Can I retire at age 30 with 449,000?

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 $449,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$37,078$36,748$36,426$36,111$35,804$34,981
2 years$18,355$18,014$17,682$17,361$17,049$16,225
3 years$12,115$11,772$11,442$11,123$10,817$10,016
4 years$8,996$8,654$8,327$8,014$7,715$6,945
5 years$7,125$6,785$6,462$6,155$5,865$5,127
6 years$5,878$5,540$5,222$4,922$4,640$3,936
7 years$4,987$4,653$4,340$4,047$3,774$3,103
8 years$4,320$3,988$3,680$3,395$3,131$2,493
9 years$3,801$3,472$3,170$2,892$2,637$2,031
10 years$3,386$3,061$2,764$2,493$2,247$1,673
11 years$3,047$2,725$2,433$2,169$1,932$1,390
12 years$2,765$2,446$2,159$1,903$1,674$1,162
13 years$2,526$2,210$1,929$1,680$1,460$977
14 years$2,321$2,009$1,733$1,491$1,280$826
15 years$2,144$1,835$1,565$1,330$1,127$700
16 years$1,989$1,684$1,419$1,191$996$595
17 years$1,853$1,551$1,291$1,070$883$507
18 years$1,732$1,433$1,179$964$785$433
19 years$1,623$1,328$1,079$871$700$371
20 years$1,526$1,234$990$789$625$318
21 years$1,438$1,149$911$716$559$273
22 years$1,358$1,073$839$651$501$235
23 years$1,285$1,004$775$593$450$202
24 years$1,219$940$717$541$405$174
25 years$1,158$882$664$494$364$150
26 years$1,101$829$616$452$328$129
27 years$1,049$780$572$413$296$111
28 years$1,001$735$532$379$267$96
29 years$956$694$495$347$241$83
30 years$914$655$461$319$218$71
31 years$875$619$430$293$197$62
32 years$838$586$401$269$178$53
33 years$804$555$374$247$161$46
34 years$772$526$350$228$146$40
35 years$742$499$327$210$132$34
36 years$713$474$306$193$120$30
37 years$686$450$286$178$108$26
38 years$661$427$268$164$98$22
39 years$637$406$251$151$89$19
40 years$614$387$235$139$81$17
41 years$592$368$221$129$73$14
42 years$572$351$207$119$67$12
43 years$552$334$194$110$60$11
44 years$533$318$182$101$55$9
45 years$516$304$171$93$50$8
46 years$499$290$161$86$45$7
47 years$483$276$151$80$41$6
48 years$467$264$142$74$37$5
49 years$452$252$133$68$34$4
50 years$438$241$125$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $449,000, adding $2,627 every year, while hoping to spend $28,267 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: 37/49/14 Blend
29$449,000$449,000$449,000$449,000
30$497,508$473,711$466,751$513,700
31$518,178$466,847$452,312$518,689
32$540,009$458,699$436,441$521,169
33$563,089$449,175$419,061$523,234
34$587,515$438,176$400,091$524,863
35$613,394$425,598$379,446$526,031
36$640,839$411,332$357,036$526,717
37$669,978$395,260$332,770$526,900
38$700,947$377,259$306,550$526,557
39$733,898$357,200$278,274$525,668
40$768,996$334,943$247,836$524,216
41$806,422$310,343$215,127$522,182
42$846,373$283,246$180,030$519,551
43$889,067$253,489$142,424$516,310
44$934,741$220,899$102,185$512,451
45$983,656$185,294$59,179$507,966
46$1,036,097$146,482$13,270$502,853
47$1,092,379$104,260$0$497,116
48$1,152,846$58,412$0$496,099
49$1,217,875$8,714$0$496,942
50$1,287,882$0$0$497,709
51$1,363,321$0$0$522,759
52$1,444,694$0$0$554,894
53$1,532,549$0$0$589,640
54$1,627,491$0$0$627,242
55$1,730,184$0$0$667,969
56$1,841,358$0$0$712,117
57$1,961,814$0$0$760,014
58$2,092,434$0$0$812,016
59$2,234,190$0$0$868,519
60$2,388,146$0$0$929,956
61$2,555,477$0$0$996,805
62$2,737,474$0$0$1,069,589
63$2,935,557$0$0$1,148,888
64$3,151,288$0$0$1,235,336
65$3,386,387$0$0$1,329,634
66$3,642,747$0$0$1,432,552
67$3,922,450$0$0$1,544,937
68$4,227,790$0$0$1,667,722
69$4,561,290$0$0$1,801,936
70$4,925,728$0$0$1,948,709
71$5,324,164$0$0$2,109,286
72$5,759,964$0$0$2,285,039
73$6,236,836$0$0$2,477,478
74$6,758,865$0$0$2,688,266
75$7,330,545$0$0$2,919,233
76$7,956,829$0$0$3,172,398
77$8,643,168$0$0$3,449,980
78$9,395,568$0$0$3,754,427
79$10,220,644$0$0$4,088,433
80$11,125,678$0$0$4,454,966
81$12,118,696$0$0$4,857,294
82$13,208,536$0$0$5,299,020
83$14,404,931$0$0$5,784,109
84$15,718,606$0$0$6,316,932
85$17,161,374$0$0$6,902,303
86$18,746,247$0$0$7,545,524
87$20,487,561$0$0$8,252,438
88$22,401,109$0$0$9,029,482
89$24,504,289$0$0$9,883,746
90$26,816,269$0$0$10,823,042
91$29,358,166$0$0$11,855,978
92$32,153,246$0$0$12,992,036
93$35,227,141$0$0$14,241,665
94$38,608,092$0$0$15,616,376
95$42,327,216$0$0$17,128,852
96$46,418,795$0$0$18,793,069
97$50,920,602$0$0$20,624,423
98$55,874,258$0$0$22,639,881
99$61,325,618$0$0$24,858,137
100$67,325,211$0$0$27,299,788