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

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 $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%15.3%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,014,050
2 years$531,449$521,552$511,959$502,659$493,637$470,994
3 years$350,780$340,840$331,272$322,058$313,184$291,192
4 years$260,463$250,553$241,081$232,025$223,365$202,195
5 years$206,287$196,437$187,089$178,217$169,799$149,509
6 years$170,182$160,405$151,195$142,522$134,356$114,968
7 years$144,402$134,708$125,644$117,175$109,267$90,785
8 years$125,077$115,470$106,556$98,295$90,648$73,065
9 years$110,053$100,537$91,777$83,726$76,339$59,642
10 years$98,042$88,619$80,013$72,172$65,044$49,217
11 years$88,220$78,892$70,442$62,812$55,940$40,962
12 years$80,042$70,809$62,516$55,094$48,477$34,324
13 years$73,127$63,991$55,854$48,640$42,273$28,920
14 years$67,205$58,166$50,185$43,177$37,056$24,477
15 years$62,077$53,136$45,310$38,506$32,627$20,794
16 years$57,595$48,751$41,080$34,478$28,836$17,719
17 years$53,644$44,898$37,381$30,978$25,568$15,139
18 years$50,136$41,488$34,124$27,918$22,734$12,962
19 years$47,001$38,450$31,239$25,226$20,263$11,119
20 years$44,183$35,730$28,670$22,847$18,099$9,552
21 years$41,637$33,281$26,371$20,735$16,197$8,218
22 years$39,325$31,067$24,305$18,853$14,518$7,077
23 years$37,217$29,056$22,441$17,170$13,032$6,101
24 years$35,288$27,224$20,754$15,660$11,714$5,264
25 years$33,516$25,548$19,223$14,302$10,541$4,545
26 years$31,883$24,011$17,828$13,077$9,495$3,927
27 years$30,373$22,597$16,555$11,969$8,560$3,394
28 years$28,974$21,293$15,390$10,966$7,724$2,935
29 years$27,674$20,088$14,322$10,056$6,975$2,540
30 years$26,462$18,971$13,340$9,229$6,302$2,198
31 years$25,331$17,934$12,436$8,476$5,698$1,903
32 years$24,273$16,969$11,603$7,790$5,154$1,647
33 years$23,281$16,070$10,834$7,164$4,664$1,427
34 years$22,349$15,230$10,123$6,591$4,223$1,236
35 years$21,473$14,446$9,464$6,067$3,825$1,071
36 years$20,647$13,711$8,853$5,588$3,466$928
37 years$19,868$13,022$8,287$5,149$3,141$804
38 years$19,131$12,376$7,760$4,746$2,848$697
39 years$18,434$11,768$7,270$4,376$2,582$604
40 years$17,773$11,197$6,815$4,036$2,342$524
41 years$17,146$10,658$6,390$3,724$2,125$454
42 years$16,551$10,150$5,994$3,436$1,928$394
43 years$15,985$9,671$5,624$3,172$1,750$341
44 years$15,446$9,219$5,280$2,929$1,588$296
45 years$14,932$8,791$4,957$2,705$1,442$257
46 years$14,443$8,386$4,656$2,499$1,309$222
47 years$13,975$8,003$4,374$2,309$1,189$193
48 years$13,528$7,640$4,111$2,133$1,080$167
49 years$13,101$7,296$3,864$1,971$981$145
50 years$12,693$6,969$3,632$1,822$891$126

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 $6,827 every year, while hoping to spend $24,632 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: 63/28/9 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,333,042$13,644,042$13,442,542$15,208,173
31$15,768,804$14,286,392$13,866,659$16,435,779
32$17,350,188$14,959,391$14,304,158$17,772,105
33$19,092,022$15,664,516$14,755,462$19,230,547
34$21,010,645$16,403,314$15,221,006$20,822,943
35$23,124,061$17,177,406$15,701,240$22,562,312
36$25,452,110$17,988,495$16,196,627$24,462,971
37$28,016,657$18,838,362$16,707,646$26,540,667
38$30,841,793$19,728,879$17,234,789$28,812,721
39$33,954,067$20,662,006$17,778,566$31,298,189
40$37,382,736$21,639,797$18,339,501$34,018,034
41$41,160,037$22,664,409$18,918,137$36,995,322
42$45,321,497$23,738,102$19,515,030$40,255,434
43$49,906,264$24,863,244$20,130,759$43,826,297
44$54,957,481$26,042,320$20,765,917$47,738,649
45$60,522,685$27,277,935$21,421,116$52,026,317
46$66,654,267$28,572,821$22,096,991$56,726,532
47$73,409,954$29,929,842$22,794,193$61,880,277
48$80,853,366$31,352,001$23,513,395$67,532,663
49$89,054,608$32,842,447$24,255,292$73,733,351
50$98,090,933$34,404,482$25,020,600$80,537,013
51$108,047,475$36,041,569$25,810,057$88,003,839
52$119,018,050$37,757,338$26,624,426$96,200,099
53$131,106,039$39,555,596$27,464,492$105,198,758
54$144,425,371$41,440,335$28,331,068$115,080,159
55$159,101,589$43,415,742$29,224,989$125,932,772
56$175,273,043$45,486,206$30,147,119$137,854,015
57$193,092,194$47,656,330$31,098,347$150,951,171
58$212,727,048$49,930,941$32,079,593$165,342,384
59$234,362,751$52,315,101$33,091,803$181,157,768
60$258,203,328$54,814,117$34,135,955$198,540,619
61$284,473,614$57,433,556$35,213,056$217,648,760
62$313,421,377$60,179,254$36,324,147$238,656,018
63$345,319,652$63,057,332$37,470,300$261,753,848
64$380,469,323$66,074,208$38,652,623$287,153,130
65$419,201,964$69,236,614$39,872,255$315,086,145
66$461,882,964$72,551,609$41,130,376$345,808,752
67$508,914,982$76,026,593$42,428,199$379,602,789
68$560,741,745$79,669,331$43,766,978$416,778,712
69$617,852,236$83,487,961$45,148,005$457,678,517
70$680,785,315$87,491,022$46,572,614$502,678,943
71$750,134,801$91,687,466$48,042,180$552,195,012
72$826,555,080$96,086,680$49,558,123$606,683,929
73$910,767,282$100,698,512$51,121,904$666,649,374
74$1,003,566,093$105,533,287$52,735,036$732,646,237
75$1,105,827,249$110,601,833$54,399,074$805,285,835
76$1,218,515,812$115,915,506$56,115,627$885,241,656
77$1,342,695,275$121,486,217$57,886,351$973,255,693
78$1,479,537,605$127,326,453$59,712,955$1,070,145,423
79$1,630,334,306$133,449,315$61,597,205$1,176,811,499
80$1,796,508,613$139,868,539$63,540,918$1,294,246,218
81$1,979,628,925$146,598,531$65,545,973$1,423,542,865
82$2,181,423,617$153,654,400$67,614,304$1,565,905,999
83$2,403,797,352$161,051,992$69,747,910$1,722,662,792
84$2,648,849,067$168,807,925$71,948,850$1,895,275,524
85$2,918,891,786$176,939,626$74,219,250$2,085,355,352
86$3,216,474,454$185,465,375$76,561,302$2,294,677,481
87$3,544,406,010$194,404,340$78,977,267$2,525,197,885
88$3,905,781,897$203,776,626$81,469,478$2,779,071,728
89$4,304,013,287$213,603,317$84,040,343$3,058,673,670
90$4,742,859,291$223,906,529$86,692,343$3,366,620,236
91$5,226,462,442$234,709,451$89,428,040$3,705,794,471
92$5,759,387,806$246,036,410$92,250,074$4,079,373,111
93$6,346,666,083$257,912,915$95,161,172$4,490,856,513
94$6,993,841,097$270,365,721$98,164,145$4,944,101,655
95$7,707,022,136$283,422,889$101,261,892$5,443,358,484
96$8,492,941,634$297,113,850$104,457,404$5,993,309,981
97$9,359,018,722$311,469,470$107,753,769$6,599,116,306
98$10,313,429,279$326,522,122$111,154,168$7,266,463,451
99$11,365,183,120$342,305,760$114,661,887$8,001,616,846
100$12,524,209,049$358,855,993$118,280,311$8,811,480,441