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%16.9%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,007,494
2 years$531,449$521,552$511,959$502,659$493,637$464,497
3 years$350,780$340,840$331,272$322,058$313,184$284,960
4 years$260,463$250,553$241,081$232,025$223,365$196,275
5 years$206,287$196,437$187,089$178,217$169,799$143,916
6 years$170,182$160,405$151,195$142,522$134,356$109,705
7 years$144,402$134,708$125,644$117,175$109,267$85,849
8 years$125,077$115,470$106,556$98,295$90,648$68,448
9 years$110,053$100,537$91,777$83,726$76,339$55,337
10 years$98,042$88,619$80,013$72,172$65,044$45,213
11 years$88,220$78,892$70,442$62,812$55,940$37,247
12 years$80,042$70,809$62,516$55,094$48,477$30,885
13 years$73,127$63,991$55,854$48,640$42,273$25,745
14 years$67,205$58,166$50,185$43,177$37,056$21,552
15 years$62,077$53,136$45,310$38,506$32,627$18,105
16 years$57,595$48,751$41,080$34,478$28,836$15,253
17 years$53,644$44,898$37,381$30,978$25,568$12,881
18 years$50,136$41,488$34,124$27,918$22,734$10,900
19 years$47,001$38,450$31,239$25,226$20,263$9,238
20 years$44,183$35,730$28,670$22,847$18,099$7,841
21 years$41,637$33,281$26,371$20,735$16,197$6,663
22 years$39,325$31,067$24,305$18,853$14,518$5,668
23 years$37,217$29,056$22,441$17,170$13,032$4,825
24 years$35,288$27,224$20,754$15,660$11,714$4,111
25 years$33,516$25,548$19,223$14,302$10,541$3,504
26 years$31,883$24,011$17,828$13,077$9,495$2,989
27 years$30,373$22,597$16,555$11,969$8,560$2,550
28 years$28,974$21,293$15,390$10,966$7,724$2,177
29 years$27,674$20,088$14,322$10,056$6,975$1,859
30 years$26,462$18,971$13,340$9,229$6,302$1,588
31 years$25,331$17,934$12,436$8,476$5,698$1,356
32 years$24,273$16,969$11,603$7,790$5,154$1,159
33 years$23,281$16,070$10,834$7,164$4,664$990
34 years$22,349$15,230$10,123$6,591$4,223$846
35 years$21,473$14,446$9,464$6,067$3,825$724
36 years$20,647$13,711$8,853$5,588$3,466$619
37 years$19,868$13,022$8,287$5,149$3,141$529
38 years$19,131$12,376$7,760$4,746$2,848$452
39 years$18,434$11,768$7,270$4,376$2,582$387
40 years$17,773$11,197$6,815$4,036$2,342$331
41 years$17,146$10,658$6,390$3,724$2,125$283
42 years$16,551$10,150$5,994$3,436$1,928$242
43 years$15,985$9,671$5,624$3,172$1,750$207
44 years$15,446$9,219$5,280$2,929$1,588$177
45 years$14,932$8,791$4,957$2,705$1,442$151
46 years$14,443$8,386$4,656$2,499$1,309$129
47 years$13,975$8,003$4,374$2,309$1,189$111
48 years$13,528$7,640$4,111$2,133$1,080$95
49 years$13,101$7,296$3,864$1,971$981$81
50 years$12,693$6,969$3,632$1,822$891$69

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 $2,374 every year, while hoping to spend $22,713 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: 75/6/19 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,328,449$13,639,449$13,437,949$15,339,463
31$15,765,784$14,283,615$13,863,954$16,653,900
32$17,348,966$14,958,585$14,303,468$18,091,254
33$19,092,848$15,665,842$14,756,922$19,666,196
34$21,013,796$16,406,946$15,224,756$21,392,440
35$23,129,844$17,183,528$15,707,427$23,285,084
36$25,460,868$17,997,301$16,205,405$25,360,754
37$28,028,768$18,850,059$16,719,177$27,637,758
38$30,857,676$19,743,686$17,249,244$30,136,261
39$33,974,187$20,680,155$17,796,122$32,878,468
40$37,407,607$21,661,535$18,360,344$35,888,835
41$41,190,229$22,689,997$18,942,462$39,194,297
42$45,357,641$23,767,815$19,543,043$42,824,523
43$49,949,058$24,897,375$20,162,672$46,812,189
44$55,007,694$26,081,179$20,801,954$51,193,288
45$60,581,173$27,321,851$21,461,514$56,007,468
46$66,721,971$28,622,140$22,141,993$61,298,401
47$73,487,919$29,984,931$22,844,056$67,114,195
48$80,942,742$31,413,249$23,568,388$73,507,846
49$89,156,668$32,910,264$24,315,695$80,537,734
50$98,207,084$34,479,303$25,086,707$88,268,172
51$108,179,271$36,123,853$25,882,175$96,770,012
52$119,167,205$37,847,570$26,702,876$106,121,308
53$131,274,448$39,654,289$27,549,611$116,408,054
54$144,615,123$41,548,031$28,423,205$127,724,987
55$159,314,994$43,533,013$29,324,510$140,176,483
56$175,512,650$45,613,657$30,254,408$153,877,538
57$193,360,813$47,794,599$31,213,803$168,954,847
58$213,027,784$50,080,702$32,203,634$185,548,000
59$234,699,028$52,477,066$33,224,865$203,810,795
60$258,578,924$54,989,038$34,278,493$223,912,684
61$284,892,698$57,622,225$35,365,547$246,040,371
62$313,888,547$60,382,508$36,487,087$270,399,569
63$345,839,982$63,276,053$37,644,207$297,216,939
64$381,048,409$66,309,329$38,838,037$326,742,221
65$419,845,977$69,489,117$40,069,742$359,250,593
66$462,598,713$72,822,529$41,340,524$395,045,258
67$509,709,973$76,317,025$42,651,623$434,460,306
68$561,624,257$79,980,426$44,004,319$477,863,857
69$618,831,400$83,820,935$45,399,933$525,661,538
70$681,871,197$87,847,156$46,839,825$578,300,298
71$751,338,503$92,068,110$48,325,402$636,272,627
72$827,888,841$96,493,258$49,858,114$700,121,197
73$912,244,599$101,132,524$51,439,457$770,443,980
74$1,005,201,844$105,996,313$53,070,975$847,899,882
75$1,107,637,839$111,095,540$54,754,260$933,214,964
76$1,220,519,326$116,441,648$56,490,954$1,027,189,278
77$1,344,911,651$122,046,643$58,282,755$1,130,704,424
78$1,481,988,822$127,923,112$60,131,411$1,244,731,855
79$1,633,044,595$134,084,257$62,038,726$1,370,342,044
80$1,799,504,684$140,543,926$64,006,564$1,508,714,583
81$1,982,940,222$147,316,639$66,036,844$1,661,149,304
82$2,185,082,596$154,417,625$68,131,549$1,829,078,547
83$2,407,839,790$161,862,858$70,292,726$2,014,080,668
84$2,653,314,399$169,669,088$72,522,482$2,217,894,930
85$2,923,823,479$177,853,885$74,822,997$2,442,437,915
86$3,221,920,422$186,435,674$77,196,515$2,689,821,600
87$3,550,419,062$195,433,779$79,645,356$2,962,373,293
88$3,912,420,241$204,868,468$82,171,909$3,262,657,584
89$4,311,341,080$214,760,997$84,778,643$3,593,500,547
90$4,750,947,245$225,133,661$87,468,102$3,958,016,409
91$5,235,388,494$236,009,841$90,242,913$4,359,636,931
92$5,769,237,856$247,414,059$93,105,787$4,802,143,798
93$6,357,534,805$259,372,035$96,059,518$5,289,704,304
94$7,005,832,835$271,910,745$99,106,993$5,826,910,677
95$7,720,251,893$285,058,481$102,251,186$6,418,823,417
96$8,507,536,155$298,844,914$105,495,169$7,071,019,057
97$9,375,117,696$313,301,169$108,842,110$7,789,642,790
98$10,331,186,659$328,459,884$112,295,279$8,581,466,465
99$11,384,768,576$344,355,296$115,858,048$9,453,952,501
100$12,545,809,575$361,023,310$119,533,898$10,415,324,319