Can I retire at age 35 with 8,900,000?

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 $8,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$734,954$728,407$722,020$715,786$709,698$702,579
2 years$363,838$357,062$350,495$344,128$337,952$330,781
3 years$240,150$233,344$226,794$220,486$214,410$207,411
4 years$178,317$171,533$165,048$158,848$152,919$146,145
5 years$141,228$134,484$128,084$122,010$116,247$109,718
6 years$116,509$109,816$103,511$97,573$91,982$85,706
7 years$98,860$92,223$86,018$80,220$74,806$68,785
8 years$85,629$79,052$72,950$67,294$62,059$56,294
9 years$75,344$68,829$62,832$57,320$52,263$46,751
10 years$67,121$60,670$54,778$49,410$44,530$39,268
11 years$60,397$54,011$48,226$43,002$38,298$33,281
12 years$54,798$48,477$42,799$37,718$33,188$28,412
13 years$50,064$43,809$38,238$33,300$28,940$24,400
14 years$46,010$39,821$34,357$29,560$25,369$21,058
15 years$42,499$36,377$31,020$26,362$22,337$18,248
16 years$39,430$33,376$28,124$23,604$19,741$15,868
17 years$36,726$30,738$25,592$21,208$17,504$13,839
18 years$34,324$28,403$23,362$19,113$15,564$12,101
19 years$32,178$26,324$21,387$17,270$13,872$10,603
20 years$30,248$24,461$19,628$15,642$12,391$9,308
21 years$28,505$22,785$18,054$14,196$11,089$8,185
22 years$26,922$21,269$16,639$12,907$9,939$7,207
23 years$25,479$19,892$15,363$11,755$8,922$6,354
24 years$24,159$18,638$14,209$10,721$8,019$5,608
25 years$22,946$17,490$13,160$9,791$7,216$4,954
26 years$21,828$16,438$12,205$8,952$6,500$4,380
27 years$20,794$15,470$11,334$8,194$5,860$3,876
28 years$19,836$14,578$10,536$7,508$5,288$3,431
29 years$18,946$13,752$9,805$6,885$4,775$3,039
30 years$18,117$12,988$9,133$6,319$4,314$2,694
31 years$17,342$12,278$8,514$5,803$3,901$2,388
32 years$16,618$11,617$7,944$5,333$3,528$2,119
33 years$15,939$11,002$7,417$4,904$3,193$1,880
34 years$15,301$10,427$6,930$4,512$2,891$1,668
35 years$14,701$9,890$6,479$4,154$2,619$1,481
36 years$14,135$9,387$6,061$3,826$2,373$1,315
37 years$13,602$8,915$5,673$3,525$2,150$1,168
38 years$13,097$8,473$5,313$3,249$1,949$1,038
39 years$12,620$8,057$4,977$2,996$1,768$922
40 years$12,168$7,665$4,665$2,763$1,604$819
41 years$11,739$7,297$4,375$2,549$1,455$728
42 years$11,331$6,949$4,104$2,353$1,320$647
43 years$10,943$6,621$3,851$2,172$1,198$575
44 years$10,574$6,311$3,614$2,005$1,087$512
45 years$10,223$6,018$3,394$1,852$987$455
46 years$9,888$5,741$3,188$1,711$896$404
47 years$9,568$5,479$2,995$1,580$814$360
48 years$9,262$5,230$2,814$1,460$739$320
49 years$8,969$4,995$2,645$1,350$671$284
50 years$8,690$4,771$2,487$1,248$610$253

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,900,000, adding $6,302 every year, while hoping to spend $35,713 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: 82/7/11 Blend
34$8,900,000$8,900,000$8,900,000$8,900,000
35$9,814,301$9,342,601$9,204,651$10,600,462
36$10,777,361$9,762,390$9,475,008$11,536,321
37$11,837,456$10,201,551$9,753,225$12,558,252
38$13,004,447$10,660,997$10,039,529$13,679,188
39$14,289,197$11,141,683$10,334,149$14,909,046
40$15,703,678$11,644,608$10,637,326$16,258,744
41$17,261,081$12,170,822$10,949,304$17,740,305
42$18,975,941$12,721,422$11,270,336$19,366,976
43$20,864,276$13,297,560$11,600,681$21,153,342
44$22,943,733$13,900,442$11,940,605$23,115,471
45$25,233,761$14,531,330$12,290,382$25,271,062
46$27,755,789$15,191,550$12,650,295$27,639,608
47$30,533,432$15,882,489$13,020,632$30,242,583
48$33,592,711$16,605,600$13,401,692$33,103,642
49$36,962,300$17,362,407$13,793,781$36,248,842
50$40,673,796$18,154,506$14,197,214$39,706,888
51$44,762,016$18,983,570$14,612,314$43,509,404
52$49,265,329$19,851,352$15,039,414$47,691,227
53$54,226,014$20,759,690$15,478,856$52,290,736
54$59,690,661$21,710,508$15,930,991$57,350,213
55$65,710,610$22,705,825$16,396,181$62,916,241
56$72,342,437$23,747,754$16,874,797$69,040,141
57$79,648,483$24,838,512$17,367,221$75,778,454
58$87,697,451$25,980,422$17,873,845$83,193,478
59$96,565,046$27,175,917$18,395,073$91,353,847
60$106,334,692$28,427,549$18,931,320$100,335,183
61$117,098,323$29,737,990$19,483,011$110,220,803
62$128,957,245$31,110,045$20,050,585$121,102,510
63$142,023,096$32,546,650$20,634,492$133,081,450
64$156,418,899$34,050,882$21,235,194$146,269,071
65$172,280,221$35,625,970$21,853,168$160,788,168
66$189,756,456$37,275,295$22,488,901$176,774,043
67$209,012,231$39,002,401$23,142,897$194,375,779
68$230,228,966$40,811,006$23,815,670$213,757,643
69$253,606,578$42,705,003$24,507,753$235,100,637
70$279,365,375$44,688,474$25,219,689$258,604,202
71$307,748,134$46,765,700$25,952,040$284,488,098
72$339,022,391$48,941,167$26,705,380$312,994,477
73$373,482,966$51,219,575$27,480,301$344,390,163
74$411,454,749$53,605,854$28,277,412$378,969,171
75$453,295,764$56,105,172$29,097,335$417,055,477
76$499,400,550$58,722,944$29,940,715$459,006,072
77$550,203,886$61,464,848$30,808,209$505,214,334
78$606,184,894$64,336,837$31,700,495$556,113,728
79$667,871,561$67,345,149$32,618,269$612,181,905
80$735,845,725$70,496,328$33,562,247$673,945,199
81$810,748,570$73,797,228$34,533,163$741,983,595
82$893,286,672$77,255,040$35,531,772$816,936,198
83$984,238,676$80,877,300$36,558,849$899,507,264
84$1,084,462,642$84,671,909$37,615,191$990,472,844
85$1,194,904,148$88,647,150$38,701,617$1,090,688,100
86$1,316,605,217$92,811,706$39,818,968$1,201,095,380
87$1,450,714,152$97,174,682$40,968,106$1,322,733,104
88$1,598,496,377$101,745,623$42,149,919$1,456,745,560
89$1,761,346,385$106,534,536$43,365,318$1,604,393,709
90$1,940,800,899$111,551,912$44,615,240$1,767,067,072
91$2,138,553,386$116,808,750$45,900,645$1,946,296,849
92$2,356,470,036$122,316,583$47,222,522$2,143,770,367
93$2,596,607,387$128,087,503$48,581,883$2,361,346,997
94$2,861,231,736$134,134,187$49,979,772$2,601,075,707
95$3,152,840,536$140,469,925$51,417,257$2,865,214,394
96$3,474,185,973$147,108,654$52,895,438$3,156,251,190
97$3,828,300,950$154,064,985$54,415,443$3,476,927,951
98$4,218,527,716$161,354,239$55,978,429$3,830,266,125
99$4,648,549,425$168,992,478$57,585,589$4,219,595,271
100$5,122,424,902$176,996,546$59,238,142$4,648,584,483