Can I retire at age 30 with 451,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%15.5%
1 years$37,243$36,911$36,588$36,272$35,963$35,151
2 years$18,437$18,094$17,761$17,438$17,125$16,311
3 years$12,169$11,825$11,493$11,173$10,865$10,075
4 years$9,036$8,692$8,364$8,049$7,749$6,989
5 years$7,157$6,815$6,491$6,183$5,891$5,162
6 years$5,904$5,565$5,245$4,944$4,661$3,965
7 years$5,010$4,673$4,359$4,065$3,791$3,128
8 years$4,339$4,006$3,697$3,410$3,145$2,514
9 years$3,818$3,488$3,184$2,905$2,648$2,050
10 years$3,401$3,074$2,776$2,504$2,257$1,689
11 years$3,061$2,737$2,444$2,179$1,941$1,404
12 years$2,777$2,457$2,169$1,911$1,682$1,175
13 years$2,537$2,220$1,938$1,687$1,467$989
14 years$2,331$2,018$1,741$1,498$1,286$836
15 years$2,154$1,843$1,572$1,336$1,132$709
16 years$1,998$1,691$1,425$1,196$1,000$603
17 years$1,861$1,558$1,297$1,075$887$515
18 years$1,739$1,439$1,184$969$789$440
19 years$1,631$1,334$1,084$875$703$377
20 years$1,533$1,240$995$793$628$323
21 years$1,444$1,155$915$719$562$278
22 years$1,364$1,078$843$654$504$239
23 years$1,291$1,008$779$596$452$206
24 years$1,224$944$720$543$406$177
25 years$1,163$886$667$496$366$153
26 years$1,106$833$618$454$329$132
27 years$1,054$784$574$415$297$114
28 years$1,005$739$534$380$268$98
29 years$960$697$497$349$242$85
30 years$918$658$463$320$219$73
31 years$879$622$431$294$198$63
32 years$842$589$403$270$179$55
33 years$808$557$376$249$162$47
34 years$775$528$351$229$147$41
35 years$745$501$328$210$133$35
36 years$716$476$307$194$120$31
37 years$689$452$287$179$109$26
38 years$664$429$269$165$99$23
39 years$640$408$252$152$90$20
40 years$617$388$236$140$81$17
41 years$595$370$222$129$74$15
42 years$574$352$208$119$67$13
43 years$555$336$195$110$61$11
44 years$536$320$183$102$55$10
45 years$518$305$172$94$50$8
46 years$501$291$162$87$45$7
47 years$485$278$152$80$41$6
48 years$469$265$143$74$37$5
49 years$455$253$134$68$34$5
50 years$440$242$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $451,000, adding $4,049 every year, while hoping to spend $34,010 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: 74/9/17 Blend
29$451,000$451,000$451,000$451,000
30$501,179$477,276$470,285$536,030
31$516,112$464,476$449,853$546,864
32$531,430$449,909$427,597$554,167
33$547,133$433,452$403,420$561,273
34$563,226$414,977$377,219$568,152
35$579,709$394,345$348,890$574,776
36$596,583$371,411$318,322$581,111
37$613,848$346,023$285,398$587,122
38$631,500$318,018$249,999$592,771
39$649,536$287,224$211,997$598,016
40$667,951$253,460$171,261$602,814
41$686,738$216,536$127,654$607,116
42$705,887$176,247$81,032$610,869
43$725,385$132,381$31,245$614,018
44$745,218$84,712$0$616,502
45$765,369$33,001$0$622,225
46$785,815$0$0$633,453
47$806,532$0$0$646,743
48$827,490$0$0$663,488
49$848,654$0$0$680,391
50$869,984$0$0$697,418
51$891,436$0$0$714,532
52$912,956$0$0$731,690
53$934,485$0$0$748,843
54$955,955$0$0$765,935
55$977,288$0$0$782,903
56$998,398$0$0$799,675
57$1,019,186$0$0$816,171
58$1,039,541$0$0$832,299
59$1,059,339$0$0$847,958
60$1,078,441$0$0$863,033
61$1,096,688$0$0$877,397
62$1,113,907$0$0$890,905
63$1,129,900$0$0$903,397
64$1,144,450$0$0$914,695
65$1,157,312$0$0$924,598
66$1,168,214$0$0$932,885
67$1,176,852$0$0$939,307
68$1,182,891$0$0$943,588
69$1,185,954$0$0$945,424
70$1,185,626$0$0$944,473
71$1,181,443$0$0$940,357
72$1,172,893$0$0$932,657
73$1,159,405$0$0$920,908
74$1,140,348$0$0$904,594
75$1,115,022$0$0$883,142
76$1,082,651$0$0$855,921
77$1,042,375$0$0$822,228
78$993,245$0$0$781,287
79$934,206$0$0$732,238
80$864,094$0$0$674,132
81$781,621$0$0$605,915
82$685,361$0$0$526,425
83$573,739$0$0$434,377
84$445,014$0$0$328,349
85$297,260$0$0$206,770
86$128,351$0$0$67,906
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