Can I retire at age 35 with 4,700,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $4,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$388,122$384,664$381,291$377,999$374,785$361,200
2 years$192,139$188,561$185,093$181,730$178,469$164,931
3 years$126,821$123,227$119,767$116,436$113,228$100,164
4 years$94,168$90,585$87,160$83,886$80,755$68,263
5 years$74,581$71,019$67,640$64,432$61,389$49,502
6 years$61,527$57,993$54,663$51,527$48,575$37,303
7 years$52,207$48,702$45,425$42,363$39,504$28,844
8 years$45,220$41,747$38,524$35,538$32,773$22,714
9 years$39,788$36,348$33,181$30,270$27,599$18,129
10 years$35,446$32,039$28,928$26,093$23,516$14,618
11 years$31,895$28,522$25,468$22,709$20,225$11,880
12 years$28,938$25,600$22,602$19,919$17,526$9,715
13 years$26,438$23,135$20,193$17,585$15,283$7,983
14 years$24,297$21,029$18,144$15,610$13,397$6,586
15 years$22,443$19,211$16,381$13,922$11,796$5,451
16 years$20,823$17,625$14,852$12,465$10,425$4,523
17 years$19,394$16,232$13,515$11,200$9,244$3,762
18 years$18,126$14,999$12,337$10,093$8,219$3,134
19 years$16,993$13,901$11,294$9,120$7,326$2,614
20 years$15,974$12,918$10,365$8,260$6,544$2,184
21 years$15,053$12,032$9,534$7,497$5,856$1,826
22 years$14,217$11,232$8,787$6,816$5,249$1,528
23 years$13,455$10,505$8,113$6,208$4,712$1,279
24 years$12,758$9,842$7,503$5,662$4,235$1,072
25 years$12,117$9,237$6,950$5,171$3,811$898
26 years$11,527$8,681$6,445$4,728$3,433$753
27 years$10,981$8,170$5,985$4,327$3,095$632
28 years$10,475$7,698$5,564$3,965$2,793$530
29 years$10,005$7,262$5,178$3,636$2,522$445
30 years$9,567$6,859$4,823$3,337$2,278$374
31 years$9,158$6,484$4,496$3,065$2,060$314
32 years$8,776$6,135$4,195$2,816$1,863$263
33 years$8,417$5,810$3,917$2,590$1,686$221
34 years$8,080$5,506$3,660$2,383$1,527$186
35 years$7,763$5,223$3,422$2,194$1,383$156
36 years$7,465$4,957$3,201$2,020$1,253$131
37 years$7,183$4,708$2,996$1,861$1,136$110
38 years$6,917$4,474$2,806$1,716$1,030$93
39 years$6,664$4,255$2,629$1,582$934$78
40 years$6,426$4,048$2,464$1,459$847$65
41 years$6,199$3,853$2,310$1,346$768$55
42 years$5,984$3,670$2,167$1,242$697$46
43 years$5,779$3,497$2,033$1,147$633$39
44 years$5,584$3,333$1,909$1,059$574$33
45 years$5,399$3,178$1,792$978$521$27
46 years$5,222$3,032$1,683$903$473$23
47 years$5,053$2,893$1,581$835$430$19
48 years$4,891$2,762$1,486$771$390$16
49 years$4,737$2,638$1,397$713$355$14
50 years$4,589$2,520$1,313$659$322$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $4,700,000, adding $5,077 every year, while hoping to spend $52,943 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: 57/30/13 Blend
34$4,700,000$4,700,000$4,700,000$4,700,000
35$5,184,637$4,935,537$4,862,687$5,462,813
36$5,657,139$5,121,047$4,969,256$5,837,062
37$6,176,062$5,313,873$5,077,621$6,238,397
38$6,746,084$5,514,317$5,187,785$6,674,473
39$7,372,361$5,722,695$5,299,752$7,148,628
40$8,060,571$5,939,336$5,413,523$7,664,533
41$8,816,969$6,164,584$5,529,096$8,226,225
42$9,648,448$6,398,796$5,646,469$8,838,147
43$10,562,601$6,642,348$5,765,636$9,505,184
44$11,567,792$6,895,629$5,886,591$10,232,713
45$12,673,239$7,159,047$6,009,324$11,026,652
46$13,889,095$7,433,026$6,133,822$11,893,509
47$15,226,550$7,718,011$6,260,072$12,840,451
48$16,697,928$8,014,465$6,388,055$13,875,365
49$18,316,813$8,322,870$6,517,751$15,006,930
50$20,098,169$8,643,731$6,649,137$16,244,704
51$22,058,484$8,977,575$6,782,184$17,599,203
52$24,215,925$9,324,952$6,916,863$19,082,011
53$26,590,511$9,686,436$7,053,140$20,705,877
54$29,204,298$10,062,627$7,190,975$22,484,839
55$32,081,590$10,454,150$7,330,327$24,434,356
56$35,249,168$10,861,658$7,471,148$26,571,448
57$38,736,539$11,285,836$7,613,387$28,914,859
58$42,576,218$11,727,394$7,756,988$31,485,230
59$46,804,035$12,187,078$7,901,889$34,305,292
60$51,459,467$12,665,666$8,048,023$37,400,081
61$56,586,018$13,163,969$8,195,318$40,797,167
62$62,231,625$13,682,836$8,343,694$44,526,918
63$68,449,109$14,223,153$8,493,066$48,622,782
64$75,296,677$14,785,847$8,643,342$53,121,600
65$82,838,468$15,371,884$8,794,425$58,063,951
66$91,145,160$15,982,275$8,946,206$63,494,536
67$100,294,636$16,618,075$9,098,574$69,462,593
68$110,372,717$17,280,389$9,251,404$76,022,361
69$121,473,976$17,970,370$9,404,567$83,233,590
70$133,702,625$18,689,221$9,557,924$91,162,102
71$147,173,502$19,438,203$9,711,324$99,880,407
72$162,013,156$20,218,631$9,864,610$109,468,387
73$178,361,034$21,031,881$10,017,611$120,014,048
74$196,370,806$21,879,389$10,170,147$131,614,343
75$216,211,809$22,762,660$10,322,028$144,376,087
76$238,070,646$23,683,263$10,473,048$158,416,960
77$262,152,949$24,642,840$10,622,993$173,866,616
78$288,685,319$25,643,108$10,771,632$190,867,902
79$317,917,463$26,685,862$10,918,723$209,578,202
80$350,124,552$27,772,977$11,064,008$230,170,917
81$385,609,818$28,906,415$11,207,214$252,837,102
82$424,707,418$30,088,227$11,348,054$277,787,260
83$467,785,582$31,320,558$11,486,222$305,253,327
84$515,250,097$32,605,651$11,621,396$335,490,856
85$567,548,129$33,945,850$11,753,235$368,781,423
86$625,172,450$35,343,609$11,881,380$405,435,282
87$688,666,086$36,801,492$12,005,452$445,794,285
88$758,627,443$38,322,181$12,125,051$490,235,108
89$835,715,957$39,908,483$12,239,755$539,172,795
90$920,658,318$41,563,332$12,349,120$593,064,672
91$1,014,255,329$43,289,797$12,452,678$652,414,662
92$1,117,389,465$45,091,090$12,549,935$717,778,026
93$1,231,033,206$46,970,569$12,640,374$789,766,607
94$1,356,258,214$48,931,748$12,723,448$869,054,590
95$1,494,245,452$50,978,303$12,798,582$956,384,867
96$1,646,296,327$53,114,079$12,865,175$1,052,576,033
97$1,813,844,984$55,343,101$12,922,589$1,158,530,114
98$1,998,471,837$57,669,577$12,970,160$1,275,241,067
99$2,201,918,490$60,097,912$13,007,187$1,403,804,157
100$2,426,104,182$62,632,716$13,032,933$1,545,426,286