Can I retire at age 30 with 474,000?

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 $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%19.9%
1 years$39,142$38,794$38,454$38,122$37,797$36,298
2 years$19,377$19,017$18,667$18,328$17,999$16,506
3 years$12,790$12,428$12,079$11,743$11,419$9,981
4 years$9,497$9,136$8,790$8,460$8,144$6,772
5 years$7,522$7,162$6,822$6,498$6,191$4,887
6 years$6,205$5,849$5,513$5,197$4,899$3,665
7 years$5,265$4,912$4,581$4,272$3,984$2,819
8 years$4,560$4,210$3,885$3,584$3,305$2,208
9 years$4,013$3,666$3,346$3,053$2,783$1,753
10 years$3,575$3,231$2,917$2,632$2,372$1,405
11 years$3,217$2,877$2,568$2,290$2,040$1,135
12 years$2,918$2,582$2,279$2,009$1,768$923
13 years$2,666$2,333$2,037$1,773$1,541$754
14 years$2,450$2,121$1,830$1,574$1,351$618
15 years$2,263$1,937$1,652$1,404$1,190$508
16 years$2,100$1,778$1,498$1,257$1,051$419
17 years$1,956$1,637$1,363$1,130$932$346
18 years$1,828$1,513$1,244$1,018$829$286
19 years$1,714$1,402$1,139$920$739$237
20 years$1,611$1,303$1,045$833$660$197
21 years$1,518$1,213$962$756$591$163
22 years$1,434$1,133$886$687$529$136
23 years$1,357$1,059$818$626$475$113
24 years$1,287$993$757$571$427$94
25 years$1,222$932$701$521$384$78
26 years$1,163$875$650$477$346$65
27 years$1,107$824$604$436$312$54
28 years$1,056$776$561$400$282$45
29 years$1,009$732$522$367$254$38
30 years$965$692$486$337$230$31
31 years$924$654$453$309$208$26
32 years$885$619$423$284$188$22
33 years$849$586$395$261$170$18
34 years$815$555$369$240$154$15
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$7
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$2
45 years$544$321$181$99$53$2
46 years$527$306$170$91$48$2
47 years$510$292$159$84$43$1
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 $2,827 every year, while hoping to spend $25,996 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: 84/9/7 Blend
29$474,000$474,000$474,000$474,000
30$525,264$500,142$492,795$568,827
31$551,181$496,989$481,644$594,540
32$578,871$492,811$469,248$618,961
33$608,486$487,529$455,539$644,968
34$640,195$481,062$440,443$672,703
35$674,183$473,321$423,885$702,324
36$710,650$464,215$405,786$734,003
37$749,820$453,644$386,063$767,931
38$791,935$441,507$364,630$804,317
39$837,264$427,692$341,396$843,392
40$886,100$412,084$316,268$885,410
41$938,765$394,559$289,146$930,651
42$995,614$374,987$259,927$979,423
43$1,057,036$353,231$228,504$1,032,066
44$1,123,459$329,145$194,764$1,088,955
45$1,195,353$302,574$158,590$1,150,501
46$1,273,236$273,357$119,860$1,217,159
47$1,357,675$241,320$78,444$1,289,430
48$1,449,295$206,283$34,209$1,367,865
49$1,548,785$168,052$0$1,453,074
50$1,656,900$126,426$0$1,546,697
51$1,774,473$81,189$0$1,651,292
52$1,902,417$32,116$0$1,765,127
53$2,041,741$0$0$1,889,112
54$2,193,552$0$0$2,026,332
55$2,359,070$0$0$2,179,416
56$2,539,636$0$0$2,346,427
57$2,736,728$0$0$2,528,731
58$2,951,973$0$0$2,727,833
59$3,187,159$0$0$2,945,391
60$3,444,258$0$0$3,183,228
61$3,725,440$0$0$3,443,353
62$4,033,092$0$0$3,727,976
63$4,369,847$0$0$4,039,534
64$4,738,600$0$0$4,380,706
65$5,142,541$0$0$4,754,446
66$5,585,183$0$0$5,164,006
67$6,070,395$0$0$5,612,965
68$6,602,437$0$0$6,105,268
69$7,186,003$0$0$6,645,259
70$7,826,262$0$0$7,237,723
71$8,528,906$0$0$7,887,930
72$9,300,207$0$0$8,601,685
73$10,147,074$0$0$9,385,381
74$11,077,116$0$0$10,246,064
75$12,098,716$0$0$11,191,493
76$13,221,109$0$0$12,230,217
77$14,454,469$0$0$13,371,651
78$15,810,002$0$0$14,626,172
79$17,300,056$0$0$16,005,207
80$18,938,236$0$0$17,521,350
81$20,739,527$0$0$19,188,474
82$22,720,442$0$0$21,021,862
83$24,899,174$0$0$23,038,355
84$27,295,765$0$0$25,256,507
85$29,932,300$0$0$27,696,759
86$32,833,111$0$0$30,381,636
87$36,025,008$0$0$33,335,955
88$39,537,530$0$0$36,587,059
89$43,403,226$0$0$40,165,077
90$47,657,958$0$0$44,103,206
91$52,341,242$0$0$48,438,025
92$57,496,620$0$0$53,209,839
93$63,172,068$0$0$58,463,058
94$69,420,452$0$0$64,246,619
95$76,300,023$0$0$70,614,444
96$83,874,969$0$0$77,625,948
97$92,216,019$0$0$85,346,605
98$101,401,108$0$0$93,848,557
99$111,516,116$0$0$103,211,301
100$122,655,677$0$0$113,522,435