Can I retire at age 30 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,037,875
2 years$543,714$533,587$523,774$514,258$505,029$482,284
3 years$358,875$348,705$338,916$329,490$320,411$298,317
4 years$266,474$256,335$246,644$237,379$228,520$207,246
5 years$211,048$200,970$191,406$182,330$173,717$153,325
6 years$174,109$164,107$154,685$145,811$137,456$117,967
7 years$147,735$137,817$128,544$119,879$111,789$93,205
8 years$127,963$118,135$109,015$100,564$92,740$75,056
9 years$112,593$102,857$93,895$85,658$78,100$61,305
10 years$100,304$90,664$81,860$73,838$66,545$50,620
11 years$90,256$80,713$72,068$64,261$57,231$42,157
12 years$81,889$72,443$63,958$56,366$49,595$35,348
13 years$74,814$65,468$57,143$49,762$43,248$29,803
14 years$68,756$59,508$51,343$44,173$37,911$25,241
15 years$63,510$54,362$46,356$39,395$33,380$21,458
16 years$58,924$49,876$42,028$35,274$29,501$18,298
17 years$54,882$45,934$38,244$31,693$26,158$15,644
18 years$51,293$42,445$34,912$28,562$23,258$13,405
19 years$48,086$39,338$31,960$25,808$20,731$11,507
20 years$45,202$36,554$29,331$23,374$18,517$9,894
21 years$42,597$34,049$26,979$21,214$16,571$8,518
22 years$40,232$31,783$24,866$19,288$14,853$7,342
23 years$38,076$29,726$22,959$17,566$13,333$6,334
24 years$36,102$27,852$21,233$16,021$11,984$5,469
25 years$34,289$26,137$19,666$14,632$10,784$4,726
26 years$32,619$24,565$18,239$13,378$9,714$4,086
27 years$31,074$23,119$16,937$12,246$8,758$3,535
28 years$29,643$21,784$15,745$11,220$7,902$3,060
29 years$28,312$20,551$14,652$10,289$7,136$2,649
30 years$27,073$19,408$13,648$9,442$6,447$2,294
31 years$25,916$18,347$12,723$8,672$5,829$1,988
32 years$24,833$17,360$11,871$7,970$5,273$1,723
33 years$23,818$16,441$11,084$7,329$4,772$1,493
34 years$22,865$15,582$10,356$6,743$4,320$1,295
35 years$21,968$14,779$9,683$6,208$3,913$1,123
36 years$21,123$14,028$9,058$5,717$3,546$974
37 years$20,326$13,323$8,478$5,267$3,213$844
38 years$19,572$12,662$7,939$4,855$2,913$732
39 years$18,859$12,040$7,438$4,477$2,642$635
40 years$18,183$11,455$6,972$4,129$2,396$551
41 years$17,542$10,904$6,537$3,810$2,174$478
42 years$16,933$10,385$6,132$3,516$1,973$415
43 years$16,354$9,895$5,754$3,245$1,790$360
44 years$15,802$9,432$5,401$2,997$1,625$313
45 years$15,277$8,994$5,072$2,768$1,475$271
46 years$14,776$8,580$4,764$2,556$1,339$235
47 years$14,298$8,188$4,475$2,362$1,216$204
48 years$13,841$7,816$4,205$2,182$1,105$177
49 years$13,404$7,464$3,953$2,017$1,003$154
50 years$12,985$7,130$3,716$1,864$911$134

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,300,000, adding $6,045 every year, while hoping to spend $34,429 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: 48/28/24 Blend
29$13,300,000$13,300,000$13,300,000$13,300,000
30$14,662,835$13,957,935$13,751,785$15,266,330
31$16,121,812$14,605,242$14,175,838$16,336,411
32$17,728,451$15,283,113$14,612,943$17,493,864
33$19,497,777$15,993,009$15,063,500$18,750,118
34$21,446,346$16,736,462$15,527,923$20,114,482
35$23,592,403$17,515,078$16,006,638$21,597,185
36$25,956,051$18,330,540$16,500,083$23,209,465
37$28,559,444$19,184,613$17,008,712$24,963,669
38$31,426,993$20,079,144$17,532,989$26,873,370
39$34,585,598$21,016,074$18,073,396$28,953,485
40$38,064,902$21,997,435$18,630,428$31,220,414
41$41,897,570$23,025,357$19,204,595$33,692,187
42$46,119,596$24,102,074$19,796,424$36,388,632
43$50,770,646$25,229,927$20,406,455$39,331,551
44$55,894,429$26,411,370$21,035,248$42,544,925
45$61,539,111$27,648,977$21,683,379$46,055,130
46$67,757,769$28,945,446$22,351,441$49,891,183
47$74,608,893$30,303,604$23,040,046$54,085,003
48$82,156,936$31,726,417$23,749,823$58,671,711
49$90,472,925$33,216,992$24,481,423$63,689,953
50$99,635,127$34,778,589$25,235,515$69,182,251
51$109,729,795$36,414,624$26,012,789$75,195,405
52$120,851,972$38,128,679$26,813,956$81,780,918
53$133,106,399$39,924,510$27,639,749$88,995,477
54$146,608,494$41,806,054$28,490,923$96,901,478
55$161,485,448$43,777,438$29,368,257$105,567,607
56$177,877,422$45,842,991$30,272,552$115,069,473
57$195,938,872$48,007,250$31,204,635$125,490,315
58$215,840,005$50,274,974$32,165,359$136,921,775
59$237,768,388$52,651,150$33,155,601$149,464,752
60$261,930,717$55,141,009$34,176,267$163,230,339
61$288,554,766$57,750,035$35,228,288$178,340,863
62$317,891,543$60,483,977$36,312,626$194,931,024
63$350,217,652$63,348,864$37,430,271$213,149,151
64$385,837,912$66,351,018$38,582,244$233,158,592
65$425,088,228$69,497,066$39,769,598$255,139,234
66$468,338,763$72,793,958$40,993,415$279,289,191
67$515,997,436$76,248,982$42,254,814$305,826,651
68$568,513,769$79,869,777$43,554,945$334,991,924
69$626,383,133$83,664,356$44,894,996$367,049,690
70$690,151,423$87,641,119$46,276,188$402,291,476
71$760,420,210$91,808,876$47,699,783$441,038,389
72$837,852,424$96,176,863$49,167,078$483,644,128
73$923,178,608$100,754,767$50,679,412$530,498,299
74$1,017,203,819$105,552,742$52,238,164$582,030,068
75$1,120,815,221$110,581,440$53,844,756$638,712,193
76$1,234,990,470$115,852,027$55,500,652$701,065,458
77$1,360,806,936$121,376,214$57,207,361$769,663,561
78$1,499,451,875$127,166,280$58,966,439$845,138,508
79$1,652,233,641$133,235,103$60,779,490$928,186,546
80$1,820,594,034$139,596,184$62,648,164$1,019,574,704
81$2,006,121,913$146,263,684$64,574,165$1,120,148,007
82$2,210,568,195$153,252,452$66,559,246$1,230,837,417
83$2,435,862,386$160,578,057$68,605,216$1,352,668,588
84$2,684,130,795$168,256,828$70,713,937$1,486,771,511
85$2,957,716,612$176,305,888$72,887,329$1,634,391,145
86$3,259,202,023$184,743,193$75,127,371$1,796,899,129
87$3,591,432,592$193,587,572$77,436,102$1,975,806,689
88$3,957,544,127$202,858,774$79,815,621$2,172,778,863
89$4,360,992,278$212,577,504$82,268,095$2,389,650,172
90$4,805,585,169$222,765,480$84,795,754$2,628,441,894
91$5,295,519,342$233,445,474$87,400,898$2,891,381,090
92$5,835,419,382$244,641,370$90,085,896$3,180,921,585
93$6,430,381,574$256,378,212$92,853,188$3,499,767,072
94$7,086,022,016$268,682,266$95,705,291$3,850,896,581
95$7,808,529,641$281,581,076$98,644,798$4,237,592,544
96$8,604,724,645$295,103,530$101,674,379$4,663,471,720
97$9,482,122,877$309,279,921$104,796,789$5,132,519,273
98$10,449,006,792$324,142,018$108,014,863$5,649,126,327
99$11,514,503,649$339,723,141$111,331,525$6,218,131,349
100$12,688,671,678$356,058,232$114,749,788$6,844,865,750