Can I retire at age 35 with 8,200,000?

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 $8,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$677,148$671,117$665,232$659,488$653,880$637,296
2 years$335,222$328,979$322,928$317,062$311,371$294,772
3 years$221,261$214,991$208,956$203,144$197,547$181,450
4 years$164,292$158,041$152,066$146,354$140,892$125,422
5 years$130,120$123,906$118,010$112,414$107,104$92,303
6 years$107,345$101,179$95,369$89,898$84,748$70,631
7 years$91,085$84,970$79,252$73,910$68,922$55,491
8 years$78,894$72,835$67,212$62,002$57,178$44,426
9 years$69,418$63,416$57,890$52,812$48,152$36,069
10 years$61,842$55,898$50,470$45,524$41,028$29,598
11 years$55,647$49,763$44,433$39,620$35,285$24,493
12 years$50,488$44,664$39,433$34,752$30,578$20,404
13 years$46,126$40,363$35,231$30,681$26,664$17,088
14 years$42,391$36,689$31,655$27,235$23,374$14,374
15 years$39,156$33,516$28,580$24,289$20,580$12,135
16 years$36,329$30,751$25,912$21,748$18,189$10,275
17 years$33,837$28,320$23,579$19,540$16,127$8,721
18 years$31,624$26,169$21,525$17,610$14,340$7,418
19 years$29,647$24,253$19,705$15,912$12,781$6,320
20 years$27,869$22,537$18,084$14,411$11,416$5,393
21 years$26,263$20,993$16,634$13,079$10,216$4,608
22 years$24,805$19,596$15,331$11,892$9,158$3,941
23 years$23,475$18,328$14,155$10,830$8,220$3,373
24 years$22,259$17,172$13,091$9,878$7,389$2,890
25 years$21,141$16,115$12,125$9,021$6,649$2,477
26 years$20,111$15,145$11,245$8,248$5,989$2,125
27 years$19,159$14,254$10,442$7,550$5,400$1,823
28 years$18,276$13,431$9,707$6,917$4,872$1,565
29 years$17,456$12,671$9,034$6,343$4,399$1,344
30 years$16,692$11,966$8,414$5,822$3,975$1,155
31 years$15,978$11,312$7,845$5,347$3,594$992
32 years$15,311$10,703$7,319$4,914$3,251$853
33 years$14,685$10,136$6,834$4,519$2,942$733
34 years$14,097$9,607$6,385$4,157$2,664$630
35 years$13,544$9,112$5,970$3,827$2,413$542
36 years$13,023$8,649$5,585$3,525$2,186$466
37 years$12,532$8,214$5,227$3,248$1,981$401
38 years$12,067$7,806$4,895$2,993$1,796$345
39 years$11,627$7,423$4,586$2,760$1,629$297
40 years$11,211$7,062$4,298$2,546$1,477$255
41 years$10,815$6,723$4,031$2,349$1,340$219
42 years$10,440$6,403$3,781$2,168$1,216$189
43 years$10,083$6,100$3,548$2,001$1,104$162
44 years$9,743$5,815$3,330$1,848$1,002$140
45 years$9,419$5,545$3,127$1,706$910$120
46 years$9,110$5,290$2,937$1,576$826$103
47 years$8,815$5,048$2,759$1,456$750$89
48 years$8,533$4,819$2,593$1,346$681$77
49 years$8,264$4,602$2,437$1,244$619$66
50 years$8,006$4,396$2,291$1,149$562$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,200,000, adding $2,051 every year, while hoping to spend $22,670 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: 80/12/8 Blend
34$8,200,000$8,200,000$8,200,000$8,200,000
35$9,038,516$8,603,916$8,476,816$9,752,089
36$9,936,323$9,001,387$8,736,668$10,617,480
37$10,924,948$9,417,574$9,004,466$11,563,651
38$12,013,628$9,853,371$9,280,451$12,601,179
39$13,212,546$10,309,714$9,564,874$13,739,178
40$14,532,919$10,787,583$9,857,991$14,987,683
41$15,987,110$11,288,008$10,160,067$16,357,744
42$17,588,741$11,812,066$10,471,375$17,861,530
43$19,352,824$12,360,888$10,792,197$19,512,439
44$21,295,899$12,935,659$11,122,822$21,325,227
45$23,436,193$13,537,619$11,463,550$23,316,145
46$25,793,794$14,168,071$11,814,687$25,503,089
47$28,390,833$14,828,379$12,176,552$27,905,771
48$31,251,702$15,519,973$12,549,470$30,545,900
49$34,403,277$16,244,354$12,933,779$33,447,388
50$37,875,175$17,003,091$13,329,825$36,636,571
51$41,700,035$17,797,834$13,737,965$40,142,460
52$45,913,820$18,630,309$14,158,569$43,997,009
53$50,556,163$19,502,328$14,592,014$48,235,419
54$55,670,738$20,415,788$15,038,693$52,896,462
55$61,305,671$21,372,681$15,499,008$58,022,851
56$67,513,999$22,375,091$15,973,373$63,661,640
57$74,354,162$23,425,206$16,462,217$69,864,662
58$81,890,566$24,525,320$16,965,980$76,689,020
59$90,194,179$25,677,836$17,485,116$84,197,621
60$99,343,210$26,885,274$18,020,092$92,459,771
61$109,423,843$28,150,278$18,571,390$101,551,821
62$120,531,050$29,475,618$19,139,507$111,557,890
63$132,769,491$30,864,197$19,724,955$122,570,652
64$146,254,498$32,319,061$20,328,259$134,692,211
65$161,113,164$33,843,402$20,949,964$148,035,062
66$177,485,547$35,440,569$21,590,627$162,723,144
67$195,525,986$37,114,071$22,250,827$178,893,015
68$215,404,563$38,867,586$22,931,156$196,695,130
69$237,308,705$40,704,975$23,632,226$216,295,261
70$261,444,955$42,630,281$24,354,668$237,876,059
71$288,040,922$44,647,745$25,099,130$261,638,770
72$317,347,427$46,761,816$25,866,283$287,805,135
73$349,640,875$48,977,156$26,656,814$316,619,477
74$385,225,862$51,298,654$27,471,435$348,351,000
75$424,438,048$53,731,436$28,310,876$383,296,329
76$467,647,330$56,280,878$29,175,891$421,782,305
77$515,261,332$58,952,615$30,067,258$464,169,062
78$567,729,252$61,752,558$30,985,776$510,853,425
79$625,546,105$64,686,902$31,932,268$562,272,646
80$689,257,394$67,762,147$32,907,585$618,908,529
81$759,464,260$70,985,104$33,912,601$681,291,971
82$836,829,159$74,362,918$34,948,218$750,007,967
83$922,082,113$77,903,081$36,015,363$825,701,124
84$1,016,027,605$81,613,448$37,114,994$909,081,742
85$1,119,552,169$85,502,256$38,248,095$1,000,932,509
86$1,233,632,767$89,578,143$39,415,682$1,102,115,886
87$1,359,346,003$93,850,165$40,618,801$1,213,582,234
88$1,497,878,294$98,327,822$41,858,530$1,336,378,783
89$1,650,537,067$103,021,073$43,135,978$1,471,659,507
90$1,818,763,103$107,940,361$44,452,289$1,620,696,007
91$2,004,144,140$113,096,639$45,808,640$1,784,889,510
92$2,208,429,859$118,501,391$47,206,247$1,965,784,082
93$2,433,548,407$124,166,661$48,646,358$2,165,081,195
94$2,681,624,595$130,105,078$50,130,262$2,384,655,781
95$2,954,999,964$136,329,887$51,659,286$2,626,573,919
96$3,256,254,885$142,854,976$53,234,796$2,893,112,325
97$3,588,232,922$149,694,909$54,858,201$3,186,779,838
98$3,954,067,681$156,864,960$56,530,951$3,510,341,084
99$4,357,212,388$164,381,146$58,254,541$3,866,842,570
100$4,801,472,493$172,260,264$60,030,510$4,259,641,423