Can I retire at age 30 with 460,000?

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 $460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$37,986$37,648$37,318$36,996$36,681$36,118
2 years$18,805$18,455$18,115$17,786$17,467$16,901
3 years$12,412$12,060$11,722$11,396$11,082$10,531
4 years$9,216$8,866$8,531$8,210$7,904$7,372
5 years$7,299$6,951$6,620$6,306$6,008$5,497
6 years$6,022$5,676$5,350$5,043$4,754$4,264
7 years$5,110$4,767$4,446$4,146$3,866$3,397
8 years$4,426$4,086$3,770$3,478$3,208$2,760
9 years$3,894$3,557$3,247$2,963$2,701$2,274
10 years$3,469$3,136$2,831$2,554$2,302$1,895
11 years$3,122$2,792$2,493$2,223$1,979$1,593
12 years$2,832$2,506$2,212$1,949$1,715$1,349
13 years$2,588$2,264$1,976$1,721$1,496$1,149
14 years$2,378$2,058$1,776$1,528$1,311$983
15 years$2,197$1,880$1,603$1,363$1,154$844
16 years$2,038$1,725$1,454$1,220$1,020$728
17 years$1,898$1,589$1,323$1,096$905$629
18 years$1,774$1,468$1,207$988$804$545
19 years$1,663$1,361$1,105$893$717$473
20 years$1,563$1,264$1,014$808$640$411
21 years$1,473$1,178$933$734$573$358
22 years$1,391$1,099$860$667$514$312
23 years$1,317$1,028$794$608$461$272
24 years$1,249$963$734$554$414$238
25 years$1,186$904$680$506$373$208
26 years$1,128$850$631$463$336$182
27 years$1,075$800$586$424$303$159
28 years$1,025$753$545$388$273$140
29 years$979$711$507$356$247$122
30 years$936$671$472$327$223$107
31 years$896$635$440$300$202$94
32 years$859$600$411$276$182$83
33 years$824$569$383$253$165$73
34 years$791$539$358$233$149$64
35 years$760$511$335$215$135$56
36 years$731$485$313$198$123$49
37 years$703$461$293$182$111$43
38 years$677$438$275$168$101$38
39 years$652$416$257$155$91$33
40 years$629$396$241$143$83$29
41 years$607$377$226$132$75$26
42 years$586$359$212$122$68$23
43 years$566$342$199$112$62$20
44 years$547$326$187$104$56$17
45 years$528$311$175$96$51$15
46 years$511$297$165$88$46$14
47 years$495$283$155$82$42$12
48 years$479$270$145$75$38$10
49 years$464$258$137$70$35$9
50 years$449$247$129$64$32$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $460,000, adding $4,747 every year, while hoping to spend $37,329 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: 45/33/22 Blend
29$460,000$460,000$460,000$460,000
30$511,817$487,437$480,307$531,413
31$524,304$471,603$456,679$529,850
32$536,814$453,743$431,009$524,122
33$549,310$433,717$403,188$517,150
34$561,749$411,378$373,105$508,838
35$574,084$386,572$340,640$499,081
36$586,260$359,134$305,671$487,769
37$598,218$328,891$268,070$474,781
38$609,888$295,659$227,703$459,991
39$621,194$259,243$184,428$443,260
40$632,050$219,440$138,101$424,443
41$642,359$176,033$88,567$403,382
42$652,014$128,793$35,668$379,907
43$660,894$77,478$0$353,839
44$668,864$21,834$0$329,860
45$675,775$0$0$312,137
46$681,459$0$0$306,054
47$685,732$0$0$307,168
48$688,384$0$0$307,448
49$689,188$0$0$306,778
50$687,887$0$0$305,031
51$684,199$0$0$302,065
52$677,807$0$0$297,723
53$668,365$0$0$291,830
54$655,483$0$0$284,195
55$638,735$0$0$274,602
56$617,644$0$0$262,816
57$591,686$0$0$248,573
58$560,278$0$0$231,586
59$522,776$0$0$211,531
60$478,467$0$0$188,055
61$426,563$0$0$160,766
62$366,192$0$0$129,229
63$296,392$0$0$92,966
64$216,097$0$0$51,446
65$124,130$0$0$4,084
66$19,191$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