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%17.9%
1 years$569,796$564,720$559,768$554,935$550,216$532,603
2 years$282,077$276,824$271,732$266,796$262,007$244,425
3 years$186,183$180,907$175,829$170,939$166,228$149,229
4 years$138,246$132,986$127,958$123,152$118,555$102,268
5 years$109,491$104,263$99,301$94,592$90,124$74,593
6 years$90,327$85,138$80,250$75,646$71,312$56,550
7 years$76,644$71,499$66,688$62,193$57,996$44,002
8 years$66,387$61,288$56,557$52,172$48,113$34,877
9 years$58,413$53,362$48,712$44,439$40,518$28,026
10 years$52,037$47,036$42,468$38,307$34,524$22,755
11 years$46,825$41,873$37,389$33,338$29,691$18,625
12 years$42,484$37,583$33,181$29,242$25,730$15,343
13 years$38,814$33,964$29,645$25,817$22,437$12,703
14 years$35,670$30,873$26,637$22,917$19,668$10,561
15 years$32,949$28,203$24,049$20,438$17,317$8,809
16 years$30,570$25,875$21,804$18,300$15,305$7,368
17 years$28,473$23,830$19,841$16,442$13,571$6,177
18 years$26,611$22,020$18,112$14,818$12,066$5,188
19 years$24,947$20,408$16,581$13,389$10,755$4,365
20 years$23,451$18,964$15,217$12,127$9,607$3,676
21 years$22,099$17,665$13,997$11,006$8,597$3,100
22 years$20,872$16,489$12,900$10,007$7,706$2,616
23 years$19,754$15,422$11,911$9,113$6,917$2,210
24 years$18,730$14,449$11,016$8,312$6,217$1,868
25 years$17,789$13,560$10,203$7,591$5,595$1,580
26 years$16,922$12,744$9,463$6,941$5,039$1,336
27 years$16,121$11,994$8,787$6,353$4,543$1,131
28 years$15,379$11,302$8,168$5,821$4,100$958
29 years$14,688$10,662$7,601$5,338$3,702$811
30 years$14,045$10,069$7,080$4,899$3,345$687
31 years$13,445$9,519$6,601$4,499$3,024$582
32 years$12,883$9,006$6,159$4,135$2,736$493
33 years$12,357$8,529$5,750$3,802$2,476$418
34 years$11,862$8,084$5,373$3,498$2,241$354
35 years$11,397$7,667$5,023$3,220$2,030$300
36 years$10,959$7,277$4,699$2,966$1,839$255
37 years$10,545$6,912$4,398$2,733$1,667$216
38 years$10,154$6,569$4,119$2,519$1,511$183
39 years$9,784$6,246$3,859$2,322$1,371$155
40 years$9,433$5,943$3,617$2,142$1,243$132
41 years$9,101$5,657$3,392$1,976$1,128$112
42 years$8,785$5,388$3,181$1,824$1,023$95
43 years$8,484$5,133$2,985$1,684$929$80
44 years$8,198$4,893$2,802$1,555$843$68
45 years$7,926$4,666$2,631$1,436$765$58
46 years$7,666$4,451$2,471$1,326$695$49
47 years$7,418$4,248$2,322$1,225$631$42
48 years$7,180$4,055$2,182$1,132$573$35
49 years$6,954$3,872$2,051$1,046$520$30
50 years$6,737$3,699$1,928$967$473$25

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 $2,252 every year, while hoping to spend $49,019 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: 55/35/10 Blend
34$6,900,000$6,900,000$6,900,000$6,900,000
35$7,606,123$7,240,423$7,133,473$8,005,459
36$8,329,792$7,543,048$7,320,288$8,578,664
37$9,125,632$7,858,858$7,511,719$9,196,882
38$10,000,953$8,188,449$7,707,869$9,868,826
39$10,963,808$8,532,442$7,908,841$10,599,614
40$12,023,072$8,891,487$8,114,742$11,394,875
41$13,188,521$9,266,265$8,325,682$12,260,796
42$14,470,927$9,657,489$8,541,769$13,204,180
43$15,882,160$10,065,904$8,763,117$14,232,506
44$17,435,297$10,492,290$8,989,838$15,353,998
45$19,144,749$10,937,464$9,222,049$16,577,702
46$21,026,393$11,402,279$9,459,867$17,913,569
47$23,097,724$11,887,630$9,703,411$19,372,541
48$25,378,020$12,394,452$9,952,804$20,966,660
49$27,888,523$12,923,725$10,208,167$22,709,172
50$30,652,638$13,476,473$10,469,627$24,614,654
51$33,696,157$14,053,770$10,737,309$26,699,145
52$37,047,498$14,656,738$11,011,343$28,980,295
53$40,737,978$15,286,554$11,291,858$31,477,529
54$44,802,104$15,944,446$11,578,986$34,212,229
55$49,277,899$16,631,705$11,872,863$37,207,927
56$54,207,263$17,349,677$12,173,623$40,490,529
57$59,636,368$18,099,775$12,481,403$44,088,551
58$65,616,090$18,883,477$12,796,343$48,033,387
59$72,202,494$19,702,330$13,118,582$52,359,600
60$79,457,357$20,557,953$13,448,264$57,105,245
61$87,448,759$21,452,044$13,785,533$62,312,221
62$96,251,716$22,386,378$14,130,532$68,026,663
63$105,948,895$23,362,815$14,483,409$74,299,373
64$116,631,391$24,383,301$14,844,311$81,186,296
65$128,399,587$25,449,876$15,213,389$88,749,036
66$141,364,099$26,564,675$15,590,792$97,055,439
67$155,646,826$27,729,933$15,976,673$106,180,225
68$171,382,095$28,947,992$16,371,184$116,205,683
69$188,717,928$30,221,303$16,774,478$127,222,448
70$207,817,445$31,552,435$17,186,711$139,330,345
71$228,860,396$32,944,077$17,608,038$152,639,324
72$252,044,864$34,399,044$18,038,615$167,270,494
73$277,589,130$35,920,287$18,478,598$183,357,255
74$305,733,736$37,510,895$18,928,145$201,046,549
75$336,743,752$39,174,104$19,387,413$220,500,241
76$370,911,283$40,913,303$19,856,560$241,896,637
77$408,558,222$42,732,043$20,335,743$265,432,155
78$450,039,289$44,634,042$20,825,118$291,323,174
79$495,745,380$46,623,194$21,324,844$319,808,064
80$546,107,259$48,703,581$21,835,077$351,149,423
81$601,599,619$50,879,476$22,355,971$385,636,549
82$662,745,566$53,155,356$22,887,682$423,588,157
83$730,121,558$55,535,912$23,430,363$465,355,377
84$804,362,843$58,026,058$23,984,167$511,325,053
85$886,169,459$60,630,941$24,549,242$561,923,384
86$976,312,841$63,355,954$25,125,739$617,619,932
87$1,075,643,101$66,206,746$25,713,801$678,932,041
88$1,185,097,058$69,189,237$26,313,575$746,429,705
89$1,305,707,077$72,309,629$26,925,198$820,740,932
90$1,438,610,817$75,574,418$27,548,810$902,557,657
91$1,585,061,969$78,990,414$28,184,544$992,642,258
92$1,746,442,093$82,564,748$28,832,530$1,091,834,730
93$1,924,273,660$86,304,893$29,492,893$1,201,060,601
94$2,120,234,422$90,218,682$30,165,754$1,321,339,644
95$2,336,173,255$94,314,320$30,851,229$1,453,795,488
96$2,574,127,609$98,600,404$31,549,427$1,599,666,201
97$2,836,342,745$103,085,943$32,260,452$1,760,315,954
98$3,125,292,929$107,780,378$32,984,402$1,937,247,877
99$3,443,704,794$112,693,603$33,721,365$2,132,118,225
100$3,794,583,076$117,835,983$34,471,424$2,346,751,983