Can I retire at age 30 with 382,000?

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 $382,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$31,545$31,264$30,990$30,722$30,461$29,822
2 years$15,616$15,326$15,044$14,770$14,505$13,864
3 years$10,308$10,015$9,734$9,464$9,203$8,580
4 years$7,654$7,362$7,084$6,818$6,564$5,964
5 years$6,062$5,772$5,498$5,237$4,989$4,414
6 years$5,001$4,713$4,443$4,188$3,948$3,398
7 years$4,243$3,958$3,692$3,443$3,211$2,686
8 years$3,675$3,393$3,131$2,888$2,664$2,165
9 years$3,234$2,954$2,697$2,460$2,243$1,769
10 years$2,881$2,604$2,351$2,121$1,911$1,462
11 years$2,592$2,318$2,070$1,846$1,644$1,218
12 years$2,352$2,081$1,837$1,619$1,424$1,022
13 years$2,149$1,880$1,641$1,429$1,242$862
14 years$1,975$1,709$1,475$1,269$1,089$731
15 years$1,824$1,561$1,331$1,131$959$622
16 years$1,692$1,433$1,207$1,013$847$530
17 years$1,576$1,319$1,098$910$751$454
18 years$1,473$1,219$1,003$820$668$389
19 years$1,381$1,130$918$741$595$334
20 years$1,298$1,050$842$671$532$288
21 years$1,223$978$775$609$476$248
22 years$1,156$913$714$554$427$214
23 years$1,094$854$659$505$383$185
24 years$1,037$800$610$460$344$160
25 years$985$751$565$420$310$138
26 years$937$706$524$384$279$119
27 years$893$664$486$352$252$103
28 years$851$626$452$322$227$90
29 years$813$590$421$296$205$78
30 years$778$557$392$271$185$67
31 years$744$527$365$249$167$58
32 years$713$499$341$229$151$51
33 years$684$472$318$210$137$44
34 years$657$448$297$194$124$38
35 years$631$424$278$178$112$33
36 years$607$403$260$164$102$29
37 years$584$383$244$151$92$25
38 years$562$364$228$139$84$22
39 years$542$346$214$129$76$19
40 years$522$329$200$119$69$16
41 years$504$313$188$109$62$14
42 years$486$298$176$101$57$12
43 years$470$284$165$93$51$11
44 years$454$271$155$86$47$9
45 years$439$258$146$79$42$8
46 years$424$246$137$73$38$7
47 years$411$235$129$68$35$6
48 years$398$224$121$63$32$5
49 years$385$214$114$58$29$5
50 years$373$205$107$54$26$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $382,000, adding $6,432 every year, while hoping to spend $33,368 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: 37/48/15 Blend
29$382,000$382,000$382,000$382,000
30$427,599$407,353$401,432$441,251
31$435,710$391,810$379,376$436,107
32$443,531$374,387$355,464$426,890
33$450,996$354,956$329,597$416,216
34$458,033$333,384$301,673$403,973
35$464,559$309,527$271,586$390,039
36$470,486$283,236$239,226$374,285
37$475,711$254,350$204,475$356,570
38$480,122$222,701$167,214$336,745
39$483,593$188,112$127,314$314,651
40$485,985$150,395$84,645$290,116
41$487,142$109,352$39,067$262,954
42$486,893$64,772$0$232,968
43$485,045$16,435$0$201,477
44$481,386$0$0$173,492
45$475,681$0$0$161,494
46$467,666$0$0$157,204
47$457,054$0$0$151,822
48$443,522$0$0$145,216
49$426,715$0$0$137,241
50$406,239$0$0$127,735
51$381,659$0$0$116,519
52$352,492$0$0$103,395
53$318,205$0$0$88,144
54$278,208$0$0$70,525
55$231,850$0$0$50,271
56$178,408$0$0$27,087
57$117,087$0$0$645
58$47,007$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$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