Can I retire at age 30 with 442,000?

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 $442,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$36,500$36,175$35,858$35,548$35,246$35,009
2 years$18,069$17,733$17,407$17,090$16,784$16,545
3 years$11,927$11,589$11,263$10,950$10,648$10,415
4 years$8,856$8,519$8,197$7,889$7,594$7,368
5 years$7,014$6,679$6,361$6,059$5,773$5,555
6 years$5,786$5,454$5,141$4,846$4,568$4,358
7 years$4,910$4,580$4,272$3,984$3,715$3,513
8 years$4,253$3,926$3,623$3,342$3,082$2,888
9 years$3,742$3,418$3,120$2,847$2,596$2,410
10 years$3,333$3,013$2,720$2,454$2,212$2,034
11 years$2,999$2,682$2,395$2,136$1,902$1,732
12 years$2,721$2,408$2,126$1,873$1,648$1,486
13 years$2,486$2,176$1,899$1,654$1,437$1,283
14 years$2,285$1,978$1,706$1,468$1,260$1,113
15 years$2,111$1,807$1,541$1,309$1,109$970
16 years$1,958$1,658$1,397$1,172$980$848
17 years$1,824$1,527$1,271$1,053$869$744
18 years$1,705$1,411$1,160$949$773$654
19 years$1,598$1,307$1,062$858$689$576
20 years$1,502$1,215$975$777$615$509
21 years$1,416$1,132$897$705$551$450
22 years$1,337$1,056$826$641$494$399
23 years$1,265$988$763$584$443$354
24 years$1,200$926$706$532$398$314
25 years$1,140$869$654$486$358$279
26 years$1,084$816$606$445$323$248
27 years$1,033$768$563$407$291$221
28 years$985$724$523$373$263$197
29 years$941$683$487$342$237$176
30 years$900$645$454$314$214$157
31 years$861$610$423$288$194$140
32 years$825$577$395$265$175$125
33 years$792$546$368$244$159$112
34 years$760$518$344$224$144$100
35 years$730$491$322$206$130$89
36 years$702$466$301$190$118$80
37 years$675$443$282$175$107$71
38 years$650$421$264$161$97$64
39 years$627$400$247$149$88$57
40 years$604$381$232$137$80$51
41 years$583$362$217$127$72$46
42 years$563$345$204$117$66$41
43 years$543$329$191$108$59$37
44 years$525$313$180$100$54$33
45 years$508$299$169$92$49$29
46 years$491$285$158$85$45$26
47 years$475$272$149$78$40$23
48 years$460$260$140$73$37$21
49 years$445$248$131$67$33$19
50 years$432$237$124$62$30$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $442,000, adding $3,613 every year, while hoping to spend $31,831 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: 52/22/26 Blend
29$442,000$442,000$442,000$442,000
30$490,811$467,385$460,534$512,597
31$507,006$456,419$442,094$517,118
32$523,785$443,848$421,969$518,502
33$541,176$429,562$400,070$519,366
34$559,206$413,440$376,302$519,673
35$577,904$395,357$350,567$519,384
36$597,301$375,181$322,762$518,459
37$617,431$352,770$292,780$516,857
38$638,329$327,976$260,508$514,532
39$660,033$300,642$225,830$511,438
40$682,584$270,600$188,622$507,529
41$706,025$237,677$148,758$502,754
42$730,402$201,686$106,104$497,061
43$755,765$162,430$60,520$490,395
44$782,166$119,703$11,862$482,701
45$809,665$73,286$0$473,920
46$838,321$22,947$0$475,107
47$868,201$0$0$479,318
48$899,377$0$0$490,880
49$931,925$0$0$508,760
50$965,929$0$0$527,449
51$1,001,478$0$0$546,999
52$1,038,670$0$0$567,464
53$1,077,608$0$0$588,904
54$1,118,408$0$0$611,382
55$1,161,192$0$0$634,970
56$1,206,094$0$0$659,742
57$1,253,260$0$0$685,781
58$1,302,847$0$0$713,176
59$1,355,027$0$0$742,025
60$1,409,988$0$0$772,434
61$1,467,932$0$0$804,519
62$1,529,081$0$0$838,405
63$1,593,677$0$0$874,229
64$1,661,984$0$0$912,143
65$1,734,289$0$0$952,309
66$1,810,907$0$0$994,907
67$1,892,182$0$0$1,040,132
68$1,978,488$0$0$1,088,197
69$2,070,236$0$0$1,139,338
70$2,167,876$0$0$1,193,809
71$2,271,899$0$0$1,251,892
72$2,382,843$0$0$1,313,892
73$2,501,299$0$0$1,380,148
74$2,627,913$0$0$1,451,027
75$2,763,394$0$0$1,526,934
76$2,908,517$0$0$1,608,313
77$3,064,136$0$0$1,695,650
78$3,231,185$0$0$1,789,478
79$3,410,689$0$0$1,890,385
80$3,603,776$0$0$1,999,013
81$3,811,681$0$0$2,116,069
82$4,035,763$0$0$2,242,329
83$4,277,512$0$0$2,378,646
84$4,538,568$0$0$2,525,956
85$4,820,732$0$0$2,685,291
86$5,125,982$0$0$2,857,780
87$5,456,494$0$0$3,044,668
88$5,814,659$0$0$3,247,325
89$6,203,108$0$0$3,467,253
90$6,624,732$0$0$3,706,108
91$7,082,713$0$0$3,965,710
92$7,580,548$0$0$4,248,062
93$8,122,088$0$0$4,555,365
94$8,711,567$0$0$4,890,044
95$9,353,646$0$0$5,254,767
96$10,053,451$0$0$5,652,468
97$10,816,628$0$0$6,086,379
98$11,649,386$0$0$6,560,056
99$12,558,564$0$0$7,077,412
100$13,551,688$0$0$7,642,759