Can I retire at age 30 with 471,000?

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 $471,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$38,895$38,548$38,210$37,880$37,558$36,936
2 years$19,255$18,896$18,549$18,212$17,885$17,260
3 years$12,709$12,349$12,002$11,668$11,347$10,738
4 years$9,437$9,078$8,735$8,406$8,093$7,506
5 years$7,474$7,117$6,778$6,457$6,152$5,588
6 years$6,166$5,812$5,478$5,164$4,868$4,327
7 years$5,232$4,881$4,552$4,245$3,959$3,442
8 years$4,532$4,184$3,861$3,561$3,284$2,791
9 years$3,987$3,643$3,325$3,033$2,766$2,296
10 years$3,552$3,211$2,899$2,615$2,357$1,910
11 years$3,196$2,858$2,552$2,276$2,027$1,603
12 years$2,900$2,565$2,265$1,996$1,756$1,354
13 years$2,649$2,318$2,024$1,762$1,532$1,151
14 years$2,435$2,107$1,818$1,564$1,343$983
15 years$2,249$1,925$1,642$1,395$1,182$842
16 years$2,087$1,766$1,488$1,249$1,045$725
17 years$1,944$1,627$1,354$1,122$926$625
18 years$1,816$1,503$1,236$1,011$824$540
19 years$1,703$1,393$1,132$914$734$468
20 years$1,601$1,295$1,039$828$656$406
21 years$1,509$1,206$955$751$587$353
22 years$1,425$1,126$881$683$526$307
23 years$1,348$1,053$813$622$472$267
24 years$1,279$986$752$567$424$233
25 years$1,214$926$696$518$382$203
26 years$1,155$870$646$474$344$177
27 years$1,100$819$600$434$310$155
28 years$1,050$771$558$397$280$135
29 years$1,003$728$519$364$253$118
30 years$959$687$483$334$228$104
31 years$918$650$451$307$206$91
32 years$879$615$420$282$187$79
33 years$843$582$393$260$169$69
34 years$810$552$367$239$153$61
35 years$778$523$343$220$139$53
36 years$748$497$321$202$126$47
37 years$720$472$300$187$114$41
38 years$693$448$281$172$103$36
39 years$668$426$263$159$94$31
40 years$644$406$247$146$85$28
41 years$621$386$232$135$77$24
42 years$600$368$217$125$70$21
43 years$579$350$204$115$63$19
44 years$560$334$191$106$58$16
45 years$541$319$180$98$52$14
46 years$523$304$169$91$47$13
47 years$506$290$158$84$43$11
48 years$490$277$149$77$39$10
49 years$475$264$140$71$36$8
50 years$460$252$132$66$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $471,000, adding $4,416 every year, while hoping to spend $35,329 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: 45/40/15 Blend
29$471,000$471,000$471,000$471,000
30$523,597$498,634$491,334$544,726
31$539,414$485,477$470,203$546,746
32$555,661$470,492$447,181$545,029
33$572,343$453,551$422,167$542,402
34$589,467$434,520$395,054$538,794
35$607,038$413,257$365,734$534,131
36$625,060$389,611$334,091$528,336
37$643,539$363,424$300,005$521,325
38$662,476$334,528$263,351$513,009
39$681,873$302,745$223,998$503,295
40$701,731$267,886$181,810$492,083
41$722,050$229,755$136,642$479,267
42$742,826$188,140$88,347$464,736
43$764,056$142,821$36,769$448,369
44$785,734$93,563$0$430,042
45$807,851$40,119$0$412,544
46$830,395$0$0$399,278
47$853,354$0$0$392,054
48$876,710$0$0$402,656
49$900,442$0$0$413,413
50$924,525$0$0$424,313
51$948,930$0$0$435,340
52$973,623$0$0$446,475
53$998,563$0$0$457,698
54$1,023,705$0$0$468,985
55$1,048,994$0$0$480,308
56$1,074,371$0$0$491,636
57$1,099,765$0$0$502,932
58$1,125,097$0$0$514,158
59$1,150,278$0$0$525,266
60$1,175,205$0$0$536,205
61$1,199,764$0$0$546,916
62$1,223,826$0$0$557,335
63$1,247,245$0$0$567,387
64$1,269,858$0$0$576,991
65$1,291,483$0$0$586,054
66$1,311,915$0$0$594,473
67$1,330,925$0$0$602,132
68$1,348,258$0$0$608,905
69$1,363,628$0$0$614,646
70$1,376,718$0$0$619,198
71$1,387,174$0$0$622,383
72$1,394,603$0$0$624,003
73$1,398,567$0$0$623,840
74$1,398,579$0$0$621,650
75$1,394,099$0$0$617,163
76$1,384,528$0$0$610,080
77$1,369,199$0$0$600,069
78$1,347,376$0$0$586,761
79$1,318,239$0$0$569,748
80$1,280,884$0$0$548,578
81$1,234,307$0$0$522,752
82$1,177,396$0$0$491,716
83$1,108,921$0$0$454,857
84$1,027,523$0$0$411,497
85$931,694$0$0$360,887
86$819,771$0$0$302,198
87$689,913$0$0$234,515
88$540,085$0$0$156,825
89$368,038$0$0$68,011
90$171,287$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0