Can I retire at age 30 with 404,000?

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 $404,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$33,362$33,065$32,775$32,492$32,216$31,060
2 years$16,516$16,208$15,910$15,621$15,341$14,189
3 years$10,901$10,592$10,295$10,009$9,733$8,621
4 years$8,094$7,786$7,492$7,211$6,942$5,879
5 years$6,411$6,105$5,814$5,538$5,277$4,265
6 years$5,289$4,985$4,699$4,429$4,175$3,216
7 years$4,488$4,186$3,905$3,641$3,396$2,488
8 years$3,887$3,588$3,311$3,055$2,817$1,960
9 years$3,420$3,124$2,852$2,602$2,372$1,566
10 years$3,047$2,754$2,487$2,243$2,021$1,263
11 years$2,742$2,452$2,189$1,952$1,738$1,027
12 years$2,487$2,201$1,943$1,712$1,507$841
13 years$2,273$1,989$1,736$1,512$1,314$691
14 years$2,089$1,808$1,560$1,342$1,152$571
15 years$1,929$1,651$1,408$1,197$1,014$473
16 years$1,790$1,515$1,277$1,071$896$393
17 years$1,667$1,395$1,162$963$795$327
18 years$1,558$1,289$1,060$868$706$272
19 years$1,461$1,195$971$784$630$227
20 years$1,373$1,110$891$710$562$190
21 years$1,294$1,034$820$644$503$159
22 years$1,222$965$755$586$451$133
23 years$1,157$903$697$534$405$112
24 years$1,097$846$645$487$364$94
25 years$1,042$794$597$444$328$79
26 years$991$746$554$406$295$66
27 years$944$702$514$372$266$55
28 years$900$662$478$341$240$46
29 years$860$624$445$313$217$39
30 years$822$590$415$287$196$33
31 years$787$557$386$263$177$28
32 years$754$527$361$242$160$23
33 years$724$499$337$223$145$19
34 years$695$473$315$205$131$16
35 years$667$449$294$189$119$14
36 years$642$426$275$174$108$12
37 years$617$405$258$160$98$10
38 years$595$385$241$147$88$8
39 years$573$366$226$136$80$7
40 years$552$348$212$125$73$6
41 years$533$331$199$116$66$5
42 years$514$315$186$107$60$4
43 years$497$301$175$99$54$3
44 years$480$286$164$91$49$3
45 years$464$273$154$84$45$2
46 years$449$261$145$78$41$2
47 years$434$249$136$72$37$2
48 years$420$237$128$66$34$1
49 years$407$227$120$61$30$1
50 years$394$217$113$57$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $404,000, adding $2,862 every year, while hoping to spend $26,081 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: 39/48/13 Blend
29$404,000$404,000$404,000$404,000
30$448,160$426,748$420,486$463,781
31$466,123$419,909$406,822$468,299
32$485,043$411,860$391,827$470,422
33$504,992$402,516$375,427$472,148
34$526,045$391,783$357,548$473,453
35$548,286$379,565$338,111$474,313
36$571,807$365,759$317,033$474,705
37$596,705$350,256$294,228$474,605
38$623,091$332,940$269,606$473,990
39$651,082$313,690$243,074$472,835
40$680,807$292,376$214,532$471,120
41$712,409$268,862$183,878$468,822
42$746,043$243,004$151,006$465,921
43$781,877$214,649$115,803$462,398
44$820,099$183,637$78,152$458,237
45$860,910$149,797$37,932$453,422
46$904,536$112,949$0$447,943
47$951,219$72,904$0$442,483
48$1,001,228$29,461$0$442,006
49$1,054,856$0$0$441,264
50$1,112,428$0$0$449,575
51$1,174,296$0$0$475,266
52$1,240,849$0$0$502,942
53$1,312,514$0$0$532,786
54$1,389,759$0$0$564,998
55$1,473,099$0$0$599,799
56$1,563,101$0$0$637,431
57$1,660,384$0$0$678,159
58$1,765,632$0$0$722,276
59$1,879,596$0$0$770,104
60$2,003,101$0$0$821,996
61$2,137,055$0$0$878,342
62$2,282,456$0$0$939,568
63$2,440,402$0$0$1,006,147
64$2,612,100$0$0$1,078,594
65$2,798,878$0$0$1,157,481
66$3,002,199$0$0$1,243,433
67$3,223,671$0$0$1,337,141
68$3,465,062$0$0$1,439,364
69$3,728,322$0$0$1,550,938
70$4,015,594$0$0$1,672,782
71$4,329,237$0$0$1,805,909
72$4,671,850$0$0$1,951,433
73$5,046,292$0$0$2,110,583
74$5,455,711$0$0$2,284,710
75$5,903,573$0$0$2,475,301
76$6,393,697$0$0$2,683,995
77$6,930,283$0$0$2,912,596
78$7,517,961$0$0$3,163,093
79$8,161,827$0$0$3,437,672
80$8,867,493$0$0$3,738,745
81$9,641,142$0$0$4,068,965
82$10,489,583$0$0$4,431,258
83$11,420,312$0$0$4,828,843
84$12,441,592$0$0$5,265,268
85$13,562,518$0$0$5,744,441
86$14,793,114$0$0$6,270,665
87$16,144,417$0$0$6,848,684
88$17,628,590$0$0$7,483,721
89$19,259,027$0$0$8,181,531
90$21,050,487$0$0$8,948,453
91$23,019,228$0$0$9,791,471
92$25,183,160$0$0$10,718,282
93$27,562,017$0$0$11,737,361
94$30,177,538$0$0$12,858,050
95$33,053,673$0$0$14,090,639
96$36,216,813$0$0$15,446,465
97$39,696,030$0$0$16,938,021
98$43,523,358$0$0$18,579,070
99$47,734,090$0$0$20,384,777
100$52,367,116$0$0$22,371,851