Can I retire at age 30 with 361,000?

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 $361,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$29,811$29,546$29,286$29,034$28,787$28,439
2 years$14,758$14,483$14,217$13,958$13,708$13,358
3 years$9,741$9,465$9,199$8,943$8,697$8,355
4 years$7,233$6,958$6,695$6,443$6,203$5,872
5 years$5,728$5,455$5,195$4,949$4,715$4,397
6 years$4,726$4,454$4,199$3,958$3,731$3,426
7 years$4,010$3,741$3,489$3,254$3,034$2,742
8 years$3,473$3,207$2,959$2,730$2,517$2,237
9 years$3,056$2,792$2,549$2,325$2,120$1,853
10 years$2,723$2,461$2,222$2,004$1,806$1,551
11 years$2,450$2,191$1,956$1,744$1,553$1,311
12 years$2,223$1,966$1,736$1,530$1,346$1,116
13 years$2,031$1,777$1,551$1,351$1,174$955
14 years$1,866$1,615$1,394$1,199$1,029$821
15 years$1,724$1,476$1,258$1,069$906$709
16 years$1,599$1,354$1,141$957$801$615
17 years$1,490$1,247$1,038$860$710$534
18 years$1,392$1,152$948$775$631$465
19 years$1,305$1,068$867$701$563$406
20 years$1,227$992$796$634$503$355
21 years$1,156$924$732$576$450$311
22 years$1,092$863$675$524$403$273
23 years$1,033$807$623$477$362$240
24 years$980$756$576$435$325$211
25 years$931$709$534$397$293$186
26 years$885$667$495$363$264$163
27 years$843$628$460$332$238$144
28 years$805$591$427$305$214$127
29 years$768$558$398$279$194$112
30 years$735$527$370$256$175$99
31 years$703$498$345$235$158$87
32 years$674$471$322$216$143$77
33 years$646$446$301$199$130$68
34 years$621$423$281$183$117$60
35 years$596$401$263$168$106$53
36 years$573$381$246$155$96$47
37 years$552$362$230$143$87$42
38 years$531$344$215$132$79$37
39 years$512$327$202$122$72$33
40 years$494$311$189$112$65$29
41 years$476$296$177$103$59$26
42 years$460$282$166$95$54$23
43 years$444$269$156$88$49$20
44 years$429$256$147$81$44$18
45 years$415$244$138$75$40$16
46 years$401$233$129$69$36$14
47 years$388$222$121$64$33$12
48 years$376$212$114$59$30$11
49 years$364$203$107$55$27$10
50 years$352$194$101$51$25$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $361,000, adding $3,981 every year, while hoping to spend $26,387 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: 76/14/10 Blend
29$361,000$361,000$361,000$361,000
30$401,928$382,795$377,200$431,464
31$414,850$373,477$361,761$442,145
32$428,204$362,817$344,920$450,101
33$442,009$350,723$326,602$458,074
34$456,281$337,095$306,730$466,054
35$471,038$321,829$285,222$474,033
36$486,298$304,814$261,992$482,003
37$502,083$285,932$236,951$489,952
38$518,413$265,060$210,006$497,872
39$535,309$242,066$181,059$505,751
40$552,795$216,812$150,010$513,578
41$570,896$189,152$116,751$521,341
42$589,637$158,930$81,171$529,027
43$609,046$125,983$43,157$536,624
44$629,151$90,139$2,585$544,118
45$649,984$51,215$0$551,495
46$671,576$9,018$0$563,085
47$693,963$0$0$575,104
48$717,180$0$0$592,924
49$741,267$0$0$612,854
50$766,265$0$0$633,539
51$792,219$0$0$655,017
52$819,176$0$0$677,327
53$847,186$0$0$700,510
54$876,304$0$0$724,612
55$906,586$0$0$749,681
56$938,096$0$0$775,769
57$970,899$0$0$802,931
58$1,005,068$0$0$831,226
59$1,040,679$0$0$860,718
60$1,077,814$0$0$891,477
61$1,116,563$0$0$923,577
62$1,157,023$0$0$957,099
63$1,199,296$0$0$992,127
64$1,243,495$0$0$1,028,757
65$1,289,741$0$0$1,067,089
66$1,338,166$0$0$1,107,234
67$1,388,911$0$0$1,149,309
68$1,442,132$0$0$1,193,443
69$1,497,994$0$0$1,239,777
70$1,556,681$0$0$1,288,461
71$1,618,390$0$0$1,339,662
72$1,683,335$0$0$1,393,558
73$1,751,751$0$0$1,450,345
74$1,823,891$0$0$1,510,235
75$1,900,034$0$0$1,573,461
76$1,980,481$0$0$1,640,275
77$2,065,564$0$0$1,710,953
78$2,155,642$0$0$1,785,796
79$2,251,108$0$0$1,865,134
80$2,352,393$0$0$1,949,326
81$2,459,967$0$0$2,038,764
82$2,574,344$0$0$2,133,880
83$2,696,086$0$0$2,235,142
84$2,825,810$0$0$2,343,068
85$2,964,189$0$0$2,458,219
86$3,111,962$0$0$2,581,216
87$3,269,939$0$0$2,712,733
88$3,439,008$0$0$2,853,516
89$3,620,141$0$0$3,004,376
90$3,814,405$0$0$3,166,208
91$4,022,972$0$0$3,339,992
92$4,247,127$0$0$3,526,802
93$4,488,281$0$0$3,727,821
94$4,747,983$0$0$3,944,343
95$5,027,935$0$0$4,177,794
96$5,330,005$0$0$4,429,738
97$5,656,246$0$0$4,701,893
98$6,008,915$0$0$4,996,148
99$6,390,492$0$0$5,314,578
100$6,803,703$0$0$5,659,467