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%17%
1 years$1,015,723$1,006,675$997,848$989,232$980,819$952,860
2 years$502,833$493,468$484,392$475,592$467,057$439,106
3 years$331,892$322,487$313,434$304,717$296,320$269,253
4 years$246,438$237,062$228,100$219,531$211,338$185,363
5 years$195,180$185,859$177,015$168,621$160,656$135,843
6 years$161,018$151,768$143,054$134,848$127,121$103,495
7 years$136,627$127,455$118,879$110,866$103,384$80,943
8 years$118,342$109,252$100,818$93,002$85,767$64,499
9 years$104,127$95,124$86,835$79,217$72,228$52,112
10 years$92,762$83,847$75,705$68,286$61,542$42,551
11 years$83,470$74,644$66,649$59,429$52,928$35,032
12 years$75,732$66,996$59,149$52,128$45,866$29,029
13 years$69,189$60,545$52,846$46,021$39,996$24,182
14 years$63,586$55,034$47,482$40,852$35,061$20,229
15 years$58,735$50,274$42,870$36,433$30,870$16,982
16 years$54,494$46,126$38,868$32,622$27,283$14,297
17 years$50,755$42,480$35,369$29,310$24,191$12,065
18 years$47,436$39,254$32,287$26,415$21,510$10,201
19 years$44,470$36,380$29,557$23,868$19,172$8,640
20 years$41,804$33,806$27,126$21,617$17,125$7,328
21 years$39,395$31,489$24,951$19,619$15,325$6,222
22 years$37,207$29,394$22,996$17,838$13,736$5,289
23 years$35,213$27,491$21,233$16,245$12,331$4,499
24 years$33,388$25,758$19,637$14,817$11,083$3,830
25 years$31,711$24,172$18,187$13,531$9,973$3,262
26 years$30,166$22,718$16,868$12,372$8,983$2,780
27 years$28,738$21,380$15,663$11,325$8,099$2,370
28 years$27,414$20,147$14,561$10,376$7,308$2,021
29 years$26,184$19,006$13,550$9,515$6,599$1,725
30 years$25,037$17,949$12,622$8,732$5,963$1,472
31 years$23,967$16,968$11,767$8,020$5,391$1,256
32 years$22,966$16,055$10,979$7,371$4,876$1,072
33 years$22,027$15,204$10,251$6,778$4,413$916
34 years$21,146$14,410$9,578$6,236$3,996$782
35 years$20,317$13,668$8,955$5,741$3,619$668
36 years$19,535$12,973$8,377$5,287$3,279$571
37 years$18,798$12,321$7,841$4,871$2,972$487
38 years$18,101$11,710$7,342$4,490$2,694$416
39 years$17,441$11,135$6,879$4,140$2,443$356
40 years$16,816$10,594$6,448$3,819$2,216$304
41 years$16,223$10,084$6,046$3,523$2,010$260
42 years$15,660$9,604$5,671$3,251$1,824$222
43 years$15,124$9,151$5,322$3,001$1,656$190
44 years$14,614$8,722$4,995$2,771$1,503$162
45 years$14,128$8,318$4,690$2,559$1,364$139
46 years$13,665$7,935$4,405$2,364$1,239$118
47 years$13,223$7,572$4,139$2,184$1,125$101
48 years$12,800$7,229$3,889$2,018$1,022$86
49 years$12,396$6,903$3,656$1,865$928$74
50 years$12,009$6,594$3,437$1,724$843$63

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 $4,440 every year, while hoping to spend $27,719 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: 37/33/30 Blend
34$12,300,000$12,300,000$12,300,000$12,300,000
35$13,559,180$12,907,280$12,716,630$13,939,231
36$14,912,723$13,510,244$13,113,144$14,824,972
37$16,403,399$14,141,824$13,522,013$15,778,243
38$18,045,166$14,803,393$13,943,620$16,807,453
39$19,853,404$15,496,391$14,378,363$17,919,494
40$21,845,063$16,222,326$14,826,650$19,121,927
41$24,038,820$16,982,780$15,288,902$20,423,044
42$26,455,255$17,779,411$15,765,556$21,831,947
43$29,117,047$18,613,959$16,257,058$23,358,623
44$32,049,188$19,488,244$16,763,872$25,014,037
45$35,279,216$20,404,180$17,286,473$26,810,227
46$38,837,479$21,363,768$17,825,352$28,760,412
47$42,757,418$22,369,109$18,381,018$30,879,112
48$47,075,885$23,422,404$18,953,992$33,182,277
49$51,833,487$24,525,964$19,544,812$35,687,431
50$57,074,973$25,682,207$20,154,035$38,413,830
51$62,849,658$26,893,673$20,782,232$41,382,637
52$69,211,881$28,163,021$21,429,995$44,617,113
53$76,221,524$29,493,040$22,097,931$48,142,830
54$83,944,578$30,886,657$22,786,670$51,987,900
55$92,453,759$32,346,938$23,496,858$56,183,236
56$101,829,202$33,877,097$24,229,162$60,762,833
57$112,159,213$35,480,507$24,984,271$65,764,076
58$123,541,103$37,160,702$25,762,894$71,228,087
59$136,082,108$38,921,389$26,565,763$77,200,100
60$149,900,399$40,766,453$27,393,633$83,729,878
61$165,126,200$42,699,970$28,247,280$90,872,171
62$181,903,016$44,726,212$29,127,507$98,687,217
63$200,388,986$46,849,659$30,035,142$107,241,305
64$220,758,379$49,075,009$30,971,035$116,607,382
65$243,203,236$51,407,187$31,936,067$126,865,728
66$267,935,185$53,851,357$32,931,144$138,104,701
67$295,187,437$56,412,937$33,957,201$150,421,556
68$325,216,989$59,097,604$35,015,200$163,923,345
69$358,307,049$61,911,314$36,106,136$178,727,912
70$394,769,709$64,860,310$37,231,033$194,964,991
71$434,948,894$67,951,140$38,390,948$212,777,407
72$479,223,606$71,190,670$39,586,969$232,322,408
73$528,011,500$74,586,099$40,820,219$253,773,131
74$581,772,833$78,144,978$42,091,856$277,320,212
75$641,014,803$81,875,223$43,403,075$303,173,568
76$706,296,340$85,785,136$44,755,105$331,564,353
77$778,233,382$89,883,423$46,149,215$362,747,115
78$857,504,688$94,179,212$47,586,716$397,002,180
79$944,858,250$98,682,077$49,068,954$434,638,265
80$1,041,118,350$103,402,057$50,597,323$475,995,370
81$1,147,193,344$108,349,680$52,173,255$521,447,957
82$1,264,084,236$113,535,985$53,798,230$571,408,456
83$1,392,894,130$118,972,551$55,473,773$626,331,127
84$1,534,838,643$124,671,517$57,201,455$686,716,317
85$1,691,257,378$130,645,615$58,982,898$753,115,146
86$1,863,626,579$136,908,198$60,819,773$826,134,677
87$2,053,573,058$143,473,268$62,713,803$906,443,608
88$2,262,889,559$150,355,507$64,666,765$994,778,548
89$2,493,551,683$157,570,316$66,680,491$1,091,950,927
90$2,747,736,537$165,133,844$68,756,869$1,198,854,614
91$3,027,843,287$173,063,025$70,897,848$1,316,474,313
92$3,336,515,811$181,375,622$73,105,434$1,445,894,808
93$3,676,667,656$190,090,260$75,381,699$1,588,311,161
94$4,051,509,547$199,226,473$77,728,776$1,745,039,936
95$4,464,579,697$208,804,747$80,148,866$1,917,531,578
96$4,919,777,213$218,846,565$82,644,240$2,107,384,050
97$5,421,398,902$229,374,461$85,217,235$2,316,357,859
98$5,974,179,842$240,412,061$87,870,265$2,546,392,611
99$6,583,338,083$251,984,150$90,605,816$2,799,625,267
100$7,254,623,910$264,116,715$93,426,453$3,078,410,237