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%17.3%
1 years$660,633$654,748$649,007$643,403$637,931$618,999
2 years$327,046$320,955$315,052$309,328$303,777$284,859
3 years$215,865$209,748$203,859$198,190$192,728$174,418
4 years$160,285$154,187$148,357$142,785$137,456$119,894
5 years$126,946$120,884$115,131$109,672$104,492$87,726
6 years$104,727$98,711$93,043$87,706$82,681$66,726
7 years$88,863$82,897$77,319$72,108$67,241$52,097
8 years$76,970$71,058$65,573$60,489$55,783$41,440
9 years$67,725$61,869$56,478$51,524$46,978$33,421
10 years$60,333$54,535$49,239$44,414$40,027$27,238
11 years$54,289$48,549$43,349$38,653$34,425$22,381
12 years$49,256$43,575$38,471$33,904$29,832$18,510
13 years$45,001$39,379$34,371$29,932$26,014$15,388
14 years$41,357$35,794$30,883$26,571$22,804$12,846
15 years$38,201$32,699$27,883$23,696$20,078$10,761
16 years$35,443$30,001$25,280$21,217$17,745$9,040
17 years$33,012$27,629$23,004$19,064$15,734$7,612
18 years$30,853$25,531$21,000$17,180$13,990$6,422
19 years$28,924$23,662$19,224$15,524$12,470$5,427
20 years$27,189$21,988$17,643$14,060$11,138$4,592
21 years$25,622$20,481$16,228$12,760$9,967$3,890
22 years$24,200$19,118$14,957$11,602$8,934$3,299
23 years$22,903$17,881$13,810$10,566$8,020$2,800
24 years$21,716$16,753$12,772$9,637$7,208$2,377
25 years$20,625$15,722$11,829$8,801$6,487$2,020
26 years$19,620$14,776$10,971$8,047$5,843$1,718
27 years$18,691$13,906$10,188$7,366$5,268$1,461
28 years$17,830$13,103$9,471$6,749$4,753$1,243
29 years$17,030$12,362$8,813$6,189$4,292$1,058
30 years$16,285$11,674$8,209$5,680$3,878$900
31 years$15,589$11,036$7,653$5,216$3,506$767
32 years$14,937$10,442$7,141$4,794$3,172$653
33 years$14,327$9,889$6,667$4,408$2,870$556
34 years$13,753$9,373$6,229$4,056$2,599$474
35 years$13,214$8,890$5,824$3,734$2,354$404
36 years$12,706$8,438$5,448$3,439$2,133$344
37 years$12,226$8,014$5,100$3,168$1,933$293
38 years$11,773$7,616$4,775$2,920$1,752$250
39 years$11,344$7,242$4,474$2,693$1,589$213
40 years$10,937$6,890$4,194$2,484$1,441$181
41 years$10,552$6,559$3,932$2,291$1,308$155
42 years$10,185$6,246$3,689$2,115$1,187$132
43 years$9,837$5,952$3,461$1,952$1,077$112
44 years$9,505$5,673$3,249$1,803$977$96
45 years$9,189$5,410$3,051$1,665$887$82
46 years$8,888$5,161$2,865$1,538$806$70
47 years$8,600$4,925$2,692$1,421$732$59
48 years$8,325$4,702$2,530$1,313$664$51
49 years$8,062$4,490$2,378$1,213$603$43
50 years$7,811$4,289$2,235$1,121$548$37

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 $3,056 every year, while hoping to spend $53,426 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: 66/19/15 Blend
34$8,000,000$8,000,000$8,000,000$8,000,000
35$8,819,152$8,395,152$8,271,152$9,369,562
36$9,661,861$8,749,670$8,491,391$10,092,181
37$10,588,735$9,119,768$8,717,217$10,875,234
38$11,608,304$9,506,154$8,948,761$11,729,844
39$12,729,963$9,909,568$9,186,157$12,663,011
40$13,964,066$10,330,784$9,429,541$13,682,443
41$15,322,021$10,770,613$9,679,050$14,796,618
42$16,816,396$11,229,902$9,934,827$16,014,871
43$18,461,041$11,709,539$10,197,016$17,347,472
44$20,271,215$12,210,454$10,465,764$18,805,729
45$22,263,731$12,733,619$10,741,219$20,402,088
46$24,457,117$13,280,051$11,023,536$22,150,251
47$26,871,787$13,850,818$11,312,868$24,065,301
48$29,530,234$14,447,033$11,609,374$26,163,846
49$32,457,245$15,069,865$11,913,215$28,464,171
50$35,680,131$15,720,535$12,224,555$30,986,410
51$39,228,988$16,400,325$12,543,561$33,752,733
52$43,136,977$17,110,572$12,870,402$36,787,552
53$47,440,639$17,852,681$13,205,251$40,117,752
54$52,180,241$18,628,119$13,548,284$43,772,938
55$57,400,153$19,438,425$13,899,679$47,785,717
56$63,149,269$20,285,208$14,259,618$52,191,999
57$69,481,464$21,170,153$14,628,286$57,031,335
58$76,456,110$22,095,026$15,005,869$62,347,285
59$84,138,626$23,061,676$15,392,559$68,187,832
60$92,601,105$24,072,037$15,788,549$74,605,824
61$101,922,987$25,128,136$16,194,035$81,659,475
62$112,191,813$26,232,097$16,609,217$89,412,909
63$123,504,049$27,386,140$17,034,296$97,936,762
64$135,965,997$28,592,596$17,469,480$107,308,846
65$149,694,795$29,853,900$17,914,974$117,614,878
66$164,819,530$31,172,606$18,370,991$128,949,285
67$181,482,447$32,551,389$18,837,745$141,416,092
68$199,840,299$33,993,049$19,315,451$155,129,901
69$220,065,821$35,500,520$19,804,330$170,216,964
70$242,349,362$37,076,874$20,304,603$186,816,375
71$266,900,686$38,725,329$20,816,496$205,081,373
72$293,950,942$40,449,256$21,340,235$225,180,787
73$323,754,856$42,252,188$21,876,050$247,300,623
74$356,593,128$44,137,821$22,424,175$271,645,814
75$392,775,085$46,110,032$22,984,842$298,442,149
76$432,641,599$48,172,880$23,558,290$327,938,397
77$476,568,307$50,330,615$24,144,758$360,408,651
78$524,969,152$52,587,694$24,744,485$396,154,907
79$578,300,297$54,948,782$25,357,717$435,509,908
80$637,064,424$57,418,769$25,984,696$478,840,277
81$701,815,482$60,002,776$26,625,671$526,549,975
82$773,163,919$62,706,169$27,280,889$579,084,099
83$851,782,439$65,534,572$27,950,599$636,933,081
84$938,412,356$68,493,874$28,635,052$700,637,306
85$1,033,870,590$71,590,247$29,334,500$770,792,206
86$1,139,057,379$74,830,158$30,049,194$848,053,872
87$1,254,964,778$78,220,383$30,779,389$933,145,235
88$1,382,686,024$81,768,020$31,525,337$1,026,862,883
89$1,523,425,854$85,480,508$32,287,291$1,130,084,568
90$1,678,511,881$89,365,643$33,065,506$1,243,777,483
91$1,849,407,126$93,431,593$33,860,233$1,369,007,379
92$2,037,723,827$97,686,915$34,671,725$1,506,948,617
93$2,245,238,662$102,140,579$35,500,233$1,658,895,237
94$2,473,909,522$106,801,984$36,346,007$1,826,273,164
95$2,725,893,989$111,680,977$37,209,294$2,010,653,653
96$3,003,569,712$116,787,880$38,090,341$2,213,768,112
97$3,309,556,846$122,133,510$38,989,391$2,437,524,427
98$3,646,742,793$127,729,201$39,906,685$2,684,024,960
99$4,018,309,458$133,586,831$40,842,458$2,955,586,380
100$4,427,763,288$139,718,851$41,796,946$3,254,761,514