Can I retire at age 30 with 413,000?

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 $413,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$34,105$33,801$33,505$33,216$32,933$31,943
2 years$16,884$16,569$16,265$15,969$15,682$14,693
3 years$11,144$10,828$10,524$10,232$9,950$8,992
4 years$8,275$7,960$7,659$7,371$7,096$6,178
5 years$6,554$6,241$5,944$5,662$5,394$4,518
6 years$5,407$5,096$4,803$4,528$4,268$3,435
7 years$4,588$4,280$3,992$3,723$3,471$2,680
8 years$3,974$3,668$3,385$3,123$2,880$2,131
9 years$3,496$3,194$2,916$2,660$2,425$1,717
10 years$3,115$2,815$2,542$2,293$2,066$1,399
11 years$2,803$2,506$2,238$1,995$1,777$1,149
12 years$2,543$2,250$1,986$1,750$1,540$949
13 years$2,323$2,033$1,774$1,545$1,343$789
14 years$2,135$1,848$1,594$1,372$1,177$658
15 years$1,972$1,688$1,439$1,223$1,037$551
16 years$1,830$1,549$1,305$1,095$916$462
17 years$1,704$1,426$1,188$984$812$389
18 years$1,593$1,318$1,084$887$722$328
19 years$1,493$1,222$992$801$644$277
20 years$1,404$1,135$911$726$575$234
21 years$1,323$1,057$838$659$515$198
22 years$1,249$987$772$599$461$168
23 years$1,182$923$713$545$414$142
24 years$1,121$865$659$498$372$121
25 years$1,065$812$611$454$335$103
26 years$1,013$763$566$415$302$87
27 years$965$718$526$380$272$74
28 years$920$676$489$348$245$63
29 years$879$638$455$319$222$54
30 years$841$603$424$293$200$46
31 years$805$570$395$269$181$39
32 years$771$539$369$247$164$33
33 years$740$511$344$228$148$28
34 years$710$484$322$209$134$24
35 years$682$459$301$193$122$20
36 years$656$436$281$178$110$17
37 years$631$414$263$164$100$15
38 years$608$393$247$151$90$13
39 years$586$374$231$139$82$11
40 years$565$356$216$128$74$9
41 years$545$339$203$118$68$8
42 years$526$322$190$109$61$7
43 years$508$307$179$101$56$6
44 years$491$293$168$93$50$5
45 years$474$279$157$86$46$4
46 years$459$266$148$79$42$3
47 years$444$254$139$73$38$3
48 years$430$243$131$68$34$3
49 years$416$232$123$63$31$2
50 years$403$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 $413,000, adding $6,839 every year, while hoping to spend $25,596 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: 66/18/16 Blend
29$413,000$413,000$413,000$413,000
30$462,180$440,291$433,890$490,462
31$482,089$434,632$421,191$504,568
32$503,170$427,837$407,209$516,375
33$525,517$419,824$391,874$528,652
34$549,230$410,506$375,113$541,442
35$574,420$399,790$356,848$554,797
36$601,209$387,577$337,000$568,772
37$629,729$373,765$315,486$583,431
38$660,124$358,242$292,217$598,843
39$692,553$340,893$267,103$615,088
40$727,191$321,594$240,049$632,253
41$764,228$300,215$210,954$650,435
42$803,873$276,619$179,714$669,743
43$846,354$250,661$146,221$690,300
44$891,925$222,185$110,362$712,239
45$940,860$191,031$72,017$735,712
46$993,461$157,025$31,064$760,885
47$1,050,062$119,987$0$787,945
48$1,111,028$79,726$0$819,257
49$1,176,758$36,038$0$858,693
50$1,247,693$0$0$901,224
51$1,324,318$0$0$949,394
52$1,407,163$0$0$1,009,214
53$1,496,813$0$0$1,073,970
54$1,593,910$0$0$1,144,128
55$1,699,160$0$0$1,220,201
56$1,813,340$0$0$1,302,753
57$1,937,303$0$0$1,392,407
58$2,071,989$0$0$1,489,843
59$2,218,432$0$0$1,595,813
60$2,377,767$0$0$1,711,143
61$2,551,245$0$0$1,836,742
62$2,740,243$0$0$1,973,611
63$2,946,275$0$0$2,122,850
64$3,171,008$0$0$2,285,672
65$3,416,276$0$0$2,463,410
66$3,684,100$0$0$2,657,531
67$3,976,701$0$0$2,869,654
68$4,296,528$0$0$3,101,555
69$4,646,274$0$0$3,355,196
70$5,028,906$0$0$3,632,732
71$5,447,692$0$0$3,936,539
72$5,906,227$0$0$4,269,232
73$6,408,474$0$0$4,633,692
74$6,958,794$0$0$5,033,090
75$7,561,991$0$0$5,470,920
76$8,223,356$0$0$5,951,028
77$8,948,717$0$0$6,477,653
78$9,744,492$0$0$7,055,462
79$10,617,750$0$0$7,689,595
80$11,576,280$0$0$8,385,717
81$12,628,659$0$0$9,150,063
82$13,784,335$0$0$9,989,507
83$15,053,718$0$0$10,911,617
84$16,448,275$0$0$11,924,733
85$17,980,638$0$0$13,038,040
86$19,664,723$0$0$14,261,660
87$21,515,861$0$0$15,606,742
88$23,550,943$0$0$17,085,570
89$25,788,579$0$0$18,711,677
90$28,249,270$0$0$20,499,973
91$30,955,604$0$0$22,466,886
92$33,932,469$0$0$24,630,515
93$37,207,285$0$0$27,010,803
94$40,810,264$0$0$29,629,722
95$44,774,693$0$0$32,511,480
96$49,137,251$0$0$35,682,753
97$53,938,349$0$0$39,172,931
98$59,222,516$0$0$43,014,400
99$65,038,815$0$0$47,242,842
100$71,441,307$0$0$51,897,576