Can I retire at age 30 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$47,070$46,651$46,242$45,842$45,453$44,645
2 years$23,302$22,868$22,447$22,040$21,644$20,833
3 years$15,380$14,945$14,525$14,121$13,732$12,943
4 years$11,420$10,986$10,570$10,173$9,794$9,032
5 years$9,045$8,613$8,203$7,814$7,445$6,714
6 years$7,462$7,033$6,629$6,249$5,891$5,191
7 years$6,331$5,906$5,509$5,138$4,791$4,122
8 years$5,484$5,063$4,672$4,310$3,975$3,337
9 years$4,825$4,408$4,024$3,671$3,347$2,740
10 years$4,299$3,886$3,508$3,164$2,852$2,275
11 years$3,868$3,459$3,089$2,754$2,453$1,906
12 years$3,510$3,105$2,741$2,416$2,126$1,607
13 years$3,206$2,806$2,449$2,133$1,853$1,363
14 years$2,947$2,550$2,200$1,893$1,625$1,162
15 years$2,722$2,330$1,987$1,688$1,431$994
16 years$2,525$2,138$1,801$1,512$1,264$853
17 years$2,352$1,969$1,639$1,358$1,121$734
18 years$2,198$1,819$1,496$1,224$997$633
19 years$2,061$1,686$1,370$1,106$888$547
20 years$1,937$1,567$1,257$1,002$794$473
21 years$1,826$1,459$1,156$909$710$410
22 years$1,724$1,362$1,066$827$637$356
23 years$1,632$1,274$984$753$571$309
24 years$1,547$1,194$910$687$514$269
25 years$1,470$1,120$843$627$462$234
26 years$1,398$1,053$782$573$416$204
27 years$1,332$991$726$525$375$178
28 years$1,270$934$675$481$339$155
29 years$1,213$881$628$441$306$135
30 years$1,160$832$585$405$276$118
31 years$1,111$786$545$372$250$103
32 years$1,064$744$509$342$226$90
33 years$1,021$705$475$314$205$79
34 years$980$668$444$289$185$69
35 years$942$633$415$266$168$60
36 years$905$601$388$245$152$52
37 years$871$571$363$226$138$46
38 years$839$543$340$208$125$40
39 years$808$516$319$192$113$35
40 years$779$491$299$177$103$31
41 years$752$467$280$163$93$27
42 years$726$445$263$151$85$23
43 years$701$424$247$139$77$20
44 years$677$404$231$128$70$18
45 years$655$385$217$119$63$16
46 years$633$368$204$110$57$14
47 years$613$351$192$101$52$12
48 years$593$335$180$94$47$10
49 years$574$320$169$86$43$9
50 years$557$306$159$80$39$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $570,000, adding $4,277 every year, while hoping to spend $45,304 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: 67/28/5 Blend
29$570,000$570,000$570,000$570,000
30$632,552$602,342$593,507$674,258
31$648,869$583,653$565,186$683,759
32$665,332$562,531$534,398$688,246
33$681,908$538,807$501,013$691,923
34$698,559$512,305$464,894$694,702
35$715,243$482,839$425,898$696,489
36$731,909$450,209$383,877$697,183
37$748,502$414,207$338,675$696,673
38$764,958$374,613$290,130$694,838
39$781,207$331,192$238,072$691,549
40$797,167$283,697$182,324$686,665
41$812,747$231,867$122,701$680,032
42$827,846$175,428$59,010$671,485
43$842,350$114,087$0$660,844
44$856,129$47,537$0$648,390
45$869,042$0$0$636,825
46$880,928$0$0$630,341
47$891,609$0$0$637,594
48$900,885$0$0$643,790
49$908,535$0$0$648,765
50$914,311$0$0$652,336
51$917,940$0$0$654,299
52$919,115$0$0$654,428
53$917,498$0$0$652,472
54$912,712$0$0$648,152
55$904,338$0$0$641,159
56$891,915$0$0$631,150
57$874,927$0$0$617,744
58$852,806$0$0$600,521
59$824,920$0$0$579,014
60$790,572$0$0$552,707
61$748,987$0$0$521,027
62$699,311$0$0$483,341
63$640,597$0$0$438,951
64$571,798$0$0$387,082
65$491,755$0$0$326,878
66$399,190$0$0$257,393
67$292,687$0$0$177,581
68$170,683$0$0$86,287
69$31,452$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