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%19.8%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$995,902
2 years$531,449$521,552$511,959$502,659$493,637$453,094
3 years$350,780$340,840$331,272$322,058$313,184$274,111
4 years$260,463$250,553$241,081$232,025$223,365$186,060
5 years$206,287$196,437$187,089$178,217$169,799$134,356
6 years$170,182$160,405$151,195$142,522$134,356$100,799
7 years$144,402$134,708$125,644$117,175$109,267$77,585
8 years$125,077$115,470$106,556$98,295$90,648$60,808
9 years$110,053$100,537$91,777$83,726$76,339$48,296
10 years$98,042$88,619$80,013$72,172$65,044$38,746
11 years$88,220$78,892$70,442$62,812$55,940$31,325
12 years$80,042$70,809$62,516$55,094$48,477$25,479
13 years$73,127$63,991$55,854$48,640$42,273$20,823
14 years$67,205$58,166$50,185$43,177$37,056$17,083
15 years$62,077$53,136$45,310$38,506$32,627$14,058
16 years$57,595$48,751$41,080$34,478$28,836$11,598
17 years$53,644$44,898$37,381$30,978$25,568$9,588
18 years$50,136$41,488$34,124$27,918$22,734$7,940
19 years$47,001$38,450$31,239$25,226$20,263$6,584
20 years$44,183$35,730$28,670$22,847$18,099$5,465
21 years$41,637$33,281$26,371$20,735$16,197$4,541
22 years$39,325$31,067$24,305$18,853$14,518$3,776
23 years$37,217$29,056$22,441$17,170$13,032$3,142
24 years$35,288$27,224$20,754$15,660$11,714$2,616
25 years$33,516$25,548$19,223$14,302$10,541$2,179
26 years$31,883$24,011$17,828$13,077$9,495$1,815
27 years$30,373$22,597$16,555$11,969$8,560$1,513
28 years$28,974$21,293$15,390$10,966$7,724$1,261
29 years$27,674$20,088$14,322$10,056$6,975$1,052
30 years$26,462$18,971$13,340$9,229$6,302$877
31 years$25,331$17,934$12,436$8,476$5,698$732
32 years$24,273$16,969$11,603$7,790$5,154$610
33 years$23,281$16,070$10,834$7,164$4,664$509
34 years$22,349$15,230$10,123$6,591$4,223$425
35 years$21,473$14,446$9,464$6,067$3,825$355
36 years$20,647$13,711$8,853$5,588$3,466$296
37 years$19,868$13,022$8,287$5,149$3,141$247
38 years$19,131$12,376$7,760$4,746$2,848$206
39 years$18,434$11,768$7,270$4,376$2,582$172
40 years$17,773$11,197$6,815$4,036$2,342$144
41 years$17,146$10,658$6,390$3,724$2,125$120
42 years$16,551$10,150$5,994$3,436$1,928$100
43 years$15,985$9,671$5,624$3,172$1,750$83
44 years$15,446$9,219$5,280$2,929$1,588$70
45 years$14,932$8,791$4,957$2,705$1,442$58
46 years$14,443$8,386$4,656$2,499$1,309$49
47 years$13,975$8,003$4,374$2,309$1,189$41
48 years$13,528$7,640$4,111$2,133$1,080$34
49 years$13,101$7,296$3,864$1,971$981$28
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 $4,377 every year, while hoping to spend $21,731 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: 62/30/8 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,330,515$13,641,515$13,440,015$15,195,022
31$15,769,106$14,286,827$13,867,134$16,418,547
32$17,353,705$14,963,032$14,307,833$17,750,506
33$19,099,181$15,671,619$14,762,544$19,203,734
34$21,021,922$16,414,153$15,231,713$20,789,955
35$23,139,982$17,192,271$15,715,800$22,522,062
36$25,473,260$18,007,692$16,215,279$24,414,227
37$28,043,682$18,862,218$16,730,640$26,482,040
38$30,875,410$19,757,739$17,262,389$28,742,646
39$33,995,069$20,696,236$17,811,046$31,214,903
40$37,432,000$21,679,785$18,377,150$33,919,555
41$41,218,535$22,710,565$18,961,256$36,879,425
42$45,390,303$23,790,861$19,563,936$40,119,623
43$49,986,568$24,923,066$20,185,781$43,667,776
44$55,050,594$26,109,693$20,827,401$47,554,288
45$60,630,061$27,353,375$21,489,426$51,812,614
46$66,777,510$28,656,873$22,172,504$56,479,575
47$73,550,838$30,023,082$22,877,305$61,595,696
48$81,013,850$31,455,039$23,604,521$67,205,584
49$89,236,855$32,955,928$24,354,865$73,358,338
50$98,297,334$34,529,088$25,129,072$80,108,006
51$108,280,668$36,178,020$25,927,903$87,514,092
52$119,280,949$37,906,395$26,752,140$95,642,100
53$131,401,861$39,718,064$27,602,592$104,564,152
54$144,757,665$41,617,063$28,480,093$114,359,655
55$159,474,275$43,607,627$29,385,504$125,116,041
56$175,690,446$45,694,196$30,319,713$136,929,585
57$193,559,084$47,881,425$31,283,637$149,906,299
58$213,248,693$50,174,197$32,278,220$164,162,926
59$234,944,959$52,577,632$33,304,440$179,828,028
60$258,852,508$55,097,099$34,363,303$197,043,185
61$285,196,838$57,738,230$35,455,847$215,964,324
62$314,226,442$60,506,930$36,583,144$236,763,175
63$346,215,160$63,409,391$37,746,301$259,628,875
64$381,464,764$66,452,108$38,946,459$284,769,744
65$420,307,799$69,641,892$40,184,795$312,415,234
66$463,110,734$72,985,884$41,462,525$342,818,077
67$510,277,412$76,491,575$42,780,903$376,256,656
68$562,252,866$80,166,820$44,141,221$413,037,615
69$619,527,522$84,019,858$45,544,816$453,498,737
70$682,641,827$88,059,328$46,993,064$498,012,107
71$752,191,349$92,294,291$48,487,388$546,987,613
72$828,832,404$96,734,249$50,029,253$600,876,787
73$913,288,249$101,389,167$51,620,173$660,177,048
74$1,006,355,911$106,269,497$53,261,709$725,436,375
75$1,108,913,710$111,386,199$54,955,473$797,258,455
76$1,221,929,555$116,750,768$56,703,127$876,308,357
77$1,346,470,075$122,375,261$58,506,387$963,318,780
78$1,483,710,694$128,272,321$60,367,023$1,059,096,947
79$1,634,946,728$134,455,208$62,286,861$1,164,532,194
80$1,801,605,610$140,937,829$64,267,787$1,280,604,332
81$1,985,260,369$147,734,769$66,311,744$1,408,392,870
82$2,187,644,479$154,861,325$68,420,740$1,549,087,165
83$2,410,668,226$162,333,541$70,596,846$1,703,997,623
84$2,656,436,743$170,168,241$72,842,197$1,874,568,024
85$2,927,269,878$178,383,073$75,158,999$2,062,389,120
86$3,225,724,107$186,996,545$77,549,526$2,269,213,609
87$3,554,616,656$196,028,066$80,016,126$2,496,972,636
88$3,917,052,110$205,497,996$82,561,221$2,747,793,984
89$4,316,451,713$215,427,686$85,187,310$3,024,022,112
90$4,756,585,675$225,839,529$87,896,971$3,328,240,236
91$5,241,608,761$236,757,014$90,692,868$3,663,294,673
92$5,776,099,520$248,204,772$93,577,744$4,032,321,648
93$6,365,103,506$260,208,641$96,554,433$4,438,776,851
94$7,014,180,916$272,795,717$99,625,859$4,886,468,001
95$7,729,459,084$285,994,421$102,795,039$5,379,590,730
96$8,517,690,323$299,834,560$106,065,085$5,922,768,128
97$9,386,315,680$314,347,398$109,439,210$6,521,094,321
98$10,343,535,184$329,565,725$112,920,728$7,180,182,489
99$11,398,385,259$345,523,932$116,513,059$7,906,217,785
100$12,560,824,041$362,258,090$120,219,732$8,706,015,649