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%17.1%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,022,170
2 years$539,626$529,576$519,835$510,392$501,232$470,829
3 years$356,177$346,083$336,368$327,013$318,002$288,566
4 years$264,470$254,408$244,790$235,594$226,802$198,558
5 years$209,461$199,459$189,967$180,959$172,411$145,437
6 years$172,800$162,873$153,521$144,714$136,423$110,743
7 years$146,624$136,781$127,577$118,978$110,948$86,563
8 years$127,001$117,246$108,195$99,807$92,042$68,937
9 years$111,746$102,084$93,189$85,014$77,513$55,664
10 years$99,550$89,982$81,244$73,283$66,045$45,423
11 years$89,578$80,106$71,526$63,778$56,801$37,372
12 years$81,273$71,899$63,477$55,942$49,222$30,948
13 years$74,252$64,975$56,713$49,388$42,923$25,763
14 years$68,239$59,061$50,957$43,841$37,626$21,537
15 years$63,032$53,953$46,007$39,099$33,129$18,067
16 years$58,481$49,501$41,712$35,009$29,279$15,199
17 years$54,469$45,589$37,956$31,455$25,961$12,817
18 years$50,907$42,126$34,649$28,347$23,083$10,829
19 years$47,724$39,042$31,720$25,614$20,575$9,165
20 years$44,863$36,280$29,111$23,199$18,378$7,767
21 years$42,277$33,793$26,776$21,054$16,446$6,590
22 years$39,930$31,544$24,679$19,143$14,742$5,597
23 years$37,790$29,503$22,786$17,434$13,233$4,757
24 years$35,831$27,642$21,073$15,901$11,894$4,047
25 years$34,032$25,941$19,518$14,522$10,703$3,444
26 years$32,373$24,380$18,102$13,278$9,641$2,933
27 years$30,841$22,945$16,809$12,153$8,692$2,498
28 years$29,420$21,621$15,627$11,135$7,843$2,129
29 years$28,100$20,397$14,542$10,211$7,082$1,815
30 years$26,869$19,262$13,545$9,371$6,399$1,548
31 years$25,721$18,209$12,628$8,607$5,785$1,320
32 years$24,647$17,230$11,782$7,910$5,233$1,126
33 years$23,639$16,317$11,001$7,274$4,736$961
34 years$22,693$15,465$10,279$6,693$4,288$820
35 years$21,803$14,668$9,610$6,161$3,884$699
36 years$20,965$13,922$8,990$5,674$3,519$597
37 years$20,173$13,223$8,414$5,228$3,189$510
38 years$19,425$12,566$7,880$4,819$2,891$435
39 years$18,717$11,949$7,382$4,443$2,622$371
40 years$18,046$11,369$6,919$4,098$2,378$317
41 years$17,410$10,822$6,488$3,781$2,158$271
42 years$16,806$10,307$6,086$3,489$1,958$231
43 years$16,231$9,820$5,711$3,221$1,777$197
44 years$15,683$9,361$5,361$2,974$1,613$168
45 years$15,162$8,926$5,034$2,747$1,464$144
46 years$14,665$8,515$4,728$2,537$1,329$123
47 years$14,190$8,126$4,442$2,344$1,207$105
48 years$13,737$7,757$4,174$2,166$1,096$90
49 years$13,303$7,408$3,923$2,002$996$76
50 years$12,888$7,076$3,688$1,850$904$65

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 $4,938 every year, while hoping to spend $59,463 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: 52/24/24 Blend
29$13,200,000$13,200,000$13,200,000$13,200,000
30$14,551,494$13,851,894$13,647,294$15,210,644
31$15,972,478$14,467,368$14,041,210$16,282,563
32$17,536,409$15,111,008$14,446,329$17,441,432
33$19,257,806$15,784,131$14,862,964$18,700,819
34$21,152,665$16,488,116$15,291,436$20,070,317
35$23,238,612$17,224,409$15,732,075$21,560,473
36$25,535,070$17,994,524$16,185,219$23,182,881
37$28,063,439$18,800,048$16,651,215$24,950,292
38$30,847,301$19,642,641$17,130,422$26,876,725
39$33,912,641$20,524,046$17,623,207$28,977,600
40$37,288,092$21,446,085$18,129,945$31,269,879
41$41,005,204$22,410,670$18,651,025$33,772,217
42$45,098,743$23,419,802$19,186,843$36,505,140
43$49,607,021$24,475,578$19,737,808$39,491,231
44$54,572,251$25,580,195$20,304,339$42,755,338
45$60,040,952$26,735,956$20,886,866$46,324,804
46$66,064,384$27,945,273$21,485,831$50,229,720
47$72,699,033$29,210,673$22,101,687$54,503,205
48$80,007,142$30,534,804$22,734,902$59,181,708
49$88,057,302$31,920,441$23,385,953$64,305,352
50$96,925,096$33,370,491$24,055,331$69,918,303
51$106,693,812$34,888,001$24,743,540$76,069,182
52$117,455,230$36,476,163$25,451,099$82,811,514
53$129,310,492$38,138,323$26,178,538$90,204,230
54$142,371,047$39,877,985$26,926,404$98,312,216
55$156,759,711$41,698,824$27,695,256$107,206,913
56$172,611,824$43,604,689$28,485,670$116,966,988
57$190,076,525$45,599,614$29,298,235$127,679,066
58$209,318,161$47,687,826$30,133,557$139,438,541
59$230,517,841$49,873,756$30,992,258$152,350,462
60$253,875,138$52,162,048$31,874,976$166,530,524
61$279,609,981$54,557,567$32,782,366$182,106,140
62$307,964,724$57,065,413$33,715,101$199,217,641
63$339,206,439$59,690,931$34,673,870$218,019,586
64$373,629,432$62,439,723$35,659,381$238,682,212
65$411,558,024$65,317,660$36,672,360$261,393,025
66$453,349,612$68,330,895$37,713,554$286,358,563
67$499,398,041$71,485,877$38,783,726$313,806,329
68$550,137,324$74,789,367$39,883,663$343,986,925
69$606,045,734$78,248,449$41,014,169$377,176,407
70$667,650,326$81,870,550$42,176,071$413,678,872
71$735,531,906$85,663,454$43,370,216$453,829,317
72$810,330,516$89,635,319$44,597,474$497,996,780
73$892,751,477$93,794,698$45,858,738$546,587,814
74$983,572,044$98,150,555$47,154,922$600,050,302
75$1,083,648,746$102,712,286$48,486,966$658,877,668
76$1,193,925,472$107,489,741$49,855,832$723,613,517
77$1,315,442,376$112,493,245$51,262,509$794,856,744
78$1,449,345,705$117,733,620$52,708,009$873,267,171
79$1,596,898,612$123,222,212$54,193,372$959,571,750
80$1,759,493,084$128,970,915$55,719,664$1,054,571,404
81$1,938,663,083$134,992,194$57,287,977$1,159,148,565
82$2,136,099,025$141,299,119$58,899,433$1,274,275,479
83$2,353,663,742$147,905,392$60,555,179$1,401,023,357
84$2,593,410,062$154,825,374$62,256,396$1,540,572,461
85$2,857,600,193$162,074,123$64,004,291$1,694,223,218
86$3,148,727,081$169,667,423$65,800,103$1,863,408,467
87$3,469,537,940$177,621,823$67,645,102$2,049,706,954
88$3,823,060,187$185,954,670$69,540,591$2,254,858,202
89$4,212,630,029$194,684,152$71,487,904$2,480,778,900
90$4,641,923,953$203,829,336$73,488,409$2,729,580,965
91$5,114,993,435$213,410,213$75,543,510$3,003,591,434
92$5,636,303,192$223,447,739$77,654,644$3,305,374,404
93$6,210,773,327$233,963,888$79,823,284$3,637,755,188
94$6,843,825,783$244,981,695$82,050,941$4,003,846,951
95$7,541,435,527$256,525,313$84,339,161$4,407,080,055
96$8,310,186,960$268,620,062$86,689,532$4,851,234,392
97$9,157,336,077$281,292,492$89,103,678$5,340,475,028
98$10,090,878,970$294,570,437$91,583,265$5,879,391,463
99$11,119,627,318$308,483,082$94,129,998$6,473,040,916
100$12,253,291,577$323,061,026$96,745,625$7,126,996,002