Can I retire at age 30 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$72,009$71,368$70,742$70,131$69,535$67,552
2 years$35,648$34,984$34,341$33,717$33,112$31,130
3 years$23,529$22,862$22,221$21,603$21,007$19,089
4 years$17,471$16,806$16,171$15,564$14,983$13,141
5 years$13,837$13,176$12,549$11,954$11,390$9,631
6 years$11,415$10,760$10,142$9,560$9,012$7,337
7 years$9,686$9,036$8,428$7,860$7,329$5,738
8 years$8,390$7,745$7,147$6,593$6,080$4,573
9 years$7,382$6,744$6,156$5,616$5,121$3,694
10 years$6,576$5,944$5,367$4,841$4,363$3,017
11 years$5,918$5,292$4,725$4,213$3,752$2,484
12 years$5,369$4,750$4,193$3,696$3,252$2,058
13 years$4,905$4,292$3,746$3,263$2,836$1,714
14 years$4,508$3,902$3,366$2,896$2,486$1,434
15 years$4,164$3,564$3,039$2,583$2,189$1,204
16 years$3,863$3,270$2,756$2,313$1,934$1,014
17 years$3,598$3,012$2,507$2,078$1,715$855
18 years$3,363$2,783$2,289$1,873$1,525$723
19 years$3,153$2,579$2,095$1,692$1,359$613
20 years$2,964$2,397$1,923$1,533$1,214$520
21 years$2,793$2,232$1,769$1,391$1,086$441
22 years$2,638$2,084$1,630$1,265$974$375
23 years$2,496$1,949$1,505$1,152$874$319
24 years$2,367$1,826$1,392$1,050$786$272
25 years$2,248$1,714$1,289$959$707$231
26 years$2,139$1,611$1,196$877$637$197
27 years$2,037$1,516$1,110$803$574$168
28 years$1,943$1,428$1,032$736$518$143
29 years$1,856$1,347$961$675$468$122
30 years$1,775$1,272$895$619$423$104
31 years$1,699$1,203$834$569$382$89
32 years$1,628$1,138$778$523$346$76
33 years$1,562$1,078$727$481$313$65
34 years$1,499$1,022$679$442$283$55
35 years$1,440$969$635$407$257$47
36 years$1,385$920$594$375$232$40
37 years$1,333$874$556$345$211$35
38 years$1,283$830$521$318$191$30
39 years$1,236$789$488$294$173$25
40 years$1,192$751$457$271$157$22
41 years$1,150$715$429$250$143$18
42 years$1,110$681$402$231$129$16
43 years$1,072$649$377$213$117$13
44 years$1,036$618$354$196$107$11
45 years$1,002$590$333$181$97$10
46 years$969$563$312$168$88$8
47 years$937$537$293$155$80$7
48 years$907$512$276$143$72$6
49 years$879$489$259$132$66$5
50 years$851$467$244$122$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $872,000, adding $3,606 every year, while hoping to spend $31,748 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: 26/50/24 Blend
29$872,000$872,000$872,000$872,000
30$964,664$918,448$904,932$982,361
31$1,029,280$929,672$901,467$1,008,117
32$1,099,422$940,382$896,823$1,032,743
33$1,175,622$950,520$890,925$1,058,495
34$1,258,462$960,022$883,698$1,085,488
35$1,348,584$968,821$875,060$1,113,852
36$1,446,694$976,848$864,929$1,143,730
37$1,553,569$984,025$853,216$1,175,284
38$1,670,062$990,272$839,828$1,208,694
39$1,797,117$995,504$824,670$1,244,160
40$1,935,767$999,627$807,641$1,281,905
41$2,087,153$1,002,547$788,635$1,322,180
42$2,252,529$1,004,158$767,540$1,365,262
43$2,433,277$1,004,352$744,243$1,411,461
44$2,630,917$1,003,011$718,621$1,461,122
45$2,847,124$1,000,012$690,549$1,514,628
46$3,083,742$995,224$659,893$1,572,405
47$3,342,800$988,506$626,516$1,634,929
48$3,626,535$979,712$590,273$1,702,725
49$3,937,407$968,684$551,014$1,776,381
50$4,278,129$955,256$508,579$1,856,546
51$4,651,687$939,252$462,805$1,943,943
52$5,061,369$920,486$413,519$2,039,374
53$5,510,798$898,758$360,541$2,143,728
54$6,003,963$873,861$303,683$2,257,993
55$6,545,259$845,573$242,748$2,383,262
56$7,139,528$813,658$177,533$2,520,749
57$7,792,102$777,870$107,822$2,671,798
58$8,508,855$737,944$33,393$2,837,901
59$9,296,259$693,604$0$3,020,707
60$10,161,442$644,555$0$3,233,834
61$11,112,258$590,487$0$3,477,409
62$12,157,360$531,072$0$3,745,178
63$13,306,279$465,963$0$4,039,691
64$14,569,517$394,793$0$4,363,762
65$15,958,644$317,174$0$4,720,504
66$17,486,408$232,698$0$5,113,354
67$19,166,853$140,931$0$5,546,108
68$21,015,453$41,419$0$6,022,961
69$23,049,259$0$0$6,548,543
70$25,287,055$0$0$7,164,461
71$27,749,540$0$0$7,867,467
72$30,459,519$0$0$8,641,306
73$33,442,121$0$0$9,493,173
74$36,725,034$0$0$10,431,000
75$40,338,766$0$0$11,463,526
76$44,316,934$0$0$12,600,379
77$48,696,579$0$0$13,852,170
78$53,518,516$0$0$15,230,589
79$58,827,720$0$0$16,748,521
80$64,673,747$0$0$18,420,161
81$71,111,206$0$0$20,261,151
82$78,200,268$0$0$22,288,730
83$86,007,240$0$0$24,521,892
84$94,605,186$0$0$26,981,567
85$104,074,616$0$0$29,690,819
86$114,504,248$0$0$32,675,065
87$125,991,845$0$0$35,962,312
88$138,645,133$0$0$39,583,420
89$152,582,824$0$0$43,572,400
90$167,935,730$0$0$47,966,728
91$184,848,000$0$0$52,807,699
92$203,478,480$0$0$58,140,824
93$224,002,213$0$0$64,016,249
94$246,612,088$0$0$70,489,237
95$271,520,663$0$0$77,620,685
96$298,962,167$0$0$85,477,699
97$329,194,716$0$0$94,134,230
98$362,502,745$0$0$103,671,767
99$399,199,694$0$0$114,180,112
100$439,630,963$0$0$125,758,224