Can I retire at age 30 with 476,000?

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 $476,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$39,308$38,958$38,616$38,282$37,957$36,480
2 years$19,459$19,097$18,746$18,405$18,075$16,604
3 years$12,844$12,480$12,130$11,792$11,467$10,050
4 years$9,537$9,174$8,827$8,496$8,179$6,825
5 years$7,553$7,193$6,850$6,525$6,217$4,931
6 years$6,231$5,873$5,536$5,218$4,919$3,702
7 years$5,287$4,932$4,601$4,290$4,001$2,851
8 years$4,580$4,228$3,902$3,599$3,319$2,236
9 years$4,030$3,681$3,360$3,066$2,795$1,777
10 years$3,590$3,245$2,930$2,643$2,382$1,426
11 years$3,230$2,889$2,579$2,300$2,048$1,154
12 years$2,931$2,593$2,289$2,017$1,775$939
13 years$2,678$2,343$2,045$1,781$1,548$768
14 years$2,461$2,130$1,838$1,581$1,357$631
15 years$2,273$1,946$1,659$1,410$1,195$519
16 years$2,109$1,785$1,504$1,262$1,056$429
17 years$1,964$1,644$1,369$1,134$936$355
18 years$1,836$1,519$1,249$1,022$832$294
19 years$1,721$1,408$1,144$924$742$244
20 years$1,618$1,308$1,050$837$663$203
21 years$1,525$1,219$966$759$593$169
22 years$1,440$1,138$890$690$532$140
23 years$1,363$1,064$822$629$477$117
24 years$1,292$997$760$573$429$97
25 years$1,227$935$704$524$386$81
26 years$1,167$879$653$479$348$68
27 years$1,112$827$606$438$313$56
28 years$1,061$780$564$402$283$47
29 years$1,013$736$524$368$255$39
30 years$969$695$488$338$231$33
31 years$928$657$455$310$209$27
32 years$889$621$425$285$189$23
33 years$852$588$397$262$171$19
34 years$818$558$371$241$155$16
35 years$786$529$347$222$140$13
36 years$756$502$324$205$127$11
37 years$727$477$303$189$115$9
38 years$700$453$284$174$104$8
39 years$675$431$266$160$95$6
40 years$651$410$250$148$86$5
41 years$628$390$234$136$78$5
42 years$606$372$219$126$71$4
43 years$585$354$206$116$64$3
44 years$566$338$193$107$58$3
45 years$547$322$182$99$53$2
46 years$529$307$170$91$48$2
47 years$512$293$160$85$44$2
48 years$495$280$151$78$40$1
49 years$480$267$141$72$36$1
50 years$465$255$133$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $476,000, adding $4,035 every year, while hoping to spend $39,886 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: 56/23/21 Blend
29$476,000$476,000$476,000$476,000
30$528,714$503,486$496,108$555,115
31$540,205$485,719$470,289$555,830
32$551,530$465,744$442,269$552,020
33$562,632$443,411$411,931$547,002
34$573,444$418,561$379,154$540,673
35$583,892$391,027$343,812$532,917
36$593,892$360,631$305,773$523,613
37$603,351$327,184$264,898$512,627
38$612,164$290,487$221,044$499,816
39$620,216$250,332$174,059$485,024
40$627,375$206,496$123,788$468,085
41$633,498$158,744$70,065$448,816
42$638,422$106,830$12,720$427,021
43$641,968$50,492$0$402,487
44$643,936$0$0$385,847
45$644,105$0$0$372,406
46$642,227$0$0$370,457
47$638,028$0$0$367,051
48$631,206$0$0$362,000
49$621,423$0$0$355,096
50$608,306$0$0$346,107
51$591,441$0$0$334,776
52$570,370$0$0$320,821
53$544,586$0$0$303,928
54$513,527$0$0$283,748
55$476,572$0$0$259,898
56$433,034$0$0$231,952
57$382,152$0$0$199,440
58$323,086$0$0$161,843
59$254,906$0$0$118,586
60$176,587$0$0$69,033
61$86,993$0$0$12,485
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0