Can I retire at age 30 with 484,000?

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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$39,968$39,612$39,265$38,926$38,595$38,176
2 years$19,786$19,418$19,061$18,714$18,378$17,957
3 years$13,060$12,690$12,333$11,990$11,660$11,248
4 years$9,697$9,328$8,976$8,638$8,316$7,918
5 years$7,680$7,313$6,965$6,635$6,322$5,938
6 years$6,336$5,972$5,629$5,306$5,002$4,634
7 years$5,376$5,015$4,678$4,363$4,068$3,715
8 years$4,657$4,299$3,967$3,660$3,375$3,037
9 years$4,097$3,743$3,417$3,117$2,842$2,519
10 years$3,650$3,299$2,979$2,687$2,422$2,113
11 years$3,285$2,937$2,623$2,339$2,083$1,789
12 years$2,980$2,636$2,328$2,051$1,805$1,525
13 years$2,723$2,382$2,079$1,811$1,574$1,308
14 years$2,502$2,166$1,868$1,608$1,380$1,127
15 years$2,311$1,978$1,687$1,434$1,215$976
16 years$2,144$1,815$1,529$1,284$1,074$847
17 years$1,997$1,672$1,392$1,153$952$738
18 years$1,867$1,545$1,270$1,039$846$644
19 years$1,750$1,432$1,163$939$754$564
20 years$1,645$1,330$1,067$851$674$494
21 years$1,550$1,239$982$772$603$434
22 years$1,464$1,157$905$702$541$381
23 years$1,386$1,082$835$639$485$336
24 years$1,314$1,014$773$583$436$296
25 years$1,248$951$716$532$392$261
26 years$1,187$894$664$487$353$230
27 years$1,131$841$616$446$319$204
28 years$1,079$793$573$408$288$180
29 years$1,030$748$533$374$260$159
30 years$985$706$497$344$235$141
31 years$943$668$463$316$212$125
32 years$904$632$432$290$192$110
33 years$867$598$403$267$174$98
34 years$832$567$377$245$157$87
35 years$799$538$352$226$142$77
36 years$769$510$330$208$129$68
37 years$740$485$309$192$117$60
38 years$712$461$289$177$106$54
39 years$686$438$271$163$96$47
40 years$662$417$254$150$87$42
41 years$638$397$238$139$79$37
42 years$616$378$223$128$72$33
43 years$595$360$209$118$65$29
44 years$575$343$197$109$59$26
45 years$556$327$185$101$54$23
46 years$538$312$173$93$49$21
47 years$520$298$163$86$44$18
48 years$504$284$153$79$40$16
49 years$488$272$144$73$37$14
50 years$473$259$135$68$33$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $484,000, adding $4,599 every year, while hoping to spend $26,769 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: 65/25/10 Blend
29$484,000$484,000$484,000$484,000
30$538,112$512,460$504,958$571,641
31$564,517$509,088$493,392$591,197
32$592,719$504,655$480,541$608,980
33$622,872$499,078$466,335$627,724
34$655,145$492,274$450,698$647,519
35$689,726$484,151$433,552$668,468
36$726,819$474,615$414,817$690,683
37$766,647$463,564$394,406$714,290
38$809,457$450,890$372,231$739,428
39$855,519$436,481$348,198$766,251
40$905,129$420,217$322,210$794,930
41$958,614$401,969$294,165$825,654
42$1,016,331$381,603$263,958$858,634
43$1,078,672$358,978$231,476$894,102
44$1,146,071$333,942$196,605$932,317
45$1,219,002$306,337$159,223$973,565
46$1,297,987$275,994$119,204$1,018,162
47$1,383,600$242,736$76,415$1,066,459
48$1,476,471$206,374$30,720$1,118,845
49$1,577,296$166,711$0$1,175,751
50$1,686,837$123,536$0$1,239,577
51$1,805,933$76,629$0$1,312,550
52$1,935,509$25,754$0$1,391,987
53$2,076,581$0$0$1,478,553
54$2,230,267$0$0$1,581,050
55$2,397,799$0$0$1,700,534
56$2,580,529$0$0$1,830,888
57$2,779,951$0$0$1,973,181
58$2,997,704$0$0$2,128,587
59$3,235,595$0$0$2,298,400
60$3,495,612$0$0$2,484,044
61$3,779,946$0$0$2,687,087
62$4,091,008$0$0$2,909,255
63$4,431,451$0$0$3,152,449
64$4,804,198$0$0$3,418,761
65$5,212,470$0$0$3,710,498
66$5,659,809$0$0$4,030,196
67$6,150,121$0$0$4,380,653
68$6,687,705$0$0$4,764,947
69$7,277,295$0$0$5,186,469
70$7,924,109$0$0$5,648,954
71$8,633,890$0$0$6,156,517
72$9,412,966$0$0$6,713,689
73$10,268,309$0$0$7,325,463
74$11,207,595$0$0$7,997,338
75$12,239,285$0$0$8,735,372
76$13,372,695$0$0$9,546,237
77$14,618,091$0$0$10,437,286
78$15,986,780$0$0$11,416,618
79$17,491,222$0$0$12,493,157
80$19,145,141$0$0$13,676,731
81$20,963,659$0$0$14,978,172
82$22,963,436$0$0$16,409,412
83$25,162,826$0$0$17,983,598
84$27,582,054$0$0$19,715,214
85$30,243,401$0$0$21,620,219
86$33,171,416$0$0$23,716,198
87$36,393,149$0$0$26,022,524
88$39,938,404$0$0$28,560,545
89$43,840,019$0$0$31,353,780
90$48,134,178$0$0$34,428,148
91$52,860,749$0$0$37,812,205
92$58,063,662$0$0$41,537,415
93$63,791,322$0$0$45,638,450
94$70,097,066$0$0$50,153,513
95$77,039,666$0$0$55,124,702
96$84,683,881$0$0$60,598,400
97$93,101,070$0$0$66,625,722
98$102,369,865$0$0$73,262,988
99$112,576,910$0$0$80,572,262
100$123,817,681$0$0$88,621,929