Can I retire at age 30 with 522,000?

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 $522,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$43,106$42,722$42,348$41,982$41,625$40,471
2 years$21,340$20,942$20,557$20,184$19,821$18,667
3 years$14,085$13,686$13,302$12,932$12,576$11,458
4 years$10,459$10,061$9,680$9,317$8,969$7,896
5 years$8,283$7,888$7,512$7,156$6,818$5,793
6 years$6,833$6,441$6,071$5,723$5,395$4,418
7 years$5,798$5,409$5,045$4,705$4,388$3,459
8 years$5,022$4,637$4,279$3,947$3,640$2,760
9 years$4,419$4,037$3,685$3,362$3,065$2,232
10 years$3,937$3,558$3,213$2,898$2,612$1,825
11 years$3,542$3,168$2,829$2,522$2,246$1,505
12 years$3,214$2,843$2,510$2,212$1,947$1,248
13 years$2,936$2,569$2,243$1,953$1,697$1,041
14 years$2,699$2,336$2,015$1,734$1,488$872
15 years$2,493$2,134$1,819$1,546$1,310$733
16 years$2,313$1,958$1,650$1,384$1,158$618
17 years$2,154$1,803$1,501$1,244$1,027$522
18 years$2,013$1,666$1,370$1,121$913$442
19 years$1,887$1,544$1,254$1,013$814$375
20 years$1,774$1,435$1,151$917$727$319
21 years$1,672$1,336$1,059$833$650$271
22 years$1,579$1,247$976$757$583$231
23 years$1,494$1,167$901$689$523$197
24 years$1,417$1,093$833$629$470$168
25 years$1,346$1,026$772$574$423$143
26 years$1,280$964$716$525$381$122
27 years$1,220$907$665$481$344$104
28 years$1,163$855$618$440$310$89
29 years$1,111$807$575$404$280$76
30 years$1,063$762$536$371$253$65
31 years$1,017$720$499$340$229$56
32 years$975$681$466$313$207$48
33 years$935$645$435$288$187$41
34 years$897$612$406$265$170$35
35 years$862$580$380$244$154$30
36 years$829$551$356$224$139$25
37 years$798$523$333$207$126$22
38 years$768$497$312$191$114$19
39 years$740$473$292$176$104$16
40 years$714$450$274$162$94$14
41 years$688$428$257$150$85$12
42 years$665$408$241$138$77$10
43 years$642$388$226$127$70$9
44 years$620$370$212$118$64$7
45 years$600$353$199$109$58$6
46 years$580$337$187$100$53$5
47 years$561$321$176$93$48$5
48 years$543$307$165$86$43$4
49 years$526$293$155$79$39$3
50 years$510$280$146$73$36$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $522,000, adding $6,362 every year, while hoping to spend $35,603 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: 41/42/17 Blend
29$522,000$522,000$522,000$522,000
30$581,806$554,140$546,049$602,506
31$603,269$543,412$526,461$607,062
32$625,728$530,965$505,023$608,040
33$649,247$516,676$481,635$608,346
34$673,895$500,419$456,195$607,936
35$699,748$482,054$428,593$606,765
36$726,887$461,439$398,715$604,787
37$755,400$438,421$366,443$601,954
38$785,385$412,837$331,653$598,215
39$816,945$384,518$294,215$593,521
40$850,195$353,281$253,993$587,819
41$885,260$318,936$210,846$581,057
42$922,273$281,281$164,626$573,181
43$961,384$240,103$115,180$564,136
44$1,002,753$195,175$62,346$553,869
45$1,046,555$146,261$5,957$542,323
46$1,092,984$93,107$0$529,444
47$1,142,248$35,449$0$525,014
48$1,194,577$0$0$520,935
49$1,250,222$0$0$528,584
50$1,309,457$0$0$554,205
51$1,372,583$0$0$581,547
52$1,439,929$0$0$610,760
53$1,511,856$0$0$642,003
54$1,588,758$0$0$675,455
55$1,671,070$0$0$711,310
56$1,759,265$0$0$749,781
57$1,853,866$0$0$791,103
58$1,955,442$0$0$835,533
59$2,064,623$0$0$883,352
60$2,182,097$0$0$934,870
61$2,308,620$0$0$990,427
62$2,445,023$0$0$1,050,398
63$2,592,217$0$0$1,115,193
64$2,751,207$0$0$1,185,263
65$2,923,092$0$0$1,261,104
66$3,109,085$0$0$1,343,262
67$3,310,516$0$0$1,432,335
68$3,528,849$0$0$1,528,985
69$3,765,692$0$0$1,633,934
70$4,022,815$0$0$1,747,982
71$4,302,166$0$0$1,872,006
72$4,605,884$0$0$2,006,970
73$4,936,326$0$0$2,153,937
74$5,296,083$0$0$2,314,077
75$5,688,008$0$0$2,488,674
76$6,115,238$0$0$2,679,144
77$6,581,227$0$0$2,887,047
78$7,089,778$0$0$3,114,096
79$7,645,075$0$0$3,362,180
80$8,251,725$0$0$3,633,378
81$8,914,798$0$0$3,929,978
82$9,639,880$0$0$4,254,500
83$10,433,116$0$0$4,609,719
84$11,301,277$0$0$4,998,690
85$12,251,815$0$0$5,424,778
86$13,292,939$0$0$5,891,687
87$14,433,689$0$0$6,403,499
88$15,684,018$0$0$6,964,708
89$17,054,890$0$0$7,580,264
90$18,558,382$0$0$8,255,619
91$20,207,792$0$0$8,996,778
92$22,017,770$0$0$9,810,357
93$24,004,453$0$0$10,703,642
94$26,185,614$0$0$11,684,660
95$28,580,835$0$0$12,762,253
96$31,211,683$0$0$13,946,162
97$34,101,919$0$0$15,247,117
98$37,277,718$0$0$16,676,941
99$40,767,917$0$0$18,248,658
100$44,604,285$0$0$19,976,616