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%13.5%
1 years$72,339$71,695$71,066$70,453$69,853$68,838
2 years$35,812$35,145$34,498$33,871$33,264$32,243
3 years$23,637$22,967$22,323$21,702$21,104$20,109
4 years$17,551$16,883$16,245$15,635$15,051$14,091
5 years$13,901$13,237$12,607$12,009$11,442$10,518
6 years$11,468$10,809$10,188$9,604$9,054$8,167
7 years$9,730$9,077$8,466$7,896$7,363$6,515
8 years$8,428$7,781$7,180$6,624$6,108$5,298
9 years$7,416$6,775$6,184$5,642$5,144$4,372
10 years$6,606$5,972$5,392$4,863$4,383$3,648
11 years$5,945$5,316$4,747$4,233$3,770$3,070
12 years$5,394$4,771$4,213$3,713$3,267$2,603
13 years$4,928$4,312$3,764$3,278$2,849$2,219
14 years$4,529$3,919$3,382$2,909$2,497$1,901
15 years$4,183$3,581$3,053$2,595$2,199$1,635
16 years$3,881$3,285$2,768$2,323$1,943$1,411
17 years$3,615$3,025$2,519$2,087$1,723$1,221
18 years$3,378$2,796$2,299$1,881$1,532$1,060
19 years$3,167$2,591$2,105$1,700$1,365$921
20 years$2,977$2,408$1,932$1,540$1,220$802
21 years$2,806$2,243$1,777$1,397$1,091$699
22 years$2,650$2,093$1,638$1,270$978$611
23 years$2,508$1,958$1,512$1,157$878$534
24 years$2,378$1,834$1,399$1,055$789$467
25 years$2,258$1,722$1,295$964$710$409
26 years$2,148$1,618$1,201$881$640$359
27 years$2,047$1,523$1,116$807$577$315
28 years$1,952$1,435$1,037$739$520$276
29 years$1,865$1,354$965$678$470$242
30 years$1,783$1,278$899$622$425$213
31 years$1,707$1,208$838$571$384$187
32 years$1,636$1,143$782$525$347$164
33 years$1,569$1,083$730$483$314$145
34 years$1,506$1,026$682$444$285$127
35 years$1,447$973$638$409$258$112
36 years$1,391$924$597$377$234$98
37 years$1,339$878$558$347$212$87
38 years$1,289$834$523$320$192$76
39 years$1,242$793$490$295$174$67
40 years$1,198$754$459$272$158$59
41 years$1,155$718$431$251$143$52
42 years$1,115$684$404$232$130$46
43 years$1,077$652$379$214$118$40
44 years$1,041$621$356$197$107$35
45 years$1,006$592$334$182$97$31
46 years$973$565$314$168$88$28
47 years$942$539$295$156$80$24
48 years$912$515$277$144$73$21
49 years$883$492$260$133$66$19
50 years$855$470$245$123$60$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $876,000, adding $3,207 every year, while hoping to spend $30,757 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: 82/11/7 Blend
29$876,000$876,000$876,000$876,000
30$968,660$922,232$908,654$1,047,171
31$1,034,738$934,696$906,369$1,111,447
32$1,106,525$946,740$902,976$1,177,555
33$1,184,572$958,311$898,406$1,249,183
34$1,269,482$969,352$892,587$1,326,864
35$1,361,921$979,803$885,441$1,411,188
36$1,462,623$989,599$876,889$1,502,805
37$1,572,392$998,671$866,846$1,602,427
38$1,692,116$1,006,946$855,225$1,710,842
39$1,822,771$1,014,345$841,935$1,828,916
40$1,965,432$1,020,786$826,878$1,957,605
41$2,121,281$1,026,180$809,953$2,097,959
42$2,291,622$1,030,433$791,057$2,251,138
43$2,477,887$1,033,444$770,077$2,418,416
44$2,681,655$1,035,106$746,898$2,601,201
45$2,904,665$1,035,308$721,401$2,801,042
46$3,148,831$1,033,928$693,458$3,019,645
47$3,416,261$1,030,839$662,937$3,258,890
48$3,709,275$1,025,906$629,701$3,520,850
49$4,030,430$1,018,984$593,605$3,807,808
50$4,382,541$1,009,921$554,498$4,122,279
51$4,768,709$998,557$512,223$4,467,037
52$5,192,350$984,718$466,614$4,845,134
53$5,657,224$968,225$417,501$5,259,938
54$6,167,477$948,883$364,703$5,715,157
55$6,727,671$926,490$308,033$6,214,880
56$7,342,836$900,830$247,294$6,763,610
57$8,018,509$871,675$182,282$7,366,312
58$8,760,791$838,782$112,783$8,028,456
59$9,576,405$801,895$38,574$8,756,070
60$10,472,755$760,745$0$9,555,798
61$11,457,999$715,044$0$10,437,994
62$12,541,124$664,490$0$11,410,965
63$13,732,031$608,763$0$12,480,738
64$15,041,630$547,524$0$13,657,130
65$16,481,939$480,415$0$14,950,962
66$18,066,201$407,060$0$16,374,157
67$19,809,006$327,058$0$17,939,851
68$21,726,428$239,987$0$19,662,523
69$23,836,179$145,402$0$21,558,127
70$26,157,776$42,833$0$23,644,242
71$28,712,719$0$0$25,940,243
72$31,524,703$0$0$28,475,736
73$34,619,833$0$0$31,272,265
74$38,026,874$0$0$34,350,638
75$41,777,521$0$0$37,739,496
76$45,906,699$0$0$41,470,398
77$50,452,892$0$0$45,578,118
78$55,458,502$0$0$50,100,974
79$60,970,257$0$0$55,081,190
80$67,039,643$0$0$60,565,289
81$73,723,394$0$0$66,604,540
82$81,084,028$0$0$73,255,435
83$89,190,433$0$0$80,580,224
84$98,118,520$0$0$88,647,502
85$107,951,938$0$0$97,532,858
86$118,782,863$0$0$107,319,585
87$130,712,866$0$0$118,099,466
88$143,853,876$0$0$129,973,644
89$158,329,230$0$0$143,053,571
90$174,274,841$0$0$157,462,062
91$191,840,479$0$0$173,334,457
92$211,191,185$0$0$190,819,890
93$232,508,826$0$0$210,082,705
94$255,993,816$0$0$231,304,001
95$281,867,001$0$0$254,683,345
96$310,371,748$0$0$280,440,652
97$341,776,240$0$0$308,818,261
98$376,376,007$0$0$340,083,225
99$414,496,716$0$0$374,529,830
100$456,497,244$0$0$412,482,368