Can I retire at age 30 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$37,491$37,157$36,831$36,513$36,203$35,721
2 years$18,560$18,214$17,879$17,554$17,239$16,755
3 years$12,250$11,903$11,569$11,247$10,937$10,465
4 years$9,096$8,750$8,419$8,103$7,801$7,344
5 years$7,204$6,860$6,534$6,224$5,930$5,490
6 years$5,943$5,602$5,280$4,977$4,692$4,270
7 years$5,043$4,704$4,388$4,092$3,816$3,412
8 years$4,368$4,033$3,721$3,433$3,166$2,780
9 years$3,843$3,511$3,205$2,924$2,666$2,298
10 years$3,424$3,095$2,794$2,520$2,272$1,921
11 years$3,081$2,755$2,460$2,194$1,954$1,620
12 years$2,795$2,473$2,183$1,924$1,693$1,376
13 years$2,554$2,235$1,951$1,699$1,476$1,175
14 years$2,347$2,031$1,753$1,508$1,294$1,009
15 years$2,168$1,856$1,582$1,345$1,139$870
16 years$2,011$1,703$1,435$1,204$1,007$752
17 years$1,873$1,568$1,305$1,082$893$652
18 years$1,751$1,449$1,192$975$794$567
19 years$1,641$1,343$1,091$881$708$494
20 years$1,543$1,248$1,001$798$632$431
21 years$1,454$1,162$921$724$566$377
22 years$1,373$1,085$849$658$507$330
23 years$1,300$1,015$784$600$455$289
24 years$1,232$951$725$547$409$253
25 years$1,170$892$671$499$368$223
26 years$1,113$839$623$457$332$195
27 years$1,061$789$578$418$299$172
28 years$1,012$744$537$383$270$151
29 years$966$702$500$351$244$133
30 years$924$663$466$322$220$117
31 years$885$626$434$296$199$103
32 years$848$593$405$272$180$91
33 years$813$561$378$250$163$80
34 years$781$532$354$230$147$71
35 years$750$504$331$212$134$62
36 years$721$479$309$195$121$55
37 years$694$455$289$180$110$48
38 years$668$432$271$166$99$43
39 years$644$411$254$153$90$38
40 years$621$391$238$141$82$33
41 years$599$372$223$130$74$29
42 years$578$354$209$120$67$26
43 years$558$338$196$111$61$23
44 years$539$322$184$102$55$20
45 years$521$307$173$94$50$18
46 years$504$293$163$87$46$16
47 years$488$279$153$81$42$14
48 years$472$267$144$74$38$12
49 years$458$255$135$69$34$11
50 years$443$243$127$64$31$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $454,000, adding $2,828 every year, while hoping to spend $32,076 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: 48/26/26 Blend
29$454,000$454,000$454,000$454,000
30$503,225$479,163$472,126$523,532
31$520,425$468,513$453,814$527,414
32$538,305$456,267$433,813$528,233
33$556,900$442,311$412,033$528,488
34$576,247$426,528$388,380$528,142
35$596,388$408,792$362,754$527,155
36$617,366$388,969$335,053$525,488
37$639,229$366,920$305,168$523,097
38$662,026$342,496$272,988$519,938
39$685,814$315,538$238,394$515,966
40$710,650$285,883$201,263$511,135
41$736,598$253,353$161,467$505,394
42$763,726$217,763$118,871$498,695
43$792,110$178,916$73,337$490,985
44$821,829$136,607$24,718$482,211
45$852,970$90,616$0$472,319
46$885,628$40,711$0$468,789
47$919,906$0$0$471,836
48$955,914$0$0$478,404
49$993,774$0$0$497,572
50$1,033,616$0$0$517,762
51$1,075,584$0$0$539,049
52$1,119,834$0$0$561,514
53$1,166,536$0$0$585,246
54$1,215,874$0$0$610,342
55$1,268,051$0$0$636,908
56$1,323,287$0$0$665,059
57$1,381,823$0$0$694,923
58$1,443,921$0$0$726,636
59$1,509,870$0$0$760,351
60$1,579,984$0$0$796,231
61$1,654,606$0$0$834,459
62$1,734,114$0$0$875,231
63$1,818,921$0$0$918,766
64$1,909,477$0$0$965,300
65$2,006,278$0$0$1,015,095
66$2,109,867$0$0$1,068,436
67$2,220,839$0$0$1,125,637
68$2,339,847$0$0$1,187,040
69$2,467,607$0$0$1,253,025
70$2,604,905$0$0$1,324,004
71$2,752,603$0$0$1,400,434
72$2,911,650$0$0$1,482,812
73$3,083,086$0$0$1,571,689
74$3,268,053$0$0$1,667,666
75$3,467,807$0$0$1,771,406
76$3,683,728$0$0$1,883,638
77$3,917,333$0$0$2,005,161
78$4,170,288$0$0$2,136,855
79$4,444,426$0$0$2,279,687
80$4,741,762$0$0$2,434,722
81$5,064,513$0$0$2,603,130
82$5,415,115$0$0$2,786,197
83$5,796,251$0$0$2,985,340
84$6,210,870$0$0$3,202,117
85$6,662,217$0$0$3,438,241
86$7,153,863$0$0$3,695,599
87$7,689,738$0$0$3,976,268
88$8,274,168$0$0$4,282,532
89$8,911,911$0$0$4,616,906
90$9,608,209$0$0$4,982,160
91$10,368,828$0$0$5,381,340
92$11,200,118$0$0$5,817,804
93$12,109,071$0$0$6,295,246
94$13,103,383$0$0$6,817,733
95$14,191,530$0$0$7,389,746
96$15,382,842$0$0$8,016,217
97$16,687,598$0$0$8,702,578
98$18,117,113$0$0$9,454,813
99$19,683,851$0$0$10,279,510
100$21,401,539$0$0$11,183,926