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

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 $8,900,000?

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 $2,753 every year, while hoping to spend $57,520 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: 59/12/29 Blend
34$8,900,000$8,900,000$8,900,000$8,900,000
35$9,810,640$9,338,940$9,200,990$10,311,727
36$10,750,124$9,735,347$9,448,022$11,051,353
37$11,783,508$10,149,250$9,701,402$11,851,428
38$12,920,309$10,581,446$9,961,282$12,722,999
39$14,171,012$11,032,769$10,227,816$13,673,033
40$15,547,171$11,504,090$10,501,164$14,709,201
41$17,061,516$11,996,324$10,781,486$15,839,942
42$18,728,072$12,510,426$11,068,948$17,074,546
43$20,562,296$13,047,397$11,363,718$18,423,238
44$22,581,215$13,608,284$11,665,967$19,897,274
45$24,803,593$14,194,184$11,975,871$21,509,043
46$27,250,105$14,806,245$12,293,609$23,272,186
47$29,943,532$15,445,667$12,619,361$25,201,721
48$32,908,977$16,113,710$12,953,315$27,314,184
49$36,174,101$16,811,690$13,295,659$29,627,781
50$39,769,382$17,540,986$13,646,586$32,162,562
51$43,728,406$18,303,041$14,006,294$34,940,603
52$48,088,181$19,099,367$14,374,982$37,986,216
53$52,889,486$19,931,546$14,752,854$41,326,178
54$58,177,258$20,801,237$15,140,119$44,989,974
55$64,001,013$21,710,173$15,536,989$49,010,084
56$70,415,316$22,660,171$15,943,678$53,422,275
57$77,480,294$23,653,135$16,360,406$58,265,948
58$85,262,202$24,691,056$16,787,398$63,584,499
59$93,834,050$25,776,022$17,224,879$69,425,727
60$103,276,293$26,910,216$17,673,082$75,842,288
61$113,677,586$28,095,928$18,132,242$82,892,183
62$125,135,625$29,335,554$18,602,597$90,639,304
63$137,758,066$30,631,603$19,084,392$99,154,038
64$151,663,542$31,986,705$19,577,872$108,513,922
65$166,982,783$33,403,613$20,083,290$118,804,376
66$183,859,847$34,885,211$20,600,901$130,119,504
67$202,453,484$36,434,519$21,130,964$142,562,979
68$222,938,630$38,054,700$21,673,741$156,249,021
69$245,508,059$39,749,070$22,229,501$171,303,463
70$270,374,206$41,521,099$22,798,514$187,864,945
71$297,771,166$43,374,423$23,381,054$206,086,213
72$327,956,907$45,312,853$23,977,402$226,135,555
73$361,215,706$47,340,377$24,587,840$248,198,389
74$397,860,830$49,461,177$25,212,654$272,479,008
75$438,237,491$51,679,631$25,852,135$299,202,501
76$482,726,110$54,000,328$26,506,576$328,616,876
77$531,745,902$56,428,073$27,176,275$360,995,393
78$585,758,838$58,967,902$27,861,534$396,639,141
79$645,274,000$61,625,091$28,562,657$435,879,871
80$710,852,394$64,405,166$29,279,952$479,083,125
81$783,112,239$67,313,919$30,013,730$526,651,681
82$862,734,803$70,357,418$30,764,306$579,029,344
83$950,470,841$73,542,019$31,531,998$636,705,136
84$1,047,147,672$76,874,383$32,317,126$700,217,898
85$1,153,676,998$80,361,491$33,120,013$770,161,377
86$1,271,063,503$84,010,656$33,940,984$847,189,817
87$1,400,414,343$87,829,540$34,780,369$932,024,132
88$1,542,949,592$91,826,174$35,638,498$1,025,458,701
89$1,700,013,766$96,008,972$36,515,704$1,128,368,861
90$1,873,088,510$100,386,752$37,412,320$1,241,719,158
91$2,063,806,589$104,968,753$38,328,683$1,366,572,448
92$2,273,967,297$109,764,658$39,265,130$1,504,099,917
93$2,505,553,449$114,784,614$40,222,000$1,655,592,132
94$2,760,750,096$120,039,256$41,199,632$1,822,471,209
95$3,041,965,152$125,539,725$42,198,366$2,006,304,231
96$3,351,852,128$131,297,702$43,218,541$2,208,818,032
97$3,693,335,181$137,325,425$44,260,498$2,431,915,482
98$4,069,636,721$143,635,723$45,324,576$2,677,693,446
99$4,484,307,830$150,242,037$46,411,114$2,948,462,562
100$4,941,261,790$157,158,458$47,520,447$3,246,769,041