Can I retire at age 30 with 391,000?

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 $391,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$32,288$32,001$31,720$31,446$31,179$30,364
2 years$15,984$15,687$15,398$15,118$14,847$14,031
3 years$10,550$10,251$9,964$9,687$9,420$8,629
4 years$7,834$7,536$7,251$6,979$6,718$5,958
5 years$6,204$5,908$5,627$5,360$5,107$4,380
6 years$5,119$4,825$4,547$4,287$4,041$3,348
7 years$4,343$4,052$3,779$3,524$3,286$2,628
8 years$3,762$3,473$3,205$2,956$2,726$2,101
9 years$3,310$3,024$2,760$2,518$2,296$1,704
10 years$2,949$2,665$2,407$2,171$1,956$1,396
11 years$2,653$2,373$2,119$1,889$1,683$1,154
12 years$2,407$2,130$1,880$1,657$1,458$960
13 years$2,199$1,925$1,680$1,463$1,271$803
14 years$2,021$1,749$1,509$1,299$1,115$675
15 years$1,867$1,598$1,363$1,158$981$569
16 years$1,732$1,466$1,236$1,037$867$481
17 years$1,613$1,350$1,124$932$769$408
18 years$1,508$1,248$1,026$840$684$346
19 years$1,414$1,156$940$759$609$294
20 years$1,329$1,075$862$687$544$251
21 years$1,252$1,001$793$624$487$214
22 years$1,183$934$731$567$437$183
23 years$1,119$874$675$516$392$156
24 years$1,061$819$624$471$352$134
25 years$1,008$768$578$430$317$114
26 years$959$722$536$393$286$98
27 years$914$680$498$360$257$84
28 years$871$640$463$330$232$72
29 years$832$604$431$302$210$62
30 years$796$571$401$278$190$53
31 years$762$539$374$255$171$45
32 years$730$510$349$234$155$39
33 years$700$483$326$215$140$33
34 years$672$458$304$198$127$29
35 years$646$434$285$182$115$25
36 years$621$412$266$168$104$21
37 years$598$392$249$155$94$18
38 years$575$372$233$143$86$16
39 years$554$354$219$132$78$13
40 years$535$337$205$121$70$11
41 years$516$321$192$112$64$10
42 years$498$305$180$103$58$8
43 years$481$291$169$95$53$7
44 years$465$277$159$88$48$6
45 years$449$264$149$81$43$5
46 years$434$252$140$75$39$5
47 years$420$241$132$69$36$4
48 years$407$230$124$64$32$3
49 years$394$219$116$59$29$3
50 years$382$210$109$55$27$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $391,000, adding $2,639 every year, while hoping to spend $21,277 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: 79/16/5 Blend
29$391,000$391,000$391,000$391,000
30$433,604$412,881$406,821$467,562
31$455,193$410,474$397,811$487,772
32$478,271$407,235$387,786$506,866
33$502,968$403,103$376,689$527,166
34$529,424$398,009$364,462$548,780
35$557,797$391,882$351,043$571,830
36$588,256$384,649$336,367$596,447
37$620,990$376,228$320,367$622,779
38$656,203$366,535$302,971$650,987
39$694,122$355,482$284,107$681,248
40$734,995$342,973$263,697$713,759
41$779,094$328,908$241,661$748,737
42$826,719$313,182$217,913$786,419
43$878,198$295,682$192,368$827,069
44$933,894$276,290$164,932$870,977
45$994,204$254,881$135,509$918,464
46$1,059,564$231,321$104,000$969,882
47$1,130,456$205,472$70,300$1,025,621
48$1,207,407$177,185$34,300$1,086,111
49$1,290,999$146,303$0$1,151,825
50$1,381,871$112,662$0$1,223,506
51$1,480,726$76,087$0$1,303,479
52$1,588,339$36,394$0$1,390,553
53$1,705,561$0$0$1,485,438
54$1,833,328$0$0$1,590,079
55$1,972,672$0$0$1,711,201
56$2,124,728$0$0$1,843,384
57$2,290,746$0$0$1,987,715
58$2,472,100$0$0$2,145,392
59$2,670,305$0$0$2,317,732
60$2,887,027$0$0$2,506,186
61$3,124,102$0$0$2,712,352
62$3,383,550$0$0$2,937,988
63$3,667,597$0$0$3,185,032
64$3,978,693$0$0$3,455,617
65$4,319,536$0$0$3,752,092
66$4,693,099$0$0$4,077,043
67$5,102,653$0$0$4,433,319
68$5,551,803$0$0$4,824,059
69$6,044,521$0$0$5,252,718
70$6,585,178$0$0$5,723,104
71$7,178,592$0$0$6,239,409
72$7,830,069$0$0$6,806,252
73$8,545,453$0$0$7,428,722
74$9,331,183$0$0$8,112,423
75$10,194,351$0$0$8,863,530
76$11,142,771$0$0$9,688,844
77$12,185,051$0$0$10,595,859
78$13,330,673$0$0$11,592,831
79$14,590,085$0$0$12,688,853
80$15,974,797$0$0$13,893,947
81$17,497,491$0$0$15,219,152
82$19,172,137$0$0$16,676,630
83$21,014,128$0$0$18,279,782
84$23,040,426$0$0$20,043,373
85$25,269,716$0$0$21,983,671
86$27,722,587$0$0$24,118,599
87$30,421,725$0$0$26,467,906
88$33,392,125$0$0$29,053,353
89$36,661,329$0$0$31,898,916
90$40,259,682$0$0$35,031,013
91$44,220,623$0$0$38,478,754
92$48,580,995$0$0$42,274,213
93$53,381,396$0$0$46,452,734
94$58,666,560$0$0$51,053,260
95$64,485,778$0$0$56,118,704
96$70,893,367$0$0$61,696,351
97$77,949,175$0$0$67,838,304
98$85,719,154$0$0$74,601,977
99$94,275,974$0$0$82,050,637
100$103,699,715$0$0$90,253,996