Can I retire at age 35 with 14,700,000?

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 $14,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,213,912$1,203,099$1,192,550$1,182,253$1,172,199$1,152,305
2 years$600,947$589,755$578,908$568,391$558,190$538,209
3 years$396,652$385,411$374,592$364,174$354,139$334,692
4 years$294,524$283,318$272,607$262,367$252,575$233,813
5 years$233,263$222,125$211,554$201,523$192,003$173,980
6 years$192,436$181,382$170,967$161,159$151,926$134,661
7 years$163,286$152,324$142,074$132,498$123,556$107,055
8 years$141,433$130,570$120,490$111,149$102,502$86,761
9 years$124,445$113,684$103,778$94,674$86,321$71,333
10 years$110,862$100,207$90,476$81,610$73,550$59,300
11 years$99,757$89,209$79,654$71,025$63,256$49,729
12 years$90,509$80,069$70,691$62,299$54,816$41,996
13 years$82,690$72,359$63,158$55,001$47,801$35,667
14 years$75,993$65,772$56,747$48,823$41,902$30,434
15 years$70,195$60,084$51,235$43,542$36,894$26,069
16 years$65,127$55,126$46,452$38,987$32,607$22,404
17 years$60,659$50,769$42,270$35,029$28,911$19,306
18 years$56,692$46,913$38,587$31,569$25,707$16,675
19 years$53,147$43,478$35,324$28,525$22,913$14,432
20 years$49,961$40,402$32,419$25,835$20,466$12,511
21 years$47,081$37,633$29,819$23,447$18,315$10,862
22 years$44,467$35,129$27,483$21,318$16,417$9,441
23 years$42,084$32,856$25,376$19,415$14,737$8,216
24 years$39,903$30,784$23,468$17,708$13,246$7,156
25 years$37,899$28,889$21,736$16,172$11,919$6,237
26 years$36,052$27,151$20,159$14,787$10,736$5,441
27 years$34,345$25,552$18,720$13,535$9,680$4,749
28 years$32,763$24,078$17,402$12,401$8,734$4,147
29 years$31,293$22,714$16,194$11,372$7,887$3,623
30 years$29,923$21,451$15,084$10,436$7,126$3,167
31 years$28,644$20,279$14,063$9,585$6,443$2,769
32 years$27,447$19,188$13,121$8,809$5,828$2,421
33 years$26,326$18,171$12,251$8,100$5,274$2,118
34 years$25,272$17,222$11,447$7,453$4,775$1,854
35 years$24,281$16,335$10,702$6,861$4,325$1,622
36 years$23,347$15,504$10,011$6,319$3,919$1,420
37 years$22,466$14,725$9,370$5,822$3,552$1,243
38 years$21,633$13,994$8,775$5,366$3,220$1,089
39 years$20,844$13,307$8,221$4,948$2,920$953
40 years$20,097$12,661$7,706$4,564$2,648$835
41 years$19,388$12,052$7,225$4,211$2,403$731
42 years$18,715$11,478$6,778$3,886$2,180$640
43 years$18,075$10,936$6,360$3,587$1,979$561
44 years$17,466$10,424$5,970$3,312$1,796$492
45 years$16,885$9,941$5,606$3,059$1,631$431
46 years$16,331$9,483$5,265$2,825$1,480$377
47 years$15,803$9,050$4,946$2,610$1,344$331
48 years$15,298$8,639$4,648$2,412$1,221$290
49 years$14,815$8,250$4,369$2,229$1,109$254
50 years$14,352$7,881$4,107$2,060$1,007$222

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $14,700,000, adding $6,408 every year, while hoping to spend $49,011 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: 51/43/6 Blend
34$14,700,000$14,700,000$14,700,000$14,700,000
35$16,206,010$15,426,910$15,199,060$17,008,715
36$17,806,876$16,130,681$15,656,081$18,258,636
37$19,569,387$16,867,295$16,126,770$19,610,778
38$21,509,980$17,638,308$16,611,532$21,079,398
39$23,646,766$18,445,353$17,110,786$22,675,439
40$25,999,701$19,290,140$17,624,963$24,410,913
41$28,590,776$20,174,462$18,154,505$26,299,017
42$31,444,222$21,100,198$18,699,868$28,354,244
43$34,586,742$22,069,317$19,261,522$30,592,520
44$38,047,757$23,083,881$19,839,951$33,031,341
45$41,859,691$24,146,054$20,435,652$35,689,936
46$46,058,271$25,258,101$21,049,137$38,589,438
47$50,682,865$26,422,399$21,680,934$41,753,079
48$55,776,858$27,641,438$22,331,586$45,206,397
49$61,388,055$28,917,825$23,001,652$48,977,472
50$67,569,136$30,254,298$23,691,706$53,097,180
51$74,378,151$31,653,722$24,402,341$57,599,478
52$81,879,070$33,119,102$25,134,167$62,521,710
53$90,142,384$34,653,587$25,887,812$67,904,955
54$99,245,774$36,260,479$26,663,920$73,794,398
55$109,274,839$37,943,239$27,463,157$80,239,752
56$120,323,907$39,705,492$28,286,207$87,295,708
57$132,496,926$41,551,041$29,133,775$95,022,447
58$145,908,442$43,483,872$30,006,586$103,486,189
59$160,684,683$45,508,161$30,905,387$112,759,807
60$176,964,748$47,628,289$31,830,945$122,923,500
61$194,901,922$49,848,844$32,784,051$134,065,539
62$214,665,120$52,174,641$33,765,520$146,283,078
63$236,440,487$54,610,722$34,776,188$159,683,060
64$260,433,145$57,162,376$35,816,919$174,383,209
65$286,869,140$59,835,147$36,888,600$190,513,123
66$315,997,569$62,634,845$37,992,145$208,215,476
67$348,092,932$65,567,564$39,128,493$227,647,351
68$383,457,726$68,639,690$40,298,613$248,981,699
69$422,425,298$71,857,918$41,503,500$272,408,947
70$465,362,991$75,229,268$42,744,179$298,138,782
71$512,675,613$78,761,100$44,021,707$326,402,099
72$564,809,259$82,461,127$45,337,167$357,453,159
73$622,255,520$86,337,439$46,691,679$391,571,965
74$685,556,125$90,398,515$48,086,392$429,066,875
75$755,308,053$94,653,246$49,522,490$470,277,489
76$832,169,172$99,110,953$51,001,191$515,577,820
77$916,864,446$103,781,408$52,523,749$565,379,800
78$1,010,192,779$108,674,857$54,091,454$620,137,132
79$1,113,034,559$113,802,041$55,705,635$680,349,537
80$1,226,359,968$119,174,225$57,367,657$746,567,444
81$1,351,238,138$124,803,215$59,078,927$819,397,141
82$1,488,847,250$130,701,395$60,840,893$899,506,463
83$1,640,485,650$136,881,743$62,655,043$987,631,056
84$1,807,584,110$143,357,873$64,522,911$1,084,581,277
85$1,991,719,334$150,144,053$66,446,074$1,191,249,800
86$2,194,628,843$157,255,249$68,426,154$1,308,619,997
87$2,418,227,377$164,707,148$70,464,822$1,437,775,173
88$2,664,624,973$172,516,202$72,563,797$1,579,908,737
89$2,936,146,883$180,699,659$74,724,847$1,736,335,419
90$3,235,355,528$189,275,605$76,949,793$1,908,503,621
91$3,565,074,688$198,263,005$79,240,507$2,098,009,035
92$3,928,416,158$207,681,744$81,598,915$2,306,609,643
93$4,328,809,129$217,552,673$84,027,002$2,536,242,247
94$4,770,032,561$227,897,655$86,526,807$2,789,040,686
95$5,256,250,857$238,739,615$89,100,430$3,067,355,912
96$5,792,053,181$250,102,593$91,750,032$3,373,778,103
97$6,382,496,782$262,011,796$94,477,834$3,711,161,044
98$7,033,154,736$274,493,656$97,286,124$4,082,648,980
99$7,750,168,565$287,575,891$100,177,255$4,491,706,219
100$8,540,306,214$301,287,565$103,153,648$4,942,149,742