Can I retire at age 30 with 426,000?

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 $426,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$35,179$34,865$34,560$34,261$33,970$32,817
2 years$17,415$17,091$16,777$16,472$16,176$15,026
3 years$11,495$11,169$10,856$10,554$10,263$9,152
4 years$8,535$8,210$7,900$7,603$7,320$6,256
5 years$6,760$6,437$6,131$5,840$5,564$4,551
6 years$5,577$5,256$4,955$4,670$4,403$3,441
7 years$4,732$4,414$4,117$3,840$3,581$2,670
8 years$4,099$3,784$3,492$3,221$2,970$2,110
9 years$3,606$3,295$3,007$2,744$2,502$1,690
10 years$3,213$2,904$2,622$2,365$2,131$1,368
11 years$2,891$2,585$2,308$2,058$1,833$1,116
12 years$2,623$2,320$2,049$1,805$1,589$916
13 years$2,396$2,097$1,830$1,594$1,385$756
14 years$2,202$1,906$1,645$1,415$1,214$626
15 years$2,034$1,741$1,485$1,262$1,069$521
16 years$1,887$1,598$1,346$1,130$945$434
17 years$1,758$1,471$1,225$1,015$838$362
18 years$1,643$1,360$1,118$915$745$303
19 years$1,540$1,260$1,024$827$664$254
20 years$1,448$1,171$939$749$593$213
21 years$1,364$1,091$864$679$531$179
22 years$1,289$1,018$796$618$476$151
23 years$1,220$952$735$563$427$127
24 years$1,156$892$680$513$384$107
25 years$1,098$837$630$469$345$90
26 years$1,045$787$584$429$311$76
27 years$995$740$542$392$281$64
28 years$949$698$504$359$253$54
29 years$907$658$469$330$229$45
30 years$867$622$437$302$207$38
31 years$830$588$408$278$187$32
32 years$795$556$380$255$169$27
33 years$763$527$355$235$153$23
34 years$732$499$332$216$138$19
35 years$704$473$310$199$125$16
36 years$677$449$290$183$114$14
37 years$651$427$272$169$103$12
38 years$627$406$254$156$93$10
39 years$604$386$238$143$85$8
40 years$582$367$223$132$77$7
41 years$562$349$209$122$70$6
42 years$542$333$196$113$63$5
43 years$524$317$184$104$57$4
44 years$506$302$173$96$52$4
45 years$489$288$162$89$47$3
46 years$473$275$153$82$43$3
47 years$458$262$143$76$39$2
48 years$443$250$135$70$35$2
49 years$429$239$127$65$32$2
50 years$416$228$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $426,000, adding $5,302 every year, while hoping to spend $25,772 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: 46/31/23 Blend
29$426,000$426,000$426,000$426,000
30$474,921$452,343$445,740$493,417
31$495,942$447,087$433,251$501,691
32$518,243$440,709$419,480$507,709
33$541,928$433,128$404,357$513,717
34$567,109$424,256$387,808$519,728
35$593,911$414,001$369,756$525,755
36$622,470$402,267$350,122$531,817
37$652,932$388,948$328,822$537,935
38$685,461$373,937$305,767$544,135
39$720,235$357,117$280,867$550,449
40$757,449$338,365$254,026$556,913
41$797,317$317,553$225,144$563,569
42$840,073$294,543$194,117$570,468
43$885,976$269,191$160,835$577,666
44$935,307$241,343$125,185$585,230
45$988,378$210,838$87,048$593,238
46$1,045,528$177,505$46,300$601,776
47$1,107,132$141,164$2,811$610,945
48$1,173,601$101,622$0$620,859
49$1,245,387$58,680$0$642,348
50$1,322,985$12,124$0$666,291
51$1,406,941$0$0$692,201
52$1,497,855$0$0$733,359
53$1,596,385$0$0$782,489
54$1,703,256$0$0$835,822
55$1,819,265$0$0$893,760
56$1,945,289$0$0$956,747
57$2,082,292$0$0$1,025,272
58$2,231,334$0$0$1,099,871
59$2,393,583$0$0$1,181,134
60$2,570,324$0$0$1,269,712
61$2,762,968$0$0$1,366,321
62$2,973,072$0$0$1,471,747
63$3,202,347$0$0$1,586,857
64$3,452,679$0$0$1,712,606
65$3,726,140$0$0$1,850,044
66$4,025,015$0$0$2,000,327
67$4,351,817$0$0$2,164,728
68$4,709,316$0$0$2,344,651
69$5,100,558$0$0$2,541,637
70$5,528,900$0$0$2,757,388
71$5,998,037$0$0$2,993,776
72$6,512,040$0$0$3,252,862
73$7,075,391$0$0$3,536,916
74$7,693,025$0$0$3,848,441
75$8,370,381$0$0$4,190,190
76$9,113,446$0$0$4,565,197
77$9,928,816$0$0$4,976,805
78$10,823,757$0$0$5,428,694
79$11,806,270$0$0$5,924,921
80$12,885,173$0$0$6,469,951
81$14,070,176$0$0$7,068,706
82$15,371,976$0$0$7,726,606
83$16,802,359$0$0$8,449,625
84$18,374,309$0$0$9,244,341
85$20,102,127$0$0$10,118,003
86$22,001,573$0$0$11,078,596
87$24,090,006$0$0$12,134,920
88$26,386,555$0$0$13,296,668
89$28,912,291$0$0$14,574,519
90$31,690,433$0$0$15,980,241
91$34,746,562$0$0$17,526,800
92$38,108,863$0$0$19,228,479
93$41,808,390$0$0$21,101,019
94$45,879,361$0$0$23,161,762
95$50,359,475$0$0$25,429,816
96$55,290,275$0$0$27,926,237
97$60,717,531$0$0$30,674,225
98$66,691,679$0$0$33,699,341
99$73,268,289$0$0$37,029,754
100$80,508,597$0$0$40,696,502