Can I retire at age 30 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$36,748$36,420$36,101$35,789$35,485$35,144
2 years$18,192$17,853$17,525$17,206$16,898$16,554
3 years$12,007$11,667$11,340$11,024$10,721$10,385
4 years$8,916$8,577$8,252$7,942$7,646$7,321
5 years$7,061$6,724$6,404$6,101$5,812$5,499
6 years$5,825$5,491$5,176$4,879$4,599$4,298
7 years$4,943$4,611$4,301$4,011$3,740$3,451
8 years$4,281$3,953$3,647$3,365$3,103$2,826
9 years$3,767$3,441$3,142$2,866$2,613$2,348
10 years$3,356$3,033$2,739$2,471$2,227$1,974
11 years$3,020$2,701$2,411$2,150$1,915$1,674
12 years$2,740$2,424$2,140$1,886$1,659$1,430
13 years$2,503$2,190$1,912$1,665$1,447$1,229
14 years$2,300$1,991$1,718$1,478$1,268$1,061
15 years$2,125$1,819$1,551$1,318$1,117$920
16 years$1,972$1,669$1,406$1,180$987$801
17 years$1,836$1,537$1,280$1,060$875$699
18 years$1,716$1,420$1,168$956$778$611
19 years$1,609$1,316$1,069$864$694$536
20 years$1,512$1,223$981$782$620$471
21 years$1,425$1,139$903$710$554$415
22 years$1,346$1,063$832$645$497$365
23 years$1,274$995$768$588$446$322
24 years$1,208$932$710$536$401$285
25 years$1,147$875$658$490$361$252
26 years$1,091$822$610$448$325$223
27 years$1,040$774$567$410$293$197
28 years$992$729$527$375$264$175
29 years$947$688$490$344$239$155
30 years$906$649$457$316$216$137
31 years$867$614$426$290$195$122
32 years$831$581$397$267$176$108
33 years$797$550$371$245$160$96
34 years$765$521$347$226$145$85
35 years$735$494$324$208$131$76
36 years$707$469$303$191$119$67
37 years$680$446$284$176$108$60
38 years$655$424$266$162$97$53
39 years$631$403$249$150$88$47
40 years$608$383$233$138$80$42
41 years$587$365$219$127$73$37
42 years$567$347$205$118$66$33
43 years$547$331$193$109$60$30
44 years$529$316$181$100$54$26
45 years$511$301$170$93$49$23
46 years$494$287$159$86$45$21
47 years$478$274$150$79$41$19
48 years$463$262$141$73$37$17
49 years$448$250$132$67$34$15
50 years$434$239$124$62$30$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $445,000, adding $5,729 every year, while hoping to spend $24,582 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: 64/8/28 Blend
29$445,000$445,000$445,000$445,000
30$496,299$472,714$465,817$524,034
31$520,767$469,722$455,267$540,506
32$546,906$465,760$443,539$555,280
33$574,862$460,753$430,569$570,890
34$604,792$454,625$416,288$587,421
35$636,872$447,292$400,624$604,969
36$671,290$438,667$383,502$623,638
37$708,257$428,657$364,845$643,547
38$748,003$417,165$344,571$664,825
39$790,779$404,085$322,594$687,617
40$836,862$389,309$298,824$712,084
41$886,556$372,720$273,169$738,401
42$940,196$354,194$245,531$766,768
43$998,148$333,602$215,809$797,403
44$1,060,816$310,805$183,895$830,547
45$1,128,644$285,658$149,680$866,469
46$1,202,117$258,008$113,046$905,467
47$1,281,773$227,690$73,873$947,870
48$1,368,201$194,534$32,035$994,042
49$1,462,048$158,357$0$1,044,388
50$1,564,029$118,968$0$1,103,123
51$1,674,925$76,163$0$1,177,431
52$1,795,602$29,729$0$1,258,322
53$1,927,007$0$0$1,346,446
54$2,070,185$0$0$1,444,329
55$2,226,287$0$0$1,553,929
56$2,396,576$0$0$1,673,519
57$2,582,446$0$0$1,804,082
58$2,785,429$0$0$1,946,699
59$3,007,213$0$0$2,102,558
60$3,249,656$0$0$2,272,969
61$3,514,803$0$0$2,459,375
62$3,804,906$0$0$2,663,363
63$4,122,444$0$0$2,886,681
64$4,470,149$0$0$3,131,255
65$4,851,026$0$0$3,399,205
66$5,268,389$0$0$3,692,865
67$5,725,882$0$0$4,014,808
68$6,227,524$0$0$4,367,864
69$6,777,738$0$0$4,755,154
70$7,381,396$0$0$5,180,113
71$8,043,866$0$0$5,646,526
72$8,771,059$0$0$6,158,561
73$9,569,488$0$0$6,720,811
74$10,446,325$0$0$7,338,333
75$11,409,473$0$0$8,016,701
76$12,467,638$0$0$8,762,053
77$13,630,409$0$0$9,581,151
78$14,908,351$0$0$10,481,447
79$16,313,104$0$0$11,471,148
80$17,857,491$0$0$12,559,298
81$19,555,640$0$0$13,755,858
82$21,423,115$0$0$15,071,806
83$23,477,066$0$0$16,519,236
84$25,736,387$0$0$18,111,472
85$28,221,896$0$0$19,863,195
86$30,956,529$0$0$21,790,581
87$33,965,559$0$0$23,911,453
88$37,276,830$0$0$26,245,447
89$40,921,026$0$0$28,814,203
90$44,931,950$0$0$31,641,561
91$49,346,854$0$0$34,753,791
92$54,206,782$0$0$38,179,839
93$59,556,958$0$0$41,951,601
94$65,447,216$0$0$46,104,222
95$71,932,468$0$0$50,676,427
96$79,073,218$0$0$55,710,888
97$86,936,140$0$0$61,254,626
98$95,594,699$0$0$67,359,455
99$105,129,850$0$0$74,082,466
100$115,630,799$0$0$81,486,574