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%11.8%
1 years$34,270$33,965$33,667$33,377$33,093$32,843
2 years$16,966$16,650$16,343$16,046$15,758$15,507
3 years$11,198$10,881$10,575$10,281$9,998$9,752
4 years$8,315$7,998$7,696$7,407$7,131$6,892
5 years$6,585$6,271$5,972$5,689$5,420$5,190
6 years$5,433$5,121$4,827$4,550$4,289$4,068
7 years$4,610$4,300$4,011$3,741$3,488$3,275
8 years$3,993$3,686$3,402$3,138$2,894$2,690
9 years$3,513$3,209$2,930$2,673$2,437$2,242
10 years$3,130$2,829$2,554$2,304$2,076$1,890
11 years$2,816$2,518$2,249$2,005$1,786$1,608
12 years$2,555$2,260$1,996$1,759$1,548$1,378
13 years$2,334$2,043$1,783$1,553$1,349$1,188
14 years$2,145$1,857$1,602$1,378$1,183$1,029
15 years$1,982$1,696$1,446$1,229$1,042$895
16 years$1,839$1,556$1,311$1,101$921$782
17 years$1,712$1,433$1,193$989$816$685
18 years$1,600$1,324$1,089$891$726$601
19 years$1,500$1,227$997$805$647$529
20 years$1,410$1,141$915$729$578$466
21 years$1,329$1,062$842$662$517$412
22 years$1,255$992$776$602$463$364
23 years$1,188$928$716$548$416$323
24 years$1,127$869$663$500$374$286
25 years$1,070$816$614$457$336$254
26 years$1,018$767$569$417$303$226
27 years$970$721$528$382$273$201
28 years$925$680$491$350$247$178
29 years$883$641$457$321$223$159
30 years$845$606$426$295$201$141
31 years$809$572$397$271$182$126
32 years$775$542$370$249$165$112
33 years$743$513$346$229$149$100
34 years$713$486$323$210$135$89
35 years$685$461$302$194$122$80
36 years$659$438$283$178$111$71
37 years$634$416$265$164$100$64
38 years$611$395$248$151$91$57
39 years$588$376$232$140$82$51
40 years$567$357$218$129$75$45
41 years$547$340$204$119$68$40
42 years$528$324$191$110$62$36
43 years$510$309$180$101$56$32
44 years$493$294$169$94$51$29
45 years$477$281$158$86$46$26
46 years$461$268$149$80$42$23
47 years$446$255$140$74$38$21
48 years$432$244$131$68$34$18
49 years$418$233$123$63$31$16
50 years$405$222$116$58$28$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $415,000, adding $4,398 every year, while hoping to spend $32,964 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: 63/9/28 Blend
29$415,000$415,000$415,000$415,000
30$461,867$439,872$433,439$487,258
31$473,903$426,352$412,886$491,482
32$486,063$411,065$390,539$492,101
33$498,324$393,889$366,304$492,067
34$510,660$374,696$340,082$491,323
35$523,041$353,350$311,769$489,805
36$535,435$329,708$281,257$487,445
37$547,802$303,617$248,432$484,170
38$560,100$274,917$213,177$479,900
39$572,280$243,437$175,368$474,551
40$584,287$208,999$134,877$468,028
41$596,057$171,414$91,568$460,233
42$607,522$130,480$45,303$451,057
43$618,602$85,986$0$440,383
44$629,209$37,709$0$429,302
45$639,244$0$0$430,983
46$648,598$0$0$433,220
47$657,147$0$0$438,618
48$664,753$0$0$443,343
49$671,262$0$0$447,290
50$676,506$0$0$450,340
51$680,292$0$0$452,360
52$682,410$0$0$453,202
53$682,625$0$0$452,704
54$680,676$0$0$450,682
55$676,274$0$0$446,937
56$669,097$0$0$441,243
57$658,789$0$0$433,353
58$644,955$0$0$422,992
59$627,158$0$0$409,856
60$604,912$0$0$393,607
61$577,682$0$0$373,872
62$544,873$0$0$350,237
63$505,827$0$0$322,246
64$459,819$0$0$289,393
65$406,043$0$0$251,118
66$343,610$0$0$206,804
67$271,538$0$0$155,767
68$188,741$0$0$97,253
69$94,018$0$0$30,426
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0