Can I retire at age 30 with 405,000?

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 $405,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$33,445$33,147$32,856$32,572$32,295$31,553
2 years$16,557$16,248$15,949$15,660$15,379$14,635
3 years$10,928$10,618$10,320$10,033$9,757$9,035
4 years$8,114$7,806$7,511$7,228$6,959$6,264
5 years$6,427$6,120$5,829$5,552$5,290$4,625
6 years$5,302$4,997$4,710$4,440$4,186$3,550
7 years$4,499$4,197$3,914$3,650$3,404$2,799
8 years$3,897$3,597$3,320$3,062$2,824$2,249
9 years$3,429$3,132$2,859$2,608$2,378$1,832
10 years$3,054$2,761$2,493$2,248$2,026$1,509
11 years$2,748$2,458$2,195$1,957$1,743$1,254
12 years$2,494$2,206$1,948$1,716$1,510$1,048
13 years$2,278$1,994$1,740$1,515$1,317$882
14 years$2,094$1,812$1,563$1,345$1,154$745
15 years$1,934$1,655$1,412$1,200$1,016$631
16 years$1,794$1,519$1,280$1,074$898$537
17 years$1,671$1,399$1,165$965$797$458
18 years$1,562$1,292$1,063$870$708$391
19 years$1,464$1,198$973$786$631$335
20 years$1,376$1,113$893$712$564$287
21 years$1,297$1,037$822$646$505$246
22 years$1,225$968$757$587$452$212
23 years$1,159$905$699$535$406$182
24 years$1,099$848$647$488$365$157
25 years$1,044$796$599$446$328$135
26 years$993$748$555$407$296$116
27 years$946$704$516$373$267$100
28 years$903$663$479$342$241$86
29 years$862$626$446$313$217$75
30 years$824$591$416$288$196$64
31 years$789$559$387$264$178$56
32 years$756$529$361$243$161$48
33 years$725$501$338$223$145$42
34 years$696$474$315$205$132$36
35 years$669$450$295$189$119$31
36 years$643$427$276$174$108$27
37 years$619$406$258$160$98$23
38 years$596$386$242$148$89$20
39 years$574$367$227$136$80$17
40 years$554$349$212$126$73$15
41 years$534$332$199$116$66$13
42 years$516$316$187$107$60$11
43 years$498$301$175$99$55$10
44 years$481$287$164$91$49$8
45 years$465$274$154$84$45$7
46 years$450$261$145$78$41$6
47 years$435$249$136$72$37$5
48 years$421$238$128$66$34$5
49 years$408$227$120$61$31$4
50 years$395$217$113$57$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $405,000, adding $5,711 every year, while hoping to spend $33,074 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: 34/48/18 Blend
29$405,000$405,000$405,000$405,000
30$452,201$430,736$424,458$464,898
31$463,135$416,651$403,487$460,641
32$474,076$400,768$380,705$452,576
33$484,989$382,964$356,016$443,180
34$495,836$363,107$329,321$432,356
35$506,573$341,061$300,515$419,997
36$517,150$316,680$269,489$405,993
37$527,512$289,809$236,129$390,222
38$537,595$260,287$200,316$372,559
39$547,329$227,941$161,927$352,866
40$556,636$192,589$120,830$330,999
41$565,426$154,039$76,892$306,802
42$573,602$112,089$29,970$280,111
43$581,052$66,525$0$250,748
44$587,654$17,119$0$222,387
45$593,271$0$0$197,359
46$597,749$0$0$188,924
47$600,918$0$0$189,008
48$602,591$0$0$188,496
49$602,555$0$0$187,309
50$600,579$0$0$185,357
51$596,403$0$0$182,543
52$589,740$0$0$178,757
53$580,272$0$0$173,880
54$567,644$0$0$167,777
55$551,466$0$0$160,301
56$531,305$0$0$151,288
57$506,680$0$0$140,556
58$477,060$0$0$127,906
59$441,859$0$0$113,115
60$400,425$0$0$95,939
61$352,040$0$0$76,106
62$295,909$0$0$53,318
63$231,154$0$0$27,242
64$156,803$0$0$0
65$71,783$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0