Can I retire at age 30 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$72,257$71,613$70,985$70,372$69,774$67,058
2 years$35,771$35,104$34,459$33,833$33,226$30,523
3 years$23,610$22,941$22,297$21,677$21,080$18,474
4 years$17,531$16,864$16,227$15,617$15,034$12,546
5 years$13,885$13,222$12,593$11,995$11,429$9,065
6 years$11,455$10,797$10,177$9,593$9,043$6,804
7 years$9,719$9,067$8,457$7,887$7,355$5,240
8 years$8,419$7,772$7,172$6,616$6,101$4,110
9 years$7,407$6,767$6,177$5,635$5,138$3,266
10 years$6,599$5,965$5,385$4,858$4,378$2,622
11 years$5,938$5,310$4,741$4,228$3,765$2,121
12 years$5,387$4,766$4,208$3,708$3,263$1,726
13 years$4,922$4,307$3,759$3,274$2,845$1,412
14 years$4,523$3,915$3,378$2,906$2,494$1,159
15 years$4,178$3,576$3,050$2,592$2,196$955
16 years$3,877$3,281$2,765$2,321$1,941$788
17 years$3,611$3,022$2,516$2,085$1,721$652
18 years$3,375$2,792$2,297$1,879$1,530$540
19 years$3,164$2,588$2,103$1,698$1,364$448
20 years$2,974$2,405$1,930$1,538$1,218$372
21 years$2,802$2,240$1,775$1,396$1,090$310
22 years$2,647$2,091$1,636$1,269$977$258
23 years$2,505$1,956$1,510$1,156$877$215
24 years$2,375$1,832$1,397$1,054$788$179
25 years$2,256$1,720$1,294$963$709$149
26 years$2,146$1,616$1,200$880$639$124
27 years$2,044$1,521$1,114$806$576$104
28 years$1,950$1,433$1,036$738$520$87
29 years$1,863$1,352$964$677$469$72
30 years$1,781$1,277$898$621$424$60
31 years$1,705$1,207$837$571$383$50
32 years$1,634$1,142$781$524$347$42
33 years$1,567$1,082$729$482$314$35
34 years$1,504$1,025$681$444$284$29
35 years$1,445$972$637$408$257$24
36 years$1,390$923$596$376$233$20
37 years$1,337$877$558$347$211$17
38 years$1,288$833$522$319$192$14
39 years$1,241$792$489$295$174$12
40 years$1,196$754$459$272$158$10
41 years$1,154$717$430$251$143$8
42 years$1,114$683$403$231$130$7
43 years$1,076$651$379$214$118$6
44 years$1,040$620$355$197$107$5
45 years$1,005$592$334$182$97$4
46 years$972$564$313$168$88$3
47 years$941$539$294$155$80$3
48 years$911$514$277$144$73$2
49 years$882$491$260$133$66$2
50 years$854$469$244$123$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $875,000, adding $5,145 every year, while hoping to spend $24,308 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: 53/18/29 Blend
29$875,000$875,000$875,000$875,000
30$969,557$923,182$909,620$1,012,836
31$1,042,588$942,554$914,228$1,062,793
32$1,122,254$962,061$918,177$1,114,248
33$1,209,205$981,684$921,417$1,169,770
34$1,304,159$1,001,401$923,899$1,229,759
35$1,407,904$1,021,190$925,570$1,294,654
36$1,521,308$1,041,026$926,375$1,364,943
37$1,645,328$1,060,883$926,255$1,441,161
38$1,781,017$1,080,732$925,150$1,523,899
39$1,929,534$1,100,541$922,996$1,613,810
40$2,092,156$1,120,277$919,725$1,711,613
41$2,270,288$1,139,903$915,268$1,818,100
42$2,465,478$1,159,379$909,551$1,934,148
43$2,679,432$1,178,664$902,496$2,060,720
44$2,914,027$1,197,711$894,023$2,198,881
45$3,171,332$1,216,473$884,046$2,349,803
46$3,453,624$1,234,896$872,478$2,514,781
47$3,763,412$1,252,925$859,225$2,695,243
48$4,103,461$1,270,499$844,190$2,892,761
49$4,476,815$1,287,554$827,271$3,109,071
50$4,886,827$1,304,021$808,361$3,346,088
51$5,337,191$1,319,826$787,349$3,605,921
52$5,831,978$1,334,891$764,119$3,890,898
53$6,375,670$1,349,131$738,547$4,203,585
54$6,973,207$1,362,457$710,507$4,546,812
55$7,630,030$1,374,774$679,865$4,923,698
56$8,352,134$1,385,979$646,482$5,337,685
57$9,146,124$1,395,964$610,211$5,792,566
58$10,019,276$1,404,614$570,901$6,292,523
59$10,979,607$1,411,805$528,391$6,842,168
60$12,035,951$1,417,407$482,516$7,446,585
61$13,198,039$1,421,281$433,101$8,111,381
62$14,476,594$1,423,279$379,965$8,842,735
63$15,883,431$1,423,244$322,918$9,647,463
64$17,431,568$1,421,010$261,763$10,533,076
65$19,135,347$1,416,398$196,291$11,507,856
66$21,010,574$1,409,223$126,288$12,580,935
67$23,074,661$1,399,283$51,527$13,762,377
68$25,346,796$1,386,368$0$15,063,279
69$27,848,123$1,370,254$0$16,504,618
70$30,601,938$1,350,703$0$18,108,718
71$33,633,911$1,327,463$0$19,874,564
72$36,972,329$1,300,267$0$21,818,625
73$40,648,359$1,268,833$0$23,959,052
74$44,696,348$1,232,862$0$26,315,847
75$49,154,139$1,192,036$0$28,911,054
76$54,063,437$1,146,021$0$31,768,966
77$59,470,193$1,094,462$0$34,916,353
78$65,425,046$1,036,984$0$38,382,721
79$71,983,794$973,189$0$42,200,583
80$79,207,924$902,658$0$46,405,770
81$87,165,191$824,948$0$51,037,773
82$95,930,258$739,588$0$56,140,108
83$105,585,401$646,084$0$61,760,735
84$116,221,280$543,911$0$67,952,507
85$127,937,804$432,516$0$74,773,668
86$140,845,065$311,314$0$82,288,410
87$155,064,381$179,687$0$90,567,471
88$170,729,440$36,985$0$99,688,810
89$187,987,563$0$0$109,738,339
90$207,001,092$0$0$120,834,007
91$227,948,923$0$0$133,066,685
92$251,028,195$0$0$146,544,186
93$276,456,149$0$0$161,393,390
94$304,472,182$0$0$177,754,116
95$335,340,102$0$0$195,780,442
96$369,350,620$0$0$215,642,159
97$406,824,094$0$0$237,526,372
98$448,113,553$0$0$261,639,270
99$493,608,030$0$0$288,208,067
100$543,736,230$0$0$317,483,151