Can I retire at age 35 with 8,800,000?

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 $8,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$726,696$720,223$713,907$707,743$701,724$694,107
2 years$359,750$353,050$346,557$340,261$334,154$326,485
3 years$237,451$230,722$224,245$218,009$212,001$204,518
4 years$176,314$169,605$163,193$157,063$151,201$143,961
5 years$139,641$132,973$126,645$120,639$114,941$107,965
6 years$115,200$108,582$102,348$96,476$90,949$84,246
7 years$97,749$91,187$85,051$79,318$73,966$67,539
8 years$84,667$78,164$72,130$66,538$61,362$55,210
9 years$74,498$68,056$62,126$56,676$51,675$45,797
10 years$66,367$59,988$54,163$48,855$44,030$38,421
11 years$59,718$53,404$47,684$42,519$37,867$32,523
12 years$54,182$47,932$42,318$37,295$32,815$27,730
13 years$49,501$43,317$37,809$32,925$28,615$23,783
14 years$45,493$39,374$33,971$29,228$25,084$20,498
15 years$42,022$35,969$30,671$26,066$22,086$17,739
16 years$38,987$33,001$27,808$23,339$19,520$15,404
17 years$36,313$30,392$25,304$20,970$17,307$13,416
18 years$33,938$28,084$23,100$18,898$15,389$11,714
19 years$31,816$26,028$21,147$17,076$13,717$10,249
20 years$29,908$24,186$19,407$15,466$12,252$8,985
21 years$28,185$22,529$17,851$14,036$10,964$7,889
22 years$26,620$21,030$16,452$12,762$9,828$6,936
23 years$25,193$19,669$15,191$11,623$8,822$6,106
24 years$23,887$18,428$14,049$10,601$7,929$5,380
25 years$22,688$17,294$13,012$9,681$7,135$4,746
26 years$21,582$16,254$12,068$8,852$6,427$4,189
27 years$20,560$15,296$11,206$8,102$5,795$3,700
28 years$19,613$14,414$10,418$7,423$5,229$3,271
29 years$18,733$13,598$9,695$6,807$4,721$2,893
30 years$17,913$12,842$9,030$6,248$4,266$2,560
31 years$17,147$12,140$8,419$5,738$3,857$2,266
32 years$16,431$11,487$7,855$5,273$3,489$2,006
33 years$15,760$10,878$7,334$4,849$3,157$1,777
34 years$15,129$10,310$6,852$4,462$2,859$1,575
35 years$14,536$9,779$6,407$4,107$2,589$1,396
36 years$13,976$9,281$5,993$3,783$2,346$1,237
37 years$13,449$8,815$5,609$3,485$2,126$1,097
38 years$12,950$8,378$5,253$3,212$1,928$973
39 years$12,478$7,966$4,922$2,962$1,748$863
40 years$12,031$7,579$4,613$2,732$1,585$766
41 years$11,607$7,215$4,325$2,521$1,438$679
42 years$11,204$6,871$4,057$2,326$1,305$603
43 years$10,820$6,547$3,807$2,147$1,185$535
44 years$10,456$6,240$3,574$1,983$1,075$475
45 years$10,108$5,951$3,356$1,831$976$421
46 years$9,777$5,677$3,152$1,691$886$374
47 years$9,460$5,417$2,961$1,563$805$332
48 years$9,158$5,172$2,783$1,444$731$295
49 years$8,869$4,939$2,615$1,335$664$262
50 years$8,592$4,718$2,459$1,233$603$232

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,800,000, adding $5,904 every year, while hoping to spend $49,956 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: 60/35/5 Blend
34$8,800,000$8,800,000$8,800,000$8,800,000
35$9,703,690$9,237,290$9,100,890$10,277,352
36$10,640,314$9,636,764$9,352,617$11,061,063
37$11,670,798$10,054,139$9,611,103$11,909,150
38$12,804,666$10,490,237$9,876,520$12,832,831
39$14,052,406$10,945,923$10,149,048$13,839,367
40$15,425,578$11,422,100$10,428,868$14,936,744
41$16,936,919$11,919,715$10,716,166$16,133,739
42$18,600,460$12,439,757$11,011,134$17,440,005
43$20,431,667$12,983,264$11,313,967$18,866,158
44$22,447,576$13,551,324$11,624,864$20,423,872
45$24,666,962$14,145,072$11,944,030$22,125,989
46$27,110,512$14,765,700$12,271,675$23,986,637
47$29,801,021$15,414,456$12,608,013$26,021,355
48$32,763,607$16,092,647$12,953,263$28,247,244
49$36,025,948$16,801,639$13,307,650$30,683,117
50$39,618,541$17,542,866$13,671,403$33,349,679
51$43,574,995$18,317,829$14,044,757$36,269,713
52$47,932,340$19,128,098$14,427,953$39,468,295
53$52,731,385$19,975,321$14,821,235$42,973,025
54$58,017,095$20,861,221$15,224,856$46,814,279
55$63,839,022$21,787,604$15,639,072$51,025,497
56$70,251,768$22,756,362$16,064,146$55,643,491
57$77,315,500$23,769,475$16,500,346$60,708,785
58$85,096,521$24,829,020$16,947,948$66,265,995
59$93,667,894$25,937,169$17,407,232$72,364,242
60$103,110,130$27,096,202$17,878,485$79,057,613
61$113,511,949$28,308,502$18,362,001$86,405,660
62$124,971,119$29,576,569$18,858,079$94,473,960
63$137,595,374$30,903,022$19,367,025$103,334,724
64$151,503,435$32,290,603$19,889,153$113,067,475
65$166,826,128$33,742,185$20,424,783$123,759,786
66$183,707,620$35,260,779$20,974,240$135,508,103
67$202,306,779$36,849,539$21,537,859$148,418,644
68$222,798,673$38,511,769$22,115,979$162,608,397
69$245,376,223$40,250,931$22,708,950$178,206,210
70$270,252,024$42,070,653$23,317,126$195,354,001
71$297,660,350$43,974,735$23,940,870$214,208,086
72$327,859,369$45,967,159$24,580,552$234,940,648
73$361,133,574$48,052,099$25,236,549$257,741,346
74$397,796,472$50,233,926$25,909,248$282,819,096
75$438,193,546$52,517,222$26,599,041$310,404,034
76$482,705,509$54,906,787$27,306,330$340,749,671
77$531,751,903$57,407,652$28,031,525$374,135,277
78$585,795,058$60,025,088$28,775,041$410,868,502
79$645,344,455$62,764,619$29,537,307$451,288,265
80$710,961,537$65,632,033$30,318,754$495,767,940
81$783,265,008$68,633,396$31,119,826$544,718,866
82$862,936,673$71,775,067$31,940,975$598,594,209
83$950,727,875$75,063,706$32,782,658$657,893,227
84$1,047,466,586$78,506,296$33,645,346$723,165,965
85$1,154,065,227$82,110,154$34,529,514$795,018,426
86$1,271,529,276$85,882,947$35,435,649$874,118,273
87$1,400,966,765$89,832,714$36,364,245$961,201,114
88$1,543,598,734$93,967,876$37,315,807$1,057,077,421
89$1,700,770,765$98,297,263$38,290,847$1,162,640,160
90$1,873,965,680$102,830,125$39,289,887$1,278,873,196
91$2,064,817,539$107,576,161$40,313,458$1,406,860,561
92$2,275,127,070$112,545,535$41,362,100$1,547,796,654
93$2,506,878,664$117,748,899$42,436,364$1,702,997,497
94$2,762,259,113$123,197,420$43,536,807$1,873,913,125
95$3,043,678,250$128,902,802$44,663,998$2,062,141,247
96$3,353,791,704$134,877,311$45,818,514$2,269,442,298
97$3,695,525,966$141,133,808$47,000,943$2,497,756,028
98$4,072,106,019$147,685,769$48,211,879$2,749,219,775
99$4,487,085,784$154,547,323$49,451,928$3,026,188,612
100$4,944,381,672$161,733,279$50,721,705$3,331,257,537