Can I retire at age 35 with 12,000,000?

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$990,949$982,122$973,510$965,105$956,897$945,724
2 years$490,569$481,432$472,578$463,993$455,665$444,419
3 years$323,797$314,621$305,789$297,285$289,093$278,123
4 years$240,428$231,280$222,536$214,177$206,183$195,574
5 years$190,419$181,326$172,697$164,508$156,737$146,519
6 years$157,091$148,067$139,565$131,559$124,021$114,207
7 years$133,294$124,346$115,979$108,162$100,862$91,456
8 years$115,455$106,588$98,360$90,734$83,675$74,676
9 years$101,588$92,804$84,717$77,285$70,466$61,871
10 years$90,500$81,802$73,858$66,621$60,041$51,844
11 years$81,434$72,823$65,024$57,980$51,637$43,830
12 years$73,885$65,362$57,707$50,856$44,748$37,323
13 years$67,502$59,068$51,557$44,898$39,021$31,970
14 years$62,035$53,692$46,324$39,856$34,205$27,517
15 years$57,302$49,048$41,825$35,544$30,117$23,781
16 years$53,165$45,001$37,920$31,826$26,618$20,623
17 years$49,518$41,444$34,506$28,595$23,601$17,936
18 years$46,279$38,296$31,499$25,770$20,985$15,638
19 years$43,385$35,493$28,836$23,286$18,704$13,663
20 years$40,784$32,981$26,464$21,090$16,707$11,959
21 years$38,434$30,721$24,342$19,140$14,951$10,485
22 years$36,300$28,677$22,435$17,403$13,401$9,205
23 years$34,354$26,821$20,715$15,849$12,030$8,090
24 years$32,574$25,129$19,158$14,455$10,813$7,118
25 years$30,938$23,583$17,744$13,201$9,730$6,269
26 years$29,430$22,164$16,457$12,071$8,764$5,525
27 years$28,037$20,859$15,281$11,049$7,902$4,873
28 years$26,745$19,655$14,206$10,123$7,130$4,300
29 years$25,545$18,542$13,220$9,283$6,438$3,797
30 years$24,427$17,511$12,314$8,519$5,817$3,354
31 years$23,383$16,554$11,480$7,824$5,259$2,964
32 years$22,406$15,663$10,711$7,191$4,757$2,621
33 years$21,490$14,834$10,001$6,613$4,305$2,317
34 years$20,630$14,059$9,344$6,084$3,898$2,050
35 years$19,821$13,335$8,736$5,601$3,531$1,814
36 years$19,059$12,656$8,172$5,158$3,199$1,605
37 years$18,339$12,021$7,649$4,753$2,899$1,421
38 years$17,659$11,424$7,163$4,381$2,629$1,258
39 years$17,016$10,863$6,711$4,039$2,384$1,114
40 years$16,406$10,335$6,290$3,725$2,162$987
41 years$15,827$9,838$5,898$3,437$1,961$874
42 years$15,278$9,370$5,533$3,172$1,780$774
43 years$14,755$8,927$5,192$2,928$1,615$686
44 years$14,258$8,510$4,873$2,704$1,466$608
45 years$13,784$8,115$4,576$2,497$1,331$538
46 years$13,332$7,741$4,298$2,307$1,209$477
47 years$12,900$7,387$4,038$2,131$1,097$423
48 years$12,488$7,052$3,794$1,969$997$375
49 years$12,094$6,735$3,567$1,820$905$332
50 years$11,716$6,433$3,353$1,682$822$294

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $12,000,000, adding $2,954 every year, while hoping to spend $23,577 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: 23/48/29 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,227,047$12,591,047$12,405,047$13,410,177
36$14,551,120$13,182,923$12,795,530$14,162,427
37$16,009,458$13,803,010$13,198,305$14,965,046
38$17,615,732$14,452,666$13,613,757$15,823,850
39$19,385,005$15,133,315$14,042,286$16,743,495
40$21,333,876$15,846,449$14,484,303$17,729,061
41$23,480,638$16,593,631$14,940,234$18,786,101
42$25,845,447$17,376,502$15,410,515$19,920,679
43$28,450,514$18,196,783$15,895,600$21,139,428
44$31,320,317$19,056,275$16,395,952$22,449,599
45$34,481,826$19,956,870$16,912,054$23,859,123
46$37,964,765$20,900,549$17,444,400$25,376,682
47$41,801,887$21,889,391$17,993,503$27,011,776
48$46,029,283$22,925,575$18,559,889$28,774,808
49$50,686,727$24,011,386$19,144,102$30,677,174
50$55,818,047$25,149,218$19,746,704$32,731,355
51$61,471,543$26,341,584$20,368,274$34,951,034
52$67,700,437$27,591,118$21,009,407$37,351,203
53$74,563,380$28,900,582$21,670,721$39,948,305
54$82,125,004$30,272,870$22,352,850$42,760,369
55$90,456,533$31,711,019$23,056,449$45,807,173
56$99,636,454$33,218,214$23,782,194$49,110,416
57$109,751,257$34,797,791$24,530,783$52,693,909
58$120,896,255$36,453,252$25,302,933$56,583,789
59$133,176,479$38,188,267$26,099,387$60,808,747
60$146,707,673$40,006,686$26,920,910$65,400,288
61$161,617,386$41,912,544$27,768,291$70,393,008
62$178,046,173$43,910,072$28,642,343$75,824,908
63$196,148,927$46,003,710$29,543,905$81,737,733
64$216,096,336$48,198,111$30,473,845$88,177,348
65$238,076,498$50,498,154$31,433,054$95,194,153
66$262,296,694$52,908,956$32,422,455$102,843,540
67$288,985,347$55,435,885$33,442,996$111,186,390
68$318,394,175$58,084,566$34,495,660$120,289,632
69$350,800,572$60,860,900$35,581,455$130,226,847
70$386,510,222$63,771,077$36,701,426$141,078,944
71$425,859,988$66,821,583$37,856,647$152,934,892
72$469,221,091$70,019,225$39,048,229$165,892,541
73$517,002,613$73,371,137$40,277,315$180,059,513
74$569,655,361$76,884,804$41,545,087$195,554,192
75$627,676,121$80,568,073$42,852,760$212,506,808
76$691,612,350$84,429,173$44,201,593$231,060,641
77$762,067,342$88,476,735$45,592,878$251,373,336
78$839,705,925$92,719,809$47,027,954$273,618,357
79$925,260,736$97,167,887$48,508,198$297,986,592
80$1,019,539,140$101,830,922$50,035,031$324,688,113
81$1,123,430,848$106,719,353$51,609,920$353,954,121
82$1,237,916,320$111,844,126$53,234,378$386,039,090
83$1,364,076,018$117,216,723$54,909,963$421,223,121
84$1,503,100,612$122,849,182$56,638,287$459,814,548
85$1,656,302,212$128,754,130$58,421,007$502,152,791
86$1,825,126,764$134,944,808$60,259,837$548,611,522
87$2,011,167,695$141,435,105$62,156,542$599,602,133
88$2,216,180,957$148,239,582$64,112,944$655,577,566
89$2,442,101,608$155,373,515$66,130,921$717,036,535
90$2,691,062,077$162,852,922$68,212,412$784,528,172
91$2,965,412,296$170,694,602$70,359,415$858,657,149
92$3,267,741,886$178,916,174$72,573,991$940,089,321
93$3,600,904,607$187,536,115$74,858,269$1,029,557,944
94$3,968,045,297$196,573,805$77,214,441$1,127,870,523
95$4,372,629,563$206,049,566$79,644,769$1,235,916,363
96$4,818,476,498$215,984,715$82,151,589$1,354,674,884
97$5,309,794,740$226,401,605$84,737,307$1,485,224,785
98$5,851,222,203$237,323,683$87,404,406$1,628,754,141
99$6,447,869,861$248,775,538$90,155,447$1,786,571,529
100$7,105,370,005$260,782,957$92,993,073$1,960,118,286