Can I retire at age 30 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$47,235$46,814$46,404$46,003$45,612$44,600
2 years$23,384$22,948$22,526$22,117$21,720$20,706
3 years$15,434$14,997$14,576$14,171$13,780$12,795
4 years$11,460$11,024$10,608$10,209$9,828$8,880
5 years$9,077$8,643$8,232$7,842$7,471$6,563
6 years$7,488$7,058$6,653$6,271$5,912$5,044
7 years$6,354$5,927$5,528$5,156$4,808$3,981
8 years$5,503$5,081$4,688$4,325$3,989$3,202
9 years$4,842$4,424$4,038$3,684$3,359$2,612
10 years$4,314$3,899$3,521$3,176$2,862$2,154
11 years$3,882$3,471$3,099$2,764$2,461$1,792
12 years$3,522$3,116$2,751$2,424$2,133$1,500
13 years$3,218$2,816$2,458$2,140$1,860$1,263
14 years$2,957$2,559$2,208$1,900$1,630$1,068
15 years$2,731$2,338$1,994$1,694$1,436$907
16 years$2,534$2,145$1,808$1,517$1,269$772
17 years$2,360$1,976$1,645$1,363$1,125$659
18 years$2,206$1,825$1,501$1,228$1,000$564
19 years$2,068$1,692$1,375$1,110$892$484
20 years$1,944$1,572$1,261$1,005$796$415
21 years$1,832$1,464$1,160$912$713$357
22 years$1,730$1,367$1,069$830$639$307
23 years$1,638$1,278$987$755$573$265
24 years$1,553$1,198$913$689$515$228
25 years$1,475$1,124$846$629$464$197
26 years$1,403$1,056$784$575$418$170
27 years$1,336$994$728$527$377$147
28 years$1,275$937$677$483$340$127
29 years$1,218$884$630$442$307$110
30 years$1,164$835$587$406$277$95
31 years$1,115$789$547$373$251$82
32 years$1,068$747$511$343$227$71
33 years$1,024$707$477$315$205$61
34 years$983$670$445$290$186$53
35 years$945$636$416$267$168$46
36 years$908$603$390$246$152$40
37 years$874$573$365$227$138$34
38 years$842$545$341$209$125$30
39 years$811$518$320$193$114$26
40 years$782$493$300$178$103$22
41 years$754$469$281$164$93$19
42 years$728$447$264$151$85$17
43 years$703$426$247$140$77$15
44 years$680$406$232$129$70$13
45 years$657$387$218$119$63$11
46 years$635$369$205$110$58$9
47 years$615$352$192$102$52$8
48 years$595$336$181$94$48$7
49 years$576$321$170$87$43$6
50 years$558$307$160$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $572,000, adding $2,470 every year, while hoping to spend $23,673 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: 65/15/20 Blend
29$572,000$572,000$572,000$572,000
30$632,892$602,576$593,710$670,671
31$672,259$606,914$588,411$700,685
32$714,848$610,672$582,142$730,551
33$760,963$613,795$574,844$762,632
34$810,937$616,227$566,457$797,145
35$865,138$617,907$556,919$834,332
36$923,969$618,772$546,163$874,458
37$987,875$618,752$534,120$917,815
38$1,057,343$617,776$520,717$964,728
39$1,132,911$615,766$505,881$1,015,554
40$1,215,170$612,641$489,530$1,070,686
41$1,304,771$608,314$471,582$1,130,561
42$1,402,429$602,692$451,952$1,195,658
43$1,508,932$595,680$430,548$1,266,509
44$1,625,147$587,173$407,275$1,343,697
45$1,752,029$577,061$382,036$1,427,870
46$1,890,628$565,229$354,726$1,519,740
47$2,042,101$551,554$325,238$1,620,095
48$2,207,720$535,905$293,459$1,729,802
49$2,388,889$518,146$259,271$1,849,820
50$2,587,151$498,130$222,552$1,981,206
51$2,804,204$475,702$183,171$2,125,128
52$3,041,922$450,701$140,997$2,282,872
53$3,302,365$422,953$95,887$2,455,860
54$3,587,804$392,275$47,697$2,645,658
55$3,900,739$358,475$0$2,853,995
56$4,243,922$321,348$0$3,083,575
57$4,620,387$280,679$0$3,346,620
58$5,033,475$236,241$0$3,635,298
59$5,486,865$187,792$0$3,952,206
60$5,984,610$135,078$0$4,300,207
61$6,531,174$77,831$0$4,682,457
62$7,131,476$15,767$0$5,102,434
63$7,790,934$0$0$5,563,970
64$8,515,516$0$0$6,079,779
65$9,311,797$0$0$6,649,529
66$10,187,022$0$0$7,275,806
67$11,149,170$0$0$7,964,326
68$12,207,034$0$0$8,721,387
69$13,370,301$0$0$9,553,926
70$14,649,643$0$0$10,469,587
71$16,056,818$0$0$11,476,792
72$17,604,782$0$0$12,584,820
73$19,307,808$0$0$13,803,895
74$21,181,624$0$0$15,145,281
75$23,243,558$0$0$16,621,390
76$25,512,704$0$0$18,245,899
77$28,010,100$0$0$20,033,874
78$30,758,926$0$0$22,001,921
79$33,784,723$0$0$24,168,332
80$37,115,636$0$0$26,553,268
81$40,782,675$0$0$29,178,939
82$44,820,012$0$0$32,069,822
83$49,265,298$0$0$35,252,886
84$54,160,024$0$0$38,757,849
85$59,549,906$0$0$42,617,457
86$65,485,321$0$0$46,867,793
87$72,021,780$0$0$51,548,619
88$79,220,452$0$0$56,703,750
89$87,148,740$0$0$62,381,464
90$95,880,920$0$0$68,634,965
91$105,498,837$0$0$75,522,876
92$116,092,681$0$0$83,109,799
93$127,761,835$0$0$91,466,921
94$140,615,815$0$0$100,672,687
95$154,775,302$0$0$110,813,540
96$170,373,283$0$0$121,984,735
97$187,556,301$0$0$134,291,241
98$206,485,843$0$0$147,848,728
99$227,339,860$0$0$162,784,663
100$250,314,449$0$0$179,239,506