Can I retire at age 30 with 519,000?

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 $519,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$42,859$42,477$42,104$41,741$41,386$39,902
2 years$21,217$20,822$20,439$20,068$19,708$18,228
3 years$14,004$13,607$13,225$12,858$12,503$11,075
4 years$10,398$10,003$9,625$9,263$8,917$7,552
5 years$8,236$7,842$7,469$7,115$6,779$5,479
6 years$6,794$6,404$6,036$5,690$5,364$4,131
7 years$5,765$5,378$5,016$4,678$4,362$3,196
8 years$4,993$4,610$4,254$3,924$3,619$2,518
9 years$4,394$4,014$3,664$3,343$3,048$2,011
10 years$3,914$3,538$3,194$2,881$2,597$1,623
11 years$3,522$3,150$2,812$2,508$2,233$1,320
12 years$3,196$2,827$2,496$2,200$1,935$1,080
13 years$2,919$2,555$2,230$1,942$1,688$888
14 years$2,683$2,322$2,004$1,724$1,479$733
15 years$2,478$2,121$1,809$1,537$1,303$607
16 years$2,299$1,946$1,640$1,376$1,151$504
17 years$2,142$1,792$1,492$1,237$1,021$420
18 years$2,002$1,656$1,362$1,115$908$350
19 years$1,876$1,535$1,247$1,007$809$292
20 years$1,764$1,426$1,145$912$723$244
21 years$1,662$1,329$1,053$828$647$204
22 years$1,570$1,240$970$753$580$171
23 years$1,486$1,160$896$685$520$143
24 years$1,409$1,087$829$625$468$120
25 years$1,338$1,020$767$571$421$101
26 years$1,273$959$712$522$379$85
27 years$1,213$902$661$478$342$71
28 years$1,157$850$614$438$308$60
29 years$1,105$802$572$401$278$50
30 years$1,056$757$533$368$252$42
31 years$1,011$716$497$338$227$35
32 years$969$677$463$311$206$30
33 years$929$642$433$286$186$25
34 years$892$608$404$263$169$21
35 years$857$577$378$242$153$18
36 years$824$547$353$223$138$15
37 years$793$520$331$206$125$12
38 years$764$494$310$189$114$10
39 years$736$470$290$175$103$9
40 years$710$447$272$161$94$7
41 years$685$426$255$149$85$6
42 years$661$405$239$137$77$5
43 years$638$386$225$127$70$4
44 years$617$368$211$117$63$4
45 years$596$351$198$108$58$3
46 years$577$335$186$100$52$3
47 years$558$320$175$92$47$2
48 years$540$305$164$85$43$2
49 years$523$291$154$79$39$2
50 years$507$278$145$73$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $519,000, adding $5,631 every year, while hoping to spend $25,748 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: 53/32/15 Blend
29$519,000$519,000$519,000$519,000
30$577,746$550,239$542,195$605,762
31$609,281$549,805$532,963$625,086
32$643,169$548,487$522,558$642,888
33$679,623$546,214$510,915$661,678
34$718,878$542,912$497,964$681,557
35$761,189$538,500$483,632$702,638
36$806,840$532,896$467,842$725,044
37$856,139$526,009$450,516$748,915
38$909,426$517,745$431,570$774,405
39$967,078$508,005$410,918$801,686
40$1,029,503$496,680$388,467$830,947
41$1,097,155$483,661$364,123$862,401
42$1,170,531$468,826$337,788$896,282
43$1,250,178$452,051$309,356$932,853
44$1,336,696$433,201$278,719$972,401
45$1,430,747$412,137$245,765$1,015,250
46$1,533,060$388,708$210,375$1,061,756
47$1,644,435$362,757$172,425$1,112,313
48$1,765,752$334,117$131,786$1,167,362
49$1,897,982$302,612$88,323$1,227,388
50$2,042,190$268,054$41,897$1,292,930
51$2,199,553$230,248$0$1,364,585
52$2,371,362$188,985$0$1,444,239
53$2,559,040$144,044$0$1,538,636
54$2,764,154$95,195$0$1,641,899
55$2,988,429$42,190$0$1,754,955
56$3,233,763$0$0$1,878,825
57$3,502,247$0$0$2,020,000
58$3,796,184$0$0$2,190,873
59$4,118,108$0$0$2,378,067
60$4,470,813$0$0$2,583,212
61$4,857,372$0$0$2,808,104
62$5,281,172$0$0$3,054,718
63$5,745,942$0$0$3,325,233
64$6,255,791$0$0$3,622,047
65$6,815,243$0$0$3,947,802
66$7,429,282$0$0$4,305,407
67$8,103,398$0$0$4,698,069
68$8,843,638$0$0$5,129,317
69$9,656,664$0$0$5,603,042
70$10,549,815$0$0$6,123,529
71$11,531,174$0$0$6,695,499
72$12,609,648$0$0$7,324,151
73$13,795,048$0$0$8,015,216
74$15,098,185$0$0$8,775,005
75$16,530,967$0$0$9,610,474
76$18,106,514$0$0$10,529,283
77$19,839,284$0$0$11,539,875
78$21,745,202$0$0$12,651,551
79$23,841,816$0$0$13,874,558
80$26,148,461$0$0$15,220,186
81$28,686,440$0$0$16,700,877
82$31,479,223$0$0$18,330,338
83$34,552,674$0$0$20,123,672
84$37,935,287$0$0$22,097,521
85$41,658,462$0$0$24,270,221
86$45,756,795$0$0$26,661,977
87$50,268,406$0$0$29,295,052
88$55,235,300$0$0$32,193,978
89$60,703,763$0$0$35,385,786
90$66,724,795$0$0$38,900,261
91$73,354,593$0$0$42,770,223
92$80,655,082$0$0$47,031,840
93$88,694,498$0$0$51,724,961
94$97,548,032$0$0$56,893,500
95$107,298,537$0$0$62,585,847
96$118,037,312$0$0$68,855,324
97$129,864,964$0$0$75,760,688
98$142,892,354$0$0$83,366,685
99$157,241,643$0$0$91,744,664
100$173,047,450$0$0$100,973,246