Can I retire at age 30 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$975,233
2 years$519,185$509,516$500,145$491,059$482,246$444,906
3 years$342,685$332,974$323,627$314,626$305,956$269,933
4 years$254,453$244,771$235,517$226,670$218,211$183,780
5 years$201,527$191,904$182,771$174,105$165,880$133,131
6 years$166,255$156,704$147,706$139,233$131,255$100,210
7 years$141,070$131,600$122,745$114,471$106,746$77,397
8 years$122,190$112,805$104,097$96,027$88,556$60,877
9 years$107,513$98,217$89,659$81,794$74,577$48,530
10 years$95,779$86,574$78,167$70,507$63,543$39,082
11 years$86,184$77,071$68,817$61,362$54,649$31,720
12 years$78,195$69,175$61,073$53,823$47,358$25,904
13 years$71,439$62,514$54,565$47,517$41,297$21,258
14 years$65,654$56,824$49,027$42,181$36,201$17,514
15 years$60,645$51,909$44,264$37,618$31,874$14,474
16 years$56,266$47,626$40,132$33,683$28,170$11,994
17 years$52,406$43,862$36,519$30,264$24,978$9,959
18 years$48,979$40,530$33,337$27,274$22,209$8,284
19 years$45,916$37,563$30,518$24,644$19,795$6,900
20 years$43,163$34,905$28,008$22,320$17,682$5,755
21 years$40,676$32,513$25,762$20,257$15,823$4,804
22 years$38,417$30,350$23,744$18,418$14,183$4,014
23 years$36,358$28,385$21,923$16,774$12,732$3,356
24 years$34,474$26,595$20,275$15,299$11,443$2,807
25 years$32,743$24,958$18,779$13,972$10,297$2,349
26 years$31,147$23,457$17,417$12,775$9,276$1,967
27 years$29,672$22,076$16,173$11,693$8,363$1,647
28 years$28,306$20,802$15,035$10,713$7,546$1,380
29 years$27,035$19,624$13,991$9,824$6,814$1,156
30 years$25,852$18,533$13,032$9,016$6,157$969
31 years$24,747$17,520$12,150$8,281$5,566$812
32 years$23,713$16,577$11,336$7,610$5,035$681
33 years$22,744$15,699$10,584$6,998$4,557$571
34 years$21,834$14,879$9,889$6,439$4,126$479
35 years$20,977$14,112$9,246$5,927$3,737$401
36 years$20,171$13,395$8,649$5,459$3,386$337
37 years$19,409$12,722$8,095$5,030$3,068$282
38 years$18,689$12,090$7,581$4,636$2,782$237
39 years$18,008$11,497$7,103$4,275$2,523$199
40 years$17,363$10,938$6,657$3,943$2,288$167
41 years$16,751$10,412$6,242$3,638$2,076$140
42 years$16,169$9,916$5,856$3,357$1,884$117
43 years$15,616$9,448$5,495$3,099$1,710$98
44 years$15,089$9,006$5,158$2,861$1,552$82
45 years$14,588$8,588$4,843$2,643$1,409$69
46 years$14,109$8,193$4,549$2,441$1,279$58
47 years$13,653$7,818$4,273$2,255$1,161$49
48 years$13,216$7,464$4,016$2,084$1,055$41
49 years$12,799$7,127$3,775$1,926$958$34
50 years$12,400$6,808$3,549$1,780$870$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,700,000, adding $4,406 every year, while hoping to spend $37,464 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: 57/31/12 Blend
29$12,700,000$12,700,000$12,700,000$12,700,000
30$13,999,945$13,326,845$13,129,995$14,755,712
31$15,388,078$13,939,999$13,529,988$15,880,088
32$16,916,545$14,581,942$13,942,126$17,100,143
33$18,599,620$15,254,045$14,366,775$18,428,676
34$20,453,033$15,957,745$14,804,314$19,876,082
35$22,494,116$16,694,548$15,255,132$21,453,786
36$24,741,968$17,466,033$15,719,631$23,174,348
37$27,217,635$18,273,854$16,198,225$25,051,578
38$29,944,307$19,119,747$16,691,339$27,100,658
39$32,947,540$20,005,528$17,199,412$29,338,288
40$36,255,493$20,933,103$17,722,896$31,782,831
41$39,899,198$21,904,469$18,262,258$34,454,486
42$43,912,848$22,921,721$18,817,976$37,375,473
43$48,334,125$23,987,051$19,390,544$40,570,235
44$53,204,550$25,102,760$19,980,471$44,065,665
45$58,569,879$26,271,261$20,588,282$47,891,353
46$64,480,533$27,495,079$21,214,516$52,079,861
47$70,992,075$28,776,865$21,859,730$56,667,019
48$78,165,731$30,119,397$22,524,495$61,692,261
49$86,068,974$31,525,585$23,209,404$67,198,989
50$94,776,152$32,998,482$23,915,062$73,234,972
51$104,369,199$34,541,287$24,642,096$79,852,796
52$114,938,402$36,157,355$25,391,151$87,110,343
53$126,583,256$37,850,202$26,162,891$95,071,335
54$139,413,400$39,623,514$26,958,001$103,805,927
55$153,549,657$41,481,156$27,777,183$113,391,356
56$169,125,169$43,427,179$28,621,166$123,912,660
57$186,286,657$45,465,832$29,490,695$135,463,476
58$205,195,803$47,601,565$30,386,542$148,146,907
59$226,030,783$49,839,049$31,309,498$162,076,488
60$248,987,937$52,183,177$32,260,381$177,377,242
61$274,283,635$54,639,081$33,240,032$194,186,852
62$302,156,310$57,212,141$34,249,317$212,656,945
63$332,868,715$59,907,996$35,289,130$232,954,512
64$366,710,396$62,732,561$36,360,389$255,263,466
65$404,000,436$65,692,035$37,464,041$279,786,367
66$445,090,455$68,792,920$38,601,061$306,746,321
67$490,367,938$72,042,029$39,772,453$336,389,060
68$540,259,889$75,446,511$40,979,252$368,985,258
69$595,236,864$79,013,856$42,222,523$404,833,056
70$655,817,410$82,751,921$43,503,363$444,260,867
71$722,572,963$86,668,942$44,822,903$487,630,451
72$796,133,240$90,773,555$46,182,306$535,340,312
73$877,192,188$95,074,817$47,582,770$587,829,439
74$966,514,530$99,582,221$49,025,531$645,581,425
75$1,064,942,985$104,305,723$50,511,860$709,129,014
76$1,173,406,228$109,255,762$52,043,065$779,059,099
77$1,292,927,652$114,443,283$53,620,497$856,018,242
78$1,424,635,032$119,879,764$55,245,543$940,718,747
79$1,569,771,171$125,577,237$56,919,634$1,033,945,361
80$1,729,705,631$131,548,323$58,644,243$1,136,562,647
81$1,905,947,668$137,806,253$60,420,888$1,249,523,119
82$2,100,160,472$144,364,902$62,251,130$1,373,876,201
83$2,314,176,876$151,238,818$64,136,578$1,510,778,100
84$2,550,016,654$158,443,257$66,078,890$1,661,502,682
85$2,809,905,592$165,994,216$68,079,772$1,827,453,468
86$3,096,296,500$173,908,470$70,140,982$2,010,176,839
87$3,411,892,367$182,203,609$72,264,329$2,211,376,596
88$3,759,671,882$190,898,079$74,451,678$2,432,930,001
89$4,142,917,553$200,011,223$76,704,947$2,676,905,459
90$4,565,246,694$209,563,324$79,026,114$2,945,581,992
91$5,030,645,581$219,575,652$81,417,214$3,241,470,708
92$5,543,507,083$230,070,511$83,880,342$3,567,338,456
93$6,108,672,131$241,071,291$86,417,659$3,926,233,895
94$6,731,475,424$252,602,521$89,031,387$4,321,516,215
95$7,417,795,793$264,689,920$91,723,814$4,756,886,793
96$8,174,111,701$277,360,463$94,497,299$5,236,424,076
97$9,007,562,405$290,642,437$97,354,269$5,764,622,017
98$9,926,015,357$304,565,503$100,297,224$6,346,432,433
99$10,938,140,481$319,160,769$103,328,738$6,987,311,687
100$12,053,492,020$334,460,857$106,451,461$7,693,272,119