Can I retire at age 30 with 12,700,000?

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 $12,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,048,754$1,039,412$1,030,298$1,021,402$1,012,716$984,244
2 years$519,185$509,516$500,145$491,059$482,246$453,778
3 years$342,685$332,974$323,627$314,626$305,956$278,384
4 years$254,453$244,771$235,517$226,670$218,211$191,746
5 years$201,527$191,904$182,771$174,105$165,880$140,595
6 years$166,255$156,704$147,706$139,233$131,255$107,173
7 years$141,070$131,600$122,745$114,471$106,746$83,868
8 years$122,190$112,805$104,097$96,027$88,556$66,869
9 years$107,513$98,217$89,659$81,794$74,577$54,060
10 years$95,779$86,574$78,167$70,507$63,543$44,169
11 years$86,184$77,071$68,817$61,362$54,649$36,387
12 years$78,195$69,175$61,073$53,823$47,358$30,172
13 years$71,439$62,514$54,565$47,517$41,297$25,151
14 years$65,654$56,824$49,027$42,181$36,201$21,055
15 years$60,645$51,909$44,264$37,618$31,874$17,687
16 years$56,266$47,626$40,132$33,683$28,170$14,901
17 years$52,406$43,862$36,519$30,264$24,978$12,584
18 years$48,979$40,530$33,337$27,274$22,209$10,648
19 years$45,916$37,563$30,518$24,644$19,795$9,025
20 years$43,163$34,905$28,008$22,320$17,682$7,660
21 years$40,676$32,513$25,762$20,257$15,823$6,510
22 years$38,417$30,350$23,744$18,418$14,183$5,537
23 years$36,358$28,385$21,923$16,774$12,732$4,714
24 years$34,474$26,595$20,275$15,299$11,443$4,016
25 years$32,743$24,958$18,779$13,972$10,297$3,424
26 years$31,147$23,457$17,417$12,775$9,276$2,920
27 years$29,672$22,076$16,173$11,693$8,363$2,491
28 years$28,306$20,802$15,035$10,713$7,546$2,127
29 years$27,035$19,624$13,991$9,824$6,814$1,816
30 years$25,852$18,533$13,032$9,016$6,157$1,551
31 years$24,747$17,520$12,150$8,281$5,566$1,325
32 years$23,713$16,577$11,336$7,610$5,035$1,132
33 years$22,744$15,699$10,584$6,998$4,557$967
34 years$21,834$14,879$9,889$6,439$4,126$827
35 years$20,977$14,112$9,246$5,927$3,737$707
36 years$20,171$13,395$8,649$5,459$3,386$604
37 years$19,409$12,722$8,095$5,030$3,068$517
38 years$18,689$12,090$7,581$4,636$2,782$442
39 years$18,008$11,497$7,103$4,275$2,523$378
40 years$17,363$10,938$6,657$3,943$2,288$323
41 years$16,751$10,412$6,242$3,638$2,076$276
42 years$16,169$9,916$5,856$3,357$1,884$236
43 years$15,616$9,448$5,495$3,099$1,710$202
44 years$15,089$9,006$5,158$2,861$1,552$173
45 years$14,588$8,588$4,843$2,643$1,409$148
46 years$14,109$8,193$4,549$2,441$1,279$126
47 years$13,653$7,818$4,273$2,255$1,161$108
48 years$13,216$7,464$4,016$2,084$1,055$92
49 years$12,799$7,127$3,775$1,926$958$79
50 years$12,400$6,808$3,549$1,780$870$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,700,000, adding $3,037 every year, while hoping to spend $34,106 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: 40/49/11 Blend
29$12,700,000$12,700,000$12,700,000$12,700,000
30$13,998,533$13,325,433$13,128,583$14,512,267
31$15,390,094$13,942,090$13,532,102$15,491,210
32$16,922,453$14,587,821$13,947,995$16,545,945
33$18,609,932$15,264,014$14,376,643$17,686,167
34$20,468,318$15,972,123$14,818,433$18,919,627
35$22,515,005$16,713,676$15,273,769$20,254,823
36$24,769,160$17,490,271$15,743,065$21,701,073
37$27,251,904$18,303,583$16,226,747$23,268,596
38$29,986,511$19,155,372$16,725,256$24,968,606
39$32,998,627$20,047,477$17,239,045$26,813,405
40$36,316,515$20,981,831$17,768,580$28,816,498
41$39,971,316$21,960,457$18,314,344$30,992,706
42$43,997,348$22,985,478$18,876,832$33,358,305
43$48,432,427$24,059,116$19,456,556$35,931,165
44$53,318,226$25,183,704$20,054,042$38,730,913
45$58,700,665$26,361,686$20,669,833$41,779,110
46$64,630,349$27,595,624$21,304,488$45,099,443
47$71,163,041$28,888,206$21,958,584$48,717,939
48$78,360,189$30,242,246$22,632,715$52,663,200
49$86,289,510$31,660,698$23,327,492$56,966,661
50$95,025,624$33,146,656$24,043,547$61,662,879
51$104,650,761$34,703,365$24,781,529$66,789,842
52$115,255,536$36,334,228$25,542,108$72,389,319
53$126,939,806$38,042,810$26,325,974$78,507,237
54$139,813,610$39,832,852$27,133,838$85,194,106
55$153,998,209$41,708,273$27,966,433$92,505,476
56$169,627,232$43,673,183$28,824,513$100,502,448
57$186,847,932$45,731,891$29,708,857$109,252,236
58$205,822,583$47,888,916$30,620,266$118,828,784
59$226,730,009$50,148,995$31,559,567$129,313,445
60$249,767,267$52,517,093$32,527,610$140,795,734
61$275,151,516$54,998,418$33,525,272$153,374,148
62$303,122,060$57,598,430$34,553,458$167,157,084
63$333,942,609$60,322,853$35,613,098$182,263,832
64$367,903,771$63,177,688$36,705,153$198,825,688
65$405,325,790$66,169,230$37,830,610$216,987,162
66$446,561,574$69,304,075$38,990,489$236,907,323
67$492,000,024$72,589,144$40,185,839$258,761,275
68$542,069,704$76,031,690$41,417,743$282,741,781
69$597,242,891$79,639,319$42,687,314$309,061,057
70$658,040,027$83,420,008$43,995,701$337,952,745
71$725,034,641$87,382,118$45,344,087$369,674,089
72$798,858,752$91,534,420$46,733,692$404,508,330
73$880,208,846$95,886,108$48,165,772$442,767,348
74$969,852,444$100,446,824$49,641,622$484,794,569
75$1,068,635,352$105,226,676$51,162,574$530,968,174
76$1,177,489,642$110,236,268$52,730,005$581,704,624
77$1,297,442,454$115,486,714$54,345,329$637,462,560
78$1,429,625,693$120,989,671$56,010,006$698,747,082
79$1,575,286,711$126,757,362$57,725,538$766,114,476
80$1,735,800,088$132,802,606$59,493,476$840,177,423
81$1,912,680,605$139,138,841$61,315,415$921,610,728
82$2,107,597,545$145,780,162$63,193,000$1,011,157,643
83$2,322,390,453$152,741,349$65,127,924$1,109,636,830
84$2,559,086,504$160,037,900$67,121,934$1,217,950,031
85$2,819,919,637$167,686,067$69,176,829$1,337,090,526
86$3,107,351,649$175,702,892$71,294,461$1,468,152,446
87$3,424,095,432$184,106,249$73,476,741$1,612,341,039
88$3,773,140,589$192,914,879$75,725,635$1,770,983,978
89$4,157,781,657$202,148,435$78,043,171$1,945,543,828
90$4,581,649,206$211,827,528$80,431,437$2,137,631,778
91$5,048,744,120$221,973,773$82,892,586$2,349,022,771
92$5,563,475,367$232,609,834$85,428,834$2,581,672,183
93$6,130,701,620$243,759,482$88,042,466$2,837,734,196
94$6,755,777,132$255,447,643$90,735,835$3,119,582,044
95$7,444,602,280$267,700,458$93,511,366$3,429,830,328
96$8,203,679,274$280,545,341$96,371,557$3,771,359,596
97$9,040,173,539$294,011,042$99,318,984$4,147,343,439
98$9,961,981,366$308,127,710$102,356,297$4,561,278,341
99$10,977,804,462$322,926,964$105,486,229$5,017,016,578
100$12,097,232,094$338,441,962$108,711,595$5,518,802,463