Can I retire at age 30 with 472,000?

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 $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%20%
1 years$38,977$38,630$38,291$37,961$37,638$36,130
2 years$19,296$18,936$18,588$18,250$17,923$16,423
3 years$12,736$12,375$12,028$11,693$11,371$9,926
4 years$9,457$9,097$8,753$8,424$8,110$6,731
5 years$7,490$7,132$6,793$6,471$6,165$4,855
6 years$6,179$5,824$5,490$5,175$4,878$3,639
7 years$5,243$4,891$4,562$4,254$3,967$2,797
8 years$4,541$4,192$3,869$3,569$3,291$2,190
9 years$3,996$3,650$3,332$3,040$2,772$1,737
10 years$3,560$3,218$2,905$2,620$2,362$1,392
11 years$3,203$2,864$2,558$2,281$2,031$1,124
12 years$2,906$2,571$2,270$2,000$1,760$913
13 years$2,655$2,323$2,028$1,766$1,535$745
14 years$2,440$2,112$1,822$1,568$1,345$610
15 years$2,254$1,929$1,645$1,398$1,185$502
16 years$2,091$1,770$1,492$1,252$1,047$413
17 years$1,948$1,630$1,357$1,125$928$341
18 years$1,820$1,506$1,239$1,014$825$282
19 years$1,706$1,396$1,134$916$736$233
20 years$1,604$1,297$1,041$830$657$194
21 years$1,512$1,208$957$753$588$161
22 years$1,428$1,128$882$685$527$133
23 years$1,351$1,055$815$623$473$111
24 years$1,281$988$754$569$425$92
25 years$1,217$928$698$519$383$77
26 years$1,158$872$647$475$345$64
27 years$1,103$820$601$435$311$53
28 years$1,052$773$559$398$280$44
29 years$1,005$729$520$365$253$37
30 years$961$689$484$335$229$31
31 years$920$651$452$308$207$25
32 years$881$616$421$283$187$21
33 years$845$583$393$260$169$18
34 years$811$553$368$239$153$15
35 years$780$524$344$220$139$12
36 years$750$498$321$203$126$10
37 years$721$473$301$187$114$9
38 years$695$449$282$172$103$7
39 years$669$427$264$159$94$6
40 years$645$407$247$147$85$5
41 years$623$387$232$135$77$4
42 years$601$369$218$125$70$3
43 years$580$351$204$115$64$3
44 years$561$335$192$106$58$2
45 years$542$319$180$98$52$2
46 years$524$304$169$91$48$2
47 years$507$291$159$84$43$1
48 years$491$277$149$77$39$1
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 $4,471 every year, while hoping to spend $29,691 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: 54/34/12 Blend
29$472,000$472,000$472,000$472,000
30$524,756$499,740$492,424$551,230
31$546,690$492,636$477,329$562,620
32$569,866$484,189$460,733$571,416
33$594,380$474,302$442,555$580,300
34$620,335$462,871$422,710$589,288
35$647,846$449,788$401,107$598,397
36$677,036$434,938$377,654$607,647
37$708,042$418,198$352,253$617,065
38$741,011$399,439$324,803$626,681
39$776,107$378,524$295,197$636,528
40$813,508$355,309$263,323$646,648
41$853,408$329,642$229,067$657,088
42$896,020$301,359$192,305$667,903
43$941,580$270,291$152,913$679,154
44$990,342$236,257$110,757$690,914
45$1,042,590$199,066$65,700$703,266
46$1,098,630$158,516$17,597$716,302
47$1,158,802$114,395$0$730,131
48$1,223,476$66,477$0$749,193
49$1,293,062$14,525$0$771,992
50$1,368,006$0$0$796,448
51$1,448,801$0$0$838,367
52$1,535,986$0$0$889,500
53$1,630,156$0$0$944,765
54$1,731,962$0$0$1,004,551
55$1,842,122$0$0$1,069,283
56$1,961,423$0$0$1,139,428
57$2,090,732$0$0$1,215,503
58$2,231,002$0$0$1,298,072
59$2,383,281$0$0$1,387,759
60$2,548,720$0$0$1,485,248
61$2,728,588$0$0$1,591,294
62$2,924,280$0$0$1,706,724
63$3,137,329$0$0$1,832,451
64$3,369,424$0$0$1,969,480
65$3,622,424$0$0$2,118,914
66$3,898,374$0$0$2,281,969
67$4,199,524$0$0$2,459,984
68$4,528,352$0$0$2,654,433
69$4,887,586$0$0$2,866,936
70$5,280,228$0$0$3,099,280
71$5,709,583$0$0$3,353,430
72$6,179,292$0$0$3,631,552
73$6,693,363$0$0$3,936,028
74$7,256,207$0$0$4,269,483
75$7,872,686$0$0$4,634,808
76$8,548,151$0$0$5,035,186
77$9,288,495$0$0$5,474,123
78$10,100,210$0$0$5,955,480
79$10,990,444$0$0$6,483,510
80$11,967,074$0$0$7,062,897
81$13,038,770$0$0$7,698,801
82$14,215,089$0$0$8,396,904
83$15,506,552$0$0$9,163,469
84$16,924,752$0$0$10,005,390
85$18,482,460$0$0$10,930,266
86$20,193,742$0$0$11,946,465
87$22,074,096$0$0$13,063,207
88$24,140,595$0$0$14,290,651
89$26,412,048$0$0$15,639,987
90$28,909,176$0$0$17,123,543
91$31,654,808$0$0$18,754,903
92$34,674,098$0$0$20,549,031
93$37,994,755$0$0$22,522,415
94$41,647,312$0$0$24,693,223
95$45,665,409$0$0$27,081,469
96$50,086,109$0$0$29,709,206
97$54,950,249$0$0$32,600,733
98$60,302,825$0$0$35,782,824
99$66,193,415$0$0$39,284,978
100$72,676,646$0$0$43,139,698