Can I retire at age 30 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$36,748$36,420$36,101$35,789$35,485$34,557
2 years$18,192$17,853$17,525$17,206$16,898$15,969
3 years$12,007$11,667$11,340$11,024$10,721$9,820
4 years$8,916$8,577$8,252$7,942$7,646$6,781
5 years$7,061$6,724$6,404$6,101$5,812$4,985
6 years$5,825$5,491$5,176$4,879$4,599$3,811
7 years$4,943$4,611$4,301$4,011$3,740$2,990
8 years$4,281$3,953$3,647$3,365$3,103$2,391
9 years$3,767$3,441$3,142$2,866$2,613$1,939
10 years$3,356$3,033$2,739$2,471$2,227$1,589
11 years$3,020$2,701$2,411$2,150$1,915$1,313
12 years$2,740$2,424$2,140$1,886$1,659$1,093
13 years$2,503$2,190$1,912$1,665$1,447$914
14 years$2,300$1,991$1,718$1,478$1,268$768
15 years$2,125$1,819$1,551$1,318$1,117$647
16 years$1,972$1,669$1,406$1,180$987$547
17 years$1,836$1,537$1,280$1,060$875$464
18 years$1,716$1,420$1,168$956$778$394
19 years$1,609$1,316$1,069$864$694$335
20 years$1,512$1,223$981$782$620$286
21 years$1,425$1,139$903$710$554$244
22 years$1,346$1,063$832$645$497$208
23 years$1,274$995$768$588$446$178
24 years$1,208$932$710$536$401$152
25 years$1,147$875$658$490$361$130
26 years$1,091$822$610$448$325$111
27 years$1,040$774$567$410$293$95
28 years$992$729$527$375$264$82
29 years$947$688$490$344$239$70
30 years$906$649$457$316$216$60
31 years$867$614$426$290$195$52
32 years$831$581$397$267$176$44
33 years$797$550$371$245$160$38
34 years$765$521$347$226$145$33
35 years$735$494$324$208$131$28
36 years$707$469$303$191$119$24
37 years$680$446$284$176$108$21
38 years$655$424$266$162$97$18
39 years$631$403$249$150$88$15
40 years$608$383$233$138$80$13
41 years$587$365$219$127$73$11
42 years$567$347$205$118$66$10
43 years$547$331$193$109$60$8
44 years$529$316$181$100$54$7
45 years$511$301$170$93$49$6
46 years$494$287$159$86$45$5
47 years$478$274$150$79$41$5
48 years$463$262$141$73$37$4
49 years$448$250$132$67$34$3
50 years$434$239$124$62$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $445,000, adding $3,175 every year, while hoping to spend $27,673 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: 66/16/18 Blend
29$445,000$445,000$445,000$445,000
30$493,665$470,080$463,183$523,851
31$514,575$463,670$449,255$538,049
32$536,690$456,019$433,934$550,074
33$560,105$447,035$417,143$562,550
34$584,920$436,625$398,802$575,520
35$611,250$424,687$378,829$589,033
36$639,214$411,114$357,137$603,144
37$668,948$395,793$333,636$617,915
38$700,598$378,604$308,229$633,414
39$734,324$359,420$280,820$649,718
40$770,301$338,107$251,303$666,913
41$808,721$314,525$219,572$685,096
42$849,796$288,521$185,512$704,372
43$893,756$259,940$149,008$724,863
44$940,854$228,611$109,934$746,700
45$991,367$194,360$68,164$770,034
46$1,045,602$156,999$23,562$795,028
47$1,103,892$116,330$0$821,867
48$1,166,603$72,145$0$855,373
49$1,234,140$24,224$0$896,286
50$1,306,945$0$0$940,359
51$1,385,504$0$0$992,776
52$1,470,352$0$0$1,054,017
53$1,562,075$0$0$1,120,244
54$1,661,318$0$0$1,191,925
55$1,768,792$0$0$1,269,577
56$1,885,276$0$0$1,353,766
57$2,011,627$0$0$1,445,114
58$2,148,789$0$0$1,544,308
59$2,297,798$0$0$1,652,101
60$2,459,796$0$0$1,769,323
61$2,636,038$0$0$1,896,886
62$2,827,905$0$0$2,035,793
63$3,036,917$0$0$2,187,150
64$3,264,746$0$0$2,352,172
65$3,513,232$0$0$2,532,197
66$3,784,401$0$0$2,728,698
67$4,080,484$0$0$2,943,296
68$4,403,934$0$0$3,177,776
69$4,757,454$0$0$3,434,101
70$5,144,020$0$0$3,714,436
71$5,566,906$0$0$4,021,162
72$6,029,720$0$0$4,356,901
73$6,536,433$0$0$4,724,542
74$7,091,418$0$0$5,127,264
75$7,699,493$0$0$5,568,569
76$8,365,961$0$0$6,052,314
77$9,096,664$0$0$6,582,748
78$9,898,036$0$0$7,164,549
79$10,777,163$0$0$7,802,869
80$11,741,852$0$0$8,503,386
81$12,800,699$0$0$9,272,351
82$13,963,176$0$0$10,116,651
83$15,239,715$0$0$11,043,874
84$16,641,809$0$0$12,062,376
85$18,182,116$0$0$13,181,363
86$19,874,585$0$0$14,410,980
87$21,734,579$0$0$15,762,398
88$23,779,025$0$0$17,247,929
89$26,026,572$0$0$18,881,133
90$28,497,764$0$0$20,676,952
91$31,215,237$0$0$22,651,848
92$34,203,929$0$0$24,823,957
93$37,491,317$0$0$27,213,263
94$41,107,674$0$0$29,841,782
95$45,086,355$0$0$32,733,772
96$49,464,111$0$0$35,915,960
97$54,281,435$0$0$39,417,798
98$59,582,943$0$0$43,271,732
99$65,417,797$0$0$47,513,518
100$71,840,163$0$0$52,182,550