Can I retire at age 30 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$33,857$33,556$33,262$32,974$32,694$32,326
2 years$16,761$16,449$16,146$15,853$15,569$15,198
3 years$11,063$10,750$10,448$10,157$9,877$9,516
4 years$8,215$7,902$7,603$7,318$7,045$6,695
5 years$6,506$6,195$5,900$5,621$5,355$5,018
6 years$5,367$5,059$4,768$4,495$4,237$3,914
7 years$4,554$4,248$3,963$3,696$3,446$3,136
8 years$3,945$3,642$3,361$3,100$2,859$2,562
9 years$3,471$3,171$2,894$2,641$2,408$2,124
10 years$3,092$2,795$2,523$2,276$2,051$1,781
11 years$2,782$2,488$2,222$1,981$1,764$1,506
12 years$2,524$2,233$1,972$1,738$1,529$1,284
13 years$2,306$2,018$1,762$1,534$1,333$1,100
14 years$2,120$1,834$1,583$1,362$1,169$948
15 years$1,958$1,676$1,429$1,214$1,029$819
16 years$1,816$1,538$1,296$1,087$909$711
17 years$1,692$1,416$1,179$977$806$619
18 years$1,581$1,308$1,076$880$717$540
19 years$1,482$1,213$985$796$639$472
20 years$1,393$1,127$904$721$571$414
21 years$1,313$1,050$832$654$511$363
22 years$1,240$980$767$595$458$319
23 years$1,174$916$708$542$411$280
24 years$1,113$859$655$494$369$247
25 years$1,057$806$606$451$332$218
26 years$1,006$757$562$412$299$192
27 years$958$713$522$377$270$169
28 years$914$672$485$346$244$150
29 years$873$634$452$317$220$132
30 years$835$598$421$291$199$117
31 years$799$566$392$267$180$103
32 years$766$535$366$246$163$91
33 years$734$507$342$226$147$81
34 years$705$480$319$208$133$72
35 years$677$456$298$191$121$63
36 years$651$432$279$176$109$56
37 years$627$411$261$162$99$50
38 years$603$390$245$150$90$44
39 years$581$371$229$138$81$39
40 years$561$353$215$127$74$35
41 years$541$336$202$117$67$31
42 years$522$320$189$108$61$27
43 years$504$305$177$100$55$24
44 years$487$291$167$92$50$21
45 years$471$277$156$85$45$19
46 years$455$264$147$79$41$17
47 years$441$252$138$73$37$15
48 years$427$241$130$67$34$13
49 years$413$230$122$62$31$12
50 years$400$220$115$57$28$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $410,000, adding $5,834 every year, while hoping to spend $23,488 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: 59/29/12 Blend
29$410,000$410,000$410,000$410,000
30$457,838$436,108$429,753$483,171
31$479,546$432,486$419,158$497,301
32$502,682$427,900$407,422$509,555
33$527,365$422,276$394,480$522,351
34$553,728$415,540$380,268$535,746
35$581,917$407,610$364,715$549,800
36$612,089$398,399$347,750$564,581
37$644,420$387,819$329,297$580,167
38$679,100$375,771$309,278$596,642
39$716,340$362,155$287,610$614,102
40$756,369$346,864$264,207$632,653
41$799,440$329,782$238,980$652,413
42$845,831$310,789$211,834$673,516
43$895,847$289,759$182,672$696,108
44$949,823$266,556$151,390$720,353
45$1,008,125$241,038$117,882$746,434
46$1,071,160$213,054$82,037$774,554
47$1,139,370$182,446$43,737$804,940
48$1,213,244$149,045$2,861$837,843
49$1,293,321$112,673$0$873,542
50$1,380,189$73,144$0$917,567
51$1,474,498$30,258$0$965,775
52$1,576,964$0$0$1,018,198
53$1,688,371$0$0$1,080,449
54$1,809,584$0$0$1,158,714
55$1,941,554$0$0$1,243,957
56$2,085,328$0$0$1,336,856
57$2,242,058$0$0$1,438,161
58$2,413,011$0$0$1,548,694
59$2,599,582$0$0$1,669,363
60$2,803,308$0$0$1,801,165
61$3,025,879$0$0$1,945,199
62$3,269,156$0$0$2,102,674
63$3,535,188$0$0$2,274,923
64$3,826,231$0$0$2,463,411
65$4,144,771$0$0$2,669,752
66$4,493,542$0$0$2,895,726
67$4,875,556$0$0$3,143,288
68$5,294,132$0$0$3,414,597
69$5,752,922$0$0$3,712,026
70$6,255,951$0$0$4,038,190
71$6,807,650$0$0$4,395,971
72$7,412,900$0$0$4,788,540
73$8,077,079$0$0$5,219,394
74$8,806,107$0$0$5,692,380
75$9,606,510$0$0$6,211,741
76$10,485,472$0$0$6,782,146
77$11,450,909$0$0$7,408,743
78$12,511,543$0$0$8,097,199
79$13,676,980$0$0$8,853,759
80$14,957,802$0$0$9,685,304
81$16,365,671$0$0$10,599,414
82$17,913,430$0$0$11,604,437
83$19,615,233$0$0$12,709,576
84$21,486,670$0$0$13,924,966
85$23,544,921$0$0$15,261,774
86$25,808,911$0$0$16,732,305
87$28,299,494$0$0$18,350,116
88$31,039,646$0$0$20,130,145
89$34,054,682$0$0$22,088,847
90$37,372,494$0$0$24,244,359
91$41,023,818$0$0$26,616,660
92$45,042,514$0$0$29,227,766
93$49,465,898$0$0$32,101,935
94$54,335,081$0$0$35,265,897
95$59,695,367$0$0$38,749,104
96$65,596,672$0$0$42,584,010
97$72,094,000$0$0$46,806,375
98$79,247,959$0$0$51,455,604
99$87,125,334$0$0$56,575,116
100$95,799,715$0$0$62,212,756