Can I retire at age 30 with 448,000?

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 $448,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$36,995$36,666$36,344$36,031$35,724$35,559
2 years$18,315$17,973$17,643$17,322$17,011$16,844
3 years$12,088$11,746$11,416$11,099$10,793$10,629
4 years$8,976$8,634$8,308$7,996$7,698$7,539
5 years$7,109$6,770$6,447$6,142$5,852$5,698
6 years$5,865$5,528$5,210$4,912$4,630$4,482
7 years$4,976$4,642$4,330$4,038$3,766$3,623
8 years$4,310$3,979$3,672$3,387$3,124$2,987
9 years$3,793$3,465$3,163$2,885$2,631$2,500
10 years$3,379$3,054$2,757$2,487$2,242$2,116
11 years$3,040$2,719$2,428$2,165$1,928$1,808
12 years$2,758$2,440$2,154$1,899$1,671$1,556
13 years$2,520$2,205$1,925$1,676$1,457$1,348
14 years$2,316$2,004$1,729$1,488$1,277$1,173
15 years$2,139$1,831$1,561$1,327$1,124$1,025
16 years$1,985$1,680$1,416$1,188$994$900
17 years$1,849$1,547$1,288$1,068$881$792
18 years$1,728$1,430$1,176$962$783$699
19 years$1,620$1,325$1,077$869$698$618
20 years$1,523$1,231$988$787$624$548
21 years$1,435$1,147$909$715$558$486
22 years$1,355$1,071$838$650$500$432
23 years$1,283$1,001$773$592$449$385
24 years$1,216$938$715$540$404$343
25 years$1,155$880$662$493$363$306
26 years$1,099$827$614$451$327$273
27 years$1,047$779$571$412$295$244
28 years$998$734$530$378$266$219
29 years$954$692$494$347$240$196
30 years$912$654$460$318$217$175
31 years$873$618$429$292$196$157
32 years$836$585$400$268$178$141
33 years$802$554$373$247$161$126
34 years$770$525$349$227$146$113
35 years$740$498$326$209$132$102
36 years$712$473$305$193$119$91
37 years$685$449$286$177$108$82
38 years$659$426$267$164$98$74
39 years$635$406$251$151$89$66
40 years$612$386$235$139$81$59
41 years$591$367$220$128$73$53
42 years$570$350$207$118$66$48
43 years$551$333$194$109$60$43
44 years$532$318$182$101$55$39
45 years$515$303$171$93$50$35
46 years$498$289$160$86$45$31
47 years$482$276$151$80$41$28
48 years$466$263$142$74$37$25
49 years$451$251$133$68$34$23
50 years$437$240$125$63$31$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $448,000, adding $5,664 every year, while hoping to spend $20,196 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: 67/11/22 Blend
29$448,000$448,000$448,000$448,000
30$499,538$475,794$468,850$529,860
31$529,003$477,620$463,069$552,727
32$560,796$478,858$456,416$574,886
33$595,134$479,459$448,843$598,643
34$632,254$479,368$440,295$624,155
35$672,417$478,531$430,718$651,595
36$715,911$476,886$420,055$681,156
37$763,050$474,370$408,243$713,049
38$814,183$470,916$395,221$747,509
39$869,690$466,451$380,921$784,794
40$929,991$460,900$365,275$825,189
41$995,548$454,182$348,210$869,010
42$1,066,869$446,212$329,650$916,604
43$1,144,513$436,900$309,516$968,357
44$1,229,094$426,149$287,726$1,024,691
45$1,321,290$413,858$264,192$1,086,076
46$1,421,844$399,920$238,826$1,153,028
47$1,531,577$384,221$211,531$1,226,118
48$1,651,392$366,641$182,211$1,305,977
49$1,782,280$347,053$150,762$1,393,299
50$1,925,336$325,322$117,076$1,488,853
51$2,081,764$301,306$81,041$1,593,484
52$2,252,889$274,855$42,541$1,708,128
53$2,440,170$245,810$1,452$1,833,817
54$2,645,214$214,002$0$1,971,688
55$2,869,792$179,254$0$2,132,950
56$3,115,852$141,378$0$2,310,047
57$3,385,540$100,177$0$2,504,199
58$3,681,221$55,441$0$2,717,128
59$4,005,497$6,949$0$2,950,730
60$4,361,236$0$0$3,207,095
61$4,751,596$0$0$3,494,037
62$5,180,057$0$0$3,809,938
63$5,650,451$0$0$4,156,785
64$6,166,999$0$0$4,537,695
65$6,734,351$0$0$4,956,101
66$7,357,629$0$0$5,415,784
67$8,042,479$0$0$5,920,911
68$8,795,115$0$0$6,476,072
69$9,622,388$0$0$7,086,323
70$10,531,843$0$0$7,757,234
71$11,531,794$0$0$8,494,944
72$12,631,399$0$0$9,306,214
73$13,840,750$0$0$10,198,495
74$15,170,965$0$0$11,179,994
75$16,634,293$0$0$12,259,755
76$18,244,230$0$0$13,447,743
77$20,015,649$0$0$14,754,938
78$21,964,933$0$0$16,193,435
79$24,110,137$0$0$17,776,563
80$26,471,152$0$0$19,519,010
81$29,069,896$0$0$21,436,957
82$31,930,521$0$0$23,548,236
83$35,079,638$0$0$25,872,494
84$38,546,569$0$0$28,431,379
85$42,363,625$0$0$31,248,748
86$46,566,407$0$0$34,350,885
87$51,194,146$0$0$37,766,755
88$56,290,071$0$0$41,528,274
89$61,901,815$0$0$45,670,612
90$68,081,867$0$0$50,232,521
91$74,888,065$0$0$55,256,705
92$82,384,144$0$0$60,790,221
93$90,640,334$0$0$66,884,922
94$99,734,025$0$0$73,597,946
95$109,750,496$0$0$80,992,258
96$120,783,721$0$0$89,137,240
97$132,937,253$0$0$98,109,349
98$146,325,203$0$0$107,992,837
99$161,073,318$0$0$118,880,545
100$177,320,162$0$0$130,874,781