Can I retire at age 35 with 6,700,000?

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 $6,700,000?

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$553,280$548,351$543,543$538,850$534,267$529,570
2 years$273,901$268,800$263,856$259,063$254,413$249,679
3 years$180,787$175,664$170,732$165,984$161,410$156,787
4 years$134,239$129,131$124,249$119,582$115,119$110,642
5 years$106,317$101,241$96,423$91,850$87,512$83,194
6 years$87,709$82,671$77,924$73,454$69,245$65,092
7 years$74,423$69,427$64,755$60,390$56,315$52,328
8 years$64,463$59,511$54,917$50,660$46,718$42,899
9 years$56,720$51,815$47,300$43,151$39,344$35,689
10 years$50,529$45,673$41,238$37,197$33,523$30,032
11 years$45,467$40,660$36,305$32,372$28,831$25,500
12 years$41,252$36,494$32,220$28,395$24,984$21,811
13 years$37,689$32,980$28,786$25,068$21,787$18,767
14 years$34,636$29,978$25,864$22,253$19,098$16,228
15 years$31,994$27,385$23,352$19,846$16,815$14,091
16 years$29,684$25,125$21,172$17,770$14,862$12,279
17 years$27,647$23,140$19,266$15,966$13,177$10,732
18 years$25,839$21,382$17,587$14,388$11,717$9,403
19 years$24,224$19,817$16,100$13,001$10,443$8,257
20 years$22,771$18,415$14,776$11,775$9,328$7,265
21 years$21,459$17,152$13,591$10,687$8,348$6,403
22 years$20,267$16,011$12,526$9,717$7,482$5,650
23 years$19,181$14,975$11,566$8,849$6,717$4,993
24 years$18,187$14,031$10,696$8,071$6,037$4,417
25 years$17,274$13,167$9,907$7,371$5,432$3,911
26 years$16,432$12,375$9,188$6,739$4,893$3,466
27 years$15,654$11,646$8,532$6,169$4,412$3,074
28 years$14,933$10,974$7,932$5,652$3,981$2,728
29 years$14,263$10,353$7,381$5,183$3,595$2,422
30 years$13,638$9,777$6,875$4,757$3,248$2,152
31 years$13,055$9,243$6,410$4,369$2,936$1,913
32 years$12,510$8,745$5,980$4,015$2,656$1,701
33 years$11,999$8,282$5,584$3,692$2,404$1,513
34 years$11,519$7,850$5,217$3,397$2,176$1,346
35 years$11,067$7,445$4,878$3,127$1,971$1,198
36 years$10,641$7,067$4,563$2,880$1,786$1,067
37 years$10,239$6,712$4,271$2,654$1,619$950
38 years$9,860$6,378$3,999$2,446$1,468$846
39 years$9,500$6,065$3,747$2,255$1,331$754
40 years$9,160$5,771$3,512$2,080$1,207$671
41 years$8,837$5,493$3,293$1,919$1,095$598
42 years$8,530$5,231$3,089$1,771$994$533
43 years$8,238$4,984$2,899$1,635$902$475
44 years$7,961$4,751$2,721$1,510$819$424
45 years$7,696$4,531$2,555$1,394$743$378
46 years$7,444$4,322$2,400$1,288$675$337
47 years$7,203$4,125$2,254$1,190$613$300
48 years$6,972$3,938$2,119$1,099$556$268
49 years$6,752$3,760$1,991$1,016$505$239
50 years$6,542$3,592$1,872$939$459$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,700,000, adding $6,515 every year, while hoping to spend $56,816 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: 59/11/30 Blend
34$6,700,000$6,700,000$6,700,000$6,700,000
35$7,390,120$7,035,020$6,931,170$7,765,180
36$8,083,461$7,319,284$7,102,913$8,307,106
37$8,845,618$7,615,573$7,278,504$8,891,420
38$9,683,550$7,924,416$7,458,014$9,527,670
39$10,604,926$8,246,366$7,641,511$10,220,927
40$11,618,193$8,582,002$7,829,065$10,976,771
41$12,732,656$8,931,928$8,020,747$11,801,344
42$13,958,572$9,296,777$8,216,627$12,701,411
43$15,307,237$9,677,210$8,416,774$13,684,413
44$16,791,099$10,073,918$8,621,261$14,758,547
45$18,423,876$10,487,624$8,830,157$15,932,836
46$20,220,678$10,919,085$9,043,535$17,217,215
47$22,198,158$11,369,090$9,261,463$18,622,624
48$24,374,661$11,838,467$9,484,014$20,161,109
49$26,770,406$12,328,081$9,711,258$21,845,937
50$29,407,667$12,838,836$9,943,264$23,691,716
51$32,310,988$13,371,679$10,180,103$25,714,537
52$35,507,416$13,927,599$10,421,844$27,932,119
53$39,026,753$14,507,631$10,668,555$30,363,980
54$42,901,835$15,112,858$10,920,305$33,031,617
55$47,168,848$15,744,414$11,177,161$35,958,709
56$51,867,663$16,403,483$11,439,189$39,171,336
57$57,042,217$17,091,306$11,706,454$42,698,228
58$62,740,922$17,809,179$11,979,020$46,571,033
59$69,017,129$18,558,461$12,256,949$50,824,614
60$75,929,622$19,340,572$12,540,303$55,497,374
61$83,543,181$20,156,998$12,829,141$60,631,623
62$91,929,189$21,009,294$13,123,520$66,273,969
63$101,166,304$21,899,087$13,423,496$72,475,760
64$111,341,206$22,828,081$13,729,122$79,293,566
65$122,549,409$23,798,058$14,040,448$86,789,711
66$134,896,169$24,810,882$14,357,523$95,032,860
67$148,497,469$25,868,507$14,680,392$104,098,663
68$163,481,122$26,972,975$15,009,096$114,070,471
69$179,987,971$28,126,424$15,343,674$125,040,114
70$198,173,218$29,331,094$15,684,162$137,108,774
71$218,207,895$30,589,326$16,030,590$150,387,931
72$240,280,471$31,903,573$16,382,985$165,000,416
73$264,598,633$33,276,403$16,741,370$181,081,567
74$291,391,249$34,710,502$17,105,761$198,780,504
75$320,910,524$36,208,684$17,476,171$218,261,535
76$353,434,382$37,773,894$17,852,608$239,705,703
77$389,269,090$39,409,216$18,235,071$263,312,493
78$428,752,146$41,117,876$18,623,555$289,301,712
79$472,255,469$42,903,256$19,018,048$317,915,560
80$520,188,905$44,768,894$19,418,530$349,420,913
81$573,004,097$46,718,494$19,824,975$384,111,841
82$631,198,751$48,755,936$20,237,348$422,312,379
83$695,321,329$50,885,282$20,655,604$464,379,582
84$765,976,229$53,110,786$21,079,692$510,706,893
85$843,829,492$55,436,901$21,509,548$561,727,853
86$929,615,083$57,868,292$21,945,101$617,920,188
87$1,024,141,826$60,409,844$22,386,267$679,810,318
88$1,128,301,037$63,066,670$22,832,951$747,978,320
89$1,243,074,934$65,844,129$23,285,047$823,063,398
90$1,369,545,915$68,747,829$23,742,434$905,769,916
91$1,508,906,773$71,783,647$24,204,980$996,874,043
92$1,662,471,954$74,957,736$24,672,537$1,097,231,069
93$1,831,689,969$78,276,541$25,144,943$1,207,783,483
94$2,018,157,067$81,746,813$25,622,019$1,329,569,856
95$2,223,632,303$85,375,621$26,103,572$1,463,734,648
96$2,450,054,144$89,170,373$26,589,388$1,611,539,002
97$2,699,558,770$93,138,824$27,079,235$1,774,372,643
98$2,974,500,240$97,289,102$27,572,865$1,953,766,993
99$3,277,472,713$101,629,717$28,070,005$2,151,409,623
100$3,611,334,943$106,169,586$28,570,363$2,369,160,175