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

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 $12,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,065,270$1,055,781$1,046,523$1,037,487$1,028,664$997,334
2 years$527,361$517,540$508,021$498,792$489,840$458,544
3 years$348,082$338,218$328,723$319,581$310,775$280,495
4 years$258,460$248,626$239,226$230,240$221,647$192,615
5 years$204,701$194,926$185,649$176,846$168,493$140,787
6 years$168,873$159,172$150,032$141,425$133,322$106,968
7 years$143,292$133,672$124,678$116,274$108,427$83,422
8 years$124,114$114,582$105,736$97,539$89,951$66,279
9 years$109,207$99,764$91,071$83,082$75,751$53,388
10 years$97,287$87,937$79,398$71,617$64,544$43,457
11 years$87,542$78,285$69,900$62,328$55,510$35,662
12 years$79,426$70,265$62,035$54,670$48,104$29,454
13 years$72,564$63,499$55,424$48,266$41,947$24,453
14 years$66,688$57,718$49,799$42,845$36,771$20,386
15 years$61,600$52,727$44,962$38,210$32,376$17,053
16 years$57,152$48,376$40,764$34,213$28,614$14,305
17 years$53,231$44,552$37,094$30,740$25,371$12,028
18 years$49,750$41,168$33,862$27,703$22,559$10,132
19 years$46,639$38,154$30,999$25,032$20,107$8,549
20 years$43,843$35,455$28,449$22,671$17,960$7,223
21 years$41,316$33,025$26,168$20,576$16,072$6,110
22 years$39,022$30,828$24,118$18,708$14,407$5,173
23 years$36,931$28,832$22,268$17,038$12,932$4,383
24 years$35,017$27,014$20,595$15,539$11,624$3,716
25 years$33,258$25,351$19,075$14,192$10,460$3,153
26 years$31,638$23,826$17,691$12,976$9,422$2,676
27 years$30,140$22,423$16,427$11,877$8,494$2,272
28 years$28,751$21,129$15,271$10,882$7,665$1,930
29 years$27,461$19,933$14,211$9,979$6,921$1,640
30 years$26,259$18,825$13,237$9,158$6,254$1,394
31 years$25,136$17,796$12,341$8,411$5,654$1,185
32 years$24,086$16,838$11,514$7,730$5,114$1,007
33 years$23,102$15,946$10,751$7,108$4,628$857
34 years$22,178$15,113$10,045$6,540$4,190$728
35 years$21,308$14,335$9,391$6,021$3,795$620
36 years$20,488$13,606$8,785$5,545$3,439$527
37 years$19,715$12,922$8,223$5,109$3,117$448
38 years$18,984$12,281$7,700$4,709$2,826$381
39 years$18,292$11,678$7,214$4,342$2,562$324
40 years$17,636$11,111$6,762$4,005$2,324$276
41 years$17,014$10,576$6,341$3,695$2,109$235
42 years$16,424$10,072$5,948$3,410$1,913$200
43 years$15,862$9,597$5,581$3,148$1,736$170
44 years$15,327$9,148$5,239$2,907$1,576$145
45 years$14,817$8,723$4,919$2,684$1,431$123
46 years$14,332$8,322$4,620$2,479$1,299$105
47 years$13,868$7,941$4,341$2,291$1,180$89
48 years$13,424$7,581$4,079$2,117$1,071$76
49 years$13,001$7,240$3,834$1,956$973$65
50 years$12,595$6,916$3,605$1,808$884$55

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 $4,059 every year, while hoping to spend $27,617 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: 32/40/28 Blend
29$12,900,000$12,900,000$12,900,000$12,900,000
30$14,219,987$13,536,287$13,336,337$14,553,373
31$15,641,041$14,170,181$13,753,720$15,443,327
32$17,206,118$14,834,210$14,184,160$16,398,479
33$18,929,877$15,529,821$14,628,064$17,426,741
34$20,828,475$16,258,533$15,085,855$18,534,566
35$22,919,714$17,021,936$15,557,966$19,729,026
36$25,223,212$17,821,697$16,044,844$21,017,869
37$27,760,585$18,659,567$16,546,953$22,409,585
38$30,555,656$19,537,376$17,064,767$23,913,481
39$33,634,674$20,457,049$17,598,777$25,539,764
40$37,026,565$21,420,599$18,149,491$27,299,625
41$40,763,206$22,430,139$18,717,430$29,205,342
42$44,879,722$23,487,885$19,303,133$31,270,389
43$49,414,821$24,596,159$19,907,155$33,509,550
44$54,411,156$25,757,394$20,530,069$35,939,054
45$59,915,733$26,974,146$21,172,465$38,576,719
46$65,980,348$28,249,089$21,834,952$41,442,109
47$72,662,079$29,585,030$22,518,159$44,556,713
48$80,023,827$30,984,912$23,222,733$47,944,134
49$88,134,905$32,451,821$23,949,343$51,630,302
50$97,071,696$33,988,990$24,698,676$55,643,710
51$106,918,370$35,599,812$25,471,443$60,015,668
52$117,767,684$37,287,843$26,268,376$64,780,590
53$129,721,853$39,056,812$27,090,232$69,976,306
54$142,893,515$40,910,629$27,937,788$75,644,402
55$157,406,799$42,853,395$28,811,849$81,830,602
56$173,398,488$44,889,408$29,713,242$88,585,188
57$191,019,321$47,023,175$30,642,822$95,963,453
58$210,435,405$49,259,424$31,601,470$104,026,212
59$231,829,791$51,603,111$32,590,094$112,840,359
60$255,404,199$54,059,432$33,609,632$122,479,481
61$281,380,921$56,633,838$34,661,048$133,024,532
62$310,004,922$59,332,043$35,745,340$144,564,583
63$341,546,150$62,160,040$36,863,535$157,197,642
64$376,302,086$65,124,110$38,016,693$171,031,554
65$414,600,552$68,230,845$39,205,905$186,185,003
66$456,802,805$71,487,153$40,432,299$202,788,610
67$503,306,946$74,900,279$41,697,037$220,986,137
68$554,551,684$78,477,821$43,001,316$240,935,824
69$611,020,468$82,227,747$44,346,373$262,811,858
70$673,246,061$86,158,411$45,733,481$286,805,984
71$741,815,561$90,278,576$47,163,955$313,129,295
72$817,375,950$94,597,428$48,639,149$342,014,190
73$900,640,198$99,124,603$50,160,461$373,716,538
74$992,393,993$103,870,204$51,729,332$408,518,060
75$1,093,503,164$108,844,827$53,347,248$446,728,959
76$1,204,921,847$114,059,584$55,015,741$488,690,807
77$1,327,701,498$119,526,126$56,736,392$534,779,737
78$1,463,000,819$125,256,675$58,510,829$585,409,952
79$1,612,096,695$131,264,044$60,340,734$641,037,596
80$1,776,396,248$137,561,672$62,227,839$702,165,018
81$1,957,450,125$144,163,653$64,173,931$769,345,470
82$2,156,967,133$151,084,768$66,180,853$843,188,279
83$2,376,830,375$158,340,516$68,250,505$924,364,558
84$2,619,115,024$165,947,152$70,384,848$1,013,613,483
85$2,886,107,917$173,921,723$72,585,902$1,111,749,224
86$3,180,329,145$182,282,109$74,855,750$1,219,668,568
87$3,504,555,843$191,047,057$77,196,543$1,338,359,336
88$3,861,848,407$200,236,231$79,610,495$1,468,909,636
89$4,255,579,391$209,870,252$82,099,893$1,612,518,082
90$4,689,465,342$219,970,747$84,667,092$1,770,505,032
91$5,167,601,890$230,560,398$87,314,524$1,944,324,991
92$5,694,502,416$241,662,990$90,044,693$2,135,580,264
93$6,275,140,658$253,303,472$92,860,185$2,346,036,004
94$6,914,997,668$265,508,005$95,763,664$2,577,636,802
95$7,620,113,562$278,304,029$98,757,879$2,832,524,951
96$8,397,144,540$291,720,322$101,845,663$3,113,060,589
97$9,253,425,730$305,787,063$105,029,939$3,421,843,887
98$10,197,040,432$320,535,908$108,313,720$3,761,739,493
99$11,236,896,441$336,000,052$111,700,114$4,135,903,481
100$12,382,810,135$352,214,312$115,192,326$4,547,813,036