Can I retire at age 30 with 572,000?

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 $572,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$47,235$46,814$46,404$46,003$45,612$44,455
2 years$23,384$22,948$22,526$22,117$21,720$20,562
3 years$15,434$14,997$14,576$14,171$13,780$12,657
4 years$11,460$11,024$10,608$10,209$9,828$8,749
5 years$9,077$8,643$8,232$7,842$7,471$6,439
6 years$7,488$7,058$6,653$6,271$5,912$4,927
7 years$6,354$5,927$5,528$5,156$4,808$3,871
8 years$5,503$5,081$4,688$4,325$3,989$3,099
9 years$4,842$4,424$4,038$3,684$3,359$2,516
10 years$4,314$3,899$3,521$3,176$2,862$2,065
11 years$3,882$3,471$3,099$2,764$2,461$1,709
12 years$3,522$3,116$2,751$2,424$2,133$1,423
13 years$3,218$2,816$2,458$2,140$1,860$1,192
14 years$2,957$2,559$2,208$1,900$1,630$1,003
15 years$2,731$2,338$1,994$1,694$1,436$846
16 years$2,534$2,145$1,808$1,517$1,269$717
17 years$2,360$1,976$1,645$1,363$1,125$608
18 years$2,206$1,825$1,501$1,228$1,000$517
19 years$2,068$1,692$1,375$1,110$892$441
20 years$1,944$1,572$1,261$1,005$796$376
21 years$1,832$1,464$1,160$912$713$321
22 years$1,730$1,367$1,069$830$639$275
23 years$1,638$1,278$987$755$573$235
24 years$1,553$1,198$913$689$515$202
25 years$1,475$1,124$846$629$464$173
26 years$1,403$1,056$784$575$418$148
27 years$1,336$994$728$527$377$127
28 years$1,275$937$677$483$340$109
29 years$1,218$884$630$442$307$94
30 years$1,164$835$587$406$277$81
31 years$1,115$789$547$373$251$69
32 years$1,068$747$511$343$227$59
33 years$1,024$707$477$315$205$51
34 years$983$670$445$290$186$44
35 years$945$636$416$267$168$38
36 years$908$603$390$246$152$33
37 years$874$573$365$227$138$28
38 years$842$545$341$209$125$24
39 years$811$518$320$193$114$21
40 years$782$493$300$178$103$18
41 years$754$469$281$164$93$15
42 years$728$447$264$151$85$13
43 years$703$426$247$140$77$11
44 years$680$406$232$129$70$10
45 years$657$387$218$119$63$8
46 years$635$369$205$110$58$7
47 years$615$352$192$102$52$6
48 years$595$336$181$94$48$5
49 years$576$321$170$87$43$5
50 years$558$307$160$80$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $572,000, adding $3,320 every year, while hoping to spend $39,325 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: 38/44/18 Blend
29$572,000$572,000$572,000$572,000
30$633,769$603,453$594,587$654,310
31$656,571$591,180$572,664$657,120
32$680,382$576,989$548,688$656,168
33$705,262$560,742$522,551$654,316
34$731,278$542,297$494,135$651,503
35$758,500$521,502$463,320$647,668
36$787,007$498,195$429,981$642,745
37$816,883$472,208$393,987$636,667
38$848,218$443,359$355,199$629,364
39$881,112$411,460$313,474$620,761
40$915,672$376,308$268,662$610,785
41$952,015$337,691$220,606$599,355
42$990,267$295,385$169,143$586,393
43$1,030,568$249,152$114,103$571,814
44$1,073,067$198,741$55,306$555,532
45$1,117,928$143,888$0$537,459
46$1,165,330$84,312$0$518,935
47$1,215,469$19,718$0$509,866
48$1,268,557$0$0$499,564
49$1,324,826$0$0$512,282
50$1,384,532$0$0$535,946
51$1,447,953$0$0$561,123
52$1,515,391$0$0$587,939
53$1,587,180$0$0$616,532
54$1,663,684$0$0$647,053
55$1,745,301$0$0$679,668
56$1,832,469$0$0$714,557
57$1,925,666$0$0$751,921
58$2,025,418$0$0$791,977
59$2,132,299$0$0$834,965
60$2,246,940$0$0$881,147
61$2,370,036$0$0$930,811
62$2,502,345$0$0$984,275
63$2,644,703$0$0$1,041,885
64$2,798,026$0$0$1,104,023
65$2,963,319$0$0$1,171,110
66$3,141,690$0$0$1,243,605
67$3,334,351$0$0$1,322,016
68$3,542,639$0$0$1,406,899
69$3,768,019$0$0$1,498,866
70$4,012,106$0$0$1,598,590
71$4,276,671$0$0$1,706,811
72$4,563,666$0$0$1,824,344
73$4,875,232$0$0$1,952,084
74$5,213,730$0$0$2,091,015
75$5,581,754$0$0$2,242,221
76$5,982,156$0$0$2,406,895
77$6,418,079$0$0$2,586,349
78$6,892,976$0$0$2,782,027
79$7,410,651$0$0$2,995,517
80$7,975,288$0$0$3,228,570
81$8,591,494$0$0$3,483,111
82$9,264,338$0$0$3,761,259
83$9,999,403$0$0$4,065,349
84$10,802,833$0$0$4,397,951
85$11,681,393$0$0$4,761,892
86$12,642,531$0$0$5,160,289
87$13,694,448$0$0$5,596,572
88$14,846,176$0$0$6,074,519
89$16,107,659$0$0$6,598,291
90$17,489,850$0$0$7,172,468
91$19,004,809$0$0$7,802,097
92$20,665,821$0$0$8,492,737
93$22,487,515$0$0$9,250,509
94$24,486,006$0$0$10,082,157
95$26,679,042$0$0$10,995,108
96$29,086,176$0$0$11,997,543
97$31,728,943$0$0$13,098,477
98$34,631,065$0$0$14,307,837
99$37,818,675$0$0$15,636,561
100$41,320,561$0$0$17,096,699