Can I retire at age 35 with 12,400,000?

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 $12,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,023,980$1,014,859$1,005,960$997,275$988,793$954,470
2 years$506,921$497,480$488,330$479,459$470,854$436,628
3 years$334,590$325,109$315,982$307,194$298,729$265,677
4 years$248,442$238,989$229,954$221,316$213,056$181,430
5 years$196,766$187,371$178,454$169,992$161,962$131,845
6 years$162,327$153,002$144,217$135,944$128,155$99,571
7 years$137,738$128,491$119,845$111,767$104,224$77,167
8 years$119,304$110,140$101,638$93,759$86,464$60,913
9 years$104,974$95,897$87,541$79,861$72,815$48,737
10 years$93,517$84,529$76,320$68,841$62,042$39,398
11 years$84,149$75,251$67,191$59,913$53,358$32,102
12 years$76,348$67,541$59,630$52,551$46,239$26,321
13 years$69,752$61,037$53,276$46,395$40,322$21,689
14 years$64,103$55,481$47,869$41,184$35,346$17,943
15 years$59,212$50,683$43,219$36,729$31,121$14,893
16 years$54,937$46,501$39,184$32,887$27,505$12,395
17 years$51,168$42,826$35,656$29,549$24,388$10,337
18 years$47,822$39,573$32,549$26,629$21,684$8,637
19 years$44,832$36,676$29,797$24,062$19,328$7,228
20 years$42,144$34,081$27,347$21,793$17,264$6,055
21 years$39,715$31,745$25,154$19,778$15,449$5,079
22 years$37,510$29,633$23,183$17,983$13,848$4,263
23 years$35,499$27,715$21,405$16,377$12,431$3,581
24 years$33,659$25,967$19,796$14,937$11,173$3,010
25 years$31,969$24,369$18,335$13,641$10,054$2,531
26 years$30,411$22,903$17,005$12,473$9,056$2,129
27 years$28,972$21,554$15,791$11,417$8,165$1,792
28 years$27,637$20,310$14,680$10,460$7,368$1,509
29 years$26,397$19,160$13,661$9,592$6,653$1,270
30 years$25,241$18,095$12,724$8,803$6,011$1,070
31 years$24,162$17,106$11,863$8,085$5,435$901
32 years$23,153$16,186$11,068$7,431$4,916$759
33 years$22,207$15,328$10,334$6,833$4,449$640
34 years$21,318$14,527$9,656$6,287$4,028$539
35 years$20,482$13,779$9,027$5,787$3,648$454
36 years$19,694$13,078$8,445$5,330$3,306$383
37 years$18,951$12,421$7,904$4,911$2,996$323
38 years$18,248$11,805$7,402$4,527$2,716$272
39 years$17,583$11,225$6,935$4,174$2,463$229
40 years$16,953$10,680$6,500$3,850$2,234$193
41 years$16,355$10,166$6,095$3,552$2,027$163
42 years$15,787$9,682$5,717$3,278$1,839$137
43 years$15,247$9,225$5,365$3,026$1,669$116
44 years$14,733$8,793$5,036$2,794$1,515$98
45 years$14,243$8,385$4,729$2,580$1,375$82
46 years$13,776$7,999$4,441$2,383$1,249$69
47 years$13,330$7,634$4,172$2,202$1,134$59
48 years$12,904$7,287$3,921$2,035$1,030$49
49 years$12,497$6,959$3,685$1,880$935$42
50 years$12,107$6,648$3,465$1,738$850$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $12,400,000, adding $5,895 every year, while hoping to spend $46,845 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: 71/9/20 Blend
34$12,400,000$12,400,000$12,400,000$12,400,000
35$13,670,881$13,013,681$12,821,481$14,574,684
36$15,015,468$13,601,508$13,201,158$15,765,363
37$16,495,633$14,216,569$13,591,984$17,062,457
38$18,125,155$14,860,149$13,994,283$18,481,479
39$19,919,218$15,533,594$14,408,388$20,034,504
40$21,894,552$16,238,314$14,834,644$21,734,829
41$24,069,593$16,975,788$15,273,401$23,597,089
42$26,464,655$17,747,565$15,725,023$25,637,400
43$29,102,122$18,555,267$16,189,883$27,873,507
44$32,006,660$19,400,597$16,668,366$30,324,948
45$35,205,448$20,285,335$17,160,865$33,013,240
46$38,728,438$21,211,350$17,667,788$35,962,077
47$42,608,631$22,180,599$18,189,551$39,197,552
48$46,882,396$23,195,133$18,726,586$42,748,403
49$51,589,807$24,257,101$19,279,333$46,646,278
50$56,775,024$25,368,756$19,848,247$50,926,038
51$62,486,709$26,532,458$20,433,796$55,626,075
52$68,778,486$27,750,681$21,036,461$60,788,680
53$75,709,446$29,026,018$21,656,737$66,460,432
54$83,344,703$30,361,187$22,295,132$72,692,642
55$91,756,013$31,759,036$22,952,169$79,541,829
56$101,022,447$33,222,548$23,628,386$87,070,252
57$111,231,137$34,754,854$24,324,338$95,346,498
58$122,478,102$36,359,231$25,040,592$104,446,119
59$134,869,151$38,039,116$25,777,735$114,452,348
60$148,520,883$39,798,111$26,536,368$125,456,880
61$163,561,787$41,639,992$27,317,110$137,560,732
62$180,133,454$43,568,717$28,120,598$150,875,192
63$198,391,914$45,588,432$28,947,486$165,522,870
64$218,509,111$47,703,486$29,798,448$181,638,845
65$240,674,519$49,918,436$30,674,175$199,371,943
66$265,096,940$52,238,059$31,575,380$218,886,130
67$292,006,467$54,667,363$32,502,794$240,362,062
68$321,656,659$57,211,597$33,457,170$263,998,779
69$354,326,935$59,876,262$34,439,282$290,015,584
70$390,325,210$62,667,126$35,449,926$318,654,105
71$429,990,802$65,590,236$36,489,919$350,180,571
72$473,697,636$68,651,930$37,560,104$384,888,322
73$521,857,772$71,858,852$38,661,344$423,100,568
74$574,925,296$75,217,966$39,794,530$465,173,437
75$633,400,605$78,736,575$40,960,575$511,499,328
76$697,835,132$82,422,333$42,160,420$562,510,611
77$768,836,553$86,283,265$43,395,032$618,683,701
78$847,074,520$90,327,783$44,665,404$680,543,547
79$933,286,983$94,564,706$45,972,557$748,668,581
80$1,028,287,159$99,003,281$47,317,541$823,696,171
81$1,132,971,208$103,653,201$48,701,438$906,328,628
82$1,248,326,691$108,524,627$50,125,356$997,339,830
83$1,375,441,894$113,628,215$51,590,436$1,097,582,515
84$1,515,516,103$118,975,133$53,097,851$1,207,996,327
85$1,669,870,925$124,577,094$54,648,808$1,329,616,671
86$1,839,962,762$130,446,374$56,244,546$1,463,584,483
87$2,027,396,563$136,595,846$57,886,338$1,611,156,987
88$2,233,940,977$143,039,007$59,575,495$1,773,719,552
89$2,461,545,045$149,790,007$61,313,362$1,952,798,764
90$2,712,356,604$156,863,681$63,101,324$2,150,076,820
91$2,988,742,562$164,275,585$64,940,802$2,367,407,399
92$3,293,311,243$172,042,029$66,833,259$2,606,833,149
93$3,628,937,013$180,180,112$68,780,197$2,870,604,957
94$3,998,787,414$188,707,763$70,783,159$3,161,203,185
95$4,406,353,070$197,643,783$72,843,734$3,481,361,068
96$4,855,480,636$207,007,882$74,963,553$3,834,090,507
97$5,350,409,121$216,820,727$77,144,291$4,222,710,484
98$5,895,809,898$227,103,990$79,387,672$4,650,878,380
99$6,496,830,815$237,880,393$81,695,467$5,122,624,484
100$7,159,144,787$249,173,761$84,069,494$5,642,390,026