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%15.4%
1 years$36,748$36,420$36,101$35,789$35,485$34,698
2 years$18,192$17,853$17,525$17,206$16,898$16,108
3 years$12,007$11,667$11,340$11,024$10,721$9,954
4 years$8,916$8,577$8,252$7,942$7,646$6,908
5 years$7,061$6,724$6,404$6,101$5,812$5,106
6 years$5,825$5,491$5,176$4,879$4,599$3,924
7 years$4,943$4,611$4,301$4,011$3,740$3,097
8 years$4,281$3,953$3,647$3,365$3,103$2,491
9 years$3,767$3,441$3,142$2,866$2,613$2,032
10 years$3,356$3,033$2,739$2,471$2,227$1,676
11 years$3,020$2,701$2,411$2,150$1,915$1,394
12 years$2,740$2,424$2,140$1,886$1,659$1,167
13 years$2,503$2,190$1,912$1,665$1,447$983
14 years$2,300$1,991$1,718$1,478$1,268$831
15 years$2,125$1,819$1,551$1,318$1,117$706
16 years$1,972$1,669$1,406$1,180$987$601
17 years$1,836$1,537$1,280$1,060$875$513
18 years$1,716$1,420$1,168$956$778$439
19 years$1,609$1,316$1,069$864$694$376
20 years$1,512$1,223$981$782$620$323
21 years$1,425$1,139$903$710$554$278
22 years$1,346$1,063$832$645$497$239
23 years$1,274$995$768$588$446$206
24 years$1,208$932$710$536$401$177
25 years$1,147$875$658$490$361$153
26 years$1,091$822$610$448$325$132
27 years$1,040$774$567$410$293$114
28 years$992$729$527$375$264$99
29 years$947$688$490$344$239$85
30 years$906$649$457$316$216$74
31 years$867$614$426$290$195$64
32 years$831$581$397$267$176$55
33 years$797$550$371$245$160$48
34 years$765$521$347$226$145$41
35 years$735$494$324$208$131$36
36 years$707$469$303$191$119$31
37 years$680$446$284$176$108$27
38 years$655$424$266$162$97$23
39 years$631$403$249$150$88$20
40 years$608$383$233$138$80$17
41 years$587$365$219$127$73$15
42 years$567$347$205$118$66$13
43 years$547$331$193$109$60$11
44 years$529$316$181$100$54$10
45 years$511$301$170$93$49$8
46 years$494$287$159$86$45$7
47 years$478$274$150$79$41$6
48 years$463$262$141$73$37$6
49 years$448$250$132$67$34$5
50 years$434$239$124$62$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $445,000, adding $2,558 every year, while hoping to spend $34,076 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: 54/37/9 Blend
29$445,000$445,000$445,000$445,000
30$493,029$469,444$462,546$518,419
31$507,061$456,190$441,785$522,659
32$521,382$441,144$419,186$523,327
33$535,987$424,184$394,652$523,242
34$550,865$405,177$368,081$522,340
35$566,008$383,985$339,366$520,551
36$581,403$360,462$308,397$517,800
37$597,034$334,453$275,056$514,007
38$612,884$305,793$239,223$509,088
39$628,931$274,311$200,770$502,949
40$645,152$239,822$159,566$495,495
41$661,518$202,133$115,471$486,619
42$677,995$161,040$68,342$476,210
43$694,547$116,327$18,027$464,147
44$711,129$67,766$0$450,303
45$727,694$15,116$0$437,964
46$744,186$0$0$425,627
47$760,541$0$0$428,469
48$776,689$0$0$437,319
49$792,548$0$0$445,973
50$808,030$0$0$454,377
51$823,032$0$0$462,471
52$837,440$0$0$470,185
53$851,127$0$0$477,443
54$863,951$0$0$484,159
55$875,752$0$0$490,238
56$886,353$0$0$495,573
57$895,555$0$0$500,045
58$903,138$0$0$503,522
59$908,856$0$0$505,856
60$912,435$0$0$506,884
61$913,572$0$0$506,423
62$911,929$0$0$504,273
63$907,131$0$0$500,209
64$898,763$0$0$493,981
65$886,363$0$0$485,315
66$869,420$0$0$473,906
67$847,367$0$0$459,413
68$819,577$0$0$441,463
69$785,354$0$0$419,641
70$743,929$0$0$393,487
71$694,451$0$0$362,493
72$635,977$0$0$326,098
73$567,465$0$0$283,679
74$487,764$0$0$234,549
75$395,599$0$0$177,948
76$289,563$0$0$113,038
77$168,101$0$0$38,891
78$29,492$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