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%13.1%
1 years$36,748$36,420$36,101$35,789$35,485$35,027
2 years$18,192$17,853$17,525$17,206$16,898$16,437
3 years$12,007$11,667$11,340$11,024$10,721$10,271
4 years$8,916$8,577$8,252$7,942$7,646$7,212
5 years$7,061$6,724$6,404$6,101$5,812$5,394
6 years$5,825$5,491$5,176$4,879$4,599$4,198
7 years$4,943$4,611$4,301$4,011$3,740$3,356
8 years$4,281$3,953$3,647$3,365$3,103$2,736
9 years$3,767$3,441$3,142$2,866$2,613$2,263
10 years$3,356$3,033$2,739$2,471$2,227$1,892
11 years$3,020$2,701$2,411$2,150$1,915$1,597
12 years$2,740$2,424$2,140$1,886$1,659$1,357
13 years$2,503$2,190$1,912$1,665$1,447$1,160
14 years$2,300$1,991$1,718$1,478$1,268$997
15 years$2,125$1,819$1,551$1,318$1,117$860
16 years$1,972$1,669$1,406$1,180$987$744
17 years$1,836$1,537$1,280$1,060$875$646
18 years$1,716$1,420$1,168$956$778$562
19 years$1,609$1,316$1,069$864$694$490
20 years$1,512$1,223$981$782$620$428
21 years$1,425$1,139$903$710$554$374
22 years$1,346$1,063$832$645$497$328
23 years$1,274$995$768$588$446$287
24 years$1,208$932$710$536$401$252
25 years$1,147$875$658$490$361$222
26 years$1,091$822$610$448$325$195
27 years$1,040$774$567$410$293$171
28 years$992$729$527$375$264$151
29 years$947$688$490$344$239$133
30 years$906$649$457$316$216$117
31 years$867$614$426$290$195$103
32 years$831$581$397$267$176$91
33 years$797$550$371$245$160$80
34 years$765$521$347$226$145$71
35 years$735$494$324$208$131$63
36 years$707$469$303$191$119$55
37 years$680$446$284$176$108$49
38 years$655$424$266$162$97$43
39 years$631$403$249$150$88$38
40 years$608$383$233$138$80$34
41 years$587$365$219$127$73$30
42 years$567$347$205$118$66$26
43 years$547$331$193$109$60$23
44 years$529$316$181$100$54$20
45 years$511$301$170$93$49$18
46 years$494$287$159$86$45$16
47 years$478$274$150$79$41$14
48 years$463$262$141$73$37$12
49 years$448$250$132$67$34$11
50 years$434$239$124$62$30$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $445,000, adding $4,257 every year, while hoping to spend $34,868 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: 35/35/30 Blend
29$445,000$445,000$445,000$445,000
30$494,781$471,196$464,299$507,516
31$508,149$457,185$442,753$503,458
32$521,713$441,320$419,318$495,672
33$535,454$423,471$393,891$486,611
34$549,354$403,504$366,370$476,186
35$563,388$381,277$336,644$464,303
36$577,532$356,637$304,599$450,859
37$591,753$329,425$270,116$435,748
38$606,017$299,472$233,071$418,855
39$620,284$266,600$193,332$400,059
40$634,509$230,619$150,764$379,231
41$648,640$191,330$105,226$356,235
42$662,618$148,522$56,568$330,923
43$676,379$101,974$4,637$303,142
44$689,848$51,448$0$272,727
45$702,941$0$0$255,758
46$715,566$0$0$239,704
47$727,618$0$0$243,209
48$738,979$0$0$246,412
49$749,520$0$0$249,262
50$759,093$0$0$251,699
51$767,537$0$0$253,662
52$774,668$0$0$255,078
53$780,286$0$0$255,867
54$784,164$0$0$255,943
55$786,053$0$0$255,206
56$785,675$0$0$253,549
57$782,720$0$0$250,851
58$776,847$0$0$246,978
59$767,675$0$0$241,782
60$754,782$0$0$235,098
61$737,702$0$0$226,746
62$715,916$0$0$216,523
63$688,852$0$0$204,206
64$655,874$0$0$189,550
65$616,281$0$0$172,281
66$569,294$0$0$152,098
67$514,055$0$0$128,666
68$449,612$0$0$101,618
69$374,915$0$0$70,546
70$288,800$0$0$34,999
71$189,985$0$0$0
72$77,050$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$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