Can I retire at age 35 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$809,275$802,066$795,033$788,169$781,466$766,628
2 years$400,631$393,170$385,938$378,927$372,127$357,236
3 years$264,434$256,941$249,728$242,782$236,092$221,613
4 years$196,349$188,879$181,738$174,911$168,383$154,426
5 years$155,509$148,083$141,036$134,348$128,002$114,607
6 years$128,291$120,921$113,978$107,440$101,284$88,466
7 years$108,857$101,549$94,716$88,332$82,371$70,133
8 years$94,288$87,047$80,327$74,099$68,335$56,674
9 years$82,963$75,790$69,186$63,116$57,548$46,457
10 years$73,908$66,805$60,318$54,407$49,033$38,503
11 years$66,505$59,472$53,103$47,350$42,170$32,187
12 years$60,339$53,379$47,127$41,533$36,544$27,094
13 years$55,126$48,239$42,105$36,667$31,867$22,935
14 years$50,662$43,848$37,832$32,549$27,934$19,504
15 years$46,797$40,056$34,157$29,028$24,596$16,649
16 years$43,418$36,751$30,968$25,991$21,738$14,258
17 years$40,439$33,846$28,180$23,353$19,274$12,243
18 years$37,795$31,275$25,725$21,046$17,138$10,536
19 years$35,431$28,986$23,550$19,017$15,275$9,085
20 years$33,307$26,935$21,613$17,223$13,644$7,846
21 years$31,388$25,089$19,879$15,631$12,210$6,786
22 years$29,645$23,419$18,322$14,212$10,944$5,876
23 years$28,056$21,904$16,917$12,943$9,824$5,094
24 years$26,602$20,522$15,645$11,805$8,830$4,419
25 years$25,266$19,259$14,491$10,781$7,946$3,837
26 years$24,035$18,101$13,440$9,858$7,157$3,333
27 years$22,897$17,035$12,480$9,023$6,453$2,898
28 years$21,842$16,052$11,602$8,267$5,823$2,520
29 years$20,862$15,143$10,796$7,581$5,258$2,193
30 years$19,949$14,301$10,056$6,958$4,751$1,909
31 years$19,096$13,519$9,375$6,390$4,295$1,662
32 years$18,298$12,792$8,747$5,872$3,885$1,447
33 years$17,550$12,114$8,167$5,400$3,516$1,261
34 years$16,848$11,481$7,631$4,969$3,183$1,099
35 years$16,187$10,890$7,135$4,574$2,883$958
36 years$15,565$10,336$6,674$4,213$2,612$835
37 years$14,977$9,817$6,247$3,881$2,368$728
38 years$14,422$9,330$5,850$3,577$2,147$634
39 years$13,896$8,872$5,481$3,299$1,947$553
40 years$13,398$8,441$5,137$3,042$1,766$482
41 years$12,926$8,035$4,817$2,807$1,602$421
42 years$12,477$7,652$4,519$2,591$1,454$367
43 years$12,050$7,291$4,240$2,391$1,319$320
44 years$11,644$6,950$3,980$2,208$1,197$279
45 years$11,257$6,627$3,737$2,039$1,087$244
46 years$10,888$6,322$3,510$1,884$987$212
47 years$10,535$6,033$3,298$1,740$896$185
48 years$10,198$5,759$3,099$1,608$814$162
49 years$9,876$5,500$2,913$1,486$739$141
50 years$9,568$5,254$2,738$1,374$671$123

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $9,800,000, adding $2,746 every year, while hoping to spend $46,509 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: 57/37/6 Blend
34$9,800,000$9,800,000$9,800,000$9,800,000
35$10,802,432$10,283,032$10,131,132$11,404,603
36$11,854,795$10,737,416$10,421,040$12,264,067
37$13,012,941$11,212,505$10,719,101$13,194,545
38$14,287,609$11,709,266$11,025,539$14,207,151
39$15,690,634$12,228,710$11,340,584$15,309,725
40$17,235,058$12,771,895$11,664,473$16,510,884
41$18,935,248$13,339,932$11,997,447$17,820,100
42$20,807,037$13,933,983$12,339,755$19,247,783
43$22,867,871$14,555,264$12,691,653$20,805,382
44$25,136,973$15,205,052$13,053,403$22,505,481
45$27,635,526$15,884,681$13,425,274$24,361,923
46$30,386,871$16,595,552$13,807,541$26,389,929
47$33,416,728$17,339,129$14,200,490$28,606,241
48$36,753,437$18,116,950$14,604,409$31,029,275
49$40,428,229$18,930,622$15,019,598$33,679,292
50$44,475,517$19,781,831$15,446,363$36,578,582
51$48,933,222$20,672,342$15,885,019$39,751,668
52$53,843,130$21,604,007$16,335,887$43,225,538
53$59,251,289$22,578,764$16,799,299$47,029,888
54$65,208,440$23,598,642$17,275,594$51,197,400
55$71,770,495$24,665,770$17,765,121$55,764,042
56$78,999,071$25,782,377$18,268,238$60,769,407
57$86,962,062$26,950,800$18,785,310$66,257,070
58$95,734,289$28,173,486$19,316,714$72,275,004
59$105,398,199$29,452,999$19,862,836$78,876,017
60$116,044,646$30,792,027$20,424,073$86,118,245
61$127,773,750$32,193,386$21,000,829$94,065,695
62$140,695,838$33,660,028$21,593,522$102,788,841
63$154,932,488$35,195,043$22,202,579$112,365,276
64$170,617,674$36,801,673$22,828,439$122,880,442
65$187,899,035$38,483,313$23,471,549$134,428,421
66$206,939,263$40,243,522$24,132,373$147,112,817
67$227,917,642$42,086,028$24,811,381$161,047,723
68$251,031,738$44,014,741$25,509,059$176,358,785
69$276,499,267$46,033,755$26,225,905$193,184,379
70$304,560,146$48,147,363$26,962,426$211,676,906
71$335,478,761$50,360,063$27,719,147$232,004,214
72$369,546,458$52,676,570$28,496,602$254,351,175
73$407,084,300$55,101,825$29,295,342$278,921,411
74$448,446,091$57,641,007$30,115,928$305,939,209
75$494,021,720$60,299,544$30,958,939$335,651,613
76$544,240,837$63,083,123$31,824,966$368,330,752
77$599,576,915$65,997,709$32,714,614$404,276,383
78$660,551,713$69,049,550$33,628,507$443,818,709
79$727,740,207$72,245,196$34,567,281$487,321,478
80$801,776,011$75,591,514$35,531,588$535,185,395
81$883,357,367$79,095,701$36,522,098$587,851,886
82$973,253,727$82,765,299$37,539,497$645,807,248
83$1,072,313,023$86,608,215$38,584,487$709,587,214
84$1,181,469,672$90,632,737$39,657,788$779,781,989
85$1,301,753,391$94,847,554$40,760,136$857,041,799
86$1,434,298,925$99,261,773$41,892,289$942,083,003
87$1,580,356,754$103,884,938$43,055,019$1,035,694,833
88$1,741,304,901$108,727,058$44,249,120$1,138,746,814
89$1,918,661,939$113,798,622$45,475,404$1,252,196,944
90$2,114,101,329$119,110,627$46,734,702$1,377,100,711
91$2,329,467,217$124,674,600$48,027,867$1,514,621,025
92$2,566,791,843$130,502,625$49,355,771$1,666,039,163
93$2,828,314,729$136,607,372$50,719,307$1,832,766,829
94$3,116,503,818$143,002,119$52,119,390$2,016,359,451
95$3,434,078,775$149,700,790$53,556,957$2,218,530,820
96$3,784,036,662$156,717,981$55,032,967$2,441,169,237
97$4,169,680,231$164,068,992$56,548,401$2,686,355,294
98$4,594,649,108$171,769,866$58,104,266$2,956,381,472
99$5,062,954,146$179,837,419$59,701,588$3,253,773,744
100$5,579,015,300$188,289,284$61,341,423$3,581,315,366