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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.6%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$1,001,723
2 years$519,185$509,516$500,145$491,059$482,246$471,177
3 years$342,685$332,974$323,627$314,626$305,956$295,156
4 years$254,453$244,771$235,517$226,670$218,211$207,762
5 years$201,527$191,904$182,771$174,105$165,880$155,813
6 years$166,255$156,704$147,706$139,233$131,255$121,582
7 years$141,070$131,600$122,745$114,471$106,746$97,470
8 years$122,190$112,805$104,097$96,027$88,556$79,678
9 years$107,513$98,217$89,659$81,794$74,577$66,093
10 years$95,779$86,574$78,167$70,507$63,543$55,448
11 years$86,184$77,071$68,817$61,362$54,649$46,936
12 years$78,195$69,175$61,073$53,823$47,358$40,019
13 years$71,439$62,514$54,565$47,517$41,297$34,323
14 years$65,654$56,824$49,027$42,181$36,201$29,582
15 years$60,645$51,909$44,264$37,618$31,874$25,600
16 years$56,266$47,626$40,132$33,683$28,170$22,231
17 years$52,406$43,862$36,519$30,264$24,978$19,362
18 years$48,979$40,530$33,337$27,274$22,209$16,905
19 years$45,916$37,563$30,518$24,644$19,795$14,792
20 years$43,163$34,905$28,008$22,320$17,682$12,966
21 years$40,676$32,513$25,762$20,257$15,823$11,385
22 years$38,417$30,350$23,744$18,418$14,183$10,010
23 years$36,358$28,385$21,923$16,774$12,732$8,811
24 years$34,474$26,595$20,275$15,299$11,443$7,765
25 years$32,743$24,958$18,779$13,972$10,297$6,849
26 years$31,147$23,457$17,417$12,775$9,276$6,046
27 years$29,672$22,076$16,173$11,693$8,363$5,340
28 years$28,306$20,802$15,035$10,713$7,546$4,721
29 years$27,035$19,624$13,991$9,824$6,814$4,175
30 years$25,852$18,533$13,032$9,016$6,157$3,694
31 years$24,747$17,520$12,150$8,281$5,566$3,270
32 years$23,713$16,577$11,336$7,610$5,035$2,896
33 years$22,744$15,699$10,584$6,998$4,557$2,565
34 years$21,834$14,879$9,889$6,439$4,126$2,273
35 years$20,977$14,112$9,246$5,927$3,737$2,014
36 years$20,171$13,395$8,649$5,459$3,386$1,786
37 years$19,409$12,722$8,095$5,030$3,068$1,583
38 years$18,689$12,090$7,581$4,636$2,782$1,404
39 years$18,008$11,497$7,103$4,275$2,523$1,246
40 years$17,363$10,938$6,657$3,943$2,288$1,105
41 years$16,751$10,412$6,242$3,638$2,076$980
42 years$16,169$9,916$5,856$3,357$1,884$870
43 years$15,616$9,448$5,495$3,099$1,710$772
44 years$15,089$9,006$5,158$2,861$1,552$685
45 years$14,588$8,588$4,843$2,643$1,409$608
46 years$14,109$8,193$4,549$2,441$1,279$540
47 years$13,653$7,818$4,273$2,255$1,161$479
48 years$13,216$7,464$4,016$2,084$1,055$425
49 years$12,799$7,127$3,775$1,926$958$378
50 years$12,400$6,808$3,549$1,780$870$335

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 $5,540 every year, while hoping to spend $42,310 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: 54/30/16 Blend
29$12,700,000$12,700,000$12,700,000$12,700,000
30$14,001,115$13,328,015$13,131,165$14,697,049
31$15,384,211$13,936,070$13,526,041$15,780,566
32$16,906,965$14,572,502$13,932,728$16,954,368
33$18,583,577$15,238,656$14,351,576$18,231,095
34$20,429,694$15,935,943$14,782,947$19,620,564
35$22,462,560$16,665,841$15,227,212$21,133,561
36$24,701,172$17,429,898$15,684,755$22,781,944
37$27,166,467$18,229,738$16,155,969$24,578,746
38$29,881,514$19,067,063$16,641,262$26,538,298
39$32,871,734$19,943,654$17,141,049$28,676,359
40$36,165,139$20,861,381$17,655,762$31,010,256
41$39,792,596$21,822,203$18,185,844$33,559,049
42$43,788,121$22,828,170$18,731,749$36,343,700
43$48,189,194$23,881,436$19,293,948$39,387,268
44$53,037,120$24,984,254$19,872,923$42,715,123
45$58,377,411$26,138,987$20,469,171$46,355,173
46$64,260,224$27,348,114$21,083,205$50,338,130
47$70,740,825$28,614,230$21,715,551$54,697,788
48$77,880,118$29,940,057$22,366,751$59,471,333
49$85,745,217$31,328,446$23,037,364$64,699,695
50$94,410,077$32,782,388$23,727,964$70,427,920
51$103,956,197$34,305,018$24,439,143$76,705,589
52$114,473,385$35,899,619$25,171,509$83,587,281
53$126,060,606$37,569,636$25,925,690$91,133,074
54$138,826,917$39,318,678$26,702,331$99,409,110
55$152,892,499$41,150,529$27,502,095$108,488,207
56$168,389,785$43,069,156$28,325,666$118,450,534
57$185,464,715$45,078,716$29,173,748$129,384,362
58$204,278,112$47,183,569$30,047,064$141,386,885
59$225,007,199$49,388,284$30,946,361$154,565,128
60$247,847,273$51,697,650$31,872,404$169,036,942
61$273,013,550$54,116,690$32,825,984$184,932,107
62$300,743,191$56,650,666$33,807,914$202,393,546
63$331,297,546$59,305,099$34,819,029$221,578,659
64$364,964,621$62,085,774$35,860,191$242,660,794
65$402,061,790$64,998,755$36,932,286$265,830,871
66$442,938,801$68,050,402$38,036,225$291,299,169
67$487,981,067$71,247,381$39,172,948$319,297,294
68$537,613,315$74,596,680$40,343,420$350,080,351
69$592,303,583$78,105,628$41,548,635$383,929,332
70$652,567,652$81,781,907$42,789,617$421,153,754
71$718,973,901$85,633,570$44,067,419$462,094,558
72$792,148,686$89,669,061$45,383,124$507,127,311
73$872,782,241$93,897,234$46,737,847$556,665,730
74$961,635,201$98,327,371$48,132,737$611,165,565
75$1,059,545,783$102,969,203$49,568,975$671,128,879
76$1,167,437,694$107,832,935$51,047,776$737,108,765
77$1,286,328,854$112,929,264$52,570,392$809,714,541
78$1,417,341,006$118,269,407$54,138,109$889,617,477
79$1,561,710,306$123,865,125$55,752,254$977,557,106
80$1,720,798,991$129,728,750$57,414,188$1,074,348,173
81$1,896,108,241$135,873,211$59,125,316$1,180,888,302
82$2,089,292,348$142,312,065$60,887,080$1,298,166,435
83$2,302,174,337$149,059,526$62,700,967$1,427,272,138
84$2,536,763,176$156,130,500$64,568,506$1,569,405,850
85$2,795,272,738$163,540,613$66,491,270$1,725,890,183
86$3,080,142,708$171,306,253$68,470,877$1,898,182,368
87$3,394,061,606$179,444,602$70,508,994$2,087,887,974
88$3,739,992,179$187,973,676$72,607,335$2,296,776,026
89$4,121,199,364$196,912,369$74,767,663$2,526,795,660
90$4,541,281,113$206,280,489$76,991,793$2,780,094,481
91$5,004,202,362$216,098,808$79,281,594$3,059,038,788
92$5,514,332,462$226,389,108$81,638,986$3,366,235,869
93$6,076,486,427$237,174,229$84,065,946$3,704,558,557
94$6,695,970,397$248,478,121$86,564,510$4,077,172,304
95$7,378,631,726$260,325,897$89,136,769$4,487,565,003
96$8,130,914,189$272,743,893$91,784,878$4,939,579,862
97$8,959,918,818$285,759,725$94,511,053$5,437,451,618
98$9,873,470,937$299,402,351$97,317,573$5,985,846,459
99$10,880,194,044$313,702,139$100,206,784$6,589,906,000
100$11,989,591,225$328,690,932$103,181,099$7,255,295,758