Can I retire at age 30 with 396,000?

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 $396,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$32,701$32,410$32,126$31,848$31,578$31,106
2 years$16,189$15,887$15,595$15,312$15,037$14,563
3 years$10,685$10,383$10,091$9,810$9,540$9,078
4 years$7,934$7,632$7,344$7,068$6,804$6,358
5 years$6,284$5,984$5,699$5,429$5,172$4,743
6 years$5,184$4,886$4,606$4,341$4,093$3,681
7 years$4,399$4,103$3,827$3,569$3,328$2,935
8 years$3,810$3,517$3,246$2,994$2,761$2,385
9 years$3,352$3,063$2,796$2,550$2,325$1,967
10 years$2,986$2,699$2,437$2,198$1,981$1,640
11 years$2,687$2,403$2,146$1,913$1,704$1,380
12 years$2,438$2,157$1,904$1,678$1,477$1,169
13 years$2,228$1,949$1,701$1,482$1,288$996
14 years$2,047$1,772$1,529$1,315$1,129$853
15 years$1,891$1,619$1,380$1,173$994$733
16 years$1,754$1,485$1,251$1,050$878$632
17 years$1,634$1,368$1,139$944$779$547
18 years$1,527$1,264$1,039$850$693$474
19 years$1,432$1,171$952$768$617$412
20 years$1,346$1,088$873$696$551$358
21 years$1,268$1,014$803$632$493$312
22 years$1,198$946$740$574$442$272
23 years$1,134$885$684$523$397$238
24 years$1,075$829$632$477$357$208
25 years$1,021$778$586$436$321$182
26 years$971$731$543$398$289$159
27 years$925$688$504$365$261$140
28 years$883$649$469$334$235$123
29 years$843$612$436$306$212$107
30 years$806$578$406$281$192$94
31 years$772$546$379$258$174$83
32 years$739$517$353$237$157$73
33 years$709$490$330$218$142$64
34 years$681$464$308$201$129$56
35 years$654$440$288$185$117$49
36 years$629$418$270$170$106$43
37 years$605$397$252$157$96$38
38 years$583$377$236$145$87$34
39 years$562$358$221$133$79$29
40 years$541$341$208$123$71$26
41 years$522$325$195$113$65$23
42 years$504$309$183$105$59$20
43 years$487$295$171$97$53$18
44 years$471$281$161$89$48$16
45 years$455$268$151$82$44$14
46 years$440$255$142$76$40$12
47 years$426$244$133$70$36$11
48 years$412$233$125$65$33$9
49 years$399$222$118$60$30$8
50 years$387$212$111$56$27$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $396,000, adding $3,699 every year, while hoping to spend $22,105 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: 64/13/23 Blend
29$396,000$396,000$396,000$396,000
30$440,208$419,220$413,082$465,527
31$461,589$416,242$403,400$480,069
32$484,411$412,377$392,654$493,142
33$508,796$407,559$380,783$506,922
34$534,880$401,717$367,726$521,481
35$562,812$394,775$353,419$536,898
36$592,754$386,654$337,794$553,261
37$624,885$377,270$320,780$570,667
38$659,401$366,534$302,304$589,225
39$696,518$354,351$282,289$609,056
40$736,470$340,622$260,653$630,294
41$779,519$325,241$237,313$653,088
42$825,948$308,096$212,181$677,601
43$876,070$289,069$185,165$704,018
44$930,230$268,034$156,169$732,540
45$988,806$244,860$125,094$763,394
46$1,052,213$219,407$91,833$796,827
47$1,120,908$191,527$56,278$833,116
48$1,195,393$161,064$18,316$872,567
49$1,276,219$127,853$0$915,518
50$1,363,996$91,720$0$967,793
51$1,459,390$52,481$0$1,029,510
52$1,563,137$9,941$0$1,096,662
53$1,676,045$0$0$1,169,789
54$1,799,004$0$0$1,254,655
55$1,932,992$0$0$1,348,709
56$2,079,088$0$0$1,451,288
57$2,238,477$0$0$1,563,228
58$2,412,464$0$0$1,685,449
59$2,602,487$0$0$1,818,963
60$2,810,126$0$0$1,964,887
61$3,037,123$0$0$2,124,446
62$3,285,396$0$0$2,298,994
63$3,557,054$0$0$2,490,019
64$3,854,423$0$0$2,699,158
65$4,180,062$0$0$2,928,217
66$4,536,789$0$0$3,179,183
67$4,927,709$0$0$3,454,244
68$5,356,240$0$0$3,755,812
69$5,826,147$0$0$4,086,540
70$6,341,578$0$0$4,449,353
71$6,907,098$0$0$4,847,472
72$7,527,741$0$0$5,284,443
73$8,209,046$0$0$5,764,176
74$8,957,119$0$0$6,290,974
75$9,778,685$0$0$6,869,579
76$10,681,150$0$0$7,505,214
77$11,672,675$0$0$8,203,636
78$12,762,250$0$0$8,971,182
79$13,959,780$0$0$9,814,838
80$15,276,174$0$0$10,742,297
81$16,723,454$0$0$11,762,036
82$18,314,864$0$0$12,883,396
83$20,064,994$0$0$14,116,666
84$21,989,922$0$0$15,473,184
85$24,107,358$0$0$16,965,439
86$26,436,818$0$0$18,607,196
87$28,999,805$0$0$20,413,617
88$31,820,008$0$0$22,401,410
89$34,923,532$0$0$24,588,984
90$38,339,140$0$0$26,996,624
91$42,098,521$0$0$29,646,680
92$46,236,596$0$0$32,563,778
93$50,791,842$0$0$35,775,053
94$55,806,654$0$0$39,310,407
95$61,327,751$0$0$43,202,785
96$67,406,606$0$0$47,488,491
97$74,099,943$0$0$52,207,528
98$81,470,263$0$0$57,403,977
99$89,586,437$0$0$63,126,408
100$98,524,357$0$0$69,428,345