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%19.9%
1 years$33,857$33,556$33,262$32,974$32,694$31,397
2 years$16,761$16,449$16,146$15,853$15,569$14,278
3 years$11,063$10,750$10,448$10,157$9,877$8,634
4 years$8,215$7,902$7,603$7,318$7,045$5,857
5 years$6,506$6,195$5,900$5,621$5,355$4,227
6 years$5,367$5,059$4,768$4,495$4,237$3,170
7 years$4,554$4,248$3,963$3,696$3,446$2,438
8 years$3,945$3,642$3,361$3,100$2,859$1,910
9 years$3,471$3,171$2,894$2,641$2,408$1,516
10 years$3,092$2,795$2,523$2,276$2,051$1,215
11 years$2,782$2,488$2,222$1,981$1,764$982
12 years$2,524$2,233$1,972$1,738$1,529$798
13 years$2,306$2,018$1,762$1,534$1,333$652
14 years$2,120$1,834$1,583$1,362$1,169$534
15 years$1,958$1,676$1,429$1,214$1,029$440
16 years$1,816$1,538$1,296$1,087$909$362
17 years$1,692$1,416$1,179$977$806$299
18 years$1,581$1,308$1,076$880$717$248
19 years$1,482$1,213$985$796$639$205
20 years$1,393$1,127$904$721$571$170
21 years$1,313$1,050$832$654$511$141
22 years$1,240$980$767$595$458$117
23 years$1,174$916$708$542$411$98
24 years$1,113$859$655$494$369$81
25 years$1,057$806$606$451$332$68
26 years$1,006$757$562$412$299$56
27 years$958$713$522$377$270$47
28 years$914$672$485$346$244$39
29 years$873$634$452$317$220$33
30 years$835$598$421$291$199$27
31 years$799$566$392$267$180$23
32 years$766$535$366$246$163$19
33 years$734$507$342$226$147$16
34 years$705$480$319$208$133$13
35 years$677$456$298$191$121$11
36 years$651$432$279$176$109$9
37 years$627$411$261$162$99$8
38 years$603$390$245$150$90$6
39 years$581$371$229$138$81$5
40 years$561$353$215$127$74$4
41 years$541$336$202$117$67$4
42 years$522$320$189$108$61$3
43 years$504$305$177$100$55$3
44 years$487$291$167$92$50$2
45 years$471$277$156$85$45$2
46 years$455$264$147$79$41$1
47 years$441$252$138$73$37$1
48 years$427$241$130$67$34$1
49 years$413$230$122$62$31$1
50 years$400$220$115$57$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $410,000, adding $6,096 every year, while hoping to spend $24,339 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: 46/49/5 Blend
29$410,000$410,000$410,000$410,000
30$458,108$436,378$430,023$478,292
31$478,939$431,864$418,532$488,274
32$501,078$426,313$405,841$496,047
33$524,634$419,649$391,883$503,902
34$549,725$411,790$376,589$511,855
35$576,480$402,651$359,888$519,922
36$605,041$392,140$341,704$528,125
37$635,562$380,162$321,958$536,488
38$668,214$366,615$300,568$545,043
39$703,183$351,390$277,448$553,822
40$740,673$334,373$252,508$562,867
41$780,909$315,445$225,654$572,225
42$824,136$294,476$196,788$581,948
43$870,625$271,333$165,808$592,101
44$920,673$245,872$132,607$602,754
45$974,605$217,943$97,072$613,990
46$1,032,778$187,385$59,087$625,901
47$1,095,586$154,032$18,532$638,594
48$1,163,461$117,705$0$652,191
49$1,236,877$78,215$0$668,148
50$1,316,355$35,365$0$686,442
51$1,402,470$0$0$706,265
52$1,495,852$0$0$733,786
53$1,597,194$0$0$784,387
54$1,707,259$0$0$839,385
55$1,826,887$0$0$899,206
56$1,956,999$0$0$964,316
57$2,098,611$0$0$1,035,228
58$2,252,840$0$0$1,112,509
59$2,420,916$0$0$1,196,781
60$2,604,192$0$0$1,288,729
61$2,804,157$0$0$1,389,107
62$3,022,450$0$0$1,498,744
63$3,260,876$0$0$1,618,554
64$3,521,420$0$0$1,749,544
65$3,806,270$0$0$1,892,821
66$4,117,832$0$0$2,049,604
67$4,458,759$0$0$2,221,235
68$4,831,969$0$0$2,409,194
69$5,240,676$0$0$2,615,109
70$5,688,421$0$0$2,840,773
71$6,179,101$0$0$3,088,160
72$6,717,010$0$0$3,359,446
73$7,306,877$0$0$3,657,027
74$7,953,909$0$0$3,983,541
75$8,663,843$0$0$4,341,894
76$9,442,997$0$0$4,735,289
77$10,298,331$0$0$5,167,251
78$11,237,512$0$0$5,641,665
79$12,268,985$0$0$6,162,811
80$13,402,054$0$0$6,735,404
81$14,646,967$0$0$7,364,637
82$16,015,015$0$0$8,056,232
83$17,518,637$0$0$8,816,492
84$19,171,536$0$0$9,652,362
85$20,988,810$0$0$10,571,493
86$22,987,092$0$0$11,582,315
87$25,184,707$0$0$12,694,116
88$27,601,847$0$0$13,917,128
89$30,260,756$0$0$15,262,626
90$33,185,945$0$0$16,743,032
91$36,404,418$0$0$18,372,034
92$39,945,932$0$0$20,164,712
93$43,843,270$0$0$22,137,683
94$48,132,557$0$0$24,309,257
95$52,853,594$0$0$26,699,607
96$58,050,241$0$0$29,330,963
97$63,770,821$0$0$32,227,820
98$70,068,583$0$0$35,417,167
99$77,002,201$0$0$38,928,743
100$84,636,326$0$0$42,795,320