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%16.2%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$994,804
2 years$523,273$513,528$504,083$494,925$486,043$460,131
3 years$345,384$335,596$326,175$317,104$308,366$283,239
4 years$256,456$246,699$237,372$228,455$219,929$195,780
5 years$203,114$193,415$184,210$175,476$167,186$144,083
6 years$167,564$157,938$148,869$140,329$132,289$110,253
7 years$142,181$132,636$123,711$115,372$107,586$86,621
8 years$123,152$113,693$104,917$96,783$89,253$69,348
9 years$108,360$98,991$90,365$82,438$75,164$56,302
10 years$96,533$87,255$78,782$71,062$64,044$46,202
11 years$86,863$77,678$69,359$61,845$55,080$38,233
12 years$78,810$69,720$61,554$54,247$47,731$31,849
13 years$72,002$63,006$54,994$47,892$41,622$26,674
14 years$66,171$57,271$49,413$42,513$36,486$22,438
15 years$61,122$52,318$44,613$37,914$32,125$18,942
16 years$56,709$48,001$40,448$33,948$28,392$16,038
17 years$52,819$44,207$36,806$30,502$25,174$13,613
18 years$49,365$40,849$33,599$27,488$22,384$11,579
19 years$46,278$37,859$30,759$24,838$19,951$9,866
20 years$43,503$35,180$28,229$22,496$17,821$8,419
21 years$40,996$32,769$25,965$20,416$15,948$7,193
22 years$38,720$30,589$23,931$18,563$14,295$6,152
23 years$36,645$28,609$22,096$16,906$12,832$5,266
24 years$34,745$26,805$20,435$15,419$11,534$4,511
25 years$33,000$25,155$18,927$14,082$10,378$3,867
26 years$31,392$23,642$17,554$12,875$9,349$3,317
27 years$29,906$22,249$16,300$11,785$8,428$2,846
28 years$28,528$20,966$15,153$10,798$7,605$2,444
29 years$27,248$19,779$14,101$9,902$6,867$2,098
30 years$26,055$18,679$13,135$9,087$6,205$1,803
31 years$24,942$17,658$12,245$8,346$5,610$1,549
32 years$23,900$16,708$11,425$7,670$5,075$1,331
33 years$22,923$15,822$10,668$7,053$4,592$1,144
34 years$22,006$14,996$9,967$6,490$4,158$984
35 years$21,143$14,224$9,319$5,974$3,766$846
36 years$20,329$13,500$8,717$5,502$3,412$727
37 years$19,562$12,822$8,159$5,069$3,093$626
38 years$18,837$12,186$7,641$4,673$2,804$538
39 years$18,150$11,587$7,159$4,308$2,543$463
40 years$17,500$11,024$6,710$3,974$2,306$398
41 years$16,882$10,494$6,292$3,666$2,092$343
42 years$16,296$9,994$5,902$3,384$1,898$295
43 years$15,739$9,523$5,538$3,123$1,723$254
44 years$15,208$9,077$5,198$2,884$1,564$218
45 years$14,703$8,656$4,881$2,663$1,420$188
46 years$14,220$8,257$4,584$2,460$1,289$162
47 years$13,760$7,880$4,307$2,273$1,171$139
48 years$13,320$7,522$4,047$2,100$1,063$120
49 years$12,900$7,184$3,804$1,941$965$103
50 years$12,497$6,862$3,577$1,794$877$89

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 $3,103 every year, while hoping to spend $26,863 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: 86/5/9 Blend
29$12,800,000$12,800,000$12,800,000$12,800,000
30$14,108,801$13,430,401$13,232,001$15,306,093
31$15,519,316$14,059,908$13,646,691$16,717,419
32$17,072,804$14,719,362$14,074,373$18,264,144
33$18,783,819$15,410,199$14,515,453$19,963,055
34$20,668,400$16,133,930$14,970,352$21,829,471
35$22,744,220$16,892,135$15,439,501$23,880,265
36$25,030,754$17,686,474$15,923,348$26,134,022
37$27,549,463$18,518,683$16,422,353$28,611,215
38$30,323,996$19,390,586$16,936,989$31,334,397
39$33,380,412$20,304,094$17,467,748$34,328,410
40$36,747,430$21,261,210$18,015,132$37,620,623
41$40,456,693$22,264,035$18,579,664$41,241,185
42$44,543,073$23,314,770$19,161,881$45,223,309
43$49,044,997$24,415,724$19,762,335$49,603,587
44$54,004,811$25,569,320$20,381,597$54,422,331
45$59,469,180$26,778,093$21,020,258$59,723,953
46$65,489,523$28,044,707$21,678,924$65,557,382
47$72,122,508$29,371,952$22,358,222$71,976,527
48$79,430,579$30,762,753$23,058,797$79,040,781
49$87,482,548$32,220,177$23,781,317$86,815,582
50$96,354,244$33,747,442$24,526,467$95,373,028
51$106,129,230$35,347,920$25,294,957$104,792,555
52$116,899,590$37,025,147$26,087,517$115,161,688
53$128,766,801$38,782,831$26,904,901$126,576,861
54$141,842,685$40,624,861$27,747,886$139,144,329
55$156,250,473$42,555,312$28,617,274$152,981,167
56$172,125,959$44,578,461$29,513,890$168,216,372
57$189,618,790$46,698,789$30,438,589$184,992,082
58$208,893,874$48,920,996$31,392,249$203,464,912
59$230,132,936$51,250,012$32,375,776$223,807,429
60$253,536,237$53,691,004$33,390,106$246,209,783
61$279,324,461$56,249,391$34,436,202$270,881,495
62$307,740,801$58,930,856$35,515,060$298,053,435
63$339,053,253$61,741,359$36,627,705$327,979,995
64$373,557,146$64,687,147$37,775,195$360,941,491
65$411,577,931$67,774,773$38,958,620$397,246,805
66$453,474,252$71,011,108$40,179,105$437,236,296
67$499,641,331$74,403,358$41,437,811$481,285,011
68$550,514,703$77,959,079$42,735,933$529,806,222
69$606,574,322$81,686,193$44,074,707$583,255,322
70$668,349,097$85,593,011$45,455,403$642,134,122
71$736,421,881$89,688,244$46,879,336$706,995,584
72$811,434,976$93,981,031$48,347,856$778,449,035
73$894,096,196$98,480,954$49,862,362$857,165,918
74$985,185,548$103,198,061$51,424,291$943,886,123
75$1,085,562,597$108,142,889$53,035,128$1,039,424,966
76$1,196,174,581$113,326,490$54,696,404$1,144,680,888
77$1,318,065,352$118,760,452$56,409,698$1,260,643,922
78$1,452,385,233$124,456,929$58,176,637$1,388,405,041
79$1,600,401,874$130,428,665$59,998,901$1,529,166,447
80$1,763,512,222$136,689,027$61,878,222$1,684,252,919
81$1,943,255,711$143,252,031$63,816,384$1,855,124,309
82$2,141,328,790$150,132,378$65,815,230$2,043,389,321
83$2,359,600,945$157,345,483$67,876,659$2,250,820,687
84$2,600,132,344$164,907,514$70,002,629$2,479,371,900
85$2,865,193,286$172,835,425$72,195,160$2,731,195,648
86$3,157,285,639$181,146,999$74,456,336$3,008,664,125
87$3,479,166,455$189,860,882$76,788,304$3,314,391,425
88$3,833,874,001$198,996,633$79,193,279$3,651,258,206
89$4,224,756,442$208,574,762$81,673,548$4,022,438,881
90$4,655,503,453$218,616,778$84,231,465$4,431,431,573
91$5,130,181,047$229,145,242$86,869,461$4,882,091,136
92$5,653,269,967$240,183,813$89,590,041$5,378,665,535
93$6,229,707,986$251,757,302$92,395,790$5,925,835,937
94$6,864,936,524$263,891,734$95,289,373$6,528,760,899
95$7,564,952,021$276,614,400$98,273,538$7,193,125,053
96$8,336,362,545$289,953,923$101,351,120$7,925,192,765
97$9,186,450,184$303,940,324$104,525,041$8,731,867,260
98$10,123,239,789$318,605,087$107,798,316$9,620,755,785
99$11,155,574,742$333,981,231$111,174,055$10,600,241,410
100$12,293,200,442$350,103,387$114,655,462$11,679,562,160