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%19.7%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$996,295
2 years$531,449$521,552$511,959$502,659$493,637$453,480
3 years$350,780$340,840$331,272$322,058$313,184$274,476
4 years$260,463$250,553$241,081$232,025$223,365$186,402
5 years$206,287$196,437$187,089$178,217$169,799$134,674
6 years$170,182$160,405$151,195$142,522$134,356$101,093
7 years$144,402$134,708$125,644$117,175$109,267$77,856
8 years$125,077$115,470$106,556$98,295$90,648$61,056
9 years$110,053$100,537$91,777$83,726$76,339$48,524
10 years$98,042$88,619$80,013$72,172$65,044$38,953
11 years$88,220$78,892$70,442$62,812$55,940$31,513
12 years$80,042$70,809$62,516$55,094$48,477$25,649
13 years$73,127$63,991$55,854$48,640$42,273$20,976
14 years$67,205$58,166$50,185$43,177$37,056$17,221
15 years$62,077$53,136$45,310$38,506$32,627$14,182
16 years$57,595$48,751$41,080$34,478$28,836$11,709
17 years$53,644$44,898$37,381$30,978$25,568$9,687
18 years$50,136$41,488$34,124$27,918$22,734$8,027
19 years$47,001$38,450$31,239$25,226$20,263$6,661
20 years$44,183$35,730$28,670$22,847$18,099$5,534
21 years$41,637$33,281$26,371$20,735$16,197$4,602
22 years$39,325$31,067$24,305$18,853$14,518$3,830
23 years$37,217$29,056$22,441$17,170$13,032$3,189
24 years$35,288$27,224$20,754$15,660$11,714$2,657
25 years$33,516$25,548$19,223$14,302$10,541$2,215
26 years$31,883$24,011$17,828$13,077$9,495$1,847
27 years$30,373$22,597$16,555$11,969$8,560$1,541
28 years$28,974$21,293$15,390$10,966$7,724$1,285
29 years$27,674$20,088$14,322$10,056$6,975$1,073
30 years$26,462$18,971$13,340$9,229$6,302$895
31 years$25,331$17,934$12,436$8,476$5,698$747
32 years$24,273$16,969$11,603$7,790$5,154$624
33 years$23,281$16,070$10,834$7,164$4,664$521
34 years$22,349$15,230$10,123$6,591$4,223$435
35 years$21,473$14,446$9,464$6,067$3,825$363
36 years$20,647$13,711$8,853$5,588$3,466$303
37 years$19,868$13,022$8,287$5,149$3,141$253
38 years$19,131$12,376$7,760$4,746$2,848$212
39 years$18,434$11,768$7,270$4,376$2,582$177
40 years$17,773$11,197$6,815$4,036$2,342$148
41 years$17,146$10,658$6,390$3,724$2,125$123
42 years$16,551$10,150$5,994$3,436$1,928$103
43 years$15,985$9,671$5,624$3,172$1,750$86
44 years$15,446$9,219$5,280$2,929$1,588$72
45 years$14,932$8,791$4,957$2,705$1,442$60
46 years$14,443$8,386$4,656$2,499$1,309$50
47 years$13,975$8,003$4,374$2,309$1,189$42
48 years$13,528$7,640$4,111$2,133$1,080$35
49 years$13,101$7,296$3,864$1,971$981$29
50 years$12,693$6,969$3,632$1,822$891$24

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 $2,611 every year, while hoping to spend $45,394 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: 63/27/10 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,328,693$13,639,693$13,438,193$15,199,628
31$15,741,921$14,259,739$13,840,074$16,402,048
32$17,297,777$14,908,646$14,253,896$17,708,898
33$19,010,760$15,587,780$14,680,012$19,134,671
34$20,896,850$16,298,573$15,118,784$20,690,903
35$22,973,650$17,042,525$15,570,585$22,390,281
36$25,260,562$17,821,208$16,035,799$24,246,758
37$27,778,962$18,636,270$16,514,821$26,275,683
38$30,552,406$19,489,438$17,008,058$28,493,941
39$33,606,852$20,382,520$17,515,928$30,920,109
40$36,970,901$21,317,414$18,038,862$33,574,627
41$40,676,072$22,296,106$18,577,302$36,479,984
42$44,757,095$23,320,680$19,131,706$39,660,931
43$49,252,243$24,393,317$19,702,543$43,144,704
44$54,203,689$25,516,307$20,290,295$46,961,282
45$59,657,905$26,692,046$20,895,460$51,143,658
46$65,666,103$27,923,047$21,518,549$55,728,152
47$72,284,714$29,211,945$22,160,089$60,754,743
48$79,575,924$30,561,500$22,820,622$66,267,441
49$87,608,261$31,974,606$23,500,705$72,314,700
50$96,457,237$33,454,295$24,200,911$78,949,864
51$106,206,065$35,003,746$24,921,833$86,231,665
52$116,946,446$36,626,291$25,664,076$94,224,775
53$128,779,427$38,325,423$26,428,266$103,000,400
54$141,816,362$40,104,802$27,215,046$112,636,954
55$156,179,959$41,968,266$28,025,079$123,220,782
56$172,005,441$43,919,837$28,859,045$134,846,973
57$189,441,819$45,963,732$29,717,646$147,620,248
58$208,653,299$48,104,369$30,601,602$161,655,936
59$229,820,836$50,346,383$31,511,655$177,081,054
60$253,143,835$52,694,631$32,448,570$194,035,497
61$278,842,041$55,154,202$33,413,132$212,673,347
62$307,157,606$57,730,435$34,406,148$233,164,318
63$338,357,379$60,428,923$35,428,452$255,695,342
64$372,735,425$63,255,534$36,480,898$280,472,327
65$410,615,798$66,216,414$37,564,367$307,722,084
66$452,355,601$69,318,011$38,679,766$337,694,454
67$498,348,360$72,567,081$39,828,025$370,664,658
68$549,027,733$75,970,708$41,010,105$406,935,872
69$604,871,609$79,536,321$42,226,991$446,842,083
70$666,406,617$83,271,704$43,479,699$490,751,217
71$734,213,096$87,185,021$44,769,273$539,068,602
72$808,930,576$91,284,831$46,096,787$592,240,772
73$891,263,812$95,580,105$47,463,347$650,759,668
74$981,989,441$100,080,251$48,870,089$715,167,259
75$1,081,963,311$104,795,130$50,318,185$786,060,641
76$1,192,128,561$109,735,084$51,808,836$864,097,650
77$1,313,524,524$114,910,952$53,343,281$950,003,054
78$1,447,296,538$120,334,102$54,922,794$1,044,575,366
79$1,594,706,762$126,016,450$56,548,685$1,148,694,364
80$1,757,146,087$131,970,491$58,222,301$1,263,329,366
81$1,936,147,269$138,209,327$59,945,030$1,389,548,359
82$2,133,399,399$144,746,692$61,718,297$1,528,528,047
83$2,350,763,847$151,596,989$63,543,569$1,681,564,938
84$2,590,291,837$158,775,319$65,422,355$1,850,087,548
85$2,854,243,808$166,297,514$67,356,208$2,035,669,856
86$3,145,110,761$174,180,176$69,346,725$2,240,046,129
87$3,465,637,766$182,440,712$71,395,548$2,465,127,262
88$3,818,849,885$191,097,374$73,504,366$2,713,018,779
89$4,208,080,728$200,169,300$75,674,917$2,986,040,673
90$4,637,003,924$209,676,558$77,908,989$3,286,749,266
91$5,109,667,804$219,640,188$80,208,419$3,617,961,303
92$5,630,533,617$230,082,255$82,575,099$3,982,780,496
93$6,204,517,654$241,025,894$85,010,973$4,384,626,784
94$6,837,037,656$252,495,363$87,518,041$4,827,268,565
95$7,534,063,963$264,516,102$90,098,361$5,314,858,226
96$8,302,175,879$277,114,783$92,754,049$5,851,971,290
97$9,148,623,789$290,319,378$95,487,280$6,443,649,556
98$10,081,397,603$304,159,216$98,300,292$7,095,448,639
99$11,109,302,194$318,665,052$101,195,387$7,813,490,359
100$12,242,040,517$333,869,139$104,174,931$8,604,520,470