Can I retire at age 30 with 413,000?

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 $413,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$34,105$33,801$33,505$33,216$32,933$32,255
2 years$16,884$16,569$16,265$15,969$15,682$15,002
3 years$11,144$10,828$10,524$10,232$9,950$9,289
4 years$8,275$7,960$7,659$7,371$7,096$6,460
5 years$6,554$6,241$5,944$5,662$5,394$4,784
6 years$5,407$5,096$4,803$4,528$4,268$3,685
7 years$4,588$4,280$3,992$3,723$3,471$2,915
8 years$3,974$3,668$3,385$3,123$2,880$2,350
9 years$3,496$3,194$2,916$2,660$2,425$1,922
10 years$3,115$2,815$2,542$2,293$2,066$1,589
11 years$2,803$2,506$2,238$1,995$1,777$1,325
12 years$2,543$2,250$1,986$1,750$1,540$1,112
13 years$2,323$2,033$1,774$1,545$1,343$939
14 years$2,135$1,848$1,594$1,372$1,177$796
15 years$1,972$1,688$1,439$1,223$1,037$678
16 years$1,830$1,549$1,305$1,095$916$579
17 years$1,704$1,426$1,188$984$812$496
18 years$1,593$1,318$1,084$887$722$425
19 years$1,493$1,222$992$801$644$366
20 years$1,404$1,135$911$726$575$315
21 years$1,323$1,057$838$659$515$271
22 years$1,249$987$772$599$461$234
23 years$1,182$923$713$545$414$203
24 years$1,121$865$659$498$372$175
25 years$1,065$812$611$454$335$152
26 years$1,013$763$566$415$302$131
27 years$965$718$526$380$272$114
28 years$920$676$489$348$245$99
29 years$879$638$455$319$222$86
30 years$841$603$424$293$200$74
31 years$805$570$395$269$181$64
32 years$771$539$369$247$164$56
33 years$740$511$344$228$148$49
34 years$710$484$322$209$134$42
35 years$682$459$301$193$122$37
36 years$656$436$281$178$110$32
37 years$631$414$263$164$100$28
38 years$608$393$247$151$90$24
39 years$586$374$231$139$82$21
40 years$565$356$216$128$74$18
41 years$545$339$203$118$68$16
42 years$526$322$190$109$61$14
43 years$508$307$179$101$56$12
44 years$491$293$168$93$50$10
45 years$474$279$157$86$46$9
46 years$459$266$148$79$42$8
47 years$444$254$139$73$38$7
48 years$430$243$131$68$34$6
49 years$416$232$123$63$31$5
50 years$403$221$115$58$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $413,000, adding $5,898 every year, while hoping to spend $20,502 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: 58/36/6 Blend
29$413,000$413,000$413,000$413,000
30$461,210$439,321$432,919$487,058
31$486,439$439,034$425,608$504,820
32$513,555$438,045$417,365$521,321
33$542,728$436,299$408,137$538,792
34$574,145$433,737$397,868$557,325
35$608,012$430,295$386,502$577,027
36$644,557$425,906$373,976$598,012
37$684,026$420,500$360,229$620,408
38$726,694$414,002$345,194$644,359
39$772,859$406,331$328,801$670,020
40$822,854$397,404$310,978$697,567
41$877,039$387,131$291,650$727,194
42$935,814$375,417$270,738$759,114
43$999,617$362,163$248,158$793,565
44$1,068,932$347,263$223,825$830,811
45$1,144,288$330,604$197,648$871,143
46$1,226,270$312,068$169,534$914,883
47$1,315,520$291,530$139,384$962,388
48$1,412,745$268,856$107,095$1,014,055
49$1,518,723$243,908$72,560$1,070,320
50$1,634,309$216,536$35,667$1,131,668
51$1,760,446$186,584$0$1,198,636
52$1,898,172$153,887$0$1,272,053
53$2,048,628$118,270$0$1,354,790
54$2,213,071$79,548$0$1,445,295
55$2,392,885$37,527$0$1,544,379
56$2,589,593$0$0$1,652,939
57$2,804,874$0$0$1,775,133
58$3,040,574$0$0$1,925,228
59$3,298,729$0$0$2,089,657
60$3,581,577$0$0$2,269,852
61$3,891,587$0$0$2,467,388
62$4,231,475$0$0$2,684,003
63$4,604,235$0$0$2,921,607
64$5,013,163$0$0$3,182,309
65$5,461,889$0$0$3,468,427
66$5,954,413$0$0$3,782,516
67$6,495,140$0$0$4,127,393
68$7,088,922$0$0$4,506,158
69$7,741,105$0$0$4,922,226
70$8,457,578$0$0$5,379,361
71$9,244,828$0$0$5,881,708
72$10,110,001$0$0$6,433,836
73$11,060,972$0$0$7,040,774
74$12,106,414$0$0$7,708,066
75$13,255,883$0$0$8,441,820
76$14,519,909$0$0$9,248,764
77$15,910,090$0$0$10,136,312
78$17,439,209$0$0$11,112,630
79$19,121,346$0$0$12,186,720
80$20,972,016$0$0$13,368,495
81$23,008,313$0$0$14,668,882
82$25,249,074$0$0$16,099,917
83$27,715,050$0$0$17,674,864
84$30,429,108$0$0$19,408,338
85$33,416,445$0$0$21,316,441
86$36,704,822$0$0$23,416,917
87$40,324,831$0$0$25,729,317
88$44,310,179$0$0$28,275,184
89$48,698,006$0$0$31,078,255
90$53,529,240$0$0$34,164,688
91$58,848,977$0$0$37,563,306
92$64,706,910$0$0$41,305,868
93$71,157,795$0$0$45,427,372
94$78,261,969$0$0$49,966,380
95$86,085,921$0$0$54,965,387
96$94,702,915$0$0$60,471,220
97$104,193,683$0$0$66,535,478
98$114,647,189$0$0$73,215,021
99$126,161,463$0$0$80,572,504
100$138,844,532$0$0$88,676,971