Can I retire at age 35 with 7,300,000?

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 $7,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$602,827$597,458$592,219$587,105$582,112$572,704
2 years$298,429$292,871$287,485$282,262$277,196$267,744
3 years$196,977$191,395$186,022$180,848$175,865$166,662
4 years$146,260$140,695$135,376$130,291$125,428$116,546
5 years$115,838$110,307$105,057$100,076$95,349$86,813
6 years$95,564$90,074$84,902$80,031$75,446$67,266
7 years$81,087$75,644$70,554$65,798$61,358$53,537
8 years$70,235$64,841$59,835$55,197$50,902$43,438
9 years$61,799$56,456$51,536$47,015$42,867$35,756
10 years$55,054$49,763$44,930$40,528$36,525$29,761
11 years$49,539$44,301$39,556$35,271$31,413$24,989
12 years$44,947$39,762$35,105$30,938$27,221$21,130
13 years$41,064$35,933$31,364$27,313$23,738$17,969
14 years$37,738$32,662$28,181$24,246$20,808$15,353
15 years$34,859$29,838$25,443$21,623$18,321$13,170
16 years$32,342$27,376$23,068$19,361$16,192$11,334
17 years$30,123$25,212$20,991$17,396$14,357$9,781
18 years$28,153$23,297$19,162$15,677$12,766$8,460
19 years$26,393$21,591$17,542$14,165$11,378$7,333
20 years$24,810$20,064$16,099$12,830$10,163$6,366
21 years$23,381$18,689$14,808$11,644$9,095$5,535
22 years$22,082$17,445$13,648$10,587$8,153$4,819
23 years$20,899$16,316$12,602$9,642$7,318$4,200
24 years$19,816$15,287$11,654$8,794$6,578$3,664
25 years$18,821$14,346$10,794$8,031$5,919$3,199
26 years$17,904$13,483$10,011$7,343$5,332$2,795
27 years$17,056$12,689$9,296$6,721$4,807$2,443
28 years$16,270$11,957$8,642$6,158$4,337$2,137
29 years$15,540$11,280$8,042$5,647$3,916$1,870
30 years$14,860$10,653$7,491$5,183$3,539$1,637
31 years$14,225$10,070$6,984$4,760$3,199$1,434
32 years$13,630$9,529$6,516$4,374$2,894$1,256
33 years$13,073$9,024$6,084$4,023$2,619$1,101
34 years$12,550$8,552$5,684$3,701$2,371$965
35 years$12,058$8,112$5,314$3,407$2,148$846
36 years$11,594$7,699$4,972$3,138$1,946$742
37 years$11,156$7,313$4,653$2,891$1,764$650
38 years$10,743$6,950$4,358$2,665$1,599$570
39 years$10,351$6,608$4,083$2,457$1,450$500
40 years$9,980$6,287$3,827$2,266$1,315$439
41 years$9,628$5,985$3,588$2,091$1,193$385
42 years$9,294$5,700$3,366$1,930$1,083$338
43 years$8,976$5,431$3,158$1,781$983$297
44 years$8,673$5,177$2,965$1,645$892$260
45 years$8,385$4,936$2,784$1,519$810$228
46 years$8,110$4,709$2,615$1,403$735$200
47 years$7,848$4,494$2,456$1,296$668$176
48 years$7,597$4,290$2,308$1,198$606$154
49 years$7,357$4,097$2,170$1,107$551$136
50 years$7,127$3,913$2,040$1,023$500$119

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,300,000, adding $4,575 every year, while hoping to spend $27,967 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: 76/15/9 Blend
34$7,300,000$7,300,000$7,300,000$7,300,000
35$8,049,319$7,662,419$7,549,269$8,648,928
36$8,840,593$8,008,121$7,772,413$9,389,817
37$9,711,639$8,369,825$8,002,095$10,197,697
38$10,670,566$8,748,285$8,238,504$11,082,442
39$11,726,305$9,144,293$8,481,836$12,051,678
40$12,888,702$9,558,677$8,732,290$13,113,798
41$14,168,601$9,992,304$8,990,074$14,278,041
42$15,577,956$10,446,084$9,255,399$15,554,582
43$17,129,936$10,920,971$9,528,483$16,954,619
44$18,839,053$11,417,962$9,809,551$18,490,487
45$20,721,299$11,938,104$10,098,833$20,175,763
46$22,794,294$12,482,495$10,396,568$22,025,401
47$25,077,458$13,052,282$10,702,998$24,055,867
48$27,592,185$13,648,671$11,018,375$26,285,293
49$30,362,055$14,272,922$11,342,957$28,733,651
50$33,413,048$14,926,359$11,677,010$31,422,933
51$36,773,796$15,610,368$12,020,807$34,377,361
52$40,475,847$16,326,401$12,374,629$37,623,612
53$44,553,969$17,075,979$12,738,763$41,191,072
54$49,046,470$17,860,699$13,113,509$45,112,104
55$53,995,569$18,682,232$13,499,170$49,422,358
56$59,447,786$19,542,330$13,896,061$54,161,100
57$65,454,386$20,442,830$14,304,505$59,371,586
58$72,071,862$21,385,657$14,724,834$65,101,463
59$79,362,465$22,372,828$15,157,390$71,403,218
60$87,394,798$23,406,457$15,602,523$78,334,671
61$96,244,455$24,488,761$16,060,596$85,959,517
62$105,994,741$25,622,063$16,531,978$94,347,927
63$116,737,458$26,808,797$17,017,052$103,577,203
64$128,573,766$28,051,516$17,516,211$113,732,509
65$141,615,144$29,352,894$18,029,858$124,907,669
66$155,984,438$30,715,735$18,558,408$137,206,049
67$171,817,024$32,142,979$19,102,287$150,741,531
68$189,262,082$33,637,706$19,661,935$165,639,582
69$208,484,007$35,203,147$20,237,803$182,038,437
70$229,663,960$36,842,685$20,830,353$200,090,398
71$253,001,577$38,559,870$21,440,064$219,963,267
72$278,716,856$40,358,422$22,067,424$241,841,928
73$307,052,231$42,242,240$22,712,938$265,930,084
74$338,274,861$44,215,413$23,377,124$292,452,179
75$372,679,154$46,282,224$24,060,514$321,655,508
76$410,589,542$48,447,168$24,763,656$353,812,549
77$452,363,549$50,714,953$25,487,112$389,223,528
78$498,395,162$53,090,516$26,231,461$428,219,249
79$549,118,551$55,579,034$26,997,298$471,164,207
80$605,012,169$58,185,932$27,785,233$518,460,028
81$666,603,267$60,916,900$28,595,895$570,549,248
82$734,472,872$63,777,900$29,429,930$627,919,489
83$809,261,273$66,775,185$30,288,001$691,108,050
84$891,674,065$69,915,311$31,170,790$760,706,976
85$982,488,808$73,205,150$32,079,000$837,368,638
86$1,082,562,370$76,651,906$33,013,350$921,811,880
87$1,192,839,016$80,263,134$33,974,582$1,014,828,801
88$1,314,359,321$84,046,753$34,963,456$1,117,292,220
89$1,448,269,996$88,011,068$35,980,756$1,230,163,911
90$1,595,834,709$92,164,784$37,027,285$1,354,503,666
91$1,758,446,020$96,517,028$38,103,869$1,491,479,295
92$1,937,638,524$101,077,373$39,211,359$1,642,377,637
93$2,135,103,340$105,855,851$40,350,626$1,808,616,700
94$2,352,704,076$110,862,983$41,522,568$1,991,759,032
95$2,592,494,424$116,109,801$42,728,106$2,193,526,462
96$2,856,737,545$121,607,871$43,968,187$2,415,816,342
97$3,147,927,438$127,369,320$45,243,785$2,660,719,444
98$3,468,812,484$133,406,864$46,555,899$2,930,539,688
99$3,822,421,393$139,733,836$47,905,557$3,227,815,872
100$4,212,091,797$146,364,216$49,293,814$3,555,345,629