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%16.7%
1 years$726,696$720,223$713,907$707,743$701,724$682,546
2 years$359,750$353,050$346,557$340,261$334,154$314,973
3 years$237,451$230,722$224,245$218,009$212,001$193,417
4 years$176,314$169,605$163,193$157,063$151,201$133,356
5 years$139,641$132,973$126,645$120,639$114,941$97,885
6 years$115,200$108,582$102,348$96,476$90,949$74,698
7 years$97,749$91,187$85,051$79,318$73,966$58,520
8 years$84,667$78,164$72,130$66,538$61,362$46,714
9 years$74,498$68,056$62,126$56,676$51,675$37,812
10 years$66,367$59,988$54,163$48,855$44,030$30,932
11 years$59,718$53,404$47,684$42,519$37,867$25,515
12 years$54,182$47,932$42,318$37,295$32,815$21,185
13 years$49,501$43,317$37,809$32,925$28,615$17,683
14 years$45,493$39,374$33,971$29,228$25,084$14,824
15 years$42,022$35,969$30,671$26,066$22,086$12,470
16 years$38,987$33,001$27,808$23,339$19,520$10,521
17 years$36,313$30,392$25,304$20,970$17,307$8,898
18 years$33,938$28,084$23,100$18,898$15,389$7,540
19 years$31,816$26,028$21,147$17,076$13,717$6,401
20 years$29,908$24,186$19,407$15,466$12,252$5,441
21 years$28,185$22,529$17,851$14,036$10,964$4,631
22 years$26,620$21,030$16,452$12,762$9,828$3,945
23 years$25,193$19,669$15,191$11,623$8,822$3,364
24 years$23,887$18,428$14,049$10,601$7,929$2,870
25 years$22,688$17,294$13,012$9,681$7,135$2,451
26 years$21,582$16,254$12,068$8,852$6,427$2,094
27 years$20,560$15,296$11,206$8,102$5,795$1,789
28 years$19,613$14,414$10,418$7,423$5,229$1,530
29 years$18,733$13,598$9,695$6,807$4,721$1,308
30 years$17,913$12,842$9,030$6,248$4,266$1,119
31 years$17,147$12,140$8,419$5,738$3,857$958
32 years$16,431$11,487$7,855$5,273$3,489$820
33 years$15,760$10,878$7,334$4,849$3,157$702
34 years$15,129$10,310$6,852$4,462$2,859$601
35 years$14,536$9,779$6,407$4,107$2,589$514
36 years$13,976$9,281$5,993$3,783$2,346$441
37 years$13,449$8,815$5,609$3,485$2,126$377
38 years$12,950$8,378$5,253$3,212$1,928$323
39 years$12,478$7,966$4,922$2,962$1,748$277
40 years$12,031$7,579$4,613$2,732$1,585$237
41 years$11,607$7,215$4,325$2,521$1,438$203
42 years$11,204$6,871$4,057$2,326$1,305$174
43 years$10,820$6,547$3,807$2,147$1,185$149
44 years$10,456$6,240$3,574$1,983$1,075$128
45 years$10,108$5,951$3,356$1,831$976$109
46 years$9,777$5,677$3,152$1,691$886$94
47 years$9,460$5,417$2,961$1,563$805$80
48 years$9,158$5,172$2,783$1,444$731$69
49 years$8,869$4,939$2,615$1,335$664$59
50 years$8,592$4,718$2,459$1,233$603$51

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 $2,785 every year, while hoping to spend $51,066 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: 55/38/7 Blend
34$8,800,000$8,800,000$8,800,000$8,800,000
35$9,700,473$9,234,073$9,097,673$10,218,292
36$10,635,587$9,632,208$9,348,111$10,966,297
37$11,664,372$10,048,141$9,605,227$11,774,375
38$12,796,327$10,482,689$9,869,192$12,652,905
39$14,041,920$10,936,709$10,140,178$13,608,586
40$15,412,686$11,411,098$10,418,364$14,648,778
41$16,921,332$11,906,794$10,703,931$15,781,571
42$18,581,862$12,424,781$10,997,066$17,015,859
43$20,409,704$12,966,087$11,297,960$18,361,416
44$22,421,859$13,531,791$11,606,807$19,828,992
45$24,637,061$14,123,020$11,923,807$21,430,404
46$27,075,950$14,740,958$12,249,164$23,178,650
47$29,761,273$15,386,841$12,583,087$25,088,023
48$32,718,091$16,061,964$12,925,789$27,174,246
49$35,974,021$16,767,685$13,277,488$29,454,615
50$39,559,495$17,505,425$13,638,407$31,948,157
51$43,508,045$18,276,673$14,008,775$34,675,806
52$47,856,622$19,082,986$14,388,825$37,660,596
53$52,645,942$19,925,997$14,778,796$40,927,873
54$57,920,874$20,807,417$15,178,931$44,505,531
55$63,730,857$21,729,034$15,589,479$48,424,269
56$70,130,373$22,692,726$16,010,696$52,717,873
57$77,179,458$23,700,456$16,442,841$57,423,534
58$84,944,266$24,754,282$16,886,180$62,582,187
59$93,497,699$25,856,359$17,340,984$68,238,896
60$102,920,089$27,008,946$17,807,532$74,443,272
61$113,299,960$28,214,406$18,286,106$81,249,933
62$124,734,862$29,475,218$18,776,997$88,719,011
63$137,332,290$30,793,975$19,280,498$96,916,717
64$151,210,702$32,173,398$19,796,913$105,915,953
65$166,500,633$33,616,334$20,326,549$115,796,994
66$183,345,930$35,125,767$20,869,721$126,648,238
67$201,905,107$36,704,822$21,426,749$138,567,032
68$222,352,845$38,356,775$21,997,962$151,660,576
69$244,881,634$40,085,056$22,583,692$166,046,933
70$269,703,596$41,893,260$23,184,282$181,856,127
71$297,052,486$43,785,153$23,800,079$199,231,364
72$327,185,896$45,764,681$24,431,437$218,330,369
73$360,387,685$47,835,978$25,078,718$239,326,865
74$396,970,666$50,003,378$25,742,292$262,412,200
75$437,279,548$52,271,418$26,422,533$287,797,140
76$481,694,200$54,644,855$27,119,826$315,713,848
77$530,633,228$57,128,673$27,834,560$346,418,056
78$584,557,934$59,728,094$28,567,134$380,191,470
79$643,976,663$62,448,590$29,317,952$417,344,409
80$709,449,607$65,295,896$30,087,429$458,218,722
81$781,594,093$68,276,021$30,875,983$503,190,996
82$861,090,406$71,395,261$31,684,044$552,676,095
83$948,688,214$74,660,216$32,512,047$607,131,054
84$1,045,213,647$78,077,802$33,360,435$667,059,380
85$1,151,577,090$81,655,265$34,229,661$733,015,780
86$1,268,781,781$85,400,201$35,120,182$805,611,377
87$1,397,933,281$89,320,569$36,032,467$885,519,460
88$1,540,249,911$93,424,712$36,966,989$973,481,812
89$1,697,074,250$97,721,372$37,924,233$1,070,315,692
90$1,869,885,817$102,219,712$38,904,687$1,176,921,524
91$2,060,315,028$106,929,335$39,908,852$1,294,291,369
92$2,270,158,595$111,860,307$40,937,233$1,423,518,264
93$2,501,396,486$117,023,177$41,990,345$1,565,806,509
94$2,756,210,617$122,429,001$43,068,710$1,722,483,010
95$3,037,005,446$128,089,369$44,172,859$1,895,009,769
96$3,346,430,681$134,016,428$45,303,329$2,084,997,654
97$3,687,406,287$140,222,908$46,460,666$2,294,221,571
98$4,063,150,053$146,722,157$47,645,424$2,524,637,185
99$4,477,207,977$153,528,160$48,858,163$2,778,399,339
100$4,933,487,732$160,655,581$50,099,453$3,057,882,363