Can I retire at age 30 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$35,509$35,193$34,884$34,583$34,289$32,915
2 years$17,579$17,251$16,934$16,626$16,328$14,962
3 years$11,603$11,274$10,957$10,653$10,359$9,043
4 years$8,615$8,288$7,974$7,675$7,388$6,132
5 years$6,823$6,498$6,188$5,895$5,616$4,423
6 years$5,629$5,306$5,001$4,714$4,444$3,315
7 years$4,776$4,456$4,156$3,876$3,614$2,548
8 years$4,137$3,819$3,525$3,251$2,998$1,995
9 years$3,640$3,325$3,036$2,769$2,525$1,583
10 years$3,243$2,931$2,647$2,387$2,151$1,268
11 years$2,918$2,610$2,330$2,078$1,850$1,024
12 years$2,648$2,342$2,068$1,822$1,603$832
13 years$2,419$2,117$1,847$1,609$1,398$679
14 years$2,223$1,924$1,660$1,428$1,226$556
15 years$2,053$1,758$1,499$1,274$1,079$457
16 years$1,905$1,613$1,359$1,140$954$376
17 years$1,774$1,485$1,236$1,025$846$311
18 years$1,658$1,372$1,129$923$752$257
19 years$1,555$1,272$1,033$834$670$213
20 years$1,461$1,182$948$756$599$176
21 years$1,377$1,101$872$686$536$146
22 years$1,301$1,028$804$624$480$121
23 years$1,231$961$742$568$431$101
24 years$1,167$900$686$518$387$84
25 years$1,109$845$636$473$349$70
26 years$1,055$794$590$433$314$58
27 years$1,005$747$548$396$283$48
28 years$958$704$509$363$255$40
29 years$915$664$474$333$231$33
30 years$875$627$441$305$208$28
31 years$838$593$411$280$188$23
32 years$803$561$384$258$170$19
33 years$770$532$358$237$154$16
34 years$739$504$335$218$140$13
35 years$710$478$313$201$127$11
36 years$683$454$293$185$115$9
37 years$657$431$274$170$104$8
38 years$633$409$257$157$94$6
39 years$610$389$240$145$85$5
40 years$588$370$225$133$77$4
41 years$567$353$211$123$70$4
42 years$547$336$198$114$64$3
43 years$529$320$186$105$58$3
44 years$511$305$175$97$53$2
45 years$494$291$164$89$48$2
46 years$478$277$154$83$43$2
47 years$462$265$145$76$39$1
48 years$447$253$136$71$36$1
49 years$433$241$128$65$32$1
50 years$420$231$120$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $430,000, adding $5,455 every year, while hoping to spend $24,983 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: 78/15/7 Blend
29$430,000$430,000$430,000$430,000
30$479,487$456,697$450,032$516,064
31$501,813$452,493$438,526$536,636
32$525,579$447,246$425,798$555,392
33$550,905$440,879$411,779$575,223
34$577,924$433,308$396,400$596,222
35$606,779$424,448$379,587$618,497
36$637,630$414,205$361,263$642,163
37$670,650$402,483$341,347$667,347
38$706,029$389,177$319,755$694,192
39$743,977$374,180$296,399$722,854
40$784,723$357,374$271,188$753,505
41$828,517$338,638$244,026$786,334
42$875,637$317,843$214,812$821,552
43$926,385$294,850$183,441$859,391
44$981,094$269,516$149,805$900,106
45$1,040,131$241,688$113,788$943,979
46$1,103,897$211,203$75,273$991,322
47$1,172,834$177,891$34,134$1,042,479
48$1,247,427$141,572$0$1,097,828
49$1,328,210$102,054$0$1,158,520
50$1,415,769$59,137$0$1,227,054
51$1,510,750$12,607$0$1,301,400
52$1,613,863$0$0$1,382,132
53$1,725,886$0$0$1,476,117
54$1,847,680$0$0$1,580,573
55$1,980,187$0$0$1,694,231
56$2,124,448$0$0$1,817,984
57$2,281,605$0$0$1,952,815
58$2,452,917$0$0$2,099,805
59$2,639,768$0$0$2,260,143
60$2,843,683$0$0$2,435,139
61$3,066,338$0$0$2,626,236
62$3,309,582$0$0$2,835,020
63$3,575,446$0$0$3,063,239
64$3,866,169$0$0$3,312,816
65$4,184,217$0$0$3,585,869
66$4,532,301$0$0$3,884,731
67$4,913,411$0$0$4,211,970
68$5,330,836$0$0$4,570,413
69$5,788,201$0$0$4,963,175
70$6,289,497$0$0$5,393,687
71$6,839,118$0$0$5,865,725
72$7,441,905$0$0$6,383,450
73$8,103,190$0$0$6,951,445
74$8,828,846$0$0$7,574,757
75$9,625,341$0$0$8,258,946
76$10,499,802$0$0$9,010,137
77$11,460,076$0$0$9,835,076
78$12,514,812$0$0$10,741,194
79$13,673,533$0$0$11,736,680
80$14,946,734$0$0$12,830,551
81$16,345,974$0$0$14,032,744
82$17,883,988$0$0$15,354,205
83$19,574,808$0$0$16,806,995
84$21,433,891$0$0$18,404,398
85$23,478,268$0$0$20,161,054
86$25,726,702$0$0$22,093,090
87$28,199,866$0$0$24,218,276
88$30,920,538$0$0$26,556,189
89$33,913,813$0$0$29,128,399
90$37,207,343$0$0$31,958,675
91$40,831,593$0$0$35,073,204
92$44,820,135$0$0$38,500,838
93$49,209,954$0$0$42,273,372
94$54,041,808$0$0$46,425,835
95$59,360,602$0$0$50,996,828
96$65,215,819$0$0$56,028,883
97$71,661,982$0$0$61,568,863
98$78,759,169$0$0$67,668,411
99$86,573,581$0$0$74,384,427
100$95,178,163$0$0$81,779,613