Can I retire at age 35 with 8,300,000?

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 $8,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$685,406$679,301$673,344$667,531$661,854$639,899
2 years$339,310$332,991$326,866$320,928$315,168$293,263
3 years$223,960$217,613$211,504$205,622$199,956$178,787
4 years$166,296$159,969$153,921$148,139$142,610$122,339
5 years$131,707$125,417$119,449$113,785$108,410$89,092
6 years$108,655$102,413$96,532$90,995$85,781$67,431
7 years$92,195$86,006$80,219$74,812$69,763$52,379
8 years$79,857$73,723$68,032$62,758$57,875$41,444
9 years$70,265$64,189$58,596$53,456$48,739$33,241
10 years$62,596$56,580$51,085$46,079$41,528$26,939
11 years$56,325$50,370$44,975$40,103$35,716$22,007
12 years$51,104$45,209$39,914$35,176$30,950$18,092
13 years$46,689$40,856$35,660$31,055$26,989$14,949
14 years$42,908$37,137$32,041$27,567$23,659$12,402
15 years$39,634$33,925$28,929$24,585$20,831$10,323
16 years$36,772$31,126$26,228$22,013$18,411$8,616
17 years$34,250$28,665$23,867$19,779$16,324$7,207
18 years$32,010$26,488$21,787$17,824$14,515$6,040
19 years$30,008$24,549$19,945$16,106$12,937$5,069
20 years$28,209$22,812$18,305$14,587$11,556$4,260
21 years$26,583$21,249$16,837$13,239$10,341$3,584
22 years$25,107$19,835$15,518$12,037$9,269$3,018
23 years$23,762$18,551$14,328$10,962$8,321$2,543
24 years$22,530$17,381$13,251$9,998$7,479$2,144
25 years$21,399$16,311$12,273$9,131$6,730$1,809
26 years$20,356$15,330$11,382$8,349$6,062$1,527
27 years$19,392$14,427$10,570$7,642$5,465$1,289
28 years$18,499$13,595$9,826$7,002$4,931$1,089
29 years$17,669$12,825$9,144$6,421$4,453$920
30 years$16,895$12,112$8,517$5,893$4,024$777
31 years$16,173$11,450$7,940$5,412$3,638$657
32 years$15,497$10,834$7,408$4,974$3,291$555
33 years$14,864$10,260$6,917$4,574$2,978$469
34 years$14,269$9,724$6,463$4,208$2,696$397
35 years$13,710$9,223$6,042$3,874$2,442$336
36 years$13,182$8,754$5,653$3,568$2,213$284
37 years$12,685$8,314$5,291$3,287$2,005$240
38 years$12,214$7,902$4,955$3,030$1,818$203
39 years$11,769$7,514$4,642$2,794$1,649$172
40 years$11,347$7,149$4,351$2,577$1,495$145
41 years$10,947$6,805$4,080$2,377$1,357$123
42 years$10,567$6,481$3,827$2,194$1,231$104
43 years$10,206$6,175$3,591$2,025$1,117$88
44 years$9,862$5,886$3,371$1,870$1,014$74
45 years$9,534$5,613$3,165$1,727$921$63
46 years$9,221$5,354$2,973$1,595$836$53
47 years$8,923$5,110$2,793$1,474$759$45
48 years$8,637$4,878$2,624$1,362$689$38
49 years$8,365$4,658$2,467$1,259$626$32
50 years$8,104$4,450$2,319$1,163$569$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,300,000, adding $4,265 every year, while hoping to spend $51,733 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: 55/36/9 Blend
34$8,300,000$8,300,000$8,300,000$8,300,000
35$9,150,999$8,711,099$8,582,449$9,634,039
36$10,029,358$9,082,900$8,814,918$10,333,004
37$10,995,575$9,471,184$9,053,440$11,087,580
38$12,058,558$9,876,707$9,298,165$11,907,895
39$13,228,120$10,300,255$9,549,242$12,800,211
40$14,515,074$10,742,653$9,806,828$13,771,407
41$15,931,336$11,204,767$10,071,081$14,829,046
42$17,490,031$11,687,499$10,342,161$15,981,440
43$19,205,624$12,191,797$10,620,233$17,237,729
44$21,094,054$12,718,651$10,905,467$18,607,964
45$23,172,881$13,269,099$11,198,034$20,103,196
46$25,461,457$13,844,226$11,498,110$21,735,580
47$27,981,102$14,445,171$11,805,874$23,518,487
48$30,755,314$15,073,123$12,121,510$25,466,622
49$33,809,978$15,729,329$12,445,203$27,596,165
50$37,173,624$16,415,094$12,777,146$29,924,918
51$40,877,686$17,131,785$13,117,531$32,472,467
52$44,956,800$17,880,833$13,466,559$35,260,366
53$49,449,136$18,663,737$13,824,432$38,312,332
54$54,396,753$19,482,065$14,191,355$41,654,471
55$59,845,997$20,337,461$14,567,540$45,315,513
56$65,847,938$21,231,646$14,953,202$49,327,082
57$72,458,853$22,166,422$15,348,560$53,723,988
58$79,740,756$23,143,676$15,753,836$58,544,551
59$87,761,982$24,165,385$16,169,259$63,830,959
60$96,597,835$25,233,620$16,595,060$69,629,655
61$106,331,295$26,350,549$17,031,476$75,991,775
62$117,053,803$27,518,442$17,478,746$82,973,623
63$128,866,124$28,739,678$17,937,117$90,637,191
64$141,879,296$30,016,749$18,406,837$99,050,746
65$156,215,679$31,352,265$18,888,161$108,289,460
66$172,010,111$32,748,959$19,381,348$118,436,113
67$189,411,179$34,209,694$19,886,659$129,581,872
68$208,582,621$35,737,471$20,404,364$141,827,135
69$229,704,872$37,335,431$20,934,734$155,282,476
70$252,976,768$39,006,866$21,478,047$170,069,680
71$278,617,420$40,755,224$22,034,583$186,322,877
72$306,868,285$42,584,118$22,604,630$204,189,807
73$337,995,442$44,497,333$23,188,478$223,833,197
74$372,292,108$46,498,832$23,786,422$245,432,289
75$410,081,399$48,592,771$24,398,763$269,184,522
76$451,719,385$50,783,501$25,025,805$295,307,384
77$497,598,452$53,075,581$25,667,859$324,040,448
78$548,150,999$55,473,790$26,325,237$355,647,627
79$603,853,527$57,983,132$26,998,259$390,419,648
80$665,231,134$60,608,853$27,687,248$428,676,784
81$732,862,470$63,356,447$28,392,531$470,771,861
82$807,385,202$66,231,672$29,114,441$517,093,575
83$889,502,031$69,240,563$29,853,313$568,070,143
84$979,987,329$72,389,441$30,609,489$624,173,331
85$1,079,694,443$75,684,930$31,383,314$685,922,889
86$1,189,563,758$79,133,974$32,175,137$753,891,437
87$1,310,631,568$82,743,846$32,985,311$828,709,855
88$1,444,039,863$86,522,169$33,814,194$911,073,214
89$1,591,047,106$90,476,932$34,662,146$1,001,747,321
90$1,753,040,116$94,616,506$35,529,533$1,101,575,921
91$1,931,547,158$98,949,665$36,416,722$1,211,488,646
92$2,128,252,372$103,485,603$37,324,087$1,332,509,759
93$2,345,011,671$108,233,955$38,252,001$1,465,767,804
94$2,583,870,262$113,204,819$39,200,844$1,612,506,229
95$2,847,081,953$118,408,779$40,170,996$1,774,095,101
96$3,137,130,428$123,856,926$41,162,841$1,952,044,006
97$3,456,752,702$129,560,885$42,176,765$2,148,016,275
98$3,808,964,948$135,532,839$43,213,158$2,363,844,649
99$4,197,090,983$141,785,558$44,272,409$2,601,548,552
100$4,624,793,639$148,332,427$45,354,910$2,863,353,119