Can I retire at age 30 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$33,857$33,556$33,262$32,974$32,694$32,060
2 years$16,761$16,449$16,146$15,853$15,569$14,933
3 years$11,063$10,750$10,448$10,157$9,877$9,259
4 years$8,215$7,902$7,603$7,318$7,045$6,449
5 years$6,506$6,195$5,900$5,621$5,355$4,783
6 years$5,367$5,059$4,768$4,495$4,237$3,690
7 years$4,554$4,248$3,963$3,696$3,446$2,924
8 years$3,945$3,642$3,361$3,100$2,859$2,361
9 years$3,471$3,171$2,894$2,641$2,408$1,935
10 years$3,092$2,795$2,523$2,276$2,051$1,602
11 years$2,782$2,488$2,222$1,981$1,764$1,339
12 years$2,524$2,233$1,972$1,738$1,529$1,126
13 years$2,306$2,018$1,762$1,534$1,333$953
14 years$2,120$1,834$1,583$1,362$1,169$810
15 years$1,958$1,676$1,429$1,214$1,029$691
16 years$1,816$1,538$1,296$1,087$909$591
17 years$1,692$1,416$1,179$977$806$507
18 years$1,581$1,308$1,076$880$717$436
19 years$1,482$1,213$985$796$639$376
20 years$1,393$1,127$904$721$571$324
21 years$1,313$1,050$832$654$511$280
22 years$1,240$980$767$595$458$242
23 years$1,174$916$708$542$411$210
24 years$1,113$859$655$494$369$182
25 years$1,057$806$606$451$332$158
26 years$1,006$757$562$412$299$137
27 years$958$713$522$377$270$119
28 years$914$672$485$346$244$104
29 years$873$634$452$317$220$90
30 years$835$598$421$291$199$78
31 years$799$566$392$267$180$68
32 years$766$535$366$246$163$59
33 years$734$507$342$226$147$52
34 years$705$480$319$208$133$45
35 years$677$456$298$191$121$39
36 years$651$432$279$176$109$34
37 years$627$411$261$162$99$30
38 years$603$390$245$150$90$26
39 years$581$371$229$138$81$23
40 years$561$353$215$127$74$20
41 years$541$336$202$117$67$17
42 years$522$320$189$108$61$15
43 years$504$305$177$100$55$13
44 years$487$291$167$92$50$11
45 years$471$277$156$85$45$10
46 years$455$264$147$79$41$9
47 years$441$252$138$73$37$7
48 years$427$241$130$67$34$7
49 years$413$230$122$62$31$6
50 years$400$220$115$57$28$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $410,000, adding $3,167 every year, while hoping to spend $20,671 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: 76/14/10 Blend
29$410,000$410,000$410,000$410,000
30$455,087$433,357$427,002$488,631
31$479,512$432,597$419,313$510,397
32$505,735$431,108$410,673$531,309
33$533,919$428,831$401,029$553,646
34$564,241$425,706$390,325$577,540
35$596,894$421,666$378,503$603,140
36$632,095$416,645$365,499$630,608
37$670,076$410,569$351,252$660,124
38$711,098$403,360$335,692$691,887
39$755,442$394,937$318,750$726,114
40$803,422$385,214$300,353$763,047
41$855,380$374,098$280,424$802,951
42$911,693$361,493$258,882$846,120
43$972,775$347,296$235,645$892,876
44$1,039,083$331,398$210,623$943,578
45$1,111,117$313,685$183,727$998,617
46$1,189,429$294,033$154,860$1,058,430
47$1,274,626$272,316$123,923$1,123,494
48$1,367,375$248,397$90,811$1,194,338
49$1,468,411$222,131$55,417$1,271,545
50$1,578,541$193,368$17,626$1,355,758
51$1,698,656$161,947$0$1,447,686
52$1,829,734$127,698$0$1,550,534
53$1,972,854$90,442$0$1,664,907
54$2,129,201$49,989$0$1,789,889
55$2,300,081$6,141$0$1,926,543
56$2,486,933$0$0$2,076,043
57$2,691,340$0$0$2,246,047
58$2,915,044$0$0$2,433,152
59$3,159,966$0$0$2,638,018
60$3,428,218$0$0$2,862,417
61$3,722,130$0$0$3,108,297
62$4,044,263$0$0$3,377,805
63$4,397,442$0$0$3,673,305
64$4,784,777$0$0$3,997,402
65$5,209,692$0$0$4,352,963
66$5,675,959$0$0$4,743,148
67$6,187,734$0$0$5,171,437
68$6,749,594$0$0$5,641,662
69$7,366,582$0$0$6,158,047
70$8,044,251$0$0$6,725,242
71$8,788,719$0$0$7,348,373
72$9,606,729$0$0$8,033,082
73$10,505,704$0$0$8,785,591
74$11,493,826$0$0$9,612,749
75$12,580,108$0$0$10,522,104
76$13,774,478$0$0$11,521,973
77$15,087,877$0$0$12,621,516
78$16,532,357$0$0$13,830,828
79$18,121,199$0$0$15,161,031
80$19,869,032$0$0$16,624,377
81$21,791,977$0$0$18,234,368
82$23,907,796$0$0$20,005,878
83$26,236,060$0$0$21,955,298
84$28,798,331$0$0$24,100,687
85$31,618,369$0$0$26,461,942
86$34,722,353$0$0$29,060,990
87$38,139,128$0$0$31,921,988
88$41,900,481$0$0$35,071,557
89$46,041,433$0$0$38,539,028
90$50,600,576$0$0$42,356,721
91$55,620,433$0$0$46,560,250
92$61,147,861$0$0$51,188,858
93$67,234,493$0$0$56,285,788
94$73,937,222$0$0$61,898,687
95$81,318,741$0$0$68,080,063
96$89,448,133$0$0$74,887,771
97$98,401,521$0$0$82,385,568
98$108,262,789$0$0$90,643,706
99$119,124,373$0$0$99,739,600
100$131,088,130$0$0$109,758,559