Can I retire at age 30 with 574,000?

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 $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%14.1%
1 years$47,400$46,978$46,566$46,164$45,772$44,995
2 years$23,466$23,029$22,605$22,194$21,796$21,016
3 years$15,488$15,049$14,627$14,220$13,828$13,069
4 years$11,500$11,063$10,645$10,245$9,862$9,130
5 years$9,108$8,673$8,261$7,869$7,497$6,793
6 years$7,514$7,083$6,676$6,293$5,932$5,258
7 years$6,376$5,948$5,548$5,174$4,825$4,180
8 years$5,523$5,098$4,705$4,340$4,002$3,388
9 years$4,859$4,439$4,052$3,697$3,371$2,785
10 years$4,329$3,913$3,533$3,187$2,872$2,316
11 years$3,895$3,483$3,110$2,773$2,470$1,942
12 years$3,534$3,126$2,760$2,433$2,140$1,640
13 years$3,229$2,825$2,466$2,148$1,866$1,393
14 years$2,967$2,568$2,216$1,906$1,636$1,188
15 years$2,741$2,346$2,001$1,700$1,441$1,018
16 years$2,543$2,153$1,814$1,522$1,273$875
17 years$2,369$1,982$1,651$1,368$1,129$754
18 years$2,214$1,832$1,507$1,233$1,004$651
19 years$2,075$1,698$1,379$1,114$895$564
20 years$1,951$1,578$1,266$1,009$799$489
21 years$1,838$1,469$1,164$916$715$424
22 years$1,736$1,372$1,073$832$641$369
23 years$1,643$1,283$991$758$575$321
24 years$1,558$1,202$916$691$517$279
25 years$1,480$1,128$849$631$465$244
26 years$1,408$1,060$787$577$419$212
27 years$1,341$998$731$528$378$185
28 years$1,279$940$680$484$341$162
29 years$1,222$887$632$444$308$141
30 years$1,168$838$589$408$278$124
31 years$1,118$792$549$374$252$108
32 years$1,072$749$512$344$228$95
33 years$1,028$710$478$316$206$83
34 years$987$672$447$291$186$72
35 years$948$638$418$268$169$63
36 years$912$605$391$247$153$55
37 years$877$575$366$227$139$49
38 years$845$546$343$210$126$43
39 years$814$520$321$193$114$37
40 years$785$494$301$178$103$33
41 years$757$471$282$164$94$29
42 years$731$448$265$152$85$25
43 years$706$427$248$140$77$22
44 years$682$407$233$129$70$19
45 years$659$388$219$119$64$17
46 years$638$370$206$110$58$15
47 years$617$353$193$102$52$13
48 years$597$337$181$94$48$11
49 years$578$322$171$87$43$10
50 years$560$308$160$80$39$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $574,000, adding $4,432 every year, while hoping to spend $34,561 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: 30/45/25 Blend
29$574,000$574,000$574,000$574,000
30$637,120$606,698$597,801$651,201
31$665,333$599,653$581,054$655,399
32$695,266$591,105$562,589$656,560
33$727,058$580,944$542,310$657,107
34$760,859$569,052$520,119$657,009
35$796,837$555,305$495,913$656,238
36$835,174$539,575$469,585$654,764
37$876,068$521,720$441,023$652,558
38$919,738$501,596$410,108$649,594
39$966,423$479,046$376,719$645,844
40$1,016,386$453,907$340,727$641,286
41$1,069,914$426,004$301,997$635,897
42$1,127,322$395,155$260,391$629,660
43$1,188,956$361,165$215,761$622,560
44$1,255,196$323,829$167,956$614,585
45$1,326,459$282,930$116,816$605,731
46$1,403,203$238,239$62,174$595,997
47$1,485,931$189,513$3,858$585,391
48$1,575,194$136,497$0$573,927
49$1,671,599$78,921$0$577,203
50$1,775,813$16,499$0$581,790
51$1,888,569$0$0$586,760
52$2,010,673$0$0$617,515
53$2,143,009$0$0$659,778
54$2,286,551$0$0$705,699
55$2,442,372$0$0$755,631
56$2,611,647$0$0$809,961
57$2,795,673$0$0$869,117
58$2,995,876$0$0$933,567
59$3,213,823$0$0$1,003,829
60$3,451,241$0$0$1,080,471
61$3,710,028$0$0$1,164,120
62$3,992,273$0$0$1,255,465
63$4,300,279$0$0$1,355,263
64$4,636,576$0$0$1,464,351
65$5,003,951$0$0$1,583,648
66$5,405,475$0$0$1,714,166
67$5,844,523$0$0$1,857,019
68$6,324,817$0$0$2,013,436
69$6,850,452$0$0$2,184,768
70$7,425,937$0$0$2,372,504
71$8,056,240$0$0$2,578,283
72$8,746,828$0$0$2,803,910
73$9,503,724$0$0$3,051,375
74$10,333,563$0$0$3,322,867
75$11,243,650$0$0$3,620,800
76$12,242,032$0$0$3,947,830
77$13,337,572$0$0$4,306,884
78$14,540,033$0$0$4,701,189
79$15,860,168$0$0$5,134,295
80$17,309,825$0$0$5,610,115
81$18,902,052$0$0$6,132,961
82$20,651,225$0$0$6,707,582
83$22,573,181$0$0$7,339,210
84$24,685,365$0$0$8,033,608
85$27,006,998$0$0$8,797,127
86$29,559,255$0$0$9,636,765
87$32,365,464$0$0$10,560,229
88$35,451,329$0$0$11,576,012
89$38,845,167$0$0$12,693,473
90$42,578,176$0$0$13,922,920
91$46,684,733$0$0$15,275,715
92$51,202,712$0$0$16,764,374
93$56,173,843$0$0$18,402,688
94$61,644,105$0$0$20,205,852
95$67,664,161$0$0$22,190,612
96$74,289,832$0$0$24,375,415
97$81,582,625$0$0$26,780,591
98$89,610,312$0$0$29,428,540
99$98,447,571$0$0$32,343,944
100$108,176,686$0$0$35,554,000