Can I retire at age 35 with 9,700,000?

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 $9,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$801,017$793,882$786,921$780,126$773,492$750,838
2 years$396,543$389,158$382,000$375,061$368,329$345,690
3 years$261,736$254,319$247,180$240,305$233,683$211,767
4 years$194,346$186,951$179,883$173,126$166,665$145,640
5 years$153,922$146,572$139,597$132,978$126,696$106,620
6 years$126,982$119,687$112,815$106,343$100,250$81,142
7 years$107,746$100,513$93,750$87,431$81,530$63,389
8 years$93,326$86,158$79,507$73,343$67,637$50,452
9 years$82,117$75,016$68,480$62,472$56,960$40,713
10 years$73,154$66,123$59,702$53,852$48,533$33,202
11 years$65,826$58,866$52,561$46,867$41,740$27,299
12 years$59,723$52,835$46,646$41,109$36,171$22,592
13 years$54,564$47,747$41,675$36,293$31,542$18,794
14 years$50,145$43,401$37,446$32,217$27,649$15,701
15 years$46,319$39,647$33,808$28,732$24,345$13,162
16 years$42,975$36,376$30,652$25,726$21,516$11,065
17 years$40,027$33,501$27,892$23,115$19,078$9,323
18 years$37,409$30,956$25,462$20,831$16,963$7,872
19 years$35,070$28,690$23,309$18,823$15,119$6,657
20 years$32,967$26,660$21,392$17,047$13,505$5,637
21 years$31,067$24,833$19,677$15,472$12,085$4,779
22 years$29,342$23,180$18,135$14,067$10,833$4,056
23 years$27,770$21,680$16,744$12,811$9,724$3,445
24 years$26,330$20,313$15,486$11,685$8,740$2,928
25 years$25,008$19,063$14,343$10,671$7,865$2,490
26 years$23,790$17,916$13,302$9,757$7,084$2,118
27 years$22,663$16,861$12,352$8,931$6,387$1,803
28 years$21,619$15,888$11,483$8,183$5,763$1,535
29 years$20,649$14,988$10,686$7,504$5,204$1,308
30 years$19,745$14,155$9,954$6,887$4,702$1,114
31 years$18,901$13,381$9,280$6,325$4,251$950
32 years$18,111$12,661$8,658$5,813$3,846$809
33 years$17,371$11,990$8,084$5,345$3,480$690
34 years$16,676$11,364$7,553$4,918$3,151$588
35 years$16,022$10,779$7,062$4,527$2,854$502
36 years$15,406$10,231$6,606$4,170$2,586$428
37 years$14,824$9,717$6,183$3,842$2,344$365
38 years$14,275$9,234$5,790$3,541$2,125$311
39 years$13,754$8,781$5,425$3,265$1,927$265
40 years$13,261$8,354$5,085$3,011$1,748$226
41 years$12,794$7,953$4,768$2,778$1,586$193
42 years$12,350$7,574$4,472$2,564$1,439$165
43 years$11,927$7,216$4,197$2,367$1,306$140
44 years$11,525$6,879$3,939$2,186$1,185$120
45 years$11,142$6,559$3,699$2,018$1,076$102
46 years$10,776$6,257$3,474$1,864$977$87
47 years$10,428$5,971$3,264$1,723$887$74
48 years$10,094$5,701$3,067$1,592$806$63
49 years$9,776$5,444$2,883$1,471$732$54
50 years$9,471$5,200$2,710$1,360$665$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $9,700,000, adding $4,514 every year, while hoping to spend $41,275 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: 37/49/14 Blend
34$9,700,000$9,700,000$9,700,000$9,700,000
35$10,694,056$10,179,956$10,029,606$11,043,868
36$11,740,934$10,634,858$10,321,682$11,750,033
37$12,893,209$11,110,666$10,622,158$12,508,000
38$14,161,590$11,608,362$10,931,274$13,325,812
39$15,557,874$12,128,973$11,249,273$14,208,841
40$17,095,060$12,673,576$11,576,407$15,162,978
41$18,787,473$13,243,299$11,912,934$16,194,682
42$20,650,898$13,839,322$12,259,119$17,311,034
43$22,702,725$14,462,885$12,615,235$18,519,800
44$24,962,119$15,115,283$12,981,562$19,829,503
45$27,450,199$15,797,875$13,358,388$21,249,493
46$30,190,234$16,512,086$13,746,009$22,790,033
47$33,207,867$17,259,407$14,144,729$24,462,389
48$36,531,352$18,041,401$14,554,861$26,278,930
49$40,191,826$18,859,705$14,976,724$28,253,241
50$44,223,598$19,716,036$15,410,650$30,400,241
51$48,664,475$20,612,192$15,856,977$32,736,318
52$53,556,118$21,550,057$16,316,053$35,279,478
53$58,944,437$22,531,604$16,788,235$38,049,508
54$64,880,021$23,558,904$17,273,892$41,068,151
55$71,418,617$24,634,124$17,773,401$44,359,306
56$78,621,655$25,759,536$18,287,150$47,949,246
57$86,556,832$26,937,521$18,815,537$51,866,854
58$95,298,743$28,170,574$19,358,972$56,143,888
59$104,929,592$29,461,309$19,917,875$60,815,271
60$115,539,965$30,812,467$20,492,678$65,919,409
61$127,229,683$32,226,920$21,083,825$71,498,544
62$140,108,749$33,707,678$21,691,771$77,599,142
63$154,298,382$35,257,894$22,316,986$84,272,318
64$169,932,161$36,880,875$22,959,949$91,574,306
65$187,157,288$38,580,085$23,621,154$99,566,979
66$206,135,978$40,359,156$24,301,110$108,318,420
67$227,046,988$42,221,894$25,000,336$117,903,544
68$250,087,301$44,172,288$25,719,369$128,404,801
69$275,473,995$46,214,519$26,458,756$139,912,929
70$303,446,282$48,352,970$27,219,064$152,527,799
71$334,267,771$50,592,234$28,000,871$166,359,341
72$368,228,956$52,937,126$28,804,773$181,528,561
73$405,649,957$55,392,692$29,631,380$198,168,668
74$446,883,542$57,964,224$30,481,321$216,426,310
75$492,318,458$60,657,265$31,355,239$236,462,938
76$542,383,097$63,477,628$32,253,797$258,456,310
77$597,549,547$66,431,405$33,177,673$282,602,143
78$658,338,041$69,524,984$34,127,565$309,115,942
79$725,321,872$72,765,060$35,104,189$338,235,006
80$799,132,805$76,158,649$36,108,281$370,220,645
81$880,467,038$79,713,110$37,140,596$405,360,619
82$970,091,777$83,436,154$38,201,907$443,971,824
83$1,068,852,479$87,335,865$39,293,011$486,403,258
84$1,177,680,829$91,420,720$40,414,724$533,039,281
85$1,297,603,541$95,699,603$41,567,885$584,303,215
86$1,429,752,046$100,181,828$42,753,353$640,661,300
87$1,575,373,177$104,877,159$43,972,013$702,627,069
88$1,735,840,936$109,795,834$45,224,770$770,766,149
89$1,912,669,466$114,948,585$46,512,554$845,701,570
90$2,107,527,348$120,346,662$47,836,321$928,119,600
91$2,322,253,350$126,001,861$49,197,051$1,018,776,183
92$2,558,873,788$131,926,549$50,595,748$1,118,504,033
93$2,819,621,655$138,133,690$52,033,446$1,228,220,443
94$3,106,957,701$144,636,878$53,511,203$1,348,935,901
95$3,423,593,664$151,450,362$55,030,106$1,481,763,573
96$3,772,517,873$158,589,086$56,591,270$1,627,929,763
97$4,157,023,457$166,068,712$58,195,839$1,788,785,429
98$4,580,739,437$173,905,667$59,844,988$1,965,818,881
99$5,047,664,985$182,117,169$61,539,919$2,160,669,766
100$5,562,207,177$190,721,274$63,281,870$2,375,144,486