Can I retire at age 30 with 476,000?

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 $476,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$39,308$38,958$38,616$38,282$37,957$36,552
2 years$19,459$19,097$18,746$18,405$18,075$16,675
3 years$12,844$12,480$12,130$11,792$11,467$10,117
4 years$9,537$9,174$8,827$8,496$8,179$6,888
5 years$7,553$7,193$6,850$6,525$6,217$4,990
6 years$6,231$5,873$5,536$5,218$4,919$3,756
7 years$5,287$4,932$4,601$4,290$4,001$2,901
8 years$4,580$4,228$3,902$3,599$3,319$2,282
9 years$4,030$3,681$3,360$3,066$2,795$1,819
10 years$3,590$3,245$2,930$2,643$2,382$1,465
11 years$3,230$2,889$2,579$2,300$2,048$1,189
12 years$2,931$2,593$2,289$2,017$1,775$971
13 years$2,678$2,343$2,045$1,781$1,548$797
14 years$2,461$2,130$1,838$1,581$1,357$656
15 years$2,273$1,946$1,659$1,410$1,195$543
16 years$2,109$1,785$1,504$1,262$1,056$450
17 years$1,964$1,644$1,369$1,134$936$373
18 years$1,836$1,519$1,249$1,022$832$310
19 years$1,721$1,408$1,144$924$742$259
20 years$1,618$1,308$1,050$837$663$216
21 years$1,525$1,219$966$759$593$180
22 years$1,440$1,138$890$690$532$150
23 years$1,363$1,064$822$629$477$126
24 years$1,292$997$760$573$429$105
25 years$1,227$935$704$524$386$88
26 years$1,167$879$653$479$348$74
27 years$1,112$827$606$438$313$62
28 years$1,061$780$564$402$283$52
29 years$1,013$736$524$368$255$43
30 years$969$695$488$338$231$36
31 years$928$657$455$310$209$30
32 years$889$621$425$285$189$26
33 years$852$588$397$262$171$21
34 years$818$558$371$241$155$18
35 years$786$529$347$222$140$15
36 years$756$502$324$205$127$13
37 years$727$477$303$189$115$11
38 years$700$453$284$174$104$9
39 years$675$431$266$160$95$7
40 years$651$410$250$148$86$6
41 years$628$390$234$136$78$5
42 years$606$372$219$126$71$4
43 years$585$354$206$116$64$4
44 years$566$338$193$107$58$3
45 years$547$322$182$99$53$3
46 years$529$307$170$91$48$2
47 years$512$293$160$85$44$2
48 years$495$280$151$78$40$2
49 years$480$267$141$72$36$1
50 years$465$255$133$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $476,000, adding $4,217 every year, while hoping to spend $35,729 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: 76/5/19 Blend
29$476,000$476,000$476,000$476,000
30$528,902$503,674$496,296$566,463
31$544,834$490,338$474,906$578,565
32$561,195$475,152$451,603$586,998
33$577,988$457,987$426,283$595,298
34$595,221$438,706$398,842$603,440
35$612,897$417,166$369,167$611,401
36$631,021$393,215$337,142$619,152
37$649,594$366,692$302,645$626,664
38$668,620$337,427$265,551$633,904
39$688,099$305,240$225,726$640,837
40$708,029$269,942$183,033$647,427
41$728,410$231,331$137,326$653,633
42$749,237$189,194$88,455$659,410
43$770,503$143,309$36,263$664,711
44$792,201$93,438$0$669,485
45$814,321$39,332$0$677,616
46$836,848$0$0$693,205
47$859,765$0$0$709,925
48$883,054$0$0$729,110
49$906,689$0$0$748,576
50$930,642$0$0$768,297
51$954,880$0$0$788,246
52$979,364$0$0$808,390
53$1,004,048$0$0$828,690
54$1,028,880$0$0$849,102
55$1,053,802$0$0$869,578
56$1,078,745$0$0$890,058
57$1,103,632$0$0$910,479
58$1,128,375$0$0$930,766
59$1,152,875$0$0$950,837
60$1,177,021$0$0$970,596
61$1,200,687$0$0$989,937
62$1,223,729$0$0$1,008,743
63$1,245,990$0$0$1,026,878
64$1,267,292$0$0$1,044,193
65$1,287,433$0$0$1,060,521
66$1,306,192$0$0$1,075,673
67$1,323,318$0$0$1,089,441
68$1,338,534$0$0$1,101,590
69$1,351,529$0$0$1,111,861
70$1,361,959$0$0$1,119,964
71$1,369,439$0$0$1,125,576
72$1,373,541$0$0$1,128,339
73$1,373,790$0$0$1,127,854
74$1,369,660$0$0$1,123,679
75$1,360,564$0$0$1,115,323
76$1,345,854$0$0$1,102,241
77$1,324,808$0$0$1,083,829
78$1,296,628$0$0$1,059,417
79$1,260,430$0$0$1,028,265
80$1,215,233$0$0$989,549
81$1,159,953$0$0$942,361
82$1,093,388$0$0$885,695
83$1,014,209$0$0$818,435
84$920,948$0$0$739,350
85$811,977$0$0$647,079
86$685,500$0$0$540,113
87$539,529$0$0$416,788
88$371,868$0$0$275,264
89$180,091$0$0$113,507
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