Can I retire at age 30 with 537,000?

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 $537,000?

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%
1 years$44,345$43,950$43,565$43,188$42,821$41,584
2 years$21,953$21,544$21,148$20,764$20,391$19,154
3 years$14,490$14,079$13,684$13,303$12,937$11,739
4 years$10,759$10,350$9,958$9,584$9,227$8,078
5 years$8,521$8,114$7,728$7,362$7,014$5,917
6 years$7,030$6,626$6,246$5,887$5,550$4,505
7 years$5,965$5,564$5,190$4,840$4,514$3,522
8 years$5,167$4,770$4,402$4,060$3,744$2,804
9 years$4,546$4,153$3,791$3,459$3,153$2,265
10 years$4,050$3,661$3,305$2,981$2,687$1,848
11 years$3,644$3,259$2,910$2,595$2,311$1,520
12 years$3,306$2,925$2,582$2,276$2,002$1,259
13 years$3,021$2,643$2,307$2,009$1,746$1,048
14 years$2,776$2,403$2,073$1,784$1,531$876
15 years$2,564$2,195$1,872$1,591$1,348$735
16 years$2,379$2,014$1,697$1,424$1,191$618
17 years$2,216$1,855$1,544$1,280$1,056$521
18 years$2,071$1,714$1,410$1,153$939$441
19 years$1,942$1,588$1,290$1,042$837$373
20 years$1,825$1,476$1,184$944$748$316
21 years$1,720$1,375$1,089$857$669$268
22 years$1,624$1,283$1,004$779$600$228
23 years$1,537$1,200$927$709$538$194
24 years$1,458$1,125$857$647$484$165
25 years$1,384$1,055$794$591$435$140
26 years$1,317$992$736$540$392$119
27 years$1,255$933$684$494$354$102
28 years$1,197$880$636$453$319$87
29 years$1,143$830$592$415$288$74
30 years$1,093$784$551$381$260$63
31 years$1,046$741$514$350$235$54
32 years$1,003$701$479$322$213$46
33 years$962$664$448$296$193$39
34 years$923$629$418$272$174$33
35 years$887$597$391$251$158$28
36 years$853$566$366$231$143$24
37 years$821$538$342$213$130$21
38 years$790$511$321$196$118$18
39 years$761$486$300$181$107$15
40 years$734$463$281$167$97$13
41 years$708$440$264$154$88$11
42 years$684$419$248$142$80$9
43 years$660$400$232$131$72$8
44 years$638$381$218$121$66$7
45 years$617$363$205$112$60$6
46 years$597$346$192$103$54$5
47 years$577$331$181$95$49$4
48 years$559$316$170$88$45$4
49 years$541$301$160$81$41$3
50 years$524$288$150$75$37$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $537,000, adding $3,186 every year, while hoping to spend $21,447 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: 59/30/11 Blend
29$537,000$537,000$537,000$537,000
30$595,060$566,599$558,276$628,415
31$632,937$571,543$554,159$656,180
32$673,958$576,011$549,185$683,748
33$718,422$579,955$543,303$713,289
34$766,657$583,329$536,459$744,994
35$819,023$586,078$528,597$779,074
36$875,916$588,149$519,658$815,764
37$937,773$589,482$509,580$855,322
38$1,005,073$590,014$498,298$898,032
39$1,078,345$589,679$485,746$944,210
40$1,158,169$588,407$471,851$994,203
41$1,245,186$586,122$456,541$1,048,394
42$1,340,098$582,745$439,738$1,107,208
43$1,443,679$578,191$421,361$1,171,112
44$1,556,783$572,371$401,326$1,240,622
45$1,680,348$565,190$379,543$1,316,310
46$1,815,407$556,548$355,922$1,398,805
47$1,963,098$546,338$330,364$1,488,802
48$2,124,672$534,447$302,769$1,587,067
49$2,301,509$520,755$273,032$1,694,450
50$2,495,127$505,136$241,043$1,811,883
51$2,707,198$487,456$206,686$1,940,399
52$2,939,564$467,573$169,842$2,081,138
53$3,194,253$445,337$130,385$2,235,357
54$3,473,498$420,590$88,184$2,404,442
55$3,779,759$393,163$43,102$2,589,926
56$4,115,745$362,879$0$2,793,497
57$4,484,441$329,550$0$3,017,608
58$4,889,134$292,978$0$3,269,166
59$5,333,445$252,953$0$3,545,394
60$5,821,363$209,255$0$3,848,816
61$6,357,282$161,648$0$4,182,216
62$6,946,041$109,885$0$4,548,662
63$7,592,974$53,706$0$4,951,539
64$8,303,955$0$0$5,394,581
65$9,085,456$0$0$5,884,268
66$9,944,607$0$0$6,442,148
67$10,889,262$0$0$7,055,600
68$11,928,077$0$0$7,730,249
69$13,070,587$0$0$8,472,294
70$14,327,297$0$0$9,288,564
71$15,709,782$0$0$10,186,585
72$17,230,795$0$0$11,174,648
73$18,904,387$0$0$12,261,888
74$20,746,042$0$0$13,458,370
75$22,772,817$0$0$14,775,184
76$25,003,511$0$0$16,224,552
77$27,458,832$0$0$17,819,938
78$30,161,603$0$0$19,576,178
79$33,136,969$0$0$21,509,621
80$36,412,637$0$0$23,638,281
81$40,019,137$0$0$25,982,006
82$43,990,111$0$0$28,562,668
83$48,362,629$0$0$31,404,369
84$53,177,538$0$0$34,533,665
85$58,479,848$0$0$37,979,820
86$64,319,156$0$0$41,775,079
87$70,750,117$0$0$45,954,977
88$77,832,954$0$0$50,558,668
89$85,634,029$0$0$55,629,298
90$94,226,471$0$0$61,214,412
91$103,690,861$0$0$67,366,402
92$114,115,998$0$0$74,143,001
93$125,599,731$0$0$81,607,827
94$138,249,889$0$0$89,830,986
95$152,185,290$0$0$98,889,731
96$167,536,871$0$0$108,869,192
97$184,448,917$0$0$119,863,178
98$203,080,424$0$0$131,975,064
99$223,606,604$0$0$145,318,767
100$246,220,531$0$0$160,019,818