30s Retirement Calculator
Start Your Retirement Planning in Your 30s
Starting retirement savings in your 30s maximizes compound interest benefits. Calculate target retirement funds and monthly savings to compare scenarios at ages 55, 60, and 65.
🎯 Why 30s is Crucial for Retirement
Your 30s is the golden age for retirement prep. Starting at 30 with $500/month (7% annual return) yields ~$600K by 60. The same amount starting at 40 yields only ~$250K. 10 years makes a 2x+ difference. Time is money.
💼 Severance Pay Calculator
About Severance Pay
- • Paid to employees who worked 1+ years.
- • Must be paid within 14 days of resignation.
- • Retirement income tax applies separately.
- • Actual amount may vary by company policy.
📐 30s Retirement Fund Calculation
Needed Fund = Monthly Expenses × 12 × Years in Retirement
Monthly Savings = Target × [i / ((1+i)^n - 1)]
Example: Retire at 65, $3K/month, 30 years → ~$1.08M needed
📝 How to Calculate
- Enter your current age (30-39)
- Select target retirement age (55/60/65)
- Enter desired monthly expenses after retirement
- Enter expected investment return (usually 5-8%)
- View required savings and monthly contributions
📊 Starting in 30s Simulation (7% return)
| Start Age | Monthly | At 55 | At 60 | At 65 |
|---|---|---|---|---|
| 30 | $300 | $230K | $370K | $570K |
| 30 | $500 | $390K | $610K | $950K |
| 30 | $1,000 | $780K | $1.22M | $1.9M |
| 35 | $300 | $150K | $250K | $400K |
| 35 | $500 | $250K | $420K | $660K |
| 35 | $1,000 | $500K | $840K | $1.33M |
💰 30s Retirement Strategy
- Allocate 20%+ of income to savings/investments
- Maximize tax-advantaged accounts (401k, IRA)
- Keep 60-70% in stocks/ETFs for growth
- Build 3-6 month emergency fund first
- Factor in inflation (3% annual increase)
📚 Local Method & Assumption Guide
Formula Logic
Core formulas use public finance, loan, ratio, and unit conversion standards.
Source Scope
References follow publicly available standards and country-level common practices.
Assumptions
Taxes, fees, rates, and limits vary by region and institution.
Result Interpretation
Use this result as a baseline scenario. For decisions, compare with your lender quote and local tax treatment.
Locale Preset
Currency: USD
Units: imperial
Tax logic: US payroll estimate
Regulatory Note
This tool uses regional presets for estimation. Contract terms and legal limits may differ by lender, bank, or local law.
Recommended Next Actions
- Compare at least 2-3 local providers before final submission.
- Re-check fees, tax treatment, and prepayment clauses in writing.
- Run a stress scenario with +1-2% interest and lower income.
Before a real financial decision, confirm with local institution rules.