Can I retire at age 30 with 12,000,000?

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$990,949$982,122$973,510$965,105$956,897$928,871
2 years$490,569$481,432$472,578$463,993$455,665$427,657
3 years$323,797$314,621$305,789$297,285$289,093$261,980
4 years$240,428$231,280$222,536$214,177$206,183$180,174
5 years$190,419$181,326$172,697$164,508$156,737$131,902
6 years$157,091$148,067$139,565$131,559$124,021$100,382
7 years$133,294$124,346$115,979$108,162$100,862$78,419
8 years$115,455$106,588$98,360$90,734$83,675$62,414
9 years$101,588$92,804$84,717$77,285$70,466$50,367
10 years$90,500$81,802$73,858$66,621$60,041$41,075
11 years$81,434$72,823$65,024$57,980$51,637$33,773
12 years$73,885$65,362$57,707$50,856$44,748$27,949
13 years$67,502$59,068$51,557$44,898$39,021$23,250
14 years$62,035$53,692$46,324$39,856$34,205$19,423
15 years$57,302$49,048$41,825$35,544$30,117$16,282
16 years$53,165$45,001$37,920$31,826$26,618$13,688
17 years$49,518$41,444$34,506$28,595$23,601$11,534
18 years$46,279$38,296$31,499$25,770$20,985$9,738
19 years$43,385$35,493$28,836$23,286$18,704$8,235
20 years$40,784$32,981$26,464$21,090$16,707$6,974
21 years$38,434$30,721$24,342$19,140$14,951$5,913
22 years$36,300$28,677$22,435$17,403$13,401$5,018
23 years$34,354$26,821$20,715$15,849$12,030$4,262
24 years$32,574$25,129$19,158$14,455$10,813$3,622
25 years$30,938$23,583$17,744$13,201$9,730$3,080
26 years$29,430$22,164$16,457$12,071$8,764$2,621
27 years$28,037$20,859$15,281$11,049$7,902$2,231
28 years$26,745$19,655$14,206$10,123$7,130$1,900
29 years$25,545$18,542$13,220$9,283$6,438$1,618
30 years$24,427$17,511$12,314$8,519$5,817$1,378
31 years$23,383$16,554$11,480$7,824$5,259$1,175
32 years$22,406$15,663$10,711$7,191$4,757$1,001
33 years$21,490$14,834$10,001$6,613$4,305$853
34 years$20,630$14,059$9,344$6,084$3,898$728
35 years$19,821$13,335$8,736$5,601$3,531$620
36 years$19,059$12,656$8,172$5,158$3,199$529
37 years$18,339$12,021$7,649$4,753$2,899$451
38 years$17,659$11,424$7,163$4,381$2,629$385
39 years$17,016$10,863$6,711$4,039$2,384$328
40 years$16,406$10,335$6,290$3,725$2,162$280
41 years$15,827$9,838$5,898$3,437$1,961$239
42 years$15,278$9,370$5,533$3,172$1,780$204
43 years$14,755$8,927$5,192$2,928$1,615$174
44 years$14,258$8,510$4,873$2,704$1,466$148
45 years$13,784$8,115$4,576$2,497$1,331$126
46 years$13,332$7,741$4,298$2,307$1,209$108
47 years$12,900$7,387$4,038$2,131$1,097$92
48 years$12,488$7,052$3,794$1,969$997$79
49 years$12,094$6,735$3,567$1,820$905$67
50 years$11,716$6,433$3,353$1,682$822$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,000,000, adding $2,467 every year, while hoping to spend $31,407 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: 76/11/13 Blend
29$12,000,000$12,000,000$12,000,000$12,000,000
30$13,226,545$12,590,545$12,404,545$14,196,709
31$14,542,235$13,174,065$12,786,680$15,420,439
32$15,991,074$13,785,124$13,180,565$16,757,393
33$17,586,608$14,425,040$13,586,558$18,222,166
34$19,343,767$15,095,192$14,005,033$19,827,473
35$21,279,001$15,797,026$14,436,371$21,587,308
36$23,410,437$16,532,058$14,880,967$23,517,081
37$25,758,050$17,301,878$15,339,228$25,633,760
38$28,343,852$18,108,150$15,811,573$27,956,030
39$31,192,098$18,952,623$16,298,434$30,504,462
40$34,329,516$19,837,125$16,800,255$33,301,715
41$37,785,559$20,763,576$17,317,496$36,372,739
42$41,592,682$21,733,988$17,850,629$39,745,011
43$45,786,652$22,750,470$18,400,141$43,448,796
44$50,406,880$23,815,232$18,966,535$47,517,423
45$55,496,795$24,930,592$19,550,328$51,987,603
46$61,104,257$26,098,980$20,152,052$56,899,771
47$67,282,004$27,322,943$20,772,259$62,298,465
48$74,088,152$28,605,151$21,411,513$68,232,742
49$81,586,744$29,948,403$22,070,399$74,756,641
50$89,848,353$31,355,636$22,749,518$81,929,687
51$98,950,748$32,829,925$23,449,490$89,817,454
52$108,979,630$34,374,497$24,170,954$98,492,174
53$120,029,439$35,992,734$24,914,567$108,033,423
54$132,204,246$37,688,182$25,681,010$118,528,862
55$145,618,735$39,464,559$26,470,980$130,075,065
56$160,399,286$41,325,763$27,285,198$142,778,425
57$176,685,168$43,275,880$28,124,406$156,756,152
58$194,629,852$45,319,195$28,989,371$172,137,380
59$214,402,462$47,460,201$29,880,880$189,064,378
60$236,189,370$49,703,607$30,799,746$207,693,888
61$260,195,955$52,054,353$31,746,807$228,198,604
62$286,648,542$54,517,617$32,722,925$250,768,790
63$315,796,540$57,098,827$33,728,990$275,614,078
64$347,914,795$59,803,676$34,765,918$302,965,435
65$383,306,181$62,638,134$35,834,654$333,077,343
66$422,304,468$65,608,459$36,936,171$366,230,192
67$465,277,464$68,721,213$38,071,473$402,732,921
68$512,630,490$71,983,278$39,241,592$442,925,929
69$564,810,208$75,401,867$40,447,594$487,184,280
70$622,308,837$78,984,546$41,690,576$535,921,236
71$685,668,798$82,739,248$42,971,670$589,592,155
72$755,487,836$86,674,291$44,292,041$648,698,776
73$832,424,661$90,798,398$45,652,890$713,793,951
74$917,205,169$95,120,712$47,055,455$785,486,854
75$1,010,629,296$99,650,826$48,501,012$864,448,724
76$1,113,578,563$104,398,795$49,990,874$951,419,193
77$1,227,024,405$109,375,165$51,526,397$1,047,213,254
78$1,352,037,339$114,590,993$53,108,976$1,152,728,951
79$1,489,797,070$120,057,875$54,740,050$1,268,955,842
80$1,641,603,630$125,787,969$56,421,100$1,396,984,332
81$1,808,889,647$131,794,026$58,153,654$1,538,015,953
82$1,993,233,875$138,089,418$59,939,286$1,693,374,698
83$2,196,376,095$144,688,164$61,779,617$1,864,519,504
84$2,420,233,541$151,604,969$63,676,318$2,053,058,014
85$2,666,919,000$158,855,250$65,631,112$2,260,761,741
86$2,938,760,757$166,455,176$67,645,774$2,489,582,775
87$3,238,324,578$174,421,703$69,722,131$2,741,672,199
88$3,568,437,931$182,772,613$71,862,068$3,019,400,378
89$3,932,216,679$191,526,550$74,067,527$3,325,379,325
90$4,333,094,500$200,703,070$76,340,508$3,662,487,337
91$4,774,855,297$210,322,679$78,683,073$4,033,896,155
92$5,261,668,928$220,406,881$81,097,347$4,443,100,883
93$5,798,130,568$230,978,228$83,585,518$4,893,952,971
94$6,389,304,096$242,060,370$86,149,842$5,390,696,551
95$7,040,769,895$253,678,110$88,792,644$5,938,008,480
96$7,758,677,545$265,857,458$91,516,318$6,541,042,478
97$8,549,803,873$278,625,692$94,323,332$7,205,477,752
98$9,421,616,934$292,011,417$97,216,230$7,937,572,593
99$10,382,346,519$306,044,634$100,197,632$8,744,223,428
100$11,441,061,849$320,756,806$103,270,237$9,633,029,905