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%17.1%
1 years$999,207$990,306$981,623$973,147$964,871$936,989
2 years$494,657$485,444$476,516$467,859$459,462$431,593
3 years$326,495$317,243$308,337$299,762$291,502$264,519
4 years$242,431$233,207$224,391$215,962$207,902$182,012
5 years$192,006$182,837$174,136$165,879$158,043$133,317
6 years$158,400$149,300$140,728$132,655$125,054$101,515
7 years$134,405$125,382$116,946$109,063$101,703$79,349
8 years$116,417$107,476$99,179$91,490$84,372$63,192
9 years$102,434$93,577$85,423$77,929$71,054$51,025
10 years$91,254$82,484$74,474$67,176$60,541$41,638
11 years$82,113$73,430$65,565$58,463$52,067$34,257
12 years$74,500$65,907$58,188$51,280$45,121$28,369
13 years$68,064$59,561$51,987$45,273$39,346$23,616
14 years$62,552$54,139$46,710$40,188$34,490$19,742
15 years$57,780$49,457$42,173$35,841$30,368$16,561
16 years$53,608$45,376$38,236$32,091$26,839$13,933
17 years$49,930$41,789$34,793$28,834$23,798$11,749
18 years$46,665$38,615$31,762$25,985$21,160$9,927
19 years$43,747$35,788$29,077$23,480$18,860$8,401
20 years$41,124$33,256$26,685$21,265$16,846$7,120
21 years$38,754$30,977$24,545$19,300$15,076$6,041
22 years$36,602$28,916$22,622$17,548$13,513$5,131
23 years$34,641$27,044$20,887$15,981$12,130$4,361
24 years$32,845$25,339$19,317$14,576$10,903$3,709
25 years$31,196$23,779$17,892$13,311$9,811$3,157
26 years$29,676$22,349$16,594$12,171$8,837$2,688
27 years$28,271$21,033$15,409$11,141$7,968$2,290
28 years$26,968$19,819$14,324$10,207$7,189$1,952
29 years$25,758$18,697$13,330$9,360$6,492$1,664
30 years$24,630$17,657$12,416$8,590$5,866$1,419
31 years$23,578$16,692$11,576$7,890$5,303$1,210
32 years$22,593$15,794$10,800$7,251$4,797$1,032
33 years$21,669$14,957$10,084$6,668$4,341$881
34 years$20,802$14,176$9,422$6,135$3,931$751
35 years$19,986$13,446$8,809$5,647$3,560$641
36 years$19,218$12,762$8,241$5,201$3,226$547
37 years$18,492$12,121$7,713$4,792$2,924$467
38 years$17,806$11,519$7,223$4,417$2,650$399
39 years$17,158$10,954$6,767$4,073$2,403$340
40 years$16,543$10,421$6,343$3,757$2,180$291
41 years$15,959$9,920$5,948$3,466$1,978$248
42 years$15,405$9,448$5,579$3,199$1,795$212
43 years$14,878$9,002$5,235$2,953$1,629$181
44 years$14,377$8,581$4,914$2,726$1,478$154
45 years$13,899$8,182$4,614$2,518$1,342$132
46 years$13,443$7,806$4,334$2,326$1,219$113
47 years$13,008$7,449$4,071$2,149$1,107$96
48 years$12,592$7,111$3,826$1,985$1,005$82
49 years$12,194$6,791$3,596$1,835$913$70
50 years$11,814$6,487$3,381$1,696$829$60

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 $6,556 every year, while hoping to spend $46,295 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: 54/39/7 Blend
29$12,100,000$12,100,000$12,100,000$12,100,000
30$13,340,963$12,699,663$12,512,113$14,039,170
31$14,652,483$13,272,688$12,882,011$15,085,108
32$16,096,227$13,872,241$13,262,749$16,217,198
33$17,685,633$14,499,571$13,654,641$17,448,142
34$19,435,507$15,155,990$14,058,011$18,787,313
35$21,362,165$15,842,870$14,473,191$20,245,005
36$23,483,586$16,561,650$14,900,523$21,832,530
37$25,819,580$17,313,839$15,340,359$23,562,320
38$28,391,976$18,101,017$15,793,060$25,448,037
39$31,224,829$18,924,838$16,258,999$27,504,701
40$34,344,645$19,787,038$16,738,558$29,748,821
41$37,780,630$20,689,434$17,232,132$32,198,551
42$41,564,970$21,633,932$17,740,124$34,873,852
43$45,733,130$22,622,528$18,262,951$37,796,677
44$50,324,192$23,657,314$18,801,042$40,991,167
45$55,381,220$24,740,483$19,354,837$44,483,881
46$60,951,669$25,874,331$19,924,789$48,304,029
47$67,087,833$27,061,268$20,511,364$52,483,750
48$73,847,338$28,303,815$21,115,040$57,058,402
49$81,293,683$29,604,619$21,736,311$62,066,892
50$89,496,843$30,966,451$22,375,682$67,552,031
51$98,533,930$32,392,215$23,033,676$73,560,931
52$108,489,913$33,884,956$23,710,827$80,145,443
53$119,458,431$35,447,866$24,407,686$87,362,632
54$131,542,669$37,084,288$25,124,821$95,275,313
55$144,856,331$38,797,729$25,862,813$103,952,626
56$159,524,722$40,591,862$26,622,262$113,470,682
57$175,685,919$42,470,539$27,403,783$123,913,269
58$193,492,082$44,437,796$28,208,010$135,372,633
59$213,110,890$46,497,863$29,035,593$147,950,333
60$234,727,119$48,655,176$29,887,204$161,758,190
61$258,544,389$50,914,383$30,763,529$176,919,325
62$284,787,086$53,280,358$31,665,276$193,569,311
63$313,702,480$55,758,206$32,593,174$211,857,435
64$345,563,058$58,353,284$33,547,971$231,948,096
65$380,669,097$61,071,202$34,530,435$254,022,332
66$419,351,499$63,917,845$35,541,359$278,279,521
67$461,974,911$66,899,379$36,581,554$304,939,241
68$508,941,173$70,022,269$37,651,856$334,243,324
69$560,693,105$73,293,292$38,753,126$366,458,117
70$617,718,692$76,719,554$39,886,246$401,876,983
71$680,555,688$80,308,501$41,052,124$440,823,040
72$749,796,692$84,067,943$42,251,695$483,652,196
73$826,094,746$88,006,063$43,485,918$530,756,479
74$910,169,493$92,131,442$44,755,779$582,567,719
75$1,002,813,976$96,453,078$46,062,292$639,561,592
76$1,104,902,123$100,980,400$47,406,500$702,262,091
77$1,217,396,996$105,723,296$48,789,475$771,246,437
78$1,341,359,884$110,692,133$50,212,317$847,150,503
79$1,477,960,321$115,897,776$51,676,159$930,674,784
80$1,628,487,128$121,351,621$53,182,164$1,022,590,977
81$1,794,360,576$127,065,612$54,731,528$1,123,749,231
82$1,977,145,801$133,052,273$56,325,480$1,235,086,140
83$2,178,567,573$139,324,734$57,965,283$1,357,633,544
84$2,400,526,582$145,896,763$59,652,237$1,492,528,232
85$2,645,117,381$152,782,792$61,387,674$1,641,022,632
86$2,914,648,160$159,997,954$63,172,967$1,804,496,594
87$3,211,662,535$167,558,117$65,009,525$1,984,470,366
88$3,538,963,565$175,479,917$66,898,796$2,182,618,904
89$3,899,640,211$183,780,795$68,842,267$2,400,787,631
90$4,297,096,499$192,479,040$70,841,470$2,641,009,808
91$4,735,083,658$201,593,829$72,897,975$2,905,525,676
92$5,217,735,531$211,145,267$75,013,397$3,196,803,545
93$5,749,607,606$221,154,435$77,189,397$3,517,563,040
94$6,335,720,018$231,643,439$79,427,678$3,870,800,712
95$6,981,604,948$242,635,456$81,729,993$4,259,818,259
96$7,693,358,848$254,154,788$84,098,143$4,688,253,632
97$8,477,699,996$266,226,919$86,533,977$5,160,115,304
98$9,342,031,927$278,878,569$89,039,396$5,679,820,039
99$10,294,513,319$292,137,755$91,616,352$6,252,234,511
100$11,344,135,029$306,033,856$94,266,851$6,882,721,161