Can I retire at age 35 with 8,500,000?

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 $8,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$701,922$695,670$689,570$683,616$677,802$668,778
2 years$347,486$341,015$334,743$328,661$322,763$313,686
3 years$229,356$222,857$216,601$210,577$204,774$195,926
4 years$170,303$163,823$157,630$151,709$146,047$137,496
5 years$134,880$128,439$122,327$116,527$111,022$102,793
6 years$111,273$104,880$98,859$93,187$87,848$79,951
7 years$94,417$88,078$82,152$76,614$71,444$63,882
8 years$81,781$75,500$69,671$64,270$59,270$52,041
9 years$71,958$65,736$60,008$54,744$49,914$43,016
10 years$64,104$57,943$52,316$47,190$42,529$35,957
11 years$57,683$51,583$46,058$41,069$36,576$30,324
12 years$52,335$46,298$40,876$36,023$31,696$25,756
13 years$47,814$41,840$36,520$31,803$27,640$22,004
14 years$43,942$38,032$32,813$28,231$24,229$18,889
15 years$40,589$34,743$29,626$25,177$21,333$16,280
16 years$37,658$31,876$26,860$22,544$18,854$14,079
17 years$35,075$29,356$24,442$20,255$16,717$12,210
18 years$32,781$27,126$22,312$18,254$14,864$10,615
19 years$30,731$25,141$20,426$16,494$13,249$9,248
20 years$28,889$23,362$18,746$14,939$11,834$8,071
21 years$27,224$21,761$17,242$13,558$10,590$7,055
22 years$25,712$20,313$15,892$12,327$9,493$6,174
23 years$24,334$18,998$14,673$11,226$8,521$5,410
24 years$23,073$17,800$13,570$10,239$7,659$4,745
25 years$21,914$16,704$12,569$9,351$6,892$4,166
26 years$20,847$15,699$11,657$8,550$6,208$3,660
27 years$19,860$14,775$10,824$7,826$5,597$3,218
28 years$18,945$13,922$10,063$7,170$5,050$2,830
29 years$18,094$13,134$9,364$6,575$4,560$2,491
30 years$17,302$12,404$8,722$6,035$4,121$2,193
31 years$16,563$11,726$8,132$5,542$3,725$1,932
32 years$15,871$11,095$7,587$5,093$3,370$1,702
33 years$15,222$10,507$7,084$4,684$3,050$1,501
34 years$14,613$9,958$6,619$4,310$2,761$1,323
35 years$14,040$9,445$6,188$3,967$2,501$1,167
36 years$13,500$8,965$5,789$3,654$2,266$1,029
37 years$12,990$8,515$5,418$3,366$2,054$908
38 years$12,509$8,092$5,074$3,103$1,862$801
39 years$12,053$7,695$4,754$2,861$1,688$707
40 years$11,621$7,321$4,456$2,639$1,531$624
41 years$11,211$6,969$4,178$2,435$1,389$551
42 years$10,822$6,637$3,919$2,247$1,261$486
43 years$10,452$6,324$3,678$2,074$1,144$429
44 years$10,099$6,028$3,452$1,915$1,039$379
45 years$9,763$5,748$3,241$1,769$943$335
46 years$9,443$5,483$3,044$1,634$856$295
47 years$9,138$5,233$2,860$1,509$777$261
48 years$8,846$4,995$2,688$1,395$706$230
49 years$8,566$4,770$2,526$1,289$641$203
50 years$8,299$4,557$2,375$1,191$582$180

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,500,000, adding $2,200 every year, while hoping to spend $21,039 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: 77/18/5 Blend
34$8,500,000$8,500,000$8,500,000$8,500,000
35$9,369,269$8,918,769$8,787,019$10,088,109
36$10,302,549$9,333,404$9,058,999$10,974,575
37$11,330,319$9,767,650$9,339,385$11,943,225
38$12,462,194$10,222,447$9,628,437$13,004,542
39$13,708,769$10,698,779$9,926,421$14,167,718
40$15,081,722$11,197,677$10,233,614$15,442,868
41$16,593,917$11,720,223$10,550,300$16,841,129
42$18,259,533$12,267,550$10,876,772$18,374,761
43$20,094,193$12,840,847$11,213,330$20,057,260
44$22,115,111$13,441,359$11,560,288$21,903,486
45$24,341,260$14,070,393$11,917,965$23,929,800
46$26,793,543$14,729,318$12,286,691$26,154,215
47$29,494,998$15,419,568$12,666,809$28,596,569
48$32,471,009$16,142,648$13,058,669$31,278,703
49$35,749,551$16,900,136$13,462,633$34,224,672
50$39,361,448$17,693,686$13,879,074$37,460,963
51$43,340,671$18,525,032$14,308,378$41,016,748
52$47,724,651$19,395,990$14,750,940$44,924,155
53$52,554,639$20,308,467$15,207,171$49,218,565
54$57,876,091$21,264,461$15,677,490$53,938,951
55$63,739,099$22,266,066$16,162,333$59,128,235
56$70,198,863$23,315,479$16,662,146$64,833,694
57$77,316,211$24,415,002$17,177,393$71,107,403
58$85,158,177$25,567,049$17,708,547$78,006,722
59$93,798,628$26,774,151$18,256,100$85,594,834
60$103,318,966$28,038,963$18,820,558$93,941,340
61$113,808,894$29,364,265$19,402,440$103,122,908
62$125,367,263$30,752,977$20,002,284$113,223,997
63$138,103,007$32,208,156$20,620,643$124,337,646
64$152,136,168$33,733,009$21,258,089$136,566,352
65$167,599,030$35,330,900$21,915,209$150,023,029
66$184,637,372$37,005,355$22,592,608$164,832,073
67$203,411,836$38,760,069$23,290,913$181,130,526
68$224,099,451$40,598,921$24,010,767$199,069,370
69$246,895,301$42,525,974$24,752,833$218,814,942
70$272,014,365$44,545,490$25,517,796$240,550,502
71$299,693,550$46,661,938$26,306,362$264,477,954
72$330,193,923$48,880,005$27,119,256$290,819,749
73$363,803,181$51,204,603$27,957,229$319,820,973
74$400,838,362$53,640,885$28,821,053$351,751,660
75$441,648,840$56,194,253$29,711,523$386,909,330
76$486,619,623$58,870,373$30,629,461$425,621,788
77$536,174,988$61,675,185$31,575,711$468,250,216
78$590,782,486$64,614,917$32,551,146$515,192,572
79$650,957,354$67,696,103$33,556,664$566,887,335
80$717,267,383$70,925,590$34,593,191$623,817,639
81$790,338,274$74,310,563$35,661,681$686,515,824
82$870,859,550$77,858,552$36,763,119$755,568,449
83$959,591,059$81,577,456$37,898,519$831,621,820
84$1,057,370,153$85,475,557$39,068,925$915,388,082
85$1,165,119,589$89,561,541$40,275,415$1,007,651,928
86$1,283,856,245$93,844,514$41,519,099$1,109,277,996
87$1,414,700,716$98,334,029$42,801,123$1,221,219,018
88$1,558,887,893$103,040,100$44,122,664$1,344,524,801
89$1,717,778,625$107,973,232$45,484,941$1,480,352,128
90$1,892,872,563$113,144,439$46,889,204$1,629,975,655
91$2,085,822,319$118,565,271$48,336,747$1,794,799,939
92$2,298,449,067$124,247,841$49,828,900$1,976,372,676
93$2,532,759,740$130,204,853$51,367,036$2,176,399,297
94$2,790,965,970$136,449,628$52,952,569$2,396,759,050
95$3,075,504,975$142,996,136$54,586,956$2,639,522,726
96$3,389,062,564$149,859,027$56,271,700$2,906,972,184
97$3,734,598,493$157,053,668$58,008,350$3,201,621,878
98$4,115,374,411$164,596,169$59,798,501$3,526,242,573
99$4,534,984,649$172,503,429$61,643,799$3,883,887,478
100$4,997,390,156$180,793,170$63,545,939$4,277,921,052