Can I retire at age 35 with 6,900,000?

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 $6,900,000?

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$569,796$564,720$559,768$554,935$550,216$545,378
2 years$282,077$276,824$271,732$266,796$262,007$257,132
3 years$186,183$180,907$175,829$170,939$166,228$161,467
4 years$138,246$132,986$127,958$123,152$118,555$113,945
5 years$109,491$104,263$99,301$94,592$90,124$85,677
6 years$90,327$85,138$80,250$75,646$71,312$67,035
7 years$76,644$71,499$66,688$62,193$57,996$53,890
8 years$66,387$61,288$56,557$52,172$48,113$44,179
9 years$58,413$53,362$48,712$44,439$40,518$36,755
10 years$52,037$47,036$42,468$38,307$34,524$30,928
11 years$46,825$41,873$37,389$33,338$29,691$26,261
12 years$42,484$37,583$33,181$29,242$25,730$22,462
13 years$38,814$33,964$29,645$25,817$22,437$19,327
14 years$35,670$30,873$26,637$22,917$19,668$16,713
15 years$32,949$28,203$24,049$20,438$17,317$14,512
16 years$30,570$25,875$21,804$18,300$15,305$12,645
17 years$28,473$23,830$19,841$16,442$13,571$11,052
18 years$26,611$22,020$18,112$14,818$12,066$9,684
19 years$24,947$20,408$16,581$13,389$10,755$8,504
20 years$23,451$18,964$15,217$12,127$9,607$7,482
21 years$22,099$17,665$13,997$11,006$8,597$6,594
22 years$20,872$16,489$12,900$10,007$7,706$5,819
23 years$19,754$15,422$11,911$9,113$6,917$5,142
24 years$18,730$14,449$11,016$8,312$6,217$4,549
25 years$17,789$13,560$10,203$7,591$5,595$4,028
26 years$16,922$12,744$9,463$6,941$5,039$3,570
27 years$16,121$11,994$8,787$6,353$4,543$3,166
28 years$15,379$11,302$8,168$5,821$4,100$2,810
29 years$14,688$10,662$7,601$5,338$3,702$2,495
30 years$14,045$10,069$7,080$4,899$3,345$2,216
31 years$13,445$9,519$6,601$4,499$3,024$1,970
32 years$12,883$9,006$6,159$4,135$2,736$1,752
33 years$12,357$8,529$5,750$3,802$2,476$1,558
34 years$11,862$8,084$5,373$3,498$2,241$1,387
35 years$11,397$7,667$5,023$3,220$2,030$1,234
36 years$10,959$7,277$4,699$2,966$1,839$1,099
37 years$10,545$6,912$4,398$2,733$1,667$978
38 years$10,154$6,569$4,119$2,519$1,511$871
39 years$9,784$6,246$3,859$2,322$1,371$776
40 years$9,433$5,943$3,617$2,142$1,243$691
41 years$9,101$5,657$3,392$1,976$1,128$616
42 years$8,785$5,388$3,181$1,824$1,023$549
43 years$8,484$5,133$2,985$1,684$929$489
44 years$8,198$4,893$2,802$1,555$843$436
45 years$7,926$4,666$2,631$1,436$765$389
46 years$7,666$4,451$2,471$1,326$695$347
47 years$7,418$4,248$2,322$1,225$631$309
48 years$7,180$4,055$2,182$1,132$573$276
49 years$6,954$3,872$2,051$1,046$520$246
50 years$6,737$3,699$1,928$967$473$219

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $6,900,000, adding $3,211 every year, while hoping to spend $48,765 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: 50/39/11 Blend
34$6,900,000$6,900,000$6,900,000$6,900,000
35$7,607,112$7,241,412$7,134,462$7,964,890
36$8,331,152$7,544,356$7,321,581$8,513,119
37$9,127,410$7,860,509$7,513,334$9,103,118
38$10,003,199$8,190,468$7,709,825$9,743,131
39$10,966,581$8,534,856$7,911,159$10,437,864
40$12,026,434$8,894,326$8,117,444$11,192,489
41$13,192,541$9,269,559$8,328,790$12,012,689
42$14,475,683$9,661,270$8,545,307$12,904,708
43$15,887,736$10,070,206$8,767,109$13,875,411
44$17,441,789$10,497,149$8,994,310$14,932,340
45$19,152,260$10,942,918$9,227,028$16,083,789
46$21,035,038$11,408,369$9,465,381$17,338,877
47$23,107,631$11,894,398$9,709,491$18,707,631
48$25,389,330$12,401,944$9,959,479$20,201,079
49$27,901,391$12,931,989$10,215,471$21,831,348
50$30,667,236$13,485,559$10,477,592$23,611,780
51$33,712,674$14,063,732$10,745,971$25,557,049
52$37,066,144$14,667,632$11,020,739$27,683,302
53$40,758,983$15,298,439$11,302,027$30,008,302
54$44,825,724$15,957,386$11,589,969$32,551,597
55$49,304,415$16,645,766$11,884,700$35,334,696
56$54,236,987$17,364,930$12,186,359$38,381,272
57$59,669,642$18,116,293$12,495,084$41,717,377
58$65,653,292$18,901,339$12,811,017$45,371,687
59$72,244,042$19,721,619$13,134,300$49,375,765
60$79,503,713$20,578,757$13,465,077$53,764,358
61$87,500,430$21,474,454$13,803,495$58,575,715
62$96,309,262$22,410,491$14,149,702$63,851,944
63$106,012,936$23,388,733$14,503,845$69,639,408
64$116,702,608$24,411,134$14,866,076$75,989,150
65$128,478,731$25,479,737$15,236,548$82,957,375
66$141,452,002$26,596,684$15,615,412$90,605,969
67$155,744,402$27,764,218$16,002,824$99,003,080
68$171,490,352$28,984,686$16,398,940$108,223,752
69$188,837,980$30,260,547$16,803,917$118,350,628
70$207,950,518$31,594,378$17,217,911$129,474,720
71$229,007,843$32,988,874$17,641,084$141,696,263
72$252,208,176$34,446,862$18,073,593$155,125,651
73$277,769,951$35,971,300$18,515,600$169,884,470
74$305,933,878$37,565,286$18,967,264$186,106,637
75$336,965,215$39,232,066$19,428,749$203,939,656
76$371,156,270$40,975,040$19,900,215$223,545,998
77$408,829,161$42,797,768$20,381,823$245,104,626
78$450,338,858$44,703,981$20,873,737$268,812,673
79$496,076,531$46,697,587$21,376,117$294,887,292
80$546,473,245$48,782,676$21,889,125$323,567,691
81$602,004,027$50,963,538$22,412,921$355,117,384
82$663,192,349$53,244,663$22,947,666$389,826,660
83$730,615,074$55,630,756$23,493,518$428,015,313
84$804,907,895$58,126,747$24,050,634$470,035,647
85$886,771,342$60,737,799$24,619,172$516,275,782
86$976,977,389$63,469,322$25,199,285$567,163,309
87$1,076,376,748$66,326,984$25,791,126$623,169,306
88$1,185,906,893$69,316,722$26,394,845$684,812,768
89$1,306,600,913$72,444,759$27,010,590$752,665,490
90$1,439,597,267$75,717,613$27,638,505$827,357,447
91$1,586,150,524$79,142,112$28,278,731$909,582,717
92$1,747,643,216$82,725,414$28,931,407$1,000,106,018
93$1,925,598,881$86,475,016$29,596,666$1,099,769,903
94$2,121,696,449$90,398,774$30,274,636$1,209,502,694
95$2,337,786,093$94,504,920$30,965,443$1,330,327,216
96$2,575,906,694$98,802,081$31,669,205$1,463,370,438
97$2,838,305,089$103,299,294$32,386,035$1,609,874,076
98$3,127,457,280$108,006,033$33,116,040$1,771,206,298
99$3,446,091,816$112,932,221$33,859,320$1,948,874,605
100$3,797,215,541$118,088,260$34,615,968$2,144,540,036