Can I retire at age 35 with 6,800,000?

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 $6,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$561,538$556,536$551,656$546,893$542,242$528,276
2 years$277,989$272,812$267,794$262,929$258,210$244,233
3 years$183,485$178,285$173,280$168,461$163,819$150,267
4 years$136,242$131,059$126,104$121,367$116,837$103,815
5 years$107,904$102,752$97,862$93,221$88,818$76,362
6 years$89,018$83,904$79,087$74,550$70,279$58,401
7 years$75,534$70,463$65,722$61,292$57,155$45,857
8 years$65,425$60,400$55,737$51,416$47,416$36,691
9 years$57,566$52,589$48,006$43,795$39,931$29,771
10 years$51,283$46,354$41,853$37,752$34,023$24,415
11 years$46,146$41,267$36,847$32,855$29,261$20,191
12 years$41,868$37,039$32,701$28,819$25,357$16,809
13 years$38,251$33,472$29,216$25,442$22,112$14,068
14 years$35,153$30,425$26,250$22,585$19,383$11,825
15 years$32,471$27,794$23,701$20,142$17,066$9,976
16 years$30,127$25,500$21,488$18,035$15,083$8,441
17 years$28,060$23,485$19,553$16,204$13,374$7,159
18 years$26,225$21,701$17,850$14,603$11,891$6,085
19 years$24,585$20,112$16,341$13,195$10,599$5,181
20 years$23,111$18,689$14,997$11,951$9,467$4,418
21 years$21,779$17,408$13,794$10,846$8,472$3,771
22 years$20,570$16,250$12,713$9,862$7,594$3,223
23 years$19,467$15,198$11,738$8,981$6,817$2,757
24 years$18,458$14,240$10,856$8,191$6,127$2,360
25 years$17,531$13,364$10,055$7,481$5,514$2,021
26 years$16,677$12,560$9,325$6,840$4,966$1,732
27 years$15,888$11,820$8,659$6,261$4,478$1,485
28 years$15,156$11,138$8,050$5,736$4,040$1,274
29 years$14,476$10,507$7,491$5,260$3,648$1,093
30 years$13,842$9,923$6,978$4,828$3,296$938
31 years$13,250$9,381$6,505$4,434$2,980$806
32 years$12,697$8,876$6,070$4,075$2,696$692
33 years$12,178$8,406$5,667$3,747$2,440$594
34 years$11,690$7,967$5,295$3,448$2,209$510
35 years$11,232$7,556$4,950$3,174$2,001$438
36 years$10,800$7,172$4,631$2,923$1,813$377
37 years$10,392$6,812$4,335$2,693$1,643$324
38 years$10,007$6,474$4,059$2,482$1,489$278
39 years$9,642$6,156$3,803$2,289$1,351$239
40 years$9,297$5,857$3,565$2,111$1,225$206
41 years$8,969$5,575$3,342$1,948$1,111$177
42 years$8,657$5,309$3,135$1,798$1,009$152
43 years$8,361$5,059$2,942$1,659$915$131
44 years$8,079$4,822$2,762$1,532$831$112
45 years$7,811$4,598$2,593$1,415$754$96
46 years$7,555$4,387$2,435$1,307$685$83
47 years$7,310$4,186$2,288$1,208$622$71
48 years$7,076$3,996$2,150$1,116$565$61
49 years$6,853$3,816$2,021$1,031$513$53
50 years$6,639$3,645$1,900$953$466$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,800,000, adding $3,000 every year, while hoping to spend $34,704 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: 58/16/26 Blend
34$6,800,000$6,800,000$6,800,000$6,800,000
35$7,496,695$7,136,295$7,030,895$7,878,380
36$8,224,433$7,449,048$7,229,505$8,452,412
37$9,025,237$7,775,964$7,433,605$9,074,056
38$9,906,523$8,117,698$7,643,343$9,751,145
39$10,876,463$8,474,940$7,858,870$10,489,059
40$11,944,061$8,848,410$8,080,340$11,293,716
41$13,119,236$9,238,864$8,307,913$12,171,626
42$14,412,922$9,647,091$8,541,752$13,129,952
43$15,837,162$10,073,921$8,782,022$14,176,578
44$17,405,230$10,520,220$9,028,897$15,320,178
45$19,131,749$10,986,897$9,282,552$16,570,300
46$21,032,837$11,474,904$9,543,166$17,937,452
47$23,126,249$11,985,237$9,810,925$19,433,201
48$25,431,553$12,518,940$10,086,017$21,070,280
49$27,970,310$13,077,108$10,368,638$22,862,706
50$30,766,280$13,660,884$10,658,986$24,825,910
51$33,845,643$14,271,470$10,957,264$26,976,883
52$37,237,250$14,910,123$11,263,683$29,334,332
53$40,972,889$15,578,159$11,578,457$31,918,854
54$45,087,594$16,276,959$11,901,805$34,753,131
55$49,619,965$17,007,967$12,233,952$37,862,139
56$54,612,542$17,772,697$12,575,130$41,273,383
57$60,112,199$18,572,737$12,925,574$45,017,154
58$66,170,589$19,409,748$13,285,528$49,126,811
59$72,844,635$20,285,470$13,655,238$53,639,094
60$80,197,059$21,201,730$14,034,960$58,594,470
61$88,296,982$22,160,438$14,424,954$64,037,507
62$97,220,572$23,163,597$14,825,488$70,017,297
63$107,051,763$24,213,306$15,236,834$76,587,914
64$117,883,048$25,311,763$15,659,274$83,808,921
65$129,816,352$26,461,273$16,093,093$91,745,927
66$142,963,995$27,664,250$16,538,586$100,471,206
67$157,449,747$28,923,223$16,996,053$110,064,375
68$173,410,005$30,240,844$17,465,804$120,613,140
69$190,995,070$31,619,891$17,948,154$132,214,119
70$210,370,575$33,063,273$18,443,425$144,973,754
71$231,719,044$34,574,043$18,951,950$159,009,307
72$255,241,612$36,155,397$19,474,065$174,449,965
73$281,159,929$37,810,685$20,010,120$191,438,052
74$309,718,251$39,543,417$20,560,468$210,130,372
75$341,185,742$41,357,274$21,125,473$230,699,680
76$375,859,018$43,256,111$21,705,507$253,336,308
77$414,064,947$45,243,969$22,300,950$278,249,958
78$456,163,732$47,325,084$22,912,192$305,671,673
79$502,552,315$49,503,895$23,539,632$335,856,014
80$553,668,119$51,785,054$24,183,678$369,083,457
81$609,993,182$54,173,437$24,844,746$405,663,031
82$672,058,705$56,674,154$25,523,264$445,935,231
83$740,450,068$59,292,563$26,219,669$490,275,226
84$815,812,353$62,034,276$26,934,406$539,096,389
85$898,856,438$64,905,180$27,667,933$592,854,194
86$990,365,702$67,911,442$28,420,716$652,050,509
87$1,091,203,427$71,059,526$29,193,234$717,238,323
88$1,202,320,944$74,356,210$29,985,974$789,026,956
89$1,324,766,613$77,808,596$30,799,437$868,087,805
90$1,459,695,721$81,424,131$31,634,131$955,160,672
91$1,608,381,390$85,210,619$32,490,580$1,051,060,735
92$1,772,226,593$89,176,241$33,369,316$1,156,686,235
93$1,952,777,402$93,329,573$34,270,885$1,273,026,945
94$2,151,737,579$97,679,605$35,195,842$1,401,173,503
95$2,370,984,667$102,235,760$36,144,757$1,542,327,691
96$2,612,587,707$107,007,917$37,118,211$1,697,813,776
97$2,878,826,780$112,006,432$38,116,798$1,869,090,989
98$3,172,214,525$117,242,160$39,141,124$2,057,767,295
99$3,495,519,864$122,726,483$40,191,809$2,265,614,556
100$3,851,794,140$128,471,330$41,269,484$2,494,585,240