Can I retire at age 35 with 8,400,000?

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 $8,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$693,664$687,485$681,457$675,573$669,828$650,996
2 years$343,398$337,003$330,804$324,795$318,966$300,136
3 years$226,658$220,235$214,052$208,099$202,365$184,128
4 years$168,299$161,896$155,775$149,924$144,328$126,824
5 years$133,293$126,928$120,888$115,156$109,716$92,992
6 years$109,964$103,647$97,695$92,091$86,815$70,886
7 years$93,306$87,042$81,185$75,713$70,604$55,471
8 years$80,819$74,611$68,852$63,514$58,572$44,228
9 years$71,111$64,963$59,302$54,100$49,326$35,756
10 years$63,350$57,261$51,701$46,634$42,029$29,214
11 years$57,004$50,976$45,517$40,586$36,146$24,067
12 years$51,719$45,754$40,395$35,599$31,323$19,957
13 years$47,251$41,348$36,090$31,429$27,315$16,635
14 years$43,425$37,584$32,427$27,899$23,944$13,926
15 years$40,111$34,334$29,277$24,881$21,082$11,699
16 years$37,215$31,501$26,544$22,278$18,632$9,856
17 years$34,662$29,011$24,154$20,017$16,521$8,323
18 years$32,396$26,807$22,050$18,039$14,689$7,043
19 years$30,370$24,845$20,185$16,300$13,093$5,969
20 years$28,549$23,087$18,525$14,763$11,695$5,067
21 years$26,904$21,505$17,040$13,398$10,466$4,306
22 years$25,410$20,074$15,705$12,182$9,381$3,662
23 years$24,048$18,775$14,500$11,094$8,421$3,118
24 years$22,802$17,591$13,410$10,119$7,569$2,656
25 years$21,656$16,508$12,421$9,241$6,811$2,264
26 years$20,601$15,515$11,520$8,449$6,135$1,931
27 years$19,626$14,601$10,697$7,734$5,531$1,648
28 years$18,722$13,759$9,944$7,086$4,991$1,407
29 years$17,882$12,980$9,254$6,498$4,507$1,201
30 years$17,099$12,258$8,620$5,964$4,072$1,026
31 years$16,368$11,588$8,036$5,477$3,682$876
32 years$15,684$10,964$7,498$5,034$3,330$749
33 years$15,043$10,383$7,001$4,629$3,014$640
34 years$14,441$9,841$6,541$4,259$2,729$547
35 years$13,875$9,334$6,115$3,921$2,471$468
36 years$13,341$8,860$5,721$3,611$2,239$400
37 years$12,837$8,415$5,354$3,327$2,030$342
38 years$12,361$7,997$5,014$3,066$1,840$292
39 years$11,911$7,604$4,698$2,827$1,669$250
40 years$11,484$7,235$4,403$2,608$1,513$214
41 years$11,079$6,887$4,129$2,406$1,373$183
42 years$10,694$6,559$3,873$2,221$1,246$156
43 years$10,329$6,249$3,634$2,050$1,131$134
44 years$9,980$5,957$3,411$1,893$1,026$114
45 years$9,649$5,680$3,203$1,748$932$98
46 years$9,332$5,419$3,009$1,615$846$84
47 years$9,030$5,171$2,826$1,492$768$72
48 years$8,741$4,937$2,656$1,378$698$61
49 years$8,465$4,714$2,497$1,274$634$52
50 years$8,201$4,503$2,347$1,177$575$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,400,000, adding $6,003 every year, while hoping to spend $55,040 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: 78/9/13 Blend
34$8,400,000$8,400,000$8,400,000$8,400,000
35$9,262,992$8,817,792$8,687,592$9,961,260
36$10,149,255$9,191,302$8,920,064$10,795,272
37$11,124,072$9,581,269$9,158,480$11,702,198
38$12,196,418$9,988,441$9,402,979$12,695,403
39$13,376,180$10,413,602$9,653,706$13,783,478
40$14,674,254$10,857,572$9,910,809$14,975,887
41$16,102,642$11,321,208$10,174,435$16,283,049
42$17,674,572$11,805,407$10,444,739$17,716,437
43$19,404,617$12,311,111$10,721,877$19,288,689
44$21,308,835$12,839,302$11,006,006$21,013,721
45$23,404,918$13,391,010$11,297,290$22,906,862
46$25,712,363$13,967,313$11,595,893$24,984,993
47$28,252,653$14,569,340$11,901,983$27,266,708
48$31,049,457$15,198,271$12,215,733$29,772,489
49$34,128,858$15,855,343$12,537,317$32,524,897
50$37,519,598$16,541,851$12,866,914$35,548,781
51$41,253,346$17,259,151$13,204,704$38,871,517
52$45,364,998$18,008,660$13,550,873$42,523,259
53$49,893,010$18,791,866$13,905,608$46,537,227
54$54,879,752$19,610,323$14,269,102$50,950,015
55$60,371,919$20,465,661$14,641,549$55,801,939
56$66,420,961$21,359,585$15,023,147$61,137,413
57$73,083,576$22,293,881$15,414,099$67,005,366
58$80,422,239$23,270,419$15,814,610$73,459,705
59$88,505,796$24,291,159$16,224,888$80,559,821
60$97,410,111$25,358,149$16,645,146$88,371,145
61$107,218,783$26,473,539$17,075,599$96,965,768
62$118,023,935$27,639,578$17,516,467$106,423,116
63$129,927,080$28,858,621$17,967,972$116,830,700
64$143,040,083$30,133,135$18,430,341$128,284,938
65$157,486,218$31,465,705$18,903,803$140,892,066
66$173,401,323$32,859,035$19,388,591$154,769,132
67$190,935,092$34,315,962$19,884,943$170,045,107
68$210,252,480$35,839,453$20,393,098$186,862,094
69$231,535,265$37,432,619$20,913,299$205,376,667
70$254,983,761$39,098,716$21,445,793$225,761,349
71$280,818,708$40,841,156$21,990,831$248,206,236
72$309,283,358$42,663,515$22,548,665$272,920,789
73$340,645,768$44,569,534$23,119,553$300,135,809
74$375,201,333$46,563,138$23,703,754$330,105,610
75$413,275,570$48,648,433$24,301,531$363,110,418
76$455,227,197$50,829,724$24,913,151$399,459,014
77$501,451,511$53,111,521$25,538,881$439,491,643
78$552,384,126$55,498,546$26,178,995$483,583,224
79$608,505,081$57,995,749$26,833,765$532,146,885
80$670,343,374$60,608,315$27,503,471$585,637,857
81$738,481,952$63,341,677$28,188,391$644,557,769
82$813,563,216$66,201,525$28,888,808$709,459,382
83$896,295,088$69,193,822$29,605,006$780,951,795
84$987,457,685$72,324,818$30,337,272$859,706,198
85$1,087,910,693$75,601,058$31,085,895$946,462,199
86$1,198,601,476$79,029,402$31,851,165$1,042,034,801
87$1,320,574,021$82,617,038$32,633,374$1,147,322,093
88$1,454,978,795$86,371,497$33,432,815$1,263,313,720
89$1,603,083,602$90,300,669$34,249,784$1,391,100,222
90$1,766,285,553$94,412,826$35,084,576$1,531,883,321
91$1,946,124,258$98,716,633$35,937,487$1,686,987,263
92$2,144,296,353$103,221,170$36,808,815$1,857,871,308
93$2,362,671,527$107,935,952$37,698,856$2,046,143,501
94$2,603,310,162$112,870,953$38,607,906$2,253,575,850
95$2,868,482,791$118,036,623$39,536,264$2,482,121,040
96$3,160,691,531$123,443,912$40,484,224$2,733,930,865
97$3,482,693,702$129,104,299$41,452,080$3,011,376,532
98$3,837,527,861$135,029,811$42,440,126$3,317,071,039
99$4,228,542,486$141,233,054$43,448,653$3,653,893,833
100$4,659,427,586$147,727,240$44,477,950$4,025,017,986