Can I retire at age 35 with 8,400,000?

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 $8,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$693,664$687,485$681,457$675,573$669,828$644,015
2 years$343,398$337,003$330,804$324,795$318,966$293,267
3 years$226,658$220,235$214,052$208,099$202,365$177,590
4 years$168,299$161,896$155,775$149,924$144,328$120,665
5 years$133,293$126,928$120,888$115,156$109,716$87,226
6 years$109,964$103,647$97,695$92,091$86,815$65,513
7 years$93,306$87,042$81,185$75,713$70,604$50,483
8 years$80,819$74,611$68,852$63,514$58,572$39,613
9 years$71,111$64,963$59,302$54,100$49,326$31,501
10 years$63,350$57,261$51,701$46,634$42,029$25,304
11 years$57,004$50,976$45,517$40,586$36,146$20,484
12 years$51,719$45,754$40,395$35,599$31,323$16,684
13 years$47,251$41,348$36,090$31,429$27,315$13,654
14 years$43,425$37,584$32,427$27,899$23,944$11,217
15 years$40,111$34,334$29,277$24,881$21,082$9,244
16 years$37,215$31,501$26,544$22,278$18,632$7,638
17 years$34,662$29,011$24,154$20,017$16,521$6,323
18 years$32,396$26,807$22,050$18,039$14,689$5,244
19 years$30,370$24,845$20,185$16,300$13,093$4,355
20 years$28,549$23,087$18,525$14,763$11,695$3,621
21 years$26,904$21,505$17,040$13,398$10,466$3,013
22 years$25,410$20,074$15,705$12,182$9,381$2,510
23 years$24,048$18,775$14,500$11,094$8,421$2,092
24 years$22,802$17,591$13,410$10,119$7,569$1,744
25 years$21,656$16,508$12,421$9,241$6,811$1,455
26 years$20,601$15,515$11,520$8,449$6,135$1,214
27 years$19,626$14,601$10,697$7,734$5,531$1,014
28 years$18,722$13,759$9,944$7,086$4,991$846
29 years$17,882$12,980$9,254$6,498$4,507$707
30 years$17,099$12,258$8,620$5,964$4,072$591
31 years$16,368$11,588$8,036$5,477$3,682$493
32 years$15,684$10,964$7,498$5,034$3,330$412
33 years$15,043$10,383$7,001$4,629$3,014$345
34 years$14,441$9,841$6,541$4,259$2,729$288
35 years$13,875$9,334$6,115$3,921$2,471$241
36 years$13,341$8,860$5,721$3,611$2,239$201
37 years$12,837$8,415$5,354$3,327$2,030$168
38 years$12,361$7,997$5,014$3,066$1,840$141
39 years$11,911$7,604$4,698$2,827$1,669$118
40 years$11,484$7,235$4,403$2,608$1,513$98
41 years$11,079$6,887$4,129$2,406$1,373$82
42 years$10,694$6,559$3,873$2,221$1,246$69
43 years$10,329$6,249$3,634$2,050$1,131$57
44 years$9,980$5,957$3,411$1,893$1,026$48
45 years$9,649$5,680$3,203$1,748$932$40
46 years$9,332$5,419$3,009$1,615$846$34
47 years$9,030$5,171$2,826$1,492$768$28
48 years$8,741$4,937$2,656$1,378$698$23
49 years$8,465$4,714$2,497$1,274$634$20
50 years$8,201$4,503$2,347$1,177$575$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,400,000, adding $3,261 every year, while hoping to spend $51,024 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: 66/16/18 Blend
34$8,400,000$8,400,000$8,400,000$8,400,000
35$9,260,164$8,814,964$8,684,764$9,829,959
36$10,150,411$9,192,608$8,921,414$10,589,543
37$11,129,754$9,587,046$9,164,282$11,413,361
38$12,207,226$9,999,048$9,413,523$12,312,687
39$13,392,780$10,429,419$9,669,293$13,294,926
40$14,697,384$10,879,001$9,931,754$14,368,227
41$16,133,121$11,348,676$10,201,073$15,541,556
42$17,713,307$11,839,369$10,477,416$16,824,785
43$19,452,612$12,352,046$10,760,957$18,228,778
44$21,367,201$12,887,719$11,051,872$19,765,496
45$23,474,887$13,447,448$11,350,341$21,448,105
46$25,795,296$14,032,343$11,656,548$23,291,101
47$28,350,055$14,643,567$11,970,680$25,310,443
48$31,162,993$15,282,335$12,292,931$27,523,704
49$34,260,371$15,949,921$12,623,496$29,950,233
50$37,671,121$16,647,660$12,962,576$32,611,335
51$41,427,128$17,376,948$13,310,375$35,530,473
52$45,563,525$18,139,248$13,667,102$38,733,485
53$50,119,025$18,936,092$14,032,971$42,248,824
54$55,136,289$19,769,083$14,408,199$46,107,829
55$60,662,325$20,639,903$14,793,008$50,345,013
56$66,748,934$21,550,311$15,187,626$54,998,389
57$73,453,198$22,502,148$15,592,284$60,109,827
58$80,838,016$23,497,345$16,007,217$65,725,443
59$88,972,703$24,537,924$16,432,668$71,896,036
60$97,933,637$25,626,001$16,868,881$78,677,557
61$107,804,987$26,763,794$17,316,108$86,131,645
62$118,679,501$27,953,626$17,774,603$94,326,193
63$130,659,386$29,197,929$18,244,628$103,335,997
64$143,857,268$30,499,252$18,726,448$113,243,448
65$158,397,259$31,860,265$19,220,333$124,139,315
66$174,416,125$33,283,764$19,726,560$136,123,591
67$192,064,579$34,772,678$20,245,409$149,306,438
68$211,508,703$36,330,076$20,777,167$163,809,218
69$232,931,514$37,959,173$21,322,125$179,765,637
70$256,534,693$39,663,336$21,880,581$197,323,004
71$282,540,487$41,446,095$22,452,836$216,643,612
72$311,193,809$43,311,146$23,039,198$237,906,268
73$342,764,546$45,262,361$23,639,980$261,307,976
74$377,550,112$47,303,799$24,255,501$287,065,791
75$415,878,248$49,439,709$24,886,085$315,418,861
76$458,110,121$51,674,547$25,532,061$346,630,679
77$504,643,733$54,012,980$26,193,765$380,991,564
78$555,917,674$56,459,896$26,871,536$418,821,399
79$612,415,266$59,020,420$27,565,722$460,472,636
80$674,669,123$61,699,921$28,276,673$506,333,624
81$743,266,180$64,504,023$29,004,748$556,832,263
82$818,853,232$67,438,621$29,750,309$612,440,038
83$902,143,041$70,509,893$30,513,723$673,676,460
84$993,921,064$73,724,311$31,295,366$741,113,965
85$1,095,052,867$77,088,657$32,095,616$815,383,306
86$1,206,492,298$80,610,040$32,914,858$897,179,500
87$1,329,290,489$84,295,908$33,753,481$987,268,380
88$1,464,605,778$88,154,066$34,611,882$1,086,493,812
89$1,613,714,647$92,192,696$35,490,460$1,195,785,657
90$1,778,023,772$96,420,369$36,389,622$1,316,168,532
91$1,959,083,301$100,846,071$37,309,777$1,448,771,476
92$2,158,601,486$105,479,217$38,251,343$1,594,838,593
93$2,378,460,814$110,329,675$39,214,740$1,755,740,790
94$2,620,735,775$115,407,788$40,200,392$1,932,988,700
95$2,887,712,450$120,724,395$41,208,731$2,128,246,934
96$3,181,910,087$126,290,857$42,240,190$2,343,349,782
97$3,506,104,888$132,119,081$43,295,209$2,580,318,512
98$3,863,356,217$138,221,547$44,374,229$2,841,380,438
99$4,257,035,485$144,611,336$45,477,699$3,128,989,933
100$4,690,857,971$151,302,158$46,606,069$3,445,851,581