Can I retire at age 35 with 8,700,000?

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 $8,700,000?

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%
1 years$718,438$712,038$705,795$699,701$693,750$684,797
2 years$355,662$349,038$342,619$336,395$330,357$321,350
3 years$234,753$228,100$221,697$215,531$209,592$200,811
4 years$174,310$167,678$161,339$155,278$149,483$140,995
5 years$138,054$131,462$125,205$119,269$113,635$105,465
6 years$113,891$107,348$101,185$95,380$89,915$82,073
7 years$96,638$90,151$84,085$78,417$73,125$65,614
8 years$83,705$77,276$71,311$65,782$60,664$53,483
9 years$73,651$67,283$61,420$56,032$51,088$44,234
10 years$65,612$59,306$53,547$48,300$43,530$36,997
11 years$59,040$52,797$47,142$42,035$37,437$31,221
12 years$53,566$47,388$41,837$36,871$32,442$26,535
13 years$48,939$42,825$37,379$32,551$28,290$22,684
14 years$44,976$38,926$33,585$28,895$24,799$19,486
15 years$41,544$35,560$30,323$25,770$21,835$16,806
16 years$38,544$32,626$27,492$23,074$19,298$14,544
17 years$35,900$30,047$25,017$20,732$17,111$12,622
18 years$33,553$27,765$22,837$18,683$15,214$10,981
19 years$31,454$25,732$20,906$16,882$13,561$9,574
20 years$29,569$23,911$19,187$15,290$12,113$8,361
21 years$27,864$22,273$17,648$13,877$10,839$7,314
22 years$26,317$20,791$16,265$12,617$9,716$6,406
23 years$24,907$19,445$15,018$11,491$8,722$5,618
24 years$23,616$18,219$13,889$10,480$7,839$4,931
25 years$22,430$17,097$12,864$9,571$7,054$4,333
26 years$21,337$16,069$11,931$8,751$6,354$3,809
27 years$20,327$15,123$11,079$8,010$5,729$3,352
28 years$19,390$14,250$10,299$7,339$5,169$2,951
29 years$18,520$13,443$9,584$6,730$4,668$2,599
30 years$17,709$12,696$8,928$6,177$4,217$2,290
31 years$16,953$12,002$8,323$5,673$3,813$2,019
32 years$16,244$11,356$7,765$5,213$3,449$1,781
33 years$15,580$10,754$7,251$4,794$3,121$1,571
34 years$14,957$10,193$6,775$4,411$2,826$1,386
35 years$14,370$9,668$6,334$4,061$2,560$1,223
36 years$13,818$9,176$5,925$3,740$2,319$1,080
37 years$13,296$8,715$5,546$3,446$2,102$953
38 years$12,803$8,282$5,193$3,176$1,906$842
39 years$12,336$7,876$4,866$2,928$1,728$744
40 years$11,894$7,493$4,561$2,701$1,567$657
41 years$11,475$7,133$4,276$2,492$1,422$580
42 years$11,076$6,793$4,011$2,300$1,290$513
43 years$10,697$6,472$3,764$2,123$1,171$453
44 years$10,337$6,169$3,533$1,960$1,063$400
45 years$9,993$5,883$3,318$1,810$965$354
46 years$9,665$5,612$3,116$1,672$876$313
47 years$9,353$5,356$2,927$1,545$796$276
48 years$9,054$5,113$2,751$1,428$723$244
49 years$8,768$4,883$2,586$1,319$656$216
50 years$8,494$4,664$2,431$1,219$596$191

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,700,000, adding $3,352 every year, while hoping to spend $29,146 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: 72/10/18 Blend
34$8,700,000$8,700,000$8,700,000$8,700,000
35$9,590,858$9,129,758$8,994,908$10,240,513
36$10,538,114$9,546,105$9,265,226$11,088,974
37$11,581,014$9,981,876$9,543,623$12,014,037
38$12,729,281$10,437,992$9,830,339$13,026,388
39$13,993,633$10,915,419$10,125,620$14,134,676
40$15,385,877$11,415,167$10,429,721$15,348,424
41$16,919,023$11,938,297$10,742,904$16,678,115
42$18,607,410$12,485,920$11,065,438$18,135,291
43$20,466,835$13,059,200$11,397,600$19,732,662
44$22,514,709$13,659,357$11,739,675$21,484,222
45$24,770,213$14,287,670$12,091,958$23,405,380
46$27,254,488$14,945,478$12,454,752$25,513,107
47$29,990,826$15,634,187$12,828,367$27,826,088
48$33,004,897$16,355,269$13,213,124$30,364,907
49$36,324,986$17,110,267$13,609,353$33,152,227
50$39,982,262$17,900,797$14,017,393$36,213,014
51$44,011,072$18,728,556$14,437,596$39,574,762
52$48,449,265$19,595,319$14,870,319$43,267,757
53$53,338,550$20,502,949$15,315,934$47,325,354
54$58,724,886$21,453,398$15,774,822$51,784,298
55$64,658,922$22,448,712$16,247,376$56,685,061
56$71,196,468$23,491,035$16,734,000$62,072,226
57$78,399,028$24,582,616$17,235,109$67,994,907
58$86,334,375$25,725,810$17,751,131$74,507,203
59$95,077,195$26,923,089$18,282,508$81,668,716
60$104,709,789$28,177,040$18,829,692$89,545,102
61$115,322,851$29,490,379$19,393,150$98,208,693
62$127,016,325$30,865,950$19,973,364$107,739,176
63$139,900,345$32,306,737$20,570,826$118,224,342
64$154,096,278$33,815,865$21,186,047$129,760,911
65$169,737,869$35,396,612$21,819,550$142,455,442
66$186,972,500$37,052,415$22,471,873$156,425,336
67$205,962,587$38,786,876$23,143,573$171,799,941
68$226,887,108$40,603,770$23,835,220$188,721,767
69$249,943,295$42,507,056$24,547,402$207,347,832
70$275,348,495$44,500,885$25,280,723$227,851,136
71$303,342,220$46,589,608$26,035,806$250,422,289
72$334,188,414$48,777,786$26,813,293$275,271,313
73$368,177,935$51,070,201$27,613,842$302,629,611
74$405,631,311$53,471,866$28,438,131$332,752,154
75$446,901,756$55,988,040$29,286,861$365,919,880
76$492,378,513$58,624,231$30,160,748$402,442,339
77$542,490,521$61,386,218$31,060,533$442,660,615
78$597,710,470$64,280,058$31,986,976$486,950,536
79$658,559,260$67,312,104$32,940,862$535,726,216
80$725,610,920$70,489,012$33,922,996$589,443,962
81$799,498,025$73,817,765$34,934,209$648,606,572
82$880,917,672$77,305,684$35,975,352$713,768,075
83$970,638,054$80,960,441$37,047,306$785,538,958
84$1,069,505,718$84,790,086$38,150,974$864,591,917
85$1,178,453,556$88,803,055$39,287,286$951,668,203
86$1,298,509,608$93,008,194$40,457,199$1,047,584,611
87$1,430,806,771$97,414,779$41,661,699$1,153,241,185
88$1,576,593,495$102,032,536$42,901,799$1,269,629,703
89$1,737,245,564$106,871,663$44,178,542$1,397,843,031
90$1,914,279,090$111,942,852$45,493,001$1,539,085,434
91$2,109,364,821$117,257,316$46,846,280$1,694,683,934
92$2,324,343,918$122,826,810$48,239,516$1,866,100,827
93$2,561,245,336$128,663,662$49,673,878$2,054,947,476
94$2,822,304,976$134,780,797$51,150,569$2,262,999,516
95$3,109,986,797$141,191,770$52,670,827$2,492,213,602
96$3,427,006,075$147,910,791$54,235,924$2,744,745,872
97$3,776,355,039$154,952,764$55,847,172$3,022,972,288
98$4,161,331,119$162,333,316$57,505,918$3,329,511,052
99$4,585,568,077$170,068,832$59,213,550$3,667,247,314
100$5,053,070,313$178,176,496$60,971,496$4,039,360,394