Can I retire at age 30 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$44,510$44,114$43,727$43,349$42,981$42,585
2 years$22,035$21,624$21,227$20,841$20,467$20,068
3 years$14,544$14,132$13,735$13,353$12,985$12,596
4 years$10,799$10,388$9,996$9,620$9,261$8,884
5 years$8,553$8,145$7,757$7,389$7,040$6,677
6 years$7,056$6,651$6,269$5,909$5,571$5,221
7 years$5,987$5,585$5,209$4,858$4,530$4,195
8 years$5,186$4,788$4,418$4,075$3,758$3,437
9 years$4,563$4,168$3,805$3,471$3,165$2,858
10 years$4,065$3,674$3,317$2,992$2,697$2,403
11 years$3,658$3,271$2,921$2,604$2,319$2,039
12 years$3,319$2,936$2,592$2,284$2,010$1,743
13 years$3,032$2,653$2,316$2,017$1,753$1,499
14 years$2,786$2,412$2,081$1,790$1,536$1,295
15 years$2,574$2,203$1,879$1,597$1,353$1,124
16 years$2,388$2,021$1,703$1,430$1,196$979
17 years$2,224$1,862$1,550$1,284$1,060$855
18 years$2,079$1,720$1,415$1,158$943$749
19 years$1,949$1,594$1,295$1,046$840$657
20 years$1,832$1,481$1,189$947$750$577
21 years$1,726$1,380$1,093$860$672$509
22 years$1,630$1,288$1,008$782$602$448
23 years$1,543$1,205$930$712$540$396
24 years$1,463$1,129$861$649$486$350
25 years$1,390$1,059$797$593$437$310
26 years$1,322$996$739$542$394$274
27 years$1,259$937$686$496$355$243
28 years$1,201$883$638$455$320$216
29 years$1,147$833$594$417$289$191
30 years$1,097$787$553$383$261$170
31 years$1,050$744$516$351$236$151
32 years$1,006$704$481$323$214$134
33 years$965$666$449$297$193$119
34 years$927$631$420$273$175$106
35 years$890$599$392$252$159$94
36 years$856$568$367$232$144$84
37 years$824$540$344$213$130$74
38 years$793$513$322$197$118$66
39 years$764$488$301$181$107$59
40 years$737$464$283$167$97$53
41 years$711$442$265$154$88$47
42 years$686$421$249$142$80$42
43 years$663$401$233$132$73$37
44 years$640$382$219$121$66$33
45 years$619$364$206$112$60$29
46 years$599$348$193$104$54$26
47 years$579$332$181$96$49$23
48 years$561$317$170$88$45$21
49 years$543$302$160$82$41$19
50 years$526$289$151$76$37$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $539,000, adding $4,382 every year, while hoping to spend $49,220 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: 61/24/15 Blend
29$539,000$539,000$539,000$539,000
30$598,498$569,931$561,577$632,509
31$607,175$545,488$528,020$631,481
32$615,088$518,198$491,689$624,428
33$622,106$487,868$452,440$615,559
34$628,084$454,298$410,120$604,705
35$632,862$417,272$364,573$591,677
36$636,260$376,564$315,632$576,273
37$638,078$331,935$263,125$558,271
38$638,094$283,132$206,872$537,432
39$636,063$229,888$146,685$513,493
40$631,710$171,921$82,367$486,169
41$624,732$108,933$13,714$455,150
42$614,793$40,609$0$420,097
43$601,520$0$0$390,173
44$584,499$0$0$367,222
45$563,274$0$0$352,145
46$537,337$0$0$333,875
47$506,128$0$0$312,034
48$469,025$0$0$286,205
49$425,344$0$0$255,925
50$374,324$0$0$220,684
51$315,126$0$0$179,915
52$246,822$0$0$132,995
53$168,388$0$0$79,232
54$78,689$0$0$17,865
55$0$0$0$0
56$0$0$0$0
57$0$0$0$0
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0