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%13.5%
1 years$685,406$679,301$673,344$667,531$661,854$652,232
2 years$339,310$332,991$326,866$320,928$315,168$305,495
3 years$223,960$217,613$211,504$205,622$199,956$190,532
4 years$166,296$159,969$153,921$148,139$142,610$133,508
5 years$131,707$125,417$119,449$113,785$108,410$99,655
6 years$108,655$102,413$96,532$90,995$85,781$77,385
7 years$92,195$86,006$80,219$74,812$69,763$61,728
8 years$79,857$73,723$68,032$62,758$57,875$50,200
9 years$70,265$64,189$58,596$53,456$48,739$41,420
10 years$62,596$56,580$51,085$46,079$41,528$34,560
11 years$56,325$50,370$44,975$40,103$35,716$29,091
12 years$51,104$45,209$39,914$35,176$30,950$24,662
13 years$46,689$40,856$35,660$31,055$26,989$21,028
14 years$42,908$37,137$32,041$27,567$23,659$18,015
15 years$39,634$33,925$28,929$24,585$20,831$15,495
16 years$36,772$31,126$26,228$22,013$18,411$13,372
17 years$34,250$28,665$23,867$19,779$16,324$11,573
18 years$32,010$26,488$21,787$17,824$14,515$10,039
19 years$30,008$24,549$19,945$16,106$12,937$8,727
20 years$28,209$22,812$18,305$14,587$11,556$7,599
21 years$26,583$21,249$16,837$13,239$10,341$6,627
22 years$25,107$19,835$15,518$12,037$9,269$5,787
23 years$23,762$18,551$14,328$10,962$8,321$5,059
24 years$22,530$17,381$13,251$9,998$7,479$4,427
25 years$21,399$16,311$12,273$9,131$6,730$3,878
26 years$20,356$15,330$11,382$8,349$6,062$3,399
27 years$19,392$14,427$10,570$7,642$5,465$2,981
28 years$18,499$13,595$9,826$7,002$4,931$2,616
29 years$17,669$12,825$9,144$6,421$4,453$2,296
30 years$16,895$12,112$8,517$5,893$4,024$2,017
31 years$16,173$11,450$7,940$5,412$3,638$1,772
32 years$15,497$10,834$7,408$4,974$3,291$1,558
33 years$14,864$10,260$6,917$4,574$2,978$1,370
34 years$14,269$9,724$6,463$4,208$2,696$1,204
35 years$13,710$9,223$6,042$3,874$2,442$1,059
36 years$13,182$8,754$5,653$3,568$2,213$932
37 years$12,685$8,314$5,291$3,287$2,005$820
38 years$12,214$7,902$4,955$3,030$1,818$722
39 years$11,769$7,514$4,642$2,794$1,649$635
40 years$11,347$7,149$4,351$2,577$1,495$559
41 years$10,947$6,805$4,080$2,377$1,357$492
42 years$10,567$6,481$3,827$2,194$1,231$434
43 years$10,206$6,175$3,591$2,025$1,117$382
44 years$9,862$5,886$3,371$1,870$1,014$336
45 years$9,534$5,613$3,165$1,727$921$296
46 years$9,221$5,354$2,973$1,595$836$261
47 years$8,923$5,110$2,793$1,474$759$230
48 years$8,637$4,878$2,624$1,362$689$202
49 years$8,365$4,658$2,467$1,259$626$178
50 years$8,104$4,450$2,319$1,163$569$157

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 $2,400 every year, while hoping to spend $53,013 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: 65/27/8 Blend
34$8,300,000$8,300,000$8,300,000$8,300,000
35$9,149,076$8,709,176$8,580,526$9,729,417
36$10,025,876$9,079,520$8,811,568$10,486,305
37$10,990,333$9,466,234$9,048,573$11,306,416
38$12,051,332$9,870,065$9,291,685$12,201,038
39$13,218,663$10,291,792$9,541,051$13,177,416
40$14,503,111$10,732,235$9,796,821$14,243,520
41$15,916,561$11,192,247$10,059,148$15,408,118
42$17,472,109$11,672,726$10,328,188$16,680,858
43$19,184,182$12,174,608$10,604,100$18,072,352
44$21,068,679$12,698,874$10,887,048$19,594,281
45$23,143,118$13,246,552$11,177,198$21,259,497
46$25,426,800$13,818,718$11,474,718$23,082,146
47$27,940,996$14,416,497$11,779,783$25,077,795
48$30,709,140$15,041,068$12,092,569$27,263,580
49$33,757,057$15,693,665$12,413,254$29,658,364
50$37,113,203$16,375,580$12,742,024$32,282,912
51$40,808,932$17,088,166$13,079,065$35,160,080
52$44,878,797$17,832,840$13,424,567$38,315,037
53$49,360,869$18,611,085$13,778,725$41,775,490
54$54,297,103$19,424,453$14,141,738$45,571,945
55$59,733,727$20,274,571$14,513,806$49,737,996
56$65,721,684$21,163,142$14,895,135$54,310,631
57$72,317,109$22,091,949$15,285,935$59,330,583
58$79,581,860$23,062,859$15,686,419$64,842,707
59$87,584,099$24,077,829$16,096,804$70,896,401
60$96,398,941$25,138,907$16,517,311$77,546,067
61$106,109,157$26,248,237$16,948,165$84,851,621
62$116,805,957$27,408,067$17,389,594$92,879,051
63$128,589,851$28,620,748$17,841,832$101,701,041
64$141,571,597$29,888,746$18,305,115$111,397,642
65$155,873,247$31,214,642$18,779,683$122,057,033
66$171,629,298$32,601,139$19,265,782$133,776,340
67$188,987,961$34,051,070$19,763,660$146,662,549
68$208,112,561$35,567,400$20,273,570$160,833,511
69$229,183,076$37,153,236$20,795,769$176,419,047
70$252,397,839$38,811,834$21,330,517$193,562,166
71$277,975,409$40,546,604$21,878,079$212,420,409
72$306,156,629$42,361,116$22,438,723$233,167,328
73$337,206,907$44,259,112$23,012,722$255,994,116
74$371,418,716$46,244,514$23,600,353$281,111,406
75$409,114,356$48,321,425$24,201,895$308,751,246
76$450,648,995$50,494,150$24,817,634$339,169,288
77$496,414,024$52,767,195$25,447,857$372,647,185
78$546,840,750$55,145,283$26,092,855$409,495,244
79$602,404,465$57,633,360$26,752,924$450,055,343
80$663,628,937$60,236,611$27,428,363$494,704,150
81$731,091,350$62,960,467$28,119,475$543,856,667
82$805,427,755$65,810,618$28,826,565$597,970,135
83$887,339,074$68,793,026$29,549,943$657,548,338
84$977,597,715$71,913,940$30,289,922$723,146,347
85$1,077,054,864$75,179,905$31,046,816$795,375,750
86$1,186,648,521$78,597,781$31,820,945$874,910,404
87$1,307,412,354$82,174,756$32,612,630$962,492,789
88$1,440,485,457$85,918,361$33,422,196$1,058,940,999
89$1,587,123,103$89,836,491$34,249,969$1,165,156,450
90$1,748,708,595$93,937,414$35,096,279$1,282,132,371
91$1,926,766,324$98,229,800$35,961,456$1,410,963,167
92$2,122,976,158$102,722,730$36,845,835$1,552,854,729
93$2,339,189,306$107,425,723$37,749,750$1,709,135,801
94$2,577,445,786$112,348,754$38,673,537$1,881,270,502
95$2,839,993,692$117,502,278$39,617,536$2,070,872,132
96$3,129,310,409$122,897,251$40,582,084$2,279,718,374
97$3,448,126,008$128,545,154$41,567,522$2,509,768,058
98$3,799,449,016$134,458,021$42,574,188$2,763,179,630
99$4,186,594,816$140,648,464$43,602,424$3,042,331,499
100$4,613,216,951$147,129,703$44,652,569$3,349,844,472