Can I retire at age 30 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$35,922$35,602$35,290$34,985$34,688$34,155
2 years$17,783$17,452$17,131$16,820$16,518$15,983
3 years$11,738$11,405$11,085$10,777$10,480$9,958
4 years$8,716$8,384$8,067$7,764$7,474$6,971
5 years$6,903$6,573$6,260$5,963$5,682$5,198
6 years$5,695$5,367$5,059$4,769$4,496$4,032
7 years$4,832$4,508$4,204$3,921$3,656$3,213
8 years$4,185$3,864$3,566$3,289$3,033$2,610
9 years$3,683$3,364$3,071$2,802$2,554$2,151
10 years$3,281$2,965$2,677$2,415$2,176$1,792
11 years$2,952$2,640$2,357$2,102$1,872$1,507
12 years$2,678$2,369$2,092$1,844$1,622$1,276
13 years$2,447$2,141$1,869$1,628$1,415$1,086
14 years$2,249$1,946$1,679$1,445$1,240$929
15 years$2,077$1,778$1,516$1,288$1,092$798
16 years$1,927$1,631$1,375$1,154$965$688
17 years$1,795$1,502$1,251$1,037$856$595
18 years$1,678$1,388$1,142$934$761$515
19 years$1,573$1,287$1,045$844$678$447
20 years$1,478$1,196$959$765$606$389
21 years$1,393$1,114$882$694$542$338
22 years$1,316$1,040$813$631$486$295
23 years$1,245$972$751$575$436$258
24 years$1,181$911$694$524$392$225
25 years$1,121$855$643$479$353$197
26 years$1,067$803$597$438$318$172
27 years$1,016$756$554$401$286$151
28 years$970$713$515$367$258$132
29 years$926$672$479$337$233$116
30 years$885$635$446$309$211$102
31 years$848$600$416$284$191$89
32 years$812$568$388$261$172$78
33 years$779$538$363$240$156$69
34 years$748$510$339$221$141$60
35 years$719$483$317$203$128$53
36 years$691$459$296$187$116$46
37 years$665$436$277$172$105$41
38 years$640$414$260$159$95$36
39 years$617$394$243$146$86$32
40 years$595$375$228$135$78$28
41 years$574$357$214$125$71$24
42 years$554$340$201$115$65$21
43 years$535$324$188$106$59$19
44 years$517$308$177$98$53$17
45 years$500$294$166$91$48$15
46 years$483$281$156$84$44$13
47 years$468$268$146$77$40$11
48 years$453$256$138$71$36$10
49 years$438$244$129$66$33$9
50 years$425$233$122$61$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $435,000, adding $2,875 every year, while hoping to spend $29,714 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: 61/19/20 Blend
29$435,000$435,000$435,000$435,000
30$482,336$459,281$452,538$509,082
31$499,918$450,170$436,083$518,390
32$518,299$439,617$418,080$524,999
33$537,526$427,519$398,447$531,536
34$557,656$413,770$377,097$537,996
35$578,746$398,253$353,938$544,379
36$600,859$380,849$328,877$550,683
37$624,065$361,429$301,812$556,909
38$648,439$339,858$272,642$563,059
39$674,061$315,992$241,257$569,135
40$701,020$289,681$207,544$575,145
41$729,413$260,764$171,386$581,097
42$759,344$229,072$132,658$587,002
43$790,926$194,427$91,232$592,874
44$824,286$156,638$46,973$598,732
45$859,558$115,508$0$604,598
46$896,890$70,825$0$610,556
47$936,444$22,367$0$627,283
48$978,396$0$0$644,817
49$1,022,941$0$0$669,531
50$1,070,289$0$0$700,789
51$1,120,671$0$0$734,068
52$1,174,340$0$0$769,539
53$1,231,574$0$0$807,386
54$1,292,675$0$0$847,813
55$1,357,975$0$0$891,044
56$1,427,840$0$0$937,321
57$1,502,669$0$0$986,914
58$1,582,900$0$0$1,040,116
59$1,669,014$0$0$1,097,249
60$1,761,538$0$0$1,158,667
61$1,861,051$0$0$1,224,760
62$1,968,190$0$0$1,295,953
63$2,083,652$0$0$1,372,715
64$2,208,204$0$0$1,455,561
65$2,342,690$0$0$1,545,056
66$2,488,034$0$0$1,641,823
67$2,645,255$0$0$1,746,543
68$2,815,470$0$0$1,859,968
69$2,999,910$0$0$1,982,924
70$3,199,927$0$0$2,116,319
71$3,417,007$0$0$2,261,150
72$3,652,787$0$0$2,418,517
73$3,909,063$0$0$2,589,627
74$4,187,817$0$0$2,775,810
75$4,491,224$0$0$2,978,528
76$4,821,680$0$0$3,199,389
77$5,181,823$0$0$3,440,166
78$5,574,552$0$0$3,702,807
79$6,003,061$0$0$3,989,457
80$6,470,865$0$0$4,302,478
81$6,981,833$0$0$4,644,469
82$7,540,225$0$0$5,018,292
83$8,150,729$0$0$5,427,098
84$8,818,509$0$0$5,874,355
85$9,549,249$0$0$6,363,884
86$10,349,209$0$0$6,899,891
87$11,225,282$0$0$7,487,007
88$12,185,059$0$0$8,130,335
89$13,236,899$0$0$8,835,490
90$14,390,009$0$0$9,608,662
91$15,654,529$0$0$10,456,663
92$17,041,628$0$0$11,387,000
93$18,563,606$0$0$12,407,939
94$20,234,013$0$0$13,528,587
95$22,067,775$0$0$14,758,975
96$24,081,333$0$0$16,110,153
97$26,292,796$0$0$17,594,292
98$28,722,117$0$0$19,224,802
99$31,391,273$0$0$21,016,455
100$34,324,477$0$0$22,985,524