Can I retire at age 30 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$37,243$36,911$36,588$36,272$35,963$35,752
2 years$18,437$18,094$17,761$17,438$17,125$16,912
3 years$12,169$11,825$11,493$11,173$10,865$10,656
4 years$9,036$8,692$8,364$8,049$7,749$7,547
5 years$7,157$6,815$6,491$6,183$5,891$5,695
6 years$5,904$5,565$5,245$4,944$4,661$4,473
7 years$5,010$4,673$4,359$4,065$3,791$3,610
8 years$4,339$4,006$3,697$3,410$3,145$2,971
9 years$3,818$3,488$3,184$2,905$2,648$2,482
10 years$3,401$3,074$2,776$2,504$2,257$2,097
11 years$3,061$2,737$2,444$2,179$1,941$1,788
12 years$2,777$2,457$2,169$1,911$1,682$1,536
13 years$2,537$2,220$1,938$1,687$1,467$1,328
14 years$2,331$2,018$1,741$1,498$1,286$1,154
15 years$2,154$1,843$1,572$1,336$1,132$1,006
16 years$1,998$1,691$1,425$1,196$1,000$881
17 years$1,861$1,558$1,297$1,075$887$774
18 years$1,739$1,439$1,184$969$789$681
19 years$1,631$1,334$1,084$875$703$601
20 years$1,533$1,240$995$793$628$532
21 years$1,444$1,155$915$719$562$471
22 years$1,364$1,078$843$654$504$418
23 years$1,291$1,008$779$596$452$371
24 years$1,224$944$720$543$406$330
25 years$1,163$886$667$496$366$294
26 years$1,106$833$618$454$329$262
27 years$1,054$784$574$415$297$234
28 years$1,005$739$534$380$268$208
29 years$960$697$497$349$242$186
30 years$918$658$463$320$219$166
31 years$879$622$431$294$198$149
32 years$842$589$403$270$179$133
33 years$808$557$376$249$162$119
34 years$775$528$351$229$147$106
35 years$745$501$328$210$133$95
36 years$716$476$307$194$120$85
37 years$689$452$287$179$109$76
38 years$664$429$269$165$99$69
39 years$640$408$252$152$90$61
40 years$617$388$236$140$81$55
41 years$595$370$222$129$74$49
42 years$574$352$208$119$67$44
43 years$555$336$195$110$61$40
44 years$536$320$183$102$55$36
45 years$518$305$172$94$50$32
46 years$501$291$162$87$45$29
47 years$485$278$152$80$41$26
48 years$469$265$143$74$37$23
49 years$455$253$134$68$34$21
50 years$440$242$126$63$31$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $451,000, adding $3,027 every year, while hoping to spend $37,194 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: 27/49/24 Blend
29$451,000$451,000$451,000$451,000
30$500,124$476,221$469,231$509,791
31$511,563$459,982$445,376$501,475
32$522,922$441,700$419,475$489,108
33$534,153$421,237$391,421$475,049
34$545,204$398,445$361,101$459,180
35$556,013$373,168$328,397$441,373
36$566,515$345,241$293,186$421,493
37$576,631$314,489$255,339$399,396
38$586,278$280,730$214,724$374,929
39$595,360$243,767$171,199$347,929
40$603,771$203,396$124,618$318,221
41$611,391$159,398$74,829$285,622
42$618,089$111,545$21,672$249,934
43$623,717$59,594$0$210,948
44$628,111$3,288$0$177,417
45$631,086$0$0$146,632
46$632,441$0$0$143,910
47$631,949$0$0$142,370
48$629,360$0$0$140,161
49$624,394$0$0$137,200
50$616,743$0$0$133,393
51$606,065$0$0$128,637
52$591,980$0$0$122,818
53$574,067$0$0$115,809
54$551,860$0$0$107,469
55$524,844$0$0$97,644
56$492,449$0$0$86,161
57$454,043$0$0$72,832
58$408,927$0$0$57,447
59$356,329$0$0$39,774
60$295,395$0$0$19,557
61$225,182$0$0$0
62$144,647$0$0$0
63$52,636$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$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