Can I retire at age 30 with 12,800,000?

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 $12,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,057,012$1,047,597$1,038,411$1,029,445$1,020,690$986,832
2 years$523,273$513,528$504,083$494,925$486,043$452,261
3 years$345,384$335,596$326,175$317,104$308,366$275,719
4 years$256,456$246,699$237,372$228,455$219,929$188,668
5 years$203,114$193,415$184,210$175,476$167,186$137,394
6 years$167,564$157,938$148,869$140,329$132,289$103,990
7 years$142,181$132,636$123,711$115,372$107,586$80,777
8 years$123,152$113,693$104,917$96,783$89,253$63,913
9 years$108,360$98,991$90,365$82,438$75,164$51,263
10 years$96,533$87,255$78,782$71,062$64,044$41,544
11 years$86,863$77,678$69,359$61,845$55,080$33,938
12 years$78,810$69,720$61,554$54,247$47,731$27,901
13 years$72,002$63,006$54,994$47,892$41,622$23,053
14 years$66,171$57,271$49,413$42,513$36,486$19,126
15 years$61,122$52,318$44,613$37,914$32,125$15,920
16 years$56,709$48,001$40,448$33,948$28,392$13,287
17 years$52,819$44,207$36,806$30,502$25,174$11,115
18 years$49,365$40,849$33,599$27,488$22,384$9,314
19 years$46,278$37,859$30,759$24,838$19,951$7,818
20 years$43,503$35,180$28,229$22,496$17,821$6,570
21 years$40,996$32,769$25,965$20,416$15,948$5,527
22 years$38,720$30,589$23,931$18,563$14,295$4,654
23 years$36,645$28,609$22,096$16,906$12,832$3,922
24 years$34,745$26,805$20,435$15,419$11,534$3,307
25 years$33,000$25,155$18,927$14,082$10,378$2,790
26 years$31,392$23,642$17,554$12,875$9,349$2,355
27 years$29,906$22,249$16,300$11,785$8,428$1,988
28 years$28,528$20,966$15,153$10,798$7,605$1,679
29 years$27,248$19,779$14,101$9,902$6,867$1,418
30 years$26,055$18,679$13,135$9,087$6,205$1,199
31 years$24,942$17,658$12,245$8,346$5,610$1,013
32 years$23,900$16,708$11,425$7,670$5,075$856
33 years$22,923$15,822$10,668$7,053$4,592$724
34 years$22,006$14,996$9,967$6,490$4,158$612
35 years$21,143$14,224$9,319$5,974$3,766$518
36 years$20,329$13,500$8,717$5,502$3,412$438
37 years$19,562$12,822$8,159$5,069$3,093$370
38 years$18,837$12,186$7,641$4,673$2,804$313
39 years$18,150$11,587$7,159$4,308$2,543$265
40 years$17,500$11,024$6,710$3,974$2,306$224
41 years$16,882$10,494$6,292$3,666$2,092$189
42 years$16,296$9,994$5,902$3,384$1,898$160
43 years$15,739$9,523$5,538$3,123$1,723$136
44 years$15,208$9,077$5,198$2,884$1,564$115
45 years$14,703$8,656$4,881$2,663$1,420$97
46 years$14,220$8,257$4,584$2,460$1,289$82
47 years$13,760$7,880$4,307$2,273$1,171$69
48 years$13,320$7,522$4,047$2,100$1,063$59
49 years$12,900$7,184$3,804$1,941$965$50
50 years$12,497$6,862$3,577$1,794$877$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,800,000, adding $2,520 every year, while hoping to spend $29,809 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: 34/50/16 Blend
29$12,800,000$12,800,000$12,800,000$12,800,000
30$14,108,199$13,429,799$13,231,399$14,517,766
31$15,515,519$14,056,143$13,642,935$15,443,844
32$17,065,387$14,712,178$14,067,257$16,438,870
33$18,772,310$15,399,329$14,504,764$17,511,243
34$20,652,276$16,119,087$14,955,865$18,667,804
35$22,722,903$16,873,017$15,420,981$19,916,045
36$25,003,602$17,662,758$15,900,547$21,264,171
37$27,515,766$18,490,029$16,395,012$22,721,173
38$30,282,968$19,356,634$16,904,838$24,296,904
39$33,331,182$20,264,461$17,430,502$26,002,169
40$36,689,034$21,215,491$17,972,495$27,848,811
41$40,388,067$22,211,801$18,531,325$29,849,822
42$44,463,038$23,255,568$19,107,513$32,019,454
43$48,952,251$24,349,074$19,701,597$34,373,345
44$53,897,914$25,494,712$20,314,135$36,928,656
45$59,346,540$26,694,992$20,945,696$39,704,225
46$65,349,383$27,952,542$21,596,873$42,720,734
47$71,962,926$29,270,122$22,268,274$46,000,892
48$79,249,408$30,650,622$22,960,526$49,569,640
49$87,277,420$32,097,075$23,674,275$53,454,375
50$96,122,542$33,612,657$24,410,189$57,685,191
51$105,868,066$35,200,702$25,168,955$62,295,160
52$116,605,776$36,864,703$25,951,281$67,320,619
53$128,436,815$38,608,324$26,757,900$72,801,508
54$141,472,645$40,435,406$27,589,564$78,781,729
55$155,836,090$42,349,976$28,447,049$85,309,542
56$171,662,503$44,356,257$29,331,158$92,438,008
57$189,101,041$46,458,677$30,242,714$100,225,474
58$208,316,072$48,661,877$31,182,570$108,736,099
59$229,488,729$50,970,726$32,151,603$118,040,450
60$252,818,615$53,390,327$33,150,718$128,216,140
61$278,525,694$55,926,034$34,180,848$139,348,547
62$306,852,362$58,583,456$35,242,953$151,531,594
63$338,065,737$61,368,480$36,338,026$164,868,616
64$372,460,180$64,287,274$37,467,088$179,473,310
65$410,360,077$67,346,309$38,631,194$195,470,783
66$452,122,896$70,552,368$39,831,430$212,998,710
67$498,142,564$73,912,567$41,068,915$232,208,605
68$548,853,186$77,434,364$42,344,805$253,267,221
69$604,733,145$81,125,581$43,660,290$276,358,100
70$666,309,613$84,994,422$45,016,596$301,683,266
71$734,163,532$89,049,487$46,414,991$329,465,108
72$808,935,096$93,299,796$47,856,777$359,948,442
73$891,329,796$97,754,806$49,343,300$393,402,782
74$982,125,081$102,424,437$50,875,945$430,124,857
75$1,082,177,693$107,319,089$52,456,144$470,441,360
76$1,192,431,761$112,449,668$54,085,368$514,712,004
77$1,313,927,711$117,827,611$55,765,138$563,332,865
78$1,447,812,086$123,464,913$57,497,019$616,740,080
79$1,595,348,376$129,374,151$59,282,626$675,413,918
80$1,757,928,941$135,568,514$61,123,624$739,883,260
81$1,937,088,156$142,061,835$63,021,729$810,730,547
82$2,134,516,901$148,868,618$64,978,710$888,597,217
83$2,352,078,519$156,004,074$66,996,391$974,189,708
84$2,591,826,410$163,484,157$69,076,652$1,068,286,067
85$2,856,023,417$171,325,593$71,221,433$1,171,743,229
86$3,147,163,185$179,545,927$73,432,731$1,285,505,047
87$3,467,993,710$188,163,557$75,712,607$1,410,611,131
88$3,821,543,274$197,197,777$78,063,185$1,548,206,588
89$4,211,149,041$206,668,822$80,486,655$1,699,552,762
90$4,640,488,560$216,597,910$82,985,275$1,866,039,061
91$5,113,614,483$227,007,297$85,561,371$2,049,195,990
92$5,634,992,826$237,920,321$88,217,343$2,250,709,515
93$6,209,545,135$249,361,458$90,955,665$2,472,436,887
94$6,842,694,945$261,356,375$93,778,886$2,716,424,081
95$7,540,418,987$273,931,995$96,689,635$2,984,925,014
96$8,309,303,609$287,116,548$99,690,624$3,280,422,715
97$9,156,606,962$300,939,644$102,784,644$3,605,652,660
98$10,090,327,520$315,432,334$105,974,578$3,963,628,482
99$11,119,279,594$330,627,186$109,263,394$4,357,670,298
100$12,253,176,548$346,558,353$112,654,153$4,791,435,934