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%15.9%
1 years$30,719$30,446$30,179$29,918$29,664$28,947
2 years$15,208$14,924$14,650$14,384$14,126$13,407
3 years$10,038$9,753$9,479$9,216$8,962$8,265
4 years$7,453$7,170$6,899$6,639$6,392$5,722
5 years$5,903$5,621$5,354$5,100$4,859$4,217
6 years$4,870$4,590$4,327$4,078$3,845$3,233
7 years$4,132$3,855$3,595$3,353$3,127$2,544
8 years$3,579$3,304$3,049$2,813$2,594$2,040
9 years$3,149$2,877$2,626$2,396$2,184$1,659
10 years$2,805$2,536$2,290$2,065$1,861$1,364
11 years$2,524$2,258$2,016$1,797$1,601$1,131
12 years$2,290$2,026$1,789$1,577$1,387$944
13 years$2,093$1,831$1,598$1,392$1,210$792
14 years$1,923$1,664$1,436$1,236$1,060$668
15 years$1,776$1,520$1,297$1,102$934$565
16 years$1,648$1,395$1,176$987$825$479
17 years$1,535$1,285$1,070$886$732$408
18 years$1,435$1,187$976$799$651$348
19 years$1,345$1,100$894$722$580$297
20 years$1,264$1,022$820$654$518$254
21 years$1,191$952$755$593$463$217
22 years$1,125$889$695$539$415$186
23 years$1,065$831$642$491$373$160
24 years$1,010$779$594$448$335$137
25 years$959$731$550$409$302$118
26 years$912$687$510$374$272$101
27 years$869$647$474$343$245$87
28 years$829$609$440$314$221$75
29 years$792$575$410$288$200$65
30 years$757$543$382$264$180$56
31 years$725$513$356$243$163$48
32 years$695$486$332$223$147$41
33 years$666$460$310$205$133$36
34 years$640$436$290$189$121$31
35 years$614$413$271$174$109$26
36 years$591$392$253$160$99$23
37 years$569$373$237$147$90$20
38 years$547$354$222$136$81$17
39 years$527$337$208$125$74$15
40 years$509$320$195$115$67$13
41 years$491$305$183$107$61$11
42 years$474$290$172$98$55$9
43 years$457$277$161$91$50$8
44 years$442$264$151$84$45$7
45 years$427$252$142$77$41$6
46 years$413$240$133$72$37$5
47 years$400$229$125$66$34$4
48 years$387$219$118$61$31$4
49 years$375$209$111$56$28$3
50 years$363$199$104$52$25$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $372,000, adding $5,338 every year, while hoping to spend $26,553 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: 61/22/17 Blend
29$372,000$372,000$372,000$372,000
30$415,450$395,734$389,968$438,684
31$429,574$386,873$374,780$446,121
32$444,248$376,688$358,193$450,791
33$459,501$365,085$340,132$455,266
34$475,364$351,967$320,520$459,530
35$491,867$337,230$299,273$463,567
36$509,046$320,763$276,308$467,359
37$526,939$302,450$251,534$470,889
38$545,584$282,168$224,858$474,140
39$565,025$259,786$196,182$477,092
40$585,309$235,167$165,406$479,728
41$606,486$208,165$132,422$482,030
42$628,608$178,626$97,119$483,977
43$651,736$146,388$59,382$485,552
44$675,931$111,280$19,090$486,737
45$701,263$73,119$0$487,513
46$727,804$31,714$0$492,200
47$755,636$0$0$500,421
48$784,845$0$0$511,899
49$815,525$0$0$532,028
50$847,779$0$0$553,200
51$881,719$0$0$575,490
52$917,466$0$0$598,977
53$955,152$0$0$623,751
54$994,922$0$0$649,908
55$1,036,932$0$0$677,552
56$1,081,353$0$0$706,799
57$1,128,373$0$0$737,774
58$1,178,196$0$0$770,612
59$1,231,045$0$0$805,465
60$1,287,163$0$0$842,493
61$1,346,819$0$0$881,878
62$1,410,302$0$0$923,813
63$1,477,933$0$0$968,513
64$1,550,061$0$0$1,016,212
65$1,627,070$0$0$1,067,167
66$1,709,380$0$0$1,121,660
67$1,797,450$0$0$1,179,999
68$1,891,785$0$0$1,242,522
69$1,992,938$0$0$1,309,600
70$2,101,518$0$0$1,381,641
71$2,218,189$0$0$1,459,092
72$2,343,684$0$0$1,542,444
73$2,478,805$0$0$1,632,235
74$2,624,435$0$0$1,729,057
75$2,781,541$0$0$1,833,560
76$2,951,190$0$0$1,946,459
77$3,134,549$0$0$2,068,539
78$3,332,904$0$0$2,200,663
79$3,547,669$0$0$2,343,779
80$3,780,396$0$0$2,498,930
81$4,032,793$0$0$2,667,263
82$4,306,740$0$0$2,850,040
83$4,604,300$0$0$3,048,647
84$4,927,748$0$0$3,264,612
85$5,279,581$0$0$3,499,612
86$5,662,552$0$0$3,755,496
87$6,079,687$0$0$4,034,296
88$6,534,315$0$0$4,338,249
89$7,030,101$0$0$4,669,818
90$7,571,081$0$0$5,031,713
91$8,161,693$0$0$5,426,916
92$8,806,827$0$0$5,858,713
93$9,511,862$0$0$6,330,717
94$10,282,723$0$0$6,846,910
95$11,125,933$0$0$7,411,674
96$12,048,672$0$0$8,029,834
97$13,058,850$0$0$8,706,706
98$14,165,174$0$0$9,448,140
99$15,377,234$0$0$10,260,581
100$16,705,591$0$0$11,151,126