Can I retire at age 35 with 7,100,000?

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$586,311$581,089$575,993$571,020$566,164$554,960
2 years$290,253$284,847$279,608$274,529$269,602$258,361
3 years$191,580$186,151$180,925$175,893$171,047$160,120
4 years$142,253$136,841$131,667$126,721$121,992$111,463
5 years$112,665$107,285$102,179$97,334$92,736$82,636
6 years$92,945$87,606$82,576$77,839$73,379$63,718
7 years$78,866$73,571$68,621$63,996$59,677$50,457
8 years$68,311$63,064$58,196$53,684$49,508$40,727
9 years$60,106$54,909$50,124$45,727$41,693$33,345
10 years$53,546$48,399$43,699$39,417$35,524$27,601
11 years$48,182$43,087$38,472$34,305$30,552$23,044
12 years$43,715$38,673$34,143$30,090$26,476$19,373
13 years$39,939$34,949$30,505$26,565$23,087$16,377
14 years$36,704$31,768$27,409$23,581$20,238$13,908
15 years$33,904$29,020$24,746$21,030$17,819$11,856
16 years$31,456$26,625$22,436$18,830$15,749$10,139
17 years$29,298$24,521$20,416$16,919$13,964$8,694
18 years$27,382$22,659$18,637$15,247$12,416$7,471
19 years$25,670$21,000$17,061$13,777$11,067$6,432
20 years$24,131$19,514$15,658$12,478$9,885$5,547
21 years$22,740$18,177$14,402$11,325$8,846$4,790
22 years$21,477$16,967$13,274$10,297$7,929$4,142
23 years$20,326$15,869$12,256$9,377$7,118$3,584
24 years$19,273$14,868$11,335$8,553$6,398$3,105
25 years$18,305$13,953$10,498$7,811$5,757$2,691
26 years$17,413$13,114$9,737$7,142$5,186$2,335
27 years$16,589$12,341$9,041$6,537$4,675$2,026
28 years$15,824$11,629$8,405$5,989$4,218$1,759
29 years$15,114$10,971$7,822$5,492$3,809$1,528
30 years$14,453$10,361$7,286$5,041$3,442$1,328
31 years$13,835$9,794$6,792$4,629$3,112$1,154
32 years$13,257$9,268$6,337$4,255$2,815$1,004
33 years$12,715$8,777$5,917$3,912$2,547$873
34 years$12,206$8,318$5,529$3,600$2,306$759
35 years$11,728$7,890$5,169$3,314$2,089$661
36 years$11,276$7,488$4,835$3,052$1,893$575
37 years$10,851$7,112$4,526$2,812$1,715$500
38 years$10,448$6,759$4,238$2,592$1,555$436
39 years$10,068$6,427$3,971$2,390$1,410$379
40 years$9,707$6,115$3,722$2,204$1,279$330
41 years$9,364$5,821$3,490$2,034$1,161$287
42 years$9,039$5,544$3,274$1,877$1,053$250
43 years$8,730$5,282$3,072$1,733$956$218
44 years$8,436$5,035$2,883$1,600$867$190
45 years$8,155$4,801$2,707$1,477$788$165
46 years$7,888$4,580$2,543$1,365$715$144
47 years$7,633$4,371$2,389$1,261$649$125
48 years$7,389$4,173$2,245$1,165$590$109
49 years$7,155$3,985$2,110$1,077$536$95
50 years$6,932$3,806$1,984$995$486$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,100,000, adding $5,105 every year, while hoping to spend $53,179 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: 68/5/27 Blend
34$7,100,000$7,100,000$7,100,000$7,100,000
35$7,829,466$7,453,166$7,343,116$8,306,641
36$8,571,489$7,761,789$7,532,528$8,936,726
37$9,387,417$8,083,752$7,726,503$9,619,309
38$10,284,730$8,419,653$7,925,138$10,364,914
39$11,271,674$8,770,117$8,128,531$11,179,781
40$12,357,329$9,135,797$8,336,782$12,070,777
41$13,551,704$9,517,378$8,549,991$13,045,466
42$14,865,823$9,915,575$8,768,261$14,112,175
43$16,311,836$10,331,137$8,991,697$15,280,077
44$17,903,127$10,764,847$9,220,403$16,559,274
45$19,654,446$11,217,525$9,454,486$17,960,890
46$21,582,043$11,690,027$9,694,055$19,497,178
47$23,703,825$12,183,252$9,939,219$21,181,634
48$26,039,521$12,698,138$10,190,090$23,029,124
49$28,610,873$13,235,667$10,446,778$25,056,022
50$31,441,835$13,796,867$10,709,398$27,280,366
51$34,558,804$14,382,816$10,978,065$29,722,023
52$37,990,865$14,994,637$11,252,893$32,402,882
53$41,770,070$15,633,510$11,534,001$35,347,053
54$45,931,733$16,300,668$11,821,506$38,581,101
55$50,514,771$16,997,403$12,115,528$42,134,287
56$55,562,066$17,725,064$12,416,187$46,038,851
57$61,120,871$18,485,066$12,723,604$50,330,311
58$67,243,256$19,278,890$13,037,900$55,047,796
59$73,986,598$20,108,086$13,359,199$60,234,420
60$81,414,123$20,974,274$13,687,625$65,937,681
61$89,595,504$21,879,154$14,023,300$72,209,914
62$98,607,515$22,824,502$14,366,351$79,108,778
63$108,534,760$23,812,181$14,716,902$86,697,804
64$119,470,466$24,844,139$15,075,079$95,046,991
65$131,517,367$25,922,414$15,441,007$104,233,466
66$144,788,670$27,049,145$15,814,813$114,342,210
67$159,409,127$28,226,565$16,196,621$125,466,858
68$175,516,209$29,457,018$16,586,559$137,710,586
69$193,261,405$30,742,954$16,984,751$151,187,075
70$212,811,650$32,086,942$17,391,323$166,021,593
71$234,350,905$33,491,668$17,806,399$182,352,165
72$258,081,887$34,959,949$18,230,103$200,330,884
73$284,227,985$36,494,732$18,662,557$220,125,337
74$313,035,370$38,099,105$19,103,883$241,920,193
75$344,775,316$39,776,300$19,554,202$265,918,935
76$379,746,763$41,529,703$20,013,632$292,345,789
77$418,279,135$43,362,860$20,482,290$321,447,831
78$460,735,452$45,279,485$20,960,292$353,497,322
79$507,515,756$47,283,468$21,447,750$388,794,273
80$559,060,888$49,378,883$21,944,775$427,669,277
81$615,856,647$51,569,997$22,451,473$470,486,626
82$678,438,377$53,861,279$22,967,950$517,647,752
83$747,396,021$56,257,411$23,494,306$569,595,006
84$823,379,688$58,763,297$24,030,638$626,815,840
85$907,105,791$61,384,073$24,577,039$689,847,401
86$999,363,810$64,125,121$25,133,597$759,281,601
87$1,101,023,743$66,992,076$25,700,398$835,770,703
88$1,213,044,321$69,990,845$26,277,518$920,033,472
89$1,336,482,058$73,127,612$26,865,030$1,012,861,963
90$1,472,501,220$76,408,858$27,463,001$1,115,128,991
91$1,622,384,824$79,841,371$28,071,492$1,227,796,369
92$1,787,546,743$83,432,265$28,690,553$1,351,923,987
93$1,969,545,056$87,188,991$29,320,232$1,488,679,810
94$2,170,096,756$91,119,356$29,960,563$1,639,350,904
95$2,391,093,959$95,231,538$30,611,576$1,805,355,585
96$2,634,621,768$99,534,109$31,273,289$1,988,256,800
97$2,902,977,955$104,036,046$31,945,711$2,189,776,881
98$3,198,694,652$108,746,759$32,628,839$2,411,813,802
99$3,524,562,261$113,676,105$33,322,659$2,656,459,090
100$3,883,655,790$118,834,412$34,027,146$2,926,017,571