Can I retire at age 30 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$35,261$34,947$34,641$34,342$34,050$32,855
2 years$17,456$17,131$16,816$16,510$16,214$15,023
3 years$11,522$11,195$10,881$10,578$10,287$9,136
4 years$8,555$8,230$7,919$7,621$7,337$6,236
5 years$6,776$6,452$6,145$5,854$5,577$4,529
6 years$5,590$5,269$4,966$4,681$4,413$3,419
7 years$4,743$4,425$4,127$3,849$3,589$2,648
8 years$4,108$3,793$3,500$3,229$2,977$2,089
9 years$3,615$3,302$3,015$2,750$2,507$1,670
10 years$3,220$2,911$2,628$2,371$2,136$1,349
11 years$2,898$2,591$2,314$2,063$1,837$1,099
12 years$2,629$2,326$2,053$1,810$1,592$900
13 years$2,402$2,102$1,835$1,598$1,388$741
14 years$2,207$1,911$1,648$1,418$1,217$613
15 years$2,039$1,745$1,488$1,265$1,072$508
16 years$1,892$1,601$1,349$1,132$947$423
17 years$1,762$1,475$1,228$1,018$840$352
18 years$1,647$1,363$1,121$917$747$294
19 years$1,544$1,263$1,026$829$666$246
20 years$1,451$1,174$942$750$594$206
21 years$1,368$1,093$866$681$532$173
22 years$1,292$1,020$798$619$477$145
23 years$1,222$954$737$564$428$121
24 years$1,159$894$682$514$385$102
25 years$1,101$839$631$470$346$86
26 years$1,047$789$586$430$312$72
27 years$998$742$544$393$281$61
28 years$952$699$505$360$254$51
29 years$909$660$470$330$229$43
30 years$869$623$438$303$207$36
31 years$832$589$408$278$187$30
32 years$797$557$381$256$169$26
33 years$765$528$356$235$153$22
34 years$734$500$332$216$139$18
35 years$705$474$311$199$126$15
36 years$678$450$291$184$114$13
37 years$653$428$272$169$103$11
38 years$628$407$255$156$94$9
39 years$605$387$239$144$85$8
40 years$584$368$224$133$77$6
41 years$563$350$210$122$70$5
42 years$544$333$197$113$63$5
43 years$525$318$185$104$57$4
44 years$507$303$173$96$52$3
45 years$490$289$163$89$47$3
46 years$474$275$153$82$43$2
47 years$459$263$144$76$39$2
48 years$444$251$135$70$35$2
49 years$430$240$127$65$32$1
50 years$417$229$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $427,000, adding $3,753 every year, while hoping to spend $24,805 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: 29/43/28 Blend
29$427,000$427,000$427,000$427,000
30$474,425$451,794$445,176$484,000
31$496,424$447,540$433,697$487,607
32$519,836$442,246$421,002$489,077
33$544,778$435,834$407,024$490,162
34$571,379$428,224$391,694$490,848
35$599,782$419,329$374,937$491,118
36$630,140$409,057$356,678$490,959
37$662,624$397,311$336,837$490,359
38$697,421$383,987$315,329$489,305
39$734,733$368,978$292,068$487,790
40$774,786$352,168$266,963$485,807
41$817,825$333,435$239,917$483,351
42$864,120$312,651$210,831$480,422
43$913,968$289,679$179,602$477,023
44$967,695$264,375$146,121$473,163
45$1,025,658$236,587$110,273$468,853
46$1,088,249$206,154$71,942$464,114
47$1,155,900$172,906$31,002$458,969
48$1,229,087$136,663$0$453,453
49$1,308,330$97,236$0$451,398
50$1,394,204$54,424$0$459,197
51$1,487,337$8,015$0$467,683
52$1,588,424$0$0$476,978
53$1,698,228$0$0$507,191
54$1,817,587$0$0$544,217
55$1,947,424$0$0$584,555
56$2,088,754$0$0$628,531
57$2,242,694$0$0$676,499
58$2,410,475$0$0$728,851
59$2,593,448$0$0$786,019
60$2,793,104$0$0$848,477
61$3,011,080$0$0$916,748
62$3,249,183$0$0$991,406
63$3,509,397$0$0$1,073,086
64$3,793,911$0$0$1,162,485
65$4,105,131$0$0$1,260,370
66$4,445,710$0$0$1,367,589
67$4,818,566$0$0$1,485,071
68$5,226,914$0$0$1,613,843
69$5,674,294$0$0$1,755,035
70$6,164,606$0$0$1,909,891
71$6,702,143$0$0$2,079,780
72$7,291,634$0$0$2,266,214
73$7,938,288$0$0$2,470,854
74$8,647,843$0$0$2,695,533
75$9,426,617$0$0$2,942,267
76$10,281,572$0$0$3,213,279
77$11,220,376$0$0$3,511,018
78$12,251,476$0$0$3,838,181
79$13,384,176$0$0$4,197,740
80$14,628,728$0$0$4,592,967
81$15,996,424$0$0$5,027,470
82$17,499,706$0$0$5,505,221
83$19,152,279$0$0$6,030,600
84$20,969,244$0$0$6,608,428
85$22,967,237$0$0$7,244,019
86$25,164,589$0$0$7,943,230
87$27,581,493$0$0$8,712,510
88$30,240,200$0$0$9,558,967
89$33,165,226$0$0$10,490,433
90$36,383,580$0$0$11,515,536
91$39,925,025$0$0$12,643,785
92$43,822,352$0$0$13,885,657
93$48,111,693$0$0$15,252,693
94$52,832,860$0$0$16,757,614
95$58,029,720$0$0$18,414,435
96$63,750,609$0$0$20,238,600
97$70,048,787$0$0$22,247,124
98$76,982,942$0$0$24,458,761
99$84,617,739$0$0$26,894,171
100$93,024,435$0$0$29,576,122