Can I retire at age 30 with 874,000?

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 $874,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$72,174$71,531$70,904$70,292$69,694$67,436
2 years$35,730$35,064$34,419$33,794$33,188$30,934
3 years$23,583$22,915$22,272$21,652$21,056$18,877
4 years$17,511$16,845$16,208$15,599$15,017$12,930
5 years$13,869$13,207$12,578$11,982$11,416$9,426
6 years$11,441$10,784$10,165$9,582$9,033$7,142
7 years$9,708$9,057$8,447$7,878$7,346$5,554
8 years$8,409$7,763$7,164$6,608$6,094$4,400
9 years$7,399$6,759$6,170$5,629$5,132$3,533
10 years$6,591$5,958$5,379$4,852$4,373$2,867
11 years$5,931$5,304$4,736$4,223$3,761$2,345
12 years$5,381$4,761$4,203$3,704$3,259$1,931
13 years$4,916$4,302$3,755$3,270$2,842$1,597
14 years$4,518$3,911$3,374$2,903$2,491$1,327
15 years$4,174$3,572$3,046$2,589$2,194$1,106
16 years$3,872$3,278$2,762$2,318$1,939$925
17 years$3,607$3,019$2,513$2,083$1,719$775
18 years$3,371$2,789$2,294$1,877$1,528$650
19 years$3,160$2,585$2,100$1,696$1,362$546
20 years$2,970$2,402$1,927$1,536$1,217$460
21 years$2,799$2,238$1,773$1,394$1,089$388
22 years$2,644$2,089$1,634$1,268$976$327
23 years$2,502$1,953$1,509$1,154$876$276
24 years$2,372$1,830$1,395$1,053$788$233
25 years$2,253$1,718$1,292$962$709$197
26 years$2,144$1,614$1,199$879$638$166
27 years$2,042$1,519$1,113$805$576$141
28 years$1,948$1,432$1,035$737$519$119
29 years$1,861$1,351$963$676$469$101
30 years$1,779$1,275$897$620$424$85
31 years$1,703$1,206$836$570$383$72
32 years$1,632$1,141$780$524$346$61
33 years$1,565$1,080$728$482$314$52
34 years$1,503$1,024$681$443$284$44
35 years$1,444$971$636$408$257$37
36 years$1,388$922$595$376$233$31
37 years$1,336$876$557$346$211$27
38 years$1,286$832$522$319$191$23
39 years$1,239$791$489$294$174$19
40 years$1,195$753$458$271$157$16
41 years$1,153$717$430$250$143$14
42 years$1,113$682$403$231$130$12
43 years$1,075$650$378$213$118$10
44 years$1,038$620$355$197$107$8
45 years$1,004$591$333$182$97$7
46 years$971$564$313$168$88$6
47 years$940$538$294$155$80$5
48 years$910$514$276$143$73$4
49 years$881$490$260$133$66$4
50 years$853$469$244$123$60$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $874,000, adding $3,876 every year, while hoping to spend $26,707 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: 63/27/10 Blend
29$874,000$874,000$874,000$874,000
30$967,146$920,824$907,277$1,025,700
31$1,037,379$937,528$909,255$1,082,016
32$1,113,880$954,156$910,404$1,140,028
33$1,197,262$970,675$910,668$1,202,697
34$1,288,196$987,052$909,988$1,270,474
35$1,387,422$1,003,248$908,304$1,343,856
36$1,495,757$1,019,225$905,549$1,423,390
37$1,614,096$1,034,939$901,657$1,509,682
38$1,743,428$1,050,345$896,557$1,603,395
39$1,884,840$1,065,394$890,174$1,705,264
40$2,039,528$1,080,033$882,429$1,816,096
41$2,208,811$1,094,206$873,242$1,936,783
42$2,394,141$1,107,852$862,526$2,068,307
43$2,597,115$1,120,909$850,193$2,211,749
44$2,819,494$1,133,307$836,147$2,368,302
45$3,063,216$1,144,972$820,292$2,539,282
46$3,330,416$1,155,828$802,523$2,726,138
47$3,623,445$1,165,790$782,734$2,930,468
48$3,944,892$1,174,769$760,812$3,154,033
49$4,297,611$1,182,673$736,639$3,398,774
50$4,684,742$1,189,399$710,092$3,666,832
51$5,109,748$1,194,841$681,041$3,960,566
52$5,576,440$1,198,886$649,354$4,282,576
53$6,089,017$1,201,412$614,888$4,635,730
54$6,652,106$1,202,291$577,496$5,023,188
55$7,270,804$1,201,386$537,025$5,448,434
56$7,950,725$1,198,553$493,314$5,915,308
57$8,698,054$1,193,637$446,195$6,428,044
58$9,519,606$1,186,475$395,493$6,991,308
59$10,422,888$1,176,895$341,024$7,610,245
60$11,416,172$1,164,712$282,598$8,290,526
61$12,508,570$1,149,732$220,014$9,038,401
62$13,710,124$1,131,748$153,064$9,860,763
63$15,031,894$1,110,542$81,529$10,765,205
64$16,486,071$1,085,882$5,184$11,760,102
65$18,086,083$1,057,522$0$12,854,683
66$19,846,726$1,025,204$0$14,067,263
67$21,784,305$988,652$0$15,402,034
68$23,916,783$947,575$0$16,870,832
69$26,263,954$901,665$0$18,487,312
70$28,847,627$850,597$0$20,266,524
71$31,691,835$794,026$0$22,225,054
72$34,823,058$731,588$0$24,381,182
73$38,270,472$662,899$0$26,755,058
74$42,066,230$587,550$0$29,368,886
75$46,245,759$505,114$0$32,247,140
76$50,848,095$415,134$0$35,416,794
77$55,916,257$317,131$0$38,907,577
78$61,497,642$210,598$0$42,752,253
79$67,644,484$94,999$0$46,986,932
80$74,414,338$0$0$51,651,412
81$81,870,625$0$0$56,798,538
82$90,083,233$0$0$62,498,933
83$99,129,173$0$0$68,777,837
84$109,093,310$0$0$75,694,166
85$120,069,157$0$0$83,312,841
86$132,159,762$0$0$91,705,404
87$145,478,681$0$0$100,950,690
88$160,151,047$0$0$111,135,572
89$176,314,750$0$0$122,355,782
90$194,121,743$0$0$134,716,811
91$213,739,469$0$0$148,334,908
92$235,352,449$0$0$163,338,176
93$259,164,017$0$0$179,867,780
94$285,398,242$0$0$198,079,281
95$314,302,042$0$0$218,144,102
96$346,147,514$0$0$240,251,148
97$381,234,505$0$0$264,608,587
98$419,893,437$0$0$291,445,818
99$462,488,430$0$0$321,015,632
100$509,420,736$0$0$353,596,600