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%16.1%
1 years$36,087$35,766$35,452$35,146$34,847$33,977
2 years$17,865$17,532$17,210$16,897$16,594$15,723
3 years$11,792$11,457$11,136$10,826$10,528$9,683
4 years$8,756$8,422$8,104$7,800$7,509$6,696
5 years$6,934$6,603$6,289$5,991$5,708$4,931
6 years$5,721$5,392$5,082$4,791$4,516$3,775
7 years$4,854$4,528$4,224$3,939$3,673$2,968
8 years$4,204$3,882$3,582$3,304$3,047$2,377
9 years$3,699$3,380$3,085$2,814$2,566$1,931
10 years$3,296$2,979$2,690$2,426$2,186$1,586
11 years$2,966$2,652$2,368$2,111$1,880$1,313
12 years$2,691$2,380$2,101$1,852$1,630$1,095
13 years$2,458$2,151$1,878$1,635$1,421$917
14 years$2,259$1,955$1,687$1,451$1,246$772
15 years$2,087$1,786$1,523$1,294$1,097$652
16 years$1,936$1,639$1,381$1,159$969$553
17 years$1,803$1,509$1,257$1,041$859$469
18 years$1,685$1,395$1,147$938$764$400
19 years$1,580$1,293$1,050$848$681$341
20 years$1,485$1,201$964$768$608$291
21 years$1,400$1,119$886$697$544$249
22 years$1,322$1,044$817$634$488$213
23 years$1,251$977$754$577$438$182
24 years$1,186$915$698$526$394$156
25 years$1,127$859$646$481$354$134
26 years$1,072$807$599$440$319$115
27 years$1,021$760$556$402$288$99
28 years$974$716$517$369$260$85
29 years$930$675$481$338$234$73
30 years$890$638$448$310$212$63
31 years$852$603$418$285$192$54
32 years$816$570$390$262$173$46
33 years$783$540$364$241$157$40
34 years$751$512$340$222$142$34
35 years$722$486$318$204$129$30
36 years$694$461$298$188$116$25
37 years$668$438$279$173$106$22
38 years$643$416$261$160$96$19
39 years$620$396$244$147$87$16
40 years$597$376$229$136$79$14
41 years$576$358$215$125$71$12
42 years$556$341$201$116$65$10
43 years$537$325$189$107$59$9
44 years$519$310$177$98$53$8
45 years$502$296$167$91$48$7
46 years$485$282$157$84$44$6
47 years$470$269$147$78$40$5
48 years$455$257$138$72$36$4
49 years$440$245$130$66$33$4
50 years$427$234$122$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $437,000, adding $4,224 every year, while hoping to spend $26,923 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: 62/19/19 Blend
29$437,000$437,000$437,000$437,000
30$485,931$462,770$455,997$513,440
31$506,850$456,800$442,627$526,522
32$529,001$449,635$427,906$537,409
33$552,480$441,188$411,762$548,670
34$577,394$431,367$394,117$560,346
35$603,858$420,075$374,891$572,480
36$632,001$407,208$353,999$585,122
37$661,961$392,656$331,353$598,327
38$693,889$376,305$306,862$612,160
39$727,953$358,031$280,429$626,689
40$764,335$337,705$251,954$641,996
41$803,235$315,191$221,333$658,168
42$844,873$290,343$188,455$675,305
43$889,488$263,008$153,207$693,518
44$937,345$233,025$115,468$712,933
45$988,733$200,222$75,115$733,688
46$1,043,970$164,418$32,017$755,939
47$1,103,403$125,424$0$779,859
48$1,167,417$83,036$0$808,476
49$1,236,432$37,043$0$846,283
50$1,310,909$0$0$887,053
51$1,391,356$0$0$933,758
52$1,478,331$0$0$992,651
53$1,572,447$0$0$1,056,407
54$1,674,377$0$0$1,125,484
55$1,784,863$0$0$1,200,389
56$1,904,718$0$0$1,281,677
57$2,034,840$0$0$1,369,961
58$2,176,213$0$0$1,465,912
59$2,329,921$0$0$1,570,272
60$2,497,158$0$0$1,683,853
61$2,679,234$0$0$1,807,552
62$2,877,594$0$0$1,942,355
63$3,093,827$0$0$2,089,346
64$3,329,681$0$0$2,249,720
65$3,587,081$0$0$2,424,791
66$3,868,146$0$0$2,616,005
67$4,175,208$0$0$2,824,956
68$4,510,834$0$0$3,053,396
69$4,877,851$0$0$3,303,256
70$5,279,372$0$0$3,576,663
71$5,718,823$0$0$3,875,955
72$6,199,978$0$0$4,203,711
73$6,726,993$0$0$4,562,770
74$7,304,444$0$0$4,956,256
75$7,937,371$0$0$5,387,612
76$8,631,324$0$0$5,860,630
77$9,392,418$0$0$6,379,486
78$10,227,385$0$0$6,948,778
79$11,143,642$0$0$7,573,574
80$12,149,359$0$0$8,259,453
81$13,253,534$0$0$9,012,564
82$14,466,082$0$0$9,839,677
83$15,797,920$0$0$10,748,252
84$17,261,080$0$0$11,746,507
85$18,868,812$0$0$12,843,495
86$20,635,717$0$0$14,049,190
87$22,577,879$0$0$15,374,579
88$24,713,016$0$0$16,831,767
89$27,060,651$0$0$18,434,091
90$29,642,293$0$0$20,196,245
91$32,481,639$0$0$22,134,417
92$35,604,796$0$0$24,266,446
93$39,040,531$0$0$26,611,982
94$42,820,538$0$0$29,192,679
95$46,979,739$0$0$32,032,395
96$51,556,612$0$0$35,157,417
97$56,593,551$0$0$38,596,709
98$62,137,269$0$0$42,382,186
99$68,239,239$0$0$46,549,013
100$74,956,175$0$0$51,135,937