Can I retire at age 30 with 486,000?

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 $486,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$40,133$39,776$39,427$39,087$38,754$38,270
2 years$19,868$19,498$19,139$18,792$18,454$17,967
3 years$13,114$12,742$12,384$12,040$11,708$11,233
4 years$9,737$9,367$9,013$8,674$8,350$7,891
5 years$7,712$7,344$6,994$6,663$6,348$5,906
6 years$6,362$5,997$5,652$5,328$5,023$4,598
7 years$5,398$5,036$4,697$4,381$4,085$3,678
8 years$4,676$4,317$3,984$3,675$3,389$3,000
9 years$4,114$3,759$3,431$3,130$2,854$2,483
10 years$3,665$3,313$2,991$2,698$2,432$2,078
11 years$3,298$2,949$2,633$2,348$2,091$1,754
12 years$2,992$2,647$2,337$2,060$1,812$1,492
13 years$2,734$2,392$2,088$1,818$1,580$1,276
14 years$2,512$2,175$1,876$1,614$1,385$1,097
15 years$2,321$1,986$1,694$1,440$1,220$947
16 years$2,153$1,823$1,536$1,289$1,078$820
17 years$2,005$1,678$1,397$1,158$956$712
18 years$1,874$1,551$1,276$1,044$850$620
19 years$1,757$1,437$1,168$943$758$541
20 years$1,652$1,336$1,072$854$677$473
21 years$1,557$1,244$986$775$606$414
22 years$1,470$1,161$909$705$543$363
23 years$1,391$1,086$839$642$487$318
24 years$1,319$1,018$776$585$438$280
25 years$1,253$955$719$535$394$246
26 years$1,192$898$666$489$355$216
27 years$1,135$845$619$447$320$191
28 years$1,083$796$575$410$289$168
29 years$1,035$751$535$376$261$148
30 years$989$709$499$345$236$131
31 years$947$670$465$317$213$115
32 years$907$634$434$291$193$102
33 years$870$601$405$268$174$90
34 years$836$569$378$246$158$79
35 years$803$540$354$227$143$70
36 years$772$513$331$209$130$62
37 years$743$487$310$192$117$55
38 years$715$463$290$177$106$48
39 years$689$440$272$164$97$43
40 years$664$419$255$151$88$38
41 years$641$398$239$139$79$33
42 years$619$379$224$128$72$30
43 years$598$362$210$119$65$26
44 years$577$345$197$110$59$23
45 years$558$329$185$101$54$20
46 years$540$314$174$93$49$18
47 years$522$299$164$86$44$16
48 years$506$286$154$80$40$14
49 years$490$273$144$74$37$13
50 years$475$261$136$68$33$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $486,000, adding $3,366 every year, while hoping to spend $35,636 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: 27/48/25 Blend
29$486,000$486,000$486,000$486,000
30$539,044$513,286$505,753$549,305
31$556,110$500,521$484,779$544,996
32$573,723$485,935$461,909$537,054
33$591,899$469,403$437,040$527,786
34$610,660$450,791$410,067$517,102
35$630,022$429,955$380,880$504,909
36$650,008$406,746$349,363$491,106
37$670,638$381,005$315,395$475,590
38$691,933$352,565$278,851$458,249
39$713,916$321,247$239,599$438,967
40$736,611$286,863$197,501$417,621
41$760,042$249,216$152,414$394,081
42$784,234$208,095$104,187$368,210
43$809,214$163,280$52,665$339,865
44$835,009$114,536$0$308,894
45$861,647$61,616$0$275,755
46$889,159$4,259$0$254,693
47$917,575$0$0$231,517
48$946,928$0$0$236,623
49$977,252$0$0$244,224
50$1,008,580$0$0$252,079
51$1,040,952$0$0$260,199
52$1,074,404$0$0$268,592
53$1,108,978$0$0$277,270
54$1,144,716$0$0$286,243
55$1,181,661$0$0$295,524
56$1,219,860$0$0$305,124
57$1,259,363$0$0$315,055
58$1,300,219$0$0$325,333
59$1,342,484$0$0$335,970
60$1,386,213$0$0$346,982
61$1,431,466$0$0$358,384
62$1,478,308$0$0$370,194
63$1,526,803$0$0$382,429
64$1,577,022$0$0$395,107
65$1,629,040$0$0$408,250
66$1,682,936$0$0$421,878
67$1,738,792$0$0$436,013
68$1,796,698$0$0$450,680
69$1,856,748$0$0$465,904
70$1,919,041$0$0$481,713
71$1,983,685$0$0$498,135
72$2,050,793$0$0$515,201
73$2,120,487$0$0$532,945
74$2,192,895$0$0$551,403
75$2,268,157$0$0$570,613
76$2,346,420$0$0$590,615
77$2,427,844$0$0$611,455
78$2,512,599$0$0$633,179
79$2,600,869$0$0$655,838
80$2,692,849$0$0$679,488
81$2,788,752$0$0$704,188
82$2,888,805$0$0$730,002
83$2,993,256$0$0$757,000
84$3,102,369$0$0$785,257
85$3,216,432$0$0$814,854
86$3,335,754$0$0$845,879
87$3,460,671$0$0$878,427
88$3,591,546$0$0$912,603
89$3,728,774$0$0$948,519
90$3,872,783$0$0$986,298
91$4,024,036$0$0$1,026,073
92$4,183,039$0$0$1,067,988
93$4,350,339$0$0$1,112,203
94$4,526,533$0$0$1,158,888
95$4,712,272$0$0$1,208,233
96$4,908,263$0$0$1,260,442
97$5,115,278$0$0$1,315,738
98$5,334,159$0$0$1,374,367
99$5,565,826$0$0$1,436,595
100$5,811,282$0$0$1,502,715