Can I retire at age 30 with 437,000?

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 $437,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$36,087$35,766$35,452$35,146$34,847$33,826
2 years$17,865$17,532$17,210$16,897$16,594$15,574
3 years$11,792$11,457$11,136$10,826$10,528$9,540
4 years$8,756$8,422$8,104$7,800$7,509$6,561
5 years$6,934$6,603$6,289$5,991$5,708$4,803
6 years$5,721$5,392$5,082$4,791$4,516$3,656
7 years$4,854$4,528$4,224$3,939$3,673$2,856
8 years$4,204$3,882$3,582$3,304$3,047$2,273
9 years$3,699$3,380$3,085$2,814$2,566$1,834
10 years$3,296$2,979$2,690$2,426$2,186$1,496
11 years$2,966$2,652$2,368$2,111$1,880$1,230
12 years$2,691$2,380$2,101$1,852$1,630$1,018
13 years$2,458$2,151$1,878$1,635$1,421$847
14 years$2,259$1,955$1,687$1,451$1,246$707
15 years$2,087$1,786$1,523$1,294$1,097$593
16 years$1,936$1,639$1,381$1,159$969$498
17 years$1,803$1,509$1,257$1,041$859$420
18 years$1,685$1,395$1,147$938$764$355
19 years$1,580$1,293$1,050$848$681$300
20 years$1,485$1,201$964$768$608$254
21 years$1,400$1,119$886$697$544$215
22 years$1,322$1,044$817$634$488$183
23 years$1,251$977$754$577$438$155
24 years$1,186$915$698$526$394$132
25 years$1,127$859$646$481$354$112
26 years$1,072$807$599$440$319$95
27 years$1,021$760$556$402$288$81
28 years$974$716$517$369$260$69
29 years$930$675$481$338$234$59
30 years$890$638$448$310$212$50
31 years$852$603$418$285$192$43
32 years$816$570$390$262$173$36
33 years$783$540$364$241$157$31
34 years$751$512$340$222$142$26
35 years$722$486$318$204$129$23
36 years$694$461$298$188$116$19
37 years$668$438$279$173$106$16
38 years$643$416$261$160$96$14
39 years$620$396$244$147$87$12
40 years$597$376$229$136$79$10
41 years$576$358$215$125$71$9
42 years$556$341$201$116$65$7
43 years$537$325$189$107$59$6
44 years$519$310$177$98$53$5
45 years$502$296$167$91$48$5
46 years$485$282$157$84$44$4
47 years$470$269$147$78$40$3
48 years$455$257$138$72$36$3
49 years$440$245$130$66$33$2
50 years$427$234$122$61$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $437,000, adding $6,451 every year, while hoping to spend $29,641 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: 56/23/21 Blend
29$437,000$437,000$437,000$437,000
30$488,228$465,067$458,294$512,466
31$506,490$456,318$442,109$520,993
32$525,620$446,146$424,388$526,573
33$545,678$434,451$405,049$532,009
34$566,724$421,126$384,005$537,295
35$588,826$406,058$361,166$542,425
36$612,059$389,127$336,437$547,395
37$636,501$370,206$309,720$552,202
38$662,239$349,162$280,911$556,846
39$689,369$325,852$249,903$561,328
40$717,992$300,126$216,582$565,649
41$748,222$271,827$180,832$569,817
42$780,180$240,786$142,530$573,839
43$814,001$206,828$101,547$577,728
44$849,830$169,763$57,750$581,500
45$887,827$129,396$10,999$585,175
46$928,167$85,517$0$588,779
47$971,039$37,907$0$601,057
48$1,016,652$0$0$616,532
49$1,065,234$0$0$636,275
50$1,117,036$0$0$667,578
51$1,172,331$0$0$701,015
52$1,231,418$0$0$736,772
53$1,294,627$0$0$775,050
54$1,362,318$0$0$816,071
55$1,434,886$0$0$860,078
56$1,512,764$0$0$907,338
57$1,596,430$0$0$958,143
58$1,686,403$0$0$1,012,816
59$1,783,260$0$0$1,071,709
60$1,887,628$0$0$1,135,210
61$2,000,199$0$0$1,203,745
62$2,121,734$0$0$1,277,782
63$2,253,067$0$0$1,357,836
64$2,395,116$0$0$1,444,471
65$2,548,889$0$0$1,538,309
66$2,715,496$0$0$1,640,033
67$2,896,155$0$0$1,750,395
68$3,092,207$0$0$1,870,221
69$3,305,126$0$0$2,000,420
70$3,536,536$0$0$2,141,991
71$3,788,218$0$0$2,296,035
72$4,062,138$0$0$2,463,761
73$4,360,455$0$0$2,646,501
74$4,685,545$0$0$2,845,722
75$5,040,024$0$0$3,063,035
76$5,426,772$0$0$3,300,215
77$5,848,957$0$0$3,559,219
78$6,310,067$0$0$3,842,195
79$6,813,943$0$0$4,151,513
80$7,364,812$0$0$4,489,780
81$7,967,329$0$0$4,859,866
82$8,626,619$0$0$5,264,934
83$9,348,325$0$0$5,708,464
84$10,138,662$0$0$6,194,288
85$11,004,472$0$0$6,726,629
86$11,953,293$0$0$7,310,134
87$12,993,423$0$0$7,949,926
88$14,134,005$0$0$8,651,642
89$15,385,107$0$0$9,421,493
90$16,757,819$0$0$10,266,323
91$18,264,355$0$0$11,193,666
92$19,918,171$0$0$12,211,823
93$21,734,088$0$0$13,329,939
94$23,728,433$0$0$14,558,087
95$25,919,191$0$0$15,907,364
96$28,326,176$0$0$17,389,994
97$30,971,215$0$0$19,019,445
98$33,878,354$0$0$20,810,553
99$37,074,087$0$0$22,779,665
100$40,587,598$0$0$24,944,789