Can I retire at age 30 with 386,000?

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 $386,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$31,876$31,592$31,315$31,044$30,780$29,855
2 years$15,780$15,486$15,201$14,925$14,657$13,733
3 years$10,415$10,120$9,836$9,563$9,299$8,404
4 years$7,734$7,440$7,158$6,889$6,632$5,774
5 years$6,125$5,833$5,555$5,292$5,042$4,223
6 years$5,053$4,763$4,489$4,232$3,989$3,210
7 years$4,288$4,000$3,731$3,479$3,244$2,505
8 years$3,714$3,429$3,164$2,919$2,692$1,991
9 years$3,268$2,985$2,725$2,486$2,267$1,605
10 years$2,911$2,631$2,376$2,143$1,931$1,307
11 years$2,619$2,342$2,092$1,865$1,661$1,073
12 years$2,377$2,102$1,856$1,636$1,439$887
13 years$2,171$1,900$1,658$1,444$1,255$737
14 years$1,995$1,727$1,490$1,282$1,100$615
15 years$1,843$1,578$1,345$1,143$969$515
16 years$1,710$1,448$1,220$1,024$856$432
17 years$1,593$1,333$1,110$920$759$364
18 years$1,489$1,232$1,013$829$675$307
19 years$1,396$1,142$928$749$602$259
20 years$1,312$1,061$851$678$537$219
21 years$1,236$988$783$616$481$185
22 years$1,168$922$722$560$431$157
23 years$1,105$863$666$510$387$133
24 years$1,048$808$616$465$348$113
25 years$995$759$571$425$313$96
26 years$947$713$529$388$282$81
27 years$902$671$492$355$254$69
28 years$860$632$457$326$229$59
29 years$822$596$425$299$207$50
30 years$786$563$396$274$187$43
31 years$752$532$369$252$169$36
32 years$721$504$345$231$153$31
33 years$691$477$322$213$138$26
34 years$664$452$301$196$125$22
35 years$638$429$281$180$114$19
36 years$613$407$263$166$103$16
37 years$590$387$246$153$93$14
38 years$568$367$230$141$85$12
39 years$547$349$216$130$77$10
40 years$528$332$202$120$70$9
41 years$509$316$190$111$63$7
42 years$491$301$178$102$57$6
43 years$475$287$167$94$52$5
44 years$459$274$157$87$47$4
45 years$443$261$147$80$43$4
46 years$429$249$138$74$39$3
47 years$415$238$130$69$35$3
48 years$402$227$122$63$32$2
49 years$389$217$115$59$29$2
50 years$377$207$108$54$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $386,000, adding $4,608 every year, while hoping to spend $25,268 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: 43/40/17 Blend
29$386,000$386,000$386,000$386,000
30$430,125$409,667$403,684$446,312
31$447,113$402,856$390,323$451,344
32$464,987$394,864$375,667$453,944
33$483,810$385,607$359,646$456,225
34$503,652$374,995$342,188$458,170
35$524,589$362,934$323,215$459,761
36$546,702$349,323$302,648$460,981
37$570,082$334,056$280,403$461,814
38$594,827$317,022$256,393$462,244
39$621,043$298,100$230,526$462,255
40$648,848$277,165$202,708$461,835
41$678,370$254,086$172,838$460,969
42$709,748$228,720$140,812$459,648
43$743,136$200,921$106,523$457,862
44$778,700$170,531$69,856$455,605
45$816,625$137,384$30,693$452,875
46$857,110$101,305$0$449,670
47$900,377$62,110$0$448,009
48$946,666$19,604$0$451,960
49$996,241$0$0$455,987
50$1,049,393$0$0$471,766
51$1,106,440$0$0$497,995
52$1,167,730$0$0$526,210
53$1,233,649$0$0$556,591
54$1,304,615$0$0$589,338
55$1,381,092$0$0$624,668
56$1,463,586$0$0$662,821
57$1,552,656$0$0$704,060
58$1,648,915$0$0$748,675
59$1,753,035$0$0$796,984
60$1,865,758$0$0$849,337
61$1,987,896$0$0$906,118
62$2,120,345$0$0$967,751
63$2,264,089$0$0$1,034,700
64$2,420,210$0$0$1,107,477
65$2,589,899$0$0$1,186,646
66$2,774,465$0$0$1,272,826
67$2,975,350$0$0$1,366,697
68$3,194,138$0$0$1,469,011
69$3,432,574$0$0$1,580,593
70$3,692,579$0$0$1,702,351
71$3,976,266$0$0$1,835,286
72$4,285,961$0$0$1,980,497
73$4,624,224$0$0$2,139,197
74$4,993,875$0$0$2,312,721
75$5,398,016$0$0$2,502,536
76$5,840,065$0$0$2,710,262
77$6,323,784$0$0$2,937,677
78$6,853,315$0$0$3,186,745
79$7,433,220$0$0$3,459,625
80$8,068,523$0$0$3,758,695
81$8,764,755$0$0$4,086,575
82$9,528,011$0$0$4,446,151
83$10,365,000$0$0$4,840,599
84$11,283,113$0$0$5,273,421
85$12,290,492$0$0$5,748,472
86$13,396,103$0$0$6,269,999
87$14,609,824$0$0$6,842,680
88$15,942,536$0$0$7,471,668
89$17,406,222$0$0$8,162,640
90$19,014,088$0$0$8,921,851
91$20,780,677$0$0$9,756,190
92$22,722,014$0$0$10,673,247
93$24,855,751$0$0$11,681,385
94$27,201,336$0$0$12,789,815
95$29,780,195$0$0$14,008,690
96$32,615,934$0$0$15,349,190
97$35,734,560$0$0$16,823,637
98$39,164,728$0$0$18,445,606
99$42,938,008$0$0$20,230,053
100$47,089,185$0$0$22,193,458