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%15%
1 years$578,053$572,904$567,881$562,978$558,190$546,696
2 years$286,165$280,836$275,670$270,662$265,805$254,277
3 years$188,882$183,529$178,377$173,416$168,637$157,436
4 years$140,249$134,913$129,813$124,936$120,274$109,484
5 years$111,078$105,774$100,740$95,963$91,430$81,084
6 years$91,636$86,372$81,413$76,743$72,346$62,453
7 years$77,755$72,535$67,655$63,094$58,836$49,400
8 years$67,349$62,176$57,376$52,928$48,810$39,827
9 years$59,259$54,135$49,418$45,083$41,105$32,569
10 years$52,792$47,718$43,084$38,862$35,024$26,926
11 years$47,503$42,480$37,930$33,822$30,122$22,452
12 years$43,099$38,128$33,662$29,666$26,103$18,851
13 years$39,376$34,457$30,075$26,191$22,762$15,915
14 years$36,187$31,320$27,023$23,249$19,953$13,497
15 years$33,426$28,611$24,398$20,734$17,568$11,490
16 years$31,013$26,250$22,120$18,565$15,527$9,812
17 years$28,885$24,176$20,128$16,681$13,767$8,401
18 years$26,996$22,339$18,375$15,033$12,241$7,209
19 years$25,308$20,704$16,821$13,583$10,911$6,198
20 years$23,791$19,239$15,438$12,302$9,746$5,337
21 years$22,420$17,921$14,200$11,165$8,721$4,601
22 years$21,175$16,728$13,087$10,152$7,817$3,972
23 years$20,040$15,645$12,084$9,245$7,017$3,432
24 years$19,001$14,659$11,175$8,432$6,307$2,968
25 years$18,047$13,757$10,351$7,701$5,676$2,569
26 years$17,168$12,929$9,600$7,041$5,112$2,225
27 years$16,355$12,168$8,914$6,445$4,609$1,928
28 years$15,601$11,466$8,287$5,905$4,159$1,671
29 years$14,901$10,816$7,712$5,415$3,756$1,449
30 years$14,249$10,215$7,183$4,970$3,393$1,258
31 years$13,640$9,657$6,697$4,564$3,068$1,091
32 years$13,070$9,137$6,248$4,195$2,775$947
33 years$12,536$8,653$5,834$3,857$2,512$823
34 years$12,034$8,201$5,451$3,549$2,274$714
35 years$11,562$7,779$5,096$3,267$2,060$620
36 years$11,118$7,383$4,767$3,009$1,866$539
37 years$10,698$7,012$4,462$2,772$1,691$468
38 years$10,301$6,664$4,179$2,555$1,533$407
39 years$9,926$6,337$3,915$2,356$1,390$354
40 years$9,570$6,029$3,669$2,173$1,261$307
41 years$9,233$5,739$3,441$2,005$1,144$267
42 years$8,912$5,466$3,228$1,850$1,038$232
43 years$8,607$5,208$3,029$1,708$942$202
44 years$8,317$4,964$2,843$1,577$855$175
45 years$8,041$4,734$2,669$1,457$776$152
46 years$7,777$4,516$2,507$1,345$705$133
47 years$7,525$4,309$2,355$1,243$640$115
48 years$7,285$4,114$2,213$1,149$581$100
49 years$7,055$3,928$2,080$1,062$528$87
50 years$6,834$3,753$1,956$981$480$76

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 $6,525 every year, while hoping to spend $26,140 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: 55/23/22 Blend
34$7,000,000$7,000,000$7,000,000$7,000,000
35$7,720,731$7,349,731$7,241,231$8,098,740
36$8,480,432$7,682,055$7,455,999$8,690,789
37$9,316,748$8,029,786$7,677,086$9,331,911
38$10,237,463$8,393,653$7,904,676$10,029,561
39$11,251,160$8,774,418$8,138,958$10,789,168
40$12,367,292$9,172,878$8,380,127$11,616,698
41$13,596,277$9,589,871$8,628,383$12,518,715
42$14,949,597$10,026,273$8,883,933$13,502,433
43$16,439,899$10,483,004$9,146,988$14,575,791
44$18,081,124$10,961,027$9,417,767$15,747,518
45$19,888,631$11,461,349$9,696,494$17,027,219
46$21,879,345$11,985,029$9,983,401$18,425,460
47$24,071,918$12,533,175$10,278,724$19,953,866
48$26,486,900$13,106,948$10,582,709$21,625,230
49$29,146,940$13,707,564$10,895,606$23,453,629
50$32,076,993$14,336,300$11,217,673$25,454,556
51$35,304,559$14,994,491$11,549,178$27,645,060
52$38,859,941$15,683,538$11,890,392$30,043,910
53$42,776,533$16,404,910$12,241,599$32,671,764
54$47,091,134$17,160,144$12,603,086$35,551,361
55$51,844,292$17,950,854$12,975,152$38,707,736
56$57,080,693$18,778,730$13,358,104$42,168,450
57$62,849,579$19,645,542$13,752,255$45,963,847
58$69,205,210$20,553,148$14,157,929$50,127,336
59$76,207,382$21,503,493$14,575,461$54,695,706
60$83,921,988$22,498,617$15,005,191$59,709,464
61$92,421,639$23,540,657$15,447,474$65,213,216
62$101,786,352$24,631,856$15,902,671$71,256,082
63$112,104,304$25,774,561$16,371,154$77,892,159
64$123,472,664$26,971,234$16,853,308$85,181,021
65$135,998,507$28,224,457$17,349,526$93,188,282
66$149,799,834$29,536,934$17,860,214$101,986,203
67$165,006,674$30,911,501$18,385,788$111,654,376
68$181,762,320$32,351,130$18,926,678$122,280,466
69$200,224,679$33,858,938$19,483,323$133,961,032
70$220,567,761$35,438,190$20,056,179$146,802,432
71$242,983,322$37,092,311$20,645,710$160,921,823
72$267,682,676$38,824,889$21,252,397$176,448,257
73$294,898,688$40,639,688$21,876,732$193,523,894
74$324,887,974$42,540,652$22,519,222$212,305,335
75$357,933,320$44,531,917$23,180,388$232,965,093
76$394,346,354$46,617,817$23,860,767$255,693,216
77$434,470,489$48,802,896$24,560,909$280,699,066
78$478,684,161$51,091,920$25,281,382$308,213,292
79$527,404,404$53,489,883$26,022,767$338,489,998
80$581,090,788$56,002,022$26,785,664$371,809,127
81$640,249,753$58,633,826$27,570,689$408,479,099
82$705,439,396$61,391,052$28,378,475$448,839,708
83$777,274,734$64,279,733$29,209,673$493,265,321
84$856,433,512$67,306,195$30,064,953$542,168,397
85$943,662,604$70,477,072$30,945,002$596,003,374
86$1,039,785,059$73,799,318$31,850,529$655,270,941
87$1,145,707,873$77,280,222$32,782,260$720,522,753
88$1,262,430,553$80,927,431$33,740,943$792,366,626
89$1,391,054,552$84,748,957$34,727,347$871,472,259
90$1,532,793,666$88,753,206$35,742,263$958,577,540
91$1,688,985,493$92,948,986$36,786,501$1,054,495,500
92$1,861,104,063$97,345,535$37,860,899$1,160,121,967
93$2,050,773,751$101,952,541$38,966,313$1,276,444,008
94$2,259,784,616$106,780,157$40,103,626$1,404,549,226
95$2,490,109,294$111,839,033$41,273,746$1,545,636,015
96$2,743,921,630$117,140,333$42,477,603$1,701,024,845
97$3,023,617,191$122,695,764$43,716,158$1,872,170,715
98$3,331,835,889$128,517,601$44,990,394$2,060,676,860
99$3,671,486,902$134,618,716$46,301,324$2,268,309,868
100$4,045,776,136$141,012,603$47,649,989$2,497,016,334