Can I retire at age 30 with 463,000?

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 $463,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$38,234$37,894$37,561$37,237$36,920$35,955
2 years$18,928$18,575$18,234$17,902$17,581$16,615
3 years$12,493$12,139$11,798$11,470$11,154$10,218
4 years$9,277$8,924$8,586$8,264$7,955$7,056
5 years$7,347$6,996$6,663$6,347$6,047$5,187
6 years$6,061$5,713$5,385$5,076$4,785$3,965
7 years$5,143$4,798$4,475$4,173$3,892$3,111
8 years$4,455$4,113$3,795$3,501$3,228$2,488
9 years$3,920$3,581$3,269$2,982$2,719$2,018
10 years$3,492$3,156$2,850$2,570$2,317$1,654
11 years$3,142$2,810$2,509$2,237$1,992$1,367
12 years$2,851$2,522$2,227$1,962$1,727$1,137
13 years$2,604$2,279$1,989$1,732$1,506$951
14 years$2,394$2,072$1,787$1,538$1,320$799
15 years$2,211$1,892$1,614$1,371$1,162$673
16 years$2,051$1,736$1,463$1,228$1,027$569
17 years$1,911$1,599$1,331$1,103$911$483
18 years$1,786$1,478$1,215$994$810$410
19 years$1,674$1,369$1,113$898$722$349
20 years$1,574$1,273$1,021$814$645$297
21 years$1,483$1,185$939$738$577$253
22 years$1,401$1,106$866$671$517$216
23 years$1,326$1,035$799$612$464$185
24 years$1,257$970$739$558$417$158
25 years$1,194$910$685$509$375$135
26 years$1,136$855$635$466$338$116
27 years$1,082$805$590$426$305$99
28 years$1,032$758$548$391$275$85
29 years$986$715$510$358$248$73
30 years$942$676$475$329$224$63
31 years$902$639$443$302$203$54
32 years$864$604$413$277$184$46
33 years$829$572$386$255$166$40
34 years$796$542$361$235$150$34
35 years$765$514$337$216$136$29
36 years$735$488$315$199$123$25
37 years$708$464$295$183$112$21
38 years$681$441$276$169$101$18
39 years$657$419$259$156$92$16
40 years$633$399$243$144$83$14
41 years$611$380$228$133$76$12
42 years$589$362$213$122$69$10
43 years$569$344$200$113$62$9
44 years$550$328$188$104$57$7
45 years$532$313$177$96$51$6
46 years$514$299$166$89$47$5
47 years$498$285$156$82$42$5
48 years$482$272$146$76$38$4
49 years$467$260$138$70$35$3
50 years$452$248$129$65$32$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $463,000, adding $3,532 every year, while hoping to spend $37,583 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: 58/14/28 Blend
29$463,000$463,000$463,000$463,000
30$513,869$489,330$482,154$539,559
31$526,296$473,319$458,318$541,542
32$538,730$455,264$432,424$539,440
33$551,134$435,025$404,363$536,373
34$563,462$412,455$374,022$532,259
35$575,666$387,395$341,282$527,009
36$587,688$359,682$306,020$520,527
37$599,466$329,140$268,105$512,708
38$610,928$295,584$227,402$503,442
39$621,994$258,819$183,772$492,608
40$632,574$218,638$137,065$480,075
41$642,568$174,823$87,128$465,703
42$651,864$127,143$33,801$449,340
43$660,336$75,355$0$430,822
44$667,845$19,202$0$416,874
45$674,235$0$0$411,628
46$679,332$0$0$411,226
47$682,944$0$0$412,810
48$684,854$0$0$413,285
49$684,826$0$0$412,496
50$682,593$0$0$410,275
51$677,862$0$0$406,431
52$670,305$0$0$400,757
53$659,563$0$0$393,019
54$645,232$0$0$382,960
55$626,869$0$0$370,295
56$603,982$0$0$354,710
57$576,024$0$0$335,854
58$542,394$0$0$313,341
59$502,424$0$0$286,743
60$455,375$0$0$255,588
61$400,430$0$0$219,352
62$336,688$0$0$177,458
63$263,149$0$0$129,266
64$178,710$0$0$74,070
65$82,154$0$0$11,091
66$0$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