Can I retire at age 30 with 364,000?

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 $364,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$30,059$29,791$29,530$29,275$29,026$28,417
2 years$14,881$14,603$14,335$14,074$13,822$13,211
3 years$9,822$9,544$9,276$9,018$8,769$8,176
4 years$7,293$7,015$6,750$6,497$6,254$5,683
5 years$5,776$5,500$5,238$4,990$4,754$4,206
6 years$4,765$4,491$4,233$3,991$3,762$3,238
7 years$4,043$3,772$3,518$3,281$3,059$2,560
8 years$3,502$3,233$2,984$2,752$2,538$2,063
9 years$3,081$2,815$2,570$2,344$2,137$1,686
10 years$2,745$2,481$2,240$2,021$1,821$1,393
11 years$2,470$2,209$1,972$1,759$1,566$1,161
12 years$2,241$1,983$1,750$1,543$1,357$974
13 years$2,048$1,792$1,564$1,362$1,184$822
14 years$1,882$1,629$1,405$1,209$1,038$696
15 years$1,738$1,488$1,269$1,078$914$592
16 years$1,613$1,365$1,150$965$807$505
17 years$1,502$1,257$1,047$867$716$432
18 years$1,404$1,162$955$782$637$371
19 years$1,316$1,077$875$706$567$319
20 years$1,237$1,000$803$640$507$274
21 years$1,166$932$738$581$454$236
22 years$1,101$870$681$528$407$204
23 years$1,042$814$628$481$365$176
24 years$988$762$581$438$328$152
25 years$938$715$538$400$295$131
26 years$893$672$499$366$266$114
27 years$850$633$464$335$240$98
28 years$811$596$431$307$216$85
29 years$775$562$401$282$195$74
30 years$741$531$374$258$176$64
31 years$709$502$348$237$160$56
32 years$680$475$325$218$144$48
33 years$652$450$303$201$131$42
34 years$626$426$283$185$118$36
35 years$601$404$265$170$107$31
36 years$578$384$248$156$97$27
37 years$556$365$232$144$88$24
38 years$536$347$217$133$80$21
39 years$516$330$204$123$72$18
40 years$498$314$191$113$66$16
41 years$480$298$179$104$59$13
42 years$463$284$168$96$54$12
43 years$448$271$157$89$49$10
44 years$432$258$148$82$44$9
45 years$418$246$139$76$40$8
46 years$404$235$130$70$37$7
47 years$391$224$122$65$33$6
48 years$379$214$115$60$30$5
49 years$367$204$108$55$27$4
50 years$355$195$102$51$25$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $364,000, adding $4,401 every year, while hoping to spend $22,462 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: 52/42/6 Blend
29$364,000$364,000$364,000$364,000
30$405,668$386,376$380,734$425,959
31$423,146$381,409$369,589$435,247
32$441,655$375,445$357,318$442,521
33$461,275$368,413$343,859$449,891
34$482,095$360,236$329,149$457,367
35$504,213$350,832$313,119$464,966
36$527,735$340,114$295,700$472,708
37$552,776$327,992$276,819$480,612
38$579,465$314,370$256,398$488,707
39$607,941$299,144$234,358$497,020
40$638,356$282,208$210,615$505,589
41$670,879$263,446$185,081$514,451
42$705,693$242,739$157,665$523,655
43$742,998$219,958$128,271$533,254
44$783,017$194,969$96,801$543,307
45$825,990$167,628$63,150$553,885
46$872,185$137,786$27,209$565,068
47$921,893$105,282$0$576,945
48$975,435$69,950$0$590,333
49$1,033,162$31,610$0$606,539
50$1,095,462$0$0$623,958
51$1,162,759$0$0$647,334
52$1,235,521$0$0$688,431
53$1,314,261$0$0$732,936
54$1,399,543$0$0$781,170
55$1,491,987$0$0$833,488
56$1,592,275$0$0$890,281
57$1,701,159$0$0$951,977
58$1,819,462$0$0$1,019,050
59$1,948,093$0$0$1,092,018
60$2,088,050$0$0$1,171,453
61$2,240,432$0$0$1,257,984
62$2,406,449$0$0$1,352,303
63$2,587,430$0$0$1,455,172
64$2,784,840$0$0$1,567,429
65$3,000,291$0$0$1,689,996
66$3,235,557$0$0$1,823,891
67$3,492,592$0$0$1,970,230
68$3,773,544$0$0$2,130,245
69$4,080,782$0$0$2,305,292
70$4,416,912$0$0$2,496,863
71$4,784,803$0$0$2,706,602
72$5,187,616$0$0$2,936,319
73$5,628,832$0$0$3,188,007
74$6,112,282$0$0$3,463,861
75$6,642,187$0$0$3,766,298
76$7,223,195$0$0$4,097,981
77$7,860,427$0$0$4,461,842
78$8,559,522$0$0$4,861,113
79$9,326,689$0$0$5,299,350
80$10,168,772$0$0$5,780,472
81$11,093,307$0$0$6,308,798
82$12,108,594$0$0$6,889,083
83$13,223,780$0$0$7,526,566
84$14,448,937$0$0$8,227,018
85$15,795,166$0$0$8,996,797
86$17,274,691$0$0$9,842,909
87$18,900,984$0$0$10,773,070
88$20,688,882$0$0$11,795,782
89$22,654,736$0$0$12,920,412
90$24,816,559$0$0$14,157,281
91$27,194,195$0$0$15,517,758
92$29,809,510$0$0$17,014,371
93$32,686,594$0$0$18,660,924
94$35,851,992$0$0$20,472,625
95$39,334,948$0$0$22,466,230
96$43,167,686$0$0$24,660,203
97$47,385,711$0$0$27,074,887
98$52,028,145$0$0$29,732,698
99$57,138,093$0$0$32,658,335
100$62,763,054$0$0$35,879,014