Can I retire at age 30 with 876,000?

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 $876,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$72,339$71,695$71,066$70,453$69,853$69,239
2 years$35,812$35,145$34,498$33,871$33,264$32,645
3 years$23,637$22,967$22,323$21,702$21,104$20,499
4 years$17,551$16,883$16,245$15,635$15,051$14,466
5 years$13,901$13,237$12,607$12,009$11,442$10,877
6 years$11,468$10,809$10,188$9,604$9,054$8,511
7 years$9,730$9,077$8,466$7,896$7,363$6,842
8 years$8,428$7,781$7,180$6,624$6,108$5,609
9 years$7,416$6,775$6,184$5,642$5,144$4,666
10 years$6,606$5,972$5,392$4,863$4,383$3,927
11 years$5,945$5,316$4,747$4,233$3,770$3,334
12 years$5,394$4,771$4,213$3,713$3,267$2,852
13 years$4,928$4,312$3,764$3,278$2,849$2,454
14 years$4,529$3,919$3,382$2,909$2,497$2,122
15 years$4,183$3,581$3,053$2,595$2,199$1,842
16 years$3,881$3,285$2,768$2,323$1,943$1,605
17 years$3,615$3,025$2,519$2,087$1,723$1,403
18 years$3,378$2,796$2,299$1,881$1,532$1,229
19 years$3,167$2,591$2,105$1,700$1,365$1,080
20 years$2,977$2,408$1,932$1,540$1,220$950
21 years$2,806$2,243$1,777$1,397$1,091$837
22 years$2,650$2,093$1,638$1,270$978$739
23 years$2,508$1,958$1,512$1,157$878$653
24 years$2,378$1,834$1,399$1,055$789$578
25 years$2,258$1,722$1,295$964$710$511
26 years$2,148$1,618$1,201$881$640$453
27 years$2,047$1,523$1,116$807$577$402
28 years$1,952$1,435$1,037$739$520$357
29 years$1,865$1,354$965$678$470$317
30 years$1,783$1,278$899$622$425$281
31 years$1,707$1,208$838$571$384$250
32 years$1,636$1,143$782$525$347$222
33 years$1,569$1,083$730$483$314$198
34 years$1,506$1,026$682$444$285$176
35 years$1,447$973$638$409$258$157
36 years$1,391$924$597$377$234$139
37 years$1,339$878$558$347$212$124
38 years$1,289$834$523$320$192$111
39 years$1,242$793$490$295$174$99
40 years$1,198$754$459$272$158$88
41 years$1,155$718$431$251$143$78
42 years$1,115$684$404$232$130$70
43 years$1,077$652$379$214$118$62
44 years$1,041$621$356$197$107$55
45 years$1,006$592$334$182$97$49
46 years$973$565$314$168$88$44
47 years$942$539$295$156$80$39
48 years$912$515$277$144$73$35
49 years$883$492$260$133$66$31
50 years$855$470$245$123$60$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $876,000, adding $3,670 every year, while hoping to spend $52,653 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: 25/45/30 Blend
29$876,000$876,000$876,000$876,000
30$969,138$922,710$909,132$984,221
31$1,011,967$911,900$883,565$986,436
32$1,057,401$898,796$855,377$984,129
33$1,105,648$883,230$824,425$980,581
34$1,156,939$865,023$790,558$975,725
35$1,211,525$843,987$753,620$969,493
36$1,269,681$819,923$713,447$961,814
37$1,331,709$792,619$669,867$952,621
38$1,397,937$761,851$622,702$941,842
39$1,468,728$727,384$571,764$929,407
40$1,544,478$688,965$516,858$915,247
41$1,625,622$646,331$457,779$899,294
42$1,712,636$599,202$394,316$881,481
43$1,806,043$547,281$326,244$861,743
44$1,906,418$490,256$253,331$840,018
45$2,014,389$427,796$175,334$816,249
46$2,130,650$359,551$92,001$790,383
47$2,255,959$285,151$3,066$762,373
48$2,391,151$204,208$0$732,179
49$2,537,142$116,308$0$729,170
50$2,694,941$21,018$0$726,883
51$2,865,654$0$0$724,424
52$3,050,499$0$0$762,563
53$3,250,813$0$0$815,298
54$3,468,067$0$0$872,622
55$3,703,880$0$0$934,979
56$3,960,032$0$0$1,002,857
57$4,238,479$0$0$1,076,793
58$4,541,375$0$0$1,157,378
59$4,871,089$0$0$1,245,260
60$5,230,229$0$0$1,341,156
61$5,621,663$0$0$1,445,854
62$6,048,549$0$0$1,560,219
63$6,514,362$0$0$1,685,206
64$7,022,927$0$0$1,821,867
65$7,578,455$0$0$1,971,357
66$8,185,581$0$0$2,134,950
67$8,849,409$0$0$2,314,049
68$9,575,557$0$0$2,510,198
69$10,370,213$0$0$2,725,098
70$11,240,190$0$0$2,960,622
71$12,192,988$0$0$3,218,832
72$13,236,871$0$0$3,502,001
73$14,380,936$0$0$3,812,631
74$15,635,203$0$0$4,153,479
75$17,010,710$0$0$4,527,579
76$18,519,610$0$0$4,938,277
77$20,175,294$0$0$5,389,255
78$21,992,507$0$0$5,884,573
79$23,987,495$0$0$6,428,700
80$26,178,153$0$0$7,026,560
81$28,584,191$0$0$7,683,580
82$31,227,325$0$0$8,405,735
83$34,131,476$0$0$9,199,611
84$37,322,998$0$0$10,072,462
85$40,830,924$0$0$11,032,280
86$44,687,240$0$0$12,087,870
87$48,927,183$0$0$13,248,936
88$53,589,579$0$0$14,526,165
89$58,717,202$0$0$15,931,335
90$64,357,179$0$0$17,477,424
91$70,561,434$0$0$19,178,727
92$77,387,178$0$0$21,051,000
93$84,897,446$0$0$23,111,600
94$93,161,688$0$0$25,379,653
95$102,256,432$0$0$27,876,233
96$112,265,995$0$0$30,624,562
97$123,283,285$0$0$33,650,227
98$135,410,673$0$0$36,981,421
99$148,760,958$0$0$40,649,212
100$163,458,432$0$0$44,687,831