Can I retire at age 30 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$47,483$47,060$46,647$46,245$45,851$45,505
2 years$23,506$23,069$22,644$22,233$21,834$21,485
3 years$15,515$15,076$14,652$14,245$13,852$13,511
4 years$11,520$11,082$10,663$10,263$9,880$9,549
5 years$9,124$8,689$8,275$7,883$7,510$7,191
6 years$7,527$7,095$6,687$6,304$5,943$5,636
7 years$6,387$5,958$5,557$5,183$4,833$4,538
8 years$5,532$5,107$4,713$4,348$4,009$3,727
9 years$4,868$4,447$4,059$3,703$3,377$3,106
10 years$4,336$3,920$3,539$3,192$2,877$2,618
11 years$3,902$3,489$3,116$2,778$2,474$2,227
12 years$3,540$3,132$2,765$2,437$2,144$1,909
13 years$3,234$2,830$2,470$2,151$1,870$1,645
14 years$2,973$2,573$2,220$1,910$1,639$1,426
15 years$2,746$2,350$2,004$1,703$1,443$1,240
16 years$2,547$2,156$1,817$1,525$1,275$1,083
17 years$2,373$1,986$1,653$1,370$1,131$949
18 years$2,218$1,835$1,509$1,235$1,006$833
19 years$2,079$1,701$1,382$1,116$896$733
20 years$1,954$1,580$1,268$1,011$801$646
21 years$1,842$1,472$1,166$917$716$571
22 years$1,739$1,374$1,075$834$642$505
23 years$1,646$1,285$993$759$576$447
24 years$1,561$1,204$918$693$518$397
25 years$1,482$1,130$850$633$466$352
26 years$1,410$1,062$789$578$420$313
27 years$1,343$999$732$529$379$278
28 years$1,282$942$681$485$342$247
29 years$1,224$888$633$445$308$220
30 years$1,170$839$590$408$279$196
31 years$1,120$793$550$375$252$175
32 years$1,074$751$513$345$228$156
33 years$1,030$711$479$317$206$139
34 years$989$674$448$292$187$124
35 years$950$639$419$268$169$110
36 years$913$606$392$247$153$99
37 years$879$576$367$228$139$88
38 years$846$547$343$210$126$79
39 years$815$521$322$194$114$70
40 years$786$495$301$179$104$63
41 years$758$471$283$165$94$56
42 years$732$449$265$152$85$50
43 years$707$428$249$140$77$45
44 years$683$408$234$130$70$40
45 years$660$389$219$120$64$36
46 years$639$371$206$111$58$32
47 years$618$354$193$102$53$29
48 years$598$338$182$94$48$26
49 years$579$323$171$87$43$23
50 years$561$308$161$81$39$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $575,000, adding $2,919 every year, while hoping to spend $22,113 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: 65/16/19 Blend
29$575,000$575,000$575,000$575,000
30$636,661$606,186$597,273$674,824
31$678,072$612,361$593,754$706,969
32$722,966$618,097$589,376$739,289
33$771,675$623,351$584,086$774,084
34$824,564$628,073$577,831$811,595
35$882,034$632,212$570,552$852,092
36$944,527$635,716$562,191$895,870
37$1,012,528$638,526$552,685$943,254
38$1,086,573$640,581$541,967$994,604
39$1,167,250$641,816$529,969$1,050,319
40$1,255,206$642,161$516,619$1,110,835
41$1,351,154$641,544$501,843$1,176,636
42$1,455,878$639,886$485,561$1,248,255
43$1,570,241$637,104$467,691$1,326,281
44$1,695,194$633,110$448,147$1,411,364
45$1,831,783$627,812$426,839$1,504,218
46$1,981,160$621,110$403,673$1,605,635
47$2,144,593$612,899$378,551$1,716,487
48$2,323,480$603,069$351,370$1,837,733
49$2,519,356$591,501$322,023$1,970,437
50$2,733,917$578,072$290,397$2,115,767
51$2,969,028$562,648$256,376$2,275,015
52$3,226,741$545,090$219,838$2,449,604
53$3,509,320$525,251$180,653$2,641,105
54$3,819,255$502,973$138,690$2,851,251
55$4,159,292$478,091$93,809$3,081,951
56$4,532,452$450,430$45,863$3,335,314
57$4,942,065$419,804$0$3,613,663
58$5,391,799$386,017$0$3,920,637
59$5,885,693$348,863$0$4,267,979
60$6,428,198$308,121$0$4,649,533
61$7,024,217$263,562$0$5,068,771
62$7,679,151$214,940$0$5,529,522
63$8,398,949$161,998$0$6,036,003
64$9,190,168$104,461$0$6,592,864
65$10,060,028$42,043$0$7,205,230
66$11,016,487$0$0$7,878,748
67$12,068,310$0$0$8,624,144
68$13,225,156$0$0$9,452,150
69$14,497,664$0$0$10,362,986
70$15,897,561$0$0$11,365,049
71$17,437,763$0$0$12,467,590
72$19,132,502$0$0$13,680,805
73$20,997,462$0$0$15,015,926
74$23,049,921$0$0$16,485,329
75$25,308,919$0$0$18,102,652
76$27,795,434$0$0$19,882,919
77$30,532,580$0$0$21,842,688
78$33,545,830$0$0$24,000,203
79$36,863,246$0$0$26,375,565
80$40,515,755$0$0$28,990,926
81$44,537,432$0$0$31,870,692
82$48,965,827$0$0$35,041,760
83$53,842,313$0$0$38,533,764
84$59,212,482$0$0$42,379,362
85$65,126,574$0$0$46,614,538
86$71,639,948$0$0$51,278,945
87$78,813,605$0$0$56,416,278
88$86,714,766$0$0$62,074,686
89$95,417,505$0$0$68,307,226
90$105,003,444$0$0$75,172,363
91$115,562,530$0$0$82,734,526
92$127,193,877$0$0$91,064,708
93$140,006,707$0$0$100,241,144
94$154,121,376$0$0$110,350,043
95$169,670,512$0$0$121,486,406
96$186,800,266$0$0$133,754,918
97$205,671,690$0$0$147,270,940
98$226,462,260$0$0$162,161,597
99$249,367,548$0$0$178,566,975
100$274,603,068$0$0$196,641,446