Can I retire at age 30 with 572,000?

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 $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%17%
1 years$47,235$46,814$46,404$46,003$45,612$44,312
2 years$23,384$22,948$22,526$22,117$21,720$20,420
3 years$15,434$14,997$14,576$14,171$13,780$12,521
4 years$11,460$11,024$10,608$10,209$9,828$8,620
5 years$9,077$8,643$8,232$7,842$7,471$6,317
6 years$7,488$7,058$6,653$6,271$5,912$4,813
7 years$6,354$5,927$5,528$5,156$4,808$3,764
8 years$5,503$5,081$4,688$4,325$3,989$2,999
9 years$4,842$4,424$4,038$3,684$3,359$2,423
10 years$4,314$3,899$3,521$3,176$2,862$1,979
11 years$3,882$3,471$3,099$2,764$2,461$1,629
12 years$3,522$3,116$2,751$2,424$2,133$1,350
13 years$3,218$2,816$2,458$2,140$1,860$1,125
14 years$2,957$2,559$2,208$1,900$1,630$941
15 years$2,731$2,338$1,994$1,694$1,436$790
16 years$2,534$2,145$1,808$1,517$1,269$665
17 years$2,360$1,976$1,645$1,363$1,125$561
18 years$2,206$1,825$1,501$1,228$1,000$474
19 years$2,068$1,692$1,375$1,110$892$402
20 years$1,944$1,572$1,261$1,005$796$341
21 years$1,832$1,464$1,160$912$713$289
22 years$1,730$1,367$1,069$830$639$246
23 years$1,638$1,278$987$755$573$209
24 years$1,553$1,198$913$689$515$178
25 years$1,475$1,124$846$629$464$152
26 years$1,403$1,056$784$575$418$129
27 years$1,336$994$728$527$377$110
28 years$1,275$937$677$483$340$94
29 years$1,218$884$630$442$307$80
30 years$1,164$835$587$406$277$68
31 years$1,115$789$547$373$251$58
32 years$1,068$747$511$343$227$50
33 years$1,024$707$477$315$205$43
34 years$983$670$445$290$186$36
35 years$945$636$416$267$168$31
36 years$908$603$390$246$152$27
37 years$874$573$365$227$138$23
38 years$842$545$341$209$125$19
39 years$811$518$320$193$114$17
40 years$782$493$300$178$103$14
41 years$754$469$281$164$93$12
42 years$728$447$264$151$85$10
43 years$703$426$247$140$77$9
44 years$680$406$232$129$70$8
45 years$657$387$218$119$63$6
46 years$635$369$205$110$58$6
47 years$615$352$192$102$52$5
48 years$595$336$181$94$48$4
49 years$576$321$170$87$43$3
50 years$558$307$160$80$39$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $572,000, adding $3,411 every year, while hoping to spend $30,521 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: 64/25/11 Blend
29$572,000$572,000$572,000$572,000
30$633,862$603,546$594,680$672,651
31$666,042$600,646$582,128$696,082
32$700,482$596,581$568,132$717,798
33$737,379$591,261$552,613$740,746
34$776,951$584,592$535,485$765,048
35$819,436$576,474$516,660$790,834
36$865,097$566,800$496,047$818,252
37$914,221$555,457$473,549$847,463
38$967,124$542,327$449,064$878,647
39$1,024,152$527,282$422,489$912,004
40$1,085,685$510,189$393,713$947,755
41$1,152,143$490,906$362,620$986,144
42$1,223,984$469,283$329,090$1,027,443
43$1,301,715$445,162$292,999$1,071,953
44$1,385,890$418,374$254,214$1,120,006
45$1,477,119$388,744$212,599$1,171,972
46$1,576,076$356,082$168,011$1,228,257
47$1,683,496$320,191$120,301$1,289,315
48$1,800,194$280,861$69,312$1,355,645
49$1,927,061$237,871$14,881$1,427,800
50$2,065,081$190,987$0$1,506,395
51$2,215,336$139,961$0$1,597,176
52$2,379,014$84,533$0$1,698,017
53$2,557,425$24,427$0$1,808,021
54$2,752,011$0$0$1,928,126
55$2,964,356$0$0$2,070,554
56$3,196,208$0$0$2,233,440
57$3,449,487$0$0$2,411,418
58$3,726,309$0$0$2,605,980
59$4,029,005$0$0$2,818,768
60$4,360,137$0$0$3,051,591
61$4,722,530$0$0$3,306,439
62$5,119,294$0$0$3,585,504
63$5,553,852$0$0$3,891,200
64$6,029,976$0$0$4,226,187
65$6,551,817$0$0$4,593,393
66$7,123,950$0$0$4,996,041
67$7,751,411$0$0$5,437,685
68$8,439,750$0$0$5,922,235
69$9,195,076$0$0$6,454,002
70$10,024,122$0$0$7,037,732
71$10,934,301$0$0$7,678,653
72$11,933,782$0$0$8,382,524
73$13,031,562$0$0$9,155,691
74$14,237,552$0$0$10,005,142
75$15,562,671$0$0$10,938,578
76$17,018,948$0$0$11,964,482
77$18,619,636$0$0$13,092,197
78$20,379,333$0$0$14,332,021
79$22,314,125$0$0$15,695,296
80$24,441,733$0$0$17,194,520
81$26,781,682$0$0$18,843,460
82$29,355,482$0$0$20,657,289
83$32,186,835$0$0$22,652,719
84$35,301,855$0$0$24,848,168
85$38,729,313$0$0$27,263,926
86$42,500,912$0$0$29,922,350
87$46,651,583$0$0$32,848,075
88$51,219,812$0$0$36,068,244
89$56,248,009$0$0$39,612,764
90$61,782,900$0$0$43,514,591
91$67,875,975$0$0$47,810,036
92$74,583,967$0$0$52,539,110
93$81,969,390$0$0$57,745,902
94$90,101,129$0$0$63,478,992
95$99,055,087$0$0$69,791,913
96$108,914,904$0$0$76,743,650
97$119,772,742$0$0$84,399,203
98$131,730,158$0$0$92,830,195
99$144,899,060$0$0$102,115,549
100$159,402,761$0$0$112,342,235