Can I retire at age 30 with 481,000?

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 $481,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$39,721$39,367$39,022$38,685$38,356$38,114
2 years$19,664$19,297$18,942$18,598$18,265$18,021
3 years$12,979$12,611$12,257$11,916$11,588$11,349
4 years$9,637$9,270$8,920$8,585$8,265$8,033
5 years$7,633$7,268$6,922$6,594$6,283$6,059
6 years$6,297$5,935$5,594$5,273$4,971$4,756
7 years$5,343$4,984$4,649$4,335$4,043$3,836
8 years$4,628$4,272$3,943$3,637$3,354$3,156
9 years$4,072$3,720$3,396$3,098$2,825$2,635
10 years$3,628$3,279$2,960$2,670$2,407$2,225
11 years$3,264$2,919$2,606$2,324$2,070$1,896
12 years$2,962$2,620$2,313$2,038$1,794$1,628
13 years$2,706$2,368$2,067$1,800$1,564$1,406
14 years$2,487$2,152$1,857$1,598$1,371$1,221
15 years$2,297$1,966$1,676$1,425$1,207$1,064
16 years$2,131$1,804$1,520$1,276$1,067$931
17 years$1,985$1,661$1,383$1,146$946$817
18 years$1,855$1,535$1,263$1,033$841$719
19 years$1,739$1,423$1,156$933$750$634
20 years$1,635$1,322$1,061$845$670$560
21 years$1,541$1,231$976$767$599$496
22 years$1,455$1,149$899$698$537$440
23 years$1,377$1,075$830$635$482$390
24 years$1,306$1,007$768$579$433$347
25 years$1,240$945$711$529$390$309
26 years$1,180$888$660$484$351$275
27 years$1,124$836$613$443$317$245
28 years$1,072$788$569$406$286$218
29 years$1,024$743$530$372$258$195
30 years$979$702$494$341$233$174
31 years$937$664$460$314$211$155
32 years$898$628$429$288$191$139
33 years$861$595$401$265$173$124
34 years$827$564$375$244$156$111
35 years$794$534$350$224$142$99
36 years$764$507$328$207$128$89
37 years$735$482$307$190$116$80
38 years$708$458$287$176$105$71
39 years$682$435$269$162$96$64
40 years$658$414$252$149$87$57
41 years$634$394$236$138$79$51
42 years$612$376$222$127$71$46
43 years$591$358$208$117$65$41
44 years$571$341$195$108$59$37
45 years$552$325$183$100$53$33
46 years$534$310$172$92$48$30
47 years$517$296$162$85$44$26
48 years$501$283$152$79$40$24
49 years$485$270$143$73$36$21
50 years$470$258$134$67$33$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $481,000, adding $3,240 every year, while hoping to spend $29,829 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: 80/14/6 Blend
29$481,000$481,000$481,000$481,000
30$533,404$507,911$500,456$575,572
31$556,073$501,061$485,483$596,796
32$580,055$492,875$469,009$615,806
33$605,452$483,257$450,952$635,756
34$632,376$472,104$431,226$656,727
35$660,948$459,308$409,743$678,805
36$691,304$444,752$386,408$702,084
37$723,588$428,316$361,123$726,669
38$757,960$409,871$333,788$752,677
39$794,597$389,279$304,294$780,235
40$833,689$366,397$272,532$809,485
41$875,447$341,072$238,383$840,582
42$920,102$313,143$201,728$873,698
43$967,904$282,440$162,438$909,022
44$1,019,132$248,781$120,381$946,765
45$1,074,089$211,977$75,420$987,157
46$1,133,109$171,826$27,408$1,030,455
47$1,196,556$128,116$0$1,076,939
48$1,264,833$80,622$0$1,128,447
49$1,338,381$29,107$0$1,185,769
50$1,417,683$0$0$1,247,539
51$1,503,271$0$0$1,318,297
52$1,595,731$0$0$1,399,589
53$1,695,704$0$0$1,487,498
54$1,803,897$0$0$1,582,647
55$1,921,085$0$0$1,685,718
56$2,048,121$0$0$1,797,464
57$2,185,945$0$0$1,918,713
58$2,335,587$0$0$2,050,372
59$2,498,183$0$0$2,193,443
60$2,674,982$0$0$2,349,027
61$2,867,356$0$0$2,518,333
62$3,076,818$0$0$2,702,694
63$3,305,030$0$0$2,903,577
64$3,553,822$0$0$3,122,593
65$3,825,210$0$0$3,361,518
66$4,121,409$0$0$3,622,308
67$4,444,860$0$0$3,907,112
68$4,798,250$0$0$4,218,299
69$5,184,536$0$0$4,558,475
70$5,606,974$0$0$4,930,512
71$6,069,150$0$0$5,337,570
72$6,575,011$0$0$5,783,128
73$7,128,905$0$0$6,271,019
74$7,735,618$0$0$6,805,461
75$8,400,422$0$0$7,391,103
76$9,129,123$0$0$8,033,062
77$9,928,114$0$0$8,736,976
78$10,804,439$0$0$9,509,051
79$11,765,855$0$0$10,356,126
80$12,820,905$0$0$11,285,734
81$13,979,000$0$0$12,306,170
82$15,250,508$0$0$13,426,573
83$16,646,847$0$0$14,657,010
84$18,180,598$0$0$16,008,571
85$19,865,618$0$0$17,493,472
86$21,717,174$0$0$19,125,172
87$23,752,084$0$0$20,918,497
88$25,988,878$0$0$22,889,782
89$28,447,969$0$0$25,057,023
90$31,151,845$0$0$27,440,045
91$34,125,286$0$0$30,060,693
92$37,395,590$0$0$32,943,032
93$40,992,835$0$0$36,113,579
94$44,950,161$0$0$39,601,547
95$49,304,080$0$0$43,439,126
96$54,094,821$0$0$47,661,783
97$59,366,713$0$0$52,308,594
98$65,168,596$0$0$57,422,617
99$71,554,285$0$0$63,051,295
100$78,583,076$0$0$69,246,902