Can I retire at age 30 with 475,000?

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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$39,225$38,876$38,535$38,202$37,877$37,188
2 years$19,418$19,057$18,706$18,366$18,037$17,345
3 years$12,817$12,454$12,104$11,768$11,443$10,771
4 years$9,517$9,155$8,809$8,478$8,161$7,513
5 years$7,537$7,178$6,836$6,512$6,204$5,582
6 years$6,218$5,861$5,524$5,208$4,909$4,313
7 years$5,276$4,922$4,591$4,281$3,992$3,423
8 years$4,570$4,219$3,893$3,592$3,312$2,769
9 years$4,021$3,673$3,353$3,059$2,789$2,273
10 years$3,582$3,238$2,924$2,637$2,377$1,886
11 years$3,223$2,883$2,574$2,295$2,044$1,579
12 years$2,925$2,587$2,284$2,013$1,771$1,331
13 years$2,672$2,338$2,041$1,777$1,545$1,128
14 years$2,456$2,125$1,834$1,578$1,354$960
15 years$2,268$1,941$1,656$1,407$1,192$821
16 years$2,104$1,781$1,501$1,260$1,054$704
17 years$1,960$1,640$1,366$1,132$934$605
18 years$1,832$1,516$1,247$1,020$831$522
19 years$1,717$1,405$1,141$922$740$451
20 years$1,614$1,306$1,048$835$661$390
21 years$1,521$1,216$964$758$592$338
22 years$1,437$1,135$888$689$530$293
23 years$1,360$1,062$820$627$476$254
24 years$1,289$995$758$572$428$221
25 years$1,225$933$702$523$385$192
26 years$1,165$877$651$478$347$167
27 years$1,110$826$605$437$313$146
28 years$1,059$778$562$401$282$127
29 years$1,011$734$523$367$255$110
30 years$967$693$487$337$230$96
31 years$926$655$454$310$208$84
32 years$887$620$424$285$188$73
33 years$851$587$396$262$170$64
34 years$817$556$370$241$154$56
35 years$785$528$346$222$140$49
36 years$754$501$323$204$127$43
37 years$726$476$303$188$115$37
38 years$699$452$284$173$104$32
39 years$674$430$266$160$94$28
40 years$649$409$249$147$86$25
41 years$626$389$233$136$78$22
42 years$605$371$219$126$70$19
43 years$584$353$206$116$64$17
44 years$564$337$193$107$58$14
45 years$546$321$181$99$53$13
46 years$528$306$170$91$48$11
47 years$511$292$160$84$43$10
48 years$494$279$150$78$39$8
49 years$479$267$141$72$36$7
50 years$464$255$133$67$33$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $475,000, adding $4,752 every year, while hoping to spend $34,953 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: 49/46/5 Blend
29$475,000$475,000$475,000$475,000
30$528,352$503,177$495,814$553,360
31$545,054$490,643$475,234$558,390
32$562,288$476,323$452,793$559,714
33$580,072$460,093$428,392$560,314
34$598,423$441,822$401,928$560,131
35$617,361$421,369$373,290$559,103
36$636,904$398,588$342,368$557,164
37$657,072$373,323$309,041$554,242
38$677,886$345,409$273,187$550,264
39$699,368$314,672$234,676$545,150
40$721,540$280,927$193,374$538,816
41$744,424$243,980$149,140$531,174
42$768,046$203,625$101,826$522,129
43$792,429$159,645$51,279$511,584
44$817,599$111,810$0$499,432
45$843,583$59,878$0$485,704
46$870,410$3,593$0$473,071
47$898,107$0$0$458,678
48$926,705$0$0$471,417
49$956,236$0$0$486,450
50$986,731$0$0$501,975
51$1,018,226$0$0$518,010
52$1,050,754$0$0$534,572
53$1,084,353$0$0$551,682
54$1,119,062$0$0$569,358
55$1,154,920$0$0$587,621
56$1,191,970$0$0$606,492
57$1,230,255$0$0$625,995
58$1,269,821$0$0$646,153
59$1,310,717$0$0$666,991
60$1,352,992$0$0$688,535
61$1,396,700$0$0$710,811
62$1,441,896$0$0$733,850
63$1,488,637$0$0$757,680
64$1,536,986$0$0$782,333
65$1,587,006$0$0$807,844
66$1,638,766$0$0$834,246
67$1,692,337$0$0$861,577
68$1,747,794$0$0$889,877
69$1,805,217$0$0$919,187
70$1,864,690$0$0$949,550
71$1,926,303$0$0$981,013
72$1,990,150$0$0$1,013,626
73$2,056,331$0$0$1,047,441
74$2,124,953$0$0$1,082,513
75$2,196,129$0$0$1,118,901
76$2,269,980$0$0$1,156,670
77$2,346,634$0$0$1,195,885
78$2,426,227$0$0$1,236,620
79$2,508,906$0$0$1,278,950
80$2,594,828$0$0$1,322,958
81$2,684,159$0$0$1,368,732
82$2,777,079$0$0$1,416,366
83$2,873,779$0$0$1,465,961
84$2,974,466$0$0$1,517,626
85$3,079,361$0$0$1,571,479
86$3,188,702$0$0$1,627,645
87$3,302,747$0$0$1,686,260
88$3,421,771$0$0$1,747,470
89$3,546,074$0$0$1,811,434
90$3,675,976$0$0$1,878,322
91$3,811,827$0$0$1,948,320
92$3,954,004$0$0$2,021,628
93$4,102,913$0$0$2,098,462
94$4,258,998$0$0$2,179,059
95$4,422,737$0$0$2,263,672
96$4,594,651$0$0$2,352,580
97$4,775,306$0$0$2,446,084
98$4,965,315$0$0$2,544,512
99$5,165,348$0$0$2,648,221
100$5,376,131$0$0$2,757,599