Can I retire at age 30 with 260,000?

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 $260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$21,471$21,279$21,093$20,911$20,733$20,306
2 years$10,629$10,431$10,239$10,053$9,873$9,445
3 years$7,016$6,817$6,625$6,441$6,264$5,848
4 years$5,209$5,011$4,822$4,640$4,467$4,067
5 years$4,126$3,929$3,742$3,564$3,396$3,012
6 years$3,404$3,208$3,024$2,850$2,687$2,320
7 years$2,888$2,694$2,513$2,344$2,185$1,835
8 years$2,502$2,309$2,131$1,966$1,813$1,479
9 years$2,201$2,011$1,836$1,675$1,527$1,210
10 years$1,961$1,772$1,600$1,443$1,301$1,000
11 years$1,764$1,578$1,409$1,256$1,119$834
12 years$1,601$1,416$1,250$1,102$970$700
13 years$1,463$1,280$1,117$973$845$591
14 years$1,344$1,163$1,004$864$741$501
15 years$1,242$1,063$906$770$653$427
16 years$1,152$975$822$690$577$364
17 years$1,073$898$748$620$511$312
18 years$1,003$830$682$558$455$268
19 years$940$769$625$505$405$230
20 years$884$715$573$457$362$198
21 years$833$666$527$415$324$171
22 years$786$621$486$377$290$148
23 years$744$581$449$343$261$127
24 years$706$544$415$313$234$110
25 years$670$511$384$286$211$95
26 years$638$480$357$262$190$83
27 years$607$452$331$239$171$72
28 years$579$426$308$219$154$62
29 years$553$402$286$201$139$54
30 years$529$379$267$185$126$47
31 years$507$359$249$170$114$41
32 years$485$339$232$156$103$35
33 years$466$321$217$143$93$31
34 years$447$305$202$132$84$27
35 years$429$289$189$121$76$23
36 years$413$274$177$112$69$20
37 years$397$260$166$103$63$17
38 years$383$248$155$95$57$15
39 years$369$235$145$88$52$13
40 years$355$224$136$81$47$11
41 years$343$213$128$74$42$10
42 years$331$203$120$69$39$9
43 years$320$193$112$63$35$7
44 years$309$184$106$59$32$7
45 years$299$176$99$54$29$6
46 years$289$168$93$50$26$5
47 years$280$160$87$46$24$4
48 years$271$153$82$43$22$4
49 years$262$146$77$39$20$3
50 years$254$139$73$36$18$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $260,000, adding $4,842 every year, while hoping to spend $21,749 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: 50/29/21 Blend
29$260,000$260,000$260,000$260,000
30$291,515$277,735$273,705$304,157
31$298,108$268,203$259,733$303,891
32$304,646$257,475$244,564$300,990
33$311,098$245,470$228,136$297,381
34$317,433$232,100$210,381$293,008
35$323,614$217,276$191,231$287,805
36$329,600$200,900$170,615$281,707
37$335,345$182,871$148,457$274,641
38$340,799$163,080$124,679$266,528
39$345,903$141,414$99,198$257,284
40$350,594$117,751$71,930$246,820
41$354,799$91,966$42,785$235,037
42$358,440$63,923$11,669$221,830
43$361,426$33,481$0$207,087
44$363,659$490$0$195,511
45$365,030$0$0$185,248
46$365,415$0$0$184,799
47$364,678$0$0$183,872
48$362,669$0$0$182,227
49$359,220$0$0$179,772
50$354,145$0$0$176,404
51$347,239$0$0$172,009
52$338,273$0$0$166,460
53$326,994$0$0$159,617
54$313,123$0$0$151,327
55$296,349$0$0$141,416
56$276,329$0$0$129,697
57$252,685$0$0$115,958
58$224,997$0$0$99,969
59$192,800$0$0$81,472
60$155,583$0$0$60,185
61$112,777$0$0$35,795
62$63,757$0$0$7,955
63$7,830$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0