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

Use the below retirement simulation to view the chances of a successful retirement.
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%12%
1 years$999,207$990,306$981,623$973,147$964,871$956,787
2 years$494,657$485,444$476,516$467,859$459,462$451,314
3 years$326,495$317,243$308,337$299,762$291,502$283,543
4 years$242,431$233,207$224,391$215,962$207,902$200,193
5 years$192,006$182,837$174,136$165,879$158,043$150,608
6 years$158,400$149,300$140,728$132,655$125,054$117,901
7 years$134,405$125,382$116,946$109,063$101,703$94,835
8 years$116,417$107,476$99,179$91,490$84,372$77,789
9 years$102,434$93,577$85,423$77,929$71,054$64,754
10 years$91,254$82,484$74,474$67,176$60,541$54,522
11 years$82,113$73,430$65,565$58,463$52,067$46,323
12 years$74,500$65,907$58,188$51,280$45,121$39,646
13 years$68,064$59,561$51,987$45,273$39,346$34,135
14 years$62,552$54,139$46,710$40,188$34,490$29,537
15 years$57,780$49,457$42,173$35,841$30,368$25,665
16 years$53,608$45,376$38,236$32,091$26,839$22,379
17 years$49,930$41,789$34,793$28,834$23,798$19,573
18 years$46,665$38,615$31,762$25,985$21,160$17,162
19 years$43,747$35,788$29,077$23,480$18,860$15,082
20 years$41,124$33,256$26,685$21,265$16,846$13,279
21 years$38,754$30,977$24,545$19,300$15,076$11,711
22 years$36,602$28,916$22,622$17,548$13,513$10,343
23 years$34,641$27,044$20,887$15,981$12,130$9,147
24 years$32,845$25,339$19,317$14,576$10,903$8,098
25 years$31,196$23,779$17,892$13,311$9,811$7,176
26 years$29,676$22,349$16,594$12,171$8,837$6,364
27 years$28,271$21,033$15,409$11,141$7,968$5,649
28 years$26,968$19,819$14,324$10,207$7,189$5,017
29 years$25,758$18,697$13,330$9,360$6,492$4,459
30 years$24,630$17,657$12,416$8,590$5,866$3,965
31 years$23,578$16,692$11,576$7,890$5,303$3,527
32 years$22,593$15,794$10,800$7,251$4,797$3,139
33 years$21,669$14,957$10,084$6,668$4,341$2,794
34 years$20,802$14,176$9,422$6,135$3,931$2,488
35 years$19,986$13,446$8,809$5,647$3,560$2,217
36 years$19,218$12,762$8,241$5,201$3,226$1,975
37 years$18,492$12,121$7,713$4,792$2,924$1,760
38 years$17,806$11,519$7,223$4,417$2,650$1,569
39 years$17,158$10,954$6,767$4,073$2,403$1,399
40 years$16,543$10,421$6,343$3,757$2,180$1,247
41 years$15,959$9,920$5,948$3,466$1,978$1,112
42 years$15,405$9,448$5,579$3,199$1,795$992
43 years$14,878$9,002$5,235$2,953$1,629$885
44 years$14,377$8,581$4,914$2,726$1,478$790
45 years$13,899$8,182$4,614$2,518$1,342$704
46 years$13,443$7,806$4,334$2,326$1,219$629
47 years$13,008$7,449$4,071$2,149$1,107$561
48 years$12,592$7,111$3,826$1,985$1,005$501
49 years$12,194$6,791$3,596$1,835$913$447
50 years$11,814$6,487$3,381$1,696$829$399

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 $5,375 every year, while hoping to spend $59,513 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: 42/31/27 Blend
29$12,100,000$12,100,000$12,100,000$12,100,000
30$13,339,744$12,698,444$12,510,894$13,794,305
31$14,637,077$13,257,347$12,866,688$14,680,413
32$16,064,743$13,841,641$13,232,406$15,633,386
33$17,635,973$14,452,508$13,608,318$16,664,297
34$19,365,347$15,091,185$13,994,701$17,780,372
35$21,268,927$15,758,968$14,391,839$18,989,548
36$23,364,415$16,457,215$14,800,022$20,300,539
37$25,671,313$17,187,346$15,219,551$21,722,919
38$28,211,112$17,950,851$15,650,731$23,267,204
39$31,007,493$18,749,290$16,093,878$24,944,949
40$34,086,548$19,584,296$16,549,314$26,768,853
41$37,477,030$20,457,580$17,017,370$28,752,872
42$41,210,621$21,370,936$17,498,385$30,912,349
43$45,322,232$22,326,240$17,992,710$33,264,150
44$49,850,334$23,325,460$18,500,700$35,826,820
45$54,837,318$24,370,657$19,022,723$38,620,751
46$60,329,895$25,463,990$19,559,154$41,668,371
47$66,379,538$26,607,719$20,110,380$44,994,347
48$73,042,969$27,804,216$20,676,796$48,625,813
49$80,382,690$29,055,961$21,258,807$52,592,618
50$88,467,577$30,365,555$21,856,830$56,927,604
51$97,373,527$31,735,725$22,471,290$61,666,902
52$107,184,175$33,169,323$23,102,627$66,850,275
53$117,991,683$34,669,343$23,751,287$72,521,475
54$129,897,611$36,238,917$24,417,731$78,728,657
55$143,013,873$37,881,329$25,102,431$85,524,819
56$157,463,795$39,600,021$25,805,869$92,968,295
57$173,383,278$41,398,598$26,528,542$101,123,296
58$190,922,080$43,280,837$27,270,956$110,060,508
59$210,245,233$45,250,699$28,033,633$119,857,745
60$231,534,593$47,312,330$28,817,107$130,600,678
61$254,990,565$49,470,078$29,621,924$142,383,627
62$280,833,989$51,728,498$30,448,644$155,310,444
63$309,308,225$54,092,363$31,297,843$169,495,480
64$340,681,453$56,566,677$32,170,109$185,064,649
65$375,249,198$59,156,682$33,066,045$202,156,607
66$413,337,129$61,867,871$33,986,270$220,924,044
67$455,304,122$64,706,003$34,931,416$241,535,114
68$501,545,657$67,677,112$35,902,133$264,175,003
69$552,497,544$70,787,521$36,899,085$289,047,664
70$608,640,042$74,043,858$37,922,953$316,377,726
71$670,502,389$77,453,070$38,974,435$346,412,596
72$738,667,799$81,022,436$40,054,244$379,424,775
73$813,778,967$84,759,588$41,163,114$415,714,414
74$896,544,137$88,672,523$42,301,793$455,612,127
75$987,743,784$92,769,622$43,471,049$499,482,090
76$1,088,237,988$97,059,672$44,671,667$547,725,459
77$1,198,974,548$101,551,881$45,904,453$600,784,133
78$1,320,997,930$106,255,901$47,170,230$659,144,901
79$1,455,459,128$111,181,849$48,469,842$723,344,016
80$1,603,626,530$116,340,330$49,804,152$793,972,228
81$1,766,897,889$121,742,460$51,174,045$871,680,336
82$1,946,813,523$127,399,890$52,580,424$957,185,301
83$2,145,070,851$133,324,833$54,024,218$1,051,276,990
84$2,363,540,421$139,530,093$55,506,372$1,154,825,592
85$2,604,283,566$146,029,089$57,027,857$1,268,789,813
86$2,869,571,865$152,835,890$58,589,665$1,394,225,882
87$3,161,908,589$159,965,242$60,192,813$1,532,297,492
88$3,484,052,331$167,432,605$61,838,338$1,684,286,749
89$3,839,043,050$175,254,184$63,527,304$1,851,606,234
90$4,230,230,770$183,446,968$65,260,798$2,035,812,301
91$4,661,307,206$192,028,767$67,039,932$2,238,619,726
92$5,136,340,614$201,018,250$68,865,843$2,461,917,850
93$5,659,814,203$210,434,990$70,739,694$2,707,788,372
94$6,236,668,453$220,299,505$72,662,675$2,978,524,948
95$6,872,347,762$230,633,308$74,636,002$3,276,654,800
96$7,572,851,843$241,458,950$76,660,918$3,604,962,516
97$8,344,792,366$252,800,073$78,738,693$3,966,516,284
98$9,195,455,376$264,681,465$80,870,628$4,364,696,803
99$10,132,870,079$277,129,112$83,058,049$4,803,229,133
100$11,165,884,648$290,170,259$85,302,314$5,286,217,799