Can I retire at age 30 with 437,000?

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 $437,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$36,087$35,766$35,452$35,146$34,847$33,705
2 years$17,865$17,532$17,210$16,897$16,594$15,454
3 years$11,792$11,457$11,136$10,826$10,528$9,426
4 years$8,756$8,422$8,104$7,800$7,509$6,453
5 years$6,934$6,603$6,289$5,991$5,708$4,702
6 years$5,721$5,392$5,082$4,791$4,516$3,561
7 years$4,854$4,528$4,224$3,939$3,673$2,767
8 years$4,204$3,882$3,582$3,304$3,047$2,191
9 years$3,699$3,380$3,085$2,814$2,566$1,758
10 years$3,296$2,979$2,690$2,426$2,186$1,426
11 years$2,966$2,652$2,368$2,111$1,880$1,166
12 years$2,691$2,380$2,101$1,852$1,630$959
13 years$2,458$2,151$1,878$1,635$1,421$793
14 years$2,259$1,955$1,687$1,451$1,246$658
15 years$2,087$1,786$1,523$1,294$1,097$548
16 years$1,936$1,639$1,381$1,159$969$458
17 years$1,803$1,509$1,257$1,041$859$383
18 years$1,685$1,395$1,147$938$764$321
19 years$1,580$1,293$1,050$848$681$270
20 years$1,485$1,201$964$768$608$227
21 years$1,400$1,119$886$697$544$191
22 years$1,322$1,044$817$634$488$161
23 years$1,251$977$754$577$438$136
24 years$1,186$915$698$526$394$115
25 years$1,127$859$646$481$354$97
26 years$1,072$807$599$440$319$82
27 years$1,021$760$556$402$288$69
28 years$974$716$517$369$260$58
29 years$930$675$481$338$234$49
30 years$890$638$448$310$212$42
31 years$852$603$418$285$192$35
32 years$816$570$390$262$173$30
33 years$783$540$364$241$157$25
34 years$751$512$340$222$142$21
35 years$722$486$318$204$129$18
36 years$694$461$298$188$116$15
37 years$668$438$279$173$106$13
38 years$643$416$261$160$96$11
39 years$620$396$244$147$87$9
40 years$597$376$229$136$79$8
41 years$576$358$215$125$71$7
42 years$556$341$201$116$65$6
43 years$537$325$189$107$59$5
44 years$519$310$177$98$53$4
45 years$502$296$167$91$48$3
46 years$485$282$157$84$44$3
47 years$470$269$147$78$40$2
48 years$455$257$138$72$36$2
49 years$440$245$130$66$33$2
50 years$427$234$122$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $437,000, adding $2,158 every year, while hoping to spend $21,709 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: 41/33/26 Blend
29$437,000$437,000$437,000$437,000
30$483,800$460,639$453,865$499,860
31$510,049$460,112$445,972$511,105
32$538,249$458,832$437,086$521,064
33$568,574$456,738$427,152$531,421
34$601,218$453,768$416,111$542,227
35$636,393$449,854$403,902$553,537
36$674,332$444,924$390,460$565,416
37$715,292$438,903$375,718$577,933
38$759,553$431,710$359,606$591,170
39$807,424$423,261$342,050$605,218
40$859,247$413,466$322,973$620,177
41$915,393$402,228$302,296$636,163
42$976,273$389,448$279,933$653,303
43$1,042,341$375,019$255,799$671,741
44$1,114,091$358,826$229,799$691,639
45$1,192,071$340,751$201,841$713,174
46$1,276,882$320,668$171,822$736,550
47$1,369,185$298,442$139,639$761,989
48$1,469,708$273,931$105,183$789,744
49$1,579,251$246,987$68,339$820,093
50$1,698,696$217,451$28,990$853,347
51$1,829,013$185,156$0$889,855
52$1,971,270$149,926$0$933,609
53$2,126,641$111,574$0$990,251
54$2,296,420$69,903$0$1,052,244
55$2,482,032$24,705$0$1,120,162
56$2,685,045$0$0$1,194,635
57$2,907,185$0$0$1,285,165
58$3,150,354$0$0$1,394,140
59$3,416,645$0$0$1,513,534
60$3,708,365$0$0$1,644,388
61$4,028,050$0$0$1,787,848
62$4,378,499$0$0$1,945,177
63$4,762,791$0$0$2,117,764
64$5,184,318$0$0$2,307,142
65$5,646,815$0$0$2,514,998
66$6,154,399$0$0$2,743,190
67$6,711,602$0$0$2,993,764
68$7,323,418$0$0$3,268,977
69$7,995,346$0$0$3,571,311
70$8,733,447$0$0$3,903,503
71$9,544,395$0$0$4,268,569
72$10,435,544$0$0$4,669,829
73$11,414,996$0$0$5,110,942
74$12,491,675$0$0$5,595,940
75$13,675,414$0$0$6,129,264
76$14,977,047$0$0$6,715,806
77$16,408,508$0$0$7,360,959
78$17,982,948$0$0$8,070,661
79$19,714,856$0$0$8,851,458
80$21,620,194$0$0$9,710,561
81$23,716,550$0$0$10,655,913
82$26,023,305$0$0$11,696,271
83$28,561,810$0$0$12,841,278
84$31,355,593$0$0$14,101,565
85$34,430,577$0$0$15,488,840
86$37,815,325$0$0$17,016,008
87$41,541,312$0$0$18,697,287
88$45,643,217$0$0$20,548,345
89$50,159,255$0$0$22,586,445
90$55,131,532$0$0$24,830,609
91$60,606,446$0$0$27,301,799
92$66,635,124$0$0$30,023,112
93$73,273,902$0$0$33,019,999
94$80,584,858$0$0$36,320,507
95$88,636,397$0$0$39,955,539
96$97,503,898$0$0$43,959,150
97$107,270,421$0$0$48,368,867
98$118,027,496$0$0$53,226,039
99$129,875,980$0$0$58,576,235
100$142,927,014$0$0$64,469,667