Can I retire at age 35 with 9,700,000?

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 $9,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$801,017$793,882$786,921$780,126$773,492$761,933
2 years$396,543$389,158$382,000$375,061$368,329$356,710
3 years$261,736$254,319$247,180$240,305$233,683$222,365
4 years$194,346$186,951$179,883$173,126$166,665$155,735
5 years$153,922$146,572$139,597$132,978$126,696$116,186
6 years$126,982$119,687$112,815$106,343$100,250$90,172
7 years$107,746$100,513$93,750$87,431$81,530$71,888
8 years$93,326$86,158$79,507$73,343$67,637$58,429
9 years$82,117$75,016$68,480$62,472$56,960$48,181
10 years$73,154$66,123$59,702$53,852$48,533$40,177
11 years$65,826$58,866$52,561$46,867$41,740$33,798
12 years$59,723$52,835$46,646$41,109$36,171$28,634
13 years$54,564$47,747$41,675$36,293$31,542$24,399
14 years$50,145$43,401$37,446$32,217$27,649$20,889
15 years$46,319$39,647$33,808$28,732$24,345$17,955
16 years$42,975$36,376$30,652$25,726$21,516$15,484
17 years$40,027$33,501$27,892$23,115$19,078$13,391
18 years$37,409$30,956$25,462$20,831$16,963$11,608
19 years$35,070$28,690$23,309$18,823$15,119$10,083
20 years$32,967$26,660$21,392$17,047$13,505$8,774
21 years$31,067$24,833$19,677$15,472$12,085$7,646
22 years$29,342$23,180$18,135$14,067$10,833$6,672
23 years$27,770$21,680$16,744$12,811$9,724$5,828
24 years$26,330$20,313$15,486$11,685$8,740$5,096
25 years$25,008$19,063$14,343$10,671$7,865$4,460
26 years$23,790$17,916$13,302$9,757$7,084$3,906
27 years$22,663$16,861$12,352$8,931$6,387$3,423
28 years$21,619$15,888$11,483$8,183$5,763$3,001
29 years$20,649$14,988$10,686$7,504$5,204$2,633
30 years$19,745$14,155$9,954$6,887$4,702$2,310
31 years$18,901$13,381$9,280$6,325$4,251$2,028
32 years$18,111$12,661$8,658$5,813$3,846$1,781
33 years$17,371$11,990$8,084$5,345$3,480$1,565
34 years$16,676$11,364$7,553$4,918$3,151$1,375
35 years$16,022$10,779$7,062$4,527$2,854$1,209
36 years$15,406$10,231$6,606$4,170$2,586$1,062
37 years$14,824$9,717$6,183$3,842$2,344$934
38 years$14,275$9,234$5,790$3,541$2,125$821
39 years$13,754$8,781$5,425$3,265$1,927$722
40 years$13,261$8,354$5,085$3,011$1,748$635
41 years$12,794$7,953$4,768$2,778$1,586$559
42 years$12,350$7,574$4,472$2,564$1,439$492
43 years$11,927$7,216$4,197$2,367$1,306$433
44 years$11,525$6,879$3,939$2,186$1,185$381
45 years$11,142$6,559$3,699$2,018$1,076$335
46 years$10,776$6,257$3,474$1,864$977$295
47 years$10,428$5,971$3,264$1,723$887$259
48 years$10,094$5,701$3,067$1,592$806$228
49 years$9,776$5,444$2,883$1,471$732$201
50 years$9,471$5,200$2,710$1,360$665$177

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $9,700,000, adding $2,626 every year, while hoping to spend $39,204 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: 66/29/5 Blend
34$9,700,000$9,700,000$9,700,000$9,700,000
35$10,692,109$10,178,009$10,027,659$11,390,790
36$11,740,991$10,635,018$10,321,873$12,311,590
37$12,895,545$11,113,108$10,624,629$13,312,514
38$14,166,509$11,613,268$10,936,172$14,405,277
39$15,565,713$12,136,538$11,256,753$15,598,812
40$17,106,193$12,684,006$11,586,632$16,902,946
41$18,802,316$13,256,813$11,926,075$18,328,488
42$20,669,908$13,856,153$12,275,354$19,887,327
43$22,726,412$14,483,277$12,634,752$21,592,545
44$24,991,046$15,139,499$13,004,557$23,458,533
45$27,484,990$15,826,191$13,385,066$25,501,130
46$30,231,579$16,544,794$13,776,586$27,737,761
47$33,256,528$17,296,817$14,179,430$30,187,606
48$36,588,173$18,083,841$14,593,920$32,871,772
49$40,257,741$18,907,523$15,020,390$35,813,490
50$44,299,637$19,769,598$15,459,180$39,038,333
51$48,751,779$20,671,887$15,910,642$42,574,448
52$53,655,947$21,616,296$16,375,135$46,452,823
53$59,058,182$22,604,823$16,853,030$50,707,571
54$65,009,218$23,639,562$17,344,709$55,376,249
55$71,564,964$24,722,706$17,850,562$60,500,209
56$78,787,028$25,856,556$18,370,993$66,124,979
57$86,743,299$27,043,521$18,906,415$72,300,692
58$95,508,589$28,286,127$19,457,254$79,082,550
59$105,165,339$29,587,022$20,023,946$86,531,343
60$115,804,397$30,948,978$20,606,941$94,714,012
61$127,525,872$32,374,905$21,206,701$103,704,280
62$140,440,085$33,867,849$21,823,699$113,583,334
63$154,668,604$35,431,005$22,458,424$124,440,593
64$170,345,397$37,067,719$23,111,376$136,374,536
65$187,618,091$38,781,501$23,783,071$149,493,633
66$206,649,371$40,576,029$24,474,038$163,917,350
67$227,618,509$42,455,157$25,184,821$179,777,280
68$250,723,063$44,422,925$25,915,978$197,218,368
69$276,180,736$46,483,570$26,668,084$216,400,272
70$304,231,436$48,641,529$27,441,730$237,498,862
71$335,139,535$50,901,457$28,237,520$260,707,869
72$369,196,370$53,268,231$29,056,080$286,240,706
73$406,722,990$55,746,964$29,898,048$314,332,464
74$448,073,185$58,343,015$30,764,082$345,242,129
75$493,636,829$61,062,003$31,654,859$379,255,009
76$543,843,562$63,909,816$32,571,073$416,685,415
77$599,166,838$66,892,630$33,513,437$457,879,617
78$660,128,402$70,016,916$34,482,683$503,219,096
79$727,303,212$73,289,457$35,479,566$553,124,135
80$801,324,866$76,717,367$36,504,858$608,057,766
81$882,891,586$80,308,102$37,559,355$668,530,129
82$972,772,806$84,069,478$38,643,871$735,103,270
83$1,071,816,439$88,009,688$39,759,247$808,396,429
84$1,180,956,877$92,137,325$40,906,344$889,091,866
85$1,301,223,818$96,461,393$42,086,046$977,941,288
86$1,433,751,981$100,991,335$43,299,262$1,075,772,918
87$1,579,791,822$105,737,049$44,546,925$1,183,499,297
88$1,740,721,336$110,708,912$45,829,996$1,302,125,876
89$1,918,059,069$115,917,806$47,149,458$1,432,760,485
90$2,113,478,452$121,375,136$48,506,322$1,576,623,767
91$2,328,823,598$127,092,862$49,901,629$1,735,060,674
92$2,566,126,716$133,083,523$51,336,444$1,909,553,143
93$2,827,627,289$139,360,264$52,811,863$2,101,734,050
94$3,115,793,224$145,936,869$54,329,012$2,313,402,606
95$3,433,344,145$152,827,787$55,889,046$2,546,541,303
96$3,783,277,070$160,048,171$57,493,151$2,803,334,605
97$4,168,894,706$167,613,906$59,142,546$3,086,189,531
98$4,593,836,627$175,541,648$60,838,482$3,397,758,350
99$5,062,113,636$183,848,862$62,582,244$3,740,963,579
100$5,578,145,628$192,553,857$64,375,151$4,119,025,534