Can I retire at age 30 with 479,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$39,555$39,203$38,859$38,524$38,196$37,288
2 years$19,582$19,217$18,864$18,521$18,189$17,279
3 years$12,925$12,559$12,206$11,867$11,540$10,657
4 years$9,597$9,232$8,883$8,549$8,230$7,381
5 years$7,601$7,238$6,893$6,567$6,256$5,444
6 years$6,271$5,910$5,571$5,251$4,951$4,175
7 years$5,321$4,963$4,630$4,317$4,026$3,287
8 years$4,609$4,255$3,926$3,622$3,340$2,638
9 years$4,055$3,704$3,382$3,085$2,813$2,147
10 years$3,612$3,265$2,948$2,659$2,397$1,766
11 years$3,251$2,907$2,596$2,314$2,061$1,465
12 years$2,949$2,609$2,303$2,030$1,786$1,224
13 years$2,694$2,358$2,058$1,792$1,558$1,028
14 years$2,476$2,143$1,849$1,591$1,365$867
15 years$2,287$1,958$1,670$1,419$1,202$734
16 years$2,122$1,796$1,514$1,270$1,062$623
17 years$1,977$1,654$1,377$1,141$942$530
18 years$1,847$1,529$1,257$1,029$838$452
19 years$1,732$1,417$1,151$929$747$387
20 years$1,628$1,317$1,056$842$667$331
21 years$1,534$1,226$972$764$597$284
22 years$1,449$1,145$896$695$535$243
23 years$1,371$1,071$827$633$480$209
24 years$1,300$1,003$765$577$432$180
25 years$1,235$941$708$527$388$154
26 years$1,175$885$657$482$350$133
27 years$1,119$833$610$441$315$114
28 years$1,068$785$567$404$285$99
29 years$1,020$740$528$371$257$85
30 years$975$699$492$340$232$73
31 years$933$661$458$312$210$63
32 years$894$625$428$287$190$54
33 years$858$592$399$264$172$47
34 years$823$561$373$243$156$40
35 years$791$532$349$224$141$35
36 years$761$505$326$206$128$30
37 years$732$480$305$190$116$26
38 years$705$456$286$175$105$22
39 years$679$434$268$161$95$19
40 years$655$413$251$149$86$17
41 years$632$393$235$137$78$14
42 years$610$374$221$127$71$12
43 years$589$356$207$117$64$11
44 years$569$340$195$108$59$9
45 years$550$324$183$100$53$8
46 years$532$309$172$92$48$7
47 years$515$295$161$85$44$6
48 years$498$282$151$79$40$5
49 years$483$269$142$73$36$4
50 years$468$257$134$67$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $479,000, adding $5,957 every year, while hoping to spend $21,628 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: 58/36/6 Blend
29$479,000$479,000$479,000$479,000
30$534,003$508,616$501,191$563,981
31$565,459$510,526$494,969$586,720
32$599,399$511,805$487,814$608,510
33$636,053$512,398$479,671$631,716
34$675,674$512,250$470,484$656,475
35$718,542$511,299$460,194$682,940
36$764,961$509,481$448,738$711,277
37$815,268$506,727$436,052$741,671
38$869,834$502,964$422,068$774,328
39$929,065$498,117$406,715$809,475
40$993,408$492,104$389,919$847,361
41$1,063,356$484,837$371,602$888,265
42$1,139,451$476,226$351,682$932,492
43$1,222,287$466,174$330,076$980,382
44$1,312,521$454,577$306,694$1,032,309
45$1,410,874$441,327$281,444$1,088,689
46$1,518,140$426,309$254,229$1,149,978
47$1,635,192$409,401$224,949$1,216,684
48$1,762,994$390,473$193,496$1,289,365
49$1,902,603$369,390$159,762$1,368,641
50$2,055,186$346,007$123,631$1,455,194
51$2,222,025$320,172$84,983$1,549,781
52$2,404,534$291,723$43,693$1,653,236
53$2,604,268$260,489$0$1,766,480
54$2,822,942$226,291$0$1,890,557
55$3,062,440$188,938$0$2,029,554
56$3,324,842$148,229$0$2,181,923
57$3,612,435$103,951$0$2,349,046
58$3,927,738$55,879$0$2,532,449
59$4,273,528$3,778$0$2,733,816
60$4,652,861$0$0$2,955,008
61$5,069,104$0$0$3,218,914
62$5,525,966$0$0$3,510,258
63$6,027,532$0$0$3,830,155
64$6,578,302$0$0$4,181,480
65$7,183,233$0$0$4,567,400
66$7,847,786$0$0$4,991,405
67$8,577,978$0$0$5,457,340
68$9,380,435$0$0$5,969,440
69$10,262,460$0$0$6,532,370
70$11,232,095$0$0$7,151,272
71$12,298,203$0$0$7,831,809
72$13,470,549$0$0$8,580,221
73$14,759,888$0$0$9,403,382
74$16,178,072$0$0$10,308,867
75$17,738,162$0$0$11,305,021
76$19,454,542$0$0$12,401,039
77$21,343,067$0$0$13,607,053
78$23,421,203$0$0$14,934,224
79$25,708,194$0$0$16,394,854
80$28,225,247$0$0$18,002,494
81$30,995,725$0$0$19,772,078
82$34,045,375$0$0$21,720,059
83$37,402,563$0$0$23,864,567
84$41,098,549$0$0$26,225,581
85$45,167,774$0$0$28,825,114
86$49,648,191$0$0$31,687,421
87$54,581,620$0$0$34,839,231
88$60,014,141$0$0$38,309,996
89$65,996,534$0$0$42,132,170
90$72,584,751$0$0$46,341,514
91$79,840,447$0$0$50,977,435
92$87,831,565$0$0$56,083,356
93$96,632,969$0$0$61,707,127
94$106,327,158$0$0$67,901,475
95$117,005,039$0$0$74,724,504
96$128,766,788$0$0$82,240,240
97$141,722,794$0$0$90,519,237
98$155,994,699$0$0$99,639,242
99$171,716,547$0$0$109,685,929
100$189,036,052$0$0$120,753,709