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%13.3%
1 years$693,664$687,485$681,457$675,573$669,828$660,636
2 years$343,398$337,003$330,804$324,795$318,966$309,722
3 years$226,658$220,235$214,052$208,099$202,365$193,356
4 years$168,299$161,896$155,775$149,924$144,328$135,623
5 years$133,293$126,928$120,888$115,156$109,716$101,341
6 years$109,964$103,647$97,695$92,091$86,815$78,779
7 years$93,306$87,042$81,185$75,713$70,604$62,910
8 years$80,819$74,611$68,852$63,514$58,572$51,220
9 years$71,111$64,963$59,302$54,100$49,326$42,312
10 years$63,350$57,261$51,701$46,634$42,029$35,347
11 years$57,004$50,976$45,517$40,586$36,146$29,791
12 years$51,719$45,754$40,395$35,599$31,323$25,287
13 years$47,251$41,348$36,090$31,429$27,315$21,590
14 years$43,425$37,584$32,427$27,899$23,944$18,521
15 years$40,111$34,334$29,277$24,881$21,082$15,952
16 years$37,215$31,501$26,544$22,278$18,632$13,786
17 years$34,662$29,011$24,154$20,017$16,521$11,947
18 years$32,396$26,807$22,050$18,039$14,689$10,379
19 years$30,370$24,845$20,185$16,300$13,093$9,036
20 years$28,549$23,087$18,525$14,763$11,695$7,880
21 years$26,904$21,505$17,040$13,398$10,466$6,882
22 years$25,410$20,074$15,705$12,182$9,381$6,019
23 years$24,048$18,775$14,500$11,094$8,421$5,270
24 years$22,802$17,591$13,410$10,119$7,569$4,619
25 years$21,656$16,508$12,421$9,241$6,811$4,052
26 years$20,601$15,515$11,520$8,449$6,135$3,557
27 years$19,626$14,601$10,697$7,734$5,531$3,125
28 years$18,722$13,759$9,944$7,086$4,991$2,746
29 years$17,882$12,980$9,254$6,498$4,507$2,415
30 years$17,099$12,258$8,620$5,964$4,072$2,125
31 years$16,368$11,588$8,036$5,477$3,682$1,870
32 years$15,684$10,964$7,498$5,034$3,330$1,646
33 years$15,043$10,383$7,001$4,629$3,014$1,450
34 years$14,441$9,841$6,541$4,259$2,729$1,277
35 years$13,875$9,334$6,115$3,921$2,471$1,125
36 years$13,341$8,860$5,721$3,611$2,239$992
37 years$12,837$8,415$5,354$3,327$2,030$874
38 years$12,361$7,997$5,014$3,066$1,840$771
39 years$11,911$7,604$4,698$2,827$1,669$680
40 years$11,484$7,235$4,403$2,608$1,513$599
41 years$11,079$6,887$4,129$2,406$1,373$528
42 years$10,694$6,559$3,873$2,221$1,246$466
43 years$10,329$6,249$3,634$2,050$1,131$411
44 years$9,980$5,957$3,411$1,893$1,026$363
45 years$9,649$5,680$3,203$1,748$932$320
46 years$9,332$5,419$3,009$1,615$846$282
47 years$9,030$5,171$2,826$1,492$768$249
48 years$8,741$4,937$2,656$1,378$698$220
49 years$8,465$4,714$2,497$1,274$634$194
50 years$8,201$4,503$2,347$1,177$575$171

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 $5,643 every year, while hoping to spend $46,978 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: 71/10/19 Blend
34$8,400,000$8,400,000$8,400,000$8,400,000
35$9,262,621$8,817,421$8,687,221$9,877,586
36$10,157,424$9,199,490$8,928,258$10,669,778
37$11,141,922$9,598,706$9,175,796$11,530,687
38$12,225,216$10,015,860$9,430,003$12,472,090
39$13,417,329$10,451,779$9,691,050$13,501,952
40$14,729,311$10,907,330$9,959,114$14,629,043
41$16,173,332$11,383,421$10,234,375$15,863,017
42$17,762,805$11,881,001$10,517,020$17,214,504
43$19,512,507$12,401,067$10,807,236$18,695,208
44$21,438,723$12,944,659$11,105,219$20,318,017
45$23,559,395$13,512,869$11,411,166$22,097,125
46$25,894,294$14,106,841$11,725,280$24,048,159
47$28,465,205$14,727,770$12,047,771$26,188,333
48$31,296,135$15,376,909$12,378,850$28,536,602
49$34,413,536$16,055,572$12,718,736$31,113,843
50$37,846,555$16,765,134$13,067,652$33,943,051
51$41,627,311$17,507,033$13,425,826$37,049,551
52$45,791,197$18,282,778$13,793,492$40,461,241
53$50,377,213$19,093,948$14,170,888$44,208,848
54$55,428,336$19,942,199$14,558,260$48,326,218
55$60,991,921$20,829,261$14,955,856$52,850,636
56$67,120,154$21,756,952$15,363,934$57,823,172
57$73,870,539$22,727,172$15,782,755$63,289,071
58$81,306,443$23,741,912$16,212,587$69,298,174
59$89,497,694$24,803,260$16,653,703$75,905,388
60$98,521,240$25,913,401$17,106,382$83,171,204
61$108,461,873$27,074,624$17,570,913$91,162,261
62$119,413,031$28,289,328$18,047,586$99,951,977
63$131,477,682$29,560,026$18,536,701$109,621,238
64$144,769,289$30,889,351$19,038,564$120,259,156
65$159,412,888$32,280,061$19,553,488$131,963,913
66$175,546,263$33,735,045$20,081,791$144,843,681
67$193,321,251$35,257,331$20,623,800$159,017,640
68$212,905,169$36,850,091$21,179,848$174,617,103
69$234,482,400$38,516,649$21,750,276$191,786,749
70$258,256,126$40,260,486$22,335,431$210,685,987
71$284,450,253$42,085,252$22,935,670$231,490,458
72$313,311,519$43,994,769$23,551,355$254,393,687
73$345,111,825$45,993,044$24,182,857$279,608,909
74$380,150,802$48,084,274$24,830,553$307,371,075
75$418,758,638$50,272,858$25,494,831$337,939,070
76$461,299,196$52,563,404$26,176,085$371,598,147
77$508,173,446$54,960,744$26,874,716$408,662,622
78$559,823,255$57,469,938$27,591,137$449,478,829
79$616,735,552$60,096,290$28,325,765$494,428,393
80$679,446,929$62,845,358$29,079,028$543,931,820
81$748,548,703$65,722,968$29,851,363$598,452,467
82$824,692,501$68,735,224$30,643,214$658,500,907
83$908,596,409$71,888,523$31,455,034$724,639,745
84$1,001,051,751$75,189,569$32,287,287$797,488,926
85$1,102,930,562$78,645,390$33,140,443$877,731,574
86$1,215,193,815$82,263,349$34,014,983$966,120,444
87$1,338,900,496$86,051,165$34,911,397$1,063,485,012
88$1,475,217,601$90,016,927$35,830,183$1,170,739,308
89$1,625,431,152$94,169,112$36,771,851$1,288,890,531
90$1,790,958,338$98,516,608$37,736,916$1,419,048,551
91$1,973,360,894$103,068,726$38,725,908$1,562,436,382
92$2,174,359,841$107,835,230$39,739,362$1,720,401,717
93$2,395,851,739$112,826,351$40,777,825$1,894,429,643
94$2,639,926,588$118,052,813$41,841,853$2,086,156,652
95$2,908,887,557$123,525,858$42,932,013$2,297,386,081
96$3,205,272,731$129,257,269$44,048,879$2,530,105,129
97$3,531,879,071$135,259,396$45,193,037$2,786,503,604
98$3,891,788,815$141,545,186$46,365,083$3,068,994,588
99$4,288,398,583$148,128,209$47,565,622$3,380,237,207
100$4,725,451,438$155,022,690$48,795,270$3,723,161,722