Can I retire at age 30 with 323,000?

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 $323,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$26,673$26,435$26,204$25,977$25,756$24,902
2 years$13,204$12,959$12,720$12,489$12,265$11,413
3 years$8,716$8,469$8,231$8,002$7,781$6,958
4 years$6,472$6,225$5,990$5,765$5,550$4,761
5 years$5,125$4,881$4,648$4,428$4,219$3,467
6 years$4,228$3,985$3,757$3,541$3,338$2,624
7 years$3,588$3,347$3,122$2,911$2,715$2,038
8 years$3,108$2,869$2,648$2,442$2,252$1,613
9 years$2,734$2,498$2,280$2,080$1,897$1,294
10 years$2,436$2,202$1,988$1,793$1,616$1,048
11 years$2,192$1,960$1,750$1,561$1,390$856
12 years$1,989$1,759$1,553$1,369$1,204$704
13 years$1,817$1,590$1,388$1,209$1,050$582
14 years$1,670$1,445$1,247$1,073$921$483
15 years$1,542$1,320$1,126$957$811$402
16 years$1,431$1,211$1,021$857$716$335
17 years$1,333$1,116$929$770$635$280
18 years$1,246$1,031$848$694$565$235
19 years$1,168$955$776$627$503$197
20 years$1,098$888$712$568$450$166
21 years$1,035$827$655$515$402$139
22 years$977$772$604$468$361$117
23 years$925$722$558$427$324$99
24 years$877$676$516$389$291$83
25 years$833$635$478$355$262$70
26 years$792$597$443$325$236$59
27 years$755$561$411$297$213$50
28 years$720$529$382$272$192$42
29 years$688$499$356$250$173$36
30 years$657$471$331$229$157$30
31 years$629$446$309$211$142$26
32 years$603$422$288$194$128$22
33 years$578$399$269$178$116$18
34 years$555$378$252$164$105$15
35 years$534$359$235$151$95$13
36 years$513$341$220$139$86$11
37 years$494$324$206$128$78$9
38 years$475$307$193$118$71$8
39 years$458$292$181$109$64$7
40 years$442$278$169$100$58$6
41 years$426$265$159$93$53$5
42 years$411$252$149$85$48$4
43 years$397$240$140$79$43$3
44 years$384$229$131$73$39$3
45 years$371$218$123$67$36$2
46 years$359$208$116$62$33$2
47 years$347$199$109$57$30$2
48 years$336$190$102$53$27$1
49 years$326$181$96$49$24$1
50 years$315$173$90$45$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $323,000, adding $6,339 every year, while hoping to spend $21,834 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: 53/34/13 Blend
29$323,000$323,000$323,000$323,000
30$362,485$345,366$340,359$380,129
31$376,227$339,057$328,530$386,551
32$390,639$331,708$315,573$390,662
33$405,766$323,244$301,427$394,634
34$421,658$313,587$286,028$398,461
35$438,368$302,653$269,310$402,135
36$455,953$290,355$251,204$405,649
37$474,478$276,600$231,637$408,998
38$494,011$261,289$210,533$412,176
39$514,627$244,319$187,813$415,180
40$536,407$225,580$163,393$418,008
41$559,442$204,954$137,188$420,657
42$583,829$182,321$109,108$423,130
43$609,674$157,549$79,057$425,430
44$637,094$130,501$46,938$427,562
45$666,215$101,034$12,648$429,536
46$697,176$68,992$0$431,363
47$730,131$34,215$0$436,381
48$765,245$0$0$443,379
49$802,700$0$0$451,938
50$842,698$0$0$474,767
51$885,456$0$0$499,192
52$931,214$0$0$525,352
53$980,236$0$0$553,400
54$1,032,811$0$0$583,504
55$1,089,255$0$0$615,850
56$1,149,916$0$0$650,639
57$1,215,175$0$0$688,093
58$1,285,452$0$0$728,457
59$1,361,206$0$0$771,999
60$1,442,944$0$0$819,013
61$1,531,219$0$0$869,823
62$1,626,644$0$0$924,785
63$1,729,888$0$0$984,289
64$1,841,688$0$0$1,048,766
65$1,962,855$0$0$1,118,689
66$2,094,281$0$0$1,194,576
67$2,236,946$0$0$1,276,999
68$2,391,928$0$0$1,366,588
69$2,560,412$0$0$1,464,034
70$2,743,704$0$0$1,570,098
71$2,943,239$0$0$1,685,618
72$3,160,595$0$0$1,811,515
73$3,397,513$0$0$1,948,804
74$3,655,904$0$0$2,098,600
75$3,937,874$0$0$2,262,132
76$4,245,740$0$0$2,440,753
77$4,582,055$0$0$2,635,952
78$4,949,625$0$0$2,849,368
79$5,351,544$0$0$3,082,805
80$5,791,217$0$0$3,338,251
81$6,272,391$0$0$3,617,895
82$6,799,194$0$0$3,924,144
83$7,376,173$0$0$4,259,654
84$8,008,333$0$0$4,627,347
85$8,701,186$0$0$5,030,439
86$9,460,804$0$0$5,472,477
87$10,293,875$0$0$5,957,365
88$11,207,762$0$0$6,489,401
89$12,210,580$0$0$7,073,324
90$13,311,263$0$0$7,714,350
91$14,519,655$0$0$8,418,226
92$15,846,598$0$0$9,191,283
93$17,304,036$0$0$10,040,496
94$18,905,127$0$0$10,973,547
95$20,664,366$0$0$11,998,901
96$22,597,721$0$0$13,125,881
97$24,722,785$0$0$14,364,760
98$27,058,938$0$0$15,726,857
99$29,627,533$0$0$17,224,639
100$32,452,095$0$0$18,871,845