Can I retire at age 35 with 7,200,000?

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 $7,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$594,569$589,273$584,106$579,063$574,138$565,325
2 years$294,341$288,859$283,547$278,396$273,399$264,541
3 years$194,278$188,773$183,473$178,371$173,456$164,829
4 years$144,257$138,768$133,522$128,506$123,710$115,381
5 years$114,251$108,796$103,618$98,705$94,042$86,035
6 years$94,255$88,840$83,739$78,935$74,413$66,736
7 years$79,977$74,608$69,587$64,897$60,517$53,174
8 years$69,273$63,953$59,016$54,440$50,205$43,194
9 years$60,953$55,682$50,830$46,371$42,280$35,597
10 years$54,300$49,081$44,315$39,972$36,025$29,665
11 years$48,860$43,694$39,014$34,788$30,982$24,940
12 years$44,331$39,217$34,624$30,514$26,849$21,115
13 years$40,501$35,441$30,934$26,939$23,413$17,980
14 years$37,221$32,215$27,795$23,913$20,523$15,384
15 years$34,381$29,429$25,095$21,327$18,070$13,214
16 years$31,899$27,000$22,752$19,096$15,971$11,387
17 years$29,711$24,866$20,704$17,157$14,161$9,841
18 years$27,768$22,978$18,900$15,462$12,591$8,525
19 years$26,031$21,296$17,302$13,971$11,223$7,399
20 years$24,471$19,789$15,879$12,654$10,024$6,434
21 years$23,060$18,433$14,605$11,484$8,971$5,602
22 years$21,780$17,206$13,461$10,442$8,041$4,885
23 years$20,613$16,092$12,429$9,509$7,218$4,264
24 years$19,544$15,078$11,495$8,673$6,488$3,725
25 years$18,563$14,150$10,646$7,921$5,838$3,258
26 years$17,658$13,298$9,874$7,242$5,259$2,851
27 years$16,822$12,515$9,169$6,629$4,741$2,496
28 years$16,047$11,793$8,524$6,074$4,278$2,187
29 years$15,327$11,125$7,932$5,570$3,863$1,917
30 years$14,656$10,507$7,388$5,112$3,490$1,681
31 years$14,030$9,932$6,888$4,695$3,156$1,474
32 years$13,444$9,398$6,427$4,314$2,854$1,294
33 years$12,894$8,900$6,000$3,968$2,583$1,136
34 years$12,378$8,435$5,606$3,650$2,339$997
35 years$11,893$8,001$5,242$3,360$2,118$876
36 years$11,435$7,594$4,903$3,095$1,919$769
37 years$11,004$7,212$4,590$2,852$1,740$676
38 years$10,596$6,854$4,298$2,628$1,577$594
39 years$10,209$6,518$4,027$2,423$1,430$522
40 years$9,844$6,201$3,774$2,235$1,297$458
41 years$9,496$5,903$3,539$2,062$1,177$403
42 years$9,167$5,622$3,320$1,903$1,068$354
43 years$8,853$5,356$3,115$1,757$969$311
44 years$8,555$5,106$2,924$1,622$880$274
45 years$8,270$4,869$2,746$1,498$799$241
46 years$7,999$4,645$2,579$1,384$725$211
47 years$7,740$4,432$2,423$1,279$658$186
48 years$7,493$4,231$2,277$1,181$598$163
49 years$7,256$4,041$2,140$1,092$543$144
50 years$7,030$3,860$2,012$1,009$493$126

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,200,000, adding $3,272 every year, while hoping to spend $47,901 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: 35/41/24 Blend
34$7,200,000$7,200,000$7,200,000$7,200,000
35$7,937,775$7,556,175$7,444,575$8,157,772
36$8,696,462$7,875,461$7,643,002$8,640,406
37$9,530,929$8,208,787$7,846,471$9,156,191
38$10,448,856$8,556,790$8,055,100$9,711,762
39$11,458,704$8,920,137$8,269,010$10,310,699
40$12,569,794$9,299,526$8,488,324$10,956,929
41$13,792,397$9,695,687$8,713,167$11,654,758
42$15,137,832$10,109,386$8,943,668$12,408,913
43$16,618,566$10,541,422$9,179,957$13,224,580
44$18,248,342$10,992,633$9,422,167$14,107,450
45$20,042,296$11,463,896$9,670,434$15,063,775
46$22,017,112$11,956,128$9,924,895$16,100,418
47$24,191,170$12,470,290$10,185,691$17,224,916
48$26,584,723$13,007,389$10,452,966$18,445,549
49$29,220,090$13,568,476$10,726,865$19,771,415
50$32,121,861$14,154,653$11,007,537$21,212,508
51$35,317,135$14,767,075$11,295,133$22,779,815
52$38,835,770$15,406,949$11,589,808$24,485,411
53$42,710,669$16,075,540$11,891,717$26,342,567
54$46,978,088$16,774,172$12,201,020$28,365,878
55$51,677,977$17,504,231$12,517,879$30,571,390
56$56,854,362$18,267,169$12,842,458$32,976,747
57$62,555,752$19,064,506$13,174,926$35,601,355
58$68,835,605$19,897,833$13,515,452$38,466,561
59$75,752,827$20,768,817$13,864,210$41,595,843
60$83,372,329$21,679,202$14,221,375$45,015,033
61$91,765,640$22,630,817$14,587,125$48,752,550
62$101,011,584$23,625,576$14,961,642$52,839,664
63$111,197,018$24,665,481$15,345,109$57,310,783
64$122,417,657$25,752,633$15,737,713$62,203,775
65$134,778,975$26,889,229$16,139,644$67,560,313
66$148,397,202$28,077,573$16,551,093$73,426,266
67$163,400,416$29,320,074$16,972,255$79,852,118
68$179,929,760$30,619,259$17,403,327$86,893,443
69$198,140,766$31,977,773$17,844,509$94,611,419
70$218,204,826$33,398,386$18,296,002$103,073,392
71$240,310,813$34,884,001$18,758,012$112,353,510
72$264,666,856$36,437,658$19,230,746$122,533,409
73$291,502,313$38,062,540$19,714,414$133,702,972
74$321,069,928$39,761,984$20,209,226$145,961,171
75$353,648,224$41,539,484$20,715,398$159,416,988
76$389,544,124$43,398,700$21,233,145$174,190,433
77$429,095,855$45,343,467$21,762,685$190,413,661
78$472,676,136$47,377,801$22,304,240$208,232,216
79$520,695,701$49,505,912$22,858,030$227,806,380
80$573,607,168$51,732,208$23,424,280$249,312,682
81$631,909,322$54,061,308$24,003,216$272,945,546
82$696,151,813$56,498,052$24,595,064$298,919,110
83$766,940,352$59,047,511$25,200,053$327,469,234
84$844,942,425$61,714,996$25,818,412$358,855,710
85$930,893,595$64,506,074$26,450,372$393,364,697
86$1,025,604,447$67,426,577$27,096,164$431,311,402
87$1,129,968,236$70,482,615$27,756,021$473,043,041
88$1,244,969,324$73,680,591$28,430,176$518,942,094
89$1,371,692,470$77,027,214$29,118,861$569,429,896
90$1,511,333,069$80,529,515$29,822,310$624,970,593
91$1,665,208,440$84,194,859$30,540,756$686,075,502
92$1,834,770,260$88,030,966$31,274,430$753,307,912
93$2,021,618,268$92,045,925$32,023,565$827,288,380
94$2,227,515,368$96,248,212$32,788,391$908,700,561
95$2,454,404,272$100,646,711$33,569,139$998,297,637
96$2,704,425,837$105,250,730$34,366,035$1,096,909,398
97$2,979,939,281$110,070,024$35,179,305$1,205,450,046
98$3,283,544,449$115,114,816$36,009,173$1,324,926,794
99$3,618,106,362$120,395,821$36,855,860$1,456,449,345
100$3,986,782,262$125,924,268$37,719,582$1,601,240,330