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%19.7%
1 years$734,954$728,407$722,020$715,786$709,698$682,079
2 years$363,838$357,062$350,495$344,128$337,952$310,459
3 years$240,150$233,344$226,794$220,486$214,410$187,910
4 years$178,317$171,533$165,048$158,848$152,919$127,614
5 years$141,228$134,484$128,084$122,010$116,247$92,200
6 years$116,509$109,816$103,511$97,573$91,982$69,210
7 years$98,860$92,223$86,018$80,220$74,806$53,301
8 years$85,629$79,052$72,950$67,294$62,059$41,800
9 years$75,344$68,829$62,832$57,320$52,263$33,220
10 years$67,121$60,670$54,778$49,410$44,530$26,668
11 years$60,397$54,011$48,226$43,002$38,298$21,574
12 years$54,798$48,477$42,799$37,718$33,188$17,559
13 years$50,064$43,809$38,238$33,300$28,940$14,361
14 years$46,010$39,821$34,357$29,560$25,369$11,790
15 years$42,499$36,377$31,020$26,362$22,337$9,709
16 years$39,430$33,376$28,124$23,604$19,741$8,016
17 years$36,726$30,738$25,592$21,208$17,504$6,632
18 years$34,324$28,403$23,362$19,113$15,564$5,496
19 years$32,178$26,324$21,387$17,270$13,872$4,560
20 years$30,248$24,461$19,628$15,642$12,391$3,789
21 years$28,505$22,785$18,054$14,196$11,089$3,151
22 years$26,922$21,269$16,639$12,907$9,939$2,622
23 years$25,479$19,892$15,363$11,755$8,922$2,183
24 years$24,159$18,638$14,209$10,721$8,019$1,819
25 years$22,946$17,490$13,160$9,791$7,216$1,516
26 years$21,828$16,438$12,205$8,952$6,500$1,265
27 years$20,794$15,470$11,334$8,194$5,860$1,055
28 years$19,836$14,578$10,536$7,508$5,288$880
29 years$18,946$13,752$9,805$6,885$4,775$734
30 years$18,117$12,988$9,133$6,319$4,314$613
31 years$17,342$12,278$8,514$5,803$3,901$512
32 years$16,618$11,617$7,944$5,333$3,528$427
33 years$15,939$11,002$7,417$4,904$3,193$357
34 years$15,301$10,427$6,930$4,512$2,891$298
35 years$14,701$9,890$6,479$4,154$2,619$249
36 years$14,135$9,387$6,061$3,826$2,373$208
37 years$13,602$8,915$5,673$3,525$2,150$174
38 years$13,097$8,473$5,313$3,249$1,949$145
39 years$12,620$8,057$4,977$2,996$1,768$121
40 years$12,168$7,665$4,665$2,763$1,604$101
41 years$11,739$7,297$4,375$2,549$1,455$84
42 years$11,331$6,949$4,104$2,353$1,320$71
43 years$10,943$6,621$3,851$2,172$1,198$59
44 years$10,574$6,311$3,614$2,005$1,087$49
45 years$10,223$6,018$3,394$1,852$987$41
46 years$9,888$5,741$3,188$1,711$896$34
47 years$9,568$5,479$2,995$1,580$814$29
48 years$9,262$5,230$2,814$1,460$739$24
49 years$8,969$4,995$2,645$1,350$671$20
50 years$8,690$4,771$2,487$1,248$610$17

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 $4,966 every year, while hoping to spend $21,152 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: 42/39/19 Blend
34$8,900,000$8,900,000$8,900,000$8,900,000
35$9,812,922$9,341,222$9,203,272$10,170,251
36$10,791,335$9,776,437$9,489,076$10,859,159
37$11,868,837$10,232,268$9,783,746$11,602,267
38$13,055,512$10,709,703$10,087,556$12,406,539
39$14,362,474$11,209,778$10,400,789$13,277,598
40$15,801,969$11,733,580$10,723,737$14,221,615
41$17,387,489$12,282,244$11,056,702$15,245,359
42$19,133,904$12,856,966$11,399,993$16,356,261
43$21,057,600$13,458,995$11,753,930$17,562,480
44$23,176,632$14,089,642$12,118,844$18,872,973
45$25,510,897$14,750,283$12,495,073$20,297,579
46$28,082,319$15,442,358$12,882,969$21,847,104
47$30,915,060$16,167,378$13,282,893$23,533,420
48$34,035,744$16,926,926$13,695,217$25,369,570
49$37,473,708$17,722,664$14,120,325$27,369,889
50$41,261,284$18,556,333$14,558,614$29,550,129
51$45,434,098$19,429,756$15,010,491$31,927,609
52$50,031,410$20,344,849$15,476,377$34,521,363
53$55,096,484$21,303,616$15,956,705$37,352,322
54$60,676,995$22,308,162$16,451,924$40,443,501
55$66,825,478$23,360,692$16,962,493$43,820,209
56$73,599,829$24,463,518$17,488,889$47,510,279
57$81,063,845$25,619,064$18,031,600$51,544,330
58$89,287,831$26,829,872$18,591,133$55,956,039
59$98,349,262$28,098,608$19,168,007$60,782,457
60$108,333,511$29,428,064$19,762,760$66,064,349
61$119,334,662$30,821,172$20,375,945$71,846,565
62$131,456,390$32,281,002$21,008,133$78,178,462
63$144,812,948$33,810,777$21,659,910$85,114,352
64$159,530,236$35,413,872$22,331,885$92,714,008
65$175,746,998$37,093,830$23,024,681$101,043,218
66$193,616,127$38,854,363$23,738,943$110,174,393
67$213,306,110$40,699,365$24,475,336$120,187,237
68$235,002,617$42,632,917$25,234,543$131,169,493
69$258,910,255$44,659,301$26,017,271$143,217,749
70$285,254,499$46,783,005$26,824,248$156,438,344
71$314,283,821$49,008,736$27,656,224$170,948,354
72$346,272,035$51,341,428$28,513,972$186,876,682
73$381,520,882$53,786,258$29,398,289$204,365,259
74$420,362,878$56,348,650$30,309,997$223,570,369
75$463,164,453$59,034,296$31,249,944$244,664,105
76$510,329,413$61,849,162$32,219,003$267,835,977
77$562,302,748$64,799,506$33,218,074$293,294,680
78$619,574,834$67,891,888$34,248,086$321,270,048
79$682,686,066$71,133,188$35,309,995$352,015,199
80$752,231,952$74,530,623$36,404,788$385,808,904
81$828,868,745$78,091,756$37,533,482$422,958,198
82$913,319,628$81,824,523$38,697,124$463,801,251
83$1,006,381,548$85,737,243$39,896,796$508,710,538
84$1,108,932,739$89,838,641$41,133,612$558,096,330
85$1,221,941,010$94,137,866$42,408,719$612,410,535
86$1,346,472,884$98,644,513$43,723,303$672,150,941
87$1,483,703,667$103,368,643$45,078,582$737,865,883
88$1,634,928,542$108,320,807$46,475,816$810,159,388
89$1,801,574,798$113,512,071$47,916,300$889,696,843
90$1,985,215,303$118,954,039$49,401,372$977,211,245
91$2,187,583,357$124,658,880$50,932,411$1,073,510,083
92$2,410,589,049$130,639,354$52,510,836$1,179,482,923
93$2,656,337,295$136,908,846$54,138,112$1,296,109,768
94$2,927,147,710$143,481,390$55,815,750$1,424,470,267
95$3,225,576,503$150,371,705$57,545,304$1,565,753,863
96$3,554,440,614$157,595,227$59,328,380$1,721,270,979
97$3,916,844,307$165,168,143$61,166,631$1,892,465,340
98$4,316,208,476$173,107,431$63,061,762$2,080,927,552
99$4,756,302,940$181,430,895$65,015,531$2,288,410,069
100$5,241,282,037$190,157,206$67,029,749$2,516,843,680