Can I retire at age 30 with 399,000?

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 $399,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$32,949$32,656$32,369$32,090$31,817$31,303
2 years$16,311$16,008$15,713$15,428$15,151$14,634
3 years$10,766$10,461$10,167$9,885$9,612$9,109
4 years$7,994$7,690$7,399$7,121$6,856$6,370
5 years$6,331$6,029$5,742$5,470$5,212$4,745
6 years$5,223$4,923$4,641$4,374$4,124$3,677
7 years$4,432$4,135$3,856$3,596$3,354$2,926
8 years$3,839$3,544$3,270$3,017$2,782$2,374
9 years$3,378$3,086$2,817$2,570$2,343$1,954
10 years$3,009$2,720$2,456$2,215$1,996$1,627
11 years$2,708$2,421$2,162$1,928$1,717$1,366
12 years$2,457$2,173$1,919$1,691$1,488$1,155
13 years$2,244$1,964$1,714$1,493$1,297$982
14 years$2,063$1,785$1,540$1,325$1,137$839
15 years$1,905$1,631$1,391$1,182$1,001$720
16 years$1,768$1,496$1,261$1,058$885$619
17 years$1,646$1,378$1,147$951$785$535
18 years$1,539$1,273$1,047$857$698$462
19 years$1,443$1,180$959$774$622$401
20 years$1,356$1,097$880$701$556$348
21 years$1,278$1,021$809$636$497$303
22 years$1,207$954$746$579$446$263
23 years$1,142$892$689$527$400$230
24 years$1,083$836$637$481$360$200
25 years$1,029$784$590$439$324$175
26 years$979$737$547$401$291$153
27 years$932$694$508$367$263$134
28 years$889$654$472$337$237$117
29 years$849$617$440$309$214$102
30 years$812$582$409$283$193$89
31 years$777$550$382$260$175$78
32 years$745$521$356$239$158$69
33 years$715$493$333$220$143$60
34 years$686$467$311$202$130$53
35 years$659$443$290$186$117$46
36 years$634$421$272$172$106$41
37 years$610$400$254$158$96$36
38 years$587$380$238$146$87$31
39 years$566$361$223$134$79$27
40 years$545$344$209$124$72$24
41 years$526$327$196$114$65$21
42 years$508$312$184$105$59$18
43 years$491$297$173$97$54$16
44 years$474$283$162$90$49$14
45 years$458$270$152$83$44$12
46 years$443$257$143$77$40$11
47 years$429$246$134$71$36$10
48 years$415$234$126$65$33$8
49 years$402$224$119$61$30$7
50 years$390$214$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 $399,000, adding $3,721 every year, while hoping to spend $23,840 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: 67/24/9 Blend
29$399,000$399,000$399,000$399,000
30$443,536$422,389$416,205$472,216
31$463,411$417,721$404,782$487,080
32$484,515$412,024$392,178$500,121
33$506,946$405,225$378,327$513,751
34$530,816$397,242$363,162$528,026
35$556,243$387,991$346,612$543,004
36$583,360$377,382$328,603$558,755
37$612,309$365,320$309,058$575,352
38$643,249$351,705$287,895$592,880
39$676,352$336,430$265,031$611,431
40$711,807$319,383$240,377$631,109
41$749,822$300,443$213,841$652,029
42$790,625$279,487$185,326$674,317
43$834,467$256,379$154,732$698,118
44$881,621$230,980$121,954$723,586
45$932,389$203,141$86,882$750,899
46$987,102$172,704$49,402$780,249
47$1,046,123$139,503$9,393$811,852
48$1,109,852$103,363$0$845,948
49$1,178,727$64,099$0$886,000
50$1,253,232$21,514$0$930,275
51$1,333,896$0$0$978,209
52$1,421,301$0$0$1,036,673
53$1,516,090$0$0$1,106,258
54$1,618,966$0$0$1,181,802
55$1,730,704$0$0$1,263,877
56$1,852,159$0$0$1,353,111
57$1,984,266$0$0$1,450,197
58$2,128,059$0$0$1,555,897
59$2,284,673$0$0$1,671,048
60$2,455,357$0$0$1,796,573
61$2,641,487$0$0$1,933,487
62$2,844,577$0$0$2,082,905
63$3,066,291$0$0$2,246,059
64$3,308,465$0$0$2,424,302
65$3,573,117$0$0$2,619,124
66$3,862,470$0$0$2,832,165
67$4,178,972$0$0$3,065,231
68$4,525,316$0$0$3,320,312
69$4,904,470$0$0$3,599,598
70$5,319,701$0$0$3,905,501
71$5,774,608$0$0$4,240,676
72$6,273,152$0$0$4,608,048
73$6,819,699$0$0$5,010,840
74$7,419,053$0$0$5,452,598
75$8,076,510$0$0$5,937,231
76$8,797,900$0$0$6,469,044
77$9,589,646$0$0$7,052,777
78$10,458,822$0$0$7,693,654
79$11,413,221$0$0$8,397,427
80$12,461,428$0$0$9,170,434
81$13,612,901$0$0$10,019,657
82$14,878,057$0$0$10,952,786
83$16,268,372$0$0$11,978,295
84$17,796,492$0$0$13,105,518
85$19,476,345$0$0$14,344,739
86$21,323,278$0$0$15,707,288
87$23,354,200$0$0$17,205,647
88$25,587,738$0$0$18,853,570
89$28,044,416$0$0$20,666,209
90$30,746,847$0$0$22,660,259
91$33,719,947$0$0$24,854,114
92$36,991,165$0$0$27,268,041
93$40,590,749$0$0$29,924,371
94$44,552,024$0$0$32,847,710
95$48,911,712$0$0$36,065,166
96$53,710,273$0$0$39,606,614
97$58,992,288$0$0$43,504,967
98$64,806,880$0$0$47,796,494
99$71,208,179$0$0$52,521,159
100$78,255,827$0$0$57,722,997