Can I retire at age 35 with 16,700,000?

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 $16,700,000?

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$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,306,933
2 years$682,708$669,993$657,671$645,723$634,134$609,293
3 years$450,618$437,848$425,556$413,721$402,321$378,161
4 years$334,595$321,865$309,696$298,063$286,938$263,646
5 years$265,000$252,346$240,337$228,941$218,126$195,768
6 years$218,618$206,059$194,228$183,086$172,596$151,196
7 years$185,501$173,048$161,404$150,525$140,367$119,932
8 years$160,675$148,334$136,884$126,272$116,448$96,972
9 years$141,376$129,152$117,898$107,555$98,066$79,538
10 years$125,946$113,841$102,786$92,714$83,557$65,959
11 years$113,329$101,346$90,491$80,689$71,862$55,174
12 years$102,823$90,963$80,309$70,775$62,274$46,474
13 years$93,940$82,204$71,750$62,484$54,304$39,366
14 years$86,333$74,721$64,468$55,466$47,603$33,499
15 years$79,745$68,259$58,206$49,466$41,913$28,617
16 years$73,987$62,626$52,772$44,291$37,043$24,524
17 years$68,912$57,676$48,021$39,795$32,845$21,073
18 years$64,405$53,296$43,837$35,864$29,204$18,149
19 years$60,378$49,394$40,130$32,406$26,030$15,660
20 years$56,758$45,899$36,830$29,350$23,251$13,535
21 years$53,487$42,753$33,876$26,637$20,807$11,715
22 years$50,517$39,909$31,222$24,219$18,650$10,152
23 years$47,810$37,326$28,828$22,057$16,742$8,807
24 years$45,332$34,972$26,661$20,117$15,048$7,647
25 years$43,055$32,819$24,694$18,372$13,541$6,644
26 years$40,957$30,845$22,902$16,798$12,197$5,777
27 years$39,018$29,029$21,267$15,376$10,997$5,026
28 years$37,221$27,353$19,770$14,088$9,922$4,375
29 years$35,550$25,805$18,398$12,919$8,960$3,810
30 years$33,994$24,370$17,137$11,856$8,096$3,319
31 years$32,541$23,038$15,976$10,889$7,319$2,892
32 years$31,182$21,798$14,906$10,007$6,621$2,521
33 years$29,907$20,643$13,918$9,202$5,992$2,198
34 years$28,710$19,565$13,004$8,467$5,425$1,917
35 years$27,584$18,557$12,158$7,794$4,914$1,672
36 years$26,523$17,614$11,373$7,178$4,452$1,459
37 years$25,522$16,729$10,645$6,614$4,035$1,273
38 years$24,576$15,898$9,969$6,096$3,658$1,111
39 years$23,680$15,118$9,340$5,621$3,317$969
40 years$22,832$14,383$8,754$5,185$3,009$846
41 years$22,026$13,692$8,209$4,783$2,730$738
42 years$21,262$13,039$7,700$4,415$2,477$645
43 years$20,534$12,424$7,225$4,075$2,248$563
44 years$19,842$11,843$6,782$3,763$2,040$491
45 years$19,182$11,293$6,368$3,475$1,852$429
46 years$18,553$10,773$5,981$3,210$1,682$374
47 years$17,953$10,281$5,619$2,966$1,527$327
48 years$17,379$9,814$5,281$2,740$1,387$286
49 years$16,830$9,372$4,963$2,533$1,260$249
50 years$16,305$8,953$4,666$2,341$1,144$218

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $16,700,000, adding $4,240 every year, while hoping to spend $58,716 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: 41/47/12 Blend
34$16,700,000$16,700,000$16,700,000$16,700,000
35$18,407,774$17,522,674$17,263,824$19,096,962
36$20,222,893$18,318,811$17,779,688$20,378,171
37$22,221,187$19,151,992$18,310,867$21,757,835
38$24,421,277$20,023,968$18,857,809$23,249,762
39$26,843,682$20,936,577$19,420,981$24,864,185
40$29,511,013$21,891,745$20,000,859$26,612,330
41$32,448,183$22,891,488$20,597,935$28,506,509
42$35,682,647$23,937,920$21,212,715$30,560,230
43$39,244,656$25,033,257$21,845,720$32,788,319
44$43,167,545$26,179,821$22,497,486$35,207,050
45$47,488,047$27,380,044$23,168,563$37,834,285
46$52,246,638$28,636,476$23,859,520$40,689,642
47$57,487,922$29,951,790$24,570,941$43,794,664
48$63,261,048$31,328,787$25,303,427$47,173,012
49$69,620,179$32,770,401$26,057,595$50,850,682
50$76,624,996$34,279,709$26,834,083$54,856,235
51$84,341,266$35,859,935$27,633,545$59,221,058
52$92,841,462$37,514,459$28,456,656$63,979,644
53$102,205,445$39,246,822$29,304,108$69,169,910
54$112,521,221$41,060,737$30,176,616$74,833,536
55$123,885,767$42,960,094$31,074,914$81,016,349
56$136,405,949$44,948,973$31,999,758$87,768,738
57$150,199,531$47,031,647$32,951,924$95,146,115
58$165,396,283$49,212,598$33,932,214$103,209,421
59$182,139,211$51,496,522$34,941,450$112,025,687
60$200,585,901$53,888,342$35,980,479$121,668,647
61$220,910,011$56,393,219$37,050,173$132,219,415
62$243,302,907$59,016,562$38,151,429$143,767,232
63$267,975,471$61,764,041$39,285,170$156,410,289
64$295,160,090$64,641,600$40,452,344$170,256,633
65$325,112,851$67,655,469$41,653,929$185,425,161
66$358,115,955$70,812,181$42,890,929$202,046,723
67$394,480,387$74,118,582$44,164,380$220,265,332
68$434,548,843$77,581,850$45,475,343$240,239,498
69$478,698,973$81,209,509$46,824,915$262,143,693
70$527,346,940$85,009,446$48,214,222$286,169,980
71$580,951,351$88,989,932$49,644,421$312,529,786
72$640,017,585$93,159,635$51,116,705$341,455,875
73$705,102,565$97,527,643$52,632,301$373,204,507
74$776,820,012$102,103,483$54,192,469$408,057,830
75$855,846,245$106,897,145$55,798,508$446,326,503
76$942,926,556$111,919,100$57,451,753$488,352,593
77$1,038,882,256$117,180,327$59,153,577$534,512,769
78$1,144,618,418$122,692,335$60,905,394$585,221,811
79$1,261,132,429$128,467,192$62,708,657$640,936,488
80$1,389,523,402$134,517,549$64,564,862$702,159,826
81$1,531,002,551$140,856,671$66,475,547$769,445,806
82$1,686,904,628$147,498,464$68,442,294$843,404,549
83$1,858,700,521$154,457,510$70,466,732$924,708,023
84$2,048,011,141$161,749,095$72,550,534$1,014,096,333
85$2,256,622,724$169,389,247$74,695,424$1,112,384,652
86$2,486,503,693$177,394,772$76,903,172$1,220,470,860
87$2,739,823,243$185,783,289$79,175,602$1,339,343,956
88$3,018,971,817$194,573,273$81,514,588$1,470,093,330
89$3,326,583,673$203,784,094$83,922,057$1,613,918,984
90$3,665,561,756$213,436,063$86,399,994$1,772,142,787
91$4,039,105,099$223,550,474$88,950,438$1,946,220,878
92$4,450,739,029$234,149,657$91,575,487$2,137,757,340
93$4,904,348,443$245,257,024$94,277,300$2,348,519,259
94$5,404,214,490$256,897,124$97,058,095$2,580,453,323
95$5,955,054,983$269,095,697$99,920,156$2,835,704,109
96$6,562,068,940$281,879,736$102,865,830$3,116,634,236
97$7,230,985,669$295,277,540$105,897,532$3,425,846,575
98$7,968,118,853$309,318,785$109,017,746$3,766,208,714
99$8,780,426,161$324,034,591$112,229,025$4,140,879,925
100$9,675,574,929$339,457,585$115,533,997$4,553,340,879