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%19.7%
1 years$990,949$982,122$973,510$965,105$956,897$919,657
2 years$490,569$481,432$472,578$463,993$455,665$418,597
3 years$323,797$314,621$305,789$297,285$289,093$253,362
4 years$240,428$231,280$222,536$214,177$206,183$172,063
5 years$190,419$181,326$172,697$164,508$156,737$124,315
6 years$157,091$148,067$139,565$131,559$124,021$93,317
7 years$133,294$124,346$115,979$108,162$100,862$71,867
8 years$115,455$106,588$98,360$90,734$83,675$56,360
9 years$101,588$92,804$84,717$77,285$70,466$44,791
10 years$90,500$81,802$73,858$66,621$60,041$35,956
11 years$81,434$72,823$65,024$57,980$51,637$29,089
12 years$73,885$65,362$57,707$50,856$44,748$23,676
13 years$67,502$59,068$51,557$44,898$39,021$19,363
14 years$62,035$53,692$46,324$39,856$34,205$15,896
15 years$57,302$49,048$41,825$35,544$30,117$13,091
16 years$53,165$45,001$37,920$31,826$26,618$10,808
17 years$49,518$41,444$34,506$28,595$23,601$8,942
18 years$46,279$38,296$31,499$25,770$20,985$7,410
19 years$43,385$35,493$28,836$23,286$18,704$6,149
20 years$40,784$32,981$26,464$21,090$16,707$5,108
21 years$38,434$30,721$24,342$19,140$14,951$4,248
22 years$36,300$28,677$22,435$17,403$13,401$3,535
23 years$34,354$26,821$20,715$15,849$12,030$2,944
24 years$32,574$25,129$19,158$14,455$10,813$2,453
25 years$30,938$23,583$17,744$13,201$9,730$2,045
26 years$29,430$22,164$16,457$12,071$8,764$1,705
27 years$28,037$20,859$15,281$11,049$7,902$1,422
28 years$26,745$19,655$14,206$10,123$7,130$1,187
29 years$25,545$18,542$13,220$9,283$6,438$990
30 years$24,427$17,511$12,314$8,519$5,817$827
31 years$23,383$16,554$11,480$7,824$5,259$690
32 years$22,406$15,663$10,711$7,191$4,757$576
33 years$21,490$14,834$10,001$6,613$4,305$481
34 years$20,630$14,059$9,344$6,084$3,898$402
35 years$19,821$13,335$8,736$5,601$3,531$335
36 years$19,059$12,656$8,172$5,158$3,199$280
37 years$18,339$12,021$7,649$4,753$2,899$234
38 years$17,659$11,424$7,163$4,381$2,629$195
39 years$17,016$10,863$6,711$4,039$2,384$163
40 years$16,406$10,335$6,290$3,725$2,162$136
41 years$15,827$9,838$5,898$3,437$1,961$114
42 years$15,278$9,370$5,533$3,172$1,780$95
43 years$14,755$8,927$5,192$2,928$1,615$79
44 years$14,258$8,510$4,873$2,704$1,466$66
45 years$13,784$8,115$4,576$2,497$1,331$55
46 years$13,332$7,741$4,298$2,307$1,209$46
47 years$12,900$7,387$4,038$2,131$1,097$39
48 years$12,488$7,052$3,794$1,969$997$32
49 years$12,094$6,735$3,567$1,820$905$27
50 years$11,716$6,433$3,353$1,682$822$23

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 $6,389 every year, while hoping to spend $44,344 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: 54/24/22 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,230,590$12,594,590$12,408,590$13,864,926
36$14,532,929$13,164,544$12,777,096$14,871,190
37$15,966,620$13,760,938$13,156,461$15,960,866
38$17,545,014$14,385,023$13,547,002$17,146,168
39$19,282,823$15,038,107$13,949,044$18,436,253
40$21,196,258$15,721,561$14,362,924$19,841,191
41$23,303,180$16,436,822$14,788,986$21,372,051
42$25,623,273$17,185,394$15,227,585$23,041,006
43$28,178,225$17,968,857$15,679,088$24,861,442
44$30,991,936$18,788,863$16,143,869$26,848,084
45$34,090,740$19,647,144$16,622,315$29,017,127
46$37,503,658$20,545,516$17,114,825$31,386,388
47$41,262,667$21,485,882$17,621,808$33,975,469
48$45,403,004$22,470,236$18,143,683$36,805,936
49$49,963,499$23,500,666$18,680,886$39,901,520
50$54,986,941$24,579,363$19,233,860$43,288,337
51$60,520,479$25,708,623$19,803,064$46,995,128
52$66,616,072$26,890,849$20,388,971$51,053,523
53$73,330,973$28,128,563$20,992,064$55,498,340
54$80,728,277$29,424,407$21,612,842$60,367,903
55$88,877,509$30,781,150$22,251,820$65,704,398
56$97,855,283$32,201,694$22,909,524$71,554,269
57$107,746,026$33,689,082$23,586,497$77,968,646
58$118,642,774$35,246,501$24,283,299$85,003,822
59$130,648,051$36,877,293$25,000,503$92,721,779
60$143,874,832$38,584,961$25,738,700$101,190,764
61$158,447,617$40,373,175$26,498,498$110,485,925
62$174,503,599$42,245,786$27,280,523$120,690,015
63$192,193,962$44,206,825$28,085,416$131,894,163
64$211,685,308$46,260,522$28,913,840$144,198,726
65$233,161,230$48,411,308$29,766,474$157,714,226
66$256,824,043$50,663,829$30,644,018$172,562,385
67$282,896,694$53,022,956$31,547,192$188,877,266
68$311,624,868$55,493,792$32,476,734$206,806,525
69$343,279,307$58,081,690$33,433,407$226,512,794
70$378,158,362$60,792,259$34,417,992$248,175,207
71$416,590,815$63,631,380$35,431,295$271,991,079
72$458,938,978$66,605,217$36,474,143$298,177,756
73$505,602,114$69,720,233$37,547,387$326,974,651
74$557,020,207$72,983,202$38,651,902$358,645,497
75$613,678,117$76,401,228$39,788,589$393,480,815
76$676,110,152$79,981,754$40,958,374$431,800,647
77$744,905,115$83,732,588$42,162,207$473,957,561
78$820,711,864$87,661,913$43,401,069$520,339,961
79$904,245,434$91,778,306$44,675,964$571,375,740
80$996,293,789$96,090,764$45,987,929$627,536,299
81$1,097,725,258$100,608,714$47,338,028$689,340,980
82$1,209,496,736$105,342,043$48,727,354$757,361,951
83$1,332,662,716$110,301,115$50,157,032$832,229,584
84$1,468,385,241$115,496,797$51,628,221$914,638,387
85$1,617,944,877$120,940,482$53,142,108$1,005,353,538
86$1,782,752,803$126,644,115$54,699,917$1,105,218,089
87$1,964,364,131$132,620,218$56,302,906$1,215,160,893
88$2,164,492,586$138,881,922$57,952,367$1,336,205,355
89$2,385,026,687$145,442,994$59,649,629$1,469,479,063
90$2,628,047,577$152,317,868$61,396,059$1,616,224,409
91$2,895,848,664$159,521,679$63,193,062$1,777,810,285
92$3,190,957,280$167,070,293$65,042,082$1,955,744,978
93$3,516,158,535$174,980,349$66,944,603$2,151,690,379
94$3,874,521,611$183,269,292$68,902,153$2,367,477,636
95$4,269,428,740$191,955,412$70,916,300$2,605,124,412
96$4,704,607,133$201,057,889$72,988,658$2,866,853,889
97$5,184,164,167$210,596,832$75,120,884$3,155,115,726
98$5,712,626,163$220,593,327$77,314,684$3,472,609,144
99$6,294,981,115$231,069,484$79,571,810$3,822,308,363
100$6,936,725,786$242,048,486$81,894,063$4,207,490,644