Can I retire at age 30 with 329,000?

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 $329,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$27,169$26,927$26,690$26,460$26,235$25,254
2 years$13,450$13,199$12,957$12,721$12,493$11,516
3 years$8,877$8,626$8,384$8,151$7,926$6,983
4 years$6,592$6,341$6,101$5,872$5,653$4,752
5 years$5,221$4,971$4,735$4,510$4,297$3,441
6 years$4,307$4,059$3,826$3,607$3,400$2,588
7 years$3,654$3,409$3,180$2,965$2,765$1,998
8 years$3,165$2,922$2,697$2,488$2,294$1,571
9 years$2,785$2,544$2,323$2,119$1,932$1,251
10 years$2,481$2,243$2,025$1,827$1,646$1,007
11 years$2,233$1,997$1,783$1,590$1,416$817
12 years$2,026$1,792$1,582$1,394$1,227$667
13 years$1,851$1,619$1,414$1,231$1,070$547
14 years$1,701$1,472$1,270$1,093$938$450
15 years$1,571$1,345$1,147$975$826$372
16 years$1,458$1,234$1,040$873$730$308
17 years$1,358$1,136$946$784$647$255
18 years$1,269$1,050$864$707$575$212
19 years$1,189$973$791$638$513$177
20 years$1,118$904$726$578$458$147
21 years$1,054$842$667$525$410$123
22 years$995$786$615$477$367$103
23 years$942$735$568$435$330$86
24 years$893$689$525$396$296$72
25 years$848$647$486$362$267$60
26 years$807$608$451$331$240$50
27 years$769$572$419$303$217$42
28 years$733$539$389$278$195$35
29 years$700$508$362$255$177$29
30 years$670$480$338$234$159$25
31 years$641$454$315$215$144$21
32 years$614$429$294$197$130$17
33 years$589$407$274$181$118$14
34 years$566$385$256$167$107$12
35 years$543$366$240$154$97$10
36 years$523$347$224$141$88$9
37 years$503$330$210$130$79$7
38 years$484$313$196$120$72$6
39 years$467$298$184$111$65$5
40 years$450$283$172$102$59$4
41 years$434$270$162$94$54$4
42 years$419$257$152$87$49$3
43 years$405$245$142$80$44$2
44 years$391$233$134$74$40$2
45 years$378$222$125$68$36$2
46 years$366$212$118$63$33$1
47 years$354$203$111$58$30$1
48 years$342$193$104$54$27$1
49 years$332$185$98$50$25$1
50 years$321$176$92$46$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $329,000, adding $4,771 every year, while hoping to spend $24,154 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: 66/28/6 Blend
29$329,000$329,000$329,000$329,000
30$367,479$350,042$344,943$391,071
31$379,263$341,495$330,799$398,796
32$391,438$331,719$315,371$403,891
33$404,021$320,629$298,592$408,814
34$417,025$308,134$280,389$413,545
35$430,467$294,138$260,688$418,063
36$444,365$278,541$239,411$422,346
37$458,734$261,233$216,475$426,370
38$473,594$242,103$191,796$430,110
39$488,964$221,029$165,284$433,538
40$504,864$197,885$136,847$436,628
41$521,315$172,537$106,387$439,348
42$538,341$144,843$73,803$441,668
43$555,965$114,653$38,988$443,554
44$574,211$81,809$1,832$444,972
45$593,108$46,145$0$445,885
46$612,682$7,483$0$448,675
47$632,964$0$0$451,162
48$653,984$0$0$463,783
49$675,778$0$0$479,260
50$698,379$0$0$495,312
51$721,826$0$0$511,968
52$746,160$0$0$529,256
53$771,423$0$0$547,207
54$797,661$0$0$565,854
55$824,924$0$0$585,232
56$853,263$0$0$605,379
57$882,735$0$0$626,335
58$913,400$0$0$648,144
59$945,322$0$0$670,852
60$978,571$0$0$694,508
61$1,013,222$0$0$719,168
62$1,049,355$0$0$744,888
63$1,087,055$0$0$771,731
64$1,126,418$0$0$799,765
65$1,167,542$0$0$829,061
66$1,210,537$0$0$859,699
67$1,255,521$0$0$891,763
68$1,302,621$0$0$925,345
69$1,351,974$0$0$960,545
70$1,403,731$0$0$997,472
71$1,458,053$0$0$1,036,242
72$1,515,118$0$0$1,076,982
73$1,575,115$0$0$1,119,833
74$1,638,255$0$0$1,164,943
75$1,704,762$0$0$1,212,478
76$1,774,885$0$0$1,262,615
77$1,848,892$0$0$1,315,550
78$1,927,075$0$0$1,371,496
79$2,009,756$0$0$1,430,683
80$2,097,283$0$0$1,493,365
81$2,190,038$0$0$1,559,818
82$2,288,437$0$0$1,630,345
83$2,392,935$0$0$1,705,275
84$2,504,031$0$0$1,784,970
85$2,622,270$0$0$1,869,825
86$2,748,248$0$0$1,960,274
87$2,882,620$0$0$2,056,789
88$3,026,099$0$0$2,159,891
89$3,179,472$0$0$2,270,149
90$3,343,596$0$0$2,388,186
91$3,519,416$0$0$2,514,687
92$3,707,964$0$0$2,650,403
93$3,910,376$0$0$2,796,158
94$4,127,897$0$0$2,952,855
95$4,361,892$0$0$3,121,486
96$4,613,862$0$0$3,303,143
97$4,885,456$0$0$3,499,021
98$5,178,484$0$0$3,710,437
99$5,494,933$0$0$3,938,833
100$5,836,990$0$0$4,185,799