Can I retire at age 30 with 376,000?

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 $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%11%
1 years$31,050$30,773$30,503$30,240$29,983$29,856
2 years$15,371$15,085$14,807$14,538$14,278$14,150
3 years$10,146$9,858$9,581$9,315$9,058$8,933
4 years$7,533$7,247$6,973$6,711$6,460$6,339
5 years$5,966$5,682$5,411$5,155$4,911$4,794
6 years$4,922$4,639$4,373$4,122$3,886$3,773
7 years$4,177$3,896$3,634$3,389$3,160$3,052
8 years$3,618$3,340$3,082$2,843$2,622$2,518
9 years$3,183$2,908$2,654$2,422$2,208$2,108
10 years$2,836$2,563$2,314$2,087$1,881$1,785
11 years$2,552$2,282$2,037$1,817$1,618$1,526
12 years$2,315$2,048$1,808$1,593$1,402$1,314
13 years$2,115$1,851$1,615$1,407$1,223$1,139
14 years$1,944$1,682$1,451$1,249$1,072$992
15 years$1,795$1,537$1,311$1,114$944$868
16 years$1,666$1,410$1,188$997$834$762
17 years$1,552$1,299$1,081$896$739$671
18 years$1,450$1,200$987$807$658$592
19 years$1,359$1,112$904$730$586$524
20 years$1,278$1,033$829$661$523$465
21 years$1,204$963$763$600$468$413
22 years$1,137$899$703$545$420$368
23 years$1,076$840$649$497$377$328
24 years$1,021$787$600$453$339$292
25 years$969$739$556$414$305$261
26 years$922$694$516$378$275$233
27 years$878$654$479$346$248$209
28 years$838$616$445$317$223$187
29 years$800$581$414$291$202$167
30 years$765$549$386$267$182$150
31 years$733$519$360$245$165$135
32 years$702$491$336$225$149$121
33 years$673$465$313$207$135$108
34 years$646$441$293$191$122$97
35 years$621$418$274$175$111$87
36 years$597$397$256$162$100$79
37 years$575$377$240$149$91$71
38 years$553$358$224$137$82$63
39 years$533$340$210$127$75$57
40 years$514$324$197$117$68$51
41 years$496$308$185$108$61$46
42 years$479$294$173$99$56$42
43 years$462$280$163$92$51$37
44 years$447$267$153$85$46$34
45 years$432$254$143$78$42$30
46 years$418$243$135$72$38$27
47 years$404$231$127$67$34$25
48 years$391$221$119$62$31$22
49 years$379$211$112$57$28$20
50 years$367$202$105$53$26$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $376,000, adding $5,302 every year, while hoping to spend $27,394 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: 49/46/5 Blend
29$376,000$376,000$376,000$376,000
30$419,821$399,893$394,065$439,617
31$433,496$390,341$378,119$444,136
32$447,647$379,402$360,721$445,668
33$462,295$366,981$341,793$446,676
34$477,460$352,974$321,254$447,117
35$493,164$337,273$299,019$446,946
36$509,431$319,763$275,000$446,117
37$526,285$300,323$249,105$444,578
38$543,751$278,825$221,235$442,278
39$561,859$255,132$191,292$439,161
40$580,637$229,102$159,169$435,167
41$600,117$200,583$124,755$430,236
42$620,331$169,414$87,937$424,302
43$641,316$135,427$48,595$417,296
44$663,110$98,442$6,602$409,146
45$685,752$58,271$0$399,776
46$709,287$14,714$0$391,146
47$733,760$0$0$381,640
48$759,221$0$0$387,247
49$785,724$0$0$400,843
50$813,325$0$0$415,009
51$842,087$0$0$429,778
52$872,075$0$0$445,186
53$903,361$0$0$461,270
54$936,022$0$0$478,070
55$970,141$0$0$495,632
56$1,005,806$0$0$514,001
57$1,043,117$0$0$533,231
58$1,082,176$0$0$553,376
59$1,123,098$0$0$574,498
60$1,166,007$0$0$596,661
61$1,211,035$0$0$619,937
62$1,258,328$0$0$644,404
63$1,308,044$0$0$670,144
64$1,360,353$0$0$697,251
65$1,415,444$0$0$725,823
66$1,473,518$0$0$755,970
67$1,534,797$0$0$787,809
68$1,599,522$0$0$821,469
69$1,667,957$0$0$857,092
70$1,740,389$0$0$894,831
71$1,817,131$0$0$934,855
72$1,898,527$0$0$977,346
73$1,984,950$0$0$1,022,507
74$2,076,811$0$0$1,070,556
75$2,174,558$0$0$1,121,735
76$2,278,681$0$0$1,176,306
77$2,389,717$0$0$1,234,558
78$2,508,256$0$0$1,296,808
79$2,634,941$0$0$1,363,401
80$2,770,480$0$0$1,434,718
81$2,915,647$0$0$1,511,174
82$3,071,293$0$0$1,593,229
83$3,238,349$0$0$1,681,381
84$3,417,839$0$0$1,776,184
85$3,610,886$0$0$1,878,240
86$3,818,724$0$0$1,988,214
87$4,042,706$0$0$2,106,834
88$4,284,320$0$0$2,234,902
89$4,545,200$0$0$2,373,298
90$4,827,142$0$0$2,522,989
91$5,132,120$0$0$2,685,039
92$5,462,303$0$0$2,860,616
93$5,820,076$0$0$3,051,005
94$6,208,061$0$0$3,257,620
95$6,629,142$0$0$3,482,015
96$7,086,491$0$0$3,725,900
97$7,583,597$0$0$3,991,156
98$8,124,297$0$0$4,279,853
99$8,712,815$0$0$4,594,267
100$9,353,796$0$0$4,936,904