Can I retire at age 30 with 406,000?

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 $406,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$33,527$33,228$32,937$32,653$32,375$31,721
2 years$16,598$16,288$15,989$15,698$15,417$14,761
3 years$10,955$10,645$10,346$10,058$9,781$9,144
4 years$8,134$7,825$7,529$7,246$6,976$6,362
5 years$6,443$6,135$5,843$5,566$5,303$4,714
6 years$5,315$5,010$4,722$4,451$4,196$3,633
7 years$4,510$4,207$3,924$3,659$3,413$2,875
8 years$3,906$3,606$3,328$3,070$2,831$2,319
9 years$3,437$3,140$2,866$2,615$2,384$1,898
10 years$3,062$2,768$2,499$2,254$2,031$1,570
11 years$2,755$2,464$2,200$1,962$1,747$1,310
12 years$2,500$2,211$1,952$1,721$1,514$1,101
13 years$2,284$1,998$1,744$1,519$1,320$930
14 years$2,099$1,817$1,567$1,348$1,157$789
15 years$1,939$1,659$1,415$1,203$1,019$672
16 years$1,799$1,523$1,283$1,077$901$574
17 years$1,675$1,402$1,167$967$799$492
18 years$1,566$1,296$1,066$872$710$423
19 years$1,468$1,201$976$788$633$364
20 years$1,380$1,116$895$714$565$313
21 years$1,300$1,039$824$648$506$270
22 years$1,228$970$759$589$453$234
23 years$1,162$907$701$536$407$202
24 years$1,102$850$648$489$366$175
25 years$1,047$798$600$447$329$151
26 years$996$750$557$408$297$131
27 years$949$706$517$374$267$114
28 years$905$665$481$342$241$99
29 years$864$627$447$314$218$86
30 years$826$592$417$288$197$74
31 years$791$560$388$265$178$65
32 years$758$530$362$243$161$56
33 years$727$502$338$224$146$49
34 years$698$476$316$206$132$42
35 years$671$451$296$189$119$37
36 years$645$428$277$175$108$32
37 years$620$407$259$161$98$28
38 years$597$387$242$148$89$24
39 years$576$368$227$137$81$21
40 years$555$350$213$126$73$18
41 years$535$333$200$116$66$16
42 years$517$317$187$107$60$14
43 years$499$302$176$99$55$12
44 years$482$288$165$91$50$11
45 years$466$275$155$84$45$9
46 years$451$262$145$78$41$8
47 years$436$250$137$72$37$7
48 years$423$239$128$67$34$6
49 years$409$228$121$62$31$5
50 years$396$218$113$57$28$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $406,000, adding $2,472 every year, while hoping to spend $26,973 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: 36/43/21 Blend
29$406,000$406,000$406,000$406,000
30$449,962$428,444$422,151$463,223
31$467,159$420,739$407,594$465,436
32$485,206$411,752$391,645$465,139
33$504,161$401,392$374,230$464,267
34$524,088$389,563$355,269$462,784
35$545,056$376,162$334,681$460,653
36$567,139$361,080$312,380$457,838
37$590,418$344,205$288,276$454,298
38$614,983$325,413$262,275$449,995
39$640,930$304,578$234,281$444,887
40$668,366$281,562$204,190$438,934
41$697,405$256,224$171,895$432,094
42$728,173$228,412$137,287$424,323
43$760,808$197,966$100,247$415,580
44$795,459$164,715$60,655$405,821
45$832,293$128,483$18,383$395,004
46$871,488$89,080$0$383,086
47$913,241$46,306$0$376,013
48$957,768$0$0$372,543
49$1,005,306$0$0$368,567
50$1,056,112$0$0$387,770
51$1,110,471$0$0$408,352
52$1,168,694$0$0$430,436
53$1,231,121$0$0$454,156
54$1,298,127$0$0$479,660
55$1,370,124$0$0$507,110
56$1,447,560$0$0$536,682
57$1,530,933$0$0$568,574
58$1,620,784$0$0$602,998
59$1,717,712$0$0$640,191
60$1,822,372$0$0$680,412
61$1,935,486$0$0$723,946
62$2,057,844$0$0$771,105
63$2,190,319$0$0$822,234
64$2,333,867$0$0$877,711
65$2,489,542$0$0$937,953
66$2,658,500$0$0$1,003,416
67$2,842,015$0$0$1,074,606
68$3,041,488$0$0$1,152,075
69$3,258,459$0$0$1,236,434
70$3,494,624$0$0$1,328,353
71$3,751,847$0$0$1,428,570
72$4,032,181$0$0$1,537,898
73$4,337,885$0$0$1,657,232
74$4,671,445$0$0$1,787,556
75$5,035,597$0$0$1,929,953
76$5,433,355$0$0$2,085,617
77$5,868,034$0$0$2,255,860
78$6,343,285$0$0$2,442,131
79$6,863,129$0$0$2,646,020
80$7,431,990$0$0$2,869,282
81$8,054,743$0$0$3,113,848
82$8,736,755$0$0$3,381,844
83$9,483,935$0$0$3,675,613
84$10,302,793$0$0$3,997,735
85$11,200,496$0$0$4,351,050
86$12,184,940$0$0$4,738,687
87$13,264,820$0$0$5,164,095
88$14,449,714$0$0$5,631,068
89$15,750,171$0$0$6,143,791
90$17,177,813$0$0$6,706,869
91$18,745,439$0$0$7,325,379
92$20,467,151$0$0$8,004,910
93$22,358,482$0$0$8,751,622
94$24,436,545$0$0$9,572,301
95$26,720,192$0$0$10,474,421
96$29,230,191$0$0$11,466,218
97$31,989,423$0$0$12,556,766
98$35,023,096$0$0$13,756,062
99$38,358,982$0$0$15,075,118
100$42,027,679$0$0$16,526,070