Can I retire at age 35 with 6,200,000?

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 $6,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$511,990$507,430$502,980$498,637$494,397$479,531
2 years$253,460$248,740$244,165$239,729$235,427$220,576
3 years$167,295$162,554$157,991$153,597$149,365$134,993
4 years$124,221$119,495$114,977$110,658$106,528$92,746
5 years$98,383$93,685$89,227$84,996$80,981$67,826
6 years$81,164$76,501$72,109$67,972$64,077$51,561
7 years$68,869$64,245$59,923$55,883$52,112$40,234
8 years$59,652$55,070$50,819$46,879$43,232$31,985
9 years$52,487$47,949$43,770$39,931$36,408$25,780
10 years$46,758$42,264$38,160$34,421$31,021$20,998
11 years$42,074$37,625$33,596$29,956$26,679$17,242
12 years$38,174$33,771$29,815$26,276$23,120$14,250
13 years$34,876$30,519$26,638$23,198$20,161$11,839
14 years$32,052$27,741$23,934$20,592$17,673$9,876
15 years$29,606$25,342$21,609$18,365$15,561$8,268
16 years$27,468$23,250$19,592$16,443$13,752$6,940
17 years$25,584$21,413$17,828$14,774$12,194$5,840
18 years$23,911$19,786$16,275$13,315$10,842$4,923
19 years$22,416$18,338$14,899$12,031$9,664$4,157
20 years$21,072$17,040$13,673$10,896$8,632$3,515
21 years$19,857$15,872$12,577$9,889$7,725$2,975
22 years$18,755$14,816$11,591$8,991$6,924$2,521
23 years$17,750$13,857$10,703$8,189$6,215$2,138
24 years$16,830$12,984$9,898$7,469$5,587$1,814
25 years$15,985$12,184$9,168$6,821$5,027$1,540
26 years$15,206$11,451$8,503$6,237$4,528$1,308
27 years$14,486$10,777$7,895$5,708$4,083$1,112
28 years$13,818$10,155$7,340$5,230$3,684$945
29 years$13,198$9,580$6,830$4,796$3,326$804
30 years$12,621$9,048$6,362$4,402$3,006$684
31 years$12,081$8,553$5,931$4,043$2,717$582
32 years$11,576$8,093$5,534$3,715$2,458$495
33 years$11,103$7,664$5,167$3,416$2,224$421
34 years$10,659$7,264$4,828$3,143$2,014$359
35 years$10,241$6,890$4,514$2,894$1,824$305
36 years$9,847$6,539$4,222$2,665$1,653$260
37 years$9,475$6,211$3,952$2,455$1,498$221
38 years$9,124$5,902$3,701$2,263$1,358$188
39 years$8,791$5,613$3,467$2,087$1,232$160
40 years$8,476$5,340$3,250$1,925$1,117$137
41 years$8,177$5,083$3,047$1,776$1,013$116
42 years$7,894$4,841$2,859$1,639$920$99
43 years$7,624$4,612$2,682$1,513$835$84
44 years$7,366$4,397$2,518$1,397$758$72
45 years$7,122$4,193$2,364$1,290$688$61
46 years$6,888$4,000$2,221$1,192$624$52
47 years$6,665$3,817$2,086$1,101$567$44
48 years$6,452$3,644$1,960$1,017$515$38
49 years$6,248$3,480$1,843$940$468$32
50 years$6,053$3,324$1,732$869$425$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,200,000, adding $3,107 every year, while hoping to spend $46,332 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: 64/29/7 Blend
34$6,200,000$6,200,000$6,200,000$6,200,000
35$6,835,605$6,507,005$6,410,905$7,264,046
36$7,483,540$6,776,551$6,576,373$7,819,287
37$8,196,011$7,057,752$6,745,832$8,419,710
38$8,979,553$7,351,131$6,919,366$9,074,260
39$9,841,363$7,657,233$7,097,061$9,788,188
40$10,789,374$7,976,629$7,279,004$10,567,267
41$11,832,325$8,309,918$7,465,285$11,417,849
42$12,979,842$8,657,724$7,655,993$12,346,922
43$14,242,537$9,020,703$7,851,219$13,362,173
44$15,632,096$9,399,539$8,051,056$14,472,062
45$17,161,401$9,794,947$8,255,597$15,685,898
46$18,844,642$10,207,677$8,464,937$17,013,923
47$20,697,455$10,638,514$8,679,173$18,467,413
48$22,737,072$11,088,277$8,898,402$20,058,775
49$24,982,477$11,557,826$9,122,721$21,801,668
50$27,454,589$12,048,059$9,352,232$23,711,127
51$30,176,459$12,559,916$9,587,034$25,803,703
52$33,173,487$13,094,381$9,827,229$28,097,616
53$36,473,662$13,652,485$10,072,920$30,612,927
54$40,107,823$14,235,304$10,324,211$33,371,723
55$44,109,955$14,843,968$10,581,206$36,398,322
56$48,517,505$15,479,658$10,844,011$39,719,504
57$53,371,738$16,143,608$11,112,733$43,364,755
58$58,718,125$16,837,114$11,387,478$47,366,546
59$64,606,770$17,561,529$11,668,356$51,760,636
60$71,092,888$18,318,272$11,955,473$56,586,405
61$78,237,322$19,108,826$12,248,941$61,887,224
62$86,107,116$19,934,746$12,548,867$67,710,859
63$94,776,151$20,797,658$12,855,364$74,109,921
64$104,325,840$21,699,265$13,168,540$81,142,354
65$114,845,897$22,641,350$13,488,507$88,871,982
66$126,435,182$23,625,780$13,815,376$97,369,106
67$139,202,637$24,654,509$14,149,258$106,711,164
68$153,268,311$25,729,586$14,490,263$116,983,454
69$168,764,495$26,853,151$14,838,502$128,279,938
70$185,836,968$28,027,450$15,194,087$140,704,123
71$204,646,376$29,254,832$15,557,126$154,370,033
72$225,369,745$30,537,758$15,927,728$169,403,278
73$248,202,156$31,878,805$16,306,004$185,942,235
74$273,358,580$33,280,671$16,692,060$204,139,349
75$301,075,913$34,746,182$17,086,002$224,162,566
76$331,615,210$36,278,298$17,487,936$246,196,909
77$365,264,145$37,880,119$17,897,966$270,446,224
78$402,339,734$39,554,890$18,316,194$297,135,087
79$443,191,320$41,306,013$18,742,720$326,510,927
80$488,203,876$43,137,049$19,177,642$358,846,348
81$537,801,634$45,051,726$19,621,055$394,441,695
82$592,452,093$47,053,954$20,073,053$433,627,882
83$652,670,432$49,147,823$20,533,726$476,769,505
84$719,024,371$51,337,621$21,003,161$524,268,276
85$792,139,530$53,627,838$21,481,440$576,566,807
86$872,705,338$56,023,178$21,968,644$634,152,774
87$961,481,537$58,528,569$22,464,849$697,563,514
88$1,059,305,357$61,149,171$22,970,124$767,391,083
89$1,167,099,416$63,890,393$23,484,535$844,287,836
90$1,285,880,434$66,757,900$24,008,145$928,972,575
91$1,416,768,827$69,757,626$24,541,007$1,022,237,316
92$1,560,999,287$72,895,789$25,083,170$1,124,954,758
93$1,719,932,435$76,178,904$25,634,677$1,238,086,505
94$1,895,067,668$79,613,795$26,195,563$1,362,692,132
95$2,088,057,311$83,207,612$26,765,856$1,499,939,169
96$2,300,722,220$86,967,848$27,345,575$1,651,114,108
97$2,535,068,965$90,902,351$27,934,731$1,817,634,536
98$2,793,308,781$95,019,347$28,533,325$2,001,062,492
99$3,077,878,435$99,327,454$29,141,350$2,203,119,204
100$3,391,463,237$103,835,701$29,758,787$2,425,701,312