Can I retire at age 30 with 574,000?

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 $574,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$47,400$46,978$46,566$46,164$45,772$45,560
2 years$23,466$23,029$22,605$22,194$21,796$21,582
3 years$15,488$15,049$14,627$14,220$13,828$13,619
4 years$11,500$11,063$10,645$10,245$9,862$9,659
5 years$9,108$8,673$8,261$7,869$7,497$7,301
6 years$7,514$7,083$6,676$6,293$5,932$5,743
7 years$6,376$5,948$5,548$5,174$4,825$4,643
8 years$5,523$5,098$4,705$4,340$4,002$3,828
9 years$4,859$4,439$4,052$3,697$3,371$3,203
10 years$4,329$3,913$3,533$3,187$2,872$2,711
11 years$3,895$3,483$3,110$2,773$2,470$2,316
12 years$3,534$3,126$2,760$2,433$2,140$1,994
13 years$3,229$2,825$2,466$2,148$1,866$1,727
14 years$2,967$2,568$2,216$1,906$1,636$1,503
15 years$2,741$2,346$2,001$1,700$1,441$1,314
16 years$2,543$2,153$1,814$1,522$1,273$1,152
17 years$2,369$1,982$1,651$1,368$1,129$1,014
18 years$2,214$1,832$1,507$1,233$1,004$895
19 years$2,075$1,698$1,379$1,114$895$792
20 years$1,951$1,578$1,266$1,009$799$702
21 years$1,838$1,469$1,164$916$715$623
22 years$1,736$1,372$1,073$832$641$554
23 years$1,643$1,283$991$758$575$493
24 years$1,558$1,202$916$691$517$439
25 years$1,480$1,128$849$631$465$392
26 years$1,408$1,060$787$577$419$350
27 years$1,341$998$731$528$378$313
28 years$1,279$940$680$484$341$280
29 years$1,222$887$632$444$308$251
30 years$1,168$838$589$408$278$225
31 years$1,118$792$549$374$252$201
32 years$1,072$749$512$344$228$180
33 years$1,028$710$478$316$206$162
34 years$987$672$447$291$186$145
35 years$948$638$418$268$169$130
36 years$912$605$391$247$153$117
37 years$877$575$366$227$139$105
38 years$845$546$343$210$126$94
39 years$814$520$321$193$114$85
40 years$785$494$301$178$103$76
41 years$757$471$282$164$94$68
42 years$731$448$265$152$85$62
43 years$706$427$248$140$77$55
44 years$682$407$233$129$70$50
45 years$659$388$219$119$64$45
46 years$638$370$206$110$58$40
47 years$617$353$193$102$52$36
48 years$597$337$181$94$48$33
49 years$578$322$171$87$43$29
50 years$560$308$160$80$39$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $574,000, adding $2,937 every year, while hoping to spend $44,213 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: 55/28/17 Blend
29$574,000$574,000$574,000$574,000
30$635,578$605,156$596,259$667,501
31$653,364$587,766$569,191$672,199
32$671,483$568,042$539,735$672,324
33$689,922$545,824$507,763$671,472
34$708,665$520,940$473,144$669,560
35$727,693$493,210$435,739$666,499
36$746,984$462,444$395,403$662,195
37$766,513$428,441$351,985$656,546
38$786,249$390,986$305,328$649,444
39$806,157$349,854$255,267$640,773
40$826,196$304,809$201,630$630,407
41$846,320$255,597$144,237$618,214
42$866,477$201,952$82,900$604,051
43$886,605$143,595$17,425$587,764
44$906,636$80,229$0$569,188
45$926,492$11,540$0$557,662
46$946,087$0$0$547,473
47$965,320$0$0$554,645
48$984,082$0$0$565,058
49$1,002,246$0$0$575,078
50$1,019,674$0$0$584,621
51$1,036,208$0$0$593,590
52$1,051,673$0$0$601,878
53$1,065,873$0$0$609,365
54$1,078,590$0$0$615,918
55$1,089,580$0$0$621,388
56$1,098,571$0$0$625,609
57$1,105,263$0$0$628,397
58$1,109,317$0$0$629,547
59$1,110,362$0$0$628,832
60$1,107,982$0$0$625,999
61$1,101,717$0$0$620,767
62$1,091,055$0$0$612,825
63$1,075,431$0$0$601,828
64$1,054,215$0$0$587,394
65$1,026,711$0$0$569,100
66$992,148$0$0$546,476
67$949,672$0$0$519,003
68$898,338$0$0$486,106
69$837,100$0$0$447,151
70$764,799$0$0$401,433
71$680,158$0$0$348,175
72$581,759$0$0$286,517
73$468,038$0$0$215,510
74$337,267$0$0$134,102
75$187,534$0$0$41,134
76$16,728$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0