Can I retire at age 35 with 8,500,000?

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 $8,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$701,922$695,670$689,570$683,616$677,802$672,123
2 years$347,486$341,015$334,743$328,661$322,763$317,039
3 years$229,356$222,857$216,601$210,577$204,774$199,183
4 years$170,303$163,823$157,630$151,709$146,047$140,631
5 years$134,880$128,439$122,327$116,527$111,022$105,799
6 years$111,273$104,880$98,859$93,187$87,848$82,823
7 years$94,417$88,078$82,152$76,614$71,444$66,619
8 years$81,781$75,500$69,671$64,270$59,270$54,645
9 years$71,958$65,736$60,008$54,744$49,914$45,489
10 years$64,104$57,943$52,316$47,190$42,529$38,300
11 years$57,683$51,583$46,058$41,069$36,576$32,541
12 years$52,335$46,298$40,876$36,023$31,696$27,851
13 years$47,814$41,840$36,520$31,803$27,640$23,979
14 years$43,942$38,032$32,813$28,231$24,229$20,749
15 years$40,589$34,743$29,626$25,177$21,333$18,029
16 years$37,658$31,876$26,860$22,544$18,854$15,721
17 years$35,075$29,356$24,442$20,255$16,717$13,749
18 years$32,781$27,126$22,312$18,254$14,864$12,056
19 years$30,731$25,141$20,426$16,494$13,249$10,595
20 years$28,889$23,362$18,746$14,939$11,834$9,328
21 years$27,224$21,761$17,242$13,558$10,590$8,227
22 years$25,712$20,313$15,892$12,327$9,493$7,266
23 years$24,334$18,998$14,673$11,226$8,521$6,425
24 years$23,073$17,800$13,570$10,239$7,659$5,688
25 years$21,914$16,704$12,569$9,351$6,892$5,041
26 years$20,847$15,699$11,657$8,550$6,208$4,471
27 years$19,860$14,775$10,824$7,826$5,597$3,968
28 years$18,945$13,922$10,063$7,170$5,050$3,525
29 years$18,094$13,134$9,364$6,575$4,560$3,132
30 years$17,302$12,404$8,722$6,035$4,121$2,785
31 years$16,563$11,726$8,132$5,542$3,725$2,477
32 years$15,871$11,095$7,587$5,093$3,370$2,205
33 years$15,222$10,507$7,084$4,684$3,050$1,963
34 years$14,613$9,958$6,619$4,310$2,761$1,748
35 years$14,040$9,445$6,188$3,967$2,501$1,557
36 years$13,500$8,965$5,789$3,654$2,266$1,387
37 years$12,990$8,515$5,418$3,366$2,054$1,236
38 years$12,509$8,092$5,074$3,103$1,862$1,102
39 years$12,053$7,695$4,754$2,861$1,688$983
40 years$11,621$7,321$4,456$2,639$1,531$876
41 years$11,211$6,969$4,178$2,435$1,389$781
42 years$10,822$6,637$3,919$2,247$1,261$697
43 years$10,452$6,324$3,678$2,074$1,144$622
44 years$10,099$6,028$3,452$1,915$1,039$555
45 years$9,763$5,748$3,241$1,769$943$495
46 years$9,443$5,483$3,044$1,634$856$442
47 years$9,138$5,233$2,860$1,509$777$394
48 years$8,846$4,995$2,688$1,395$706$352
49 years$8,566$4,770$2,526$1,289$641$314
50 years$8,299$4,557$2,375$1,191$582$280

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,500,000, adding $2,057 every year, while hoping to spend $29,506 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: 46/36/18 Blend
34$8,500,000$8,500,000$8,500,000$8,500,000
35$9,369,122$8,918,622$8,786,872$9,751,896
36$10,293,378$9,324,240$9,049,838$10,424,883
37$11,310,920$9,748,745$9,320,624$11,151,449
38$12,431,230$10,193,030$9,599,462$11,939,081
39$13,664,760$10,658,033$9,886,589$12,793,474
40$15,023,025$11,144,736$10,182,249$13,720,883
41$16,518,714$11,654,168$10,486,694$14,728,174
42$18,165,807$12,187,407$10,800,183$15,822,891
43$19,979,714$12,745,584$11,122,983$17,013,321
44$21,977,409$13,329,883$11,455,368$18,308,568
45$24,177,603$13,941,545$11,797,621$19,718,637
46$26,600,909$14,581,871$12,150,031$21,254,523
47$29,270,043$15,252,225$12,512,899$22,928,312
48$32,210,039$15,954,034$12,886,532$24,753,291
49$35,448,479$16,688,798$13,271,247$26,744,067
50$39,015,760$17,458,086$13,667,370$28,916,702
51$42,945,377$18,263,541$14,075,237$31,288,859
52$47,274,240$19,106,890$14,495,192$33,879,964
53$52,043,023$19,989,938$14,927,591$36,711,384
54$57,296,547$20,914,580$15,372,801$39,806,622
55$63,084,201$21,882,801$15,831,196$43,191,537
56$69,460,414$22,896,682$16,303,166$46,894,575
57$76,485,161$23,958,405$16,789,107$50,947,038
58$84,224,536$25,070,255$17,289,431$55,383,370
59$92,751,371$26,234,630$17,804,559$60,241,475
60$102,145,925$27,454,041$18,334,925$65,563,067
61$112,496,641$28,731,121$18,880,977$71,394,058
62$123,900,983$30,068,630$19,443,175$77,784,981
63$136,466,354$31,469,463$20,021,991$84,791,463
64$150,311,107$32,936,652$20,617,913$92,474,735
65$165,565,668$34,473,377$21,231,442$100,902,207
66$182,373,764$36,082,970$21,863,093$110,148,092
67$200,893,778$37,768,926$22,513,396$120,294,094
68$221,300,247$39,534,907$23,182,899$131,430,177
69$243,785,509$41,384,753$23,872,162$143,655,393
70$268,561,514$43,322,490$24,581,763$157,078,815
71$295,861,834$45,352,337$25,312,297$171,820,546
72$325,943,858$47,478,718$26,064,377$188,012,848
73$359,091,228$49,706,272$26,838,630$205,801,374
74$395,616,515$52,039,861$27,635,705$225,346,529
75$435,864,167$54,484,582$28,456,269$246,824,969
76$480,213,765$57,045,780$29,301,007$270,431,259
77$529,083,603$59,729,056$30,170,625$296,379,686
78$582,934,637$62,540,287$31,065,847$324,906,273
79$642,274,839$65,485,630$31,987,422$356,270,984
80$707,663,989$68,571,542$32,936,117$390,760,166
81$779,718,961$71,804,793$33,912,722$428,689,229
82$859,119,547$75,192,480$34,918,050$470,405,603
83$946,614,875$78,742,045$35,952,939$516,292,004
84$1,043,030,478$82,461,291$37,018,248$566,770,017
85$1,149,276,090$86,358,398$38,114,863$622,304,058
86$1,266,354,235$90,441,943$39,243,694$683,405,737
87$1,395,369,687$94,720,919$40,405,679$750,638,656
88$1,537,539,907$99,204,755$41,601,781$824,623,710
89$1,694,206,528$103,903,339$42,832,991$906,044,919
90$1,866,848,027$108,827,036$44,100,330$995,655,857
91$2,057,093,681$113,986,716$45,404,846$1,094,286,737
92$2,266,738,947$119,393,776$46,747,619$1,202,852,217
93$2,497,762,414$125,060,165$48,129,758$1,322,360,004
94$2,752,344,482$130,998,414$49,552,406$1,453,920,331
95$3,032,887,945$137,221,662$51,016,738$1,598,756,402
96$3,342,040,677$143,743,686$52,523,961$1,758,215,906
97$3,682,720,630$150,578,931$54,075,317$1,933,783,697
98$4,058,143,381$157,742,544$55,672,087$2,127,095,775
99$4,471,852,487$165,250,410$57,315,583$2,339,954,683
100$4,927,752,944$173,119,184$59,007,158$2,574,346,482