Can I retire at age 30 with 473,000?

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 $473,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$39,060$38,712$38,373$38,041$37,718$36,643
2 years$19,337$18,976$18,627$18,289$17,961$16,886
3 years$12,763$12,401$12,053$11,718$11,395$10,354
4 years$9,477$9,116$8,772$8,442$8,127$7,128
5 years$7,506$7,147$6,807$6,484$6,178$5,224
6 years$6,192$5,836$5,501$5,186$4,888$3,980
7 years$5,254$4,901$4,572$4,263$3,976$3,113
8 years$4,551$4,201$3,877$3,576$3,298$2,480
9 years$4,004$3,658$3,339$3,046$2,778$2,004
10 years$3,567$3,224$2,911$2,626$2,367$1,636
11 years$3,210$2,870$2,563$2,285$2,035$1,347
12 years$2,912$2,576$2,275$2,005$1,764$1,116
13 years$2,661$2,328$2,032$1,770$1,538$930
14 years$2,445$2,116$1,826$1,571$1,348$778
15 years$2,259$1,933$1,649$1,401$1,187$653
16 years$2,096$1,774$1,495$1,254$1,049$550
17 years$1,952$1,634$1,360$1,127$930$464
18 years$1,824$1,510$1,242$1,016$827$392
19 years$1,710$1,399$1,137$918$737$332
20 years$1,608$1,300$1,043$831$659$282
21 years$1,515$1,211$959$754$589$239
22 years$1,431$1,130$884$686$528$203
23 years$1,354$1,057$817$625$474$173
24 years$1,284$991$755$570$426$147
25 years$1,219$930$699$520$384$125
26 years$1,160$874$649$476$345$107
27 years$1,105$822$602$435$311$91
28 years$1,054$775$560$399$281$78
29 years$1,007$731$521$366$254$66
30 years$963$690$485$336$229$57
31 years$922$653$452$308$207$48
32 years$883$617$422$283$188$41
33 years$847$585$394$261$170$35
34 years$813$554$368$240$154$30
35 years$781$526$344$221$139$26
36 years$751$499$322$203$126$22
37 years$723$474$302$187$114$19
38 years$696$450$282$173$104$16
39 years$671$428$265$159$94$14
40 years$647$407$248$147$85$12
41 years$624$388$232$135$77$10
42 years$602$369$218$125$70$9
43 years$582$352$205$115$64$7
44 years$562$335$192$107$58$6
45 years$543$320$180$98$52$5
46 years$525$305$169$91$48$5
47 years$508$291$159$84$43$4
48 years$492$278$150$78$39$3
49 years$477$265$141$72$36$3
50 years$462$254$132$66$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $473,000, adding $5,053 every year, while hoping to spend $22,132 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: 73/22/5 Blend
29$473,000$473,000$473,000$473,000
30$526,458$501,389$494,058$564,303
31$556,609$502,409$487,060$590,931
32$589,093$502,737$479,087$616,791
33$624,125$502,316$470,081$644,477
34$661,941$501,085$459,984$674,162
35$702,801$498,980$448,735$706,035
36$746,988$495,931$436,270$740,307
37$794,816$491,867$422,520$777,210
38$846,630$486,711$407,417$816,999
39$902,806$480,380$390,886$859,956
40$963,763$472,789$372,850$906,391
41$1,029,955$463,845$353,230$956,648
42$1,101,889$453,451$331,941$1,011,105
43$1,180,116$441,504$308,895$1,070,178
44$1,265,246$427,896$284,001$1,134,328
45$1,357,949$412,511$257,163$1,204,063
46$1,458,962$395,227$228,281$1,279,943
47$1,569,098$375,915$197,250$1,362,585
48$1,689,249$354,438$163,961$1,452,671
49$1,820,400$330,652$128,301$1,550,953
50$1,963,631$304,404$90,149$1,658,261
51$2,120,134$275,533$49,382$1,775,508
52$2,291,222$243,868$5,870$1,903,705
53$2,478,337$209,229$0$2,043,964
54$2,683,071$171,424$0$2,199,678
55$2,907,174$130,254$0$2,370,512
56$3,152,575$85,505$0$2,557,655
57$3,421,395$36,952$0$2,762,762
58$3,715,973$0$0$2,987,660
59$4,038,885$0$0$3,238,148
60$4,392,966$0$0$3,522,647
61$4,781,341$0$0$3,834,722
62$5,207,448$0$0$4,177,140
63$5,675,078$0$0$4,552,951
64$6,188,406$0$0$4,965,511
65$6,752,028$0$0$5,418,519
66$7,371,011$0$0$5,916,050
67$8,050,934$0$0$6,462,591
68$8,797,944$0$0$7,063,087
69$9,618,811$0$0$7,722,986
70$10,520,997$0$0$8,448,287
71$11,512,719$0$0$9,245,601
72$12,603,032$0$0$10,122,213
73$13,801,912$0$0$11,086,146
74$15,120,348$0$0$12,146,242
75$16,570,450$0$0$13,312,241
76$18,165,560$0$0$14,594,875
77$19,920,375$0$0$16,005,968
78$21,851,092$0$0$17,558,549
79$23,975,556$0$0$19,266,972
80$26,313,428$0$0$21,147,054
81$28,886,373$0$0$23,216,222
82$31,718,261$0$0$25,493,678
83$34,835,393$0$0$28,000,582
84$38,266,753$0$0$30,760,245
85$42,044,272$0$0$33,798,358
86$46,203,140$0$0$37,143,227
87$50,782,128$0$0$40,826,041
88$55,823,960$0$0$44,881,169
89$61,375,714$0$0$49,346,484
90$67,489,265$0$0$54,263,714
91$74,221,774$0$0$59,678,845
92$81,636,231$0$0$65,642,546
93$89,802,042$0$0$72,210,653
94$98,795,693$0$0$79,444,693
95$108,701,462$0$0$87,412,464
96$119,612,220$0$0$96,188,677
97$131,630,307$0$0$105,855,658
98$144,868,495$0$0$116,504,127
99$159,451,052$0$0$128,234,053
100$175,514,918$0$0$141,155,596