Can I retire at age 35 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,309,620
2 years$682,708$669,993$657,671$645,723$634,134$611,972
3 years$450,618$437,848$425,556$413,721$402,321$380,748
4 years$334,595$321,865$309,696$298,063$286,938$266,121
5 years$265,000$252,346$240,337$228,941$218,126$198,124
6 years$218,618$206,059$194,228$183,086$172,596$153,432
7 years$185,501$173,048$161,404$150,525$140,367$122,047
8 years$160,675$148,334$136,884$126,272$116,448$98,968
9 years$141,376$129,152$117,898$107,555$98,066$81,417
10 years$125,946$113,841$102,786$92,714$83,557$67,725
11 years$113,329$101,346$90,491$80,689$71,862$56,830
12 years$102,823$90,963$80,309$70,775$62,274$48,023
13 years$93,940$82,204$71,750$62,484$54,304$40,813
14 years$86,333$74,721$64,468$55,466$47,603$34,848
15 years$79,745$68,259$58,206$49,466$41,913$29,871
16 years$73,987$62,626$52,772$44,291$37,043$25,689
17 years$68,912$57,676$48,021$39,795$32,845$22,153
18 years$64,405$53,296$43,837$35,864$29,204$19,148
19 years$60,378$49,394$40,130$32,406$26,030$16,584
20 years$56,758$45,899$36,830$29,350$23,251$14,387
21 years$53,487$42,753$33,876$26,637$20,807$12,500
22 years$50,517$39,909$31,222$24,219$18,650$10,874
23 years$47,810$37,326$28,828$22,057$16,742$9,470
24 years$45,332$34,972$26,661$20,117$15,048$8,254
25 years$43,055$32,819$24,694$18,372$13,541$7,201
26 years$40,957$30,845$22,902$16,798$12,197$6,286
27 years$39,018$29,029$21,267$15,376$10,997$5,491
28 years$37,221$27,353$19,770$14,088$9,922$4,799
29 years$35,550$25,805$18,398$12,919$8,960$4,196
30 years$33,994$24,370$17,137$11,856$8,096$3,671
31 years$32,541$23,038$15,976$10,889$7,319$3,212
32 years$31,182$21,798$14,906$10,007$6,621$2,811
33 years$29,907$20,643$13,918$9,202$5,992$2,462
34 years$28,710$19,565$13,004$8,467$5,425$2,156
35 years$27,584$18,557$12,158$7,794$4,914$1,888
36 years$26,523$17,614$11,373$7,178$4,452$1,654
37 years$25,522$16,729$10,645$6,614$4,035$1,449
38 years$24,576$15,898$9,969$6,096$3,658$1,270
39 years$23,680$15,118$9,340$5,621$3,317$1,113
40 years$22,832$14,383$8,754$5,185$3,009$976
41 years$22,026$13,692$8,209$4,783$2,730$855
42 years$21,262$13,039$7,700$4,415$2,477$750
43 years$20,534$12,424$7,225$4,075$2,248$658
44 years$19,842$11,843$6,782$3,763$2,040$577
45 years$19,182$11,293$6,368$3,475$1,852$506
46 years$18,553$10,773$5,981$3,210$1,682$443
47 years$17,953$10,281$5,619$2,966$1,527$389
48 years$17,379$9,814$5,281$2,740$1,387$341
49 years$16,830$9,372$4,963$2,533$1,260$299
50 years$16,305$8,953$4,666$2,341$1,144$262

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $16,700,000, adding $6,706 every year, while hoping to spend $30,322 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: 60/33/7 Blend
34$16,700,000$16,700,000$16,700,000$16,700,000
35$18,410,317$17,525,217$17,266,367$19,488,190
36$20,255,907$18,351,691$17,812,528$21,037,230
37$22,288,731$19,217,645$18,375,969$22,721,943
38$24,527,855$20,124,982$18,957,237$24,558,680
39$26,994,288$21,075,698$19,556,897$26,562,064
40$29,711,182$22,071,884$20,175,529$28,748,167
41$32,704,048$23,115,732$20,813,735$31,134,662
42$36,001,000$24,209,542$21,472,134$33,740,978
43$39,633,017$25,355,725$22,151,366$36,588,478
44$43,634,237$26,556,808$22,852,089$39,700,658
45$48,042,280$27,815,441$23,574,984$43,103,359
46$52,898,599$29,134,405$24,320,753$46,825,002
47$58,248,876$30,516,611$25,090,119$50,896,854
48$64,143,453$31,965,116$25,883,829$55,353,312
49$70,637,802$33,483,124$26,702,654$60,232,220
50$77,793,053$35,073,993$27,547,389$65,575,217
51$85,676,572$36,741,245$28,418,853$71,428,123
52$94,362,591$38,488,575$29,317,893$77,841,362
53$103,932,915$40,319,855$30,245,382$84,870,427
54$114,477,690$42,239,145$31,202,220$92,576,393
55$126,096,256$44,250,705$32,189,337$101,026,485
56$138,898,084$46,358,999$33,207,689$110,294,700
57$153,003,808$48,568,710$34,258,267$120,462,496
58$168,546,368$50,884,748$35,342,089$131,619,543
59$185,672,257$53,312,261$36,460,210$143,864,564
60$204,542,914$55,856,648$37,613,713$157,306,248
61$225,336,238$58,523,571$38,803,719$172,064,264
62$248,248,275$61,318,966$40,031,384$188,270,376
63$273,495,063$64,249,059$41,297,899$206,069,670
64$301,314,675$67,320,379$42,604,495$225,621,910
65$331,969,466$70,539,772$43,952,440$247,103,025
66$365,748,548$73,914,417$45,343,043$270,706,757
67$402,970,520$77,451,843$46,777,655$296,646,468
68$443,986,474$81,159,945$48,257,667$325,157,134
69$489,183,314$85,047,002$49,784,519$356,497,546
70$538,987,404$89,121,697$51,359,692$390,952,728
71$593,868,593$93,393,134$52,984,716$428,836,609
72$654,344,655$97,870,863$54,661,170$470,494,960
73$720,986,172$102,564,897$56,390,680$516,308,633
74$794,421,921$107,485,737$58,174,928$566,697,135
75$875,344,815$112,644,396$60,015,646$622,122,555
76$964,518,437$118,052,422$61,914,621$683,093,903
77$1,062,784,255$123,721,928$63,873,698$750,171,884
78$1,171,069,562$129,665,615$65,894,779$823,974,159
79$1,290,396,231$135,896,805$67,979,829$905,181,145
80$1,421,890,364$142,429,466$70,130,871$994,542,401
81$1,566,792,921$149,278,249$72,349,995$1,092,883,675
82$1,726,471,436$156,458,520$74,639,356$1,201,114,654
83$1,902,432,926$163,986,392$77,001,179$1,320,237,519
84$2,096,338,123$171,878,764$79,437,756$1,451,356,359
85$2,310,017,147$180,153,358$81,951,456$1,595,687,559
86$2,545,486,786$188,828,763$84,544,720$1,754,571,229
87$2,804,969,536$197,924,470$87,220,067$1,929,483,814
88$3,090,914,585$207,460,925$89,980,095$2,122,051,984
89$3,406,020,931$217,459,569$92,827,486$2,334,067,931
90$3,753,262,865$227,942,887$95,765,006$2,567,506,242
91$4,135,918,052$238,934,464$98,795,509$2,824,542,480
92$4,557,598,473$250,459,032$101,921,938$3,107,573,662
93$5,022,284,526$262,542,533$105,147,332$3,419,240,826
94$5,534,362,603$275,212,172$108,474,822$3,762,453,902
95$6,098,666,503$288,496,483$111,907,643$4,140,419,107
96$6,720,523,066$302,425,391$115,449,130$4,556,669,151
97$7,405,802,465$317,030,282$119,102,722$5,015,096,504
98$8,160,973,624$332,344,072$122,871,970$5,519,990,073
99$8,993,165,289$348,401,287$126,760,536$6,076,075,600
100$9,910,233,332$365,238,134$130,772,198$6,688,560,197