Can I retire at age 35 with 7,300,000?

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 $7,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$602,827$597,458$592,219$587,105$582,112$568,502
2 years$298,429$292,871$287,485$282,262$277,196$263,561
3 years$196,977$191,395$186,022$180,848$175,865$162,631
4 years$146,260$140,695$135,376$130,291$125,428$112,698
5 years$115,838$110,307$105,057$100,076$95,349$83,157
6 years$95,564$90,074$84,902$80,031$75,446$63,807
7 years$81,087$75,644$70,554$65,798$61,358$50,272
8 years$70,235$64,841$59,835$55,197$50,902$40,365
9 years$61,799$56,456$51,536$47,015$42,867$32,870
10 years$55,054$49,763$44,930$40,528$36,525$27,058
11 years$49,539$44,301$39,556$35,271$31,413$22,462
12 years$44,947$39,762$35,105$30,938$27,221$18,773
13 years$41,064$35,933$31,364$27,313$23,738$15,775
14 years$37,738$32,662$28,181$24,246$20,808$13,315
15 years$34,859$29,838$25,443$21,623$18,321$11,280
16 years$32,342$27,376$23,068$19,361$16,192$9,585
17 years$30,123$25,212$20,991$17,396$14,357$8,165
18 years$28,153$23,297$19,162$15,677$12,766$6,971
19 years$26,393$21,591$17,542$14,165$11,378$5,962
20 years$24,810$20,064$16,099$12,830$10,163$5,107
21 years$23,381$18,689$14,808$11,644$9,095$4,380
22 years$22,082$17,445$13,648$10,587$8,153$3,760
23 years$20,899$16,316$12,602$9,642$7,318$3,232
24 years$19,816$15,287$11,654$8,794$6,578$2,779
25 years$18,821$14,346$10,794$8,031$5,919$2,392
26 years$17,904$13,483$10,011$7,343$5,332$2,060
27 years$17,056$12,689$9,296$6,721$4,807$1,775
28 years$16,270$11,957$8,642$6,158$4,337$1,530
29 years$15,540$11,280$8,042$5,647$3,916$1,319
30 years$14,860$10,653$7,491$5,183$3,539$1,138
31 years$14,225$10,070$6,984$4,760$3,199$982
32 years$13,630$9,529$6,516$4,374$2,894$847
33 years$13,073$9,024$6,084$4,023$2,619$731
34 years$12,550$8,552$5,684$3,701$2,371$631
35 years$12,058$8,112$5,314$3,407$2,148$545
36 years$11,594$7,699$4,972$3,138$1,946$471
37 years$11,156$7,313$4,653$2,891$1,764$407
38 years$10,743$6,950$4,358$2,665$1,599$351
39 years$10,351$6,608$4,083$2,457$1,450$303
40 years$9,980$6,287$3,827$2,266$1,315$262
41 years$9,628$5,985$3,588$2,091$1,193$226
42 years$9,294$5,700$3,366$1,930$1,083$196
43 years$8,976$5,431$3,158$1,781$983$169
44 years$8,673$5,177$2,965$1,645$892$146
45 years$8,385$4,936$2,784$1,519$810$126
46 years$8,110$4,709$2,615$1,403$735$109
47 years$7,848$4,494$2,456$1,296$668$94
48 years$7,597$4,290$2,308$1,198$606$81
49 years$7,357$4,097$2,170$1,107$551$70
50 years$7,127$3,913$2,040$1,023$500$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,300,000, adding $6,974 every year, while hoping to spend $37,214 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: 43/27/30 Blend
34$7,300,000$7,300,000$7,300,000$7,300,000
35$8,051,794$7,664,894$7,551,744$8,327,286
36$8,833,481$8,000,878$7,765,132$8,862,160
37$9,693,654$8,352,078$7,984,421$9,437,306
38$10,640,277$8,719,201$8,209,770$10,059,809
39$11,682,129$9,102,986$8,441,341$10,734,088
40$12,828,881$9,504,207$8,679,301$11,464,997
41$14,091,190$9,923,676$8,923,820$12,257,869
42$15,480,798$10,362,242$9,175,074$13,118,563
43$17,010,643$10,820,796$9,433,243$14,053,518
44$18,694,983$11,300,270$9,698,511$15,069,811
45$20,549,527$11,801,639$9,971,067$16,175,221
46$22,591,586$12,325,926$10,251,105$17,378,301
47$24,840,234$12,874,203$10,538,824$18,688,455
48$27,316,490$13,447,590$10,834,426$20,116,024
49$30,043,514$14,047,265$11,138,122$21,672,379
50$33,046,828$14,674,456$11,450,124$23,370,031
51$36,354,555$15,330,455$11,770,654$25,222,738
52$39,997,684$16,016,611$12,099,935$27,245,638
53$44,010,363$16,734,341$12,438,198$29,455,385
54$48,430,222$17,485,126$12,785,680$31,870,303
55$53,298,728$18,270,520$13,142,623$34,510,557
56$58,661,572$19,092,150$13,509,275$37,398,336
57$64,569,108$19,951,720$13,885,891$40,558,063
58$71,076,819$20,851,017$14,272,731$44,016,615
59$78,245,850$21,791,912$14,670,063$47,803,580
60$86,143,577$22,776,366$15,078,160$51,951,525
61$94,844,246$23,806,432$15,497,303$56,496,301
62$104,429,675$24,884,263$15,927,779$61,477,378
63$114,990,024$26,012,115$16,369,882$66,938,208
64$126,624,648$27,192,349$16,823,914$72,926,634
65$139,443,031$28,427,443$17,290,183$79,495,335
66$153,565,822$29,719,991$17,769,007$86,702,315
67$169,125,977$31,072,710$18,260,709$94,611,445
68$186,270,004$32,488,451$18,765,621$103,293,061
69$205,159,358$33,970,199$19,284,083$112,824,621
70$225,971,955$35,521,081$19,816,442$123,291,425
71$248,903,856$37,144,376$20,363,055$134,787,419
72$274,171,119$38,843,519$20,924,286$147,416,071
73$302,011,833$40,622,112$21,500,510$161,291,336
74$332,688,370$42,483,926$22,092,107$176,538,730
75$366,489,861$44,432,915$22,699,470$193,296,502
76$403,734,924$46,473,225$23,322,999$211,716,930
77$444,774,670$48,609,197$23,963,104$231,967,750
78$489,996,023$50,845,384$24,620,204$254,233,727
79$539,825,364$53,186,555$25,294,728$278,718,393
80$594,732,566$55,637,711$25,987,116$305,645,953
81$655,235,420$58,204,091$26,697,817$335,263,392
82$721,904,530$60,891,188$27,427,290$367,842,795
83$795,368,694$63,704,758$28,176,007$403,683,899
84$876,320,845$66,650,836$28,944,447$443,116,918
85$965,524,588$69,735,744$29,733,103$486,505,636
86$1,063,821,412$72,966,112$30,542,478$534,250,836
87$1,172,138,632$76,348,887$31,373,087$586,794,062
88$1,291,498,143$79,891,352$32,225,456$644,621,776
89$1,423,026,066$83,601,142$33,100,121$708,269,932
90$1,567,963,384$87,486,257$33,997,635$778,329,018
91$1,727,677,652$91,555,085$34,918,557$855,449,614
92$1,903,675,907$95,816,420$35,863,464$940,348,514
93$2,097,618,901$100,279,476$36,832,942$1,033,815,475
94$2,311,336,775$104,953,916$37,827,591$1,136,720,650
95$2,546,846,334$109,849,866$38,848,024$1,250,022,781
96$2,806,370,096$114,977,945$39,894,868$1,374,778,232
97$3,092,357,261$120,349,280$40,968,762$1,512,150,933
98$3,407,506,847$125,975,540$42,070,360$1,663,423,347
99$3,754,793,158$131,868,954$43,200,330$1,830,008,550
100$4,137,493,872$138,042,345$44,359,354$2,013,463,546