Can I retire at age 30 with 415,000?

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 $415,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$34,270$33,965$33,667$33,377$33,093$32,939
2 years$16,966$16,650$16,343$16,046$15,758$15,604
3 years$11,198$10,881$10,575$10,281$9,998$9,846
4 years$8,315$7,998$7,696$7,407$7,131$6,984
5 years$6,585$6,271$5,972$5,689$5,420$5,279
6 years$5,433$5,121$4,827$4,550$4,289$4,152
7 years$4,610$4,300$4,011$3,741$3,488$3,357
8 years$3,993$3,686$3,402$3,138$2,894$2,767
9 years$3,513$3,209$2,930$2,673$2,437$2,316
10 years$3,130$2,829$2,554$2,304$2,076$1,960
11 years$2,816$2,518$2,249$2,005$1,786$1,675
12 years$2,555$2,260$1,996$1,759$1,548$1,441
13 years$2,334$2,043$1,783$1,553$1,349$1,248
14 years$2,145$1,857$1,602$1,378$1,183$1,087
15 years$1,982$1,696$1,446$1,229$1,042$950
16 years$1,839$1,556$1,311$1,101$921$833
17 years$1,712$1,433$1,193$989$816$733
18 years$1,600$1,324$1,089$891$726$647
19 years$1,500$1,227$997$805$647$572
20 years$1,410$1,141$915$729$578$507
21 years$1,329$1,062$842$662$517$450
22 years$1,255$992$776$602$463$400
23 years$1,188$928$716$548$416$356
24 years$1,127$869$663$500$374$318
25 years$1,070$816$614$457$336$284
26 years$1,018$767$569$417$303$253
27 years$970$721$528$382$273$226
28 years$925$680$491$350$247$203
29 years$883$641$457$321$223$181
30 years$845$606$426$295$201$162
31 years$809$572$397$271$182$145
32 years$775$542$370$249$165$130
33 years$743$513$346$229$149$117
34 years$713$486$323$210$135$105
35 years$685$461$302$194$122$94
36 years$659$438$283$178$111$85
37 years$634$416$265$164$100$76
38 years$611$395$248$151$91$68
39 years$588$376$232$140$82$61
40 years$567$357$218$129$75$55
41 years$547$340$204$119$68$49
42 years$528$324$191$110$62$44
43 years$510$309$180$101$56$40
44 years$493$294$169$94$51$36
45 years$477$281$158$86$46$32
46 years$461$268$149$80$42$29
47 years$446$255$140$74$38$26
48 years$432$244$131$68$34$24
49 years$418$233$123$63$31$21
50 years$405$222$116$58$28$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $415,000, adding $3,681 every year, while hoping to spend $28,843 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: 79/14/7 Blend
29$415,000$415,000$415,000$415,000
30$461,127$439,132$432,699$496,902
31$477,473$429,961$416,506$511,710
32$494,520$419,373$398,804$523,802
33$512,308$407,270$379,511$536,205
34$530,883$393,545$358,544$548,935
35$550,291$378,087$335,813$562,012
36$570,584$360,777$311,226$575,456
37$591,818$341,489$284,687$589,291
38$614,054$320,093$256,094$603,543
39$637,357$296,446$225,342$618,240
40$661,797$270,403$192,322$633,415
41$687,453$241,805$156,917$649,104
42$714,407$210,487$119,008$665,346
43$742,751$176,275$78,469$682,187
44$772,584$138,985$35,169$699,675
45$804,013$98,420$0$717,867
46$837,155$54,376$0$737,648
47$872,138$6,633$0$761,119
48$909,102$0$0$785,739
49$948,198$0$0$818,541
50$989,593$0$0$854,360
51$1,033,467$0$0$892,330
52$1,080,019$0$0$932,625
53$1,129,465$0$0$975,432
54$1,182,042$0$0$1,020,957
55$1,238,009$0$0$1,069,425
56$1,297,650$0$0$1,121,084
57$1,361,275$0$0$1,176,203
58$1,429,224$0$0$1,235,078
59$1,501,872$0$0$1,298,034
60$1,579,625$0$0$1,365,427
61$1,662,933$0$0$1,437,646
62$1,752,288$0$0$1,515,119
63$1,848,228$0$0$1,598,315
64$1,951,346$0$0$1,687,750
65$2,062,292$0$0$1,783,989
66$2,181,780$0$0$1,887,654
67$2,310,593$0$0$1,999,426
68$2,449,592$0$0$2,120,054
69$2,599,725$0$0$2,250,362
70$2,762,029$0$0$2,391,254
71$2,937,648$0$0$2,543,725
72$3,127,837$0$0$2,708,868
73$3,333,979$0$0$2,887,884
74$3,557,590$0$0$3,082,095
75$3,800,342$0$0$3,292,955
76$4,064,070$0$0$3,522,062
77$4,350,795$0$0$3,771,174
78$4,662,741$0$0$4,042,227
79$5,002,352$0$0$4,337,348
80$5,372,320$0$0$4,658,880
81$5,775,606$0$0$5,009,401
82$6,215,469$0$0$5,391,747
83$6,695,497$0$0$5,809,042
84$7,219,639$0$0$6,264,721
85$7,792,241$0$0$6,762,570
86$8,418,088$0$0$7,306,752
87$9,102,450$0$0$7,901,855
88$9,851,126$0$0$8,552,927
89$10,670,505$0$0$9,265,529
90$11,567,619$0$0$10,045,783
91$12,550,214$0$0$10,900,430
92$13,626,818$0$0$11,836,896
93$14,806,825$0$0$12,863,357
94$16,100,580$0$0$13,988,818
95$17,519,477$0$0$15,223,199
96$19,076,065$0$0$16,577,423
97$20,784,168$0$0$18,063,524
98$22,659,012$0$0$19,694,756
99$24,717,367$0$0$21,485,720
100$26,977,709$0$0$23,452,498