Can I retire at age 35 with 6,200,000?

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 $6,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$511,990$507,430$502,980$498,637$494,397$478,571
2 years$253,460$248,740$244,165$239,729$235,427$219,629
3 years$167,295$162,554$157,991$153,597$149,365$134,089
4 years$124,221$119,495$114,977$110,658$106,528$91,893
5 years$98,383$93,685$89,227$84,996$80,981$67,026
6 years$81,164$76,501$72,109$67,972$64,077$50,813
7 years$68,869$64,245$59,923$55,883$52,112$39,538
8 years$59,652$55,070$50,819$46,879$43,232$31,339
9 years$52,487$47,949$43,770$39,931$36,408$25,182
10 years$46,758$42,264$38,160$34,421$31,021$20,447
11 years$42,074$37,625$33,596$29,956$26,679$16,736
12 years$38,174$33,771$29,815$26,276$23,120$13,786
13 years$34,876$30,519$26,638$23,198$20,161$11,414
14 years$32,052$27,741$23,934$20,592$17,673$9,489
15 years$29,606$25,342$21,609$18,365$15,561$7,915
16 years$27,468$23,250$19,592$16,443$13,752$6,621
17 years$25,584$21,413$17,828$14,774$12,194$5,550
18 years$23,911$19,786$16,275$13,315$10,842$4,662
19 years$22,416$18,338$14,899$12,031$9,664$3,922
20 years$21,072$17,040$13,673$10,896$8,632$3,303
21 years$19,857$15,872$12,577$9,889$7,725$2,786
22 years$18,755$14,816$11,591$8,991$6,924$2,351
23 years$17,750$13,857$10,703$8,189$6,215$1,986
24 years$16,830$12,984$9,898$7,469$5,587$1,678
25 years$15,985$12,184$9,168$6,821$5,027$1,419
26 years$15,206$11,451$8,503$6,237$4,528$1,201
27 years$14,486$10,777$7,895$5,708$4,083$1,016
28 years$13,818$10,155$7,340$5,230$3,684$861
29 years$13,198$9,580$6,830$4,796$3,326$729
30 years$12,621$9,048$6,362$4,402$3,006$617
31 years$12,081$8,553$5,931$4,043$2,717$523
32 years$11,576$8,093$5,534$3,715$2,458$443
33 years$11,103$7,664$5,167$3,416$2,224$376
34 years$10,659$7,264$4,828$3,143$2,014$318
35 years$10,241$6,890$4,514$2,894$1,824$270
36 years$9,847$6,539$4,222$2,665$1,653$229
37 years$9,475$6,211$3,952$2,455$1,498$194
38 years$9,124$5,902$3,701$2,263$1,358$164
39 years$8,791$5,613$3,467$2,087$1,232$139
40 years$8,476$5,340$3,250$1,925$1,117$118
41 years$8,177$5,083$3,047$1,776$1,013$100
42 years$7,894$4,841$2,859$1,639$920$85
43 years$7,624$4,612$2,682$1,513$835$72
44 years$7,366$4,397$2,518$1,397$758$61
45 years$7,122$4,193$2,364$1,290$688$52
46 years$6,888$4,000$2,221$1,192$624$44
47 years$6,665$3,817$2,086$1,101$567$37
48 years$6,452$3,644$1,960$1,017$515$32
49 years$6,248$3,480$1,843$940$468$27
50 years$6,053$3,324$1,732$869$425$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,200,000, adding $5,619 every year, while hoping to spend $34,155 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: 52/29/19 Blend
34$6,200,000$6,200,000$6,200,000$6,200,000
35$6,838,196$6,509,596$6,413,496$7,157,804
36$7,499,351$6,792,226$6,592,007$7,660,806
37$8,226,800$7,087,559$6,775,354$8,203,594
38$9,027,267$7,396,183$6,963,663$8,793,244
39$9,908,164$7,718,712$7,157,061$9,434,216
40$10,877,657$8,055,789$7,355,682$10,131,411
41$11,944,741$8,408,086$7,559,661$10,890,215
42$13,119,331$8,776,309$7,769,136$11,716,551
43$14,412,351$9,161,196$7,984,250$12,616,932
44$15,835,837$9,563,520$8,205,149$13,598,519
45$17,403,051$9,984,091$8,431,980$14,669,187
46$19,128,607$10,423,757$8,664,896$15,837,598
47$21,028,609$10,883,405$8,904,055$17,113,283
48$23,120,802$11,363,966$9,149,615$18,506,722
49$25,424,737$11,866,414$9,401,740$20,029,449
50$27,961,960$12,391,769$9,660,598$21,694,155
51$30,756,213$12,941,098$9,926,361$23,514,801
52$33,833,657$13,515,522$10,199,205$25,506,756
53$37,223,120$14,116,213$10,479,308$27,686,931
54$40,956,368$14,744,398$10,766,855$30,073,939
55$45,068,408$15,401,363$11,062,035$32,688,268
56$49,597,812$16,088,456$11,365,039$35,552,470
57$54,587,086$16,807,088$11,676,066$38,691,370
58$60,083,071$17,558,738$11,995,316$42,132,300
59$66,137,382$18,344,953$12,322,997$45,905,348
60$72,806,896$19,167,357$12,659,318$50,043,644
61$80,154,291$20,027,649$13,004,497$54,583,663
62$88,248,634$20,927,610$13,358,753$59,565,569
63$97,166,037$21,869,105$13,722,314$65,033,589
64$106,990,370$22,854,088$14,095,409$71,036,424
65$117,814,057$23,884,608$14,478,274$77,627,706
66$129,738,947$24,962,809$14,871,152$84,866,499
67$142,877,272$26,090,940$15,274,288$92,817,849
68$157,352,713$27,271,355$15,687,936$101,553,396
69$173,301,560$28,506,522$16,112,352$111,152,042
70$190,874,004$29,799,026$16,547,801$121,700,689
71$210,235,552$31,151,578$16,994,551$133,295,058
72$231,568,588$32,567,015$17,452,879$146,040,580
73$255,074,097$34,048,312$17,923,064$160,053,388
74$280,973,562$35,598,586$18,405,393$175,461,405
75$309,511,053$37,221,104$18,900,161$192,405,543
76$340,955,530$38,919,288$19,407,667$211,041,030
77$375,603,387$40,696,726$19,928,216$231,538,861
78$413,781,242$42,557,175$20,462,120$254,087,407
79$455,849,027$44,504,575$21,009,700$278,894,184
80$502,203,382$46,543,053$21,571,279$306,187,804
81$553,281,400$48,676,936$22,147,191$336,220,119
82$609,564,755$50,910,758$22,737,773$369,268,593
83$671,584,244$53,249,269$23,343,373$405,638,909
84$739,924,804$55,697,450$23,964,342$445,667,843
85$815,231,028$58,260,519$24,601,042$489,726,432
86$898,213,254$60,943,946$25,253,839$538,223,464
87$989,654,271$63,753,464$25,923,107$591,609,326
88$1,090,416,704$66,695,082$26,609,228$650,380,240
89$1,201,451,162$69,775,095$27,312,592$715,082,936
90$1,323,805,212$73,000,107$28,033,596$786,319,797
91$1,458,633,265$76,377,033$28,772,642$864,754,532
92$1,607,207,477$79,913,127$29,530,145$951,118,425
93$1,770,929,758$83,615,988$30,306,523$1,046,217,220
94$1,951,345,006$87,493,584$31,102,204$1,150,938,714
95$2,150,155,691$91,554,264$31,917,623$1,266,261,118
96$2,369,237,932$95,806,784$32,753,223$1,393,262,272
97$2,610,659,202$100,260,317$33,609,457$1,533,129,802
98$2,876,697,850$104,924,481$34,486,783$1,687,172,309
99$3,169,864,609$109,809,359$35,385,668$1,856,831,704
100$3,492,926,300$114,925,519$36,306,590$2,043,696,794