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%16.4%
1 years$39,473$39,121$38,778$38,443$38,116$37,120
2 years$19,541$19,177$18,824$18,482$18,151$17,153
3 years$12,898$12,532$12,181$11,842$11,516$10,549
4 years$9,577$9,213$8,864$8,531$8,213$7,284
5 years$7,585$7,223$6,879$6,553$6,243$5,355
6 years$6,257$5,898$5,559$5,240$4,940$4,093
7 years$5,310$4,953$4,620$4,308$4,018$3,212
8 years$4,599$4,246$3,918$3,614$3,333$2,569
9 years$4,047$3,697$3,375$3,079$2,807$2,083
10 years$3,605$3,258$2,942$2,654$2,392$1,707
11 years$3,244$2,901$2,590$2,310$2,057$1,411
12 years$2,943$2,604$2,299$2,026$1,782$1,174
13 years$2,689$2,353$2,054$1,788$1,554$982
14 years$2,471$2,139$1,845$1,588$1,363$825
15 years$2,283$1,954$1,666$1,416$1,200$695
16 years$2,118$1,793$1,510$1,268$1,060$588
17 years$1,972$1,651$1,374$1,139$940$498
18 years$1,843$1,525$1,255$1,027$836$423
19 years$1,728$1,414$1,149$928$745$360
20 years$1,625$1,314$1,054$840$665$307
21 years$1,531$1,224$970$762$596$262
22 years$1,446$1,142$894$693$534$223
23 years$1,368$1,068$825$631$479$191
24 years$1,298$1,001$763$576$431$163
25 years$1,232$939$707$526$388$140
26 years$1,172$883$656$481$349$120
27 years$1,117$831$609$440$315$103
28 years$1,065$783$566$403$284$88
29 years$1,018$739$527$370$256$75
30 years$973$698$491$339$232$65
31 years$931$659$457$312$209$55
32 years$893$624$427$286$190$48
33 years$856$591$398$263$172$41
34 years$822$560$372$242$155$35
35 years$790$531$348$223$141$30
36 years$759$504$326$205$127$26
37 years$731$479$305$189$115$22
38 years$703$455$285$174$105$19
39 years$678$433$267$161$95$16
40 years$654$412$251$148$86$14
41 years$630$392$235$137$78$12
42 years$609$373$220$126$71$10
43 years$588$356$207$117$64$9
44 years$568$339$194$108$58$8
45 years$549$323$182$99$53$7
46 years$531$308$171$92$48$6
47 years$514$294$161$85$44$5
48 years$497$281$151$78$40$4
49 years$482$268$142$72$36$4
50 years$467$256$134$67$33$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $478,000, adding $4,186 every year, while hoping to spend $27,502 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: 39/37/24 Blend
29$478,000$478,000$478,000$478,000
30$531,074$505,740$498,331$547,859
31$555,981$501,259$485,763$555,922
32$582,508$495,637$471,852$561,751
33$610,789$488,789$456,525$567,508
34$640,975$480,624$439,703$573,205
35$673,227$471,048$421,307$578,853
36$707,726$459,959$401,250$584,470
37$744,667$447,251$379,445$590,077
38$784,267$432,809$355,800$595,699
39$826,760$416,514$330,217$601,367
40$872,406$398,240$302,596$607,118
41$921,489$377,852$272,831$612,998
42$974,322$355,208$240,811$619,056
43$1,031,247$330,157$206,423$625,355
44$1,092,642$302,542$169,546$631,963
45$1,158,919$272,195$130,053$638,964
46$1,230,533$238,937$87,815$646,452
47$1,307,985$202,582$42,694$654,533
48$1,391,822$162,931$0$663,333
49$1,482,649$119,776$0$674,390
50$1,581,130$72,896$0$698,226
51$1,687,994$22,057$0$724,119
52$1,804,045$0$0$752,319
53$1,930,164$0$0$796,534
54$2,067,325$0$0$854,443
55$2,216,594$0$0$917,524
56$2,379,149$0$0$986,280
57$2,556,282$0$0$1,061,267
58$2,749,419$0$0$1,143,096
59$2,960,126$0$0$1,232,440
60$3,190,129$0$0$1,330,038
61$3,441,327$0$0$1,436,705
62$3,715,809$0$0$1,553,340
63$4,015,877$0$0$1,680,928
64$4,344,066$0$0$1,820,560
65$4,703,166$0$0$1,973,431
66$5,096,247$0$0$2,140,860
67$5,526,694$0$0$2,324,301
68$5,998,230$0$0$2,525,353
69$6,514,960$0$0$2,745,778
70$7,081,401$0$0$2,987,514
71$7,702,529$0$0$3,252,701
72$8,383,825$0$0$3,543,691
73$9,131,327$0$0$3,863,078
74$9,951,682$0$0$4,213,717
75$10,852,215$0$0$4,598,753
76$11,840,996$0$0$5,021,654
77$12,926,910$0$0$5,486,236
78$14,119,749$0$0$5,996,705
79$15,430,297$0$0$6,557,695
80$16,870,437$0$0$7,174,309
81$18,453,258$0$0$7,852,172
82$20,193,181$0$0$8,597,478
83$22,106,093$0$0$9,417,053
84$24,209,498$0$0$10,318,418
85$26,522,681$0$0$11,309,858
86$29,066,889$0$0$12,400,502
87$31,865,532$0$0$13,600,409
88$34,944,401$0$0$14,920,660
89$38,331,915$0$0$16,373,467
90$42,059,386$0$0$17,972,284
91$46,161,314$0$0$19,731,934
92$50,675,713$0$0$21,668,754
93$55,644,467$0$0$23,800,739
94$61,113,729$0$0$26,147,723
95$67,134,352$0$0$28,731,558
96$73,762,370$0$0$31,576,322
97$81,059,526$0$0$34,708,547
98$89,093,853$0$0$38,157,470
99$97,940,318$0$0$41,955,306
100$107,681,528$0$0$46,137,552