Can I retire at age 35 with 7,000,000?

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 $7,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$578,053$572,904$567,881$562,978$558,190$543,154
2 years$286,165$280,836$275,670$270,662$265,805$250,764
3 years$188,882$183,529$178,377$173,416$168,637$154,062
4 years$140,249$134,913$129,813$124,936$120,274$106,276
5 years$111,078$105,774$100,740$95,963$91,430$78,048
6 years$91,636$86,372$81,413$76,743$72,346$59,593
7 years$77,755$72,535$67,655$63,094$58,836$46,713
8 years$67,349$62,176$57,376$52,928$48,810$37,311
9 years$59,259$54,135$49,418$45,083$41,105$30,219
10 years$52,792$47,718$43,084$38,862$35,024$24,736
11 years$47,503$42,480$37,930$33,822$30,122$20,417
12 years$43,099$38,128$33,662$29,666$26,103$16,964
13 years$39,376$34,457$30,075$26,191$22,762$14,169
14 years$36,187$31,320$27,023$23,249$19,953$11,886
15 years$33,426$28,611$24,398$20,734$17,568$10,006
16 years$31,013$26,250$22,120$18,565$15,527$8,448
17 years$28,885$24,176$20,128$16,681$13,767$7,150
18 years$26,996$22,339$18,375$15,033$12,241$6,063
19 years$25,308$20,704$16,821$13,583$10,911$5,151
20 years$23,791$19,239$15,438$12,302$9,746$4,382
21 years$22,420$17,921$14,200$11,165$8,721$3,732
22 years$21,175$16,728$13,087$10,152$7,817$3,182
23 years$20,040$15,645$12,084$9,245$7,017$2,716
24 years$19,001$14,659$11,175$8,432$6,307$2,319
25 years$18,047$13,757$10,351$7,701$5,676$1,982
26 years$17,168$12,929$9,600$7,041$5,112$1,694
27 years$16,355$12,168$8,914$6,445$4,609$1,449
28 years$15,601$11,466$8,287$5,905$4,159$1,240
29 years$14,901$10,816$7,712$5,415$3,756$1,061
30 years$14,249$10,215$7,183$4,970$3,393$909
31 years$13,640$9,657$6,697$4,564$3,068$778
32 years$13,070$9,137$6,248$4,195$2,775$667
33 years$12,536$8,653$5,834$3,857$2,512$571
34 years$12,034$8,201$5,451$3,549$2,274$489
35 years$11,562$7,779$5,096$3,267$2,060$419
36 years$11,118$7,383$4,767$3,009$1,866$359
37 years$10,698$7,012$4,462$2,772$1,691$308
38 years$10,301$6,664$4,179$2,555$1,533$264
39 years$9,926$6,337$3,915$2,356$1,390$226
40 years$9,570$6,029$3,669$2,173$1,261$194
41 years$9,233$5,739$3,441$2,005$1,144$166
42 years$8,912$5,466$3,228$1,850$1,038$143
43 years$8,607$5,208$3,029$1,708$942$122
44 years$8,317$4,964$2,843$1,577$855$105
45 years$8,041$4,734$2,669$1,457$776$90
46 years$7,777$4,516$2,507$1,345$705$77
47 years$7,525$4,309$2,355$1,243$640$66
48 years$7,285$4,114$2,213$1,149$581$57
49 years$7,055$3,928$2,080$1,062$528$49
50 years$6,834$3,753$1,956$981$480$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,000,000, adding $6,083 every year, while hoping to spend $48,132 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: 36/38/26 Blend
34$7,000,000$7,000,000$7,000,000$7,000,000
35$7,720,275$7,349,275$7,240,775$7,937,622
36$8,456,531$7,658,177$7,432,128$8,407,945
37$9,266,271$7,980,602$7,628,280$8,910,521
38$10,156,942$8,317,163$7,829,338$9,452,161
39$11,136,744$8,668,498$8,035,415$10,036,402
40$12,214,716$9,035,278$8,246,625$10,667,129
41$13,400,815$9,418,204$8,463,085$11,348,602
42$14,706,012$9,818,010$8,684,912$12,085,498
43$16,142,396$10,235,464$8,912,227$12,882,952
44$17,723,286$10,671,368$9,145,153$13,746,601
45$19,463,360$11,126,564$9,383,815$14,682,636
46$21,378,789$11,601,932$9,628,339$15,697,859
47$23,487,393$12,098,393$9,878,855$16,799,741
48$25,808,804$12,616,912$10,135,494$17,996,490
49$28,364,659$13,158,497$10,398,390$19,297,128
50$31,178,797$13,724,206$10,667,679$20,711,571
51$34,277,487$14,315,145$10,943,498$22,250,718
52$37,689,674$14,932,471$11,225,989$23,926,552
53$41,447,255$15,577,396$11,515,294$25,752,249
54$45,585,376$16,251,189$11,811,557$27,742,296
55$50,142,766$16,955,179$12,114,926$29,912,627
56$55,162,102$17,690,757$12,425,550$32,280,767
57$60,690,411$18,459,378$12,743,580$34,865,996
58$66,779,512$19,262,567$13,069,170$37,689,519
59$73,486,511$20,101,922$13,402,475$40,774,670
60$80,874,331$20,979,112$13,743,654$44,147,121
61$89,012,314$21,895,889$14,092,867$47,835,121
62$97,976,867$22,854,085$14,450,276$51,869,758
63$107,852,192$23,855,620$14,816,045$56,285,246
64$118,731,073$24,902,503$15,190,340$61,119,240
65$130,715,756$25,996,838$15,573,329$66,413,187
66$143,918,911$27,140,831$15,965,184$72,212,710
67$158,464,697$28,336,789$16,366,075$78,568,033
68$174,489,935$29,587,130$16,776,177$85,534,445
69$192,145,394$30,894,386$17,195,665$93,172,816
70$211,597,222$32,261,208$17,624,716$101,550,165
71$233,028,505$33,690,373$18,063,511$110,740,283
72$256,641,002$35,184,792$18,512,228$120,824,419
73$282,657,047$36,747,509$18,971,051$131,892,041
74$311,321,647$38,381,718$19,440,162$144,041,669
75$342,904,793$40,090,761$19,919,746$157,381,799
76$377,704,014$41,878,140$20,409,989$172,031,910
77$416,047,177$43,747,522$20,911,077$188,123,587
78$458,295,589$45,702,751$21,423,199$205,801,752
79$504,847,405$47,747,852$21,946,542$225,226,014
80$556,141,385$49,887,041$22,481,295$246,572,170
81$612,661,036$52,124,736$23,027,648$270,033,851
82$674,939,178$54,465,564$23,585,791$295,824,333
83$743,562,972$56,914,375$24,155,913$324,178,537
84$819,179,464$59,476,248$24,738,204$355,355,236
85$902,501,689$62,156,504$25,332,854$389,639,479
86$994,315,407$64,960,718$25,940,051$427,345,266
87$1,095,486,519$67,894,734$26,559,983$468,818,496
88$1,206,969,239$70,964,671$27,192,838$514,440,216
89$1,329,815,104$74,176,943$27,838,800$564,630,198
90$1,465,182,900$77,538,268$28,498,055$619,850,884
91$1,614,349,600$81,055,688$29,170,785$680,611,732
92$1,778,722,423$84,736,580$29,857,169$747,474,003
93$1,959,852,112$88,588,674$30,557,386$821,056,037
94$2,159,447,579$92,620,071$31,271,610$902,039,071
95$2,379,392,036$96,839,258$32,000,014$991,173,642
96$2,621,760,773$101,255,132$32,742,764$1,089,286,651
97$2,888,840,750$105,877,011$33,500,025$1,197,289,141
98$3,183,152,187$110,714,665$34,271,956$1,316,184,871
99$3,507,472,355$115,778,329$35,058,711$1,447,079,761
100$3,864,861,798$121,078,729$35,860,440$1,591,192,308