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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.1%
1 years$990,949$982,122$973,510$965,105$956,897$948,483
2 years$490,569$481,432$472,578$463,993$455,665$447,187
3 years$323,797$314,621$305,789$297,285$289,093$280,812
4 years$240,428$231,280$222,536$214,177$206,183$198,165
5 years$190,419$181,326$172,697$164,508$156,737$149,004
6 years$157,091$148,067$139,565$131,559$124,021$116,583
7 years$133,294$124,346$115,979$108,162$100,862$93,722
8 years$115,455$106,588$98,360$90,734$83,675$76,833
9 years$101,588$92,804$84,717$77,285$70,466$63,921
10 years$90,500$81,802$73,858$66,621$60,041$53,788
11 years$81,434$72,823$65,024$57,980$51,637$45,672
12 years$73,885$65,362$57,707$50,856$44,748$39,064
13 years$67,502$59,068$51,557$44,898$39,021$33,612
14 years$62,035$53,692$46,324$39,856$34,205$29,065
15 years$57,302$49,048$41,825$35,544$30,117$25,238
16 years$53,165$45,001$37,920$31,826$26,618$21,992
17 years$49,518$41,444$34,506$28,595$23,601$19,221
18 years$46,279$38,296$31,499$25,770$20,985$16,842
19 years$43,385$35,493$28,836$23,286$18,704$14,789
20 years$40,784$32,981$26,464$21,090$16,707$13,012
21 years$38,434$30,721$24,342$19,140$14,951$11,467
22 years$36,300$28,677$22,435$17,403$13,401$10,120
23 years$34,354$26,821$20,715$15,849$12,030$8,943
24 years$32,574$25,129$19,158$14,455$10,813$7,911
25 years$30,938$23,583$17,744$13,201$9,730$7,005
26 years$29,430$22,164$16,457$12,071$8,764$6,208
27 years$28,037$20,859$15,281$11,049$7,902$5,506
28 years$26,745$19,655$14,206$10,123$7,130$4,886
29 years$25,545$18,542$13,220$9,283$6,438$4,339
30 years$24,427$17,511$12,314$8,519$5,817$3,855
31 years$23,383$16,554$11,480$7,824$5,259$3,426
32 years$22,406$15,663$10,711$7,191$4,757$3,047
33 years$21,490$14,834$10,001$6,613$4,305$2,710
34 years$20,630$14,059$9,344$6,084$3,898$2,411
35 years$19,821$13,335$8,736$5,601$3,531$2,146
36 years$19,059$12,656$8,172$5,158$3,199$1,911
37 years$18,339$12,021$7,649$4,753$2,899$1,701
38 years$17,659$11,424$7,163$4,381$2,629$1,515
39 years$17,016$10,863$6,711$4,039$2,384$1,350
40 years$16,406$10,335$6,290$3,725$2,162$1,203
41 years$15,827$9,838$5,898$3,437$1,961$1,072
42 years$15,278$9,370$5,533$3,172$1,780$955
43 years$14,755$8,927$5,192$2,928$1,615$851
44 years$14,258$8,510$4,873$2,704$1,466$759
45 years$13,784$8,115$4,576$2,497$1,331$676
46 years$13,332$7,741$4,298$2,307$1,209$603
47 years$12,900$7,387$4,038$2,131$1,097$538
48 years$12,488$7,052$3,794$1,969$997$479
49 years$12,094$6,735$3,567$1,820$905$427
50 years$11,716$6,433$3,353$1,682$822$381

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 $6,986 every year, while hoping to spend $24,916 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: 73/10/17 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,231,206$12,595,206$12,409,206$14,144,836
36$14,554,279$13,185,861$12,798,404$15,342,402
37$16,011,470$13,804,622$13,199,805$16,650,157
38$17,616,433$14,452,842$13,613,792$18,082,093
39$19,384,213$15,131,936$14,040,758$19,650,530
40$21,331,391$15,843,389$14,481,112$21,369,034
41$23,476,236$16,588,758$14,935,272$23,252,539
42$25,838,879$17,369,674$15,403,671$25,317,488
43$28,441,507$18,187,850$15,886,755$27,581,985
44$31,308,564$19,045,079$16,384,986$30,065,966
45$34,466,992$19,943,241$16,898,837$32,791,384
46$37,946,475$20,884,310$17,428,798$35,782,413
47$41,779,727$21,870,353$17,975,374$39,065,674
48$46,002,795$22,903,537$18,539,085$42,670,486
49$50,655,406$23,986,135$19,120,470$46,629,139
50$55,781,332$25,120,531$19,720,081$50,977,195
51$61,428,814$26,309,223$20,338,490$55,753,823
52$67,651,010$27,554,831$20,976,285$61,002,165
53$74,506,497$28,860,103$21,634,076$66,769,741
54$82,059,830$30,227,918$22,312,487$73,108,892
55$90,382,143$31,661,296$23,012,166$80,077,276
56$99,551,827$33,163,405$23,733,779$87,738,403
57$109,655,266$34,737,564$24,478,013$96,162,235
58$120,787,654$36,387,255$25,245,577$105,425,842
59$133,053,893$38,116,129$26,037,202$115,614,124
60$146,569,584$39,928,014$26,853,643$126,820,614
61$161,462,118$41,826,923$27,695,676$139,148,348
62$177,871,877$43,817,065$28,564,105$152,710,841
63$195,953,562$45,902,854$29,459,755$167,633,153
64$215,877,649$48,088,918$30,383,480$184,053,060
65$237,832,002$50,380,108$31,336,160$202,122,355
66$262,023,647$52,781,514$32,318,702$222,008,276
67$288,680,723$55,298,472$33,332,042$243,895,074
68$318,054,635$57,936,576$34,377,145$267,985,755
69$350,422,435$60,701,695$35,455,005$294,503,982
70$386,089,425$63,599,980$36,566,651$323,696,187
71$425,392,052$66,637,885$37,713,139$355,833,891
72$468,701,074$69,822,174$38,895,562$391,216,255
73$516,425,066$73,159,943$40,115,045$430,172,903
74$569,014,274$76,658,631$41,372,751$473,067,026
75$626,964,868$80,326,042$42,669,876$520,298,802
76$690,823,624$84,170,357$44,007,655$572,309,164
77$761,193,084$88,200,156$45,387,363$629,583,960
78$838,737,252$92,424,436$46,810,313$692,658,526
79$924,187,853$96,852,635$48,277,859$762,122,736
80$1,018,351,246$101,494,646$49,791,400$838,626,558
81$1,122,116,036$106,360,847$51,352,375$922,886,179
82$1,236,461,464$111,462,120$52,962,272$1,015,690,763
83$1,362,466,647$116,809,878$54,622,622$1,117,909,883
84$1,501,320,772$122,416,089$56,335,006$1,230,501,726
85$1,654,334,316$128,293,303$58,101,055$1,354,522,123
86$1,822,951,426$134,454,684$59,922,449$1,491,134,506
87$2,008,763,543$140,914,036$61,800,923$1,641,620,881
88$2,213,524,435$147,685,834$63,738,265$1,807,393,917
89$2,439,166,749$154,785,261$65,736,318$1,990,010,267
90$2,687,820,258$162,228,239$67,796,985$2,191,185,253
91$2,961,831,967$170,031,466$69,922,227$2,412,809,045
92$3,263,788,273$178,212,454$72,114,067$2,656,964,487
93$3,596,539,380$186,789,567$74,374,591$2,925,946,748
94$3,963,226,208$195,782,067$76,705,951$3,222,284,971
95$4,367,310,047$205,210,153$79,110,366$3,548,766,135
96$4,812,605,232$215,095,011$81,590,123$3,908,461,345
97$5,303,315,157$225,458,858$84,147,584$4,304,754,809
98$5,844,071,956$236,324,996$86,785,182$4,741,375,765
99$6,439,980,237$247,717,861$89,505,426$5,222,433,671
100$7,096,665,270$259,663,085$92,310,907$5,752,456,977