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

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 $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%13.3%
1 years$388,122$384,664$381,291$377,999$374,785$369,642
2 years$192,139$188,561$185,093$181,730$178,469$173,297
3 years$126,821$123,227$119,767$116,436$113,228$108,187
4 years$94,168$90,585$87,160$83,886$80,755$75,885
5 years$74,581$71,019$67,640$64,432$61,389$56,703
6 years$61,527$57,993$54,663$51,527$48,575$44,079
7 years$52,207$48,702$45,425$42,363$39,504$35,200
8 years$45,220$41,747$38,524$35,538$32,773$28,659
9 years$39,788$36,348$33,181$30,270$27,599$23,675
10 years$35,446$32,039$28,928$26,093$23,516$19,777
11 years$31,895$28,522$25,468$22,709$20,225$16,669
12 years$28,938$25,600$22,602$19,919$17,526$14,149
13 years$26,438$23,135$20,193$17,585$15,283$12,080
14 years$24,297$21,029$18,144$15,610$13,397$10,363
15 years$22,443$19,211$16,381$13,922$11,796$8,926
16 years$20,823$17,625$14,852$12,465$10,425$7,713
17 years$19,394$16,232$13,515$11,200$9,244$6,685
18 years$18,126$14,999$12,337$10,093$8,219$5,807
19 years$16,993$13,901$11,294$9,120$7,326$5,056
20 years$15,974$12,918$10,365$8,260$6,544$4,409
21 years$15,053$12,032$9,534$7,497$5,856$3,851
22 years$14,217$11,232$8,787$6,816$5,249$3,368
23 years$13,455$10,505$8,113$6,208$4,712$2,949
24 years$12,758$9,842$7,503$5,662$4,235$2,584
25 years$12,117$9,237$6,950$5,171$3,811$2,267
26 years$11,527$8,681$6,445$4,728$3,433$1,990
27 years$10,981$8,170$5,985$4,327$3,095$1,748
28 years$10,475$7,698$5,564$3,965$2,793$1,537
29 years$10,005$7,262$5,178$3,636$2,522$1,351
30 years$9,567$6,859$4,823$3,337$2,278$1,189
31 years$9,158$6,484$4,496$3,065$2,060$1,046
32 years$8,776$6,135$4,195$2,816$1,863$921
33 years$8,417$5,810$3,917$2,590$1,686$811
34 years$8,080$5,506$3,660$2,383$1,527$715
35 years$7,763$5,223$3,422$2,194$1,383$630
36 years$7,465$4,957$3,201$2,020$1,253$555
37 years$7,183$4,708$2,996$1,861$1,136$489
38 years$6,917$4,474$2,806$1,716$1,030$431
39 years$6,664$4,255$2,629$1,582$934$380
40 years$6,426$4,048$2,464$1,459$847$335
41 years$6,199$3,853$2,310$1,346$768$296
42 years$5,984$3,670$2,167$1,242$697$261
43 years$5,779$3,497$2,033$1,147$633$230
44 years$5,584$3,333$1,909$1,059$574$203
45 years$5,399$3,178$1,792$978$521$179
46 years$5,222$3,032$1,683$903$473$158
47 years$5,053$2,893$1,581$835$430$139
48 years$4,891$2,762$1,486$771$390$123
49 years$4,737$2,638$1,397$713$355$108
50 years$4,589$2,520$1,313$659$322$96

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 $5,608 every year, while hoping to spend $40,441 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: 56/17/27 Blend
34$4,700,000$4,700,000$4,700,000$4,700,000
35$5,185,185$4,936,085$4,863,235$5,436,764
36$5,671,045$5,134,924$4,983,124$5,809,147
37$6,205,107$5,342,151$5,105,674$6,209,981
38$6,792,245$5,558,134$5,230,932$6,645,888
39$7,437,830$5,783,258$5,358,944$7,120,266
40$8,147,776$6,017,925$5,489,756$7,636,850
41$8,928,603$6,262,557$5,623,416$8,199,751
42$9,787,491$6,517,593$5,759,972$8,813,491
43$10,732,353$6,783,493$5,899,469$9,483,050
44$11,771,907$7,060,738$6,041,955$10,213,906
45$12,915,758$7,349,831$6,187,477$11,012,090
46$14,174,491$7,651,298$6,336,083$11,884,241
47$15,559,766$7,965,688$6,487,818$12,837,666
48$17,084,432$8,293,577$6,642,731$13,880,410
49$18,762,648$8,635,567$6,800,866$15,021,331
50$20,610,013$8,992,285$6,962,270$16,270,181
51$22,643,718$9,364,389$7,126,989$17,637,697
52$24,882,701$9,752,569$7,295,068$19,135,706
53$27,347,835$10,157,543$7,466,551$20,777,225
54$30,062,117$10,580,065$7,641,482$22,576,596
55$33,050,886$11,020,921$7,819,905$24,549,607
56$36,342,066$11,480,936$8,001,862$26,713,651
57$39,966,426$11,960,972$8,187,394$29,087,880
58$43,957,871$12,461,929$8,376,541$31,693,391
59$48,353,762$12,984,752$8,569,344$34,553,419
60$53,195,268$13,530,427$8,765,839$37,693,556
61$58,527,755$14,099,987$8,966,064$41,141,994
62$64,401,212$14,694,512$9,170,053$44,929,785
63$70,870,725$15,315,134$9,377,839$49,091,135
64$77,996,998$15,963,034$9,589,456$53,663,724
65$85,846,920$16,639,451$9,804,931$58,689,061
66$94,494,203$17,345,681$10,024,293$64,212,874
67$104,020,072$18,083,079$10,247,567$70,285,538
68$114,514,034$18,853,065$10,474,776$76,962,550
69$126,074,724$19,657,124$10,705,939$84,305,048
70$138,810,833$20,496,810$10,941,075$92,380,390
71$152,842,134$21,373,749$11,180,196$101,262,787
72$168,300,614$22,289,646$11,423,316$111,033,996
73$185,331,719$23,246,281$11,670,440$121,784,096
74$204,095,728$24,245,522$11,921,572$133,612,331
75$224,769,260$25,289,321$12,176,714$146,628,046
76$247,546,950$26,379,723$12,435,859$160,951,717
77$272,643,278$27,518,868$12,698,998$176,716,083
78$300,294,597$28,708,997$12,966,120$194,067,400
79$330,761,364$29,952,456$13,237,203$213,166,813
80$364,330,598$31,251,702$13,512,224$234,191,880
81$401,318,589$32,609,305$13,791,153$257,338,239
82$442,073,882$34,027,958$14,073,954$282,821,456
83$486,980,570$35,510,480$14,360,584$310,879,053
84$536,461,918$37,059,823$14,650,993$341,772,747
85$590,984,357$38,679,077$14,945,124$375,790,920
86$651,061,889$40,371,480$15,242,914$413,251,331
87$717,260,939$42,140,420$15,544,289$454,504,117
88$790,205,701$43,989,447$15,849,169$499,935,092
89$870,584,029$45,922,276$16,157,463$549,969,381
90$959,153,933$47,942,801$16,469,070$605,075,435
91$1,056,750,732$50,055,096$16,783,883$665,769,444
92$1,164,294,943$52,263,432$17,101,779$732,620,203
93$1,282,800,966$54,572,278$17,422,627$806,254,480
94$1,413,386,663$56,986,319$17,746,283$887,362,928
95$1,557,283,911$59,510,457$18,072,592$976,706,592
96$1,715,850,230$62,149,829$18,401,384$1,075,124,096
97$1,890,581,600$64,909,817$18,732,477$1,183,539,546
98$2,083,126,580$67,796,056$19,065,673$1,302,971,254
99$2,295,301,878$70,814,449$19,400,759$1,434,541,338
100$2,529,109,491$73,971,179$19,737,506$1,579,486,312