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

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 $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%19.5%
1 years$578,053$572,904$567,881$562,978$558,190$536,891
2 years$286,165$280,836$275,670$270,662$265,805$244,597
3 years$188,882$183,529$178,377$173,416$168,637$148,189
4 years$140,249$134,913$129,813$124,936$120,274$100,739
5 years$111,078$105,774$100,740$95,963$91,430$72,860
6 years$91,636$86,372$81,413$76,743$72,346$54,753
7 years$77,755$72,535$67,655$63,094$58,836$42,216
8 years$67,349$62,176$57,376$52,928$48,810$33,146
9 years$59,259$54,135$49,418$45,083$41,105$26,375
10 years$52,792$47,718$43,084$38,862$35,024$21,199
11 years$47,503$42,480$37,930$33,822$30,122$17,173
12 years$43,099$38,128$33,662$29,666$26,103$13,996
13 years$39,376$34,457$30,075$26,191$22,762$11,462
14 years$36,187$31,320$27,023$23,249$19,953$9,423
15 years$33,426$28,611$24,398$20,734$17,568$7,771
16 years$31,013$26,250$22,120$18,565$15,527$6,425
17 years$28,885$24,176$20,128$16,681$13,767$5,324
18 years$26,996$22,339$18,375$15,033$12,241$4,418
19 years$25,308$20,704$16,821$13,583$10,911$3,672
20 years$23,791$19,239$15,438$12,302$9,746$3,055
21 years$22,420$17,921$14,200$11,165$8,721$2,545
22 years$21,175$16,728$13,087$10,152$7,817$2,121
23 years$20,040$15,645$12,084$9,245$7,017$1,769
24 years$19,001$14,659$11,175$8,432$6,307$1,476
25 years$18,047$13,757$10,351$7,701$5,676$1,233
26 years$17,168$12,929$9,600$7,041$5,112$1,029
27 years$16,355$12,168$8,914$6,445$4,609$860
28 years$15,601$11,466$8,287$5,905$4,159$719
29 years$14,901$10,816$7,712$5,415$3,756$601
30 years$14,249$10,215$7,183$4,970$3,393$502
31 years$13,640$9,657$6,697$4,564$3,068$420
32 years$13,070$9,137$6,248$4,195$2,775$351
33 years$12,536$8,653$5,834$3,857$2,512$294
34 years$12,034$8,201$5,451$3,549$2,274$246
35 years$11,562$7,779$5,096$3,267$2,060$206
36 years$11,118$7,383$4,767$3,009$1,866$172
37 years$10,698$7,012$4,462$2,772$1,691$144
38 years$10,301$6,664$4,179$2,555$1,533$120
39 years$9,926$6,337$3,915$2,356$1,390$101
40 years$9,570$6,029$3,669$2,173$1,261$84
41 years$9,233$5,739$3,441$2,005$1,144$70
42 years$8,912$5,466$3,228$1,850$1,038$59
43 years$8,607$5,208$3,029$1,708$942$49
44 years$8,317$4,964$2,843$1,577$855$41
45 years$8,041$4,734$2,669$1,457$776$35
46 years$7,777$4,516$2,507$1,345$705$29
47 years$7,525$4,309$2,355$1,243$640$24
48 years$7,285$4,114$2,213$1,149$581$20
49 years$7,055$3,928$2,080$1,062$528$17
50 years$6,834$3,753$1,956$981$480$14

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 $2,566 every year, while hoping to spend $41,850 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: 51/34/15 Blend
34$7,000,000$7,000,000$7,000,000$7,000,000
35$7,716,647$7,345,647$7,237,147$8,078,552
36$8,459,217$7,661,055$7,435,063$8,642,544
37$9,276,126$7,990,516$7,638,207$9,250,764
38$10,174,913$8,334,674$7,846,709$9,911,078
39$11,163,885$8,694,203$8,060,704$10,628,414
40$12,252,192$9,069,810$8,280,329$11,408,189
41$13,449,918$9,462,233$8,505,722$12,256,355
42$14,768,174$9,872,248$8,737,029$13,179,456
43$16,219,204$10,300,663$8,974,395$14,184,685
44$17,816,495$10,748,328$9,217,970$15,279,947
45$19,574,913$11,216,132$9,467,907$16,473,939
46$21,510,834$11,705,003$9,724,362$17,776,220
47$23,642,308$12,215,916$9,987,497$19,197,306
48$25,989,218$12,749,891$10,257,473$20,748,763
49$28,573,479$13,307,996$10,534,458$22,443,312
50$31,419,234$13,891,349$10,818,624$24,294,950
51$34,553,092$14,501,121$11,110,143$26,319,074
52$38,004,370$15,138,538$11,409,195$28,532,628
53$41,805,374$15,804,884$11,715,962$30,954,254
54$45,991,704$16,501,506$12,030,629$33,604,468
55$50,602,589$17,229,810$12,353,385$36,505,851
56$55,681,255$17,991,273$12,684,426$39,683,252
57$61,275,337$18,787,440$13,023,948$43,164,026
58$67,437,325$19,619,928$13,372,155$46,978,280
59$74,225,061$20,490,433$13,729,251$51,159,162
60$81,702,284$21,400,731$14,095,447$55,743,157
61$89,939,230$22,352,681$14,470,958$60,770,440
62$99,013,300$23,348,230$14,856,003$66,285,237
63$109,009,783$24,389,420$15,250,806$72,336,247
64$120,022,667$25,478,387$15,655,594$78,977,091
65$132,155,523$26,617,372$16,070,600$86,266,811
66$145,522,481$27,808,719$16,496,061$94,270,426
67$160,249,314$29,054,885$16,932,218$103,059,535
68$176,474,614$30,358,445$17,379,318$112,712,989
69$194,351,111$31,722,095$17,837,611$123,317,623
70$214,047,108$33,148,661$18,307,354$134,969,075
71$235,748,070$34,641,103$18,788,808$147,772,678
72$259,658,377$36,202,521$19,282,237$161,844,444
73$286,003,252$37,836,164$19,787,912$177,312,154
74$315,030,885$39,545,438$20,306,108$194,316,553
75$347,014,778$41,333,907$20,837,106$213,012,670
76$382,256,327$43,205,310$21,381,191$233,571,273
77$421,087,664$45,163,563$21,938,652$256,180,470
78$463,874,796$47,212,767$22,509,787$281,047,471
79$511,021,054$49,357,222$23,094,894$308,400,540
80$562,970,909$51,601,432$23,694,280$338,491,129
81$620,214,158$53,950,119$24,308,255$371,596,249
82$683,290,556$56,408,229$24,937,135$408,021,065
83$752,794,904$58,980,944$25,581,241$448,101,766
84$829,382,671$61,673,696$26,240,899$492,208,728
85$913,776,174$64,492,179$26,916,440$540,749,988
86$1,006,771,404$67,442,355$27,608,201$594,175,090
87$1,109,245,534$70,530,477$28,316,522$652,979,305
88$1,222,165,204$73,763,096$29,041,751$717,708,295
89$1,346,595,644$77,147,077$29,784,239$788,963,244
90$1,483,710,730$80,689,614$30,544,342$867,406,516
91$1,634,804,069$84,398,250$31,322,422$953,767,890
92$1,801,301,206$88,280,886$32,118,845$1,048,851,427
93$1,984,773,086$92,345,806$32,933,983$1,153,543,041
94$2,186,950,880$96,601,690$33,768,211$1,268,818,841
95$2,409,742,335$101,057,638$34,621,910$1,395,754,321
96$2,655,249,775$105,723,184$35,495,466$1,535,534,494
97$2,925,789,956$110,608,324$36,389,269$1,689,465,047
98$3,223,915,934$115,723,535$37,303,712$1,858,984,647
99$3,552,441,167$121,079,796$38,239,194$2,045,678,493
100$3,914,466,077$126,688,616$39,196,118$2,251,293,251