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%13.1%
1 years$1,106,559$1,096,703$1,087,086$1,077,700$1,068,535$1,054,745
2 years$547,802$537,599$527,712$518,125$508,826$494,953
3 years$361,573$351,327$341,464$331,968$322,820$309,295
4 years$268,478$258,263$248,499$239,164$230,238$217,165
5 years$212,635$202,481$192,845$183,701$175,023$162,440
6 years$175,418$165,341$155,848$146,907$138,490$126,411
7 years$148,845$138,853$129,510$120,780$112,629$101,060
8 years$128,925$119,023$109,835$101,320$93,437$82,376
9 years$113,439$103,631$94,601$86,302$78,687$68,130
10 years$101,058$91,345$82,475$74,393$67,046$56,984
11 years$90,935$81,319$72,610$64,744$57,661$48,087
12 years$82,505$72,988$64,439$56,789$49,968$40,870
13 years$75,377$65,960$57,572$50,137$43,573$34,939
14 years$69,273$59,956$51,729$44,506$38,196$30,013
15 years$63,987$54,771$46,704$39,691$33,631$25,885
16 years$59,367$50,251$42,344$35,539$29,723$22,401
17 years$55,295$46,279$38,532$31,932$26,354$19,441
18 years$51,679$42,764$35,174$28,777$23,433$16,914
19 years$48,447$39,633$32,200$26,002$20,887$14,746
20 years$45,542$36,829$29,552$23,550$18,656$12,879
21 years$42,918$34,305$27,182$21,373$16,695$11,265
22 years$40,535$32,022$25,053$19,433$14,965$9,867
23 years$38,362$29,950$23,132$17,698$13,433$8,653
24 years$36,374$28,061$21,393$16,142$12,074$7,596
25 years$34,547$26,334$19,814$14,742$10,865$6,673
26 years$32,864$24,750$18,376$13,479$9,787$5,867
27 years$31,308$23,292$17,064$12,338$8,824$5,162
28 years$29,866$21,948$15,863$11,304$7,962$4,545
29 years$28,525$20,706$14,762$10,366$7,189$4,003
30 years$27,277$19,554$13,750$9,513$6,496$3,528
31 years$26,111$18,485$12,819$8,737$5,873$3,110
32 years$25,020$17,491$11,960$8,030$5,312$2,743
33 years$23,997$16,564$11,168$7,384$4,808$2,419
34 years$23,037$15,699$10,434$6,794$4,353$2,135
35 years$22,134$14,890$9,755$6,254$3,943$1,884
36 years$21,282$14,133$9,126$5,760$3,572$1,663
37 years$20,479$13,423$8,542$5,307$3,238$1,469
38 years$19,720$12,757$7,999$4,892$2,935$1,297
39 years$19,001$12,130$7,494$4,510$2,662$1,145
40 years$18,320$11,541$7,024$4,160$2,414$1,012
41 years$17,674$10,986$6,586$3,838$2,190$894
42 years$17,060$10,463$6,178$3,542$1,987$790
43 years$16,477$9,969$5,798$3,270$1,804$698
44 years$15,921$9,502$5,442$3,019$1,637$617
45 years$15,392$9,061$5,110$2,788$1,486$545
46 years$14,887$8,644$4,799$2,576$1,350$482
47 years$14,405$8,249$4,509$2,380$1,225$426
48 years$13,945$7,875$4,237$2,199$1,113$376
49 years$13,504$7,520$3,983$2,032$1,011$333
50 years$13,083$7,184$3,744$1,878$918$294

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 $5,158 every year, while hoping to spend $38,177 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: 47/30/23 Blend
29$13,400,000$13,400,000$13,400,000$13,400,000
30$14,772,120$14,061,920$13,854,220$15,369,202
31$16,238,257$14,710,335$14,277,717$16,436,527
32$17,852,659$15,389,241$14,714,121$17,590,168
33$19,630,411$16,100,095$15,163,824$18,841,632
34$21,588,132$16,844,419$15,627,232$20,200,103
35$23,744,137$17,623,810$16,104,759$21,675,668
36$26,118,605$18,439,943$16,596,835$23,279,408
37$28,733,775$19,294,573$17,103,901$25,023,498
38$31,614,151$20,189,538$17,626,413$26,921,317
39$34,786,736$21,126,766$18,164,839$28,987,570
40$38,281,284$22,108,279$18,719,662$31,238,418
41$42,130,585$23,136,195$19,291,380$33,691,630
42$46,370,769$24,212,733$19,880,507$36,366,738
43$51,041,653$25,340,222$20,487,569$39,285,225
44$56,187,111$26,521,102$21,113,111$42,470,711
45$61,855,490$27,757,930$21,757,695$45,949,177
46$68,100,069$29,053,387$22,421,896$49,749,197
47$74,979,557$30,410,284$23,106,311$53,902,207
48$82,558,651$31,831,568$23,811,552$58,442,788
49$90,908,646$33,320,327$24,538,251$63,408,989
50$100,108,103$34,879,798$25,287,058$68,842,674
51$110,243,599$36,513,377$26,058,643$74,789,912
52$121,410,535$38,224,623$26,853,698$81,301,400
53$133,714,046$40,017,265$27,672,932$88,432,934
54$147,269,983$41,895,215$28,517,079$96,245,923
55$162,206,014$43,862,574$29,386,895$104,807,961
56$178,662,827$45,923,639$30,283,155$114,193,456
57$196,795,456$48,082,919$31,206,662$124,484,313
58$216,774,748$50,345,137$32,158,240$135,770,704
59$238,788,972$52,715,248$33,138,741$148,151,902
60$263,045,597$55,198,445$34,149,039$161,737,208
61$289,773,252$57,800,174$35,190,036$176,646,966
62$319,223,884$60,526,143$36,262,663$193,013,685
63$351,675,135$63,382,337$37,367,876$210,983,281
64$387,432,960$66,375,034$38,506,661$230,716,428
65$426,834,523$69,510,812$39,680,036$252,390,070
66$470,251,373$72,796,570$40,889,045$276,199,068
67$518,092,953$76,239,541$42,134,768$302,358,020
68$570,810,466$79,847,311$43,418,315$331,103,274
69$628,901,134$83,627,830$44,740,829$362,695,136
70$692,912,893$87,589,437$46,103,490$397,420,307
71$763,449,562$91,740,873$47,507,511$435,594,571
72$841,176,547$96,091,306$48,954,142$477,565,750
73$926,827,121$100,650,346$50,444,672$523,716,966
74$1,021,209,347$105,428,072$51,980,428$574,470,234
75$1,125,213,704$110,435,052$53,562,776$630,290,421
76$1,239,821,497$115,682,365$55,193,125$691,689,605
77$1,366,114,120$121,181,630$56,872,924$759,231,885
78$1,505,283,260$126,945,030$58,603,668$833,538,673
79$1,658,642,157$132,985,341$60,386,894$915,294,534
80$1,827,637,990$139,315,956$62,224,189$1,005,253,614
81$2,013,865,551$145,950,923$64,117,185$1,104,246,727
82$2,219,082,290$152,904,971$66,067,563$1,213,189,162
83$2,445,224,913$160,193,545$68,077,056$1,333,089,291
84$2,694,427,666$167,832,840$70,147,449$1,465,058,045
85$2,969,042,478$175,839,839$72,280,579$1,610,319,365
86$3,271,661,171$184,232,352$74,478,339$1,770,221,714
87$3,605,139,927$193,029,053$76,742,679$1,946,250,763
88$3,972,626,249$202,249,527$79,075,609$2,140,043,372
89$4,377,588,680$211,914,308$81,479,196$2,353,402,992
90$4,823,849,548$222,044,931$83,955,571$2,588,316,644
91$5,315,621,050$232,663,980$86,506,931$2,846,973,622
92$5,857,545,018$243,795,137$89,135,534$3,131,786,108
93$6,454,736,746$255,463,234$91,843,710$3,445,411,885
94$7,112,833,277$267,694,316$94,633,857$3,790,779,372
95$7,838,046,626$280,515,692$97,508,446$4,171,115,200
96$8,637,222,423$293,956,002$100,470,021$4,589,974,614
97$9,517,904,546$308,045,282$103,521,202$5,051,274,966
98$10,488,406,337$322,815,028$106,664,689$5,559,332,622
99$11,557,889,089$338,298,270$109,903,262$6,118,903,639
100$12,736,448,539$354,529,648$113,239,785$6,735,228,585