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

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 $13,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,073,528$1,063,965$1,054,636$1,045,530$1,036,638$1,028,382
2 years$531,449$521,552$511,959$502,659$493,637$485,315
3 years$350,780$340,840$331,272$322,058$313,184$305,053
4 years$260,463$250,553$241,081$232,025$223,365$215,489
5 years$206,287$196,437$187,089$178,217$169,799$162,199
6 years$170,182$160,405$151,195$142,522$134,356$127,043
7 years$144,402$134,708$125,644$117,175$109,267$102,245
8 years$125,077$115,470$106,556$98,295$90,648$83,916
9 years$110,053$100,537$91,777$83,726$76,339$69,895
10 years$98,042$88,619$80,013$72,172$65,044$58,885
11 years$88,220$78,892$70,442$62,812$55,940$50,062
12 years$80,042$70,809$62,516$55,094$48,477$42,873
13 years$73,127$63,991$55,854$48,640$42,273$36,937
14 years$67,205$58,166$50,185$43,177$37,056$31,983
15 years$62,077$53,136$45,310$38,506$32,627$27,809
16 years$57,595$48,751$41,080$34,478$28,836$24,265
17 years$53,644$44,898$37,381$30,978$25,568$21,237
18 years$50,136$41,488$34,124$27,918$22,734$18,634
19 years$47,001$38,450$31,239$25,226$20,263$16,387
20 years$44,183$35,730$28,670$22,847$18,099$14,439
21 years$41,637$33,281$26,371$20,735$16,197$12,744
22 years$39,325$31,067$24,305$18,853$14,518$11,264
23 years$37,217$29,056$22,441$17,170$13,032$9,968
24 years$35,288$27,224$20,754$15,660$11,714$8,832
25 years$33,516$25,548$19,223$14,302$10,541$7,832
26 years$31,883$24,011$17,828$13,077$9,495$6,952
27 years$30,373$22,597$16,555$11,969$8,560$6,175
28 years$28,974$21,293$15,390$10,966$7,724$5,489
29 years$27,674$20,088$14,322$10,056$6,975$4,882
30 years$26,462$18,971$13,340$9,229$6,302$4,345
31 years$25,331$17,934$12,436$8,476$5,698$3,868
32 years$24,273$16,969$11,603$7,790$5,154$3,445
33 years$23,281$16,070$10,834$7,164$4,664$3,069
34 years$22,349$15,230$10,123$6,591$4,223$2,736
35 years$21,473$14,446$9,464$6,067$3,825$2,439
36 years$20,647$13,711$8,853$5,588$3,466$2,175
37 years$19,868$13,022$8,287$5,149$3,141$1,940
38 years$19,131$12,376$7,760$4,746$2,848$1,731
39 years$18,434$11,768$7,270$4,376$2,582$1,544
40 years$17,773$11,197$6,815$4,036$2,342$1,378
41 years$17,146$10,658$6,390$3,724$2,125$1,230
42 years$16,551$10,150$5,994$3,436$1,928$1,098
43 years$15,985$9,671$5,624$3,172$1,750$981
44 years$15,446$9,219$5,280$2,929$1,588$876
45 years$14,932$8,791$4,957$2,705$1,442$782
46 years$14,443$8,386$4,656$2,499$1,309$698
47 years$13,975$8,003$4,374$2,309$1,189$624
48 years$13,528$7,640$4,111$2,133$1,080$557
49 years$13,101$7,296$3,864$1,971$981$497
50 years$12,693$6,969$3,632$1,822$891$444

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,000,000, adding $5,689 every year, while hoping to spend $43,510 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: 45/34/21 Blend
29$13,000,000$13,000,000$13,000,000$13,000,000
30$14,331,868$13,642,868$13,441,368$14,889,878
31$15,747,424$14,265,074$13,845,360$15,905,079
32$17,305,909$14,916,311$14,261,427$17,000,604
33$19,021,855$15,597,953$14,689,928$18,187,760
34$20,911,276$16,311,444$15,131,232$19,475,084
35$22,991,817$17,058,296$15,585,719$20,871,948
36$25,282,923$17,840,093$16,053,781$22,388,644
37$27,806,019$18,658,495$16,535,820$24,036,476
38$30,584,713$19,515,242$17,032,251$25,827,863
39$33,645,023$20,412,158$17,543,501$27,776,450
40$37,015,616$21,351,154$18,070,008$29,897,230
41$40,728,081$22,334,233$18,612,226$32,206,680
42$44,817,229$23,363,494$19,170,619$34,722,915
43$49,321,419$24,441,138$19,745,667$37,465,843
44$54,282,920$25,569,470$20,337,864$40,457,358
45$59,748,312$26,750,909$20,947,717$43,721,529
46$65,768,924$27,987,987$21,575,749$47,284,828
47$72,401,315$29,283,359$22,222,498$51,176,367
48$79,707,815$30,639,810$22,888,517$55,428,168
49$87,757,108$32,060,256$23,574,378$60,075,456
50$96,624,879$33,547,755$24,280,666$65,156,982
51$106,394,535$35,105,513$25,007,987$70,715,382
52$117,157,984$36,736,890$25,756,961$76,797,565
53$129,016,508$38,445,407$26,528,228$83,455,153
54$142,081,716$40,234,756$27,322,448$90,744,954
55$156,476,600$42,108,808$28,140,299$98,729,485
56$172,336,691$44,071,618$28,982,477$107,477,556
57$189,811,346$46,127,439$29,849,702$117,064,905
58$209,065,149$48,280,730$30,742,714$127,574,901
59$230,279,472$50,536,163$31,662,271$139,099,317
60$253,654,180$52,898,636$32,609,159$151,739,184
61$279,409,523$55,373,287$33,584,183$165,605,731
62$307,788,214$57,965,497$34,588,173$180,821,420
63$339,057,718$60,680,912$35,621,983$197,521,085
64$373,512,776$63,525,448$36,686,490$215,853,190
65$411,478,193$66,505,309$37,782,601$235,981,214
66$453,311,896$69,626,996$38,911,246$258,085,175
67$499,408,319$72,897,329$40,073,382$282,363,313
68$550,202,123$76,323,454$41,269,996$309,033,939
69$606,172,301$79,912,865$42,502,103$338,337,480
70$667,846,699$83,673,418$43,770,746$370,538,723
71$735,806,997$87,613,350$45,077,001$405,929,294
72$810,694,203$91,741,297$46,421,973$444,830,390
73$893,214,704$96,066,312$47,806,801$487,595,784
74$984,146,931$100,597,889$49,232,656$534,615,142
75$1,084,348,712$105,345,979$50,700,744$586,317,670
76$1,194,765,366$110,321,018$52,212,304$643,176,145
77$1,316,438,631$115,533,945$53,768,614$705,711,343
78$1,450,516,495$120,996,233$55,370,987$774,496,929
79$1,598,264,038$126,719,908$57,020,775$850,164,839
80$1,761,075,368$132,717,581$58,719,369$933,411,212
81$1,940,486,787$139,002,475$60,468,200$1,025,002,927
82$2,138,191,297$145,588,454$62,268,742$1,125,784,807
83$2,356,054,574$152,490,053$64,122,510$1,236,687,557
84$2,596,132,590$159,722,515$66,031,063$1,358,736,507
85$2,860,691,018$167,301,822$67,996,008$1,493,061,254
86$3,152,226,622$175,244,732$70,018,994$1,640,906,279
87$3,473,490,829$183,568,815$72,101,722$1,803,642,650
88$3,827,515,704$192,292,497$74,245,940$1,982,780,921
89$4,217,642,573$201,435,097$76,453,446$2,179,985,335
90$4,647,553,572$211,016,872$78,726,093$2,397,089,493
91$5,121,306,403$221,059,066$81,065,783$2,636,113,598
92$5,643,372,647$231,583,951$83,474,478$2,899,283,477
93$6,218,679,977$242,614,886$85,954,194$3,189,051,534
94$6,852,658,680$254,176,360$88,507,004$3,508,119,831
95$7,551,292,921$266,294,057$91,135,045$3,859,465,542
96$8,321,177,241$278,994,908$93,840,510$4,246,368,981
97$9,169,578,813$292,307,152$96,625,661$4,672,444,503
98$10,104,506,052$306,260,403$99,492,821$5,141,674,547
99$11,134,784,222$320,885,715$102,444,383$5,658,447,158
100$12,270,138,749$336,215,651$105,482,806$6,227,597,324