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%19.3%
1 years$396,380$392,849$389,404$386,042$382,759$368,446
2 years$196,227$192,573$189,031$185,597$182,266$168,010
3 years$129,519$125,849$122,316$118,914$115,637$101,886
4 years$96,171$92,512$89,014$85,671$82,473$69,333
5 years$76,168$72,531$69,079$65,803$62,695$50,198
6 years$62,836$59,227$55,826$52,623$49,608$37,764
7 years$53,318$49,738$46,392$43,265$40,345$29,151
8 years$46,182$42,635$39,344$36,294$33,470$22,915
9 years$40,635$37,121$33,887$30,914$28,187$18,256
10 years$36,200$32,721$29,543$26,648$24,016$14,693
11 years$32,574$29,129$26,009$23,192$20,655$11,917
12 years$29,554$26,145$23,083$20,342$17,899$9,726
13 years$27,001$23,627$20,623$17,959$15,608$7,976
14 years$24,814$21,477$18,530$15,942$13,682$6,566
15 years$22,921$19,619$16,730$14,218$12,047$5,423
16 years$21,266$18,000$15,168$12,730$10,647$4,490
17 years$19,807$16,578$13,802$11,438$9,440$3,726
18 years$18,512$15,318$12,600$10,308$8,394$3,097
19 years$17,354$14,197$11,534$9,314$7,482$2,578
20 years$16,314$13,193$10,586$8,436$6,683$2,148
21 years$15,373$12,288$9,737$7,656$5,980$1,792
22 years$14,520$11,471$8,974$6,961$5,361$1,496
23 years$13,742$10,728$8,286$6,340$4,812$1,250
24 years$13,029$10,052$7,663$5,782$4,325$1,044
25 years$12,375$9,433$7,098$5,281$3,892$873
26 years$11,772$8,866$6,583$4,828$3,506$731
27 years$11,215$8,344$6,113$4,419$3,161$611
28 years$10,698$7,862$5,682$4,049$2,852$512
29 years$10,218$7,417$5,288$3,713$2,575$429
30 years$9,771$7,005$4,926$3,408$2,327$359
31 years$9,353$6,622$4,592$3,130$2,104$301
32 years$8,962$6,265$4,284$2,876$1,903$252
33 years$8,596$5,933$4,000$2,645$1,722$211
34 years$8,252$5,624$3,738$2,434$1,559$177
35 years$7,928$5,334$3,494$2,240$1,412$148
36 years$7,624$5,063$3,269$2,063$1,280$124
37 years$7,336$4,808$3,060$1,901$1,160$104
38 years$7,064$4,570$2,865$1,752$1,051$87
39 years$6,806$4,345$2,684$1,616$953$73
40 years$6,562$4,134$2,516$1,490$865$61
41 years$6,331$3,935$2,359$1,375$785$51
42 years$6,111$3,748$2,213$1,269$712$43
43 years$5,902$3,571$2,077$1,171$646$36
44 years$5,703$3,404$1,949$1,082$586$30
45 years$5,513$3,246$1,830$999$532$25
46 years$5,333$3,096$1,719$923$483$21
47 years$5,160$2,955$1,615$852$439$18
48 years$4,995$2,821$1,518$788$399$15
49 years$4,837$2,694$1,427$728$362$12
50 years$4,686$2,573$1,341$673$329$10

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 $6,791 every year, while hoping to spend $54,696 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: 23/50/27 Blend
34$4,800,000$4,800,000$4,800,000$4,800,000
35$5,296,605$5,042,205$4,967,805$5,372,956
36$5,778,662$5,231,077$5,076,030$5,628,118
37$6,308,057$5,427,370$5,186,048$5,896,059
38$6,889,558$5,631,391$5,297,860$6,181,763
39$7,528,423$5,843,459$5,411,468$6,486,732
40$8,230,439$6,063,906$5,526,870$6,812,606
41$9,001,986$6,293,079$5,644,062$7,161,184
42$9,850,090$6,531,341$5,763,039$7,534,435
43$10,782,492$6,779,070$5,883,794$7,934,518
44$11,807,722$7,036,660$6,006,317$8,363,798
45$12,935,176$7,304,523$6,130,595$8,824,869
46$14,175,207$7,583,087$6,256,613$9,320,577
47$15,539,221$7,872,802$6,384,352$9,854,043
48$17,039,786$8,174,133$6,513,792$10,428,692
49$18,690,749$8,487,571$6,644,909$11,048,282
50$20,507,367$8,813,623$6,777,675$11,716,940
51$22,506,450$9,152,822$6,912,059$12,439,198
52$24,706,520$9,505,723$7,048,025$13,220,031
53$27,127,986$9,872,904$7,185,535$14,064,906
54$29,793,336$10,254,972$7,324,546$14,979,828
55$32,727,348$10,652,558$7,465,010$15,971,394
56$35,957,325$11,066,320$7,606,875$17,046,858
57$39,513,351$11,496,948$7,750,084$18,214,188
58$43,428,575$11,945,161$7,894,574$19,482,149
59$47,739,525$12,411,710$8,040,278$20,860,371
60$52,486,451$12,897,378$8,187,122$22,359,449
61$57,713,705$13,402,985$8,335,026$23,991,032
62$63,470,158$13,929,386$8,483,904$25,767,931
63$69,809,663$14,477,476$8,633,665$27,704,238
64$76,791,562$15,048,186$8,784,206$29,815,458
65$84,481,247$15,642,492$8,935,423$32,118,644
66$92,950,774$16,261,414$9,087,198$34,632,564
67$102,279,544$16,906,014$9,239,411$37,377,866
68$112,555,053$17,577,405$9,391,927$40,377,273
69$123,873,720$18,276,749$9,544,608$43,655,795
70$136,341,789$19,005,259$9,697,302$47,240,954
71$150,076,338$19,764,204$9,849,849$51,163,047
72$165,206,384$20,554,910$10,002,078$55,455,422
73$181,874,096$21,378,761$10,153,808$60,154,789
74$200,236,140$22,237,206$10,304,846$65,301,563
75$220,465,154$23,131,757$10,454,987$70,940,237
76$242,751,384$24,063,997$10,604,013$77,119,799
77$267,304,470$25,035,578$10,751,692$83,894,189
78$294,355,433$26,048,229$10,897,781$91,322,800
79$324,158,851$27,103,755$11,042,021$99,471,031
80$356,995,261$28,204,046$11,184,135$108,410,904
81$393,173,809$29,351,076$11,323,835$118,221,727
82$433,035,168$30,546,909$11,460,814$128,990,847
83$476,954,750$31,793,703$11,594,747$140,814,456
84$525,346,255$33,093,715$11,725,291$153,798,499
85$578,665,570$34,449,304$11,852,085$168,059,664
86$637,415,076$35,862,938$11,974,748$183,726,471
87$702,148,389$37,337,197$12,092,877$200,940,481
88$773,475,584$38,874,779$12,206,048$219,857,622
89$852,068,957$40,478,507$12,313,814$240,649,649
90$938,669,369$42,151,331$12,415,705$263,505,759
91$1,034,093,237$43,896,339$12,511,224$288,634,361
92$1,139,240,248$45,716,760$12,599,851$316,265,040
93$1,255,101,843$47,615,971$12,681,035$346,650,703
94$1,382,770,582$49,597,505$12,754,201$380,069,965
95$1,523,450,455$51,665,056$12,818,740$416,829,757
96$1,678,468,250$53,822,492$12,874,016$457,268,218
97$1,849,286,073$56,073,857$12,919,358$501,757,869
98$2,037,515,158$58,423,381$12,954,062$550,709,115
99$2,244,931,070$60,875,492$12,977,388$604,574,108
100$2,473,490,469$63,434,821$12,988,561$663,850,997