Can I retire at age 30 with 515,000?

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 $515,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$42,528$42,149$41,780$41,419$41,067$39,768
2 years$21,054$20,661$20,281$19,913$19,556$18,259
3 years$13,896$13,502$13,123$12,758$12,407$11,153
4 years$10,318$9,926$9,551$9,192$8,849$7,647
5 years$8,172$7,782$7,412$7,060$6,727$5,581
6 years$6,742$6,355$5,990$5,646$5,323$4,233
7 years$5,721$5,337$4,977$4,642$4,329$3,296
8 years$4,955$4,574$4,221$3,894$3,591$2,614
9 years$4,360$3,983$3,636$3,317$3,024$2,102
10 years$3,884$3,511$3,170$2,859$2,577$1,707
11 years$3,495$3,125$2,791$2,488$2,216$1,398
12 years$3,171$2,805$2,477$2,183$1,920$1,153
13 years$2,897$2,535$2,213$1,927$1,675$955
14 years$2,662$2,304$1,988$1,710$1,468$795
15 years$2,459$2,105$1,795$1,525$1,293$663
16 years$2,282$1,931$1,627$1,366$1,142$555
17 years$2,125$1,779$1,481$1,227$1,013$466
18 years$1,986$1,644$1,352$1,106$901$391
19 years$1,862$1,523$1,238$999$803$330
20 years$1,750$1,415$1,136$905$717$278
21 years$1,649$1,318$1,045$821$642$234
22 years$1,558$1,231$963$747$575$198
23 years$1,474$1,151$889$680$516$167
24 years$1,398$1,078$822$620$464$142
25 years$1,328$1,012$762$567$418$120
26 years$1,263$951$706$518$376$101
27 years$1,203$895$656$474$339$86
28 years$1,148$844$610$434$306$73
29 years$1,096$796$567$398$276$62
30 years$1,048$752$528$366$250$52
31 years$1,004$710$493$336$226$44
32 years$962$672$460$309$204$38
33 years$922$637$429$284$185$32
34 years$885$603$401$261$167$27
35 years$851$572$375$240$152$23
36 years$818$543$351$221$137$19
37 years$787$516$328$204$124$17
38 years$758$490$307$188$113$14
39 years$730$466$288$173$102$12
40 years$704$444$270$160$93$10
41 years$679$422$253$148$84$9
42 years$656$402$237$136$76$7
43 years$633$383$223$126$69$6
44 years$612$365$209$116$63$5
45 years$592$348$196$107$57$4
46 years$572$332$184$99$52$4
47 years$554$317$173$91$47$3
48 years$536$303$163$85$43$3
49 years$519$289$153$78$39$2
50 years$503$276$144$72$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $515,000, adding $3,149 every year, while hoping to spend $29,142 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: 49/28/23 Blend
29$515,000$515,000$515,000$515,000
30$570,778$543,483$535,501$594,900
31$597,991$539,107$522,433$607,649
32$627,002$533,540$507,951$618,306
33$657,965$526,692$491,976$629,289
34$691,048$518,470$474,427$640,640
35$726,432$508,772$455,218$652,410
36$764,320$497,494$434,260$664,653
37$804,932$484,523$411,459$677,434
38$848,511$469,740$386,718$690,826
39$895,320$453,018$359,935$704,911
40$945,652$434,226$331,002$719,782
41$999,828$413,222$299,810$735,544
42$1,058,197$389,856$266,240$752,314
43$1,121,146$363,972$230,172$770,227
44$1,189,098$335,402$191,478$789,432
45$1,262,520$303,971$150,027$810,098
46$1,341,923$269,492$105,679$832,413
47$1,427,871$231,768$58,290$856,589
48$1,520,980$190,591$7,709$882,863
49$1,621,932$145,742$0$911,501
50$1,731,474$96,988$0$954,153
51$1,850,429$44,085$0$1,002,555
52$1,979,700$0$0$1,055,224
53$2,120,285$0$0$1,116,691
54$2,273,276$0$0$1,198,415
55$2,439,879$0$0$1,287,460
56$2,621,420$0$0$1,384,543
57$2,819,357$0$0$1,490,449
58$3,035,296$0$0$1,606,046
59$3,271,005$0$0$1,732,285
60$3,528,428$0$0$1,870,218
61$3,809,707$0$0$2,020,999
62$4,117,200$0$0$2,185,900
63$4,453,503$0$0$2,366,321
64$4,821,474$0$0$2,563,806
65$5,224,260$0$0$2,780,052
66$5,665,327$0$0$3,016,929
67$6,148,490$0$0$3,276,498
68$6,677,953$0$0$3,561,025
69$7,258,344$0$0$3,873,009
70$7,894,761$0$0$4,215,201
71$8,592,818$0$0$4,590,632
72$9,358,701$0$0$5,002,640
73$10,199,220$0$0$5,454,901
74$11,121,879$0$0$5,951,465
75$12,134,942$0$0$6,496,794
76$13,247,515$0$0$7,095,803
77$14,469,627$0$0$7,753,905
78$15,812,327$0$0$8,477,065
79$17,287,786$0$0$9,271,853
80$18,909,414$0$0$10,145,509
81$20,691,984$0$0$11,106,007
82$22,651,771$0$0$12,162,134
83$24,806,706$0$0$13,323,571
84$27,176,544$0$0$14,600,982
85$29,783,052$0$0$16,006,120
86$32,650,211$0$0$17,551,930
87$35,804,442$0$0$19,252,678
88$39,274,859$0$0$21,124,082
89$43,093,536$0$0$23,183,459
90$47,295,816$0$0$25,449,891
91$51,920,642$0$0$27,944,404
92$57,010,920$0$0$30,690,164
93$62,613,929$0$0$33,712,697
94$68,781,764$0$0$37,040,131
95$75,571,826$0$0$40,703,458
96$83,047,365$0$0$44,736,830
97$91,278,077$0$0$49,177,876
98$100,340,758$0$0$54,068,063
99$110,320,030$0$0$59,453,082
100$121,309,140$0$0$65,383,279