Can I retire at age 35 with 6,400,000?

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 $6,400,000?

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$528,506$523,798$519,205$514,722$510,345$503,342
2 years$261,637$256,764$252,041$247,463$243,021$235,978
3 years$172,692$167,798$163,088$158,552$154,183$147,319
4 years$128,228$123,349$118,686$114,228$109,964$103,332
5 years$101,557$96,707$92,105$87,738$83,593$77,212
6 years$83,782$78,969$74,435$70,165$66,144$60,022
7 years$71,090$66,318$61,856$57,686$53,793$47,931
8 years$61,576$56,847$52,458$48,392$44,627$39,025
9 years$54,180$49,495$45,182$41,219$37,582$32,238
10 years$48,267$43,628$39,391$35,531$32,022$26,931
11 years$43,432$38,839$34,679$30,923$27,540$22,698
12 years$39,405$34,860$30,777$27,123$23,865$19,267
13 years$36,001$31,503$27,497$23,946$20,811$16,449
14 years$33,086$28,636$24,706$21,256$18,243$14,111
15 years$30,561$26,159$22,306$18,957$16,062$12,154
16 years$28,354$24,000$20,224$16,974$14,196$10,503
17 years$26,409$22,104$18,403$15,251$12,587$9,103
18 years$24,682$20,425$16,800$13,744$11,192$7,908
19 years$23,139$18,929$15,379$12,419$9,976$6,884
20 years$21,752$17,590$14,114$11,248$8,910$6,004
21 years$20,498$16,384$12,982$10,208$7,974$5,244
22 years$19,360$15,294$11,965$9,282$7,147$4,586
23 years$18,322$14,304$11,048$8,453$6,416$4,015
24 years$17,373$13,402$10,217$7,709$5,767$3,519
25 years$16,500$12,577$9,463$7,041$5,189$3,087
26 years$15,696$11,821$8,777$6,438$4,674$2,710
27 years$14,953$11,125$8,150$5,893$4,214$2,381
28 years$14,264$10,483$7,577$5,399$3,803$2,092
29 years$13,624$9,889$7,051$4,951$3,434$1,840
30 years$13,028$9,339$6,567$4,544$3,103$1,619
31 years$12,471$8,829$6,123$4,173$2,805$1,425
32 years$11,950$8,354$5,712$3,835$2,537$1,254
33 years$11,461$7,911$5,334$3,527$2,296$1,105
34 years$11,003$7,498$4,984$3,245$2,079$973
35 years$10,571$7,112$4,659$2,987$1,883$857
36 years$10,165$6,750$4,359$2,751$1,706$756
37 years$9,781$6,411$4,080$2,535$1,546$666
38 years$9,418$6,093$3,820$2,336$1,402$587
39 years$9,075$5,794$3,579$2,154$1,271$518
40 years$8,750$5,512$3,355$1,987$1,153$457
41 years$8,441$5,247$3,146$1,833$1,046$403
42 years$8,148$4,997$2,951$1,692$949$355
43 years$7,869$4,761$2,769$1,562$861$313
44 years$7,604$4,538$2,599$1,442$782$276
45 years$7,351$4,328$2,441$1,332$710$244
46 years$7,110$4,129$2,292$1,230$645$215
47 years$6,880$3,940$2,153$1,137$585$190
48 years$6,660$3,761$2,024$1,050$532$167
49 years$6,450$3,592$1,902$971$483$148
50 years$6,249$3,431$1,788$897$438$130

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,400,000, adding $2,916 every year, while hoping to spend $48,341 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: 73/13/14 Blend
34$6,400,000$6,400,000$6,400,000$6,400,000
35$7,055,808$6,716,608$6,617,408$7,549,275
36$7,724,066$6,994,287$6,787,657$8,154,018
37$8,458,866$7,283,953$6,961,988$8,809,999
38$9,266,944$7,586,140$7,140,489$9,527,246
39$10,155,723$7,901,412$7,323,246$10,311,816
40$11,133,379$8,230,353$7,510,347$11,170,383
41$12,208,921$8,573,578$7,701,881$12,110,289
42$13,392,277$8,931,729$7,897,940$13,139,623
43$14,694,384$9,305,479$8,098,616$14,267,286
44$16,127,293$9,695,528$8,304,001$15,503,084
45$17,704,281$10,102,614$8,514,190$16,857,813
46$19,439,981$10,527,506$8,729,278$18,343,361
47$21,350,513$10,971,007$8,949,363$19,972,820
48$23,453,640$11,433,961$9,174,541$21,760,611
49$25,768,936$11,917,250$9,404,913$23,722,613
50$28,317,967$12,421,794$9,640,577$25,876,317
51$31,124,498$12,948,561$9,881,634$28,240,987
52$34,214,715$13,498,559$10,128,188$30,837,841
53$37,617,473$14,072,845$10,380,339$33,690,250
54$41,364,568$14,672,527$10,638,193$36,823,960
55$45,491,035$15,298,762$10,901,853$40,267,328
56$50,035,481$15,952,761$11,171,425$44,051,593
57$55,040,447$16,635,794$11,447,016$48,211,167
58$60,552,813$17,349,188$11,728,731$52,783,957
59$66,624,234$18,094,333$12,016,678$57,811,725
60$73,311,634$18,872,683$12,310,965$63,340,478
61$80,677,738$19,685,762$12,611,699$69,420,899
62$88,791,667$20,535,164$12,918,991$76,108,826
63$97,729,588$21,422,558$13,232,948$83,465,776
64$107,575,434$22,349,691$13,553,679$91,559,525
65$118,421,694$23,318,392$13,881,294$100,464,742
66$130,370,291$24,330,577$14,215,901$110,263,697
67$143,533,537$25,388,251$14,557,610$121,047,030
68$158,035,196$26,493,514$14,906,528$132,914,607
69$174,011,653$27,648,564$15,262,764$145,976,459
70$191,613,200$28,855,702$15,626,426$160,353,821
71$211,005,455$30,117,339$15,997,619$176,180,269
72$232,370,922$31,436,000$16,376,450$193,602,982
73$255,910,718$32,814,326$16,763,023$212,784,125
74$281,846,470$34,255,086$17,157,443$233,902,381
75$310,422,403$35,761,179$17,559,810$257,154,631
76$341,907,650$37,335,639$17,970,227$282,757,810
77$376,598,791$38,981,646$18,388,790$310,950,953
78$414,822,650$40,702,529$18,815,596$341,997,444
79$456,939,383$42,501,775$19,250,741$376,187,504
80$503,345,873$44,383,035$19,694,314$413,840,924
81$554,479,485$46,350,136$20,146,406$455,310,078
82$610,822,182$48,407,083$20,607,101$500,983,248
83$672,905,088$50,558,073$21,076,482$551,288,284
84$741,313,490$52,807,502$21,554,627$606,696,639
85$816,692,369$55,159,973$22,041,610$667,727,815
86$899,752,488$57,620,309$22,537,502$734,954,258
87$991,277,101$60,193,563$23,042,367$809,006,765
88$1,092,129,345$62,885,027$23,556,266$890,580,426
89$1,203,260,390$65,700,245$24,079,253$980,441,184
90$1,325,718,418$68,645,026$24,611,376$1,079,433,059
91$1,460,658,517$71,725,452$25,152,677$1,188,486,109
92$1,609,353,586$74,947,900$25,703,192$1,308,625,206
93$1,773,206,351$78,319,046$26,262,948$1,440,979,703
94$1,953,762,607$81,845,888$26,831,965$1,586,794,087
95$2,152,725,811$85,535,754$27,410,254$1,747,439,723
96$2,371,973,164$89,396,326$27,997,818$1,924,427,793
97$2,613,573,330$93,435,650$28,594,648$2,119,423,551
98$2,879,805,969$97,662,156$29,200,728$2,334,262,041
99$3,173,183,254$102,084,677$29,816,028$2,570,965,406
100$3,496,473,589$106,712,470$30,440,509$2,831,761,976