Can I retire at age 30 with 382,000?

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 $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%13.1%
1 years$31,545$31,264$30,990$30,722$30,461$30,068
2 years$15,616$15,326$15,044$14,770$14,505$14,110
3 years$10,308$10,015$9,734$9,464$9,203$8,817
4 years$7,654$7,362$7,084$6,818$6,564$6,191
5 years$6,062$5,772$5,498$5,237$4,989$4,631
6 years$5,001$4,713$4,443$4,188$3,948$3,604
7 years$4,243$3,958$3,692$3,443$3,211$2,881
8 years$3,675$3,393$3,131$2,888$2,664$2,348
9 years$3,234$2,954$2,697$2,460$2,243$1,942
10 years$2,881$2,604$2,351$2,121$1,911$1,624
11 years$2,592$2,318$2,070$1,846$1,644$1,371
12 years$2,352$2,081$1,837$1,619$1,424$1,165
13 years$2,149$1,880$1,641$1,429$1,242$996
14 years$1,975$1,709$1,475$1,269$1,089$856
15 years$1,824$1,561$1,331$1,131$959$738
16 years$1,692$1,433$1,207$1,013$847$639
17 years$1,576$1,319$1,098$910$751$554
18 years$1,473$1,219$1,003$820$668$482
19 years$1,381$1,130$918$741$595$420
20 years$1,298$1,050$842$671$532$367
21 years$1,223$978$775$609$476$321
22 years$1,156$913$714$554$427$281
23 years$1,094$854$659$505$383$247
24 years$1,037$800$610$460$344$217
25 years$985$751$565$420$310$190
26 years$937$706$524$384$279$167
27 years$893$664$486$352$252$147
28 years$851$626$452$322$227$130
29 years$813$590$421$296$205$114
30 years$778$557$392$271$185$101
31 years$744$527$365$249$167$89
32 years$713$499$341$229$151$78
33 years$684$472$318$210$137$69
34 years$657$448$297$194$124$61
35 years$631$424$278$178$112$54
36 years$607$403$260$164$102$47
37 years$584$383$244$151$92$42
38 years$562$364$228$139$84$37
39 years$542$346$214$129$76$33
40 years$522$329$200$119$69$29
41 years$504$313$188$109$62$25
42 years$486$298$176$101$57$23
43 years$470$284$165$93$51$20
44 years$454$271$155$86$47$18
45 years$439$258$146$79$42$16
46 years$424$246$137$73$38$14
47 years$411$235$129$68$35$12
48 years$398$224$121$63$32$11
49 years$385$214$114$58$29$9
50 years$373$205$107$54$26$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $382,000, adding $5,160 every year, while hoping to spend $51,337 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: 44/44/12 Blend
29$382,000$382,000$382,000$382,000
30$426,287$406,041$400,120$443,358
31$415,146$371,314$358,901$421,039
32$401,148$333,166$314,582$391,269
33$383,947$291,374$267,003$357,863
34$363,162$245,703$215,999$320,508
35$338,367$195,905$161,398$278,863
36$309,096$141,720$103,021$232,558
37$274,830$82,871$40,678$181,190
38$234,997$19,065$0$124,324
39$188,963$0$0$64,795
40$136,028$0$0$28,761
41$75,419$0$0$0
42$6,282$0$0$0
43$0$0$0$0
44$0$0$0$0
45$0$0$0$0
46$0$0$0$0
47$0$0$0$0
48$0$0$0$0
49$0$0$0$0
50$0$0$0$0
51$0$0$0$0
52$0$0$0$0
53$0$0$0$0
54$0$0$0$0
55$0$0$0$0
56$0$0$0$0
57$0$0$0$0
58$0$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