Can I retire at age 35 with 4,900,000?

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 $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$404,637$401,033$397,517$394,084$390,733$382,063
2 years$200,316$196,585$192,969$189,464$186,063$177,374
3 years$132,217$128,470$124,864$121,391$118,046$109,608
4 years$98,175$94,439$90,869$87,456$84,192$76,070
5 years$77,754$74,042$70,518$67,174$64,001$56,219
6 years$64,145$60,461$56,989$53,720$50,642$43,207
7 years$54,429$50,775$47,358$44,166$41,185$34,100
8 years$47,144$43,523$40,163$37,050$34,167$27,428
9 years$41,482$37,895$34,593$31,558$28,774$22,376
10 years$36,954$33,402$30,159$27,203$24,517$18,453
11 years$33,252$29,736$26,551$23,675$21,085$15,348
12 years$30,170$26,690$23,564$20,766$18,272$12,853
13 years$27,563$24,120$21,053$18,334$15,934$10,822
14 years$25,331$21,924$18,916$16,274$13,967$9,153
15 years$23,398$20,028$17,078$14,514$12,298$7,770
16 years$21,709$18,375$15,484$12,996$10,869$6,617
17 years$20,220$16,923$14,090$11,676$9,637$5,649
18 years$18,897$15,638$12,862$10,523$8,569$4,833
19 years$17,716$14,493$11,775$9,508$7,638$4,143
20 years$16,654$13,467$10,806$8,612$6,822$3,557
21 years$15,694$12,544$9,940$7,816$6,105$3,057
22 years$14,822$11,710$9,161$7,106$5,472$2,631
23 years$14,028$10,952$8,459$6,472$4,912$2,266
24 years$13,301$10,261$7,823$5,903$4,415$1,954
25 years$12,633$9,630$7,245$5,391$3,973$1,686
26 years$12,017$9,050$6,720$4,929$3,579$1,455
27 years$11,448$8,517$6,240$4,512$3,227$1,257
28 years$10,921$8,026$5,801$4,134$2,911$1,086
29 years$10,431$7,571$5,398$3,791$2,629$939
30 years$9,974$7,150$5,028$3,479$2,375$812
31 years$9,548$6,760$4,688$3,195$2,148$702
32 years$9,149$6,396$4,374$2,936$1,943$607
33 years$8,775$6,057$4,084$2,700$1,758$526
34 years$8,424$5,741$3,816$2,484$1,592$455
35 years$8,094$5,445$3,567$2,287$1,442$394
36 years$7,782$5,168$3,337$2,106$1,306$341
37 years$7,489$4,908$3,123$1,941$1,184$295
38 years$7,211$4,665$2,925$1,789$1,073$256
39 years$6,948$4,436$2,740$1,649$973$221
40 years$6,699$4,220$2,569$1,521$883$192
41 years$6,463$4,017$2,408$1,404$801$166
42 years$6,238$3,826$2,259$1,295$727$144
43 years$6,025$3,645$2,120$1,196$660$125
44 years$5,822$3,475$1,990$1,104$599$108
45 years$5,628$3,314$1,869$1,020$544$94
46 years$5,444$3,161$1,755$942$493$81
47 years$5,268$3,017$1,649$870$448$70
48 years$5,099$2,880$1,549$804$407$61
49 years$4,938$2,750$1,456$743$370$53
50 years$4,784$2,627$1,369$687$336$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $4,900,000, adding $5,744 every year, while hoping to spend $35,265 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: 57/29/14 Blend
34$4,900,000$4,900,000$4,900,000$4,900,000
35$5,405,725$5,146,025$5,070,075$5,694,157
36$5,919,587$5,360,658$5,202,401$6,104,721
37$6,484,681$5,584,627$5,337,978$6,547,521
38$7,106,196$5,818,351$5,476,877$7,029,212
39$7,789,848$6,062,270$5,619,172$7,553,529
40$8,541,935$6,316,844$5,764,937$8,124,579
41$9,369,397$6,582,553$5,914,247$8,746,879
42$10,279,879$6,859,903$6,067,178$9,425,396
43$11,281,808$7,149,419$6,223,809$10,165,594
44$12,384,464$7,451,652$6,384,219$10,973,482
45$13,598,077$7,767,180$6,548,487$11,855,672
46$14,933,915$8,096,607$6,716,697$12,819,439
47$16,404,398$8,440,564$6,888,929$13,872,787
48$18,023,207$8,799,712$7,065,269$15,024,525
49$19,805,420$9,174,744$7,245,801$16,284,346
50$21,767,649$9,566,383$7,430,612$17,662,918
51$23,928,202$9,975,388$7,619,790$19,171,984
52$26,307,249$10,402,553$7,813,423$20,824,468
53$28,927,017$10,848,707$8,011,602$22,634,598
54$31,811,999$11,314,720$8,214,417$24,618,036
55$34,989,184$11,801,502$8,421,961$26,792,026
56$38,488,311$12,310,006$8,634,327$29,175,551
57$42,342,152$12,841,228$8,851,610$31,789,513
58$46,586,817$13,396,214$9,073,904$34,656,928
59$51,262,099$13,976,056$9,301,307$37,803,136
60$56,411,848$14,581,898$9,533,916$41,256,045
61$62,084,384$15,214,938$9,771,829$45,046,384
62$68,332,952$15,876,431$10,015,146$49,207,995
63$75,216,226$16,567,689$10,263,967$53,778,149
64$82,798,864$17,290,089$10,518,393$58,797,891
65$91,152,115$18,045,069$10,778,525$64,312,430
66$100,354,491$18,834,138$11,044,466$70,371,557
67$110,492,513$19,658,875$11,316,320$77,030,113
68$121,661,522$20,520,933$11,594,189$84,348,503
69$133,966,582$21,422,043$11,878,179$92,393,266
70$147,523,468$22,364,017$12,168,393$101,237,691
71$162,459,764$23,348,757$12,464,936$110,962,512
72$178,916,062$24,378,248$12,767,914$121,656,660
73$197,047,294$25,454,575$13,077,432$133,418,104
74$217,024,187$26,579,919$13,393,595$146,354,763
75$239,034,882$27,756,563$13,716,509$160,585,526
76$263,286,707$28,986,901$14,046,279$176,241,368
77$290,008,131$30,273,440$14,383,009$193,466,578
78$319,450,925$31,618,803$14,726,805$212,420,116
79$351,892,536$33,025,741$15,077,769$233,277,110
80$387,638,706$34,497,134$15,436,006$256,230,500
81$427,026,359$36,035,998$15,801,617$281,492,856
82$470,426,781$37,645,495$16,174,705$309,298,371
83$518,249,124$39,328,935$16,555,368$339,905,074
84$570,944,267$41,089,786$16,943,706$373,597,250
85$629,009,078$42,931,682$17,339,816$410,688,120
86$692,991,098$44,858,427$17,743,793$451,522,789
87$763,493,711$46,874,011$18,155,731$496,481,493
88$841,181,842$48,982,611$18,575,721$545,983,184
89$926,788,234$51,188,602$19,003,851$600,489,471
90$1,021,120,361$53,496,571$19,440,208$660,508,968
91$1,125,068,057$55,911,322$19,884,874$726,602,090
92$1,239,611,911$58,437,889$20,337,929$799,386,327
93$1,365,832,525$61,081,545$20,799,449$879,542,065
94$1,504,920,718$63,847,817$21,269,507$967,818,996
95$1,658,188,766$66,742,494$21,748,169$1,065,043,185
96$1,827,082,787$69,771,643$22,235,500$1,172,124,853
97$2,013,196,400$72,941,622$22,731,558$1,290,066,957
98$2,218,285,763$76,259,092$23,236,395$1,419,974,645
99$2,444,286,156$79,731,032$23,750,059$1,563,065,676
100$2,693,330,249$83,364,758$24,272,592$1,720,681,896