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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.4%
1 years$718,438$712,038$705,795$699,701$693,750$672,891
2 years$355,662$349,038$342,619$336,395$330,357$309,517
3 years$234,753$228,100$221,697$215,531$209,592$189,425
4 years$174,310$167,678$161,339$155,278$149,483$130,144
5 years$138,054$131,462$125,205$119,269$113,635$95,175
6 years$113,891$107,348$101,185$95,380$89,915$72,352
7 years$96,638$90,151$84,085$78,417$73,125$56,458
8 years$83,705$77,276$71,311$65,782$60,664$44,883
9 years$73,651$67,283$61,420$56,032$51,088$36,175
10 years$65,612$59,306$53,547$48,300$43,530$29,464
11 years$59,040$52,797$47,142$42,035$37,437$24,195
12 years$53,566$47,388$41,837$36,871$32,442$19,997
13 years$48,939$42,825$37,379$32,551$28,290$16,612
14 years$44,976$38,926$33,585$28,895$24,799$13,859
15 years$41,544$35,560$30,323$25,770$21,835$11,601
16 years$38,544$32,626$27,492$23,074$19,298$9,739
17 years$35,900$30,047$25,017$20,732$17,111$8,194
18 years$33,553$27,765$22,837$18,683$15,214$6,908
19 years$31,454$25,732$20,906$16,882$13,561$5,833
20 years$29,569$23,911$19,187$15,290$12,113$4,932
21 years$27,864$22,273$17,648$13,877$10,839$4,175
22 years$26,317$20,791$16,265$12,617$9,716$3,538
23 years$24,907$19,445$15,018$11,491$8,722$3,000
24 years$23,616$18,219$13,889$10,480$7,839$2,546
25 years$22,430$17,097$12,864$9,571$7,054$2,161
26 years$21,337$16,069$11,931$8,751$6,354$1,836
27 years$20,327$15,123$11,079$8,010$5,729$1,560
28 years$19,390$14,250$10,299$7,339$5,169$1,326
29 years$18,520$13,443$9,584$6,730$4,668$1,128
30 years$17,709$12,696$8,928$6,177$4,217$959
31 years$16,953$12,002$8,323$5,673$3,813$816
32 years$16,244$11,356$7,765$5,213$3,449$695
33 years$15,580$10,754$7,251$4,794$3,121$591
34 years$14,957$10,193$6,775$4,411$2,826$503
35 years$14,370$9,668$6,334$4,061$2,560$428
36 years$13,818$9,176$5,925$3,740$2,319$365
37 years$13,296$8,715$5,546$3,446$2,102$310
38 years$12,803$8,282$5,193$3,176$1,906$264
39 years$12,336$7,876$4,866$2,928$1,728$225
40 years$11,894$7,493$4,561$2,701$1,567$192
41 years$11,475$7,133$4,276$2,492$1,422$163
42 years$11,076$6,793$4,011$2,300$1,290$139
43 years$10,697$6,472$3,764$2,123$1,171$118
44 years$10,337$6,169$3,533$1,960$1,063$101
45 years$9,993$5,883$3,318$1,810$965$86
46 years$9,665$5,612$3,116$1,672$876$73
47 years$9,353$5,356$2,927$1,545$796$62
48 years$9,054$5,113$2,751$1,428$723$53
49 years$8,768$4,883$2,586$1,319$656$45
50 years$8,494$4,664$2,431$1,219$596$38

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 $2,192 every year, while hoping to spend $27,216 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: 41/31/28 Blend
34$8,700,000$8,700,000$8,700,000$8,700,000
35$9,589,661$9,128,561$8,993,711$9,903,767
36$10,538,849$9,546,903$9,266,043$10,549,550
37$11,583,942$9,984,831$9,546,585$11,245,398
38$12,734,693$10,443,277$9,835,585$11,998,106
39$14,001,851$10,923,217$10,133,296$12,812,920
40$15,397,257$11,425,672$10,439,979$13,695,601
41$16,933,962$11,951,715$10,755,904$14,652,469
42$18,626,346$12,502,469$11,081,346$15,690,469
43$20,490,255$13,079,111$11,416,593$16,817,225
44$22,543,148$13,682,875$11,761,936$18,041,113
45$24,804,268$14,315,055$12,117,680$19,371,333
46$27,294,817$14,977,006$12,484,135$20,817,997
47$30,038,157$15,670,148$12,861,623$22,392,216
48$33,060,035$16,395,971$13,250,473$24,106,202
49$36,388,821$17,156,037$13,651,027$25,973,380
50$40,055,779$17,951,980$14,063,633$28,008,508
51$44,095,357$18,785,516$14,488,654$30,227,814
52$48,545,521$19,658,443$14,926,461$32,649,143
53$53,448,102$20,572,646$15,377,436$35,292,120
54$58,849,202$21,530,098$15,841,974$38,178,329
55$64,799,620$22,532,872$16,320,479$41,331,515
56$71,355,336$23,583,138$16,813,370$44,777,796
57$78,578,038$24,683,170$17,321,076$48,545,910
58$86,535,707$25,835,355$17,844,041$52,667,474
59$95,303,254$27,042,191$18,382,721$57,177,282
60$104,963,229$28,306,302$18,937,585$62,113,618
61$115,606,601$29,630,433$19,509,117$67,518,618
62$127,333,616$31,017,467$20,097,814$73,438,656
63$140,254,744$32,470,422$20,704,190$79,924,775
64$154,491,720$33,992,464$21,328,772$87,033,160
65$170,178,693$35,586,913$21,972,104$94,825,659
66$187,463,496$37,257,247$22,634,745$103,370,358
67$206,509,035$39,007,115$23,317,272$112,742,216
68$227,494,834$40,840,341$24,020,278$123,023,761
69$250,618,723$42,760,934$24,744,374$134,305,856
70$276,098,711$44,773,097$25,490,188$146,688,552
71$304,175,039$46,881,239$26,258,369$160,282,015
72$335,112,451$49,089,978$27,049,583$175,207,558
73$369,202,694$51,404,160$27,864,517$191,598,770
74$406,767,268$53,828,863$28,703,877$209,602,770
75$448,160,464$56,369,412$29,568,392$229,381,575
76$493,772,709$59,031,391$30,458,810$251,113,621
77$544,034,249$61,820,652$31,375,904$274,995,428
78$599,419,213$64,743,335$32,320,467$301,243,443
79$660,450,087$67,805,873$33,293,318$330,096,066
80$727,702,649$71,015,014$34,295,297$361,815,881
81$801,811,402$74,377,832$35,327,272$396,692,123
82$883,475,565$77,901,746$36,390,136$435,043,383
83$973,465,674$81,594,533$37,484,807$477,220,599
84$1,072,630,855$85,464,347$38,612,230$523,610,350
85$1,181,906,843$89,519,741$39,773,380$574,638,482
86$1,302,324,812$93,769,679$40,969,260$630,774,107
87$1,435,021,113$98,223,564$42,200,900$692,534,006
88$1,581,248,001$102,891,253$43,469,365$760,487,487
89$1,742,385,456$107,783,083$44,775,747$835,261,731
90$1,919,954,211$112,909,892$46,121,173$917,547,686
91$2,115,630,110$118,283,047$47,506,802$1,008,106,563
92$2,331,259,929$123,914,464$48,933,828$1,107,776,995
93$2,568,878,809$129,816,640$50,403,479$1,217,482,917
94$2,830,729,472$136,002,680$51,917,019$1,338,242,265
95$3,119,283,390$142,486,323$53,475,752$1,471,176,544
96$3,437,264,123$149,281,980$55,081,017$1,617,521,388
97$3,787,673,026$156,404,760$56,734,193$1,778,638,181
98$4,173,817,588$163,870,506$58,436,702$1,956,026,876
99$4,599,342,656$171,695,835$60,190,005$2,151,340,116
100$5,068,264,844$179,898,168$61,995,608$2,366,398,789