Can I retire at age 35 with 6,900,000?

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 $6,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$569,796$564,720$559,768$554,935$550,216$535,178
2 years$282,077$276,824$271,732$266,796$262,007$246,967
3 years$186,183$180,907$175,829$170,939$166,228$151,656
4 years$138,246$132,986$127,958$123,152$118,555$104,564
5 years$109,491$104,263$99,301$94,592$90,124$76,751
6 years$90,327$85,138$80,250$75,646$71,312$58,570
7 years$76,644$71,499$66,688$62,193$57,996$45,885
8 years$66,387$61,288$56,557$52,172$48,113$36,628
9 years$58,413$53,362$48,712$44,439$40,518$29,648
10 years$52,037$47,036$42,468$38,307$34,524$24,254
11 years$46,825$41,873$37,389$33,338$29,691$20,006
12 years$42,484$37,583$33,181$29,242$25,730$16,611
13 years$38,814$33,964$29,645$25,817$22,437$13,865
14 years$35,670$30,873$26,637$22,917$19,668$11,623
15 years$32,949$28,203$24,049$20,438$17,317$9,778
16 years$30,570$25,875$21,804$18,300$15,305$8,249
17 years$28,473$23,830$19,841$16,442$13,571$6,977
18 years$26,611$22,020$18,112$14,818$12,066$5,912
19 years$24,947$20,408$16,581$13,389$10,755$5,019
20 years$23,451$18,964$15,217$12,127$9,607$4,266
21 years$22,099$17,665$13,997$11,006$8,597$3,631
22 years$20,872$16,489$12,900$10,007$7,706$3,093
23 years$19,754$15,422$11,911$9,113$6,917$2,638
24 years$18,730$14,449$11,016$8,312$6,217$2,251
25 years$17,789$13,560$10,203$7,591$5,595$1,922
26 years$16,922$12,744$9,463$6,941$5,039$1,642
27 years$16,121$11,994$8,787$6,353$4,543$1,403
28 years$15,379$11,302$8,168$5,821$4,100$1,200
29 years$14,688$10,662$7,601$5,338$3,702$1,026
30 years$14,045$10,069$7,080$4,899$3,345$878
31 years$13,445$9,519$6,601$4,499$3,024$751
32 years$12,883$9,006$6,159$4,135$2,736$643
33 years$12,357$8,529$5,750$3,802$2,476$550
34 years$11,862$8,084$5,373$3,498$2,241$471
35 years$11,397$7,667$5,023$3,220$2,030$403
36 years$10,959$7,277$4,699$2,966$1,839$345
37 years$10,545$6,912$4,398$2,733$1,667$296
38 years$10,154$6,569$4,119$2,519$1,511$253
39 years$9,784$6,246$3,859$2,322$1,371$217
40 years$9,433$5,943$3,617$2,142$1,243$186
41 years$9,101$5,657$3,392$1,976$1,128$159
42 years$8,785$5,388$3,181$1,824$1,023$136
43 years$8,484$5,133$2,985$1,684$929$117
44 years$8,198$4,893$2,802$1,555$843$100
45 years$7,926$4,666$2,631$1,436$765$86
46 years$7,666$4,451$2,471$1,326$695$74
47 years$7,418$4,248$2,322$1,225$631$63
48 years$7,180$4,055$2,182$1,132$573$54
49 years$6,954$3,872$2,051$1,046$520$46
50 years$6,737$3,699$1,928$967$473$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,900,000, adding $3,883 every year, while hoping to spend $37,852 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: 76/19/5 Blend
34$6,900,000$6,900,000$6,900,000$6,900,000
35$7,607,805$7,242,105$7,135,155$8,183,468
36$8,343,527$7,556,694$7,333,909$8,876,540
37$9,153,024$7,885,429$7,538,052$9,630,691
38$10,043,781$8,228,964$7,747,725$10,456,139
39$11,024,045$8,587,982$7,963,073$11,359,933
40$12,102,904$8,963,199$8,184,242$12,349,836
41$13,290,371$9,355,366$8,411,384$13,434,390
42$14,597,477$9,765,268$8,644,654$14,623,001
43$16,036,381$10,193,727$8,884,211$15,926,022
44$17,620,476$10,641,604$9,130,216$17,354,851
45$19,364,523$11,109,801$9,382,837$18,922,040
46$21,284,786$11,599,262$9,642,243$20,641,406
47$23,399,185$12,110,978$9,908,610$22,528,166
48$25,727,469$12,645,983$10,182,115$24,599,073
49$28,291,398$13,205,362$10,462,943$26,872,579
50$31,114,948$13,790,253$10,751,279$29,369,001
51$34,224,542$14,401,844$11,047,316$32,110,716
52$37,649,294$15,041,384$11,351,251$35,122,366
53$41,421,288$15,710,177$11,663,283$38,431,092
54$45,575,875$16,409,592$11,983,619$42,066,786
55$50,152,014$17,141,061$12,312,469$46,062,372
56$55,192,631$17,906,085$12,650,049$50,454,113
57$60,745,032$18,706,236$12,996,579$55,281,954
58$66,861,346$19,543,162$13,352,284$60,589,893
59$73,599,013$20,418,586$13,717,395$66,426,394
60$81,021,333$21,334,318$14,092,149$72,844,845
61$89,198,059$22,292,250$14,476,786$79,904,054
62$98,206,057$23,294,366$14,871,554$87,668,808
63$108,130,029$24,342,744$15,276,705$96,210,473
64$119,063,315$25,439,562$15,692,498$105,607,671
65$131,108,773$26,587,100$16,119,197$115,947,016
66$144,379,750$27,787,750$16,557,072$127,323,929
67$159,001,149$29,044,014$17,006,398$139,843,533
68$175,110,613$30,358,518$17,467,460$153,621,644
69$192,859,820$31,734,009$17,940,544$168,785,858
70$212,415,915$33,173,370$18,425,946$185,476,754
71$233,963,090$34,679,617$18,923,967$203,849,212
72$257,704,322$36,255,914$19,434,916$224,073,875
73$283,863,284$37,905,575$19,959,107$246,338,754
74$312,686,463$39,632,073$20,496,861$270,850,993
75$344,445,484$41,439,046$21,048,508$297,838,828
76$379,439,673$43,330,309$21,614,383$327,553,727
77$417,998,883$45,309,858$22,194,828$360,272,763
78$460,486,608$47,381,879$22,790,193$396,301,222
79$507,303,413$49,550,763$23,400,836$435,975,482
80$558,890,719$51,821,108$24,027,122$479,666,174
81$615,734,964$54,197,734$24,669,422$527,781,681
82$678,372,200$56,685,692$25,328,117$580,771,986
83$747,393,150$59,290,277$26,003,595$639,132,905
84$823,448,788$62,017,037$26,696,251$703,410,768
85$907,256,478$64,871,786$27,406,490$774,207,564
86$999,606,755$67,860,619$28,134,723$852,186,617
87$1,101,370,778$70,989,924$28,881,371$938,078,836
88$1,213,508,563$74,266,395$29,646,862$1,032,689,609
89$1,337,078,036$77,697,049$30,431,632$1,136,906,395
90$1,473,245,032$81,289,240$31,236,128$1,251,707,090
91$1,623,294,290$85,050,677$32,060,803$1,378,169,251
92$1,788,641,587$88,989,440$32,906,119$1,517,480,254
93$1,970,847,105$93,113,998$33,772,550$1,670,948,495
94$2,171,630,153$97,433,228$34,660,574$1,840,015,726
95$2,392,885,406$101,956,434$35,570,681$2,026,270,654
96$2,636,700,788$106,693,370$36,503,369$2,231,463,928
97$2,905,377,183$111,654,259$37,459,146$2,457,524,649
98$3,201,450,157$116,849,819$38,438,529$2,706,578,567
99$3,527,713,896$122,291,283$39,442,043$2,980,968,137
100$3,887,247,585$127,990,428$40,470,223$3,283,274,612