Can I retire at age 30 with 409,000?

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 $409,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$33,775$33,474$33,180$32,894$32,614$31,333
2 years$16,720$16,409$16,107$15,814$15,531$14,255
3 years$11,036$10,723$10,422$10,132$9,853$8,624
4 years$8,195$7,883$7,585$7,300$7,027$5,854
5 years$6,490$6,180$5,886$5,607$5,342$4,227
6 years$5,354$5,047$4,757$4,484$4,227$3,171
7 years$4,543$4,238$3,953$3,687$3,438$2,441
8 years$3,935$3,633$3,352$3,093$2,852$1,913
9 years$3,462$3,163$2,887$2,634$2,402$1,519
10 years$3,085$2,788$2,517$2,271$2,046$1,219
11 years$2,776$2,482$2,216$1,976$1,760$986
12 years$2,518$2,228$1,967$1,733$1,525$802
13 years$2,301$2,013$1,757$1,530$1,330$655
14 years$2,114$1,830$1,579$1,358$1,166$537
15 years$1,953$1,672$1,426$1,211$1,026$442
16 years$1,812$1,534$1,292$1,085$907$365
17 years$1,688$1,413$1,176$975$804$302
18 years$1,577$1,305$1,074$878$715$250
19 years$1,479$1,210$983$794$638$207
20 years$1,390$1,124$902$719$569$172
21 years$1,310$1,047$830$652$510$143
22 years$1,237$977$765$593$457$119
23 years$1,171$914$706$540$410$99
24 years$1,110$856$653$493$369$82
25 years$1,054$804$605$450$332$69
26 years$1,003$755$561$411$299$57
27 years$956$711$521$377$269$48
28 years$912$670$484$345$243$40
29 years$871$632$451$316$219$33
30 years$833$597$420$290$198$28
31 years$797$564$391$267$179$23
32 years$764$534$365$245$162$19
33 years$732$506$341$225$147$16
34 years$703$479$318$207$133$13
35 years$676$454$298$191$120$11
36 years$650$431$279$176$109$9
37 years$625$410$261$162$99$8
38 years$602$389$244$149$90$6
39 years$580$370$229$138$81$5
40 years$559$352$214$127$74$5
41 years$539$335$201$117$67$4
42 years$521$319$189$108$61$3
43 years$503$304$177$100$55$3
44 years$486$290$166$92$50$2
45 years$470$277$156$85$45$2
46 years$454$264$146$79$41$2
47 years$440$252$138$73$37$1
48 years$426$240$129$67$34$1
49 years$412$230$122$62$31$1
50 years$399$219$114$57$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $409,000, adding $4,005 every year, while hoping to spend $30,456 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: 67/11/22 Blend
29$409,000$409,000$409,000$409,000
30$454,849$433,172$426,833$482,531
31$468,839$421,993$408,727$490,416
32$483,235$409,245$388,993$495,170
33$498,046$394,819$367,546$499,651
34$513,282$378,600$344,294$503,830
35$528,952$360,467$319,143$507,679
36$545,064$340,289$291,994$511,168
37$561,628$317,931$262,743$514,264
38$578,652$293,247$231,283$516,932
39$596,145$266,086$197,500$519,135
40$614,113$236,286$161,278$520,833
41$632,564$203,676$122,493$521,985
42$651,506$168,076$81,017$522,545
43$670,944$129,296$36,715$522,465
44$690,884$87,135$0$521,696
45$711,330$41,381$0$522,661
46$732,285$0$0$532,183
47$753,753$0$0$542,599
48$775,734$0$0$558,390
49$798,227$0$0$574,545
50$821,231$0$0$591,063
51$844,741$0$0$607,940
52$868,752$0$0$625,171
53$893,253$0$0$642,749
54$918,234$0$0$660,665
55$943,680$0$0$678,908
56$969,573$0$0$697,463
57$995,890$0$0$716,314
58$1,022,605$0$0$735,441
59$1,049,688$0$0$754,820
60$1,077,100$0$0$774,423
61$1,104,799$0$0$794,218
62$1,132,735$0$0$814,167
63$1,160,850$0$0$834,227
64$1,189,080$0$0$854,350
65$1,217,348$0$0$874,478
66$1,245,570$0$0$894,549
67$1,273,648$0$0$914,489
68$1,301,473$0$0$934,217
69$1,328,920$0$0$953,641
70$1,355,849$0$0$972,656
71$1,382,104$0$0$991,146
72$1,407,507$0$0$1,008,979
73$1,431,861$0$0$1,026,008
74$1,454,944$0$0$1,042,068
75$1,476,508$0$0$1,056,976
76$1,496,276$0$0$1,070,526
77$1,513,939$0$0$1,082,489
78$1,529,153$0$0$1,092,609
79$1,541,533$0$0$1,100,603
80$1,550,653$0$0$1,106,153
81$1,556,037$0$0$1,108,907
82$1,557,158$0$0$1,108,476
83$1,553,429$0$0$1,104,423
84$1,544,199$0$0$1,096,269
85$1,528,745$0$0$1,083,477
86$1,506,267$0$0$1,065,455
87$1,475,877$0$0$1,041,546
88$1,436,589$0$0$1,011,021
89$1,387,315$0$0$973,076
90$1,326,847$0$0$926,816
91$1,253,849$0$0$871,254
92$1,166,843$0$0$805,296
93$1,064,192$0$0$727,734
94$944,089$0$0$637,230
95$804,532$0$0$532,305
96$643,312$0$0$411,326
97$457,984$0$0$272,485
98$245,847$0$0$113,788
99$3,918$0$0$0
100$0$0$0$0