Can I retire at age 30 with 404,000?

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 $404,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$33,362$33,065$32,775$32,492$32,216$31,122
2 years$16,516$16,208$15,910$15,621$15,341$14,250
3 years$10,901$10,592$10,295$10,009$9,733$8,679
4 years$8,094$7,786$7,492$7,211$6,942$5,933
5 years$6,411$6,105$5,814$5,538$5,277$4,316
6 years$5,289$4,985$4,699$4,429$4,175$3,263
7 years$4,488$4,186$3,905$3,641$3,396$2,532
8 years$3,887$3,588$3,311$3,055$2,817$2,001
9 years$3,420$3,124$2,852$2,602$2,372$1,603
10 years$3,047$2,754$2,487$2,243$2,021$1,297
11 years$2,742$2,452$2,189$1,952$1,738$1,058
12 years$2,487$2,201$1,943$1,712$1,507$869
13 years$2,273$1,989$1,736$1,512$1,314$717
14 years$2,089$1,808$1,560$1,342$1,152$594
15 years$1,929$1,651$1,408$1,197$1,014$494
16 years$1,790$1,515$1,277$1,071$896$412
17 years$1,667$1,395$1,162$963$795$344
18 years$1,558$1,289$1,060$868$706$288
19 years$1,461$1,195$971$784$630$241
20 years$1,373$1,110$891$710$562$202
21 years$1,294$1,034$820$644$503$170
22 years$1,222$965$755$586$451$143
23 years$1,157$903$697$534$405$120
24 years$1,097$846$645$487$364$101
25 years$1,042$794$597$444$328$85
26 years$991$746$554$406$295$72
27 years$944$702$514$372$266$61
28 years$900$662$478$341$240$51
29 years$860$624$445$313$217$43
30 years$822$590$415$287$196$36
31 years$787$557$386$263$177$31
32 years$754$527$361$242$160$26
33 years$724$499$337$223$145$22
34 years$695$473$315$205$131$18
35 years$667$449$294$189$119$16
36 years$642$426$275$174$108$13
37 years$617$405$258$160$98$11
38 years$595$385$241$147$88$9
39 years$573$366$226$136$80$8
40 years$552$348$212$125$73$7
41 years$533$331$199$116$66$6
42 years$514$315$186$107$60$5
43 years$497$301$175$99$54$4
44 years$480$286$164$91$49$3
45 years$464$273$154$84$45$3
46 years$449$261$145$78$41$2
47 years$434$249$136$72$37$2
48 years$420$237$128$66$34$2
49 years$407$227$120$61$30$1
50 years$394$217$113$57$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $404,000, adding $3,633 every year, while hoping to spend $26,659 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: 41/36/23 Blend
29$404,000$404,000$404,000$404,000
30$448,955$427,543$421,281$464,194
31$466,384$420,128$407,029$468,037
32$484,697$411,456$391,406$469,382
33$503,956$401,437$374,338$470,305
34$524,228$389,977$355,748$470,782
35$545,588$376,974$335,554$470,788
36$568,115$362,323$313,672$470,300
37$591,897$345,911$290,014$469,293
38$617,028$327,618$264,487$467,744
39$643,612$307,318$236,995$465,629
40$671,762$284,879$207,436$462,925
41$701,603$260,159$175,706$459,609
42$733,269$233,010$141,695$455,661
43$766,909$203,273$105,288$451,060
44$802,683$170,783$66,365$445,789
45$840,769$135,364$24,800$439,831
46$881,361$96,830$0$433,173
47$924,670$54,985$0$430,603
48$970,929$9,622$0$434,123
49$1,020,392$0$0$437,671
50$1,073,340$0$0$456,927
51$1,130,077$0$0$481,679
52$1,190,940$0$0$508,267
53$1,256,298$0$0$536,857
54$1,326,554$0$0$567,632
55$1,402,153$0$0$600,789
56$1,483,582$0$0$636,549
57$1,571,377$0$0$675,153
58$1,666,126$0$0$716,866
59$1,768,475$0$0$761,977
60$1,879,134$0$0$810,808
61$1,998,884$0$0$863,710
62$2,128,583$0$0$921,068
63$2,269,174$0$0$983,309
64$2,421,696$0$0$1,050,900
65$2,587,288$0$0$1,124,355
66$2,767,205$0$0$1,204,239
67$2,962,829$0$0$1,291,176
68$3,175,677$0$0$1,385,849
69$3,407,421$0$0$1,489,013
70$3,659,900$0$0$1,601,496
71$3,935,136$0$0$1,724,211
72$4,235,357$0$0$1,858,164
73$4,563,014$0$0$2,004,459
74$4,920,805$0$0$2,164,314
75$5,311,700$0$0$2,339,070
76$5,738,970$0$0$2,530,201
77$6,206,213$0$0$2,739,333
78$6,717,393$0$0$2,968,255
79$7,276,876$0$0$3,218,937
80$7,889,467$0$0$3,493,547
81$8,560,458$0$0$3,794,475
82$9,295,677$0$0$4,124,353
83$10,101,543$0$0$4,486,077
84$10,985,126$0$0$4,882,841
85$11,954,211$0$0$5,318,158
86$13,017,373$0$0$5,795,902
87$14,184,058$0$0$6,320,337
88$15,464,671$0$0$6,896,162
89$16,870,673$0$0$7,528,552
90$18,414,688$0$0$8,223,209
91$20,110,623$0$0$8,986,414
92$21,973,800$0$0$9,825,086
93$24,021,095$0$0$10,746,846
94$26,271,102$0$0$11,760,094
95$28,744,305$0$0$12,874,080
96$31,463,272$0$0$14,098,999
97$34,452,865$0$0$15,446,080
98$37,740,477$0$0$16,927,696
99$41,356,289$0$0$18,557,480
100$45,333,552$0$0$20,350,451