Can I retire at age 35 with 6,700,000?

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 $6,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$553,280$548,351$543,543$538,850$534,267$523,909
2 years$273,901$268,800$263,856$259,063$254,413$244,019
3 years$180,787$175,664$170,732$165,984$161,410$151,305
4 years$134,239$129,131$124,249$119,582$115,119$105,380
5 years$106,317$101,241$96,423$91,850$87,512$78,167
6 years$87,709$82,671$77,924$73,454$69,245$60,305
7 years$74,423$69,427$64,755$60,390$56,315$47,781
8 years$64,463$59,511$54,917$50,660$46,718$38,589
9 years$56,720$51,815$47,300$43,151$39,344$31,613
10 years$50,529$45,673$41,238$37,197$33,523$26,184
11 years$45,467$40,660$36,305$32,372$28,831$21,875
12 years$41,252$36,494$32,220$28,395$24,984$18,402
13 years$37,689$32,980$28,786$25,068$21,787$15,567
14 years$34,636$29,978$25,864$22,253$19,098$13,229
15 years$31,994$27,385$23,352$19,846$16,815$11,285
16 years$29,684$25,125$21,172$17,770$14,862$9,657
17 years$27,647$23,140$19,266$15,966$13,177$8,287
18 years$25,839$21,382$17,587$14,388$11,717$7,126
19 years$24,224$19,817$16,100$13,001$10,443$6,140
20 years$22,771$18,415$14,776$11,775$9,328$5,299
21 years$21,459$17,152$13,591$10,687$8,348$4,580
22 years$20,267$16,011$12,526$9,717$7,482$3,962
23 years$19,181$14,975$11,566$8,849$6,717$3,432
24 years$18,187$14,031$10,696$8,071$6,037$2,975
25 years$17,274$13,167$9,907$7,371$5,432$2,581
26 years$16,432$12,375$9,188$6,739$4,893$2,241
27 years$15,654$11,646$8,532$6,169$4,412$1,946
28 years$14,933$10,974$7,932$5,652$3,981$1,691
29 years$14,263$10,353$7,381$5,183$3,595$1,470
30 years$13,638$9,777$6,875$4,757$3,248$1,279
31 years$13,055$9,243$6,410$4,369$2,936$1,113
32 years$12,510$8,745$5,980$4,015$2,656$968
33 years$11,999$8,282$5,584$3,692$2,404$843
34 years$11,519$7,850$5,217$3,397$2,176$734
35 years$11,067$7,445$4,878$3,127$1,971$639
36 years$10,641$7,067$4,563$2,880$1,786$556
37 years$10,239$6,712$4,271$2,654$1,619$485
38 years$9,860$6,378$3,999$2,446$1,468$422
39 years$9,500$6,065$3,747$2,255$1,331$368
40 years$9,160$5,771$3,512$2,080$1,207$321
41 years$8,837$5,493$3,293$1,919$1,095$279
42 years$8,530$5,231$3,089$1,771$994$243
43 years$8,238$4,984$2,899$1,635$902$212
44 years$7,961$4,751$2,721$1,510$819$185
45 years$7,696$4,531$2,555$1,394$743$161
46 years$7,444$4,322$2,400$1,288$675$140
47 years$7,203$4,125$2,254$1,190$613$122
48 years$6,972$3,938$2,119$1,099$556$107
49 years$6,752$3,760$1,991$1,016$505$93
50 years$6,542$3,592$1,872$939$459$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,700,000, adding $3,177 every year, while hoping to spend $58,913 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: 52/35/13 Blend
34$6,700,000$6,700,000$6,700,000$6,700,000
35$7,386,677$7,031,577$6,927,727$7,745,035
36$8,077,435$7,313,441$7,097,123$8,272,030
37$8,836,676$7,607,143$7,270,219$8,838,341
38$9,671,323$7,913,198$7,447,077$9,452,909
39$10,589,003$8,232,150$7,627,759$10,120,312
40$11,598,119$8,564,563$7,812,327$10,845,580
41$12,707,930$8,911,029$8,000,843$11,634,246
42$13,928,635$9,272,167$8,193,368$12,492,389
43$15,271,475$9,648,621$8,389,964$13,426,696
44$16,748,830$10,041,069$8,590,693$14,444,519
45$18,374,346$10,450,216$8,795,616$15,553,944
46$20,163,053$10,876,801$9,004,794$16,763,864
47$22,131,517$11,321,596$9,218,286$18,084,064
48$24,297,986$11,785,409$9,436,153$19,525,305
49$26,682,570$12,269,084$9,658,454$21,099,429
50$29,307,428$12,773,504$9,885,248$22,819,466
51$32,196,972$13,299,593$10,116,590$24,699,753
52$35,378,106$13,848,315$10,352,539$26,756,069
53$38,880,472$14,420,682$10,593,148$29,005,778
54$42,736,734$15,017,750$10,838,473$31,467,994
55$46,982,885$15,640,623$11,088,565$34,163,755
56$51,658,583$16,290,458$11,343,476$37,116,217
57$56,807,531$16,968,463$11,603,255$40,350,876
58$62,477,885$17,675,903$11,867,950$43,895,798
59$68,722,708$18,414,101$12,137,605$47,781,882
60$75,600,474$19,184,442$12,412,264$52,043,149
61$83,175,615$19,988,372$12,691,968$56,717,061
62$91,519,133$20,827,408$12,976,755$61,844,865
63$100,709,268$21,703,134$13,266,659$67,471,982
64$110,832,235$22,617,210$13,561,714$73,648,432
65$121,983,039$23,571,369$13,861,947$80,429,297
66$134,266,371$24,567,428$14,167,385$87,875,240
67$147,797,597$25,607,288$14,478,048$96,053,070
68$162,703,844$26,692,937$14,793,954$105,036,370
69$179,125,201$27,826,456$15,115,116$114,906,183
70$197,216,041$29,010,022$15,441,543$125,751,771
71$217,146,480$30,245,915$15,773,237$137,671,455
72$239,103,976$31,536,521$16,110,196$150,773,533
73$263,295,107$32,884,336$16,452,413$165,177,297
74$289,947,513$34,291,973$16,799,874$181,014,153
75$319,312,048$35,762,169$17,152,558$198,428,851
76$351,665,147$37,297,785$17,510,439$217,580,849
77$387,311,435$38,901,820$17,873,482$238,645,805
78$426,586,603$40,577,410$18,241,645$261,817,229
79$469,860,573$42,327,840$18,614,877$287,308,303
80$517,540,996$44,156,549$18,993,120$315,353,880
81$570,077,094$46,067,135$19,376,305$346,212,696
82$627,963,901$48,063,369$19,764,355$380,169,800
83$691,746,939$50,149,194$20,157,181$417,539,234
84$762,027,365$52,328,743$20,554,685$458,666,990
85$839,467,645$54,606,340$20,956,755$503,934,260
86$924,797,808$56,986,514$21,363,270$553,761,027
87$1,018,822,339$59,474,007$21,774,093$608,610,018
88$1,122,427,769$62,073,785$22,189,077$668,991,053
89$1,236,591,047$64,791,046$22,608,057$735,465,851
90$1,362,388,763$67,631,237$23,030,856$808,653,317
91$1,501,007,307$70,600,057$23,457,280$889,235,367
92$1,653,754,072$73,703,479$23,887,118$977,963,356
93$1,822,069,793$76,947,756$24,320,142$1,075,665,148
94$2,007,542,151$80,339,435$24,756,106$1,183,252,919
95$2,211,920,758$83,885,375$25,194,744$1,301,731,751
96$2,437,133,677$87,592,760$25,635,769$1,432,209,100
97$2,685,305,619$91,469,112$26,078,875$1,575,905,232
98$2,958,778,005$95,522,311$26,523,730$1,734,164,724
99$3,260,131,067$99,760,610$26,969,980$1,908,469,137
100$3,592,208,210$104,192,654$27,417,248$2,100,450,979