Can I retire at age 35 with 4,800,000?

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 $4,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$396,380$392,849$389,404$386,042$382,759$367,863
2 years$196,227$192,573$189,031$185,597$182,266$167,439
3 years$129,519$125,849$122,316$118,914$115,637$101,345
4 years$96,171$92,512$89,014$85,671$82,473$68,825
5 years$76,168$72,531$69,079$65,803$62,695$49,726
6 years$62,836$59,227$55,826$52,623$49,608$37,327
7 years$53,318$49,738$46,392$43,265$40,345$28,747
8 years$46,182$42,635$39,344$36,294$33,470$22,544
9 years$40,635$37,121$33,887$30,914$28,187$17,916
10 years$36,200$32,721$29,543$26,648$24,016$14,383
11 years$32,574$29,129$26,009$23,192$20,655$11,635
12 years$29,554$26,145$23,083$20,342$17,899$9,470
13 years$27,001$23,627$20,623$17,959$15,608$7,745
14 years$24,814$21,477$18,530$15,942$13,682$6,359
15 years$22,921$19,619$16,730$14,218$12,047$5,236
16 years$21,266$18,000$15,168$12,730$10,647$4,323
17 years$19,807$16,578$13,802$11,438$9,440$3,577
18 years$18,512$15,318$12,600$10,308$8,394$2,964
19 years$17,354$14,197$11,534$9,314$7,482$2,460
20 years$16,314$13,193$10,586$8,436$6,683$2,043
21 years$15,373$12,288$9,737$7,656$5,980$1,699
22 years$14,520$11,471$8,974$6,961$5,361$1,414
23 years$13,742$10,728$8,286$6,340$4,812$1,178
24 years$13,029$10,052$7,663$5,782$4,325$981
25 years$12,375$9,433$7,098$5,281$3,892$818
26 years$11,772$8,866$6,583$4,828$3,506$682
27 years$11,215$8,344$6,113$4,419$3,161$569
28 years$10,698$7,862$5,682$4,049$2,852$475
29 years$10,218$7,417$5,288$3,713$2,575$396
30 years$9,771$7,005$4,926$3,408$2,327$331
31 years$9,353$6,622$4,592$3,130$2,104$276
32 years$8,962$6,265$4,284$2,876$1,903$230
33 years$8,596$5,933$4,000$2,645$1,722$192
34 years$8,252$5,624$3,738$2,434$1,559$161
35 years$7,928$5,334$3,494$2,240$1,412$134
36 years$7,624$5,063$3,269$2,063$1,280$112
37 years$7,336$4,808$3,060$1,901$1,160$94
38 years$7,064$4,570$2,865$1,752$1,051$78
39 years$6,806$4,345$2,684$1,616$953$65
40 years$6,562$4,134$2,516$1,490$865$55
41 years$6,331$3,935$2,359$1,375$785$46
42 years$6,111$3,748$2,213$1,269$712$38
43 years$5,902$3,571$2,077$1,171$646$32
44 years$5,703$3,404$1,949$1,082$586$27
45 years$5,513$3,246$1,830$999$532$22
46 years$5,333$3,096$1,719$923$483$19
47 years$5,160$2,955$1,615$852$439$15
48 years$4,995$2,821$1,518$788$399$13
49 years$4,837$2,694$1,427$728$362$11
50 years$4,686$2,573$1,341$673$329$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $4,800,000, adding $5,340 every year, while hoping to spend $54,729 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: 51/36/13 Blend
34$4,800,000$4,800,000$4,800,000$4,800,000
35$5,295,108$5,040,708$4,966,308$5,546,370
36$5,776,978$5,229,472$5,074,448$5,907,722
37$6,306,164$5,425,650$5,184,377$6,294,126
38$6,887,435$5,629,550$5,296,096$6,712,962
39$7,526,045$5,841,488$5,409,606$7,167,305
40$8,227,779$6,061,799$5,524,905$7,660,532
41$8,999,013$6,290,828$5,641,991$8,196,356
42$9,846,772$6,528,938$5,760,856$8,778,862
43$10,778,792$6,776,505$5,881,495$9,412,539
44$11,803,599$7,033,925$6,003,895$10,102,327
45$12,930,586$7,301,607$6,128,046$10,853,658
46$14,170,101$7,579,980$6,253,930$11,672,508
47$15,533,545$7,869,493$6,381,530$12,565,451
48$17,033,480$8,170,612$6,510,825$13,539,722
49$18,683,748$8,483,824$6,641,790$14,603,279
50$20,499,597$8,809,639$6,774,397$15,764,883
51$22,497,831$9,148,586$6,908,615$17,034,173
52$24,696,965$9,501,222$7,044,409$18,421,760
53$27,117,397$9,868,124$7,181,738$19,939,322
54$29,781,606$10,249,896$7,320,560$21,599,715
55$32,714,358$10,647,169$7,460,828$23,417,090
56$35,942,945$11,060,602$7,602,487$25,407,026
57$39,497,436$11,490,883$7,745,482$27,586,677
58$43,410,968$11,938,729$7,889,748$29,974,928
59$47,720,050$12,404,891$8,035,219$32,592,573
60$52,464,916$12,890,151$8,181,819$35,462,510
61$57,689,897$13,395,328$8,329,470$38,609,952
62$63,443,842$13,921,275$8,478,083$42,062,665
63$69,780,582$14,468,886$8,627,567$45,851,227
64$76,759,432$15,039,092$8,777,821$50,009,314
65$84,445,753$15,632,866$8,928,737$54,574,013
66$92,911,570$16,251,227$9,080,200$59,586,173
67$102,236,250$16,895,236$9,232,086$65,090,784
68$112,507,249$17,566,005$9,384,262$71,137,400
69$123,820,942$18,264,692$9,536,588$77,780,606
70$136,283,526$18,992,510$9,688,913$85,080,525
71$150,012,029$19,750,727$9,841,075$93,103,384
72$165,135,409$20,540,665$9,992,903$101,922,139
73$181,795,770$21,363,707$10,144,215$111,617,153
74$200,149,710$22,221,300$10,294,818$122,276,958
75$220,369,791$23,114,955$10,444,505$133,999,080
76$242,646,172$24,046,250$10,593,058$146,890,960
77$267,188,402$25,016,836$10,740,246$161,070,961
78$294,227,397$26,028,439$10,885,822$176,669,482
79$324,017,622$27,082,863$11,029,527$193,830,184
80$356,839,489$28,181,993$11,171,086$212,711,339
81$393,002,007$29,327,800$11,310,207$233,487,323
82$432,845,695$30,522,346$11,446,583$256,350,252
83$476,745,801$31,767,786$11,579,888$281,511,793
84$525,115,837$33,066,372$11,709,779$309,205,153
85$578,411,489$34,420,461$11,835,893$339,687,280
86$637,134,913$35,832,516$11,957,848$373,241,273
87$701,839,479$37,305,114$12,075,240$410,179,057
88$773,134,989$38,840,948$12,187,644$450,844,314
89$851,693,440$40,442,836$12,294,612$495,615,724
90$938,255,361$42,113,725$12,395,672$544,910,530
91$1,033,636,808$43,856,698$12,490,327$599,188,469
92$1,138,737,063$45,674,977$12,578,054$658,956,104
93$1,254,547,127$47,571,934$12,658,303$724,771,596
94$1,382,159,073$49,551,098$12,730,494$797,249,968
95$1,522,776,354$51,616,157$12,794,021$877,068,896
96$1,677,725,164$53,770,971$12,848,243$964,975,102
97$1,848,466,960$56,019,578$12,892,489$1,061,791,387
98$2,036,612,256$58,366,202$12,926,052$1,168,424,395
99$2,243,935,823$60,815,264$12,948,193$1,285,873,153
100$2,472,393,452$63,371,387$12,958,132$1,415,238,497