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%13%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,259,919
2 years$654,092$641,910$630,104$618,657$607,554$591,511
3 years$431,730$419,495$407,719$396,379$385,457$369,814
4 years$320,570$308,373$296,715$285,569$274,911$259,788
5 years$253,892$241,768$230,263$219,344$208,983$194,424
6 years$209,455$197,422$186,087$175,411$165,361$151,383
7 years$177,726$165,795$154,639$144,215$134,483$121,092
8 years$153,940$142,117$131,146$120,979$111,567$98,761
9 years$135,450$123,738$112,956$103,047$93,955$81,730
10 years$120,667$109,069$98,478$88,828$80,054$68,400
11 years$108,579$97,098$86,698$77,307$68,850$57,757
12 years$98,513$87,150$76,942$67,808$59,664$49,119
13 years$90,002$78,758$68,743$59,865$52,028$42,019
14 years$82,714$71,589$61,766$53,141$45,607$36,119
15 years$76,403$65,398$55,766$47,392$40,156$31,173
16 years$70,886$60,001$50,560$42,435$35,490$26,995
17 years$66,023$55,259$46,008$38,127$31,468$23,445
18 years$61,706$51,062$41,999$34,360$27,980$20,412
19 years$57,847$47,323$38,448$31,048$24,939$17,808
20 years$54,379$43,975$35,286$28,120$22,276$15,565
21 years$51,245$40,961$32,456$25,520$19,935$13,625
22 years$48,400$38,236$29,913$23,204$17,869$11,943
23 years$45,806$35,761$27,620$21,132$16,040$10,481
24 years$43,431$33,506$25,544$19,274$14,417$9,208
25 years$41,250$31,444$23,659$17,602$12,973$8,096
26 years$39,241$29,552$21,942$16,094$11,686$7,124
27 years$37,383$27,812$20,375$14,731$10,536$6,273
28 years$35,661$26,207$18,941$13,497$9,506$5,527
29 years$34,060$24,723$17,627$12,377$8,584$4,872
30 years$32,569$23,348$16,418$11,359$7,756$4,297
31 years$31,177$22,072$15,306$10,433$7,012$3,791
32 years$29,875$20,885$14,281$9,588$6,343$3,346
33 years$28,654$19,778$13,334$8,817$5,741$2,954
34 years$27,507$18,745$12,459$8,112$5,197$2,609
35 years$26,428$17,779$11,648$7,468$4,708$2,305
36 years$25,412$16,875$10,897$6,878$4,265$2,036
37 years$24,452$16,028$10,199$6,337$3,866$1,799
38 years$23,546$15,232$9,551$5,841$3,505$1,590
39 years$22,688$14,484$8,948$5,385$3,178$1,406
40 years$21,875$13,780$8,387$4,967$2,883$1,243
41 years$21,103$13,118$7,864$4,583$2,615$1,099
42 years$20,370$12,493$7,377$4,230$2,373$972
43 years$19,674$11,903$6,922$3,904$2,154$859
44 years$19,010$11,346$6,498$3,605$1,955$760
45 years$18,378$10,820$6,101$3,329$1,775$672
46 years$17,776$10,322$5,731$3,075$1,611$595
47 years$17,200$9,850$5,384$2,841$1,463$526
48 years$16,650$9,403$5,059$2,625$1,329$465
49 years$16,125$8,979$4,755$2,426$1,207$412
50 years$15,622$8,577$4,471$2,243$1,096$364

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 $2,870 every year, while hoping to spend $50,474 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: 48/38/14 Blend
34$16,000,000$16,000,000$16,000,000$16,000,000
35$17,634,960$16,786,960$16,538,960$18,412,615
36$19,380,022$17,555,818$17,039,312$19,718,656
37$21,301,389$18,360,657$17,554,733$21,130,506
38$23,416,990$19,203,189$18,085,676$22,662,372
39$25,746,583$20,085,204$18,632,606$24,325,488
40$28,311,937$21,008,582$19,196,001$26,132,186
41$31,137,042$21,975,290$19,776,354$28,096,013
42$34,248,333$22,987,392$20,374,175$30,231,847
43$37,674,938$24,047,049$20,989,984$32,556,033
44$41,448,954$25,156,527$21,624,321$35,086,531
45$45,605,752$26,318,202$22,277,741$37,843,077
46$50,184,307$27,534,562$22,950,814$40,847,364
47$55,227,568$28,808,217$23,644,128$44,123,234
48$60,782,862$30,141,902$24,358,288$47,696,900
49$66,902,342$31,538,483$25,093,918$51,597,180
50$73,643,477$33,000,964$25,851,661$55,855,766
51$81,069,596$34,532,496$26,632,176$60,507,507
52$89,250,486$36,136,379$27,436,145$65,590,731
53$98,263,047$37,816,074$28,264,268$71,147,598
54$108,192,024$39,575,208$29,117,267$77,224,483
55$119,130,800$41,417,583$29,995,885$83,872,406
56$131,182,282$43,347,184$30,900,887$91,147,501
57$144,459,869$45,368,191$31,833,061$99,111,531
58$159,088,526$47,484,982$32,793,219$107,832,460
59$175,205,959$49,702,150$33,782,195$117,385,081
60$192,963,917$52,024,506$34,800,849$127,851,707
61$212,529,627$54,457,096$35,850,067$139,322,933
62$234,087,365$57,005,210$36,930,761$151,898,474
63$257,840,204$59,674,393$38,043,869$165,688,095
64$284,011,924$62,470,458$39,190,358$180,812,623
65$312,849,128$65,399,498$40,371,222$197,405,075
66$344,623,568$68,467,903$41,587,488$215,611,893
67$379,634,712$71,682,370$42,840,209$235,594,305
68$418,212,568$75,049,922$44,130,471$257,529,829
69$460,720,802$78,577,920$45,459,394$281,613,926
70$507,560,168$82,274,082$46,828,128$308,061,824
71$559,172,293$86,146,500$48,237,858$337,110,522
72$616,043,847$90,203,658$49,689,806$369,021,007
73$678,711,132$94,454,450$51,185,227$404,080,691
74$747,765,151$98,908,201$52,725,415$442,606,094
75$823,857,182$103,574,689$54,311,703$484,945,807
76$907,704,930$108,464,164$55,945,460$531,483,753
77$1,000,099,299$113,587,375$57,628,100$582,642,777
78$1,101,911,861$118,955,589$59,361,074$638,888,607
79$1,214,103,081$124,580,623$61,145,880$700,734,219
80$1,337,731,386$130,474,864$62,984,058$768,744,639
81$1,473,963,156$136,651,301$64,877,193$843,542,244
82$1,624,083,736$143,123,554$66,826,917$925,812,595
83$1,789,509,571$149,905,901$68,834,912$1,016,310,870
84$1,971,801,573$157,013,317$70,902,908$1,115,868,949
85$2,172,679,864$164,461,499$73,032,685$1,225,403,223
86$2,394,040,007$172,266,910$75,226,078$1,345,923,198
87$2,637,970,910$180,446,810$77,484,973$1,478,540,976
88$2,906,774,537$189,019,299$79,811,314$1,624,481,701
89$3,202,987,648$198,003,353$82,207,102$1,785,095,072
90$3,529,405,743$207,418,872$84,674,394$1,961,868,027
91$3,889,109,454$217,286,722$87,215,312$2,156,438,722
92$4,285,493,630$227,628,783$89,832,037$2,370,611,935
93$4,722,299,385$238,467,998$92,526,814$2,606,376,037
94$5,203,649,417$249,828,425$95,301,958$2,865,921,695
95$5,734,086,931$261,735,290$98,159,846$3,151,662,483
96$6,318,618,527$274,215,049$101,102,930$3,466,257,594
97$6,962,761,469$287,295,439$104,133,731$3,812,636,863
98$7,672,595,774$301,005,550$107,254,845$4,194,028,346
99$8,454,821,605$315,375,884$110,468,945$4,613,988,708
100$9,316,822,534$330,438,428$113,778,780$5,076,436,714