Can I retire at age 35 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$809,275$802,066$795,033$788,169$781,466$753,739
2 years$400,631$393,170$385,938$378,927$372,127$344,488
3 years$264,434$256,941$249,728$242,782$236,092$209,410
4 years$196,349$188,879$181,738$174,911$168,383$142,861
5 years$155,509$148,083$141,036$134,348$128,002$103,708
6 years$128,291$120,921$113,978$107,440$101,284$78,235
7 years$108,857$101,549$94,716$88,332$82,371$60,563
8 years$94,288$87,047$80,327$74,099$68,335$47,749
9 years$82,963$75,790$69,186$63,116$57,548$38,158
10 years$73,908$66,805$60,318$54,407$49,033$30,807
11 years$66,505$59,472$53,103$47,350$42,170$25,069
12 years$60,339$53,379$47,127$41,533$36,544$20,527
13 years$55,126$48,239$42,105$36,667$31,867$16,892
14 years$50,662$43,848$37,832$32,549$27,934$13,955
15 years$46,797$40,056$34,157$29,028$24,596$11,567
16 years$43,418$36,751$30,968$25,991$21,738$9,612
17 years$40,439$33,846$28,180$23,353$19,274$8,005
18 years$37,795$31,275$25,725$21,046$17,138$6,679
19 years$35,431$28,986$23,550$19,017$15,275$5,580
20 years$33,307$26,935$21,613$17,223$13,644$4,668
21 years$31,388$25,089$19,879$15,631$12,210$3,909
22 years$29,645$23,419$18,322$14,212$10,944$3,276
23 years$28,056$21,904$16,917$12,943$9,824$2,748
24 years$26,602$20,522$15,645$11,805$8,830$2,306
25 years$25,266$19,259$14,491$10,781$7,946$1,936
26 years$24,035$18,101$13,440$9,858$7,157$1,626
27 years$22,897$17,035$12,480$9,023$6,453$1,366
28 years$21,842$16,052$11,602$8,267$5,823$1,148
29 years$20,862$15,143$10,796$7,581$5,258$965
30 years$19,949$14,301$10,056$6,958$4,751$812
31 years$19,096$13,519$9,375$6,390$4,295$683
32 years$18,298$12,792$8,747$5,872$3,885$574
33 years$17,550$12,114$8,167$5,400$3,516$483
34 years$16,848$11,481$7,631$4,969$3,183$406
35 years$16,187$10,890$7,135$4,574$2,883$342
36 years$15,565$10,336$6,674$4,213$2,612$288
37 years$14,977$9,817$6,247$3,881$2,368$242
38 years$14,422$9,330$5,850$3,577$2,147$204
39 years$13,896$8,872$5,481$3,299$1,947$171
40 years$13,398$8,441$5,137$3,042$1,766$144
41 years$12,926$8,035$4,817$2,807$1,602$121
42 years$12,477$7,652$4,519$2,591$1,454$102
43 years$12,050$7,291$4,240$2,391$1,319$86
44 years$11,644$6,950$3,980$2,208$1,197$72
45 years$11,257$6,627$3,737$2,039$1,087$61
46 years$10,888$6,322$3,510$1,884$987$51
47 years$10,535$6,033$3,298$1,740$896$43
48 years$10,198$5,759$3,099$1,608$814$36
49 years$9,876$5,500$2,913$1,486$739$31
50 years$9,568$5,254$2,738$1,374$671$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $9,800,000, adding $6,920 every year, while hoping to spend $43,393 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: 24/47/29 Blend
34$9,800,000$9,800,000$9,800,000$9,800,000
35$10,806,738$10,287,338$10,135,438$10,967,467
36$11,862,855$10,745,248$10,428,805$11,563,529
37$13,025,243$11,224,141$10,730,546$12,197,585
38$14,304,693$11,724,999$11,040,895$12,876,015
39$15,713,100$12,248,852$11,360,093$13,602,542
40$17,263,568$12,796,778$11,688,389$14,381,241
41$18,970,538$13,369,906$12,026,035$15,216,561
42$20,849,920$13,969,419$12,373,295$16,113,374
43$22,919,247$14,596,556$12,730,436$17,077,008
44$25,197,839$15,252,616$13,097,734$18,113,295
45$27,706,983$15,938,959$13,475,473$19,228,622
46$30,470,138$16,657,010$13,863,943$20,429,982
47$33,513,151$17,408,262$14,263,444$21,725,038
48$36,864,505$18,194,280$14,674,283$23,122,186
49$40,555,588$19,016,703$15,096,774$24,630,631
50$44,620,985$19,877,248$15,531,243$26,260,463
51$49,098,807$20,777,715$15,978,021$28,022,749
52$54,031,051$21,719,988$16,437,450$29,929,628
53$59,463,995$22,706,045$16,909,882$31,994,420
54$65,448,635$23,737,954$17,395,676$34,231,741
55$72,041,167$24,817,885$17,895,202$36,657,633
56$79,303,516$25,948,111$18,408,841$39,289,709
57$87,303,919$27,131,013$18,936,982$42,147,309
58$96,117,575$28,369,089$19,480,027$45,251,671
59$105,827,346$29,664,952$20,038,386$48,626,125
60$116,524,546$31,021,346$20,612,483$52,296,298
61$128,309,798$32,441,140$21,202,750$56,290,350
62$141,293,989$33,927,347$21,809,633$60,639,226
63$155,599,309$35,483,121$22,433,589$65,376,936
64$171,360,412$37,111,768$23,075,088$70,540,863
65$188,725,682$38,816,752$23,734,611$76,172,105
66$207,858,635$40,601,706$24,412,654$82,315,848
67$228,939,461$42,470,435$25,109,723$89,021,778
68$252,166,727$44,426,927$25,826,340$96,344,533
69$277,759,251$46,475,365$26,563,040$104,344,210
70$305,958,165$48,620,128$27,320,373$113,086,907
71$337,029,194$50,865,810$28,098,901$122,645,337
72$371,265,162$53,217,225$28,899,204$133,099,493
73$408,988,756$55,679,417$29,721,876$144,537,385
74$450,555,576$58,257,675$30,567,525$157,055,851
75$496,357,485$60,957,541$31,436,777$170,761,454
76$546,826,313$63,784,826$32,330,274$185,771,459
77$602,437,934$66,745,619$33,248,675$202,214,927
78$663,716,753$69,846,304$34,192,656$220,233,902
79$731,240,662$73,093,572$35,162,909$239,984,731
80$805,646,490$76,494,438$36,160,147$261,639,517
81$887,636,020$80,056,254$37,185,100$285,387,709
82$977,982,610$83,786,726$38,238,517$311,437,871
83$1,077,538,495$87,693,935$39,321,167$340,019,616
84$1,187,242,834$91,786,349$40,433,837$371,385,744
85$1,308,130,569$96,072,848$41,577,338$405,814,597
86$1,441,342,207$100,562,736$42,752,498$443,612,655
87$1,588,134,574$105,265,773$43,960,169$485,117,388
88$1,749,892,691$110,192,185$45,201,225$530,700,411
89$1,928,142,839$115,352,696$46,476,559$580,770,951
90$2,124,566,977$120,758,547$47,787,092$635,779,671
91$2,341,018,614$126,421,521$49,133,766$696,222,878
92$2,579,540,311$132,353,974$50,517,545$762,647,172
93$2,842,382,962$138,568,858$51,939,422$835,654,551
94$3,132,027,044$145,079,752$53,400,412$915,908,052
95$3,451,206,034$151,900,891$54,901,558$1,004,137,956
96$3,802,932,216$159,047,202$56,443,927$1,101,148,632
97$4,190,525,119$166,534,332$58,028,616$1,207,826,073
98$4,617,642,853$174,378,686$59,656,746$1,325,146,200
99$5,088,316,648$182,597,465$61,329,471$1,454,184,020
100$5,606,988,908$191,208,702$63,047,970$1,596,123,705