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%17.8%
1 years$734,954$728,407$722,020$715,786$709,698$687,256
2 years$363,838$357,062$350,495$344,128$337,952$315,544
3 years$240,150$233,344$226,794$220,486$214,410$192,742
4 years$178,317$171,533$165,048$158,848$152,919$132,155
5 years$141,228$134,484$128,084$122,010$116,247$96,443
6 years$116,509$109,816$103,511$97,573$91,982$73,155
7 years$98,860$92,223$86,018$80,220$74,806$56,955
8 years$85,629$79,052$72,950$67,294$62,059$45,171
9 years$75,344$68,829$62,832$57,320$52,263$36,319
10 years$67,121$60,670$54,778$49,410$44,530$29,507
11 years$60,397$54,011$48,226$43,002$38,298$24,168
12 years$54,798$48,477$42,799$37,718$33,188$19,921
13 years$50,064$43,809$38,238$33,300$28,940$16,505
14 years$46,010$39,821$34,357$29,560$25,369$13,731
15 years$42,499$36,377$31,020$26,362$22,337$11,462
16 years$39,430$33,376$28,124$23,604$19,741$9,594
17 years$36,726$30,738$25,592$21,208$17,504$8,049
18 years$34,324$28,403$23,362$19,113$15,564$6,766
19 years$32,178$26,324$21,387$17,270$13,872$5,696
20 years$30,248$24,461$19,628$15,642$12,391$4,801
21 years$28,505$22,785$18,054$14,196$11,089$4,052
22 years$26,922$21,269$16,639$12,907$9,939$3,422
23 years$25,479$19,892$15,363$11,755$8,922$2,893
24 years$24,159$18,638$14,209$10,721$8,019$2,447
25 years$22,946$17,490$13,160$9,791$7,216$2,071
26 years$21,828$16,438$12,205$8,952$6,500$1,754
27 years$20,794$15,470$11,334$8,194$5,860$1,485
28 years$19,836$14,578$10,536$7,508$5,288$1,259
29 years$18,946$13,752$9,805$6,885$4,775$1,067
30 years$18,117$12,988$9,133$6,319$4,314$904
31 years$17,342$12,278$8,514$5,803$3,901$767
32 years$16,618$11,617$7,944$5,333$3,528$650
33 years$15,939$11,002$7,417$4,904$3,193$552
34 years$15,301$10,427$6,930$4,512$2,891$468
35 years$14,701$9,890$6,479$4,154$2,619$397
36 years$14,135$9,387$6,061$3,826$2,373$337
37 years$13,602$8,915$5,673$3,525$2,150$286
38 years$13,097$8,473$5,313$3,249$1,949$243
39 years$12,620$8,057$4,977$2,996$1,768$206
40 years$12,168$7,665$4,665$2,763$1,604$175
41 years$11,739$7,297$4,375$2,549$1,455$148
42 years$11,331$6,949$4,104$2,353$1,320$126
43 years$10,943$6,621$3,851$2,172$1,198$107
44 years$10,574$6,311$3,614$2,005$1,087$91
45 years$10,223$6,018$3,394$1,852$987$77
46 years$9,888$5,741$3,188$1,711$896$65
47 years$9,568$5,479$2,995$1,580$814$55
48 years$9,262$5,230$2,814$1,460$739$47
49 years$8,969$4,995$2,645$1,350$671$40
50 years$8,690$4,771$2,487$1,248$610$34

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 $5,959 every year, while hoping to spend $58,160 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: 79/10/11 Blend
34$8,900,000$8,900,000$8,900,000$8,900,000
35$9,813,947$9,342,247$9,204,297$10,569,670
36$10,753,087$9,738,135$9,450,759$11,462,880
37$11,786,071$10,151,473$9,703,528$12,434,445
38$12,922,409$10,583,053$9,962,755$13,498,640
39$14,172,579$11,033,707$10,228,591$14,664,693
40$15,548,127$11,504,303$10,501,194$15,942,764
41$17,061,774$11,995,752$10,780,722$17,344,043
42$18,727,537$12,509,006$11,067,338$18,880,850
43$20,560,859$13,045,061$11,361,208$20,566,754
44$22,578,759$13,604,961$11,662,500$22,416,699
45$24,799,986$14,189,798$11,971,388$24,447,143
46$27,245,202$14,800,715$12,288,047$26,676,214
47$29,937,171$15,438,909$12,612,655$29,123,875
48$32,900,980$16,105,633$12,945,396$31,812,119
49$36,164,269$16,802,198$13,286,456$34,765,168
50$39,757,496$17,529,977$13,636,024$38,009,705
51$43,714,223$18,290,409$13,994,293$41,575,120
52$48,071,433$19,084,998$14,361,460$45,493,789
53$52,869,876$19,915,319$14,737,726$49,801,380
54$58,154,457$20,783,024$15,123,294$54,537,181
55$63,974,660$21,689,840$15,518,373$59,744,476
56$70,385,009$22,637,576$15,923,172$65,470,948
57$77,445,589$23,628,127$16,337,907$71,769,129
58$85,222,610$24,663,476$16,762,798$78,696,893
59$93,789,030$25,745,700$17,198,066$86,318,000
60$103,225,247$26,876,975$17,643,937$94,702,696
61$113,619,855$28,059,580$18,100,641$103,928,375
62$125,070,480$29,295,899$18,568,413$114,080,306
63$137,684,703$30,588,432$19,047,489$125,252,437
64$151,581,074$31,939,796$19,538,111$137,548,275
65$166,890,229$33,352,732$20,040,523$151,081,867
66$183,756,126$34,830,110$20,554,974$165,978,869
67$202,337,402$36,374,936$21,081,717$182,377,732
68$222,808,870$37,990,361$21,621,008$200,431,005
69$245,363,169$39,679,683$22,173,106$220,306,771
70$270,212,582$41,446,358$22,738,275$242,190,232
71$297,591,040$43,294,004$23,316,782$266,285,454
72$327,756,329$45,226,413$23,908,897$292,817,290
73$360,992,524$47,247,556$24,514,894$322,033,499
74$397,612,670$49,361,595$25,135,052$354,207,078
75$437,961,736$51,572,888$25,769,650$389,638,842
76$482,419,874$53,885,999$26,418,973$428,660,254
77$531,406,001$56,305,714$27,083,309$471,636,551
78$585,381,762$58,837,042$27,762,949$518,970,189
79$644,855,879$61,485,235$28,458,185$571,104,639
80$710,388,959$64,255,792$29,169,315$628,528,564
81$782,598,784$67,154,476$29,896,637$691,780,431
82$862,166,140$70,187,326$30,640,455$761,453,588
83$949,841,248$73,360,667$31,401,072$838,201,862
84$1,046,450,844$76,681,128$32,178,797$922,745,722
85$1,152,905,980$80,155,654$32,973,937$1,015,879,079
86$1,270,210,631$83,791,521$33,786,805$1,118,476,770
87$1,399,471,166$87,596,356$34,617,713$1,231,502,815
88$1,541,906,796$91,578,148$35,466,977$1,356,019,509
89$1,698,861,081$95,745,270$36,334,913$1,493,197,444
90$1,871,814,617$100,106,493$37,221,838$1,644,326,555
91$2,062,399,009$104,671,013$38,128,071$1,810,828,286
92$2,272,412,277$109,448,462$39,053,930$1,994,269,005
93$2,503,835,828$114,448,935$39,999,736$2,196,374,781
94$2,758,853,163$119,683,013$40,965,807$2,419,047,673
95$3,039,870,487$125,161,783$41,952,464$2,664,383,676
96$3,349,539,429$130,896,863$42,960,024$2,934,692,501
97$3,690,782,071$136,900,429$43,988,804$3,232,519,369
98$4,066,818,535$143,185,243$45,039,123$3,560,669,029
99$4,481,197,385$149,764,679$46,111,292$3,922,232,230
100$4,937,829,123$156,652,753$47,205,625$4,320,614,883