Can I retire at age 30 with 474,000?

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 $474,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$39,142$38,794$38,454$38,122$37,797$36,326
2 years$19,377$19,017$18,667$18,328$17,999$16,535
3 years$12,790$12,428$12,079$11,743$11,419$10,008
4 years$9,497$9,136$8,790$8,460$8,144$6,796
5 years$7,522$7,162$6,822$6,498$6,191$4,910
6 years$6,205$5,849$5,513$5,197$4,899$3,686
7 years$5,265$4,912$4,581$4,272$3,984$2,839
8 years$4,560$4,210$3,885$3,584$3,305$2,226
9 years$4,013$3,666$3,346$3,053$2,783$1,769
10 years$3,575$3,231$2,917$2,632$2,372$1,420
11 years$3,217$2,877$2,568$2,290$2,040$1,149
12 years$2,918$2,582$2,279$2,009$1,768$935
13 years$2,666$2,333$2,037$1,773$1,541$765
14 years$2,450$2,121$1,830$1,574$1,351$628
15 years$2,263$1,937$1,652$1,404$1,190$517
16 years$2,100$1,778$1,498$1,257$1,051$427
17 years$1,956$1,637$1,363$1,130$932$353
18 years$1,828$1,513$1,244$1,018$829$293
19 years$1,714$1,402$1,139$920$739$243
20 years$1,611$1,303$1,045$833$660$202
21 years$1,518$1,213$962$756$591$168
22 years$1,434$1,133$886$687$529$140
23 years$1,357$1,059$818$626$475$116
24 years$1,287$993$757$571$427$97
25 years$1,222$932$701$521$384$81
26 years$1,163$875$650$477$346$67
27 years$1,107$824$604$436$312$56
28 years$1,056$776$561$400$282$47
29 years$1,009$732$522$367$254$39
30 years$965$692$486$337$230$33
31 years$924$654$453$309$208$27
32 years$885$619$423$284$188$23
33 years$849$586$395$261$170$19
34 years$815$555$369$240$154$16
35 years$783$527$345$221$139$13
36 years$753$500$323$204$126$11
37 years$724$475$302$188$115$9
38 years$698$451$283$173$104$8
39 years$672$429$265$160$94$6
40 years$648$408$248$147$85$5
41 years$625$389$233$136$77$4
42 years$603$370$219$125$70$4
43 years$583$353$205$116$64$3
44 years$563$336$193$107$58$3
45 years$544$321$181$99$53$2
46 years$527$306$170$91$48$2
47 years$510$292$159$84$43$2
48 years$493$279$150$78$39$1
49 years$478$266$141$72$36$1
50 years$463$254$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 $474,000, adding $5,079 every year, while hoping to spend $33,232 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: 22/48/30 Blend
29$474,000$474,000$474,000$474,000
30$527,587$502,465$495,118$534,127
31$546,042$491,727$476,346$529,648
32$565,266$479,349$455,831$521,778
33$585,302$465,216$433,480$512,654
34$606,197$449,206$409,195$502,195
35$628,000$431,188$382,875$490,316
36$650,766$411,026$354,411$476,930
37$674,554$388,576$323,694$461,942
38$699,427$363,685$290,606$445,255
39$725,453$336,190$255,025$426,766
40$752,706$305,920$216,826$406,368
41$781,266$272,694$175,874$383,947
42$811,221$236,322$132,031$359,387
43$842,664$196,601$85,153$332,563
44$875,699$153,317$35,089$303,346
45$910,437$106,246$0$271,600
46$946,998$55,149$0$243,055
47$985,515$0$0$224,061
48$1,026,131$0$0$203,393
49$1,069,003$0$0$212,357
50$1,114,302$0$0$221,865
51$1,162,213$0$0$231,959
52$1,212,940$0$0$242,689
53$1,266,705$0$0$254,105
54$1,323,751$0$0$266,266
55$1,384,342$0$0$279,234
56$1,448,769$0$0$293,077
57$1,517,348$0$0$307,871
58$1,590,429$0$0$323,699
59$1,668,390$0$0$340,651
60$1,751,650$0$0$358,825
61$1,840,663$0$0$378,332
62$1,935,932$0$0$399,289
63$2,038,006$0$0$421,829
64$2,147,486$0$0$446,095
65$2,265,034$0$0$472,245
66$2,391,374$0$0$500,453
67$2,527,303$0$0$530,910
68$2,673,695$0$0$563,824
69$2,831,511$0$0$599,427
70$3,001,804$0$0$637,971
71$3,185,733$0$0$679,734
72$3,384,573$0$0$725,024
73$3,599,722$0$0$774,175
74$3,832,718$0$0$827,559
75$4,085,254$0$0$885,581
76$4,359,189$0$0$948,691
77$4,656,568$0$0$1,017,381
78$4,979,641$0$0$1,092,193
79$5,330,882$0$0$1,173,723
80$5,713,015$0$0$1,262,629
81$6,129,035$0$0$1,359,632
82$6,582,237$0$0$1,465,528
83$7,076,249$0$0$1,581,193
84$7,615,063$0$0$1,707,590
85$8,203,073$0$0$1,845,781
86$8,845,114$0$0$1,996,934
87$9,546,512$0$0$2,162,335
88$10,313,127$0$0$2,343,402
89$11,151,413$0$0$2,541,693
90$12,068,473$0$0$2,758,927
91$13,072,131$0$0$2,996,994
92$14,171,002$0$0$3,257,980
93$15,374,571$0$0$3,544,178
94$16,693,285$0$0$3,858,115
95$18,138,650$0$0$4,202,575
96$19,723,334$0$0$4,580,625
97$21,461,295$0$0$4,995,642
98$23,367,902$0$0$5,451,345
99$25,460,086$0$0$5,951,835
100$27,756,496$0$0$6,501,624