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%12.3%
1 years$72,257$71,613$70,985$70,372$69,774$69,103
2 years$35,771$35,104$34,459$33,833$33,226$32,549
3 years$23,610$22,941$22,297$21,677$21,080$20,420
4 years$17,531$16,864$16,227$15,617$15,034$14,395
5 years$13,885$13,222$12,593$11,995$11,429$10,813
6 years$11,455$10,797$10,177$9,593$9,043$8,451
7 years$9,719$9,067$8,457$7,887$7,355$6,786
8 years$8,419$7,772$7,172$6,616$6,101$5,557
9 years$7,407$6,767$6,177$5,635$5,138$4,618
10 years$6,599$5,965$5,385$4,858$4,378$3,881
11 years$5,938$5,310$4,741$4,228$3,765$3,291
12 years$5,387$4,766$4,208$3,708$3,263$2,812
13 years$4,922$4,307$3,759$3,274$2,845$2,416
14 years$4,523$3,915$3,378$2,906$2,494$2,087
15 years$4,178$3,576$3,050$2,592$2,196$1,809
16 years$3,877$3,281$2,765$2,321$1,941$1,574
17 years$3,611$3,022$2,516$2,085$1,721$1,374
18 years$3,375$2,792$2,297$1,879$1,530$1,202
19 years$3,164$2,588$2,103$1,698$1,364$1,054
20 years$2,974$2,405$1,930$1,538$1,218$926
21 years$2,802$2,240$1,775$1,396$1,090$815
22 years$2,647$2,091$1,636$1,269$977$718
23 years$2,505$1,956$1,510$1,156$877$634
24 years$2,375$1,832$1,397$1,054$788$560
25 years$2,256$1,720$1,294$963$709$495
26 years$2,146$1,616$1,200$880$639$438
27 years$2,044$1,521$1,114$806$576$388
28 years$1,950$1,433$1,036$738$520$344
29 years$1,863$1,352$964$677$469$305
30 years$1,781$1,277$898$621$424$270
31 years$1,705$1,207$837$571$383$240
32 years$1,634$1,142$781$524$347$213
33 years$1,567$1,082$729$482$314$189
34 years$1,504$1,025$681$444$284$168
35 years$1,445$972$637$408$257$149
36 years$1,390$923$596$376$233$133
37 years$1,337$877$558$347$211$118
38 years$1,288$833$522$319$192$105
39 years$1,241$792$489$295$174$93
40 years$1,196$754$459$272$158$83
41 years$1,154$717$430$251$143$74
42 years$1,114$683$403$231$130$66
43 years$1,076$651$379$214$118$58
44 years$1,040$620$355$197$107$52
45 years$1,005$592$334$182$97$46
46 years$972$564$313$168$88$41
47 years$941$539$294$155$80$37
48 years$911$514$277$144$73$33
49 years$882$491$260$133$66$29
50 years$854$469$244$123$60$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $875,000, adding $4,219 every year, while hoping to spend $40,990 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: 79/12/9 Blend
29$875,000$875,000$875,000$875,000
30$968,602$922,227$908,664$1,043,465
31$1,023,786$923,803$895,492$1,094,773
32$1,083,226$924,082$880,504$1,145,283
33$1,147,311$922,959$863,597$1,199,487
34$1,216,471$920,318$844,661$1,257,734
35$1,291,177$916,040$823,584$1,320,408
36$1,371,949$909,997$800,246$1,387,933
37$1,459,354$902,054$774,521$1,460,778
38$1,554,021$892,067$746,280$1,539,457
39$1,656,636$879,884$715,385$1,624,537
40$1,767,958$865,343$681,695$1,716,645
41$1,888,818$848,273$645,061$1,816,469
42$2,020,133$828,494$605,325$1,924,771
43$2,162,909$805,813$562,327$2,042,388
44$2,318,255$780,027$515,894$2,170,243
45$2,487,391$750,922$465,850$2,309,354
46$2,671,658$718,270$412,009$2,460,844
47$2,872,532$681,830$354,176$2,625,951
48$3,091,639$641,349$292,150$2,806,038
49$3,330,767$596,556$225,718$3,002,609
50$3,591,886$547,167$154,660$3,217,322
51$3,877,162$492,882$78,745$3,452,004
52$4,188,982$433,383$0$3,708,671
53$4,529,972$368,333$0$3,989,763
54$4,903,025$297,377$0$4,305,594
55$5,311,326$220,141$0$4,651,321
56$5,758,382$136,229$0$5,029,946
57$6,248,055$45,221$0$5,444,778
58$6,784,597$0$0$5,899,465
59$7,372,692$0$0$6,405,068
60$8,017,500$0$0$6,966,000
61$8,724,701$0$0$7,581,238
62$9,500,552$0$0$8,256,228
63$10,351,948$0$0$8,996,971
64$11,286,479$0$0$9,810,076
65$12,312,510$0$0$10,702,823
66$13,439,252$0$0$11,683,232
67$14,676,855$0$0$12,760,137
68$16,036,497$0$0$13,943,271
69$17,530,494$0$0$15,243,356
70$19,172,415$0$0$16,672,201
71$20,977,207$0$0$18,242,821
72$22,961,337$0$0$19,969,550
73$25,142,949$0$0$21,868,184
74$27,542,032$0$0$23,956,123
75$30,180,608$0$0$26,252,540
76$33,082,941$0$0$28,778,557
77$36,275,765$0$0$31,557,449
78$39,788,536$0$0$34,614,856
79$43,653,708$0$0$37,979,034
80$47,907,040$0$0$41,681,111
81$52,587,932$0$0$45,755,390
82$57,739,798$0$0$50,239,663
83$63,410,472$0$0$55,175,574
84$69,652,665$0$0$60,609,010
85$76,524,451$0$0$66,590,530
86$84,089,828$0$0$73,175,846
87$92,419,309$0$0$80,426,347
88$101,590,595$0$0$88,409,675
89$111,689,304$0$0$97,200,368
90$122,809,781$0$0$106,880,559
91$135,055,984$0$0$117,540,750
92$148,542,467$0$0$129,280,669
93$163,395,460$0$0$142,210,209
94$179,754,061$0$0$156,450,463
95$197,771,546$0$0$172,134,871
96$217,616,815$0$0$189,410,471
97$239,475,988$0$0$208,439,295
98$263,554,157$0$0$229,399,891
99$290,077,326$0$0$252,489,011
100$319,294,538$0$0$277,923,466