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%13.6%
1 years$40,133$39,776$39,427$39,087$38,754$38,175
2 years$19,868$19,498$19,139$18,792$18,454$17,872
3 years$13,114$12,742$12,384$12,040$11,708$11,141
4 years$9,737$9,367$9,013$8,674$8,350$7,803
5 years$7,712$7,344$6,994$6,663$6,348$5,821
6 years$6,362$5,997$5,652$5,328$5,023$4,518
7 years$5,398$5,036$4,697$4,381$4,085$3,602
8 years$4,676$4,317$3,984$3,675$3,389$2,927
9 years$4,114$3,759$3,431$3,130$2,854$2,414
10 years$3,665$3,313$2,991$2,698$2,432$2,013
11 years$3,298$2,949$2,633$2,348$2,091$1,693
12 years$2,992$2,647$2,337$2,060$1,812$1,435
13 years$2,734$2,392$2,088$1,818$1,580$1,222
14 years$2,512$2,175$1,876$1,614$1,385$1,047
15 years$2,321$1,986$1,694$1,440$1,220$900
16 years$2,153$1,823$1,536$1,289$1,078$776
17 years$2,005$1,678$1,397$1,158$956$671
18 years$1,874$1,551$1,276$1,044$850$582
19 years$1,757$1,437$1,168$943$758$505
20 years$1,652$1,336$1,072$854$677$440
21 years$1,557$1,244$986$775$606$383
22 years$1,470$1,161$909$705$543$334
23 years$1,391$1,086$839$642$487$292
24 years$1,319$1,018$776$585$438$255
25 years$1,253$955$719$535$394$223
26 years$1,192$898$666$489$355$196
27 years$1,135$845$619$447$320$171
28 years$1,083$796$575$410$289$150
29 years$1,035$751$535$376$261$132
30 years$989$709$499$345$236$116
31 years$947$670$465$317$213$102
32 years$907$634$434$291$193$89
33 years$870$601$405$268$174$78
34 years$836$569$378$246$158$69
35 years$803$540$354$227$143$61
36 years$772$513$331$209$130$53
37 years$743$487$310$192$117$47
38 years$715$463$290$177$106$41
39 years$689$440$272$164$97$36
40 years$664$419$255$151$88$32
41 years$641$398$239$139$79$28
42 years$619$379$224$128$72$25
43 years$598$362$210$119$65$22
44 years$577$345$197$110$59$19
45 years$558$329$185$101$54$17
46 years$540$314$174$93$49$15
47 years$522$299$164$86$44$13
48 years$506$286$154$80$40$11
49 years$490$273$144$74$37$10
50 years$475$261$136$68$33$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $486,000, adding $3,871 every year, while hoping to spend $28,912 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: 81/5/14 Blend
29$486,000$486,000$486,000$486,000
30$539,565$513,807$506,274$581,470
31$563,838$508,221$492,472$603,967
32$589,619$501,393$477,239$624,503
33$617,029$493,231$460,495$646,210
34$646,204$483,637$442,160$669,188
35$677,292$472,510$422,148$693,554
36$710,454$459,741$400,367$719,432
37$745,866$445,215$376,726$746,961
38$783,724$428,809$351,125$776,294
39$824,239$410,396$323,463$807,598
40$867,644$389,839$293,632$841,060
41$914,196$366,993$261,521$876,883
42$964,175$341,706$227,013$915,295
43$1,017,889$313,818$189,986$956,543
44$1,075,676$283,157$150,312$1,000,902
45$1,137,906$249,543$107,860$1,048,675
46$1,204,989$212,787$62,489$1,100,196
47$1,277,370$172,687$14,055$1,155,833
48$1,355,543$129,029$0$1,215,992
49$1,440,048$81,591$0$1,286,742
50$1,531,479$30,136$0$1,365,564
51$1,630,490$0$0$1,450,923
52$1,737,797$0$0$1,544,857
53$1,854,191$0$0$1,648,553
54$1,980,540$0$0$1,761,129
55$2,117,800$0$0$1,883,437
56$2,267,020$0$0$2,016,415
57$2,429,356$0$0$2,161,094
58$2,606,081$0$0$2,318,608
59$2,798,592$0$0$2,490,208
60$3,008,431$0$0$2,677,266
61$3,237,291$0$0$2,881,295
62$3,487,038$0$0$3,103,960
63$3,759,725$0$0$3,347,094
64$4,057,611$0$0$3,612,713
65$4,383,186$0$0$3,903,037
66$4,739,187$0$0$4,220,513
67$5,128,631$0$0$4,567,830
68$5,554,840$0$0$4,947,955
69$6,021,468$0$0$5,364,149
70$6,532,545$0$0$5,820,008
71$7,092,502$0$0$6,319,488
72$7,706,225$0$0$6,866,950
73$8,379,092$0$0$7,467,193
74$9,117,026$0$0$8,125,505
75$9,926,553$0$0$8,847,710
76$10,814,858$0$0$9,640,222
77$11,789,859$0$0$10,510,106
78$12,860,273$0$0$11,465,147
79$14,035,707$0$0$12,513,916
80$15,326,742$0$0$13,665,858
81$16,745,032$0$0$14,931,377
82$18,303,420$0$0$16,321,934
83$20,016,051$0$0$17,850,157
84$21,898,509$0$0$19,529,955
85$23,967,964$0$0$21,376,653
86$26,243,331$0$0$23,407,136
87$28,745,451$0$0$25,640,005
88$31,497,283$0$0$28,095,755
89$34,524,126$0$0$30,796,966
90$37,853,852$0$0$33,768,517
91$41,517,171$0$0$37,037,820
92$45,547,918$0$0$40,635,076
93$49,983,374$0$0$44,593,564
94$54,864,619$0$0$48,949,949
95$60,236,914$0$0$53,744,632
96$66,150,130$0$0$59,022,130
97$72,659,219$0$0$64,831,492
98$79,824,731$0$0$71,226,765
99$87,713,385$0$0$78,267,504
100$96,398,697$0$0$86,019,330