Can I retire at age 30 with 879,000?

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 $879,000?

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$72,587$71,940$71,310$70,694$70,093$69,564
2 years$35,934$35,265$34,616$33,987$33,377$32,844
3 years$23,718$23,046$22,399$21,776$21,176$20,655
4 years$17,611$16,941$16,301$15,688$15,103$14,598
5 years$13,948$13,282$12,650$12,050$11,481$10,994
6 years$11,507$10,846$10,223$9,637$9,085$8,615
7 years$9,764$9,108$8,495$7,923$7,388$6,938
8 years$8,457$7,808$7,205$6,646$6,129$5,697
9 years$7,441$6,798$6,206$5,661$5,162$4,748
10 years$6,629$5,992$5,410$4,880$4,398$4,003
11 years$5,965$5,334$4,763$4,247$3,782$3,405
12 years$5,412$4,788$4,227$3,725$3,278$2,918
13 years$4,945$4,327$3,777$3,289$2,858$2,515
14 years$4,544$3,933$3,393$2,919$2,506$2,179
15 years$4,197$3,593$3,064$2,604$2,206$1,896
16 years$3,894$3,296$2,778$2,331$1,950$1,656
17 years$3,627$3,036$2,528$2,095$1,729$1,450
18 years$3,390$2,805$2,307$1,888$1,537$1,273
19 years$3,178$2,600$2,112$1,706$1,370$1,121
20 years$2,987$2,416$1,939$1,545$1,224$988
21 years$2,815$2,250$1,783$1,402$1,095$873
22 years$2,659$2,101$1,643$1,275$982$772
23 years$2,516$1,965$1,517$1,161$881$684
24 years$2,386$1,841$1,403$1,059$792$606
25 years$2,266$1,727$1,300$967$713$538
26 years$2,156$1,624$1,205$884$642$478
27 years$2,054$1,528$1,119$809$579$425
28 years$1,959$1,440$1,041$742$522$378
29 years$1,871$1,358$968$680$472$336
30 years$1,789$1,283$902$624$426$300
31 years$1,713$1,213$841$573$385$267
32 years$1,641$1,147$785$527$348$238
33 years$1,574$1,087$733$484$315$212
34 years$1,511$1,030$684$446$286$189
35 years$1,452$977$640$410$259$169
36 years$1,396$927$599$378$234$151
37 years$1,343$881$560$348$212$135
38 years$1,294$837$525$321$193$120
39 years$1,246$796$492$296$175$107
40 years$1,202$757$461$273$158$96
41 years$1,159$721$432$252$144$86
42 years$1,119$686$405$232$130$77
43 years$1,081$654$380$214$118$68
44 years$1,044$623$357$198$107$61
45 years$1,010$594$335$183$97$55
46 years$977$567$315$169$89$49
47 years$945$541$296$156$80$44
48 years$915$517$278$144$73$39
49 years$886$493$261$133$66$35
50 years$858$471$246$123$60$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $879,000, adding $2,863 every year, while hoping to spend $21,135 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: 53/25/22 Blend
29$879,000$879,000$879,000$879,000
30$971,611$925,024$911,400$1,017,074
31$1,048,228$947,863$919,444$1,071,516
32$1,131,951$971,112$927,050$1,128,294
33$1,223,484$994,770$934,179$1,189,634
34$1,323,599$1,018,834$940,794$1,255,977
35$1,433,149$1,043,299$946,853$1,327,812
36$1,553,070$1,068,161$952,313$1,405,674
37$1,684,397$1,093,414$957,129$1,490,155
38$1,828,265$1,119,052$961,253$1,581,907
39$1,985,928$1,145,065$964,635$1,681,647
40$2,158,765$1,171,446$967,222$1,790,168
41$2,348,295$1,198,182$968,960$1,908,340
42$2,556,191$1,225,263$969,790$2,037,126
43$2,784,296$1,252,674$969,651$2,177,583
44$3,034,640$1,280,401$968,480$2,330,880
45$3,309,458$1,308,426$966,210$2,498,302
46$3,611,215$1,336,731$962,770$2,681,267
47$3,942,623$1,365,295$958,087$2,881,339
48$4,306,672$1,394,095$952,083$3,100,238
49$4,706,653$1,423,106$944,679$3,339,864
50$5,146,194$1,452,301$935,788$3,602,309
51$5,629,291$1,481,650$925,323$3,889,878
52$6,160,347$1,511,119$913,189$4,205,113
53$6,744,213$1,540,674$899,291$4,550,816
54$7,386,231$1,570,275$883,526$4,930,075
55$8,092,289$1,599,881$865,787$5,346,293
56$8,868,874$1,629,447$845,962$5,803,221
57$9,723,133$1,658,924$823,936$6,304,995
58$10,662,940$1,688,258$799,584$6,856,172
59$11,696,970$1,717,393$772,781$7,461,774
60$12,834,784$1,746,268$743,392$8,127,340
61$14,086,913$1,774,816$711,277$8,858,972
62$15,464,963$1,802,968$676,290$9,663,396
63$16,981,722$1,830,646$638,278$10,548,026
64$18,651,279$1,857,769$597,082$11,521,035
65$20,489,159$1,884,250$552,534$12,591,429
66$22,512,471$1,909,995$504,461$13,769,135
67$24,740,062$1,934,904$452,680$15,065,095
68$27,192,705$1,958,870$397,001$16,491,371
69$29,893,285$1,981,780$337,225$18,061,253
70$32,867,023$2,003,509$273,144$19,789,392
71$36,141,707$2,023,930$204,543$21,691,937
72$39,747,961$2,042,901$131,194$23,786,684
73$43,719,525$2,060,276$52,862$26,093,248
74$48,093,584$2,075,897$0$28,633,250
75$52,911,108$2,089,595$0$31,437,730
76$58,217,248$2,101,191$0$34,539,449
77$64,061,753$2,110,495$0$37,954,991
78$70,499,448$2,117,306$0$41,716,324
79$77,590,745$2,121,407$0$45,858,675
80$85,402,215$2,122,570$0$50,420,864
81$94,007,217$2,120,552$0$55,445,675
82$103,486,590$2,115,096$0$60,980,254
83$113,929,414$2,105,928$0$67,076,556
84$125,433,853$2,092,756$0$73,791,838
85$138,108,079$2,075,274$0$81,189,198
86$152,071,295$2,053,155$0$89,338,172
87$167,454,859$2,026,052$0$98,315,389
88$184,403,524$1,993,597$0$108,205,297
89$203,076,803$1,955,403$0$119,100,959
90$223,650,476$1,911,058$0$131,104,931
91$246,318,249$1,860,124$0$144,330,235
92$271,293,581$1,802,141$0$158,901,421
93$298,811,699$1,736,618$0$174,955,748
94$329,131,820$1,663,040$0$192,644,477
95$362,539,595$1,580,858$0$212,134,301
96$399,349,807$1,489,493$0$233,608,921
97$439,909,342$1,388,334$0$257,270,777
98$484,600,465$1,276,732$0$283,342,963
99$533,844,424$1,154,003$0$312,071,335
100$588,105,430$1,019,424$0$343,726,828