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%13.3%
1 years$990,949$982,122$973,510$965,105$956,897$943,766
2 years$490,569$481,432$472,578$463,993$455,665$442,460
3 years$323,797$314,621$305,789$297,285$289,093$276,222
4 years$240,428$231,280$222,536$214,177$206,183$193,748
5 years$190,419$181,326$172,697$164,508$156,737$144,772
6 years$157,091$148,067$139,565$131,559$124,021$112,541
7 years$133,294$124,346$115,979$108,162$100,862$89,871
8 years$115,455$106,588$98,360$90,734$83,675$73,172
9 years$101,588$92,804$84,717$77,285$70,466$60,446
10 years$90,500$81,802$73,858$66,621$60,041$50,496
11 years$81,434$72,823$65,024$57,980$51,637$42,558
12 years$73,885$65,362$57,707$50,856$44,748$36,125
13 years$67,502$59,068$51,557$44,898$39,021$30,842
14 years$62,035$53,692$46,324$39,856$34,205$26,459
15 years$57,302$49,048$41,825$35,544$30,117$22,789
16 years$53,165$45,001$37,920$31,826$26,618$19,694
17 years$49,518$41,444$34,506$28,595$23,601$17,068
18 years$46,279$38,296$31,499$25,770$20,985$14,828
19 years$43,385$35,493$28,836$23,286$18,704$12,908
20 years$40,784$32,981$26,464$21,090$16,707$11,257
21 years$38,434$30,721$24,342$19,140$14,951$9,832
22 years$36,300$28,677$22,435$17,403$13,401$8,599
23 years$34,354$26,821$20,715$15,849$12,030$7,529
24 years$32,574$25,129$19,158$14,455$10,813$6,599
25 years$30,938$23,583$17,744$13,201$9,730$5,788
26 years$29,430$22,164$16,457$12,071$8,764$5,081
27 years$28,037$20,859$15,281$11,049$7,902$4,464
28 years$26,745$19,655$14,206$10,123$7,130$3,923
29 years$25,545$18,542$13,220$9,283$6,438$3,450
30 years$24,427$17,511$12,314$8,519$5,817$3,035
31 years$23,383$16,554$11,480$7,824$5,259$2,671
32 years$22,406$15,663$10,711$7,191$4,757$2,352
33 years$21,490$14,834$10,001$6,613$4,305$2,071
34 years$20,630$14,059$9,344$6,084$3,898$1,825
35 years$19,821$13,335$8,736$5,601$3,531$1,608
36 years$19,059$12,656$8,172$5,158$3,199$1,417
37 years$18,339$12,021$7,649$4,753$2,899$1,249
38 years$17,659$11,424$7,163$4,381$2,629$1,101
39 years$17,016$10,863$6,711$4,039$2,384$971
40 years$16,406$10,335$6,290$3,725$2,162$856
41 years$15,827$9,838$5,898$3,437$1,961$755
42 years$15,278$9,370$5,533$3,172$1,780$666
43 years$14,755$8,927$5,192$2,928$1,615$587
44 years$14,258$8,510$4,873$2,704$1,466$518
45 years$13,784$8,115$4,576$2,497$1,331$457
46 years$13,332$7,741$4,298$2,307$1,209$403
47 years$12,900$7,387$4,038$2,131$1,097$356
48 years$12,488$7,052$3,794$1,969$997$314
49 years$12,094$6,735$3,567$1,820$905$277
50 years$11,716$6,433$3,353$1,682$822$244

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 $6,078 every year, while hoping to spend $36,497 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: 45/25/30 Blend
29$12,000,000$12,000,000$12,000,000$12,000,000
30$13,230,269$12,594,269$12,408,269$13,710,494
31$14,540,924$13,172,556$12,785,114$14,632,020
32$15,984,043$13,777,956$13,173,360$15,626,888
33$17,573,098$14,411,758$13,573,350$16,705,218
34$19,322,935$15,075,315$13,985,438$17,874,836
35$21,249,913$15,770,044$14,409,988$19,144,341
36$23,372,057$16,497,430$14,847,377$20,523,176
37$25,709,233$17,259,029$15,297,989$22,021,720
38$28,283,326$18,056,474$15,762,224$23,651,380
39$31,118,458$18,891,473$16,240,490$25,424,690
40$34,241,205$19,765,819$16,733,211$27,355,433
41$37,680,855$20,681,392$17,240,821$29,458,759
42$41,469,681$21,640,159$17,763,768$31,751,328
43$45,643,248$22,644,186$18,302,513$34,251,461
44$50,240,743$23,695,635$18,857,531$36,979,306
45$55,305,352$24,796,775$19,429,312$39,957,025
46$60,884,663$25,949,982$20,018,359$43,208,996
47$67,031,116$27,157,748$20,625,191$46,762,040
48$73,802,498$28,422,686$21,250,343$50,645,664
49$81,262,488$29,747,533$21,894,365$54,892,334
50$89,481,260$31,135,160$22,557,824$59,537,780
51$98,536,141$32,588,576$23,241,304$64,621,317
52$108,512,346$34,110,934$23,945,406$70,186,217
53$119,503,777$35,705,542$24,670,749$76,280,107
54$131,613,914$37,375,866$25,417,971$82,955,408
55$144,956,790$39,125,539$26,187,729$90,269,825
56$159,658,063$40,958,371$26,980,699$98,286,882
57$175,856,210$42,878,356$27,797,577$107,076,514
58$193,703,828$44,889,680$28,639,081$116,715,713
59$213,369,078$46,996,734$29,505,949$127,289,250
60$235,037,268$49,204,118$30,398,942$138,890,463
61$258,912,606$51,516,656$31,318,844$151,622,127
62$285,220,128$53,939,408$32,266,461$165,597,414
63$314,207,817$56,477,675$33,242,624$180,940,947
64$346,148,951$59,137,018$34,248,188$197,789,968
65$381,344,676$61,923,264$35,284,034$216,295,617
66$420,126,854$64,842,525$36,351,070$236,624,350
67$462,861,192$67,901,207$37,450,230$258,959,489
68$509,950,696$71,106,030$38,582,476$283,502,947
69$561,839,477$74,464,035$39,748,799$310,477,111
70$619,016,938$77,982,607$40,950,218$340,126,931
71$682,022,400$81,669,489$42,187,784$372,722,211
72$751,450,190$85,532,799$43,462,580$408,560,144
73$827,955,252$89,581,049$44,775,719$447,968,094
74$912,259,330$93,823,162$46,128,348$491,306,670
75$1,005,157,782$98,268,498$47,521,648$538,973,111
76$1,107,527,089$102,926,867$48,956,836$591,405,014
77$1,220,333,125$107,808,557$50,435,164$649,084,443
78$1,344,640,284$112,924,356$51,957,921$712,542,460
79$1,481,621,517$118,285,574$53,526,436$782,364,109
80$1,632,569,416$123,904,071$55,142,076$859,193,922
81$1,798,908,410$129,792,284$56,806,249$943,741,971
82$1,982,208,213$135,963,252$58,520,404$1,036,790,547
83$2,184,198,648$142,430,648$60,286,035$1,139,201,518
84$2,406,785,971$149,208,810$62,104,677$1,251,924,433
85$2,652,070,871$156,312,773$63,977,915$1,376,005,458
86$2,922,368,302$163,758,301$65,907,377$1,512,597,219
87$3,220,229,336$171,561,925$67,894,742$1,662,969,648
88$3,548,465,249$179,740,981$69,941,737$1,828,521,939
89$3,910,174,060$188,313,644$72,050,140$2,010,795,718
90$4,308,769,778$197,298,976$74,221,783$2,211,489,560
91$4,748,014,635$206,716,965$76,458,553$2,432,474,983
92$5,232,054,603$216,588,572$78,762,390$2,675,814,073
93$5,765,458,535$226,935,776$81,135,293$2,943,778,909
94$6,353,261,302$237,781,624$83,579,321$3,238,872,966
95$7,001,011,319$249,150,289$86,096,593$3,563,854,701
96$7,714,822,935$261,067,114$88,689,291$3,921,763,542
97$8,501,434,153$273,558,681$91,359,660$4,315,948,532
98$9,368,270,242$286,652,862$94,110,014$4,750,099,891
99$10,323,513,841$300,378,886$96,942,734$5,228,283,793
100$11,376,182,208$314,767,407$99,860,271$5,754,980,696