Can I retire at age 35 with 7,100,000?

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$586,311$581,089$575,993$571,020$566,164$558,626
2 years$290,253$284,847$279,608$274,529$269,602$262,020
3 years$191,580$186,151$180,925$175,893$171,047$163,656
4 years$142,253$136,841$131,667$126,721$121,992$114,849
5 years$112,665$107,285$102,179$97,334$92,736$85,863
6 years$92,945$87,606$82,576$77,839$73,379$66,783
7 years$78,866$73,571$68,621$63,996$59,677$53,360
8 years$68,311$63,064$58,196$53,684$49,508$43,470
9 years$60,106$54,909$50,124$45,727$41,693$35,931
10 years$53,546$48,399$43,699$39,417$35,524$30,035
11 years$48,182$43,087$38,472$34,305$30,552$25,329
12 years$43,715$38,673$34,143$30,090$26,476$21,514
13 years$39,939$34,949$30,505$26,565$23,087$18,380
14 years$36,704$31,768$27,409$23,581$20,238$15,778
15 years$33,904$29,020$24,746$21,030$17,819$13,599
16 years$31,456$26,625$22,436$18,830$15,749$11,760
17 years$29,298$24,521$20,416$16,919$13,964$10,199
18 years$27,382$22,659$18,637$15,247$12,416$8,867
19 years$25,670$21,000$17,061$13,777$11,067$7,725
20 years$24,131$19,514$15,658$12,478$9,885$6,742
21 years$22,740$18,177$14,402$11,325$8,846$5,893
22 years$21,477$16,967$13,274$10,297$7,929$5,157
23 years$20,326$15,869$12,256$9,377$7,118$4,519
24 years$19,273$14,868$11,335$8,553$6,398$3,964
25 years$18,305$13,953$10,498$7,811$5,757$3,480
26 years$17,413$13,114$9,737$7,142$5,186$3,057
27 years$16,589$12,341$9,041$6,537$4,675$2,688
28 years$15,824$11,629$8,405$5,989$4,218$2,364
29 years$15,114$10,971$7,822$5,492$3,809$2,081
30 years$14,453$10,361$7,286$5,041$3,442$1,832
31 years$13,835$9,794$6,792$4,629$3,112$1,614
32 years$13,257$9,268$6,337$4,255$2,815$1,422
33 years$12,715$8,777$5,917$3,912$2,547$1,253
34 years$12,206$8,318$5,529$3,600$2,306$1,105
35 years$11,728$7,890$5,169$3,314$2,089$974
36 years$11,276$7,488$4,835$3,052$1,893$860
37 years$10,851$7,112$4,526$2,812$1,715$758
38 years$10,448$6,759$4,238$2,592$1,555$669
39 years$10,068$6,427$3,971$2,390$1,410$590
40 years$9,707$6,115$3,722$2,204$1,279$521
41 years$9,364$5,821$3,490$2,034$1,161$460
42 years$9,039$5,544$3,274$1,877$1,053$406
43 years$8,730$5,282$3,072$1,733$956$358
44 years$8,436$5,035$2,883$1,600$867$316
45 years$8,155$4,801$2,707$1,477$788$279
46 years$7,888$4,580$2,543$1,365$715$247
47 years$7,633$4,371$2,389$1,261$649$218
48 years$7,389$4,173$2,245$1,165$590$192
49 years$7,155$3,985$2,110$1,077$536$170
50 years$6,932$3,806$1,984$995$486$150

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,100,000, adding $5,013 every year, while hoping to spend $43,666 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: 56/33/11 Blend
34$7,100,000$7,100,000$7,100,000$7,100,000
35$7,829,371$7,453,071$7,343,021$8,246,084
36$8,581,506$7,771,811$7,542,552$8,847,238
37$9,408,896$8,104,706$7,747,304$9,496,465
38$10,319,170$8,452,403$7,957,405$10,202,578
39$11,320,735$8,815,580$8,172,987$10,971,013
40$12,422,853$9,194,947$8,394,186$11,807,748
41$13,635,731$9,591,246$8,621,137$12,719,354
42$14,970,613$10,005,255$8,853,983$13,713,056
43$16,439,890$10,437,787$9,092,866$14,796,800
44$18,057,215$10,889,695$9,337,933$15,979,321
45$19,837,632$11,361,870$9,589,335$17,270,229
46$21,797,716$11,855,248$9,847,223$18,680,096
47$23,955,734$12,370,805$10,111,756$20,220,549
48$26,331,810$12,909,567$10,383,091$21,904,382
49$28,948,124$13,472,604$10,661,393$23,745,670
50$31,829,110$14,061,040$10,946,828$25,759,902
51$35,001,699$14,676,050$11,239,566$27,964,121
52$38,495,560$15,318,865$11,539,780$30,377,086
53$42,343,392$15,990,774$11,847,647$33,019,439
54$46,581,224$16,693,127$12,163,349$35,913,905
55$51,248,756$17,427,338$12,487,069$39,085,493
56$56,389,739$18,194,887$12,818,995$42,561,737
57$62,052,380$18,997,324$13,159,319$46,372,945
58$68,289,804$19,836,274$13,508,238$50,552,486
59$75,160,549$20,713,437$13,865,949$55,137,098
60$82,729,124$21,630,595$14,232,657$60,167,228
61$91,066,613$22,589,612$14,608,570$65,687,415
62$100,251,348$23,592,443$14,993,897$71,746,699
63$110,369,649$24,641,136$15,388,855$78,399,084
64$121,516,634$25,737,833$15,793,663$85,704,036
65$133,797,125$26,884,780$16,208,545$93,727,045
66$147,326,628$28,084,331$16,633,728$102,540,235
67$162,232,429$29,338,949$17,069,443$112,223,034
68$178,654,795$30,651,215$17,515,927$122,862,924
69$196,748,293$32,023,834$17,973,420$134,556,258
70$216,683,256$33,459,639$18,442,167$147,409,158
71$238,647,384$34,961,597$18,922,415$161,538,514
72$262,847,520$36,532,818$19,414,419$177,073,078
73$289,511,600$38,176,559$19,918,435$194,154,672
74$318,890,806$39,896,233$20,434,725$212,939,516
75$351,261,934$41,695,415$20,963,554$233,599,696
76$386,930,013$43,577,851$21,505,194$256,324,777
77$426,231,175$45,547,466$22,059,919$281,323,586
78$469,535,836$47,608,374$22,628,008$308,826,167
79$517,252,188$49,764,881$23,209,743$339,085,950
80$569,830,055$52,021,504$23,805,414$372,382,125
81$627,765,136$54,382,973$24,415,310$409,022,269
82$691,603,687$56,854,245$25,039,730$449,345,237
83$761,947,674$59,440,515$25,678,972$493,724,349
84$839,460,461$62,147,224$26,333,342$542,570,898
85$924,873,067$64,980,078$27,003,148$596,338,020
86$1,018,991,070$67,945,051$27,688,703$655,524,959
87$1,122,702,209$71,048,409$28,390,325$720,681,761
88$1,236,984,767$74,296,713$29,108,333$792,414,454
89$1,362,916,804$77,696,843$29,843,053$871,390,747
90$1,501,686,336$81,256,006$30,594,813$958,346,323
91$1,654,602,548$84,981,756$31,363,946$1,054,091,759
92$1,823,108,157$88,882,011$32,150,787$1,159,520,164
93$2,008,793,027$92,965,068$32,955,676$1,275,615,586
94$2,213,409,180$97,239,620$33,778,955$1,403,462,283
95$2,438,887,338$101,714,783$34,620,972$1,544,254,936
96$2,687,355,146$106,400,107$35,482,074$1,699,309,905
97$2,961,157,261$111,305,603$36,362,614$1,870,077,630
98$3,262,877,487$116,441,762$37,262,946$2,058,156,301
99$3,595,363,164$121,819,583$38,183,429$2,265,306,918
100$3,961,752,054$127,450,590$39,124,421$2,493,469,888