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%19.6%
1 years$685,406$679,301$673,344$667,531$661,854$636,348
2 years$339,310$332,991$326,866$320,928$315,168$289,776
3 years$223,960$217,613$211,504$205,622$199,956$175,476
4 years$166,296$159,969$153,921$148,139$142,610$119,229
5 years$131,707$125,417$119,449$113,785$108,410$86,188
6 years$108,655$102,413$96,532$90,995$85,781$64,733
7 years$92,195$86,006$80,219$74,812$69,763$49,882
8 years$79,857$73,723$68,032$62,758$57,875$39,142
9 years$70,265$64,189$58,596$53,456$48,739$31,126
10 years$62,596$56,580$51,085$46,079$41,528$25,003
11 years$56,325$50,370$44,975$40,103$35,716$20,240
12 years$51,104$45,209$39,914$35,176$30,950$16,485
13 years$46,689$40,856$35,660$31,055$26,989$13,491
14 years$42,908$37,137$32,041$27,567$23,659$11,084
15 years$39,634$33,925$28,929$24,585$20,831$9,134
16 years$36,772$31,126$26,228$22,013$18,411$7,547
17 years$34,250$28,665$23,867$19,779$16,324$6,248
18 years$32,010$26,488$21,787$17,824$14,515$5,182
19 years$30,008$24,549$19,945$16,106$12,937$4,303
20 years$28,209$22,812$18,305$14,587$11,556$3,578
21 years$26,583$21,249$16,837$13,239$10,341$2,977
22 years$25,107$19,835$15,518$12,037$9,269$2,480
23 years$23,762$18,551$14,328$10,962$8,321$2,067
24 years$22,530$17,381$13,251$9,998$7,479$1,723
25 years$21,399$16,311$12,273$9,131$6,730$1,438
26 years$20,356$15,330$11,382$8,349$6,062$1,200
27 years$19,392$14,427$10,570$7,642$5,465$1,002
28 years$18,499$13,595$9,826$7,002$4,931$836
29 years$17,669$12,825$9,144$6,421$4,453$699
30 years$16,895$12,112$8,517$5,893$4,024$584
31 years$16,173$11,450$7,940$5,412$3,638$488
32 years$15,497$10,834$7,408$4,974$3,291$407
33 years$14,864$10,260$6,917$4,574$2,978$340
34 years$14,269$9,724$6,463$4,208$2,696$284
35 years$13,710$9,223$6,042$3,874$2,442$238
36 years$13,182$8,754$5,653$3,568$2,213$199
37 years$12,685$8,314$5,291$3,287$2,005$166
38 years$12,214$7,902$4,955$3,030$1,818$139
39 years$11,769$7,514$4,642$2,794$1,649$116
40 years$11,347$7,149$4,351$2,577$1,495$97
41 years$10,947$6,805$4,080$2,377$1,357$81
42 years$10,567$6,481$3,827$2,194$1,231$68
43 years$10,206$6,175$3,591$2,025$1,117$57
44 years$9,862$5,886$3,371$1,870$1,014$47
45 years$9,534$5,613$3,165$1,727$921$40
46 years$9,221$5,354$2,973$1,595$836$33
47 years$8,923$5,110$2,793$1,474$759$28
48 years$8,637$4,878$2,624$1,362$689$23
49 years$8,365$4,658$2,467$1,259$626$19
50 years$8,104$4,450$2,319$1,163$569$16

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 $4,860 every year, while hoping to spend $22,786 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: 55/21/24 Blend
34$8,300,000$8,300,000$8,300,000$8,300,000
35$9,151,613$8,711,713$8,583,063$9,594,466
36$10,060,833$9,114,343$8,846,352$10,301,723
37$11,062,031$9,535,938$9,117,697$11,068,783
38$12,164,562$9,977,403$9,397,344$11,903,700
39$13,378,739$10,439,688$9,685,547$12,812,996
40$14,715,925$10,923,786$9,982,566$13,803,841
41$16,188,638$11,430,741$10,288,671$14,884,121
42$17,810,677$11,961,645$10,604,139$16,062,506
43$19,597,243$12,517,643$10,929,255$17,348,535
44$21,565,090$13,099,936$11,264,314$18,752,699
45$23,732,680$13,709,783$11,609,618$20,286,540
46$26,120,353$14,348,502$11,965,481$21,962,756
47$28,750,528$15,017,478$12,332,224$23,795,318
48$31,647,907$15,718,159$12,710,178$25,799,600
49$34,839,710$16,452,066$13,099,685$27,992,520
50$38,355,934$17,220,791$13,501,099$30,392,698
51$42,229,634$18,026,004$13,914,780$33,020,625
52$46,497,236$18,869,457$14,341,104$35,898,859
53$51,198,878$19,752,985$14,780,456$39,052,227
54$56,378,795$20,678,512$15,233,232$42,508,061
55$62,085,728$21,648,055$15,699,841$46,296,451
56$68,373,391$22,663,729$16,180,705$50,450,522
57$75,300,976$23,727,751$16,676,257$55,006,748
58$82,933,710$24,842,445$17,186,946$60,005,284
59$91,343,472$26,010,248$17,713,233$65,490,349
60$100,609,471$27,233,715$18,255,591$71,510,631
61$110,818,995$28,515,525$18,814,511$78,119,747
62$122,068,231$29,858,485$19,390,496$85,376,741
63$134,463,179$31,265,539$19,984,066$93,346,635
64$148,120,648$32,739,775$20,595,757$102,101,041
65$163,169,358$34,284,428$21,226,119$111,718,827
66$179,751,160$35,902,892$21,875,721$122,286,856
67$198,022,369$37,598,725$22,545,149$133,900,799
68$218,155,244$39,375,656$23,235,004$146,666,035
69$240,339,612$41,237,596$23,945,910$160,698,634
70$264,784,660$43,188,646$24,678,506$176,126,446
71$291,720,911$45,233,105$25,433,451$193,090,301
72$321,402,399$47,375,482$26,211,427$211,745,332
73$354,109,066$49,620,502$27,013,131$232,262,427
74$390,149,406$51,973,123$27,839,287$254,829,835
75$429,863,380$54,438,540$28,690,638$279,654,935
76$473,625,620$57,022,203$29,567,949$306,966,182
77$521,848,967$59,729,825$30,472,009$337,015,255
78$574,988,372$62,567,397$31,403,632$370,079,419
79$633,545,187$65,541,201$32,363,654$406,464,137
80$698,071,899$68,657,822$33,352,940$446,505,936
81$769,177,346$71,924,169$34,372,377$490,575,575
82$847,532,465$75,347,484$35,422,882$539,081,531
83$933,876,627$78,935,360$36,505,398$592,473,845
84$1,029,024,612$82,695,762$37,620,898$651,248,350
85$1,133,874,307$86,637,039$38,770,383$715,951,344
86$1,249,415,180$90,767,948$39,954,885$787,184,730
87$1,376,737,622$95,097,671$41,175,467$865,611,678
88$1,517,043,239$99,635,837$42,433,225$951,962,875
89$1,671,656,198$104,392,541$43,729,286$1,047,043,404
90$1,842,035,727$109,378,373$45,064,814$1,151,740,324
91$2,029,789,892$114,604,433$46,441,006$1,267,031,026
92$2,236,690,777$120,082,367$47,859,096$1,393,992,442
93$2,464,691,215$125,824,382$49,320,354$1,533,811,190
94$2,715,943,224$131,843,282$50,826,092$1,687,794,752
95$2,992,818,324$138,152,493$52,377,656$1,857,383,800
96$3,297,929,924$144,766,096$53,976,438$2,044,165,767
97$3,634,157,997$151,698,855$55,623,870$2,249,889,814
98$4,004,676,269$158,966,256$57,321,426$2,476,483,313
99$4,412,982,180$166,584,534$59,070,626$2,726,070,017
100$4,862,929,906$174,570,720$60,873,036$3,000,990,082