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%11.6%
1 years$26,590$26,354$26,123$25,897$25,677$25,504
2 years$13,164$12,918$12,681$12,450$12,227$12,053
3 years$8,689$8,442$8,205$7,977$7,757$7,587
4 years$6,451$6,206$5,971$5,747$5,533$5,368
5 years$5,110$4,866$4,634$4,414$4,206$4,047
6 years$4,215$3,973$3,745$3,530$3,328$3,175
7 years$3,577$3,337$3,112$2,902$2,706$2,559
8 years$3,098$2,860$2,639$2,435$2,245$2,104
9 years$2,726$2,490$2,273$2,074$1,891$1,756
10 years$2,428$2,195$1,982$1,788$1,611$1,482
11 years$2,185$1,954$1,745$1,556$1,386$1,262
12 years$1,983$1,754$1,548$1,365$1,201$1,083
13 years$1,811$1,585$1,383$1,205$1,047$935
14 years$1,665$1,441$1,243$1,069$918$811
15 years$1,538$1,316$1,122$954$808$706
16 years$1,427$1,208$1,018$854$714$618
17 years$1,329$1,112$926$767$633$542
18 years$1,242$1,028$845$692$563$476
19 years$1,164$952$774$625$502$420
20 years$1,094$885$710$566$448$371
21 years$1,031$824$653$514$401$328
22 years$974$769$602$467$360$290
23 years$922$720$556$425$323$258
24 years$874$674$514$388$290$229
25 years$830$633$476$354$261$203
26 years$790$595$442$324$235$181
27 years$752$560$410$296$212$161
28 years$718$527$381$272$191$144
29 years$685$498$355$249$173$128
30 years$655$470$330$229$156$114
31 years$627$444$308$210$141$102
32 years$601$420$287$193$128$91
33 years$577$398$268$177$116$81
34 years$554$377$251$163$105$73
35 years$532$358$234$150$95$65
36 years$511$340$219$138$86$58
37 years$492$323$205$128$78$52
38 years$474$307$192$118$71$46
39 years$457$291$180$108$64$42
40 years$440$277$169$100$58$37
41 years$425$264$158$92$53$33
42 years$410$251$148$85$48$30
43 years$396$240$139$79$43$27
44 years$383$228$131$73$39$24
45 years$370$218$123$67$36$21
46 years$358$208$115$62$32$19
47 years$346$198$108$57$29$17
48 years$335$189$102$53$27$15
49 years$325$181$96$49$24$14
50 years$314$173$90$45$22$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $322,000, adding $3,034 every year, while hoping to spend $23,896 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: 74/9/17 Blend
29$322,000$322,000$322,000$322,000
30$357,974$340,908$335,917$382,856
31$369,062$332,187$321,745$391,029
32$380,480$322,238$306,297$396,756
33$392,237$310,975$289,506$402,400
34$404,341$298,309$271,300$407,949
35$416,800$284,143$251,605$413,387
36$429,624$268,376$230,344$418,698
37$442,820$250,901$207,435$423,865
38$456,398$231,605$182,794$428,869
39$470,365$210,369$156,333$433,690
40$484,731$187,066$127,959$438,308
41$499,504$161,562$97,575$442,699
42$514,691$133,716$65,082$446,839
43$530,300$103,379$30,373$450,703
44$546,340$70,394$0$454,262
45$562,818$34,594$0$458,696
46$579,739$0$0$468,721
47$597,112$0$0$479,227
48$614,940$0$0$493,523
49$633,231$0$0$508,188
50$651,987$0$0$523,226
51$671,213$0$0$538,637
52$690,911$0$0$554,426
53$711,082$0$0$570,591
54$731,725$0$0$587,133
55$752,840$0$0$604,050
56$774,423$0$0$621,340
57$796,468$0$0$638,996
58$818,968$0$0$657,013
59$841,912$0$0$675,383
60$865,289$0$0$694,093
61$889,081$0$0$713,132
62$913,269$0$0$732,482
63$937,829$0$0$752,124
64$962,734$0$0$772,035
65$987,951$0$0$792,187
66$1,013,440$0$0$812,549
67$1,039,159$0$0$833,085
68$1,065,054$0$0$853,751
69$1,091,068$0$0$874,499
70$1,117,132$0$0$895,274
71$1,143,171$0$0$916,012
72$1,169,096$0$0$936,643
73$1,194,810$0$0$957,085
74$1,220,200$0$0$977,246
75$1,245,140$0$0$997,024
76$1,269,490$0$0$1,016,302
77$1,293,089$0$0$1,034,950
78$1,315,761$0$0$1,052,822
79$1,337,304$0$0$1,069,756
80$1,357,495$0$0$1,085,567
81$1,376,086$0$0$1,100,051
82$1,392,796$0$0$1,112,982
83$1,407,317$0$0$1,124,104
84$1,419,300$0$0$1,133,135
85$1,428,362$0$0$1,139,760
86$1,434,073$0$0$1,143,628
87$1,435,957$0$0$1,144,351
88$1,433,485$0$0$1,141,496
89$1,426,070$0$0$1,134,583
90$1,413,058$0$0$1,123,080
91$1,393,728$0$0$1,106,395
92$1,367,277$0$0$1,083,875
93$1,332,816$0$0$1,054,793
94$1,289,362$0$0$1,018,346
95$1,235,825$0$0$973,645
96$1,170,998$0$0$919,704
97$1,093,545$0$0$855,433
98$1,001,990$0$0$779,628
99$894,699$0$0$690,954
100$769,866$0$0$587,937