Can I retire at age 30 with 576,000?

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 $576,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$47,566$47,142$46,728$46,325$45,931$44,514
2 years$23,547$23,109$22,684$22,272$21,872$20,457
3 years$15,542$15,102$14,678$14,270$13,876$12,508
4 years$11,541$11,101$10,682$10,280$9,897$8,585
5 years$9,140$8,704$8,289$7,896$7,523$6,271
6 years$7,540$7,107$6,699$6,315$5,953$4,762
7 years$6,398$5,969$5,567$5,192$4,841$3,712
8 years$5,542$5,116$4,721$4,355$4,016$2,947
9 years$4,876$4,455$4,066$3,710$3,382$2,373
10 years$4,344$3,926$3,545$3,198$2,882$1,930
11 years$3,909$3,496$3,121$2,783$2,479$1,583
12 years$3,546$3,137$2,770$2,441$2,148$1,306
13 years$3,240$2,835$2,475$2,155$1,873$1,084
14 years$2,978$2,577$2,224$1,913$1,642$903
15 years$2,750$2,354$2,008$1,706$1,446$755
16 years$2,552$2,160$1,820$1,528$1,278$633
17 years$2,377$1,989$1,656$1,373$1,133$532
18 years$2,221$1,838$1,512$1,237$1,007$448
19 years$2,083$1,704$1,384$1,118$898$377
20 years$1,958$1,583$1,270$1,012$802$319
21 years$1,845$1,475$1,168$919$718$269
22 years$1,742$1,376$1,077$835$643$228
23 years$1,649$1,287$994$761$577$193
24 years$1,564$1,206$920$694$519$163
25 years$1,485$1,132$852$634$467$138
26 years$1,413$1,064$790$579$421$117
27 years$1,346$1,001$734$530$379$100
28 years$1,284$943$682$486$342$85
29 years$1,226$890$635$446$309$72
30 years$1,172$841$591$409$279$61
31 years$1,122$795$551$376$252$52
32 years$1,075$752$514$345$228$44
33 years$1,032$712$480$317$207$37
34 years$990$675$449$292$187$32
35 years$951$640$419$269$169$27
36 years$915$608$392$248$154$23
37 years$880$577$367$228$139$19
38 years$848$548$344$210$126$17
39 years$817$521$322$194$114$14
40 years$787$496$302$179$104$12
41 years$760$472$283$165$94$10
42 years$733$450$266$152$85$9
43 years$708$429$249$141$78$7
44 years$684$408$234$130$70$6
45 years$662$390$220$120$64$5
46 years$640$372$206$111$58$5
47 years$619$355$194$102$53$4
48 years$599$339$182$95$48$3
49 years$580$323$171$87$43$3
50 years$562$309$161$81$39$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $576,000, adding $3,846 every year, while hoping to spend $50,365 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: 59/30/11 Blend
29$576,000$576,000$576,000$576,000
30$638,719$608,191$599,263$674,496
31$650,281$584,405$565,750$675,239
32$661,333$557,764$529,427$670,045
33$671,772$528,078$490,146$663,161
34$681,479$495,140$447,752$654,428
35$690,325$458,736$402,086$643,677
36$698,161$418,638$352,979$630,720
37$704,825$374,603$300,256$615,357
38$710,136$326,377$243,734$597,367
39$713,891$273,691$183,220$576,514
40$715,866$216,260$118,516$552,538
41$715,811$153,783$49,413$525,160
42$713,449$85,943$0$494,075
43$708,471$12,405$0$461,807
44$700,536$0$0$431,515
45$689,266$0$0$419,208
46$674,241$0$0$408,527
47$654,994$0$0$395,074
48$631,013$0$0$378,511
49$601,725$0$0$358,468
50$566,499$0$0$334,533
51$524,638$0$0$306,252
52$475,368$0$0$273,119
53$417,835$0$0$234,580
54$351,094$0$0$190,018
55$274,100$0$0$138,753
56$185,700$0$0$80,034
57$84,618$0$0$13,030
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$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