Can I retire at age 30 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$71,844$71,204$70,579$69,970$69,375$66,754
2 years$35,566$34,904$34,262$33,639$33,036$30,426
3 years$23,475$22,810$22,170$21,553$20,959$18,442
4 years$17,431$16,768$16,134$15,528$14,948$12,543
5 years$13,805$13,146$12,521$11,927$11,363$9,077
6 years$11,389$10,735$10,118$9,538$8,992$6,825
7 years$9,664$9,015$8,408$7,842$7,313$5,265
8 years$8,371$7,728$7,131$6,578$6,066$4,136
9 years$7,365$6,728$6,142$5,603$5,109$3,293
10 years$6,561$5,931$5,355$4,830$4,353$2,649
11 years$5,904$5,280$4,714$4,204$3,744$2,147
12 years$5,357$4,739$4,184$3,687$3,244$1,751
13 years$4,894$4,282$3,738$3,255$2,829$1,435
14 years$4,498$3,893$3,359$2,890$2,480$1,181
15 years$4,154$3,556$3,032$2,577$2,183$974
16 years$3,854$3,263$2,749$2,307$1,930$806
17 years$3,590$3,005$2,502$2,073$1,711$668
18 years$3,355$2,776$2,284$1,868$1,521$555
19 years$3,145$2,573$2,091$1,688$1,356$462
20 years$2,957$2,391$1,919$1,529$1,211$385
21 years$2,786$2,227$1,765$1,388$1,084$320
22 years$2,632$2,079$1,627$1,262$972$267
23 years$2,491$1,945$1,502$1,149$872$223
24 years$2,362$1,822$1,389$1,048$784$186
25 years$2,243$1,710$1,286$957$705$156
26 years$2,134$1,607$1,193$875$635$130
27 years$2,033$1,512$1,108$801$573$109
28 years$1,939$1,425$1,030$734$517$91
29 years$1,852$1,344$958$673$467$76
30 years$1,771$1,270$893$618$422$64
31 years$1,695$1,200$832$567$381$53
32 years$1,624$1,136$777$521$345$45
33 years$1,558$1,075$725$479$312$37
34 years$1,496$1,019$677$441$283$31
35 years$1,437$967$633$406$256$26
36 years$1,382$918$593$374$232$22
37 years$1,330$872$555$345$210$18
38 years$1,280$828$519$318$191$15
39 years$1,234$788$487$293$173$13
40 years$1,189$749$456$270$157$11
41 years$1,147$713$428$249$142$9
42 years$1,108$679$401$230$129$8
43 years$1,070$647$376$212$117$6
44 years$1,034$617$353$196$106$5
45 years$999$588$332$181$97$4
46 years$967$561$312$167$88$4
47 years$935$536$293$154$80$3
48 years$905$511$275$143$72$3
49 years$877$488$259$132$66$2
50 years$849$466$243$122$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $870,000, adding $3,949 every year, while hoping to spend $55,330 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$870,000$870,000$870,000$870,000
30$962,813$916,703$903,218$1,014,999
31$1,002,150$902,751$874,606$1,036,673
32$1,043,644$886,261$843,180$1,053,750
33$1,087,458$867,050$808,788$1,070,992
34$1,133,767$844,924$771,272$1,088,422
35$1,182,765$819,679$730,463$1,106,067
36$1,234,661$791,098$686,188$1,123,960
37$1,289,686$758,950$638,264$1,142,140
38$1,348,089$722,994$586,501$1,160,654
39$1,410,145$682,972$530,700$1,179,558
40$1,476,154$638,612$470,653$1,198,917
41$1,546,445$589,627$406,142$1,218,805
42$1,621,377$535,713$336,942$1,239,311
43$1,701,343$476,548$262,816$1,260,537
44$1,786,775$411,795$183,515$1,282,597
45$1,878,146$341,093$98,783$1,305,628
46$1,975,974$264,063$8,350$1,329,782
47$2,080,828$180,307$0$1,355,235
48$2,193,331$89,400$0$1,388,771
49$2,314,167$0$0$1,425,126
50$2,444,088$0$0$1,467,663
51$2,583,918$0$0$1,552,675
52$2,734,562$0$0$1,644,320
53$2,897,015$0$0$1,743,211
54$3,072,370$0$0$1,850,021
55$3,261,826$0$0$1,965,489
56$3,466,703$0$0$2,090,429
57$3,688,451$0$0$2,225,732
58$3,928,664$0$0$2,372,382
59$4,189,094$0$0$2,531,458
60$4,471,669$0$0$2,704,149
61$4,778,508$0$0$2,891,760
62$5,111,942$0$0$3,095,729
63$5,474,537$0$0$3,317,636
64$5,869,113$0$0$3,559,221
65$6,298,776$0$0$3,822,399
66$6,766,941$0$0$4,109,275
67$7,277,369$0$0$4,422,168
68$7,834,196$0$0$4,763,628
69$8,441,977$0$0$5,136,465
70$9,105,726$0$0$5,543,771
71$9,830,961$0$0$5,988,948
72$10,623,759$0$0$6,475,744
73$11,490,808$0$0$7,008,285
74$12,439,474$0$0$7,591,114
75$13,477,867$0$0$8,229,233
76$14,614,917$0$0$8,928,150
77$15,860,459$0$0$9,693,932
78$17,225,324$0$0$10,533,261
79$18,721,438$0$0$11,453,492
80$20,361,938$0$0$12,462,732
81$22,161,294$0$0$13,569,904
82$24,135,440$0$0$14,784,842
83$26,301,930$0$0$16,118,374
84$28,680,100$0$0$17,582,428
85$31,291,248$0$0$19,190,145
86$34,158,834$0$0$20,956,000
87$37,308,705$0$0$22,895,939
88$40,769,331$0$0$25,027,528
89$44,572,077$0$0$27,370,120
90$48,751,498$0$0$29,945,034
91$53,345,662$0$0$32,775,759
92$58,396,509$0$0$35,888,173
93$63,950,243$0$0$39,310,785
94$70,057,774$0$0$43,075,007
95$76,775,187$0$0$47,215,447
96$84,164,280$0$0$51,770,236
97$92,293,137$0$0$56,781,386
98$101,236,778$0$0$62,295,187
99$111,077,856$0$0$68,362,642
100$121,907,445$0$0$75,039,948