Can I retire at age 30 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,013,408
2 years$523,273$513,528$504,083$494,925$486,043$478,700
3 years$345,384$335,596$326,175$317,104$308,366$301,189
4 years$256,456$246,699$237,372$228,455$219,929$212,974
5 years$203,114$193,415$184,210$175,476$167,186$160,474
6 years$167,564$157,938$148,869$140,329$132,289$125,827
7 years$142,181$132,636$123,711$115,372$107,586$101,379
8 years$123,152$113,693$104,917$96,783$89,253$83,300
9 years$108,360$98,991$90,365$82,438$75,164$69,463
10 years$96,533$87,255$78,782$71,062$64,044$58,591
11 years$86,863$77,678$69,359$61,845$55,080$49,873
12 years$78,810$69,720$61,554$54,247$47,731$42,765
13 years$72,002$63,006$54,994$47,892$41,622$36,892
14 years$66,171$57,271$49,413$42,513$36,486$31,985
15 years$61,122$52,318$44,613$37,914$32,125$27,848
16 years$56,709$48,001$40,448$33,948$28,392$24,332
17 years$52,819$44,207$36,806$30,502$25,174$21,325
18 years$49,365$40,849$33,599$27,488$22,384$18,739
19 years$46,278$37,859$30,759$24,838$19,951$16,503
20 years$43,503$35,180$28,229$22,496$17,821$14,562
21 years$40,996$32,769$25,965$20,416$15,948$12,871
22 years$38,720$30,589$23,931$18,563$14,295$11,393
23 years$36,645$28,609$22,096$16,906$12,832$10,098
24 years$34,745$26,805$20,435$15,419$11,534$8,961
25 years$33,000$25,155$18,927$14,082$10,378$7,959
26 years$31,392$23,642$17,554$12,875$9,349$7,076
27 years$29,906$22,249$16,300$11,785$8,428$6,295
28 years$28,528$20,966$15,153$10,798$7,605$5,605
29 years$27,248$19,779$14,101$9,902$6,867$4,993
30 years$26,055$18,679$13,135$9,087$6,205$4,450
31 years$24,942$17,658$12,245$8,346$5,610$3,968
32 years$23,900$16,708$11,425$7,670$5,075$3,540
33 years$22,923$15,822$10,668$7,053$4,592$3,160
34 years$22,006$14,996$9,967$6,490$4,158$2,821
35 years$21,143$14,224$9,319$5,974$3,766$2,519
36 years$20,329$13,500$8,717$5,502$3,412$2,250
37 years$19,562$12,822$8,159$5,069$3,093$2,011
38 years$18,837$12,186$7,641$4,673$2,804$1,797
39 years$18,150$11,587$7,159$4,308$2,543$1,606
40 years$17,500$11,024$6,710$3,974$2,306$1,436
41 years$16,882$10,494$6,292$3,666$2,092$1,284
42 years$16,296$9,994$5,902$3,384$1,898$1,148
43 years$15,739$9,523$5,538$3,123$1,723$1,027
44 years$15,208$9,077$5,198$2,884$1,564$918
45 years$14,703$8,656$4,881$2,663$1,420$821
46 years$14,220$8,257$4,584$2,460$1,289$735
47 years$13,760$7,880$4,307$2,273$1,171$657
48 years$13,320$7,522$4,047$2,100$1,063$588
49 years$12,900$7,184$3,804$1,941$965$526
50 years$12,497$6,862$3,577$1,794$877$471

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,800,000, adding $3,501 every year, while hoping to spend $22,381 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: 53/23/24 Blend
29$12,800,000$12,800,000$12,800,000$12,800,000
30$14,109,211$13,430,811$13,232,411$14,762,980
31$15,524,538$14,065,108$13,651,884$15,848,710
32$17,083,477$14,729,735$14,084,659$17,026,980
33$18,800,655$15,426,155$14,531,158$18,308,746
34$20,692,186$16,155,901$14,991,816$19,703,900
35$22,775,831$16,920,582$15,467,084$21,223,314
36$25,071,158$17,721,883$15,957,423$22,878,939
37$27,599,733$18,561,571$16,463,313$24,683,915
38$30,385,318$19,441,501$16,985,247$26,652,691
39$33,454,101$20,363,616$17,523,734$28,801,158
40$36,834,939$21,329,952$18,079,299$31,146,791
41$40,559,631$22,342,648$18,652,483$33,708,813
42$44,663,218$23,403,943$19,243,846$36,508,370
43$49,184,317$24,516,186$19,853,965$39,568,725
44$54,165,479$25,681,841$20,483,434$42,915,473
45$59,653,596$26,903,490$21,132,868$46,576,778
46$65,700,344$28,183,842$21,802,901$50,583,632
47$72,362,666$29,525,737$22,494,184$54,970,140
48$79,703,313$30,932,152$23,207,394$59,773,839
49$87,791,434$32,406,211$23,943,225$65,036,043
50$96,703,233$33,951,189$24,702,396$70,802,225
51$106,522,683$35,570,517$25,485,647$77,122,446
52$117,342,323$37,267,798$26,293,742$84,051,810
53$129,264,127$39,046,807$27,127,469$91,650,983
54$142,400,470$40,911,504$27,987,642$99,986,758
55$156,875,191$42,866,040$28,875,100$109,132,671
56$172,824,753$44,914,769$29,790,709$119,169,693
57$190,399,542$47,062,257$30,735,362$130,186,980
58$209,765,280$49,313,291$31,709,981$142,282,707
59$231,104,589$51,672,894$32,715,517$155,564,986
60$254,618,721$54,146,329$33,752,950$170,152,872
61$280,529,451$56,739,119$34,823,294$186,177,478
62$309,081,172$59,457,054$35,927,592$203,783,202
63$340,543,208$62,306,205$37,066,922$223,129,077
64$375,212,347$65,292,942$38,242,396$244,390,258
65$413,415,651$68,423,941$39,455,161$267,759,663
66$455,513,539$71,706,205$40,706,401$293,449,783
67$501,903,191$75,147,080$41,997,336$321,694,669
68$553,022,296$78,754,266$43,329,226$352,752,129
69$609,353,186$82,535,842$44,703,372$386,906,146
70$671,427,390$86,500,277$46,121,113$424,469,541
71$739,830,648$90,656,455$47,583,835$465,786,907
72$815,208,446$95,013,692$49,092,965$511,237,848
73$898,272,103$99,581,759$50,649,975$561,240,542
74$989,805,493$104,370,901$52,256,385$616,255,667
75$1,090,672,443$109,391,865$53,913,763$676,790,731
76$1,201,824,886$114,655,920$55,623,728$743,404,840
77$1,324,311,849$120,174,885$57,387,948$816,713,956
78$1,459,289,359$125,961,155$59,208,145$897,396,685
79$1,608,031,352$132,027,730$61,086,096$986,200,659
80$1,771,941,704$138,388,243$63,023,635$1,083,949,571
81$1,952,567,484$145,056,993$65,022,653$1,191,550,922
82$2,151,613,556$152,048,975$67,085,101$1,310,004,555
83$2,370,958,680$159,379,916$69,212,993$1,440,412,075
84$2,612,673,244$167,066,310$71,408,406$1,583,987,205
85$2,879,038,812$175,125,456$73,673,485$1,742,067,224
86$3,172,569,664$183,575,496$76,010,440$1,916,125,546
87$3,496,036,532$192,435,459$78,421,552$2,107,785,605
88$3,852,492,762$201,725,300$80,909,178$2,318,836,133
89$4,245,303,133$211,465,948$83,475,744$2,551,248,018
90$4,678,175,629$221,679,356$86,123,758$2,807,192,863
91$5,155,196,444$232,388,546$88,855,805$3,089,063,446
92$5,680,868,560$243,617,663$91,674,553$3,399,496,268
93$6,260,154,257$255,392,033$94,582,755$3,741,396,389
94$6,898,521,964$267,738,215$97,583,250$4,117,964,815
95$7,601,997,884$280,684,068$100,678,969$4,532,728,657
96$8,377,222,889$294,258,807$103,872,935$4,989,574,383
97$9,231,515,212$308,493,078$107,168,267$5,492,784,447
98$10,172,939,544$323,419,019$110,568,183$6,047,077,665
99$11,210,383,165$339,070,338$114,076,005$6,657,653,701
100$12,353,639,855$355,482,392$117,695,159$7,330,242,087