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 $3,151 every year, while hoping to spend $23,435 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: 69/14/17 Blend
29$372,000$372,000$372,000$372,000
30$413,194$393,478$387,712$439,820
31$430,405$387,824$375,766$452,316
32$448,587$381,107$362,634$462,912
33$467,812$373,251$348,252$473,917
34$488,163$364,175$332,552$485,370
35$509,728$353,791$315,465$497,311
36$532,603$342,010$296,916$509,789
37$556,894$328,734$276,828$522,857
38$582,717$313,861$255,121$536,573
39$610,197$297,284$231,712$551,002
40$639,474$278,888$206,511$566,218
41$670,699$258,552$179,428$582,302
42$704,038$236,149$150,366$599,345
43$739,673$211,543$119,226$617,448
44$777,803$184,592$85,904$636,723
45$818,647$155,145$50,289$657,295
46$862,444$123,042$12,269$679,304
47$909,458$88,116$0$702,903
48$959,977$50,188$0$733,399
49$1,014,319$9,071$0$768,558
50$1,072,830$0$0$806,386
51$1,135,894$0$0$852,601
52$1,203,930$0$0$903,985
53$1,277,399$0$0$959,488
54$1,356,808$0$0$1,019,497
55$1,442,714$0$0$1,084,434
56$1,535,729$0$0$1,154,764
57$1,636,526$0$0$1,231,000
58$1,745,845$0$0$1,313,702
59$1,864,500$0$0$1,403,490
60$1,993,386$0$0$1,501,044
61$2,133,488$0$0$1,607,112
62$2,285,888$0$0$1,722,517
63$2,451,779$0$0$1,848,165
64$2,632,472$0$0$1,985,052
65$2,829,410$0$0$2,134,276
66$3,044,181$0$0$2,297,043
67$3,278,532$0$0$2,474,682
68$3,534,389$0$0$2,668,656
69$3,813,869$0$0$2,880,574
70$4,119,304$0$0$3,112,209
71$4,453,260$0$0$3,365,511
72$4,818,563$0$0$3,642,630
73$5,218,327$0$0$3,945,931
74$5,655,977$0$0$4,278,019
75$6,135,287$0$0$4,641,762
76$6,660,411$0$0$5,040,320
77$7,235,928$0$0$5,477,171
78$7,866,876$0$0$5,956,148
79$8,558,806$0$0$6,481,469
80$9,317,833$0$0$7,057,784
81$10,150,690$0$0$7,690,212
82$11,064,796$0$0$8,384,392
83$12,068,321$0$0$9,146,537
84$13,170,265$0$0$9,983,489
85$14,380,543$0$0$10,902,786
86$15,710,077$0$0$11,912,733
87$17,170,899$0$0$13,022,477
88$18,776,265$0$0$14,242,096
89$20,540,777$0$0$15,582,693
90$22,480,522$0$0$17,056,500
91$24,613,227$0$0$18,676,992
92$26,958,418$0$0$20,459,018
93$29,537,609$0$0$22,418,936
94$32,374,505$0$0$24,574,767
95$35,495,222$0$0$26,946,370
96$38,928,536$0$0$29,555,623
97$42,706,151$0$0$32,426,633
98$46,863,000$0$0$35,585,961
99$51,437,573$0$0$39,062,871
100$56,472,281$0$0$42,889,612