Can I retire at age 30 with 565,000?

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 $565,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$46,657$46,242$45,836$45,440$45,054$43,301
2 years$23,098$22,667$22,251$21,846$21,454$19,709
3 years$15,245$14,813$14,398$13,997$13,611$11,929
4 years$11,320$10,889$10,478$10,084$9,708$8,101
5 years$8,966$8,537$8,131$7,746$7,380$5,853
6 years$7,396$6,971$6,571$6,194$5,839$4,394
7 years$6,276$5,855$5,461$5,093$4,749$3,384
8 years$5,436$5,018$4,631$4,272$3,940$2,654
9 years$4,783$4,370$3,989$3,639$3,318$2,109
10 years$4,261$3,852$3,477$3,137$2,827$1,693
11 years$3,834$3,429$3,062$2,730$2,431$1,370
12 years$3,479$3,077$2,717$2,394$2,107$1,115
13 years$3,178$2,781$2,427$2,114$1,837$912
14 years$2,921$2,528$2,181$1,877$1,611$748
15 years$2,698$2,309$1,969$1,674$1,418$616
16 years$2,503$2,119$1,785$1,498$1,253$509
17 years$2,331$1,951$1,625$1,346$1,111$421
18 years$2,179$1,803$1,483$1,213$988$349
19 years$2,043$1,671$1,358$1,096$881$290
20 years$1,920$1,553$1,246$993$787$241
21 years$1,810$1,446$1,146$901$704$200
22 years$1,709$1,350$1,056$819$631$166
23 years$1,618$1,263$975$746$566$139
24 years$1,534$1,183$902$681$509$115
25 years$1,457$1,110$835$622$458$96
26 years$1,386$1,044$775$568$413$80
27 years$1,320$982$719$520$372$67
28 years$1,259$925$669$477$336$56
29 years$1,203$873$622$437$303$47
30 years$1,150$824$580$401$274$39
31 years$1,101$779$541$368$248$32
32 years$1,055$737$504$339$224$27
33 years$1,012$698$471$311$203$23
34 years$971$662$440$286$184$19
35 years$933$628$411$264$166$16
36 years$897$596$385$243$151$13
37 years$863$566$360$224$137$11
38 years$831$538$337$206$124$9
39 years$801$511$316$190$112$8
40 years$772$487$296$175$102$6
41 years$745$463$278$162$92$5
42 years$719$441$261$149$84$4
43 years$695$420$244$138$76$4
44 years$671$401$229$127$69$3
45 years$649$382$215$118$63$3
46 years$628$364$202$109$57$2
47 years$607$348$190$100$52$2
48 years$588$332$179$93$47$2
49 years$569$317$168$86$43$1
50 years$552$303$158$79$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $565,000, adding $3,294 every year, while hoping to spend $45,276 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: 38/45/17 Blend
29$565,000$565,000$565,000$565,000
30$626,028$596,083$587,325$646,500
31$641,709$577,118$558,827$642,537
32$657,473$555,705$527,857$633,691
33$673,279$531,679$494,284$623,174
34$689,083$504,861$457,972$610,859
35$704,833$475,063$418,778$596,614
36$720,472$442,087$376,554$580,292
37$735,935$405,723$331,142$561,741
38$751,146$365,750$282,382$540,796
39$766,024$321,933$230,103$517,282
40$780,475$274,024$174,127$491,013
41$794,393$221,761$114,270$461,788
42$807,662$164,868$50,339$429,393
43$820,150$103,053$0$393,601
44$831,710$36,007$0$357,412
45$842,178$0$0$327,276
46$851,372$0$0$311,934
47$859,087$0$0$313,760
48$865,096$0$0$314,828
49$869,147$0$0$315,030
50$870,960$0$0$314,248
51$870,222$0$0$312,349
52$866,587$0$0$309,187
53$859,671$0$0$304,599
54$849,047$0$0$298,405
55$834,243$0$0$290,406
56$814,734$0$0$280,380
57$789,941$0$0$268,082
58$759,220$0$0$253,242
59$721,859$0$0$235,559
60$677,072$0$0$214,702
61$623,986$0$0$190,304
62$561,638$0$0$161,958
63$488,961$0$0$129,217
64$404,778$0$0$91,585
65$307,785$0$0$48,514
66$196,543$0$0$0
67$69,461$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