Can I retire at age 30 with 399,000?

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 $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%19.2%
1 years$32,949$32,656$32,369$32,090$31,817$30,639
2 years$16,311$16,008$15,713$15,428$15,151$13,978
3 years$10,766$10,461$10,167$9,885$9,612$8,481
4 years$7,994$7,690$7,399$7,121$6,856$5,774
5 years$6,331$6,029$5,742$5,470$5,212$4,183
6 years$5,223$4,923$4,641$4,374$4,124$3,148
7 years$4,432$4,135$3,856$3,596$3,354$2,432
8 years$3,839$3,544$3,270$3,017$2,782$1,913
9 years$3,378$3,086$2,817$2,570$2,343$1,525
10 years$3,009$2,720$2,456$2,215$1,996$1,228
11 years$2,708$2,421$2,162$1,928$1,717$997
12 years$2,457$2,173$1,919$1,691$1,488$814
13 years$2,244$1,964$1,714$1,493$1,297$668
14 years$2,063$1,785$1,540$1,325$1,137$550
15 years$1,905$1,631$1,391$1,182$1,001$455
16 years$1,768$1,496$1,261$1,058$885$377
17 years$1,646$1,378$1,147$951$785$313
18 years$1,539$1,273$1,047$857$698$260
19 years$1,443$1,180$959$774$622$217
20 years$1,356$1,097$880$701$556$181
21 years$1,278$1,021$809$636$497$151
22 years$1,207$954$746$579$446$126
23 years$1,142$892$689$527$400$105
24 years$1,083$836$637$481$360$88
25 years$1,029$784$590$439$324$74
26 years$979$737$547$401$291$62
27 years$932$694$508$367$263$52
28 years$889$654$472$337$237$43
29 years$849$617$440$309$214$36
30 years$812$582$409$283$193$30
31 years$777$550$382$260$175$26
32 years$745$521$356$239$158$21
33 years$715$493$333$220$143$18
34 years$686$467$311$202$130$15
35 years$659$443$290$186$117$13
36 years$634$421$272$172$106$11
37 years$610$400$254$158$96$9
38 years$587$380$238$146$87$7
39 years$566$361$223$134$79$6
40 years$545$344$209$124$72$5
41 years$526$327$196$114$65$4
42 years$508$312$184$105$59$4
43 years$491$297$173$97$54$3
44 years$474$283$162$90$49$3
45 years$458$270$152$83$44$2
46 years$443$257$143$77$40$2
47 years$429$246$134$71$36$2
48 years$415$234$126$65$33$1
49 years$402$224$119$61$30$1
50 years$390$214$111$56$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $399,000, adding $6,765 every year, while hoping to spend $28,293 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: 65/15/20 Blend
29$399,000$399,000$399,000$399,000
30$446,676$425,529$419,345$473,029
31$462,134$416,276$403,289$482,306
32$478,219$405,622$385,747$488,602
33$494,968$393,468$366,640$494,816
34$512,416$379,709$345,884$500,939
35$530,602$364,235$323,391$506,966
36$549,571$346,929$299,072$512,890
37$569,367$327,669$272,830$518,703
38$590,039$306,322$244,567$524,402
39$611,643$282,751$214,180$529,981
40$634,234$256,809$181,558$535,437
41$657,876$228,343$146,591$540,765
42$682,637$197,189$109,159$545,966
43$708,589$163,175$69,139$551,039
44$735,813$126,118$26,403$555,985
45$764,394$85,827$0$560,809
46$794,427$42,097$0$569,616
47$826,014$0$0$584,594
48$859,264$0$0$601,021
49$894,300$0$0$625,662
50$931,252$0$0$651,660
51$970,263$0$0$679,119
52$1,011,491$0$0$708,150
53$1,055,105$0$0$738,875
54$1,101,291$0$0$771,426
55$1,150,254$0$0$805,949
56$1,202,214$0$0$842,602
57$1,257,415$0$0$881,558
58$1,316,123$0$0$923,008
59$1,378,629$0$0$967,160
60$1,445,250$0$0$1,014,239
61$1,516,336$0$0$1,064,497
62$1,592,268$0$0$1,118,205
63$1,673,465$0$0$1,175,662
64$1,760,386$0$0$1,237,198
65$1,853,533$0$0$1,303,171
66$1,953,460$0$0$1,373,977
67$2,060,772$0$0$1,450,047
68$2,176,134$0$0$1,531,859
69$2,300,275$0$0$1,619,934
70$2,433,997$0$0$1,714,845
71$2,578,180$0$0$1,817,221
72$2,733,791$0$0$1,927,755
73$2,901,892$0$0$2,047,207
74$3,083,651$0$0$2,176,411
75$3,280,352$0$0$2,316,287
76$3,493,404$0$0$2,467,843
77$3,724,358$0$0$2,632,190
78$3,974,921$0$0$2,810,547
79$4,246,968$0$0$3,004,259
80$4,542,561$0$0$3,214,800
81$4,863,971$0$0$3,443,796
82$5,213,694$0$0$3,693,034
83$5,594,476$0$0$3,964,481
84$6,009,342$0$0$4,260,299
85$6,461,617$0$0$4,582,872
86$6,954,962$0$0$4,934,819
87$7,493,409$0$0$5,319,027
88$8,081,391$0$0$5,738,671
89$8,723,793$0$0$6,197,248
90$9,425,990$0$0$6,698,606
91$10,193,900$0$0$7,246,983
92$11,034,041$0$0$7,847,047
93$11,953,588$0$0$8,503,934
94$12,960,442$0$0$9,223,303
95$14,063,304$0$0$10,011,385
96$15,271,757$0$0$10,875,042
97$16,596,352$0$0$11,821,830
98$18,048,712$0$0$12,860,072
99$19,641,639$0$0$13,998,936
100$21,389,231$0$0$15,248,520