Can I retire at age 30 with 412,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $412,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$34,023$33,720$33,424$33,135$32,853$31,840
2 years$16,843$16,529$16,225$15,930$15,645$14,632
3 years$11,117$10,802$10,499$10,207$9,926$8,946
4 years$8,255$7,941$7,640$7,353$7,079$6,140
5 years$6,538$6,226$5,929$5,648$5,381$4,486
6 years$5,393$5,084$4,792$4,517$4,258$3,406
7 years$4,576$4,269$3,982$3,714$3,463$2,655
8 years$3,964$3,660$3,377$3,115$2,873$2,108
9 years$3,488$3,186$2,909$2,653$2,419$1,697
10 years$3,107$2,809$2,536$2,287$2,061$1,381
11 years$2,796$2,500$2,232$1,991$1,773$1,132
12 years$2,537$2,244$1,981$1,746$1,536$935
13 years$2,318$2,028$1,770$1,542$1,340$775
14 years$2,130$1,843$1,590$1,368$1,174$646
15 years$1,967$1,684$1,436$1,220$1,034$540
16 years$1,825$1,545$1,302$1,093$914$453
17 years$1,700$1,423$1,185$982$810$380
18 years$1,589$1,315$1,081$885$720$320
19 years$1,490$1,219$990$799$642$270
20 years$1,400$1,132$909$724$574$228
21 years$1,320$1,055$836$657$513$193
22 years$1,246$985$770$597$460$163
23 years$1,179$921$711$544$413$138
24 years$1,118$863$658$496$371$117
25 years$1,062$810$609$453$334$99
26 years$1,010$761$565$414$301$84
27 years$963$716$525$379$271$71
28 years$918$675$488$348$245$60
29 years$877$637$454$319$221$51
30 years$839$601$423$292$200$44
31 years$803$568$394$269$181$37
32 years$769$538$368$247$163$31
33 years$738$509$343$227$148$27
34 years$708$483$321$209$134$23
35 years$681$458$300$192$121$19
36 years$654$435$281$177$110$16
37 years$630$413$263$163$100$14
38 years$606$392$246$150$90$12
39 years$584$373$230$139$82$10
40 years$563$355$216$128$74$9
41 years$543$338$203$118$67$7
42 years$525$322$190$109$61$6
43 years$507$307$178$101$55$5
44 years$490$292$167$93$50$4
45 years$473$279$157$86$46$4
46 years$458$266$148$79$41$3
47 years$443$254$139$73$38$3
48 years$429$242$130$68$34$2
49 years$415$231$122$62$31$2
50 years$402$221$115$58$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $412,000, adding $5,623 every year, while hoping to spend $28,004 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: 55/28/17 Blend
29$412,000$412,000$412,000$412,000
30$459,824$437,988$431,602$482,738
31$476,930$429,654$416,265$490,651
32$494,842$419,972$399,475$495,785
33$513,614$408,848$381,155$500,749
34$533,301$396,180$361,222$505,534
35$553,966$381,861$339,591$510,131
36$575,676$365,778$316,174$514,532
37$598,505$347,812$290,875$518,729
38$622,532$327,834$263,599$522,717
39$647,844$305,711$234,243$526,491
40$674,534$281,301$202,701$530,047
41$702,707$254,454$168,861$533,385
42$732,472$225,012$132,607$536,506
43$763,954$192,808$93,819$539,412
44$797,285$157,663$52,370$542,112
45$832,612$119,392$8,128$544,615
46$870,092$77,796$0$546,936
47$909,902$32,668$0$556,184
48$952,230$0$0$567,327
49$997,285$0$0$583,943
50$1,045,296$0$0$612,396
51$1,096,512$0$0$642,772
52$1,151,206$0$0$675,235
53$1,209,680$0$0$709,967
54$1,272,260$0$0$747,165
55$1,339,309$0$0$787,049
56$1,411,221$0$0$829,856
57$1,488,429$0$0$875,850
58$1,571,411$0$0$925,317
59$1,660,689$0$0$978,574
60$1,756,836$0$0$1,035,968
61$1,860,483$0$0$1,097,880
62$1,972,322$0$0$1,164,728
63$2,093,115$0$0$1,236,973
64$2,223,695$0$0$1,315,121
65$2,364,983$0$0$1,399,727
66$2,517,989$0$0$1,491,402
67$2,683,822$0$0$1,590,819
68$2,863,703$0$0$1,698,715
69$3,058,975$0$0$1,815,905
70$3,271,115$0$0$1,943,282
71$3,501,747$0$0$2,081,829
72$3,752,659$0$0$2,232,628
73$4,025,816$0$0$2,396,870
74$4,323,382$0$0$2,575,865
75$4,647,739$0$0$2,771,055
76$5,001,506$0$0$2,984,026
77$5,387,568$0$0$3,216,525
78$5,809,099$0$0$3,470,475
79$6,269,594$0$0$3,747,993
80$6,772,901$0$0$4,051,409
81$7,323,255$0$0$4,383,289
82$7,925,320$0$0$4,746,458
83$8,584,231$0$0$5,144,026
84$9,305,643$0$0$5,579,419
85$10,095,782$0$0$6,056,409
86$10,961,506$0$0$6,579,151
87$11,910,365$0$0$7,152,219
88$12,950,679$0$0$7,780,654
89$14,091,606$0$0$8,470,004
90$15,343,236$0$0$9,226,383
91$16,716,683$0$0$10,056,525
92$18,224,187$0$0$10,967,846
93$19,879,232$0$0$11,968,517
94$21,696,672$0$0$13,067,538
95$23,692,867$0$0$14,274,824
96$25,885,843$0$0$15,601,296
97$28,295,457$0$0$17,058,987
98$30,943,582$0$0$18,661,153
99$33,854,319$0$0$20,422,397
100$37,054,218$0$0$22,358,809