Can I retire at age 30 with 478,000?

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 $478,000?

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$39,473$39,121$38,778$38,443$38,116$37,439
2 years$19,541$19,177$18,824$18,482$18,151$17,470
3 years$12,898$12,532$12,181$11,842$11,516$10,854
4 years$9,577$9,213$8,864$8,531$8,213$7,575
5 years$7,585$7,223$6,879$6,553$6,243$5,630
6 years$6,257$5,898$5,559$5,240$4,940$4,353
7 years$5,310$4,953$4,620$4,308$4,018$3,457
8 years$4,599$4,246$3,918$3,614$3,333$2,798
9 years$4,047$3,697$3,375$3,079$2,807$2,298
10 years$3,605$3,258$2,942$2,654$2,392$1,908
11 years$3,244$2,901$2,590$2,310$2,057$1,598
12 years$2,943$2,604$2,299$2,026$1,782$1,348
13 years$2,689$2,353$2,054$1,788$1,554$1,143
14 years$2,471$2,139$1,845$1,588$1,363$974
15 years$2,283$1,954$1,666$1,416$1,200$833
16 years$2,118$1,793$1,510$1,268$1,060$715
17 years$1,972$1,651$1,374$1,139$940$615
18 years$1,843$1,525$1,255$1,027$836$531
19 years$1,728$1,414$1,149$928$745$459
20 years$1,625$1,314$1,054$840$665$397
21 years$1,531$1,224$970$762$596$344
22 years$1,446$1,142$894$693$534$299
23 years$1,368$1,068$825$631$479$260
24 years$1,298$1,001$763$576$431$226
25 years$1,232$939$707$526$388$196
26 years$1,172$883$656$481$349$171
27 years$1,117$831$609$440$315$149
28 years$1,065$783$566$403$284$130
29 years$1,018$739$527$370$256$113
30 years$973$698$491$339$232$99
31 years$931$659$457$312$209$86
32 years$893$624$427$286$190$75
33 years$856$591$398$263$172$66
34 years$822$560$372$242$155$58
35 years$790$531$348$223$141$50
36 years$759$504$326$205$127$44
37 years$731$479$305$189$115$38
38 years$703$455$285$174$105$34
39 years$678$433$267$161$95$29
40 years$654$412$251$148$86$26
41 years$630$392$235$137$78$22
42 years$609$373$220$126$71$20
43 years$588$356$207$117$64$17
44 years$568$339$194$108$58$15
45 years$549$323$182$99$53$13
46 years$531$308$171$92$48$11
47 years$514$294$161$85$44$10
48 years$497$281$151$78$40$9
49 years$482$268$142$72$36$8
50 years$467$256$134$67$33$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $478,000, adding $3,438 every year, while hoping to spend $34,213 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: 28/49/23 Blend
29$478,000$478,000$478,000$478,000
30$530,302$504,968$497,559$541,247
31$547,991$493,309$477,825$538,430
32$566,337$479,932$456,283$532,163
33$585,371$464,717$432,837$524,714
34$605,127$447,537$407,385$516,002
35$625,640$428,256$379,822$505,945
36$646,947$406,732$350,038$494,454
37$669,088$382,814$317,916$481,437
38$692,106$356,343$283,338$466,797
39$716,047$327,150$246,176$450,432
40$740,961$295,058$206,300$432,233
41$766,900$259,877$163,572$412,088
42$793,922$221,408$117,850$389,878
43$822,086$179,442$68,982$365,479
44$851,460$133,755$16,814$338,759
45$882,114$84,114$0$309,581
46$914,124$30,271$0$287,337
47$947,573$0$0$267,363
48$982,551$0$0$260,532
49$1,019,154$0$0$270,483
50$1,057,487$0$0$280,925
51$1,097,662$0$0$291,892
52$1,139,803$0$0$303,421
53$1,184,043$0$0$315,551
54$1,230,526$0$0$328,325
55$1,279,412$0$0$341,791
56$1,330,869$0$0$356,000
57$1,385,085$0$0$371,007
58$1,442,264$0$0$386,874
59$1,502,625$0$0$403,668
60$1,566,410$0$0$421,460
61$1,633,883$0$0$440,330
62$1,705,330$0$0$460,366
63$1,781,067$0$0$481,661
64$1,861,434$0$0$504,320
65$1,946,808$0$0$528,457
66$2,037,599$0$0$554,196
67$2,134,256$0$0$581,672
68$2,237,269$0$0$611,037
69$2,347,177$0$0$642,452
70$2,464,569$0$0$676,098
71$2,590,092$0$0$712,172
72$2,724,453$0$0$750,889
73$2,868,430$0$0$792,487
74$3,022,874$0$0$837,225
75$3,188,720$0$0$885,390
76$3,366,994$0$0$937,295
77$3,558,822$0$0$993,284
78$3,765,441$0$0$1,053,736
79$3,988,209$0$0$1,119,068
80$4,228,618$0$0$1,189,735
81$4,488,308$0$0$1,266,241
82$4,769,080$0$0$1,349,138
83$5,072,914$0$0$1,439,033
84$5,401,987$0$0$1,536,594
85$5,758,692$0$0$1,642,557
86$6,145,660$0$0$1,757,728
87$6,565,786$0$0$1,882,996
88$7,022,252$0$0$2,019,341
89$7,518,561$0$0$2,167,838
90$8,058,565$0$0$2,329,670
91$8,646,502$0$0$2,506,143
92$9,287,037$0$0$2,698,688
93$9,985,301$0$0$2,908,887
94$10,746,945$0$0$3,138,476
95$11,578,186$0$0$3,389,369
96$12,485,867$0$0$3,663,673
97$13,477,523$0$0$3,963,706
98$14,561,448$0$0$4,292,022
99$15,746,773$0$0$4,651,432
100$17,043,554$0$0$5,045,034