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%15.3%
1 years$701,922$695,670$689,570$683,616$677,802$663,033
2 years$347,486$341,015$334,743$328,661$322,763$307,958
3 years$229,356$222,857$216,601$210,577$204,774$190,395
4 years$170,303$163,823$157,630$151,709$146,047$132,204
5 years$134,880$128,439$122,327$116,527$111,022$97,756
6 years$111,273$104,880$98,859$93,187$87,848$75,171
7 years$94,417$88,078$82,152$76,614$71,444$59,360
8 years$81,781$75,500$69,671$64,270$59,270$47,773
9 years$71,958$65,736$60,008$54,744$49,914$38,997
10 years$64,104$57,943$52,316$47,190$42,529$32,181
11 years$57,683$51,583$46,058$41,069$36,576$26,783
12 years$52,335$46,298$40,876$36,023$31,696$22,443
13 years$47,814$41,840$36,520$31,803$27,640$18,909
14 years$43,942$38,032$32,813$28,231$24,229$16,004
15 years$40,589$34,743$29,626$25,177$21,333$13,596
16 years$37,658$31,876$26,860$22,544$18,854$11,586
17 years$35,075$29,356$24,442$20,255$16,717$9,898
18 years$32,781$27,126$22,312$18,254$14,864$8,475
19 years$30,731$25,141$20,426$16,494$13,249$7,270
20 years$28,889$23,362$18,746$14,939$11,834$6,246
21 years$27,224$21,761$17,242$13,558$10,590$5,373
22 years$25,712$20,313$15,892$12,327$9,493$4,628
23 years$24,334$18,998$14,673$11,226$8,521$3,989
24 years$23,073$17,800$13,570$10,239$7,659$3,442
25 years$21,914$16,704$12,569$9,351$6,892$2,972
26 years$20,847$15,699$11,657$8,550$6,208$2,568
27 years$19,860$14,775$10,824$7,826$5,597$2,219
28 years$18,945$13,922$10,063$7,170$5,050$1,919
29 years$18,094$13,134$9,364$6,575$4,560$1,660
30 years$17,302$12,404$8,722$6,035$4,121$1,437
31 years$16,563$11,726$8,132$5,542$3,725$1,244
32 years$15,871$11,095$7,587$5,093$3,370$1,077
33 years$15,222$10,507$7,084$4,684$3,050$933
34 years$14,613$9,958$6,619$4,310$2,761$808
35 years$14,040$9,445$6,188$3,967$2,501$700
36 years$13,500$8,965$5,789$3,654$2,266$607
37 years$12,990$8,515$5,418$3,366$2,054$526
38 years$12,509$8,092$5,074$3,103$1,862$456
39 years$12,053$7,695$4,754$2,861$1,688$395
40 years$11,621$7,321$4,456$2,639$1,531$342
41 years$11,211$6,969$4,178$2,435$1,389$297
42 years$10,822$6,637$3,919$2,247$1,261$257
43 years$10,452$6,324$3,678$2,074$1,144$223
44 years$10,099$6,028$3,452$1,915$1,039$193
45 years$9,763$5,748$3,241$1,769$943$168
46 years$9,443$5,483$3,044$1,634$856$145
47 years$9,138$5,233$2,860$1,509$777$126
48 years$8,846$4,995$2,688$1,395$706$109
49 years$8,566$4,770$2,526$1,289$641$95
50 years$8,299$4,557$2,375$1,191$582$82

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 $2,689 every year, while hoping to spend $38,236 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: 42/42/16 Blend
34$8,500,000$8,500,000$8,500,000$8,500,000
35$9,369,774$8,919,274$8,787,524$9,719,274
36$10,284,808$9,315,635$9,041,223$10,362,358
37$11,291,894$9,730,137$9,302,140$11,054,332
38$12,400,381$10,163,628$9,570,475$11,802,834
39$13,620,570$10,616,996$9,846,436$12,613,058
40$14,963,812$11,091,172$10,130,236$13,490,703
41$16,442,614$11,587,133$10,422,092$14,442,023
42$18,070,757$12,105,899$10,722,228$15,473,884
43$19,863,427$12,648,541$11,030,876$16,593,825
44$21,837,358$13,216,180$11,348,271$17,810,124
45$24,010,986$13,809,991$11,674,657$19,131,871
46$26,404,631$14,431,205$12,010,282$20,569,056
47$29,040,680$15,081,111$12,355,403$22,132,650
48$31,943,804$15,761,060$12,710,283$23,834,710
49$35,141,187$16,472,467$13,075,193$25,688,488
50$38,662,785$17,216,814$13,450,409$27,708,547
51$42,541,608$17,995,657$13,836,216$29,910,897
52$46,814,030$18,810,622$14,232,907$32,313,139
53$51,520,134$19,663,416$14,640,783$34,934,628
54$56,704,090$20,555,826$15,060,151$37,796,643
55$62,414,570$21,489,723$15,491,329$40,922,592
56$68,705,208$22,467,072$15,934,641$44,338,217
57$75,635,109$23,489,928$16,390,421$48,071,833
58$83,269,402$24,560,446$16,859,011$52,154,593
59$91,679,857$25,680,884$17,340,764$56,620,768
60$100,945,563$26,853,608$17,836,040$61,508,065
61$111,153,673$28,081,098$18,345,211$66,857,976
62$122,400,229$29,365,953$18,868,656$72,716,161
63$134,791,062$30,710,895$19,406,766$79,132,869
64$148,442,800$32,118,778$19,959,943$86,163,401
65$163,483,962$33,592,594$20,528,596$93,868,629
66$180,056,171$35,135,477$21,113,150$102,315,552
67$198,315,497$36,750,711$21,714,037$111,577,924
68$218,433,922$38,441,740$22,331,702$121,736,938
69$240,600,969$40,212,173$22,966,601$132,881,976
70$265,025,489$42,065,790$23,619,203$145,111,447
71$291,937,631$44,006,557$24,289,989$158,533,700
72$321,591,018$46,038,626$24,979,451$173,268,033
73$354,265,136$48,166,353$25,688,097$189,445,806
74$390,267,976$50,394,301$26,416,445$207,211,668
75$429,938,943$52,727,254$27,165,028$226,724,902
76$473,652,052$55,170,226$27,934,394$248,160,920
77$521,819,467$57,728,473$28,725,102$271,712,895
78$574,895,388$60,407,504$29,537,728$297,593,572
79$633,380,339$63,213,093$30,372,863$326,037,255
80$697,825,891$66,151,293$31,231,112$357,302,002
81$768,839,874$69,228,448$32,113,097$391,672,036
82$847,092,109$72,451,210$33,019,453$429,460,416
83$933,320,735$75,826,550$33,950,836$471,011,962
84$1,028,339,176$79,361,777$34,907,915$516,706,488
85$1,133,043,819$83,064,551$35,891,377$566,962,369
86$1,248,422,478$86,942,903$36,901,927$622,240,459
87$1,375,563,718$91,005,253$37,940,289$683,048,420
88$1,515,667,132$95,260,425$39,007,204$749,945,482
89$1,670,054,666$99,717,672$40,103,432$823,547,696
90$1,840,183,097$104,386,694$41,229,752$904,533,721
91$2,027,657,788$109,277,657$42,386,964$993,651,195
92$2,234,247,842$114,401,221$43,575,886$1,091,723,761
93$2,461,902,804$119,768,563$44,797,360$1,199,658,810
94$2,712,771,065$125,391,397$46,052,247$1,318,456,009
95$2,989,220,145$131,282,007$47,341,428$1,449,216,698
96$3,293,859,044$137,453,270$48,665,810$1,593,154,249
97$3,629,562,871$143,918,685$50,026,320$1,751,605,482
98$3,999,499,990$150,692,407$51,423,908$1,926,043,234
99$4,407,161,929$157,789,275$52,859,549$2,118,090,225
100$4,856,396,344$165,224,847$54,334,241$2,329,534,323