Can I retire at age 35 with 8,600,000?

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 $8,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$710,180$703,854$697,682$691,658$685,776$680,599
2 years$351,574$345,026$338,681$332,528$326,560$321,340
3 years$232,055$225,479$219,149$213,054$207,183$202,083
4 years$172,307$165,751$159,484$153,493$147,765$142,823
5 years$136,467$129,951$123,766$117,898$112,328$107,560
6 years$112,582$106,114$100,022$94,284$88,882$84,292
7 years$95,528$89,115$83,118$77,516$72,285$67,876
8 years$82,743$76,388$70,491$65,026$59,967$55,740
9 years$72,804$66,509$60,714$55,388$50,501$46,454
10 years$64,858$58,625$52,932$47,745$43,029$39,160
11 years$58,361$52,190$46,600$41,552$37,007$33,312
12 years$52,951$46,843$41,357$36,447$32,069$28,547
13 years$48,376$42,332$36,949$32,177$27,965$24,610
14 years$44,459$38,479$33,199$28,563$24,514$21,323
15 years$41,066$35,151$29,974$25,473$21,584$18,553
16 years$38,101$32,251$27,176$22,809$19,076$16,200
17 years$35,488$29,702$24,729$20,493$16,914$14,188
18 years$33,167$27,446$22,575$18,469$15,039$12,458
19 years$31,093$25,436$20,666$16,688$13,405$10,964
20 years$29,229$23,637$18,966$15,114$11,973$9,667
21 years$27,544$22,017$17,445$13,717$10,715$8,538
22 years$26,015$20,552$16,078$12,472$9,604$7,552
23 years$24,621$19,222$14,846$11,359$8,621$6,689
24 years$23,344$18,009$13,730$10,360$7,749$5,931
25 years$22,172$16,901$12,716$9,461$6,973$5,264
26 years$21,092$15,884$11,794$8,651$6,281$4,676
27 years$20,093$14,949$10,952$7,918$5,663$4,157
28 years$19,168$14,086$10,181$7,255$5,110$3,698
29 years$18,307$13,289$9,474$6,653$4,614$3,292
30 years$17,506$12,550$8,825$6,106$4,169$2,931
31 years$16,758$11,864$8,227$5,607$3,769$2,612
32 years$16,058$11,225$7,676$5,153$3,409$2,328
33 years$15,401$10,631$7,167$4,739$3,086$2,076
34 years$14,785$10,076$6,697$4,360$2,794$1,852
35 years$14,205$9,556$6,261$4,014$2,530$1,653
36 years$13,659$9,070$5,857$3,697$2,293$1,475
37 years$13,143$8,615$5,482$3,406$2,078$1,317
38 years$12,656$8,187$5,134$3,139$1,884$1,176
39 years$12,195$7,785$4,810$2,895$1,708$1,050
40 years$11,758$7,407$4,508$2,670$1,549$938
41 years$11,343$7,051$4,227$2,463$1,406$838
42 years$10,949$6,715$3,965$2,273$1,276$749
43 years$10,575$6,398$3,721$2,099$1,158$669
44 years$10,218$6,099$3,493$1,938$1,051$598
45 years$9,878$5,816$3,279$1,790$954$534
46 years$9,554$5,548$3,080$1,653$866$478
47 years$9,245$5,294$2,894$1,527$786$427
48 years$8,950$5,054$2,719$1,411$714$382
49 years$8,667$4,826$2,556$1,304$649$341
50 years$8,397$4,610$2,403$1,205$589$305

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,600,000, adding $5,611 every year, while hoping to spend $47,488 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: 70/7/23 Blend
34$8,600,000$8,600,000$8,600,000$8,600,000
35$9,482,988$9,027,188$8,893,888$10,091,687
36$10,399,726$9,418,993$9,141,306$10,891,089
37$11,408,379$9,828,405$9,395,421$11,759,764
38$12,518,274$10,256,237$9,656,408$12,709,525
39$13,739,684$10,703,339$9,924,444$13,748,405
40$15,083,931$11,170,602$10,199,712$14,885,246
41$16,563,490$11,658,959$10,482,400$16,129,782
42$18,192,105$12,169,388$10,772,700$17,492,736
43$19,984,922$12,702,910$11,070,808$18,985,911
44$21,958,629$13,260,597$11,376,924$20,622,308
45$24,131,614$13,843,571$11,691,256$22,416,243
46$26,524,139$14,453,006$12,014,014$24,383,483
47$29,158,531$15,090,134$12,345,414$26,541,392
48$32,059,393$15,756,242$12,685,677$28,909,096
49$35,253,834$16,452,681$13,035,029$31,507,661
50$38,771,725$17,180,863$13,393,703$34,360,288
51$42,645,985$17,942,269$13,761,936$37,492,535
52$46,912,885$18,738,449$14,139,970$40,932,555
53$51,612,394$19,571,028$14,528,054$44,711,358
54$56,788,556$20,441,707$14,926,442$48,863,105
55$62,489,906$21,352,267$15,335,395$53,425,428
56$68,769,924$22,304,576$15,755,178$58,439,784
57$75,687,545$23,300,589$16,186,065$63,951,842
58$83,307,710$24,342,353$16,628,334$70,011,915
59$91,701,983$25,432,015$17,082,270$76,675,434
60$100,949,224$26,571,822$17,548,164$84,003,465
61$111,136,333$27,764,130$18,026,316$92,063,288
62$122,359,072$29,011,405$18,517,030$100,929,026
63$134,722,964$30,316,231$19,020,618$110,682,346
64$148,344,297$31,681,317$19,537,399$121,413,226
65$163,351,213$33,109,499$20,067,700$133,220,800
66$179,884,922$34,603,750$20,611,853$146,214,297
67$198,101,034$36,167,183$21,170,200$160,514,063
68$218,171,026$37,803,062$21,743,088$176,252,700
69$240,283,864$39,514,805$22,330,875$193,576,310
70$264,647,782$41,305,994$22,933,923$212,645,877
71$291,492,251$43,180,383$23,552,604$233,638,777
72$321,070,143$45,141,904$24,187,299$256,750,457
73$353,660,119$47,194,679$24,838,395$282,196,270
74$389,569,259$49,343,026$25,506,289$310,213,509
75$429,135,959$51,591,470$26,191,385$341,063,642
76$472,733,127$53,944,752$26,894,097$375,034,778
77$520,771,703$56,407,843$27,614,847$412,444,380
78$573,704,538$58,985,948$28,354,066$453,642,264
79$632,030,667$61,684,525$29,112,193$499,013,890
80$696,300,021$64,509,293$29,889,677$548,984,003
81$767,118,620$67,466,245$30,686,978$604,020,635
82$845,154,290$70,561,662$31,504,562$664,639,522
83$931,142,969$73,802,125$32,342,907$731,408,962
84$1,025,895,656$77,194,533$33,202,499$804,955,183
85$1,130,306,065$80,746,117$34,083,834$885,968,245
86$1,245,359,060$84,464,454$34,987,419$975,208,550
87$1,372,139,957$88,357,485$35,913,771$1,073,514,017
88$1,511,844,765$92,433,534$36,863,414$1,181,807,984
89$1,665,791,479$96,701,325$37,836,887$1,301,107,922
90$1,835,432,523$101,170,003$38,834,735$1,432,535,031
91$2,022,368,457$105,849,150$39,857,516$1,577,324,822
92$2,228,363,095$110,748,813$40,905,797$1,736,838,772
93$2,455,360,146$115,879,521$41,980,157$1,912,577,172
94$2,705,501,573$121,252,309$43,081,185$2,106,193,282
95$2,981,147,809$126,878,748$44,209,480$2,319,508,933
96$3,284,900,040$132,770,961$45,365,652$2,554,531,716
97$3,619,624,766$138,941,661$46,550,324$2,813,473,931
98$3,988,480,860$145,404,169$47,764,127$3,098,773,462
99$4,394,949,388$152,172,454$49,007,705$3,413,116,783
100$4,842,866,475$159,261,153$50,281,713$3,759,464,312