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%11.8%
1 years$72,339$71,695$71,066$70,453$69,853$69,326
2 years$35,812$35,145$34,498$33,871$33,264$32,732
3 years$23,637$22,967$22,323$21,702$21,104$20,584
4 years$17,551$16,883$16,245$15,635$15,051$14,548
5 years$13,901$13,237$12,607$12,009$11,442$10,956
6 years$11,468$10,809$10,188$9,604$9,054$8,586
7 years$9,730$9,077$8,466$7,896$7,363$6,914
8 years$8,428$7,781$7,180$6,624$6,108$5,678
9 years$7,416$6,775$6,184$5,642$5,144$4,732
10 years$6,606$5,972$5,392$4,863$4,383$3,989
11 years$5,945$5,316$4,747$4,233$3,770$3,393
12 years$5,394$4,771$4,213$3,713$3,267$2,908
13 years$4,928$4,312$3,764$3,278$2,849$2,507
14 years$4,529$3,919$3,382$2,909$2,497$2,172
15 years$4,183$3,581$3,053$2,595$2,199$1,890
16 years$3,881$3,285$2,768$2,323$1,943$1,650
17 years$3,615$3,025$2,519$2,087$1,723$1,445
18 years$3,378$2,796$2,299$1,881$1,532$1,269
19 years$3,167$2,591$2,105$1,700$1,365$1,117
20 years$2,977$2,408$1,932$1,540$1,220$985
21 years$2,806$2,243$1,777$1,397$1,091$870
22 years$2,650$2,093$1,638$1,270$978$769
23 years$2,508$1,958$1,512$1,157$878$681
24 years$2,378$1,834$1,399$1,055$789$604
25 years$2,258$1,722$1,295$964$710$536
26 years$2,148$1,618$1,201$881$640$476
27 years$2,047$1,523$1,116$807$577$423
28 years$1,952$1,435$1,037$739$520$377
29 years$1,865$1,354$965$678$470$335
30 years$1,783$1,278$899$622$425$299
31 years$1,707$1,208$838$571$384$266
32 years$1,636$1,143$782$525$347$237
33 years$1,569$1,083$730$483$314$211
34 years$1,506$1,026$682$444$285$189
35 years$1,447$973$638$409$258$168
36 years$1,391$924$597$377$234$150
37 years$1,339$878$558$347$212$134
38 years$1,289$834$523$320$192$120
39 years$1,242$793$490$295$174$107
40 years$1,198$754$459$272$158$96
41 years$1,155$718$431$251$143$85
42 years$1,115$684$404$232$130$76
43 years$1,077$652$379$214$118$68
44 years$1,041$621$356$197$107$61
45 years$1,006$592$334$182$97$54
46 years$973$565$314$168$88$49
47 years$942$539$295$156$80$43
48 years$912$515$277$144$73$39
49 years$883$492$260$133$66$35
50 years$855$470$245$123$60$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $876,000, adding $4,990 every year, while hoping to spend $27,805 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: 47/38/15 Blend
29$876,000$876,000$876,000$876,000
30$970,499$924,071$910,493$1,011,794
31$1,039,906$939,766$911,410$1,056,628
32$1,115,460$955,299$911,426$1,102,021
33$1,197,759$970,631$910,482$1,150,681
34$1,287,462$985,723$908,514$1,202,923
35$1,385,291$1,000,531$905,457$1,259,096
36$1,492,044$1,015,011$901,243$1,319,581
37$1,608,598$1,029,111$895,800$1,384,804
38$1,735,917$1,042,780$889,052$1,455,230
39$1,875,065$1,055,961$880,920$1,531,377
40$2,027,212$1,068,593$871,321$1,613,813
41$2,193,646$1,080,613$860,168$1,703,166
42$2,375,786$1,091,950$847,372$1,800,130
43$2,575,193$1,102,533$832,835$1,905,470
44$2,793,587$1,112,282$816,460$2,020,029
45$3,032,863$1,121,113$798,142$2,144,740
46$3,295,106$1,128,939$777,771$2,280,631
47$3,582,615$1,135,665$755,234$2,428,837
48$3,897,918$1,141,189$730,411$2,590,609
49$4,243,804$1,145,406$703,177$2,767,329
50$4,623,341$1,148,200$673,403$2,960,521
51$5,039,912$1,149,451$640,952$3,171,868
52$5,497,239$1,149,031$605,680$3,403,224
53$5,999,427$1,146,803$567,440$3,656,639
54$6,550,994$1,142,621$526,074$3,934,370
55$7,156,919$1,136,334$481,422$4,238,910
56$7,822,687$1,127,776$433,311$4,573,009
57$8,554,339$1,116,775$381,566$4,939,699
58$9,358,533$1,103,149$325,999$5,342,326
59$10,242,602$1,086,701$266,418$5,784,582
60$11,214,624$1,067,227$202,621$6,270,538
61$12,283,503$1,044,508$134,395$6,804,684
62$13,459,044$1,018,312$61,521$7,391,973
63$14,752,053$988,396$0$8,037,870
64$16,174,434$954,500$0$8,751,000
65$17,739,306$916,349$0$9,546,085
66$19,461,119$873,654$0$10,420,639
67$21,355,797$826,108$0$11,382,786
68$23,440,887$773,386$0$12,441,484
69$25,735,720$715,144$0$13,606,608
70$28,261,598$651,021$0$14,889,048
71$31,041,992$580,631$0$16,300,806
72$34,102,763$503,571$0$17,855,115
73$37,472,410$419,411$0$19,566,564
74$41,182,333$327,698$0$21,451,237
75$45,267,131$227,956$0$23,526,863
76$49,764,931$119,678$0$25,812,988
77$54,717,744$2,333$0$28,331,157
78$60,171,862$0$0$31,105,124
79$66,178,298$0$0$34,213,192
80$72,793,260$0$0$37,637,355
81$80,078,689$0$0$41,408,717
82$88,102,838$0$0$45,562,626
83$96,940,918$0$0$50,138,037
84$106,675,807$0$0$55,177,872
85$117,398,833$0$0$60,729,431
86$129,210,634$0$0$66,844,837
87$142,222,107$0$0$73,581,527
88$156,555,459$0$0$81,002,791
89$172,345,353$0$0$89,178,378
90$189,740,185$0$0$98,185,143
91$208,903,482$0$0$108,107,780
92$230,015,443$0$0$119,039,622
93$253,274,645$0$0$131,083,513
94$278,899,910$0$0$144,352,790
95$307,132,377$0$0$158,972,345
96$338,237,773$0$0$175,079,804
97$372,508,923$0$0$192,826,830
98$410,268,514$0$0$212,380,554
99$451,872,138$0$0$233,925,147
100$497,711,654$0$0$257,663,564