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

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 $6,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$561,538$556,536$551,656$546,893$542,242$529,779
2 years$277,989$272,812$267,794$262,929$258,210$245,723
3 years$183,485$178,285$173,280$168,461$163,819$151,697
4 years$136,242$131,059$126,104$121,367$116,837$105,174
5 years$107,904$102,752$97,862$93,221$88,818$77,647
6 years$89,018$83,904$79,087$74,550$70,279$59,611
7 years$75,534$70,463$65,722$61,292$57,155$46,992
8 years$65,425$60,400$55,737$51,416$47,416$37,754
9 years$57,566$52,589$48,006$43,795$39,931$30,763
10 years$51,283$46,354$41,853$37,752$34,023$25,339
11 years$46,146$41,267$36,847$32,855$29,261$21,048
12 years$41,868$37,039$32,701$28,819$25,357$17,603
13 years$38,251$33,472$29,216$25,442$22,112$14,802
14 years$35,153$30,425$26,250$22,585$19,383$12,502
15 years$32,471$27,794$23,701$20,142$17,066$10,599
16 years$30,127$25,500$21,488$18,035$15,083$9,012
17 years$28,060$23,485$19,553$16,204$13,374$7,683
18 years$26,225$21,701$17,850$14,603$11,891$6,564
19 years$24,585$20,112$16,341$13,195$10,599$5,618
20 years$23,111$18,689$14,997$11,951$9,467$4,816
21 years$21,779$17,408$13,794$10,846$8,472$4,133
22 years$20,570$16,250$12,713$9,862$7,594$3,552
23 years$19,467$15,198$11,738$8,981$6,817$3,055
24 years$18,458$14,240$10,856$8,191$6,127$2,629
25 years$17,531$13,364$10,055$7,481$5,514$2,265
26 years$16,677$12,560$9,325$6,840$4,966$1,952
27 years$15,888$11,820$8,659$6,261$4,478$1,683
28 years$15,156$11,138$8,050$5,736$4,040$1,452
29 years$14,476$10,507$7,491$5,260$3,648$1,253
30 years$13,842$9,923$6,978$4,828$3,296$1,082
31 years$13,250$9,381$6,505$4,434$2,980$934
32 years$12,697$8,876$6,070$4,075$2,696$807
33 years$12,178$8,406$5,667$3,747$2,440$697
34 years$11,690$7,967$5,295$3,448$2,209$602
35 years$11,232$7,556$4,950$3,174$2,001$521
36 years$10,800$7,172$4,631$2,923$1,813$450
37 years$10,392$6,812$4,335$2,693$1,643$389
38 years$10,007$6,474$4,059$2,482$1,489$336
39 years$9,642$6,156$3,803$2,289$1,351$291
40 years$9,297$5,857$3,565$2,111$1,225$251
41 years$8,969$5,575$3,342$1,948$1,111$217
42 years$8,657$5,309$3,135$1,798$1,009$188
43 years$8,361$5,059$2,942$1,659$915$163
44 years$8,079$4,822$2,762$1,532$831$141
45 years$7,811$4,598$2,593$1,415$754$122
46 years$7,555$4,387$2,435$1,307$685$105
47 years$7,310$4,186$2,288$1,208$622$91
48 years$7,076$3,996$2,150$1,116$565$79
49 years$6,853$3,816$2,021$1,031$513$68
50 years$6,639$3,645$1,900$953$466$59

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 $4,346 every year, while hoping to spend $29,652 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: 72/19/9 Blend
34$6,800,000$6,800,000$6,800,000$6,800,000
35$7,498,083$7,137,683$7,032,283$8,025,614
36$8,231,338$7,455,880$7,236,315$8,692,896
37$9,038,391$7,788,675$7,446,188$9,419,180
38$9,926,738$8,136,751$7,662,067$10,213,573
39$10,904,640$8,500,826$7,884,120$11,082,788
40$11,981,197$8,881,650$8,112,522$12,034,212
41$13,166,437$9,280,009$8,347,450$13,075,974
42$14,471,412$9,696,728$8,589,087$14,217,025
43$15,908,296$10,132,668$8,837,622$15,467,214
44$17,490,509$10,588,735$9,093,249$16,837,386
45$19,232,833$11,065,875$9,356,165$18,339,479
46$21,151,560$11,565,082$9,626,575$19,986,636
47$23,264,643$12,087,394$9,904,689$21,793,328
48$25,591,862$12,633,902$10,190,721$23,775,486
49$28,155,016$13,205,747$10,484,894$25,950,655
50$30,978,124$13,804,125$10,787,435$28,338,153
51$34,087,654$14,430,289$11,098,576$30,959,252
52$37,512,775$15,085,553$11,418,558$33,837,379
53$41,285,625$15,771,293$11,747,627$36,998,333
54$45,441,623$16,488,949$12,086,036$40,470,525
55$50,019,795$17,240,035$12,434,045$44,285,248
56$55,063,149$18,026,132$12,791,921$48,476,965
57$60,619,078$18,848,900$13,159,937$53,083,637
58$66,739,805$19,710,077$13,538,376$58,147,072
59$73,482,880$20,611,486$13,927,527$63,713,322
60$80,911,721$21,555,035$14,327,686$69,833,115
61$89,096,211$22,542,727$14,739,158$76,562,327
62$98,113,361$23,576,657$15,162,257$83,962,507
63$108,048,035$24,659,025$15,597,304$92,101,458
64$118,993,750$25,792,132$16,044,628$101,053,870
65$131,053,559$26,978,393$16,504,570$110,902,023
66$144,341,026$28,220,338$16,977,477$121,736,560
67$158,981,295$29,520,619$17,463,706$133,657,337
68$175,112,271$30,882,013$17,963,625$146,774,361
69$192,885,927$32,307,436$18,477,610$161,208,829
70$212,469,729$33,799,938$19,006,048$177,094,262
71$234,048,227$35,362,720$19,549,336$194,577,762
72$257,824,788$36,999,136$20,107,881$213,821,396
73$284,023,524$38,712,701$20,682,103$235,003,724
74$312,891,400$40,507,100$21,272,430$258,321,471
75$344,700,570$42,386,195$21,879,303$283,991,386
76$379,750,944$44,354,034$22,503,175$312,252,280
77$418,373,020$46,414,862$23,144,512$343,367,272
78$460,931,003$48,573,125$23,803,788$377,626,268
79$507,826,245$50,833,488$24,481,494$415,348,692
80$559,501,030$53,200,836$25,178,132$456,886,491
81$616,442,753$55,680,296$25,894,218$502,627,453
82$679,188,519$58,277,235$26,630,279$552,998,859
83$748,330,215$60,997,287$27,386,860$608,471,508
84$824,520,094$63,846,351$28,164,518$669,564,152
85$908,476,937$66,830,616$28,963,822$736,848,389
86$1,000,992,835$69,956,567$29,785,361$810,954,042
87$1,102,940,670$73,231,004$30,629,736$892,575,101
88$1,215,282,351$76,661,055$31,497,565$982,476,263
89$1,339,077,897$80,254,194$32,389,480$1,081,500,139
90$1,475,495,447$84,018,254$33,306,132$1,190,575,198
91$1,625,822,282$87,961,448$34,248,187$1,310,724,520
92$1,791,476,983$92,092,387$35,216,330$1,443,075,445
93$1,974,022,820$96,420,099$36,211,261$1,588,870,197
94$2,175,182,510$100,954,046$37,233,701$1,749,477,605
95$2,396,854,484$105,704,152$38,284,388$1,926,406,004
96$2,641,130,805$110,680,819$39,364,078$2,121,317,466
97$2,910,316,921$115,894,953$40,473,549$2,336,043,472
98$3,206,953,430$121,357,989$41,613,596$2,572,602,189
99$3,533,840,065$127,081,916$42,785,036$2,833,217,501
100$3,894,062,125$133,079,302$43,988,708$3,120,339,992