Can I retire at age 30 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$37,573$37,239$36,912$36,594$36,282$35,859
2 years$18,601$18,254$17,919$17,593$17,277$16,851
3 years$12,277$11,929$11,595$11,272$10,961$10,545
4 years$9,116$8,769$8,438$8,121$7,818$7,416
5 years$7,220$6,875$6,548$6,238$5,943$5,556
6 years$5,956$5,614$5,292$4,988$4,702$4,330
7 years$5,054$4,715$4,398$4,101$3,824$3,468
8 years$4,378$4,041$3,729$3,440$3,173$2,831
9 years$3,852$3,519$3,212$2,930$2,672$2,346
10 years$3,431$3,102$2,800$2,526$2,277$1,966
11 years$3,088$2,761$2,465$2,198$1,958$1,662
12 years$2,801$2,478$2,188$1,928$1,697$1,415
13 years$2,559$2,240$1,955$1,702$1,480$1,212
14 years$2,352$2,036$1,756$1,511$1,297$1,043
15 years$2,173$1,860$1,586$1,348$1,142$902
16 years$2,016$1,706$1,438$1,207$1,009$782
17 years$1,878$1,571$1,308$1,084$895$680
18 years$1,755$1,452$1,194$977$796$593
19 years$1,645$1,346$1,093$883$709$518
20 years$1,546$1,251$1,003$800$633$453
21 years$1,457$1,165$923$726$567$398
22 years$1,376$1,087$851$660$508$349
23 years$1,303$1,017$785$601$456$307
24 years$1,235$953$726$548$410$270
25 years$1,173$894$673$501$369$238
26 years$1,116$840$624$458$332$209
27 years$1,063$791$579$419$300$185
28 years$1,014$745$539$384$270$163
29 years$969$703$501$352$244$144
30 years$926$664$467$323$221$127
31 years$887$628$435$297$199$112
32 years$850$594$406$273$180$99
33 years$815$562$379$251$163$88
34 years$782$533$354$231$148$78
35 years$752$506$331$212$134$69
36 years$723$480$310$196$121$61
37 years$695$456$290$180$110$54
38 years$670$433$272$166$100$48
39 years$645$412$254$153$90$42
40 years$622$392$239$141$82$37
41 years$600$373$224$130$74$33
42 years$579$355$210$120$67$29
43 years$559$338$197$111$61$26
44 years$541$323$185$103$56$23
45 years$523$308$174$95$50$20
46 years$505$294$163$87$46$18
47 years$489$280$153$81$42$16
48 years$473$267$144$75$38$14
49 years$459$255$135$69$34$13
50 years$444$244$127$64$31$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $455,000, adding $6,522 every year, while hoping to spend $27,638 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: 84/9/7 Blend
29$455,000$455,000$455,000$455,000
30$508,137$484,022$476,970$549,954
31$530,561$478,333$463,542$572,542
32$554,345$471,438$448,738$592,922
33$579,600$463,250$432,482$614,440
34$606,445$453,676$414,696$637,190
35$635,012$442,615$395,298$661,280
36$665,444$429,964$374,201$686,827
37$697,898$415,611$351,316$713,958
38$732,547$399,439$326,548$742,817
39$769,579$381,324$299,800$773,558
40$809,201$361,134$270,968$806,353
41$851,641$338,731$239,946$841,392
42$897,145$313,966$206,622$878,883
43$945,989$286,685$170,878$919,055
44$998,470$256,723$132,593$962,162
45$1,054,919$223,907$91,640$1,008,482
46$1,115,695$188,053$47,884$1,058,323
47$1,181,195$148,967$1,187$1,112,023
48$1,251,855$106,444$0$1,169,956
49$1,328,152$60,268$0$1,236,167
50$1,410,614$10,211$0$1,307,806
51$1,499,816$0$0$1,385,297
52$1,596,395$0$0$1,473,559
53$1,701,048$0$0$1,570,302
54$1,814,543$0$0$1,675,226
55$1,937,724$0$0$1,789,112
56$2,071,520$0$0$1,912,819
57$2,216,951$0$0$2,047,292
58$2,375,142$0$0$2,193,572
59$2,547,328$0$0$2,352,802
60$2,734,870$0$0$2,526,242
61$2,939,263$0$0$2,715,276
62$3,162,157$0$0$2,921,429
63$3,405,363$0$0$3,146,380
64$3,670,876$0$0$3,391,975
65$3,960,895$0$0$3,660,248
66$4,277,836$0$0$3,953,436
67$4,624,363$0$0$4,274,005
68$5,003,406$0$0$4,624,668
69$5,418,194$0$0$5,008,411
70$5,872,279$0$0$5,428,526
71$6,369,577$0$0$5,888,633
72$6,914,396$0$0$6,392,723
73$7,511,483$0$0$6,945,189
74$8,166,065$0$0$7,550,869
75$8,883,899$0$0$8,215,093
76$9,671,327$0$0$8,943,730
77$10,535,332$0$0$9,743,244
78$11,483,608$0$0$10,620,758
79$12,524,629$0$0$11,584,114
80$13,667,729$0$0$12,641,954
81$14,923,192$0$0$13,803,796
82$16,302,344$0$0$15,080,125
83$17,817,665$0$0$16,482,493
84$19,482,902$0$0$18,023,624
85$21,313,200$0$0$19,717,538
86$23,325,244$0$0$21,579,680
87$25,537,417$0$0$23,627,065
88$27,969,971$0$0$25,878,440
89$30,645,219$0$0$28,354,461
90$33,587,745$0$0$31,077,882
91$36,824,636$0$0$34,073,778
92$40,385,733$0$0$37,369,772
93$44,303,920$0$0$40,996,303
94$48,615,425$0$0$44,986,906
95$53,360,168$0$0$49,378,534
96$58,582,132$0$0$54,211,901
97$64,329,783$0$0$59,531,869
98$70,656,521$0$0$65,387,870
99$77,621,186$0$0$71,834,372
100$85,288,615$0$0$78,931,390