Can I retire at age 35 with 12,200,000?

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 $12,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$1,007,465$998,491$989,735$981,190$972,845$960,688
2 years$498,745$489,456$480,454$471,726$463,260$451,027
3 years$329,194$319,865$310,886$302,239$293,911$281,983
4 years$244,435$235,135$226,245$217,746$209,620$198,088
5 years$193,593$184,348$175,575$167,250$159,350$148,248
6 years$159,709$150,534$141,891$133,751$126,088$115,430
7 years$135,516$126,419$117,912$109,964$102,543$92,333
8 years$117,379$108,364$99,999$92,246$85,069$75,305
9 years$103,281$94,350$86,129$78,573$71,641$62,319
10 years$92,008$83,165$75,089$67,731$61,042$52,155
11 years$82,791$74,037$66,107$58,946$52,498$44,039
12 years$75,116$66,452$58,669$51,704$45,493$37,453
13 years$68,627$60,053$52,416$45,647$39,671$32,039
14 years$63,069$54,586$47,096$40,520$34,776$27,541
15 years$58,257$49,866$42,522$36,137$30,619$23,769
16 years$54,051$45,751$38,552$32,357$27,061$20,584
17 years$50,343$42,135$35,081$29,072$23,994$17,877
18 years$47,051$38,934$32,024$26,200$21,335$15,564
19 years$44,109$36,084$29,317$23,674$19,016$13,579
20 years$41,464$33,531$26,906$21,441$16,986$11,868
21 years$39,074$31,233$24,748$19,459$15,200$10,389
22 years$36,905$29,155$22,809$17,693$13,625$9,107
23 years$34,927$27,268$21,060$16,113$12,230$7,992
24 years$33,116$25,548$19,477$14,696$10,993$7,021
25 years$31,453$23,976$18,040$13,421$9,892$6,173
26 years$29,921$22,533$16,731$12,272$8,910$5,432
27 years$28,504$21,206$15,536$11,233$8,033$4,783
28 years$27,191$19,983$14,443$10,292$7,249$4,214
29 years$25,971$18,851$13,440$9,438$6,545$3,715
30 years$24,834$17,803$12,519$8,661$5,914$3,277
31 years$23,772$16,830$11,671$7,955$5,347$2,891
32 years$22,779$15,925$10,889$7,311$4,837$2,552
33 years$21,848$15,081$10,167$6,723$4,377$2,253
34 years$20,974$14,293$9,500$6,186$3,963$1,989
35 years$20,152$13,557$8,882$5,694$3,590$1,757
36 years$19,376$12,867$8,309$5,244$3,252$1,553
37 years$18,645$12,221$7,777$4,832$2,948$1,372
38 years$17,954$11,614$7,283$4,454$2,672$1,213
39 years$17,299$11,044$6,823$4,106$2,423$1,072
40 years$16,679$10,508$6,395$3,788$2,198$948
41 years$16,091$10,002$5,997$3,495$1,994$838
42 years$15,532$9,526$5,625$3,225$1,809$741
43 years$15,001$9,076$5,278$2,977$1,642$655
44 years$14,495$8,651$4,955$2,749$1,491$580
45 years$14,013$8,250$4,652$2,539$1,353$513
46 years$13,554$7,870$4,370$2,345$1,229$453
47 years$13,115$7,511$4,105$2,166$1,116$401
48 years$12,696$7,170$3,858$2,002$1,013$355
49 years$12,295$6,847$3,626$1,850$920$314
50 years$11,911$6,540$3,409$1,710$836$278

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $12,200,000, adding $5,992 every year, while hoping to spend $38,571 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: 56/37/7 Blend
34$12,200,000$12,200,000$12,200,000$12,200,000
35$13,450,581$12,803,981$12,614,881$14,182,375
36$14,781,501$13,390,337$12,996,440$15,262,563
37$16,246,882$14,004,131$13,389,489$16,433,646
38$17,860,398$14,646,668$13,794,371$17,708,162
39$19,637,118$15,319,314$14,211,442$19,095,965
40$21,593,644$16,023,501$14,641,065$20,607,884
41$23,748,273$16,760,729$15,083,618$22,255,819
42$26,121,164$17,532,572$15,539,486$24,052,850
43$28,734,533$18,340,678$16,009,069$26,013,355
44$31,612,859$19,186,775$16,492,777$28,153,142
45$34,783,118$20,072,674$16,991,032$30,489,591
46$38,275,034$21,000,274$17,504,270$33,041,814
47$42,121,363$21,971,562$18,032,938$35,830,830
48$46,358,199$22,988,626$18,577,499$38,879,757
49$51,025,317$24,053,650$19,138,427$42,214,022
50$56,166,546$25,168,926$19,716,211$45,861,599
51$61,830,185$26,336,854$20,311,355$49,853,263
52$68,069,457$27,559,953$20,924,378$54,222,872
53$74,943,011$28,840,860$21,555,814$59,007,684
54$82,515,477$30,182,341$22,206,213$64,248,697
55$90,858,075$31,587,296$22,876,141$69,991,028
56$100,049,289$33,058,763$23,566,181$76,284,331
57$110,175,602$34,599,928$24,276,934$83,183,260
58$121,332,320$36,214,131$25,009,018$90,747,969
59$133,624,465$37,904,872$25,763,068$99,044,676
60$147,167,771$39,675,821$26,539,742$108,146,272
61$162,089,773$41,530,826$27,339,712$118,133,006
62$178,531,012$43,473,918$28,163,675$129,093,223
63$196,646,362$45,509,327$29,012,345$141,124,193
64$216,606,491$47,641,484$29,886,459$154,333,012
65$238,599,472$49,875,037$30,786,774$168,837,601
66$262,832,560$52,214,855$31,714,073$184,767,810
67$289,534,145$54,666,047$32,669,159$202,266,624
68$318,955,911$57,233,966$33,652,858$221,491,498
69$351,375,209$59,924,226$34,666,024$242,615,834
70$387,097,678$62,742,711$35,709,534$265,830,595
71$426,460,129$65,695,591$36,784,290$291,346,093
72$469,833,721$68,789,334$37,891,224$319,393,957
73$517,627,472$72,030,723$39,031,291$350,229,301
74$570,292,113$75,426,867$40,205,478$384,133,112
75$628,324,346$78,985,221$41,414,799$421,414,882
76$692,271,534$82,713,601$42,660,299$462,415,509
77$762,736,865$86,620,202$43,943,054$507,510,491
78$840,385,049$90,713,617$45,264,170$557,113,449
79$925,948,593$95,002,852$46,624,789$611,680,007
80$1,020,234,713$99,497,355$48,026,082$671,712,066
81$1,124,132,956$104,207,028$49,469,259$737,762,515
82$1,238,623,601$109,142,256$50,955,562$810,440,423
83$1,364,786,908$114,313,926$52,486,273$890,416,760
84$1,503,813,319$119,733,455$54,062,710$978,430,699
85$1,657,014,695$125,412,812$55,686,228$1,075,296,559
86$1,825,836,703$131,364,549$57,358,226$1,181,911,463
87$2,011,872,461$137,601,826$59,080,140$1,299,263,769
88$2,216,877,579$144,138,442$60,853,452$1,428,442,362
89$2,442,786,734$150,988,868$62,679,685$1,570,646,898
90$2,691,731,933$158,168,275$64,560,407$1,727,199,083
91$2,966,062,643$165,692,573$66,497,233$1,899,555,111
92$3,268,367,968$173,578,444$68,491,826$2,089,319,368
93$3,601,501,094$181,843,382$70,545,896$2,298,259,524
94$3,968,606,227$190,505,729$72,661,204$2,528,323,180
95$4,373,148,272$199,584,719$74,839,564$2,781,656,195
96$4,818,945,548$209,100,523$77,082,842$3,060,622,894
97$5,310,205,835$219,074,290$79,392,958$3,367,828,331
98$5,851,566,098$229,528,198$81,771,891$3,706,142,821
99$6,448,136,265$240,485,505$84,221,674$4,078,728,978
100$7,105,547,468$251,970,598$86,744,403$4,489,071,503