Can I retire at age 30 with 317,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $317,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$26,178$25,944$25,717$25,495$25,278$24,677
2 years$12,959$12,718$12,484$12,257$12,037$11,435
3 years$8,554$8,311$8,078$7,853$7,637$7,053
4 years$6,351$6,110$5,879$5,658$5,447$4,885
5 years$5,030$4,790$4,562$4,346$4,140$3,602
6 years$4,150$3,911$3,687$3,475$3,276$2,763
7 years$3,521$3,285$3,064$2,857$2,664$2,175
8 years$3,050$2,816$2,598$2,397$2,210$1,746
9 years$2,684$2,452$2,238$2,042$1,861$1,421
10 years$2,391$2,161$1,951$1,760$1,586$1,169
11 years$2,151$1,924$1,718$1,532$1,364$970
12 years$1,952$1,727$1,524$1,343$1,182$810
13 years$1,783$1,560$1,362$1,186$1,031$680
14 years$1,639$1,418$1,224$1,053$904$574
15 years$1,514$1,296$1,105$939$796$486
16 years$1,404$1,189$1,002$841$703$412
17 years$1,308$1,095$912$755$623$351
18 years$1,223$1,012$832$681$554$299
19 years$1,146$938$762$615$494$256
20 years$1,077$871$699$557$441$219
21 years$1,015$812$643$506$395$188
22 years$959$758$593$460$354$161
23 years$908$709$547$419$318$138
24 years$860$664$506$382$286$119
25 years$817$623$469$349$257$102
26 years$777$585$435$319$232$88
27 years$741$551$404$292$209$76
28 years$707$519$375$267$188$65
29 years$675$490$349$245$170$56
30 years$645$463$325$225$154$48
31 years$618$437$303$207$139$42
32 years$592$414$283$190$126$36
33 years$568$392$264$175$114$31
34 years$545$371$247$161$103$27
35 years$524$352$231$148$93$23
36 years$503$334$216$136$85$20
37 years$484$318$202$126$77$17
38 years$466$302$189$116$69$15
39 years$449$287$177$107$63$13
40 years$433$273$166$98$57$11
41 years$418$260$156$91$52$10
42 years$404$248$146$84$47$8
43 years$390$236$137$77$43$7
44 years$377$225$129$71$39$6
45 years$364$214$121$66$35$5
46 years$352$204$114$61$32$5
47 years$341$195$107$56$29$4
48 years$330$186$100$52$26$3
49 years$319$178$94$48$24$3
50 years$310$170$89$44$22$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $317,000, adding $5,925 every year, while hoping to spend $20,004 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: 46/30/24 Blend
29$317,000$317,000$317,000$317,000
30$355,446$338,645$333,731$369,107
31$370,417$333,954$323,627$374,622
32$386,245$328,363$312,514$378,177
33$402,996$321,807$300,337$381,632
34$420,742$314,216$287,039$384,991
35$439,562$305,517$272,559$388,253
36$459,543$295,633$256,836$391,424
37$480,780$284,482$239,803$394,510
38$503,374$271,977$221,391$397,518
39$527,441$258,026$201,530$400,459
40$553,103$242,532$180,144$403,347
41$580,496$225,393$157,156$406,199
42$609,769$206,500$132,483$409,036
43$641,085$185,738$106,040$411,884
44$674,622$162,986$77,739$414,772
45$710,576$138,115$47,487$417,738
46$749,164$110,991$15,186$420,822
47$790,619$81,470$0$424,076
48$835,201$49,402$0$432,495
49$883,196$14,626$0$445,677
50$934,913$0$0$459,836
51$990,698$0$0$482,690
52$1,050,926$0$0$512,606
53$1,116,011$0$0$544,965
54$1,186,408$0$0$579,997
55$1,262,618$0$0$617,954
56$1,345,189$0$0$659,115
57$1,434,727$0$0$703,786
58$1,531,897$0$0$752,303
59$1,637,429$0$0$805,035
60$1,752,127$0$0$862,391
61$1,876,876$0$0$924,816
62$2,012,650$0$0$992,804
63$2,160,520$0$0$1,066,897
64$2,321,663$0$0$1,147,692
65$2,497,377$0$0$1,235,845
66$2,689,090$0$0$1,332,079
67$2,898,371$0$0$1,437,190
68$3,126,953$0$0$1,552,052
69$3,376,737$0$0$1,677,632
70$3,649,820$0$0$1,814,989
71$3,948,511$0$0$1,965,293
72$4,275,350$0$0$2,129,831
73$4,633,135$0$0$2,310,021
74$5,024,949$0$0$2,507,422
75$5,454,182$0$0$2,723,755
76$5,924,574$0$0$2,960,912
77$6,440,238$0$0$3,220,978
78$7,005,708$0$0$3,506,249
79$7,625,976$0$0$3,819,255
80$8,306,540$0$0$4,162,782
81$9,053,458$0$0$4,539,898
82$9,873,399$0$0$4,953,984
83$10,773,715$0$0$5,408,764
84$11,762,499$0$0$5,908,341
85$12,848,669$0$0$6,457,232
86$14,042,051$0$0$7,060,416
87$15,353,466$0$0$7,723,379
88$16,794,839$0$0$8,452,162
89$18,379,303$0$0$9,253,422
90$20,121,332$0$0$10,134,494
91$22,036,869$0$0$11,103,457
92$24,143,481$0$0$12,169,216
93$26,460,521$0$0$13,341,577
94$29,009,312$0$0$14,631,349
95$31,813,349$0$0$16,050,439
96$34,898,519$0$0$17,611,967
97$38,293,342$0$0$19,330,389
98$42,029,246$0$0$21,221,633
99$46,140,856$0$0$23,303,249
100$50,666,325$0$0$25,594,577