Can I retire at age 30 with 368,000?

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 $368,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$30,389$30,118$29,854$29,597$29,345$28,270
2 years$15,044$14,764$14,492$14,229$13,974$12,903
3 years$9,930$9,648$9,378$9,117$8,866$7,832
4 years$7,373$7,093$6,824$6,568$6,323$5,335
5 years$5,840$5,561$5,296$5,045$4,807$3,867
6 years$4,817$4,541$4,280$4,034$3,803$2,912
7 years$4,088$3,813$3,557$3,317$3,093$2,251
8 years$3,541$3,269$3,016$2,783$2,566$1,771
9 years$3,115$2,846$2,598$2,370$2,161$1,413
10 years$2,775$2,509$2,265$2,043$1,841$1,138
11 years$2,497$2,233$1,994$1,778$1,584$925
12 years$2,266$2,004$1,770$1,560$1,372$756
13 years$2,070$1,811$1,581$1,377$1,197$621
14 years$1,902$1,647$1,421$1,222$1,049$512
15 years$1,757$1,504$1,283$1,090$924$423
16 years$1,630$1,380$1,163$976$816$351
17 years$1,519$1,271$1,058$877$724$292
18 years$1,419$1,174$966$790$644$243
19 years$1,330$1,088$884$714$574$202
20 years$1,251$1,011$812$647$512$169
21 years$1,179$942$746$587$458$141
22 years$1,113$879$688$534$411$118
23 years$1,054$823$635$486$369$99
24 years$999$771$588$443$332$83
25 years$949$723$544$405$298$69
26 years$903$680$505$370$269$58
27 years$860$640$469$339$242$49
28 years$820$603$436$310$219$41
29 years$783$569$405$285$197$34
30 years$749$537$378$261$178$29
31 years$717$508$352$240$161$24
32 years$687$480$328$221$146$20
33 years$659$455$307$203$132$17
34 years$633$431$287$187$120$14
35 years$608$409$268$172$108$12
36 years$584$388$251$158$98$10
37 years$562$369$235$146$89$8
38 years$542$350$220$134$81$7
39 years$522$333$206$124$73$6
40 years$503$317$193$114$66$5
41 years$485$302$181$105$60$4
42 years$469$287$170$97$55$4
43 years$452$274$159$90$50$3
44 years$437$261$149$83$45$2
45 years$423$249$140$77$41$2
46 years$409$237$132$71$37$2
47 years$396$227$124$65$34$1
48 years$383$216$116$60$31$1
49 years$371$207$109$56$28$1
50 years$359$197$103$52$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $368,000, adding $4,217 every year, while hoping to spend $22,612 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: 56/37/7 Blend
29$368,000$368,000$368,000$368,000
30$409,886$390,382$384,678$431,960
31$427,635$385,452$373,506$442,396
32$446,437$379,522$361,201$450,866
33$466,375$372,520$347,703$459,536
34$487,540$364,368$332,946$468,429
35$510,033$354,986$316,863$477,569
36$533,962$344,285$299,383$486,985
37$559,446$332,176$280,433$496,709
38$586,617$318,560$259,935$506,780
39$615,618$303,335$237,809$517,240
40$646,606$286,393$213,970$528,139
41$679,752$267,619$188,331$539,530
42$715,246$246,892$160,799$551,478
43$753,295$224,083$131,279$564,052
44$794,124$199,057$99,671$577,335
45$837,985$171,670$65,869$591,415
46$885,149$141,772$29,766$606,395
47$935,917$109,201$0$622,390
48$990,619$73,790$0$640,185
49$1,049,616$35,360$0$661,684
50$1,113,306$0$0$684,835
51$1,182,127$0$0$712,385
52$1,256,558$0$0$757,779
53$1,337,128$0$0$806,943
54$1,424,416$0$0$860,237
55$1,519,061$0$0$918,052
56$1,621,765$0$0$980,822
57$1,733,299$0$0$1,049,021
58$1,854,512$0$0$1,123,174
59$1,986,337$0$0$1,203,856
60$2,129,803$0$0$1,291,700
61$2,286,040$0$0$1,387,404
62$2,456,291$0$0$1,491,733
63$2,641,925$0$0$1,605,533
64$2,844,450$0$0$1,729,732
65$3,065,523$0$0$1,865,353
66$3,306,970$0$0$2,013,522
67$3,570,801$0$0$2,175,478
68$3,859,228$0$0$2,352,586
69$4,174,686$0$0$2,546,348
70$4,519,860$0$0$2,758,418
71$4,897,700$0$0$2,990,619
72$5,311,460$0$0$3,244,955
73$5,764,720$0$0$3,523,636
74$6,261,425$0$0$3,829,095
75$6,805,918$0$0$4,164,011
76$7,402,982$0$0$4,531,336
77$8,057,888$0$0$4,934,320
78$8,776,438$0$0$5,376,543
79$9,565,024$0$0$5,861,948
80$10,430,687$0$0$6,394,881
81$11,381,184$0$0$6,980,125
82$12,425,059$0$0$7,622,953
83$13,571,723$0$0$8,329,171
84$14,831,546$0$0$9,105,177
85$16,215,948$0$0$9,958,018
86$17,737,515$0$0$10,895,459
87$19,410,108$0$0$11,926,052
88$21,249,003$0$0$13,059,223
89$23,271,025$0$0$14,305,354
90$25,494,714$0$0$15,675,883
91$27,940,496$0$0$17,183,416
92$30,630,875$0$0$18,841,837
93$33,590,648$0$0$20,666,447
94$36,847,132$0$0$22,674,104
95$40,430,431$0$0$24,883,382
96$44,373,710$0$0$27,314,746
97$48,713,514$0$0$29,990,747
98$53,490,108$0$0$32,936,233
99$58,747,862$0$0$36,178,580
100$64,535,663$0$0$39,747,956