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

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 $6,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$553,280$548,351$543,543$538,850$534,267$516,752
2 years$273,901$268,800$263,856$259,063$254,413$236,933
3 years$180,787$175,664$170,732$165,984$161,410$144,515
4 years$134,239$129,131$124,249$119,582$115,119$98,938
5 years$106,317$101,241$96,423$91,850$87,512$72,088
6 years$87,709$82,671$77,924$73,454$69,245$54,591
7 years$74,423$69,427$64,755$60,390$56,315$42,429
8 years$64,463$59,511$54,917$50,660$46,718$33,591
9 years$56,720$51,815$47,300$43,151$39,344$26,959
10 years$50,529$45,673$41,238$37,197$33,523$21,862
11 years$45,467$40,660$36,305$32,372$28,831$17,871
12 years$41,252$36,494$32,220$28,395$24,984$14,702
13 years$37,689$32,980$28,786$25,068$21,787$12,156
14 years$34,636$29,978$25,864$22,253$19,098$10,092
15 years$31,994$27,385$23,352$19,846$16,815$8,406
16 years$29,684$25,125$21,172$17,770$14,862$7,021
17 years$27,647$23,140$19,266$15,966$13,177$5,877
18 years$25,839$21,382$17,587$14,388$11,717$4,929
19 years$24,224$19,817$16,100$13,001$10,443$4,140
20 years$22,771$18,415$14,776$11,775$9,328$3,482
21 years$21,459$17,152$13,591$10,687$8,348$2,932
22 years$20,267$16,011$12,526$9,717$7,482$2,471
23 years$19,181$14,975$11,566$8,849$6,717$2,083
24 years$18,187$14,031$10,696$8,071$6,037$1,758
25 years$17,274$13,167$9,907$7,371$5,432$1,484
26 years$16,432$12,375$9,188$6,739$4,893$1,254
27 years$15,654$11,646$8,532$6,169$4,412$1,060
28 years$14,933$10,974$7,932$5,652$3,981$896
29 years$14,263$10,353$7,381$5,183$3,595$757
30 years$13,638$9,777$6,875$4,757$3,248$640
31 years$13,055$9,243$6,410$4,369$2,936$542
32 years$12,510$8,745$5,980$4,015$2,656$458
33 years$11,999$8,282$5,584$3,692$2,404$388
34 years$11,519$7,850$5,217$3,397$2,176$328
35 years$11,067$7,445$4,878$3,127$1,971$278
36 years$10,641$7,067$4,563$2,880$1,786$235
37 years$10,239$6,712$4,271$2,654$1,619$199
38 years$9,860$6,378$3,999$2,446$1,468$168
39 years$9,500$6,065$3,747$2,255$1,331$143
40 years$9,160$5,771$3,512$2,080$1,207$121
41 years$8,837$5,493$3,293$1,919$1,095$102
42 years$8,530$5,231$3,089$1,771$994$86
43 years$8,238$4,984$2,899$1,635$902$73
44 years$7,961$4,751$2,721$1,510$819$62
45 years$7,696$4,531$2,555$1,394$743$52
46 years$7,444$4,322$2,400$1,288$675$44
47 years$7,203$4,125$2,254$1,190$613$38
48 years$6,972$3,938$2,119$1,099$556$32
49 years$6,752$3,760$1,991$1,016$505$27
50 years$6,542$3,592$1,872$939$459$23

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 $3,424 every year, while hoping to spend $56,414 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: 33/44/23 Blend
34$6,700,000$6,700,000$6,700,000$6,700,000
35$7,386,932$7,031,832$6,927,982$7,578,538
36$8,080,375$7,316,368$7,100,045$8,006,945
37$8,842,658$7,612,955$7,275,982$8,462,990
38$9,680,744$7,922,124$7,455,862$8,953,350
39$10,602,303$8,244,432$7,639,757$9,481,087
40$11,615,786$8,580,457$7,827,736$10,049,560
41$12,730,504$8,930,807$8,019,873$10,662,453
42$13,956,715$9,296,116$8,216,239$11,323,805
43$15,305,722$9,677,048$8,416,905$12,038,050
44$16,789,979$10,074,296$8,621,944$12,810,055
45$18,423,206$10,488,586$8,831,429$13,645,163
46$20,220,523$10,920,677$9,045,432$14,549,238
47$22,198,589$11,371,362$9,264,026$15,528,722
48$24,375,757$11,841,471$9,487,283$16,590,692
49$26,772,253$12,331,872$9,715,276$17,742,919
50$29,410,363$12,843,474$9,948,077$18,993,945
51$32,314,641$13,377,225$10,185,759$20,353,154
52$35,512,144$13,934,119$10,428,391$21,830,863
53$39,032,687$14,515,195$10,676,047$23,438,409
54$42,909,122$15,121,540$10,928,795$25,188,259
55$47,177,649$15,754,292$11,186,707$27,094,120
56$51,878,157$16,414,641$11,449,850$29,171,062
57$57,054,602$17,103,831$11,718,292$31,435,662
58$62,755,417$17,823,164$11,992,101$33,906,150
59$69,033,975$18,574,005$12,271,341$36,602,580
60$75,949,087$19,357,778$12,556,078$39,547,014
61$83,565,560$20,175,975$12,846,373$42,763,723
62$91,954,808$21,030,159$13,142,287$46,279,413
63$101,195,525$21,921,963$13,443,880$50,123,469
64$111,374,426$22,853,097$13,751,208$54,328,231
65$122,587,070$23,825,351$14,064,326$58,929,288
66$134,938,755$24,840,597$14,383,285$63,965,809
67$148,545,519$25,900,797$14,708,135$69,480,911
68$163,535,227$27,008,001$15,038,923$75,522,050
69$180,048,784$28,164,357$15,375,691$82,141,470
70$198,241,462$29,372,112$15,718,479$89,396,685
71$218,284,366$30,633,621$16,067,323$97,351,013
72$240,366,048$31,951,345$16,422,255$106,074,168
73$264,694,287$33,327,863$16,783,302$115,642,907
74$291,498,050$34,765,874$17,150,488$126,141,748
75$321,029,652$36,268,203$17,523,831$137,663,757
76$353,567,140$37,837,808$17,903,342$150,311,418
77$389,416,914$39,477,787$18,289,030$164,197,587
78$428,916,622$41,191,381$18,680,896$179,446,550
79$472,438,345$42,981,985$19,078,933$196,195,184
80$520,392,108$44,853,155$19,483,129$214,594,237
81$573,229,754$46,808,611$19,893,465$234,809,741
82$631,449,206$48,852,250$20,309,913$257,024,561
83$695,599,168$50,988,153$20,732,438$281,440,115
84$766,284,303$53,220,593$21,160,995$308,278,258
85$844,170,944$55,554,044$21,595,530$337,783,359
86$929,993,380$57,993,191$22,035,980$370,224,601
87$1,024,560,790$60,542,943$22,482,271$405,898,495
88$1,128,764,881$63,208,437$22,934,317$445,131,672
89$1,243,588,303$65,995,055$23,392,021$488,283,945
90$1,370,113,931$68,908,434$23,855,275$535,751,687
91$1,509,535,081$71,954,476$24,323,956$587,971,557
92$1,663,166,779$75,139,365$24,797,928$645,424,598
93$1,832,458,172$78,469,576$25,277,040$708,640,761
94$2,019,006,211$81,951,890$25,761,126$778,203,884
95$2,224,570,726$85,593,414$26,250,005$854,757,185
96$2,451,091,036$89,401,587$26,743,476$939,009,303
97$2,700,704,261$93,384,205$27,241,322$1,031,740,972
98$2,975,765,497$97,549,432$27,743,308$1,133,812,356
99$3,278,870,045$101,905,821$28,249,176$1,246,171,153
100$3,612,877,915$106,462,333$28,758,649$1,369,861,502