Can I retire at age 30 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$38,069$37,730$37,399$37,076$36,761$35,485
2 years$18,846$18,495$18,155$17,825$17,505$16,233
3 years$12,439$12,087$11,747$11,421$11,106$9,877
4 years$9,236$8,885$8,549$8,228$7,921$6,745
5 years$7,315$6,966$6,634$6,320$6,021$4,902
6 years$6,035$5,688$5,362$5,054$4,764$3,702
7 years$5,121$4,777$4,456$4,155$3,875$2,869
8 years$4,435$4,095$3,779$3,486$3,215$2,265
9 years$3,903$3,565$3,255$2,969$2,707$1,812
10 years$3,477$3,143$2,837$2,559$2,307$1,465
11 years$3,128$2,798$2,498$2,227$1,984$1,193
12 years$2,838$2,511$2,217$1,954$1,719$979
13 years$2,593$2,269$1,981$1,725$1,499$806
14 years$2,383$2,063$1,780$1,531$1,314$667
15 years$2,201$1,884$1,607$1,365$1,157$554
16 years$2,042$1,729$1,457$1,223$1,023$461
17 years$1,902$1,592$1,326$1,099$907$384
18 years$1,778$1,471$1,210$990$806$321
19 years$1,667$1,364$1,108$895$719$269
20 years$1,567$1,267$1,017$810$642$225
21 years$1,476$1,180$935$735$574$189
22 years$1,395$1,102$862$669$515$158
23 years$1,320$1,030$796$609$462$133
24 years$1,251$965$736$555$415$112
25 years$1,189$906$682$507$374$94
26 years$1,131$851$632$464$337$79
27 years$1,077$801$587$424$304$67
28 years$1,027$755$546$389$274$56
29 years$981$712$508$357$247$47
30 years$938$673$473$327$223$40
31 years$898$636$441$301$202$34
32 years$861$602$411$276$183$28
33 years$826$570$384$254$165$24
34 years$793$540$359$234$150$20
35 years$761$512$336$215$136$17
36 years$732$486$314$198$123$14
37 years$705$462$294$183$111$12
38 years$678$439$275$168$101$10
39 years$654$417$258$155$92$9
40 years$630$397$242$143$83$7
41 years$608$378$227$132$75$6
42 years$587$360$213$122$68$5
43 years$567$343$199$112$62$4
44 years$548$327$187$104$56$4
45 years$530$312$176$96$51$3
46 years$512$297$165$89$46$3
47 years$496$284$155$82$42$2
48 years$480$271$146$76$38$2
49 years$465$259$137$70$35$2
50 years$450$247$129$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $461,000, adding $6,373 every year, while hoping to spend $30,787 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: 66/24/10 Blend
29$461,000$461,000$461,000$461,000
30$514,596$490,163$483,017$547,057
31$534,327$481,424$466,441$560,737
32$555,040$471,224$448,278$571,442
33$576,801$459,461$428,442$582,345
34$599,683$446,023$406,844$593,463
35$623,767$430,795$383,389$604,815
36$649,139$413,652$357,981$616,424
37$675,895$394,464$330,517$628,313
38$704,136$373,093$300,889$640,514
39$733,977$349,393$268,987$653,060
40$765,538$323,209$234,694$665,988
41$798,955$294,379$197,888$679,342
42$834,373$262,728$158,442$693,174
43$871,953$228,075$116,224$707,538
44$911,868$190,227$71,093$722,500
45$954,311$148,980$22,907$738,132
46$999,490$104,119$0$754,518
47$1,047,634$55,417$0$774,791
48$1,098,994$2,634$0$798,822
49$1,153,844$0$0$824,300
50$1,212,486$0$0$865,764
51$1,275,249$0$0$910,905
52$1,342,496$0$0$959,292
53$1,414,623$0$0$1,011,211
54$1,492,065$0$0$1,066,980
55$1,575,300$0$0$1,126,944
56$1,664,853$0$0$1,191,486
57$1,761,300$0$0$1,261,023
58$1,865,274$0$0$1,336,015
59$1,977,469$0$0$1,416,967
60$2,098,649$0$0$1,504,433
61$2,229,653$0$0$1,599,023
62$2,371,403$0$0$1,701,407
63$2,524,913$0$0$1,812,322
64$2,691,297$0$0$1,932,577
65$2,871,780$0$0$2,063,064
66$3,067,712$0$0$2,204,761
67$3,280,573$0$0$2,358,746
68$3,511,994$0$0$2,526,204
69$3,763,769$0$0$2,708,439
70$4,037,873$0$0$2,906,885
71$4,336,476$0$0$3,123,122
72$4,661,970$0$0$3,358,887
73$5,016,983$0$0$3,616,092
74$5,404,412$0$0$3,896,842
75$5,827,443$0$0$4,203,453
76$6,289,585$0$0$4,538,477
77$6,794,698$0$0$4,904,720
78$7,347,036$0$0$5,305,275
79$7,951,280$0$0$5,743,545
80$8,612,584$0$0$6,223,278
81$9,336,625$0$0$6,748,601
82$10,129,653$0$0$7,324,060
83$10,998,552$0$0$7,954,659
84$11,950,902$0$0$8,645,911
85$12,995,053$0$0$9,403,886
86$14,140,199$0$0$10,235,272
87$15,396,470$0$0$11,147,434
88$16,775,020$0$0$12,148,483
89$18,288,138$0$0$13,247,355
90$19,949,358$0$0$14,453,894
91$21,773,592$0$0$15,778,942
92$23,777,264$0$0$17,234,444
93$25,978,467$0$0$18,833,557
94$28,397,135$0$0$20,590,778
95$31,055,226$0$0$22,522,076
96$33,976,932$0$0$24,645,043
97$37,188,906$0$0$26,979,063
98$40,720,510$0$0$29,545,491
99$44,604,095$0$0$32,367,852
100$48,875,304$0$0$35,472,070