Can I retire at age 30 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$47,070$46,651$46,242$45,842$45,453$43,892
2 years$23,302$22,868$22,447$22,040$21,644$20,088
3 years$15,380$14,945$14,525$14,121$13,732$12,229
4 years$11,420$10,986$10,570$10,173$9,794$8,355
5 years$9,045$8,613$8,203$7,814$7,445$6,075
6 years$7,462$7,033$6,629$6,249$5,891$4,590
7 years$6,331$5,906$5,509$5,138$4,791$3,560
8 years$5,484$5,063$4,672$4,310$3,975$2,811
9 years$4,825$4,408$4,024$3,671$3,347$2,251
10 years$4,299$3,886$3,508$3,164$2,852$1,821
11 years$3,868$3,459$3,089$2,754$2,453$1,484
12 years$3,510$3,105$2,741$2,416$2,126$1,218
13 years$3,206$2,806$2,449$2,133$1,853$1,004
14 years$2,947$2,550$2,200$1,893$1,625$831
15 years$2,722$2,330$1,987$1,688$1,431$691
16 years$2,525$2,138$1,801$1,512$1,264$575
17 years$2,352$1,969$1,639$1,358$1,121$480
18 years$2,198$1,819$1,496$1,224$997$401
19 years$2,061$1,686$1,370$1,106$888$336
20 years$1,937$1,567$1,257$1,002$794$282
21 years$1,826$1,459$1,156$909$710$237
22 years$1,724$1,362$1,066$827$637$199
23 years$1,632$1,274$984$753$571$167
24 years$1,547$1,194$910$687$514$141
25 years$1,470$1,120$843$627$462$118
26 years$1,398$1,053$782$573$416$100
27 years$1,332$991$726$525$375$84
28 years$1,270$934$675$481$339$71
29 years$1,213$881$628$441$306$60
30 years$1,160$832$585$405$276$50
31 years$1,111$786$545$372$250$42
32 years$1,064$744$509$342$226$36
33 years$1,021$705$475$314$205$30
34 years$980$668$444$289$185$25
35 years$942$633$415$266$168$21
36 years$905$601$388$245$152$18
37 years$871$571$363$226$138$15
38 years$839$543$340$208$125$13
39 years$808$516$319$192$113$11
40 years$779$491$299$177$103$9
41 years$752$467$280$163$93$8
42 years$726$445$263$151$85$7
43 years$701$424$247$139$77$5
44 years$677$404$231$128$70$5
45 years$655$385$217$119$63$4
46 years$633$368$204$110$57$3
47 years$613$351$192$101$52$3
48 years$593$335$180$94$47$2
49 years$574$320$169$86$43$2
50 years$557$306$159$80$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $570,000, adding $3,773 every year, while hoping to spend $24,715 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: 61/33/6 Blend
29$570,000$570,000$570,000$570,000
30$632,032$601,822$592,987$669,655
31$670,203$605,015$586,555$698,448
32$711,438$607,535$579,080$726,643
33$756,026$609,325$570,500$756,772
34$804,280$610,321$560,751$789,020
35$856,546$610,457$549,766$823,594
36$913,206$609,662$537,476$860,720
37$974,679$607,861$523,806$900,650
38$1,041,423$604,973$508,681$943,659
39$1,113,947$600,915$492,020$990,056
40$1,192,806$595,597$473,740$1,040,177
41$1,278,614$588,923$453,752$1,094,397
42$1,372,044$580,792$431,964$1,153,128
43$1,473,840$571,098$408,282$1,216,826
44$1,584,816$559,726$382,604$1,285,995
45$1,705,873$546,558$354,827$1,361,191
46$1,837,999$531,466$324,841$1,443,027
47$1,982,282$514,316$292,530$1,532,183
48$2,139,922$494,965$257,777$1,629,407
49$2,312,238$473,261$220,456$1,735,527
50$2,500,682$449,047$180,438$1,851,455
51$2,706,854$422,154$137,585$1,978,202
52$2,932,516$392,402$91,757$2,116,879
53$3,179,607$359,603$42,805$2,268,716
54$3,450,261$323,559$0$2,435,071
55$3,746,833$284,057$0$2,618,046
56$4,071,910$240,877$0$2,821,654
57$4,428,347$193,782$0$3,044,988
58$4,819,286$142,525$0$3,290,075
59$5,248,186$86,841$0$3,559,150
60$5,718,860$26,456$0$3,854,679
61$6,235,507$0$0$4,179,384
62$6,802,751$0$0$4,550,402
63$7,425,688$0$0$4,968,442
64$8,109,930$0$0$5,427,671
65$8,861,659$0$0$5,932,242
66$9,687,687$0$0$6,486,736
67$10,595,517$0$0$7,096,193
68$11,593,416$0$0$7,766,171
69$12,690,491$0$0$8,502,792
70$13,896,775$0$0$9,312,798
71$15,223,325$0$0$10,203,621
72$16,682,318$0$0$11,183,447
73$18,287,174$0$0$12,261,295
74$20,052,678$0$0$13,447,103
75$21,995,121$0$0$14,751,821
76$24,132,450$0$0$16,187,514
77$26,484,442$0$0$17,767,474
78$29,072,888$0$0$19,506,348
79$31,921,797$0$0$21,420,276
80$35,057,624$0$0$23,527,038
81$38,509,519$0$0$25,846,230
82$42,309,602$0$0$28,399,441
83$46,493,265$0$0$31,210,463
84$51,099,506$0$0$34,305,508
85$56,171,297$0$0$37,713,463
86$61,755,990$0$0$41,466,156
87$67,905,761$0$0$45,598,660
88$74,678,105$0$0$50,149,623
89$82,136,375$0$0$55,161,631
90$90,350,383$0$0$60,681,611
91$99,397,057$0$0$66,761,274
92$109,361,167$0$0$73,457,602
93$120,336,122$0$0$80,833,386
94$132,424,857$0$0$88,957,818
95$145,740,798$0$0$97,907,144
96$160,408,935$0$0$107,765,383
97$176,567,004$0$0$118,625,122
98$194,366,781$0$0$130,588,385
99$213,975,519$0$0$143,767,602
100$235,577,523$0$0$158,286,664