Can I retire at age 30 with 401,000?

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 $401,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$33,114$32,819$32,531$32,251$31,976$30,744
2 years$16,393$16,088$15,792$15,505$15,227$14,000
3 years$10,820$10,514$10,218$9,934$9,661$8,478
4 years$8,034$7,729$7,436$7,157$6,890$5,760
5 years$6,363$6,059$5,771$5,497$5,238$4,164
6 years$5,249$4,948$4,664$4,396$4,144$3,127
7 years$4,454$4,155$3,876$3,614$3,370$2,410
8 years$3,858$3,562$3,287$3,032$2,796$1,891
9 years$3,395$3,101$2,831$2,583$2,355$1,504
10 years$3,024$2,734$2,468$2,226$2,006$1,208
11 years$2,721$2,434$2,173$1,937$1,726$978
12 years$2,469$2,184$1,928$1,699$1,495$796
13 years$2,256$1,974$1,723$1,500$1,304$652
14 years$2,073$1,794$1,548$1,332$1,143$535
15 years$1,915$1,639$1,398$1,188$1,006$441
16 years$1,777$1,504$1,267$1,064$889$365
17 years$1,655$1,385$1,153$956$789$302
18 years$1,547$1,280$1,053$861$701$250
19 years$1,450$1,186$964$778$625$208
20 years$1,363$1,102$884$705$558$173
21 years$1,284$1,027$813$640$500$144
22 years$1,213$958$750$582$448$120
23 years$1,148$896$692$530$402$100
24 years$1,089$840$640$483$361$83
25 years$1,034$788$593$441$325$69
26 years$983$741$550$403$293$58
27 years$937$697$511$369$264$48
28 years$894$657$475$338$238$40
29 years$854$620$442$310$215$34
30 years$816$585$411$285$194$28
31 years$781$553$384$261$176$24
32 years$749$523$358$240$159$20
33 years$718$496$334$221$144$16
34 years$689$470$312$203$130$14
35 years$662$446$292$187$118$11
36 years$637$423$273$172$107$10
37 years$613$402$256$159$97$8
38 years$590$382$239$146$88$7
39 years$569$363$224$135$80$6
40 years$548$345$210$124$72$5
41 years$529$329$197$115$66$4
42 years$511$313$185$106$59$3
43 years$493$298$173$98$54$3
44 years$476$284$163$90$49$2
45 years$461$271$153$83$44$2
46 years$445$259$144$77$40$2
47 years$431$247$135$71$37$1
48 years$417$236$127$66$33$1
49 years$404$225$119$61$30$1
50 years$392$215$112$56$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $401,000, adding $4,759 every year, while hoping to spend $25,635 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: 55/23/22 Blend
29$401,000$401,000$401,000$401,000
30$446,811$425,558$419,342$468,465
31$465,110$419,135$406,115$477,405
32$484,417$411,538$391,585$484,034
33$504,806$402,682$375,682$490,706
34$526,362$392,479$358,333$497,433
35$549,173$380,832$339,459$504,228
36$573,338$367,642$318,980$511,108
37$598,964$352,803$296,812$518,095
38$626,170$336,201$272,866$525,211
39$655,083$317,719$247,051$532,486
40$685,844$297,230$219,270$539,953
41$718,606$274,601$189,422$547,649
42$753,539$249,691$157,403$555,619
43$790,827$222,353$123,103$563,915
44$830,672$192,428$86,407$572,594
45$873,294$159,752$47,196$581,725
46$918,938$124,147$5,345$591,383
47$967,870$85,430$0$601,656
48$1,020,381$43,405$0$621,872
49$1,076,793$0$0$644,854
50$1,137,458$0$0$670,046
51$1,202,761$0$0$709,016
52$1,273,128$0$0$751,036
53$1,349,024$0$0$796,387
54$1,430,962$0$0$845,380
55$1,519,504$0$0$898,355
56$1,615,268$0$0$955,686
57$1,718,935$0$0$1,017,783
58$1,831,252$0$0$1,085,101
59$1,953,040$0$0$1,158,134
60$2,085,204$0$0$1,237,432
61$2,228,735$0$0$1,323,595
62$2,384,729$0$0$1,417,284
63$2,554,386$0$0$1,519,229
64$2,739,031$0$0$1,630,229
65$2,940,119$0$0$1,751,166
66$3,159,251$0$0$1,883,011
67$3,398,191$0$0$2,026,830
68$3,658,879$0$0$2,183,800
69$3,943,450$0$0$2,355,212
70$4,254,256$0$0$2,542,492
71$4,593,883$0$0$2,747,205
72$4,965,183$0$0$2,971,080
73$5,371,290$0$0$3,216,014
74$5,815,659$0$0$3,484,102
75$6,302,094$0$0$3,777,646
76$6,834,783$0$0$4,099,183
77$7,418,336$0$0$4,451,509
78$8,057,834$0$0$4,837,699
79$8,758,870$0$0$5,261,143
80$9,527,604$0$0$5,725,573
81$10,370,822$0$0$6,235,100
82$11,295,997$0$0$6,794,253
83$12,311,362$0$0$7,408,020
84$13,425,983$0$0$8,081,895
85$14,649,851$0$0$8,821,929
86$15,993,967$0$0$9,634,792
87$17,470,452$0$0$10,527,826
88$19,092,660$0$0$11,509,125
89$20,875,300$0$0$12,587,600
90$22,834,578$0$0$13,773,073
91$24,988,346$0$0$15,076,363
92$27,356,276$0$0$16,509,389
93$29,960,036$0$0$18,085,284
94$32,823,503$0$0$19,818,517
95$35,972,981$0$0$21,725,027
96$39,437,453$0$0$23,822,380
97$43,248,850$0$0$26,129,927
98$47,442,356$0$0$28,668,991
99$52,056,737$0$0$31,463,063
100$57,134,705$0$0$34,538,031