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%19.1%
1 years$990,949$982,122$973,510$965,105$956,897$921,846
2 years$490,569$481,432$472,578$463,993$455,665$420,742
3 years$323,797$314,621$305,789$297,285$289,093$255,396
4 years$240,428$231,280$222,536$214,177$206,183$173,970
5 years$190,419$181,326$172,697$164,508$156,737$126,091
6 years$157,091$148,067$139,565$131,559$124,021$94,963
7 years$133,294$124,346$115,979$108,162$100,862$73,387
8 years$115,455$106,588$98,360$90,734$83,675$57,757
9 years$101,588$92,804$84,717$77,285$70,466$46,071
10 years$90,500$81,802$73,858$66,621$60,041$37,125
11 years$81,434$72,823$65,024$57,980$51,637$30,152
12 years$73,885$65,362$57,707$50,856$44,748$24,640
13 years$67,502$59,068$51,557$44,898$39,021$20,234
14 years$62,035$53,692$46,324$39,856$34,205$16,682
15 years$57,302$49,048$41,825$35,544$30,117$13,797
16 years$53,165$45,001$37,920$31,826$26,618$11,440
17 years$49,518$41,444$34,506$28,595$23,601$9,507
18 years$46,279$38,296$31,499$25,770$20,985$7,914
19 years$43,385$35,493$28,836$23,286$18,704$6,597
20 years$40,784$32,981$26,464$21,090$16,707$5,506
21 years$38,434$30,721$24,342$19,140$14,951$4,600
22 years$36,300$28,677$22,435$17,403$13,401$3,846
23 years$34,354$26,821$20,715$15,849$12,030$3,218
24 years$32,574$25,129$19,158$14,455$10,813$2,694
25 years$30,938$23,583$17,744$13,201$9,730$2,256
26 years$29,430$22,164$16,457$12,071$8,764$1,891
27 years$28,037$20,859$15,281$11,049$7,902$1,585
28 years$26,745$19,655$14,206$10,123$7,130$1,329
29 years$25,545$18,542$13,220$9,283$6,438$1,114
30 years$24,427$17,511$12,314$8,519$5,817$935
31 years$23,383$16,554$11,480$7,824$5,259$784
32 years$22,406$15,663$10,711$7,191$4,757$658
33 years$21,490$14,834$10,001$6,613$4,305$552
34 years$20,630$14,059$9,344$6,084$3,898$463
35 years$19,821$13,335$8,736$5,601$3,531$389
36 years$19,059$12,656$8,172$5,158$3,199$326
37 years$18,339$12,021$7,649$4,753$2,899$274
38 years$17,659$11,424$7,163$4,381$2,629$230
39 years$17,016$10,863$6,711$4,039$2,384$193
40 years$16,406$10,335$6,290$3,725$2,162$162
41 years$15,827$9,838$5,898$3,437$1,961$136
42 years$15,278$9,370$5,533$3,172$1,780$114
43 years$14,755$8,927$5,192$2,928$1,615$96
44 years$14,258$8,510$4,873$2,704$1,466$80
45 years$13,784$8,115$4,576$2,497$1,331$68
46 years$13,332$7,741$4,298$2,307$1,209$57
47 years$12,900$7,387$4,038$2,131$1,097$48
48 years$12,488$7,052$3,794$1,969$997$40
49 years$12,094$6,735$3,567$1,820$905$34
50 years$11,716$6,433$3,353$1,682$822$28

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 $2,222 every year, while hoping to spend $22,864 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: 50/42/8 Blend
29$12,000,000$12,000,000$12,000,000$12,000,000
30$13,226,292$12,590,292$12,404,292$13,860,134
31$14,551,047$13,182,889$12,795,509$14,885,483
32$16,010,160$13,803,757$13,199,065$15,996,420
33$17,617,312$14,454,258$13,615,350$17,203,035
34$19,387,579$15,135,817$14,044,765$18,514,298
35$21,337,572$15,849,932$14,487,724$19,940,055
36$23,485,597$16,598,171$14,944,655$21,491,119
37$25,851,825$17,382,178$15,415,998$23,179,366
38$28,458,485$18,203,680$15,902,209$25,017,842
39$31,330,073$19,064,482$16,403,755$27,020,878
40$34,493,581$19,966,482$16,921,121$29,204,222
41$37,978,753$20,911,667$17,454,806$31,585,182
42$41,818,368$21,902,121$18,005,324$34,182,778
43$46,048,546$22,940,029$18,573,206$37,017,920
44$50,709,090$24,027,683$19,159,001$40,113,595
45$55,843,863$25,167,485$19,763,274$43,495,075
46$61,501,200$26,361,954$20,386,606$47,190,152
47$67,734,365$27,613,733$21,029,600$51,229,388
48$74,602,054$28,925,589$21,692,875$55,646,395
49$82,168,949$30,300,429$22,377,072$60,478,147
50$90,506,328$31,741,296$23,082,850$65,765,313
51$99,692,738$33,251,384$23,810,891$71,552,637
52$109,814,737$34,834,042$24,561,895$77,889,345
53$120,967,711$36,492,781$25,336,589$84,829,601
54$133,256,771$38,231,281$26,135,719$92,433,007
55$146,797,752$40,053,404$26,960,056$100,765,151
56$161,718,300$41,963,198$27,810,395$109,898,215
57$178,159,080$43,964,908$28,687,556$119,911,646
58$196,275,103$46,062,985$29,592,387$130,892,884
59$216,237,190$48,262,098$30,525,758$142,938,182
60$238,233,584$50,567,141$31,488,571$156,153,492
61$262,471,726$52,983,248$32,481,755$170,655,453
62$289,180,216$55,515,801$33,506,268$186,572,474
63$318,610,968$58,170,445$34,563,097$204,045,928
64$351,041,588$60,953,098$35,653,263$223,231,470
65$386,778,000$63,869,970$36,777,817$244,300,485
66$426,157,326$66,927,568$37,937,844$267,441,685
67$469,551,074$70,132,720$39,134,462$292,862,871
68$517,368,644$73,492,584$40,368,827$320,792,872
69$570,061,193$77,014,667$41,642,130$351,483,681
70$628,125,890$80,706,842$42,955,597$385,212,810
71$692,110,619$84,577,365$44,310,497$422,285,885
72$762,619,140$88,634,894$45,708,137$463,039,499
73$840,316,797$92,888,509$47,149,865$507,844,371
74$925,936,797$97,347,732$48,637,071$557,108,807
75$1,020,287,128$102,022,549$50,171,191$611,282,527
76$1,124,258,194$106,923,432$51,753,705$670,860,881
77$1,238,831,214$112,061,365$53,386,138$736,389,485
78$1,365,087,491$117,447,865$55,070,067$808,469,342
79$1,504,218,616$123,095,012$56,807,116$887,762,475
80$1,657,537,721$129,015,473$58,598,959$974,998,140
81$1,826,491,871$135,222,534$60,447,328$1,070,979,667
82$2,012,675,732$141,730,128$62,354,003$1,176,592,003
83$2,217,846,620$148,552,867$64,320,825$1,292,810,018
84$2,443,941,094$155,706,077$66,349,692$1,420,707,667
85$2,693,093,240$163,205,828$68,442,561$1,561,468,072
86$2,967,654,814$171,068,978$70,601,450$1,716,394,647
87$3,270,217,450$179,313,202$72,828,443$1,886,923,341
88$3,603,637,122$187,957,042$75,125,689$2,074,636,142
89$3,971,061,113$197,019,941$77,495,403$2,281,275,954
90$4,375,957,719$206,522,291$79,939,873$2,508,762,983
91$4,822,149,004$216,485,481$82,461,455$2,759,212,802
92$5,313,846,873$226,931,940$85,062,585$3,034,956,256
93$5,855,692,842$237,885,193$87,745,770$3,338,561,393
94$6,452,801,859$249,369,915$90,513,600$3,672,857,633
95$7,110,810,588$261,411,980$93,368,745$4,040,962,401
96$7,835,930,630$274,038,529$96,313,960$4,446,310,473
97$8,635,007,164$287,278,026$99,352,087$4,892,686,320
98$9,515,583,569$301,160,324$102,486,056$5,384,259,740
99$10,485,972,647$315,716,733$105,718,893$5,925,625,130
100$11,555,335,096$330,980,093$109,053,715$6,521,844,763