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%14.5%
1 years$511,990$507,430$502,980$498,637$494,397$485,209
2 years$253,460$248,740$244,165$239,729$235,427$226,204
3 years$167,295$162,554$157,991$153,597$149,365$140,395
4 years$124,221$119,495$114,977$110,658$106,528$97,881
5 years$98,383$93,685$89,227$84,996$80,981$72,680
6 years$81,164$76,501$72,109$67,972$64,077$56,133
7 years$68,869$64,245$59,923$55,883$52,112$44,526
8 years$59,652$55,070$50,819$46,879$43,232$36,002
9 years$52,487$47,949$43,770$39,931$36,408$29,529
10 years$46,758$42,264$38,160$34,421$31,021$24,488
11 years$42,074$37,625$33,596$29,956$26,679$20,484
12 years$38,174$33,771$29,815$26,276$23,120$17,254
13 years$34,876$30,519$26,638$23,198$20,161$14,615
14 years$32,052$27,741$23,934$20,592$17,673$12,437
15 years$29,606$25,342$21,609$18,365$15,561$10,624
16 years$27,468$23,250$19,592$16,443$13,752$9,105
17 years$25,584$21,413$17,828$14,774$12,194$7,823
18 years$23,911$19,786$16,275$13,315$10,842$6,738
19 years$22,416$18,338$14,899$12,031$9,664$5,814
20 years$21,072$17,040$13,673$10,896$8,632$5,025
21 years$19,857$15,872$12,577$9,889$7,725$4,349
22 years$18,755$14,816$11,591$8,991$6,924$3,769
23 years$17,750$13,857$10,703$8,189$6,215$3,270
24 years$16,830$12,984$9,898$7,469$5,587$2,839
25 years$15,985$12,184$9,168$6,821$5,027$2,467
26 years$15,206$11,451$8,503$6,237$4,528$2,145
27 years$14,486$10,777$7,895$5,708$4,083$1,866
28 years$13,818$10,155$7,340$5,230$3,684$1,624
29 years$13,198$9,580$6,830$4,796$3,326$1,414
30 years$12,621$9,048$6,362$4,402$3,006$1,232
31 years$12,081$8,553$5,931$4,043$2,717$1,074
32 years$11,576$8,093$5,534$3,715$2,458$936
33 years$11,103$7,664$5,167$3,416$2,224$816
34 years$10,659$7,264$4,828$3,143$2,014$712
35 years$10,241$6,890$4,514$2,894$1,824$621
36 years$9,847$6,539$4,222$2,665$1,653$542
37 years$9,475$6,211$3,952$2,455$1,498$472
38 years$9,124$5,902$3,701$2,263$1,358$412
39 years$8,791$5,613$3,467$2,087$1,232$360
40 years$8,476$5,340$3,250$1,925$1,117$314
41 years$8,177$5,083$3,047$1,776$1,013$274
42 years$7,894$4,841$2,859$1,639$920$239
43 years$7,624$4,612$2,682$1,513$835$209
44 years$7,366$4,397$2,518$1,397$758$182
45 years$7,122$4,193$2,364$1,290$688$159
46 years$6,888$4,000$2,221$1,192$624$139
47 years$6,665$3,817$2,086$1,101$567$121
48 years$6,452$3,644$1,960$1,017$515$106
49 years$6,248$3,480$1,843$940$468$93
50 years$6,053$3,324$1,732$869$425$81

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 $5,939 every year, while hoping to spend $47,224 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: 60/29/11 Blend
34$6,200,000$6,200,000$6,200,000$6,200,000
35$6,838,526$6,509,926$6,413,826$7,230,689
36$7,485,810$6,778,666$6,578,443$7,763,600
37$8,197,534$7,058,992$6,746,992$8,338,757
38$8,980,221$7,351,422$6,919,555$8,964,976
39$9,841,058$7,656,496$7,096,215$9,647,185
40$10,787,963$7,974,782$7,277,056$10,390,801
41$11,829,661$8,306,872$7,462,163$11,201,783
42$12,975,764$8,653,386$7,651,623$12,086,684
43$14,236,863$9,014,973$7,845,523$13,052,715
44$15,624,628$9,392,312$8,043,953$14,107,809
45$17,151,916$9,786,111$8,247,002$15,260,694
46$18,832,896$10,197,114$8,454,760$16,520,973
47$20,683,176$10,626,098$8,667,320$17,899,216
48$22,719,960$11,073,876$8,884,774$19,407,053
49$24,962,198$11,541,299$9,107,217$21,057,286
50$27,430,777$12,029,257$9,334,743$22,864,005
51$30,148,707$12,538,681$9,567,448$24,842,721
52$33,141,345$13,070,547$9,805,428$27,010,506
53$36,436,634$13,625,875$10,048,781$29,386,158
54$40,065,359$14,205,732$10,297,604$31,990,370
55$44,061,449$14,811,236$10,551,997$34,845,924
56$48,462,287$15,443,557$10,812,059$37,977,908
57$53,309,068$16,103,918$11,077,890$41,413,941
58$58,647,184$16,793,602$11,349,591$45,184,440
59$64,526,657$17,513,948$11,627,262$49,322,899
60$71,002,605$18,266,361$11,911,005$53,866,201
61$78,135,769$19,052,311$12,200,922$58,854,966
62$85,993,079$19,873,336$12,497,114$64,333,927
63$94,648,290$20,731,046$12,799,684$70,352,354
64$104,182,675$21,627,127$13,108,733$76,964,510
65$114,685,796$22,563,344$13,424,364$84,230,161
66$126,256,345$23,541,545$13,746,678$92,215,137
67$139,003,076$24,563,665$14,075,776$100,991,946
68$153,045,835$25,631,730$14,411,759$110,640,457
69$168,516,685$26,747,859$14,754,727$121,248,649
70$185,561,157$27,914,274$15,104,781$132,913,433
71$204,339,621$29,133,301$15,462,018$145,741,566
72$225,028,803$30,407,373$15,826,536$159,850,649
73$247,823,448$31,739,041$16,198,432$175,370,236
74$272,938,160$33,130,974$16,577,799$192,443,047
75$300,609,429$34,585,969$16,964,733$211,226,309
76$331,097,863$36,106,953$17,359,323$231,893,239
77$364,690,644$37,696,993$17,761,659$254,634,664
78$401,704,244$39,359,300$18,171,830$279,660,824
79$442,487,409$41,097,238$18,589,918$307,203,341
80$487,424,451$42,914,328$19,016,006$337,517,405
81$536,938,875$44,814,261$19,450,172$370,884,169
82$591,497,380$46,800,900$19,892,493$407,613,399
83$651,614,262$48,878,292$20,343,040$448,046,387
84$717,856,266$51,050,678$20,801,881$492,559,162
85$790,847,940$53,322,497$21,269,080$541,566,036
86$871,277,531$55,698,400$21,744,695$595,523,497
87$959,903,479$58,183,261$22,228,781$654,934,517
88$1,057,561,575$60,782,182$22,721,387$720,353,278
89$1,165,172,857$63,500,511$23,222,555$792,390,404
90$1,283,752,300$66,343,847$23,732,323$871,718,704
91$1,414,418,399$69,318,060$24,250,719$959,079,516
92$1,558,403,725$72,429,294$24,777,768$1,055,289,689
93$1,717,066,566$75,683,991$25,313,485$1,161,249,285
94$1,891,903,746$79,088,896$25,857,876$1,277,950,056
95$2,084,564,754$82,651,078$26,410,941$1,406,484,798
96$2,296,867,319$86,377,942$26,972,668$1,548,057,644
97$2,530,814,571$90,277,246$27,543,037$1,703,995,421
98$2,788,613,946$94,357,120$28,122,018$1,875,760,158
99$3,072,698,031$98,626,081$28,709,567$2,064,962,867
100$3,385,747,524$103,093,053$29,305,632$2,273,378,736