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%18.9%
1 years$999,207$990,306$981,623$973,147$964,871$930,267
2 years$494,657$485,444$476,516$467,859$459,462$424,973
3 years$326,495$317,243$308,337$299,762$291,502$258,212
4 years$242,431$233,207$224,391$215,962$207,902$176,066
5 years$192,006$182,837$174,136$165,879$158,043$127,745
6 years$158,400$149,300$140,728$132,655$125,054$96,315
7 years$134,405$125,382$116,946$109,063$101,703$74,516
8 years$116,417$107,476$99,179$91,490$84,372$58,716
9 years$102,434$93,577$85,423$77,929$71,054$46,893
10 years$91,254$82,484$74,474$67,176$60,541$37,835
11 years$82,113$73,430$65,565$58,463$52,067$30,769
12 years$74,500$65,907$58,188$51,280$45,121$25,177
13 years$68,064$59,561$51,987$45,273$39,346$20,704
14 years$62,552$54,139$46,710$40,188$34,490$17,093
15 years$57,780$49,457$42,173$35,841$30,368$14,157
16 years$53,608$45,376$38,236$32,091$26,839$11,756
17 years$49,930$41,789$34,793$28,834$23,798$9,784
18 years$46,665$38,615$31,762$25,985$21,160$8,156
19 years$43,747$35,788$29,077$23,480$18,860$6,810
20 years$41,124$33,256$26,685$21,265$16,846$5,692
21 years$38,754$30,977$24,545$19,300$15,076$4,763
22 years$36,602$28,916$22,622$17,548$13,513$3,989
23 years$34,641$27,044$20,887$15,981$12,130$3,342
24 years$32,845$25,339$19,317$14,576$10,903$2,803
25 years$31,196$23,779$17,892$13,311$9,811$2,351
26 years$29,676$22,349$16,594$12,171$8,837$1,973
27 years$28,271$21,033$15,409$11,141$7,968$1,657
28 years$26,968$19,819$14,324$10,207$7,189$1,391
29 years$25,758$18,697$13,330$9,360$6,492$1,169
30 years$24,630$17,657$12,416$8,590$5,866$982
31 years$23,578$16,692$11,576$7,890$5,303$825
32 years$22,593$15,794$10,800$7,251$4,797$693
33 years$21,669$14,957$10,084$6,668$4,341$583
34 years$20,802$14,176$9,422$6,135$3,931$490
35 years$19,986$13,446$8,809$5,647$3,560$412
36 years$19,218$12,762$8,241$5,201$3,226$346
37 years$18,492$12,121$7,713$4,792$2,924$291
38 years$17,806$11,519$7,223$4,417$2,650$245
39 years$17,158$10,954$6,767$4,073$2,403$206
40 years$16,543$10,421$6,343$3,757$2,180$173
41 years$15,959$9,920$5,948$3,466$1,978$146
42 years$15,405$9,448$5,579$3,199$1,795$122
43 years$14,878$9,002$5,235$2,953$1,629$103
44 years$14,377$8,581$4,914$2,726$1,478$87
45 years$13,899$8,182$4,614$2,518$1,342$73
46 years$13,443$7,806$4,334$2,326$1,219$61
47 years$13,008$7,449$4,071$2,149$1,107$51
48 years$12,592$7,111$3,826$1,985$1,005$43
49 years$12,194$6,791$3,596$1,835$913$36
50 years$11,814$6,487$3,381$1,696$829$31

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 $5,829 every year, while hoping to spend $43,998 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: 37/49/14 Blend
29$12,100,000$12,100,000$12,100,000$12,100,000
30$13,340,213$12,698,913$12,511,363$13,776,576
31$14,654,101$13,274,346$12,883,680$14,665,459
32$16,100,531$13,876,501$13,266,995$15,620,300
33$17,692,976$14,506,640$13,661,630$16,650,702
34$19,446,281$15,166,087$14,067,916$17,763,447
35$21,376,805$15,856,229$14,486,195$18,965,967
36$23,502,573$16,578,518$14,916,816$20,266,409
37$25,843,448$17,334,477$15,360,142$21,673,707
38$28,421,315$18,125,702$15,816,542$23,197,659
39$31,260,293$18,953,865$16,286,400$24,849,013
40$34,386,956$19,820,718$16,770,108$26,639,564
41$37,830,590$20,728,098$17,268,071$28,582,253
42$41,623,464$21,677,928$17,780,705$30,691,288
43$45,801,137$22,672,226$18,308,438$32,982,267
44$50,402,792$23,713,105$18,851,710$35,472,316
45$55,471,610$24,802,780$19,410,975$38,180,247
46$61,055,171$25,943,573$19,986,700$41,126,719
47$67,205,906$27,137,916$20,579,362$44,334,433
48$73,981,595$28,388,360$21,189,457$47,828,329
49$81,445,906$29,697,578$21,817,492$51,635,814
50$89,668,999$31,068,370$22,463,989$55,787,012
51$98,728,189$32,503,672$23,129,485$60,315,033
52$108,708,675$34,006,563$23,814,533$65,256,279
53$119,704,342$35,580,267$24,519,702$70,650,771
54$131,818,650$37,228,164$25,245,577$76,542,515
55$145,165,608$38,953,800$25,992,759$82,979,907
56$159,870,851$40,760,887$26,761,868$90,016,173
57$176,072,827$42,653,320$27,553,540$97,709,855
58$193,924,102$44,635,179$28,368,430$106,125,356
59$213,592,800$46,710,743$29,207,212$115,333,521
60$235,264,191$48,884,495$30,070,579$125,412,298
61$259,142,439$51,161,135$30,959,244$136,447,453
62$285,452,529$53,545,593$31,873,940$148,533,360
63$314,442,392$56,043,032$32,815,422$161,773,874
64$346,385,243$58,658,867$33,784,465$176,283,293
65$381,582,160$61,398,774$34,781,868$192,187,410
66$420,364,931$64,268,704$35,808,450$209,624,687
67$463,099,178$67,274,894$36,865,057$228,747,531
68$510,187,814$70,423,884$37,952,557$249,723,714
69$562,074,845$73,722,529$39,071,842$272,737,926
70$619,249,562$77,178,015$40,223,831$297,993,500
71$682,251,157$80,797,877$41,409,469$325,714,294
72$751,673,816$84,590,014$42,629,727$356,146,783
73$828,172,327$88,562,707$43,885,604$389,562,352
74$912,468,261$92,724,636$45,178,129$426,259,825
75$1,005,356,785$97,084,905$46,508,357$466,568,256
76$1,107,714,166$101,653,054$47,877,377$510,849,996
77$1,220,506,046$106,439,089$49,286,304$559,504,080
78$1,344,796,556$111,453,498$50,736,289$612,969,956
79$1,481,758,364$116,707,279$52,228,514$671,731,590
80$1,632,683,742$122,211,960$53,764,194$736,321,996
81$1,798,996,768$127,979,630$55,344,578$807,328,223
82$1,982,266,770$134,022,964$56,970,954$885,396,850
83$2,184,223,141$140,355,250$58,644,641$971,240,041
84$2,406,771,664$146,990,420$60,366,999$1,065,642,219
85$2,652,012,507$153,943,083$62,139,426$1,169,467,418
86$2,922,260,044$161,228,555$63,963,358$1,283,667,382
87$3,220,064,711$168,862,897$65,840,274$1,409,290,496
88$3,548,237,080$176,862,948$67,771,691$1,547,491,617
89$3,909,874,392$185,246,362$69,759,173$1,699,542,916
90$4,308,389,800$194,031,654$71,804,325$1,866,845,821
91$4,747,544,588$203,238,233$73,908,798$2,050,944,175
92$5,231,483,684$212,886,454$76,074,291$2,253,538,739
93$5,764,774,788$222,997,659$78,302,548$2,476,503,171
94$6,352,451,498$233,594,226$80,595,365$2,721,901,632
95$7,000,060,827$244,699,619$82,954,586$2,992,008,190
96$7,713,715,575$256,338,444$85,382,108$3,289,328,200
97$8,500,152,036$268,536,501$87,879,882$3,616,621,864
98$9,366,793,597$281,320,842$90,449,911$3,976,930,190
99$10,321,820,817$294,719,838$93,094,257$4,373,603,599
100$11,374,248,664$308,763,233$95,815,038$4,810,333,452