Can I retire at age 35 with 7,400,000?

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 $7,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$611,085$605,642$600,331$595,148$590,086$577,229
2 years$302,517$296,883$291,423$286,129$280,994$268,104
3 years$199,675$194,016$188,570$183,325$178,274$165,756
4 years$148,264$142,623$137,231$132,076$127,146$115,095
5 years$117,425$111,818$106,497$101,447$96,655$85,105
6 years$96,873$91,308$86,065$81,128$76,480$65,443
7 years$82,198$76,680$71,520$66,700$62,198$51,678
8 years$71,197$65,729$60,655$55,953$51,600$41,591
9 years$62,646$57,229$52,242$47,659$43,454$33,950
10 years$55,808$50,444$45,546$41,083$37,025$28,016
11 years$50,218$44,908$40,098$35,754$31,843$23,317
12 years$45,562$40,307$35,586$31,361$27,594$19,538
13 years$41,626$36,426$31,794$27,687$24,063$16,462
14 years$38,255$33,110$28,567$24,578$21,093$13,933
15 years$35,336$30,246$25,792$21,919$18,572$11,836
16 years$32,785$27,751$23,384$19,626$16,414$10,086
17 years$30,536$25,557$21,279$17,634$14,554$8,617
18 years$28,539$23,616$19,425$15,892$12,941$7,378
19 years$26,754$21,887$17,782$14,360$11,534$6,329
20 years$25,150$20,339$16,320$13,005$10,303$5,438
21 years$23,701$18,945$15,011$11,803$9,220$4,678
22 years$22,385$17,684$13,835$10,732$8,264$4,029
23 years$21,185$16,540$12,774$9,774$7,418$3,473
24 years$20,087$15,496$11,814$8,914$6,668$2,997
25 years$19,078$14,543$10,942$8,141$6,000$2,587
26 years$18,149$13,668$10,148$7,444$5,405$2,235
27 years$17,289$12,863$9,423$6,813$4,873$1,932
28 years$16,493$12,121$8,760$6,242$4,397$1,671
29 years$15,753$11,434$8,152$5,724$3,970$1,446
30 years$15,063$10,799$7,594$5,254$3,587$1,251
31 years$14,419$10,208$7,079$4,825$3,243$1,083
32 years$13,817$9,659$6,605$4,434$2,934$938
33 years$13,252$9,147$6,167$4,078$2,655$812
34 years$12,722$8,670$5,762$3,752$2,404$704
35 years$12,223$8,223$5,387$3,454$2,177$610
36 years$11,753$7,805$5,040$3,181$1,973$528
37 years$11,309$7,413$4,717$2,931$1,788$458
38 years$10,890$7,045$4,417$2,701$1,621$397
39 years$10,493$6,699$4,139$2,491$1,470$344
40 years$10,117$6,373$3,879$2,297$1,333$298
41 years$9,760$6,067$3,637$2,120$1,210$258
42 years$9,421$5,778$3,412$1,956$1,098$224
43 years$9,099$5,505$3,202$1,806$996$194
44 years$8,792$5,248$3,005$1,667$904$168
45 years$8,500$5,004$2,822$1,540$821$146
46 years$8,221$4,774$2,650$1,422$745$127
47 years$7,955$4,556$2,490$1,314$677$110
48 years$7,701$4,349$2,340$1,214$615$95
49 years$7,458$4,153$2,199$1,122$558$83
50 years$7,225$3,967$2,068$1,037$507$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $7,400,000, adding $6,589 every year, while hoping to spend $47,589 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: 46/41/13 Blend
34$7,400,000$7,400,000$7,400,000$7,400,000
35$8,161,597$7,769,397$7,654,697$8,506,778
36$8,943,445$8,099,463$7,860,495$9,076,819
37$9,803,447$8,444,107$8,071,592$9,689,475
38$10,749,524$8,803,994$8,288,116$10,353,053
39$11,790,404$9,179,818$8,510,196$11,072,293
40$12,935,703$9,572,307$8,737,965$11,852,400
41$14,196,017$9,982,222$8,971,559$12,699,093
42$15,583,021$10,410,361$9,211,116$13,618,649
43$17,109,577$10,857,557$9,456,777$14,617,969
44$18,789,861$11,324,684$9,708,686$15,704,631
45$20,639,490$11,812,656$9,966,990$16,886,967
46$22,675,672$12,322,431$10,231,838$18,174,132
47$24,917,370$12,855,009$10,503,384$19,576,189
48$27,385,477$13,411,440$10,781,783$21,104,202
49$30,103,017$13,992,823$11,067,195$22,770,336
50$33,095,360$14,600,305$11,359,780$24,587,967
51$36,390,459$15,235,093$11,659,706$26,571,806
52$40,019,119$15,898,445$11,967,138$28,738,034
53$44,015,282$16,591,682$12,282,250$31,104,447
54$48,416,351$17,316,185$12,605,216$33,690,623
55$53,263,542$18,073,401$12,936,214$36,518,103
56$58,602,271$18,864,846$13,275,425$39,610,584
57$64,482,585$19,692,105$13,623,034$42,994,143
58$70,959,632$20,556,841$13,979,229$46,697,477
59$78,094,181$21,460,794$14,344,201$50,752,165
60$85,953,200$22,405,785$14,718,144$55,192,963
61$94,610,482$23,393,724$15,101,256$60,058,128
62$104,147,342$24,426,608$15,493,740$65,389,765
63$114,653,391$25,506,531$15,895,800$71,234,229
64$126,227,371$26,635,685$16,307,643$77,642,545
65$138,978,096$27,816,367$16,729,483$84,670,890
66$153,025,475$29,050,982$17,161,533$92,381,111
67$168,501,642$30,342,049$17,604,013$100,841,302
68$185,552,206$31,692,206$18,057,144$110,126,441
69$204,337,625$33,104,218$18,521,153$120,319,087
70$225,034,718$34,580,980$18,996,267$131,510,149
71$247,838,336$36,125,525$19,482,719$143,799,736
72$272,963,201$37,741,030$19,980,744$157,298,095
73$300,645,931$39,430,824$20,490,582$172,126,634
74$331,147,274$41,198,393$21,012,475$188,419,066
75$364,754,571$43,047,389$21,546,668$206,322,654
76$401,784,466$44,981,640$22,093,411$225,999,589
77$442,585,896$47,005,155$22,652,954$247,628,515
78$487,543,383$49,122,133$23,225,554$271,406,193
79$537,080,666$51,336,976$23,811,468$297,549,353
80$591,664,700$53,654,293$24,410,958$326,296,723
81$651,810,062$56,078,916$25,024,288$357,911,265
82$718,083,811$58,615,906$25,651,724$392,682,647
83$791,110,840$61,270,565$26,293,537$430,929,956
84$871,579,774$64,048,451$26,949,998$473,004,697
85$960,249,471$66,955,386$27,621,384$519,294,092
86$1,057,956,187$69,997,470$28,307,971$570,224,717
87$1,165,621,469$73,181,096$29,010,038$626,266,510
88$1,284,260,852$76,512,963$29,727,867$687,937,186
89$1,414,993,451$80,000,091$30,461,743$755,807,105
90$1,559,052,522$83,649,834$31,211,950$830,504,630
91$1,717,797,105$87,469,901$31,978,776$912,722,041
92$1,892,724,853$91,468,371$32,762,509$1,003,222,043
93$2,085,486,175$95,653,707$33,563,440$1,102,844,938
94$2,297,899,807$100,034,782$34,381,858$1,212,516,539
95$2,531,969,993$104,620,891$35,218,055$1,333,256,872
96$2,789,905,396$109,421,779$36,072,324$1,466,189,786
97$3,074,139,957$114,447,656$36,944,957$1,612,553,522
98$3,387,355,864$119,709,223$37,836,245$1,773,712,382
99$3,732,508,884$125,217,697$38,746,481$1,951,169,563
100$4,112,856,258$130,984,831$39,675,956$2,146,581,324