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

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 $12,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,023,980$1,014,859$1,005,960$997,275$988,793$980,509
2 years$506,921$497,480$488,330$479,459$470,854$462,504
3 years$334,590$325,109$315,982$307,194$298,729$290,573
4 years$248,442$238,989$229,954$221,316$213,056$205,156
5 years$196,766$187,371$178,454$169,992$161,962$154,342
6 years$162,327$153,002$144,217$135,944$128,155$120,824
7 years$137,738$128,491$119,845$111,767$104,224$97,186
8 years$119,304$110,140$101,638$93,759$86,464$79,718
9 years$104,974$95,897$87,541$79,861$72,815$66,360
10 years$93,517$84,529$76,320$68,841$62,042$55,873
11 years$84,149$75,251$67,191$59,913$53,358$47,472
12 years$76,348$67,541$59,630$52,551$46,239$40,629
13 years$69,752$61,037$53,276$46,395$40,322$34,982
14 years$64,103$55,481$47,869$41,184$35,346$30,270
15 years$59,212$50,683$43,219$36,729$31,121$26,301
16 years$54,937$46,501$39,184$32,887$27,505$22,934
17 years$51,168$42,826$35,656$29,549$24,388$20,058
18 years$47,822$39,573$32,549$26,629$21,684$17,588
19 years$44,832$36,676$29,797$24,062$19,328$15,456
20 years$42,144$34,081$27,347$21,793$17,264$13,608
21 years$39,715$31,745$25,154$19,778$15,449$12,002
22 years$37,510$29,633$23,183$17,983$13,848$10,600
23 years$35,499$27,715$21,405$16,377$12,431$9,374
24 years$33,659$25,967$19,796$14,937$11,173$8,298
25 years$31,969$24,369$18,335$13,641$10,054$7,354
26 years$30,411$22,903$17,005$12,473$9,056$6,522
27 years$28,972$21,554$15,791$11,417$8,165$5,789
28 years$27,637$20,310$14,680$10,460$7,368$5,142
29 years$26,397$19,160$13,661$9,592$6,653$4,569
30 years$25,241$18,095$12,724$8,803$6,011$4,063
31 years$24,162$17,106$11,863$8,085$5,435$3,614
32 years$23,153$16,186$11,068$7,431$4,916$3,216
33 years$22,207$15,328$10,334$6,833$4,449$2,863
34 years$21,318$14,527$9,656$6,287$4,028$2,550
35 years$20,482$13,779$9,027$5,787$3,648$2,271
36 years$19,694$13,078$8,445$5,330$3,306$2,024
37 years$18,951$12,421$7,904$4,911$2,996$1,804
38 years$18,248$11,805$7,402$4,527$2,716$1,608
39 years$17,583$11,225$6,935$4,174$2,463$1,433
40 years$16,953$10,680$6,500$3,850$2,234$1,278
41 years$16,355$10,166$6,095$3,552$2,027$1,140
42 years$15,787$9,682$5,717$3,278$1,839$1,017
43 years$15,247$9,225$5,365$3,026$1,669$907
44 years$14,733$8,793$5,036$2,794$1,515$809
45 years$14,243$8,385$4,729$2,580$1,375$722
46 years$13,776$7,999$4,441$2,383$1,249$644
47 years$13,330$7,634$4,172$2,202$1,134$575
48 years$12,904$7,287$3,921$2,035$1,030$513
49 years$12,497$6,959$3,685$1,880$935$458
50 years$12,107$6,648$3,465$1,738$850$409

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 $5,898 every year, while hoping to spend $38,275 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: 70/8/22 Blend
34$12,400,000$12,400,000$12,400,000$12,400,000
35$13,670,884$13,013,684$12,821,484$14,552,546
36$15,024,590$13,610,630$13,210,279$15,739,161
37$16,515,091$14,235,544$13,610,816$17,032,553
38$18,156,300$14,889,755$14,023,448$18,447,412
39$19,963,547$15,574,658$14,448,539$19,995,765
40$21,953,725$16,291,713$14,886,462$21,690,851
41$24,145,450$17,042,451$15,337,603$23,547,246
42$26,559,233$17,828,478$15,802,359$25,580,997
43$29,217,676$18,651,475$16,281,139$27,809,774
44$32,145,686$19,513,205$16,774,365$30,253,034
45$35,370,710$20,415,515$17,282,470$32,932,202
46$38,922,990$21,360,343$17,805,900$35,870,874
47$42,835,853$22,349,718$18,345,116$39,095,031
48$47,146,024$23,385,769$18,900,592$42,633,290
49$51,893,971$24,470,724$19,472,814$46,517,166
50$57,124,290$25,606,923$20,062,287$50,781,371
51$62,886,120$26,796,815$20,669,526$55,464,134
52$69,233,614$28,042,968$21,295,065$60,607,566
53$76,226,446$29,348,077$21,939,453$66,258,049
54$83,930,372$30,714,962$22,603,254$72,466,676
55$92,417,858$32,146,583$23,287,050$79,289,724
56$101,768,755$33,646,041$23,991,442$86,789,189
57$112,071,058$35,216,586$24,717,045$95,033,363
58$123,421,735$36,861,629$25,464,495$104,097,479
59$135,927,643$38,584,740$26,234,447$114,064,414
60$149,706,536$40,389,665$27,027,575$125,025,471
61$164,888,176$42,280,332$27,844,572$137,081,237
62$181,615,558$44,260,856$28,686,152$150,342,525
63$200,046,259$46,335,552$29,553,053$164,931,421
64$220,353,928$48,508,945$30,446,031$180,982,430
65$242,729,923$50,785,777$31,365,867$198,643,740
66$267,385,115$53,171,021$32,313,364$218,078,618
67$294,551,884$55,669,888$33,289,349$239,466,948
68$324,486,309$58,287,846$34,294,675$263,006,920
69$357,470,584$61,030,622$35,330,218$288,916,901
70$393,815,686$63,904,224$36,396,882$317,437,488
71$433,864,306$66,914,951$37,495,597$348,833,773
72$477,994,086$70,069,404$38,627,321$383,397,841
73$526,621,186$73,374,509$39,793,040$421,451,524
74$580,204,209$76,837,522$40,993,769$463,349,428
75$639,248,532$80,466,053$42,230,553$509,482,277
76$704,311,076$84,268,083$43,504,470$560,280,596
77$776,005,563$88,251,978$44,816,628$616,218,764
78$855,008,314$92,426,507$46,168,168$677,819,490
79$942,064,625$96,800,870$47,560,265$745,658,737
80$1,037,995,813$101,384,708$48,994,130$820,371,151
81$1,143,706,960$106,188,134$50,471,008$902,656,047
82$1,260,195,465$111,221,747$51,992,182$993,283,998
83$1,388,560,455$116,496,665$53,558,972$1,093,104,105
84$1,530,013,163$122,024,544$55,172,739$1,203,052,002
85$1,685,888,363$127,817,604$56,834,884$1,324,158,676
86$1,857,656,970$133,888,660$58,546,846$1,457,560,196
87$2,046,939,927$140,251,150$60,310,111$1,604,508,423
88$2,255,523,506$146,919,163$62,126,206$1,766,382,817
89$2,485,376,175$153,907,474$63,996,706$1,944,703,453
90$2,738,667,179$161,231,574$65,923,229$2,141,145,354
91$3,017,787,018$168,907,707$67,907,444$2,357,554,296
92$3,325,370,018$176,952,909$69,951,068$2,595,964,218
93$3,664,319,198$185,385,040$72,055,867$2,858,616,411
94$4,037,833,681$194,222,831$74,223,663$3,147,980,663
95$4,449,438,889$203,485,923$76,456,328$3,466,778,562
96$4,903,019,832$213,194,910$78,755,792$3,818,009,170
97$5,402,857,785$223,371,390$81,124,041$4,204,977,328
98$5,953,670,701$234,038,011$83,563,119$4,631,324,831
99$6,560,657,760$245,218,521$86,075,130$5,101,064,798
100$7,229,548,448$256,937,824$88,662,243$5,618,619,539