Can I retire at age 35 with 12,000,000?

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 $12,000,000?

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$990,949$982,122$973,510$965,105$956,897$947,298
2 years$490,569$481,432$472,578$463,993$455,665$445,997
3 years$323,797$314,621$305,789$297,285$289,093$279,655
4 years$240,428$231,280$222,536$214,177$206,183$197,050
5 years$190,419$181,326$172,697$164,508$156,737$147,934
6 years$157,091$148,067$139,565$131,559$124,021$115,558
7 years$133,294$124,346$115,979$108,162$100,862$92,744
8 years$115,455$106,588$98,360$90,734$83,675$75,902
9 years$101,588$92,804$84,717$77,285$70,466$63,035
10 years$90,500$81,802$73,858$66,621$60,041$52,946
11 years$81,434$72,823$65,024$57,980$51,637$44,874
12 years$73,885$65,362$57,707$50,856$44,748$38,309
13 years$67,502$59,068$51,557$44,898$39,021$32,899
14 years$62,035$53,692$46,324$39,856$34,205$28,392
15 years$57,302$49,048$41,825$35,544$30,117$24,604
16 years$53,165$45,001$37,920$31,826$26,618$21,395
17 years$49,518$41,444$34,506$28,595$23,601$18,660
18 years$46,279$38,296$31,499$25,770$20,985$16,315
19 years$43,385$35,493$28,836$23,286$18,704$14,296
20 years$40,784$32,981$26,464$21,090$16,707$12,551
21 years$38,434$30,721$24,342$19,140$14,951$11,036
22 years$36,300$28,677$22,435$17,403$13,401$9,718
23 years$34,354$26,821$20,715$15,849$12,030$8,568
24 years$32,574$25,129$19,158$14,455$10,813$7,562
25 years$30,938$23,583$17,744$13,201$9,730$6,680
26 years$29,430$22,164$16,457$12,071$8,764$5,906
27 years$28,037$20,859$15,281$11,049$7,902$5,225
28 years$26,745$19,655$14,206$10,123$7,130$4,626
29 years$25,545$18,542$13,220$9,283$6,438$4,098
30 years$24,427$17,511$12,314$8,519$5,817$3,632
31 years$23,383$16,554$11,480$7,824$5,259$3,220
32 years$22,406$15,663$10,711$7,191$4,757$2,856
33 years$21,490$14,834$10,001$6,613$4,305$2,534
34 years$20,630$14,059$9,344$6,084$3,898$2,250
35 years$19,821$13,335$8,736$5,601$3,531$1,997
36 years$19,059$12,656$8,172$5,158$3,199$1,773
37 years$18,339$12,021$7,649$4,753$2,899$1,575
38 years$17,659$11,424$7,163$4,381$2,629$1,399
39 years$17,016$10,863$6,711$4,039$2,384$1,243
40 years$16,406$10,335$6,290$3,725$2,162$1,105
41 years$15,827$9,838$5,898$3,437$1,961$982
42 years$15,278$9,370$5,533$3,172$1,780$873
43 years$14,755$8,927$5,192$2,928$1,615$776
44 years$14,258$8,510$4,873$2,704$1,466$690
45 years$13,784$8,115$4,576$2,497$1,331$613
46 years$13,332$7,741$4,298$2,307$1,209$545
47 years$12,900$7,387$4,038$2,131$1,097$485
48 years$12,488$7,052$3,794$1,969$997$431
49 years$12,094$6,735$3,567$1,820$905$384
50 years$11,716$6,433$3,353$1,682$822$341

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $12,000,000, adding $3,333 every year, while hoping to spend $47,853 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: 42/29/29 Blend
34$12,000,000$12,000,000$12,000,000$12,000,000
35$13,227,438$12,591,438$12,405,438$13,670,495
36$14,525,721$13,157,503$12,770,105$14,556,520
37$15,954,826$13,749,702$13,145,384$15,510,704
38$17,528,045$14,369,264$13,531,581$16,543,189
39$19,260,026$15,017,478$13,929,009$17,661,241
40$21,166,908$15,695,694$14,337,991$18,872,838
41$23,266,477$16,405,328$14,758,858$20,186,742
42$25,578,329$17,147,860$15,191,951$21,612,575
43$28,124,058$17,924,845$15,637,621$23,160,909
44$30,927,459$18,737,909$16,096,228$24,843,362
45$34,014,751$19,588,758$16,568,143$26,672,698
46$37,414,827$20,479,178$17,053,747$28,662,949
47$41,159,523$21,411,042$17,553,432$30,829,535
48$45,283,923$22,386,311$18,067,600$33,189,414
49$49,826,684$23,407,042$18,596,666$35,761,226
50$54,830,407$24,475,388$19,141,056$38,565,473
51$60,342,034$25,593,607$19,701,206$41,624,698
52$66,413,293$26,764,065$20,277,568$44,963,699
53$73,101,185$27,989,241$20,870,603$48,609,752
54$80,468,526$29,271,734$21,480,788$52,592,862
55$88,584,533$30,614,266$22,108,611$56,946,041
56$97,525,481$32,019,690$22,754,576$61,705,612
57$107,375,423$33,490,998$23,419,197$66,911,542
58$118,226,983$35,031,325$24,103,008$72,607,815
59$130,182,230$36,643,954$24,806,553$78,842,834
60$143,353,638$38,332,329$25,530,393$85,669,873
61$157,865,155$40,100,058$26,275,106$93,147,571
62$173,853,363$41,950,923$27,041,285$101,340,473
63$191,468,776$43,888,889$27,829,538$110,319,631
64$210,877,256$45,918,109$28,640,493$120,163,263
65$232,261,579$48,042,939$29,474,792$130,957,485
66$255,823,161$50,267,944$30,333,098$142,797,107
67$281,783,957$52,597,907$31,216,091$155,786,518
68$310,388,560$55,037,843$32,124,469$170,040,660
69$341,906,505$57,593,010$33,058,951$185,686,100
70$376,634,818$60,268,917$34,020,275$202,862,211
71$414,900,815$63,071,339$35,009,200$221,722,472
72$457,065,194$66,006,331$36,026,504$242,435,906
73$503,525,442$69,080,239$37,072,990$265,188,656
74$554,719,583$72,299,717$38,149,481$290,185,727
75$611,130,314$75,671,737$39,256,822$317,652,907
76$673,289,564$79,203,609$40,395,884$347,838,878
77$741,783,512$82,902,999$41,567,558$381,017,546
78$817,258,123$86,777,938$42,772,764$417,490,611
79$900,425,243$90,836,849$44,012,444$457,590,387
80$992,069,324$95,088,561$45,287,567$501,682,926
81$1,093,054,824$99,542,329$46,599,129$550,171,449
82$1,204,334,369$104,207,856$47,948,152$603,500,129
83$1,326,957,748$109,095,314$49,335,689$662,158,259
84$1,462,081,822$114,215,368$50,762,818$726,684,849
85$1,610,981,444$119,579,198$52,230,649$797,673,686
86$1,775,061,497$125,198,524$53,740,322$875,778,914
87$1,955,870,154$131,085,636$55,293,006$961,721,179
88$2,155,113,494$137,253,417$56,889,906$1,056,294,403
89$2,374,671,609$143,715,373$58,532,257$1,160,373,246
90$2,616,616,353$150,485,666$60,221,327$1,274,921,336
91$2,883,230,900$157,579,142$61,958,421$1,401,000,324
92$3,177,031,300$165,011,369$63,744,877$1,539,779,877
93$3,500,790,234$172,798,667$65,582,071$1,692,548,678
94$3,857,563,183$180,958,148$67,471,416$1,860,726,558
95$4,250,717,282$189,507,751$69,414,363$2,045,877,853
96$4,683,963,103$198,466,289$71,412,402$2,249,726,136
97$5,161,389,687$207,853,484$73,467,065$2,474,170,436
98$5,687,503,146$217,690,016$75,579,922$2,721,303,125
99$6,267,269,206$227,997,566$77,752,589$2,993,429,622
100$6,906,160,088$238,798,870$79,986,724$3,293,090,102