Can I retire at age 30 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$72,092$71,449$70,823$70,211$69,614$67,440
2 years$35,689$35,024$34,380$33,755$33,150$30,978
3 years$23,556$22,889$22,246$21,627$21,031$18,931
4 years$17,491$16,826$16,190$15,581$15,000$12,987
5 years$13,853$13,191$12,564$11,968$11,403$9,483
6 years$11,428$10,772$10,153$9,571$9,023$7,197
7 years$9,697$9,046$8,437$7,869$7,338$5,606
8 years$8,399$7,754$7,156$6,601$6,087$4,449
9 years$7,390$6,751$6,163$5,623$5,126$3,579
10 years$6,584$5,951$5,373$4,847$4,368$2,910
11 years$5,924$5,298$4,730$4,218$3,757$2,385
12 years$5,375$4,755$4,198$3,700$3,255$1,967
13 years$4,911$4,297$3,751$3,266$2,839$1,631
14 years$4,513$3,906$3,370$2,900$2,488$1,358
15 years$4,169$3,568$3,043$2,586$2,191$1,134
16 years$3,868$3,274$2,759$2,315$1,936$950
17 years$3,602$3,015$2,510$2,080$1,717$798
18 years$3,367$2,786$2,292$1,875$1,527$671
19 years$3,156$2,582$2,098$1,694$1,361$565
20 years$2,967$2,399$1,925$1,534$1,215$477
21 years$2,796$2,235$1,771$1,392$1,088$403
22 years$2,641$2,086$1,632$1,266$975$340
23 years$2,499$1,951$1,507$1,153$875$288
24 years$2,370$1,828$1,394$1,052$787$244
25 years$2,251$1,716$1,291$960$708$207
26 years$2,141$1,612$1,197$878$638$175
27 years$2,040$1,517$1,112$804$575$148
28 years$1,946$1,430$1,033$736$519$126
29 years$1,858$1,349$962$675$468$107
30 years$1,777$1,274$896$620$423$91
31 years$1,701$1,204$835$569$383$77
32 years$1,630$1,140$779$523$346$65
33 years$1,563$1,079$728$481$313$55
34 years$1,501$1,023$680$443$284$47
35 years$1,442$970$636$407$257$40
36 years$1,387$921$595$375$233$34
37 years$1,334$875$556$346$211$29
38 years$1,285$831$521$319$191$24
39 years$1,238$790$488$294$173$21
40 years$1,194$752$458$271$157$18
41 years$1,151$716$429$250$143$15
42 years$1,111$682$403$231$129$13
43 years$1,073$649$378$213$118$11
44 years$1,037$619$355$197$107$9
45 years$1,003$590$333$182$97$8
46 years$970$563$313$168$88$7
47 years$938$537$294$155$80$6
48 years$908$513$276$143$73$5
49 years$880$490$259$132$66$4
50 years$852$468$244$122$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $873,000, adding $2,514 every year, while hoping to spend $39,955 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: 69/5/26 Blend
29$873,000$873,000$873,000$873,000
30$964,639$918,370$904,839$1,024,589
31$1,020,521$920,859$892,639$1,067,610
32$1,080,763$922,130$878,691$1,109,845
33$1,145,768$922,082$862,895$1,155,139
34$1,215,980$920,607$845,145$1,203,796
35$1,291,883$917,590$825,331$1,256,148
36$1,374,012$912,909$803,337$1,312,566
37$1,462,955$906,435$779,042$1,373,456
38$1,559,357$898,031$752,320$1,439,268
39$1,663,928$887,551$723,040$1,510,500
40$1,777,449$874,841$691,062$1,587,700
41$1,900,779$859,739$656,243$1,671,473
42$2,034,862$842,070$618,431$1,762,490
43$2,180,739$821,652$577,469$1,861,487
44$2,339,552$798,291$533,192$1,969,281
45$2,512,560$771,781$485,428$2,086,771
46$2,701,147$741,904$433,996$2,214,950
47$2,906,838$708,431$378,709$2,354,915
48$3,131,310$671,119$319,370$2,507,877
49$3,376,410$629,709$255,774$2,675,170
50$3,644,169$583,931$187,708$2,858,268
51$3,936,825$533,495$114,948$3,058,798
52$4,256,843$478,097$37,260$3,278,555
53$4,606,934$417,417$0$3,519,519
54$4,990,085$351,114$0$3,796,538
55$5,409,584$278,829$0$4,111,214
56$5,869,053$200,183$0$4,455,933
57$6,372,481$114,777$0$4,833,705
58$6,924,259$22,185$0$5,247,848
59$7,529,224$0$0$5,702,016
60$8,192,705$0$0$6,204,528
61$8,920,568$0$0$6,757,193
62$9,719,279$0$0$7,363,703
63$10,595,956$0$0$8,029,471
64$11,558,440$0$0$8,760,459
65$12,615,372$0$0$9,563,236
66$13,776,267$0$0$10,445,036
67$15,051,608$0$0$11,413,830
68$16,452,944$0$0$12,478,398
69$17,992,998$0$0$13,648,413
70$19,685,786$0$0$14,934,532
71$21,546,749$0$0$16,348,496
72$23,592,900$0$0$17,903,239
73$25,842,983$0$0$19,613,012
74$28,317,648$0$0$21,493,518
75$31,039,647$0$0$23,562,054
76$34,034,048$0$0$25,837,681
77$37,328,472$0$0$28,341,399
78$40,953,350$0$0$31,096,347
79$44,942,212$0$0$34,128,020
80$49,332,005$0$0$37,464,508
81$54,163,435$0$0$41,136,765
82$59,481,358$0$0$45,178,894
83$65,335,197$0$0$49,628,475
84$71,779,409$0$0$54,526,916
85$78,874,001$0$0$59,919,842
86$86,685,095$0$0$65,857,528
87$95,285,547$0$0$72,395,373
88$104,755,640$0$0$79,594,421
89$115,183,839$0$0$87,521,934
90$126,667,622$0$0$96,252,034
91$139,314,404$0$0$105,866,395
92$153,242,549$0$0$116,455,015
93$168,582,484$0$0$128,117,066
94$185,477,932$0$0$140,961,832
95$204,087,266$0$0$155,109,734
96$224,585,007$0$0$170,693,470
97$247,163,463$0$0$187,859,267
98$272,034,551$0$0$206,768,261
99$299,431,794$0$0$227,598,013
100$329,612,521$0$0$250,544,190