Can I retire at age 30 with 877,000?

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 $877,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$72,422$71,777$71,147$70,533$69,933$67,885
2 years$35,852$35,185$34,538$33,910$33,302$31,255
3 years$23,664$22,994$22,348$21,727$21,128$19,146
4 years$17,571$16,903$16,264$15,653$15,069$13,168
5 years$13,916$13,252$12,621$12,023$11,455$9,640
6 years$11,481$10,821$10,200$9,615$9,064$7,336
7 years$9,742$9,088$8,476$7,905$7,371$5,731
8 years$8,438$7,790$7,188$6,631$6,115$4,561
9 years$7,424$6,782$6,191$5,648$5,150$3,681
10 years$6,614$5,978$5,398$4,869$4,388$3,002
11 years$5,951$5,322$4,752$4,237$3,774$2,468
12 years$5,400$4,777$4,217$3,717$3,270$2,043
13 years$4,933$4,317$3,768$3,281$2,852$1,699
14 years$4,534$3,924$3,386$2,913$2,500$1,420
15 years$4,188$3,585$3,057$2,598$2,201$1,190
16 years$3,885$3,289$2,771$2,326$1,945$1,000
17 years$3,619$3,029$2,522$2,090$1,725$843
18 years$3,382$2,799$2,302$1,883$1,534$712
19 years$3,171$2,594$2,107$1,702$1,367$602
20 years$2,981$2,410$1,934$1,541$1,221$510
21 years$2,809$2,245$1,779$1,399$1,093$432
22 years$2,653$2,096$1,640$1,272$979$367
23 years$2,511$1,960$1,514$1,158$879$311
24 years$2,381$1,837$1,400$1,056$790$265
25 years$2,261$1,724$1,297$965$711$225
26 years$2,151$1,620$1,203$882$641$192
27 years$2,049$1,524$1,117$807$577$163
28 years$1,955$1,436$1,038$740$521$139
29 years$1,867$1,355$966$678$471$118
30 years$1,785$1,280$900$623$425$101
31 years$1,709$1,210$839$572$384$86
32 years$1,638$1,145$783$526$348$73
33 years$1,571$1,084$731$483$315$62
34 years$1,508$1,027$683$445$285$53
35 years$1,449$975$638$409$258$45
36 years$1,393$925$597$377$234$39
37 years$1,340$879$559$347$212$33
38 years$1,291$835$524$320$192$28
39 years$1,244$794$490$295$174$24
40 years$1,199$755$460$272$158$20
41 years$1,157$719$431$251$143$17
42 years$1,117$685$404$232$130$15
43 years$1,078$652$379$214$118$13
44 years$1,042$622$356$198$107$11
45 years$1,007$593$334$182$97$9
46 years$974$566$314$169$88$8
47 years$943$540$295$156$80$7
48 years$913$515$277$144$73$6
49 years$884$492$261$133$66$5
50 years$856$470$245$123$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $877,000, adding $5,887 every year, while hoping to spend $23,316 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: 45/31/24 Blend
29$877,000$877,000$877,000$877,000
30$972,526$926,045$912,452$1,009,321
31$1,046,916$946,614$918,211$1,056,463
32$1,128,112$967,408$923,382$1,104,827
33$1,216,784$988,416$927,919$1,156,812
34$1,313,669$1,009,621$931,778$1,212,767
35$1,419,578$1,031,008$934,907$1,273,078
36$1,535,406$1,052,558$937,258$1,338,169
37$1,662,136$1,074,251$938,774$1,408,508
38$1,800,850$1,096,066$939,400$1,484,611
39$1,952,743$1,117,980$939,075$1,567,047
40$2,119,127$1,139,965$937,739$1,656,444
41$2,301,449$1,161,995$935,324$1,753,494
42$2,501,303$1,184,038$931,763$1,858,960
43$2,720,442$1,206,062$926,984$1,973,684
44$2,960,800$1,228,032$920,911$2,098,594
45$3,224,505$1,249,909$913,465$2,234,713
46$3,513,902$1,271,652$904,563$2,383,171
47$3,831,572$1,293,215$894,118$2,545,211
48$4,180,361$1,314,552$882,040$2,722,207
49$4,563,403$1,335,610$868,233$2,915,672
50$4,984,150$1,356,334$852,599$3,127,276
51$5,446,404$1,376,665$835,031$3,358,859
52$5,954,355$1,396,539$815,422$3,612,452
53$6,512,618$1,415,888$793,658$3,890,292
54$7,126,277$1,434,640$769,618$4,194,847
55$7,800,936$1,452,715$743,178$4,528,840
56$8,542,764$1,470,031$714,208$4,895,272
57$9,358,562$1,486,498$682,570$5,297,451
58$10,255,821$1,502,023$648,122$5,739,027
59$11,242,795$1,516,502$610,714$6,224,022
60$12,328,579$1,529,829$570,191$6,756,873
61$13,523,191$1,541,888$526,390$7,342,471
62$14,837,672$1,552,556$479,140$7,986,209
63$16,284,187$1,561,704$428,263$8,694,032
64$17,876,138$1,569,191$373,574$9,472,495
65$19,628,293$1,574,870$314,877$10,328,827
66$21,556,925$1,578,585$251,972$11,270,996
67$23,679,963$1,580,168$184,645$12,307,786
68$26,017,165$1,579,441$112,676$13,448,881
69$28,590,299$1,576,218$35,834$14,704,961
70$31,423,354$1,570,296$0$16,087,795
71$34,542,761$1,561,466$0$17,622,182
72$37,977,645$1,549,500$0$19,321,167
73$41,760,101$1,534,162$0$21,191,400
74$45,925,492$1,515,197$0$23,250,336
75$50,512,788$1,492,337$0$25,517,212
76$55,564,929$1,465,298$0$28,013,229
77$61,129,234$1,433,780$0$30,761,753
78$67,257,843$1,397,462$0$33,788,538
79$74,008,213$1,356,008$0$37,121,965
80$81,443,658$1,309,060$0$40,793,316
81$89,633,946$1,256,239$0$44,837,064
82$98,655,960$1,197,146$0$49,291,205
83$108,594,419$1,131,357$0$54,197,613
84$119,542,680$1,058,424$0$59,602,437
85$131,603,620$977,873$0$65,556,540
86$144,890,605$889,205$0$72,115,975
87$159,528,560$791,889$0$79,342,522
88$175,655,149$685,368$0$87,304,263
89$193,422,072$569,048$0$96,076,235
90$212,996,499$442,308$0$105,741,134
91$234,562,647$304,486$0$116,390,097
92$258,323,518$154,887$0$128,123,566
93$284,502,816$0$0$141,052,236
94$313,347,057$0$0$155,300,564
95$345,127,896$0$0$171,057,903
96$380,144,692$0$0$188,419,865
97$418,727,336$0$0$207,550,041
98$461,239,357$0$0$228,628,701
99$508,081,363$0$0$251,854,505
100$559,694,813$0$0$277,446,370