Can I retire at age 30 with 459,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$37,904$37,566$37,237$36,915$36,601$36,447
2 years$18,764$18,415$18,076$17,748$17,429$17,273
3 years$12,385$12,034$11,696$11,371$11,058$10,905
4 years$9,196$8,846$8,512$8,192$7,887$7,739
5 years$7,284$6,936$6,606$6,292$5,995$5,852
6 years$6,009$5,664$5,338$5,032$4,744$4,606
7 years$5,099$4,756$4,436$4,137$3,858$3,725
8 years$4,416$4,077$3,762$3,471$3,201$3,073
9 years$3,886$3,550$3,240$2,956$2,695$2,573
10 years$3,462$3,129$2,825$2,548$2,297$2,180
11 years$3,115$2,785$2,487$2,218$1,975$1,863
12 years$2,826$2,500$2,207$1,945$1,712$1,605
13 years$2,582$2,259$1,972$1,717$1,493$1,390
14 years$2,373$2,054$1,772$1,524$1,308$1,211
15 years$2,192$1,876$1,600$1,360$1,152$1,059
16 years$2,034$1,721$1,450$1,217$1,018$930
17 years$1,894$1,585$1,320$1,094$903$819
18 years$1,770$1,465$1,205$986$803$723
19 years$1,659$1,358$1,103$891$715$640
20 years$1,560$1,262$1,012$807$639$568
21 years$1,470$1,175$931$732$572$504
22 years$1,388$1,097$858$666$513$449
23 years$1,314$1,026$792$606$460$400
24 years$1,246$961$733$553$414$357
25 years$1,183$902$679$505$372$319
26 years$1,126$848$629$462$335$285
27 years$1,072$798$585$423$302$255
28 years$1,023$752$543$387$273$228
29 years$977$709$506$355$246$204
30 years$934$670$471$326$223$183
31 years$894$633$439$299$201$164
32 years$857$599$410$275$182$147
33 years$822$567$383$253$165$132
34 years$789$538$357$233$149$119
35 years$758$510$334$214$135$107
36 years$729$484$313$197$122$96
37 years$701$460$293$182$111$86
38 years$675$437$274$168$101$77
39 years$651$416$257$154$91$70
40 years$628$395$241$142$83$63
41 years$605$376$226$131$75$56
42 years$584$358$212$121$68$51
43 years$564$341$199$112$62$46
44 years$545$325$186$103$56$41
45 years$527$310$175$96$51$37
46 years$510$296$164$88$46$33
47 years$493$283$154$82$42$30
48 years$478$270$145$75$38$27
49 years$463$258$136$70$35$24
50 years$448$246$128$64$31$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $459,000, adding $3,207 every year, while hoping to spend $31,199 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: 36/50/14 Blend
29$459,000$459,000$459,000$459,000
30$509,126$484,799$477,685$525,156
31$527,861$475,359$460,491$527,555
32$547,462$464,410$441,677$526,935
33$567,983$451,846$421,153$525,588
34$589,485$437,555$398,830$523,466
35$612,033$421,415$374,610$520,517
36$635,697$403,300$348,396$516,689
37$660,553$383,077$320,083$511,927
38$686,685$360,604$289,561$506,173
39$714,184$335,730$256,718$499,370
40$743,147$308,297$221,434$491,455
41$773,682$278,138$183,586$482,365
42$805,905$245,075$143,045$472,035
43$839,945$208,921$99,674$460,398
44$875,940$169,478$53,334$447,385
45$914,041$126,538$3,876$432,926
46$954,414$79,880$0$416,947
47$997,241$29,270$0$406,682
48$1,042,718$0$0$395,842
49$1,091,062$0$0$397,848
50$1,142,510$0$0$417,156
51$1,197,321$0$0$437,763
52$1,255,778$0$0$459,781
53$1,318,192$0$0$483,332
54$1,384,903$0$0$508,550
55$1,456,285$0$0$535,582
56$1,532,747$0$0$564,588
57$1,614,738$0$0$595,745
58$1,702,749$0$0$629,248
59$1,797,322$0$0$665,310
60$1,899,050$0$0$704,164
61$2,008,583$0$0$746,067
62$2,126,637$0$0$791,302
63$2,253,998$0$0$840,179
64$2,391,529$0$0$893,038
65$2,540,178$0$0$950,255
66$2,700,988$0$0$1,012,241
67$2,875,105$0$0$1,079,448
68$3,063,787$0$0$1,152,376
69$3,268,421$0$0$1,231,571
70$3,490,530$0$0$1,317,636
71$3,731,789$0$0$1,411,234
72$3,994,040$0$0$1,513,093
73$4,279,312$0$0$1,624,016
74$4,589,835$0$0$1,744,886
75$4,928,064$0$0$1,876,674
76$5,296,699$0$0$2,020,450
77$5,698,712$0$0$2,177,390
78$6,137,377$0$0$2,348,790
79$6,616,292$0$0$2,536,075
80$7,139,424$0$0$2,740,817
81$7,711,136$0$0$2,964,743
82$8,336,232$0$0$3,209,757
83$9,020,003$0$0$3,477,955
84$9,768,273$0$0$3,771,644
85$10,587,456$0$0$4,093,366
86$11,484,614$0$0$4,445,919
87$12,467,525$0$0$4,832,386
88$13,544,755$0$0$5,256,163
89$14,725,736$0$0$5,720,986
90$16,020,860$0$0$6,230,976
91$17,441,569$0$0$6,790,668
92$19,000,467$0$0$7,405,058
93$20,711,438$0$0$8,079,651
94$22,589,776$0$0$8,820,510
95$24,652,326$0$0$9,634,314
96$26,917,645$0$0$10,528,420
97$29,406,177$0$0$11,510,934
98$32,140,441$0$0$12,590,786
99$35,145,247$0$0$13,777,814
100$38,447,928$0$0$15,082,856