Can I retire at age 35 with 8,900,000?

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 $8,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$734,954$728,407$722,020$715,786$709,698$682,889
2 years$363,838$357,062$350,495$344,128$337,952$311,253
3 years$240,150$233,344$226,794$220,486$214,410$188,662
4 years$178,317$171,533$165,048$158,848$152,919$128,318
5 years$141,228$134,484$128,084$122,010$116,247$92,856
6 years$116,509$109,816$103,511$97,573$91,982$69,818
7 years$98,860$92,223$86,018$80,220$74,806$53,862
8 years$85,629$79,052$72,950$67,294$62,059$42,315
9 years$75,344$68,829$62,832$57,320$52,263$33,691
10 years$67,121$60,670$54,778$49,410$44,530$27,098
11 years$60,397$54,011$48,226$43,002$38,298$21,965
12 years$54,798$48,477$42,799$37,718$33,188$17,913
13 years$50,064$43,809$38,238$33,300$28,940$14,680
14 years$46,010$39,821$34,357$29,560$25,369$12,078
15 years$42,499$36,377$31,020$26,362$22,337$9,968
16 years$39,430$33,376$28,124$23,604$19,741$8,247
17 years$36,726$30,738$25,592$21,208$17,504$6,838
18 years$34,324$28,403$23,362$19,113$15,564$5,679
19 years$32,178$26,324$21,387$17,270$13,872$4,724
20 years$30,248$24,461$19,628$15,642$12,391$3,933
21 years$28,505$22,785$18,054$14,196$11,089$3,279
22 years$26,922$21,269$16,639$12,907$9,939$2,735
23 years$25,479$19,892$15,363$11,755$8,922$2,283
24 years$24,159$18,638$14,209$10,721$8,019$1,907
25 years$22,946$17,490$13,160$9,791$7,216$1,593
26 years$21,828$16,438$12,205$8,952$6,500$1,332
27 years$20,794$15,470$11,334$8,194$5,860$1,113
28 years$19,836$14,578$10,536$7,508$5,288$931
29 years$18,946$13,752$9,805$6,885$4,775$779
30 years$18,117$12,988$9,133$6,319$4,314$652
31 years$17,342$12,278$8,514$5,803$3,901$546
32 years$16,618$11,617$7,944$5,333$3,528$457
33 years$15,939$11,002$7,417$4,904$3,193$382
34 years$15,301$10,427$6,930$4,512$2,891$320
35 years$14,701$9,890$6,479$4,154$2,619$268
36 years$14,135$9,387$6,061$3,826$2,373$224
37 years$13,602$8,915$5,673$3,525$2,150$188
38 years$13,097$8,473$5,313$3,249$1,949$157
39 years$12,620$8,057$4,977$2,996$1,768$132
40 years$12,168$7,665$4,665$2,763$1,604$110
41 years$11,739$7,297$4,375$2,549$1,455$92
42 years$11,331$6,949$4,104$2,353$1,320$77
43 years$10,943$6,621$3,851$2,172$1,198$65
44 years$10,574$6,311$3,614$2,005$1,087$54
45 years$10,223$6,018$3,394$1,852$987$45
46 years$9,888$5,741$3,188$1,711$896$38
47 years$9,568$5,479$2,995$1,580$814$32
48 years$9,262$5,230$2,814$1,460$739$27
49 years$8,969$4,995$2,645$1,350$671$22
50 years$8,690$4,771$2,487$1,248$610$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $8,900,000, adding $2,415 every year, while hoping to spend $46,637 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: 51/37/12 Blend
34$8,900,000$8,900,000$8,900,000$8,900,000
35$9,810,291$9,338,591$9,200,641$10,279,046
36$10,761,319$9,746,561$9,459,241$11,007,825
37$11,807,789$10,172,958$9,724,941$11,794,527
38$12,959,387$10,618,636$9,997,930$12,648,705
39$14,226,785$11,084,489$10,278,401$13,576,727
40$15,621,741$11,571,454$10,566,552$14,585,590
41$17,157,214$12,080,510$10,862,586$15,682,982
42$18,847,480$12,612,685$11,166,713$16,877,351
43$20,708,270$13,169,053$11,479,145$18,177,983
44$22,756,918$13,750,742$11,800,101$19,595,084
45$25,012,526$14,358,930$12,129,806$21,139,875
46$27,496,139$14,994,853$12,468,490$22,824,693
47$30,230,949$15,659,805$12,816,389$24,663,103
48$33,242,511$16,355,141$13,173,743$26,670,024
49$36,558,985$17,082,280$13,540,801$28,861,864
50$40,211,400$17,842,710$13,917,816$31,256,671
51$44,233,948$18,637,988$14,305,048$33,874,298
52$48,664,307$19,469,746$14,702,764$36,736,588
53$53,543,995$20,339,693$15,111,236$39,867,572
54$58,918,764$21,249,619$15,530,743$43,293,693
55$64,839,027$22,201,399$15,961,572$47,044,048
56$71,360,339$23,196,999$16,404,016$51,150,659
57$78,543,918$24,238,477$16,858,375$55,648,768
58$86,457,225$25,327,989$17,324,958$60,577,165
59$95,174,597$26,467,795$17,804,079$65,978,545
60$104,777,950$27,660,262$18,296,060$71,899,906
61$115,357,555$28,907,869$18,801,232$78,392,985
62$127,012,886$30,213,215$19,319,934$85,514,739
63$139,853,560$31,579,022$19,852,511$93,327,875
64$154,000,372$33,008,142$20,399,318$101,901,433
65$169,586,433$34,503,565$20,960,719$111,311,431
66$186,758,430$36,068,420$21,537,084$121,641,570
67$205,678,008$37,705,991$22,128,794$132,984,019
68$226,523,294$39,419,714$22,736,238$145,440,273
69$249,490,583$41,213,193$23,359,815$159,122,100
70$274,796,185$43,090,202$23,999,932$174,152,588
71$302,678,472$45,054,698$24,657,006$190,667,294
72$333,400,124$47,110,826$25,331,463$208,815,512
73$367,250,611$49,262,931$26,023,742$228,761,669
74$404,548,924$51,515,565$26,734,287$250,686,868
75$445,646,584$53,873,498$27,463,556$274,790,581
76$490,930,967$56,341,730$28,212,016$301,292,518
77$540,828,953$58,925,502$28,980,146$330,434,687
78$595,810,958$61,630,304$29,768,433$362,483,665
79$656,395,377$64,461,890$30,577,377$397,733,096
80$723,153,476$67,426,293$31,407,490$436,506,447
81$796,714,783$70,529,834$32,259,293$479,160,044
82$877,773,032$73,779,137$33,133,320$526,086,418
83$967,092,713$77,181,146$34,030,118$577,717,991
84$1,065,516,287$80,743,139$34,950,244$634,531,136
85$1,173,972,138$84,472,744$35,894,267$697,050,657
86$1,293,483,342$88,377,954$36,862,771$765,854,716
87$1,425,177,319$92,467,150$37,856,350$841,580,275
88$1,570,296,481$96,749,115$38,875,613$924,929,078
89$1,730,209,955$101,233,055$39,921,179$1,016,674,254
90$1,906,426,516$105,928,620$40,993,684$1,117,667,587
91$2,100,608,823$110,845,925$42,093,775$1,228,847,532
92$2,314,589,120$115,995,572$43,222,113$1,351,248,046
93$2,550,386,530$121,388,675$44,379,374$1,486,008,313
94$2,810,226,119$127,036,883$45,566,246$1,634,383,474
95$3,096,559,902$132,952,409$46,783,434$1,797,756,436
96$3,412,089,988$139,148,054$48,031,655$1,977,650,897
97$3,759,794,094$145,637,235$49,311,643$2,175,745,694
98$4,142,953,653$152,434,021$50,624,144$2,393,890,611
99$4,565,184,794$159,553,157$51,969,922$2,634,123,804
100$5,030,472,483$167,010,101$53,349,754$2,898,690,999