Can I retire at age 30 with 322,000?

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 $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%11.5%
1 years$26,590$26,354$26,123$25,897$25,677$25,515
2 years$13,164$12,918$12,681$12,450$12,227$12,064
3 years$8,689$8,442$8,205$7,977$7,757$7,598
4 years$6,451$6,206$5,971$5,747$5,533$5,378
5 years$5,110$4,866$4,634$4,414$4,206$4,056
6 years$4,215$3,973$3,745$3,530$3,328$3,184
7 years$3,577$3,337$3,112$2,902$2,706$2,568
8 years$3,098$2,860$2,639$2,435$2,245$2,113
9 years$2,726$2,490$2,273$2,074$1,891$1,764
10 years$2,428$2,195$1,982$1,788$1,611$1,489
11 years$2,185$1,954$1,745$1,556$1,386$1,269
12 years$1,983$1,754$1,548$1,365$1,201$1,090
13 years$1,811$1,585$1,383$1,205$1,047$941
14 years$1,665$1,441$1,243$1,069$918$817
15 years$1,538$1,316$1,122$954$808$712
16 years$1,427$1,208$1,018$854$714$623
17 years$1,329$1,112$926$767$633$547
18 years$1,242$1,028$845$692$563$481
19 years$1,164$952$774$625$502$425
20 years$1,094$885$710$566$448$375
21 years$1,031$824$653$514$401$332
22 years$974$769$602$467$360$294
23 years$922$720$556$425$323$261
24 years$874$674$514$388$290$232
25 years$830$633$476$354$261$207
26 years$790$595$442$324$235$184
27 years$752$560$410$296$212$164
28 years$718$527$381$272$191$146
29 years$685$498$355$249$173$130
30 years$655$470$330$229$156$116
31 years$627$444$308$210$141$104
32 years$601$420$287$193$128$93
33 years$577$398$268$177$116$83
34 years$554$377$251$163$105$74
35 years$532$358$234$150$95$66
36 years$511$340$219$138$86$59
37 years$492$323$205$128$78$53
38 years$474$307$192$118$71$48
39 years$457$291$180$108$64$43
40 years$440$277$169$100$58$38
41 years$425$264$158$92$53$34
42 years$410$251$148$85$48$31
43 years$396$240$139$79$43$27
44 years$383$228$131$73$39$25
45 years$370$218$123$67$36$22
46 years$358$208$115$62$32$20
47 years$346$198$108$57$29$18
48 years$335$189$102$53$27$16
49 years$325$181$96$49$24$14
50 years$314$173$90$45$22$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $322,000, adding $6,721 every year, while hoping to spend $23,164 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: 67/20/13 Blend
29$322,000$322,000$322,000$322,000
30$361,777$344,711$339,720$384,506
31$374,032$336,955$326,454$392,750
32$386,760$328,043$311,968$398,396
33$399,986$317,894$296,195$403,979
34$413,735$306,421$279,068$409,490
35$428,035$293,534$260,515$414,922
36$442,914$279,137$240,462$420,265
37$458,404$263,128$218,830$425,512
38$474,539$245,399$195,539$430,653
39$491,355$225,836$170,503$435,681
40$508,891$204,321$143,633$440,587
41$527,190$180,724$114,836$445,363
42$546,297$154,913$84,016$450,001
43$566,260$126,745$51,072$454,495
44$587,134$96,070$15,898$458,839
45$608,974$62,730$0$463,025
46$631,844$26,559$0$470,052
47$655,810$0$0$479,464
48$680,946$0$0$491,844
49$707,330$0$0$510,980
50$735,049$0$0$531,091
51$764,195$0$0$552,244
52$794,871$0$0$574,516
53$827,186$0$0$597,986
54$861,262$0$0$622,743
55$897,229$0$0$648,885
56$935,231$0$0$676,515
57$975,423$0$0$705,749
58$1,017,975$0$0$736,713
59$1,063,074$0$0$769,542
60$1,110,924$0$0$804,387
61$1,161,745$0$0$841,411
62$1,215,782$0$0$880,794
63$1,273,300$0$0$922,730
64$1,334,591$0$0$967,435
65$1,399,972$0$0$1,015,144
66$1,469,794$0$0$1,066,113
67$1,544,439$0$0$1,120,625
68$1,624,327$0$0$1,178,989
69$1,709,918$0$0$1,241,544
70$1,801,716$0$0$1,308,662
71$1,900,275$0$0$1,380,751
72$2,006,202$0$0$1,458,259
73$2,120,166$0$0$1,541,679
74$2,242,897$0$0$1,631,549
75$2,375,202$0$0$1,728,464
76$2,517,962$0$0$1,833,074
77$2,672,149$0$0$1,946,097
78$2,838,831$0$0$2,068,318
79$3,019,178$0$0$2,200,603
80$3,214,481$0$0$2,343,903
81$3,426,156$0$0$2,499,263
82$3,655,762$0$0$2,667,832
83$3,905,011$0$0$2,850,875
84$4,175,790$0$0$3,049,782
85$4,470,170$0$0$3,266,084
86$4,790,434$0$0$3,501,463
87$5,139,090$0$0$3,757,772
88$5,518,900$0$0$4,037,047
89$5,932,903$0$0$4,341,532
90$6,384,443$0$0$4,673,695
91$6,877,201$0$0$5,036,251
92$7,415,229$0$0$5,432,193
93$8,002,988$0$0$5,864,812
94$8,645,387$0$0$6,337,731
95$9,347,833$0$0$6,854,941
96$10,116,278$0$0$7,420,836
97$10,957,275$0$0$8,040,253
98$11,878,042$0$0$8,718,519
99$12,886,526$0$0$9,461,501
100$13,991,478$0$0$10,275,657