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%19.8%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,018,884
2 years$543,714$533,587$523,774$514,258$505,029$463,550
3 years$358,875$348,705$338,916$329,490$320,411$280,437
4 years$266,474$256,335$246,644$237,379$228,520$190,354
5 years$211,048$200,970$191,406$182,330$173,717$137,457
6 years$174,109$164,107$154,685$145,811$137,456$103,125
7 years$147,735$137,817$128,544$119,879$111,789$79,375
8 years$127,963$118,135$109,015$100,564$92,740$62,211
9 years$112,593$102,857$93,895$85,658$78,100$49,411
10 years$100,304$90,664$81,860$73,838$66,545$39,640
11 years$90,256$80,713$72,068$64,261$57,231$32,048
12 years$81,889$72,443$63,958$56,366$49,595$26,066
13 years$74,814$65,468$57,143$49,762$43,248$21,303
14 years$68,756$59,508$51,343$44,173$37,911$17,477
15 years$63,510$54,362$46,356$39,395$33,380$14,383
16 years$58,924$49,876$42,028$35,274$29,501$11,866
17 years$54,882$45,934$38,244$31,693$26,158$9,809
18 years$51,293$42,445$34,912$28,562$23,258$8,123
19 years$48,086$39,338$31,960$25,808$20,731$6,736
20 years$45,202$36,554$29,331$23,374$18,517$5,591
21 years$42,597$34,049$26,979$21,214$16,571$4,646
22 years$40,232$31,783$24,866$19,288$14,853$3,863
23 years$38,076$29,726$22,959$17,566$13,333$3,215
24 years$36,102$27,852$21,233$16,021$11,984$2,676
25 years$34,289$26,137$19,666$14,632$10,784$2,229
26 years$32,619$24,565$18,239$13,378$9,714$1,857
27 years$31,074$23,119$16,937$12,246$8,758$1,548
28 years$29,643$21,784$15,745$11,220$7,902$1,291
29 years$28,312$20,551$14,652$10,289$7,136$1,076
30 years$27,073$19,408$13,648$9,442$6,447$897
31 years$25,916$18,347$12,723$8,672$5,829$749
32 years$24,833$17,360$11,871$7,970$5,273$624
33 years$23,818$16,441$11,084$7,329$4,772$521
34 years$22,865$15,582$10,356$6,743$4,320$435
35 years$21,968$14,779$9,683$6,208$3,913$363
36 years$21,123$14,028$9,058$5,717$3,546$303
37 years$20,326$13,323$8,478$5,267$3,213$253
38 years$19,572$12,662$7,939$4,855$2,913$211
39 years$18,859$12,040$7,438$4,477$2,642$176
40 years$18,183$11,455$6,972$4,129$2,396$147
41 years$17,542$10,904$6,537$3,810$2,174$123
42 years$16,933$10,385$6,132$3,516$1,973$102
43 years$16,354$9,895$5,754$3,245$1,790$85
44 years$15,802$9,432$5,401$2,997$1,625$71
45 years$15,277$8,994$5,072$2,768$1,475$59
46 years$14,776$8,580$4,764$2,556$1,339$50
47 years$14,298$8,188$4,475$2,362$1,216$41
48 years$13,841$7,816$4,205$2,182$1,105$35
49 years$13,404$7,464$3,953$2,017$1,003$29
50 years$12,985$7,130$3,716$1,864$911$24

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 $2,827 every year, while hoping to spend $33,802 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: 57/22/21 Blend
29$13,300,000$13,300,000$13,300,000$13,300,000
30$14,659,516$13,954,616$13,748,466$15,412,352
31$16,118,822$14,602,427$14,173,075$16,573,610
32$17,725,843$15,280,848$14,610,775$17,834,693
33$19,495,613$15,991,343$15,061,969$19,208,337
34$21,444,694$16,735,447$15,527,073$20,705,393
35$23,591,337$17,514,769$16,006,515$22,337,787
36$25,955,655$18,330,994$16,500,735$24,118,639
37$28,559,812$19,185,892$17,010,189$26,062,377
38$31,428,227$20,081,316$17,535,345$28,184,870
39$34,587,813$21,019,207$18,076,686$30,503,576
40$38,068,225$22,001,603$18,634,710$33,037,701
41$41,902,142$23,030,639$19,209,930$35,808,374
42$46,125,573$24,108,553$19,802,875$38,838,849
43$50,778,200$25,237,692$20,414,091$42,154,709
44$55,903,752$26,420,514$21,044,138$45,784,112
45$61,550,414$27,659,599$21,693,597$49,758,046
46$67,771,288$28,957,650$22,363,063$54,110,621
47$74,624,886$30,317,502$23,053,153$58,879,377
48$82,175,691$31,742,126$23,764,500$64,105,643
49$90,494,758$33,234,637$24,497,758$69,834,912
50$99,660,390$34,798,301$25,253,599$76,117,269
51$109,758,875$36,436,543$26,032,720$83,007,856
52$120,885,298$38,152,952$26,835,834$90,567,384
53$133,144,444$39,951,292$27,663,680$98,862,701
54$146,651,781$41,835,509$28,517,017$107,967,414
55$161,534,555$43,809,740$29,396,629$117,962,575
56$177,932,987$45,878,325$30,303,323$128,937,439
57$196,001,598$48,045,810$31,237,931$140,990,299
58$215,910,671$50,316,964$32,201,312$154,229,401
59$237,847,852$52,696,788$33,194,348$168,773,960
60$262,019,925$55,190,523$34,217,951$184,755,273
61$288,654,766$57,803,667$35,273,061$202,317,950
62$318,003,487$60,541,981$36,360,643$221,621,266
63$350,342,815$63,411,511$37,481,697$242,840,654
64$385,977,698$66,418,591$38,637,250$266,169,351
65$425,244,186$69,569,865$39,828,361$291,820,206
66$468,512,604$72,872,299$41,056,122$320,027,680
67$516,191,047$76,333,199$42,321,659$351,050,044
68$568,729,230$79,960,222$43,626,131$385,171,802
69$626,622,739$83,761,401$44,970,734$422,706,364
70$690,417,705$87,745,155$46,356,700$463,998,987
71$760,715,959$91,920,317$47,785,298$509,430,021
72$838,180,719$96,296,144$49,257,837$559,418,478
73$923,542,843$100,882,346$50,775,666$614,425,976
74$1,017,607,737$105,689,105$52,340,175$674,961,071
75$1,121,262,951$110,727,095$53,952,795$741,584,046
76$1,235,486,562$116,007,513$55,615,004$814,912,175
77$1,361,356,407$121,542,097$57,328,322$895,625,528
78$1,500,060,258$127,343,158$59,094,319$984,473,375
79$1,652,907,035$133,423,604$60,914,609$1,082,281,232
80$1,821,339,164$139,796,971$62,790,860$1,189,958,628
81$2,006,946,191$146,477,455$64,724,786$1,308,507,671
82$2,211,479,794$153,479,942$66,718,157$1,439,032,479
83$2,436,870,314$160,820,040$68,772,797$1,582,749,576
84$2,685,244,985$168,514,121$70,890,584$1,740,999,347
85$2,958,948,009$176,579,349$73,073,455$1,915,258,663
86$3,260,562,696$185,033,726$75,323,405$2,107,154,790
87$3,592,935,843$193,896,131$77,642,491$2,318,480,721
88$3,959,204,617$203,186,359$80,032,833$2,551,212,064
89$4,362,826,169$212,925,172$82,496,614$2,807,525,660
90$4,807,610,275$223,134,342$85,036,087$3,089,820,095
91$5,297,755,298$233,836,700$87,653,571$3,400,738,302
92$5,837,887,830$245,056,189$90,351,457$3,743,192,473
93$6,433,106,367$256,817,921$93,132,209$4,120,391,509
94$7,089,029,445$269,148,228$95,998,367$4,535,871,264
95$7,811,848,683$282,074,726$98,952,547$4,993,527,886
96$8,608,387,238$295,626,377$101,997,447$5,497,654,540
97$9,486,164,220$309,833,553$105,135,845$6,052,981,894
98$10,453,465,681$324,728,108$108,370,607$6,664,722,722
99$11,519,422,842$340,343,447$111,704,683$7,338,621,059
100$12,694,098,298$356,714,602$115,141,117$8,081,006,371