Can I retire at age 30 with 878,000?

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 $878,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$72,504$71,859$71,228$70,613$70,013$69,224
2 years$35,893$35,225$34,577$33,949$33,340$32,545
3 years$23,691$23,020$22,374$21,751$21,152$20,377
4 years$17,591$16,922$16,282$15,671$15,086$14,336
5 years$13,932$13,267$12,636$12,037$11,468$10,746
6 years$11,494$10,834$10,212$9,626$9,074$8,381
7 years$9,753$9,098$8,486$7,914$7,380$6,715
8 years$8,447$7,799$7,197$6,639$6,122$5,486
9 years$7,433$6,790$6,198$5,655$5,156$4,548
10 years$6,622$5,985$5,404$4,874$4,393$3,813
11 years$5,958$5,328$4,758$4,242$3,778$3,226
12 years$5,406$4,782$4,222$3,721$3,274$2,749
13 years$4,939$4,322$3,772$3,285$2,855$2,356
14 years$4,539$3,928$3,389$2,916$2,503$2,029
15 years$4,193$3,589$3,060$2,601$2,204$1,755
16 years$3,890$3,293$2,775$2,329$1,948$1,523
17 years$3,623$3,032$2,525$2,092$1,727$1,325
18 years$3,386$2,802$2,305$1,886$1,535$1,156
19 years$3,174$2,597$2,110$1,704$1,369$1,011
20 years$2,984$2,413$1,936$1,543$1,222$886
21 years$2,812$2,248$1,781$1,400$1,094$777
22 years$2,656$2,098$1,642$1,273$981$683
23 years$2,514$1,962$1,516$1,160$880$600
24 years$2,383$1,839$1,402$1,058$791$529
25 years$2,264$1,725$1,298$966$712$466
26 years$2,153$1,622$1,204$883$641$411
27 years$2,051$1,526$1,118$808$578$363
28 years$1,957$1,438$1,039$741$522$320
29 years$1,869$1,357$967$679$471$283
30 years$1,787$1,281$901$623$426$250
31 years$1,711$1,211$840$572$385$221
32 years$1,639$1,146$784$526$348$196
33 years$1,572$1,085$732$484$315$173
34 years$1,509$1,029$684$445$285$154
35 years$1,450$976$639$410$258$136
36 years$1,394$926$598$377$234$120
37 years$1,342$880$560$348$212$107
38 years$1,292$836$524$321$192$95
39 years$1,245$795$491$296$174$84
40 years$1,200$756$460$273$158$74
41 years$1,158$720$432$251$144$66
42 years$1,118$686$405$232$130$58
43 years$1,080$653$380$214$118$52
44 years$1,043$623$357$198$107$46
45 years$1,009$594$335$183$97$41
46 years$975$566$314$169$88$36
47 years$944$541$295$156$80$32
48 years$914$516$278$144$73$28
49 years$885$493$261$133$66$25
50 years$857$471$245$123$60$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $878,000, adding $6,305 every year, while hoping to spend $56,356 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: 35/46/19 Blend
29$878,000$878,000$878,000$878,000
30$974,060$927,526$913,917$1,002,304
31$1,013,451$913,012$884,570$1,009,026
32$1,054,972$895,898$852,352$1,010,578
33$1,098,780$875,998$817,107$1,011,076
34$1,145,046$853,113$778,671$1,010,461
35$1,193,959$827,033$736,874$1,008,668
36$1,245,722$797,537$691,539$1,005,636
37$1,300,560$764,391$642,479$1,001,302
38$1,358,716$727,345$589,501$995,600
39$1,420,457$686,136$532,401$988,468
40$1,486,075$640,488$470,968$979,843
41$1,555,889$590,107$404,980$969,663
42$1,630,248$534,681$334,206$957,867
43$1,709,535$473,882$258,403$944,397
44$1,794,169$407,364$177,321$929,198
45$1,884,609$334,759$90,697$912,218
46$1,981,359$255,681$0$893,412
47$2,084,968$169,721$0$873,093
48$2,196,044$76,446$0$870,517
49$2,315,249$0$0$867,314
50$2,443,313$0$0$875,985
51$2,581,034$0$0$927,012
52$2,729,290$0$0$982,037
53$2,889,046$0$0$1,041,429
54$3,061,359$0$0$1,105,595
55$3,247,394$0$0$1,174,981
56$3,448,429$0$0$1,250,078
57$3,665,868$0$0$1,331,424
58$3,901,255$0$0$1,419,614
59$4,156,288$0$0$1,515,300
60$4,432,834$0$0$1,619,198
61$4,732,943$0$0$1,732,099
62$5,058,875$0$0$1,854,868
63$5,413,112$0$0$1,988,463
64$5,798,385$0$0$2,133,932
65$6,217,700$0$0$2,292,433
66$6,674,363$0$0$2,465,238
67$7,172,013$0$0$2,653,746
68$7,714,655$0$0$2,859,499
69$8,306,696$0$0$3,084,194
70$8,952,987$0$0$3,329,698
71$9,658,868$0$0$3,598,067
72$10,430,219$0$0$3,891,565
73$11,273,511$0$0$4,212,684
74$12,195,870$0$0$4,564,170
75$13,205,142$0$0$4,949,043
76$14,309,967$0$0$5,370,633
77$15,519,858$0$0$5,832,603
78$16,845,292$0$0$6,338,990
79$18,297,805$0$0$6,894,240
80$19,890,105$0$0$7,503,249
81$21,636,187$0$0$8,171,409
82$23,551,463$0$0$8,904,660
83$25,652,912$0$0$9,709,546
84$27,959,233$0$0$10,593,274
85$30,491,025$0$0$11,563,782
86$33,270,978$0$0$12,629,817
87$36,324,088$0$0$13,801,013
88$39,677,888$0$0$15,087,984
89$43,362,711$0$0$16,502,424
90$47,411,973$0$0$18,057,213
91$51,862,487$0$0$19,766,544
92$56,754,810$0$0$21,646,053
93$62,133,624$0$0$23,712,967
94$68,048,156$0$0$25,986,265
95$74,552,643$0$0$28,486,859
96$81,706,841$0$0$31,237,788
97$89,576,586$0$0$34,264,437
98$98,234,418$0$0$37,594,778
99$107,760,261$0$0$41,259,627
100$118,242,176$0$0$45,292,941