Can I retire at age 30 with 467,000?

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 $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%13.7%
1 years$38,564$38,221$37,886$37,559$37,239$36,668
2 years$19,091$18,736$18,391$18,057$17,733$17,158
3 years$12,601$12,244$11,900$11,569$11,251$10,691
4 years$9,357$9,001$8,660$8,335$8,024$7,484
5 years$7,410$7,057$6,721$6,402$6,100$5,580
6 years$6,113$5,762$5,431$5,120$4,826$4,329
7 years$5,187$4,839$4,514$4,209$3,925$3,449
8 years$4,493$4,148$3,828$3,531$3,256$2,802
9 years$3,953$3,612$3,297$3,008$2,742$2,309
10 years$3,522$3,183$2,874$2,593$2,337$1,924
11 years$3,169$2,834$2,531$2,256$2,010$1,618
12 years$2,875$2,544$2,246$1,979$1,741$1,370
13 years$2,627$2,299$2,006$1,747$1,519$1,166
14 years$2,414$2,089$1,803$1,551$1,331$998
15 years$2,230$1,909$1,628$1,383$1,172$857
16 years$2,069$1,751$1,476$1,239$1,036$739
17 years$1,927$1,613$1,343$1,113$918$638
18 years$1,801$1,490$1,226$1,003$817$553
19 years$1,688$1,381$1,122$906$728$480
20 years$1,587$1,284$1,030$821$650$417
21 years$1,496$1,196$947$745$582$363
22 years$1,413$1,116$873$677$522$317
23 years$1,337$1,044$806$617$468$277
24 years$1,268$978$746$563$421$242
25 years$1,204$918$691$514$379$211
26 years$1,145$863$640$470$341$185
27 years$1,091$812$595$430$308$162
28 years$1,041$765$553$394$277$142
29 years$994$722$514$361$251$124
30 years$951$681$479$332$226$109
31 years$910$644$447$304$205$96
32 years$872$610$417$280$185$84
33 years$836$577$389$257$168$74
34 years$803$547$364$237$152$65
35 years$771$519$340$218$137$57
36 years$742$493$318$201$124$50
37 years$714$468$298$185$113$44
38 years$687$445$279$170$102$38
39 years$662$423$261$157$93$34
40 years$638$402$245$145$84$30
41 years$616$383$230$134$76$26
42 years$595$365$215$123$69$23
43 years$574$347$202$114$63$20
44 years$555$331$190$105$57$18
45 years$536$316$178$97$52$16
46 years$519$301$167$90$47$14
47 years$502$287$157$83$43$12
48 years$486$274$148$77$39$11
49 years$471$262$139$71$35$9
50 years$456$250$130$65$32$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $467,000, adding $4,140 every year, while hoping to spend $24,956 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: 41/38/21 Blend
29$467,000$467,000$467,000$467,000
30$518,904$494,153$486,915$536,820
31$545,280$491,814$476,674$547,662
32$573,509$488,523$465,253$556,682
33$603,755$484,209$452,587$565,937
34$636,195$478,793$438,606$575,461
35$671,027$472,194$423,239$585,295
36$708,465$464,324$406,411$595,485
37$748,745$455,092$388,042$606,084
38$792,125$444,401$368,050$617,151
39$838,892$432,146$346,349$628,756
40$889,356$418,219$322,850$640,978
41$943,863$402,503$297,457$653,904
42$1,002,788$384,877$270,073$667,635
43$1,066,547$365,211$240,595$682,285
44$1,135,596$343,368$208,917$697,982
45$1,210,437$319,202$174,925$714,871
46$1,291,620$292,562$138,503$733,114
47$1,379,751$263,284$99,530$752,894
48$1,475,499$231,197$57,877$774,416
49$1,579,595$196,122$13,411$797,912
50$1,692,847$157,865$0$823,640
51$1,816,144$116,227$0$859,516
52$1,950,461$70,993$0$901,940
53$2,096,875$21,938$0$948,298
54$2,256,568$0$0$999,031
55$2,430,842$0$0$1,067,663
56$2,621,132$0$0$1,152,674
57$2,829,016$0$0$1,245,604
58$3,056,230$0$0$1,347,237
59$3,304,688$0$0$1,458,436
60$3,576,494$0$0$1,580,151
61$3,873,970$0$0$1,713,430
62$4,199,667$0$0$1,859,423
63$4,556,397$0$0$2,019,402
64$4,947,257$0$0$2,194,764
65$5,375,658$0$0$2,387,048
66$5,845,354$0$0$2,597,950
67$6,360,483$0$0$2,829,338
68$6,925,601$0$0$3,083,269
69$7,545,726$0$0$3,362,009
70$8,226,385$0$0$3,668,054
71$8,973,668$0$0$4,004,155
72$9,794,281$0$0$4,373,339
73$10,695,614$0$0$4,778,944
74$11,685,806$0$0$5,224,646
75$12,773,824$0$0$5,714,494
76$13,969,546$0$0$6,252,951
77$15,283,854$0$0$6,844,930
78$16,728,738$0$0$7,495,848
79$18,317,408$0$0$8,211,671
80$20,064,415$0$0$8,998,972
81$21,985,793$0$0$9,864,994
82$24,099,209$0$0$10,817,715
83$26,424,126$0$0$11,865,929
84$28,981,988$0$0$13,019,322
85$31,796,424$0$0$14,288,568
86$34,893,468$0$0$15,685,427
87$38,301,805$0$0$17,222,858
88$42,053,043$0$0$18,915,139
89$46,182,007$0$0$20,778,001
90$50,727,072$0$0$22,828,782
91$55,730,520$0$0$25,086,582
92$61,238,942$0$0$27,572,450
93$67,303,677$0$0$30,309,577
94$73,981,293$0$0$33,323,521
95$81,334,124$0$0$36,642,442
96$89,430,855$0$0$40,297,370
97$98,347,174$0$0$44,322,499
98$108,166,481$0$0$48,755,507
99$118,980,675$0$0$53,637,914
100$130,891,025$0$0$59,015,470