Can I retire at age 30 with 882,000?

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 $882,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$72,835$72,186$71,553$70,935$70,332$67,863
2 years$36,057$35,385$34,734$34,103$33,491$31,030
3 years$23,799$23,125$22,475$21,850$21,248$18,872
4 years$17,671$16,999$16,356$15,742$15,154$12,881
5 years$13,996$13,327$12,693$12,091$11,520$9,356
6 years$11,546$10,883$10,258$9,670$9,116$7,062
7 years$9,797$9,139$8,524$7,950$7,413$5,470
8 years$8,486$7,834$7,229$6,669$6,150$4,315
9 years$7,467$6,821$6,227$5,680$5,179$3,450
10 years$6,652$6,012$5,429$4,897$4,413$2,787
11 years$5,985$5,353$4,779$4,262$3,795$2,270
12 years$5,431$4,804$4,241$3,738$3,289$1,860
13 years$4,961$4,342$3,789$3,300$2,868$1,531
14 years$4,560$3,946$3,405$2,929$2,514$1,266
15 years$4,212$3,605$3,074$2,613$2,214$1,050
16 years$3,908$3,308$2,787$2,339$1,956$873
17 years$3,640$3,046$2,536$2,102$1,735$728
18 years$3,402$2,815$2,315$1,894$1,542$608
19 years$3,189$2,609$2,119$1,711$1,375$508
20 years$2,998$2,424$1,945$1,550$1,228$425
21 years$2,825$2,258$1,789$1,407$1,099$356
22 years$2,668$2,108$1,649$1,279$985$299
23 years$2,525$1,971$1,523$1,165$884$251
24 years$2,394$1,847$1,408$1,062$795$211
25 years$2,274$1,733$1,304$970$715$177
26 years$2,163$1,629$1,210$887$644$149
27 years$2,061$1,533$1,123$812$581$125
28 years$1,966$1,445$1,044$744$524$105
29 years$1,878$1,363$972$682$473$89
30 years$1,795$1,287$905$626$428$75
31 years$1,719$1,217$844$575$387$63
32 years$1,647$1,151$787$529$350$53
33 years$1,580$1,090$735$486$316$44
34 years$1,516$1,033$687$447$287$37
35 years$1,457$980$642$412$260$32
36 years$1,401$930$601$379$235$27
37 years$1,348$884$562$349$213$22
38 years$1,298$840$526$322$193$19
39 years$1,251$798$493$297$175$16
40 years$1,206$760$462$274$159$13
41 years$1,163$723$434$253$144$11
42 years$1,123$689$407$233$131$9
43 years$1,085$656$382$215$119$8
44 years$1,048$625$358$199$108$7
45 years$1,013$596$336$184$98$6
46 years$980$569$316$170$89$5
47 years$948$543$297$157$81$4
48 years$918$518$279$145$73$3
49 years$889$495$262$134$67$3
50 years$861$473$246$124$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $882,000, adding $4,884 every year, while hoping to spend $50,443 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: 71/24/5 Blend
29$882,000$882,000$882,000$882,000
30$977,002$930,256$916,585$1,045,559
31$1,022,985$922,167$893,619$1,083,355
32$1,071,968$911,992$868,194$1,117,949
33$1,124,203$899,574$840,173$1,154,395
34$1,179,968$884,749$809,415$1,192,858
35$1,239,565$867,342$775,770$1,233,527
36$1,303,326$847,168$739,085$1,276,605
37$1,371,618$824,031$699,196$1,322,321
38$1,444,838$797,724$655,935$1,370,926
39$1,523,427$768,028$609,124$1,422,700
40$1,607,865$734,710$558,578$1,477,952
41$1,698,680$697,524$504,104$1,537,023
42$1,796,454$656,210$445,499$1,600,291
43$1,901,822$610,495$382,553$1,668,176
44$2,015,485$560,086$315,046$1,741,139
45$2,138,212$504,677$242,747$1,819,694
46$2,270,846$443,944$165,416$1,904,408
47$2,414,317$377,542$82,802$1,995,907
48$2,569,646$305,109$0$2,094,887
49$2,737,953$226,263$0$2,202,400
50$2,920,474$140,599$0$2,323,741
51$3,118,564$47,690$0$2,455,444
52$3,333,715$0$0$2,598,562
53$3,567,569$0$0$2,768,234
54$3,821,932$0$0$2,966,524
55$4,098,789$0$0$3,182,392
56$4,400,327$0$0$3,417,547
57$4,728,950$0$0$3,673,870
58$5,087,307$0$0$3,953,431
59$5,478,310$0$0$4,258,510
60$5,905,166$0$0$4,591,615
61$6,371,407$0$0$4,955,506
62$6,880,916$0$0$5,353,224
63$7,437,974$0$0$5,788,115
64$8,047,291$0$0$6,263,865
65$8,714,054$0$0$6,784,529
66$9,443,973$0$0$7,354,577
67$10,243,339$0$0$7,978,927
68$11,119,076$0$0$8,662,998
69$12,078,812$0$0$9,412,756
70$13,130,947$0$0$10,234,772
71$14,284,734$0$0$11,136,285
72$15,550,361$0$0$12,125,265
73$16,939,052$0$0$13,210,493
74$18,463,170$0$0$14,401,640
75$20,136,333$0$0$15,709,360
76$21,973,541$0$0$17,145,389
77$23,991,318$0$0$18,722,653
78$26,207,868$0$0$20,455,394
79$28,643,243$0$0$22,359,299
80$31,319,534$0$0$24,451,653
81$34,261,080$0$0$26,751,496
82$37,494,692$0$0$29,279,805
83$41,049,911$0$0$32,059,690
84$44,959,281$0$0$35,116,614
85$49,258,658$0$0$38,478,629
86$53,987,548$0$0$42,176,644
87$59,189,477$0$0$46,244,712
88$64,912,401$0$0$50,720,353
89$71,209,160$0$0$55,644,909
90$78,137,973$0$0$61,063,928
91$85,762,988$0$0$67,027,599
92$94,154,884$0$0$73,591,221
93$103,391,542$0$0$80,815,728
94$113,558,774$0$0$88,768,258
95$124,751,135$0$0$97,522,789
96$137,072,812$0$0$107,160,838
97$150,638,607$0$0$117,772,226
98$165,575,021$0$0$129,455,926
99$182,021,444$0$0$142,320,998
100$200,131,472$0$0$156,487,615