Can I retire at age 30 with 13,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,024,960
2 years$531,449$521,552$511,959$502,659$493,637$481,880
3 years$350,780$340,840$331,272$322,058$313,184$301,714
4 years$260,463$250,553$241,081$232,025$223,365$212,270
5 years$206,287$196,437$187,089$178,217$169,799$159,111
6 years$170,182$160,405$151,195$142,522$134,356$124,089
7 years$144,402$134,708$125,644$117,175$109,267$99,425
8 years$125,077$115,470$106,556$98,295$90,648$81,229
9 years$110,053$100,537$91,777$83,726$76,339$67,340
10 years$98,042$88,619$80,013$72,172$65,044$56,460
11 years$88,220$78,892$70,442$62,812$55,940$47,763
12 years$80,042$70,809$62,516$55,094$48,477$40,698
13 years$73,127$63,991$55,854$48,640$42,273$34,883
14 years$67,205$58,166$50,185$43,177$37,056$30,045
15 years$62,077$53,136$45,310$38,506$32,627$25,983
16 years$57,595$48,751$41,080$34,478$28,836$22,548
17 years$53,644$44,898$37,381$30,978$25,568$19,624
18 years$50,136$41,488$34,124$27,918$22,734$17,122
19 years$47,001$38,450$31,239$25,226$20,263$14,970
20 years$44,183$35,730$28,670$22,847$18,099$13,113
21 years$41,637$33,281$26,371$20,735$16,197$11,505
22 years$39,325$31,067$24,305$18,853$14,518$10,108
23 years$37,217$29,056$22,441$17,170$13,032$8,891
24 years$35,288$27,224$20,754$15,660$11,714$7,829
25 years$33,516$25,548$19,223$14,302$10,541$6,900
26 years$31,883$24,011$17,828$13,077$9,495$6,086
27 years$30,373$22,597$16,555$11,969$8,560$5,372
28 years$28,974$21,293$15,390$10,966$7,724$4,744
29 years$27,674$20,088$14,322$10,056$6,975$4,193
30 years$26,462$18,971$13,340$9,229$6,302$3,707
31 years$25,331$17,934$12,436$8,476$5,698$3,278
32 years$24,273$16,969$11,603$7,790$5,154$2,901
33 years$23,281$16,070$10,834$7,164$4,664$2,567
34 years$22,349$15,230$10,123$6,591$4,223$2,273
35 years$21,473$14,446$9,464$6,067$3,825$2,013
36 years$20,647$13,711$8,853$5,588$3,466$1,783
37 years$19,868$13,022$8,287$5,149$3,141$1,580
38 years$19,131$12,376$7,760$4,746$2,848$1,400
39 years$18,434$11,768$7,270$4,376$2,582$1,241
40 years$17,773$11,197$6,815$4,036$2,342$1,100
41 years$17,146$10,658$6,390$3,724$2,125$975
42 years$16,551$10,150$5,994$3,436$1,928$864
43 years$15,985$9,671$5,624$3,172$1,750$766
44 years$15,446$9,219$5,280$2,929$1,588$679
45 years$14,932$8,791$4,957$2,705$1,442$602
46 years$14,443$8,386$4,656$2,499$1,309$534
47 years$13,975$8,003$4,374$2,309$1,189$474
48 years$13,528$7,640$4,111$2,133$1,080$420
49 years$13,101$7,296$3,864$1,971$981$373
50 years$12,693$6,969$3,632$1,822$891$331

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,000,000, adding $3,235 every year, while hoping to spend $29,393 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: 39/32/29 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,329,337$13,640,337$13,438,837$14,764,854
31$15,759,655$14,277,439$13,857,764$15,721,254
32$17,334,881$14,944,775$14,289,740$16,751,799
33$19,069,764$15,643,794$14,735,171$17,865,632
34$20,980,556$16,376,016$15,194,476$19,070,374
35$23,085,168$17,143,036$15,668,086$20,374,386
36$25,403,336$17,946,525$16,156,447$21,786,845
37$27,956,806$18,788,235$16,660,018$23,317,823
38$30,769,543$19,670,002$17,179,272$24,978,379
39$33,867,956$20,593,751$17,714,697$26,780,653
40$37,281,144$21,561,501$18,266,796$28,737,982
41$41,041,175$22,575,369$18,836,088$30,865,014
42$45,183,386$23,637,574$19,423,108$33,177,840
43$49,746,717$24,750,440$20,028,407$35,694,143
44$54,774,078$25,916,408$20,652,555$38,433,354
45$60,312,756$27,138,033$21,296,137$41,416,830
46$66,414,858$28,417,998$21,959,759$44,668,046
47$73,137,806$29,759,112$22,644,043$48,212,812
48$80,544,876$31,164,323$23,349,633$52,079,505
49$88,705,799$32,636,720$24,077,191$56,299,330
50$97,697,413$34,179,543$24,827,400$60,906,602
51$107,604,397$35,796,188$25,600,966$65,939,066
52$118,520,062$37,490,217$26,398,614$71,438,238
53$130,547,234$39,265,364$27,221,094$77,449,791
54$143,799,230$41,125,544$28,069,178$84,023,969
55$158,400,918$43,074,863$28,943,662$91,216,057
56$174,489,905$45,117,624$29,845,368$99,086,886
57$192,217,829$47,258,342$30,775,142$107,703,396
58$211,751,796$49,501,749$31,733,857$117,139,256
59$233,275,951$51,852,806$32,722,413$127,475,543
60$256,993,222$54,316,718$33,741,738$138,801,498
61$283,127,233$56,898,939$34,792,789$151,215,347
62$311,924,415$59,605,192$35,876,552$164,825,218
63$343,656,334$62,441,474$36,994,045$179,750,142
64$378,622,250$65,414,077$38,146,315$196,121,163
65$417,151,949$68,529,596$39,334,446$214,082,554
66$459,608,849$71,794,947$40,559,551$233,793,160
67$506,393,436$75,217,384$41,822,780$255,427,882
68$557,947,041$78,804,511$43,125,319$279,179,304
69$614,756,012$82,564,304$44,468,389$305,259,491
70$677,356,296$86,505,126$45,853,251$333,901,969
71$746,338,507$90,635,746$47,281,204$365,363,904
72$822,353,497$94,965,360$48,753,586$399,928,508
73$906,118,502$99,503,612$50,271,781$437,907,688
74$998,423,915$104,260,614$51,837,210$479,644,957
75$1,100,140,741$109,246,970$53,451,344$525,518,658
76$1,212,228,827$114,473,803$55,115,694$575,945,501
77$1,335,745,920$119,952,772$56,831,823$631,384,467
78$1,471,857,655$125,696,108$58,601,340$692,341,109
79$1,621,848,554$131,716,636$60,425,903$759,372,293
80$1,787,134,159$138,027,804$62,307,224$833,091,419
81$1,969,274,394$144,643,717$64,247,066$914,174,171
82$2,169,988,288$151,579,165$66,247,248$1,003,364,867
83$2,391,170,208$158,849,658$68,309,646$1,101,483,436
84$2,634,907,742$166,471,464$70,436,192$1,209,433,121
85$2,903,501,406$174,461,641$72,628,879$1,328,208,962
86$3,199,486,367$182,838,079$74,889,764$1,458,907,145
87$3,525,656,370$191,619,538$77,220,964$1,602,735,298
88$3,885,090,118$200,825,694$79,624,665$1,761,023,847
89$4,281,180,338$210,477,181$82,103,119$1,935,238,518
90$4,717,665,808$220,595,638$84,658,649$2,126,994,126
91$5,198,666,655$231,203,759$87,293,649$2,338,069,753
92$5,728,723,255$242,325,345$90,010,588$2,570,425,493
93$6,312,839,096$253,985,355$92,812,011$2,826,220,886
94$6,956,528,013$266,209,967$95,700,543$3,107,835,242
95$7,665,866,249$279,026,634$98,678,889$3,417,890,036
96$8,447,549,815$292,464,148$101,749,841$3,759,273,581
97$9,308,957,709$306,552,704$104,916,273$4,135,168,221
98$10,258,221,579$321,323,970$108,181,152$4,549,080,296
99$11,304,302,494$336,811,159$111,547,535$5,004,873,160
100$12,457,075,546$353,049,103$115,018,574$5,506,803,567