Can I retire at age 30 with 372,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%13.7%
1 years$30,719$30,446$30,179$29,918$29,664$29,208
2 years$15,208$14,924$14,650$14,384$14,126$13,668
3 years$10,038$9,753$9,479$9,216$8,962$8,516
4 years$7,453$7,170$6,899$6,639$6,392$5,961
5 years$5,903$5,621$5,354$5,100$4,859$4,445
6 years$4,870$4,590$4,327$4,078$3,845$3,448
7 years$4,132$3,855$3,595$3,353$3,127$2,747
8 years$3,579$3,304$3,049$2,813$2,594$2,232
9 years$3,149$2,877$2,626$2,396$2,184$1,839
10 years$2,805$2,536$2,290$2,065$1,861$1,533
11 years$2,524$2,258$2,016$1,797$1,601$1,289
12 years$2,290$2,026$1,789$1,577$1,387$1,091
13 years$2,093$1,831$1,598$1,392$1,210$929
14 years$1,923$1,664$1,436$1,236$1,060$795
15 years$1,776$1,520$1,297$1,102$934$683
16 years$1,648$1,395$1,176$987$825$588
17 years$1,535$1,285$1,070$886$732$508
18 years$1,435$1,187$976$799$651$440
19 years$1,345$1,100$894$722$580$382
20 years$1,264$1,022$820$654$518$332
21 years$1,191$952$755$593$463$289
22 years$1,125$889$695$539$415$252
23 years$1,065$831$642$491$373$220
24 years$1,010$779$594$448$335$192
25 years$959$731$550$409$302$168
26 years$912$687$510$374$272$147
27 years$869$647$474$343$245$129
28 years$829$609$440$314$221$113
29 years$792$575$410$288$200$99
30 years$757$543$382$264$180$87
31 years$725$513$356$243$163$76
32 years$695$486$332$223$147$67
33 years$666$460$310$205$133$59
34 years$640$436$290$189$121$52
35 years$614$413$271$174$109$45
36 years$591$392$253$160$99$40
37 years$569$373$237$147$90$35
38 years$547$354$222$136$81$31
39 years$527$337$208$125$74$27
40 years$509$320$195$115$67$24
41 years$491$305$183$107$61$21
42 years$474$290$172$98$55$18
43 years$457$277$161$91$50$16
44 years$442$264$151$84$45$14
45 years$427$252$142$77$41$12
46 years$413$240$133$72$37$11
47 years$400$229$125$66$34$10
48 years$387$219$118$61$31$8
49 years$375$209$111$56$28$7
50 years$363$199$104$52$25$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $372,000, adding $4,132 every year, while hoping to spend $32,164 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: 31/49/20 Blend
29$372,000$372,000$372,000$372,000
30$414,206$394,490$388,724$424,357
31$422,233$379,598$367,524$417,461
32$430,000$362,898$344,536$406,846
33$437,448$344,268$319,666$394,743
34$444,509$323,578$292,815$381,041
35$451,106$300,691$263,882$365,624
36$457,157$275,462$232,760$348,366
37$462,565$247,738$199,336$329,133
38$467,227$217,357$163,493$307,782
39$471,024$184,148$125,111$284,160
40$473,828$147,931$84,061$258,102
41$475,492$108,513$40,211$229,435
42$475,857$65,694$0$197,970
43$474,742$19,261$0$164,913
44$471,949$0$0$137,893
45$467,258$0$0$124,843
46$460,425$0$0$121,413
47$451,178$0$0$117,124
48$439,217$0$0$111,872
49$424,210$0$0$105,543
50$405,788$0$0$98,009
51$383,544$0$0$89,130
52$357,026$0$0$78,752
53$325,736$0$0$66,701
54$289,121$0$0$52,789
55$246,572$0$0$36,805
56$197,414$0$0$18,517
57$140,901$0$0$0
58$76,209$0$0$0
59$2,428$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