Can I retire at age 30 with 414,000?

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 $414,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$34,188$33,883$33,586$33,296$33,013$32,600
2 years$16,925$16,609$16,304$16,008$15,720$15,305
3 years$11,171$10,854$10,550$10,256$9,974$9,569
4 years$8,295$7,979$7,677$7,389$7,113$6,722
5 years$6,569$6,256$5,958$5,676$5,407$5,031
6 years$5,420$5,108$4,815$4,539$4,279$3,917
7 years$4,599$4,290$4,001$3,732$3,480$3,133
8 years$3,983$3,677$3,393$3,130$2,887$2,555
9 years$3,505$3,202$2,923$2,666$2,431$2,115
10 years$3,122$2,822$2,548$2,298$2,071$1,770
11 years$2,809$2,512$2,243$2,000$1,781$1,494
12 years$2,549$2,255$1,991$1,755$1,544$1,271
13 years$2,329$2,038$1,779$1,549$1,346$1,087
14 years$2,140$1,852$1,598$1,375$1,180$935
15 years$1,977$1,692$1,443$1,226$1,039$807
16 years$1,834$1,553$1,308$1,098$918$699
17 years$1,708$1,430$1,190$987$814$607
18 years$1,597$1,321$1,087$889$724$528
19 years$1,497$1,224$995$803$645$461
20 years$1,407$1,138$913$728$576$403
21 years$1,326$1,060$840$660$516$353
22 years$1,252$989$774$600$462$309
23 years$1,185$925$715$547$415$271
24 years$1,124$867$661$499$373$238
25 years$1,067$814$612$455$336$209
26 years$1,015$765$568$416$302$184
27 years$967$720$527$381$273$162
28 years$923$678$490$349$246$143
29 years$881$640$456$320$222$126
30 years$843$604$425$294$201$111
31 years$807$571$396$270$181$98
32 years$773$540$370$248$164$87
33 years$741$512$345$228$149$76
34 years$712$485$322$210$134$68
35 years$684$460$301$193$122$60
36 years$658$437$282$178$110$53
37 years$633$415$264$164$100$47
38 years$609$394$247$151$91$41
39 years$587$375$232$139$82$36
40 years$566$357$217$129$75$32
41 years$546$339$203$119$68$28
42 years$527$323$191$109$61$25
43 years$509$308$179$101$56$22
44 years$492$294$168$93$51$20
45 years$476$280$158$86$46$17
46 years$460$267$148$80$42$15
47 years$445$255$139$74$38$14
48 years$431$243$131$68$34$12
49 years$417$232$123$63$31$11
50 years$404$222$116$58$28$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $414,000, adding $4,479 every year, while hoping to spend $21,068 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: 73/10/17 Blend
29$414,000$414,000$414,000$414,000
30$460,848$438,906$432,489$492,368
31$485,438$437,996$424,561$512,961
32$511,831$436,336$415,662$532,515
33$540,187$433,866$405,736$553,386
34$570,684$430,523$394,726$575,698
35$603,517$426,242$382,572$599,592
36$638,899$420,951$369,212$625,222
37$677,066$414,577$354,580$652,756
38$718,276$407,040$338,607$682,383
39$762,811$398,256$321,222$714,309
40$810,984$388,137$302,349$748,762
41$863,137$376,589$281,911$785,994
42$919,648$363,512$259,825$826,284
43$980,928$348,801$236,006$869,938
44$1,047,436$332,344$210,364$917,296
45$1,119,670$314,025$182,807$968,732
46$1,198,181$293,718$153,237$1,024,659
47$1,283,577$271,291$121,551$1,085,533
48$1,376,523$246,606$87,645$1,151,856
49$1,477,754$219,515$51,406$1,224,185
50$1,588,076$189,862$12,719$1,303,132
51$1,708,378$157,483$0$1,389,373
52$1,839,638$122,205$0$1,488,837
53$1,982,932$83,844$0$1,599,965
54$2,139,444$42,206$0$1,721,379
55$2,310,481$0$0$1,854,107
56$2,497,476$0$0$1,999,602
57$2,702,012$0$0$2,163,843
58$2,925,829$0$0$2,343,586
59$3,170,844$0$0$2,540,372
60$3,439,168$0$0$2,755,898
61$3,733,125$0$0$2,992,036
62$4,055,275$0$0$3,250,843
63$4,408,438$0$0$3,534,587
64$4,795,719$0$0$3,845,766
65$5,220,537$0$0$4,187,131
66$5,686,660$0$0$4,561,712
67$6,198,237$0$0$4,972,846
68$6,759,837$0$0$5,424,210
69$7,376,497$0$0$5,919,853
70$8,053,761$0$0$6,464,236
71$8,797,740$0$0$7,062,274
72$9,615,163$0$0$7,719,381
73$10,513,444$0$0$8,441,520
74$11,500,753$0$0$9,235,262
75$12,586,088$0$0$10,107,847
76$13,779,362$0$0$11,067,248
77$15,091,501$0$0$12,122,254
78$16,534,536$0$0$13,282,543
79$18,121,728$0$0$14,558,782
80$19,867,684$0$0$15,962,722
81$21,788,500$0$0$17,507,311
82$23,901,911$0$0$19,206,814
83$26,227,455$0$0$21,076,950
84$28,786,662$0$0$23,135,037
85$31,603,255$0$0$25,400,159
86$34,703,372$0$0$27,893,342
87$38,115,813$0$0$30,637,754
88$41,872,313$0$0$33,658,924
89$46,007,839$0$0$36,984,981
90$50,560,923$0$0$40,646,920
91$55,574,020$0$0$44,678,895
92$61,093,913$0$0$49,118,541
93$67,172,152$0$0$54,007,326
94$73,865,542$0$0$59,390,946
95$81,236,675$0$0$65,319,753
96$89,354,525$0$0$71,849,233
97$98,295,094$0$0$79,040,527
98$108,142,133$0$0$86,961,007
99$118,987,929$0$0$95,684,913
100$130,934,179$0$0$105,294,055