Can I retire at age 30 with 363,000?

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 $363,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$29,976$29,709$29,449$29,194$28,946$28,608
2 years$14,840$14,563$14,295$14,036$13,784$13,444
3 years$9,795$9,517$9,250$8,993$8,745$8,413
4 years$7,273$6,996$6,732$6,479$6,237$5,916
5 years$5,760$5,485$5,224$4,976$4,741$4,432
6 years$4,752$4,479$4,222$3,980$3,752$3,455
7 years$4,032$3,761$3,508$3,272$3,051$2,767
8 years$3,493$3,224$2,975$2,745$2,531$2,259
9 years$3,073$2,807$2,563$2,338$2,132$1,872
10 years$2,738$2,475$2,234$2,015$1,816$1,568
11 years$2,463$2,203$1,967$1,754$1,562$1,326
12 years$2,235$1,977$1,746$1,538$1,354$1,129
13 years$2,042$1,787$1,560$1,358$1,180$967
14 years$1,877$1,624$1,401$1,206$1,035$832
15 years$1,733$1,484$1,265$1,075$911$719
16 years$1,608$1,361$1,147$963$805$624
17 years$1,498$1,254$1,044$865$714$543
18 years$1,400$1,158$953$780$635$473
19 years$1,312$1,074$872$704$566$413
20 years$1,234$998$801$638$505$362
21 years$1,163$929$736$579$452$317
22 years$1,098$867$679$526$405$278
23 years$1,039$811$627$479$364$245
24 years$985$760$580$437$327$215
25 years$936$713$537$399$294$190
26 years$890$670$498$365$265$167
27 years$848$631$462$334$239$147
28 years$809$595$430$306$216$130
29 years$773$561$400$281$195$115
30 years$739$530$372$258$176$101
31 years$707$501$347$237$159$90
32 years$678$474$324$218$144$79
33 years$650$449$303$200$130$70
34 years$624$425$283$184$118$62
35 years$600$403$264$169$107$55
36 years$577$383$247$156$97$49
37 years$555$364$231$144$88$43
38 years$534$346$217$133$80$38
39 years$515$329$203$122$72$34
40 years$496$313$190$113$65$30
41 years$479$298$178$104$59$26
42 years$462$283$167$96$54$23
43 years$446$270$157$89$49$21
44 years$431$257$147$82$44$18
45 years$417$245$138$76$40$16
46 years$403$234$130$70$37$14
47 years$390$223$122$64$33$13
48 years$378$213$115$60$30$11
49 years$366$204$108$55$27$10
50 years$354$195$101$51$25$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $363,000, adding $5,785 every year, while hoping to spend $38,429 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: 68/22/10 Blend
29$363,000$363,000$363,000$363,000
30$405,993$386,754$381,128$432,382
31$406,516$364,817$353,007$428,717
32$405,805$340,517$322,657$419,546
33$403,692$313,698$289,961$408,506
34$399,994$284,194$254,800$395,406
35$394,505$251,831$217,047$380,040
36$386,997$216,423$176,571$362,182
37$377,220$177,777$133,236$341,583
38$364,895$135,686$86,897$317,973
39$349,711$89,933$37,406$291,055
40$331,329$40,286$0$260,504
41$309,369$0$0$227,607
42$283,412$0$0$197,963
43$252,997$0$0$174,717
44$217,610$0$0$147,731
45$176,686$0$0$116,581
46$129,600$0$0$80,798
47$75,660$0$0$39,864
48$14,102$0$0$0
49$0$0$0$0
50$0$0$0$0
51$0$0$0$0
52$0$0$0$0
53$0$0$0$0
54$0$0$0$0
55$0$0$0$0
56$0$0$0$0
57$0$0$0$0
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0