Can I retire at age 30 with 336,000?

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 $336,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$27,747$27,499$27,258$27,023$26,793$26,124
2 years$13,736$13,480$13,232$12,992$12,759$12,089
3 years$9,066$8,809$8,562$8,324$8,095$7,445
4 years$6,732$6,476$6,231$5,997$5,773$5,149
5 years$5,332$5,077$4,836$4,606$4,389$3,791
6 years$4,399$4,146$3,908$3,684$3,473$2,903
7 years$3,732$3,482$3,247$3,029$2,824$2,282
8 years$3,233$2,984$2,754$2,541$2,343$1,828
9 years$2,844$2,599$2,372$2,164$1,973$1,485
10 years$2,534$2,290$2,068$1,865$1,681$1,219
11 years$2,280$2,039$1,821$1,623$1,446$1,010
12 years$2,069$1,830$1,616$1,424$1,253$842
13 years$1,890$1,654$1,444$1,257$1,093$705
14 years$1,737$1,503$1,297$1,116$958$594
15 years$1,604$1,373$1,171$995$843$502
16 years$1,489$1,260$1,062$891$745$425
17 years$1,386$1,160$966$801$661$361
18 years$1,296$1,072$882$722$588$307
19 years$1,215$994$807$652$524$262
20 years$1,142$923$741$591$468$224
21 years$1,076$860$682$536$419$191
22 years$1,016$803$628$487$375$164
23 years$962$751$580$444$337$140
24 years$912$704$536$405$303$120
25 years$866$660$497$370$272$103
26 years$824$621$461$338$245$89
27 years$785$584$428$309$221$76
28 years$749$550$398$283$200$65
29 years$715$519$370$260$180$56
30 years$684$490$345$239$163$48
31 years$655$464$321$219$147$42
32 years$627$439$300$201$133$36
33 years$602$415$280$185$121$31
34 years$578$394$262$170$109$26
35 years$555$373$245$157$99$23
36 years$534$354$229$144$90$20
37 years$513$337$214$133$81$17
38 years$494$320$201$123$74$15
39 years$476$304$188$113$67$12
40 years$459$289$176$104$61$11
41 years$443$275$165$96$55$9
42 years$428$262$155$89$50$8
43 years$413$250$145$82$45$7
44 years$399$238$136$76$41$6
45 years$386$227$128$70$37$5
46 years$373$217$120$65$34$4
47 years$361$207$113$60$31$4
48 years$350$197$106$55$28$3
49 years$339$189$100$51$25$3
50 years$328$180$94$47$23$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $336,000, adding $4,168 every year, while hoping to spend $24,595 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: 49/36/15 Blend
29$336,000$336,000$336,000$336,000
30$374,571$356,763$351,555$391,177
31$386,609$348,076$337,164$394,378
32$399,050$338,138$321,465$394,969
33$411,909$326,864$304,391$395,070
34$425,203$314,159$285,867$394,643
35$438,949$299,928$265,819$393,649
36$453,163$284,066$244,165$392,045
37$467,865$266,464$220,824$389,788
38$483,073$247,007$195,707$386,831
39$498,808$225,572$168,725$383,124
40$515,092$202,030$139,783$378,617
41$531,947$176,246$108,781$373,254
42$549,397$148,073$75,617$366,978
43$567,468$117,361$40,182$359,729
44$586,186$83,948$2,365$351,442
45$605,579$47,664$0$342,051
46$625,678$8,329$0$337,566
47$646,515$0$0$332,632
48$668,123$0$0$340,377
49$690,538$0$0$351,839
50$713,799$0$0$363,736
51$737,947$0$0$376,092
52$763,025$0$0$388,929
53$789,080$0$0$402,270
54$816,162$0$0$416,144
55$844,323$0$0$430,577
56$873,622$0$0$445,599
57$904,120$0$0$461,244
58$935,882$0$0$477,546
59$968,980$0$0$494,542
60$1,003,489$0$0$512,272
61$1,039,491$0$0$530,781
62$1,077,076$0$0$550,114
63$1,116,338$0$0$570,323
64$1,157,381$0$0$591,463
65$1,200,317$0$0$613,592
66$1,245,266$0$0$636,775
67$1,292,359$0$0$661,081
68$1,341,738$0$0$686,587
69$1,393,557$0$0$713,373
70$1,447,982$0$0$741,530
71$1,505,196$0$0$771,153
72$1,565,396$0$0$802,348
73$1,628,796$0$0$835,231
74$1,695,630$0$0$869,925
75$1,766,153$0$0$906,567
76$1,840,643$0$0$945,306
77$1,919,403$0$0$986,303
78$2,002,763$0$0$1,029,737
79$2,091,085$0$0$1,075,800
80$2,184,763$0$0$1,124,704
81$2,284,228$0$0$1,176,680
82$2,389,952$0$0$1,231,981
83$2,502,451$0$0$1,290,884
84$2,622,290$0$0$1,353,692
85$2,750,087$0$0$1,420,738
86$2,886,519$0$0$1,492,384
87$3,032,329$0$0$1,569,031
88$3,188,330$0$0$1,651,115
89$3,355,415$0$0$1,739,116
90$3,534,561$0$0$1,833,560
91$3,726,843$0$0$1,935,025
92$3,933,437$0$0$2,044,144
93$4,155,637$0$0$2,161,613
94$4,394,863$0$0$2,288,196
95$4,652,674$0$0$2,424,733
96$4,930,782$0$0$2,572,146
97$5,231,068$0$0$2,731,447
98$5,555,599$0$0$2,903,751
99$5,906,648$0$0$3,090,282
100$6,286,712$0$0$3,292,384