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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.6%
1 years$660,633$654,748$649,007$643,403$637,931$631,007
2 years$327,046$320,955$315,052$309,328$303,777$296,805
3 years$215,865$209,748$203,859$198,190$192,728$185,925
4 years$160,285$154,187$148,357$142,785$137,456$130,873
5 years$126,946$120,884$115,131$109,672$104,492$98,150
6 years$104,727$98,711$93,043$87,706$82,681$76,587
7 years$88,863$82,897$77,319$72,108$67,241$61,399
8 years$76,970$71,058$65,573$60,489$55,783$50,191
9 years$67,725$61,869$56,478$51,524$46,978$41,634
10 years$60,333$54,535$49,239$44,414$40,027$34,928
11 years$54,289$48,549$43,349$38,653$34,425$29,566
12 years$49,256$43,575$38,471$33,904$29,832$25,209
13 years$45,001$39,379$34,371$29,932$26,014$21,621
14 years$41,357$35,794$30,883$26,571$22,804$18,634
15 years$38,201$32,699$27,883$23,696$20,078$16,126
16 years$35,443$30,001$25,280$21,217$17,745$14,004
17 years$33,012$27,629$23,004$19,064$15,734$12,196
18 years$30,853$25,531$21,000$17,180$13,990$10,649
19 years$28,924$23,662$19,224$15,524$12,470$9,318
20 years$27,189$21,988$17,643$14,060$11,138$8,168
21 years$25,622$20,481$16,228$12,760$9,967$7,171
22 years$24,200$19,118$14,957$11,602$8,934$6,305
23 years$22,903$17,881$13,810$10,566$8,020$5,550
24 years$21,716$16,753$12,772$9,637$7,208$4,891
25 years$20,625$15,722$11,829$8,801$6,487$4,314
26 years$19,620$14,776$10,971$8,047$5,843$3,808
27 years$18,691$13,906$10,188$7,366$5,268$3,364
28 years$17,830$13,103$9,471$6,749$4,753$2,974
29 years$17,030$12,362$8,813$6,189$4,292$2,630
30 years$16,285$11,674$8,209$5,680$3,878$2,327
31 years$15,589$11,036$7,653$5,216$3,506$2,060
32 years$14,937$10,442$7,141$4,794$3,172$1,824
33 years$14,327$9,889$6,667$4,408$2,870$1,616
34 years$13,753$9,373$6,229$4,056$2,599$1,432
35 years$13,214$8,890$5,824$3,734$2,354$1,269
36 years$12,706$8,438$5,448$3,439$2,133$1,125
37 years$12,226$8,014$5,100$3,168$1,933$997
38 years$11,773$7,616$4,775$2,920$1,752$885
39 years$11,344$7,242$4,474$2,693$1,589$785
40 years$10,937$6,890$4,194$2,484$1,441$696
41 years$10,552$6,559$3,932$2,291$1,308$618
42 years$10,185$6,246$3,689$2,115$1,187$548
43 years$9,837$5,952$3,461$1,952$1,077$486
44 years$9,505$5,673$3,249$1,803$977$432
45 years$9,189$5,410$3,051$1,665$887$383
46 years$8,888$5,161$2,865$1,538$806$340
47 years$8,600$4,925$2,692$1,421$732$302
48 years$8,325$4,702$2,530$1,313$664$268
49 years$8,062$4,490$2,378$1,213$603$238
50 years$7,811$4,289$2,235$1,121$548$211

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 $6,964 every year, while hoping to spend $43,816 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: 31/47/22 Blend
34$8,000,000$8,000,000$8,000,000$8,000,000
35$8,823,183$8,399,183$8,275,183$9,036,308
36$9,676,528$8,764,123$8,505,782$9,563,522
37$10,615,446$9,145,477$8,742,637$10,126,239
38$11,648,618$9,544,002$8,985,913$10,731,084
39$12,785,611$9,960,493$9,235,775$11,381,754
40$14,036,966$10,395,779$9,492,396$12,082,299
41$15,414,297$10,850,733$9,755,951$12,837,156
42$16,930,400$11,326,264$10,026,621$13,651,187
43$18,599,378$11,823,327$10,304,589$14,529,721
44$20,436,766$12,342,922$10,590,045$15,478,603
45$22,459,686$12,886,095$10,883,181$16,504,240
46$24,687,002$13,453,942$11,184,196$17,613,664
47$27,139,502$14,047,611$11,493,292$18,814,587
48$29,840,091$14,668,304$11,810,678$20,115,475
49$32,814,010$15,317,280$12,136,565$21,525,619
50$36,089,071$15,995,859$12,471,172$23,055,221
51$39,695,921$16,705,421$12,814,721$24,715,481
52$43,668,332$17,447,413$13,167,440$26,518,704
53$48,043,516$18,223,351$13,529,564$28,478,400
54$52,862,481$19,034,821$13,901,331$30,609,417
55$58,170,414$19,883,487$14,282,985$32,928,067
56$64,017,109$20,771,091$14,674,778$35,452,276
57$70,457,436$21,699,456$15,076,965$38,201,747
58$77,551,859$22,670,495$15,489,808$41,198,138
59$85,367,009$23,686,209$15,913,577$44,465,260
60$93,976,307$24,748,696$16,348,545$48,029,291
61$103,460,662$25,860,154$16,794,993$51,919,019
62$113,909,232$27,022,885$17,253,208$56,166,103
63$125,420,268$28,239,300$17,723,484$60,805,362
64$138,102,036$29,511,927$18,206,122$65,875,099
65$152,073,845$30,843,413$18,701,429$71,417,446
66$167,467,169$32,236,531$19,209,718$77,478,756
67$184,426,889$33,694,190$19,731,312$84,110,031
68$203,112,659$35,219,432$20,266,538$91,367,386
69$223,700,415$36,815,450$20,815,732$99,312,576
70$246,384,036$38,485,585$21,379,238$108,013,560
71$271,377,171$40,233,342$21,957,406$117,545,131
72$298,915,258$42,062,391$22,550,594$127,989,611
73$329,257,744$43,976,579$23,159,169$139,437,612
74$362,690,538$45,979,935$23,783,505$151,988,880
75$399,528,705$48,076,683$24,423,984$165,753,216
76$440,119,442$50,271,250$25,080,997$180,851,501
77$484,845,356$52,568,273$25,754,942$197,416,819
78$534,128,077$54,972,612$26,446,227$215,595,696
79$588,432,232$57,489,362$27,155,267$235,549,464
80$648,269,839$60,123,860$27,882,488$257,455,768
81$714,205,133$62,881,700$28,628,322$281,510,218
82$786,859,899$65,768,745$29,393,212$307,928,219
83$866,919,334$68,791,139$30,177,611$336,946,983
84$955,138,523$71,955,322$30,981,978$368,827,739
85$1,052,349,563$75,268,042$31,806,784$403,858,185
86$1,159,469,415$78,736,374$32,652,508$442,355,169
87$1,277,508,569$82,367,730$33,519,641$484,667,662
88$1,407,580,575$86,169,880$34,408,681$531,180,018
89$1,550,912,559$90,150,969$35,320,136$582,315,582
90$1,708,856,806$94,319,533$36,254,527$638,540,646
91$1,882,903,528$98,684,518$37,212,381$700,368,829
92$2,074,694,930$103,255,302$38,194,239$768,365,888
93$2,286,040,716$108,041,714$39,200,648$843,155,024
94$2,518,935,169$113,054,058$40,232,170$925,422,734
95$2,775,575,982$118,303,134$41,289,375$1,015,925,248
96$3,058,385,006$123,800,261$42,372,842$1,115,495,630
97$3,370,031,109$129,557,305$43,483,164$1,225,051,607
98$3,713,455,375$135,586,707$44,620,944$1,345,604,182
99$4,091,898,871$141,901,503$45,786,793$1,478,267,135
100$4,508,933,242$148,515,363$46,981,337$1,624,267,494