Can I retire at age 30 with 499,000?

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 $499,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$41,207$40,840$40,482$40,132$39,791$39,148
2 years$20,399$20,020$19,651$19,294$18,948$18,302
3 years$13,465$13,083$12,716$12,362$12,021$11,392
4 years$9,998$9,617$9,254$8,906$8,574$7,967
5 years$7,918$7,540$7,181$6,841$6,518$5,934
6 years$6,532$6,157$5,804$5,471$5,157$4,598
7 years$5,543$5,171$4,823$4,498$4,194$3,660
8 years$4,801$4,432$4,090$3,773$3,479$2,969
9 years$4,224$3,859$3,523$3,214$2,930$2,444
10 years$3,763$3,402$3,071$2,770$2,497$2,034
11 years$3,386$3,028$2,704$2,411$2,147$1,708
12 years$3,072$2,718$2,400$2,115$1,861$1,444
13 years$2,807$2,456$2,144$1,867$1,623$1,228
14 years$2,580$2,233$1,926$1,657$1,422$1,050
15 years$2,383$2,040$1,739$1,478$1,252$900
16 years$2,211$1,871$1,577$1,323$1,107$775
17 years$2,059$1,723$1,435$1,189$981$669
18 years$1,924$1,592$1,310$1,072$873$578
19 years$1,804$1,476$1,199$968$778$501
20 years$1,696$1,371$1,100$877$695$435
21 years$1,598$1,277$1,012$796$622$378
22 years$1,509$1,192$933$724$557$329
23 years$1,429$1,115$861$659$500$287
24 years$1,355$1,045$797$601$450$250
25 years$1,286$981$738$549$405$219
26 years$1,224$922$684$502$364$191
27 years$1,166$867$635$459$329$167
28 years$1,112$817$591$421$296$146
29 years$1,062$771$550$386$268$128
30 years$1,016$728$512$354$242$112
31 years$972$688$477$325$219$98
32 years$932$651$445$299$198$86
33 years$894$617$416$275$179$75
34 years$858$585$389$253$162$66
35 years$824$554$363$233$147$58
36 years$793$526$340$214$133$51
37 years$763$500$318$198$121$44
38 years$734$475$298$182$109$39
39 years$708$452$279$168$99$34
40 years$682$430$262$155$90$30
41 years$658$409$245$143$82$26
42 years$635$390$230$132$74$23
43 years$614$371$216$122$67$20
44 years$593$354$203$112$61$18
45 years$573$337$190$104$55$16
46 years$554$322$179$96$50$14
47 years$536$307$168$89$46$12
48 years$519$293$158$82$41$11
49 years$503$280$148$76$38$9
50 years$487$268$139$70$34$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $499,000, adding $4,246 every year, while hoping to spend $35,487 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: 48/38/14 Blend
29$499,000$499,000$499,000$499,000
30$554,278$527,831$520,096$578,531
31$573,056$515,937$499,762$583,826
32$592,561$502,270$477,556$585,568
33$612,828$486,707$453,380$586,676
34$633,897$469,116$427,129$587,101
35$655,809$449,358$398,693$586,796
36$678,610$427,285$367,958$585,708
37$702,348$402,742$334,804$583,785
38$727,075$375,563$299,107$580,969
39$752,846$345,575$260,736$577,202
40$779,721$312,594$219,556$572,422
41$807,765$276,423$175,424$566,566
42$837,048$236,859$128,192$559,568
43$867,645$193,683$77,704$551,358
44$899,637$146,666$23,799$541,863
45$933,112$95,565$0$531,011
46$968,166$40,124$0$523,761
47$1,004,901$0$0$519,118
48$1,043,430$0$0$521,800
49$1,083,874$0$0$542,244
50$1,126,364$0$0$563,740
51$1,171,044$0$0$586,364
52$1,218,070$0$0$610,197
53$1,267,611$0$0$635,328
54$1,319,853$0$0$661,853
55$1,374,996$0$0$689,878
56$1,433,259$0$0$719,518
57$1,494,883$0$0$750,899
58$1,560,129$0$0$784,156
59$1,629,283$0$0$819,441
60$1,702,655$0$0$856,917
61$1,780,588$0$0$896,763
62$1,863,454$0$0$939,175
63$1,951,661$0$0$984,369
64$2,045,658$0$0$1,032,577
65$2,145,932$0$0$1,084,059
66$2,253,019$0$0$1,139,096
67$2,367,509$0$0$1,197,998
68$2,490,043$0$0$1,261,102
69$2,621,329$0$0$1,328,782
70$2,762,141$0$0$1,401,446
71$2,913,330$0$0$1,479,541
72$3,075,827$0$0$1,563,558
73$3,250,657$0$0$1,654,038
74$3,438,945$0$0$1,751,574
75$3,641,924$0$0$1,856,816
76$3,860,952$0$0$1,970,480
77$4,097,518$0$0$2,093,352
78$4,353,261$0$0$2,226,296
79$4,629,980$0$0$2,370,263
80$4,929,654$0$0$2,526,296
81$5,254,458$0$0$2,695,544
82$5,606,785$0$0$2,879,269
83$5,989,265$0$0$3,078,861
84$6,404,792$0$0$3,295,847
85$6,856,547$0$0$3,531,909
86$7,348,034$0$0$3,788,896
87$7,883,104$0$0$4,068,842
88$8,465,996$0$0$4,373,987
89$9,101,376$0$0$4,706,796
90$9,794,378$0$0$5,069,981
91$10,550,654$0$0$5,466,528
92$11,376,422$0$0$5,899,725
93$12,278,532$0$0$6,373,189
94$13,264,520$0$0$6,890,906
95$14,342,688$0$0$7,457,260
96$15,522,171$0$0$8,077,082
97$16,813,033$0$0$8,755,690
98$18,226,352$0$0$9,498,941
99$19,774,329$0$0$10,313,283
100$21,470,399$0$0$11,205,820