Can I retire at age 30 with 472,000?

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 $472,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$38,977$38,630$38,291$37,961$37,638$36,303
2 years$19,296$18,936$18,588$18,250$17,923$16,592
3 years$12,736$12,375$12,028$11,693$11,371$10,086
4 years$9,457$9,097$8,753$8,424$8,110$6,881
5 years$7,490$7,132$6,793$6,471$6,165$4,995
6 years$6,179$5,824$5,490$5,175$4,878$3,768
7 years$5,243$4,891$4,562$4,254$3,967$2,917
8 years$4,541$4,192$3,869$3,569$3,291$2,300
9 years$3,996$3,650$3,332$3,040$2,772$1,838
10 years$3,560$3,218$2,905$2,620$2,362$1,484
11 years$3,203$2,864$2,558$2,281$2,031$1,207
12 years$2,906$2,571$2,270$2,000$1,760$989
13 years$2,655$2,323$2,028$1,766$1,535$814
14 years$2,440$2,112$1,822$1,568$1,345$672
15 years$2,254$1,929$1,645$1,398$1,185$557
16 years$2,091$1,770$1,492$1,252$1,047$463
17 years$1,948$1,630$1,357$1,125$928$386
18 years$1,820$1,506$1,239$1,014$825$322
19 years$1,706$1,396$1,134$916$736$269
20 years$1,604$1,297$1,041$830$657$225
21 years$1,512$1,208$957$753$588$188
22 years$1,428$1,128$882$685$527$158
23 years$1,351$1,055$815$623$473$132
24 years$1,281$988$754$569$425$111
25 years$1,217$928$698$519$383$93
26 years$1,158$872$647$475$345$78
27 years$1,103$820$601$435$311$66
28 years$1,052$773$559$398$280$55
29 years$1,005$729$520$365$253$46
30 years$961$689$484$335$229$39
31 years$920$651$452$308$207$33
32 years$881$616$421$283$187$28
33 years$845$583$393$260$169$23
34 years$811$553$368$239$153$20
35 years$780$524$344$220$139$16
36 years$750$498$321$203$126$14
37 years$721$473$301$187$114$12
38 years$695$449$282$172$103$10
39 years$669$427$264$159$94$8
40 years$645$407$247$147$85$7
41 years$623$387$232$135$77$6
42 years$601$369$218$125$70$5
43 years$580$351$204$115$64$4
44 years$561$335$192$106$58$3
45 years$542$319$180$98$52$3
46 years$524$304$169$91$48$2
47 years$507$291$159$84$43$2
48 years$491$277$149$77$39$2
49 years$476$265$140$72$36$1
50 years$461$253$132$66$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $472,000, adding $6,317 every year, while hoping to spend $23,868 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: 34/44/22 Blend
29$472,000$472,000$472,000$472,000
30$526,660$501,644$494,328$540,849
31$554,984$500,829$485,493$551,106
32$585,397$499,174$475,561$559,530
33$618,087$496,614$464,472$568,128
34$653,260$493,076$452,160$576,928
35$691,143$488,487$438,558$585,967
36$731,985$482,768$423,595$595,285
37$776,058$475,834$407,196$604,929
38$823,663$467,597$389,284$614,953
39$875,130$457,963$369,778$625,417
40$930,821$446,831$348,594$636,394
41$991,135$434,096$325,642$647,964
42$1,056,510$419,646$300,831$660,217
43$1,127,429$403,363$274,063$673,259
44$1,204,420$385,122$245,238$687,206
45$1,288,068$364,789$214,250$702,193
46$1,379,012$342,226$180,989$718,370
47$1,477,960$317,283$145,340$735,906
48$1,585,685$289,804$107,183$754,993
49$1,703,044$259,623$66,392$775,847
50$1,830,975$226,565$22,837$798,707
51$1,970,513$190,445$0$823,847
52$2,122,796$151,068$0$857,120
53$2,289,078$108,227$0$899,397
54$2,470,739$61,704$0$945,729
55$2,669,295$11,269$0$996,579
56$2,886,421$0$0$1,052,459
57$3,123,957$0$0$1,134,916
58$3,383,929$0$0$1,231,202
59$3,668,571$0$0$1,336,696
60$3,980,340$0$0$1,452,318
61$4,321,942$0$0$1,579,080
62$4,696,360$0$0$1,718,098
63$5,106,877$0$0$1,870,602
64$5,557,107$0$0$2,037,945
65$6,051,035$0$0$2,221,618
66$6,593,048$0$0$2,423,264
67$7,187,977$0$0$2,644,690
68$7,841,146$0$0$2,887,892
69$8,558,418$0$0$3,155,064
70$9,346,252$0$0$3,448,624
71$10,211,764$0$0$3,771,237
72$11,162,792$0$0$4,125,839
73$12,207,972$0$0$4,515,663
74$13,356,818$0$0$4,944,272
75$14,619,810$0$0$5,415,591
76$16,008,496$0$0$5,933,946
77$17,535,598$0$0$6,504,101
78$19,215,133$0$0$7,131,306
79$21,062,544$0$0$7,821,345
80$23,094,847$0$0$8,580,592
81$25,330,787$0$0$9,416,068
82$27,791,023$0$0$10,335,510
83$30,498,311$0$0$11,347,444
84$33,477,730$0$0$12,461,264
85$36,756,911$0$0$13,687,318
86$40,366,298$0$0$15,037,014
87$44,339,438$0$0$16,522,916
88$48,713,296$0$0$18,158,872
89$53,528,601$0$0$19,960,140
90$58,830,234$0$0$21,943,533
91$64,667,647$0$0$24,127,577
92$71,095,333$0$0$26,532,687
93$78,173,338$0$0$29,181,356
94$85,967,828$0$0$32,098,374
95$94,551,711$0$0$35,311,054
96$104,005,327$0$0$38,849,494
97$114,417,207$0$0$42,746,862
98$125,884,904$0$0$47,039,704
99$138,515,916$0$0$51,768,296
100$152,428,699$0$0$56,977,016