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%12.9%
1 years$36,170$35,847$35,533$35,226$34,927$34,505
2 years$17,906$17,572$17,249$16,936$16,632$16,207
3 years$11,819$11,484$11,161$10,851$10,552$10,138
4 years$8,776$8,442$8,123$7,817$7,526$7,125
5 years$6,950$6,618$6,303$6,005$5,721$5,335
6 years$5,734$5,404$5,094$4,802$4,527$4,156
7 years$4,865$4,539$4,233$3,948$3,681$3,327
8 years$4,214$3,890$3,590$3,312$3,054$2,715
9 years$3,708$3,387$3,092$2,821$2,572$2,248
10 years$3,303$2,986$2,696$2,432$2,191$1,882
11 years$2,972$2,658$2,373$2,116$1,885$1,590
12 years$2,697$2,386$2,106$1,856$1,633$1,353
13 years$2,464$2,156$1,882$1,639$1,424$1,159
14 years$2,264$1,960$1,691$1,455$1,248$997
15 years$2,092$1,790$1,527$1,297$1,099$861
16 years$1,941$1,643$1,384$1,162$972$746
17 years$1,807$1,513$1,259$1,044$861$648
18 years$1,689$1,398$1,150$941$766$565
19 years$1,584$1,295$1,053$850$683$493
20 years$1,489$1,204$966$770$610$431
21 years$1,403$1,121$888$699$546$378
22 years$1,325$1,047$819$635$489$331
23 years$1,254$979$756$578$439$291
24 years$1,189$917$699$528$395$256
25 years$1,129$861$648$482$355$225
26 years$1,074$809$601$441$320$198
27 years$1,023$761$558$403$288$175
28 years$976$717$519$369$260$154
29 years$932$677$483$339$235$136
30 years$892$639$449$311$212$120
31 years$853$604$419$286$192$106
32 years$818$572$391$262$174$94
33 years$784$541$365$241$157$83
34 years$753$513$341$222$142$73
35 years$723$487$319$204$129$65
36 years$696$462$298$188$117$57
37 years$669$439$279$173$106$51
38 years$645$417$261$160$96$45
39 years$621$397$245$147$87$40
40 years$599$377$230$136$79$35
41 years$578$359$215$125$72$31
42 years$558$342$202$116$65$27
43 years$539$326$190$107$59$24
44 years$520$311$178$99$54$21
45 years$503$296$167$91$49$19
46 years$487$283$157$84$44$17
47 years$471$270$147$78$40$15
48 years$456$257$138$72$36$13
49 years$441$246$130$66$33$12
50 years$428$235$122$61$30$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $438,000, adding $2,226 every year, while hoping to spend $20,465 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: 77/17/6 Blend
29$438,000$438,000$438,000$438,000
30$484,972$461,758$454,969$521,872
31$512,665$462,610$448,436$547,257
32$542,496$462,817$440,998$572,206
33$574,663$462,327$432,604$598,956
34$609,380$461,083$423,198$627,675
35$646,887$459,026$412,724$658,551
36$687,442$456,091$401,124$691,790
37$731,333$452,211$388,333$727,620
38$778,875$447,316$374,288$766,290
39$830,414$441,328$358,920$808,078
40$886,330$434,167$342,159$853,287
41$947,044$425,749$323,929$902,254
42$1,013,015$415,983$304,153$955,348
43$1,084,750$404,774$282,750$1,012,978
44$1,162,807$392,021$259,635$1,075,594
45$1,247,799$377,616$234,718$1,143,690
46$1,340,402$361,446$207,909$1,217,816
47$1,441,358$343,392$179,109$1,298,572
48$1,551,485$323,327$148,217$1,386,626
49$1,671,683$301,116$115,129$1,482,709
50$1,802,942$276,618$79,733$1,587,631
51$1,946,353$249,684$41,916$1,702,283
52$2,103,117$220,154$1,556$1,827,648
53$2,274,555$187,862$0$1,964,810
54$2,462,123$152,631$0$2,117,623
55$2,667,423$114,273$0$2,285,025
56$2,892,220$72,592$0$2,468,380
57$3,138,457$27,379$0$2,669,299
58$3,408,273$0$0$2,889,559
59$3,704,027$0$0$3,135,155
60$4,028,312$0$0$3,410,077
61$4,383,989$0$0$3,711,628
62$4,774,205$0$0$4,042,479
63$5,202,430$0$0$4,405,573
64$5,672,483$0$0$4,804,151
65$6,188,573$0$0$5,241,785
66$6,755,335$0$0$5,722,407
67$7,377,876$0$0$6,250,350
68$8,061,821$0$0$6,830,388
69$8,813,368$0$0$7,467,778
70$9,639,344$0$0$8,168,314
71$10,547,270$0$0$8,938,378
72$11,545,433$0$0$9,785,000
73$12,642,963$0$0$10,715,927
74$13,849,917$0$0$11,739,694
75$15,177,378$0$0$12,865,703
76$16,637,555$0$0$14,104,315
77$18,243,901$0$0$15,466,944
78$20,011,237$0$0$16,966,167
79$21,955,895$0$0$18,615,841
80$24,095,869$0$0$20,431,234
81$26,450,985$0$0$22,429,170
82$29,043,090$0$0$24,628,184
83$31,896,253$0$0$27,048,702
84$35,036,997$0$0$29,713,228
85$38,494,549$0$0$32,646,562
86$42,301,110$0$0$35,876,026
87$46,492,164$0$0$39,431,731
88$51,106,810$0$0$43,346,853
89$56,188,132$0$0$47,657,949
90$61,783,604$0$0$52,405,303
91$67,945,539$0$0$57,633,305
92$74,731,582$0$0$63,390,866
93$82,205,253$0$0$69,731,885
94$90,436,546$0$0$76,715,756
95$99,502,591$0$0$84,407,925
96$109,488,381$0$0$92,880,511
97$120,487,572$0$0$102,212,984
98$132,603,368$0$0$112,492,918
99$145,949,497$0$0$123,816,812
100$160,651,279$0$0$136,291,006