Can I retire at age 30 with 578,000?

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 $578,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$47,731$47,306$46,891$46,486$46,091$44,777
2 years$23,629$23,189$22,762$22,349$21,948$20,634
3 years$15,596$15,154$14,729$14,319$13,925$12,653
4 years$11,581$11,140$10,719$10,316$9,931$8,711
5 years$9,172$8,734$8,318$7,924$7,550$6,384
6 years$7,567$7,132$6,722$6,337$5,974$4,863
7 years$6,420$5,989$5,586$5,210$4,858$3,804
8 years$5,561$5,134$4,738$4,370$4,030$3,031
9 years$4,893$4,470$4,081$3,723$3,394$2,449
10 years$4,359$3,940$3,558$3,209$2,892$2,000
11 years$3,922$3,508$3,132$2,793$2,487$1,646
12 years$3,559$3,148$2,780$2,450$2,155$1,364
13 years$3,251$2,845$2,483$2,163$1,880$1,136
14 years$2,988$2,586$2,231$1,920$1,648$951
15 years$2,760$2,362$2,015$1,712$1,451$798
16 years$2,561$2,168$1,826$1,533$1,282$672
17 years$2,385$1,996$1,662$1,377$1,137$567
18 years$2,229$1,845$1,517$1,241$1,011$479
19 years$2,090$1,710$1,389$1,122$901$406
20 years$1,964$1,589$1,275$1,016$805$344
21 years$1,851$1,480$1,172$922$720$292
22 years$1,748$1,381$1,081$838$646$249
23 years$1,655$1,292$998$763$579$211
24 years$1,569$1,210$923$696$521$180
25 years$1,490$1,136$855$636$469$153
26 years$1,418$1,068$793$581$422$131
27 years$1,350$1,005$736$532$381$111
28 years$1,288$947$684$488$343$95
29 years$1,230$893$637$447$310$81
30 years$1,177$843$593$410$280$69
31 years$1,126$797$553$377$253$59
32 years$1,079$754$516$346$229$50
33 years$1,035$714$482$319$207$43
34 years$994$677$450$293$188$37
35 years$955$642$421$270$170$31
36 years$918$610$394$248$154$27
37 years$883$579$368$229$140$23
38 years$851$550$345$211$127$20
39 years$820$523$323$195$115$17
40 years$790$498$303$179$104$14
41 years$762$474$284$166$94$12
42 years$736$451$266$153$86$10
43 years$711$430$250$141$78$9
44 years$687$410$235$130$71$8
45 years$664$391$220$120$64$7
46 years$642$373$207$111$58$6
47 years$621$356$194$103$53$5
48 years$601$340$183$95$48$4
49 years$583$324$172$88$44$3
50 years$564$310$162$81$40$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $578,000, adding $3,016 every year, while hoping to spend $36,369 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: 59/21/20 Blend
29$578,000$578,000$578,000$578,000
30$640,067$609,433$600,474$674,289
31$666,658$600,599$581,894$689,017
32$694,741$590,113$561,472$700,839
33$724,432$577,856$539,108$712,918
34$755,855$563,701$514,699$725,285
35$789,145$547,515$488,134$737,976
36$824,450$529,156$459,299$751,033
37$861,934$508,474$428,075$764,504
38$901,772$485,311$394,337$778,443
39$944,159$459,498$357,954$792,912
40$989,308$430,857$318,790$807,983
41$1,037,450$399,202$276,702$823,736
42$1,088,841$364,334$231,543$840,262
43$1,143,759$326,043$183,156$857,664
44$1,202,511$284,107$131,379$876,059
45$1,265,430$238,292$76,044$895,579
46$1,332,886$188,350$16,973$916,371
47$1,405,281$134,020$0$938,602
48$1,483,059$75,026$0$972,290
49$1,566,704$11,076$0$1,012,320
50$1,656,752$0$0$1,055,344
51$1,753,786$0$0$1,115,106
52$1,858,452$0$0$1,182,365
53$1,971,456$0$0$1,255,020
54$2,093,574$0$0$1,333,575
55$2,225,661$0$0$1,418,585
56$2,368,655$0$0$1,510,659
57$2,523,588$0$0$1,610,467
58$2,691,594$0$0$1,718,746
59$2,873,920$0$0$1,836,306
60$3,071,938$0$0$1,964,038
61$3,287,158$0$0$2,102,921
62$3,521,240$0$0$2,254,035
63$3,776,011$0$0$2,418,567
64$4,053,479$0$0$2,597,821
65$4,355,857$0$0$2,793,234
66$4,685,578$0$0$3,006,388
67$5,045,322$0$0$3,239,024
68$5,438,037$0$0$3,493,057
69$5,866,969$0$0$3,770,597
70$6,335,691$0$0$4,073,965
71$6,848,137$0$0$4,405,718
72$7,408,638$0$0$4,768,670
73$8,021,962$0$0$5,165,920
74$8,693,362$0$0$5,600,882
75$9,428,618$0$0$6,077,313
76$10,234,100$0$0$6,599,352
77$11,116,819$0$0$7,171,557
78$12,084,499$0$0$7,798,947
79$13,145,646$0$0$8,487,052
80$14,309,629$0$0$9,241,960
81$15,586,766$0$0$10,070,381
82$16,988,424$0$0$10,979,700
83$18,527,124$0$0$11,978,058
84$20,216,656$0$0$13,074,419
85$22,072,213$0$0$14,278,659
86$24,110,530$0$0$15,601,656
87$26,350,045$0$0$17,055,396
88$28,811,068$0$0$18,653,083
89$31,515,975$0$0$20,409,261
90$34,489,417$0$0$22,339,957
91$37,758,553$0$0$24,462,826
92$41,353,304$0$0$26,797,320
93$45,306,636$0$0$29,364,870
94$49,654,870$0$0$32,189,087
95$54,438,022$0$0$35,295,989
96$59,700,185$0$0$38,714,238
97$65,489,936$0$0$42,475,417
98$71,860,803$0$0$46,614,325
99$78,871,762$0$0$51,169,304
100$86,587,794$0$0$56,182,601