Can I retire at age 35 with 6,500,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $6,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$536,764$531,983$527,318$522,765$518,319$504,765
2 years$265,725$260,776$255,980$251,329$246,819$233,256
3 years$175,390$170,420$165,636$161,029$156,592$143,444
4 years$130,232$125,277$120,540$116,012$111,683$99,051
5 years$103,144$98,218$93,544$89,109$84,899$72,819
6 years$85,091$80,203$75,598$71,261$67,178$55,661
7 years$72,201$67,354$62,822$58,588$54,634$43,681
8 years$62,538$57,735$53,278$49,148$45,324$34,930
9 years$55,027$50,269$45,888$41,863$38,169$28,324
10 years$49,021$44,309$40,007$36,086$32,522$23,215
11 years$44,110$39,446$35,221$31,406$27,970$19,186
12 years$40,021$35,405$31,258$27,547$24,238$15,961
13 years$36,563$31,995$27,927$24,320$21,136$13,350
14 years$33,602$29,083$25,092$21,589$18,528$11,214
15 years$31,039$26,568$22,655$19,253$16,313$9,454
16 years$28,797$24,375$20,540$17,239$14,418$7,993
17 years$26,822$22,449$18,691$15,489$12,784$6,775
18 years$25,068$20,744$17,062$13,959$11,367$5,754
19 years$23,500$19,225$15,620$12,613$10,132$4,895
20 years$22,091$17,865$14,335$11,424$9,050$4,171
21 years$20,818$16,640$13,185$10,368$8,098$3,558
22 years$19,662$15,533$12,152$9,427$7,259$3,038
23 years$18,609$14,528$11,221$8,585$6,516$2,597
24 years$17,644$13,612$10,377$7,830$5,857$2,221
25 years$16,758$12,774$9,611$7,151$5,270$1,901
26 years$15,941$12,005$8,914$6,538$4,747$1,628
27 years$15,187$11,299$8,277$5,985$4,280$1,395
28 years$14,487$10,647$7,695$5,483$3,862$1,195
29 years$13,837$10,044$7,161$5,028$3,487$1,025
30 years$13,231$9,485$6,670$4,615$3,151$879
31 years$12,666$8,967$6,218$4,238$2,849$754
32 years$12,137$8,484$5,802$3,895$2,577$647
33 years$11,641$8,035$5,417$3,582$2,332$555
34 years$11,175$7,615$5,061$3,296$2,111$476
35 years$10,736$7,223$4,732$3,034$1,912$409
36 years$10,324$6,856$4,427$2,794$1,733$351
37 years$9,934$6,511$4,143$2,574$1,570$301
38 years$9,565$6,188$3,880$2,373$1,424$259
39 years$9,217$5,884$3,635$2,188$1,291$222
40 years$8,887$5,598$3,407$2,018$1,171$191
41 years$8,573$5,329$3,195$1,862$1,062$164
42 years$8,275$5,075$2,997$1,718$964$141
43 years$7,992$4,836$2,812$1,586$875$121
44 years$7,723$4,609$2,640$1,465$794$104
45 years$7,466$4,395$2,479$1,353$721$89
46 years$7,221$4,193$2,328$1,249$655$77
47 years$6,988$4,002$2,187$1,154$594$66
48 years$6,764$3,820$2,055$1,067$540$57
49 years$6,551$3,648$1,932$986$490$49
50 years$6,346$3,485$1,816$911$445$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,500,000, adding $6,442 every year, while hoping to spend $51,746 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: 63/23/14 Blend
34$6,500,000$6,500,000$6,500,000$6,500,000
35$7,169,645$6,825,145$6,724,395$7,596,720
36$7,845,891$7,104,520$6,894,605$8,163,193
37$8,589,381$7,395,849$7,068,782$8,774,998
38$9,406,917$7,699,666$7,247,006$9,441,813
39$10,305,997$8,016,523$7,429,355$10,168,988
40$11,294,879$8,347,004$7,615,909$10,962,410
41$12,382,664$8,691,714$7,806,749$11,828,554
42$13,579,378$9,051,290$8,001,957$12,774,547
43$14,896,067$9,426,397$8,201,616$13,808,230
44$16,344,904$9,817,728$8,405,809$14,938,234
45$17,939,300$10,226,013$8,614,619$16,174,057
46$19,694,032$10,652,010$8,828,131$17,526,154
47$21,625,381$11,096,517$9,046,432$19,006,034
48$23,751,288$11,560,364$9,269,606$20,626,366
49$26,091,522$12,044,424$9,497,740$22,401,096
50$28,667,864$12,549,608$9,730,921$24,345,580
51$31,504,316$13,076,868$9,969,236$26,476,724
52$34,627,324$13,627,203$10,212,773$28,813,142
53$38,066,030$14,201,655$10,461,620$31,375,330
54$41,852,546$14,801,317$10,715,866$34,185,860
55$46,022,256$15,427,331$10,975,597$37,269,584
56$50,614,149$16,080,894$11,240,903$40,653,875
57$55,671,191$16,763,257$11,511,872$44,368,876
58$61,240,725$17,475,728$11,788,592$48,447,784
59$67,374,920$18,219,680$12,071,151$52,927,162
60$74,131,264$18,996,546$12,359,636$57,847,281
61$81,573,103$19,807,828$12,654,135$63,252,495
62$89,770,245$20,655,097$12,954,734$69,191,658
63$98,799,611$21,539,997$13,261,518$75,718,586
64$108,745,965$22,464,251$13,574,573$82,892,554
65$119,702,715$23,429,660$13,893,982$90,778,858
66$131,772,789$24,438,112$14,219,829$99,449,426
67$145,069,614$25,491,579$14,552,193$108,983,492
68$159,718,179$26,592,131$14,891,156$119,468,343
69$175,856,219$27,741,931$15,236,795$131,000,137
70$193,635,513$28,943,245$15,589,187$143,684,805
71$213,223,316$30,198,445$15,948,406$157,639,050
72$234,803,940$31,510,015$16,314,523$172,991,442
73$258,580,491$32,880,554$16,687,609$189,883,627
74$284,776,786$34,312,787$17,067,729$208,471,660
75$313,639,468$35,809,563$17,454,947$228,927,471
76$345,440,329$37,373,867$17,849,324$251,440,486
77$380,478,883$39,008,827$18,250,916$276,219,406
78$419,085,183$40,717,713$18,659,776$303,494,173
79$461,622,946$42,503,955$19,075,953$333,518,135
80$508,492,979$44,371,142$19,499,490$366,570,430
81$560,136,968$46,323,033$19,930,427$402,958,615
82$617,041,641$48,363,563$20,368,799$443,021,562
83$679,743,367$50,496,857$20,814,633$487,132,650
84$748,833,220$52,727,232$21,267,952$535,703,282
85$824,962,552$55,059,210$21,728,772$589,186,761
86$908,849,149$57,497,528$22,197,103$648,082,561
87$1,001,284,002$60,047,147$22,672,946$712,941,034
88$1,103,138,775$62,713,263$23,156,295$784,368,595
89$1,215,374,035$65,501,318$23,647,136$863,033,439
90$1,339,048,318$68,417,013$24,145,446$949,671,837
91$1,475,328,120$71,466,321$24,651,192$1,045,095,078
92$1,625,498,914$74,655,496$25,164,333$1,150,197,118
93$1,790,977,280$77,991,092$25,684,814$1,265,963,006
94$1,973,324,279$81,479,972$26,212,572$1,393,478,172
95$2,174,260,193$85,129,328$26,747,531$1,533,938,664
96$2,395,680,761$88,946,693$27,289,601$1,688,662,422
97$2,639,675,076$92,939,959$27,838,680$1,859,101,711
98$2,908,545,310$97,117,393$28,394,652$2,046,856,815
99$3,204,828,444$101,487,658$28,957,386$2,253,691,132
100$3,531,320,221$106,059,829$29,526,734$2,481,547,801