Can I retire at age 30 with 466,000?

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 $466,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$38,482$38,139$37,805$37,478$37,159$36,350
2 years$19,050$18,696$18,352$18,018$17,695$16,883
3 years$12,574$12,218$11,875$11,545$11,226$10,438
4 years$9,337$8,981$8,642$8,317$8,007$7,248
5 years$7,395$7,042$6,706$6,388$6,087$5,359
6 years$6,100$5,750$5,420$5,109$4,816$4,121
7 years$5,176$4,829$4,504$4,200$3,917$3,254
8 years$4,484$4,139$3,820$3,524$3,249$2,619
9 years$3,945$3,604$3,290$3,001$2,736$2,138
10 years$3,514$3,177$2,868$2,587$2,332$1,764
11 years$3,162$2,828$2,525$2,252$2,005$1,468
12 years$2,869$2,538$2,241$1,975$1,738$1,230
13 years$2,621$2,294$2,002$1,744$1,515$1,037
14 years$2,409$2,085$1,799$1,548$1,328$877
15 years$2,225$1,905$1,624$1,380$1,170$745
16 years$2,065$1,748$1,473$1,236$1,034$635
17 years$1,923$1,609$1,340$1,110$917$543
18 years$1,797$1,487$1,223$1,001$815$465
19 years$1,685$1,378$1,120$904$726$399
20 years$1,584$1,281$1,028$819$649$342
21 years$1,493$1,193$945$743$581$295
22 years$1,410$1,114$871$676$520$254
23 years$1,334$1,042$804$615$467$219
24 years$1,265$976$744$561$420$189
25 years$1,201$916$689$513$378$163
26 years$1,143$861$639$469$340$141
27 years$1,089$810$593$429$307$122
28 years$1,039$763$552$393$277$105
29 years$992$720$513$360$250$91
30 years$949$680$478$331$226$79
31 years$908$643$446$304$204$68
32 years$870$608$416$279$185$59
33 years$835$576$388$257$167$51
34 years$801$546$363$236$151$44
35 years$770$518$339$217$137$38
36 years$740$491$317$200$124$33
37 years$712$467$297$185$113$29
38 years$686$444$278$170$102$25
39 years$661$422$261$157$93$22
40 years$637$401$244$145$84$19
41 years$615$382$229$133$76$16
42 years$593$364$215$123$69$14
43 years$573$347$202$114$63$12
44 years$554$330$189$105$57$11
45 years$535$315$178$97$52$9
46 years$518$301$167$90$47$8
47 years$501$287$157$83$43$7
48 years$485$274$147$76$39$6
49 years$470$262$138$71$35$5
50 years$455$250$130$65$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $466,000, adding $5,449 every year, while hoping to spend $29,461 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: 64/7/29 Blend
29$466,000$466,000$466,000$466,000
30$519,153$494,455$487,232$548,046
31$540,760$487,337$472,208$561,158
32$563,584$478,882$455,693$571,762
33$587,717$468,996$437,606$582,716
34$613,261$457,573$417,863$594,059
35$640,328$444,508$396,375$605,833
36$669,037$429,685$373,050$618,089
37$699,521$412,982$347,789$630,882
38$731,926$394,271$320,494$644,275
39$766,409$373,417$291,057$658,337
40$803,143$350,276$259,368$673,148
41$842,320$324,695$225,313$688,795
42$884,145$296,514$188,770$705,378
43$928,849$265,564$149,614$723,007
44$976,679$231,664$107,714$741,806
45$1,027,910$194,626$62,932$761,913
46$1,082,843$154,248$15,126$783,482
47$1,141,806$110,320$0$806,686
48$1,205,162$62,617$0$842,822
49$1,273,308$10,904$0$886,716
50$1,346,678$0$0$933,971
51$1,425,752$0$0$988,376
52$1,511,056$0$0$1,047,998
53$1,603,167$0$0$1,112,404
54$1,702,720$0$0$1,182,041
55$1,810,412$0$0$1,257,400
56$1,927,010$0$0$1,339,022
57$2,053,357$0$0$1,427,500
58$2,190,380$0$0$1,523,488
59$2,339,098$0$0$1,627,704
60$2,500,633$0$0$1,740,937
61$2,676,216$0$0$1,864,057
62$2,867,206$0$0$1,998,020
63$3,075,094$0$0$2,143,878
64$3,301,522$0$0$2,302,789
65$3,548,299$0$0$2,476,026
66$3,817,412$0$0$2,664,991
67$4,111,052$0$0$2,871,227
68$4,431,627$0$0$3,096,433
69$4,781,789$0$0$3,342,479
70$5,164,460$0$0$3,611,424
71$5,582,854$0$0$3,905,533
72$6,040,509$0$0$4,227,302
73$6,541,324$0$0$4,579,479
74$7,089,589$0$0$4,965,089
75$7,690,031$0$0$5,387,464
76$8,347,853$0$0$5,850,273
77$9,068,785$0$0$6,357,558
78$9,859,141$0$0$6,913,768
79$10,725,871$0$0$7,523,805
80$11,676,633$0$0$8,193,069
81$12,719,858$0$0$8,927,505
82$13,864,838$0$0$9,733,664
83$15,121,803$0$0$10,618,761
84$16,502,025$0$0$11,590,744
85$18,017,921$0$0$12,658,369
86$19,683,167$0$0$13,831,281
87$21,512,833$0$0$15,120,105
88$23,523,516$0$0$16,536,548
89$25,733,506$0$0$18,093,504
90$28,162,948$0$0$19,805,182
91$30,834,038$0$0$21,687,235
92$33,771,232$0$0$23,756,908
93$37,001,471$0$0$26,033,202
94$40,554,440$0$0$28,537,049
95$44,462,845$0$0$31,291,515
96$48,762,720$0$0$34,322,013
97$53,493,770$0$0$37,656,543
98$58,699,740$0$0$41,325,957
99$64,428,832$0$0$45,364,246
100$70,734,155$0$0$49,808,866