Can I retire at age 30 with 473,000?

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 $473,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$39,060$38,712$38,373$38,041$37,718$37,017
2 years$19,337$18,976$18,627$18,289$17,961$17,257
3 years$12,763$12,401$12,053$11,718$11,395$10,711
4 years$9,477$9,116$8,772$8,442$8,127$7,467
5 years$7,506$7,147$6,807$6,484$6,178$5,545
6 years$6,192$5,836$5,501$5,186$4,888$4,282
7 years$5,254$4,901$4,572$4,263$3,976$3,397
8 years$4,551$4,201$3,877$3,576$3,298$2,747
9 years$4,004$3,658$3,339$3,046$2,778$2,253
10 years$3,567$3,224$2,911$2,626$2,367$1,868
11 years$3,210$2,870$2,563$2,285$2,035$1,563
12 years$2,912$2,576$2,275$2,005$1,764$1,316
13 years$2,661$2,328$2,032$1,770$1,538$1,115
14 years$2,445$2,116$1,826$1,571$1,348$949
15 years$2,259$1,933$1,649$1,401$1,187$811
16 years$2,096$1,774$1,495$1,254$1,049$695
17 years$1,952$1,634$1,360$1,127$930$597
18 years$1,824$1,510$1,242$1,016$827$514
19 years$1,710$1,399$1,137$918$737$444
20 years$1,608$1,300$1,043$831$659$383
21 years$1,515$1,211$959$754$589$332
22 years$1,431$1,130$884$686$528$288
23 years$1,354$1,057$817$625$474$249
24 years$1,284$991$755$570$426$217
25 years$1,219$930$699$520$384$188
26 years$1,160$874$649$476$345$164
27 years$1,105$822$602$435$311$142
28 years$1,054$775$560$399$281$124
29 years$1,007$731$521$366$254$108
30 years$963$690$485$336$229$94
31 years$922$653$452$308$207$82
32 years$883$617$422$283$188$71
33 years$847$585$394$261$170$62
34 years$813$554$368$240$154$54
35 years$781$526$344$221$139$47
36 years$751$499$322$203$126$41
37 years$723$474$302$187$114$36
38 years$696$450$282$173$104$31
39 years$671$428$265$159$94$27
40 years$647$407$248$147$85$24
41 years$624$388$232$135$77$21
42 years$602$369$218$125$70$18
43 years$582$352$205$115$64$16
44 years$562$335$192$107$58$14
45 years$543$320$180$98$52$12
46 years$525$305$169$91$48$11
47 years$508$291$159$84$43$9
48 years$492$278$150$78$39$8
49 years$477$265$141$72$36$7
50 years$462$254$132$66$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $473,000, adding $3,256 every year, while hoping to spend $41,267 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: 74/21/5 Blend
29$473,000$473,000$473,000$473,000
30$524,605$499,536$492,204$562,988
31$534,206$480,105$464,785$569,254
32$543,405$458,339$435,065$570,546
33$552,114$434,080$402,922$570,768
34$560,241$407,161$368,230$569,801
35$567,678$377,405$330,859$567,513
36$574,309$344,625$290,670$563,759
37$580,000$308,624$247,520$558,381
38$584,606$269,192$201,257$551,206
39$587,964$226,110$151,727$542,044
40$589,891$179,145$98,765$530,688
41$590,187$128,050$42,200$516,910
42$588,627$72,565$0$500,461
43$584,962$12,416$0$482,038
44$578,916$0$0$462,839
45$570,184$0$0$452,467
46$558,427$0$0$442,485
47$543,267$0$0$429,716
48$524,290$0$0$413,821
49$501,033$0$0$394,424
50$472,988$0$0$371,107
51$439,588$0$0$343,410
52$400,210$0$0$310,824
53$354,162$0$0$272,783
54$300,682$0$0$228,666
55$238,923$0$0$177,782
56$167,954$0$0$119,371
57$86,743$0$0$52,591
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$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