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

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$1,010,451
2 years$523,273$513,528$504,083$494,925$486,043$475,730
3 years$345,384$335,596$326,175$317,104$308,366$298,299
4 years$256,456$246,699$237,372$228,455$219,929$210,186
5 years$203,114$193,415$184,210$175,476$167,186$157,796
6 years$167,564$157,938$148,869$140,329$132,289$123,262
7 years$142,181$132,636$123,711$115,372$107,586$98,927
8 years$123,152$113,693$104,917$96,783$89,253$80,962
9 years$108,360$98,991$90,365$82,438$75,164$67,237
10 years$96,533$87,255$78,782$71,062$64,044$56,476
11 years$86,863$77,678$69,359$61,845$55,080$47,865
12 years$78,810$69,720$61,554$54,247$47,731$40,863
13 years$72,002$63,006$54,994$47,892$41,622$35,092
14 years$66,171$57,271$49,413$42,513$36,486$30,285
15 years$61,122$52,318$44,613$37,914$32,125$26,244
16 years$56,709$48,001$40,448$33,948$28,392$22,822
17 years$52,819$44,207$36,806$30,502$25,174$19,904
18 years$49,365$40,849$33,599$27,488$22,384$17,403
19 years$46,278$37,859$30,759$24,838$19,951$15,250
20 years$43,503$35,180$28,229$22,496$17,821$13,387
21 years$40,996$32,769$25,965$20,416$15,948$11,772
22 years$38,720$30,589$23,931$18,563$14,295$10,366
23 years$36,645$28,609$22,096$16,906$12,832$9,139
24 years$34,745$26,805$20,435$15,419$11,534$8,066
25 years$33,000$25,155$18,927$14,082$10,378$7,125
26 years$31,392$23,642$17,554$12,875$9,349$6,300
27 years$29,906$22,249$16,300$11,785$8,428$5,574
28 years$28,528$20,966$15,153$10,798$7,605$4,935
29 years$27,248$19,779$14,101$9,902$6,867$4,371
30 years$26,055$18,679$13,135$9,087$6,205$3,874
31 years$24,942$17,658$12,245$8,346$5,610$3,435
32 years$23,900$16,708$11,425$7,670$5,075$3,047
33 years$22,923$15,822$10,668$7,053$4,592$2,703
34 years$22,006$14,996$9,967$6,490$4,158$2,400
35 years$21,143$14,224$9,319$5,974$3,766$2,130
36 years$20,329$13,500$8,717$5,502$3,412$1,892
37 years$19,562$12,822$8,159$5,069$3,093$1,680
38 years$18,837$12,186$7,641$4,673$2,804$1,493
39 years$18,150$11,587$7,159$4,308$2,543$1,326
40 years$17,500$11,024$6,710$3,974$2,306$1,179
41 years$16,882$10,494$6,292$3,666$2,092$1,047
42 years$16,296$9,994$5,902$3,384$1,898$931
43 years$15,739$9,523$5,538$3,123$1,723$828
44 years$15,208$9,077$5,198$2,884$1,564$736
45 years$14,703$8,656$4,881$2,663$1,420$654
46 years$14,220$8,257$4,584$2,460$1,289$582
47 years$13,760$7,880$4,307$2,273$1,171$517
48 years$13,320$7,522$4,047$2,100$1,063$460
49 years$12,900$7,184$3,804$1,941$965$409
50 years$12,497$6,862$3,577$1,794$877$364

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 $2,173 every year, while hoping to spend $42,646 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: 62/28/10 Blend
29$12,800,000$12,800,000$12,800,000$12,800,000
30$14,107,841$13,429,441$13,231,041$14,950,785
31$15,501,466$14,042,109$13,628,906$16,127,862
32$17,035,811$14,683,368$14,038,670$17,407,002
33$18,725,186$15,354,574$14,460,687$18,802,131
34$20,585,355$16,057,149$14,895,321$20,324,475
35$22,633,693$16,792,581$15,342,946$21,986,380
36$24,889,344$17,562,432$15,803,948$23,801,426
37$27,373,401$18,368,335$16,278,725$25,784,546
38$30,109,111$19,212,007$16,767,686$27,952,168
39$33,122,088$20,095,243$17,271,250$30,322,364
40$36,440,556$21,019,925$17,789,853$32,915,017
41$40,095,619$21,988,027$18,323,939$35,752,002
42$44,121,549$23,001,617$18,873,967$38,857,392
43$48,556,113$24,062,863$19,440,412$42,257,677
44$53,440,930$25,174,036$20,023,758$45,982,008
45$58,821,858$26,337,517$20,624,508$50,062,470
46$64,749,435$27,555,802$21,243,176$54,534,379
47$71,279,348$28,831,508$21,880,293$59,436,606
48$78,472,965$30,167,375$22,536,406$64,811,942
49$86,397,909$31,566,279$23,212,078$70,707,492
50$95,128,700$33,031,230$23,907,887$77,175,115
51$104,747,455$34,565,388$24,624,428$84,271,908
52$115,344,665$36,172,062$25,362,316$92,060,732
53$127,020,049$37,854,721$26,122,182$100,610,804
54$139,883,495$39,617,003$26,904,675$109,998,340
55$154,056,094$41,462,719$27,710,466$120,307,263
56$169,671,291$43,395,867$28,540,241$131,629,993
57$186,876,134$45,420,636$29,394,710$144,068,304
58$205,832,669$47,541,417$30,274,603$157,734,277
59$226,719,469$49,762,814$31,180,670$172,751,350
60$249,733,317$52,089,654$32,113,684$189,255,471
61$275,091,063$54,526,995$33,074,440$207,396,370
62$303,031,676$57,080,141$34,063,758$227,338,961
63$333,818,492$59,754,654$35,082,480$249,264,889
64$367,741,708$62,556,362$36,131,472$273,374,228
65$405,121,114$65,491,375$37,211,629$299,887,359
66$446,309,117$68,566,102$38,323,868$329,047,038
67$491,694,065$71,787,258$39,469,135$361,120,671
68$541,703,911$75,161,886$40,648,402$396,402,822
69$596,810,259$78,697,368$41,862,673$435,217,981
70$657,532,810$82,401,443$43,112,977$477,923,610
71$724,444,270$86,282,227$44,400,375$524,913,497
72$798,175,757$90,348,227$45,725,959$576,621,460
73$879,422,758$94,608,364$47,090,852$633,525,419
74$968,951,694$99,071,990$48,496,211$696,151,892
75$1,067,607,159$103,748,909$49,943,226$765,080,941
76$1,176,319,886$108,649,403$51,433,122$840,951,628
77$1,296,115,541$113,784,250$52,967,157$924,468,024
78$1,428,124,400$119,164,752$54,546,631$1,016,405,835
79$1,573,592,022$124,802,758$56,172,876$1,117,619,694
80$1,733,891,008$130,710,693$57,847,268$1,229,051,209
81$1,910,533,958$136,901,583$59,571,218$1,351,737,821
82$2,105,187,749$143,389,089$61,346,181$1,486,822,571
83$2,319,689,276$150,187,531$63,173,655$1,635,564,860
84$2,556,062,789$157,311,926$65,055,179$1,799,352,308
85$2,816,539,004$164,778,021$66,992,338$1,979,713,818
86$3,103,576,164$172,602,326$68,986,763$2,178,333,978
87$3,419,883,245$180,802,152$71,040,132$2,397,068,929
88$3,768,445,531$189,395,653$73,154,171$2,637,963,846
89$4,152,552,797$198,401,862$75,330,658$2,903,272,211
90$4,575,830,368$207,840,739$77,571,421$3,195,477,042
91$5,042,273,343$217,733,212$79,878,340$3,517,314,292
92$5,556,284,311$228,101,227$82,253,352$3,871,798,635
93$6,122,714,920$238,967,796$84,698,449$4,262,251,875
94$6,746,911,674$250,357,050$87,215,678$4,692,334,258
95$7,434,766,411$262,294,291$89,807,150$5,166,078,973
96$8,192,771,928$274,806,055$92,475,033$5,687,930,179
97$9,028,083,277$287,920,164$95,221,559$6,262,784,897
98$9,948,585,315$301,665,796$98,049,025$6,896,039,184
99$10,962,967,144$316,073,547$100,959,794$7,593,639,014
100$12,080,804,142$331,175,500$103,956,297$8,362,136,345