Can I retire at age 30 with 567,000?

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 $567,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$46,822$46,405$45,998$45,601$45,213$44,373
2 years$23,179$22,748$22,329$21,924$21,530$20,687
3 years$15,299$14,866$14,449$14,047$13,660$12,839
4 years$11,360$10,928$10,515$10,120$9,742$8,951
5 years$8,997$8,568$8,160$7,773$7,406$6,647
6 years$7,423$6,996$6,594$6,216$5,860$5,133
7 years$6,298$5,875$5,480$5,111$4,766$4,072
8 years$5,455$5,036$4,647$4,287$3,954$3,292
9 years$4,800$4,385$4,003$3,652$3,330$2,700
10 years$4,276$3,865$3,490$3,148$2,837$2,239
11 years$3,848$3,441$3,072$2,740$2,440$1,873
12 years$3,491$3,088$2,727$2,403$2,114$1,578
13 years$3,189$2,791$2,436$2,121$1,844$1,337
14 years$2,931$2,537$2,189$1,883$1,616$1,137
15 years$2,708$2,318$1,976$1,679$1,423$972
16 years$2,512$2,126$1,792$1,504$1,258$833
17 years$2,340$1,958$1,630$1,351$1,115$715
18 years$2,187$1,809$1,488$1,218$992$616
19 years$2,050$1,677$1,363$1,100$884$532
20 years$1,927$1,558$1,250$996$789$460
21 years$1,816$1,452$1,150$904$706$398
22 years$1,715$1,355$1,060$822$633$345
23 years$1,623$1,267$979$749$568$299
24 years$1,539$1,187$905$683$511$260
25 years$1,462$1,114$838$624$460$226
26 years$1,391$1,047$778$570$414$196
27 years$1,325$986$722$522$373$171
28 years$1,264$929$671$478$337$149
29 years$1,207$876$625$439$304$129
30 years$1,154$827$582$403$275$113
31 years$1,105$782$542$370$249$98
32 years$1,059$740$506$340$225$86
33 years$1,015$701$473$312$203$75
34 years$975$664$442$287$184$65
35 years$937$630$413$265$167$57
36 years$901$598$386$244$151$50
37 years$867$568$361$225$137$43
38 years$834$540$338$207$124$38
39 years$804$513$317$191$113$33
40 years$775$488$297$176$102$29
41 years$748$465$279$162$93$25
42 years$722$443$261$150$84$22
43 years$697$422$245$138$76$19
44 years$674$402$230$128$69$17
45 years$651$383$216$118$63$15
46 years$630$366$203$109$57$13
47 years$610$349$191$101$52$11
48 years$590$333$179$93$47$10
49 years$571$318$169$86$43$8
50 years$554$304$158$79$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $567,000, adding $3,715 every year, while hoping to spend $27,057 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: 64/30/6 Blend
29$567,000$567,000$567,000$567,000
30$628,666$598,615$589,827$668,031
31$664,002$599,159$580,797$695,238
32$702,034$598,822$570,559$721,395
33$743,011$597,534$559,042$749,252
34$787,203$595,217$546,174$778,972
35$834,907$591,792$531,880$810,734
36$886,450$587,173$516,081$844,737
37$942,191$581,268$498,693$881,201
38$1,002,526$573,981$479,631$920,368
39$1,067,888$565,211$458,803$962,508
40$1,138,756$554,849$436,115$1,007,916
41$1,215,652$542,780$411,469$1,056,922
42$1,299,156$528,883$384,760$1,109,887
43$1,389,901$513,030$355,881$1,167,213
44$1,488,587$495,084$324,719$1,229,342
45$1,595,981$474,902$291,155$1,296,764
46$1,712,930$452,331$255,068$1,370,019
47$1,840,364$427,210$216,327$1,449,706
48$1,979,306$399,368$174,799$1,536,485
49$2,130,884$368,626$130,344$1,631,084
50$2,296,338$334,793$82,815$1,734,311
51$2,477,034$297,667$32,058$1,847,055
52$2,674,475$257,036$0$1,970,301
53$2,890,315$212,675$0$2,106,548
54$3,126,377$164,345$0$2,257,864
55$3,384,666$111,797$0$2,423,531
56$3,667,392$54,765$0$2,605,022
57$3,976,987$0$0$2,803,965
58$4,316,130$0$0$3,024,478
59$4,687,770$0$0$3,285,971
60$5,095,156$0$0$3,572,656
61$5,541,867$0$0$3,887,055
62$6,031,843$0$0$4,231,947
63$6,569,424$0$0$4,610,394
64$7,159,393$0$0$5,025,766
65$7,807,014$0$0$5,481,776
66$8,518,090$0$0$5,982,517
67$9,299,011$0$0$6,532,493
68$10,156,815$0$0$7,136,669
69$11,099,259$0$0$7,800,514
70$12,134,886$0$0$8,530,052
71$13,273,107$0$0$9,331,921
72$14,524,290$0$0$10,213,432
73$15,899,861$0$0$11,182,641
74$17,412,403$0$0$12,248,424
75$19,075,784$0$0$13,420,558
76$20,905,280$0$0$14,709,819
77$22,917,723$0$0$16,128,076
78$25,131,658$0$0$17,688,407
79$27,567,519$0$0$19,405,223
80$30,247,820$0$0$21,294,402
81$33,197,367$0$0$23,373,436
82$36,443,491$0$0$25,661,603
83$40,016,310$0$0$28,180,141
84$43,949,008$0$0$30,952,453
85$48,278,148$0$0$34,004,326
86$53,044,021$0$0$37,364,174
87$58,291,019$0$0$41,063,306
88$64,068,062$0$0$45,136,221
89$70,429,051$0$0$49,620,933
90$77,433,381$0$0$54,559,332
91$85,146,500$0$0$59,997,575
92$93,640,527$0$0$65,986,525
93$102,994,932$0$0$72,582,227
94$113,297,282$0$0$79,846,440
95$124,644,074$0$0$87,847,219
96$137,141,638$0$0$96,659,556
97$150,907,145$0$0$106,366,086
98$166,069,711$0$0$117,057,872
99$182,771,616$0$0$128,835,256
100$201,169,643$0$0$141,808,814