Can I retire at age 30 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,031,756
2 years$539,626$529,576$519,835$510,392$501,232$480,333
3 years$356,177$346,083$336,368$327,013$318,002$297,687
4 years$264,470$254,408$244,790$235,594$226,802$207,227
5 years$209,461$199,459$189,967$180,959$172,411$153,633
6 years$172,800$162,873$153,521$144,714$136,423$118,461
7 years$146,624$136,781$127,577$118,978$110,948$93,807
8 years$127,001$117,246$108,195$99,807$92,042$75,717
9 years$111,746$102,084$93,189$85,014$77,513$61,993
10 years$99,550$89,982$81,244$73,283$66,045$51,315
11 years$89,578$80,106$71,526$63,778$56,801$42,843
12 years$81,273$71,899$63,477$55,942$49,222$36,017
13 years$74,252$64,975$56,713$49,388$42,923$30,448
14 years$68,239$59,061$50,957$43,841$37,626$25,858
15 years$63,032$53,953$46,007$39,099$33,129$22,043
16 years$58,481$49,501$41,712$35,009$29,279$18,850
17 years$54,469$45,589$37,956$31,455$25,961$16,163
18 years$50,907$42,126$34,649$28,347$23,083$13,890
19 years$47,724$39,042$31,720$25,614$20,575$11,959
20 years$44,863$36,280$29,111$23,199$18,378$10,313
21 years$42,277$33,793$26,776$21,054$16,446$8,906
22 years$39,930$31,544$24,679$19,143$14,742$7,700
23 years$37,790$29,503$22,786$17,434$13,233$6,664
24 years$35,831$27,642$21,073$15,901$11,894$5,772
25 years$34,032$25,941$19,518$14,522$10,703$5,004
26 years$32,373$24,380$18,102$13,278$9,641$4,340
27 years$30,841$22,945$16,809$12,153$8,692$3,767
28 years$29,420$21,621$15,627$11,135$7,843$3,271
29 years$28,100$20,397$14,542$10,211$7,082$2,841
30 years$26,869$19,262$13,545$9,371$6,399$2,469
31 years$25,721$18,209$12,628$8,607$5,785$2,146
32 years$24,647$17,230$11,782$7,910$5,233$1,866
33 years$23,639$16,317$11,001$7,274$4,736$1,623
34 years$22,693$15,465$10,279$6,693$4,288$1,412
35 years$21,803$14,668$9,610$6,161$3,884$1,228
36 years$20,965$13,922$8,990$5,674$3,519$1,069
37 years$20,173$13,223$8,414$5,228$3,189$930
38 years$19,425$12,566$7,880$4,819$2,891$810
39 years$18,717$11,949$7,382$4,443$2,622$705
40 years$18,046$11,369$6,919$4,098$2,378$614
41 years$17,410$10,822$6,488$3,781$2,158$534
42 years$16,806$10,307$6,086$3,489$1,958$465
43 years$16,231$9,820$5,711$3,221$1,777$405
44 years$15,683$9,361$5,361$2,974$1,613$353
45 years$15,162$8,926$5,034$2,747$1,464$307
46 years$14,665$8,515$4,728$2,537$1,329$267
47 years$14,190$8,126$4,442$2,344$1,207$233
48 years$13,737$7,757$4,174$2,166$1,096$203
49 years$13,303$7,408$3,923$2,002$996$177
50 years$12,888$7,076$3,688$1,850$904$154

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $13,200,000, adding $4,448 every year, while hoping to spend $37,311 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: 58/24/18 Blend
29$13,200,000$13,200,000$13,200,000$13,200,000
30$14,550,988$13,851,388$13,646,788$15,325,994
31$15,995,490$14,490,408$14,064,257$16,491,211
32$17,586,081$15,159,488$14,494,460$17,756,428
33$19,337,622$15,860,064$14,937,786$19,134,891
34$21,266,490$16,593,638$15,394,632$20,637,520
35$23,390,730$17,361,784$15,865,410$22,276,323
36$25,730,227$18,166,154$16,350,544$24,064,502
37$28,306,892$19,008,478$16,850,469$26,016,580
38$31,144,871$19,890,569$17,365,636$28,148,530
39$34,270,770$20,814,329$17,896,507$30,477,923
40$37,713,908$21,781,750$18,443,559$33,024,089
41$41,506,593$22,794,922$19,007,284$35,808,295
42$45,684,427$23,856,035$19,588,190$38,853,941
43$50,286,641$24,967,382$20,186,796$42,186,779
44$55,356,466$26,131,372$20,803,642$45,835,146
45$60,941,542$27,350,526$21,439,280$49,830,229
46$67,094,365$28,627,487$22,094,282$54,206,354
47$73,872,785$29,965,029$22,769,235$59,001,303
48$81,340,549$31,366,056$23,464,745$64,256,666
49$89,567,908$32,833,615$24,181,436$70,018,226
50$98,632,271$34,370,898$24,919,951$76,336,385
51$108,618,945$35,981,255$25,680,951$83,266,633
52$119,621,934$37,668,194$26,465,120$90,870,065
53$131,744,830$39,435,394$27,273,161$99,213,950
54$145,101,787$41,286,712$28,105,796$108,372,357
55$159,818,602$43,226,194$28,963,773$118,426,846
56$176,033,900$45,258,078$29,847,859$129,467,231
57$193,900,443$47,386,808$30,758,848$141,592,420
58$213,586,572$49,617,046$31,697,553$154,911,334
59$235,277,797$51,953,676$32,664,816$169,543,930
60$259,178,548$54,401,822$33,661,503$185,622,322
61$285,514,100$56,966,852$34,688,504$203,292,015
62$314,532,709$59,654,398$35,746,739$222,713,273
63$346,507,945$62,470,363$36,837,155$244,062,614
64$381,741,281$65,420,937$37,960,725$267,534,467
65$420,564,938$68,512,609$39,118,456$293,342,995
66$463,345,018$71,752,183$40,311,380$321,724,103
67$510,484,964$75,146,794$41,540,566$352,937,648
68$562,429,365$78,703,922$42,807,109$387,269,883
69$619,668,156$82,431,409$44,112,143$425,036,139
70$682,741,239$86,337,480$45,456,831$466,583,788
71$752,243,585$90,430,756$46,842,374$512,295,506
72$828,830,847$94,720,279$48,270,010$562,592,866
73$913,225,550$99,215,529$49,741,012$617,940,302
74$1,006,223,911$103,926,446$51,256,691$678,849,472
75$1,108,703,361$108,863,452$52,818,401$745,884,067
76$1,221,630,820$114,037,477$54,427,533$819,665,118
77$1,346,071,830$119,459,980$56,085,522$900,876,828
78$1,483,200,615$125,142,978$57,793,846$990,273,014
79$1,634,311,165$131,099,071$59,554,027$1,088,684,198
80$1,800,829,449$137,341,471$61,367,632$1,197,025,423
81$1,984,326,883$143,884,032$63,236,277$1,316,304,862
82$2,186,535,159$150,741,284$65,161,627$1,447,633,311
83$2,409,362,597$157,928,459$67,145,393$1,592,234,648
84$2,654,912,161$165,461,533$69,189,343$1,751,457,353
85$2,925,501,310$173,357,256$71,295,294$1,926,787,209
86$3,223,683,877$181,633,195$73,465,121$2,119,861,295
87$3,552,274,182$190,307,771$75,700,751$2,332,483,409
88$3,914,373,595$199,400,299$78,004,173$2,566,641,058
89$4,313,399,824$208,931,035$80,377,435$2,824,524,182
90$4,753,119,171$218,921,221$82,822,645$3,108,545,793
91$5,237,682,098$229,393,133$85,341,975$3,421,364,712
92$5,771,662,404$240,370,128$87,937,662$3,765,910,627
93$6,360,100,408$251,876,703$90,612,013$4,145,411,705
94$7,008,550,534$263,938,546$93,367,400$4,563,425,020
95$7,723,133,750$276,582,596$96,206,269$5,023,870,088
96$8,510,595,352$289,837,102$99,131,138$5,531,065,814
97$9,378,368,649$303,731,691$102,144,602$6,089,771,213
98$10,334,645,138$318,297,431$105,249,334$6,705,230,283
99$11,388,451,840$333,566,904$108,448,084$7,383,221,449
100$12,549,736,522$349,574,276$111,743,690$8,130,112,057