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

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$1,010,791
2 years$527,361$517,540$508,021$498,792$489,840$471,891
3 years$348,082$338,218$328,723$319,581$310,775$293,309
4 years$258,460$248,626$239,226$230,240$221,647$204,799
5 years$204,701$194,926$185,649$176,846$168,493$152,311
6 years$168,873$159,172$150,032$141,425$133,322$117,825
7 years$143,292$133,672$124,678$116,274$108,427$93,619
8 years$124,114$114,582$105,736$97,539$89,951$75,828
9 years$109,207$99,764$91,071$83,082$75,751$62,306
10 years$97,287$87,937$79,398$71,617$64,544$51,765
11 years$87,542$78,285$69,900$62,328$55,510$43,383
12 years$79,426$70,265$62,035$54,670$48,104$36,612
13 years$72,564$63,499$55,424$48,266$41,947$31,074
14 years$66,688$57,718$49,799$42,845$36,771$26,497
15 years$61,600$52,727$44,962$38,210$32,376$22,682
16 years$57,152$48,376$40,764$34,213$28,614$19,479
17 years$53,231$44,552$37,094$30,740$25,371$16,774
18 years$49,750$41,168$33,862$27,703$22,559$14,478
19 years$46,639$38,154$30,999$25,032$20,107$12,520
20 years$43,843$35,455$28,449$22,671$17,960$10,846
21 years$41,316$33,025$26,168$20,576$16,072$9,409
22 years$39,022$30,828$24,118$18,708$14,407$8,172
23 years$36,931$28,832$22,268$17,038$12,932$7,106
24 years$35,017$27,014$20,595$15,539$11,624$6,184
25 years$33,258$25,351$19,075$14,192$10,460$5,386
26 years$31,638$23,826$17,691$12,976$9,422$4,695
27 years$30,140$22,423$16,427$11,877$8,494$4,094
28 years$28,751$21,129$15,271$10,882$7,665$3,573
29 years$27,461$19,933$14,211$9,979$6,921$3,119
30 years$26,259$18,825$13,237$9,158$6,254$2,724
31 years$25,136$17,796$12,341$8,411$5,654$2,379
32 years$24,086$16,838$11,514$7,730$5,114$2,079
33 years$23,102$15,946$10,751$7,108$4,628$1,817
34 years$22,178$15,113$10,045$6,540$4,190$1,589
35 years$21,308$14,335$9,391$6,021$3,795$1,389
36 years$20,488$13,606$8,785$5,545$3,439$1,215
37 years$19,715$12,922$8,223$5,109$3,117$1,063
38 years$18,984$12,281$7,700$4,709$2,826$930
39 years$18,292$11,678$7,214$4,342$2,562$814
40 years$17,636$11,111$6,762$4,005$2,324$712
41 years$17,014$10,576$6,341$3,695$2,109$623
42 years$16,424$10,072$5,948$3,410$1,913$545
43 years$15,862$9,597$5,581$3,148$1,736$477
44 years$15,327$9,148$5,239$2,907$1,576$418
45 years$14,817$8,723$4,919$2,684$1,431$366
46 years$14,332$8,322$4,620$2,479$1,299$320
47 years$13,868$7,941$4,341$2,291$1,180$280
48 years$13,424$7,581$4,079$2,117$1,071$245
49 years$13,001$7,240$3,834$1,956$973$215
50 years$12,595$6,916$3,605$1,808$884$188

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 $2,226 every year, while hoping to spend $39,128 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: 41/44/15 Blend
29$12,900,000$12,900,000$12,900,000$12,900,000
30$14,218,096$13,534,396$13,334,446$14,737,972
31$15,626,710$14,155,950$13,739,518$15,727,097
32$17,177,691$14,806,648$14,156,849$16,792,984
33$18,885,520$15,487,878$14,586,807$17,945,790
34$20,766,151$16,201,092$15,029,774$19,193,455
35$22,837,168$16,947,815$15,486,141$20,544,686
36$25,117,944$17,729,643$15,956,311$22,009,036
37$27,629,828$18,548,249$16,440,701$23,596,988
38$30,396,344$19,405,387$16,939,738$25,320,048
39$33,443,415$20,302,895$17,453,864$27,190,843
40$36,799,608$21,242,701$17,983,532$29,223,241
41$40,496,398$22,226,823$18,529,210$31,432,469
42$44,568,472$23,257,379$19,091,381$33,835,250
43$49,054,053$24,336,588$19,670,539$36,449,955
44$53,995,261$25,466,775$20,267,197$39,296,768
45$59,438,510$26,650,379$20,881,880$42,397,866
46$65,434,945$27,889,955$21,515,130$45,777,623
47$72,040,929$29,188,182$22,167,506$49,462,825
48$79,318,569$30,547,869$22,839,583$53,482,921
49$87,336,307$31,971,958$23,531,953$57,870,285
50$96,169,561$33,463,535$24,245,225$62,660,510
51$105,901,444$35,025,836$24,980,027$67,892,739
52$116,623,541$36,662,251$25,737,007$73,610,018
53$128,436,775$38,376,335$26,516,831$79,859,691
54$141,452,366$40,171,815$27,320,184$86,693,834
55$155,792,870$42,052,597$28,147,773$94,169,734
56$171,593,345$44,022,776$29,000,326$102,350,417
57$189,002,621$46,086,647$29,878,591$111,305,224
58$208,184,706$48,248,710$30,783,342$121,110,456
59$229,320,334$50,513,685$31,715,372$131,850,072
60$252,608,671$52,886,518$32,675,499$143,616,471
61$278,269,195$55,372,397$33,664,568$156,511,342
62$306,543,766$57,976,758$34,683,445$170,646,606
63$337,698,915$60,705,303$35,733,024$186,145,458
64$372,028,350$63,564,009$36,814,227$203,143,504
65$409,855,738$66,559,143$37,928,000$221,790,020
66$451,537,756$69,697,273$39,075,320$242,249,346
67$497,467,456$72,985,289$40,257,193$264,702,405
68$548,077,981$76,430,412$41,474,653$289,348,394
69$603,846,648$80,040,215$42,728,766$316,406,635
70$665,299,457$83,822,637$44,020,631$346,118,621
71$733,016,057$87,786,001$45,351,378$378,750,265
72$807,635,216$91,939,036$46,722,170$414,594,386
73$889,860,852$96,290,893$48,134,207$453,973,437
74$980,468,679$100,851,166$49,588,722$497,242,521
75$1,080,313,527$105,629,917$51,086,988$544,792,710
76$1,190,337,417$110,637,693$52,630,312$597,054,698
77$1,311,578,449$115,885,555$54,220,043$654,502,834
78$1,445,180,604$121,385,101$55,857,568$717,659,561
79$1,592,404,546$127,148,491$57,544,316$787,100,307
80$1,754,639,519$133,188,476$59,281,760$863,458,872
81$1,933,416,464$139,518,426$61,071,414$947,433,374
82$2,130,422,475$146,152,361$62,914,838$1,039,792,789
83$2,347,516,722$153,104,980$64,813,639$1,141,384,160
84$2,586,748,003$160,391,700$66,769,471$1,253,140,549
85$2,850,374,089$168,028,682$68,784,038$1,376,089,785
86$3,140,883,035$176,032,878$70,859,093$1,511,364,118
87$3,461,016,675$184,422,058$72,996,442$1,660,210,846
88$3,813,796,498$193,214,861$75,197,945$1,824,004,029
89$4,202,552,180$202,430,830$77,465,516$2,004,257,400
90$4,630,953,019$212,090,456$79,801,127$2,202,638,584
91$5,103,042,569$222,215,231$82,206,807$2,420,984,775
92$5,623,276,822$232,827,688$84,684,646$2,661,320,004
93$6,196,566,272$243,951,459$87,236,795$2,925,874,173
94$6,828,322,275$255,611,323$89,865,471$3,217,104,022
95$7,524,508,137$267,833,268$92,572,955$3,537,716,239
96$8,291,695,412$280,644,543$95,361,594$3,890,692,928
97$9,137,125,943$294,073,726$98,233,807$4,279,319,662
98$10,068,780,234$308,150,782$101,192,083$4,707,216,412
99$11,095,452,786$322,907,139$104,238,987$5,178,371,611
100$12,226,835,133$338,375,752$107,377,156$5,697,179,710