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%12.9%
1 years$990,949$982,122$973,510$965,105$956,897$945,331
2 years$490,569$481,432$472,578$463,993$455,665$444,026
3 years$323,797$314,621$305,789$297,285$289,093$277,741
4 years$240,428$231,280$222,536$214,177$206,183$195,207
5 years$190,419$181,326$172,697$164,508$156,737$146,168
6 years$157,091$148,067$139,565$131,559$124,021$113,872
7 years$133,294$124,346$115,979$108,162$100,862$91,137
8 years$115,455$106,588$98,360$90,734$83,675$74,373
9 years$101,588$92,804$84,717$77,285$70,466$61,584
10 years$90,500$81,802$73,858$66,621$60,041$51,571
11 years$81,434$72,823$65,024$57,980$51,637$43,573
12 years$73,885$65,362$57,707$50,856$44,748$37,081
13 years$67,502$59,068$51,557$44,898$39,021$31,741
14 years$62,035$53,692$46,324$39,856$34,205$27,302
15 years$57,302$49,048$41,825$35,544$30,117$23,580
16 years$53,165$45,001$37,920$31,826$26,618$20,434
17 years$49,518$41,444$34,506$28,595$23,601$17,759
18 years$46,279$38,296$31,499$25,770$20,985$15,472
19 years$43,385$35,493$28,836$23,286$18,704$13,509
20 years$40,784$32,981$26,464$21,090$16,707$11,816
21 years$38,434$30,721$24,342$19,140$14,951$10,351
22 years$36,300$28,677$22,435$17,403$13,401$9,080
23 years$34,354$26,821$20,715$15,849$12,030$7,975
24 years$32,574$25,129$19,158$14,455$10,813$7,011
25 years$30,938$23,583$17,744$13,201$9,730$6,170
26 years$29,430$22,164$16,457$12,071$8,764$5,433
27 years$28,037$20,859$15,281$11,049$7,902$4,788
28 years$26,745$19,655$14,206$10,123$7,130$4,222
29 years$25,545$18,542$13,220$9,283$6,438$3,725
30 years$24,427$17,511$12,314$8,519$5,817$3,288
31 years$23,383$16,554$11,480$7,824$5,259$2,903
32 years$22,406$15,663$10,711$7,191$4,757$2,565
33 years$21,490$14,834$10,001$6,613$4,305$2,266
34 years$20,630$14,059$9,344$6,084$3,898$2,003
35 years$19,821$13,335$8,736$5,601$3,531$1,771
36 years$19,059$12,656$8,172$5,158$3,199$1,566
37 years$18,339$12,021$7,649$4,753$2,899$1,385
38 years$17,659$11,424$7,163$4,381$2,629$1,225
39 years$17,016$10,863$6,711$4,039$2,384$1,084
40 years$16,406$10,335$6,290$3,725$2,162$959
41 years$15,827$9,838$5,898$3,437$1,961$849
42 years$15,278$9,370$5,533$3,172$1,780$751
43 years$14,755$8,927$5,192$2,928$1,615$665
44 years$14,258$8,510$4,873$2,704$1,466$588
45 years$13,784$8,115$4,576$2,497$1,331$521
46 years$13,332$7,741$4,298$2,307$1,209$461
47 years$12,900$7,387$4,038$2,131$1,097$408
48 years$12,488$7,052$3,794$1,969$997$362
49 years$12,094$6,735$3,567$1,820$905$320
50 years$11,716$6,433$3,353$1,682$822$283

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 $2,089 every year, while hoping to spend $23,326 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: 44/31/25 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,226,155$12,590,155$12,404,155$13,712,066
36$14,550,404$13,182,254$12,794,875$14,649,512
37$16,008,945$13,802,584$13,197,903$15,662,640
38$17,615,450$14,452,503$13,613,626$16,760,417
39$19,384,987$15,133,437$14,042,444$17,950,716
40$21,334,159$15,846,879$14,484,769$19,242,179
41$23,481,262$16,594,394$14,941,027$20,644,297
42$25,846,456$17,377,625$15,411,657$22,167,492
43$28,451,958$18,198,292$15,897,111$23,823,215
44$31,322,250$19,058,201$16,397,856$25,624,042
45$34,484,310$19,959,243$16,914,375$27,583,796
46$37,967,866$20,903,403$17,447,163$29,717,664
47$41,805,679$21,892,760$17,996,734$32,042,340
48$46,033,850$22,929,497$18,563,616$34,576,175
49$50,692,159$24,015,899$19,148,354$37,339,342
50$55,824,446$25,154,365$19,751,510$40,354,024
51$61,479,020$26,347,409$20,373,666$43,644,612
52$67,709,115$27,597,667$21,015,419$47,237,930
53$74,573,396$28,907,903$21,677,386$51,163,482
54$82,136,508$30,281,017$22,360,205$55,453,721
55$90,469,692$31,720,047$23,064,532$60,144,347
56$99,651,452$33,228,180$23,791,045$65,274,638
57$109,768,297$34,808,758$24,540,442$70,887,807
58$120,915,561$36,465,285$25,313,445$77,031,405
59$133,198,299$38,201,435$26,110,796$83,757,760
60$146,732,281$40,021,061$26,933,263$91,124,455
61$161,645,084$41,928,203$27,781,637$99,194,870
62$178,077,295$43,927,097$28,656,734$108,038,760
63$196,183,840$46,022,186$29,559,396$117,732,909
64$216,135,447$48,218,128$30,490,491$128,361,837
65$238,120,255$50,519,808$31,450,915$140,018,591
66$262,345,591$52,932,349$32,441,591$152,805,604
67$289,039,929$55,461,123$33,463,472$166,835,651
68$318,455,045$58,111,761$34,517,542$182,232,898
69$350,868,394$60,890,171$35,604,813$199,134,062
70$386,585,729$63,802,548$36,726,333$217,689,681
71$425,943,987$66,855,388$37,883,180$238,065,520
72$469,314,474$70,055,501$39,076,466$260,444,121
73$517,106,362$73,410,033$40,307,340$285,026,502
74$569,770,560$76,926,473$41,576,984$312,034,043
75$627,803,966$80,612,679$42,886,622$341,710,549
76$691,754,158$84,476,888$44,237,512$374,324,536
77$762,224,567$88,527,741$45,630,953$410,171,740
78$839,880,170$92,774,297$47,068,287$449,577,888
79$925,453,768$97,226,058$48,550,895$492,901,748
80$1,019,752,906$101,892,989$50,080,204$540,538,492
81$1,123,667,496$106,785,539$51,657,685$592,923,398
82$1,238,178,218$111,914,668$53,284,855$650,535,934
83$1,364,365,778$117,291,868$54,963,279$713,904,256
84$1,503,421,110$122,929,193$56,694,572$783,610,160
85$1,656,656,622$128,839,282$58,480,399$860,294,547
86$1,825,518,583$135,035,392$60,322,477$944,663,439
87$2,011,600,778$141,531,426$62,222,580$1,037,494,610
88$2,216,659,555$148,341,963$64,182,533$1,139,644,891
89$2,442,630,405$155,482,294$66,204,224$1,252,058,224
90$2,691,646,236$162,968,457$68,289,595$1,375,774,531
91$2,966,057,510$170,817,268$70,440,654$1,511,939,489
92$3,268,454,429$179,046,368$72,659,469$1,661,815,309
93$3,601,691,393$187,674,253$74,948,174$1,826,792,599
94$3,968,913,949$196,720,325$77,308,972$2,008,403,448
95$4,373,588,481$206,204,930$79,744,132$2,208,335,842
96$4,819,534,943$216,149,409$82,255,997$2,428,449,544
97$5,310,962,918$226,576,140$84,846,983$2,670,793,600
98$5,852,511,362$237,508,597$87,519,583$2,937,625,622
99$6,449,292,399$248,971,397$90,276,368$3,231,433,050
100$7,106,939,585$260,990,357$93,119,988$3,554,956,561