Can I retire at age 30 with 433,000?

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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$35,757$35,438$35,127$34,824$34,528$33,383
2 years$17,701$17,372$17,052$16,742$16,442$15,299
3 years$11,684$11,353$11,034$10,727$10,431$9,327
4 years$8,675$8,345$8,030$7,728$7,440$6,382
5 years$6,871$6,543$6,231$5,936$5,656$4,648
6 years$5,668$5,343$5,036$4,747$4,475$3,518
7 years$4,810$4,487$4,185$3,903$3,639$2,733
8 years$4,166$3,846$3,549$3,274$3,019$2,162
9 years$3,666$3,349$3,057$2,789$2,543$1,734
10 years$3,266$2,952$2,665$2,404$2,166$1,405
11 years$2,938$2,628$2,346$2,092$1,863$1,148
12 years$2,666$2,358$2,082$1,835$1,615$944
13 years$2,436$2,131$1,860$1,620$1,408$780
14 years$2,238$1,937$1,672$1,438$1,234$647
15 years$2,068$1,770$1,509$1,283$1,087$539
16 years$1,918$1,624$1,368$1,148$960$449
17 years$1,787$1,495$1,245$1,032$852$376
18 years$1,670$1,382$1,137$930$757$315
19 years$1,565$1,281$1,041$840$675$264
20 years$1,472$1,190$955$761$603$222
21 years$1,387$1,109$878$691$539$187
22 years$1,310$1,035$810$628$484$157
23 years$1,240$968$747$572$434$133
24 years$1,175$907$691$522$390$112
25 years$1,116$851$640$476$351$94
26 years$1,062$800$594$436$316$80
27 years$1,012$753$551$399$285$67
28 years$965$709$513$365$257$57
29 years$922$669$477$335$232$48
30 years$881$632$444$307$210$41
31 years$844$597$414$282$190$34
32 years$808$565$386$259$172$29
33 years$775$535$361$239$155$24
34 years$744$507$337$220$141$21
35 years$715$481$315$202$127$18
36 years$688$457$295$186$115$15
37 years$662$434$276$171$105$13
38 years$637$412$258$158$95$11
39 years$614$392$242$146$86$9
40 years$592$373$227$134$78$8
41 years$571$355$213$124$71$6
42 years$551$338$200$114$64$5
43 years$532$322$187$106$58$5
44 years$514$307$176$98$53$4
45 years$497$293$165$90$48$3
46 years$481$279$155$83$44$3
47 years$465$267$146$77$40$2
48 years$451$254$137$71$36$2
49 years$436$243$129$66$33$2
50 years$423$232$121$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $433,000, adding $4,450 every year, while hoping to spend $22,828 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: 45/33/22 Blend
29$433,000$433,000$433,000$433,000
30$481,756$458,807$452,096$500,202
31$506,606$457,000$442,952$511,826
32$533,226$454,339$432,737$521,837
33$561,772$450,758$421,391$532,228
34$592,416$446,188$408,850$543,047
35$625,346$440,555$395,050$554,348
36$660,768$433,779$379,921$566,188
37$698,910$425,778$363,392$578,637
38$740,020$416,463$345,387$591,769
39$784,374$405,741$325,829$605,672
40$832,271$393,513$304,635$620,440
41$884,042$379,674$281,720$636,183
42$940,050$364,115$256,994$653,021
43$1,000,695$346,716$230,363$671,092
44$1,066,416$327,355$201,730$690,548
45$1,137,695$305,900$170,992$711,559
46$1,215,064$282,213$138,044$734,317
47$1,299,106$256,147$102,774$759,035
48$1,390,463$227,547$65,066$785,952
49$1,489,843$196,249$24,798$815,335
50$1,598,022$162,081$0$847,479
51$1,715,857$124,859$0$886,983
52$1,844,288$84,390$0$936,438
53$1,984,351$40,471$0$990,460
54$2,137,187$0$0$1,049,540
55$2,304,051$0$0$1,116,805
56$2,486,325$0$0$1,206,382
57$2,685,529$0$0$1,304,330
58$2,903,338$0$0$1,411,478
59$3,141,596$0$0$1,528,739
60$3,402,334$0$0$1,657,120
61$3,687,786$0$0$1,797,727
62$4,000,414$0$0$1,951,782
63$4,342,929$0$0$2,120,626
64$4,718,316$0$0$2,305,740
65$5,129,864$0$0$2,508,753
66$5,581,193$0$0$2,731,461
67$6,076,293$0$0$2,975,838
68$6,619,556$0$0$3,244,065
69$7,215,822$0$0$3,538,538
70$7,870,420$0$0$3,861,900
71$8,589,223$0$0$4,217,061
72$9,378,698$0$0$4,607,229
73$10,245,972$0$0$5,035,934
74$11,198,892$0$0$5,507,068
75$12,246,107$0$0$6,024,919
76$13,397,143$0$0$6,594,208
77$14,662,496$0$0$7,220,139
78$16,053,728$0$0$7,908,445
79$17,583,579$0$0$8,665,441
80$19,266,085$0$0$9,498,087
81$21,116,709$0$0$10,414,048
82$23,152,490$0$0$11,421,774
83$25,392,199$0$0$12,530,570
84$27,856,521$0$0$13,750,692
85$30,568,244$0$0$15,093,440
86$33,552,480$0$0$16,571,264
87$36,836,895$0$0$18,197,882
88$40,451,975$0$0$19,988,410
89$44,431,312$0$0$21,959,503
90$48,811,918$0$0$24,129,515
91$53,634,577$0$0$26,518,668
92$58,944,228$0$0$29,149,245
93$64,790,390$0$0$32,045,799
94$71,227,627$0$0$35,235,386
95$78,316,063$0$0$38,747,820
96$86,121,951$0$0$42,615,953
97$94,718,296$0$0$46,875,985
98$104,185,543$0$0$51,567,806
99$114,612,338$0$0$56,735,372
100$126,096,361$0$0$62,427,122