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

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 $8,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$660,633$654,748$649,007$643,403$637,931$620,998
2 years$327,046$320,955$315,052$309,328$303,777$286,835
3 years$215,865$209,748$203,859$198,190$192,728$176,308
4 years$160,285$154,187$148,357$142,785$137,456$121,683
5 years$126,946$120,884$115,131$109,672$104,492$89,411
6 years$104,727$98,711$93,043$87,706$82,681$68,306
7 years$88,863$82,897$77,319$72,108$67,241$53,573
8 years$76,970$71,058$65,573$60,489$55,783$42,815
9 years$67,725$61,869$56,478$51,524$46,978$34,698
10 years$60,333$54,535$49,239$44,414$40,027$28,420
11 years$54,289$48,549$43,349$38,653$34,425$23,473
12 years$49,256$43,575$38,471$33,904$29,832$19,515
13 years$45,001$39,379$34,371$29,932$26,014$16,311
14 years$41,357$35,794$30,883$26,571$22,804$13,693
15 years$38,201$32,699$27,883$23,696$20,078$11,535
16 years$35,443$30,001$25,280$21,217$17,745$9,746
17 years$33,012$27,629$23,004$19,064$15,734$8,254
18 years$30,853$25,531$21,000$17,180$13,990$7,005
19 years$28,924$23,662$19,224$15,524$12,470$5,955
20 years$27,189$21,988$17,643$14,060$11,138$5,070
21 years$25,622$20,481$16,228$12,760$9,967$4,322
22 years$24,200$19,118$14,957$11,602$8,934$3,688
23 years$22,903$17,881$13,810$10,566$8,020$3,149
24 years$21,716$16,753$12,772$9,637$7,208$2,692
25 years$20,625$15,722$11,829$8,801$6,487$2,302
26 years$19,620$14,776$10,971$8,047$5,843$1,970
27 years$18,691$13,906$10,188$7,366$5,268$1,686
28 years$17,830$13,103$9,471$6,749$4,753$1,444
29 years$17,030$12,362$8,813$6,189$4,292$1,237
30 years$16,285$11,674$8,209$5,680$3,878$1,060
31 years$15,589$11,036$7,653$5,216$3,506$908
32 years$14,937$10,442$7,141$4,794$3,172$779
33 years$14,327$9,889$6,667$4,408$2,870$668
34 years$13,753$9,373$6,229$4,056$2,599$573
35 years$13,214$8,890$5,824$3,734$2,354$491
36 years$12,706$8,438$5,448$3,439$2,133$421
37 years$12,226$8,014$5,100$3,168$1,933$361
38 years$11,773$7,616$4,775$2,920$1,752$310
39 years$11,344$7,242$4,474$2,693$1,589$266
40 years$10,937$6,890$4,194$2,484$1,441$228
41 years$10,552$6,559$3,932$2,291$1,308$196
42 years$10,185$6,246$3,689$2,115$1,187$168
43 years$9,837$5,952$3,461$1,952$1,077$144
44 years$9,505$5,673$3,249$1,803$977$124
45 years$9,189$5,410$3,051$1,665$887$106
46 years$8,888$5,161$2,865$1,538$806$91
47 years$8,600$4,925$2,692$1,421$732$78
48 years$8,325$4,702$2,530$1,313$664$67
49 years$8,062$4,490$2,378$1,213$603$58
50 years$7,811$4,289$2,235$1,121$548$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,000,000, adding $5,004 every year, while hoping to spend $36,539 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: 36/50/14 Blend
34$8,000,000$8,000,000$8,000,000$8,000,000
35$8,821,162$8,397,162$8,273,162$9,100,546
36$9,682,043$8,769,745$8,511,435$9,674,873
37$10,629,509$9,159,361$8,756,467$10,290,640
38$11,672,354$9,566,805$9,008,443$10,954,603
39$12,820,266$9,992,910$9,267,558$11,671,073
40$14,083,922$10,438,551$9,534,009$12,444,770
41$15,475,083$10,904,641$9,808,000$13,280,871
42$17,006,713$11,392,140$10,089,739$14,185,051
43$18,693,094$11,902,051$10,379,442$15,163,535
44$20,549,964$12,435,426$10,677,328$16,223,150
45$22,594,666$12,993,368$10,983,624$17,371,385
46$24,846,308$13,577,029$11,298,562$18,616,462
47$27,325,948$14,187,620$11,622,380$19,967,403
48$30,056,789$14,826,407$11,955,324$21,434,113
49$33,064,399$15,494,718$12,297,644$23,027,469
50$36,376,952$16,193,944$12,649,599$24,759,414
51$40,025,495$16,925,541$13,011,455$26,643,068
52$44,044,239$17,691,036$13,383,483$28,692,844
53$48,470,884$18,492,029$13,765,962$30,924,577
54$53,346,971$19,330,196$14,159,179$33,355,668
55$58,718,280$20,207,293$14,563,429$36,005,243
56$64,635,254$21,125,161$14,979,013$38,894,323
57$71,153,483$22,085,726$15,406,243$42,046,017
58$78,334,222$23,091,010$15,845,436$45,485,733
59$86,244,973$24,143,131$16,296,919$49,241,408
60$94,960,122$25,244,306$16,761,027$53,343,765
61$104,561,638$26,396,861$17,238,105$57,826,592
62$115,139,850$27,603,231$17,728,506$62,727,053
63$126,794,296$28,865,971$18,232,593$68,086,029
64$139,634,667$30,187,757$18,750,738$73,948,494
65$153,781,837$31,571,391$19,283,321$80,363,927
66$169,369,008$33,019,813$19,830,736$87,386,771
67$186,542,966$34,536,102$20,393,385$95,076,932
68$205,465,464$36,123,487$20,971,679$103,500,333
69$226,314,753$37,785,350$21,566,042$112,729,526
70$249,287,262$39,525,236$22,176,908$122,844,361
71$274,599,451$41,346,861$22,804,723$133,932,725
72$302,489,858$43,254,120$23,449,944$146,091,361
73$333,221,346$45,251,094$24,113,040$159,426,759
74$367,083,588$47,342,062$24,794,491$174,056,154
75$404,395,798$49,531,508$25,494,791$190,108,607
76$445,509,750$51,824,131$26,214,446$207,726,213
77$490,813,090$54,224,859$26,953,976$227,065,417
78$540,733,003$56,738,855$27,713,912$248,298,479
79$595,740,242$59,371,532$28,494,801$271,615,074
80$656,353,572$62,128,563$29,297,202$297,224,062
81$723,144,669$65,015,895$30,121,691$325,355,443
82$796,743,513$68,039,761$30,968,855$356,262,496
83$877,844,338$71,206,697$31,839,299$390,224,155
84$967,212,188$74,523,552$32,733,643$427,547,607
85$1,065,690,131$77,997,506$33,652,520$468,571,176
86$1,174,207,226$81,636,086$34,596,581$513,667,478
87$1,293,787,292$85,447,183$35,566,495$563,246,920
88$1,425,558,569$89,439,067$36,562,946$617,761,533
89$1,570,764,372$93,620,411$37,586,634$677,709,217
90$1,730,774,831$98,000,304$38,638,279$743,638,400
91$1,907,099,819$102,588,275$39,718,617$816,153,185
92$2,101,403,215$107,394,314$40,828,404$895,919,015
93$2,315,518,601$112,428,894$41,968,415$983,668,915
94$2,551,466,584$117,702,995$43,139,442$1,080,210,373
95$2,811,473,861$123,228,127$44,342,298$1,186,432,921
96$3,097,994,247$129,016,358$45,577,818$1,303,316,486
97$3,413,731,839$135,080,338$46,846,854$1,431,940,597
98$3,761,666,544$141,433,333$48,150,281$1,573,494,527
99$4,145,082,212$148,089,246$49,488,996$1,729,288,468
100$4,567,597,637$155,062,659$50,863,917$1,900,765,849