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%12.3%
1 years$37,243$36,911$36,588$36,272$35,963$35,617
2 years$18,437$18,094$17,761$17,438$17,125$16,777
3 years$12,169$11,825$11,493$11,173$10,865$10,525
4 years$9,036$8,692$8,364$8,049$7,749$7,420
5 years$7,157$6,815$6,491$6,183$5,891$5,573
6 years$5,904$5,565$5,245$4,944$4,661$4,356
7 years$5,010$4,673$4,359$4,065$3,791$3,498
8 years$4,339$4,006$3,697$3,410$3,145$2,864
9 years$3,818$3,488$3,184$2,905$2,648$2,380
10 years$3,401$3,074$2,776$2,504$2,257$2,000
11 years$3,061$2,737$2,444$2,179$1,941$1,696
12 years$2,777$2,457$2,169$1,911$1,682$1,449
13 years$2,537$2,220$1,938$1,687$1,467$1,245
14 years$2,331$2,018$1,741$1,498$1,286$1,075
15 years$2,154$1,843$1,572$1,336$1,132$933
16 years$1,998$1,691$1,425$1,196$1,000$812
17 years$1,861$1,558$1,297$1,075$887$708
18 years$1,739$1,439$1,184$969$789$620
19 years$1,631$1,334$1,084$875$703$543
20 years$1,533$1,240$995$793$628$477
21 years$1,444$1,155$915$719$562$420
22 years$1,364$1,078$843$654$504$370
23 years$1,291$1,008$779$596$452$327
24 years$1,224$944$720$543$406$289
25 years$1,163$886$667$496$366$255
26 years$1,106$833$618$454$329$226
27 years$1,054$784$574$415$297$200
28 years$1,005$739$534$380$268$177
29 years$960$697$497$349$242$157
30 years$918$658$463$320$219$139
31 years$879$622$431$294$198$124
32 years$842$589$403$270$179$110
33 years$808$557$376$249$162$97
34 years$775$528$351$229$147$87
35 years$745$501$328$210$133$77
36 years$716$476$307$194$120$68
37 years$689$452$287$179$109$61
38 years$664$429$269$165$99$54
39 years$640$408$252$152$90$48
40 years$617$388$236$140$81$43
41 years$595$370$222$129$74$38
42 years$574$352$208$119$67$34
43 years$555$336$195$110$61$30
44 years$536$320$183$102$55$27
45 years$518$305$172$94$50$24
46 years$501$291$162$87$45$21
47 years$485$278$152$80$41$19
48 years$469$265$143$74$37$17
49 years$455$253$134$68$34$15
50 years$440$242$126$63$31$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $451,000, adding $3,305 every year, while hoping to spend $24,126 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: 50/22/28 Blend
29$451,000$451,000$451,000$451,000
30$500,411$476,508$469,518$521,321
31$525,783$474,187$459,577$533,958
32$552,935$470,944$448,494$545,021
33$582,021$466,708$436,206$556,573
34$613,215$461,403$422,646$568,674
35$646,702$454,952$407,744$581,388
36$682,690$447,269$391,428$594,787
37$721,404$438,265$373,621$608,955
38$763,094$427,846$354,243$623,983
39$808,031$415,912$333,212$639,975
40$856,515$402,356$310,439$657,045
41$908,876$387,068$285,835$675,324
42$965,474$369,928$259,304$694,955
43$1,026,709$350,810$230,747$716,100
44$1,093,016$329,583$200,060$738,940
45$1,164,877$306,105$167,135$763,675
46$1,242,819$280,229$131,858$790,530
47$1,327,423$251,797$94,113$819,755
48$1,419,329$220,644$53,774$851,627
49$1,519,240$186,595$10,715$886,456
50$1,627,928$149,464$0$924,588
51$1,746,245$109,056$0$976,933
52$1,875,126$65,164$0$1,037,489
53$2,015,603$17,571$0$1,103,569
54$2,168,808$0$0$1,175,746
55$2,335,990$0$0$1,262,868
56$2,518,523$0$0$1,362,680
57$2,717,918$0$0$1,471,758
58$2,935,840$0$0$1,591,020
59$3,174,123$0$0$1,721,475
60$3,434,783$0$0$1,864,233
61$3,720,043$0$0$2,020,519
62$4,032,349$0$0$2,191,679
63$4,374,395$0$0$2,379,197
64$4,749,149$0$0$2,584,707
65$5,159,878$0$0$2,810,008
66$5,610,179$0$0$3,057,082
67$6,104,018$0$0$3,328,112
68$6,645,758$0$0$3,625,502
69$7,240,208$0$0$3,951,900
70$7,892,665$0$0$4,310,224
71$8,608,962$0$0$4,703,687
72$9,395,525$0$0$5,135,828
73$10,259,434$0$0$5,610,547
74$11,208,486$0$0$6,132,139
75$12,251,274$0$0$6,705,338
76$13,397,261$0$0$7,335,355
77$14,656,874$0$0$8,027,936
78$16,041,601$0$0$8,789,408
79$17,564,095$0$0$9,626,743
80$19,238,301$0$0$10,547,622
81$21,079,580$0$0$11,560,507
82$23,104,856$0$0$12,674,723
83$25,332,779$0$0$13,900,542
84$27,783,893$0$0$15,249,285
85$30,480,837$0$0$16,733,422
86$33,448,554$0$0$18,366,696
87$36,714,525$0$0$20,164,248
88$40,309,034$0$0$22,142,760
89$44,265,445$0$0$24,320,616
90$48,620,525$0$0$26,718,071
91$53,414,783$0$0$29,357,444
92$58,692,857$0$0$32,263,329
93$64,503,931$0$0$35,462,823
94$70,902,204$0$0$38,985,788
95$77,947,396$0$0$42,865,127
96$85,705,311$0$0$47,137,096
97$94,248,464$0$0$51,841,647
98$103,656,756$0$0$57,022,804
99$114,018,235$0$0$62,729,079
100$125,429,922$0$0$69,013,927