Can I retire at age 30 with 434,000?

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 $434,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$35,839$35,520$35,209$34,905$34,608$33,300
2 years$17,742$17,412$17,092$16,781$16,480$15,178
3 years$11,711$11,379$11,059$10,752$10,456$9,200
4 years$8,695$8,365$8,048$7,746$7,457$6,257
5 years$6,887$6,558$6,246$5,950$5,669$4,528
6 years$5,681$5,355$5,048$4,758$4,485$3,405
7 years$4,821$4,497$4,195$3,912$3,648$2,627
8 years$4,176$3,855$3,557$3,282$3,026$2,063
9 years$3,674$3,356$3,064$2,795$2,549$1,643
10 years$3,273$2,959$2,671$2,409$2,171$1,321
11 years$2,945$2,634$2,352$2,097$1,868$1,071
12 years$2,672$2,364$2,087$1,839$1,618$874
13 years$2,441$2,136$1,865$1,624$1,411$716
14 years$2,244$1,942$1,675$1,441$1,237$589
15 years$2,072$1,774$1,513$1,286$1,089$486
16 years$1,923$1,628$1,371$1,151$963$402
17 years$1,791$1,499$1,248$1,034$854$333
18 years$1,674$1,385$1,139$932$759$277
19 years$1,569$1,284$1,043$842$676$230
20 years$1,475$1,193$957$763$604$192
21 years$1,390$1,111$880$692$541$160
22 years$1,313$1,037$811$629$485$133
23 years$1,242$970$749$573$435$111
24 years$1,178$909$693$523$391$93
25 years$1,119$853$642$477$352$78
26 years$1,064$802$595$437$317$65
27 years$1,014$754$553$400$286$54
28 years$967$711$514$366$258$45
29 years$924$671$478$336$233$38
30 years$883$633$445$308$210$32
31 years$846$599$415$283$190$27
32 years$810$566$387$260$172$22
33 years$777$536$362$239$156$19
34 years$746$508$338$220$141$16
35 years$717$482$316$203$128$13
36 years$689$458$296$187$116$11
37 years$663$435$277$172$105$9
38 years$639$413$259$158$95$8
39 years$615$393$243$146$86$6
40 years$593$374$228$135$78$5
41 years$572$356$213$124$71$5
42 years$553$339$200$115$64$4
43 years$534$323$188$106$58$3
44 years$516$308$176$98$53$3
45 years$499$293$165$90$48$2
46 years$482$280$155$83$44$2
47 years$467$267$146$77$40$2
48 years$452$255$137$71$36$1
49 years$437$244$129$66$33$1
50 years$424$233$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 $434,000, adding $4,997 every year, while hoping to spend $31,306 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: 36/38/26 Blend
29$434,000$434,000$434,000$434,000
30$483,422$460,420$453,693$496,898
31$499,422$449,672$435,583$496,558
32$516,005$437,347$415,816$492,979
33$533,196$423,336$394,305$488,504
34$551,025$407,522$370,957$483,071
35$569,521$389,782$345,675$476,617
36$588,715$369,985$318,359$469,076
37$608,642$347,992$288,902$460,378
38$629,338$323,658$257,194$450,449
39$650,841$296,828$223,121$439,212
40$673,193$267,338$186,562$426,587
41$696,437$235,017$147,390$412,487
42$720,622$199,681$105,476$396,825
43$745,798$161,137$60,681$379,506
44$772,019$119,183$12,864$360,434
45$799,344$73,602$0$339,504
46$827,837$24,169$0$327,199
47$857,566$0$0$317,314
48$888,603$0$0$318,481
49$921,029$0$0$330,272
50$954,928$0$0$342,615
51$990,394$0$0$355,544
52$1,027,526$0$0$369,098
53$1,066,433$0$0$383,319
54$1,107,233$0$0$398,252
55$1,150,053$0$0$413,948
56$1,195,032$0$0$430,460
57$1,242,320$0$0$447,846
58$1,292,082$0$0$466,170
59$1,344,496$0$0$485,501
60$1,399,755$0$0$505,915
61$1,458,071$0$0$527,494
62$1,519,676$0$0$550,329
63$1,584,820$0$0$574,517
64$1,653,777$0$0$600,166
65$1,726,849$0$0$627,394
66$1,804,362$0$0$656,328
67$1,886,675$0$0$687,109
68$1,974,179$0$0$719,890
69$2,067,303$0$0$754,840
70$2,166,516$0$0$792,143
71$2,272,332$0$0$832,000
72$2,385,313$0$0$874,634
73$2,506,076$0$0$920,285
74$2,635,297$0$0$969,221
75$2,773,717$0$0$1,021,733
76$2,922,148$0$0$1,078,141
77$3,081,484$0$0$1,138,797
78$3,252,701$0$0$1,204,086
79$3,436,876$0$0$1,274,433
80$3,635,187$0$0$1,350,302
81$3,848,930$0$0$1,432,205
82$4,079,527$0$0$1,520,703
83$4,328,543$0$0$1,616,414
84$4,597,695$0$0$1,720,017
85$4,888,871$0$0$1,832,256
86$5,204,147$0$0$1,953,954
87$5,545,804$0$0$2,086,011
88$5,916,351$0$0$2,229,420
89$6,318,548$0$0$2,385,271
90$6,755,428$0$0$2,554,766
91$7,230,331$0$0$2,739,224
92$7,746,928$0$0$2,940,099
93$8,309,260$0$0$3,158,989
94$8,921,772$0$0$3,397,655
95$9,589,357$0$0$3,658,033
96$10,317,399$0$0$3,942,255
97$11,111,823$0$0$4,252,667
98$11,979,154$0$0$4,591,852
99$12,926,571$0$0$4,962,655
100$13,961,979$0$0$5,368,206