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%15.1%
1 years$72,009$71,368$70,742$70,131$69,535$68,075
2 years$35,648$34,984$34,341$33,717$33,112$31,648
3 years$23,529$22,862$22,221$21,603$21,007$19,585
4 years$17,471$16,806$16,171$15,564$14,983$13,613
5 years$13,837$13,176$12,549$11,954$11,390$10,077
6 years$11,415$10,760$10,142$9,560$9,012$7,757
7 years$9,686$9,036$8,428$7,860$7,329$6,132
8 years$8,390$7,745$7,147$6,593$6,080$4,941
9 years$7,382$6,744$6,156$5,616$5,121$4,038
10 years$6,576$5,944$5,367$4,841$4,363$3,336
11 years$5,918$5,292$4,725$4,213$3,752$2,780
12 years$5,369$4,750$4,193$3,696$3,252$2,333
13 years$4,905$4,292$3,746$3,263$2,836$1,968
14 years$4,508$3,902$3,366$2,896$2,486$1,668
15 years$4,164$3,564$3,039$2,583$2,189$1,419
16 years$3,863$3,270$2,756$2,313$1,934$1,211
17 years$3,598$3,012$2,507$2,078$1,715$1,036
18 years$3,363$2,783$2,289$1,873$1,525$888
19 years$3,153$2,579$2,095$1,692$1,359$763
20 years$2,964$2,397$1,923$1,533$1,214$657
21 years$2,793$2,232$1,769$1,391$1,086$566
22 years$2,638$2,084$1,630$1,265$974$488
23 years$2,496$1,949$1,505$1,152$874$421
24 years$2,367$1,826$1,392$1,050$786$364
25 years$2,248$1,714$1,289$959$707$315
26 years$2,139$1,611$1,196$877$637$273
27 years$2,037$1,516$1,110$803$574$236
28 years$1,943$1,428$1,032$736$518$204
29 years$1,856$1,347$961$675$468$177
30 years$1,775$1,272$895$619$423$154
31 years$1,699$1,203$834$569$382$133
32 years$1,628$1,138$778$523$346$115
33 years$1,562$1,078$727$481$313$100
34 years$1,499$1,022$679$442$283$87
35 years$1,440$969$635$407$257$75
36 years$1,385$920$594$375$232$65
37 years$1,333$874$556$345$211$57
38 years$1,283$830$521$318$191$49
39 years$1,236$789$488$294$173$43
40 years$1,192$751$457$271$157$37
41 years$1,150$715$429$250$143$32
42 years$1,110$681$402$231$129$28
43 years$1,072$649$377$213$117$24
44 years$1,036$618$354$196$107$21
45 years$1,002$590$333$181$97$18
46 years$969$563$312$168$88$16
47 years$937$537$293$155$80$14
48 years$907$512$276$143$72$12
49 years$879$489$259$132$66$10
50 years$851$467$244$122$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $872,000, adding $2,883 every year, while hoping to spend $20,847 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: 53/30/17 Blend
29$872,000$872,000$872,000$872,000
30$963,918$917,702$904,186$1,010,426
31$1,040,056$940,488$912,295$1,065,364
32$1,123,262$963,692$919,977$1,122,665
33$1,214,235$987,313$927,196$1,184,554
34$1,313,743$1,011,347$933,913$1,251,472
35$1,422,634$1,035,793$940,088$1,323,906
36$1,541,841$1,060,645$945,680$1,402,392
37$1,672,391$1,085,899$950,642$1,487,521
38$1,815,416$1,111,549$954,930$1,579,944
39$1,972,161$1,137,587$958,493$1,680,378
40$2,143,998$1,164,006$961,279$1,789,612
41$2,332,440$1,190,796$963,236$1,908,516
42$2,539,149$1,217,946$964,305$2,038,050
43$2,765,961$1,245,443$964,427$2,179,269
44$3,014,893$1,273,274$963,540$2,333,338
45$3,288,170$1,301,423$961,577$2,501,540
46$3,588,244$1,329,873$958,470$2,685,289
47$3,917,812$1,358,604$954,146$2,886,141
48$4,279,849$1,387,595$948,530$3,105,815
49$4,677,629$1,416,824$941,541$3,346,201
50$5,114,763$1,446,263$933,098$3,609,385
51$5,595,224$1,475,885$923,112$3,897,665
52$6,123,393$1,505,660$911,493$4,213,572
53$6,704,095$1,535,553$898,144$4,559,899
54$7,342,647$1,565,529$882,965$4,939,721
55$8,044,904$1,595,548$865,853$5,356,428
56$8,817,322$1,625,567$846,696$5,813,757
57$9,667,008$1,655,540$825,380$6,315,825
58$10,601,798$1,685,416$801,785$6,867,172
59$11,630,323$1,715,142$775,786$7,472,799
60$12,762,091$1,744,660$747,250$8,138,219
61$14,007,583$1,773,907$716,042$8,869,510
62$15,378,343$1,802,815$682,016$9,673,367
63$16,887,093$1,831,312$645,022$10,557,172
64$18,547,851$1,859,320$604,905$11,529,060
65$20,376,061$1,886,757$561,499$12,597,998
66$22,388,744$1,913,532$514,633$13,773,867
67$24,604,651$1,939,551$464,129$15,067,558
68$27,044,447$1,964,710$409,799$16,491,076
69$29,730,901$1,988,901$351,447$18,057,651
70$32,689,102$2,012,007$288,871$19,781,865
71$35,946,699$2,033,903$221,856$21,679,787
72$39,534,154$2,054,457$150,180$23,769,131
73$43,485,038$2,073,525$73,611$26,069,418
74$47,836,341$2,090,957$0$28,602,163
75$52,628,826$2,106,593$0$31,392,547
76$57,907,410$2,120,259$0$34,479,581
77$63,721,588$2,131,774$0$37,878,748
78$70,125,903$2,140,944$0$41,621,843
79$77,180,456$2,147,561$0$45,743,904
80$84,951,477$2,151,406$0$50,283,543
81$93,511,949$2,152,246$0$55,283,313
82$102,942,295$2,149,833$0$60,790,108
83$113,331,138$2,143,904$0$66,855,606
84$124,776,138$2,134,179$0$73,536,757
85$137,384,912$2,120,363$0$80,896,324
86$151,276,052$2,102,140$0$89,003,471
87$166,580,242$2,079,177$0$97,934,420
88$183,441,491$2,051,121$0$107,773,170
89$202,018,495$2,017,597$0$118,612,291
90$222,486,131$1,978,209$0$130,553,795
91$245,037,111$1,932,536$0$143,710,106
92$269,883,798$1,880,132$0$158,205,117
93$297,260,215$1,820,528$0$174,175,360
94$327,424,246$1,753,223$0$191,771,299
95$360,660,079$1,677,690$0$211,158,750
96$397,280,881$1,593,371$0$232,520,446
97$437,631,759$1,499,675$0$256,057,763
98$482,093,016$1,395,977$0$281,992,623
99$531,083,740$1,281,616$0$310,569,590
100$585,065,760$1,155,894$0$342,058,182