Can I retire at age 30 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$38,564$38,221$37,886$37,559$37,239$36,989
2 years$19,091$18,736$18,391$18,057$17,733$17,481
3 years$12,601$12,244$11,900$11,569$11,251$11,004
4 years$9,357$9,001$8,660$8,335$8,024$7,785
5 years$7,410$7,057$6,721$6,402$6,100$5,869
6 years$6,113$5,762$5,431$5,120$4,826$4,604
7 years$5,187$4,839$4,514$4,209$3,925$3,712
8 years$4,493$4,148$3,828$3,531$3,256$3,052
9 years$3,953$3,612$3,297$3,008$2,742$2,546
10 years$3,522$3,183$2,874$2,593$2,337$2,149
11 years$3,169$2,834$2,531$2,256$2,010$1,830
12 years$2,875$2,544$2,246$1,979$1,741$1,570
13 years$2,627$2,299$2,006$1,747$1,519$1,356
14 years$2,414$2,089$1,803$1,551$1,331$1,176
15 years$2,230$1,909$1,628$1,383$1,172$1,025
16 years$2,069$1,751$1,476$1,239$1,036$896
17 years$1,927$1,613$1,343$1,113$918$786
18 years$1,801$1,490$1,226$1,003$817$691
19 years$1,688$1,381$1,122$906$728$609
20 years$1,587$1,284$1,030$821$650$538
21 years$1,496$1,196$947$745$582$476
22 years$1,413$1,116$873$677$522$421
23 years$1,337$1,044$806$617$468$374
24 years$1,268$978$746$563$421$332
25 years$1,204$918$691$514$379$295
26 years$1,145$863$640$470$341$262
27 years$1,091$812$595$430$308$234
28 years$1,041$765$553$394$277$208
29 years$994$722$514$361$251$186
30 years$951$681$479$332$226$166
31 years$910$644$447$304$205$148
32 years$872$610$417$280$185$132
33 years$836$577$389$257$168$118
34 years$803$547$364$237$152$105
35 years$771$519$340$218$137$94
36 years$742$493$318$201$124$84
37 years$714$468$298$185$113$75
38 years$687$445$279$170$102$67
39 years$662$423$261$157$93$60
40 years$638$402$245$145$84$54
41 years$616$383$230$134$76$48
42 years$595$365$215$123$69$43
43 years$574$347$202$114$63$39
44 years$555$331$190$105$57$35
45 years$536$316$178$97$52$31
46 years$519$301$167$90$47$28
47 years$502$287$157$83$43$25
48 years$486$274$148$77$39$22
49 years$471$262$139$71$35$20
50 years$456$250$130$65$32$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $467,000, adding $3,211 every year, while hoping to spend $30,105 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: 61/33/6 Blend
29$467,000$467,000$467,000$467,000
30$517,946$493,195$485,957$548,771
31$538,745$485,330$470,205$561,895
32$560,657$476,071$452,916$572,428
33$583,762$465,317$434,008$583,149
34$608,151$452,963$413,392$594,075
35$633,921$438,896$390,978$605,227
36$661,176$422,997$366,672$616,629
37$690,033$405,141$340,373$628,311
38$720,619$385,195$311,977$640,303
39$753,070$363,018$281,377$652,644
40$787,538$338,461$248,458$665,376
41$824,189$311,367$213,102$678,548
42$863,201$281,570$175,187$692,218
43$904,774$248,893$134,582$706,448
44$949,124$213,151$91,153$721,313
45$996,486$174,148$44,759$736,894
46$1,047,123$131,676$0$753,285
47$1,101,317$85,516$0$770,898
48$1,159,382$35,437$0$792,625
49$1,221,660$0$0$815,744
50$1,288,528$0$0$847,247
51$1,360,397$0$0$894,963
52$1,437,720$0$0$946,326
53$1,520,995$0$0$1,001,671
54$1,610,768$0$0$1,061,364
55$1,707,638$0$0$1,125,807
56$1,812,266$0$0$1,195,444
57$1,925,374$0$0$1,270,759
58$2,047,760$0$0$1,352,289
59$2,180,298$0$0$1,440,619
60$2,323,950$0$0$1,536,397
61$2,479,775$0$0$1,640,332
62$2,648,935$0$0$1,753,207
63$2,832,711$0$0$1,875,879
64$3,032,509$0$0$2,009,296
65$3,249,880$0$0$2,154,496
66$3,486,526$0$0$2,312,625
67$3,744,322$0$0$2,484,942
68$4,025,332$0$0$2,672,832
69$4,331,826$0$0$2,877,821
70$4,666,303$0$0$3,101,589
71$5,031,516$0$0$3,345,984
72$5,430,491$0$0$3,613,039
73$5,866,563$0$0$3,904,996
74$6,343,403$0$0$4,224,321
75$6,865,051$0$0$4,573,728
76$7,435,959$0$0$4,956,209
77$8,061,025$0$0$5,375,055
78$8,745,645$0$0$5,833,894
79$9,495,762$0$0$6,336,717
80$10,317,921$0$0$6,887,922
81$11,219,327$0$0$7,492,354
82$12,207,920$0$0$8,155,347
83$13,292,442$0$0$8,882,776
84$14,482,524$0$0$9,681,113
85$15,788,773$0$0$10,557,489
86$17,222,874$0$0$11,519,755
87$18,797,698$0$0$12,576,562
88$20,527,424$0$0$13,737,440
89$22,427,671$0$0$15,012,887
90$24,515,647$0$0$16,414,468
91$26,810,308$0$0$17,954,924
92$29,332,537$0$0$19,648,290
93$32,105,342$0$0$21,510,032
94$35,154,071$0$0$23,557,186
95$38,506,651$0$0$25,808,524
96$42,193,850$0$0$28,284,726
97$46,249,569$0$0$31,008,578
98$50,711,157$0$0$34,005,186
99$55,619,768$0$0$37,302,210
100$61,020,743$0$0$40,930,128