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%20%
1 years$701,922$695,670$689,570$683,616$677,802$650,652
2 years$347,486$341,015$334,743$328,661$322,763$295,751
3 years$229,356$222,857$216,601$210,577$204,774$178,751
4 years$170,303$163,823$157,630$151,709$146,047$121,209
5 years$134,880$128,439$122,327$116,527$111,022$87,434
6 years$111,273$104,880$98,859$93,187$87,848$65,524
7 years$94,417$88,078$82,152$76,614$71,444$50,376
8 years$81,781$75,500$69,671$64,270$59,270$39,436
9 years$71,958$65,736$60,008$54,744$49,914$31,283
10 years$64,104$57,943$52,316$47,190$42,529$25,065
11 years$57,683$51,583$46,058$41,069$36,576$20,238
12 years$52,335$46,298$40,876$36,023$31,696$16,439
13 years$47,814$41,840$36,520$31,803$27,640$13,416
14 years$43,942$38,032$32,813$28,231$24,229$10,992
15 years$40,589$34,743$29,626$25,177$21,333$9,032
16 years$37,658$31,876$26,860$22,544$18,854$7,441
17 years$35,075$29,356$24,442$20,255$16,717$6,142
18 years$32,781$27,126$22,312$18,254$14,864$5,079
19 years$30,731$25,141$20,426$16,494$13,249$4,205
20 years$28,889$23,362$18,746$14,939$11,834$3,485
21 years$27,224$21,761$17,242$13,558$10,590$2,891
22 years$25,712$20,313$15,892$12,327$9,493$2,401
23 years$24,334$18,998$14,673$11,226$8,521$1,994
24 years$23,073$17,800$13,570$10,239$7,659$1,658
25 years$21,914$16,704$12,569$9,351$6,892$1,379
26 years$20,847$15,699$11,657$8,550$6,208$1,147
27 years$19,860$14,775$10,824$7,826$5,597$954
28 years$18,945$13,922$10,063$7,170$5,050$794
29 years$18,094$13,134$9,364$6,575$4,560$661
30 years$17,302$12,404$8,722$6,035$4,121$551
31 years$16,563$11,726$8,132$5,542$3,725$458
32 years$15,871$11,095$7,587$5,093$3,370$382
33 years$15,222$10,507$7,084$4,684$3,050$318
34 years$14,613$9,958$6,619$4,310$2,761$265
35 years$14,040$9,445$6,188$3,967$2,501$221
36 years$13,500$8,965$5,789$3,654$2,266$184
37 years$12,990$8,515$5,418$3,366$2,054$153
38 years$12,509$8,092$5,074$3,103$1,862$128
39 years$12,053$7,695$4,754$2,861$1,688$106
40 years$11,621$7,321$4,456$2,639$1,531$89
41 years$11,211$6,969$4,178$2,435$1,389$74
42 years$10,822$6,637$3,919$2,247$1,261$62
43 years$10,452$6,324$3,678$2,074$1,144$51
44 years$10,099$6,028$3,452$1,915$1,039$43
45 years$9,763$5,748$3,241$1,769$943$36
46 years$9,443$5,483$3,044$1,634$856$30
47 years$9,138$5,233$2,860$1,509$777$25
48 years$8,846$4,995$2,688$1,395$706$21
49 years$8,566$4,770$2,526$1,289$641$17
50 years$8,299$4,557$2,375$1,191$582$14

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 $6,875 every year, while hoping to spend $53,259 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: 62/27/11 Blend
34$8,500,000$8,500,000$8,500,000$8,500,000
35$9,374,092$8,923,592$8,791,842$9,931,115
36$10,273,582$9,304,180$9,029,701$10,685,629
37$11,263,035$9,701,633$9,273,744$11,502,120
38$12,351,571$10,116,720$9,524,121$12,392,028
39$13,549,239$10,550,246$9,780,986$13,362,465
40$14,867,109$11,003,057$10,044,498$14,421,250
41$16,317,382$11,476,034$10,314,816$15,576,989
42$17,913,498$11,970,103$10,592,105$16,839,145
43$19,670,268$12,486,231$10,876,534$18,218,131
44$21,604,010$13,025,431$11,168,273$19,725,403
45$23,732,706$13,588,765$11,467,497$21,373,567
46$26,076,170$14,177,342$11,774,386$23,176,496
47$28,656,233$14,792,325$12,089,122$25,149,456
48$31,496,952$15,434,932$12,411,890$27,309,249
49$34,624,834$16,106,437$12,742,881$29,674,370
50$38,069,089$16,808,174$13,082,290$32,265,175
51$41,861,902$17,541,540$13,430,312$35,104,074
52$46,038,740$18,307,999$13,787,151$38,215,736
53$50,638,683$19,109,083$14,153,013$41,627,320
54$55,704,796$19,946,396$14,528,106$45,368,728
55$61,284,533$20,821,617$14,912,646$49,472,883
56$67,430,186$21,736,506$15,306,850$53,976,036
57$74,199,376$22,692,906$15,710,940$58,918,103
58$81,655,599$23,692,746$16,125,144$64,343,042
59$89,868,826$24,738,046$16,549,692$70,299,255
60$98,916,160$25,830,924$16,984,820$76,840,050
61$108,882,563$26,973,595$17,430,767$84,024,133
62$119,861,664$28,168,380$17,887,777$91,916,159
63$131,956,636$29,417,712$18,356,099$100,587,337
64$145,281,170$30,724,138$18,835,986$110,116,098
65$159,960,553$32,090,325$19,327,696$120,588,826
66$176,132,846$33,519,066$19,831,489$132,100,671
67$193,950,186$35,013,291$20,347,634$144,756,440
68$213,580,226$36,576,063$20,876,401$158,671,580
69$235,207,715$38,210,596$21,418,066$173,973,259
70$259,036,240$39,920,253$21,972,910$190,801,563
71$285,290,151$41,708,560$22,541,217$209,310,806
72$314,216,676$43,579,209$23,123,277$229,670,983
73$346,088,254$45,536,068$23,719,384$252,069,367
74$381,205,110$47,583,189$24,329,837$276,712,264
75$419,898,085$49,724,819$24,954,940$303,826,955
76$462,531,760$51,965,405$25,595,001$333,663,833
77$509,507,897$54,309,608$26,250,332$366,498,755
78$561,269,235$56,762,311$26,921,250$402,635,633
79$618,303,662$59,328,629$27,608,077$442,409,302
80$681,148,828$62,013,924$28,311,139$486,188,660
81$750,397,213$64,823,811$29,030,767$534,380,142
82$826,701,726$67,764,176$29,767,296$587,431,547
83$910,781,866$70,841,184$30,521,064$645,836,250
84$1,003,430,512$74,061,297$31,292,415$710,137,850
85$1,105,521,410$77,431,286$32,081,697$780,935,280
86$1,218,017,420$80,958,246$32,889,260$858,888,457
87$1,341,979,608$84,649,611$33,715,461$944,724,489
88$1,478,577,257$88,513,172$34,560,659$1,039,244,525
89$1,629,098,913$92,557,092$35,425,216$1,143,331,305
90$1,794,964,540$96,789,928$36,309,499$1,257,957,473
91$1,977,738,935$101,220,646$37,213,878$1,384,194,740
92$2,179,146,489$105,858,641$38,138,727$1,523,223,986
93$2,401,087,477$110,713,760$39,084,420$1,676,346,386
94$2,645,655,990$115,796,324$40,051,338$1,844,995,673
95$2,915,159,704$121,117,148$41,039,861$2,030,751,653
96$3,212,141,672$126,687,566$42,050,375$2,235,355,094
97$3,539,404,324$132,519,458$43,083,264$2,460,724,140
98$3,900,035,930$138,625,276$44,138,917$2,708,972,389
99$4,297,439,748$145,018,068$45,217,725$2,982,428,828
100$4,735,366,161$151,711,512$46,320,077$3,283,659,785