Can I retire at age 30 with 369,000?

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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$30,472$30,200$29,935$29,677$29,425$28,597
2 years$15,085$14,804$14,532$14,268$14,012$13,185
3 years$9,957$9,675$9,403$9,141$8,890$8,088
4 years$7,393$7,112$6,843$6,586$6,340$5,571
5 years$5,855$5,576$5,310$5,059$4,820$4,085
6 years$4,831$4,553$4,292$4,045$3,814$3,114
7 years$4,099$3,824$3,566$3,326$3,102$2,437
8 years$3,550$3,278$3,025$2,790$2,573$1,943
9 years$3,124$2,854$2,605$2,377$2,167$1,571
10 years$2,783$2,515$2,271$2,049$1,846$1,283
11 years$2,504$2,239$1,999$1,783$1,588$1,057
12 years$2,272$2,010$1,774$1,564$1,376$877
13 years$2,076$1,816$1,585$1,381$1,200$731
14 years$1,908$1,651$1,424$1,226$1,052$612
15 years$1,762$1,508$1,286$1,093$926$514
16 years$1,635$1,384$1,166$979$818$433
17 years$1,523$1,274$1,061$879$726$366
18 years$1,423$1,178$969$792$645$309
19 years$1,334$1,091$887$716$575$262
20 years$1,254$1,014$814$649$514$223
21 years$1,182$945$749$589$460$189
22 years$1,116$882$690$535$412$161
23 years$1,056$825$637$487$370$137
24 years$1,002$773$589$445$332$117
25 years$951$725$546$406$299$99
26 years$905$682$506$371$270$85
27 years$862$641$470$340$243$72
28 years$822$604$437$311$219$62
29 years$786$570$407$285$198$53
30 years$751$538$379$262$179$45
31 years$719$509$353$241$162$38
32 years$689$482$329$221$146$33
33 years$661$456$308$203$132$28
34 years$634$432$287$187$120$24
35 years$610$410$269$172$109$21
36 years$586$389$251$159$98$18
37 years$564$370$235$146$89$15
38 years$543$351$220$135$81$13
39 years$523$334$206$124$73$11
40 years$504$318$193$115$66$9
41 years$487$303$181$106$60$8
42 years$470$288$170$98$55$7
43 years$454$275$160$90$50$6
44 years$438$262$150$83$45$5
45 years$424$250$141$77$41$4
46 years$410$238$132$71$37$4
47 years$397$227$124$66$34$3
48 years$384$217$117$61$31$3
49 years$372$207$110$56$28$2
50 years$360$198$103$52$25$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $369,000, adding $5,585 every year, while hoping to spend $30,989 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: 66/6/28 Blend
29$369,000$369,000$369,000$369,000
30$412,399$392,842$387,122$436,238
31$421,492$379,119$367,119$439,284
32$430,473$363,685$345,407$438,644
33$439,299$346,424$321,896$437,259
34$447,921$327,212$296,492$435,057
35$456,282$305,918$269,098$431,961
36$464,320$282,405$239,610$427,888
37$471,965$256,527$207,921$422,746
38$479,138$228,130$173,920$416,437
39$485,753$197,052$137,489$408,852
40$491,712$163,119$98,507$399,876
41$496,905$126,151$56,845$389,380
42$501,212$85,955$12,372$377,225
43$504,497$42,328$0$363,262
44$506,611$0$0$357,807
45$507,385$0$0$355,152
46$506,635$0$0$354,170
47$504,155$0$0$351,915
48$499,716$0$0$348,221
49$493,065$0$0$342,903
50$483,920$0$0$335,757
51$471,970$0$0$326,555
52$456,869$0$0$315,046
53$438,237$0$0$300,951
54$415,649$0$0$283,962
55$388,637$0$0$263,738
56$356,684$0$0$239,901
57$319,217$0$0$212,036
58$275,602$0$0$179,679
59$225,138$0$0$142,322
60$167,052$0$0$99,399
61$100,488$0$0$50,290
62$24,501$0$0$0
63$0$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