Can I retire at age 30 with 438,000?

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 $438,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$36,170$35,847$35,533$35,226$34,927$33,728
2 years$17,906$17,572$17,249$16,936$16,632$15,436
3 years$11,819$11,484$11,161$10,851$10,552$9,397
4 years$8,776$8,442$8,123$7,817$7,526$6,420
5 years$6,950$6,618$6,303$6,005$5,721$4,668
6 years$5,734$5,404$5,094$4,802$4,527$3,527
7 years$4,865$4,539$4,233$3,948$3,681$2,735
8 years$4,214$3,890$3,590$3,312$3,054$2,160
9 years$3,708$3,387$3,092$2,821$2,572$1,730
10 years$3,303$2,986$2,696$2,432$2,191$1,399
11 years$2,972$2,658$2,373$2,116$1,885$1,141
12 years$2,697$2,386$2,106$1,856$1,633$936
13 years$2,464$2,156$1,882$1,639$1,424$772
14 years$2,264$1,960$1,691$1,455$1,248$639
15 years$2,092$1,790$1,527$1,297$1,099$531
16 years$1,941$1,643$1,384$1,162$972$442
17 years$1,807$1,513$1,259$1,044$861$369
18 years$1,689$1,398$1,150$941$766$308
19 years$1,584$1,295$1,053$850$683$258
20 years$1,489$1,204$966$770$610$217
21 years$1,403$1,121$888$699$546$182
22 years$1,325$1,047$819$635$489$153
23 years$1,254$979$756$578$439$128
24 years$1,189$917$699$528$395$108
25 years$1,129$861$648$482$355$91
26 years$1,074$809$601$441$320$77
27 years$1,023$761$558$403$288$64
28 years$976$717$519$369$260$54
29 years$932$677$483$339$235$46
30 years$892$639$449$311$212$39
31 years$853$604$419$286$192$33
32 years$818$572$391$262$174$27
33 years$784$541$365$241$157$23
34 years$753$513$341$222$142$20
35 years$723$487$319$204$129$16
36 years$696$462$298$188$117$14
37 years$669$439$279$173$106$12
38 years$645$417$261$160$96$10
39 years$621$397$245$147$87$8
40 years$599$377$230$136$79$7
41 years$578$359$215$125$72$6
42 years$558$342$202$116$65$5
43 years$539$326$190$107$59$4
44 years$520$311$178$99$54$4
45 years$503$296$167$91$49$3
46 years$487$283$157$84$44$3
47 years$471$270$147$78$40$2
48 years$456$257$138$72$36$2
49 years$441$246$130$66$33$2
50 years$428$235$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 $438,000, adding $5,523 every year, while hoping to spend $20,559 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: 52/26/22 Blend
29$438,000$438,000$438,000$438,000
30$488,373$465,159$458,370$510,528
31$516,312$466,077$451,851$527,323
32$546,413$466,351$444,424$543,008
33$578,872$465,928$436,038$559,639
34$613,910$464,751$426,638$577,312
35$651,765$462,760$416,166$596,136
36$692,701$459,891$404,564$616,230
37$737,008$456,077$391,768$637,729
38$785,004$451,247$377,714$660,781
39$837,040$445,323$362,333$685,549
40$893,500$438,226$345,553$712,217
41$954,809$429,871$327,301$740,987
42$1,021,431$420,166$307,497$772,083
43$1,093,880$409,017$286,061$805,755
44$1,172,718$396,322$262,907$842,279
45$1,258,567$381,973$237,946$881,961
46$1,352,109$365,858$211,085$925,139
47$1,454,095$347,856$182,227$972,190
48$1,565,351$327,840$151,271$1,023,529
49$1,686,789$305,675$118,110$1,079,618
50$1,819,409$281,221$82,634$1,140,967
51$1,964,313$254,326$44,727$1,208,140
52$2,122,717$224,832$4,270$1,281,763
53$2,295,957$192,571$0$1,362,526
54$2,485,504$157,366$0$1,460,329
55$2,692,978$119,030$0$1,568,547
56$2,920,164$77,365$0$1,687,146
57$3,169,027$32,162$0$1,817,195
58$3,441,731$0$0$1,959,874
59$3,740,659$0$0$2,121,290
60$4,068,435$0$0$2,308,418
61$4,427,950$0$0$2,513,711
62$4,822,389$0$0$2,738,995
63$5,255,259$0$0$2,986,277
64$5,730,422$0$0$3,257,771
65$6,252,135$0$0$3,555,914
66$6,825,084$0$0$3,883,393
67$7,454,434$0$0$4,243,164
68$8,145,873$0$0$4,638,488
69$8,905,668$0$0$5,072,954
70$9,740,723$0$0$5,550,518
71$10,658,644$0$0$6,075,537
72$11,667,811$0$0$6,652,813
73$12,777,455$0$0$7,287,634
74$13,997,748$0$0$7,985,829
75$15,339,896$0$0$8,753,817
76$16,816,246$0$0$9,598,673
77$18,440,402$0$0$10,528,191
78$20,227,352$0$0$11,550,960
79$22,193,610$0$0$12,676,441
80$24,357,374$0$0$13,915,060
81$26,738,692$0$0$15,278,306
82$29,359,656$0$0$16,778,836
83$32,244,607$0$0$18,430,598
84$35,420,367$0$0$20,248,959
85$38,916,488$0$0$22,250,854
86$42,765,536$0$0$24,454,942
87$47,003,393$0$0$26,881,784
88$51,669,599$0$0$29,554,036
89$56,807,721$0$0$32,496,662
90$62,465,768$0$0$35,737,172
91$68,696,641$0$0$39,305,877
92$75,558,633$0$0$43,236,182
93$83,115,979$0$0$47,564,892
94$91,439,460$0$0$52,332,568
95$100,607,075$0$0$57,583,902
96$110,704,771$0$0$63,368,144
97$121,827,259$0$0$69,739,566
98$134,078,904$0$0$76,757,971
99$147,574,714$0$0$84,489,259
100$162,441,418$0$0$93,006,052