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%17%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,038,075
2 years$547,802$537,599$527,712$518,125$508,826$478,376
3 years$361,573$351,327$341,464$331,968$322,820$293,333
4 years$268,478$258,263$248,499$239,164$230,238$201,940
5 years$212,635$202,481$192,845$183,701$175,023$147,992
6 years$175,418$165,341$155,848$146,907$138,490$112,750
7 years$148,845$138,853$129,510$120,780$112,629$88,182
8 years$128,925$119,023$109,835$101,320$93,437$70,267
9 years$113,439$103,631$94,601$86,302$78,687$56,773
10 years$101,058$91,345$82,475$74,393$67,046$46,357
11 years$90,935$81,319$72,610$64,744$57,661$38,165
12 years$82,505$72,988$64,439$56,789$49,968$31,626
13 years$75,377$65,960$57,572$50,137$43,573$26,344
14 years$69,273$59,956$51,729$44,506$38,196$22,039
15 years$63,987$54,771$46,704$39,691$33,631$18,501
16 years$59,367$50,251$42,344$35,539$29,723$15,575
17 years$55,295$46,279$38,532$31,932$26,354$13,144
18 years$51,679$42,764$35,174$28,777$23,433$11,114
19 years$48,447$39,633$32,200$26,002$20,887$9,413
20 years$45,542$36,829$29,552$23,550$18,656$7,983
21 years$42,918$34,305$27,182$21,373$16,695$6,779
22 years$40,535$32,022$25,053$19,433$14,965$5,762
23 years$38,362$29,950$23,132$17,698$13,433$4,901
24 years$36,374$28,061$21,393$16,142$12,074$4,172
25 years$34,547$26,334$19,814$14,742$10,865$3,554
26 years$32,864$24,750$18,376$13,479$9,787$3,029
27 years$31,308$23,292$17,064$12,338$8,824$2,582
28 years$29,866$21,948$15,863$11,304$7,962$2,202
29 years$28,525$20,706$14,762$10,366$7,189$1,879
30 years$27,277$19,554$13,750$9,513$6,496$1,603
31 years$26,111$18,485$12,819$8,737$5,873$1,369
32 years$25,020$17,491$11,960$8,030$5,312$1,168
33 years$23,997$16,564$11,168$7,384$4,808$998
34 years$23,037$15,699$10,434$6,794$4,353$852
35 years$22,134$14,890$9,755$6,254$3,943$728
36 years$21,282$14,133$9,126$5,760$3,572$622
37 years$20,479$13,423$8,542$5,307$3,238$531
38 years$19,720$12,757$7,999$4,892$2,935$454
39 years$19,001$12,130$7,494$4,510$2,662$388
40 years$18,320$11,541$7,024$4,160$2,414$331
41 years$17,674$10,986$6,586$3,838$2,190$283
42 years$17,060$10,463$6,178$3,542$1,987$242
43 years$16,477$9,969$5,798$3,270$1,804$207
44 years$15,921$9,502$5,442$3,019$1,637$177
45 years$15,392$9,061$5,110$2,788$1,486$151
46 years$14,887$8,644$4,799$2,576$1,350$129
47 years$14,405$8,249$4,509$2,380$1,225$110
48 years$13,945$7,875$4,237$2,199$1,113$94
49 years$13,504$7,520$3,983$2,032$1,011$80
50 years$13,083$7,184$3,744$1,878$918$69

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 $5,474 every year, while hoping to spend $55,278 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: 70/13/17 Blend
29$13,400,000$13,400,000$13,400,000$13,400,000
30$14,772,446$14,062,246$13,854,546$15,746,837
31$16,220,421$14,692,481$14,259,858$17,026,341
32$17,814,235$15,351,745$14,676,896$18,419,139
33$19,568,708$16,041,401$15,105,992$19,942,138
34$21,500,166$16,762,879$15,547,493$21,608,187
35$23,626,600$17,517,677$16,001,750$23,431,429
36$25,967,832$18,307,362$16,469,128$25,427,436
37$28,545,706$19,133,578$16,949,999$27,613,347
38$31,384,292$19,998,047$17,444,748$30,008,031
39$34,510,112$20,902,574$17,953,769$32,632,263
40$37,952,391$21,849,047$18,477,468$35,508,917
41$41,743,333$22,839,449$19,016,261$38,663,179
42$45,918,425$23,875,854$19,570,578$42,122,781
43$50,516,770$24,960,437$20,140,859$45,918,262
44$55,581,459$26,095,477$20,727,556$50,083,252
45$61,159,973$27,283,360$21,331,134$54,654,787
46$67,304,636$28,526,590$21,952,072$59,673,654
47$74,073,104$29,827,789$22,590,862$65,184,773
48$81,528,913$31,189,702$23,248,008$71,237,619
49$89,742,075$32,615,211$23,924,030$77,886,685
50$98,789,742$34,107,332$24,619,460$85,191,990
51$108,756,932$35,669,227$25,334,848$93,219,644
52$119,737,330$37,304,210$26,070,756$102,042,468
53$131,834,175$39,015,753$26,827,764$111,740,677
54$145,161,232$40,807,497$27,606,466$122,402,629
55$159,843,869$42,683,255$28,407,473$134,125,661
56$176,020,234$44,647,026$29,231,414$147,016,996
57$193,842,566$46,702,998$30,078,935$161,194,757
58$213,478,627$48,855,564$30,950,698$176,789,070
59$235,113,285$51,109,325$31,847,385$193,943,292
60$258,950,263$53,469,105$32,769,695$212,815,354
61$285,214,059$55,939,960$33,718,349$233,579,250
62$314,152,065$58,527,190$34,694,085$256,426,672
63$346,036,901$61,236,348$35,697,663$281,568,811
64$381,168,993$64,073,256$36,729,862$309,238,345
65$419,879,402$67,044,018$37,791,484$339,691,629
66$462,532,955$70,155,029$38,883,353$373,211,108
67$509,531,684$73,412,993$40,006,314$410,107,973
68$561,318,626$76,824,940$41,161,235$450,725,094
69$618,381,999$80,398,235$42,349,009$495,440,243
70$681,259,816$84,140,601$43,570,554$544,669,659
71$750,544,959$88,060,133$44,826,810$598,871,962
72$826,890,782$92,165,316$46,118,745$658,552,474
73$911,017,271$96,465,046$47,447,352$724,267,983
74$1,003,717,846$100,968,647$48,813,652$796,631,984
75$1,105,866,850$105,685,894$50,218,693$876,320,462
76$1,218,427,800$110,627,034$51,663,550$964,078,261
77$1,342,462,487$115,802,810$53,149,330$1,060,726,108
78$1,479,140,996$121,224,483$54,677,168$1,167,168,340
79$1,629,752,753$126,903,859$56,248,229$1,284,401,439
80$1,795,718,701$132,853,315$57,863,712$1,413,523,415
81$1,978,604,707$139,085,825$59,524,845$1,555,744,167
82$2,180,136,350$145,614,994$61,232,890$1,712,396,884
83$2,402,215,211$152,455,082$62,989,145$1,884,950,617
84$2,646,936,822$159,621,040$64,794,941$2,075,024,135
85$2,916,610,450$167,128,544$66,651,644$2,284,401,183
86$3,213,780,900$174,994,026$68,560,658$2,515,047,314
87$3,541,252,536$183,234,717$70,523,423$2,769,128,416
88$3,902,115,756$191,868,680$72,541,420$3,049,031,148
89$4,299,776,173$200,914,855$74,616,167$3,357,385,448
90$4,737,986,756$210,393,097$76,749,223$3,697,089,342
91$5,220,883,272$220,324,226$78,942,189$4,071,336,280
92$5,753,023,322$230,730,068$81,196,708$4,483,645,261
93$6,339,429,370$241,633,511$83,514,467$4,937,894,033
94$6,985,636,162$253,058,549$85,897,197$5,438,355,676
95$7,697,742,973$265,030,341$88,346,677$5,989,738,916
96$8,482,471,196$277,575,267$90,864,729$6,597,232,553
97$9,347,227,787$290,720,984$93,453,227$7,266,554,416
98$10,300,175,204$304,496,495$96,114,092$8,004,005,318
99$11,350,308,458$318,932,206$98,849,298$8,816,528,505
100$12,507,540,038$334,060,002$101,660,867$9,711,775,176