Can I retire at age 35 with 8,700,000?

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 $8,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$718,438$712,038$705,795$699,701$693,750$666,488
2 years$355,662$349,038$342,619$336,395$330,357$303,225
3 years$234,753$228,100$221,697$215,531$209,592$183,444
4 years$174,310$167,678$161,339$155,278$149,483$124,517
5 years$138,054$131,462$125,205$119,269$113,635$89,915
6 years$113,891$107,348$101,185$95,380$89,915$67,458
7 years$96,638$90,151$84,085$78,417$73,125$51,922
8 years$83,705$77,276$71,311$65,782$60,664$40,694
9 years$73,651$67,283$61,420$56,032$51,088$32,321
10 years$65,612$59,306$53,547$48,300$43,530$25,930
11 years$59,040$52,797$47,142$42,035$37,437$20,963
12 years$53,566$47,388$41,837$36,871$32,442$17,051
13 years$48,939$42,825$37,379$32,551$28,290$13,935
14 years$44,976$38,926$33,585$28,895$24,799$11,433
15 years$41,544$35,560$30,323$25,770$21,835$9,408
16 years$38,544$32,626$27,492$23,074$19,298$7,762
17 years$35,900$30,047$25,017$20,732$17,111$6,417
18 years$33,553$27,765$22,837$18,683$15,214$5,313
19 years$31,454$25,732$20,906$16,882$13,561$4,406
20 years$29,569$23,911$19,187$15,290$12,113$3,658
21 years$27,864$22,273$17,648$13,877$10,839$3,039
22 years$26,317$20,791$16,265$12,617$9,716$2,527
23 years$24,907$19,445$15,018$11,491$8,722$2,103
24 years$23,616$18,219$13,889$10,480$7,839$1,751
25 years$22,430$17,097$12,864$9,571$7,054$1,458
26 years$21,337$16,069$11,931$8,751$6,354$1,215
27 years$20,327$15,123$11,079$8,010$5,729$1,013
28 years$19,390$14,250$10,299$7,339$5,169$844
29 years$18,520$13,443$9,584$6,730$4,668$704
30 years$17,709$12,696$8,928$6,177$4,217$587
31 years$16,953$12,002$8,323$5,673$3,813$490
32 years$16,244$11,356$7,765$5,213$3,449$408
33 years$15,580$10,754$7,251$4,794$3,121$341
34 years$14,957$10,193$6,775$4,411$2,826$284
35 years$14,370$9,668$6,334$4,061$2,560$237
36 years$13,818$9,176$5,925$3,740$2,319$198
37 years$13,296$8,715$5,546$3,446$2,102$165
38 years$12,803$8,282$5,193$3,176$1,906$138
39 years$12,336$7,876$4,866$2,928$1,728$115
40 years$11,894$7,493$4,561$2,701$1,567$96
41 years$11,475$7,133$4,276$2,492$1,422$80
42 years$11,076$6,793$4,011$2,300$1,290$67
43 years$10,697$6,472$3,764$2,123$1,171$56
44 years$10,337$6,169$3,533$1,960$1,063$47
45 years$9,993$5,883$3,318$1,810$965$39
46 years$9,665$5,612$3,116$1,672$876$32
47 years$9,353$5,356$2,927$1,545$796$27
48 years$9,054$5,113$2,751$1,428$723$23
49 years$8,768$4,883$2,586$1,319$656$19
50 years$8,494$4,664$2,431$1,219$596$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,700,000, adding $4,101 every year, while hoping to spend $32,608 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: 55/34/11 Blend
34$8,700,000$8,700,000$8,700,000$8,700,000
35$9,591,630$9,130,530$8,995,680$10,092,332
36$10,535,282$9,543,232$9,262,341$10,844,765
37$11,574,093$9,975,062$9,536,842$11,659,695
38$12,717,736$10,426,926$9,819,411$12,546,229
39$13,976,867$10,899,767$10,110,284$13,511,189
40$15,363,230$11,394,579$10,409,701$14,562,074
41$16,889,765$11,912,399$10,717,912$15,707,126
42$18,570,731$12,454,316$11,035,171$16,955,404
43$20,421,839$13,021,470$11,361,742$18,316,869
44$22,460,401$13,615,057$11,697,896$19,802,470
45$24,705,497$14,236,330$12,043,910$21,424,249
46$27,178,147$14,886,600$12,400,071$23,195,448
47$29,901,518$15,567,243$12,766,673$25,130,632
48$32,901,135$16,279,700$13,144,019$27,245,821
49$36,205,127$17,025,482$13,532,420$29,558,638
50$39,844,491$17,806,171$13,932,197$32,088,471
51$43,853,384$18,623,428$14,343,680$34,856,652
52$48,269,442$19,478,989$14,767,207$37,886,652
53$53,134,144$20,374,679$15,203,127$41,204,299
54$58,493,194$21,312,405$15,651,798$44,838,017
55$64,396,957$22,294,170$16,113,591$48,819,089
56$70,900,933$23,322,071$16,588,883$53,181,944
57$78,066,283$24,398,307$17,078,065$57,964,482
58$85,960,403$25,525,183$17,581,539$63,208,417
59$94,657,560$26,705,114$18,099,717$68,959,672
60$104,239,598$27,940,630$18,633,024$75,268,804
61$114,796,702$29,234,387$19,181,896$82,191,470
62$126,428,259$30,589,164$19,746,782$89,788,952
63$139,243,786$32,007,878$20,328,144$98,128,721
64$153,363,972$33,493,584$20,926,457$107,285,070
65$168,921,812$35,049,485$21,542,208$117,339,805
66$186,063,866$36,678,939$22,175,901$128,383,012
67$204,951,638$38,385,465$22,828,052$140,513,892
68$225,763,105$40,172,752$23,499,191$153,841,693
69$248,694,393$42,044,668$24,189,865$168,486,728
70$273,961,631$44,005,267$24,900,635$184,581,505
71$301,802,990$46,058,797$25,632,079$202,271,959
72$332,480,932$48,209,715$26,384,791$221,718,825
73$366,284,686$50,462,690$27,159,380$243,099,141
74$403,532,979$52,822,618$27,956,476$266,607,904
75$444,577,048$55,294,631$28,776,722$292,459,904
76$489,803,948$57,884,109$29,620,784$320,891,728
77$539,640,213$60,596,693$30,489,342$352,163,990
78$594,555,880$63,438,296$31,383,100$386,563,766
79$655,068,924$66,415,117$32,302,778$424,407,296
80$721,750,151$69,533,654$33,249,119$466,042,947
81$795,228,586$72,800,723$34,222,883$511,854,489
82$876,197,409$76,223,465$35,224,857$562,264,694
83$965,420,500$79,809,370$36,255,845$617,739,314
84$1,063,739,651$83,566,290$37,316,676$678,791,454
85$1,172,082,513$87,502,456$38,408,202$745,986,396
86$1,291,471,352$91,626,498$39,531,299$819,946,914
87$1,423,032,699$95,947,466$40,686,867$901,359,127
88$1,568,007,989$100,474,846$41,875,832$990,978,960
89$1,727,765,276$105,218,586$43,099,144$1,089,639,245
90$1,903,812,151$110,189,114$44,357,783$1,198,257,565
91$2,097,809,974$115,397,364$45,652,752$1,317,844,885
92$2,311,589,558$120,854,802$46,985,086$1,449,515,067
93$2,547,168,454$126,573,447$48,355,847$1,594,495,356
94$2,806,769,994$132,565,904$49,766,126$1,754,137,937
95$3,092,844,288$138,845,388$51,217,045$1,929,932,659
96$3,408,091,348$145,425,754$52,709,759$2,123,521,076
97$3,755,486,581$152,321,533$54,245,452$2,336,711,898
98$4,138,308,881$159,547,956$55,825,343$2,571,498,034
99$4,560,171,580$167,120,999$57,450,685$2,830,075,366
100$5,025,056,563$175,057,409$59,122,764$3,114,863,433