Can I retire at age 30 with 459,000?

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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$37,904$37,566$37,237$36,915$36,601$35,804
2 years$18,764$18,415$18,076$17,748$17,429$16,630
3 years$12,385$12,034$11,696$11,371$11,058$10,281
4 years$9,196$8,846$8,512$8,192$7,887$7,139
5 years$7,284$6,936$6,606$6,292$5,995$5,279
6 years$6,009$5,664$5,338$5,032$4,744$4,059
7 years$5,099$4,756$4,436$4,137$3,858$3,205
8 years$4,416$4,077$3,762$3,471$3,201$2,580
9 years$3,886$3,550$3,240$2,956$2,695$2,106
10 years$3,462$3,129$2,825$2,548$2,297$1,738
11 years$3,115$2,785$2,487$2,218$1,975$1,446
12 years$2,826$2,500$2,207$1,945$1,712$1,212
13 years$2,582$2,259$1,972$1,717$1,493$1,021
14 years$2,373$2,054$1,772$1,524$1,308$864
15 years$2,192$1,876$1,600$1,360$1,152$734
16 years$2,034$1,721$1,450$1,217$1,018$626
17 years$1,894$1,585$1,320$1,094$903$535
18 years$1,770$1,465$1,205$986$803$458
19 years$1,659$1,358$1,103$891$715$393
20 years$1,560$1,262$1,012$807$639$337
21 years$1,470$1,175$931$732$572$290
22 years$1,388$1,097$858$666$513$250
23 years$1,314$1,026$792$606$460$215
24 years$1,246$961$733$553$414$186
25 years$1,183$902$679$505$372$160
26 years$1,126$848$629$462$335$139
27 years$1,072$798$585$423$302$120
28 years$1,023$752$543$387$273$104
29 years$977$709$506$355$246$90
30 years$934$670$471$326$223$78
31 years$894$633$439$299$201$67
32 years$857$599$410$275$182$58
33 years$822$567$383$253$165$50
34 years$789$538$357$233$149$44
35 years$758$510$334$214$135$38
36 years$729$484$313$197$122$33
37 years$701$460$293$182$111$28
38 years$675$437$274$168$101$25
39 years$651$416$257$154$91$21
40 years$628$395$241$142$83$18
41 years$605$376$226$131$75$16
42 years$584$358$212$121$68$14
43 years$564$341$199$112$62$12
44 years$545$325$186$103$56$10
45 years$527$310$175$96$51$9
46 years$510$296$164$88$46$8
47 years$493$283$154$82$42$7
48 years$478$270$145$75$38$6
49 years$463$258$136$70$35$5
50 years$448$246$128$64$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $459,000, adding $2,037 every year, while hoping to spend $27,585 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: 34/39/27 Blend
29$459,000$459,000$459,000$459,000
30$507,919$483,592$476,478$520,976
31$530,377$477,938$463,089$525,318
32$554,200$471,082$448,328$527,378
33$579,500$462,937$432,119$529,062
34$606,397$453,409$414,383$530,354
35$635,023$442,399$395,038$531,241
36$665,522$429,803$373,998$531,710
37$698,052$415,510$351,174$531,750
38$732,787$399,404$326,472$531,352
39$769,916$381,359$299,793$530,509
40$809,647$361,245$271,036$529,217
41$852,208$338,924$240,093$527,474
42$897,850$314,248$206,853$525,284
43$946,848$287,062$171,199$522,653
44$999,501$257,204$133,009$519,593
45$1,056,142$224,498$92,156$516,122
46$1,117,132$188,763$48,508$512,264
47$1,182,872$149,804$1,925$508,051
48$1,253,798$107,418$0$503,522
49$1,330,393$61,388$0$512,496
50$1,413,184$11,488$0$522,752
51$1,502,753$0$0$533,855
52$1,599,740$0$0$564,188
53$1,704,846$0$0$602,461
54$1,818,843$0$0$644,029
55$1,942,581$0$0$689,212
56$2,076,995$0$0$738,357
57$2,223,111$0$0$791,848
58$2,382,060$0$0$850,109
59$2,555,087$0$0$913,603
60$2,743,558$0$0$982,841
61$2,948,982$0$0$1,058,388
62$3,173,014$0$0$1,140,863
63$3,417,479$0$0$1,230,947
64$3,684,386$0$0$1,329,392
65$3,975,944$0$0$1,437,024
66$4,294,587$0$0$1,554,754
67$4,642,995$0$0$1,683,583
68$5,024,116$0$0$1,824,616
69$5,441,199$0$0$1,979,068
70$5,897,820$0$0$2,148,276
71$6,397,918$0$0$2,333,714
72$6,945,829$0$0$2,537,007
73$7,546,329$0$0$2,759,940
74$8,204,680$0$0$3,004,484
75$8,926,674$0$0$3,272,807
76$9,718,692$0$0$3,567,298
77$10,587,764$0$0$3,890,587
78$11,541,630$0$0$4,245,574
79$12,588,819$0$0$4,635,451
80$13,738,724$0$0$5,063,736
81$15,001,694$0$0$5,534,303
82$16,389,128$0$0$6,051,421
83$17,913,584$0$0$6,619,793
84$19,588,897$0$0$7,244,599
85$21,430,307$0$0$7,931,547
86$23,454,607$0$0$8,686,925
87$25,680,295$0$0$9,517,663
88$28,127,752$0$0$10,431,393
89$30,819,435$0$0$11,436,526
90$33,780,082$0$0$12,542,329
91$37,036,954$0$0$13,759,010
92$40,620,082$0$0$15,097,819
93$44,562,558$0$0$16,571,152
94$48,900,842$0$0$18,192,666
95$53,675,108$0$0$19,977,408
96$58,929,619$0$0$21,941,961
97$64,713,150$0$0$24,104,594
98$71,079,442$0$0$26,485,439
99$78,087,710$0$0$29,106,679
100$85,803,203$0$0$31,992,756