Can I retire at age 30 with 12,600,000?

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 $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$982,048
2 years$515,097$505,504$496,207$487,192$478,448$455,707
3 years$339,987$330,352$321,079$312,149$303,547$281,468
4 years$252,449$242,844$233,663$224,886$216,493$195,245
5 years$199,940$190,393$181,332$172,734$164,574$144,219
6 years$164,946$155,470$146,543$138,137$130,222$110,779
7 years$139,959$130,563$121,778$113,570$105,905$87,379
8 years$121,228$111,917$103,277$95,271$87,859$70,242
9 years$106,667$97,444$88,953$81,150$73,990$57,269
10 years$95,025$85,892$77,551$69,952$63,043$47,200
11 years$85,506$76,465$68,275$60,879$54,219$39,233
12 years$77,579$68,630$60,592$53,399$46,985$32,833
13 years$70,877$62,022$54,135$47,143$40,972$27,627
14 years$65,137$56,376$48,641$41,849$35,916$23,351
15 years$60,167$51,501$43,916$37,322$31,623$19,809
16 years$55,823$47,251$39,816$33,417$27,949$16,856
17 years$51,993$43,516$36,231$30,025$24,781$14,381
18 years$48,593$40,211$33,074$27,059$22,034$12,295
19 years$45,555$37,267$30,278$24,450$19,640$10,531
20 years$42,823$34,630$27,788$22,144$17,542$9,034
21 years$40,355$32,257$25,559$20,097$15,698$7,760
22 years$38,115$30,111$23,557$18,273$14,071$6,673
23 years$36,072$28,162$21,751$16,642$12,631$5,743
24 years$34,202$26,386$20,116$15,178$11,353$4,948
25 years$32,485$24,762$18,631$13,862$10,216$4,265
26 years$30,902$23,272$17,279$12,674$9,202$3,679
27 years$29,439$21,902$16,045$11,601$8,297$3,175
28 years$28,083$20,638$14,916$10,629$7,486$2,741
29 years$26,822$19,470$13,881$9,747$6,760$2,367
30 years$25,648$18,387$12,930$8,945$6,108$2,046
31 years$24,552$17,382$12,054$8,216$5,522$1,768
32 years$23,526$16,447$11,246$7,550$4,995$1,528
33 years$22,565$15,575$10,501$6,943$4,521$1,321
34 years$21,662$14,762$9,811$6,388$4,093$1,143
35 years$20,812$14,001$9,173$5,881$3,707$988
36 years$20,012$13,289$8,581$5,416$3,359$855
37 years$19,256$12,622$8,032$4,990$3,044$740
38 years$18,542$11,995$7,521$4,600$2,760$640
39 years$17,867$11,406$7,047$4,241$2,503$554
40 years$17,226$10,852$6,605$3,912$2,270$479
41 years$16,619$10,330$6,193$3,609$2,060$415
42 years$16,042$9,838$5,810$3,331$1,869$359
43 years$15,493$9,374$5,451$3,075$1,696$311
44 years$14,971$8,935$5,117$2,839$1,540$269
45 years$14,473$8,520$4,805$2,622$1,398$233
46 years$13,998$8,128$4,513$2,422$1,269$201
47 years$13,545$7,757$4,240$2,237$1,152$174
48 years$13,112$7,405$3,984$2,068$1,046$151
49 years$12,698$7,071$3,745$1,911$950$131
50 years$12,302$6,755$3,521$1,766$863$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,600,000, adding $4,455 every year, while hoping to spend $36,118 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: 73/15/12 Blend
29$12,600,000$12,600,000$12,600,000$12,600,000
30$13,889,795$13,221,995$13,026,695$14,869,442
31$15,268,125$13,831,444$13,424,660$16,127,198
32$16,785,834$14,469,545$13,834,747$17,499,503
33$18,457,101$15,137,664$14,257,322$19,001,613
34$20,297,549$15,837,233$14,692,766$20,646,371
35$22,324,394$16,569,753$15,141,469$22,447,911
36$24,556,606$17,336,795$15,603,833$24,421,791
37$27,015,091$18,140,009$16,080,272$26,585,139
38$29,722,883$18,981,122$16,571,214$28,956,811
39$32,705,366$19,861,946$17,077,099$31,557,565
40$35,990,511$20,784,379$17,598,379$34,410,260
41$39,609,141$21,750,411$18,135,522$37,540,062
42$43,595,220$22,762,128$18,689,008$40,974,681
43$47,986,176$23,821,716$19,259,334$44,744,634
44$52,823,253$24,931,467$19,847,009$48,883,523
45$58,151,901$26,093,785$20,452,560$53,428,354
46$64,022,202$27,311,188$21,076,528$58,419,879
47$70,489,346$28,586,315$21,719,471$63,902,983
48$77,614,151$29,921,936$22,381,964$69,927,096
49$85,463,634$31,320,951$23,064,601$76,546,663
50$94,111,650$32,786,403$23,767,990$83,821,650
51$103,639,581$34,321,479$24,492,760$91,818,107
52$114,137,110$35,929,523$25,239,559$100,608,787
53$125,703,065$37,614,040$26,009,054$110,273,826
54$138,446,353$39,378,703$26,801,933$120,901,499
55$152,486,985$41,227,364$27,618,902$132,589,046
56$167,957,214$43,164,061$28,460,692$145,443,583
57$185,002,778$45,193,028$29,328,053$159,583,111
58$203,784,278$47,318,703$30,221,759$175,137,621
59$224,478,695$49,545,740$31,142,608$192,250,319
60$247,281,057$51,879,016$32,091,421$211,078,968
61$272,406,284$54,323,648$33,069,043$231,797,371
62$300,091,215$56,884,997$34,076,346$254,597,008
63$330,596,843$59,568,686$35,114,228$279,688,834
64$364,210,780$62,380,610$36,183,613$307,305,263
65$401,249,969$65,326,949$37,285,453$337,702,355
66$442,063,681$68,414,185$38,420,731$371,162,226
67$487,036,807$71,649,110$39,590,456$407,995,699
68$536,593,495$75,038,850$40,795,670$448,545,236
69$591,201,151$78,590,874$42,037,445$493,188,154
70$651,374,855$82,313,013$43,316,886$542,340,185
71$717,682,219$86,213,479$44,635,130$596,459,382
72$790,748,748$90,300,883$45,993,350$656,050,441
73$871,263,746$94,584,252$47,392,753$721,669,449
74$959,986,821$99,073,053$48,834,583$793,929,124
75$1,057,755,056$103,777,212$50,320,121$873,504,588
76$1,165,490,912$108,707,136$51,850,685$961,139,726
77$1,284,210,938$113,873,739$53,427,637$1,057,654,197
78$1,415,035,366$119,288,464$55,052,374$1,163,951,155
79$1,559,198,685$124,963,310$56,726,340$1,281,025,767
80$1,718,061,298$130,910,859$58,451,020$1,409,974,587
81$1,893,122,365$137,144,306$60,227,944$1,552,005,895
82$2,086,033,953$143,677,484$62,058,687$1,708,451,085
83$2,298,616,636$150,524,900$63,944,873$1,880,777,222
84$2,532,876,680$157,701,768$65,888,173$2,070,600,866
85$2,791,024,985$165,224,038$67,890,310$2,279,703,323
86$3,075,497,956$173,108,438$69,953,058$2,510,047,436
87$3,388,980,505$181,372,509$72,078,243$2,763,796,097
88$3,734,431,399$190,034,645$74,267,747$3,043,332,643
89$4,115,111,194$199,114,134$76,523,508$3,351,283,336
90$4,534,613,013$208,631,204$78,847,523$3,690,542,132
91$4,996,896,472$218,607,065$81,241,847$4,064,297,978
92$5,506,325,062$229,063,961$83,708,599$4,476,064,888
93$6,067,707,340$240,025,217$86,249,959$4,929,715,098
94$6,686,342,330$251,515,294$88,868,174$5,429,515,587
95$7,368,069,548$263,559,843$91,565,557$5,980,168,337
96$8,119,324,131$276,185,764$94,344,492$6,586,854,687
97$8,947,197,593$289,421,268$97,207,434$7,255,284,221
98$9,859,504,774$303,295,936$100,156,909$7,991,748,633
99$10,864,857,618$317,840,794$103,195,523$8,803,181,094
100$11,972,746,478$333,088,376$106,325,955$9,697,221,666