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%16%
1 years$39,225$38,876$38,535$38,202$37,877$36,947
2 years$19,418$19,057$18,706$18,366$18,037$17,105
3 years$12,817$12,454$12,104$11,768$11,443$10,539
4 years$9,517$9,155$8,809$8,478$8,161$7,292
5 years$7,537$7,178$6,836$6,512$6,204$5,372
6 years$6,218$5,861$5,524$5,208$4,909$4,115
7 years$5,276$4,922$4,591$4,281$3,992$3,237
8 years$4,570$4,219$3,893$3,592$3,312$2,595
9 years$4,021$3,673$3,353$3,059$2,789$2,109
10 years$3,582$3,238$2,924$2,637$2,377$1,733
11 years$3,223$2,883$2,574$2,295$2,044$1,436
12 years$2,925$2,587$2,284$2,013$1,771$1,198
13 years$2,672$2,338$2,041$1,777$1,545$1,004
14 years$2,456$2,125$1,834$1,578$1,354$846
15 years$2,268$1,941$1,656$1,407$1,192$715
16 years$2,104$1,781$1,501$1,260$1,054$606
17 years$1,960$1,640$1,366$1,132$934$515
18 years$1,832$1,516$1,247$1,020$831$439
19 years$1,717$1,405$1,141$922$740$375
20 years$1,614$1,306$1,048$835$661$320
21 years$1,521$1,216$964$758$592$274
22 years$1,437$1,135$888$689$530$235
23 years$1,360$1,062$820$627$476$201
24 years$1,289$995$758$572$428$173
25 years$1,225$933$702$523$385$148
26 years$1,165$877$651$478$347$127
27 years$1,110$826$605$437$313$109
28 years$1,059$778$562$401$282$94
29 years$1,011$734$523$367$255$81
30 years$967$693$487$337$230$70
31 years$926$655$454$310$208$60
32 years$887$620$424$285$188$52
33 years$851$587$396$262$170$44
34 years$817$556$370$241$154$38
35 years$785$528$346$222$140$33
36 years$754$501$323$204$127$28
37 years$726$476$303$188$115$24
38 years$699$452$284$173$104$21
39 years$674$430$266$160$94$18
40 years$649$409$249$147$86$16
41 years$626$389$233$136$78$13
42 years$605$371$219$126$70$12
43 years$584$353$206$116$64$10
44 years$564$337$193$107$58$9
45 years$546$321$181$99$53$7
46 years$528$306$170$91$48$6
47 years$511$292$160$84$43$6
48 years$494$279$150$78$39$5
49 years$479$267$141$72$36$4
50 years$464$255$133$67$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $475,000, adding $5,342 every year, while hoping to spend $30,889 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: 23/50/27 Blend
29$475,000$475,000$475,000$475,000
30$528,960$503,785$496,423$536,516
31$550,049$495,605$480,187$535,228
32$572,253$485,989$462,373$530,900
33$595,654$474,833$442,893$525,605
34$620,340$462,030$421,660$519,284
35$646,408$447,463$398,579$511,875
36$673,963$431,010$373,553$503,313
37$703,120$412,542$346,479$493,531
38$734,004$391,922$317,252$482,459
39$766,751$369,006$285,759$470,025
40$801,512$343,639$251,885$456,154
41$838,450$315,661$215,507$440,769
42$877,744$284,901$176,498$423,790
43$919,590$251,177$134,727$405,135
44$964,202$214,299$90,054$384,719
45$1,011,816$174,064$42,335$362,457
46$1,062,687$130,259$0$338,259
47$1,117,099$82,660$0$314,509
48$1,175,361$31,028$0$301,817
49$1,237,811$0$0$287,928
50$1,304,822$0$0$286,491
51$1,376,802$0$0$303,342
52$1,454,198$0$0$321,521
53$1,537,504$0$0$341,154
54$1,627,258$0$0$362,374
55$1,724,055$0$0$385,331
56$1,828,545$0$0$410,188
57$1,941,446$0$0$437,125
58$2,063,544$0$0$466,341
59$2,195,704$0$0$498,053
60$2,338,877$0$0$532,500
61$2,494,109$0$0$569,945
62$2,662,550$0$0$610,679
63$2,845,464$0$0$655,018
64$3,044,242$0$0$703,316
65$3,260,415$0$0$755,956
66$3,495,665$0$0$813,364
67$3,751,846$0$0$876,007
68$4,030,995$0$0$944,400
69$4,335,356$0$0$1,019,109
70$4,667,398$0$0$1,100,756
71$5,029,838$0$0$1,190,030
72$5,425,667$0$0$1,287,684
73$5,858,178$0$0$1,394,552
74$6,330,997$0$0$1,511,550
75$6,848,115$0$0$1,639,686
76$7,413,927$0$0$1,780,071
77$8,033,272$0$0$1,933,930
78$8,711,478$0$0$2,102,609
79$9,454,414$0$0$2,287,594
80$10,268,542$0$0$2,490,518
81$11,160,979$0$0$2,713,182
82$12,139,563$0$0$2,957,570
83$13,212,928$0$0$3,225,867
84$14,390,583$0$0$3,520,478
85$15,683,002$0$0$3,844,055
86$17,101,722$0$0$4,199,519
87$18,659,451$0$0$4,590,086
88$20,370,189$0$0$5,019,300
89$22,249,359$0$0$5,491,067
90$24,313,947$0$0$6,009,688
91$26,582,672$0$0$6,579,901
92$29,076,150$0$0$7,206,929
93$31,817,097$0$0$7,896,524
94$34,830,539$0$0$8,655,025
95$38,144,048$0$0$9,489,413
96$41,787,999$0$0$10,407,384
97$45,795,861$0$0$11,417,414
98$50,204,508$0$0$12,528,844
99$55,054,567$0$0$13,751,967
100$60,390,801$0$0$15,098,121