Can I retire at age 30 with 483,000?

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 $483,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$39,886$39,530$39,184$38,845$38,515$37,149
2 years$19,745$19,378$19,021$18,676$18,341$16,978
3 years$13,033$12,664$12,308$11,966$11,636$10,321
4 years$9,677$9,309$8,957$8,621$8,299$7,041
5 years$7,664$7,298$6,951$6,621$6,309$5,111
6 years$6,323$5,960$5,617$5,295$4,992$3,856
7 years$5,365$5,005$4,668$4,354$4,060$2,985
8 years$4,647$4,290$3,959$3,652$3,368$2,353
9 years$4,089$3,735$3,410$3,111$2,836$1,881
10 years$3,643$3,293$2,973$2,681$2,417$1,518
11 years$3,278$2,931$2,617$2,334$2,078$1,236
12 years$2,974$2,631$2,323$2,047$1,801$1,012
13 years$2,717$2,378$2,075$1,807$1,571$833
14 years$2,497$2,161$1,865$1,604$1,377$688
15 years$2,306$1,974$1,683$1,431$1,212$570
16 years$2,140$1,811$1,526$1,281$1,071$474
17 years$1,993$1,668$1,389$1,151$950$395
18 years$1,863$1,541$1,268$1,037$845$329
19 years$1,746$1,429$1,161$937$753$275
20 years$1,642$1,328$1,065$849$672$230
21 years$1,547$1,237$980$770$602$193
22 years$1,461$1,154$903$700$539$161
23 years$1,383$1,080$834$638$484$135
24 years$1,311$1,011$771$582$435$114
25 years$1,245$949$714$531$392$95
26 years$1,185$892$662$486$353$80
27 years$1,128$840$615$445$318$67
28 years$1,077$791$572$407$287$57
29 years$1,028$746$532$374$259$48
30 years$983$705$496$343$234$40
31 years$941$666$462$315$212$34
32 years$902$630$431$289$191$28
33 years$865$597$403$266$173$24
34 years$830$566$376$245$157$20
35 years$798$537$352$225$142$17
36 years$767$509$329$208$129$14
37 years$738$484$308$191$117$12
38 years$711$460$288$176$106$10
39 years$685$437$270$163$96$8
40 years$660$416$253$150$87$7
41 years$637$396$237$138$79$6
42 years$615$377$223$128$72$5
43 years$594$359$209$118$65$4
44 years$574$343$196$109$59$4
45 years$555$327$184$101$54$3
46 years$537$312$173$93$49$3
47 years$519$297$163$86$44$2
48 years$503$284$153$79$40$2
49 years$487$271$144$73$36$2
50 years$472$259$135$68$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $483,000, adding $4,476 every year, while hoping to spend $27,757 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: 75/9/16 Blend
29$483,000$483,000$483,000$483,000
30$536,883$511,284$503,797$574,914
31$562,112$506,804$491,141$596,196
32$588,984$501,174$477,131$615,637
33$617,637$494,308$461,692$636,201
34$648,223$486,116$444,746$657,990
35$680,908$476,502$426,211$681,119
36$715,873$465,363$406,002$705,716
37$753,319$452,593$384,029$731,919
38$793,463$438,075$360,200$759,884
39$836,547$421,691$334,417$789,782
40$882,832$403,312$306,578$821,801
41$932,609$382,802$276,576$856,151
42$986,194$360,019$244,301$893,060
43$1,043,937$334,811$209,636$932,786
44$1,106,220$307,018$172,460$975,607
45$1,173,463$276,470$132,646$1,021,836
46$1,246,129$242,990$90,062$1,071,816
47$1,324,726$206,388$44,571$1,125,926
48$1,409,811$166,465$0$1,184,585
49$1,501,999$123,009$0$1,248,934
50$1,601,965$75,797$0$1,326,969
51$1,710,449$24,596$0$1,411,665
52$1,828,270$0$0$1,503,673
53$1,956,324$0$0$1,606,764
54$2,095,598$0$0$1,721,555
55$2,247,180$0$0$1,846,508
56$2,412,266$0$0$1,982,612
57$2,592,170$0$0$2,130,952
58$2,788,340$0$0$2,292,725
59$3,002,371$0$0$2,469,249
60$3,236,016$0$0$2,661,971
61$3,491,206$0$0$2,872,489
62$3,770,066$0$0$3,102,558
63$4,074,937$0$0$3,354,111
64$4,408,395$0$0$3,629,279
65$4,773,277$0$0$3,930,405
66$5,172,706$0$0$4,260,070
67$5,610,123$0$0$4,621,117
68$6,089,314$0$0$5,016,676
69$6,614,453$0$0$5,450,194
70$7,190,133$0$0$5,925,469
71$7,821,414$0$0$6,446,682
72$8,513,868$0$0$7,018,438
73$9,273,636$0$0$7,645,810
74$10,107,477$0$0$8,334,386
75$11,022,840$0$0$9,090,320
76$12,027,928$0$0$9,920,394
77$13,131,780$0$0$10,832,076
78$14,344,349$0$0$11,833,592
79$15,676,605$0$0$12,934,008
80$17,140,628$0$0$14,143,308
81$18,749,729$0$0$15,472,493
82$20,518,573$0$0$16,933,681
83$22,463,314$0$0$18,540,224
84$24,601,752$0$0$20,306,834
85$26,953,497$0$0$22,249,715
86$29,540,154$0$0$24,386,726
87$32,385,528$0$0$26,737,540
88$35,515,848$0$0$29,323,832
89$38,960,010$0$0$32,169,487
90$42,749,856$0$0$35,300,819
91$46,920,467$0$0$38,746,823
92$51,510,500$0$0$42,539,448
93$56,562,547$0$0$46,713,894
94$62,123,539$0$0$51,308,950
95$68,245,188$0$0$56,367,354
96$74,984,474$0$0$61,936,199
97$82,404,183$0$0$68,067,376
98$90,573,498$0$0$74,818,065
99$99,568,651$0$0$82,251,270
100$109,473,646$0$0$90,436,418