Can I retire at age 35 with 7,000,000?

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 $7,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$578,053$572,904$567,881$562,978$558,190$553,282
2 years$286,165$280,836$275,670$270,662$265,805$260,859
3 years$188,882$183,529$178,377$173,416$168,637$163,807
4 years$140,249$134,913$129,813$124,936$120,274$115,596
5 years$111,078$105,774$100,740$95,963$91,430$86,919
6 years$91,636$86,372$81,413$76,743$72,346$68,007
7 years$77,755$72,535$67,655$63,094$58,836$54,671
8 years$67,349$62,176$57,376$52,928$48,810$44,820
9 years$59,259$54,135$49,418$45,083$41,105$37,287
10 years$52,792$47,718$43,084$38,862$35,024$31,376
11 years$47,503$42,480$37,930$33,822$30,122$26,642
12 years$43,099$38,128$33,662$29,666$26,103$22,787
13 years$39,376$34,457$30,075$26,191$22,762$19,607
14 years$36,187$31,320$27,023$23,249$19,953$16,955
15 years$33,426$28,611$24,398$20,734$17,568$14,722
16 years$31,013$26,250$22,120$18,565$15,527$12,829
17 years$28,885$24,176$20,128$16,681$13,767$11,212
18 years$26,996$22,339$18,375$15,033$12,241$9,824
19 years$25,308$20,704$16,821$13,583$10,911$8,627
20 years$23,791$19,239$15,438$12,302$9,746$7,590
21 years$22,420$17,921$14,200$11,165$8,721$6,689
22 years$21,175$16,728$13,087$10,152$7,817$5,904
23 years$20,040$15,645$12,084$9,245$7,017$5,217
24 years$19,001$14,659$11,175$8,432$6,307$4,615
25 years$18,047$13,757$10,351$7,701$5,676$4,086
26 years$17,168$12,929$9,600$7,041$5,112$3,621
27 years$16,355$12,168$8,914$6,445$4,609$3,212
28 years$15,601$11,466$8,287$5,905$4,159$2,850
29 years$14,901$10,816$7,712$5,415$3,756$2,531
30 years$14,249$10,215$7,183$4,970$3,393$2,249
31 years$13,640$9,657$6,697$4,564$3,068$1,999
32 years$13,070$9,137$6,248$4,195$2,775$1,777
33 years$12,536$8,653$5,834$3,857$2,512$1,581
34 years$12,034$8,201$5,451$3,549$2,274$1,407
35 years$11,562$7,779$5,096$3,267$2,060$1,252
36 years$11,118$7,383$4,767$3,009$1,866$1,115
37 years$10,698$7,012$4,462$2,772$1,691$992
38 years$10,301$6,664$4,179$2,555$1,533$884
39 years$9,926$6,337$3,915$2,356$1,390$787
40 years$9,570$6,029$3,669$2,173$1,261$702
41 years$9,233$5,739$3,441$2,005$1,144$625
42 years$8,912$5,466$3,228$1,850$1,038$557
43 years$8,607$5,208$3,029$1,708$942$496
44 years$8,317$4,964$2,843$1,577$855$443
45 years$8,041$4,734$2,669$1,457$776$394
46 years$7,777$4,516$2,507$1,345$705$352
47 years$7,525$4,309$2,355$1,243$640$314
48 years$7,285$4,114$2,213$1,149$581$280
49 years$7,055$3,928$2,080$1,062$528$249
50 years$6,834$3,753$1,956$981$480$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,000,000, adding $4,040 every year, while hoping to spend $51,030 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: 47/37/16 Blend
34$7,000,000$7,000,000$7,000,000$7,000,000
35$7,718,167$7,347,167$7,238,667$8,045,892
36$8,451,125$7,652,883$7,426,867$8,579,474
37$9,257,134$7,971,868$7,619,661$9,152,749
38$10,143,591$8,304,720$7,817,150$9,773,853
39$11,118,648$8,652,061$8,019,435$10,447,267
40$12,191,283$9,014,546$8,226,619$11,177,913
41$13,371,391$9,392,855$8,438,808$11,971,197
42$14,669,873$9,787,705$8,656,107$12,833,061
43$16,098,739$10,199,842$8,878,627$13,770,034
44$17,671,225$10,630,049$9,106,475$14,789,293
45$19,401,913$11,079,144$9,339,765$15,898,725
46$21,306,870$11,547,984$9,578,609$17,107,006
47$23,403,800$12,037,465$9,823,122$18,423,672
48$25,712,211$12,548,524$10,073,420$19,859,209
49$28,253,599$13,082,144$10,329,622$21,425,152
50$31,051,649$13,639,352$10,591,847$23,134,188
51$34,132,460$14,221,223$10,860,216$25,000,271
52$37,524,790$14,828,882$11,134,853$27,038,753
53$41,260,328$15,463,507$11,415,880$29,266,526
54$45,373,994$16,126,331$11,703,425$31,702,176
55$49,904,265$16,818,645$11,997,613$34,366,152
56$54,893,540$17,541,798$12,298,573$37,280,962
57$60,388,541$18,297,206$12,606,435$40,471,374
58$66,440,752$19,086,349$12,921,330$43,964,652
59$73,106,904$19,910,776$13,243,390$47,790,801
60$80,449,514$20,772,109$13,572,749$51,982,854
61$88,537,469$21,672,048$13,909,541$56,577,172
62$97,446,683$22,612,370$14,253,903$61,613,786
63$107,260,805$23,594,936$14,605,969$67,136,767
64$118,072,017$24,621,698$14,965,879$73,194,640
65$129,981,896$25,694,695$15,333,769$79,840,831
66$143,102,379$26,816,064$15,709,780$87,134,168
67$157,556,814$27,988,044$16,094,050$95,139,432
68$173,481,129$29,212,978$16,486,721$103,927,956
69$191,025,110$30,493,319$16,887,931$113,578,298
70$210,353,817$31,831,638$17,297,823$124,176,970
71$231,649,143$33,230,625$17,716,537$135,819,249
72$255,111,528$34,693,098$18,144,213$148,610,069
73$280,961,853$36,222,009$18,580,993$162,665,002
74$309,443,523$37,820,448$19,027,017$178,111,339
75$340,824,765$39,491,653$19,482,426$195,089,288
76$375,401,161$41,239,014$19,947,357$213,753,281
77$413,498,436$43,066,083$20,421,950$234,273,424
78$455,475,534$44,976,578$20,906,342$256,837,098
79$501,728,003$46,974,395$21,400,670$281,650,706
80$552,691,735$49,063,615$21,905,067$308,941,621
81$608,847,072$51,248,513$22,419,667$338,960,313
82$670,723,348$53,533,565$22,944,601$371,982,705
83$738,903,882$55,923,461$23,479,997$408,312,763
84$814,031,482$58,423,116$24,025,982$448,285,352
85$896,814,519$61,037,674$24,582,678$492,269,383
86$988,033,609$63,772,529$25,150,206$540,671,282
87$1,088,548,981$66,633,327$25,728,683$593,938,809
88$1,199,308,604$69,625,987$26,318,221$652,565,270
89$1,321,357,129$72,756,708$26,918,928$717,094,155
90$1,455,845,754$76,031,984$27,530,910$788,124,255
91$1,604,043,089$79,458,620$28,154,263$866,315,293
92$1,767,347,136$83,043,744$28,789,083$952,394,132
93$1,947,298,483$86,794,827$29,435,457$1,047,161,619
94$2,145,594,849$90,719,693$30,093,465$1,151,500,120
95$2,364,107,109$94,826,544$30,763,181$1,266,381,835
96$2,604,896,960$99,123,970$31,444,674$1,392,877,943
97$2,870,236,379$103,620,974$32,138,000$1,532,168,699
98$3,162,629,077$108,326,990$32,843,211$1,685,554,542
99$3,484,834,131$113,251,900$33,560,346$1,854,468,355
100$3,839,892,033$118,406,064$34,289,438$2,040,488,954