Can I retire at age 30 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$36,335$36,011$35,695$35,387$35,086$34,576
2 years$17,988$17,653$17,328$17,013$16,708$16,195
3 years$11,873$11,536$11,212$10,900$10,600$10,100
4 years$8,816$8,480$8,160$7,853$7,560$7,078
5 years$6,982$6,649$6,332$6,032$5,747$5,283
6 years$5,760$5,429$5,117$4,824$4,547$4,102
7 years$4,887$4,559$4,253$3,966$3,698$3,272
8 years$4,233$3,908$3,607$3,327$3,068$2,661
9 years$3,725$3,403$3,106$2,834$2,584$2,196
10 years$3,318$2,999$2,708$2,443$2,201$1,832
11 years$2,986$2,670$2,384$2,126$1,893$1,542
12 years$2,709$2,397$2,116$1,865$1,641$1,307
13 years$2,475$2,166$1,890$1,646$1,431$1,115
14 years$2,275$1,969$1,699$1,461$1,254$955
15 years$2,101$1,798$1,534$1,303$1,104$821
16 years$1,949$1,650$1,390$1,167$976$709
17 years$1,816$1,520$1,265$1,049$865$613
18 years$1,697$1,404$1,155$945$769$532
19 years$1,591$1,301$1,057$854$686$463
20 years$1,495$1,209$970$773$613$403
21 years$1,409$1,126$893$702$548$351
22 years$1,331$1,051$823$638$491$307
23 years$1,260$983$760$581$441$268
24 years$1,194$921$702$530$396$235
25 years$1,134$865$651$484$357$206
26 years$1,079$813$603$443$321$180
27 years$1,028$765$560$405$290$158
28 years$981$721$521$371$261$139
29 years$937$680$485$340$236$122
30 years$896$642$452$312$213$107
31 years$857$607$421$287$193$94
32 years$822$574$393$264$174$83
33 years$788$544$367$242$158$73
34 years$756$515$343$223$143$64
35 years$727$489$320$205$129$56
36 years$699$464$300$189$117$49
37 years$672$441$280$174$106$43
38 years$648$419$263$161$96$38
39 years$624$398$246$148$87$34
40 years$602$379$231$137$79$30
41 years$580$361$216$126$72$26
42 years$560$344$203$116$65$23
43 years$541$327$190$107$59$20
44 years$523$312$179$99$54$18
45 years$505$298$168$92$49$16
46 years$489$284$158$85$44$14
47 years$473$271$148$78$40$12
48 years$458$259$139$72$37$11
49 years$443$247$131$67$33$9
50 years$430$236$123$62$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $440,000, adding $4,179 every year, while hoping to spend $33,888 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: 49/26/25 Blend
29$440,000$440,000$440,000$440,000
30$489,191$465,871$459,051$509,515
31$503,032$452,642$438,372$510,908
32$517,148$437,629$415,865$508,702
33$531,534$420,709$391,433$505,626
34$546,178$401,751$364,974$501,612
35$561,069$380,618$336,381$496,590
36$576,193$357,164$305,545$490,484
37$591,534$331,234$272,350$483,213
38$607,071$302,665$236,675$474,691
39$622,782$271,285$198,393$464,826
40$638,640$236,912$157,373$453,519
41$654,614$199,354$113,478$440,666
42$670,669$158,406$66,564$426,155
43$686,763$113,854$16,480$409,868
44$702,852$65,472$0$391,677
45$718,881$13,018$0$381,308
46$734,792$0$0$374,086
47$750,518$0$0$378,021
48$765,982$0$0$385,513
49$781,099$0$0$392,791
50$795,773$0$0$399,801
51$809,897$0$0$406,486
52$823,349$0$0$412,778
53$835,995$0$0$418,604
54$847,683$0$0$423,882
55$858,246$0$0$428,520
56$867,496$0$0$432,415
57$875,222$0$0$435,452
58$881,193$0$0$437,506
59$885,149$0$0$438,435
60$886,802$0$0$438,083
61$885,832$0$0$436,275
62$881,883$0$0$432,817
63$874,560$0$0$427,497
64$863,426$0$0$420,075
65$847,996$0$0$410,289
66$827,732$0$0$397,847
67$802,038$0$0$382,426
68$770,254$0$0$363,668
69$731,651$0$0$341,176
70$685,419$0$0$314,514
71$630,664$0$0$283,196
72$566,397$0$0$246,687
73$491,524$0$0$204,393
74$404,835$0$0$155,661
75$304,995$0$0$99,767
76$190,525$0$0$35,910
77$59,794$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0