6,971$6,571$6,194$5,839$5,620
7 years$6,276$5,855$5,461$5,093$4,749$4,538
8 years$5,436$5,018$4,631$4,272$3,940$3,737
9 years$4,783$4,370$3,989$3,639$3,318$3,124
10 years$4,261$3,852$3,477$3,137$2,827$2,641
11 years$3,834$3,429$3,062$2,730$2,431$2,254
12 years$3,479$3,077$2,717$2,394$2,107$1,937
13 years$3,178$2,781$2,427$2,114$1,837$1,675
14 years$2,921$2,528$2,181$1,877$1,611$1,456
15 years$2,698$2,309$1,969$1,674$1,418$1,271
16 years$2,503$2,119$1,785$1,498$1,253$1,114
17 years$2,331$1,951$1,625$1,346$1,111$979
18 years$2,179$1,803$1,483$1,213$988$863
19 years$2,043$1,671$1,358$1,096$881$762
20 years$1,920$1,553$1,246$993$787$674
21 years$1,810$1,446$1,146$901$704$598
22 years$1,709$1,350$1,056$819$631$531
23 years$1,618$1,263$975$746$566$472
24 years$1,534$1,183$902$681$509$420
25 years$1,457$1,110$835$622$458$374
26 years$1,386$1,044$775$568$413$334
27 years$1,320$982$719$520$372$298
28 years$1,259$925$669$477$336$266
29 years$1,203$873$622$437$303$238
30 years$1,150$824$580$401$274$213
31 years$1,101$779$541$368$248$190
32 years$1,055$737$504$339$224$170
33 years$1,012$698$471$311$203$152
34 years$971$662$440$286$184$137
35 years$933$628$411$264$166$122
36 years$897$596$385$243$151$110
37 years$863$566$360$224$137$98
38 years$831$538$337$206$124$88
39 years$801$511$316$190$112$79
40 years$772$487$296$175$102$71
41 years$745$463$278$162$92$64
42 years$719$441$261$149$84$57
43 years$695$420$244$138$76$51
44 years$671$401$229$127$69$46
45 years$649$382$215$118$63$41
46 years$628$364$202$109$57$37
47 years$607$348$190$100$52$33
48 years$588$332$179$93$47$30
49 years$569$317$168$86$43$27
50 years$552$303$158$79$39$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $565,000, adding $5,075 every year, while hoping to spend $37,383 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: 55/26/19 Blend
29$565,000$565,000$565,000$565,000
30$627,865$597,920$589,162$658,923
31$652,132$587,443$569,124$670,224
32$677,621$575,199$547,162$678,115
33$704,418$561,064$523,171$685,887
34$732,615$544,902$497,044$693,539
35$762,313$526,573$468,666$701,072
36$793,622$505,928$437,919$708,486
37$826,661$482,809$404,679$715,788
38$861,561$457,047$368,816$722,986
39$898,464$428,466$330,196$730,092
40$937,526$396,879$288,675$737,119
41$978,915$362,088$244,108$744,090
42$1,022,818$323,884$196,339$751,028
43$1,069,436$282,045$145,207$757,964
44$1,118,992$236,339$90,545$764,937
45$1,171,727$186,517$32,176$771,991
46$1,227,908$132,320$0$779,180
47$1,287,823$73,473$0$792,673
48$1,351,792$9,684$0$813,797
49$1,420,163$0$0$836,151
50$1,493,318$0$0$876,857
51$1,571,676$0$0$923,460
52$1,655,697$0$0$973,468
53$1,745,886$0$0$1,027,184
54$1,842,794$0$0$1,084,944
55$1,947,030$0$0$1,147,114
56$2,059,261$0$0$1,214,099
57$2,180,219$0$0$1,286,340
58$2,310,709$0$0$1,364,324
59$2,451,614$0$0$1,448,586
60$2,603,905$0$0$1,539,714
61$2,768,650$0$0$1,638,353
62$2,947,022$0$0$1,745,213
63$3,140,312$0$0$1,861,075
64$3,349,936$0$0$1,986,797
65$3,577,456$0$0$2,123,323
66$3,824,586$0$0$2,271,692
67$4,093,214$0$0$2,433,046
68$4,385,415$0$0$2,608,642
69$4,703,474$0$0$2,799,862
70$5,049,903$0$0$3,008,229
71$5,427,468$0$0$3,235,417
72$5,839,212$0$0$3,483,269
73$6,288,486$0$0$3,753,814
74$6,778,977$0$0$4,049,285
75$7,314,743$0$0$4,372,140
76$7,900,253$0$0$4,725,086
77$8,540,427$0$0$5,111,102
78$9,240,680$0$0$5,533,470
79$10,006,977$0$0$5,995,803
80$10,845,884$0$0$6,502,077
81$11,764,633$0$0$7,056,675
82$12,771,186$0$0$7,664,421
83$13,874,315$0$0$8,330,627
84$15,083,678$0$0$9,061,146
85$16,409,913$0$0$9,862,423
86$17,864,736$0$0$10,741,557
87$19,461,053$0$0$11,706,367
88$21,213,078$0$0$12,765,468
89$23,136,471$0$0$13,928,345
90$25,248,480$0$0$15,205,451
91$27,568,103$0$0$16,608,299
92$30,116,274$0$0$18,149,572
93$32,916,048$0$0$19,843,242
94$35,992,829$0$0$21,704,703
95$39,374,601$0$0$23,750,913
96$43,092,195$0$0$26,000,554
97$47,179,576$0$0$28,474,211
98$51,674,168$0$0$31,194,562
99$56,617,200$0$0$34,186,591
100$62,054,098$0$0$37,477,828