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

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 $13,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,043,551
2 years$547,802$537,599$527,712$518,125$508,826$483,797
3 years$361,573$351,327$341,464$331,968$322,820$298,529
4 years$268,478$258,263$248,499$239,164$230,238$206,870
5 years$212,635$202,481$192,845$183,701$175,023$152,645
6 years$175,418$165,341$155,848$146,907$138,490$117,124
7 years$148,845$138,853$129,510$120,780$112,629$92,279
8 years$128,925$119,023$109,835$101,320$93,437$74,095
9 years$113,439$103,631$94,601$86,302$78,687$60,337
10 years$101,058$91,345$82,475$74,393$67,046$49,668
11 years$90,935$81,319$72,610$64,744$57,661$41,232
12 years$82,505$72,988$64,439$56,789$49,968$34,460
13 years$75,377$65,960$57,572$50,137$43,573$28,958
14 years$69,273$59,956$51,729$44,506$38,196$24,442
15 years$63,987$54,771$46,704$39,691$33,631$20,706
16 years$59,367$50,251$42,344$35,539$29,723$17,595
17 years$55,295$46,279$38,532$31,932$26,354$14,989
18 years$51,679$42,764$35,174$28,777$23,433$12,796
19 years$48,447$39,633$32,200$26,002$20,887$10,944
20 years$45,542$36,829$29,552$23,550$18,656$9,374
21 years$42,918$34,305$27,182$21,373$16,695$8,039
22 years$40,535$32,022$25,053$19,433$14,965$6,902
23 years$38,362$29,950$23,132$17,698$13,433$5,932
24 years$36,374$28,061$21,393$16,142$12,074$5,102
25 years$34,547$26,334$19,814$14,742$10,865$4,391
26 years$32,864$24,750$18,376$13,479$9,787$3,781
27 years$31,308$23,292$17,064$12,338$8,824$3,258
28 years$29,866$21,948$15,863$11,304$7,962$2,808
29 years$28,525$20,706$14,762$10,366$7,189$2,422
30 years$27,277$19,554$13,750$9,513$6,496$2,089
31 years$26,111$18,485$12,819$8,737$5,873$1,802
32 years$25,020$17,491$11,960$8,030$5,312$1,555
33 years$23,997$16,564$11,168$7,384$4,808$1,343
34 years$23,037$15,699$10,434$6,794$4,353$1,159
35 years$22,134$14,890$9,755$6,254$3,943$1,001
36 years$21,282$14,133$9,126$5,760$3,572$864
37 years$20,479$13,423$8,542$5,307$3,238$747
38 years$19,720$12,757$7,999$4,892$2,935$645
39 years$19,001$12,130$7,494$4,510$2,662$557
40 years$18,320$11,541$7,024$4,160$2,414$481
41 years$17,674$10,986$6,586$3,838$2,190$416
42 years$17,060$10,463$6,178$3,542$1,987$359
43 years$16,477$9,969$5,798$3,270$1,804$310
44 years$15,921$9,502$5,442$3,019$1,637$268
45 years$15,392$9,061$5,110$2,788$1,486$232
46 years$14,887$8,644$4,799$2,576$1,350$200
47 years$14,405$8,249$4,509$2,380$1,225$173
48 years$13,945$7,875$4,237$2,199$1,113$150
49 years$13,504$7,520$3,983$2,032$1,011$129
50 years$13,083$7,184$3,744$1,878$918$112

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 $2,163 every year, while hoping to spend $47,007 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: 61/9/30 Blend
29$13,400,000$13,400,000$13,400,000$13,400,000
30$14,769,031$14,058,831$13,851,131$15,549,704
31$16,225,457$14,697,699$14,265,129$16,721,425
32$17,828,863$15,366,295$14,691,420$17,994,681
33$19,594,192$16,066,028$15,130,367$19,383,652
34$21,537,907$16,798,372$15,582,342$20,899,661
35$23,678,153$17,564,871$16,047,730$22,555,168
36$26,034,920$18,367,145$16,526,924$24,363,887
37$28,630,237$19,206,891$17,020,332$26,340,914
38$31,488,379$20,085,886$17,528,371$28,502,863
39$34,636,095$21,005,995$18,051,472$30,868,025
40$38,102,857$21,969,170$18,590,077$33,456,536
41$41,921,148$22,977,458$19,144,644$36,290,562
42$46,126,755$24,033,004$19,715,639$39,394,511
43$50,759,118$25,138,055$20,303,548$42,795,257
44$55,861,697$26,294,968$20,908,865$46,522,391
45$61,482,380$27,506,212$21,532,102$50,608,496
46$67,673,941$28,774,375$22,173,786$55,089,455
47$74,494,533$30,102,170$22,834,458$60,004,784
48$82,008,238$31,492,438$23,514,674$65,398,001
49$90,285,671$32,948,160$24,215,009$71,317,035
50$99,404,649$34,472,459$24,936,051$77,814,674
51$109,450,922$36,068,609$25,678,408$84,949,058
52$120,518,986$37,740,041$26,442,705$92,784,227
53$132,712,971$39,490,351$27,229,583$101,390,717
54$146,147,625$41,323,310$28,039,706$110,846,228
55$160,949,399$43,242,868$28,873,752$121,236,344
56$177,257,637$45,253,168$29,732,422$132,655,345
57$195,225,894$47,358,552$30,616,437$145,207,088
58$215,023,386$49,563,571$31,526,537$159,005,980
59$236,836,581$51,872,996$32,463,486$174,178,059
60$260,870,968$54,291,828$33,428,069$190,862,174
61$287,352,990$56,825,310$34,421,092$209,211,288
62$316,532,183$59,478,939$35,443,386$229,393,923
63$348,683,533$62,258,474$36,495,807$251,595,739
64$384,110,070$65,169,957$37,579,234$276,021,281
65$423,145,730$68,219,717$38,694,571$302,895,907
66$466,158,505$71,414,394$39,842,750$332,467,904
67$513,553,919$74,760,945$41,024,728$365,010,826
68$565,778,852$78,266,666$42,241,490$400,826,072
69$623,325,766$81,939,203$43,494,051$440,245,720
70$686,737,345$85,786,575$44,783,452$483,635,653
71$756,611,624$89,817,187$46,110,768$531,399,011
72$833,607,632$94,039,852$47,477,102$583,979,978
73$918,451,615$98,463,808$48,883,588$641,867,978
74$1,011,943,888$103,098,743$50,331,397$705,602,275
75$1,114,966,394$107,954,811$51,821,728$775,777,061
76$1,228,491,028$113,042,659$53,355,818$853,047,053
77$1,353,588,815$118,373,451$54,934,940$938,133,661
78$1,491,440,015$123,958,891$56,560,401$1,031,831,793
79$1,643,345,268$129,811,249$58,233,547$1,135,017,342
80$1,810,737,877$135,943,391$59,955,761$1,248,655,444
81$1,995,197,330$142,368,807$61,728,469$1,373,809,582
82$2,198,464,219$149,101,640$63,553,135$1,511,651,604
83$2,422,456,669$156,156,720$65,431,264$1,663,472,781
84$2,669,288,446$163,549,596$67,364,408$1,830,695,976
85$2,941,288,912$171,296,570$69,354,160$2,014,889,069
86$3,241,025,016$179,414,737$71,402,159$2,217,779,736
87$3,571,325,528$187,922,020$73,510,093$2,441,271,749
88$3,935,307,746$196,837,213$75,679,694$2,687,462,929
89$4,336,406,920$206,180,021$77,912,749$2,958,664,937
90$4,778,408,691$215,971,107$80,211,091$3,257,425,075
91$5,265,484,823$226,232,136$82,576,608$3,586,550,318
92$5,802,232,591$236,985,827$85,011,240$3,949,133,793
93$6,393,718,184$248,256,001$87,516,985$4,348,583,962
94$7,045,524,530$260,067,636$90,095,895$4,788,656,778
95$7,763,804,006$272,446,925$92,750,082$5,273,491,119
96$8,555,336,522$285,421,332$95,481,717$5,807,647,844
97$9,427,593,527$299,019,657$98,293,035$6,396,152,822
98$10,388,808,546$313,272,099$101,186,330$7,044,544,357
99$11,448,054,912$328,210,326$104,163,967$7,758,925,448
100$12,615,331,426$343,867,544$107,228,372$8,546,021,378