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

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 $12,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$1,015,723$1,006,675$997,848$989,232$980,819$953,244
2 years$502,833$493,468$484,392$475,592$467,057$439,486
3 years$331,892$322,487$313,434$304,717$296,320$269,616
4 years$246,438$237,062$228,100$219,531$211,338$185,706
5 years$195,180$185,859$177,015$168,621$160,656$136,167
6 years$161,018$151,768$143,054$134,848$127,121$103,798
7 years$136,627$127,455$118,879$110,866$103,384$81,226
8 years$118,342$109,252$100,818$93,002$85,767$64,763
9 years$104,127$95,124$86,835$79,217$72,228$52,357
10 years$92,762$83,847$75,705$68,286$61,542$42,778
11 years$83,470$74,644$66,649$59,429$52,928$35,241
12 years$75,732$66,996$59,149$52,128$45,866$29,222
13 years$69,189$60,545$52,846$46,021$39,996$24,359
14 years$63,586$55,034$47,482$40,852$35,061$20,391
15 years$58,735$50,274$42,870$36,433$30,870$17,130
16 years$54,494$46,126$38,868$32,622$27,283$14,432
17 years$50,755$42,480$35,369$29,310$24,191$12,188
18 years$47,436$39,254$32,287$26,415$21,510$10,313
19 years$44,470$36,380$29,557$23,868$19,172$8,741
20 years$41,804$33,806$27,126$21,617$17,125$7,419
21 years$39,395$31,489$24,951$19,619$15,325$6,305
22 years$37,207$29,394$22,996$17,838$13,736$5,363
23 years$35,213$27,491$21,233$16,245$12,331$4,566
24 years$33,388$25,758$19,637$14,817$11,083$3,890
25 years$31,711$24,172$18,187$13,531$9,973$3,316
26 years$30,166$22,718$16,868$12,372$8,983$2,828
27 years$28,738$21,380$15,663$11,325$8,099$2,413
28 years$27,414$20,147$14,561$10,376$7,308$2,060
29 years$26,184$19,006$13,550$9,515$6,599$1,759
30 years$25,037$17,949$12,622$8,732$5,963$1,502
31 years$23,967$16,968$11,767$8,020$5,391$1,283
32 years$22,966$16,055$10,979$7,371$4,876$1,096
33 years$22,027$15,204$10,251$6,778$4,413$937
34 years$21,146$14,410$9,578$6,236$3,996$801
35 years$20,317$13,668$8,955$5,741$3,619$685
36 years$19,535$12,973$8,377$5,287$3,279$585
37 years$18,798$12,321$7,841$4,871$2,972$500
38 years$18,101$11,710$7,342$4,490$2,694$428
39 years$17,441$11,135$6,879$4,140$2,443$366
40 years$16,816$10,594$6,448$3,819$2,216$313
41 years$16,223$10,084$6,046$3,523$2,010$268
42 years$15,660$9,604$5,671$3,251$1,824$229
43 years$15,124$9,151$5,322$3,001$1,656$196
44 years$14,614$8,722$4,995$2,771$1,503$167
45 years$14,128$8,318$4,690$2,559$1,364$143
46 years$13,665$7,935$4,405$2,364$1,239$122
47 years$13,223$7,572$4,139$2,184$1,125$105
48 years$12,800$7,229$3,889$2,018$1,022$90
49 years$12,396$6,903$3,656$1,865$928$77
50 years$12,009$6,594$3,437$1,724$843$66

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 $6,839 every year, while hoping to spend $25,049 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: 60/35/5 Blend
34$12,300,000$12,300,000$12,300,000$12,300,000
35$13,561,654$12,909,754$12,719,104$14,363,477
36$14,918,291$13,515,680$13,118,542$15,506,290
37$16,412,465$14,150,457$13,530,522$16,748,652
38$18,058,179$14,815,472$13,955,437$18,102,985
39$19,870,863$15,512,180$14,393,694$19,580,046
40$21,867,519$16,242,104$14,845,710$21,191,659
41$24,066,883$17,006,845$15,311,919$22,950,820
42$26,489,603$17,808,077$15,792,765$24,871,821
43$29,158,428$18,647,559$16,288,709$26,970,373
44$32,098,430$19,527,132$16,800,223$29,263,754
45$35,337,237$20,448,729$17,327,798$31,770,965
46$38,905,292$21,414,373$17,871,936$34,512,907
47$42,836,144$22,426,190$18,433,158$37,512,567
48$47,166,762$23,486,404$19,012,000$40,795,236
49$51,937,885$24,597,351$19,609,015$44,388,735
50$57,194,406$25,761,478$20,224,774$48,323,676
51$62,985,796$26,981,352$20,859,865$52,633,742
52$69,366,572$28,259,662$21,514,894$57,355,997
53$76,396,807$29,599,230$22,190,488$62,531,233
54$84,142,704$31,003,015$22,887,292$68,204,341
55$92,677,215$32,474,118$23,605,972$74,424,730
56$102,080,733$34,015,792$24,347,214$81,246,787
57$112,441,849$35,631,447$25,111,727$88,730,375
58$123,858,188$37,324,658$25,900,240$96,941,397
59$136,437,333$39,099,176$26,713,508$105,952,400
60$150,297,837$40,958,932$27,552,307$115,843,257
61$165,570,346$42,908,049$28,417,438$126,701,905
62$182,398,827$44,950,850$29,309,729$138,625,166
63$200,941,934$47,091,868$30,230,030$151,719,650
64$221,374,497$49,335,855$31,179,223$166,102,746
65$243,889,182$51,687,798$32,158,212$181,903,720
66$268,698,300$54,152,922$33,167,934$199,264,922
67$296,035,820$56,736,708$34,209,353$218,343,113
68$326,159,571$59,444,904$35,283,464$239,310,932
69$359,353,680$62,283,537$36,391,293$262,358,509
70$395,931,251$65,258,927$37,533,897$287,695,245
71$436,237,325$68,377,701$38,712,369$315,551,769
72$480,652,133$71,646,809$39,927,834$346,182,101
73$529,594,687$75,073,539$41,181,453$379,866,028
74$583,526,737$78,665,534$42,474,424$416,911,726
75$642,957,127$82,430,808$43,807,980$457,658,651
76$708,446,604$86,377,767$45,183,397$502,480,718
77$780,613,104$90,515,225$46,601,987$551,789,814
78$860,137,593$94,852,423$48,065,107$606,039,654
79$947,770,492$99,399,056$49,574,152$665,730,050
80$1,044,338,760$104,165,288$51,130,564$731,411,594
81$1,150,753,706$109,161,779$52,735,830$803,690,833
82$1,268,019,586$114,399,709$54,391,483$883,235,966
83$1,397,243,090$119,890,800$56,099,103$970,783,122
84$1,539,643,784$125,647,349$57,860,323$1,067,143,278
85$1,696,565,630$131,682,248$59,676,823$1,173,209,880
86$1,869,489,666$138,009,020$61,550,338$1,289,967,248
87$2,060,047,995$144,641,846$63,482,658$1,418,499,827
88$2,270,039,192$151,595,597$65,475,628$1,560,002,389
89$2,501,445,278$158,885,871$67,531,151$1,715,791,274
90$2,756,450,442$166,529,024$69,651,189$1,887,316,772
91$3,037,461,651$174,542,210$71,837,768$2,076,176,775
92$3,347,131,381$182,943,420$74,092,975$2,284,131,813
93$3,688,382,656$191,751,521$76,418,964$2,513,121,627
94$4,064,436,643$200,986,302$78,817,955$2,765,283,435
95$4,478,843,064$210,668,514$81,292,240$3,042,972,049
96$4,935,513,707$220,819,922$83,844,181$3,348,782,058
97$5,438,759,358$231,463,351$86,476,214$3,685,572,259
98$5,993,330,498$242,622,741$89,190,852$4,056,492,591
99$6,604,462,151$254,323,197$91,990,688$4,465,013,805
100$7,277,923,309$266,591,053$94,878,395$4,914,960,162