Can I retire at age 30 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,040,296
2 years$539,626$529,576$519,835$510,392$501,232$488,861
3 years$356,177$346,083$336,368$327,013$318,002$305,935
4 years$264,470$254,408$244,790$235,594$226,802$215,131
5 years$209,461$199,459$189,967$180,959$172,411$161,171
6 years$172,800$162,873$153,521$144,714$136,423$125,628
7 years$146,624$136,781$127,577$118,978$110,948$100,602
8 years$127,001$117,246$108,195$99,807$92,042$82,144
9 years$111,746$102,084$93,189$85,014$77,513$68,058
10 years$99,550$89,982$81,244$73,283$66,045$57,028
11 years$89,578$80,106$71,526$63,778$56,801$48,214
12 years$81,273$71,899$63,477$55,942$49,222$41,056
13 years$74,252$64,975$56,713$49,388$42,923$35,166
14 years$68,239$59,061$50,957$43,841$37,626$30,269
15 years$63,032$53,953$46,007$39,099$33,129$26,159
16 years$58,481$49,501$41,712$35,009$29,279$22,685
17 years$54,469$45,589$37,956$31,455$25,961$19,730
18 years$50,907$42,126$34,649$28,347$23,083$17,202
19 years$47,724$39,042$31,720$25,614$20,575$15,029
20 years$44,863$36,280$29,111$23,199$18,378$13,155
21 years$42,277$33,793$26,776$21,054$16,446$11,533
22 years$39,930$31,544$24,679$19,143$14,742$10,125
23 years$37,790$29,503$22,786$17,434$13,233$8,899
24 years$35,831$27,642$21,073$15,901$11,894$7,830
25 years$34,032$25,941$19,518$14,522$10,703$6,896
26 years$32,373$24,380$18,102$13,278$9,641$6,077
27 years$30,841$22,945$16,809$12,153$8,692$5,360
28 years$29,420$21,621$15,627$11,135$7,843$4,730
29 years$28,100$20,397$14,542$10,211$7,082$4,177
30 years$26,869$19,262$13,545$9,371$6,399$3,689
31 years$25,721$18,209$12,628$8,607$5,785$3,261
32 years$24,647$17,230$11,782$7,910$5,233$2,883
33 years$23,639$16,317$11,001$7,274$4,736$2,549
34 years$22,693$15,465$10,279$6,693$4,288$2,255
35 years$21,803$14,668$9,610$6,161$3,884$1,995
36 years$20,965$13,922$8,990$5,674$3,519$1,766
37 years$20,173$13,223$8,414$5,228$3,189$1,563
38 years$19,425$12,566$7,880$4,819$2,891$1,384
39 years$18,717$11,949$7,382$4,443$2,622$1,225
40 years$18,046$11,369$6,919$4,098$2,378$1,085
41 years$17,410$10,822$6,488$3,781$2,158$961
42 years$16,806$10,307$6,086$3,489$1,958$851
43 years$16,231$9,820$5,711$3,221$1,777$754
44 years$15,683$9,361$5,361$2,974$1,613$668
45 years$15,162$8,926$5,034$2,747$1,464$592
46 years$14,665$8,515$4,728$2,537$1,329$525
47 years$14,190$8,126$4,442$2,344$1,207$465
48 years$13,737$7,757$4,174$2,166$1,096$412
49 years$13,303$7,408$3,923$2,002$996$365
50 years$12,888$7,076$3,688$1,850$904$324

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,200,000, adding $6,722 every year, while hoping to spend $43,091 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: 63/7/30 Blend
29$13,200,000$13,200,000$13,200,000$13,200,000
30$14,553,334$13,853,734$13,649,134$15,352,452
31$15,991,925$14,486,718$14,060,531$16,529,346
32$17,575,809$15,149,275$14,484,266$17,809,116
33$19,319,759$15,842,807$14,920,707$19,206,231
34$21,240,055$16,568,785$15,370,231$20,732,219
35$23,354,637$17,328,751$15,833,230$22,399,768
36$25,683,271$18,124,321$16,310,104$24,222,846
37$28,247,739$18,957,187$16,801,267$26,216,827
38$31,072,043$19,829,124$17,307,144$28,398,638
39$34,182,632$20,741,992$17,828,174$30,786,912
40$37,608,650$21,697,739$18,364,807$33,402,166
41$41,382,212$22,698,408$18,917,509$36,266,992
42$45,538,709$23,746,141$19,486,756$39,406,265
43$50,117,136$24,843,182$20,073,042$42,847,376
44$55,160,468$25,991,881$20,676,873$46,620,489
45$60,716,059$27,194,706$21,298,771$50,758,824
46$66,836,090$28,454,240$21,939,272$55,298,965
47$73,578,064$29,773,191$22,598,932$60,281,205
48$81,005,348$31,154,399$23,278,317$65,749,922
49$89,187,768$32,600,839$23,978,015$71,753,992
50$98,202,271$34,115,630$24,698,629$78,347,254
51$108,133,650$35,702,043$25,440,780$85,589,010
52$119,075,343$37,363,505$26,205,108$93,544,580
53$131,130,320$39,103,608$26,992,270$102,285,919
54$144,412,047$40,926,119$27,802,946$111,892,289
55$159,045,562$42,834,986$28,637,831$122,451,007
56$175,168,656$44,834,347$29,497,645$134,058,261
57$192,933,170$46,928,541$30,383,127$146,820,017
58$212,506,429$49,122,115$31,295,038$160,853,011
59$234,072,824$51,419,838$32,234,161$176,285,853
60$257,835,550$53,826,708$33,201,303$193,260,230
61$284,018,524$56,347,964$34,197,294$211,932,240
62$312,868,499$58,989,100$35,222,989$232,473,864
63$344,657,394$61,755,874$36,279,268$255,074,579
64$379,684,860$64,654,324$37,367,035$279,943,146
65$418,281,109$67,690,779$38,487,224$307,309,572
66$460,810,030$70,871,875$39,640,793$337,427,274
67$507,672,624$74,204,568$40,828,731$370,575,471
68$559,310,792$77,696,152$42,052,054$407,061,807
69$616,211,503$81,354,274$43,311,808$447,225,251
70$678,911,394$85,186,950$44,609,071$491,439,292
71$748,001,832$89,202,587$45,944,951$540,115,453
72$824,134,502$93,409,997$47,320,590$593,707,176
73$908,027,553$97,818,418$48,737,161$652,714,084
74$1,000,472,382$102,437,540$50,195,875$717,686,701
75$1,102,341,103$107,277,518$51,697,975$789,231,631
76$1,214,594,781$112,349,002$53,244,743$868,017,284
77$1,338,292,504$117,663,157$54,837,496$954,780,169
78$1,474,601,378$123,231,691$56,477,592$1,050,331,845
79$1,624,807,554$129,066,879$58,166,427$1,155,566,568
80$1,790,328,361$135,181,592$59,905,438$1,271,469,724
81$1,972,725,688$141,589,325$61,696,104$1,399,127,122
82$2,173,720,733$148,304,227$63,539,949$1,539,735,231
83$2,395,210,249$155,341,135$65,438,538$1,694,612,466
84$2,639,284,451$162,715,607$67,393,486$1,865,211,624
85$2,908,246,749$170,443,955$69,406,451$2,053,133,582
86$3,204,635,492$178,543,284$71,479,142$2,260,142,401
87$3,531,247,935$187,031,528$73,613,317$2,488,181,967
88$3,891,166,646$195,927,495$75,810,784$2,739,394,324
89$4,287,788,605$205,250,903$78,073,407$3,016,139,888
90$4,724,857,277$215,022,432$80,403,100$3,321,019,707
91$5,206,497,953$225,263,764$82,801,837$3,656,900,012
92$5,737,256,691$235,997,636$85,271,646$4,026,939,248
93$6,322,143,244$247,247,890$87,814,617$4,434,617,885
94$6,966,678,346$259,039,528$90,432,897$4,883,771,250
95$7,676,945,837$271,398,765$93,128,699$5,378,625,723
96$8,459,650,101$284,353,093$95,904,300$5,923,838,614
97$9,322,179,358$297,931,341$98,762,040$6,524,542,112
98$10,272,675,414$312,163,738$101,704,330$7,186,391,715
99$11,320,110,532$327,081,987$104,733,650$7,915,619,604
100$12,474,372,131$342,719,329$107,852,553$8,719,093,454