Can I retire at age 30 with 13,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,061,801
2 years$547,802$537,599$527,712$518,125$508,826$502,033
3 years$361,573$351,327$341,464$331,968$322,820$316,179
4 years$268,478$258,263$248,499$239,164$230,238$223,800
5 years$212,635$202,481$192,845$183,701$175,023$168,807
6 years$175,418$165,341$155,848$146,907$138,490$132,503
7 years$148,845$138,853$129,510$120,780$112,629$106,876
8 years$128,925$119,023$109,835$101,320$93,437$87,916
9 years$113,439$103,631$94,601$86,302$78,687$73,398
10 years$101,058$91,345$82,475$74,393$67,046$61,985
11 years$90,935$81,319$72,610$64,744$57,661$52,826
12 years$82,505$72,988$64,439$56,789$49,968$45,354
13 years$75,377$65,960$57,572$50,137$43,573$39,175
14 years$69,273$59,956$51,729$44,506$38,196$34,010
15 years$63,987$54,771$46,704$39,691$33,631$29,650
16 years$59,367$50,251$42,344$35,539$29,723$25,942
17 years$55,295$46,279$38,532$31,932$26,354$22,768
18 years$51,679$42,764$35,174$28,777$23,433$20,034
19 years$48,447$39,633$32,200$26,002$20,887$17,669
20 years$45,542$36,829$29,552$23,550$18,656$15,614
21 years$42,918$34,305$27,182$21,373$16,695$13,821
22 years$40,535$32,022$25,053$19,433$14,965$12,252
23 years$38,362$29,950$23,132$17,698$13,433$10,876
24 years$36,374$28,061$21,393$16,142$12,074$9,666
25 years$34,547$26,334$19,814$14,742$10,865$8,598
26 years$32,864$24,750$18,376$13,479$9,787$7,656
27 years$31,308$23,292$17,064$12,338$8,824$6,822
28 years$29,866$21,948$15,863$11,304$7,962$6,084
29 years$28,525$20,706$14,762$10,366$7,189$5,428
30 years$27,277$19,554$13,750$9,513$6,496$4,846
31 years$26,111$18,485$12,819$8,737$5,873$4,329
32 years$25,020$17,491$11,960$8,030$5,312$3,868
33 years$23,997$16,564$11,168$7,384$4,808$3,458
34 years$23,037$15,699$10,434$6,794$4,353$3,092
35 years$22,134$14,890$9,755$6,254$3,943$2,766
36 years$21,282$14,133$9,126$5,760$3,572$2,475
37 years$20,479$13,423$8,542$5,307$3,238$2,215
38 years$19,720$12,757$7,999$4,892$2,935$1,983
39 years$19,001$12,130$7,494$4,510$2,662$1,775
40 years$18,320$11,541$7,024$4,160$2,414$1,590
41 years$17,674$10,986$6,586$3,838$2,190$1,424
42 years$17,060$10,463$6,178$3,542$1,987$1,276
43 years$16,477$9,969$5,798$3,270$1,804$1,143
44 years$15,921$9,502$5,442$3,019$1,637$1,024
45 years$15,392$9,061$5,110$2,788$1,486$918
46 years$14,887$8,644$4,799$2,576$1,350$822
47 years$14,405$8,249$4,509$2,380$1,225$737
48 years$13,945$7,875$4,237$2,199$1,113$661
49 years$13,504$7,520$3,983$2,032$1,011$592
50 years$13,083$7,184$3,744$1,878$918$531

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,400,000, adding $5,038 every year, while hoping to spend $20,771 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: 57/35/8 Blend
29$13,400,000$13,400,000$13,400,000$13,400,000
30$14,771,997$14,061,797$13,854,097$15,586,722
31$16,256,640$14,728,725$14,296,109$16,802,823
32$17,892,021$15,427,636$14,752,232$18,124,443
33$19,693,493$16,160,075$15,222,917$19,563,907
34$21,677,974$16,927,664$15,708,630$21,132,475
35$23,864,108$17,732,100$16,209,850$22,842,523
36$26,272,440$18,575,166$16,727,073$24,707,649
37$28,925,609$19,458,729$17,260,809$26,742,803
38$31,848,562$20,384,748$17,811,588$28,964,419
39$35,068,792$21,355,277$18,379,952$31,390,564
40$38,616,593$22,372,470$18,966,465$34,041,104
41$42,525,349$23,438,584$19,571,705$36,937,887
42$46,831,849$24,555,990$20,196,272$40,104,941
43$51,576,633$25,727,168$20,840,782$43,568,692
44$56,804,375$26,954,725$21,505,874$47,358,212
45$62,564,304$28,241,390$22,192,204$51,505,480
46$68,910,672$29,590,027$22,900,452$56,045,681
47$75,903,261$31,003,638$23,631,317$61,017,528
48$83,607,950$32,485,374$24,385,523$66,463,617
49$92,097,339$34,038,534$25,163,815$72,430,826
50$101,451,428$35,666,583$25,966,964$78,970,741
51$111,758,379$37,373,151$26,795,763$86,140,139
52$123,115,345$39,162,047$27,651,032$94,001,511
53$135,629,387$41,037,264$28,533,618$102,623,643
54$149,418,483$43,002,988$29,444,393$112,082,252
55$164,612,646$45,063,613$30,384,258$122,460,691
56$181,355,149$47,223,743$31,354,144$133,850,722
57$199,803,875$49,488,207$32,355,008$146,353,373
58$220,132,812$51,862,071$33,387,843$160,079,872
59$242,533,693$54,350,646$34,453,669$175,152,689
60$267,217,804$56,959,502$35,553,542$191,706,675
61$294,417,983$59,694,481$36,688,549$209,890,319
62$324,390,815$62,561,709$37,859,813$229,867,134
63$357,419,056$65,567,610$39,068,494$251,817,186
64$393,814,299$68,718,922$40,315,788$275,938,770
65$433,919,919$72,022,711$41,602,929$302,450,273
66$478,114,315$75,486,387$42,931,191$331,592,206
67$526,814,477$79,117,723$44,301,888$363,629,461
68$580,479,930$82,924,868$45,716,378$398,853,787
69$639,617,066$86,916,369$47,176,059$437,586,525
70$704,783,928$91,101,192$48,682,378$480,181,614
71$776,595,476$95,488,738$50,236,825$527,028,911
72$855,729,395$100,088,866$51,840,939$578,557,844
73$942,932,490$104,911,918$53,496,308$635,241,439
74$1,039,027,741$109,968,739$55,204,571$697,600,760
75$1,144,922,065$115,270,702$56,967,419$766,209,795
76$1,261,614,886$120,829,736$58,786,597$841,700,845
77$1,390,207,563$126,658,353$60,663,908$924,770,461
78$1,531,913,795$132,769,672$62,601,208$1,016,185,986
79$1,688,071,071$139,177,455$64,600,418$1,116,792,763
80$1,860,153,305$145,896,135$66,663,517$1,227,522,078
81$2,049,784,744$152,940,848$68,792,547$1,349,399,913
82$2,258,755,308$160,327,469$70,989,617$1,483,556,592
83$2,489,037,484$168,072,650$73,256,904$1,631,237,404
84$2,742,804,950$176,193,852$75,596,653$1,793,814,322
85$3,022,453,095$184,709,391$78,011,181$1,972,798,902
86$3,330,621,635$193,638,476$80,502,880$2,169,856,505
87$3,670,219,534$203,001,253$83,074,218$2,386,821,970
88$4,044,452,464$212,818,852$85,727,742$2,625,716,876
89$4,456,853,075$223,113,436$88,466,081$2,888,768,576
90$4,911,314,343$233,908,248$91,291,949$3,178,431,163
91$5,412,126,320$245,227,666$94,208,143$3,497,408,572
92$5,964,016,643$257,097,261$97,217,555$3,848,680,048
93$6,572,195,163$269,543,848$100,323,165$4,235,528,200
94$7,242,403,130$282,595,557$103,528,051$4,661,569,919
95$7,980,967,397$296,281,887$106,835,389$5,130,790,447
96$8,794,860,153$310,633,781$110,248,456$5,647,580,928
97$9,691,764,743$325,683,691$113,770,633$6,216,779,773
98$10,680,148,210$341,465,655$117,405,413$6,843,718,256
99$11,769,341,230$358,015,375$121,156,397$7,534,270,754
100$12,969,626,202$375,370,295$125,027,303$8,294,910,109