Can I retire at age 30 with 464,000?

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 $464,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$38,317$37,975$37,642$37,317$37,000$35,945
2 years$18,969$18,615$18,273$17,941$17,619$16,565
3 years$12,520$12,165$11,824$11,495$11,178$10,157
4 years$9,297$8,943$8,605$8,282$7,972$6,993
5 years$7,363$7,011$6,678$6,361$6,061$5,124
6 years$6,074$5,725$5,397$5,087$4,795$3,904
7 years$5,154$4,808$4,485$4,182$3,900$3,053
8 years$4,464$4,121$3,803$3,508$3,235$2,433
9 years$3,928$3,588$3,276$2,988$2,725$1,966
10 years$3,499$3,163$2,856$2,576$2,322$1,605
11 years$3,149$2,816$2,514$2,242$1,997$1,322
12 years$2,857$2,527$2,231$1,966$1,730$1,095
13 years$2,610$2,284$1,994$1,736$1,509$912
14 years$2,399$2,076$1,791$1,541$1,323$763
15 years$2,216$1,897$1,617$1,374$1,165$641
16 years$2,056$1,740$1,466$1,231$1,029$539
17 years$1,915$1,603$1,334$1,106$913$455
18 years$1,789$1,481$1,218$996$811$385
19 years$1,678$1,372$1,115$900$723$326
20 years$1,577$1,275$1,023$815$646$276
21 years$1,486$1,188$941$740$578$235
22 years$1,404$1,109$867$673$518$200
23 years$1,328$1,037$801$613$465$170
24 years$1,260$972$741$559$418$144
25 years$1,196$912$686$510$376$123
26 years$1,138$857$636$467$339$105
27 years$1,084$807$591$427$306$89
28 years$1,034$760$549$391$276$76
29 years$988$717$511$359$249$65
30 years$945$677$476$329$225$56
31 years$904$640$444$303$203$47
32 years$866$606$414$278$184$40
33 years$831$574$387$256$166$35
34 years$798$544$361$235$151$30
35 years$766$516$338$217$137$25
36 years$737$489$316$199$124$22
37 years$709$465$296$184$112$18
38 years$683$442$277$169$102$16
39 years$658$420$259$156$92$13
40 years$634$400$243$144$84$11
41 years$612$380$228$133$76$10
42 years$591$362$214$123$69$8
43 years$571$345$201$113$62$7
44 years$551$329$188$105$57$6
45 years$533$314$177$97$51$5
46 years$515$299$166$89$47$4
47 years$499$286$156$82$42$4
48 years$483$273$147$76$39$3
49 years$468$260$138$70$35$3
50 years$453$249$130$65$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $464,000, adding $3,970 every year, while hoping to spend $30,817 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: 60/21/19 Blend
29$464,000$464,000$464,000$464,000
30$515,423$490,831$483,639$543,574
31$535,207$482,093$467,052$554,345
32$555,976$471,893$448,876$562,342
33$577,799$460,129$429,026$570,364
34$600,748$446,689$407,412$578,419
35$624,904$431,457$383,941$586,515
36$650,356$414,309$358,514$594,664
37$677,197$395,115$331,029$602,880
38$705,531$373,736$301,379$611,180
39$735,473$350,027$269,453$619,585
40$767,145$323,832$235,133$628,120
41$800,682$294,988$198,298$636,814
42$836,232$263,322$158,821$645,701
43$873,954$228,652$116,569$654,822
44$914,026$190,785$71,402$664,223
45$956,640$149,516$23,177$673,959
46$1,002,005$104,631$0$684,091
47$1,050,353$55,901$0$700,426
48$1,101,937$3,088$0$722,697
49$1,157,032$0$0$746,329
50$1,215,941$0$0$783,954
51$1,278,997$0$0$825,017
52$1,346,565$0$0$869,042
53$1,419,043$0$0$916,293
54$1,496,871$0$0$967,061
55$1,580,530$0$0$1,021,661
56$1,670,547$0$0$1,080,444
57$1,767,503$0$0$1,143,792
58$1,872,036$0$0$1,212,125
59$1,984,845$0$0$1,285,906
60$2,106,699$0$0$1,365,642
61$2,238,443$0$0$1,451,891
62$2,381,006$0$0$1,545,266
63$2,535,409$0$0$1,646,442
64$2,702,775$0$0$1,756,160
65$2,884,338$0$0$1,875,236
66$3,081,455$0$0$2,004,566
67$3,295,620$0$0$2,145,136
68$3,528,476$0$0$2,298,031
69$3,781,829$0$0$2,464,446
70$4,057,668$0$0$2,645,693
71$4,358,180$0$0$2,843,219
72$4,685,773$0$0$3,058,613
73$5,043,097$0$0$3,293,628
74$5,433,068$0$0$3,550,190
75$5,858,897$0$0$3,830,420
76$6,324,118$0$0$4,136,654
77$6,832,621$0$0$4,471,464
78$7,388,690$0$0$4,837,679
79$7,997,041$0$0$5,238,418
80$8,662,867$0$0$5,677,111
81$9,391,887$0$0$6,157,539
82$10,190,396$0$0$6,683,864
83$11,065,331$0$0$7,260,669
84$12,024,327$0$0$7,893,002
85$13,075,797$0$0$8,586,423
86$14,229,003$0$0$9,347,055
87$15,494,150$0$0$10,181,644
88$16,882,477$0$0$11,097,618
89$18,406,362$0$0$12,103,161
90$20,079,443$0$0$13,207,288
91$21,916,740$0$0$14,419,927
92$23,934,801$0$0$15,752,020
93$26,151,855$0$0$17,215,615
94$28,587,983$0$0$18,823,989
95$31,265,308$0$0$20,591,768
96$34,208,203$0$0$22,535,063
97$37,443,519$0$0$24,671,627
98$41,000,839$0$0$27,021,017
99$44,912,755$0$0$29,604,780
100$49,215,176$0$0$32,446,658