Can I retire at age 30 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$38,564$38,221$37,886$37,559$37,239$35,889
2 years$19,091$18,736$18,391$18,057$17,733$16,388
3 years$12,601$12,244$11,900$11,569$11,251$9,952
4 years$9,357$9,001$8,660$8,335$8,024$6,783
5 years$7,410$7,057$6,721$6,402$6,100$4,919
6 years$6,113$5,762$5,431$5,120$4,826$3,706
7 years$5,187$4,839$4,514$4,209$3,925$2,866
8 years$4,493$4,148$3,828$3,531$3,256$2,257
9 years$3,953$3,612$3,297$3,008$2,742$1,801
10 years$3,522$3,183$2,874$2,593$2,337$1,452
11 years$3,169$2,834$2,531$2,256$2,010$1,180
12 years$2,875$2,544$2,246$1,979$1,741$965
13 years$2,627$2,299$2,006$1,747$1,519$793
14 years$2,414$2,089$1,803$1,551$1,331$654
15 years$2,230$1,909$1,628$1,383$1,172$542
16 years$2,069$1,751$1,476$1,239$1,036$449
17 years$1,927$1,613$1,343$1,113$918$374
18 years$1,801$1,490$1,226$1,003$817$311
19 years$1,688$1,381$1,122$906$728$260
20 years$1,587$1,284$1,030$821$650$217
21 years$1,496$1,196$947$745$582$181
22 years$1,413$1,116$873$677$522$152
23 years$1,337$1,044$806$617$468$127
24 years$1,268$978$746$563$421$106
25 years$1,204$918$691$514$379$89
26 years$1,145$863$640$470$341$75
27 years$1,091$812$595$430$308$63
28 years$1,041$765$553$394$277$53
29 years$994$722$514$361$251$44
30 years$951$681$479$332$226$37
31 years$910$644$447$304$205$31
32 years$872$610$417$280$185$26
33 years$836$577$389$257$168$22
34 years$803$547$364$237$152$18
35 years$771$519$340$218$137$16
36 years$742$493$318$201$124$13
37 years$714$468$298$185$113$11
38 years$687$445$279$170$102$9
39 years$662$423$261$157$93$8
40 years$638$402$245$145$84$6
41 years$616$383$230$134$76$5
42 years$595$365$215$123$69$5
43 years$574$347$202$114$63$4
44 years$555$331$190$105$57$3
45 years$536$316$178$97$52$3
46 years$519$301$167$90$47$2
47 years$502$287$157$83$43$2
48 years$486$274$148$77$39$2
49 years$471$262$139$71$35$1
50 years$456$250$130$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $467,000, adding $2,136 every year, while hoping to spend $30,427 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: 68/13/19 Blend
29$467,000$467,000$467,000$467,000
30$516,837$492,086$484,848$549,429
31$537,181$483,824$468,716$563,218
32$558,579$474,138$451,024$574,542
33$581,108$462,925$431,688$586,185
34$604,851$450,077$410,618$598,176
35$629,895$435,481$387,724$610,549
36$656,340$419,015$362,908$623,342
37$684,292$400,552$336,070$636,598
38$713,866$379,955$307,105$650,364
39$745,189$357,082$275,902$664,694
40$778,401$331,781$242,347$679,649
41$813,652$303,893$206,320$695,298
42$851,108$273,247$167,695$711,717
43$890,950$239,665$126,342$728,991
44$933,376$202,958$82,124$747,216
45$978,604$162,927$34,899$766,501
46$1,026,871$119,359$0$786,965
47$1,078,437$72,033$0$811,884
48$1,133,588$20,713$0$846,022
49$1,192,636$0$0$882,496
50$1,255,925$0$0$926,513
51$1,323,832$0$0$976,938
52$1,396,768$0$0$1,031,119
53$1,475,188$0$0$1,089,394
54$1,559,590$0$0$1,152,135
55$1,650,519$0$0$1,219,752
56$1,748,576$0$0$1,292,694
57$1,854,421$0$0$1,371,455
58$1,968,778$0$0$1,456,577
59$2,092,443$0$0$1,548,656
60$2,226,292$0$0$1,648,348
61$2,371,287$0$0$1,756,373
62$2,528,485$0$0$1,873,523
63$2,699,051$0$0$2,000,670
64$2,884,263$0$0$2,138,771
65$3,085,529$0$0$2,288,880
66$3,304,396$0$0$2,452,157
67$3,542,569$0$0$2,629,877
68$3,801,920$0$0$2,823,444
69$4,084,513$0$0$3,034,403
70$4,392,617$0$0$3,264,453
71$4,728,728$0$0$3,515,464
72$5,095,597$0$0$3,789,498
73$5,496,250$0$0$4,088,819
74$5,934,018$0$0$4,415,924
75$6,412,568$0$0$4,773,561
76$6,935,939$0$0$5,164,753
77$7,508,576$0$0$5,592,833
78$8,135,375$0$0$6,061,466
79$8,821,726$0$0$6,574,693
80$9,573,567$0$0$7,136,959
81$10,397,434$0$0$7,753,164
82$11,300,527$0$0$8,428,701
83$12,290,776$0$0$9,169,511
84$13,376,915$0$0$9,982,138
85$14,568,564$0$0$10,873,789
86$15,876,317$0$0$11,852,403
87$17,311,847$0$0$12,926,724
88$18,888,009$0$0$14,106,386
89$20,618,966$0$0$15,401,999
90$22,520,319$0$0$16,825,252
91$24,609,254$0$0$18,389,022
92$26,904,703$0$0$20,107,497
93$29,427,525$0$0$21,996,304
94$32,200,700$0$0$24,072,662
95$35,249,542$0$0$26,355,539
96$38,601,944$0$0$28,865,835
97$42,288,635$0$0$31,626,575
98$46,343,472$0$0$34,663,127
99$50,803,755$0$0$38,003,444
100$55,710,585$0$0$41,678,320