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%11.1%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$1,000,087
2 years$515,097$505,504$496,207$487,192$478,448$473,751
3 years$339,987$330,352$321,079$312,149$303,547$298,951
4 years$252,449$242,844$233,663$224,886$216,493$212,033
5 years$199,940$190,393$181,332$172,734$164,574$160,265
6 years$164,946$155,470$146,543$138,137$130,222$126,069
7 years$139,959$130,563$121,778$113,570$105,905$101,910
8 years$121,228$111,917$103,277$95,271$87,859$84,022
9 years$106,667$97,444$88,953$81,150$73,990$70,310
10 years$95,025$85,892$77,551$69,952$63,043$59,519
11 years$85,506$76,465$68,275$60,879$54,219$50,849
12 years$77,579$68,630$60,592$53,399$46,985$43,766
13 years$70,877$62,022$54,135$47,143$40,972$37,900
14 years$65,137$56,376$48,641$41,849$35,916$32,988
15 years$60,167$51,501$43,916$37,322$31,623$28,836
16 years$55,823$47,251$39,816$33,417$27,949$25,299
17 years$51,993$43,516$36,231$30,025$24,781$22,264
18 years$48,593$40,211$33,074$27,059$22,034$19,646
19 years$45,555$37,267$30,278$24,450$19,640$17,376
20 years$42,823$34,630$27,788$22,144$17,542$15,399
21 years$40,355$32,257$25,559$20,097$15,698$13,671
22 years$38,115$30,111$23,557$18,273$14,071$12,156
23 years$36,072$28,162$21,751$16,642$12,631$10,823
24 years$34,202$26,386$20,116$15,178$11,353$9,648
25 years$32,485$24,762$18,631$13,862$10,216$8,609
26 years$30,902$23,272$17,279$12,674$9,202$7,689
27 years$29,439$21,902$16,045$11,601$8,297$6,873
28 years$28,083$20,638$14,916$10,629$7,486$6,149
29 years$26,822$19,470$13,881$9,747$6,760$5,504
30 years$25,648$18,387$12,930$8,945$6,108$4,930
31 years$24,552$17,382$12,054$8,216$5,522$4,417
32 years$23,526$16,447$11,246$7,550$4,995$3,960
33 years$22,565$15,575$10,501$6,943$4,521$3,552
34 years$21,662$14,762$9,811$6,388$4,093$3,187
35 years$20,812$14,001$9,173$5,881$3,707$2,860
36 years$20,012$13,289$8,581$5,416$3,359$2,568
37 years$19,256$12,622$8,032$4,990$3,044$2,306
38 years$18,542$11,995$7,521$4,600$2,760$2,071
39 years$17,867$11,406$7,047$4,241$2,503$1,861
40 years$17,226$10,852$6,605$3,912$2,270$1,672
41 years$16,619$10,330$6,193$3,609$2,060$1,503
42 years$16,042$9,838$5,810$3,331$1,869$1,351
43 years$15,493$9,374$5,451$3,075$1,696$1,214
44 years$14,971$8,935$5,117$2,839$1,540$1,092
45 years$14,473$8,520$4,805$2,622$1,398$982
46 years$13,998$8,128$4,513$2,422$1,269$883
47 years$13,545$7,757$4,240$2,237$1,152$794
48 years$13,112$7,405$3,984$2,068$1,046$714
49 years$12,698$7,071$3,745$1,911$950$643
50 years$12,302$6,755$3,521$1,766$863$578

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 $3,624 every year, while hoping to spend $27,641 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: 31/49/20 Blend
29$12,600,000$12,600,000$12,600,000$12,600,000
30$13,888,938$13,221,138$13,025,838$14,232,744
31$15,276,200$13,839,564$13,432,794$15,110,721
32$16,804,036$14,487,367$13,852,456$16,052,440
33$18,486,756$15,165,956$14,285,222$17,065,604
34$20,340,128$15,876,810$14,731,499$18,156,446
35$22,381,527$16,621,479$15,191,710$19,331,785
36$24,630,099$17,401,589$15,666,289$20,599,088
37$27,106,945$18,218,842$16,155,685$21,966,530
38$29,835,312$19,075,025$16,660,360$23,443,067
39$32,840,822$19,972,009$17,180,790$25,038,513
40$36,151,707$20,911,758$17,717,468$26,763,623
41$39,799,078$21,896,331$18,270,899$28,630,188
42$43,817,216$22,927,884$18,841,608$30,651,138
43$48,243,903$24,008,680$19,430,131$32,840,652
44$53,120,766$25,141,092$20,037,027$35,214,286
45$58,493,684$26,327,605$20,662,866$37,789,109
46$64,413,209$27,570,826$21,308,242$40,583,854
47$70,935,051$28,873,491$21,973,762$43,619,083
48$78,120,598$30,238,465$22,660,055$46,917,371
49$86,037,502$31,668,752$23,367,770$50,503,509
50$94,760,311$33,167,505$24,097,574$54,404,720
51$104,371,177$34,738,027$24,850,157$58,650,911
52$114,960,628$36,383,781$25,626,229$63,274,935
53$126,628,427$38,108,401$26,426,522$68,312,891
54$139,484,508$39,915,694$27,251,792$73,804,450
55$153,650,019$41,809,654$28,102,818$79,793,211
56$169,258,461$43,794,468$28,980,403$86,327,100
57$186,456,954$45,874,527$29,885,376$93,458,803
58$205,407,617$48,054,433$30,818,590$101,246,247
59$226,289,109$50,339,014$31,780,927$109,753,128
60$249,298,304$52,733,332$32,773,295$119,049,493
61$274,652,160$55,242,694$33,796,629$129,212,380
62$302,589,761$57,872,667$34,851,896$140,326,525
63$333,374,573$60,629,084$35,940,092$152,485,140
64$367,296,938$63,518,067$37,062,243$165,790,769
65$404,676,805$66,546,033$38,219,408$180,356,230
66$445,866,760$69,719,709$39,412,679$196,305,658
67$491,255,347$73,046,152$40,643,181$213,775,649
68$541,270,741$76,532,762$41,912,076$232,916,516
69$596,384,786$80,187,297$43,220,560$253,893,690
70$657,117,453$84,017,894$44,569,868$276,889,238
71$724,041,748$88,033,084$45,961,273$302,103,561
72$797,789,117$92,241,816$47,396,086$329,757,243
73$879,055,413$96,653,472$48,875,662$360,093,104
74$968,607,464$101,277,891$50,401,395$393,378,455
75$1,067,290,309$106,125,391$51,974,725$429,907,578
76$1,176,035,177$111,206,792$53,597,136$470,004,470
77$1,295,868,282$116,533,442$55,270,156$514,025,853
78$1,427,920,505$122,117,239$56,995,365$562,364,502
79$1,573,438,076$127,970,662$58,774,389$615,452,904
80$1,733,794,333$134,106,798$60,608,904$673,767,295
81$1,910,502,694$140,539,370$62,500,642$737,832,097
82$2,105,230,940$147,282,771$64,451,384$808,224,827
83$2,319,816,962$154,352,093$66,462,972$885,581,482
84$2,556,286,111$161,763,164$68,537,300$970,602,490
85$2,816,870,319$169,532,584$70,676,324$1,064,059,262
86$3,104,029,172$177,677,761$72,882,061$1,166,801,406
87$3,420,473,127$186,216,951$75,156,590$1,279,764,682
88$3,769,189,104$195,169,300$77,502,055$1,403,979,767
89$4,153,468,685$204,554,887$79,920,665$1,540,581,908
90$4,576,939,184$214,394,770$82,414,701$1,690,821,564
91$5,043,597,901$224,711,034$84,986,514$1,856,076,131
92$5,557,849,851$235,526,838$87,638,526$2,037,862,856
93$6,124,549,355$246,866,473$90,373,236$2,237,853,074
94$6,749,045,873$258,755,414$93,193,223$2,457,887,895
95$7,437,234,498$271,220,375$96,101,142$2,699,995,482
96$8,195,611,620$284,289,377$99,099,733$2,966,410,101
97$9,031,336,254$297,991,805$102,191,823$3,259,593,104
98$9,952,297,626$312,358,477$105,380,323$3,582,256,051
99$10,967,189,657$327,421,717$108,668,238$3,937,386,196
100$12,085,593,043$343,215,421$112,058,664$4,328,274,560