Can I retire at age 30 with 872,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.5%
1 years$72,009$71,368$70,742$70,131$69,535$69,096
2 years$35,648$34,984$34,341$33,717$33,112$32,670
3 years$23,529$22,862$22,221$21,603$21,007$20,575
4 years$17,471$16,806$16,171$15,564$14,983$14,564
5 years$13,837$13,176$12,549$11,954$11,390$10,985
6 years$11,415$10,760$10,142$9,560$9,012$8,623
7 years$9,686$9,036$8,428$7,860$7,329$6,955
8 years$8,390$7,745$7,147$6,593$6,080$5,721
9 years$7,382$6,744$6,156$5,616$5,121$4,776
10 years$6,576$5,944$5,367$4,841$4,363$4,034
11 years$5,918$5,292$4,725$4,213$3,752$3,438
12 years$5,369$4,750$4,193$3,696$3,252$2,951
13 years$4,905$4,292$3,746$3,263$2,836$2,549
14 years$4,508$3,902$3,366$2,896$2,486$2,213
15 years$4,164$3,564$3,039$2,583$2,189$1,929
16 years$3,863$3,270$2,756$2,313$1,934$1,688
17 years$3,598$3,012$2,507$2,078$1,715$1,482
18 years$3,363$2,783$2,289$1,873$1,525$1,304
19 years$3,153$2,579$2,095$1,692$1,359$1,150
20 years$2,964$2,397$1,923$1,533$1,214$1,016
21 years$2,793$2,232$1,769$1,391$1,086$899
22 years$2,638$2,084$1,630$1,265$974$797
23 years$2,496$1,949$1,505$1,152$874$708
24 years$2,367$1,826$1,392$1,050$786$629
25 years$2,248$1,714$1,289$959$707$560
26 years$2,139$1,611$1,196$877$637$498
27 years$2,037$1,516$1,110$803$574$444
28 years$1,943$1,428$1,032$736$518$396
29 years$1,856$1,347$961$675$468$353
30 years$1,775$1,272$895$619$423$315
31 years$1,699$1,203$834$569$382$282
32 years$1,628$1,138$778$523$346$252
33 years$1,562$1,078$727$481$313$225
34 years$1,499$1,022$679$442$283$201
35 years$1,440$969$635$407$257$180
36 years$1,385$920$594$375$232$161
37 years$1,333$874$556$345$211$144
38 years$1,283$830$521$318$191$129
39 years$1,236$789$488$294$173$116
40 years$1,192$751$457$271$157$103
41 years$1,150$715$429$250$143$93
42 years$1,110$681$402$231$129$83
43 years$1,072$649$377$213$117$74
44 years$1,036$618$354$196$107$67
45 years$1,002$590$333$181$97$60
46 years$969$563$312$168$88$54
47 years$937$537$293$155$80$48
48 years$907$512$276$143$72$43
49 years$879$489$259$132$66$39
50 years$851$467$244$122$60$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $872,000, adding $6,047 every year, while hoping to spend $20,536 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: 36/47/17 Blend
29$872,000$872,000$872,000$872,000
30$967,181$920,965$907,449$996,790
31$1,043,984$944,243$915,999$1,042,076
32$1,127,932$967,972$924,146$1,088,555
33$1,219,732$992,154$931,857$1,138,298
34$1,320,164$1,016,789$939,093$1,191,607
35$1,430,085$1,041,876$945,817$1,248,814
36$1,550,438$1,067,412$951,987$1,310,285
37$1,682,264$1,093,397$957,559$1,376,426
38$1,826,707$1,119,825$962,489$1,447,680
39$1,985,028$1,146,693$966,729$1,524,537
40$2,158,615$1,173,996$970,230$1,607,536
41$2,348,999$1,201,726$972,937$1,697,272
42$2,557,863$1,229,877$974,797$1,794,400
43$2,787,063$1,258,439$975,750$1,899,641
44$3,038,643$1,287,402$975,738$2,013,791
45$3,314,854$1,316,754$974,694$2,137,725
46$3,618,176$1,346,482$972,553$2,272,409
47$3,951,341$1,376,571$969,245$2,418,907
48$4,317,359$1,407,003$964,695$2,578,392
49$4,719,544$1,437,761$958,827$2,752,157
50$5,161,548$1,468,823$951,559$2,941,625
51$5,647,397$1,500,166$942,807$3,148,367
52$6,181,523$1,531,765$932,482$3,374,115
53$6,768,809$1,563,592$920,491$3,620,774
54$7,414,636$1,595,617$906,736$3,890,449
55$8,124,933$1,627,807$891,116$4,185,456
56$8,906,232$1,660,125$873,524$4,508,351
57$9,765,729$1,692,532$853,848$4,861,949
58$10,711,353$1,724,985$831,972$5,249,354
59$11,751,840$1,757,439$807,772$5,673,990
60$12,896,817$1,789,843$781,122$6,139,626
61$14,156,890$1,822,142$751,886$6,650,421
62$15,543,744$1,854,279$719,927$7,210,957
63$17,070,258$1,886,191$685,096$7,826,287
64$18,750,620$1,917,809$647,242$8,501,980
65$20,600,463$1,949,062$606,204$9,244,173
66$22,637,014$1,979,870$561,816$10,059,634
67$24,879,255$2,010,149$513,903$10,955,820
68$27,348,103$2,039,811$462,283$11,940,953
69$30,066,605$2,068,757$406,765$13,024,096
70$33,060,158$2,096,885$347,150$14,215,239
71$36,356,746$2,124,084$283,232$15,525,392
72$39,987,206$2,150,237$214,792$16,966,694
73$43,985,519$2,175,216$141,605$18,552,522
74$48,389,127$2,198,887$63,434$20,297,623
75$53,239,292$2,221,106$0$22,218,253
76$58,581,479$2,241,719$0$24,335,953
77$64,465,790$2,260,564$0$26,679,361
78$70,947,435$2,277,466$0$29,258,776
79$78,087,250$2,292,239$0$32,098,242
80$85,952,277$2,304,686$0$35,224,256
81$94,616,391$2,314,597$0$38,666,022
82$104,160,999$2,321,748$0$42,455,727
83$114,675,810$2,325,903$0$46,628,842
84$126,259,679$2,326,808$0$51,224,461
85$139,021,540$2,324,196$0$56,285,666
86$153,081,439$2,317,783$0$61,859,942
87$168,571,657$2,307,266$0$67,999,618
88$185,637,969$2,292,325$0$74,762,368
89$204,441,012$2,272,619$0$82,211,752
90$225,157,807$2,247,790$0$90,417,818
91$247,983,426$2,217,453$0$99,457,768
92$273,132,832$2,181,206$0$109,416,681
93$300,842,914$2,138,617$0$120,388,324
94$331,374,715$2,089,234$0$132,476,034
95$365,015,904$2,032,574$0$145,793,696
96$402,083,484$1,968,128$0$160,466,820
97$442,926,790$1,895,357$0$176,633,729
98$487,930,784$1,813,691$0$194,446,862
99$537,519,687$1,722,524$0$214,074,217
100$592,160,987$1,621,220$0$235,700,942