Can I retire at age 35 with 8,800,000?

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 $8,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$726,696$720,223$713,907$707,743$701,724$692,095
2 years$359,750$353,050$346,557$340,261$334,154$324,470
3 years$237,451$230,722$224,245$218,009$212,001$202,563
4 years$176,314$169,605$163,193$157,063$151,201$142,082
5 years$139,641$132,973$126,645$120,639$114,941$106,166
6 years$115,200$108,582$102,348$96,476$90,949$82,530
7 years$97,749$91,187$85,051$79,318$73,966$65,906
8 years$84,667$78,164$72,130$66,538$61,362$53,659
9 years$74,498$68,056$62,126$56,676$51,675$44,327
10 years$66,367$59,988$54,163$48,855$44,030$37,030
11 years$59,718$53,404$47,684$42,519$37,867$31,209
12 years$54,182$47,932$42,318$37,295$32,815$26,492
13 years$49,501$43,317$37,809$32,925$28,615$22,618
14 years$45,493$39,374$33,971$29,228$25,084$19,403
15 years$42,022$35,969$30,671$26,066$22,086$16,712
16 years$38,987$33,001$27,808$23,339$19,520$14,442
17 years$36,313$30,392$25,304$20,970$17,307$12,516
18 years$33,938$28,084$23,100$18,898$15,389$10,874
19 years$31,816$26,028$21,147$17,076$13,717$9,466
20 years$29,908$24,186$19,407$15,466$12,252$8,255
21 years$28,185$22,529$17,851$14,036$10,964$7,210
22 years$26,620$21,030$16,452$12,762$9,828$6,306
23 years$25,193$19,669$15,191$11,623$8,822$5,521
24 years$23,887$18,428$14,049$10,601$7,929$4,839
25 years$22,688$17,294$13,012$9,681$7,135$4,245
26 years$21,582$16,254$12,068$8,852$6,427$3,726
27 years$20,560$15,296$11,206$8,102$5,795$3,273
28 years$19,613$14,414$10,418$7,423$5,229$2,877
29 years$18,733$13,598$9,695$6,807$4,721$2,530
30 years$17,913$12,842$9,030$6,248$4,266$2,226
31 years$17,147$12,140$8,419$5,738$3,857$1,959
32 years$16,431$11,487$7,855$5,273$3,489$1,725
33 years$15,760$10,878$7,334$4,849$3,157$1,519
34 years$15,129$10,310$6,852$4,462$2,859$1,338
35 years$14,536$9,779$6,407$4,107$2,589$1,179
36 years$13,976$9,281$5,993$3,783$2,346$1,039
37 years$13,449$8,815$5,609$3,485$2,126$916
38 years$12,950$8,378$5,253$3,212$1,928$807
39 years$12,478$7,966$4,922$2,962$1,748$712
40 years$12,031$7,579$4,613$2,732$1,585$628
41 years$11,607$7,215$4,325$2,521$1,438$554
42 years$11,204$6,871$4,057$2,326$1,305$488
43 years$10,820$6,547$3,807$2,147$1,185$431
44 years$10,456$6,240$3,574$1,983$1,075$380
45 years$10,108$5,951$3,356$1,831$976$335
46 years$9,777$5,677$3,152$1,691$886$296
47 years$9,460$5,417$2,961$1,563$805$261
48 years$9,158$5,172$2,783$1,444$731$230
49 years$8,869$4,939$2,615$1,335$664$203
50 years$8,592$4,718$2,459$1,233$603$179

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,800,000, adding $5,906 every year, while hoping to spend $34,028 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: 64/25/11 Blend
34$8,800,000$8,800,000$8,800,000$8,800,000
35$9,703,692$9,237,292$9,100,892$10,300,440
36$10,657,263$9,653,714$9,369,566$11,116,161
37$11,706,958$10,089,400$9,646,101$12,002,278
38$12,862,545$10,545,258$9,930,723$12,969,293
39$14,134,789$11,022,240$10,223,666$14,025,071
40$15,535,550$11,521,342$10,525,171$15,178,268
41$17,077,897$12,043,609$10,835,486$16,438,402
42$18,776,233$12,590,136$11,154,864$17,815,947
43$20,646,424$13,162,068$11,483,568$19,322,425
44$22,705,958$13,760,608$11,821,867$20,970,515
45$24,974,103$14,387,015$12,170,036$22,774,168
46$27,472,091$15,042,608$12,528,362$24,748,737
47$30,223,319$15,728,771$12,897,137$26,911,119
48$33,253,568$16,446,951$13,276,661$29,279,912
49$36,591,247$17,198,667$13,667,245$31,875,586
50$40,267,663$17,985,510$14,069,206$34,720,674
51$44,317,313$18,809,148$14,482,873$37,839,981
52$48,778,211$19,671,329$14,908,581$41,260,814
53$53,692,247$20,573,883$15,346,677$45,013,237
54$59,105,583$21,518,729$15,797,517$49,130,352
55$65,069,086$22,507,881$16,261,468$53,648,602
56$71,638,810$23,543,444$16,738,905$58,608,118
57$78,876,526$24,627,630$17,230,215$64,053,089
58$86,850,301$25,762,754$17,735,797$70,032,174
59$95,635,145$26,951,242$18,256,059$76,598,959
60$105,313,715$28,195,638$18,791,423$83,812,456
61$115,977,099$29,498,609$19,342,320$91,737,655
62$127,725,672$30,862,950$19,909,196$100,446,133
63$140,670,044$32,291,589$20,492,509$110,016,722
64$154,932,108$33,787,596$21,092,727$120,536,248
65$170,646,185$35,354,189$21,710,335$132,100,345
66$187,960,294$36,994,743$22,345,829$144,814,348
67$207,037,550$38,712,791$22,999,721$158,794,286
68$228,057,703$40,512,042$23,672,535$174,167,965
69$251,218,836$42,396,378$24,364,811$191,076,167
70$276,739,230$44,369,874$25,077,106$209,673,975
71$304,859,430$46,436,797$25,809,988$230,132,224
72$335,844,515$48,601,622$26,564,045$252,639,109
73$369,986,594$50,869,041$27,339,879$277,401,949
74$407,607,573$53,243,970$28,138,112$304,649,137
75$449,062,186$55,731,565$28,959,379$334,632,285
76$494,741,346$58,337,229$29,804,335$367,628,588
77$545,075,838$61,066,627$30,673,654$403,943,431
78$600,540,380$63,925,699$31,568,028$443,913,262
79$661,658,110$66,920,669$32,488,168$487,908,752
80$729,005,520$70,058,065$33,434,805$536,338,286
81$803,217,902$73,344,729$34,408,691$589,651,801
82$884,995,343$76,787,836$35,410,596$648,345,025
83$975,109,332$80,394,904$36,441,316$712,964,136
84$1,074,410,050$84,173,820$37,501,665$784,110,911
85$1,183,834,387$88,132,849$38,592,483$862,448,382
86$1,304,414,793$92,280,657$39,714,630$948,707,089
87$1,437,289,023$96,626,331$40,868,992$1,043,691,949
88$1,583,710,879$101,179,397$42,056,478$1,148,289,847
89$1,745,062,043$105,949,841$43,278,024$1,263,477,981
90$1,922,865,124$110,948,136$44,534,591$1,390,333,073
91$2,118,798,032$116,185,260$45,827,165$1,530,041,511
92$2,334,709,818$121,672,724$47,156,762$1,683,910,527
93$2,572,638,128$127,422,597$48,524,423$1,853,380,519
94$2,834,828,446$133,447,533$49,931,219$2,040,038,620
95$3,123,755,285$139,760,800$51,378,253$2,245,633,661
96$3,442,145,553$146,376,308$52,866,653$2,472,092,653
97$3,793,004,296$153,308,644$54,397,583$2,721,538,951
98$4,179,643,068$160,573,101$55,972,235$2,996,312,277
99$4,605,711,193$168,185,715$57,591,837$3,298,990,770
100$5,075,230,220$176,163,300$59,257,648$3,632,415,302