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%11.2%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$999,667
2 years$515,097$505,504$496,207$487,192$478,448$473,327
3 years$339,987$330,352$321,079$312,149$303,547$298,538
4 years$252,449$242,844$233,663$224,886$216,493$211,633
5 years$199,940$190,393$181,332$172,734$164,574$159,880
6 years$164,946$155,470$146,543$138,137$130,222$125,698
7 years$139,959$130,563$121,778$113,570$105,905$101,555
8 years$121,228$111,917$103,277$95,271$87,859$83,681
9 years$106,667$97,444$88,953$81,150$73,990$69,985
10 years$95,025$85,892$77,551$69,952$63,043$59,208
11 years$85,506$76,465$68,275$60,879$54,219$50,552
12 years$77,579$68,630$60,592$53,399$46,985$43,483
13 years$70,877$62,022$54,135$47,143$40,972$37,632
14 years$65,137$56,376$48,641$41,849$35,916$32,733
15 years$60,167$51,501$43,916$37,322$31,623$28,594
16 years$55,823$47,251$39,816$33,417$27,949$25,070
17 years$51,993$43,516$36,231$30,025$24,781$22,047
18 years$48,593$40,211$33,074$27,059$22,034$19,441
19 years$45,555$37,267$30,278$24,450$19,640$17,183
20 years$42,823$34,630$27,788$22,144$17,542$15,217
21 years$40,355$32,257$25,559$20,097$15,698$13,499
22 years$38,115$30,111$23,557$18,273$14,071$11,994
23 years$36,072$28,162$21,751$16,642$12,631$10,671
24 years$34,202$26,386$20,116$15,178$11,353$9,505
25 years$32,485$24,762$18,631$13,862$10,216$8,475
26 years$30,902$23,272$17,279$12,674$9,202$7,564
27 years$29,439$21,902$16,045$11,601$8,297$6,756
28 years$28,083$20,638$14,916$10,629$7,486$6,039
29 years$26,822$19,470$13,881$9,747$6,760$5,401
30 years$25,648$18,387$12,930$8,945$6,108$4,834
31 years$24,552$17,382$12,054$8,216$5,522$4,328
32 years$23,526$16,447$11,246$7,550$4,995$3,877
33 years$22,565$15,575$10,501$6,943$4,521$3,474
34 years$21,662$14,762$9,811$6,388$4,093$3,115
35 years$20,812$14,001$9,173$5,881$3,707$2,793
36 years$20,012$13,289$8,581$5,416$3,359$2,506
37 years$19,256$12,622$8,032$4,990$3,044$2,248
38 years$18,542$11,995$7,521$4,600$2,760$2,018
39 years$17,867$11,406$7,047$4,241$2,503$1,811
40 years$17,226$10,852$6,605$3,912$2,270$1,626
41 years$16,619$10,330$6,193$3,609$2,060$1,460
42 years$16,042$9,838$5,810$3,331$1,869$1,311
43 years$15,493$9,374$5,451$3,075$1,696$1,178
44 years$14,971$8,935$5,117$2,839$1,540$1,058
45 years$14,473$8,520$4,805$2,622$1,398$951
46 years$13,998$8,128$4,513$2,422$1,269$854
47 years$13,545$7,757$4,240$2,237$1,152$768
48 years$13,112$7,405$3,984$2,068$1,046$690
49 years$12,698$7,071$3,745$1,911$950$620
50 years$12,302$6,755$3,521$1,766$863$557

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 $5,620 every year, while hoping to spend $56,668 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: 41/50/9 Blend
29$12,600,000$12,600,000$12,600,000$12,600,000
30$13,890,997$13,223,197$13,027,897$14,423,185
31$15,247,584$13,810,839$13,404,037$15,383,906
32$16,740,644$14,425,377$13,790,879$16,416,939
33$18,384,037$15,068,068$14,188,721$17,533,689
34$20,193,036$15,740,230$14,597,869$18,741,777
35$22,184,468$16,443,243$15,018,640$20,049,558
36$24,376,875$17,178,554$15,451,356$21,466,201
37$26,790,690$17,947,677$15,896,351$23,001,761
38$29,448,427$18,752,199$16,353,965$24,667,275
39$32,374,893$19,593,784$16,824,549$26,474,857
40$35,597,425$20,474,172$17,308,464$28,437,805
41$39,146,144$21,395,188$17,806,079$30,570,720
42$43,054,242$22,358,744$18,317,775$32,889,637
43$47,358,295$23,366,842$18,843,941$35,412,168
44$52,098,606$24,421,582$19,384,977$38,157,662
45$57,319,587$25,525,162$19,941,296$41,147,376
46$63,070,175$26,679,885$20,513,320$44,404,670
47$69,404,299$27,888,166$21,101,483$47,955,214
48$76,381,384$29,152,533$21,706,229$51,827,228
49$84,066,913$30,475,635$22,328,016$56,051,730
50$92,533,048$31,860,251$22,967,314$60,662,824
51$101,859,304$33,309,289$23,624,605$65,698,009
52$112,133,308$34,825,798$24,300,383$71,198,521
53$123,451,616$36,412,974$24,995,157$77,209,709
54$135,920,635$38,074,163$25,709,449$83,781,455
55$149,657,617$39,812,875$26,443,793$90,968,627
56$164,791,774$41,632,785$27,198,740$98,831,583
57$181,465,490$43,537,747$27,974,853$107,436,731
58$199,835,672$45,531,799$28,772,712$116,857,134
59$220,075,225$47,619,171$29,592,912$127,173,190
60$242,374,685$49,804,298$30,436,062$138,473,371
61$266,944,022$52,091,827$31,302,790$150,855,041
62$294,014,616$54,486,630$32,193,736$164,425,356
63$323,841,443$56,993,811$33,109,562$179,302,259
64$356,705,482$59,618,720$34,050,945$195,615,571
65$392,916,368$62,366,964$35,018,578$213,508,199
66$432,815,312$65,244,420$36,013,175$233,137,456
67$476,778,325$68,257,247$37,035,468$254,676,531
68$525,219,765$71,411,903$38,086,206$278,316,096
69$578,596,248$74,715,154$39,166,162$304,266,080
70$637,410,960$78,174,091$40,276,123$332,757,628
71$702,218,407$81,796,151$41,416,902$364,045,249
72$773,629,647$85,589,124$42,589,331$398,409,199
73$852,318,060$89,561,180$43,794,262$436,158,087
74$939,025,703$93,720,879$45,032,571$477,631,763
75$1,034,570,319$98,077,197$46,305,156$523,204,489
76$1,139,853,052$102,639,539$47,612,939$573,288,441
77$1,255,866,955$107,417,768$48,956,864$628,337,560
78$1,383,706,366$112,422,221$50,337,901$688,851,804
79$1,524,577,238$117,663,732$51,757,044$755,381,821
80$1,679,808,523$123,153,662$53,215,311$828,534,113
81$1,850,864,718$128,903,917$54,713,750$908,976,711
82$2,039,359,690$134,926,980$56,253,431$997,445,440
83$2,247,071,912$141,235,936$57,835,455$1,094,750,816
84$2,475,961,253$147,844,503$59,460,949$1,201,785,648
85$2,728,187,480$154,767,062$61,131,070$1,319,533,411
86$3,006,130,644$162,018,690$62,847,002$1,449,077,480
87$3,312,413,554$169,615,190$64,609,961$1,591,611,296
88$3,649,926,535$177,573,133$66,421,193$1,748,449,572
89$4,021,854,714$185,909,889$68,281,976$1,921,040,642
90$4,431,708,092$194,643,670$70,193,618$2,110,980,070
91$4,883,354,675$203,793,568$72,157,463$2,320,025,639
92$5,381,057,000$213,379,600$74,174,886$2,550,113,875
93$5,929,512,367$223,422,753$76,247,297$2,803,378,251
94$6,533,897,188$233,945,029$78,376,141$3,082,169,250
95$7,199,915,860$244,969,494$80,562,901$3,389,076,469
96$7,933,854,614$256,520,335$82,809,094$3,726,952,980
97$8,742,640,861$268,622,908$85,116,275$4,098,942,173
98$9,633,908,597$281,303,799$87,486,039$4,508,507,333
99$10,616,070,471$294,590,882$89,920,018$4,959,464,234
100$11,698,397,207$308,513,383$92,419,886$5,456,017,062