Can I retire at age 30 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$35,592$35,275$34,965$34,663$34,369$34,010
2 years$17,620$17,291$16,973$16,665$16,366$16,005
3 years$11,630$11,300$10,983$10,677$10,383$10,030
4 years$8,635$8,307$7,993$7,693$7,405$7,064
5 years$6,839$6,513$6,203$5,909$5,629$5,301
6 years$5,642$5,318$5,013$4,725$4,454$4,138
7 years$4,787$4,466$4,166$3,885$3,623$3,319
8 years$4,147$3,828$3,533$3,259$3,005$2,715
9 years$3,649$3,333$3,043$2,776$2,531$2,253
10 years$3,250$2,938$2,653$2,393$2,156$1,892
11 years$2,925$2,616$2,335$2,082$1,855$1,602
12 years$2,654$2,348$2,073$1,827$1,607$1,367
13 years$2,424$2,122$1,852$1,613$1,401$1,173
14 years$2,228$1,928$1,664$1,431$1,229$1,012
15 years$2,058$1,762$1,502$1,277$1,082$876
16 years$1,909$1,616$1,362$1,143$956$761
17 years$1,779$1,489$1,239$1,027$848$664
18 years$1,662$1,375$1,131$926$754$580
19 years$1,558$1,275$1,036$836$672$508
20 years$1,465$1,185$951$757$600$445
21 years$1,380$1,103$874$687$537$391
22 years$1,304$1,030$806$625$481$344
23 years$1,234$963$744$569$432$303
24 years$1,170$903$688$519$388$268
25 years$1,111$847$637$474$349$236
26 years$1,057$796$591$434$315$209
27 years$1,007$749$549$397$284$184
28 years$961$706$510$364$256$163
29 years$917$666$475$333$231$144
30 years$877$629$442$306$209$128
31 years$840$595$412$281$189$113
32 years$805$563$385$258$171$100
33 years$772$533$359$238$155$89
34 years$741$505$336$219$140$79
35 years$712$479$314$201$127$70
36 years$685$455$294$185$115$62
37 years$659$432$275$171$104$55
38 years$634$410$257$157$94$49
39 years$611$390$241$145$86$43
40 years$589$371$226$134$78$39
41 years$568$353$212$123$70$34
42 years$549$337$199$114$64$30
43 years$530$321$186$105$58$27
44 years$512$306$175$97$53$24
45 years$495$291$164$90$48$21
46 years$479$278$154$83$43$19
47 years$463$265$145$77$39$17
48 years$449$253$136$71$36$15
49 years$434$242$128$65$33$13
50 years$421$231$120$60$30$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $431,000, adding $4,725 every year, while hoping to spend $27,002 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: 58/21/21 Blend
29$431,000$431,000$431,000$431,000
30$479,836$456,993$450,312$504,724
31$500,049$450,656$436,668$515,856
32$521,419$443,103$421,661$524,663
33$544,036$434,246$405,219$533,671
34$567,996$423,993$387,262$542,903
35$593,407$412,244$367,711$552,389
36$620,385$398,895$346,480$562,162
37$649,059$383,835$323,481$572,261
38$679,567$366,947$298,622$582,728
39$712,062$348,107$271,805$593,614
40$746,713$327,184$242,931$604,974
41$783,701$304,040$211,892$616,871
42$823,227$278,527$178,580$629,380
43$865,513$250,491$142,879$642,580
44$910,799$219,769$104,669$656,564
45$959,349$186,186$63,824$671,437
46$1,011,455$149,561$20,214$687,314
47$1,067,434$109,701$0$704,329
48$1,127,637$66,400$0$728,526
49$1,192,447$19,445$0$759,391
50$1,262,286$0$0$792,608
51$1,337,617$0$0$835,674
52$1,418,949$0$0$887,052
53$1,506,842$0$0$942,603
54$1,601,908$0$0$1,002,719
55$1,704,825$0$0$1,067,833
56$1,816,335$0$0$1,138,418
57$1,937,253$0$0$1,214,995
58$2,068,478$0$0$1,298,138
59$2,210,997$0$0$1,388,476
60$2,365,896$0$0$1,486,703
61$2,534,371$0$0$1,593,582
62$2,717,735$0$0$1,709,953
63$2,917,435$0$0$1,836,740
64$3,135,063$0$0$1,974,958
65$3,372,371$0$0$2,125,727
66$3,631,287$0$0$2,290,278
67$3,913,932$0$0$2,469,967
68$4,222,644$0$0$2,666,285
69$4,559,992$0$0$2,880,876
70$4,928,810$0$0$3,115,548
71$5,332,213$0$0$3,372,293
72$5,773,634$0$0$3,653,303
73$6,256,853$0$0$3,960,992
74$6,786,031$0$0$4,298,020
75$7,365,750$0$0$4,667,315
76$8,001,059$0$0$5,072,100
77$8,697,515$0$0$5,515,929
78$9,461,241$0$0$6,002,712
79$10,298,979$0$0$6,536,758
80$11,218,156$0$0$7,122,812
81$12,226,953$0$0$7,766,102
82$13,334,380$0$0$8,472,385
83$14,550,363$0$0$9,248,005
84$15,885,837$0$0$10,099,948
85$17,352,846$0$0$11,035,912
86$18,964,660$0$0$12,064,376
87$20,735,896$0$0$13,194,681
88$22,682,659$0$0$14,437,119
89$24,822,690$0$0$15,803,029
90$27,175,536$0$0$17,304,901
91$29,762,732$0$0$18,956,497
92$32,608,003$0$0$20,772,981
93$35,737,490$0$0$22,771,059
94$39,179,994$0$0$24,969,136
95$42,967,248$0$0$27,387,493
96$47,134,216$0$0$30,048,475
97$51,719,419$0$0$32,976,702
98$56,765,305$0$0$36,199,301
99$62,318,642$0$0$39,746,164
100$68,430,963$0$0$43,650,224