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%14.7%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$993,081
2 years$519,185$509,516$500,145$491,059$482,246$462,543
3 years$342,685$332,974$323,627$314,626$305,956$286,801
4 years$254,453$244,771$235,517$226,670$218,211$199,750
5 years$201,527$191,904$182,771$174,105$165,880$148,167
6 years$166,255$156,704$147,706$139,233$131,255$114,309
7 years$141,070$131,600$122,745$114,471$106,746$90,570
8 years$122,190$112,805$104,097$96,027$88,556$73,146
9 years$107,513$98,217$89,659$81,794$74,577$59,924
10 years$95,779$86,574$78,167$70,507$63,543$49,633
11 years$86,184$77,071$68,817$61,362$54,649$41,465
12 years$78,195$69,175$61,073$53,823$47,358$34,881
13 years$71,439$62,514$54,565$47,517$41,297$29,507
14 years$65,654$56,824$49,027$42,181$36,201$25,076
15 years$60,645$51,909$44,264$37,618$31,874$21,391
16 years$56,266$47,626$40,132$33,683$28,170$18,306
17 years$52,406$43,862$36,519$30,264$24,978$15,707
18 years$48,979$40,530$33,337$27,274$22,209$13,508
19 years$45,916$37,563$30,518$24,644$19,795$11,639
20 years$43,163$34,905$28,008$22,320$17,682$10,045
21 years$40,676$32,513$25,762$20,257$15,823$8,681
22 years$38,417$30,350$23,744$18,418$14,183$7,511
23 years$36,358$28,385$21,923$16,774$12,732$6,505
24 years$34,474$26,595$20,275$15,299$11,443$5,640
25 years$32,743$24,958$18,779$13,972$10,297$4,893
26 years$31,147$23,457$17,417$12,775$9,276$4,247
27 years$29,672$22,076$16,173$11,693$8,363$3,689
28 years$28,306$20,802$15,035$10,713$7,546$3,206
29 years$27,035$19,624$13,991$9,824$6,814$2,787
30 years$25,852$18,533$13,032$9,016$6,157$2,424
31 years$24,747$17,520$12,150$8,281$5,566$2,109
32 years$23,713$16,577$11,336$7,610$5,035$1,835
33 years$22,744$15,699$10,584$6,998$4,557$1,597
34 years$21,834$14,879$9,889$6,439$4,126$1,391
35 years$20,977$14,112$9,246$5,927$3,737$1,211
36 years$20,171$13,395$8,649$5,459$3,386$1,055
37 years$19,409$12,722$8,095$5,030$3,068$919
38 years$18,689$12,090$7,581$4,636$2,782$800
39 years$18,008$11,497$7,103$4,275$2,523$697
40 years$17,363$10,938$6,657$3,943$2,288$608
41 years$16,751$10,412$6,242$3,638$2,076$529
42 years$16,169$9,916$5,856$3,357$1,884$461
43 years$15,616$9,448$5,495$3,099$1,710$402
44 years$15,089$9,006$5,158$2,861$1,552$350
45 years$14,588$8,588$4,843$2,643$1,409$305
46 years$14,109$8,193$4,549$2,441$1,279$266
47 years$13,653$7,818$4,273$2,255$1,161$232
48 years$13,216$7,464$4,016$2,084$1,055$202
49 years$12,799$7,127$3,775$1,926$958$176
50 years$12,400$6,808$3,549$1,780$870$154

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 $5,899 every year, while hoping to spend $52,267 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: 74/10/16 Blend
29$12,700,000$12,700,000$12,700,000$12,700,000
30$14,001,485$13,328,385$13,131,535$14,986,987
31$15,374,025$13,925,864$13,515,830$16,237,778
32$16,884,812$14,550,868$13,911,246$17,600,894
33$18,547,892$15,204,690$14,318,103$19,093,122
34$20,378,743$15,888,686$14,736,725$20,727,278
35$22,394,418$16,604,274$15,167,448$22,517,475
36$24,613,708$17,352,944$15,610,618$24,479,250
37$27,057,321$18,136,252$16,066,588$26,629,711
38$29,748,072$18,955,833$16,535,723$28,987,696
39$32,711,103$19,813,397$17,018,398$31,573,949
40$35,974,119$20,710,736$17,514,997$34,411,314
41$39,567,646$21,649,729$18,025,916$37,524,948
42$43,525,324$22,632,344$18,551,563$40,942,557
43$47,884,221$23,660,643$19,092,354$44,694,656
44$52,685,184$24,736,787$19,648,721$48,814,851
45$57,973,224$25,863,041$20,221,104$53,340,160
46$63,797,939$27,041,777$20,809,957$58,311,353
47$70,213,987$28,275,481$21,415,748$63,773,340
48$77,281,593$29,566,760$22,038,956$69,775,587
49$85,067,128$30,918,343$22,680,073$76,372,585
50$93,643,726$32,333,092$23,339,606$83,624,359
51$103,091,978$33,814,007$24,018,076$91,597,031
52$113,500,696$35,364,229$24,716,017$100,363,441
53$124,967,742$36,987,051$25,433,979$110,003,832
54$137,600,962$38,685,927$26,172,527$120,606,606
55$151,519,195$40,464,472$26,932,242$132,269,149
56$166,853,400$42,326,478$27,713,719$145,098,752
57$183,747,890$44,275,919$28,517,572$159,213,619
58$202,361,695$46,316,959$29,344,431$174,743,975
59$222,870,061$48,453,963$30,194,942$191,833,297
60$245,466,106$50,691,506$31,069,771$210,639,657
61$270,362,641$53,034,382$31,969,601$231,337,216
62$297,794,180$55,487,617$32,895,133$254,117,859
63$328,019,156$58,056,479$33,847,089$279,193,004
64$361,322,352$60,746,490$34,826,209$306,795,589
65$398,017,600$63,563,436$35,833,255$337,182,271
66$438,450,735$66,513,383$36,869,009$370,635,837
67$483,002,863$69,602,692$37,934,273$407,467,871
68$532,093,958$72,838,027$39,029,874$448,021,691
69$586,186,825$76,226,374$40,156,659$492,675,578
70$645,791,473$79,775,057$41,315,498$541,846,347
71$711,469,922$83,491,755$42,507,287$595,993,268
72$783,841,517$87,384,513$43,732,943$655,622,401
73$863,588,767$91,461,769$44,993,412$721,291,359
74$951,463,791$95,732,367$46,289,662$793,614,570
75$1,048,295,421$100,205,576$47,622,689$873,269,066
76$1,154,997,021$104,891,115$48,993,515$961,000,868
77$1,272,575,110$109,799,174$50,403,191$1,057,632,014
78$1,402,138,869$114,940,431$51,852,796$1,164,068,318
79$1,544,910,607$120,326,085$53,343,437$1,281,307,907
80$1,702,237,298$125,967,873$54,876,253$1,410,450,633
81$1,875,603,306$131,878,102$56,452,410$1,552,708,448
82$2,066,644,387$138,069,672$58,073,110$1,709,416,832
83$2,277,163,139$144,556,111$59,739,583$1,882,047,389
84$2,509,146,016$151,351,597$61,453,096$2,072,221,732
85$2,764,782,082$158,470,997$63,214,947$2,281,726,773
86$3,046,483,676$165,929,898$65,026,470$2,512,531,583
87$3,356,909,188$173,744,641$66,889,034$2,766,805,967
88$3,698,988,155$181,932,357$68,804,046$3,046,940,933
89$4,075,948,914$190,511,010$70,772,949$3,355,571,251
90$4,491,349,085$199,499,432$72,797,225$3,695,600,311
91$4,949,109,156$208,917,368$74,878,396$4,070,227,513
92$5,453,549,491$218,785,521$77,018,023$4,482,978,461
93$6,009,431,124$229,125,595$79,217,711$4,937,738,225
94$6,622,000,699$239,960,351$81,479,106$5,438,788,000
95$7,297,040,011$251,313,648$83,803,897$5,990,845,507
96$8,040,920,583$263,210,508$86,193,818$6,599,109,507
97$8,860,663,822$275,677,162$88,650,650$7,269,308,864
98$9,764,007,305$288,741,116$91,176,220$8,007,756,608
99$10,759,477,831$302,431,211$93,772,404$8,821,409,508
100$11,856,471,916$316,777,687$96,441,125$9,717,933,727