Can I retire at age 30 with 392,000?

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 $392,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$32,371$32,083$31,801$31,527$31,259$30,515
2 years$16,025$15,727$15,438$15,157$14,885$14,141
3 years$10,577$10,278$9,989$9,711$9,444$8,721
4 years$7,854$7,555$7,270$6,996$6,735$6,040
5 years$6,220$5,923$5,641$5,374$5,120$4,455
6 years$5,132$4,837$4,559$4,298$4,051$3,416
7 years$4,354$4,062$3,789$3,533$3,295$2,690
8 years$3,772$3,482$3,213$2,964$2,733$2,159
9 years$3,319$3,032$2,767$2,525$2,302$1,757
10 years$2,956$2,672$2,413$2,176$1,961$1,445
11 years$2,660$2,379$2,124$1,894$1,687$1,199
12 years$2,414$2,135$1,885$1,661$1,462$1,001
13 years$2,205$1,930$1,684$1,467$1,275$841
14 years$2,026$1,754$1,513$1,302$1,117$709
15 years$1,872$1,602$1,366$1,161$984$601
16 years$1,737$1,470$1,239$1,040$870$510
17 years$1,618$1,354$1,127$934$771$434
18 years$1,512$1,251$1,029$842$686$370
19 years$1,417$1,159$942$761$611$316
20 years$1,332$1,077$865$689$546$271
21 years$1,256$1,004$795$625$488$232
22 years$1,186$937$733$568$438$199
23 years$1,122$876$677$518$393$171
24 years$1,064$821$626$472$353$147
25 years$1,011$770$580$431$318$126
26 years$961$724$538$394$286$109
27 years$916$681$499$361$258$94
28 years$874$642$464$331$233$81
29 years$834$606$432$303$210$69
30 years$798$572$402$278$190$60
31 years$764$541$375$256$172$52
32 years$732$512$350$235$155$45
33 years$702$485$327$216$141$38
34 years$674$459$305$199$127$33
35 years$647$436$285$183$115$29
36 years$623$413$267$169$104$25
37 years$599$393$250$155$95$21
38 years$577$373$234$143$86$18
39 years$556$355$219$132$78$16
40 years$536$338$205$122$71$14
41 years$517$321$193$112$64$12
42 years$499$306$181$104$58$10
43 years$482$292$170$96$53$9
44 years$466$278$159$88$48$8
45 years$450$265$149$82$43$7
46 years$436$253$140$75$39$6
47 years$421$241$132$70$36$5
48 years$408$230$124$64$33$4
49 years$395$220$117$59$30$4
50 years$383$210$110$55$27$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $392,000, adding $2,559 every year, while hoping to spend $29,670 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: 59/16/25 Blend
29$392,000$392,000$392,000$392,000
30$434,624$413,848$407,772$457,200
31$447,387$402,557$389,863$461,590
32$460,457$389,720$370,361$462,970
33$473,835$375,227$349,179$463,841
34$487,519$358,967$326,230$464,160
35$501,508$340,818$301,420$463,883
36$515,798$320,654$274,654$462,960
37$530,384$298,341$245,829$461,339
38$545,260$273,736$214,842$458,967
39$560,418$246,691$181,580$455,784
40$575,848$217,046$145,930$451,726
41$591,536$184,633$107,771$446,728
42$607,470$149,277$66,978$440,717
43$623,629$110,789$23,420$433,616
44$639,994$68,973$0$425,344
45$656,541$23,619$0$421,965
46$673,240$0$0$424,301
47$690,058$0$0$430,523
48$706,959$0$0$440,940
49$723,899$0$0$451,365
50$740,829$0$0$461,765
51$757,693$0$0$472,102
52$774,428$0$0$482,336
53$790,963$0$0$492,420
54$807,217$0$0$502,300
55$823,100$0$0$511,916
56$838,510$0$0$521,203
57$853,332$0$0$530,085
58$867,438$0$0$538,478
59$880,686$0$0$546,287
60$892,916$0$0$553,410
61$903,949$0$0$559,728
62$913,585$0$0$565,112
63$921,604$0$0$569,415
64$927,758$0$0$572,478
65$931,772$0$0$574,120
66$933,341$0$0$574,142
67$932,126$0$0$572,322
68$927,750$0$0$568,414
69$919,795$0$0$562,146
70$907,797$0$0$553,214
71$891,242$0$0$541,285
72$869,560$0$0$525,985
73$842,120$0$0$506,903
74$808,222$0$0$483,584
75$767,094$0$0$455,523
76$717,879$0$0$422,162
77$659,628$0$0$382,885
78$591,294$0$0$337,007
79$511,719$0$0$283,774
80$419,620$0$0$222,352
81$313,582$0$0$151,818
82$192,040$0$0$71,153
83$53,264$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
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