Can I retire at age 30 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$999,207$990,306$981,623$973,147$964,871$934,733
2 years$494,657$485,444$476,516$467,859$459,462$429,368
3 years$326,495$317,243$308,337$299,762$291,502$262,394
4 years$242,431$233,207$224,391$215,962$207,902$180,004
5 years$192,006$182,837$174,136$165,879$158,043$131,430
6 years$158,400$149,300$140,728$132,655$125,054$99,749
7 years$134,405$125,382$116,946$109,063$101,703$77,704
8 years$116,417$107,476$99,179$91,490$84,372$61,663
9 years$102,434$93,577$85,423$77,929$71,054$49,610
10 years$91,254$82,484$74,474$67,176$60,541$40,331
11 years$82,113$73,430$65,565$58,463$52,067$33,054
12 years$74,500$65,907$58,188$51,280$45,121$27,264
13 years$68,064$59,561$51,987$45,273$39,346$22,604
14 years$62,552$54,139$46,710$40,188$34,490$18,818
15 years$57,780$49,457$42,173$35,841$30,368$15,719
16 years$53,608$45,376$38,236$32,091$26,839$13,167
17 years$49,930$41,789$34,793$28,834$23,798$11,055
18 years$46,665$38,615$31,762$25,985$21,160$9,299
19 years$43,747$35,788$29,077$23,480$18,860$7,834
20 years$41,124$33,256$26,685$21,265$16,846$6,609
21 years$38,754$30,977$24,545$19,300$15,076$5,582
22 years$36,602$28,916$22,622$17,548$13,513$4,718
23 years$34,641$27,044$20,887$15,981$12,130$3,992
24 years$32,845$25,339$19,317$14,576$10,903$3,379
25 years$31,196$23,779$17,892$13,311$9,811$2,862
26 years$29,676$22,349$16,594$12,171$8,837$2,425
27 years$28,271$21,033$15,409$11,141$7,968$2,056
28 years$26,968$19,819$14,324$10,207$7,189$1,744
29 years$25,758$18,697$13,330$9,360$6,492$1,479
30 years$24,630$17,657$12,416$8,590$5,866$1,255
31 years$23,578$16,692$11,576$7,890$5,303$1,065
32 years$22,593$15,794$10,800$7,251$4,797$904
33 years$21,669$14,957$10,084$6,668$4,341$767
34 years$20,802$14,176$9,422$6,135$3,931$652
35 years$19,986$13,446$8,809$5,647$3,560$553
36 years$19,218$12,762$8,241$5,201$3,226$470
37 years$18,492$12,121$7,713$4,792$2,924$399
38 years$17,806$11,519$7,223$4,417$2,650$339
39 years$17,158$10,954$6,767$4,073$2,403$288
40 years$16,543$10,421$6,343$3,757$2,180$244
41 years$15,959$9,920$5,948$3,466$1,978$208
42 years$15,405$9,448$5,579$3,199$1,795$176
43 years$14,878$9,002$5,235$2,953$1,629$150
44 years$14,377$8,581$4,914$2,726$1,478$127
45 years$13,899$8,182$4,614$2,518$1,342$108
46 years$13,443$7,806$4,334$2,326$1,219$92
47 years$13,008$7,449$4,071$2,149$1,107$78
48 years$12,592$7,111$3,826$1,985$1,005$66
49 years$12,194$6,791$3,596$1,835$913$56
50 years$11,814$6,487$3,381$1,696$829$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,100,000, adding $4,008 every year, while hoping to spend $26,045 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: 40/31/29 Blend
29$12,100,000$12,100,000$12,100,000$12,100,000
30$13,338,334$12,697,034$12,509,484$13,757,495
31$14,671,133$13,291,477$12,900,840$14,657,687
32$16,139,004$13,914,175$13,304,434$15,628,240
33$17,755,697$14,566,485$13,720,647$16,677,807
34$19,536,364$15,249,829$14,149,875$17,813,649
35$21,497,702$15,965,698$14,592,524$19,043,732
36$23,658,107$16,715,658$15,049,014$20,376,800
37$26,037,855$17,501,345$15,519,776$21,822,452
38$28,659,285$18,324,480$16,005,258$23,391,229
39$31,547,017$19,186,865$16,505,919$25,094,706
40$34,728,178$20,090,387$17,022,233$26,945,599
41$38,232,664$21,037,028$17,554,690$28,957,876
42$42,093,418$22,028,864$18,103,793$31,146,884
43$46,346,740$23,068,072$18,670,064$33,529,489
44$51,032,635$24,156,934$19,254,039$36,124,228
45$56,195,184$25,297,845$19,856,270$38,951,476
46$61,882,966$26,493,313$20,477,328$42,033,634
47$68,149,512$27,745,968$21,117,802$45,395,329
48$75,053,812$29,058,570$21,778,298$49,063,644
49$82,660,872$30,434,011$22,459,441$53,068,362
50$91,042,326$31,875,323$23,161,878$57,442,238
51$100,277,114$33,385,685$23,886,272$62,221,303
52$110,452,228$34,968,432$24,633,311$67,445,192
53$121,663,530$36,627,059$25,403,701$73,157,510
54$134,016,657$38,365,232$26,198,172$79,406,233
55$147,628,021$40,186,794$27,017,476$86,244,151
56$162,625,908$42,095,775$27,862,390$93,729,355
57$179,151,683$44,096,401$28,733,712$101,925,773
58$197,361,132$46,193,102$29,632,269$110,903,764
59$217,425,929$48,390,525$30,558,911$120,740,767
60$239,535,254$50,693,541$31,514,515$131,522,021
61$263,897,585$53,107,260$32,499,986$143,341,355
62$290,742,660$55,637,037$33,516,258$156,302,060
63$320,323,650$58,288,490$34,564,291$170,517,847
64$352,919,546$61,067,510$35,645,078$186,113,911
65$388,837,793$63,980,272$36,759,642$203,228,087
66$428,417,197$67,033,254$37,909,039$222,012,143
67$472,031,115$70,233,247$39,094,356$242,633,191
68$520,090,987$73,587,374$40,316,714$265,275,245
69$573,050,215$77,103,104$41,577,272$290,140,942
70$631,408,449$80,788,267$42,877,222$317,453,431
71$695,716,296$84,651,077$44,217,795$347,458,459
72$766,580,525$88,700,147$45,600,258$380,426,671
73$844,669,792$92,944,508$47,025,920$416,656,141
74$930,720,954$97,393,632$48,496,131$456,475,159
75$1,025,546,021$102,057,450$50,012,282$500,245,306
76$1,130,039,829$106,946,378$51,575,807$548,364,844
77$1,245,188,480$112,071,340$53,188,185$601,272,441
78$1,372,078,659$117,443,789$54,850,943$659,451,291
79$1,511,907,885$123,075,738$56,565,653$723,433,638
80$1,665,995,825$128,979,785$58,333,938$793,805,775
81$1,835,796,745$135,169,140$60,157,470$871,213,538
82$2,022,913,243$141,657,657$62,037,975$956,368,378
83$2,229,111,378$148,459,867$63,977,232$1,050,054,030
84$2,456,337,344$155,591,006$65,977,075$1,153,133,881
85$2,706,735,842$163,067,054$68,039,395$1,266,559,080
86$2,982,670,327$170,904,770$70,166,145$1,391,377,473
87$3,286,745,324$179,121,727$72,359,334$1,528,743,452
88$3,621,831,014$187,736,358$74,621,038$1,679,928,807
89$3,991,090,330$196,767,992$76,953,395$1,846,334,689
90$4,398,008,821$206,236,901$79,358,612$2,029,504,781
91$4,846,427,558$216,164,347$81,838,963$2,231,139,823
92$5,340,579,394$226,572,625$84,396,793$2,453,113,609
93$5,885,128,929$237,485,120$87,034,522$2,697,490,625
94$6,485,216,545$248,926,356$89,754,644$2,966,545,475
95$7,146,506,938$260,922,053$92,559,730$3,262,784,292
96$7,875,242,598$273,499,186$95,452,433$3,588,968,333
97$8,678,302,742$286,686,045$98,435,489$3,948,139,976
98$9,563,268,260$300,512,300$101,511,716$4,343,651,372
99$10,538,493,289$315,009,068$104,684,025$4,779,196,016
100$11,613,184,078$330,208,986$107,955,413$5,258,843,534