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%19.7%
1 years$660,633$654,748$649,007$643,403$637,931$613,105
2 years$327,046$320,955$315,052$309,328$303,777$279,065
3 years$215,865$209,748$203,859$198,190$192,728$168,908
4 years$160,285$154,187$148,357$142,785$137,456$114,709
5 years$126,946$120,884$115,131$109,672$104,492$82,876
6 years$104,727$98,711$93,043$87,706$82,681$62,211
7 years$88,863$82,897$77,319$72,108$67,241$47,911
8 years$76,970$71,058$65,573$60,489$55,783$37,573
9 years$67,725$61,869$56,478$51,524$46,978$29,861
10 years$60,333$54,535$49,239$44,414$40,027$23,971
11 years$54,289$48,549$43,349$38,653$34,425$19,392
12 years$49,256$43,575$38,471$33,904$29,832$15,784
13 years$45,001$39,379$34,371$29,932$26,014$12,908
14 years$41,357$35,794$30,883$26,571$22,804$10,598
15 years$38,201$32,699$27,883$23,696$20,078$8,727
16 years$35,443$30,001$25,280$21,217$17,745$7,205
17 years$33,012$27,629$23,004$19,064$15,734$5,961
18 years$30,853$25,531$21,000$17,180$13,990$4,940
19 years$28,924$23,662$19,224$15,524$12,470$4,099
20 years$27,189$21,988$17,643$14,060$11,138$3,406
21 years$25,622$20,481$16,228$12,760$9,967$2,832
22 years$24,200$19,118$14,957$11,602$8,934$2,357
23 years$22,903$17,881$13,810$10,566$8,020$1,963
24 years$21,716$16,753$12,772$9,637$7,208$1,635
25 years$20,625$15,722$11,829$8,801$6,487$1,363
26 years$19,620$14,776$10,971$8,047$5,843$1,137
27 years$18,691$13,906$10,188$7,366$5,268$948
28 years$17,830$13,103$9,471$6,749$4,753$791
29 years$17,030$12,362$8,813$6,189$4,292$660
30 years$16,285$11,674$8,209$5,680$3,878$551
31 years$15,589$11,036$7,653$5,216$3,506$460
32 years$14,937$10,442$7,141$4,794$3,172$384
33 years$14,327$9,889$6,667$4,408$2,870$321
34 years$13,753$9,373$6,229$4,056$2,599$268
35 years$13,214$8,890$5,824$3,734$2,354$224
36 years$12,706$8,438$5,448$3,439$2,133$187
37 years$12,226$8,014$5,100$3,168$1,933$156
38 years$11,773$7,616$4,775$2,920$1,752$130
39 years$11,344$7,242$4,474$2,693$1,589$109
40 years$10,937$6,890$4,194$2,484$1,441$91
41 years$10,552$6,559$3,932$2,291$1,308$76
42 years$10,185$6,246$3,689$2,115$1,187$63
43 years$9,837$5,952$3,461$1,952$1,077$53
44 years$9,505$5,673$3,249$1,803$977$44
45 years$9,189$5,410$3,051$1,665$887$37
46 years$8,888$5,161$2,865$1,538$806$31
47 years$8,600$4,925$2,692$1,421$732$26
48 years$8,325$4,702$2,530$1,313$664$22
49 years$8,062$4,490$2,378$1,213$603$18
50 years$7,811$4,289$2,235$1,121$548$15

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 $2,838 every year, while hoping to spend $24,044 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: 48/39/13 Blend
34$8,000,000$8,000,000$8,000,000$8,000,000
35$8,818,927$8,394,927$8,270,927$9,210,337
36$9,692,875$8,780,696$8,522,421$9,866,297
37$10,655,160$9,184,562$8,781,533$10,575,404
38$11,714,767$9,607,386$9,048,495$11,344,803
39$12,881,596$10,050,070$9,323,543$12,180,131
40$14,166,557$10,513,562$9,606,920$13,087,581
41$15,581,672$10,998,853$9,898,878$14,073,949
42$17,140,188$11,506,982$10,199,675$15,146,704
43$18,856,701$12,039,038$10,509,579$16,314,048
44$20,747,298$12,596,165$10,828,863$17,584,994
45$22,829,703$13,179,557$11,157,810$18,969,445
46$25,123,448$13,790,470$11,496,712$20,478,285
47$27,650,055$14,430,220$11,845,868$22,123,478
48$30,433,244$15,100,183$12,205,587$23,918,174
49$33,499,148$15,801,806$12,576,188$25,876,833
50$36,876,569$16,536,602$12,957,998$28,015,351
51$40,597,242$17,306,159$13,351,354$30,351,211
52$44,696,141$18,112,141$13,756,605$32,903,641
53$49,211,805$18,956,292$14,174,108$35,693,786
54$54,186,700$19,840,442$14,604,232$38,744,910
55$59,667,626$20,766,507$15,047,357$42,082,601
56$65,706,155$21,736,496$15,503,873$45,735,014
57$72,359,114$22,752,516$15,974,185$49,733,124
58$79,689,130$23,816,776$16,458,707$54,111,019
59$87,765,214$24,931,590$16,957,865$58,906,205
60$96,663,413$26,099,385$17,472,101$64,159,963
61$106,467,532$27,322,706$18,001,867$69,917,722
62$117,269,921$28,604,220$18,547,631$76,229,487
63$129,172,350$29,946,723$19,109,873$83,150,297
64$142,286,964$31,353,147$19,689,088$90,740,741
65$156,737,349$32,826,565$20,285,787$99,067,515
66$172,659,691$34,370,200$20,900,494$108,204,047
67$190,204,070$35,987,430$21,533,751$118,231,175
68$209,535,867$37,681,796$22,186,114$129,237,906
69$230,837,334$39,457,012$22,858,157$141,322,238
70$254,309,308$41,316,972$23,550,471$154,592,080
71$280,173,109$43,265,756$24,263,664$169,166,252
72$308,672,633$45,307,644$24,998,363$185,175,600
73$340,076,647$47,447,124$25,755,213$202,764,215
74$374,681,331$49,688,900$26,534,880$222,090,777
75$412,813,075$52,037,903$27,338,046$243,330,045
76$454,831,555$54,499,307$28,165,417$266,674,482
77$501,133,134$57,078,534$29,017,719$292,336,065
78$552,154,600$59,781,268$29,895,699$320,548,265
79$608,377,291$62,613,472$30,800,126$351,568,231
80$670,331,639$65,581,396$31,731,794$385,679,206
81$738,602,175$68,691,594$32,691,519$423,193,174
82$813,833,053$71,950,938$33,680,140$464,453,791
83$896,734,124$75,366,633$34,698,525$509,839,605
84$988,087,642$78,946,236$35,747,563$559,767,608
85$1,088,755,649$82,697,668$36,828,173$614,697,149
86$1,199,688,108$86,629,238$37,941,301$675,134,248
87$1,321,931,879$90,749,654$39,087,918$741,636,346
88$1,456,640,596$95,068,052$40,269,029$814,817,541
89$1,605,085,559$99,594,009$41,485,663$895,354,356
90$1,768,667,739$104,337,568$42,738,886$983,992,102
91$1,948,930,999$109,309,260$44,029,790$1,081,551,876
92$2,147,576,676$114,520,129$45,359,502$1,188,938,287
93$2,366,479,635$119,981,753$46,729,183$1,307,147,956
94$2,607,705,975$125,706,276$48,140,028$1,437,278,896
95$2,873,532,532$131,706,432$49,593,267$1,580,540,838
96$3,166,468,376$137,995,572$51,090,167$1,738,266,612
97$3,489,278,495$144,587,700$52,632,032$1,911,924,690
98$3,845,009,901$151,497,497$54,220,205$2,103,133,009
99$4,237,020,399$158,740,362$55,856,070$2,313,674,196
100$4,669,010,281$166,332,442$57,541,050$2,545,512,357