Can I retire at age 30 with 12,100,000?

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 $12,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$999,207$990,306$981,623$973,147$964,871$933,238
2 years$494,657$485,444$476,516$467,859$459,462$427,894
3 years$326,495$317,243$308,337$299,762$291,502$260,990
4 years$242,431$233,207$224,391$215,962$207,902$178,679
5 years$192,006$182,837$174,136$165,879$158,043$130,189
6 years$158,400$149,300$140,728$132,655$125,054$98,590
7 years$134,405$125,382$116,946$109,063$101,703$76,626
8 years$116,417$107,476$99,179$91,490$84,372$60,665
9 years$102,434$93,577$85,423$77,929$71,054$48,687
10 years$91,254$82,484$74,474$67,176$60,541$39,482
11 years$82,113$73,430$65,565$58,463$52,067$32,274
12 years$74,500$65,907$58,188$51,280$45,121$26,551
13 years$68,064$59,561$51,987$45,273$39,346$21,953
14 years$62,552$54,139$46,710$40,188$34,490$18,225
15 years$57,780$49,457$42,173$35,841$30,368$15,181
16 years$53,608$45,376$38,236$32,091$26,839$12,680
17 years$49,930$41,789$34,793$28,834$23,798$10,614
18 years$46,665$38,615$31,762$25,985$21,160$8,902
19 years$43,747$35,788$29,077$23,480$18,860$7,477
20 years$41,124$33,256$26,685$21,265$16,846$6,289
21 years$38,754$30,977$24,545$19,300$15,076$5,295
22 years$36,602$28,916$22,622$17,548$13,513$4,462
23 years$34,641$27,044$20,887$15,981$12,130$3,763
24 years$32,845$25,339$19,317$14,576$10,903$3,175
25 years$31,196$23,779$17,892$13,311$9,811$2,681
26 years$29,676$22,349$16,594$12,171$8,837$2,264
27 years$28,271$21,033$15,409$11,141$7,968$1,913
28 years$26,968$19,819$14,324$10,207$7,189$1,617
29 years$25,758$18,697$13,330$9,360$6,492$1,367
30 years$24,630$17,657$12,416$8,590$5,866$1,156
31 years$23,578$16,692$11,576$7,890$5,303$978
32 years$22,593$15,794$10,800$7,251$4,797$828
33 years$21,669$14,957$10,084$6,668$4,341$700
34 years$20,802$14,176$9,422$6,135$3,931$593
35 years$19,986$13,446$8,809$5,647$3,560$501
36 years$19,218$12,762$8,241$5,201$3,226$424
37 years$18,492$12,121$7,713$4,792$2,924$359
38 years$17,806$11,519$7,223$4,417$2,650$304
39 years$17,158$10,954$6,767$4,073$2,403$257
40 years$16,543$10,421$6,343$3,757$2,180$218
41 years$15,959$9,920$5,948$3,466$1,978$184
42 years$15,405$9,448$5,579$3,199$1,795$156
43 years$14,878$9,002$5,235$2,953$1,629$132
44 years$14,377$8,581$4,914$2,726$1,478$112
45 years$13,899$8,182$4,614$2,518$1,342$95
46 years$13,443$7,806$4,334$2,326$1,219$80
47 years$13,008$7,449$4,071$2,149$1,107$68
48 years$12,592$7,111$3,826$1,985$1,005$58
49 years$12,194$6,791$3,596$1,835$913$49
50 years$11,814$6,487$3,381$1,696$829$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,100,000, adding $4,464 every year, while hoping to spend $44,941 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: 52/22/26 Blend
29$12,100,000$12,100,000$12,100,000$12,100,000
30$13,338,805$12,697,505$12,509,955$13,935,215
31$14,651,546$13,271,865$12,881,221$14,923,584
32$16,096,680$13,872,864$13,263,419$15,993,212
33$17,687,665$14,501,757$13,656,867$17,155,882
34$19,439,327$15,159,864$14,061,892$18,420,483
35$21,368,006$15,848,565$14,478,833$19,796,788
36$23,491,705$16,569,307$14,908,037$21,295,540
37$25,830,263$17,323,606$15,349,859$22,928,554
38$28,405,539$18,113,052$15,804,669$24,708,822
39$31,241,621$18,939,309$16,272,843$26,650,633
40$34,365,054$19,804,123$16,754,770$28,769,705
41$37,805,085$20,709,321$17,250,851$31,083,329
42$41,593,946$21,656,820$17,761,497$33,610,526
43$45,767,152$22,648,628$18,287,131$36,372,226
44$50,363,840$23,686,849$18,828,188$39,391,459
45$55,427,136$24,773,688$19,385,116$42,693,566
46$61,004,563$25,911,458$19,958,376$46,306,439
47$67,148,488$27,102,580$20,548,442$50,260,771
48$73,916,621$28,349,592$21,155,801$54,590,350
49$81,372,550$29,655,157$21,780,955$59,332,365
50$89,586,353$31,022,062$22,424,419$64,527,752
51$98,635,247$32,453,229$23,086,724$70,221,581
52$108,604,329$33,951,724$23,768,415$76,463,466
53$119,587,367$35,520,755$24,470,055$83,308,035
54$131,687,696$37,163,690$25,192,218$90,815,432
55$145,019,184$38,884,054$25,935,501$99,051,884
56$159,707,314$40,685,545$26,700,513$108,090,314
57$175,890,362$42,572,039$27,487,882$118,011,025
58$193,720,707$44,547,597$28,298,255$128,902,445
59$213,366,268$46,616,478$29,132,295$140,861,961
60$235,012,086$48,783,144$29,990,686$153,996,822
61$258,862,076$51,052,275$30,874,130$168,425,149
62$285,140,945$53,428,774$31,783,351$184,277,034
63$314,096,319$55,917,782$32,719,091$201,695,764
64$346,001,078$58,524,687$33,682,115$220,839,157
65$381,155,931$61,255,140$34,673,209$241,881,049
66$419,892,255$64,115,061$35,693,181$265,012,915
67$462,575,224$67,110,658$36,742,862$290,445,671
68$509,607,256$70,248,440$37,823,107$318,411,650
69$561,431,810$73,535,227$38,934,795$349,166,783
70$618,537,574$76,978,173$40,078,830$382,993,002
71$681,463,077$80,584,774$41,256,141$420,200,885
72$750,801,774$84,362,890$42,467,684$461,132,577
73$827,207,645$88,320,762$43,714,442$506,165,001
74$911,401,374$92,467,029$44,997,425$555,713,403
75$1,004,177,148$96,810,747$46,317,673$610,235,254
76$1,106,410,156$101,361,412$47,676,253$670,234,551
77$1,219,064,848$106,128,978$49,074,264$736,266,555
78$1,343,204,046$111,123,881$50,512,836$808,943,019
79$1,479,998,972$116,357,065$51,993,129$888,937,936
80$1,630,740,305$121,839,999$53,516,337$976,993,887
81$1,796,850,371$127,584,713$55,083,688$1,073,929,026
82$1,979,896,561$133,603,816$56,696,444$1,180,644,782
83$2,181,606,137$139,910,530$58,355,902$1,298,134,345
84$2,403,882,534$146,518,717$60,063,396$1,427,492,018
85$2,648,823,329$153,442,912$61,820,296$1,569,923,519
86$2,918,740,046$160,698,352$63,628,014$1,726,757,340
87$3,216,179,976$168,301,016$65,487,997$1,899,457,257
88$3,543,950,224$176,267,656$67,401,736$2,089,636,123
89$3,905,144,214$184,615,839$69,370,761$2,299,071,057
90$4,303,170,890$193,363,981$71,396,648$2,529,720,196
91$4,741,786,899$202,531,394$73,481,013$2,783,741,140
92$5,225,132,057$212,138,326$75,625,521$3,063,511,290
93$5,757,768,432$222,206,009$77,831,881$3,371,650,254
94$6,344,723,413$232,756,705$80,101,851$3,711,044,537
95$6,991,537,175$243,813,758$82,437,237$4,084,874,754
96$7,704,314,978$255,401,643$84,839,895$4,496,645,612
97$8,489,784,809$267,546,026$87,311,734$4,950,218,952
98$9,355,360,897$280,273,820$89,854,716$5,449,850,165
99$10,309,213,715$293,613,243$92,470,855$6,000,228,312
100$11,360,347,110$307,593,888$95,162,225$6,606,520,343