Can I retire at age 30 with 12,200,000?

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,007,465$998,491$989,735$981,190$972,845$934,246
2 years$498,745$489,456$480,454$471,726$463,260$424,851
3 years$329,194$319,865$310,886$302,239$293,911$256,901
4 years$244,435$235,135$226,245$217,746$209,620$174,290
5 years$193,593$184,348$175,575$167,250$159,350$125,791
6 years$159,709$150,534$141,891$133,751$126,088$94,321
7 years$135,516$126,419$117,912$109,964$102,543$72,557
8 years$117,379$108,364$99,999$92,246$85,069$56,833
9 years$103,281$94,350$86,129$78,573$71,641$45,112
10 years$92,008$83,165$75,089$67,731$61,042$36,168
11 years$82,791$74,037$66,107$58,946$52,498$29,222
12 years$75,116$66,452$58,669$51,704$45,493$23,752
13 years$68,627$60,053$52,416$45,647$39,671$19,399
14 years$63,069$54,586$47,096$40,520$34,776$15,903
15 years$58,257$49,866$42,522$36,137$30,619$13,078
16 years$54,051$45,751$38,552$32,357$27,061$10,782
17 years$50,343$42,135$35,081$29,072$23,994$8,907
18 years$47,051$38,934$32,024$26,200$21,335$7,370
19 years$44,109$36,084$29,317$23,674$19,016$6,106
20 years$41,464$33,531$26,906$21,441$16,986$5,065
21 years$39,074$31,233$24,748$19,459$15,200$4,206
22 years$36,905$29,155$22,809$17,693$13,625$3,494
23 years$34,927$27,268$21,060$16,113$12,230$2,905
24 years$33,116$25,548$19,477$14,696$10,993$2,417
25 years$31,453$23,976$18,040$13,421$9,892$2,011
26 years$29,921$22,533$16,731$12,272$8,910$1,675
27 years$28,504$21,206$15,536$11,233$8,033$1,395
28 years$27,191$19,983$14,443$10,292$7,249$1,162
29 years$25,971$18,851$13,440$9,438$6,545$968
30 years$24,834$17,803$12,519$8,661$5,914$807
31 years$23,772$16,830$11,671$7,955$5,347$672
32 years$22,779$15,925$10,889$7,311$4,837$560
33 years$21,848$15,081$10,167$6,723$4,377$467
34 years$20,974$14,293$9,500$6,186$3,963$389
35 years$20,152$13,557$8,882$5,694$3,590$325
36 years$19,376$12,867$8,309$5,244$3,252$271
37 years$18,645$12,221$7,777$4,832$2,948$226
38 years$17,954$11,614$7,283$4,454$2,672$188
39 years$17,299$11,044$6,823$4,106$2,423$157
40 years$16,679$10,508$6,395$3,788$2,198$131
41 years$16,091$10,002$5,997$3,495$1,994$109
42 years$15,532$9,526$5,625$3,225$1,809$91
43 years$15,001$9,076$5,278$2,977$1,642$76
44 years$14,495$8,651$4,955$2,749$1,491$63
45 years$14,013$8,250$4,652$2,539$1,353$53
46 years$13,554$7,870$4,370$2,345$1,229$44
47 years$13,115$7,511$4,105$2,166$1,116$37
48 years$12,696$7,170$3,858$2,002$1,013$31
49 years$12,295$6,847$3,626$1,850$920$26
50 years$11,911$6,540$3,409$1,710$836$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,200,000, adding $6,016 every year, while hoping to spend $39,407 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: 56/26/18 Blend
29$12,200,000$12,200,000$12,200,000$12,200,000
30$13,450,606$12,804,006$12,614,906$14,139,082
31$14,780,639$13,389,473$12,995,576$15,194,022
32$16,245,014$14,002,308$13,387,678$16,337,905
33$17,857,394$14,643,809$13,791,554$17,583,136
34$19,632,831$15,315,338$14,207,554$18,939,441
35$21,587,913$16,018,323$14,636,040$20,417,515
36$23,740,918$16,754,259$15,077,386$22,029,114
37$26,111,988$17,524,714$15,531,974$23,787,166
38$28,723,315$18,331,330$16,000,200$25,705,890
39$31,599,357$19,175,829$16,482,471$27,800,923
40$34,767,063$20,060,016$16,979,205$30,089,467
41$38,256,129$20,985,782$17,490,833$32,590,443
42$42,099,278$21,955,109$18,017,800$35,324,670
43$46,332,571$22,970,076$18,560,563$38,315,053
44$50,995,744$24,032,860$19,119,592$41,586,795
45$56,132,583$25,145,744$19,695,372$45,167,632
46$61,791,341$26,311,120$20,288,402$49,088,086
47$68,025,190$27,531,497$20,899,195$53,381,749
48$74,892,721$28,809,503$21,528,281$58,085,597
49$82,458,504$30,147,893$22,176,203$63,240,328
50$90,793,688$31,549,556$22,843,522$68,890,743
51$99,976,679$33,017,520$23,530,815$75,086,161
52$110,093,880$34,554,958$24,238,677$81,880,879
53$121,240,502$36,165,197$24,967,720$89,334,675
54$133,521,467$37,851,726$25,718,572$97,513,367
55$147,052,395$39,618,198$26,491,882$106,489,424
56$161,960,697$41,468,448$27,288,318$116,342,645
57$178,386,778$43,406,492$28,108,566$127,160,898
58$196,485,361$45,436,542$28,953,335$139,040,949
59$216,426,948$47,563,013$29,823,352$152,089,356
60$238,399,430$49,790,533$30,719,368$166,423,472
61$262,609,859$52,123,956$31,642,153$182,172,541
62$289,286,402$54,568,367$32,592,502$199,478,906
63$318,680,498$57,129,100$33,571,234$218,499,341
64$351,069,229$59,811,746$34,579,191$239,406,520
65$386,757,934$62,622,166$35,617,238$262,390,635
66$426,083,097$65,566,506$36,686,269$287,661,178
67$469,415,516$68,651,207$37,787,202$315,448,905
68$517,163,807$71,883,025$38,920,982$346,008,000
69$569,778,264$75,269,042$40,088,583$379,618,460
70$627,755,103$78,816,681$41,291,007$416,588,722
71$691,641,152$82,533,727$42,529,284$457,258,561
72$762,039,012$86,428,342$43,804,478$502,002,277
73$839,612,743$90,509,083$45,117,680$551,232,211
74$925,094,136$94,784,921$46,470,015$605,402,624
75$1,019,289,619$99,265,264$47,862,642$665,013,960
76$1,123,087,872$103,959,973$49,296,752$730,617,553
77$1,237,468,214$108,879,391$50,773,572$802,820,809
78$1,363,509,850$114,034,359$52,294,365$882,292,920
79$1,502,402,060$119,436,247$53,860,431$969,771,157
80$1,655,455,422$125,096,976$55,473,108$1,066,067,805
81$1,824,114,190$131,029,043$57,133,772$1,172,077,808
82$2,009,969,925$137,245,554$58,843,841$1,288,787,187
83$2,214,776,523$143,760,251$60,604,775$1,417,282,327
84$2,440,466,767$150,587,542$62,418,074$1,558,760,197
85$2,689,170,582$157,742,537$64,285,284$1,714,539,625
86$2,963,235,137$165,241,076$66,207,997$1,886,073,712
87$3,265,247,005$173,099,773$68,187,849$2,074,963,520
88$3,598,056,583$181,336,045$70,226,525$2,282,973,152
89$3,964,805,001$189,968,158$72,325,760$2,512,046,365
90$4,368,953,776$199,015,263$74,487,338$2,764,324,889
91$4,814,317,495$208,497,444$76,713,098$3,042,168,600
92$5,305,099,822$218,435,761$79,004,929$3,348,177,760
93$5,845,933,187$228,852,297$81,364,777$3,685,217,520
94$6,441,922,521$239,770,208$83,794,646$4,056,444,923
95$7,098,693,447$251,213,778$86,296,596$4,465,338,661
96$7,822,445,395$263,208,470$88,872,748$4,915,731,867
97$8,620,010,126$275,780,986$91,525,286$5,411,848,246
98$9,498,916,232$288,959,327$94,256,456$5,958,341,898
99$10,467,460,210$302,772,856$97,068,570$6,560,341,198
100$11,534,784,792$317,252,366$99,964,007$7,223,497,150