Can I retire at age 30 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$31,463$31,182$30,909$30,642$30,381$29,903
2 years$15,576$15,285$15,004$14,732$14,467$13,986
3 years$10,281$9,989$9,709$9,439$9,179$8,710
4 years$7,634$7,343$7,066$6,800$6,546$6,094
5 years$6,046$5,757$5,483$5,223$4,976$4,542
6 years$4,988$4,701$4,431$4,177$3,938$3,521
7 years$4,232$3,948$3,682$3,434$3,202$2,804
8 years$3,666$3,384$3,123$2,881$2,657$2,276
9 years$3,225$2,947$2,690$2,454$2,237$1,875
10 years$2,873$2,597$2,345$2,115$1,906$1,562
11 years$2,586$2,312$2,064$1,841$1,639$1,312
12 years$2,346$2,075$1,832$1,615$1,421$1,110
13 years$2,143$1,875$1,637$1,426$1,239$945
14 years$1,970$1,705$1,471$1,265$1,086$808
15 years$1,819$1,557$1,328$1,129$956$693
16 years$1,688$1,429$1,204$1,010$845$597
17 years$1,572$1,316$1,096$908$749$516
18 years$1,469$1,216$1,000$818$666$446
19 years$1,377$1,127$916$739$594$387
20 years$1,295$1,047$840$670$530$336
21 years$1,220$975$773$608$475$293
22 years$1,153$910$712$553$425$255
23 years$1,091$852$658$503$382$222
24 years$1,034$798$608$459$343$194
25 years$982$749$563$419$309$170
26 years$934$704$522$383$278$148
27 years$890$662$485$351$251$130
28 years$849$624$451$321$226$114
29 years$811$589$420$295$204$99
30 years$776$556$391$270$185$87
31 years$742$526$364$248$167$76
32 years$711$497$340$228$151$67
33 years$682$471$318$210$137$59
34 years$655$446$297$193$124$52
35 years$629$423$277$178$112$45
36 years$605$402$259$164$102$40
37 years$582$382$243$151$92$35
38 years$561$363$227$139$83$31
39 years$540$345$213$128$76$27
40 years$521$328$200$118$69$24
41 years$503$312$187$109$62$21
42 years$485$297$176$101$57$18
43 years$468$283$165$93$51$16
44 years$453$270$155$86$47$14
45 years$438$258$145$79$42$12
46 years$423$246$136$73$38$11
47 years$410$235$128$68$35$10
48 years$396$224$120$63$32$8
49 years$384$214$113$58$29$7
50 years$372$204$106$53$26$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $381,000, adding $3,737 every year, while hoping to spend $26,545 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: 25/45/30 Blend
29$381,000$381,000$381,000$381,000
30$423,717$403,524$397,618$430,277
31$438,692$395,053$382,695$427,626
32$454,305$385,277$366,382$422,306
33$470,593$374,104$348,604$416,060
34$487,596$361,438$329,285$408,830
35$505,357$347,174$308,342$400,553
36$523,922$331,205$285,690$391,164
37$543,342$313,413$261,241$380,595
38$563,671$293,679$234,900$368,775
39$584,969$271,872$206,572$355,629
40$607,298$247,856$176,155$341,079
41$630,729$221,488$143,543$325,043
42$655,336$192,614$108,625$307,436
43$681,203$161,074$71,285$288,169
44$708,416$126,697$31,405$267,148
45$737,074$89,305$0$244,277
46$767,282$48,707$0$223,025
47$799,154$4,704$0$210,676
48$832,816$0$0$197,101
49$868,404$0$0$203,485
50$906,068$0$0$212,735
51$945,969$0$0$222,565
52$988,286$0$0$233,025
53$1,033,213$0$0$244,166
54$1,080,962$0$0$256,046
55$1,131,765$0$0$268,727
56$1,185,878$0$0$282,278
57$1,243,579$0$0$296,775
58$1,305,173$0$0$312,300
59$1,370,994$0$0$328,945
60$1,441,408$0$0$346,808
61$1,516,817$0$0$365,999
62$1,597,663$0$0$386,637
63$1,684,428$0$0$408,855
64$1,777,642$0$0$432,797
65$1,877,889$0$0$458,621
66$1,985,807$0$0$486,502
67$2,102,099$0$0$516,632
68$2,227,535$0$0$549,221
69$2,362,962$0$0$584,501
70$2,509,313$0$0$622,726
71$2,667,608$0$0$664,176
72$2,838,974$0$0$709,158
73$3,024,646$0$0$758,012
74$3,225,984$0$0$811,110
75$3,444,482$0$0$868,860
76$3,681,785$0$0$931,714
77$3,939,700$0$0$1,000,167
78$4,220,218$0$0$1,074,765
79$4,525,526$0$0$1,156,109
80$4,858,034$0$0$1,244,858
81$5,220,390$0$0$1,341,741
82$5,615,513$0$0$1,447,558
83$6,046,611$0$0$1,563,191
84$6,517,218$0$0$1,689,610
85$7,031,224$0$0$1,827,883
86$7,592,909$0$0$1,979,187
87$8,206,988$0$0$2,144,817
88$8,878,650$0$0$2,326,199
89$9,613,611$0$0$2,524,905
90$10,418,161$0$0$2,742,664
91$11,299,231$0$0$2,981,381
92$12,264,449$0$0$3,243,155
93$13,322,220$0$0$3,530,296
94$14,481,798$0$0$3,845,351
95$15,753,375$0$0$4,191,122
96$17,148,178$0$0$4,570,699
97$18,678,571$0$0$4,987,483
98$20,358,174$0$0$5,445,222
99$22,201,991$0$0$5,948,045
100$24,226,546$0$0$6,500,498