Can I retire at age 30 with 395,000?

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 $395,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$32,619$32,328$32,045$31,768$31,498$30,649
2 years$16,148$15,847$15,556$15,273$14,999$14,150
3 years$10,658$10,356$10,066$9,786$9,516$8,693
4 years$7,914$7,613$7,325$7,050$6,787$5,997
5 years$6,268$5,969$5,685$5,415$5,159$4,404
6 years$5,171$4,874$4,594$4,330$4,082$3,363
7 years$4,388$4,093$3,818$3,560$3,320$2,636
8 years$3,800$3,509$3,238$2,987$2,754$2,105
9 years$3,344$3,055$2,789$2,544$2,320$1,705
10 years$2,979$2,693$2,431$2,193$1,976$1,396
11 years$2,681$2,397$2,140$1,909$1,700$1,152
12 years$2,432$2,152$1,900$1,674$1,473$957
13 years$2,222$1,944$1,697$1,478$1,284$800
14 years$2,042$1,767$1,525$1,312$1,126$671
15 years$1,886$1,615$1,377$1,170$991$565
16 years$1,750$1,481$1,248$1,048$876$477
17 years$1,630$1,364$1,136$941$777$403
18 years$1,523$1,261$1,037$848$691$342
19 years$1,428$1,168$949$766$616$291
20 years$1,342$1,086$871$694$550$247
21 years$1,265$1,011$801$630$492$211
22 years$1,195$944$738$573$441$180
23 years$1,131$883$682$522$396$153
24 years$1,072$827$631$476$356$131
25 years$1,018$776$584$435$320$112
26 years$969$730$542$397$288$96
27 years$923$687$503$364$260$82
28 years$880$647$468$333$235$70
29 years$841$610$435$306$212$60
30 years$804$576$405$280$191$51
31 years$770$545$378$258$173$44
32 years$738$516$353$237$157$38
33 years$707$488$329$218$142$32
34 years$679$463$308$200$128$28
35 years$652$439$288$184$116$24
36 years$627$417$269$170$105$20
37 years$604$396$252$156$95$17
38 years$581$376$236$144$87$15
39 years$560$358$221$133$78$13
40 years$540$340$207$123$71$11
41 years$521$324$194$113$65$9
42 years$503$308$182$104$59$8
43 years$486$294$171$96$53$7
44 years$469$280$160$89$48$6
45 years$454$267$151$82$44$5
46 years$439$255$141$76$40$4
47 years$425$243$133$70$36$4
48 years$411$232$125$65$33$3
49 years$398$222$117$60$30$3
50 years$386$212$110$55$27$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $395,000, adding $3,604 every year, while hoping to spend $29,540 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: 81/5/14 Blend
29$395,000$395,000$395,000$395,000
30$439,008$418,073$411,950$473,066
31$452,356$407,128$394,320$485,011
32$466,076$394,657$375,109$493,913
33$480,174$380,553$354,234$502,829
34$494,657$364,705$331,606$511,746
35$509,530$346,994$307,133$520,649
36$524,800$327,294$280,719$529,525
37$540,471$305,473$252,265$538,355
38$556,548$281,390$221,665$547,122
39$573,034$254,897$188,809$555,806
40$589,934$225,837$153,584$564,383
41$607,248$194,044$115,870$572,831
42$624,978$159,343$75,543$581,124
43$643,124$121,550$32,472$589,232
44$661,685$80,468$0$597,126
45$680,657$35,891$0$606,785
46$700,036$0$0$621,467
47$719,815$0$0$636,978
48$739,986$0$0$654,808
49$760,536$0$0$672,971
50$781,452$0$0$691,456
51$802,717$0$0$710,246
52$824,310$0$0$729,322
53$846,207$0$0$748,664
54$868,378$0$0$768,244
55$890,790$0$0$788,033
56$913,404$0$0$807,995
57$936,176$0$0$828,090
58$959,052$0$0$848,272
59$981,974$0$0$868,487
60$1,004,875$0$0$888,675
61$1,027,678$0$0$908,769
62$1,050,297$0$0$928,689
63$1,072,634$0$0$948,349
64$1,094,577$0$0$967,650
65$1,116,004$0$0$986,480
66$1,136,775$0$0$1,004,715
67$1,156,732$0$0$1,022,215
68$1,175,702$0$0$1,038,823
69$1,193,487$0$0$1,054,363
70$1,209,869$0$0$1,068,641
71$1,224,604$0$0$1,081,437
72$1,237,418$0$0$1,092,507
73$1,248,009$0$0$1,101,581
74$1,256,037$0$0$1,108,357
75$1,261,127$0$0$1,112,497
76$1,262,861$0$0$1,113,629
77$1,260,775$0$0$1,111,337
78$1,254,352$0$0$1,105,161
79$1,243,022$0$0$1,094,591
80$1,226,148$0$0$1,079,058
81$1,203,028$0$0$1,057,935
82$1,172,882$0$0$1,030,524
83$1,134,846$0$0$996,056
84$1,087,964$0$0$953,674
85$1,031,176$0$0$902,434
86$963,312$0$0$841,290
87$883,075$0$0$769,084
88$789,031$0$0$684,534
89$679,595$0$0$586,227
90$553,014$0$0$472,596
91$407,351$0$0$341,911
92$240,465$0$0$192,262
93$49,991$0$0$21,536
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