Can I retire at age 30 with 573,000?

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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$47,318$46,896$46,485$46,084$45,692$43,948
2 years$23,425$22,988$22,566$22,156$21,758$20,022
3 years$15,461$15,023$14,601$14,195$13,804$12,130
4 years$11,480$11,044$10,626$10,227$9,845$8,246
5 years$9,093$8,658$8,246$7,855$7,484$5,964
6 years$7,501$7,070$6,664$6,282$5,922$4,482
7 years$6,365$5,938$5,538$5,165$4,816$3,456
8 years$5,513$5,090$4,697$4,333$3,995$2,713
9 years$4,851$4,431$4,045$3,690$3,365$2,159
10 years$4,321$3,906$3,527$3,181$2,867$1,735
11 years$3,888$3,477$3,105$2,769$2,466$1,406
12 years$3,528$3,121$2,755$2,428$2,137$1,146
13 years$3,223$2,821$2,462$2,144$1,863$938
14 years$2,962$2,564$2,212$1,903$1,633$771
15 years$2,736$2,342$1,997$1,697$1,438$636
16 years$2,539$2,149$1,811$1,520$1,271$526
17 years$2,364$1,979$1,648$1,365$1,127$436
18 years$2,210$1,829$1,504$1,231$1,002$362
19 years$2,072$1,695$1,377$1,112$893$301
20 years$1,947$1,575$1,264$1,007$798$250
21 years$1,835$1,467$1,162$914$714$208
22 years$1,733$1,369$1,071$831$640$174
23 years$1,640$1,281$989$757$574$145
24 years$1,555$1,200$915$690$516$121
25 years$1,477$1,126$847$630$465$101
26 years$1,405$1,058$786$576$418$84
27 years$1,339$996$730$528$377$70
28 years$1,277$939$678$483$340$59
29 years$1,220$885$631$443$307$49
30 years$1,166$836$588$407$278$41
31 years$1,117$790$548$374$251$34
32 years$1,070$748$511$343$227$29
33 years$1,026$708$478$316$206$24
34 years$985$671$446$291$186$20
35 years$946$637$417$267$169$17
36 years$910$604$390$246$153$14
37 years$876$574$365$227$138$12
38 years$843$545$342$209$126$10
39 years$813$519$320$193$114$8
40 years$783$494$300$178$103$7
41 years$756$470$282$164$94$6
42 years$730$447$264$151$85$5
43 years$705$426$248$140$77$4
44 years$681$406$233$129$70$3
45 years$658$387$219$119$64$3
46 years$637$370$205$110$58$2
47 years$616$353$193$102$52$2
48 years$596$337$181$94$48$2
49 years$577$322$170$87$43$1
50 years$559$307$160$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $573,000, adding $3,658 every year, while hoping to spend $21,141 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: 77/17/6 Blend
29$573,000$573,000$573,000$573,000
30$635,219$604,850$595,969$683,493
31$677,518$611,994$593,440$722,836
32$723,422$618,779$590,118$762,855
33$773,278$625,166$585,953$806,105
34$827,465$631,112$580,896$852,899
35$886,402$636,572$574,891$903,579
36$950,548$641,497$567,883$958,525
37$1,020,409$645,836$559,812$1,018,152
38$1,096,543$649,534$550,618$1,082,920
39$1,179,562$652,533$540,236$1,153,334
40$1,270,141$654,771$528,597$1,229,952
41$1,369,023$656,181$515,632$1,313,388
42$1,477,024$656,695$501,267$1,404,318
43$1,595,044$656,237$485,423$1,503,487
44$1,724,075$654,729$468,021$1,611,718
45$1,865,206$652,087$448,975$1,729,916
46$2,019,639$648,221$428,198$1,859,078
47$2,188,696$643,037$405,596$2,000,304
48$2,373,833$636,436$381,074$2,154,805
49$2,576,653$628,310$354,529$2,323,918
50$2,798,923$618,549$325,857$2,509,114
51$3,042,587$607,031$294,947$2,712,016
52$3,309,787$593,632$261,684$2,934,410
53$3,602,882$578,217$225,947$3,178,270
54$3,924,472$560,645$187,612$3,445,765
55$4,277,417$540,766$146,546$3,739,290
56$4,664,871$518,422$102,613$4,061,484
57$5,090,308$493,444$55,670$4,415,255
58$5,557,551$465,655$5,568$4,803,809
59$6,070,817$434,867$0$5,230,678
60$6,634,747$400,883$0$5,702,823
61$7,254,456$363,491$0$6,222,050
62$7,935,579$322,471$0$6,792,743
63$8,684,324$277,587$0$7,420,129
64$9,507,528$228,592$0$8,109,965
65$10,412,728$175,225$0$8,868,599
66$11,408,224$117,209$0$9,703,026
67$12,503,163$54,253$0$10,620,955
68$13,707,622$0$0$11,630,882
69$15,032,703$0$0$12,744,779
70$16,490,640$0$0$13,981,548
71$18,094,912$0$0$15,342,477
72$19,860,369$0$0$16,840,167
73$21,803,376$0$0$18,488,503
74$23,941,963$0$0$20,302,785
75$26,295,997$0$0$22,299,870
76$28,887,369$0$0$24,498,333
77$31,740,201$0$0$26,918,641
78$34,881,070$0$0$29,583,347
79$38,339,264$0$0$32,517,302
80$42,147,054$0$0$35,747,889
81$46,340,000$0$0$39,305,280
82$50,957,285$0$0$43,222,726
83$56,042,088$0$0$47,536,863
84$61,641,986$0$0$52,288,062
85$67,809,408$0$0$57,520,810
86$74,602,124$0$0$63,284,129
87$82,083,797$0$0$69,632,037
88$90,324,576$0$0$76,624,058
89$99,401,764$0$0$84,325,787
90$109,400,544$0$0$92,809,503
91$120,414,783$0$0$102,154,856
92$132,547,918$0$0$112,449,617
93$145,913,935$0$0$123,790,505
94$160,638,439$0$0$136,284,102
95$176,859,842$0$0$150,047,854
96$194,730,672$0$0$165,211,186
97$214,419,006$0$0$181,916,720
98$236,110,064$0$0$200,321,619
99$260,007,949$0$0$220,599,073
100$286,337,580$0$0$242,939,934