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%14.7%
1 years$396,380$392,849$389,404$386,042$382,759$375,338
2 years$196,227$192,573$189,031$185,597$182,266$174,820
3 years$129,519$125,849$122,316$118,914$115,637$108,397
4 years$96,171$92,512$89,014$85,671$82,473$75,496
5 years$76,168$72,531$69,079$65,803$62,695$56,000
6 years$62,836$59,227$55,826$52,623$49,608$43,203
7 years$53,318$49,738$46,392$43,265$40,345$34,231
8 years$46,182$42,635$39,344$36,294$33,470$27,646
9 years$40,635$37,121$33,887$30,914$28,187$22,648
10 years$36,200$32,721$29,543$26,648$24,016$18,759
11 years$32,574$29,129$26,009$23,192$20,655$15,672
12 years$29,554$26,145$23,083$20,342$17,899$13,183
13 years$27,001$23,627$20,623$17,959$15,608$11,152
14 years$24,814$21,477$18,530$15,942$13,682$9,478
15 years$22,921$19,619$16,730$14,218$12,047$8,085
16 years$21,266$18,000$15,168$12,730$10,647$6,919
17 years$19,807$16,578$13,802$11,438$9,440$5,937
18 years$18,512$15,318$12,600$10,308$8,394$5,105
19 years$17,354$14,197$11,534$9,314$7,482$4,399
20 years$16,314$13,193$10,586$8,436$6,683$3,796
21 years$15,373$12,288$9,737$7,656$5,980$3,281
22 years$14,520$11,471$8,974$6,961$5,361$2,839
23 years$13,742$10,728$8,286$6,340$4,812$2,459
24 years$13,029$10,052$7,663$5,782$4,325$2,131
25 years$12,375$9,433$7,098$5,281$3,892$1,849
26 years$11,772$8,866$6,583$4,828$3,506$1,605
27 years$11,215$8,344$6,113$4,419$3,161$1,394
28 years$10,698$7,862$5,682$4,049$2,852$1,212
29 years$10,218$7,417$5,288$3,713$2,575$1,053
30 years$9,771$7,005$4,926$3,408$2,327$916
31 years$9,353$6,622$4,592$3,130$2,104$797
32 years$8,962$6,265$4,284$2,876$1,903$694
33 years$8,596$5,933$4,000$2,645$1,722$604
34 years$8,252$5,624$3,738$2,434$1,559$526
35 years$7,928$5,334$3,494$2,240$1,412$458
36 years$7,624$5,063$3,269$2,063$1,280$399
37 years$7,336$4,808$3,060$1,901$1,160$347
38 years$7,064$4,570$2,865$1,752$1,051$302
39 years$6,806$4,345$2,684$1,616$953$264
40 years$6,562$4,134$2,516$1,490$865$230
41 years$6,331$3,935$2,359$1,375$785$200
42 years$6,111$3,748$2,213$1,269$712$174
43 years$5,902$3,571$2,077$1,171$646$152
44 years$5,703$3,404$1,949$1,082$586$132
45 years$5,513$3,246$1,830$999$532$115
46 years$5,333$3,096$1,719$923$483$101
47 years$5,160$2,955$1,615$852$439$88
48 years$4,995$2,821$1,518$788$399$76
49 years$4,837$2,694$1,427$728$362$67
50 years$4,686$2,573$1,341$673$329$58

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 $4,008 every year, while hoping to spend $43,489 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: 58/16/26 Blend
34$4,800,000$4,800,000$4,800,000$4,800,000
35$5,293,734$5,039,334$4,964,934$5,563,160
36$5,787,423$5,239,990$5,084,988$5,948,460
37$6,330,011$5,449,020$5,207,605$6,363,402
38$6,926,439$5,666,789$5,332,827$6,814,928
39$7,582,152$5,893,677$5,460,693$7,306,591
40$8,303,148$6,130,084$5,591,242$7,842,302
41$9,096,035$6,376,425$5,724,515$8,426,366
42$9,968,095$6,633,134$5,860,551$9,063,521
43$10,927,350$6,900,666$5,999,388$9,758,981
44$11,982,637$7,179,496$6,141,065$10,518,484
45$13,143,695$7,470,121$6,285,621$11,348,350
46$14,421,255$7,773,060$6,433,092$12,255,533
47$15,827,138$8,088,855$6,583,516$13,247,691
48$17,374,372$8,418,074$6,736,928$14,333,256
49$19,077,308$8,761,310$6,893,366$15,521,510
50$20,951,762$9,119,183$7,052,862$16,822,675
51$23,015,161$9,492,342$7,215,452$18,248,007
52$25,286,705$9,881,464$7,381,168$19,809,903
53$27,787,553$10,287,260$7,550,041$21,522,013
54$30,541,018$10,710,470$7,722,101$23,399,370
55$33,572,788$11,151,870$7,897,379$25,458,533
56$36,911,172$11,612,271$8,075,901$27,717,738
57$40,587,361$12,092,522$8,257,693$30,197,071
58$44,635,726$12,593,509$8,442,779$32,918,655
59$49,094,140$13,116,161$8,631,182$35,906,861
60$54,004,337$13,661,449$8,822,922$39,188,532
61$59,412,307$14,230,387$9,018,017$42,793,236
62$65,368,725$14,824,038$9,216,483$46,753,548
63$71,929,432$15,443,513$9,418,333$51,105,349
64$79,155,964$16,089,976$9,623,577$55,888,168
65$87,116,130$16,764,641$9,832,224$61,145,551
66$95,884,649$17,468,783$10,044,277$66,925,473
67$105,543,861$18,203,731$10,259,738$73,280,785
68$116,184,501$18,970,880$10,478,606$80,269,715
69$127,906,553$19,771,686$10,700,872$87,956,413
70$140,820,199$20,607,677$10,926,529$96,411,554
71$155,046,853$21,480,446$11,155,561$105,713,008
72$170,720,310$22,391,666$11,387,951$115,946,566
73$187,988,008$23,343,084$11,623,673$127,206,752
74$207,012,419$24,336,529$11,862,700$139,597,711
75$227,972,583$25,373,917$12,104,999$153,234,191
76$251,065,799$26,457,251$12,350,528$168,242,624
77$276,509,483$27,588,629$12,599,243$184,762,313
78$304,543,224$28,770,246$12,851,092$202,946,750
79$335,431,045$30,004,400$13,106,016$222,965,056
80$369,463,892$31,293,496$13,363,948$245,003,581
81$406,962,385$32,640,053$13,624,816$269,267,653
82$448,279,839$34,046,707$13,888,538$295,983,520
83$493,805,603$35,516,216$14,155,025$325,400,477
84$543,968,733$37,051,469$14,424,177$357,793,218
85$599,242,044$38,655,491$14,695,887$393,464,427
86$660,146,571$40,331,448$14,970,037$432,747,628
87$727,256,486$42,082,655$15,246,499$476,010,333
88$801,204,525$43,912,582$15,525,134$523,657,505
89$882,687,952$45,824,864$15,805,791$576,135,378
90$972,475,146$47,823,305$16,088,308$633,935,666
91$1,071,412,854$49,911,890$16,372,509$697,600,196
92$1,180,434,184$52,094,791$16,658,207$767,726,025
93$1,300,567,412$54,376,377$16,945,198$844,971,064
94$1,432,945,690$56,761,222$17,233,264$930,060,289
95$1,578,817,745$59,254,117$17,522,174$1,023,792,580
96$1,739,559,666$61,860,079$17,811,677$1,127,048,250
97$1,916,687,891$64,584,362$18,101,508$1,240,797,360
98$2,111,873,530$67,432,469$18,391,381$1,366,108,863
99$2,326,958,132$70,410,163$18,680,995$1,504,160,691
100$2,563,971,080$73,523,479$18,970,027$1,656,250,870