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%14.2%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,253,694
2 years$654,092$641,910$630,104$618,657$607,554$585,291
3 years$431,730$419,495$407,719$396,379$385,457$363,794
4 years$320,570$308,373$296,715$285,569$274,911$254,015
5 years$253,892$241,768$230,263$219,344$208,983$188,913
6 years$209,455$197,422$186,087$175,411$165,361$146,140
7 years$177,726$165,795$154,639$144,215$134,483$116,116
8 years$153,940$142,117$131,146$120,979$111,567$94,050
9 years$135,450$123,738$112,956$103,047$93,955$77,279
10 years$120,667$109,069$98,478$88,828$80,054$64,204
11 years$108,579$97,098$86,698$77,307$68,850$53,808
12 years$98,513$87,150$76,942$67,808$59,664$45,411
13 years$90,002$78,758$68,743$59,865$52,028$38,542
14 years$82,714$71,589$61,766$53,141$45,607$32,865
15 years$76,403$65,398$55,766$47,392$40,156$28,132
16 years$70,886$60,001$50,560$42,435$35,490$24,160
17 years$66,023$55,259$46,008$38,127$31,468$20,804
18 years$61,706$51,062$41,999$34,360$27,980$17,957
19 years$57,847$47,323$38,448$31,048$24,939$15,529
20 years$54,379$43,975$35,286$28,120$22,276$13,452
21 years$51,245$40,961$32,456$25,520$19,935$11,670
22 years$48,400$38,236$29,913$23,204$17,869$10,136
23 years$45,806$35,761$27,620$21,132$16,040$8,813
24 years$43,431$33,506$25,544$19,274$14,417$7,670
25 years$41,250$31,444$23,659$17,602$12,973$6,681
26 years$39,241$29,552$21,942$16,094$11,686$5,823
27 years$37,383$27,812$20,375$14,731$10,536$5,078
28 years$35,661$26,207$18,941$13,497$9,506$4,431
29 years$34,060$24,723$17,627$12,377$8,584$3,868
30 years$32,569$23,348$16,418$11,359$7,756$3,378
31 years$31,177$22,072$15,306$10,433$7,012$2,951
32 years$29,875$20,885$14,281$9,588$6,343$2,579
33 years$28,654$19,778$13,334$8,817$5,741$2,254
34 years$27,507$18,745$12,459$8,112$5,197$1,971
35 years$26,428$17,779$11,648$7,468$4,708$1,723
36 years$25,412$16,875$10,897$6,878$4,265$1,507
37 years$24,452$16,028$10,199$6,337$3,866$1,318
38 years$23,546$15,232$9,551$5,841$3,505$1,153
39 years$22,688$14,484$8,948$5,385$3,178$1,009
40 years$21,875$13,780$8,387$4,967$2,883$883
41 years$21,103$13,118$7,864$4,583$2,615$773
42 years$20,370$12,493$7,377$4,230$2,373$676
43 years$19,674$11,903$6,922$3,904$2,154$592
44 years$19,010$11,346$6,498$3,605$1,955$518
45 years$18,378$10,820$6,101$3,329$1,775$454
46 years$17,776$10,322$5,731$3,075$1,611$397
47 years$17,200$9,850$5,384$2,841$1,463$348
48 years$16,650$9,403$5,059$2,625$1,329$304
49 years$16,125$8,979$4,755$2,426$1,207$266
50 years$15,622$8,577$4,471$2,243$1,096$233

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 $3,122 every year, while hoping to spend $20,820 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: 63/9/28 Blend
34$16,000,000$16,000,000$16,000,000$16,000,000
35$17,635,220$16,787,220$16,539,220$18,614,178
36$19,411,860$17,587,642$17,071,132$20,079,101
37$21,369,020$18,426,586$17,620,165$21,676,017
38$23,525,090$19,305,919$18,186,870$23,419,957
39$25,900,337$20,227,597$18,771,818$25,325,342
40$28,517,093$21,193,671$19,375,596$27,408,039
41$31,399,969$22,206,292$19,998,810$29,685,513
42$34,576,083$23,267,718$20,642,087$32,176,986
43$38,075,319$24,380,312$21,306,074$34,903,616
44$41,930,612$25,546,557$21,991,437$37,888,695
45$46,178,249$26,769,054$22,698,865$41,157,861
46$50,858,223$28,050,530$23,429,070$44,739,343
47$56,014,603$29,393,847$24,182,785$48,664,218
48$61,695,953$30,802,005$24,960,768$52,966,705
49$67,955,787$32,278,151$25,763,801$57,684,481
50$74,853,080$33,825,583$26,592,691$62,859,035
51$82,452,820$35,447,763$27,448,272$68,536,052
52$90,826,622$37,148,318$28,331,404$74,765,845
53$100,053,406$38,931,054$29,242,974$81,603,820
54$110,220,140$40,799,962$30,183,900$89,110,997
55$121,422,661$42,759,227$31,155,127$97,354,583
56$133,766,581$44,813,237$32,157,633$106,408,595
57$147,368,284$46,966,597$33,192,425$116,354,562
58$162,356,022$49,224,134$34,260,544$127,282,279
59$178,871,129$51,590,909$35,363,065$139,290,660
60$197,069,352$54,072,232$36,501,096$152,488,654
61$217,122,325$56,673,670$37,675,782$166,996,279
62$239,219,187$59,401,064$38,888,305$182,945,737
63$263,568,365$62,260,538$40,139,885$200,482,665
64$290,399,548$65,258,514$41,431,780$219,767,495
65$319,965,848$68,401,727$42,765,291$240,976,967
66$352,546,196$71,697,243$44,141,759$264,305,785
67$388,447,969$75,152,469$45,562,570$289,968,450
68$428,009,899$78,775,177$47,029,153$318,201,278
69$471,605,263$82,573,515$48,542,984$349,264,615
70$519,645,412$86,556,030$50,105,586$383,445,296
71$572,583,653$90,731,684$51,718,532$421,059,334
72$630,919,529$95,109,880$53,383,446$462,454,898
73$695,203,533$99,700,476$55,102,004$508,015,591
74$766,042,307$104,513,813$56,875,935$558,164,058
75$844,104,368$109,560,736$58,707,025$613,365,962
76$930,126,421$114,852,619$60,597,117$674,134,377
77$1,024,920,310$120,401,392$62,548,115$741,034,610
78$1,129,380,688$126,219,566$64,561,983$814,689,533
79$1,244,493,457$132,320,263$66,640,748$895,785,444
80$1,371,345,080$138,717,247$68,786,503$985,078,536
81$1,511,132,837$145,424,952$71,001,411$1,083,402,022
82$1,665,176,129$152,458,516$73,287,700$1,191,673,983
83$1,834,928,930$159,833,819$75,647,674$1,310,906,021
84$2,021,993,519$167,567,515$78,083,709$1,442,212,795
85$2,228,135,604$175,677,069$80,598,260$1,586,822,524
86$2,455,300,992$184,180,802$83,193,858$1,746,088,567
87$2,705,633,960$193,097,928$85,873,119$1,921,502,180
88$2,981,497,497$202,448,600$88,638,741$2,114,706,577
89$3,285,495,615$212,253,954$91,493,512$2,327,512,420
90$3,620,497,929$222,536,159$94,440,306$2,561,914,895
91$3,989,666,755$233,318,468$97,482,094$2,820,112,526
92$4,396,486,960$244,625,269$100,621,939$3,104,527,904
93$4,844,798,862$256,482,140$103,863,007$3,417,830,542
94$5,338,834,491$268,915,910$107,208,563$3,762,962,046
95$5,883,257,538$281,954,718$110,661,978$4,143,163,863
96$6,483,207,386$295,628,078$114,226,734$4,562,007,855
97$7,144,347,632$309,966,947$117,906,422$5,023,429,993
98$7,872,919,556$325,003,793$121,704,753$5,531,767,488
99$8,675,801,043$340,772,671$125,625,554$6,091,799,703
100$9,560,571,518$357,309,300$129,672,779$6,708,793,246