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

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 $6,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$569,796$564,720$559,768$554,935$550,216$535,611
2 years$282,077$276,824$271,732$266,796$262,007$247,395
3 years$186,183$180,907$175,829$170,939$166,228$152,066
4 years$138,246$132,986$127,958$123,152$118,555$104,952
5 years$109,491$104,263$99,301$94,592$90,124$77,117
6 years$90,327$85,138$80,250$75,646$71,312$58,914
7 years$76,644$71,499$66,688$62,193$57,996$46,207
8 years$66,387$61,288$56,557$52,172$48,113$36,928
9 years$58,413$53,362$48,712$44,439$40,518$29,927
10 years$52,037$47,036$42,468$38,307$34,524$24,513
11 years$46,825$41,873$37,389$33,338$29,691$20,246
12 years$42,484$37,583$33,181$29,242$25,730$16,832
13 years$38,814$33,964$29,645$25,817$22,437$14,069
14 years$35,670$30,873$26,637$22,917$19,668$11,810
15 years$32,949$28,203$24,049$20,438$17,317$9,949
16 years$30,570$25,875$21,804$18,300$15,305$8,406
17 years$28,473$23,830$19,841$16,442$13,571$7,119
18 years$26,611$22,020$18,112$14,818$12,066$6,042
19 years$24,947$20,408$16,581$13,389$10,755$5,137
20 years$23,451$18,964$15,217$12,127$9,607$4,373
21 years$22,099$17,665$13,997$11,006$8,597$3,728
22 years$20,872$16,489$12,900$10,007$7,706$3,181
23 years$19,754$15,422$11,911$9,113$6,917$2,716
24 years$18,730$14,449$11,016$8,312$6,217$2,322
25 years$17,789$13,560$10,203$7,591$5,595$1,985
26 years$16,922$12,744$9,463$6,941$5,039$1,699
27 years$16,121$11,994$8,787$6,353$4,543$1,454
28 years$15,379$11,302$8,168$5,821$4,100$1,245
29 years$14,688$10,662$7,601$5,338$3,702$1,067
30 years$14,045$10,069$7,080$4,899$3,345$914
31 years$13,445$9,519$6,601$4,499$3,024$784
32 years$12,883$9,006$6,159$4,135$2,736$672
33 years$12,357$8,529$5,750$3,802$2,476$576
34 years$11,862$8,084$5,373$3,498$2,241$494
35 years$11,397$7,667$5,023$3,220$2,030$424
36 years$10,959$7,277$4,699$2,966$1,839$363
37 years$10,545$6,912$4,398$2,733$1,667$312
38 years$10,154$6,569$4,119$2,519$1,511$267
39 years$9,784$6,246$3,859$2,322$1,371$229
40 years$9,433$5,943$3,617$2,142$1,243$197
41 years$9,101$5,657$3,392$1,976$1,128$169
42 years$8,785$5,388$3,181$1,824$1,023$145
43 years$8,484$5,133$2,985$1,684$929$124
44 years$8,198$4,893$2,802$1,555$843$107
45 years$7,926$4,666$2,631$1,436$765$92
46 years$7,666$4,451$2,471$1,326$695$79
47 years$7,418$4,248$2,322$1,225$631$68
48 years$7,180$4,055$2,182$1,132$573$58
49 years$6,954$3,872$2,051$1,046$520$50
50 years$6,737$3,699$1,928$967$473$43

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 $5,806 every year, while hoping to spend $49,945 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: 67/11/22 Blend
34$6,900,000$6,900,000$6,900,000$6,900,000
35$7,609,789$7,244,089$7,137,139$8,076,793
36$8,332,846$7,545,908$7,323,092$8,692,557
37$9,127,982$7,860,843$7,513,600$9,359,429
38$10,002,494$8,189,482$7,708,764$10,087,553
39$10,964,426$8,532,444$7,908,685$10,882,960
40$12,022,637$8,890,374$8,113,466$11,752,292
41$13,186,891$9,263,947$8,323,212$12,702,857
42$14,467,944$9,653,871$8,538,030$13,742,705
43$15,877,648$10,060,885$8,758,028$14,880,696
44$17,429,063$10,485,762$8,983,316$16,126,586
45$19,136,576$10,929,313$9,214,006$17,491,119
46$21,016,043$11,392,385$9,450,211$18,986,124
47$23,084,932$11,875,866$9,692,047$20,624,628
48$25,362,494$12,380,682$9,939,629$22,420,977
49$27,869,939$12,907,805$10,193,077$24,390,972
50$30,630,637$13,458,253$10,452,510$26,552,013
51$33,670,343$14,033,088$10,718,050$28,923,265
52$37,017,433$14,633,424$10,989,820$31,525,837
53$40,703,177$15,260,428$11,267,944$34,382,979
54$44,762,031$15,915,319$11,552,550$37,520,302
55$49,231,963$16,599,374$11,843,765$40,966,015
56$54,154,810$17,313,930$12,141,718$44,751,193
57$59,576,675$18,060,387$12,446,540$48,910,066
58$65,548,359$18,840,209$12,758,362$53,480,342
59$72,125,843$19,654,931$13,077,319$58,503,563
60$79,370,815$20,506,158$13,403,545$64,025,489
61$87,351,250$21,395,572$13,737,175$70,096,536
62$96,142,054$22,324,932$14,078,348$76,772,245
63$105,825,772$23,296,081$14,427,200$84,113,804
64$116,493,361$24,310,950$14,783,872$92,188,628
65$128,245,055$25,371,558$15,148,503$101,070,987
66$141,191,307$26,480,021$15,521,235$110,842,710
67$155,453,833$27,638,554$15,902,208$121,593,953
68$171,166,758$28,849,477$16,291,566$133,424,046
69$188,477,885$30,115,220$16,689,452$146,442,431
70$207,550,089$31,438,325$17,096,008$160,769,692
71$228,562,853$32,821,458$17,511,379$176,538,688
72$251,713,963$34,267,408$17,935,709$193,895,808
73$277,221,373$35,779,097$18,369,141$213,002,347
74$305,325,265$37,359,585$18,811,820$234,036,027
75$336,290,315$39,012,077$19,263,888$257,192,671
76$370,408,188$40,739,930$19,725,490$282,688,048
77$408,000,298$42,546,661$20,196,768$310,759,909
78$449,420,832$44,435,951$20,677,864$341,670,222
79$495,060,102$46,411,658$21,168,918$375,707,648
80$545,348,226$48,477,823$21,670,070$413,190,259
81$600,759,187$50,638,678$22,181,459$454,468,534
82$661,815,307$52,898,656$22,703,220$499,928,669
83$729,092,179$55,262,401$23,235,490$549,996,216
84$803,224,102$57,734,779$23,778,399$605,140,091
85$884,910,063$60,320,886$24,332,078$665,877,006
86$974,920,340$63,026,061$24,896,654$732,776,333
87$1,074,103,774$65,855,897$25,472,251$806,465,478
88$1,183,395,777$68,816,254$26,058,989$887,635,798
89$1,303,827,168$71,913,271$26,656,986$977,049,123
90$1,436,533,898$75,153,381$27,266,354$1,075,544,941
91$1,582,767,779$78,543,321$27,887,201$1,184,048,317
92$1,743,908,301$82,090,151$28,519,631$1,303,578,621
93$1,921,475,650$85,801,271$29,163,740$1,435,259,146
94$2,117,145,062$89,684,429$29,819,621$1,580,327,700
95$2,332,762,639$93,747,747$30,487,359$1,740,148,292
96$2,570,362,776$97,999,734$31,167,034$1,916,223,998
97$2,832,187,364$102,449,306$31,858,715$2,110,211,141
98$3,120,706,960$107,105,807$32,562,466$2,323,934,925
99$3,438,644,104$111,979,025$33,278,343$2,559,406,654
100$3,788,999,025$117,079,220$34,006,390$2,818,842,712