Can I retire at age 30 with 12,900,000?

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$991,378
2 years$527,361$517,540$508,021$498,792$489,840$452,684
3 years$348,082$338,218$328,723$319,581$310,775$274,917
4 years$258,460$248,626$239,226$230,240$221,647$187,361
5 years$204,701$194,926$185,649$176,846$168,493$135,868
6 years$168,873$159,172$150,032$141,425$133,322$102,384
7 years$143,292$133,672$124,678$116,274$108,427$79,166
8 years$124,114$114,582$105,736$97,539$89,951$62,343
9 years$109,207$99,764$91,071$83,082$75,751$49,759
10 years$97,287$87,937$79,398$71,617$64,544$40,122
11 years$87,542$78,285$69,900$62,328$55,510$32,607
12 years$79,426$70,265$62,035$54,670$48,104$26,664
13 years$72,564$63,499$55,424$48,266$41,947$21,912
14 years$66,688$57,718$49,799$42,845$36,771$18,077
15 years$61,600$52,727$44,962$38,210$32,376$14,962
16 years$57,152$48,376$40,764$34,213$28,614$12,415
17 years$53,231$44,552$37,094$30,740$25,371$10,325
18 years$49,750$41,168$33,862$27,703$22,559$8,601
19 years$46,639$38,154$30,999$25,032$20,107$7,175
20 years$43,843$35,455$28,449$22,671$17,960$5,993
21 years$41,316$33,025$26,168$20,576$16,072$5,011
22 years$39,022$30,828$24,118$18,708$14,407$4,193
23 years$36,931$28,832$22,268$17,038$12,932$3,511
24 years$35,017$27,014$20,595$15,539$11,624$2,942
25 years$33,258$25,351$19,075$14,192$10,460$2,466
26 years$31,638$23,826$17,691$12,976$9,422$2,068
27 years$30,140$22,423$16,427$11,877$8,494$1,735
28 years$28,751$21,129$15,271$10,882$7,665$1,456
29 years$27,461$19,933$14,211$9,979$6,921$1,222
30 years$26,259$18,825$13,237$9,158$6,254$1,026
31 years$25,136$17,796$12,341$8,411$5,654$861
32 years$24,086$16,838$11,514$7,730$5,114$723
33 years$23,102$15,946$10,751$7,108$4,628$607
34 years$22,178$15,113$10,045$6,540$4,190$510
35 years$21,308$14,335$9,391$6,021$3,795$428
36 years$20,488$13,606$8,785$5,545$3,439$360
37 years$19,715$12,922$8,223$5,109$3,117$302
38 years$18,984$12,281$7,700$4,709$2,826$254
39 years$18,292$11,678$7,214$4,342$2,562$213
40 years$17,636$11,111$6,762$4,005$2,324$179
41 years$17,014$10,576$6,341$3,695$2,109$151
42 years$16,424$10,072$5,948$3,410$1,913$127
43 years$15,862$9,597$5,581$3,148$1,736$106
44 years$15,327$9,148$5,239$2,907$1,576$89
45 years$14,817$8,723$4,919$2,684$1,431$75
46 years$14,332$8,322$4,620$2,479$1,299$63
47 years$13,868$7,941$4,341$2,291$1,180$53
48 years$13,424$7,581$4,079$2,117$1,071$45
49 years$13,001$7,240$3,834$1,956$973$37
50 years$12,595$6,916$3,605$1,808$884$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,900,000, adding $6,757 every year, while hoping to spend $52,898 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: 61/21/18 Blend
29$12,900,000$12,900,000$12,900,000$12,900,000
30$14,222,770$13,539,070$13,339,120$15,024,281
31$15,617,209$14,146,201$13,729,697$16,173,023
32$17,152,109$14,781,309$14,131,586$17,419,624
33$18,841,739$15,445,708$14,545,110$18,778,859
34$20,701,825$16,140,777$14,970,600$20,261,665
35$22,749,695$16,867,958$15,408,398$21,880,071
36$25,004,439$17,628,764$15,858,855$23,647,310
37$27,487,098$18,424,779$16,322,333$25,577,940
38$30,220,852$19,257,664$16,799,201$27,687,980
39$33,231,246$20,129,157$17,289,841$29,995,055
40$36,546,429$21,041,081$17,794,646$32,518,562
41$40,197,416$21,995,345$18,314,019$35,279,846
42$44,218,386$22,993,951$18,848,372$38,302,401
43$48,647,002$24,038,995$19,398,133$41,612,086
44$53,524,764$25,132,673$19,963,738$45,237,363
45$58,897,405$26,277,289$20,545,638$49,209,566
46$64,815,317$27,475,254$21,144,294$53,563,188
47$71,334,034$28,729,096$21,760,183$58,336,205
48$78,514,748$30,041,464$22,393,791$63,570,425
49$86,424,892$31,415,134$23,045,622$69,311,883
50$95,138,771$32,853,016$23,716,191$75,611,267
51$104,738,270$34,358,159$24,406,028$82,524,392
52$115,313,621$35,933,756$25,115,677$90,112,718
53$126,964,258$37,583,157$25,845,700$98,443,928
54$139,799,752$39,309,872$26,596,671$107,592,561
55$153,940,848$41,117,577$27,369,181$117,640,702
56$169,520,604$43,010,128$28,163,838$128,678,759
57$186,685,646$44,991,564$28,981,266$140,806,302
58$205,597,551$47,066,120$29,822,107$154,133,000
59$226,434,374$49,238,232$30,687,021$168,779,646
60$249,392,328$51,512,554$31,576,684$184,879,288
61$274,687,635$53,893,959$32,491,793$202,578,479
62$302,558,569$56,387,557$33,433,063$222,038,650
63$333,267,700$58,998,705$34,401,228$243,437,624
64$367,104,380$61,733,016$35,397,044$266,971,286
65$404,387,468$64,596,375$36,421,285$292,855,420
66$445,468,341$67,594,949$37,474,750$321,327,736
67$490,734,214$70,735,204$38,558,257$352,650,105
68$540,611,792$74,023,916$39,672,646$387,111,015
69$595,571,297$77,468,190$40,818,781$425,028,287
70$656,130,910$81,075,473$41,997,552$466,752,058
71$722,861,661$84,853,569$43,209,868$512,668,074
72$796,392,818$88,810,662$44,456,666$563,201,320
73$877,417,831$92,955,330$45,738,910$618,820,015
74$966,700,872$97,296,564$47,057,586$680,040,017
75$1,065,084,056$101,843,790$48,413,711$747,429,678
76$1,173,495,386$106,606,892$49,808,325$821,615,191
77$1,292,957,513$111,596,227$51,242,502$903,286,485
78$1,424,597,393$116,822,656$52,717,339$993,203,719
79$1,569,656,924$122,297,563$54,233,968$1,092,204,441
80$1,729,504,672$128,032,885$55,793,547$1,201,211,473
81$1,905,648,786$134,041,134$57,397,268$1,321,241,604
82$2,099,751,241$140,335,429$59,046,356$1,453,415,162
83$2,313,643,524$146,929,521$60,742,065$1,598,966,575
84$2,549,343,926$153,837,830$62,485,687$1,759,255,996
85$2,809,076,595$161,075,473$64,278,546$1,935,782,117
86$3,095,292,533$168,658,297$66,122,003$2,130,196,297
87$3,410,692,736$176,602,918$68,017,455$2,344,318,119
88$3,758,253,692$184,926,757$69,966,336$2,580,152,544
89$4,141,255,479$193,648,079$71,970,119$2,839,908,805
90$4,563,312,735$202,786,032$74,030,315$3,126,021,234
91$5,028,408,782$212,360,695$76,148,478$3,441,172,210
92$5,540,933,227$222,393,118$78,326,201$3,788,317,452
93$6,105,723,408$232,905,373$80,565,121$4,170,713,882
94$6,728,110,059$243,920,600$82,866,916$4,591,950,336
95$7,413,967,639$255,463,064$85,233,312$5,055,981,411
96$8,169,769,789$267,558,204$87,666,078$5,567,164,752
97$9,002,650,447$280,232,696$90,167,032$6,130,302,149
98$9,920,471,203$293,514,508$92,738,038$6,750,684,831
99$10,931,895,514$307,432,968$95,381,010$7,434,143,363
100$12,046,470,497$322,018,823$98,097,914$8,187,102,649