Can I retire at age 30 with 460,000?

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 $460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$37,986$37,648$37,318$36,996$36,681$36,044
2 years$18,805$18,455$18,115$17,786$17,467$16,827
3 years$12,412$12,060$11,722$11,396$11,082$10,459
4 years$9,216$8,866$8,531$8,210$7,904$7,303
5 years$7,299$6,951$6,620$6,306$6,008$5,431
6 years$6,022$5,676$5,350$5,043$4,754$4,202
7 years$5,110$4,767$4,446$4,146$3,866$3,338
8 years$4,426$4,086$3,770$3,478$3,208$2,704
9 years$3,894$3,557$3,247$2,963$2,701$2,222
10 years$3,469$3,136$2,831$2,554$2,302$1,846
11 years$3,122$2,792$2,493$2,223$1,979$1,547
12 years$2,832$2,506$2,212$1,949$1,715$1,306
13 years$2,588$2,264$1,976$1,721$1,496$1,108
14 years$2,378$2,058$1,776$1,528$1,311$945
15 years$2,197$1,880$1,603$1,363$1,154$809
16 years$2,038$1,725$1,454$1,220$1,020$695
17 years$1,898$1,589$1,323$1,096$905$598
18 years$1,774$1,468$1,207$988$804$516
19 years$1,663$1,361$1,105$893$717$446
20 years$1,563$1,264$1,014$808$640$387
21 years$1,473$1,178$933$734$573$336
22 years$1,391$1,099$860$667$514$291
23 years$1,317$1,028$794$608$461$253
24 years$1,249$963$734$554$414$221
25 years$1,186$904$680$506$373$192
26 years$1,128$850$631$463$336$167
27 years$1,075$800$586$424$303$146
28 years$1,025$753$545$388$273$127
29 years$979$711$507$356$247$111
30 years$936$671$472$327$223$97
31 years$896$635$440$300$202$85
32 years$859$600$411$276$182$74
33 years$824$569$383$253$165$65
34 years$791$539$358$233$149$57
35 years$760$511$335$215$135$50
36 years$731$485$313$198$123$43
37 years$703$461$293$182$111$38
38 years$677$438$275$168$101$33
39 years$652$416$257$155$91$29
40 years$629$396$241$143$83$25
41 years$607$377$226$132$75$22
42 years$586$359$212$122$68$19
43 years$566$342$199$112$62$17
44 years$547$326$187$104$56$15
45 years$528$311$175$96$51$13
46 years$511$297$165$88$46$11
47 years$495$283$155$82$42$10
48 years$479$270$145$75$38$9
49 years$464$258$137$70$35$8
50 years$449$247$129$64$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $460,000, adding $4,113 every year, while hoping to spend $31,469 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: 81/13/6 Blend
29$460,000$460,000$460,000$460,000
30$511,163$486,783$479,653$552,014
31$529,818$477,152$462,238$569,706
32$549,322$465,995$443,186$584,509
33$569,728$453,203$422,407$599,789
34$591,092$438,663$399,810$615,578
35$613,479$422,252$375,298$631,908
36$636,954$403,843$348,772$648,816
37$661,593$383,301$320,125$666,343
38$687,474$360,481$289,248$684,534
39$714,685$335,233$256,026$703,439
40$743,319$307,396$220,339$723,113
41$773,480$276,801$182,063$743,616
42$805,279$243,268$141,066$765,016
43$838,839$206,609$97,213$787,388
44$874,290$166,623$50,360$810,814
45$911,780$123,100$359$835,386
46$951,465$75,815$0$861,204
47$993,519$24,535$0$891,775
48$1,038,130$0$0$924,074
49$1,085,504$0$0$962,659
50$1,135,867$0$0$1,007,416
51$1,189,466$0$0$1,055,056
52$1,246,571$0$0$1,105,818
53$1,307,477$0$0$1,159,967
54$1,372,509$0$0$1,217,792
55$1,442,023$0$0$1,279,610
56$1,516,406$0$0$1,345,767
57$1,596,086$0$0$1,416,646
58$1,681,532$0$0$1,492,662
59$1,773,256$0$0$1,574,275
60$1,871,822$0$0$1,661,988
61$1,977,850$0$0$1,756,352
62$2,092,018$0$0$1,857,974
63$2,215,073$0$0$1,967,519
64$2,347,834$0$0$2,085,718
65$2,491,202$0$0$2,213,376
66$2,646,165$0$0$2,351,374
67$2,813,812$0$0$2,500,684
68$2,995,338$0$0$2,662,372
69$3,192,057$0$0$2,837,610
70$3,405,413$0$0$3,027,688
71$3,636,997$0$0$3,234,025
72$3,888,555$0$0$3,458,179
73$4,162,011$0$0$3,701,867
74$4,459,479$0$0$3,966,977
75$4,783,286$0$0$4,255,584
76$5,135,994$0$0$4,569,975
77$5,520,419$0$0$4,912,663
78$5,939,664$0$0$5,286,417
79$6,397,140$0$0$5,694,283
80$6,896,605$0$0$6,139,614
81$7,442,195$0$0$6,626,101
82$8,038,462$0$0$7,157,807
83$8,690,419$0$0$7,739,206
84$9,403,585$0$0$8,375,224
85$10,184,036$0$0$9,071,284
86$11,038,464$0$0$9,833,359
87$11,974,236$0$0$10,668,024
88$12,999,467$0$0$11,582,523
89$14,123,094$0$0$12,584,831
90$15,354,957$0$0$13,683,733
91$16,705,897$0$0$14,888,903
92$18,187,852$0$0$16,210,997
93$19,813,971$0$0$17,661,753
94$21,598,740$0$0$19,254,098
95$23,558,114$0$0$21,002,275
96$25,709,667$0$0$22,921,970
97$28,072,760$0$0$25,030,464
98$30,668,720$0$0$27,346,793
99$33,521,044$0$0$29,891,930
100$36,655,615$0$0$32,688,977