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

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 $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%14.5%
1 years$801,017$793,882$786,921$780,126$773,492$759,117
2 years$396,543$389,158$382,000$375,061$368,329$353,901
3 years$261,736$254,319$247,180$240,305$233,683$219,650
4 years$194,346$186,951$179,883$173,126$166,665$153,136
5 years$153,922$146,572$139,597$132,978$126,696$113,709
6 years$126,982$119,687$112,815$106,343$100,250$87,821
7 years$107,746$100,513$93,750$87,431$81,530$69,661
8 years$93,326$86,158$79,507$73,343$67,637$56,325
9 years$82,117$75,016$68,480$62,472$56,960$46,198
10 years$73,154$66,123$59,702$53,852$48,533$38,312
11 years$65,826$58,866$52,561$46,867$41,740$32,047
12 years$59,723$52,835$46,646$41,109$36,171$26,994
13 years$54,564$47,747$41,675$36,293$31,542$22,865
14 years$50,145$43,401$37,446$32,217$27,649$19,458
15 years$46,319$39,647$33,808$28,732$24,345$16,622
16 years$42,975$36,376$30,652$25,726$21,516$14,244
17 years$40,027$33,501$27,892$23,115$19,078$12,240
18 years$37,409$30,956$25,462$20,831$16,963$10,541
19 years$35,070$28,690$23,309$18,823$15,119$9,096
20 years$32,967$26,660$21,392$17,047$13,505$7,862
21 years$31,067$24,833$19,677$15,472$12,085$6,805
22 years$29,342$23,180$18,135$14,067$10,833$5,897
23 years$27,770$21,680$16,744$12,811$9,724$5,115
24 years$26,330$20,313$15,486$11,685$8,740$4,441
25 years$25,008$19,063$14,343$10,671$7,865$3,859
26 years$23,790$17,916$13,302$9,757$7,084$3,356
27 years$22,663$16,861$12,352$8,931$6,387$2,919
28 years$21,619$15,888$11,483$8,183$5,763$2,541
29 years$20,649$14,988$10,686$7,504$5,204$2,213
30 years$19,745$14,155$9,954$6,887$4,702$1,928
31 years$18,901$13,381$9,280$6,325$4,251$1,680
32 years$18,111$12,661$8,658$5,813$3,846$1,464
33 years$17,371$11,990$8,084$5,345$3,480$1,277
34 years$16,676$11,364$7,553$4,918$3,151$1,113
35 years$16,022$10,779$7,062$4,527$2,854$971
36 years$15,406$10,231$6,606$4,170$2,586$847
37 years$14,824$9,717$6,183$3,842$2,344$739
38 years$14,275$9,234$5,790$3,541$2,125$645
39 years$13,754$8,781$5,425$3,265$1,927$563
40 years$13,261$8,354$5,085$3,011$1,748$491
41 years$12,794$7,953$4,768$2,778$1,586$429
42 years$12,350$7,574$4,472$2,564$1,439$374
43 years$11,927$7,216$4,197$2,367$1,306$327
44 years$11,525$6,879$3,939$2,186$1,185$285
45 years$11,142$6,559$3,699$2,018$1,076$249
46 years$10,776$6,257$3,474$1,864$977$218
47 years$10,428$5,971$3,264$1,723$887$190
48 years$10,094$5,701$3,067$1,592$806$166
49 years$9,776$5,444$2,883$1,471$732$145
50 years$9,471$5,200$2,710$1,360$665$126

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 $5,159 every year, while hoping to spend $29,532 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: 63/30/7 Blend
34$9,700,000$9,700,000$9,700,000$9,700,000
35$10,694,722$10,180,622$10,030,272$11,353,966
36$11,754,161$10,648,050$10,334,864$12,261,616
37$12,920,674$11,137,393$10,648,670$13,248,258
38$14,205,150$11,649,693$10,971,968$14,324,711
39$15,619,590$12,186,042$11,305,043$15,499,671
40$17,177,216$12,747,586$11,648,190$16,782,700
41$18,892,600$13,335,525$12,001,712$18,184,313
42$20,781,796$13,951,118$12,365,921$19,716,077
43$22,862,499$14,595,682$12,741,139$21,390,712
44$25,154,204$15,270,600$13,127,697$23,222,213
45$27,678,394$15,977,320$13,525,936$25,225,975
46$30,458,743$16,717,362$13,936,207$27,418,939
47$33,521,337$17,492,316$14,358,873$29,819,741
48$36,894,924$18,303,850$14,794,306$32,448,892
49$40,611,181$19,153,713$15,242,890$35,328,963
50$44,705,015$20,043,738$15,705,020$38,484,792
51$49,214,892$20,975,847$16,181,104$41,943,720
52$54,183,201$21,952,053$16,671,560$45,735,840
53$59,656,651$22,974,467$17,176,821$49,894,277
54$65,686,716$24,045,303$17,697,332$54,455,495
55$72,330,118$25,166,880$18,233,549$59,459,636
56$79,649,363$26,341,629$18,785,946$64,950,897
57$87,713,330$27,572,102$19,355,007$70,977,935
58$96,597,924$28,860,968$19,941,234$77,594,324
59$106,386,787$30,211,031$20,545,140$84,859,054
60$117,172,095$31,625,227$21,167,258$92,837,081
61$129,055,421$33,106,636$21,808,134$101,599,932
62$142,148,697$34,658,484$22,468,329$111,226,372
63$156,575,270$36,284,155$23,148,424$121,803,146
64$172,471,067$37,987,198$23,849,015$133,425,779
65$189,985,876$39,771,332$24,570,718$146,199,481
66$209,284,763$41,640,454$25,314,165$160,240,122
67$230,549,627$43,598,655$26,080,007$175,675,320
68$253,980,918$45,650,218$26,868,916$192,645,640
69$279,799,530$47,799,637$27,681,584$211,305,901
70$308,248,887$50,051,624$28,518,721$231,826,638
71$339,597,236$52,411,117$29,381,062$254,395,693
72$374,140,187$54,883,294$30,269,360$279,219,978
73$412,203,496$57,473,585$31,184,393$306,527,420
74$454,146,144$60,187,682$32,126,962$336,569,092
75$500,363,726$63,031,554$33,097,890$369,621,580
76$551,292,183$66,011,457$34,098,027$405,989,571
77$607,411,921$69,133,953$35,128,246$446,008,720
78$669,252,342$72,405,922$36,189,447$490,048,798
79$737,396,844$75,834,576$37,282,557$538,517,175
80$812,488,330$79,427,478$38,408,530$591,862,640
81$895,235,273$83,192,558$39,568,350$650,579,626
82$986,418,408$87,138,131$40,763,027$715,212,855
83$1,086,898,101$91,272,914$41,993,603$786,362,464
84$1,197,622,471$95,606,050$43,261,152$864,689,649
85$1,319,636,340$100,147,124$44,566,778$950,922,886
86$1,454,091,099$104,906,186$45,911,618$1,045,864,784
87$1,602,255,578$109,893,775$47,296,843$1,150,399,643
88$1,765,528,019$115,120,943$48,723,660$1,265,501,772
89$1,945,449,285$120,599,276$50,193,310$1,392,244,667
90$2,143,717,398$126,340,927$51,707,072$1,531,811,114
91$2,362,203,575$132,358,635$53,266,262$1,685,504,330
92$2,602,969,893$138,665,761$54,872,235$1,854,760,233
93$2,868,288,754$145,276,316$56,526,387$2,041,160,974
94$3,160,664,341$152,204,990$58,230,155$2,246,449,834
95$3,482,856,258$159,467,188$59,985,019$2,472,547,649
96$3,837,905,580$167,079,064$61,792,501$2,721,570,913
97$4,229,163,570$175,057,559$63,654,171$2,995,851,717
98$4,660,323,311$183,420,436$65,571,642$3,297,959,730
99$5,135,454,575$192,186,324$67,546,578$3,630,726,413
100$5,659,042,244$201,374,756$69,580,691$3,997,271,713