Can I retire at age 35 with 19,700,000?

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 $19,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,626,808$1,612,317$1,598,179$1,584,380$1,570,906$1,548,709
2 years$805,350$790,351$775,815$761,721$748,050$725,731
3 years$531,567$516,503$502,004$488,042$474,594$452,845
4 years$394,702$379,685$365,330$351,607$338,484$317,474
5 years$312,605$297,677$283,511$270,068$257,310$237,099
6 years$257,891$243,076$229,119$215,975$203,601$184,212
7 years$218,825$204,135$190,399$177,565$165,582$147,023
8 years$189,539$174,981$161,474$148,955$137,366$119,635
9 years$166,773$152,353$139,077$126,877$115,682$98,770
10 years$148,571$134,291$121,251$109,369$98,567$82,461
11 years$133,688$119,552$106,747$95,184$84,771$69,456
12 years$121,294$107,303$94,735$83,489$73,461$58,919
13 years$110,815$96,971$84,640$73,708$64,059$50,270
14 years$101,841$88,144$76,049$65,430$56,154$43,096
15 years$94,071$80,521$68,662$58,352$49,442$37,093
16 years$87,278$73,876$62,253$52,248$43,697$32,034
17 years$81,291$68,037$56,647$46,944$38,745$27,742
18 years$75,975$62,870$51,712$42,306$34,450$24,084
19 years$71,225$58,267$47,339$38,227$30,706$20,951
20 years$66,954$54,144$43,446$34,622$27,427$18,257
21 years$63,095$50,433$39,962$31,422$24,544$15,934
22 years$59,592$47,078$36,831$28,570$22,001$13,925
23 years$56,398$44,031$34,007$26,019$19,749$12,183
24 years$53,475$41,254$31,451$23,731$17,751$10,669
25 years$50,790$38,715$29,130$21,672$15,973$9,352
26 years$48,315$36,386$27,016$19,816$14,388$8,203
27 years$46,027$34,243$25,087$18,138$12,972$7,200
28 years$43,907$32,267$23,322$16,618$11,705$6,323
29 years$41,936$30,440$21,703$15,239$10,569$5,556
30 years$40,101$28,748$20,215$13,986$9,550$4,884
31 years$38,387$27,176$18,846$12,845$8,634$4,295
32 years$36,783$25,714$17,584$11,805$7,810$3,778
33 years$35,280$24,352$16,418$10,856$7,068$3,325
34 years$33,868$23,080$15,340$9,988$6,399$2,926
35 years$32,540$21,891$14,342$9,195$5,796$2,576
36 years$31,288$20,778$13,416$8,468$5,252$2,268
37 years$30,107$19,734$12,558$7,802$4,760$1,998
38 years$28,991$18,754$11,760$7,191$4,315$1,760
39 years$27,934$17,834$11,017$6,631$3,913$1,550
40 years$26,933$16,967$10,327$6,116$3,549$1,366
41 years$25,983$16,151$9,683$5,643$3,220$1,204
42 years$25,081$15,382$9,083$5,208$2,922$1,061
43 years$24,223$14,656$8,523$4,807$2,652$935
44 years$23,406$13,970$8,001$4,439$2,407$824
45 years$22,628$13,322$7,512$4,099$2,185$726
46 years$21,886$12,708$7,056$3,787$1,984$640
47 years$21,178$12,128$6,629$3,498$1,802$564
48 years$20,501$11,577$6,229$3,233$1,636$497
49 years$19,854$11,056$5,855$2,987$1,486$438
50 years$19,234$10,561$5,505$2,761$1,350$387

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $19,700,000, adding $5,449 every year, while hoping to spend $24,151 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: 67/28/5 Blend
34$19,700,000$19,700,000$19,700,000$19,700,000
35$21,715,021$20,670,921$20,365,571$23,156,451
36$23,904,256$21,658,099$21,022,121$25,099,355
37$26,315,984$22,692,840$21,699,856$27,219,045
38$28,972,874$23,777,449$22,399,460$29,535,526
39$31,899,905$24,914,341$23,121,640$32,067,989
40$35,124,605$26,106,054$23,867,125$34,837,540
41$38,677,308$27,355,244$24,636,666$37,867,398
42$42,591,441$28,664,698$25,431,043$41,183,101
43$46,903,841$30,037,342$26,251,056$44,812,747
44$51,655,100$31,476,239$27,097,533$48,787,250
45$56,889,951$32,984,604$27,971,331$53,140,627
46$62,657,685$34,565,810$28,873,330$57,910,308
47$69,012,625$36,223,391$29,804,443$63,137,487
48$76,014,631$37,961,054$30,765,609$68,867,498
49$83,729,666$39,782,689$31,757,800$75,150,238
50$92,230,424$41,692,373$32,782,018$82,040,627
51$101,597,009$43,694,381$33,839,298$89,599,121
52$111,917,698$45,793,199$34,930,708$97,892,270
53$123,289,767$47,993,530$36,057,350$106,993,335
54$135,820,415$50,300,305$37,220,364$116,982,974
55$149,627,775$52,718,698$38,420,924$127,949,988
56$164,842,027$55,254,133$39,660,244$139,992,150
57$181,606,627$57,912,299$40,939,575$153,217,117
58$200,079,664$60,699,162$42,260,212$167,743,431
59$220,435,350$63,620,981$43,623,489$183,701,626
60$242,865,663$66,684,317$45,030,783$201,235,446
61$267,582,165$69,896,052$46,483,519$220,503,192
62$294,817,992$73,263,405$47,983,163$241,679,193
63$324,830,060$76,793,945$49,531,232$264,955,442
64$357,901,490$80,495,612$51,129,291$290,543,391
65$394,344,276$84,376,731$52,778,957$318,675,928
66$434,502,237$88,446,035$54,481,897$349,609,559
67$478,754,257$92,712,683$56,239,832$383,626,808
68$527,517,866$97,186,280$58,054,542$421,038,869
69$581,253,180$101,876,899$59,927,860$462,188,516
70$640,467,243$106,795,106$61,861,683$507,453,322
71$705,718,818$111,951,981$63,857,964$557,249,199
72$777,623,656$117,359,147$65,918,725$612,034,300
73$856,860,315$123,028,792$68,046,049$672,313,320
74$944,176,564$128,973,699$70,242,088$738,642,231
75$1,040,396,440$135,207,277$72,509,064$811,633,507
76$1,146,428,029$141,743,586$74,849,271$891,961,873
77$1,263,272,043$148,597,376$77,265,076$980,370,648
78$1,392,031,259$155,784,115$79,758,923$1,077,678,728
79$1,533,920,937$163,320,027$82,333,337$1,184,788,283
80$1,690,280,290$171,222,126$84,990,922$1,302,693,240
81$1,862,585,130$179,508,260$87,734,367$1,432,488,632
82$2,052,461,795$188,197,146$90,566,450$1,575,380,890
83$2,261,702,508$197,308,417$93,490,037$1,732,699,199
84$2,492,282,297$206,862,663$96,508,086$1,905,908,003
85$2,746,377,638$216,881,480$99,623,654$2,096,620,781
86$3,026,387,004$227,387,519$102,839,893$2,306,615,239
87$3,334,953,509$238,404,538$106,160,060$2,537,850,040
88$3,674,989,861$249,957,454$109,587,516$2,792,483,246
89$4,049,705,860$262,072,402$113,125,731$3,072,892,637
90$4,462,638,702$274,776,795$116,778,287$3,381,698,102
91$4,917,686,374$288,099,382$120,548,885$3,721,786,318
92$5,419,144,452$302,070,320$124,441,340$4,096,337,935
93$5,971,746,658$316,721,237$128,459,596$4,508,857,543
94$6,580,709,546$332,085,307$132,607,722$4,963,206,688
95$7,251,781,758$348,197,326$136,889,919$5,463,640,260
96$7,991,298,291$365,093,788$141,310,525$6,014,846,582
97$8,806,240,306$382,812,973$145,874,017$6,621,991,603
98$9,704,301,039$401,395,030$150,585,018$7,290,767,577
99$10,693,958,429$420,882,071$155,448,300$8,027,446,722
100$11,784,555,162$441,318,265$160,468,791$8,838,940,344