Can I retire at age 30 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$35,096$34,783$34,478$34,181$33,890$32,964
2 years$17,374$17,051$16,737$16,433$16,138$15,212
3 years$11,468$11,143$10,830$10,529$10,239$9,341
4 years$8,515$8,191$7,881$7,585$7,302$6,441
5 years$6,744$6,422$6,116$5,826$5,551$4,727
6 years$5,564$5,244$4,943$4,659$4,392$3,608
7 years$4,721$4,404$4,108$3,831$3,572$2,826
8 years$4,089$3,775$3,484$3,213$2,963$2,256
9 years$3,598$3,287$3,000$2,737$2,496$1,826
10 years$3,205$2,897$2,616$2,359$2,126$1,494
11 years$2,884$2,579$2,303$2,053$1,829$1,232
12 years$2,617$2,315$2,044$1,801$1,585$1,023
13 years$2,391$2,092$1,826$1,590$1,382$854
14 years$2,197$1,902$1,641$1,412$1,211$716
15 years$2,029$1,737$1,481$1,259$1,067$602
16 years$1,883$1,594$1,343$1,127$943$508
17 years$1,754$1,468$1,222$1,013$836$430
18 years$1,639$1,356$1,116$913$743$364
19 years$1,537$1,257$1,021$825$662$309
20 years$1,444$1,168$937$747$592$263
21 years$1,361$1,088$862$678$530$224
22 years$1,286$1,016$795$616$475$191
23 years$1,217$950$734$561$426$162
24 years$1,154$890$679$512$383$139
25 years$1,096$835$628$468$345$118
26 years$1,042$785$583$428$310$101
27 years$993$739$541$391$280$86
28 years$947$696$503$359$253$74
29 years$905$657$468$329$228$63
30 years$865$620$436$302$206$54
31 years$828$586$407$277$186$46
32 years$794$555$379$255$168$40
33 years$761$525$354$234$152$34
34 years$731$498$331$215$138$29
35 years$702$472$309$198$125$25
36 years$675$448$289$183$113$21
37 years$650$426$271$168$103$18
38 years$625$405$254$155$93$16
39 years$603$385$238$143$84$13
40 years$581$366$223$132$77$11
41 years$561$348$209$122$69$10
42 years$541$332$196$112$63$8
43 years$523$316$184$104$57$7
44 years$505$301$173$96$52$6
45 years$488$287$162$88$47$5
46 years$472$274$152$82$43$5
47 years$457$262$143$75$39$4
48 years$442$250$134$70$35$3
49 years$428$239$126$64$32$3
50 years$415$228$119$60$29$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $425,000, adding $4,504 every year, while hoping to spend $27,424 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: 59/14/27 Blend
29$425,000$425,000$425,000$425,000
30$472,996$450,471$443,883$497,199
31$492,063$443,365$429,575$507,133
32$512,155$434,992$413,867$514,653
33$533,348$425,260$396,686$522,282
34$555,726$414,074$377,951$530,035
35$579,377$401,331$357,579$537,933
36$604,400$386,923$335,484$546,000
37$630,902$370,735$311,577$554,264
38$659,001$352,647$285,760$562,757
39$688,823$332,531$257,938$571,516
40$720,509$310,251$228,005$580,582
41$754,212$285,665$195,854$590,006
42$790,099$258,620$161,373$599,841
43$828,354$228,957$124,444$610,151
44$869,178$196,508$84,944$621,007
45$912,790$161,093$42,746$632,491
46$959,431$122,523$0$644,694
47$1,009,367$80,600$0$658,380
48$1,062,886$35,113$0$686,190
49$1,120,307$0$0$715,972
50$1,181,978$0$0$750,098
51$1,248,283$0$0$792,629
52$1,319,642$0$0$838,427
53$1,396,517$0$0$887,793
54$1,479,414$0$0$941,055
55$1,568,892$0$0$998,575
56$1,665,561$0$0$1,060,750
57$1,770,094$0$0$1,128,018
58$1,883,232$0$0$1,200,857
59$2,005,786$0$0$1,279,797
60$2,138,650$0$0$1,365,416
61$2,282,807$0$0$1,458,354
62$2,439,337$0$0$1,559,311
63$2,609,429$0$0$1,669,061
64$2,794,392$0$0$1,788,452
65$2,995,662$0$0$1,918,420
66$3,214,824$0$0$2,059,991
67$3,453,619$0$0$2,214,299
68$3,713,963$0$0$2,382,588
69$3,997,968$0$0$2,566,229
70$4,307,953$0$0$2,766,730
71$4,646,477$0$0$2,985,754
72$5,016,352$0$0$3,225,127
73$5,420,676$0$0$3,486,864
74$5,862,860$0$0$3,773,180
75$6,346,658$0$0$4,086,516
76$6,876,207$0$0$4,429,560
77$7,456,058$0$0$4,805,269
78$8,091,226$0$0$5,216,904
79$8,787,233$0$0$5,668,052
80$9,550,160$0$0$6,162,667
81$10,386,704$0$0$6,705,102
82$11,304,242$0$0$7,300,151
83$12,310,899$0$0$7,953,095
84$13,415,624$0$0$8,669,752
85$14,628,275$0$0$9,456,530
86$15,959,710$0$0$10,320,486
87$17,421,892$0$0$11,269,397
88$19,027,996$0$0$12,311,828
89$20,792,538$0$0$13,457,215
90$22,731,510$0$0$14,715,952
91$24,862,528$0$0$16,099,494
92$27,205,001$0$0$17,620,456
93$29,780,311$0$0$19,292,738
94$32,612,014$0$0$21,131,656
95$35,726,066$0$0$23,154,081
96$39,151,062$0$0$25,378,605
97$42,918,507$0$0$27,825,708
98$47,063,113$0$0$30,517,958
99$51,623,127$0$0$33,480,220
100$56,640,689$0$0$36,739,889