Can I retire at age 35 with 8,000,000?

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 $8,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$660,633$654,748$649,007$643,403$637,931$625,307
2 years$327,046$320,955$315,052$309,328$303,777$291,111
3 years$215,865$209,748$203,859$198,190$192,728$180,417
4 years$160,285$154,187$148,357$142,785$137,456$125,592
5 years$126,946$120,884$115,131$109,672$104,492$93,111
6 years$104,727$98,711$93,043$87,706$82,681$71,795
7 years$88,863$82,897$77,319$72,108$67,241$56,853
8 years$76,970$71,058$65,573$60,489$55,783$45,889
9 years$67,725$61,869$56,478$51,524$46,978$37,571
10 years$60,333$54,535$49,239$44,414$40,027$31,100
11 years$54,289$48,549$43,349$38,653$34,425$25,966
12 years$49,256$43,575$38,471$33,904$29,832$21,829
13 years$45,001$39,379$34,371$29,932$26,014$18,453
14 years$41,357$35,794$30,883$26,571$22,804$15,671
15 years$38,201$32,699$27,883$23,696$20,078$13,359
16 years$35,443$30,001$25,280$21,217$17,745$11,425
17 years$33,012$27,629$23,004$19,064$15,734$9,796
18 years$30,853$25,531$21,000$17,180$13,990$8,418
19 years$28,924$23,662$19,224$15,524$12,470$7,248
20 years$27,189$21,988$17,643$14,060$11,138$6,250
21 years$25,622$20,481$16,228$12,760$9,967$5,398
22 years$24,200$19,118$14,957$11,602$8,934$4,667
23 years$22,903$17,881$13,810$10,566$8,020$4,039
24 years$21,716$16,753$12,772$9,637$7,208$3,498
25 years$20,625$15,722$11,829$8,801$6,487$3,033
26 years$19,620$14,776$10,971$8,047$5,843$2,630
27 years$18,691$13,906$10,188$7,366$5,268$2,283
28 years$17,830$13,103$9,471$6,749$4,753$1,982
29 years$17,030$12,362$8,813$6,189$4,292$1,722
30 years$16,285$11,674$8,209$5,680$3,878$1,496
31 years$15,589$11,036$7,653$5,216$3,506$1,301
32 years$14,937$10,442$7,141$4,794$3,172$1,131
33 years$14,327$9,889$6,667$4,408$2,870$984
34 years$13,753$9,373$6,229$4,056$2,599$856
35 years$13,214$8,890$5,824$3,734$2,354$745
36 years$12,706$8,438$5,448$3,439$2,133$648
37 years$12,226$8,014$5,100$3,168$1,933$564
38 years$11,773$7,616$4,775$2,920$1,752$491
39 years$11,344$7,242$4,474$2,693$1,589$427
40 years$10,937$6,890$4,194$2,484$1,441$372
41 years$10,552$6,559$3,932$2,291$1,308$324
42 years$10,185$6,246$3,689$2,115$1,187$282
43 years$9,837$5,952$3,461$1,952$1,077$245
44 years$9,505$5,673$3,249$1,803$977$214
45 years$9,189$5,410$3,051$1,665$887$186
46 years$8,888$5,161$2,865$1,538$806$162
47 years$8,600$4,925$2,692$1,421$732$141
48 years$8,325$4,702$2,530$1,313$664$123
49 years$8,062$4,490$2,378$1,213$603$107
50 years$7,811$4,289$2,235$1,121$548$93

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,000,000, adding $3,174 every year, while hoping to spend $24,985 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: 51/20/29 Blend
34$8,000,000$8,000,000$8,000,000$8,000,000
35$8,819,274$8,395,274$8,271,274$9,196,728
36$9,692,256$8,780,059$8,521,778$9,845,304
37$10,653,445$9,182,860$8,779,836$10,547,423
38$11,711,811$9,604,535$9,045,676$11,310,452
39$12,877,240$10,045,982$9,319,530$12,140,203
40$14,160,624$10,508,140$9,601,639$13,043,069
41$15,573,964$10,991,995$9,892,251$14,026,077
42$17,130,488$11,498,582$10,191,620$15,096,951
43$18,844,768$12,028,983$10,500,010$16,264,190
44$20,732,864$12,584,334$10,817,691$17,537,139
45$22,812,473$13,165,823$11,144,940$18,926,075
46$25,103,095$13,774,698$11,482,045$20,442,308
47$27,626,219$14,412,266$11,829,302$22,098,275
48$30,405,523$15,079,897$12,187,013$23,907,665
49$33,467,102$15,779,027$12,555,494$25,885,536
50$36,839,708$16,511,162$12,935,065$28,048,463
51$40,555,028$17,277,878$13,326,058$30,414,683
52$44,647,976$18,080,829$13,728,817$33,004,270
53$49,157,030$18,921,750$14,143,693$35,839,316
54$54,124,589$19,802,458$14,571,048$38,944,142
55$59,597,375$20,724,857$15,011,257$42,345,519
56$65,626,876$21,690,943$15,464,702$46,072,916
57$72,269,829$22,702,811$15,931,781$50,158,780
58$79,588,757$23,762,654$16,412,901$54,638,833
59$87,652,559$24,872,773$16,908,482$59,552,406
60$96,537,160$26,035,578$17,418,956$64,942,804
61$106,326,227$27,253,599$17,944,768$70,857,717
62$117,111,961$28,529,484$18,486,377$77,349,654
63$128,995,964$29,866,012$19,044,254$84,476,443
64$142,090,201$31,266,095$19,618,885$92,301,767
65$156,518,055$32,732,787$20,210,770$100,895,761
66$172,415,491$34,269,288$20,820,426$110,335,666
67$189,932,342$35,878,954$21,448,381$120,706,555
68$209,233,722$37,565,304$22,095,183$132,102,126
69$230,501,584$39,332,026$22,761,394$144,625,582
70$253,936,437$41,182,987$23,447,592$158,390,601
71$279,759,242$43,122,241$24,154,375$173,522,394
72$308,213,493$45,154,040$24,882,355$190,158,888
73$339,567,520$47,282,839$25,632,165$208,452,013
74$374,117,020$49,513,311$26,404,455$228,569,131
75$412,187,848$51,850,355$27,199,896$250,694,610
76$454,139,093$54,299,107$28,019,178$275,031,549
77$500,366,470$56,864,953$28,863,010$301,803,690
78$551,306,053$59,553,539$29,732,124$331,257,520
79$607,438,393$62,370,784$30,627,272$363,664,585
80$669,293,054$65,322,898$31,549,230$399,324,047
81$737,453,612$68,416,387$32,498,797$438,565,492
82$812,563,167$71,658,076$33,476,792$481,752,032
83$895,330,408$75,055,120$34,484,063$529,283,721
84$986,536,311$78,615,022$35,521,481$581,601,317
85$1,087,041,506$82,345,648$36,589,941$639,190,430
86$1,197,794,402$86,255,248$37,690,367$702,586,095
87$1,319,840,146$90,352,470$38,823,709$772,377,803
88$1,454,330,483$94,646,383$39,990,946$849,215,055
89$1,602,534,634$99,146,498$41,193,084$933,813,476
90$1,765,851,275$103,862,785$42,431,161$1,026,961,551
91$1,945,821,744$108,805,700$43,706,243$1,129,528,059
92$2,144,144,591$113,986,208$45,019,431$1,242,470,248
93$2,362,691,612$119,415,805$46,371,855$1,366,842,856
94$2,603,525,524$125,106,547$47,764,680$1,503,808,050
95$2,868,919,435$131,071,076$49,199,104$1,654,646,375
96$3,161,378,306$137,322,647$50,676,362$1,820,768,819
97$3,483,662,597$143,875,161$52,197,725$2,003,730,114
98$3,838,814,334$150,743,195$53,764,500$2,205,243,390
99$4,230,185,819$157,942,035$55,378,034$2,427,196,318
100$4,661,471,287$165,487,709$57,039,713$2,671,668,912