Can I retire at age 30 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$72,092$71,449$70,823$70,211$69,614$67,931
2 years$35,689$35,024$34,380$33,755$33,150$31,464
3 years$23,556$22,889$22,246$21,627$21,031$19,396
4 years$17,491$16,826$16,190$15,581$15,000$13,427
5 years$13,853$13,191$12,564$11,968$11,403$9,897
6 years$11,428$10,772$10,153$9,571$9,023$7,586
7 years$9,697$9,046$8,437$7,869$7,338$5,970
8 years$8,399$7,754$7,156$6,601$6,087$4,788
9 years$7,390$6,751$6,163$5,623$5,126$3,894
10 years$6,584$5,951$5,373$4,847$4,368$3,202
11 years$5,924$5,298$4,730$4,218$3,757$2,655
12 years$5,375$4,755$4,198$3,700$3,255$2,216
13 years$4,911$4,297$3,751$3,266$2,839$1,859
14 years$4,513$3,906$3,370$2,900$2,488$1,567
15 years$4,169$3,568$3,043$2,586$2,191$1,326
16 years$3,868$3,274$2,759$2,315$1,936$1,125
17 years$3,602$3,015$2,510$2,080$1,717$957
18 years$3,367$2,786$2,292$1,875$1,527$816
19 years$3,156$2,582$2,098$1,694$1,361$697
20 years$2,967$2,399$1,925$1,534$1,215$596
21 years$2,796$2,235$1,771$1,392$1,088$510
22 years$2,641$2,086$1,632$1,266$975$437
23 years$2,499$1,951$1,507$1,153$875$375
24 years$2,370$1,828$1,394$1,052$787$322
25 years$2,251$1,716$1,291$960$708$277
26 years$2,141$1,612$1,197$878$638$238
27 years$2,040$1,517$1,112$804$575$205
28 years$1,946$1,430$1,033$736$519$176
29 years$1,858$1,349$962$675$468$152
30 years$1,777$1,274$896$620$423$131
31 years$1,701$1,204$835$569$383$113
32 years$1,630$1,140$779$523$346$97
33 years$1,563$1,079$728$481$313$84
34 years$1,501$1,023$680$443$284$72
35 years$1,442$970$636$407$257$62
36 years$1,387$921$595$375$233$54
37 years$1,334$875$556$346$211$46
38 years$1,285$831$521$319$191$40
39 years$1,238$790$488$294$173$34
40 years$1,194$752$458$271$157$30
41 years$1,151$716$429$250$143$26
42 years$1,111$682$403$231$129$22
43 years$1,073$649$378$213$118$19
44 years$1,037$619$355$197$107$16
45 years$1,003$590$333$182$97$14
46 years$970$563$313$168$88$12
47 years$938$537$294$155$80$11
48 years$908$513$276$143$73$9
49 years$880$490$259$132$66$8
50 years$852$468$244$122$60$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $873,000, adding $3,466 every year, while hoping to spend $39,558 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: 23/49/28 Blend
29$873,000$873,000$873,000$873,000
30$965,621$919,352$905,821$979,226
31$1,022,025$922,311$894,076$994,240
32$1,082,856$924,089$880,613$1,006,752
33$1,148,525$924,587$865,330$1,019,307
34$1,219,481$923,698$848,125$1,031,936
35$1,296,220$921,311$828,889$1,044,675
36$1,379,285$917,305$807,507$1,057,568
37$1,469,274$911,556$783,861$1,070,667
38$1,566,845$903,927$757,826$1,084,033
39$1,672,721$894,278$729,271$1,097,739
40$1,787,698$882,456$698,061$1,111,869
41$1,912,649$868,303$664,052$1,126,522
42$2,048,538$851,648$627,096$1,141,812
43$2,196,422$832,312$587,037$1,157,870
44$2,357,467$810,105$543,712$1,174,846
45$2,532,954$784,826$496,952$1,192,913
46$2,724,294$756,261$446,579$1,212,267
47$2,933,040$724,186$392,407$1,233,132
48$3,160,900$688,361$334,243$1,255,764
49$3,409,756$648,534$271,884$1,280,450
50$3,681,678$604,439$205,119$1,307,517
51$3,978,946$555,794$133,728$1,337,335
52$4,304,070$502,299$57,479$1,370,319
53$4,659,814$443,641$0$1,406,939
54$5,049,221$379,484$0$1,454,861
55$5,475,641$309,479$0$1,526,329
56$5,942,765$233,253$0$1,604,896
57$6,454,657$150,412$0$1,691,390
58$7,015,793$60,543$0$1,786,731
59$7,631,102$0$0$1,891,944
60$8,306,012$0$0$2,028,003
61$9,046,504$0$0$2,213,256
62$9,859,165$0$0$2,416,723
63$10,751,250$0$0$2,640,242
64$11,730,750$0$0$2,885,836
65$12,806,470$0$0$3,155,733
66$13,988,107$0$0$3,452,390
67$15,286,346$0$0$3,778,511
68$16,712,957$0$0$4,137,077
69$18,280,904$0$0$4,531,371
70$20,004,474$0$0$4,965,010
71$21,899,404$0$0$5,441,982
72$23,983,032$0$0$5,966,676
73$26,274,463$0$0$6,543,932
74$28,794,741$0$0$7,179,080
75$31,567,057$0$0$7,877,996
76$34,616,960$0$0$8,647,150
77$37,972,600$0$0$9,493,674
78$41,664,993$0$0$10,425,426
79$45,728,315$0$0$11,451,064
80$50,200,221$0$0$12,580,127
81$55,122,201$0$0$13,823,128
82$60,539,973$0$0$15,191,650
83$66,503,909$0$0$16,698,455
84$73,069,515$0$0$18,357,609
85$80,297,953$0$0$20,184,607
86$88,256,615$0$0$22,196,527
87$97,019,761$0$0$24,412,184
88$106,669,219$0$0$26,852,315
89$117,295,155$0$0$29,539,767
90$128,996,925$0$0$32,499,716
91$141,884,012$0$0$35,759,908
92$156,077,058$0$0$39,350,914
93$171,709,002$0$0$43,306,423
94$188,926,336$0$0$47,663,558
95$207,890,482$0$0$52,463,227
96$228,779,322$0$0$57,750,508
97$251,788,869$0$0$63,575,077
98$277,135,123$0$0$69,991,674
99$305,056,104$0$0$77,060,619
100$335,814,102$0$0$84,848,386