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%14.5%
1 years$990,949$982,122$973,510$965,105$956,897$939,113
2 years$490,569$481,432$472,578$463,993$455,665$437,815
3 years$323,797$314,621$305,789$297,285$289,093$271,732
4 years$240,428$231,280$222,536$214,177$206,183$189,446
5 years$190,419$181,326$172,697$164,508$156,737$140,671
6 years$157,091$148,067$139,565$131,559$124,021$108,644
7 years$133,294$124,346$115,979$108,162$100,862$86,178
8 years$115,455$106,588$98,360$90,734$83,675$69,680
9 years$101,588$92,804$84,717$77,285$70,466$57,153
10 years$90,500$81,802$73,858$66,621$60,041$47,396
11 years$81,434$72,823$65,024$57,980$51,637$39,646
12 years$73,885$65,362$57,707$50,856$44,748$33,394
13 years$67,502$59,068$51,557$44,898$39,021$28,287
14 years$62,035$53,692$46,324$39,856$34,205$24,071
15 years$57,302$49,048$41,825$35,544$30,117$20,563
16 years$53,165$45,001$37,920$31,826$26,618$17,622
17 years$49,518$41,444$34,506$28,595$23,601$15,142
18 years$46,279$38,296$31,499$25,770$20,985$13,041
19 years$43,385$35,493$28,836$23,286$18,704$11,253
20 years$40,784$32,981$26,464$21,090$16,707$9,726
21 years$38,434$30,721$24,342$19,140$14,951$8,418
22 years$36,300$28,677$22,435$17,403$13,401$7,295
23 years$34,354$26,821$20,715$15,849$12,030$6,328
24 years$32,574$25,129$19,158$14,455$10,813$5,495
25 years$30,938$23,583$17,744$13,201$9,730$4,774
26 years$29,430$22,164$16,457$12,071$8,764$4,151
27 years$28,037$20,859$15,281$11,049$7,902$3,612
28 years$26,745$19,655$14,206$10,123$7,130$3,144
29 years$25,545$18,542$13,220$9,283$6,438$2,738
30 years$24,427$17,511$12,314$8,519$5,817$2,385
31 years$23,383$16,554$11,480$7,824$5,259$2,078
32 years$22,406$15,663$10,711$7,191$4,757$1,812
33 years$21,490$14,834$10,001$6,613$4,305$1,579
34 years$20,630$14,059$9,344$6,084$3,898$1,377
35 years$19,821$13,335$8,736$5,601$3,531$1,201
36 years$19,059$12,656$8,172$5,158$3,199$1,048
37 years$18,339$12,021$7,649$4,753$2,899$915
38 years$17,659$11,424$7,163$4,381$2,629$798
39 years$17,016$10,863$6,711$4,039$2,384$696
40 years$16,406$10,335$6,290$3,725$2,162$608
41 years$15,827$9,838$5,898$3,437$1,961$531
42 years$15,278$9,370$5,533$3,172$1,780$463
43 years$14,755$8,927$5,192$2,928$1,615$404
44 years$14,258$8,510$4,873$2,704$1,466$353
45 years$13,784$8,115$4,576$2,497$1,331$308
46 years$13,332$7,741$4,298$2,307$1,209$269
47 years$12,900$7,387$4,038$2,131$1,097$235
48 years$12,488$7,052$3,794$1,969$997$205
49 years$12,094$6,735$3,567$1,820$905$179
50 years$11,716$6,433$3,353$1,682$822$156

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 $4,216 every year, while hoping to spend $48,001 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: 55/31/14 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,228,349$12,592,349$12,406,349$13,907,352
36$14,526,568$13,158,301$12,770,889$14,935,201
37$15,955,596$13,750,376$13,146,032$16,048,274
38$17,528,726$14,369,804$13,532,083$17,259,163
39$19,260,603$15,017,872$13,929,355$18,577,211
40$21,167,367$15,695,929$14,338,170$20,012,683
41$23,266,798$16,405,390$14,758,859$21,576,866
42$25,578,493$17,147,736$15,191,763$23,282,167
43$28,124,044$17,924,519$15,637,231$25,142,229
44$30,927,241$18,737,365$16,095,623$27,172,054
45$34,014,303$19,587,979$16,567,310$29,388,138
46$37,414,118$20,478,147$17,052,671$31,808,628
47$41,158,521$21,409,739$17,552,098$34,453,484
48$45,282,590$22,384,715$18,065,993$37,344,662
49$49,824,980$23,405,132$18,594,770$40,506,320
50$54,828,286$24,473,142$19,138,852$43,965,036
51$60,339,445$25,591,000$19,698,678$47,750,056
52$66,410,181$26,761,072$20,274,697$51,893,563
53$73,097,490$27,985,834$20,867,369$56,430,976
54$80,464,178$29,267,885$21,477,171$61,401,275
55$88,579,457$30,609,944$22,104,589$66,847,365
56$97,519,595$32,014,864$22,750,125$72,816,471
57$107,368,635$33,485,634$23,414,296$79,360,580
58$118,219,191$35,025,386$24,097,631$86,536,921
59$130,173,322$36,637,402$24,800,674$94,408,496
60$143,343,490$38,325,125$25,523,986$103,044,671
61$157,853,629$40,092,159$26,268,143$112,521,817
62$173,840,309$41,942,284$27,033,735$122,924,025
63$191,454,027$43,879,463$27,821,372$134,343,888
64$210,860,628$45,907,846$28,631,678$146,883,364
65$232,242,868$48,031,787$29,465,295$160,654,731
66$255,802,141$50,255,845$30,322,883$175,781,634
67$281,760,382$52,584,804$31,205,122$192,400,238
68$310,362,155$55,023,673$32,112,708$210,660,507
69$341,876,969$57,577,707$33,046,358$230,727,602
70$376,601,817$60,252,412$34,006,808$252,783,427
71$414,863,981$63,053,559$34,994,815$277,028,336
72$457,024,123$65,987,199$36,011,157$303,683,004
73$503,479,686$69,059,674$37,056,633$332,990,502
74$554,668,647$72,277,632$38,132,064$365,218,569
75$611,073,655$75,648,042$39,238,294$400,662,125
76$673,226,581$79,178,209$40,376,190$439,646,041
77$741,713,544$82,875,792$41,546,643$482,528,181
78$817,180,438$86,748,819$42,750,569$529,702,768
79$900,339,038$90,805,706$43,988,907$581,604,079
80$991,973,709$95,055,276$45,262,625$638,710,529
81$1,092,948,820$99,506,777$46,572,716$701,549,162
82$1,204,216,897$104,169,906$47,920,199$770,700,608
83$1,326,827,617$109,054,828$49,306,123$846,804,531
84$1,461,937,720$114,172,200$50,731,564$930,565,655
85$1,610,821,924$119,533,195$52,197,628$1,022,760,380
86$1,774,884,964$125,149,525$53,705,452$1,124,244,088
87$1,955,674,848$131,033,470$55,256,203$1,235,959,192
88$2,154,897,477$137,197,904$56,851,080$1,358,943,997
89$2,374,432,744$143,656,326$58,491,315$1,494,342,475
90$2,616,352,283$150,422,885$60,178,173$1,643,415,028
91$2,882,939,028$157,512,418$61,912,954$1,807,550,358
92$3,176,708,763$164,940,481$63,696,992$1,988,278,532
93$3,500,433,876$172,723,383$65,531,660$2,187,285,397
94$3,857,169,525$180,878,223$67,418,365$2,406,428,449
95$4,250,282,489$189,422,929$69,358,553$2,647,754,335
96$4,683,482,949$198,376,298$71,353,710$2,913,518,121
97$5,160,859,512$207,758,039$73,405,362$3,206,204,543
98$5,686,917,816$217,588,817$75,515,075$3,528,551,417
99$6,266,623,062$227,890,298$77,684,459$3,883,575,429
100$6,905,446,891$238,685,199$79,915,165$4,274,600,569