Can I retire at age 30 with 400,000?

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 $400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$33,032$32,737$32,450$32,170$31,897$31,368
2 years$16,352$16,048$15,753$15,466$15,189$14,658
3 years$10,793$10,487$10,193$9,909$9,636$9,120
4 years$8,014$7,709$7,418$7,139$6,873$6,374
5 years$6,347$6,044$5,757$5,484$5,225$4,745
6 years$5,236$4,936$4,652$4,385$4,134$3,675
7 years$4,443$4,145$3,866$3,605$3,362$2,923
8 years$3,849$3,553$3,279$3,024$2,789$2,370
9 years$3,386$3,093$2,824$2,576$2,349$1,950
10 years$3,017$2,727$2,462$2,221$2,001$1,622
11 years$2,714$2,427$2,167$1,933$1,721$1,361
12 years$2,463$2,179$1,924$1,695$1,492$1,150
13 years$2,250$1,969$1,719$1,497$1,301$978
14 years$2,068$1,790$1,544$1,329$1,140$835
15 years$1,910$1,635$1,394$1,185$1,004$715
16 years$1,772$1,500$1,264$1,061$887$615
17 years$1,651$1,381$1,150$953$787$531
18 years$1,543$1,277$1,050$859$699$459
19 years$1,446$1,183$961$776$623$397
20 years$1,359$1,099$882$703$557$345
21 years$1,281$1,024$811$638$498$299
22 years$1,210$956$748$580$447$260
23 years$1,145$894$690$528$401$227
24 years$1,086$838$639$482$360$198
25 years$1,031$786$591$440$324$172
26 years$981$739$549$402$292$151
27 years$935$695$509$368$263$132
28 years$892$655$474$337$238$115
29 years$852$618$441$309$215$101
30 years$814$584$410$284$194$88
31 years$779$552$383$261$175$77
32 years$747$522$357$240$159$67
33 years$716$494$333$220$144$59
34 years$688$469$311$203$130$52
35 years$661$444$291$187$118$45
36 years$635$422$272$172$107$40
37 years$611$401$255$158$97$35
38 years$589$381$239$146$88$30
39 years$567$362$224$135$79$27
40 years$547$345$210$124$72$23
41 years$528$328$197$115$65$20
42 years$509$312$184$106$59$18
43 years$492$298$173$98$54$16
44 years$475$284$162$90$49$14
45 years$459$270$153$83$44$12
46 years$444$258$143$77$40$11
47 years$430$246$135$71$37$9
48 years$416$235$126$66$33$8
49 years$403$224$119$61$30$7
50 years$391$214$112$56$27$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $400,000, adding $3,931 every year, while hoping to spend $25,970 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: 40/49/11 Blend
29$400,000$400,000$400,000$400,000
30$444,855$423,655$417,455$461,035
31$462,598$416,782$403,808$465,943
32$481,281$408,702$388,833$468,382
33$500,971$399,328$372,459$470,444
34$521,744$388,569$354,610$472,104
35$543,681$376,328$335,208$473,341
36$566,869$362,501$314,170$474,132
37$591,407$346,980$291,412$474,452
38$617,399$329,650$266,843$474,280
39$644,960$310,390$240,369$473,594
40$674,217$289,071$211,892$472,371
41$705,308$265,556$181,311$470,591
42$738,383$239,702$148,519$468,235
43$773,608$211,357$113,404$465,284
44$811,163$180,360$75,850$461,723
45$851,245$146,542$35,735$457,537
46$894,073$109,723$0$452,716
47$939,883$69,713$0$448,083
48$988,935$26,314$0$447,333
49$1,041,517$0$0$446,285
50$1,097,941$0$0$456,118
51$1,158,550$0$0$481,957
52$1,223,724$0$0$509,781
53$1,293,876$0$0$539,770
54$1,369,461$0$0$572,125
55$1,450,980$0$0$607,065
56$1,538,981$0$0$644,832
57$1,634,069$0$0$685,689
58$1,736,905$0$0$729,930
59$1,848,221$0$0$777,873
60$1,968,816$0$0$829,872
61$2,099,573$0$0$886,313
62$2,241,459$0$0$947,622
63$2,395,542$0$0$1,014,269
64$2,562,993$0$0$1,086,768
65$2,745,101$0$0$1,165,687
66$2,943,286$0$0$1,251,650
67$3,159,109$0$0$1,345,343
68$3,394,288$0$0$1,447,523
69$3,650,713$0$0$1,559,022
70$3,930,464$0$0$1,680,755
71$4,235,833$0$0$1,813,730
72$4,569,339$0$0$1,959,057
73$4,933,759$0$0$2,117,957
74$5,332,148$0$0$2,291,776
75$5,767,870$0$0$2,481,995
76$6,244,628$0$0$2,690,245
77$6,766,501$0$0$2,918,322
78$7,337,981$0$0$3,168,203
79$7,964,012$0$0$3,442,066
80$8,650,041$0$0$3,742,311
81$9,402,067$0$0$4,071,580
82$10,226,696$0$0$4,432,781
83$11,131,204$0$0$4,829,121
84$12,123,605$0$0$5,264,130
85$13,212,728$0$0$5,741,697
86$14,408,295$0$0$6,266,105
87$15,721,018$0$0$6,842,073
88$17,162,695$0$0$7,474,800
89$18,746,325$0$0$8,170,013
90$20,486,225$0$0$8,934,020
91$22,398,171$0$0$9,773,772
92$24,499,538$0$0$10,696,926
93$26,809,473$0$0$11,711,917
94$29,349,068$0$0$12,828,041
95$32,141,559$0$0$14,055,537
96$35,212,550$0$0$15,405,687
97$38,590,246$0$0$16,890,921
98$42,305,728$0$0$18,524,936
99$46,393,236$0$0$20,322,822
100$50,890,497$0$0$22,301,204