Can I retire at age 30 with 469,000?

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 $469,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$38,730$38,385$38,048$37,720$37,399$36,347
2 years$19,173$18,816$18,470$18,134$17,809$16,758
3 years$12,655$12,296$11,951$11,619$11,299$10,280
4 years$9,397$9,039$8,697$8,371$8,058$7,081
5 years$7,442$7,087$6,750$6,430$6,126$5,192
6 years$6,140$5,787$5,455$5,142$4,847$3,958
7 years$5,210$4,860$4,533$4,227$3,942$3,097
8 years$4,512$4,166$3,844$3,546$3,270$2,469
9 years$3,970$3,627$3,311$3,021$2,754$1,996
10 years$3,537$3,197$2,887$2,604$2,347$1,631
11 years$3,183$2,846$2,541$2,266$2,018$1,344
12 years$2,888$2,555$2,255$1,988$1,749$1,114
13 years$2,638$2,309$2,015$1,755$1,525$929
14 years$2,425$2,098$1,811$1,558$1,337$778
15 years$2,240$1,917$1,635$1,389$1,177$653
16 years$2,078$1,759$1,482$1,244$1,040$550
17 years$1,935$1,620$1,349$1,118$922$465
18 years$1,809$1,497$1,231$1,007$820$393
19 years$1,696$1,387$1,127$910$731$333
20 years$1,594$1,289$1,034$824$653$283
21 years$1,502$1,201$951$748$584$240
22 years$1,419$1,121$877$680$524$204
23 years$1,343$1,048$810$619$470$174
24 years$1,273$982$749$565$423$148
25 years$1,209$922$693$516$380$126
26 years$1,150$866$643$472$343$108
27 years$1,096$815$597$432$309$92
28 years$1,045$768$555$396$279$79
29 years$998$725$517$363$252$67
30 years$955$684$481$333$227$57
31 years$914$647$449$306$206$49
32 years$876$612$419$281$186$42
33 years$840$580$391$258$168$36
34 years$806$549$365$238$152$31
35 years$775$521$341$219$138$26
36 years$745$495$319$202$125$22
37 years$717$470$299$186$113$19
38 years$690$446$280$171$103$16
39 years$665$425$262$158$93$14
40 years$641$404$246$146$84$12
41 years$619$385$231$134$77$10
42 years$597$366$216$124$70$9
43 years$577$349$203$114$63$7
44 years$557$333$190$106$57$6
45 years$539$317$179$98$52$5
46 years$521$303$168$90$47$5
47 years$504$289$158$83$43$4
48 years$488$276$148$77$39$3
49 years$473$263$139$71$35$3
50 years$458$251$131$66$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $469,000, adding $3,464 every year, while hoping to spend $29,949 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: 60/18/22 Blend
29$469,000$469,000$469,000$469,000
30$520,411$495,554$488,285$548,411
31$541,628$487,971$472,777$560,224
32$564,004$479,012$455,745$569,533
33$587,628$468,579$437,108$579,026
34$612,593$456,567$416,779$588,725
35$639,004$442,864$394,667$598,658
36$666,972$427,354$370,677$608,855
37$696,620$409,912$344,712$619,352
38$728,083$390,405$316,668$630,190
39$761,509$368,696$286,438$641,415
40$797,057$344,637$253,908$653,080
41$834,905$318,072$218,961$665,245
42$875,244$288,836$181,476$677,980
43$918,286$256,756$141,322$691,362
44$964,262$221,648$98,367$705,478
45$1,013,425$183,317$52,471$720,428
46$1,066,053$141,559$3,488$736,323
47$1,122,451$96,156$0$753,291
48$1,182,953$46,880$0$782,923
49$1,247,926$0$0$815,547
50$1,317,772$0$0$851,849
51$1,392,932$0$0$900,932
52$1,473,892$0$0$953,830
53$1,561,185$0$0$1,010,896
54$1,655,396$0$0$1,072,516
55$1,757,168$0$0$1,139,113
56$1,867,208$0$0$1,211,156
57$1,986,292$0$0$1,289,156
58$2,115,275$0$0$1,373,678
59$2,255,095$0$0$1,465,341
60$2,406,785$0$0$1,564,828
61$2,571,480$0$0$1,672,888
62$2,750,428$0$0$1,790,346
63$2,945,004$0$0$1,918,110
64$3,156,718$0$0$2,057,179
65$3,387,234$0$0$2,208,650
66$3,638,382$0$0$2,373,732
67$3,912,174$0$0$2,553,757
68$4,210,828$0$0$2,750,188
69$4,536,782$0$0$2,964,637
70$4,892,721$0$0$3,198,879
71$5,281,602$0$0$3,454,867
72$5,706,678$0$0$3,734,752
73$6,171,532$0$0$4,040,901
74$6,680,109$0$0$4,375,920
75$7,236,751$0$0$4,742,681
76$7,846,242$0$0$5,144,346
77$8,513,848$0$0$5,584,394
78$9,245,369$0$0$6,066,659
79$10,047,194$0$0$6,595,365
80$10,926,357$0$0$7,175,160
81$11,890,606$0$0$7,811,168
82$12,948,477$0$0$8,509,028
83$14,109,368$0$0$9,274,956
84$15,383,635$0$0$10,115,795
85$16,782,684$0$0$11,039,087
86$18,319,077$0$0$12,053,135
87$20,006,657$0$0$13,167,090
88$21,860,669$0$0$14,391,032
89$23,897,911$0$0$15,736,064
90$26,136,886$0$0$17,214,419
91$28,597,980$0$0$18,839,575
92$31,303,652$0$0$20,626,379
93$34,278,646$0$0$22,591,190
94$37,550,223$0$0$24,752,030
95$41,148,419$0$0$27,128,758
96$45,106,325$0$0$29,743,250
97$49,460,401$0$0$32,619,612
98$54,250,820$0$0$35,784,404
99$59,521,844$0$0$39,266,888
100$65,322,241$0$0$43,099,309