Can I retire at age 35 with 6,800,000?

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 $6,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$561,538$556,536$551,656$546,893$542,242$537,250
2 years$277,989$272,812$267,794$262,929$258,210$253,181
3 years$183,485$178,285$173,280$168,461$163,819$158,908
4 years$136,242$131,059$126,104$121,367$116,837$112,082
5 years$107,904$102,752$97,862$93,221$88,818$84,233
6 years$89,018$83,904$79,087$74,550$70,279$65,870
7 years$75,534$70,463$65,722$61,292$57,155$52,924
8 years$65,425$60,400$55,737$51,416$47,416$43,362
9 years$57,566$52,589$48,006$43,795$39,931$36,054
10 years$51,283$46,354$41,853$37,752$34,023$30,320
11 years$46,146$41,267$36,847$32,855$29,261$25,729
12 years$41,868$37,039$32,701$28,819$25,357$21,993
13 years$38,251$33,472$29,216$25,442$22,112$18,911
14 years$35,153$30,425$26,250$22,585$19,383$16,342
15 years$32,471$27,794$23,701$20,142$17,066$14,181
16 years$30,127$25,500$21,488$18,035$15,083$12,348
17 years$28,060$23,485$19,553$16,204$13,374$10,785
18 years$26,225$21,701$17,850$14,603$11,891$9,443
19 years$24,585$20,112$16,341$13,195$10,599$8,287
20 years$23,111$18,689$14,997$11,951$9,467$7,285
21 years$21,779$17,408$13,794$10,846$8,472$6,416
22 years$20,570$16,250$12,713$9,862$7,594$5,658
23 years$19,467$15,198$11,738$8,981$6,817$4,996
24 years$18,458$14,240$10,856$8,191$6,127$4,416
25 years$17,531$13,364$10,055$7,481$5,514$3,907
26 years$16,677$12,560$9,325$6,840$4,966$3,460
27 years$15,888$11,820$8,659$6,261$4,478$3,066
28 years$15,156$11,138$8,050$5,736$4,040$2,719
29 years$14,476$10,507$7,491$5,260$3,648$2,412
30 years$13,842$9,923$6,978$4,828$3,296$2,141
31 years$13,250$9,381$6,505$4,434$2,980$1,902
32 years$12,697$8,876$6,070$4,075$2,696$1,690
33 years$12,178$8,406$5,667$3,747$2,440$1,502
34 years$11,690$7,967$5,295$3,448$2,209$1,335
35 years$11,232$7,556$4,950$3,174$2,001$1,187
36 years$10,800$7,172$4,631$2,923$1,813$1,056
37 years$10,392$6,812$4,335$2,693$1,643$940
38 years$10,007$6,474$4,059$2,482$1,489$836
39 years$9,642$6,156$3,803$2,289$1,351$744
40 years$9,297$5,857$3,565$2,111$1,225$663
41 years$8,969$5,575$3,342$1,948$1,111$590
42 years$8,657$5,309$3,135$1,798$1,009$525
43 years$8,361$5,059$2,942$1,659$915$468
44 years$8,079$4,822$2,762$1,532$831$416
45 years$7,811$4,598$2,593$1,415$754$371
46 years$7,555$4,387$2,435$1,307$685$330
47 years$7,310$4,186$2,288$1,208$622$294
48 years$7,076$3,996$2,150$1,116$565$262
49 years$6,853$3,816$2,021$1,031$513$234
50 years$6,639$3,645$1,900$953$466$208

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,800,000, adding $2,800 every year, while hoping to spend $21,758 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: 44/27/29 Blend
34$6,800,000$6,800,000$6,800,000$6,800,000
35$7,496,488$7,136,088$7,030,688$7,763,058
36$8,237,980$7,462,606$7,243,066$8,280,491
37$9,054,374$7,804,394$7,461,829$8,838,765
38$9,953,288$8,162,178$7,687,169$9,443,554
39$10,943,116$8,536,717$7,919,281$10,099,203
40$12,033,106$8,928,808$8,158,369$10,810,482
41$13,233,449$9,339,286$8,404,641$11,582,631
42$14,555,376$9,769,026$8,658,311$12,421,409
43$16,011,261$10,218,945$8,919,601$13,333,141
44$17,614,740$10,690,003$9,188,738$14,324,779
45$19,380,839$11,183,209$9,465,956$15,403,966
46$21,326,116$11,699,618$9,751,498$16,579,101
47$23,468,818$12,240,337$10,045,610$17,859,420
48$25,829,049$12,806,525$10,348,550$19,255,075
49$28,428,965$13,399,399$10,660,580$20,777,234
50$31,292,982$14,020,231$10,981,972$22,438,177
51$34,448,003$14,670,359$11,313,004$24,251,411
52$37,923,674$15,351,182$11,653,965$26,231,794
53$41,752,667$16,064,168$12,005,151$28,395,671
54$45,970,981$16,810,854$12,366,866$30,761,026
55$50,618,288$17,592,854$12,739,423$33,347,646
56$55,738,307$18,411,857$13,123,147$36,177,304
57$61,379,211$19,269,635$13,518,369$39,273,960
58$67,594,089$20,168,045$13,925,433$42,663,985
59$74,441,442$21,109,035$14,344,691$46,376,402
60$81,985,737$22,094,645$14,776,505$50,443,156
61$90,298,014$23,127,015$15,221,251$54,899,412
62$99,456,560$24,208,388$15,679,312$59,783,880
63$109,547,645$25,341,115$16,151,084$65,139,176
64$120,666,336$26,527,660$16,636,976$71,012,215
65$132,917,395$27,770,608$17,137,408$77,454,654
66$146,416,270$29,072,669$17,652,812$84,523,367
67$161,290,181$30,436,681$18,183,633$92,280,978
68$177,679,324$31,865,623$18,730,328$100,796,447
69$195,738,192$33,362,615$19,293,371$110,145,710
70$215,637,035$34,930,931$19,873,247$120,412,390
71$237,563,467$36,574,000$20,470,455$131,688,579
72$261,724,235$38,295,421$21,085,510$144,075,699
73$288,347,175$40,098,965$21,718,943$157,685,448
74$317,683,357$41,988,585$22,371,298$172,640,849
75$350,009,461$43,968,426$23,043,137$189,077,401
76$385,630,382$46,042,835$23,735,038$207,144,348
77$424,882,116$48,216,369$24,447,597$227,006,074
78$468,134,926$50,493,806$25,181,426$248,843,651
79$515,796,840$52,880,154$25,937,155$272,856,530
80$568,317,502$55,380,665$26,715,434$299,264,418
81$626,192,417$58,000,848$27,516,931$328,309,336
82$689,967,629$60,746,475$28,342,334$360,257,890
83$760,244,875$63,623,601$29,192,350$395,403,778
84$837,687,268$66,638,573$30,067,710$434,070,547
85$923,025,554$69,798,047$30,969,162$476,614,631
86$1,017,065,012$73,109,003$31,897,481$523,428,702
87$1,120,693,056$76,578,757$32,853,459$574,945,361
88$1,234,887,614$80,214,983$33,837,916$631,641,204
89$1,360,726,359$84,025,725$34,851,695$694,041,304
90$1,499,396,883$88,019,420$35,895,662$762,724,150
91$1,652,207,907$92,204,915$36,970,709$838,327,089
92$1,820,601,642$96,591,483$38,077,755$921,552,321
93$2,006,167,395$101,188,852$39,217,746$1,013,173,510
94$2,210,656,584$106,007,220$40,391,655$1,114,043,062
95$2,435,999,264$111,057,282$41,600,484$1,225,100,152
96$2,684,322,351$116,350,252$42,845,263$1,347,379,566
97$2,957,969,706$121,897,888$44,127,054$1,482,021,443
98$3,259,524,254$127,712,523$45,446,948$1,630,282,011
99$3,591,832,378$133,807,087$46,806,071$1,793,545,425
100$3,958,030,785$140,195,139$48,205,579$1,973,336,800