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%16.5%
1 years$553,280$548,351$543,543$538,850$534,267$520,086
2 years$273,901$268,800$263,856$259,063$254,413$240,224
3 years$180,787$175,664$170,732$165,984$161,410$147,658
4 years$134,239$129,131$124,249$119,582$115,119$101,910
5 years$106,317$101,241$96,423$91,850$87,512$74,882
6 years$87,709$82,671$77,924$73,454$69,245$57,206
7 years$74,423$69,427$64,755$60,390$56,315$44,868
8 years$64,463$59,511$54,917$50,660$46,718$35,858
9 years$56,720$51,815$47,300$43,151$39,344$29,059
10 years$50,529$45,673$41,238$37,197$33,523$23,802
11 years$45,467$40,660$36,305$32,372$28,831$19,659
12 years$41,252$36,494$32,220$28,395$24,984$16,344
13 years$37,689$32,980$28,786$25,068$21,787$13,661
14 years$34,636$29,978$25,864$22,253$19,098$11,467
15 years$31,994$27,385$23,352$19,846$16,815$9,660
16 years$29,684$25,125$21,172$17,770$14,862$8,162
17 years$27,647$23,140$19,266$15,966$13,177$6,913
18 years$25,839$21,382$17,587$14,388$11,717$5,867
19 years$24,224$19,817$16,100$13,001$10,443$4,988
20 years$22,771$18,415$14,776$11,775$9,328$4,246
21 years$21,459$17,152$13,591$10,687$8,348$3,620
22 years$20,267$16,011$12,526$9,717$7,482$3,088
23 years$19,181$14,975$11,566$8,849$6,717$2,638
24 years$18,187$14,031$10,696$8,071$6,037$2,254
25 years$17,274$13,167$9,907$7,371$5,432$1,928
26 years$16,432$12,375$9,188$6,739$4,893$1,650
27 years$15,654$11,646$8,532$6,169$4,412$1,412
28 years$14,933$10,974$7,932$5,652$3,981$1,209
29 years$14,263$10,353$7,381$5,183$3,595$1,036
30 years$13,638$9,777$6,875$4,757$3,248$888
31 years$13,055$9,243$6,410$4,369$2,936$761
32 years$12,510$8,745$5,980$4,015$2,656$652
33 years$11,999$8,282$5,584$3,692$2,404$559
34 years$11,519$7,850$5,217$3,397$2,176$480
35 years$11,067$7,445$4,878$3,127$1,971$411
36 years$10,641$7,067$4,563$2,880$1,786$353
37 years$10,239$6,712$4,271$2,654$1,619$303
38 years$9,860$6,378$3,999$2,446$1,468$260
39 years$9,500$6,065$3,747$2,255$1,331$223
40 years$9,160$5,771$3,512$2,080$1,207$191
41 years$8,837$5,493$3,293$1,919$1,095$164
42 years$8,530$5,231$3,089$1,771$994$141
43 years$8,238$4,984$2,899$1,635$902$121
44 years$7,961$4,751$2,721$1,510$819$104
45 years$7,696$4,531$2,555$1,394$743$89
46 years$7,444$4,322$2,400$1,288$675$76
47 years$7,203$4,125$2,254$1,190$613$66
48 years$6,972$3,938$2,119$1,099$556$56
49 years$6,752$3,760$1,991$1,016$505$48
50 years$6,542$3,592$1,872$939$459$41

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 $6,693 every year, while hoping to spend $24,820 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: 85/7/8 Blend
34$6,700,000$6,700,000$6,700,000$6,700,000
35$7,390,304$7,035,204$6,931,354$8,011,536
36$8,117,707$7,353,521$7,137,146$8,736,375
37$8,918,472$7,686,603$7,349,000$9,528,504
38$9,800,058$8,035,148$7,567,093$10,397,991
39$10,770,681$8,399,887$7,791,608$11,352,601
40$11,839,394$8,781,585$8,022,730$12,400,886
41$13,016,174$9,181,045$8,260,654$13,552,268
42$14,312,015$9,599,107$8,505,576$14,817,120
43$15,739,029$10,036,652$8,757,702$16,206,872
44$17,310,565$10,494,603$9,017,240$17,734,111
45$19,041,331$10,973,927$9,284,406$19,412,705
46$20,947,537$11,475,639$9,559,423$21,257,929
47$23,047,040$12,000,800$9,842,519$23,286,608
48$25,359,523$12,550,524$10,133,928$25,517,279
49$27,906,672$13,125,977$10,433,892$27,970,363
50$30,712,386$13,728,383$10,742,660$30,668,354
51$33,802,998$14,359,023$11,060,488$33,636,035
52$37,207,528$15,019,239$11,387,639$36,900,710
53$40,957,953$15,710,440$11,724,383$40,492,457
54$45,089,513$16,434,100$12,070,998$44,444,416
55$49,641,038$17,191,765$12,427,771$48,793,098
56$54,655,319$17,985,057$12,794,996$53,578,728
57$60,179,510$18,815,673$13,172,977$58,845,625
58$66,265,573$19,685,393$13,562,025$64,642,618
59$72,970,768$20,596,085$13,962,459$71,023,507
60$80,358,196$21,549,702$14,374,611$78,047,569
61$88,497,390$22,548,296$14,798,819$85,780,115
62$97,464,976$23,594,014$15,235,431$94,293,106
63$107,345,392$24,689,110$15,684,807$103,665,832
64$118,231,689$25,835,943$16,147,315$113,985,657
65$130,226,406$27,036,989$16,623,334$125,348,843
66$143,442,539$28,294,841$17,113,256$137,861,455
67$158,004,608$29,612,219$17,617,480$151,640,366
68$174,049,833$30,991,972$18,136,421$166,814,351
69$191,729,427$32,437,090$18,670,502$183,525,307
70$211,210,024$33,950,703$19,220,159$201,929,588
71$232,675,254$35,536,095$19,785,842$222,199,477
72$256,327,475$37,196,708$20,368,013$244,524,813
73$282,389,682$38,936,151$20,967,145$269,114,781
74$311,107,613$40,758,206$21,583,728$296,199,883
75$342,752,069$42,666,838$22,218,263$326,034,111
76$377,621,472$44,666,205$22,871,267$358,897,343
77$416,044,678$46,760,665$23,543,270$395,097,984
78$458,384,084$48,954,786$24,234,818$434,975,873
79$505,039,049$51,253,359$24,946,473$478,905,487
80$556,449,664$53,661,406$25,678,812$527,299,475
81$613,100,906$56,184,191$26,432,428$580,612,552
82$675,527,215$58,827,233$27,207,931$639,345,785
83$744,317,544$61,596,320$28,005,950$704,051,322
84$820,120,912$64,497,519$28,827,128$775,337,599
85$903,652,538$67,537,190$29,672,130$853,875,083
86$995,700,588$70,722,003$30,541,637$940,402,596
87$1,097,133,617$74,058,950$31,436,351$1,035,734,285
88$1,208,908,769$77,555,362$32,356,991$1,140,767,305
89$1,332,080,813$81,218,925$33,304,301$1,256,490,285
90$1,467,812,102$85,057,698$34,279,040$1,383,992,655
91$1,617,383,541$89,080,130$35,281,993$1,524,474,926
92$1,782,206,688$93,295,082$36,313,966$1,679,260,020
93$1,963,837,072$97,711,842$37,375,785$1,849,805,753
94$2,163,988,881$102,340,151$38,468,302$2,037,718,592
95$2,384,551,149$107,190,220$39,592,392$2,244,768,815
96$2,627,605,583$112,272,758$40,748,954$2,472,907,220
97$2,895,446,222$117,598,992$41,938,913$2,724,283,533
98$3,190,601,089$123,180,695$43,163,219$3,001,266,699
99$3,515,856,061$129,030,211$44,422,849$3,306,467,236
100$3,874,281,172$135,160,483$45,718,806$3,642,761,878