Can I retire at age 30 with 444,000?

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 $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$36,665$36,339$36,020$35,709$35,405$34,354
2 years$18,151$17,813$17,485$17,168$16,860$15,810
3 years$11,980$11,641$11,314$11,000$10,696$9,680
4 years$8,896$8,557$8,234$7,925$7,629$6,654
5 years$7,046$6,709$6,390$6,087$5,799$4,869
6 years$5,812$5,478$5,164$4,868$4,589$3,703
7 years$4,932$4,601$4,291$4,002$3,732$2,891
8 years$4,272$3,944$3,639$3,357$3,096$2,300
9 years$3,759$3,434$3,135$2,860$2,607$1,855
10 years$3,348$3,027$2,733$2,465$2,222$1,512
11 years$3,013$2,694$2,406$2,145$1,911$1,242
12 years$2,734$2,418$2,135$1,882$1,656$1,027
13 years$2,498$2,186$1,908$1,661$1,444$854
14 years$2,295$1,987$1,714$1,475$1,266$713
15 years$2,120$1,815$1,548$1,315$1,114$597
16 years$1,967$1,665$1,403$1,178$985$502
17 years$1,832$1,533$1,277$1,058$873$422
18 years$1,712$1,417$1,165$954$776$356
19 years$1,605$1,313$1,067$862$692$301
20 years$1,509$1,220$979$780$618$255
21 years$1,422$1,137$901$708$553$216
22 years$1,343$1,061$830$644$496$183
23 years$1,271$992$766$586$445$155
24 years$1,205$930$709$535$400$132
25 years$1,145$873$657$488$360$112
26 years$1,089$820$609$447$324$95
27 years$1,037$772$565$409$292$81
28 years$990$727$526$375$264$69
29 years$945$686$489$343$238$59
30 years$904$648$456$315$215$50
31 years$865$612$425$290$195$43
32 years$829$580$396$266$176$36
33 years$795$549$370$245$159$31
34 years$763$520$346$225$144$26
35 years$733$493$323$207$131$22
36 years$705$468$302$191$118$19
37 years$679$445$283$176$107$16
38 years$653$423$265$162$97$14
39 years$630$402$248$149$88$12
40 years$607$382$233$138$80$10
41 years$586$364$218$127$73$9
42 years$565$347$205$117$66$7
43 years$546$330$192$108$60$6
44 years$528$315$180$100$54$5
45 years$510$300$169$92$49$5
46 years$493$286$159$85$45$4
47 years$477$273$149$79$41$3
48 years$462$261$140$73$37$3
49 years$447$249$132$67$33$2
50 years$433$238$124$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $444,000, adding $2,601 every year, while hoping to spend $26,402 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: 39/36/25 Blend
29$444,000$444,000$444,000$444,000
30$491,971$468,439$461,557$507,419
31$514,060$463,301$448,928$513,734
32$537,518$457,026$434,990$517,903
33$562,456$449,531$419,673$521,893
34$588,996$440,728$402,902$525,703
35$617,271$430,522$384,597$529,336
36$647,430$418,814$364,677$532,795
37$679,630$405,498$343,057$536,088
38$714,050$390,465$319,647$539,225
39$750,881$373,596$294,353$542,220
40$790,334$354,766$267,077$545,093
41$832,642$333,843$237,718$547,866
42$878,059$310,689$206,169$550,569
43$926,864$285,155$172,318$553,238
44$979,363$257,086$136,050$555,915
45$1,035,892$226,318$97,242$558,651
46$1,096,822$192,676$55,768$561,507
47$1,162,557$155,977$11,496$564,553
48$1,233,544$116,026$0$567,873
49$1,310,272$72,618$0$581,098
50$1,393,280$25,536$0$598,695
51$1,483,160$0$0$617,763
52$1,580,562$0$0$648,570
53$1,686,202$0$0$693,005
54$1,800,867$0$0$741,287
55$1,925,421$0$0$793,788
56$2,060,817$0$0$850,917
57$2,208,103$0$0$913,121
58$2,368,429$0$0$980,896
59$2,543,065$0$0$1,054,785
60$2,733,404$0$0$1,135,387
61$2,940,983$0$0$1,223,360
62$3,167,492$0$0$1,319,429
63$3,414,789$0$0$1,424,393
64$3,684,924$0$0$1,539,131
65$3,980,151$0$0$1,664,609
66$4,302,950$0$0$1,801,893
67$4,656,055$0$0$1,952,157
68$5,042,474$0$0$2,116,691
69$5,465,520$0$0$2,296,918
70$5,928,841$0$0$2,494,404
71$6,436,454$0$0$2,710,875
72$6,992,785$0$0$2,948,230
73$7,602,706$0$0$3,208,562
74$8,271,583$0$0$3,494,176
75$9,005,328$0$0$3,807,610
76$9,810,451$0$0$4,151,661
77$10,694,124$0$0$4,529,409
78$11,664,246$0$0$4,944,247
79$12,729,520$0$0$5,399,912
80$13,899,530$0$0$5,900,523
81$15,184,836$0$0$6,450,616
82$16,597,072$0$0$7,055,188
83$18,149,053$0$0$7,719,744
84$19,854,896$0$0$8,450,350
85$21,730,157$0$0$9,253,689
86$23,791,971$0$0$10,137,122
87$26,059,219$0$0$11,108,762
88$28,552,700$0$0$12,177,545
89$31,295,333$0$0$13,353,318
90$34,312,367$0$0$14,646,930
91$37,631,624$0$0$16,070,335
92$41,283,756$0$0$17,636,704
93$45,302,537$0$0$19,360,550
94$49,725,180$0$0$21,257,862
95$54,592,690$0$0$23,346,260
96$59,950,245$0$0$25,645,157
97$65,847,627$0$0$28,175,946
98$72,339,690$0$0$30,962,197
99$79,486,874$0$0$34,029,884
100$87,355,780$0$0$37,407,625