Can I retire at age 30 with 570,000?

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 $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%19.7%
1 years$47,070$46,651$46,242$45,842$45,453$43,684
2 years$23,302$22,868$22,447$22,040$21,644$19,883
3 years$15,380$14,945$14,525$14,121$13,732$12,035
4 years$11,420$10,986$10,570$10,173$9,794$8,173
5 years$9,045$8,613$8,203$7,814$7,445$5,905
6 years$7,462$7,033$6,629$6,249$5,891$4,433
7 years$6,331$5,906$5,509$5,138$4,791$3,414
8 years$5,484$5,063$4,672$4,310$3,975$2,677
9 years$4,825$4,408$4,024$3,671$3,347$2,128
10 years$4,299$3,886$3,508$3,164$2,852$1,708
11 years$3,868$3,459$3,089$2,754$2,453$1,382
12 years$3,510$3,105$2,741$2,416$2,126$1,125
13 years$3,206$2,806$2,449$2,133$1,853$920
14 years$2,947$2,550$2,200$1,893$1,625$755
15 years$2,722$2,330$1,987$1,688$1,431$622
16 years$2,525$2,138$1,801$1,512$1,264$513
17 years$2,352$1,969$1,639$1,358$1,121$425
18 years$2,198$1,819$1,496$1,224$997$352
19 years$2,061$1,686$1,370$1,106$888$292
20 years$1,937$1,567$1,257$1,002$794$243
21 years$1,826$1,459$1,156$909$710$202
22 years$1,724$1,362$1,066$827$637$168
23 years$1,632$1,274$984$753$571$140
24 years$1,547$1,194$910$687$514$117
25 years$1,470$1,120$843$627$462$97
26 years$1,398$1,053$782$573$416$81
27 years$1,332$991$726$525$375$68
28 years$1,270$934$675$481$339$56
29 years$1,213$881$628$441$306$47
30 years$1,160$832$585$405$276$39
31 years$1,111$786$545$372$250$33
32 years$1,064$744$509$342$226$27
33 years$1,021$705$475$314$205$23
34 years$980$668$444$289$185$19
35 years$942$633$415$266$168$16
36 years$905$601$388$245$152$13
37 years$871$571$363$226$138$11
38 years$839$543$340$208$125$9
39 years$808$516$319$192$113$8
40 years$779$491$299$177$103$6
41 years$752$467$280$163$93$5
42 years$726$445$263$151$85$5
43 years$701$424$247$139$77$4
44 years$677$404$231$128$70$3
45 years$655$385$217$119$63$3
46 years$633$368$204$110$57$2
47 years$613$351$192$101$52$2
48 years$593$335$180$94$47$2
49 years$574$320$169$86$43$1
50 years$557$306$159$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $570,000, adding $5,755 every year, while hoping to spend $26,813 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: 46/41/13 Blend
29$570,000$570,000$570,000$570,000
30$634,076$603,866$595,031$660,665
31$670,223$604,927$586,436$680,749
32$709,159$605,141$576,654$699,328
33$751,138$604,438$565,618$718,890
34$796,444$602,745$553,255$739,535
35$845,384$599,983$539,492$761,377
36$898,299$596,068$524,251$784,542
37$955,562$590,911$507,450$809,169
38$1,017,583$584,420$489,003$835,416
39$1,084,814$576,494$468,822$863,456
40$1,157,751$567,028$446,813$893,483
41$1,236,939$555,910$422,879$925,712
42$1,322,979$543,021$396,918$960,384
43$1,416,531$528,238$368,823$997,765
44$1,518,321$511,426$338,483$1,038,150
45$1,629,149$492,445$305,781$1,081,870
46$1,749,895$471,147$270,597$1,129,290
47$1,881,525$447,374$232,803$1,180,816
48$2,025,106$420,961$192,267$1,236,899
49$2,181,809$391,730$148,851$1,298,039
50$2,352,926$359,497$102,409$1,364,790
51$2,539,876$324,064$52,792$1,437,769
52$2,744,224$285,225$0$1,517,658
53$2,967,693$242,758$0$1,605,235
54$3,212,177$196,433$0$1,709,133
55$3,479,764$146,003$0$1,822,974
56$3,772,754$91,211$0$1,947,812
57$4,093,678$31,783$0$2,084,812
58$4,445,322$0$0$2,235,263
59$4,830,759$0$0$2,415,286
60$5,253,368$0$0$2,628,459
61$5,716,875$0$0$2,862,330
62$6,225,380$0$0$3,118,978
63$6,783,403$0$0$3,400,692
64$7,395,920$0$0$3,709,994
65$8,068,412$0$0$4,049,661
66$8,806,919$0$0$4,422,753
67$9,618,093$0$0$4,832,641
68$10,509,263$0$0$5,283,039
69$11,488,500$0$0$5,778,038
70$12,564,699$0$0$6,322,145
71$13,747,659$0$0$6,920,326
72$15,048,172$0$0$7,578,050
73$16,478,134$0$0$8,301,346
74$18,050,645$0$0$9,096,853
75$19,780,143$0$0$9,971,889
76$21,682,531$0$0$10,934,513
77$23,775,335$0$0$11,993,608
78$26,077,863$0$0$13,158,960
79$28,611,387$0$0$14,441,351
80$31,399,349$0$0$15,852,661
81$34,467,576$0$0$17,405,981
82$37,844,524$0$0$19,115,734
83$41,561,551$0$0$20,997,814
84$45,653,206$0$0$23,069,734
85$50,157,561$0$0$25,350,788
86$55,116,562$0$0$27,862,240
87$60,576,435$0$0$30,627,519
88$66,588,110$0$0$33,672,441
89$73,207,713$0$0$37,025,454
90$80,497,084$0$0$40,717,905
91$88,524,371$0$0$44,784,335
92$97,364,663$0$0$49,262,807
93$107,100,705$0$0$54,195,263
94$117,823,676$0$0$59,627,920
95$129,634,049$0$0$65,611,708
96$142,642,540$0$0$72,202,747
97$156,971,149$0$0$79,462,879
98$172,754,318$0$0$87,460,252
99$190,140,191$0$0$96,269,959
100$209,292,019$0$0$105,974,753