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%18.7%
1 years$39,886$39,530$39,184$38,845$38,515$37,163
2 years$19,745$19,378$19,021$18,676$18,341$16,993
3 years$13,033$12,664$12,308$11,966$11,636$10,335
4 years$9,677$9,309$8,957$8,621$8,299$7,054
5 years$7,664$7,298$6,951$6,621$6,309$5,123
6 years$6,323$5,960$5,617$5,295$4,992$3,867
7 years$5,365$5,005$4,668$4,354$4,060$2,995
8 years$4,647$4,290$3,959$3,652$3,368$2,363
9 years$4,089$3,735$3,410$3,111$2,836$1,890
10 years$3,643$3,293$2,973$2,681$2,417$1,526
11 years$3,278$2,931$2,617$2,334$2,078$1,243
12 years$2,974$2,631$2,323$2,047$1,801$1,018
13 years$2,717$2,378$2,075$1,807$1,571$839
14 years$2,497$2,161$1,865$1,604$1,377$693
15 years$2,306$1,974$1,683$1,431$1,212$575
16 years$2,140$1,811$1,526$1,281$1,071$478
17 years$1,993$1,668$1,389$1,151$950$399
18 years$1,863$1,541$1,268$1,037$845$333
19 years$1,746$1,429$1,161$937$753$278
20 years$1,642$1,328$1,065$849$672$233
21 years$1,547$1,237$980$770$602$195
22 years$1,461$1,154$903$700$539$164
23 years$1,383$1,080$834$638$484$137
24 years$1,311$1,011$771$582$435$115
25 years$1,245$949$714$531$392$97
26 years$1,185$892$662$486$353$82
27 years$1,128$840$615$445$318$69
28 years$1,077$791$572$407$287$58
29 years$1,028$746$532$374$259$49
30 years$983$705$496$343$234$41
31 years$941$666$462$315$212$34
32 years$902$630$431$289$191$29
33 years$865$597$403$266$173$24
34 years$830$566$376$245$157$21
35 years$798$537$352$225$142$17
36 years$767$509$329$208$129$15
37 years$738$484$308$191$117$12
38 years$711$460$288$176$106$10
39 years$685$437$270$163$96$9
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 $4,349 every year, while hoping to spend $30,045 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: 51/40/9 Blend
29$483,000$483,000$483,000$483,000
30$536,752$511,153$503,666$562,659
31$559,533$504,232$488,572$573,875
32$583,631$495,965$471,964$582,480
33$609,148$486,254$453,762$591,130
34$636,196$474,995$433,878$599,839
35$664,898$462,080$412,223$608,619
36$695,388$447,392$388,702$617,489
37$727,812$430,808$363,218$626,471
38$762,330$412,199$335,667$635,590
39$799,118$391,427$305,942$644,878
40$838,367$368,347$273,931$654,371
41$880,289$342,804$239,516$664,113
42$925,114$314,637$202,575$674,152
43$973,094$283,673$162,980$684,549
44$1,024,508$249,731$120,598$695,369
45$1,079,658$212,618$75,289$706,690
46$1,138,880$172,133$26,907$718,602
47$1,202,538$128,060$0$731,206
48$1,271,036$80,174$0$746,993
49$1,344,814$28,235$0$766,633
50$1,424,359$0$0$787,707
51$1,510,201$0$0$822,729
52$1,602,927$0$0$874,022
53$1,703,179$0$0$929,520
54$1,811,665$0$0$989,619
55$1,929,161$0$0$1,054,754
56$2,056,523$0$0$1,125,405
57$2,194,688$0$0$1,202,100
58$2,344,692$0$0$1,285,417
59$2,507,669$0$0$1,375,994
60$2,684,870$0$0$1,474,534
61$2,877,670$0$0$1,581,807
62$3,087,583$0$0$1,698,664
63$3,316,273$0$0$1,826,039
64$3,565,572$0$0$1,964,960
65$3,837,498$0$0$2,116,561
66$4,134,270$0$0$2,282,087
67$4,458,332$0$0$2,462,910
68$4,812,372$0$0$2,660,540
69$5,199,351$0$0$2,876,641
70$5,622,530$0$0$3,113,043
71$6,085,498$0$0$3,371,762
72$6,592,208$0$0$3,655,018
73$7,147,010$0$0$3,965,255
74$7,754,697$0$0$4,305,165
75$8,420,548$0$0$4,677,712
76$9,150,373$0$0$5,086,163
77$9,950,576$0$0$5,534,112
78$10,828,205$0$0$6,025,520
79$11,791,026$0$0$6,564,750
80$12,847,593$0$0$7,156,607
81$14,007,327$0$0$7,806,385
82$15,280,606$0$0$8,519,914
83$16,678,862$0$0$9,303,617
84$18,214,689$0$0$10,164,570
85$19,901,960$0$0$11,110,568
86$21,755,957$0$0$12,150,198
87$23,793,519$0$0$13,292,920
88$26,033,192$0$0$14,549,156
89$28,495,414$0$0$15,930,391
90$31,202,698$0$0$17,449,273
91$34,179,848$0$0$19,119,742
92$37,454,193$0$0$20,957,154
93$41,055,844$0$0$22,978,429
94$45,017,975$0$0$25,202,209
95$49,377,138$0$0$27,649,034
96$54,173,606$0$0$30,341,535
97$59,451,754$0$0$33,304,649
98$65,260,475$0$0$36,565,851
99$71,653,642$0$0$40,155,415
100$78,690,615$0$0$44,106,701