Can I retire at age 35 with 12,300,000?

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 $12,300,000?

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$1,015,723$1,006,675$997,848$989,232$980,819$968,965
2 years$502,833$493,468$484,392$475,592$467,057$455,127
3 years$331,892$322,487$313,434$304,717$296,320$284,685
4 years$246,438$237,062$228,100$219,531$211,338$200,087
5 years$195,180$185,859$177,015$168,621$160,656$149,822
6 years$161,018$151,768$143,054$134,848$127,121$116,719
7 years$136,627$127,455$118,879$110,866$103,384$93,415
8 years$118,342$109,252$100,818$93,002$85,767$76,232
9 years$104,127$95,124$86,835$79,217$72,228$63,123
10 years$92,762$83,847$75,705$68,286$61,542$52,861
11 years$83,470$74,644$66,649$59,429$52,928$44,663
12 years$75,732$66,996$59,149$52,128$45,866$38,008
13 years$69,189$60,545$52,846$46,021$39,996$32,535
14 years$63,586$55,034$47,482$40,852$35,061$27,985
15 years$58,735$50,274$42,870$36,433$30,870$24,169
16 years$54,494$46,126$38,868$32,622$27,283$20,945
17 years$50,755$42,480$35,369$29,310$24,191$18,203
18 years$47,436$39,254$32,287$26,415$21,510$15,859
19 years$44,470$36,380$29,557$23,868$19,172$13,846
20 years$41,804$33,806$27,126$21,617$17,125$12,111
21 years$39,395$31,489$24,951$19,619$15,325$10,610
22 years$37,207$29,394$22,996$17,838$13,736$9,307
23 years$35,213$27,491$21,233$16,245$12,331$8,174
24 years$33,388$25,758$19,637$14,817$11,083$7,187
25 years$31,711$24,172$18,187$13,531$9,973$6,324
26 years$30,166$22,718$16,868$12,372$8,983$5,569
27 years$28,738$21,380$15,663$11,325$8,099$4,908
28 years$27,414$20,147$14,561$10,376$7,308$4,328
29 years$26,184$19,006$13,550$9,515$6,599$3,818
30 years$25,037$17,949$12,622$8,732$5,963$3,370
31 years$23,967$16,968$11,767$8,020$5,391$2,976
32 years$22,966$16,055$10,979$7,371$4,876$2,629
33 years$22,027$15,204$10,251$6,778$4,413$2,323
34 years$21,146$14,410$9,578$6,236$3,996$2,053
35 years$20,317$13,668$8,955$5,741$3,619$1,815
36 years$19,535$12,973$8,377$5,287$3,279$1,605
37 years$18,798$12,321$7,841$4,871$2,972$1,419
38 years$18,101$11,710$7,342$4,490$2,694$1,256
39 years$17,441$11,135$6,879$4,140$2,443$1,111
40 years$16,816$10,594$6,448$3,819$2,216$983
41 years$16,223$10,084$6,046$3,523$2,010$870
42 years$15,660$9,604$5,671$3,251$1,824$770
43 years$15,124$9,151$5,322$3,001$1,656$681
44 years$14,614$8,722$4,995$2,771$1,503$603
45 years$14,128$8,318$4,690$2,559$1,364$534
46 years$13,665$7,935$4,405$2,364$1,239$473
47 years$13,223$7,572$4,139$2,184$1,125$419
48 years$12,800$7,229$3,889$2,018$1,022$371
49 years$12,396$6,903$3,656$1,865$928$328
50 years$12,009$6,594$3,437$1,724$843$291

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $12,300,000, adding $3,583 every year, while hoping to spend $42,090 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: 79/6/15 Blend
34$12,300,000$12,300,000$12,300,000$12,300,000
35$13,558,296$12,906,396$12,715,746$14,586,841
36$14,896,459$13,494,026$13,096,940$15,852,191
37$16,369,703$14,109,039$13,489,493$17,234,458
38$17,991,764$14,752,733$13,893,742$18,749,903
39$19,777,774$15,426,466$14,310,032$20,411,841
40$21,744,408$16,131,665$14,738,720$22,234,933
41$23,910,042$16,869,821$15,180,172$24,235,328
42$26,294,924$17,642,500$15,634,765$26,430,809
43$28,921,364$18,451,340$16,102,887$28,840,965
44$31,813,949$19,298,061$16,584,940$31,487,370
45$34,999,769$20,184,464$17,081,332$34,393,785
46$38,508,678$21,112,435$17,592,490$37,586,384
47$42,373,572$22,083,953$18,118,847$41,094,000
48$46,630,701$23,101,091$18,660,853$44,948,390
49$51,320,010$24,166,023$19,218,970$49,184,539
50$56,485,518$25,281,025$19,793,672$53,840,986
51$62,175,730$26,448,484$20,385,449$58,960,183
52$68,444,098$27,670,903$20,994,804$64,588,902
53$75,349,521$28,950,903$21,622,256$70,778,665
54$82,956,908$30,291,233$22,268,337$77,586,234
55$91,337,783$31,694,774$22,933,597$85,074,145
56$100,570,965$33,164,545$23,618,600$93,311,294
57$110,743,307$34,703,712$24,323,927$102,373,583
58$121,950,523$36,315,592$25,050,178$112,344,639
59$134,298,084$38,003,664$25,797,966$123,316,599
60$147,902,218$39,771,572$26,567,927$135,390,976
61$162,891,003$41,623,139$27,360,712$148,679,614
62$179,405,582$43,562,369$28,176,992$163,305,746
63$197,601,488$45,593,461$29,017,458$179,405,148
64$217,650,117$47,720,819$29,882,820$197,127,421
65$239,740,344$49,949,054$30,773,810$216,637,400
66$264,080,308$52,283,006$31,691,181$238,116,707
67$290,899,370$54,727,745$32,635,707$261,765,460
68$320,450,288$57,288,586$33,608,185$287,804,162
69$353,011,593$59,971,103$34,609,435$316,475,776
70$388,890,226$62,781,137$35,640,301$348,048,018
71$428,424,430$65,724,813$36,701,652$382,815,874
72$471,986,946$68,808,553$37,794,381$421,104,390
73$519,988,530$72,039,088$38,919,409$463,271,728
74$572,881,831$75,423,475$40,077,680$509,712,546
75$631,165,665$78,969,112$41,270,170$560,861,721
76$695,389,722$82,683,758$42,497,879$617,198,444
77$766,159,755$86,575,543$43,761,840$679,250,745
78$844,143,300$90,652,995$45,063,111$747,600,470
79$930,075,977$94,925,052$46,402,786$822,888,766
80$1,024,768,434$99,401,087$47,781,987$905,822,131
81$1,129,114,000$104,090,926$49,201,869$997,179,079
82$1,244,097,118$109,004,871$50,663,622$1,097,817,478
83$1,370,802,639$114,153,725$52,168,468$1,208,682,648
84$1,510,426,063$119,548,812$53,717,666$1,330,816,276
85$1,664,284,825$125,202,008$55,312,512$1,465,366,244
86$1,833,830,733$131,125,762$56,954,337$1,613,597,457
87$2,020,663,673$137,333,129$58,644,512$1,776,903,777
88$2,226,546,711$143,837,797$60,384,448$1,956,821,178
89$2,453,422,744$150,654,116$62,175,594$2,155,042,232
90$2,703,432,831$157,797,136$64,019,445$2,373,432,086
91$2,978,936,419$165,282,634$65,917,535$2,614,046,054
92$3,282,533,605$173,127,155$67,871,444$2,879,149,019
93$3,617,089,694$181,348,046$69,882,798$3,171,236,801
94$3,985,762,239$189,963,498$71,953,268$3,493,059,709
95$4,392,030,861$198,992,582$74,084,576$3,847,648,496
96$4,839,730,089$208,455,299$76,278,489$4,238,342,964
97$5,333,085,569$218,372,619$78,536,830$4,668,823,476
98$5,876,753,952$228,766,533$80,861,469$5,143,145,696
99$6,475,866,861$239,660,099$83,254,334$5,665,778,862
100$7,136,079,333$251,077,496$85,717,407$6,241,647,966