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%17.8%
1 years$801,017$793,882$786,921$780,126$773,492$749,032
2 years$396,543$389,158$382,000$375,061$368,329$343,908
3 years$261,736$254,319$247,180$240,305$233,683$210,067
4 years$194,346$186,951$179,883$173,126$166,665$144,034
5 years$153,922$146,572$139,597$132,978$126,696$105,112
6 years$126,982$119,687$112,815$106,343$100,250$79,731
7 years$107,746$100,513$93,750$87,431$81,530$62,074
8 years$93,326$86,158$79,507$73,343$67,637$49,231
9 years$82,117$75,016$68,480$62,472$56,960$39,584
10 years$73,154$66,123$59,702$53,852$48,533$32,160
11 years$65,826$58,866$52,561$46,867$41,740$26,340
12 years$59,723$52,835$46,646$41,109$36,171$21,712
13 years$54,564$47,747$41,675$36,293$31,542$17,989
14 years$50,145$43,401$37,446$32,217$27,649$14,965
15 years$46,319$39,647$33,808$28,732$24,345$12,492
16 years$42,975$36,376$30,652$25,726$21,516$10,456
17 years$40,027$33,501$27,892$23,115$19,078$8,773
18 years$37,409$30,956$25,462$20,831$16,963$7,374
19 years$35,070$28,690$23,309$18,823$15,119$6,208
20 years$32,967$26,660$21,392$17,047$13,505$5,233
21 years$31,067$24,833$19,677$15,472$12,085$4,416
22 years$29,342$23,180$18,135$14,067$10,833$3,730
23 years$27,770$21,680$16,744$12,811$9,724$3,153
24 years$26,330$20,313$15,486$11,685$8,740$2,667
25 years$25,008$19,063$14,343$10,671$7,865$2,257
26 years$23,790$17,916$13,302$9,757$7,084$1,911
27 years$22,663$16,861$12,352$8,931$6,387$1,619
28 years$21,619$15,888$11,483$8,183$5,763$1,372
29 years$20,649$14,988$10,686$7,504$5,204$1,163
30 years$19,745$14,155$9,954$6,887$4,702$986
31 years$18,901$13,381$9,280$6,325$4,251$836
32 years$18,111$12,661$8,658$5,813$3,846$709
33 years$17,371$11,990$8,084$5,345$3,480$601
34 years$16,676$11,364$7,553$4,918$3,151$510
35 years$16,022$10,779$7,062$4,527$2,854$433
36 years$15,406$10,231$6,606$4,170$2,586$367
37 years$14,824$9,717$6,183$3,842$2,344$312
38 years$14,275$9,234$5,790$3,541$2,125$264
39 years$13,754$8,781$5,425$3,265$1,927$224
40 years$13,261$8,354$5,085$3,011$1,748$190
41 years$12,794$7,953$4,768$2,778$1,586$162
42 years$12,350$7,574$4,472$2,564$1,439$137
43 years$11,927$7,216$4,197$2,367$1,306$116
44 years$11,525$6,879$3,939$2,186$1,185$99
45 years$11,142$6,559$3,699$2,018$1,076$84
46 years$10,776$6,257$3,474$1,864$977$71
47 years$10,428$5,971$3,264$1,723$887$60
48 years$10,094$5,701$3,067$1,592$806$51
49 years$9,776$5,444$2,883$1,471$732$44
50 years$9,471$5,200$2,710$1,360$665$37

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 $4,203 every year, while hoping to spend $52,345 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: 36/50/14 Blend
34$9,700,000$9,700,000$9,700,000$9,700,000
35$10,693,735$10,179,635$10,029,285$11,032,489
36$11,728,802$10,622,743$10,309,572$11,720,042
37$12,867,690$11,085,808$10,597,493$12,456,514
38$14,120,936$11,569,754$10,893,251$13,250,444
39$15,500,146$12,075,547$11,197,049$14,106,972
40$17,018,110$12,604,198$11,509,100$15,031,734
41$18,688,921$13,156,766$11,829,618$16,030,907
42$20,528,105$13,734,362$12,158,824$17,111,265
43$22,552,773$14,338,147$12,496,946$18,280,239
44$24,781,777$14,969,338$12,844,215$19,545,979
45$27,235,892$15,629,209$13,200,869$20,917,430
46$29,938,007$16,319,094$13,567,152$22,404,408
47$32,913,345$17,040,391$13,943,314$24,017,689
48$36,189,700$17,794,564$14,329,608$25,769,103
49$39,797,698$18,583,146$14,726,299$27,671,645
50$43,771,086$19,407,743$15,133,653$29,739,581
51$48,147,051$20,270,037$15,551,945$31,988,589
52$52,966,571$21,171,790$15,981,456$34,435,888
53$58,274,801$22,114,847$16,422,474$37,100,403
54$64,121,498$23,101,142$16,875,294$40,002,931
55$70,561,491$24,132,699$17,340,217$43,166,329
56$77,655,202$25,211,639$17,817,553$46,615,724
57$85,469,209$26,340,186$18,307,617$50,378,742
58$94,076,880$27,520,666$18,810,734$54,485,757
59$103,559,062$28,755,520$19,327,234$58,970,170
60$114,004,846$30,047,300$19,857,456$63,868,714
61$125,512,408$31,398,685$20,401,748$69,221,792
62$138,189,931$32,812,478$20,960,465$75,073,846
63$152,156,632$34,291,618$21,533,968$81,473,763
64$167,543,884$35,839,182$22,122,632$88,475,332
65$184,496,455$37,458,397$22,726,834$96,137,732
66$203,173,875$39,152,640$23,346,965$104,526,079
67$223,751,943$40,925,453$23,983,422$113,712,033
68$246,424,387$42,780,545$24,636,611$123,774,453
69$271,404,686$44,721,803$25,306,949$134,800,131
70$298,928,094$46,753,302$25,994,862$146,884,594
71$329,253,853$48,879,307$26,700,784$160,132,991
72$362,667,645$51,104,293$27,425,159$174,661,067
73$399,484,286$53,432,944$28,168,443$190,596,242
74$440,050,698$55,870,173$28,931,100$208,078,788
75$484,749,182$58,421,124$29,713,605$227,263,141
76$534,001,031$61,091,192$30,516,444$248,319,336
77$588,270,503$63,886,027$31,340,111$271,434,588
78$648,069,204$66,811,552$32,185,115$296,815,042
79$713,960,918$69,873,974$33,051,972$324,687,694
80$786,566,930$73,079,797$33,941,211$355,302,508
81$866,571,889$76,435,838$34,853,373$388,934,752
82$954,730,269$79,949,242$35,789,009$425,887,569
83$1,051,873,498$83,627,496$36,748,682$466,494,812
84$1,158,917,799$87,478,448$37,732,967$511,124,165
85$1,276,872,846$91,510,323$38,742,453$560,180,584
86$1,406,851,288$95,731,740$39,777,736$614,110,088
87$1,550,079,259$100,151,736$40,839,431$673,403,939
88$1,707,907,952$104,779,779$41,928,160$738,603,237
89$1,881,826,370$109,625,795$43,044,561$810,303,999
90$2,073,475,389$114,700,189$44,189,283$889,162,746
91$2,284,663,244$120,013,863$45,362,989$975,902,654
92$2,517,382,601$125,578,249$46,566,355$1,071,320,350
93$2,773,829,369$131,405,326$47,800,071$1,176,293,377
94$3,056,423,431$137,507,652$49,064,839$1,291,788,440
95$3,367,831,486$143,898,392$50,361,376$1,418,870,481
96$3,710,992,228$150,591,344$51,690,413$1,558,712,683
97$4,089,144,086$157,600,971$53,052,693$1,712,607,489
98$4,505,855,799$164,942,435$54,448,974$1,881,978,753
99$4,965,060,106$172,631,630$55,880,031$2,068,395,119
100$5,471,090,874$180,685,216$57,346,648$2,273,584,772