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

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 $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%18.3%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,233,048
2 years$654,092$641,910$630,104$618,657$607,554$564,841
3 years$431,730$419,495$407,719$396,379$385,457$344,188
4 years$320,570$308,373$296,715$285,569$274,911$235,401
5 years$253,892$241,768$230,263$219,344$208,983$171,336
6 years$209,455$197,422$186,087$175,411$165,361$129,608
7 years$177,726$165,795$154,639$144,215$134,483$100,619
8 years$153,940$142,117$131,146$120,979$111,567$79,566
9 years$135,450$123,738$112,956$103,047$93,955$63,779
10 years$120,667$109,069$98,478$88,828$80,054$51,654
11 years$108,579$97,098$86,698$77,307$68,850$42,170
12 years$98,513$87,150$76,942$67,808$59,664$34,645
13 years$90,002$78,758$68,743$59,865$52,028$28,607
14 years$82,714$71,589$61,766$53,141$45,607$23,716
15 years$76,403$65,398$55,766$47,392$40,156$19,727
16 years$70,886$60,001$50,560$42,435$35,490$16,453
17 years$66,023$55,259$46,008$38,127$31,468$13,753
18 years$61,706$51,062$41,999$34,360$27,980$11,517
19 years$57,847$47,323$38,448$31,048$24,939$9,659
20 years$54,379$43,975$35,286$28,120$22,276$8,111
21 years$51,245$40,961$32,456$25,520$19,935$6,818
22 years$48,400$38,236$29,913$23,204$17,869$5,737
23 years$45,806$35,761$27,620$21,132$16,040$4,830
24 years$43,431$33,506$25,544$19,274$14,417$4,070
25 years$41,250$31,444$23,659$17,602$12,973$3,431
26 years$39,241$29,552$21,942$16,094$11,686$2,893
27 years$37,383$27,812$20,375$14,731$10,536$2,441
28 years$35,661$26,207$18,941$13,497$9,506$2,060
29 years$34,060$24,723$17,627$12,377$8,584$1,739
30 years$32,569$23,348$16,418$11,359$7,756$1,468
31 years$31,177$22,072$15,306$10,433$7,012$1,240
32 years$29,875$20,885$14,281$9,588$6,343$1,047
33 years$28,654$19,778$13,334$8,817$5,741$884
34 years$27,507$18,745$12,459$8,112$5,197$747
35 years$26,428$17,779$11,648$7,468$4,708$631
36 years$25,412$16,875$10,897$6,878$4,265$533
37 years$24,452$16,028$10,199$6,337$3,866$451
38 years$23,546$15,232$9,551$5,841$3,505$381
39 years$22,688$14,484$8,948$5,385$3,178$322
40 years$21,875$13,780$8,387$4,967$2,883$272
41 years$21,103$13,118$7,864$4,583$2,615$230
42 years$20,370$12,493$7,377$4,230$2,373$194
43 years$19,674$11,903$6,922$3,904$2,154$164
44 years$19,010$11,346$6,498$3,605$1,955$139
45 years$18,378$10,820$6,101$3,329$1,775$117
46 years$17,776$10,322$5,731$3,075$1,611$99
47 years$17,200$9,850$5,384$2,841$1,463$84
48 years$16,650$9,403$5,059$2,625$1,329$71
49 years$16,125$8,979$4,755$2,426$1,207$60
50 years$15,622$8,577$4,471$2,243$1,096$51

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 $3,983 every year, while hoping to spend $33,321 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: 70/16/14 Blend
34$16,000,000$16,000,000$16,000,000$16,000,000
35$17,636,108$16,788,108$16,540,108$18,815,054
36$19,399,538$17,575,272$17,058,749$20,385,843
37$21,341,721$18,399,891$17,593,647$22,099,935
38$23,480,855$19,263,763$18,145,312$23,974,972
39$25,836,992$20,168,778$18,714,270$26,026,816
40$28,432,229$21,116,912$19,301,062$28,272,923
41$31,290,916$22,110,240$19,906,247$30,732,505
42$34,439,885$23,150,938$20,530,402$33,426,709
43$37,908,704$24,241,284$21,174,121$36,378,812
44$41,729,954$25,383,670$21,838,017$39,614,438
45$45,939,541$26,580,601$22,522,722$43,161,797
46$50,577,030$27,834,706$23,228,889$47,051,943
47$55,686,019$29,148,739$23,957,189$51,319,071
48$61,314,555$30,525,589$24,708,316$56,000,826
49$67,515,581$31,968,284$25,482,986$61,138,662
50$74,347,440$33,480,000$26,281,936$66,778,225
51$81,874,425$35,064,066$27,105,927$72,969,779
52$90,167,384$36,723,973$27,955,743$79,768,676
53$99,304,390$38,463,381$28,832,194$87,235,872
54$109,371,480$40,286,128$29,736,114$95,438,502
55$120,463,460$42,196,238$30,668,363$104,450,499
56$132,684,809$44,197,930$31,629,830$114,353,295
57$146,150,660$46,295,628$32,621,429$125,236,579
58$160,987,885$48,493,972$33,644,104$137,199,135
59$177,336,297$50,797,824$34,698,830$150,349,773
60$195,349,969$53,212,287$35,786,610$164,808,345
61$215,198,684$55,742,707$36,908,480$180,706,870
62$237,069,543$58,394,694$38,065,508$198,190,774
63$261,168,728$61,174,126$39,258,794$217,420,252
64$287,723,451$64,087,170$40,489,476$238,571,774
65$316,984,093$67,140,292$41,758,724$261,839,740
66$349,226,576$70,340,272$43,067,747$287,438,309
67$384,754,961$73,694,219$44,417,790$315,603,407
68$423,904,320$77,209,588$45,810,139$346,594,946
69$467,043,900$80,894,198$47,246,118$380,699,268
70$514,580,610$84,756,246$48,727,095$418,231,836
71$566,962,859$88,804,328$50,254,480$459,540,199
72$624,684,791$93,047,460$51,829,725$505,007,264
73$688,290,948$97,495,095$53,454,329$555,054,895
74$758,381,416$102,157,145$55,129,840$610,147,886
75$835,617,482$107,044,007$56,857,851$670,798,328
76$920,727,883$112,166,582$58,640,008$737,570,439
77$1,014,515,684$117,536,301$60,478,005$811,085,867
78$1,117,865,858$123,165,154$62,373,592$892,029,544
79$1,231,753,641$129,065,712$64,328,573$981,156,141
80$1,357,253,740$135,251,160$66,344,808$1,079,297,167
81$1,495,550,478$141,735,323$68,424,215$1,187,368,809
82$1,647,948,975$148,532,701$70,568,774$1,306,380,556
83$1,815,887,466$155,658,500$72,780,524$1,437,444,711
84$2,000,950,887$163,128,665$75,061,570$1,581,786,873
85$2,204,885,827$170,959,920$77,414,083$1,740,757,484
86$2,429,617,027$179,169,801$79,840,300$1,915,844,556
87$2,677,265,544$187,776,702$82,342,531$2,108,687,694
88$2,950,168,778$196,799,909$84,923,154$2,321,093,550
89$3,250,902,540$206,259,651$87,584,626$2,555,052,856
90$3,582,305,367$216,177,142$90,329,479$2,812,759,186
91$3,947,505,322$226,574,629$93,160,324$3,096,629,640
92$4,349,949,523$237,475,444$96,079,853$3,409,327,633
93$4,793,436,690$248,904,057$99,090,844$3,753,788,005
94$5,282,153,007$260,886,129$102,196,162$4,133,244,700
95$5,820,711,639$273,448,576$105,398,759$4,551,261,260
96$6,414,196,292$286,619,621$108,701,683$5,011,764,434
97$7,068,209,199$300,428,868$112,108,075$5,519,081,208
98$7,788,924,017$314,907,362$115,621,174$6,077,979,620
99$8,583,144,106$330,087,663$119,244,323$6,693,713,734
100$9,458,366,765$346,003,918$122,980,968$7,372,073,193