Can I retire at age 35 with 16,800,000?

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,308,333
2 years$686,796$674,005$661,609$649,590$637,931$606,552
3 years$453,316$440,470$428,105$416,198$404,730$374,275
4 years$336,599$323,792$311,551$299,847$288,657$259,360
5 years$266,587$253,857$241,776$230,312$219,432$191,376
6 years$219,927$207,293$195,391$184,182$173,629$146,842
7 years$186,612$174,085$162,371$151,426$141,207$115,694
8 years$161,637$149,223$137,703$127,028$117,145$92,895
9 years$142,223$129,925$118,604$108,199$98,653$75,647
10 years$126,700$114,523$103,402$93,269$84,057$62,270
11 years$114,008$101,953$91,033$81,172$72,292$51,694
12 years$103,439$91,507$80,790$71,199$62,647$43,204
13 years$94,503$82,696$72,180$62,858$54,629$36,305
14 years$86,849$75,168$64,854$55,798$47,888$30,644
15 years$80,223$68,668$58,555$49,762$42,164$25,960
16 years$74,430$63,001$53,088$44,557$37,265$22,059
17 years$69,325$58,022$48,308$40,034$33,041$18,792
18 years$64,791$53,615$44,099$36,078$29,379$16,043
19 years$60,740$49,690$40,371$32,600$26,186$13,720
20 years$57,098$46,174$37,050$29,526$23,390$11,752
21 years$53,807$43,009$34,079$26,796$20,931$10,079
22 years$50,820$40,148$31,409$24,364$18,762$8,654
23 years$48,096$37,549$29,001$22,189$16,842$7,437
24 years$45,603$35,181$26,821$20,237$15,138$6,396
25 years$43,313$33,016$24,841$18,482$13,622$5,505
26 years$41,203$31,029$23,039$16,899$12,270$4,741
27 years$39,252$29,202$21,394$15,468$11,062$4,085
28 years$37,444$27,517$19,888$14,172$9,982$3,521
29 years$35,763$25,959$18,508$12,996$9,013$3,036
30 years$34,198$24,516$17,239$11,927$8,144$2,619
31 years$32,736$23,176$16,072$10,954$7,363$2,260
32 years$31,368$21,929$14,995$10,067$6,660$1,950
33 years$30,086$20,767$14,001$9,258$6,028$1,683
34 years$28,882$19,682$13,082$8,518$5,457$1,453
35 years$27,750$18,668$12,231$7,841$4,943$1,255
36 years$26,682$17,719$11,441$7,221$4,479$1,084
37 years$25,675$16,829$10,709$6,654$4,059$936
38 years$24,723$15,994$10,028$6,133$3,680$808
39 years$23,822$15,208$9,396$5,655$3,337$698
40 years$22,968$14,469$8,807$5,216$3,027$603
41 years$22,158$13,774$8,258$4,812$2,746$521
42 years$21,389$13,117$7,746$4,441$2,492$450
43 years$20,657$12,498$7,269$4,100$2,261$389
44 years$19,961$11,913$6,823$3,785$2,053$336
45 years$19,297$11,361$6,406$3,496$1,863$291
46 years$18,664$10,838$6,017$3,229$1,692$251
47 years$18,060$10,342$5,653$2,983$1,536$217
48 years$17,483$9,873$5,312$2,757$1,395$188
49 years$16,931$9,428$4,993$2,548$1,267$162
50 years$16,403$9,006$4,694$2,355$1,151$140

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $16,800,000, adding $5,468 every year, while hoping to spend $54,715 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: 23/50/27 Blend
34$16,800,000$16,800,000$16,800,000$16,800,000
35$18,519,240$17,628,840$17,368,440$18,786,468
36$20,349,986$18,434,437$17,892,067$19,822,780
37$22,365,635$19,277,674$18,431,401$20,926,547
38$24,584,988$20,160,339$18,986,911$22,107,142
39$27,028,764$21,084,302$19,559,080$23,370,933
40$29,719,792$22,051,528$20,148,403$24,724,873
41$32,683,229$23,064,071$20,755,393$26,176,561
42$35,946,796$24,124,087$21,380,576$27,734,299
43$39,541,037$25,233,836$22,024,493$29,407,166
44$43,499,613$26,395,684$22,687,704$31,205,091
45$47,859,613$27,612,112$23,370,781$33,138,937
46$52,661,908$28,885,720$24,074,318$35,220,591
47$57,951,538$30,219,235$24,798,922$37,463,069
48$63,778,130$31,615,513$25,545,221$39,880,622
49$70,196,374$33,077,548$26,313,860$42,488,864
50$77,266,534$34,608,478$27,105,505$45,304,901
51$85,055,019$36,211,592$27,920,838$48,347,480
52$93,635,011$37,890,339$28,760,566$51,637,156
53$103,087,149$39,648,333$29,625,412$55,196,465
54$113,500,298$41,489,362$30,516,123$59,050,127
55$124,972,384$43,417,396$31,433,469$63,225,259
56$137,611,317$45,436,598$32,378,239$67,751,616
57$151,536,011$47,551,331$33,351,250$72,661,855
58$166,877,506$49,766,168$34,353,339$77,991,821
59$183,780,206$52,085,905$35,385,371$83,780,871
60$202,403,239$54,515,566$36,448,233$90,072,222
61$222,921,961$57,060,421$37,542,840$96,913,338
62$245,529,611$59,725,991$38,670,135$104,356,358
63$270,439,134$62,518,067$39,831,087$112,458,562
64$297,885,191$65,442,718$41,026,694$121,282,889
65$328,126,376$68,506,307$42,257,984$130,898,506
66$361,447,655$71,715,504$43,526,015$141,381,436
67$398,163,054$75,077,302$44,831,874$152,815,242
68$438,618,627$78,599,032$46,176,684$165,291,795
69$483,195,722$82,288,379$47,561,597$178,912,103
70$532,314,577$86,153,401$48,987,802$193,787,239
71$586,438,291$90,202,545$50,456,521$210,039,350
72$646,077,194$94,444,667$51,969,013$227,802,782
73$711,793,665$98,889,053$53,526,571$247,225,308
74$784,207,439$103,545,436$55,130,531$268,469,482
75$864,001,458$108,424,023$56,782,265$291,714,141
76$951,928,321$113,535,514$58,483,184$317,156,044
77$1,048,817,383$118,891,128$60,234,744$345,011,690
78$1,155,582,589$124,502,626$62,038,441$375,519,316
79$1,273,231,099$130,382,341$63,895,816$408,941,093
80$1,402,872,799$136,543,204$65,808,453$445,565,560
81$1,545,730,775$142,998,771$67,777,987$485,710,285
82$1,703,152,860$149,763,257$69,806,095$529,724,815
83$1,876,624,360$156,851,565$71,894,508$577,993,915
84$2,067,782,075$164,279,322$74,045,004$630,941,143
85$2,278,429,752$172,062,914$76,259,417$689,032,781
86$2,510,555,109$180,219,519$78,539,630$752,782,173
87$2,766,348,607$188,767,152$80,887,584$822,754,505
88$3,048,224,123$197,724,701$83,305,276$899,572,060
89$3,358,841,743$207,111,970$85,794,762$983,920,028
90$3,701,132,870$216,949,726$88,358,156$1,076,552,884
91$4,078,327,905$227,259,745$90,997,637$1,178,301,434
92$4,493,986,737$238,064,858$93,715,443$1,290,080,569
93$4,952,032,355$249,389,007$96,513,881$1,412,897,811
94$5,456,787,884$261,257,297$99,395,325$1,547,862,731
95$6,013,017,396$273,696,053$102,362,217$1,696,197,318
96$6,625,970,888$286,732,877$105,417,069$1,859,247,417
97$7,301,433,847$300,396,717$108,562,469$2,038,495,323
98$8,045,781,867$314,717,923$111,801,079$2,235,573,656
99$8,866,040,840$329,728,323$115,135,637$2,452,280,657
100$9,769,953,288$345,461,294$118,568,964$2,690,597,040