Can I retire at age 35 with 16,000,000?

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 $16,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,255,243
2 years$654,092$641,910$630,104$618,657$607,554$586,836
3 years$431,730$419,495$407,719$396,379$385,457$365,287
4 years$320,570$308,373$296,715$285,569$274,911$255,444
5 years$253,892$241,768$230,263$219,344$208,983$190,274
6 years$209,455$197,422$186,087$175,411$165,361$147,433
7 years$177,726$165,795$154,639$144,215$134,483$117,340
8 years$153,940$142,117$131,146$120,979$111,567$95,207
9 years$135,450$123,738$112,956$103,047$93,955$78,369
10 years$120,667$109,069$98,478$88,828$80,054$65,230
11 years$108,579$97,098$86,698$77,307$68,850$54,771
12 years$98,513$87,150$76,942$67,808$59,664$46,312
13 years$90,002$78,758$68,743$59,865$52,028$39,385
14 years$82,714$71,589$61,766$53,141$45,607$33,651
15 years$76,403$65,398$55,766$47,392$40,156$28,865
16 years$70,886$60,001$50,560$42,435$35,490$24,841
17 years$66,023$55,259$46,008$38,127$31,468$21,437
18 years$61,706$51,062$41,999$34,360$27,980$18,543
19 years$57,847$47,323$38,448$31,048$24,939$16,072
20 years$54,379$43,975$35,286$28,120$22,276$13,953
21 years$51,245$40,961$32,456$25,520$19,935$12,132
22 years$48,400$38,236$29,913$23,204$17,869$10,562
23 years$45,806$35,761$27,620$21,132$16,040$9,205
24 years$43,431$33,506$25,544$19,274$14,417$8,030
25 years$41,250$31,444$23,659$17,602$12,973$7,011
26 years$39,241$29,552$21,942$16,094$11,686$6,125
27 years$37,383$27,812$20,375$14,731$10,536$5,355
28 years$35,661$26,207$18,941$13,497$9,506$4,684
29 years$34,060$24,723$17,627$12,377$8,584$4,099
30 years$32,569$23,348$16,418$11,359$7,756$3,588
31 years$31,177$22,072$15,306$10,433$7,012$3,142
32 years$29,875$20,885$14,281$9,588$6,343$2,753
33 years$28,654$19,778$13,334$8,817$5,741$2,412
34 years$27,507$18,745$12,459$8,112$5,197$2,114
35 years$26,428$17,779$11,648$7,468$4,708$1,854
36 years$25,412$16,875$10,897$6,878$4,265$1,625
37 years$24,452$16,028$10,199$6,337$3,866$1,425
38 years$23,546$15,232$9,551$5,841$3,505$1,250
39 years$22,688$14,484$8,948$5,385$3,178$1,097
40 years$21,875$13,780$8,387$4,967$2,883$962
41 years$21,103$13,118$7,864$4,583$2,615$844
42 years$20,370$12,493$7,377$4,230$2,373$741
43 years$19,674$11,903$6,922$3,904$2,154$650
44 years$19,010$11,346$6,498$3,605$1,955$570
45 years$18,378$10,820$6,101$3,329$1,775$501
46 years$17,776$10,322$5,731$3,075$1,611$439
47 years$17,200$9,850$5,384$2,841$1,463$386
48 years$16,650$9,403$5,059$2,625$1,329$338
49 years$16,125$8,979$4,755$2,426$1,207$297
50 years$15,622$8,577$4,471$2,243$1,096$261

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $16,000,000, adding $2,048 every year, while hoping to spend $34,049 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: 63/21/16 Blend
34$16,000,000$16,000,000$16,000,000$16,000,000
35$17,634,113$16,786,113$16,538,113$18,675,045
36$19,396,564$17,572,404$17,055,911$20,160,544
37$21,337,645$18,396,083$17,589,915$21,778,001
38$23,475,538$19,258,945$18,140,631$23,543,495
39$25,830,283$20,162,873$18,708,582$25,471,440
40$28,423,959$21,109,841$19,294,307$27,577,688
41$31,280,898$22,101,918$19,898,361$29,879,681
42$34,427,912$23,141,275$20,521,319$32,396,606
43$37,894,547$24,230,185$21,163,771$35,149,574
44$41,713,361$25,371,035$21,826,328$38,161,815
45$45,920,232$26,566,323$22,509,618$41,458,893
46$50,554,694$27,818,672$23,214,289$45,068,940
47$55,660,316$29,130,830$23,941,011$49,022,919
48$61,285,106$30,505,678$24,690,472$53,354,910
49$67,481,969$31,946,238$25,463,385$58,102,427
50$74,309,204$33,455,678$26,260,483$63,306,762
51$81,831,055$35,037,319$27,082,521$69,013,375
52$90,118,318$36,694,643$27,930,281$75,272,313
53$99,249,008$38,431,302$28,804,567$82,138,676
54$109,309,094$40,251,123$29,706,207$89,673,129
55$120,393,315$42,158,121$30,636,058$97,942,473
56$132,606,069$44,156,505$31,595,002$107,020,259
57$146,062,403$46,250,688$32,583,949$116,987,482
58$160,889,093$48,445,297$33,603,837$127,933,334
59$177,225,848$50,745,184$34,655,633$139,956,037
60$195,226,623$53,155,437$35,740,335$153,163,762
61$215,061,075$55,681,390$36,858,973$167,675,641
62$236,916,163$58,328,636$38,012,607$183,622,880
63$260,997,915$61,103,042$39,202,332$201,149,987
64$287,533,368$64,010,757$40,429,276$220,416,130
65$316,772,718$67,058,231$41,694,603$241,596,621
66$348,991,677$70,252,226$42,999,514$264,884,564
67$384,494,076$73,599,833$44,345,246$290,492,666
68$423,614,734$77,108,488$45,733,074$318,655,226
69$466,722,622$80,785,988$47,164,317$349,630,340
70$514,224,338$84,640,510$48,640,330$383,702,322
71$566,567,954$88,680,628$50,162,514$421,184,368
72$624,247,239$92,915,333$51,732,313$462,421,504
73$687,806,326$97,354,053$53,351,214$507,793,821
74$757,844,845$102,006,676$55,020,753$557,720,052
75$835,023,584$106,883,568$56,742,514$612,661,501
76$920,070,730$111,995,603$58,518,128$673,126,384
77$1,013,788,739$117,354,182$60,349,280$739,674,604
78$1,117,061,915$122,971,261$62,237,705$812,923,021
79$1,230,864,756$128,859,379$64,185,194$893,551,248
80$1,356,271,157$135,031,685$66,193,594$982,308,048
81$1,494,464,544$141,501,966$68,264,809$1,080,018,380
82$1,646,749,049$148,284,684$70,400,801$1,187,591,161
83$1,814,561,821$155,395,002$72,603,597$1,306,027,822
84$1,999,486,593$162,848,824$74,875,284$1,436,431,735
85$2,203,268,635$170,662,826$77,218,015$1,580,018,600
86$2,427,831,230$178,854,498$79,634,012$1,738,127,896
87$2,675,293,828$187,442,181$82,125,565$1,912,235,494
88$2,947,992,062$196,445,111$84,695,034$2,103,967,556
89$3,248,499,791$205,883,460$87,344,857$2,315,115,858
90$3,579,653,403$215,778,383$90,077,543$2,547,654,666
91$3,944,578,592$226,152,066$92,895,683$2,803,759,341
92$4,346,719,868$237,027,777$95,801,948$3,085,826,836
93$4,789,873,073$248,429,917$98,799,092$3,396,498,283
94$5,278,221,221$260,384,076$101,889,955$3,738,683,889
95$5,816,373,983$272,917,094$105,077,466$4,115,590,362
96$6,409,411,215$286,057,117$108,364,647$4,530,751,143
97$7,062,930,907$299,833,665$111,754,611$4,988,059,711
98$7,783,102,041$314,277,695$115,250,571$5,491,806,294
99$8,576,722,823$329,421,676$118,855,840$6,046,718,317
100$9,451,284,873$345,299,660$122,573,832$6,658,004,978