Can I retire at age 30 with 533,000?

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 $533,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$44,015$43,623$43,240$42,867$42,502$40,864
2 years$21,789$21,384$20,990$20,609$20,239$18,608
3 years$14,382$13,974$13,582$13,204$12,841$11,268
4 years$10,679$10,273$9,884$9,513$9,158$7,657
5 years$8,458$8,054$7,671$7,307$6,962$5,535
6 years$6,977$6,577$6,199$5,843$5,509$4,157
7 years$5,920$5,523$5,151$4,804$4,480$3,203
8 years$5,128$4,734$4,369$4,030$3,717$2,514
9 years$4,512$4,122$3,763$3,433$3,130$1,999
10 years$4,020$3,633$3,281$2,959$2,667$1,606
11 years$3,617$3,235$2,888$2,575$2,294$1,300
12 years$3,282$2,903$2,563$2,259$1,988$1,059
13 years$2,998$2,624$2,290$1,994$1,733$866
14 years$2,755$2,385$2,058$1,770$1,519$712
15 years$2,545$2,179$1,858$1,579$1,338$587
16 years$2,361$1,999$1,684$1,414$1,182$485
17 years$2,199$1,841$1,533$1,270$1,048$401
18 years$2,056$1,701$1,399$1,145$932$333
19 years$1,927$1,576$1,281$1,034$831$276
20 years$1,811$1,465$1,175$937$742$230
21 years$1,707$1,365$1,081$850$664$191
22 years$1,612$1,274$996$773$595$159
23 years$1,526$1,191$920$704$534$133
24 years$1,447$1,116$851$642$480$111
25 years$1,374$1,047$788$586$432$92
26 years$1,307$984$731$536$389$77
27 years$1,245$926$679$491$351$64
28 years$1,188$873$631$450$317$54
29 years$1,135$824$587$412$286$45
30 years$1,085$778$547$378$258$37
31 years$1,039$735$510$348$234$31
32 years$995$696$476$319$211$26
33 years$955$659$444$294$191$22
34 years$916$624$415$270$173$18
35 years$880$592$388$249$157$15
36 years$847$562$363$229$142$13
37 years$815$534$340$211$129$11
38 years$784$507$318$195$117$9
39 years$756$483$298$179$106$7
40 years$729$459$279$165$96$6
41 years$703$437$262$153$87$5
42 years$679$416$246$141$79$4
43 years$655$397$231$130$72$4
44 years$633$378$216$120$65$3
45 years$612$360$203$111$59$3
46 years$592$344$191$102$54$2
47 years$573$328$179$95$49$2
48 years$555$313$169$87$44$1
49 years$537$299$158$81$40$1
50 years$520$286$149$75$37$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $533,000, adding $3,124 every year, while hoping to spend $24,749 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: 86/5/9 Blend
29$533,000$533,000$533,000$533,000
30$590,588$562,339$554,078$640,444
31$624,496$563,561$546,307$674,674
32$661,032$564,014$537,446$708,577
33$700,439$563,632$527,432$745,053
34$742,984$562,350$516,201$784,343
35$788,957$560,094$503,683$826,716
36$838,681$556,789$489,807$872,463
37$892,508$552,353$474,497$921,910
38$950,827$546,701$457,675$975,411
39$1,014,063$539,741$439,259$1,033,360
40$1,082,686$531,378$419,163$1,096,186
41$1,157,212$521,507$397,297$1,164,367
42$1,238,209$510,022$373,567$1,238,425
43$1,326,301$496,808$347,876$1,318,937
44$1,422,174$481,742$320,121$1,406,539
45$1,526,586$464,697$290,195$1,501,930
46$1,640,367$445,536$257,985$1,605,880
47$1,764,432$424,116$223,376$1,719,240
48$1,899,790$400,283$186,245$1,842,945
49$2,047,549$373,878$146,465$1,978,025
50$2,208,930$344,729$103,902$2,125,616
51$2,385,276$312,656$58,418$2,286,970
52$2,578,068$277,469$9,869$2,463,464
53$2,788,933$238,967$0$2,656,619
54$3,019,665$196,938$0$2,872,136
55$3,272,239$151,156$0$3,109,104
56$3,548,830$101,385$0$3,368,625
57$3,851,832$47,374$0$3,652,953
58$4,183,882$0$0$3,964,575
59$4,547,885$0$0$4,306,841
60$4,947,040$0$0$4,685,024
61$5,384,869$0$0$5,099,857
62$5,865,254$0$0$5,555,018
63$6,392,468$0$0$6,054,556
64$6,971,221$0$0$6,602,934
65$7,606,698$0$0$7,205,068
66$8,304,612$0$0$7,866,371
67$9,071,258$0$0$8,592,808
68$9,913,569$0$0$9,390,950
69$10,839,182$0$0$10,268,036
70$11,856,512$0$0$11,232,039
71$12,974,829$0$0$12,291,745
72$14,204,347$0$0$13,456,833
73$15,556,317$0$0$14,737,968
74$17,043,136$0$0$16,146,897
75$18,678,464$0$0$17,696,565
76$20,477,348$0$0$19,401,234
77$22,456,369$0$0$21,276,617
78$24,633,796$0$0$23,340,027
79$27,029,757$0$0$25,610,541
80$29,666,431$0$0$28,109,177
81$32,568,253$0$0$30,859,094
82$35,762,151$0$0$33,885,811
83$39,277,793$0$0$37,217,444
84$43,147,868$0$0$40,884,974
85$47,408,400$0$0$44,922,541
86$52,099,078$0$0$49,367,759
87$57,263,638$0$0$54,262,077
88$62,950,273$0$0$59,651,169
89$69,212,086$0$0$65,585,360
90$76,107,592$0$0$72,120,106
91$83,701,269$0$0$79,316,515
92$92,064,168$0$0$87,241,924
93$101,274,582$0$0$95,970,530
94$111,418,784$0$0$105,584,096
95$122,591,842$0$0$116,172,721
96$134,898,515$0$0$127,835,685
97$148,454,241$0$0$140,682,392
98$163,386,227$0$0$154,833,398
99$179,834,650$0$0$170,421,551
100$197,953,978$0$0$187,593,243