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

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$990,949$982,122$973,510$965,105$956,897$931,121
2 years$490,569$481,432$472,578$463,993$455,665$429,880
3 years$323,797$314,621$305,789$297,285$289,093$264,106
4 years$240,428$231,280$222,536$214,177$206,183$182,187
5 years$190,419$181,326$172,697$164,508$156,737$133,797
6 years$157,091$148,067$139,565$131,559$124,021$102,159
7 years$133,294$124,346$115,979$108,162$100,862$80,080
8 years$115,455$106,588$98,360$90,734$83,675$63,961
9 years$101,588$92,804$84,717$77,285$70,466$51,803
10 years$90,500$81,802$73,858$66,621$60,041$42,405
11 years$81,434$72,823$65,024$57,980$51,637$35,001
12 years$73,885$65,362$57,707$50,856$44,748$29,080
13 years$67,502$59,068$51,557$44,898$39,021$24,290
14 years$62,035$53,692$46,324$39,856$34,205$20,376
15 years$57,302$49,048$41,825$35,544$30,117$17,153
16 years$53,165$45,001$37,920$31,826$26,618$14,482
17 years$49,518$41,444$34,506$28,595$23,601$12,257
18 years$46,279$38,296$31,499$25,770$20,985$10,395
19 years$43,385$35,493$28,836$23,286$18,704$8,830
20 years$40,784$32,981$26,464$21,090$16,707$7,512
21 years$38,434$30,721$24,342$19,140$14,951$6,398
22 years$36,300$28,677$22,435$17,403$13,401$5,455
23 years$34,354$26,821$20,715$15,849$12,030$4,655
24 years$32,574$25,129$19,158$14,455$10,813$3,975
25 years$30,938$23,583$17,744$13,201$9,730$3,397
26 years$29,430$22,164$16,457$12,071$8,764$2,904
27 years$28,037$20,859$15,281$11,049$7,902$2,484
28 years$26,745$19,655$14,206$10,123$7,130$2,126
29 years$25,545$18,542$13,220$9,283$6,438$1,819
30 years$24,427$17,511$12,314$8,519$5,817$1,558
31 years$23,383$16,554$11,480$7,824$5,259$1,334
32 years$22,406$15,663$10,711$7,191$4,757$1,143
33 years$21,490$14,834$10,001$6,613$4,305$979
34 years$20,630$14,059$9,344$6,084$3,898$839
35 years$19,821$13,335$8,736$5,601$3,531$719
36 years$19,059$12,656$8,172$5,158$3,199$616
37 years$18,339$12,021$7,649$4,753$2,899$528
38 years$17,659$11,424$7,163$4,381$2,629$453
39 years$17,016$10,863$6,711$4,039$2,384$388
40 years$16,406$10,335$6,290$3,725$2,162$333
41 years$15,827$9,838$5,898$3,437$1,961$285
42 years$15,278$9,370$5,533$3,172$1,780$245
43 years$14,755$8,927$5,192$2,928$1,615$210
44 years$14,258$8,510$4,873$2,704$1,466$180
45 years$13,784$8,115$4,576$2,497$1,331$154
46 years$13,332$7,741$4,298$2,307$1,209$132
47 years$12,900$7,387$4,038$2,131$1,097$113
48 years$12,488$7,052$3,794$1,969$997$97
49 years$12,094$6,735$3,567$1,820$905$83
50 years$11,716$6,433$3,353$1,682$822$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,000,000, adding $6,371 every year, while hoping to spend $58,929 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: 45/38/17 Blend
29$12,000,000$12,000,000$12,000,000$12,000,000
30$13,230,572$12,594,572$12,408,572$13,761,151
31$14,517,390$13,149,006$12,761,559$14,687,175
32$15,933,489$13,728,632$13,124,396$15,684,356
33$17,491,992$14,334,623$13,497,351$16,764,448
34$19,207,362$14,968,205$13,880,698$17,935,158
35$21,095,531$15,630,666$14,274,720$19,204,951
36$23,174,058$16,323,351$14,679,706$20,583,122
37$25,462,288$17,047,672$15,095,953$22,079,878
38$27,981,539$17,805,105$15,523,765$23,706,434
39$30,755,300$18,597,199$15,963,454$25,475,110
40$33,809,452$19,425,574$16,415,342$27,399,443
41$37,172,518$20,291,928$16,879,757$29,494,312
42$40,875,923$21,198,041$17,357,037$31,776,070
43$44,954,297$22,145,775$17,847,528$34,262,693
44$49,445,799$23,137,082$18,351,584$36,973,946
45$54,392,479$24,174,008$18,869,571$39,931,559
46$59,840,672$25,258,694$19,401,861$43,159,430
47$65,841,435$26,393,384$19,948,839$46,683,841
48$72,451,032$27,580,431$20,510,895$50,533,699
49$79,731,462$28,822,296$21,088,435$54,740,802
50$87,751,044$30,121,562$21,681,870$59,340,132
51$96,585,063$31,480,931$22,291,625$64,370,175
52$106,316,479$32,903,236$22,918,135$69,873,276
53$117,036,712$34,391,446$23,561,844$75,896,032
54$128,846,501$35,948,671$24,223,210$82,489,720
55$141,856,858$37,578,170$24,902,701$89,710,773
56$156,190,113$39,283,356$25,600,797$97,621,300
57$171,981,072$41,067,808$26,317,992$106,289,663
58$189,378,285$42,935,275$27,054,788$115,791,113
59$208,545,451$44,889,684$27,811,705$126,208,484
60$229,662,962$46,935,153$28,589,271$137,632,967
61$252,929,603$49,075,995$29,388,031$150,164,956
62$278,564,434$51,316,730$30,208,541$163,914,982
63$306,808,852$53,662,095$31,051,373$179,004,742
64$337,928,872$56,117,055$31,917,111$195,568,236
65$372,217,638$58,686,812$32,806,356$213,753,014
66$409,998,189$61,376,818$33,719,721$233,721,551
67$451,626,508$64,192,786$34,657,835$255,652,768
68$497,494,884$67,140,704$35,621,344$279,743,702
69$548,035,612$70,226,848$36,610,909$306,211,346
70$603,725,076$73,457,796$37,627,206$335,294,680
71$665,088,245$76,840,439$38,670,929$367,256,907
72$732,703,628$80,382,003$39,742,787$402,387,913
73$807,208,736$84,090,059$40,843,509$441,006,988
74$889,306,100$87,972,545$41,973,839$483,465,810
75$979,769,900$92,037,777$43,134,541$530,151,748
76$1,079,453,277$96,294,475$44,326,395$581,491,485
77$1,189,296,384$100,751,777$45,550,202$637,955,028
78$1,310,335,262$105,419,262$46,806,781$700,060,112
79$1,443,711,622$110,306,968$48,096,970$768,377,062
80$1,590,683,618$115,425,420$49,421,630$843,534,143
81$1,752,637,730$120,785,649$50,781,637$926,223,462
82$1,931,101,850$126,399,217$52,177,893$1,017,207,469
83$2,127,759,704$132,278,245$53,611,319$1,117,326,117
84$2,344,466,752$138,435,437$55,082,856$1,227,504,759
85$2,583,267,699$144,884,111$56,593,470$1,348,762,845
86$2,846,415,801$151,638,229$58,144,148$1,482,223,501
87$3,136,394,135$158,712,425$59,735,899$1,629,124,099
88$3,455,939,043$166,122,040$61,369,758$1,790,827,888
89$3,808,065,962$173,883,156$63,046,781$1,968,836,820
90$4,196,097,892$182,012,633$64,768,050$2,164,805,683
91$4,623,696,769$190,528,144$66,534,672$2,380,557,670
92$5,094,898,033$199,448,217$68,347,778$2,618,101,541
93$5,614,148,729$208,792,276$70,208,524$2,879,650,534
94$6,186,349,485$218,580,683$72,118,095$3,167,643,194
95$6,816,900,782$228,834,786$74,077,701$3,484,766,344
96$7,511,753,936$239,576,965$76,088,579$3,833,980,382
97$8,277,467,284$250,830,683$78,151,993$4,218,547,161
98$9,121,268,099$262,620,538$80,269,237$4,642,060,720
99$10,051,120,820$274,972,320$82,441,631$5,108,481,138
100$11,075,802,245$287,913,065$84,670,527$5,622,171,845