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%12.6%
1 years$578,053$572,904$567,881$562,978$558,190$552,131
2 years$286,165$280,836$275,670$270,662$265,805$259,704
3 years$188,882$183,529$178,377$173,416$168,637$162,684
4 years$140,249$134,913$129,813$124,936$120,274$114,514
5 years$111,078$105,774$100,740$95,963$91,430$85,881
6 years$91,636$86,372$81,413$76,743$72,346$67,014
7 years$77,755$72,535$67,655$63,094$58,836$53,724
8 years$67,349$62,176$57,376$52,928$48,810$43,917
9 years$59,259$54,135$49,418$45,083$41,105$36,429
10 years$52,792$47,718$43,084$38,862$35,024$30,562
11 years$47,503$42,480$37,930$33,822$30,122$25,870
12 years$43,099$38,128$33,662$29,666$26,103$22,058
13 years$39,376$34,457$30,075$26,191$22,762$18,918
14 years$36,187$31,320$27,023$23,249$19,953$16,305
15 years$33,426$28,611$24,398$20,734$17,568$14,110
16 years$31,013$26,250$22,120$18,565$15,527$12,253
17 years$28,885$24,176$20,128$16,681$13,767$10,672
18 years$26,996$22,339$18,375$15,033$12,241$9,318
19 years$25,308$20,704$16,821$13,583$10,911$8,153
20 years$23,791$19,239$15,438$12,302$9,746$7,147
21 years$22,420$17,921$14,200$11,165$8,721$6,275
22 years$21,175$16,728$13,087$10,152$7,817$5,517
23 years$20,040$15,645$12,084$9,245$7,017$4,857
24 years$19,001$14,659$11,175$8,432$6,307$4,280
25 years$18,047$13,757$10,351$7,701$5,676$3,775
26 years$17,168$12,929$9,600$7,041$5,112$3,332
27 years$16,355$12,168$8,914$6,445$4,609$2,944
28 years$15,601$11,466$8,287$5,905$4,159$2,602
29 years$14,901$10,816$7,712$5,415$3,756$2,301
30 years$14,249$10,215$7,183$4,970$3,393$2,036
31 years$13,640$9,657$6,697$4,564$3,068$1,802
32 years$13,070$9,137$6,248$4,195$2,775$1,596
33 years$12,536$8,653$5,834$3,857$2,512$1,414
34 years$12,034$8,201$5,451$3,549$2,274$1,253
35 years$11,562$7,779$5,096$3,267$2,060$1,110
36 years$11,118$7,383$4,767$3,009$1,866$984
37 years$10,698$7,012$4,462$2,772$1,691$873
38 years$10,301$6,664$4,179$2,555$1,533$774
39 years$9,926$6,337$3,915$2,356$1,390$687
40 years$9,570$6,029$3,669$2,173$1,261$609
41 years$9,233$5,739$3,441$2,005$1,144$540
42 years$8,912$5,466$3,228$1,850$1,038$479
43 years$8,607$5,208$3,029$1,708$942$426
44 years$8,317$4,964$2,843$1,577$855$378
45 years$8,041$4,734$2,669$1,457$776$335
46 years$7,777$4,516$2,507$1,345$705$298
47 years$7,525$4,309$2,355$1,243$640$264
48 years$7,285$4,114$2,213$1,149$581$234
49 years$7,055$3,928$2,080$1,062$528$208
50 years$6,834$3,753$1,956$981$480$185

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 $3,564 every year, while hoping to spend $37,850 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: 47/26/27 Blend
34$7,000,000$7,000,000$7,000,000$7,000,000
35$7,717,676$7,346,676$7,238,176$8,020,546
36$8,464,607$7,666,391$7,440,383$8,554,100
37$9,286,456$8,000,504$7,648,095$9,128,944
38$10,190,826$8,349,679$7,861,457$9,752,216
39$11,186,091$8,714,615$8,080,617$10,428,486
40$12,281,481$9,096,039$8,305,727$11,162,774
41$13,487,165$9,494,718$8,536,941$11,960,601
42$14,814,347$9,911,451$8,774,420$12,828,032
43$16,275,374$10,347,075$9,018,326$13,771,736
44$17,883,849$10,802,469$9,268,827$14,799,044
45$19,654,763$11,278,551$9,526,094$15,918,021
46$21,604,633$11,776,284$9,790,303$17,137,531
47$23,751,660$12,296,677$10,061,632$18,467,328
48$26,115,899$12,840,784$10,340,267$19,918,138
49$28,719,450$13,409,712$10,626,395$21,501,762
50$31,586,665$14,004,619$10,920,211$23,231,182
51$34,744,378$14,626,718$11,221,911$25,120,683
52$38,222,157$15,277,280$11,531,697$27,185,984
53$42,052,586$15,957,635$11,849,778$29,444,381
54$46,271,570$16,669,179$12,176,366$31,914,910
55$50,918,673$17,413,372$12,511,677$34,618,523
56$56,037,493$18,191,743$12,855,934$37,578,281
57$61,676,075$19,005,896$13,209,365$40,819,567
58$67,887,358$19,857,509$13,572,202$44,370,326
59$74,729,683$20,748,341$13,944,685$48,261,320
60$82,267,336$21,680,235$14,327,058$52,526,416
61$90,571,159$22,655,121$14,719,569$57,202,903
62$99,719,218$23,675,023$15,122,475$62,331,838
63$109,797,537$24,742,058$15,536,037$67,958,426
64$120,900,915$25,858,447$15,960,523$74,132,448
65$133,133,813$27,026,516$16,396,206$80,908,721
66$146,611,349$28,248,703$16,843,365$88,347,610
67$161,460,377$29,527,559$17,302,289$96,515,596
68$177,820,688$30,865,762$17,773,268$105,485,892
69$195,846,328$32,266,115$18,256,602$115,339,135
70$215,707,054$33,731,554$18,752,598$126,164,135
71$237,589,932$35,265,159$19,261,569$138,058,707
72$261,701,107$36,870,154$19,783,834$151,130,593
73$288,267,748$38,549,920$20,319,720$165,498,465
74$317,540,190$40,307,997$20,869,562$181,293,041
75$349,794,298$42,148,098$21,433,702$198,658,311
76$385,334,074$44,074,112$22,012,488$217,752,887
77$424,494,520$46,090,114$22,606,277$238,751,492
78$467,644,807$48,200,376$23,215,434$261,846,603
79$515,191,757$50,409,374$23,840,330$287,250,252
80$567,583,682$52,721,799$24,481,347$315,196,024
81$625,314,618$55,142,568$25,138,872$345,941,251
82$688,928,988$57,676,832$25,813,303$379,769,426
83$759,026,739$60,329,992$26,505,044$416,992,874
84$836,269,012$63,107,707$27,214,508$457,955,683
85$921,384,376$66,015,909$27,942,118$503,036,946
86$1,015,175,708$69,060,814$28,688,305$552,654,320
87$1,118,527,775$72,248,939$29,453,508$607,267,961
88$1,232,415,583$75,587,112$30,238,176$667,384,854
89$1,357,913,584$79,082,492$31,042,767$733,563,579
90$1,496,205,817$82,742,581$31,867,747$806,419,576
91$1,648,597,087$86,575,244$32,713,592$886,630,931
92$1,816,525,282$90,588,723$33,580,790$974,944,771
93$2,001,574,948$94,791,658$34,469,834$1,072,184,289
94$2,205,492,249$99,193,106$35,381,230$1,179,256,506
95$2,430,201,450$103,802,559$36,315,492$1,297,160,807
96$2,677,823,082$108,629,969$37,273,145$1,426,998,363
97$2,950,693,965$113,685,766$38,254,724$1,569,982,499
98$3,251,389,265$118,980,884$39,260,773$1,727,450,133
99$3,582,746,808$124,526,786$40,291,847$1,900,874,369
100$3,947,893,870$130,335,485$41,348,511$2,091,878,384