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%15.1%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$999,265
2 years$523,273$513,528$504,083$494,925$486,043$464,558
3 years$345,384$335,596$326,175$317,104$308,366$287,492
4 years$256,456$246,699$237,372$228,455$219,929$199,827
5 years$203,114$193,415$184,210$175,476$167,186$147,913
6 years$167,564$157,938$148,869$140,329$132,289$113,865
7 years$142,181$132,636$123,711$115,372$107,586$90,016
8 years$123,152$113,693$104,917$96,783$89,253$72,530
9 years$108,360$98,991$90,365$82,438$75,164$59,277
10 years$96,533$87,255$78,782$71,062$64,044$48,976
11 years$86,863$77,678$69,359$61,845$55,080$40,813
12 years$78,810$69,720$61,554$54,247$47,731$34,244
13 years$72,002$63,006$54,994$47,892$41,622$28,891
14 years$66,171$57,271$49,413$42,513$36,486$24,486
15 years$61,122$52,318$44,613$37,914$32,125$20,830
16 years$56,709$48,001$40,448$33,948$28,392$17,775
17 years$52,819$44,207$36,806$30,502$25,174$15,208
18 years$49,365$40,849$33,599$27,488$22,384$13,041
19 years$46,278$37,859$30,759$24,838$19,951$11,203
20 years$43,503$35,180$28,229$22,496$17,821$9,639
21 years$40,996$32,769$25,965$20,416$15,948$8,305
22 years$38,720$30,589$23,931$18,563$14,295$7,164
23 years$36,645$28,609$22,096$16,906$12,832$6,185
24 years$34,745$26,805$20,435$15,419$11,534$5,345
25 years$33,000$25,155$18,927$14,082$10,378$4,623
26 years$31,392$23,642$17,554$12,875$9,349$4,000
27 years$29,906$22,249$16,300$11,785$8,428$3,463
28 years$28,528$20,966$15,153$10,798$7,605$3,000
29 years$27,248$19,779$14,101$9,902$6,867$2,600
30 years$26,055$18,679$13,135$9,087$6,205$2,253
31 years$24,942$17,658$12,245$8,346$5,610$1,954
32 years$23,900$16,708$11,425$7,670$5,075$1,695
33 years$22,923$15,822$10,668$7,053$4,592$1,470
34 years$22,006$14,996$9,967$6,490$4,158$1,276
35 years$21,143$14,224$9,319$5,974$3,766$1,107
36 years$20,329$13,500$8,717$5,502$3,412$961
37 years$19,562$12,822$8,159$5,069$3,093$834
38 years$18,837$12,186$7,641$4,673$2,804$724
39 years$18,150$11,587$7,159$4,308$2,543$629
40 years$17,500$11,024$6,710$3,974$2,306$546
41 years$16,882$10,494$6,292$3,666$2,092$474
42 years$16,296$9,994$5,902$3,384$1,898$412
43 years$15,739$9,523$5,538$3,123$1,723$358
44 years$15,208$9,077$5,198$2,884$1,564$311
45 years$14,703$8,656$4,881$2,663$1,420$270
46 years$14,220$8,257$4,584$2,460$1,289$234
47 years$13,760$7,880$4,307$2,273$1,171$204
48 years$13,320$7,522$4,047$2,100$1,063$177
49 years$12,900$7,184$3,804$1,941$965$154
50 years$12,497$6,862$3,577$1,794$877$133

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 $4,765 every year, while hoping to spend $21,657 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: 58/21/21 Blend
29$12,800,000$12,800,000$12,800,000$12,800,000
30$14,110,515$13,432,115$13,233,715$14,849,641
31$15,526,745$14,067,246$13,654,002$15,988,106
32$17,086,704$14,732,772$14,087,642$17,225,949
33$18,805,030$15,430,161$14,535,061$18,575,025
34$20,697,854$16,160,949$14,996,695$20,046,078
35$22,782,948$16,926,749$15,472,998$21,650,920
36$25,079,901$17,729,251$15,964,436$23,402,546
37$27,610,295$18,570,229$16,471,489$25,315,244
38$30,397,915$19,451,540$16,994,653$27,404,736
39$33,468,971$20,375,134$17,534,442$29,688,312
40$36,852,344$21,343,053$18,091,384$32,184,999
41$40,579,861$22,357,441$18,666,024$34,915,729
42$44,686,596$23,420,544$19,258,924$37,903,536
43$49,211,196$24,534,719$19,870,666$41,173,768
44$54,196,252$25,702,434$20,501,848$44,754,322
45$59,688,698$26,926,282$21,153,088$48,675,900
46$65,740,253$28,208,977$21,825,024$52,972,296
47$72,407,911$29,553,369$22,518,314$57,680,709
48$79,754,478$30,962,444$23,233,637$62,842,087
49$87,849,164$32,439,334$23,971,694$68,501,509
50$96,768,240$33,987,322$24,733,207$74,708,604
51$106,595,754$35,609,854$25,518,922$81,518,013
52$117,424,324$37,310,540$26,329,609$88,989,897
53$129,356,016$39,093,167$27,166,062$97,190,498
54$142,503,304$40,961,708$28,029,100$106,192,759
55$156,990,135$42,920,325$28,919,569$116,077,002
56$172,953,095$44,973,387$29,838,340$126,931,678
57$190,542,700$47,125,472$30,786,314$138,854,198
58$209,924,819$49,381,384$31,764,420$151,951,835
59$231,282,238$51,746,159$32,773,615$166,342,738
60$254,816,383$54,225,078$33,814,888$182,157,029
61$280,749,228$56,823,680$34,889,260$199,538,024
62$309,325,381$59,547,773$35,997,782$218,643,578
63$340,814,404$62,403,448$37,141,542$239,647,560
64$375,513,349$65,397,093$38,321,660$262,741,484
65$413,749,567$68,535,406$39,539,291$288,136,307
66$455,883,795$71,825,413$40,795,630$316,064,405
67$502,313,566$75,274,482$42,091,907$346,781,754
68$553,476,956$78,890,338$43,429,392$380,570,334
69$609,856,725$82,681,084$44,809,397$417,740,775
70$671,984,872$86,655,218$46,233,272$458,635,275
71$740,447,657$90,821,652$47,702,415$503,630,813
72$815,891,136$95,189,731$49,218,264$553,142,696
73$899,027,261$99,769,258$50,782,305$607,628,455
74$990,640,601$104,570,510$52,396,072$667,592,154
75$1,091,595,747$109,604,270$54,061,145$733,589,122
76$1,202,845,477$114,881,843$55,779,157$806,231,182
77$1,325,439,749$120,415,087$57,551,792$886,192,403
78$1,460,535,614$126,216,436$59,380,787$974,215,442
79$1,609,408,138$132,298,934$61,267,936$1,071,118,534
80$1,773,462,444$138,676,257$63,215,087$1,177,803,191
81$1,954,246,971$145,362,751$65,224,150$1,295,262,688
82$2,153,468,098$152,373,462$67,297,095$1,424,591,416
83$2,373,006,249$159,724,167$69,435,953$1,566,995,185
84$2,614,933,651$167,431,415$71,642,822$1,723,802,579
85$2,881,533,892$175,512,563$73,919,865$1,896,477,470
86$3,175,323,483$183,985,813$76,269,315$2,086,632,806
87$3,499,075,617$192,870,256$78,693,475$2,296,045,807
88$3,855,846,345$202,185,914$81,194,722$2,526,674,706
89$4,249,003,436$211,953,788$83,775,509$2,780,677,203
90$4,682,258,165$222,195,901$86,438,366$3,060,430,799
91$5,159,700,351$232,935,354$89,185,905$3,368,555,200
92$5,685,836,974$244,196,373$92,020,820$3,707,937,006
93$6,265,634,719$256,004,369$94,945,891$4,081,756,927
94$6,904,566,869$268,385,992$97,963,987$4,493,519,760
95$7,608,664,976$281,369,192$101,078,067$4,947,087,431
96$8,384,575,807$294,983,286$104,291,186$5,446,715,410
97$9,239,624,094$309,259,021$107,606,495$5,997,092,830
98$10,181,881,685$324,228,647$111,027,246$6,603,386,703
99$11,220,243,751$339,925,985$114,556,794$7,271,290,647
100$12,364,512,769$356,386,513$118,198,601$8,007,078,579