Can I retire at age 30 with 430,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$35,509$35,193$34,884$34,583$34,289$33,433
2 years$17,579$17,251$16,934$16,626$16,328$15,471
3 years$11,603$11,274$10,957$10,653$10,359$9,528
4 years$8,615$8,288$7,974$7,675$7,388$6,589
5 years$6,823$6,498$6,188$5,895$5,616$4,852
6 years$5,629$5,306$5,001$4,714$4,444$3,715
7 years$4,776$4,456$4,156$3,876$3,614$2,920
8 years$4,137$3,819$3,525$3,251$2,998$2,339
9 years$3,640$3,325$3,036$2,769$2,525$1,900
10 years$3,243$2,931$2,647$2,387$2,151$1,560
11 years$2,918$2,610$2,330$2,078$1,850$1,292
12 years$2,648$2,342$2,068$1,822$1,603$1,077
13 years$2,419$2,117$1,847$1,609$1,398$903
14 years$2,223$1,924$1,660$1,428$1,226$760
15 years$2,053$1,758$1,499$1,274$1,079$642
16 years$1,905$1,613$1,359$1,140$954$544
17 years$1,774$1,485$1,236$1,025$846$462
18 years$1,658$1,372$1,129$923$752$393
19 years$1,555$1,272$1,033$834$670$335
20 years$1,461$1,182$948$756$599$286
21 years$1,377$1,101$872$686$536$245
22 years$1,301$1,028$804$624$480$210
23 years$1,231$961$742$568$431$180
24 years$1,167$900$686$518$387$154
25 years$1,109$845$636$473$349$132
26 years$1,055$794$590$433$314$113
27 years$1,005$747$548$396$283$97
28 years$958$704$509$363$255$84
29 years$915$664$474$333$231$72
30 years$875$627$441$305$208$62
31 years$838$593$411$280$188$53
32 years$803$561$384$258$170$46
33 years$770$532$358$237$154$39
34 years$739$504$335$218$140$34
35 years$710$478$313$201$127$29
36 years$683$454$293$185$115$25
37 years$657$431$274$170$104$22
38 years$633$409$257$157$94$19
39 years$610$389$240$145$85$16
40 years$588$370$225$133$77$14
41 years$567$353$211$123$70$12
42 years$547$336$198$114$64$10
43 years$529$320$186$105$58$9
44 years$511$305$175$97$53$8
45 years$494$291$164$89$48$7
46 years$478$277$154$83$43$6
47 years$462$265$145$76$39$5
48 years$447$253$136$71$36$4
49 years$433$241$128$65$32$4
50 years$420$231$120$60$29$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $430,000, adding $6,404 every year, while hoping to spend $25,568 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: 56/38/6 Blend
29$430,000$430,000$430,000$430,000
30$480,466$457,676$451,011$506,397
31$502,269$452,898$438,915$519,827
32$525,439$447,029$425,558$531,024
33$550,089$439,988$410,869$542,588
34$576,342$431,691$394,777$554,554
35$604,331$422,046$377,204$566,966
36$634,206$410,959$358,073$579,871
37$666,126$398,328$337,301$593,325
38$700,271$384,046$314,800$607,388
39$736,834$367,999$290,481$622,130
40$776,028$350,068$264,249$637,628
41$818,086$330,125$236,005$653,971
42$863,267$308,037$205,647$671,256
43$911,850$283,661$173,066$689,594
44$964,146$256,847$138,150$709,110
45$1,020,493$227,437$100,783$729,942
46$1,081,264$195,263$60,840$752,246
47$1,146,870$160,147$18,196$776,197
48$1,217,761$121,904$0$801,989
49$1,294,430$80,335$0$831,590
50$1,377,421$35,231$0$864,850
51$1,467,334$0$0$900,885
52$1,564,824$0$0$945,706
53$1,670,614$0$0$1,010,362
54$1,785,499$0$0$1,080,611
55$1,910,354$0$0$1,156,992
56$2,046,140$0$0$1,240,097
57$2,193,916$0$0$1,330,580
58$2,354,846$0$0$1,429,158
59$2,530,210$0$0$1,536,621
60$2,721,420$0$0$1,653,839
61$2,930,026$0$0$1,781,767
62$3,157,738$0$0$1,921,461
63$3,406,435$0$0$2,074,079
64$3,678,187$0$0$2,240,897
65$3,975,273$0$0$2,423,322
66$4,300,202$0$0$2,622,900
67$4,655,737$0$0$2,841,337
68$5,044,919$0$0$3,080,507
69$5,471,098$0$0$3,342,476
70$5,937,963$0$0$3,629,522
71$6,449,575$0$0$3,944,148
72$7,010,409$0$0$4,289,115
73$7,625,391$0$0$4,667,463
74$8,299,950$0$0$5,082,540
75$9,040,062$0$0$5,538,032
76$9,852,310$0$0$6,038,003
77$10,743,949$0$0$6,586,926
78$11,722,965$0$0$7,189,730
79$12,798,160$0$0$7,851,845
80$13,979,227$0$0$8,579,252
81$15,276,847$0$0$9,378,539
82$16,702,784$0$0$10,256,966
83$18,269,998$0$0$11,222,530
84$19,992,770$0$0$12,284,041
85$21,886,830$0$0$13,451,205
86$23,969,510$0$0$14,734,718
87$26,259,906$0$0$16,146,360
88$28,779,056$0$0$17,699,115
89$31,550,139$0$0$19,407,283
90$34,598,694$0$0$21,286,625
91$37,952,861$0$0$23,354,504
92$41,643,644$0$0$25,630,050
93$45,705,204$0$0$28,134,344
94$50,175,181$0$0$30,890,612
95$55,095,049$0$0$33,924,446
96$60,510,506$0$0$37,264,045
97$66,471,907$0$0$40,940,481
98$73,034,734$0$0$44,987,993
99$80,260,125$0$0$49,444,305
100$88,215,445$0$0$54,350,988