Can I retire at age 30 with 376,000?

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 $376,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$31,050$30,773$30,503$30,240$29,983$29,389
2 years$15,371$15,085$14,807$14,538$14,278$13,682
3 years$10,146$9,858$9,581$9,315$9,058$8,480
4 years$7,533$7,247$6,973$6,711$6,460$5,903
5 years$5,966$5,682$5,411$5,155$4,911$4,376
6 years$4,922$4,639$4,373$4,122$3,886$3,374
7 years$4,177$3,896$3,634$3,389$3,160$2,672
8 years$3,618$3,340$3,082$2,843$2,622$2,157
9 years$3,183$2,908$2,654$2,422$2,208$1,766
10 years$2,836$2,563$2,314$2,087$1,881$1,462
11 years$2,552$2,282$2,037$1,817$1,618$1,220
12 years$2,315$2,048$1,808$1,593$1,402$1,026
13 years$2,115$1,851$1,615$1,407$1,223$867
14 years$1,944$1,682$1,451$1,249$1,072$737
15 years$1,795$1,537$1,311$1,114$944$628
16 years$1,666$1,410$1,188$997$834$537
17 years$1,552$1,299$1,081$896$739$460
18 years$1,450$1,200$987$807$658$396
19 years$1,359$1,112$904$730$586$341
20 years$1,278$1,033$829$661$523$294
21 years$1,204$963$763$600$468$254
22 years$1,137$899$703$545$420$219
23 years$1,076$840$649$497$377$190
24 years$1,021$787$600$453$339$164
25 years$969$739$556$414$305$143
26 years$922$694$516$378$275$124
27 years$878$654$479$346$248$107
28 years$838$616$445$317$223$93
29 years$800$581$414$291$202$81
30 years$765$549$386$267$182$70
31 years$733$519$360$245$165$61
32 years$702$491$336$225$149$53
33 years$673$465$313$207$135$46
34 years$646$441$293$191$122$40
35 years$621$418$274$175$111$35
36 years$597$397$256$162$100$30
37 years$575$377$240$149$91$26
38 years$553$358$224$137$82$23
39 years$533$340$210$127$75$20
40 years$514$324$197$117$68$17
41 years$496$308$185$108$61$15
42 years$479$294$173$99$56$13
43 years$462$280$163$92$51$12
44 years$447$267$153$85$46$10
45 years$432$254$143$78$42$9
46 years$418$243$135$72$38$8
47 years$404$231$127$67$34$7
48 years$391$221$119$62$31$6
49 years$379$211$112$57$28$5
50 years$367$202$105$53$26$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $376,000, adding $4,893 every year, while hoping to spend $25,447 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: 78/12/10 Blend
29$376,000$376,000$376,000$376,000
30$419,399$399,471$393,643$451,019
31$435,102$391,970$379,755$464,989
32$451,555$383,248$364,548$476,537
33$468,805$373,219$347,953$488,466
34$486,908$361,791$329,894$500,802
35$505,921$348,868$310,293$513,575
36$525,908$334,345$289,071$526,819
37$546,937$318,115$266,142$540,571
38$569,085$300,062$241,418$554,872
39$592,431$280,066$214,805$569,766
40$617,066$257,996$186,208$585,305
41$643,087$233,717$155,526$601,544
42$670,598$207,086$122,652$618,545
43$699,716$177,950$87,478$636,377
44$730,566$146,149$49,888$655,117
45$763,287$111,513$9,762$674,849
46$798,029$73,864$0$695,667
47$834,956$33,012$0$721,203
48$874,249$0$0$749,387
49$916,105$0$0$780,802
50$960,740$0$0$818,959
51$1,008,390$0$0$859,702
52$1,059,315$0$0$903,252
53$1,113,798$0$0$949,853
54$1,172,151$0$0$999,774
55$1,234,715$0$0$1,053,307
56$1,301,866$0$0$1,110,775
57$1,374,014$0$0$1,172,531
58$1,451,611$0$0$1,238,962
59$1,535,152$0$0$1,310,494
60$1,625,183$0$0$1,387,595
61$1,722,299$0$0$1,470,778
62$1,827,160$0$0$1,560,608
63$1,940,485$0$0$1,657,705
64$2,063,069$0$0$1,762,750
65$2,195,782$0$0$1,876,492
66$2,339,585$0$0$1,999,755
67$2,495,529$0$0$2,133,444
68$2,664,776$0$0$2,278,556
69$2,848,599$0$0$2,436,185
70$3,048,400$0$0$2,607,537
71$3,265,722$0$0$2,793,936
72$3,502,262$0$0$2,996,843
73$3,759,887$0$0$3,217,860
74$4,040,652$0$0$3,458,754
75$4,346,820$0$0$3,721,469
76$4,680,877$0$0$4,008,142
77$5,045,566$0$0$4,321,130
78$5,443,900$0$0$4,663,024
79$5,879,201$0$0$5,036,676
80$6,355,123$0$0$5,445,229
81$6,875,691$0$0$5,892,141
82$7,445,336$0$0$6,381,220
83$8,068,937$0$0$6,916,660
84$8,751,866$0$0$7,503,078
85$9,500,041$0$0$8,145,560
86$10,319,978$0$0$8,849,705
87$11,218,853$0$0$9,621,682
88$12,204,569$0$0$10,468,285
89$13,285,832$0$0$11,396,994
90$14,472,231$0$0$12,416,051
91$15,774,326$0$0$13,534,533
92$17,203,752$0$0$14,762,441
93$18,773,324$0$0$16,110,787
94$20,497,158$0$0$17,591,706
95$22,390,804$0$0$19,218,564
96$24,471,395$0$0$21,006,085
97$26,757,804$0$0$22,970,491
98$29,270,821$0$0$25,129,653
99$32,033,353$0$0$27,503,258
100$35,070,637$0$0$30,112,999