Can I retire at age 30 with 322,000?

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 $322,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$26,590$26,354$26,123$25,897$25,677$25,536
2 years$13,164$12,918$12,681$12,450$12,227$12,085
3 years$8,689$8,442$8,205$7,977$7,757$7,619
4 years$6,451$6,206$5,971$5,747$5,533$5,398
5 years$5,110$4,866$4,634$4,414$4,206$4,076
6 years$4,215$3,973$3,745$3,530$3,328$3,203
7 years$3,577$3,337$3,112$2,902$2,706$2,586
8 years$3,098$2,860$2,639$2,435$2,245$2,130
9 years$2,726$2,490$2,273$2,074$1,891$1,780
10 years$2,428$2,195$1,982$1,788$1,611$1,505
11 years$2,185$1,954$1,745$1,556$1,386$1,284
12 years$1,983$1,754$1,548$1,365$1,201$1,104
13 years$1,811$1,585$1,383$1,205$1,047$955
14 years$1,665$1,441$1,243$1,069$918$830
15 years$1,538$1,316$1,122$954$808$725
16 years$1,427$1,208$1,018$854$714$635
17 years$1,329$1,112$926$767$633$558
18 years$1,242$1,028$845$692$563$492
19 years$1,164$952$774$625$502$434
20 years$1,094$885$710$566$448$384
21 years$1,031$824$653$514$401$341
22 years$974$769$602$467$360$302
23 years$922$720$556$425$323$269
24 years$874$674$514$388$290$239
25 years$830$633$476$354$261$213
26 years$790$595$442$324$235$190
27 years$752$560$410$296$212$170
28 years$718$527$381$272$191$152
29 years$685$498$355$249$173$135
30 years$655$470$330$229$156$121
31 years$627$444$308$210$141$108
32 years$601$420$287$193$128$97
33 years$577$398$268$177$116$87
34 years$554$377$251$163$105$78
35 years$532$358$234$150$95$70
36 years$511$340$219$138$86$62
37 years$492$323$205$128$78$56
38 years$474$307$192$118$71$50
39 years$457$291$180$108$64$45
40 years$440$277$169$100$58$40
41 years$425$264$158$92$53$36
42 years$410$251$148$85$48$33
43 years$396$240$139$79$43$29
44 years$383$228$131$73$39$26
45 years$370$218$123$67$36$24
46 years$358$208$115$62$32$21
47 years$346$198$108$57$29$19
48 years$335$189$102$53$27$17
49 years$325$181$96$49$24$15
50 years$314$173$90$45$22$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $322,000, adding $6,935 every year, while hoping to spend $22,774 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: 40/45/15 Blend
29$322,000$322,000$322,000$322,000
30$361,997$344,931$339,940$374,607
31$374,690$337,602$327,097$376,881
32$387,914$329,150$313,060$376,596
33$401,699$319,496$297,766$375,798
34$416,078$308,557$281,147$374,451
35$431,086$296,245$263,133$372,519
36$446,761$282,465$243,652$369,962
37$463,143$267,118$222,628$366,741
38$480,277$250,100$199,979$362,811
39$498,210$231,300$175,623$358,130
40$516,995$210,601$149,473$352,652
41$536,686$187,878$121,438$346,328
42$557,345$163,001$91,423$339,108
43$579,037$135,831$59,329$330,942
44$601,835$106,223$25,053$321,776
45$625,815$74,021$0$311,555
46$651,064$39,063$0$302,066
47$677,672$1,177$0$295,805
48$705,741$0$0$288,716
49$735,379$0$0$300,475
50$766,707$0$0$313,538
51$799,854$0$0$327,380
52$834,963$0$0$342,062
53$872,188$0$0$357,652
54$911,701$0$0$374,225
55$953,687$0$0$391,861
56$998,348$0$0$410,649
57$1,045,907$0$0$430,687
58$1,096,608$0$0$452,080
59$1,150,716$0$0$474,945
60$1,208,525$0$0$499,410
61$1,270,354$0$0$525,615
62$1,336,555$0$0$553,713
63$1,407,511$0$0$583,875
64$1,483,646$0$0$616,283
65$1,565,422$0$0$651,142
66$1,653,348$0$0$688,675
67$1,747,983$0$0$729,127
68$1,849,940$0$0$772,765
69$1,959,891$0$0$819,887
70$2,078,577$0$0$870,817
71$2,206,811$0$0$925,912
72$2,345,485$0$0$985,564
73$2,495,582$0$0$1,050,204
74$2,658,181$0$0$1,120,307
75$2,834,468$0$0$1,196,395
76$3,025,749$0$0$1,279,041
77$3,233,459$0$0$1,368,876
78$3,459,177$0$0$1,466,595
79$3,704,638$0$0$1,572,961
80$3,971,755$0$0$1,688,814
81$4,262,628$0$0$1,815,080
82$4,579,572$0$0$1,952,777
83$4,925,132$0$0$2,103,024
84$5,302,110$0$0$2,267,054
85$5,713,590$0$0$2,446,226
86$6,162,967$0$0$2,642,033
87$6,653,978$0$0$2,856,121
88$7,190,737$0$0$3,090,301
89$7,777,775$0$0$3,346,566
90$8,420,078$0$0$3,627,115
91$9,123,139$0$0$3,934,363
92$9,893,004$0$0$4,270,976
93$10,736,335$0$0$4,639,885
94$11,660,463$0$0$5,044,321
95$12,673,467$0$0$5,487,842
96$13,784,241$0$0$5,974,365
97$15,002,585$0$0$6,508,206
98$16,339,288$0$0$7,094,119
99$17,806,238$0$0$7,737,341
100$19,416,528$0$0$8,443,640