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%12.1%
1 years$801,017$793,882$786,921$780,126$773,492$766,691
2 years$396,543$389,158$382,000$375,061$368,329$361,476
3 years$261,736$254,319$247,180$240,305$233,683$226,990
4 years$194,346$186,951$179,883$173,126$166,665$160,183
5 years$153,922$146,572$139,597$132,978$126,696$120,445
6 years$126,982$119,687$112,815$106,343$100,250$94,238
7 years$107,746$100,513$93,750$87,431$81,530$75,759
8 years$93,326$86,158$79,507$73,343$67,637$62,107
9 years$82,117$75,016$68,480$62,472$56,960$51,669
10 years$73,154$66,123$59,702$53,852$48,533$43,478
11 years$65,826$58,866$52,561$46,867$41,740$36,918
12 years$59,723$52,835$46,646$41,109$36,171$31,577
13 years$54,564$47,747$41,675$36,293$31,542$27,170
14 years$50,145$43,401$37,446$32,217$27,649$23,495
15 years$46,319$39,647$33,808$28,732$24,345$20,401
16 years$42,975$36,376$30,652$25,726$21,516$17,777
17 years$40,027$33,501$27,892$23,115$19,078$15,537
18 years$37,409$30,956$25,462$20,831$16,963$13,614
19 years$35,070$28,690$23,309$18,823$15,119$11,955
20 years$32,967$26,660$21,392$17,047$13,505$10,518
21 years$31,067$24,833$19,677$15,472$12,085$9,269
22 years$29,342$23,180$18,135$14,067$10,833$8,181
23 years$27,770$21,680$16,744$12,811$9,724$7,229
24 years$26,330$20,313$15,486$11,685$8,740$6,395
25 years$25,008$19,063$14,343$10,671$7,865$5,662
26 years$23,790$17,916$13,302$9,757$7,084$5,018
27 years$22,663$16,861$12,352$8,931$6,387$4,450
28 years$21,619$15,888$11,483$8,183$5,763$3,950
29 years$20,649$14,988$10,686$7,504$5,204$3,507
30 years$19,745$14,155$9,954$6,887$4,702$3,116
31 years$18,901$13,381$9,280$6,325$4,251$2,770
32 years$18,111$12,661$8,658$5,813$3,846$2,463
33 years$17,371$11,990$8,084$5,345$3,480$2,191
34 years$16,676$11,364$7,553$4,918$3,151$1,949
35 years$16,022$10,779$7,062$4,527$2,854$1,735
36 years$15,406$10,231$6,606$4,170$2,586$1,544
37 years$14,824$9,717$6,183$3,842$2,344$1,375
38 years$14,275$9,234$5,790$3,541$2,125$1,225
39 years$13,754$8,781$5,425$3,265$1,927$1,091
40 years$13,261$8,354$5,085$3,011$1,748$972
41 years$12,794$7,953$4,768$2,778$1,586$866
42 years$12,350$7,574$4,472$2,564$1,439$772
43 years$11,927$7,216$4,197$2,367$1,306$688
44 years$11,525$6,879$3,939$2,186$1,185$613
45 years$11,142$6,559$3,699$2,018$1,076$547
46 years$10,776$6,257$3,474$1,864$977$487
47 years$10,428$5,971$3,264$1,723$887$434
48 years$10,094$5,701$3,067$1,592$806$387
49 years$9,776$5,444$2,883$1,471$732$345
50 years$9,471$5,200$2,710$1,360$665$308

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 $3,242 every year, while hoping to spend $57,776 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: 51/44/5 Blend
34$9,700,000$9,700,000$9,700,000$9,700,000
35$10,692,744$10,178,644$10,028,294$11,225,551
36$11,721,931$10,615,924$10,302,769$12,024,867
37$12,854,158$11,072,695$10,584,502$12,886,733
38$14,099,875$11,549,850$10,873,676$13,822,180
39$15,470,595$12,048,325$11,170,476$14,838,121
40$16,979,003$12,569,101$11,475,095$15,942,146
41$18,639,077$13,113,202$11,787,726$17,142,596
42$20,466,217$13,681,703$12,108,569$18,448,633
43$22,477,392$14,275,728$12,437,827$19,870,322
44$24,691,302$14,896,454$12,775,710$21,418,727
45$27,128,549$15,545,115$13,122,430$23,106,008
46$29,811,835$16,222,999$13,478,206$24,945,530
47$32,766,176$16,931,460$13,843,259$26,951,988
48$36,019,136$17,671,911$14,217,819$29,141,540
49$39,601,088$18,445,835$14,602,116$31,531,951
50$43,545,501$19,254,784$14,996,389$34,142,761
51$47,889,256$20,100,381$15,400,881$36,995,458
52$52,672,989$20,984,330$15,815,841$40,113,683
53$57,941,483$21,908,411$16,241,520$43,523,437
54$63,744,083$22,874,491$16,678,180$47,253,330
55$70,135,164$23,884,526$17,126,083$51,334,836
56$77,174,644$24,940,561$17,585,500$55,802,592
57$84,928,551$26,044,742$18,056,708$60,694,709
58$93,469,642$27,199,313$18,539,986$66,053,129
59$102,878,093$28,406,627$19,035,623$71,924,015
60$113,242,255$29,669,148$19,543,913$78,358,174
61$124,659,484$30,989,456$20,065,154$85,411,529
62$137,237,067$32,370,254$20,599,652$93,145,639
63$151,093,226$33,814,375$21,147,718$101,628,274
64$166,358,240$35,324,784$21,709,671$110,934,037
65$183,175,670$36,904,588$22,285,835$121,145,064
66$201,703,718$38,557,043$22,876,540$132,351,787
67$222,116,717$40,285,558$23,482,124$144,653,778
68$244,606,778$42,093,705$24,102,931$158,160,671
69$269,385,600$43,985,228$24,739,310$172,993,195
70$296,686,474$45,964,047$25,391,620$189,284,289
71$326,766,479$48,034,270$26,060,223$207,180,354
72$359,908,910$50,200,200$26,745,492$226,842,612
73$396,425,956$52,466,346$27,447,802$248,448,622
74$436,661,639$54,837,433$28,167,540$272,193,931
75$480,995,070$57,318,411$28,905,096$298,293,913
76$529,844,020$59,914,466$29,660,870$326,985,778
77$583,668,868$62,631,033$30,435,266$358,530,798
78$642,976,944$65,473,805$31,228,699$393,216,753
79$708,327,320$68,448,749$32,041,588$431,360,629
80$780,336,087$71,562,117$32,874,361$473,311,589
81$859,682,168$74,820,461$33,727,453$519,454,248
82$947,113,731$78,230,646$34,601,304$570,212,285
83$1,043,455,249$81,799,865$35,496,365$626,052,413
84$1,149,615,283$85,535,657$36,413,092$687,488,765
85$1,266,595,060$89,445,922$37,351,949$755,087,723
86$1,395,497,923$93,538,940$38,313,407$829,473,232
87$1,537,539,749$97,823,385$39,297,943$911,332,671
88$1,694,060,423$102,308,351$40,306,044$1,001,423,304
89$1,866,536,492$107,003,367$41,338,203$1,100,579,403
90$2,056,595,101$111,918,418$42,394,919$1,209,720,093
91$2,266,029,352$117,063,971$43,476,700$1,329,857,991
92$2,496,815,235$122,450,995$44,584,058$1,462,108,733
93$2,751,130,282$128,090,986$45,717,517$1,607,701,469
94$3,031,374,119$133,995,994$46,877,603$1,767,990,427
95$3,340,191,128$140,178,646$48,064,851$1,944,467,659
96$3,680,495,402$146,652,178$49,279,803$2,138,777,082
97$4,055,498,263$153,430,465$50,523,006$2,352,729,955
98$4,468,738,574$160,528,046$51,795,014$2,588,321,931
99$4,924,116,150$167,960,162$53,096,389$2,847,751,849
100$5,425,928,576$175,742,788$54,427,697$3,133,442,442