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

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 $8,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$726,696$720,223$713,907$707,743$701,724$677,366
2 years$359,750$353,050$346,557$340,261$334,154$309,865
3 years$237,451$230,722$224,245$218,009$212,001$188,545
4 years$176,314$169,605$163,193$157,063$151,201$128,757
5 years$139,641$132,973$126,645$120,639$114,941$93,567
6 years$115,200$108,582$102,348$96,476$90,949$70,663
7 years$97,749$91,187$85,051$79,318$73,966$54,764
8 years$84,667$78,164$72,130$66,538$61,362$43,229
9 years$74,498$68,056$62,126$56,676$51,675$34,588
10 years$66,367$59,988$54,163$48,855$44,030$27,960
11 years$59,718$53,404$47,684$42,519$37,867$22,782
12 years$54,182$47,932$42,318$37,295$32,815$18,679
13 years$49,501$43,317$37,809$32,925$28,615$15,392
14 years$45,493$39,374$33,971$29,228$25,084$12,734
15 years$42,022$35,969$30,671$26,066$22,086$10,569
16 years$38,987$33,001$27,808$23,339$19,520$8,796
17 years$36,313$30,392$25,304$20,970$17,307$7,336
18 years$33,938$28,084$23,100$18,898$15,389$6,130
19 years$31,816$26,028$21,147$17,076$13,717$5,129
20 years$29,908$24,186$19,407$15,466$12,252$4,297
21 years$28,185$22,529$17,851$14,036$10,964$3,604
22 years$26,620$21,030$16,452$12,762$9,828$3,025
23 years$25,193$19,669$15,191$11,623$8,822$2,541
24 years$23,887$18,428$14,049$10,601$7,929$2,136
25 years$22,688$17,294$13,012$9,681$7,135$1,796
26 years$21,582$16,254$12,068$8,852$6,427$1,511
27 years$20,560$15,296$11,206$8,102$5,795$1,272
28 years$19,613$14,414$10,418$7,423$5,229$1,071
29 years$18,733$13,598$9,695$6,807$4,721$902
30 years$17,913$12,842$9,030$6,248$4,266$759
31 years$17,147$12,140$8,419$5,738$3,857$640
32 years$16,431$11,487$7,855$5,273$3,489$539
33 years$15,760$10,878$7,334$4,849$3,157$454
34 years$15,129$10,310$6,852$4,462$2,859$383
35 years$14,536$9,779$6,407$4,107$2,589$322
36 years$13,976$9,281$5,993$3,783$2,346$272
37 years$13,449$8,815$5,609$3,485$2,126$229
38 years$12,950$8,378$5,253$3,212$1,928$193
39 years$12,478$7,966$4,922$2,962$1,748$163
40 years$12,031$7,579$4,613$2,732$1,585$137
41 years$11,607$7,215$4,325$2,521$1,438$116
42 years$11,204$6,871$4,057$2,326$1,305$98
43 years$10,820$6,547$3,807$2,147$1,185$82
44 years$10,456$6,240$3,574$1,983$1,075$69
45 years$10,108$5,951$3,356$1,831$976$58
46 years$9,777$5,677$3,152$1,691$886$49
47 years$9,460$5,417$2,961$1,563$805$42
48 years$9,158$5,172$2,783$1,444$731$35
49 years$8,869$4,939$2,615$1,335$664$30
50 years$8,592$4,718$2,459$1,233$603$25

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 $3,880 every year, while hoping to spend $31,535 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: 66/8/26 Blend
34$8,800,000$8,800,000$8,800,000$8,800,000
35$9,701,602$9,235,202$9,098,802$10,275,807
36$10,657,613$9,654,174$9,370,059$11,082,184
37$11,710,079$10,092,619$9,649,346$11,959,590
38$12,868,807$10,551,457$9,936,899$12,918,217
39$14,144,601$11,031,654$10,232,961$13,966,070
40$15,549,365$11,534,220$10,537,780$15,111,960
41$17,096,220$12,060,216$10,851,615$16,365,586
42$18,799,619$12,610,751$11,174,728$17,737,625
43$20,675,491$13,186,989$11,507,393$19,239,835
44$22,741,390$13,790,150$11,849,889$20,885,159
45$25,016,655$14,421,511$12,202,504$22,687,848
46$27,522,601$15,082,412$12,565,535$24,663,597
47$30,282,711$15,774,255$12,939,286$26,829,686
48$33,322,866$16,498,512$13,324,070$29,205,145
49$36,671,584$17,256,725$13,720,212$31,810,934
50$40,360,289$18,050,508$14,128,042$34,670,132
51$44,423,611$18,881,555$14,547,904$37,808,159
52$48,899,708$19,751,640$14,980,147$41,253,015
53$53,830,631$20,662,623$15,425,135$45,035,535
54$59,262,717$21,616,454$15,883,240$49,189,686
55$65,247,030$22,615,175$16,354,843$53,752,881
56$71,839,837$23,660,928$16,840,340$58,766,331
57$79,103,144$24,755,959$17,340,136$64,275,432
58$87,105,283$25,902,618$17,854,648$70,330,192
59$95,921,548$27,103,372$18,384,305$76,985,696
60$105,634,915$28,360,807$18,929,549$84,302,631
61$116,336,821$29,677,631$19,490,833$92,347,850
62$128,128,026$31,056,685$20,068,626$101,195,002
63$141,119,567$32,500,945$20,663,407$110,925,225
64$155,433,804$34,013,531$21,275,672$121,627,908
65$171,205,573$35,597,716$21,905,929$133,401,534
66$188,583,466$37,256,928$22,554,701$146,354,603
67$207,731,223$38,994,762$23,222,527$160,606,655
68$228,829,287$40,814,984$23,909,962$176,289,394
69$252,076,503$42,721,547$24,617,574$193,547,927
70$277,691,993$44,718,590$25,345,949$212,542,135
71$305,917,229$46,810,453$26,095,692$233,448,168
72$337,018,310$49,001,689$26,867,421$256,460,117
73$371,288,474$51,297,068$27,661,775$281,791,829
74$409,050,864$53,701,590$28,479,411$309,678,931
75$450,661,583$56,220,499$29,321,002$340,381,045
76$496,513,053$58,859,292$30,187,244$374,184,235
77$547,037,719$61,623,732$31,078,851$411,403,703
78$602,712,131$64,519,860$31,996,558$452,386,758
79$664,061,445$67,554,009$32,941,119$497,516,090
80$731,664,378$70,732,822$33,913,312$547,213,380
81$806,158,674$74,063,259$34,913,937$601,943,270
82$888,247,120$77,552,620$35,943,815$662,217,746
83$978,704,186$81,208,558$37,003,793$728,600,964
84$1,078,383,333$85,039,097$38,094,739$801,714,571
85$1,188,225,068$89,052,649$39,217,549$882,243,564
86$1,309,265,830$93,258,033$40,373,142$970,942,753
87$1,442,647,767$97,664,499$41,562,464$1,068,643,874
88$1,589,629,521$102,281,741$42,786,488$1,176,263,441
89$1,751,598,111$107,119,926$44,046,215$1,294,811,382
90$1,930,082,029$112,189,713$45,342,674$1,425,400,571
91$2,126,765,666$117,502,278$46,676,923$1,569,257,320
92$2,343,505,214$123,069,340$48,050,050$1,727,732,955
93$2,582,346,194$128,903,186$49,463,175$1,902,316,553
94$2,845,542,762$135,016,698$50,917,448$2,094,649,000
95$3,135,578,994$141,423,387$52,414,052$2,306,538,464
96$3,455,192,334$148,137,415$53,954,206$2,539,977,461
97$3,807,399,439$155,173,636$55,539,159$2,797,161,649
98$4,195,524,661$162,547,622$57,170,199$3,080,510,547
99$4,623,231,424$170,275,704$58,848,649$3,392,690,366
100$5,094,556,820$178,375,004$60,575,870$3,736,639,164