Can I retire at age 30 with 481,000?

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 $481,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$39,721$39,367$39,022$38,685$38,356$37,550
2 years$19,664$19,297$18,942$18,598$18,265$17,457
3 years$12,979$12,611$12,257$11,916$11,588$10,803
4 years$9,637$9,270$8,920$8,585$8,265$7,509
5 years$7,633$7,268$6,922$6,594$6,283$5,558
6 years$6,297$5,935$5,594$5,273$4,971$4,279
7 years$5,343$4,984$4,649$4,335$4,043$3,383
8 years$4,628$4,272$3,943$3,637$3,354$2,726
9 years$4,072$3,720$3,396$3,098$2,825$2,228
10 years$3,628$3,279$2,960$2,670$2,407$1,840
11 years$3,264$2,919$2,606$2,324$2,070$1,534
12 years$2,962$2,620$2,313$2,038$1,794$1,287
13 years$2,706$2,368$2,067$1,800$1,564$1,086
14 years$2,487$2,152$1,857$1,598$1,371$920
15 years$2,297$1,966$1,676$1,425$1,207$783
16 years$2,131$1,804$1,520$1,276$1,067$668
17 years$1,985$1,661$1,383$1,146$946$572
18 years$1,855$1,535$1,263$1,033$841$490
19 years$1,739$1,423$1,156$933$750$421
20 years$1,635$1,322$1,061$845$670$362
21 years$1,541$1,231$976$767$599$312
22 years$1,455$1,149$899$698$537$269
23 years$1,377$1,075$830$635$482$232
24 years$1,306$1,007$768$579$433$201
25 years$1,240$945$711$529$390$174
26 years$1,180$888$660$484$351$150
27 years$1,124$836$613$443$317$130
28 years$1,072$788$569$406$286$113
29 years$1,024$743$530$372$258$98
30 years$979$702$494$341$233$85
31 years$937$664$460$314$211$73
32 years$898$628$429$288$191$64
33 years$861$595$401$265$173$55
34 years$827$564$375$244$156$48
35 years$794$534$350$224$142$42
36 years$764$507$328$207$128$36
37 years$735$482$307$190$116$31
38 years$708$458$287$176$105$27
39 years$682$435$269$162$96$24
40 years$658$414$252$149$87$21
41 years$634$394$236$138$79$18
42 years$612$376$222$127$71$15
43 years$591$358$208$117$65$13
44 years$571$341$195$108$59$12
45 years$552$325$183$100$53$10
46 years$534$310$172$92$48$9
47 years$517$296$162$85$44$8
48 years$501$283$152$79$40$7
49 years$485$270$143$73$36$6
50 years$470$258$134$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $481,000, adding $3,809 every year, while hoping to spend $20,571 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: 47/39/14 Blend
29$481,000$481,000$481,000$481,000
30$533,991$508,498$501,042$556,821
31$566,571$511,527$495,940$576,048
32$601,784$514,015$489,977$594,491
33$639,878$515,914$483,103$614,055
34$681,124$517,172$475,266$634,851
35$725,820$517,735$466,409$657,004
36$774,295$517,545$456,475$680,652
37$826,910$516,541$445,403$705,948
38$884,060$514,657$433,130$733,062
39$946,183$511,825$419,588$762,181
40$1,013,759$507,969$404,710$793,515
41$1,087,317$503,014$388,422$827,295
42$1,167,437$496,875$370,648$863,777
43$1,254,759$489,466$351,309$903,245
44$1,349,989$480,694$330,321$946,014
45$1,453,899$470,460$307,599$992,433
46$1,567,345$458,660$283,051$1,042,888
47$1,691,264$445,184$256,583$1,097,807
48$1,826,690$429,916$228,096$1,157,662
49$1,974,762$412,731$197,486$1,222,979
50$2,136,732$393,499$164,647$1,294,336
51$2,313,980$372,082$129,464$1,372,377
52$2,508,025$348,333$91,820$1,457,810
53$2,720,541$322,099$51,593$1,551,422
54$2,953,369$293,215$8,655$1,654,082
55$3,208,539$261,508$0$1,766,749
56$3,488,285$226,797$0$1,896,040
57$3,795,067$188,888$0$2,039,317
58$4,131,598$147,577$0$2,196,606
59$4,500,861$102,648$0$2,369,366
60$4,906,147$53,876$0$2,559,206
61$5,351,077$1,019$0$2,767,905
62$5,839,641$0$0$2,997,425
63$6,376,236$0$0$3,274,043
64$6,965,703$0$0$3,578,455
65$7,613,378$0$0$3,912,986
66$8,325,136$0$0$4,280,680
67$9,107,452$0$0$4,684,889
68$9,967,459$0$0$5,129,306
69$10,913,014$0$0$5,618,000
70$11,952,776$0$0$6,155,454
71$13,096,282$0$0$6,746,608
72$14,354,042$0$0$7,396,903
73$15,737,635$0$0$8,112,336
74$17,259,818$0$0$8,899,512
75$18,934,647$0$0$9,765,712
76$20,777,610$0$0$10,718,955
77$22,805,772$0$0$11,768,080
78$25,037,935$0$0$12,922,822
79$27,494,816$0$0$14,193,911
80$30,199,245$0$0$15,593,170
81$33,176,373$0$0$17,133,625
82$36,453,919$0$0$18,829,630
83$40,062,421$0$0$20,697,001
84$44,035,531$0$0$22,753,166
85$48,410,331$0$0$25,017,331
86$53,227,681$0$0$27,510,655
87$58,532,604$0$0$30,256,457
88$64,374,714$0$0$33,280,432
89$70,808,681$0$0$36,610,894
90$77,894,746$0$0$40,279,042
91$85,699,293$0$0$44,319,258
92$94,295,471$0$0$48,769,425
93$103,763,887$0$0$53,671,293
94$114,193,365$0$0$59,070,863
95$125,681,785$0$0$65,018,830
96$138,337,006$0$0$71,571,056
97$152,277,883$0$0$78,789,099
98$167,635,390$0$0$86,740,792
99$184,553,856$0$0$95,500,887
100$203,192,324$0$0$105,151,757