Can I retire at age 30 with 372,000?

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 $372,000?

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$30,719$30,446$30,179$29,918$29,664$28,680
2 years$15,208$14,924$14,650$14,384$14,126$13,144
3 years$10,038$9,753$9,479$9,216$8,962$8,013
4 years$7,453$7,170$6,899$6,639$6,392$5,483
5 years$5,903$5,621$5,354$5,100$4,859$3,993
6 years$4,870$4,590$4,327$4,078$3,845$3,022
7 years$4,132$3,855$3,595$3,353$3,127$2,348
8 years$3,579$3,304$3,049$2,813$2,594$1,857
9 years$3,149$2,877$2,626$2,396$2,184$1,490
10 years$2,805$2,536$2,290$2,065$1,861$1,207
11 years$2,524$2,258$2,016$1,797$1,601$986
12 years$2,290$2,026$1,789$1,577$1,387$811
13 years$2,093$1,831$1,598$1,392$1,210$670
14 years$1,923$1,664$1,436$1,236$1,060$556
15 years$1,776$1,520$1,297$1,102$934$463
16 years$1,648$1,395$1,176$987$825$386
17 years$1,535$1,285$1,070$886$732$323
18 years$1,435$1,187$976$799$651$271
19 years$1,345$1,100$894$722$580$227
20 years$1,264$1,022$820$654$518$191
21 years$1,191$952$755$593$463$161
22 years$1,125$889$695$539$415$135
23 years$1,065$831$642$491$373$114
24 years$1,010$779$594$448$335$96
25 years$959$731$550$409$302$81
26 years$912$687$510$374$272$68
27 years$869$647$474$343$245$58
28 years$829$609$440$314$221$49
29 years$792$575$410$288$200$41
30 years$757$543$382$264$180$35
31 years$725$513$356$243$163$29
32 years$695$486$332$223$147$25
33 years$666$460$310$205$133$21
34 years$640$436$290$189$121$18
35 years$614$413$271$174$109$15
36 years$591$392$253$160$99$13
37 years$569$373$237$147$90$11
38 years$547$354$222$136$81$9
39 years$527$337$208$125$74$8
40 years$509$320$195$115$67$7
41 years$491$305$183$107$61$6
42 years$474$290$172$98$55$5
43 years$457$277$161$91$50$4
44 years$442$264$151$84$45$3
45 years$427$252$142$77$41$3
46 years$413$240$133$72$37$2
47 years$400$229$125$66$34$2
48 years$387$219$118$61$31$2
49 years$375$209$111$56$28$1
50 years$363$199$104$52$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $372,000, adding $5,522 every year, while hoping to spend $24,742 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: 80/8/12 Blend
29$372,000$372,000$372,000$372,000
30$415,640$395,924$390,158$447,531
31$431,710$388,999$376,903$462,341
32$448,590$380,905$362,375$474,815
33$466,336$371,560$346,504$487,785
34$485,010$360,874$329,220$501,286
35$504,679$348,754$310,446$515,362
36$525,415$335,102$290,105$530,059
37$547,298$319,813$268,114$545,427
38$570,414$302,775$244,388$561,523
39$594,857$283,873$218,836$578,410
40$620,732$262,981$191,366$596,156
41$648,149$239,970$161,879$614,837
42$677,231$214,700$130,274$634,537
43$708,114$187,025$96,443$655,349
44$740,944$156,792$60,276$677,377
45$775,881$123,836$21,656$700,734
46$813,102$87,984$0$725,545
47$852,799$49,056$0$754,453
48$895,183$6,858$0$788,231
49$940,485$0$0$824,288
50$988,959$0$0$866,247
51$1,040,882$0$0$911,846
52$1,096,559$0$0$960,748
53$1,156,325$0$0$1,013,250
54$1,220,547$0$0$1,069,673
55$1,289,627$0$0$1,130,374
56$1,364,007$0$0$1,195,741
57$1,444,174$0$0$1,266,202
58$1,530,660$0$0$1,342,229
59$1,624,052$0$0$1,424,336
60$1,724,994$0$0$1,513,093
61$1,834,193$0$0$1,609,122
62$1,952,428$0$0$1,713,109
63$2,080,555$0$0$1,825,808
64$2,219,513$0$0$1,948,049
65$2,370,337$0$0$2,080,742
66$2,534,165$0$0$2,224,891
67$2,712,248$0$0$2,381,598
68$2,905,963$0$0$2,552,077
69$3,116,824$0$0$2,737,664
70$3,346,499$0$0$2,939,826
71$3,596,820$0$0$3,160,180
72$3,869,808$0$0$3,400,506
73$4,167,682$0$0$3,662,762
74$4,492,889$0$0$3,949,104
75$4,848,121$0$0$4,261,903
76$5,236,340$0$0$4,603,773
77$5,660,810$0$0$4,977,589
78$6,125,121$0$0$5,386,517
79$6,633,231$0$0$5,834,044
80$7,189,493$0$0$6,324,010
81$7,798,703$0$0$6,860,641
82$8,466,143$0$0$7,448,593
83$9,197,629$0$0$8,092,993
84$9,999,566$0$0$8,799,489
85$10,879,010$0$0$9,574,299
86$11,843,732$0$0$10,424,273
87$12,902,289$0$0$11,356,957
88$14,064,110$0$0$12,380,661
89$15,339,580$0$0$13,504,539
90$16,740,136$0$0$14,738,677
91$18,278,380$0$0$16,094,181
92$19,968,194$0$0$17,583,290
93$21,824,870$0$0$19,219,484
94$23,865,254$0$0$21,017,615
95$26,107,906$0$0$22,994,044
96$28,573,273$0$0$25,166,797
97$31,283,882$0$0$27,555,733
98$34,264,551$0$0$30,182,731
99$37,542,625$0$0$33,071,896
100$41,148,229$0$0$36,249,788