Can I retire at age 35 with 2,890,000?

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 $2,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$238,653$236,528$234,454$232,429$230,453$221,397
2 years$118,145$115,945$113,812$111,745$109,739$100,726
3 years$77,981$75,771$73,644$71,596$69,623$60,937
4 years$57,903$55,700$53,594$51,581$49,656$41,363
5 years$45,859$43,669$41,591$39,619$37,748$29,868
6 years$37,833$35,659$33,612$31,684$29,868$22,408
7 years$32,102$29,947$27,932$26,049$24,291$17,248
8 years$27,805$25,670$23,688$21,852$20,152$13,518
9 years$24,466$22,350$20,403$18,613$16,971$10,737
10 years$21,795$19,701$17,788$16,044$14,460$8,613
11 years$19,612$17,538$15,660$13,964$12,436$6,964
12 years$17,794$15,741$13,898$12,248$10,777$5,664
13 years$16,257$14,226$12,417$10,813$9,398$4,629
14 years$14,940$12,931$11,156$9,599$8,238$3,798
15 years$13,800$11,812$10,073$8,560$7,253$3,125
16 years$12,804$10,838$9,132$7,665$6,410$2,578
17 years$11,925$9,981$8,310$6,887$5,684$2,132
18 years$11,146$9,223$7,586$6,206$5,054$1,765
19 years$10,449$8,548$6,945$5,608$4,505$1,464
20 years$9,822$7,943$6,374$5,079$4,024$1,215
21 years$9,256$7,399$5,862$4,610$3,601$1,010
22 years$8,742$6,906$5,403$4,191$3,228$840
23 years$8,274$6,459$4,989$3,817$2,897$699
24 years$7,845$6,052$4,614$3,481$2,604$582
25 years$7,451$5,679$4,273$3,179$2,343$484
26 years$7,088$5,338$3,963$2,907$2,111$404
27 years$6,752$5,024$3,680$2,661$1,903$336
28 years$6,441$4,734$3,421$2,438$1,717$280
29 years$6,152$4,466$3,184$2,236$1,551$234
30 years$5,883$4,217$2,966$2,052$1,401$195
31 years$5,631$3,987$2,765$1,884$1,267$163
32 years$5,396$3,772$2,580$1,732$1,146$136
33 years$5,176$3,572$2,409$1,593$1,037$113
34 years$4,968$3,386$2,250$1,465$939$94
35 years$4,774$3,211$2,104$1,349$850$79
36 years$4,590$3,048$1,968$1,242$770$66
37 years$4,417$2,895$1,842$1,145$698$55
38 years$4,253$2,751$1,725$1,055$633$46
39 years$4,098$2,616$1,616$973$574$38
40 years$3,951$2,489$1,515$897$521$32
41 years$3,812$2,369$1,421$828$472$27
42 years$3,679$2,257$1,332$764$429$22
43 years$3,554$2,150$1,250$705$389$19
44 years$3,434$2,049$1,174$651$353$15
45 years$3,320$1,954$1,102$601$321$13
46 years$3,211$1,864$1,035$555$291$11
47 years$3,107$1,779$972$513$264$9
48 years$3,007$1,698$914$474$240$8
49 years$2,913$1,622$859$438$218$6
50 years$2,822$1,549$808$405$198$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,890,000, adding $5,500 every year, while hoping to spend $50,525 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: 68/14/18 Blend
34$2,890,000$2,890,000$2,890,000$2,890,000
35$3,190,453$3,037,283$2,992,488$3,393,079
36$3,462,121$3,132,352$3,038,978$3,624,155
37$3,759,806$3,230,386$3,085,333$3,870,388
38$4,086,108$3,331,476$3,131,493$4,138,483
39$4,443,891$3,435,718$3,177,398$4,430,588
40$4,836,309$3,543,210$3,222,982$4,749,069
41$5,266,837$3,654,052$3,268,176$5,096,533
42$5,739,301$3,768,347$3,312,907$5,475,849
43$6,257,917$3,886,203$3,357,097$5,890,175
44$6,827,328$4,007,731$3,400,663$6,342,994
45$7,452,649$4,133,043$3,443,518$6,838,138
46$8,139,513$4,262,256$3,485,570$7,379,831
47$8,894,129$4,395,492$3,526,722$7,972,722
48$9,723,334$4,532,874$3,566,871$8,621,935
49$10,634,660$4,674,532$3,605,908$9,333,115
50$11,636,408$4,820,596$3,643,718$10,112,478
51$12,737,719$4,971,203$3,680,180$10,966,873
52$13,948,669$5,126,494$3,715,168$11,903,846
53$15,280,353$5,286,612$3,748,547$12,931,711
54$16,745,000$5,451,708$3,780,174$14,059,624
55$18,356,082$5,621,933$3,809,902$15,297,678
56$20,128,442$5,797,447$3,837,573$16,656,988
57$22,078,433$5,978,413$3,863,022$18,149,803
58$24,224,076$6,164,997$3,886,076$19,789,620
59$26,585,224$6,357,375$3,906,552$21,591,307
60$29,183,754$6,555,723$3,924,258$23,571,248
61$32,043,768$6,760,225$3,938,992$25,747,496
62$35,191,828$6,971,071$3,950,543$28,139,942
63$38,657,196$7,188,455$3,958,689$30,770,503
64$42,472,120$7,412,580$3,963,195$33,663,329
65$46,672,131$7,643,650$3,963,816$36,845,032
66$51,296,380$7,881,881$3,960,296$40,344,934
67$56,388,009$8,127,492$3,952,364$44,195,344
68$61,994,555$8,380,708$3,939,737$48,431,869
69$68,168,400$8,641,763$3,922,119$53,093,738
70$74,967,266$8,910,898$3,899,198$58,224,185
71$82,454,754$9,188,360$3,870,649$63,870,846
72$90,700,953$9,474,403$3,836,130$70,086,216
73$99,783,092$9,769,290$3,795,282$76,928,141
74$109,786,274$10,073,292$3,747,731$84,460,365
75$120,804,278$10,386,688$3,693,084$92,753,128
76$132,940,442$10,709,764$3,630,930$101,883,836
77$146,308,640$11,042,815$3,560,839$111,937,783
78$161,034,355$11,386,146$3,482,361$123,008,964
79$177,255,863$11,740,072$3,395,024$135,200,956
80$195,125,540$12,104,913$3,298,335$148,627,898
81$214,811,294$12,481,004$3,191,779$163,415,571
82$236,498,159$12,868,685$3,074,816$179,702,578
83$260,390,032$13,268,311$2,946,883$197,641,662
84$286,711,600$13,680,244$2,807,389$217,401,137
85$315,710,466$14,104,858$2,655,719$239,166,488
86$347,659,475$14,542,538$2,491,227$263,142,111
87$382,859,299$14,993,680$2,313,241$289,553,252
88$421,641,270$15,458,693$2,121,057$318,648,127
89$464,370,507$15,937,996$1,913,940$350,700,267
90$511,449,364$16,432,023$1,691,122$386,011,102
91$563,321,226$16,941,219$1,451,801$424,912,804
92$620,474,694$17,466,042$1,195,140$467,771,422
93$683,448,200$18,006,965$920,264$514,990,344
94$752,835,083$18,564,473$626,260$567,014,097
95$829,289,196$19,139,067$312,174$624,332,548
96$913,531,074$19,731,262$0$687,485,530
97$1,006,354,737$20,341,586$0$757,072,353
98$1,108,635,183$20,970,587$0$833,808,438
99$1,221,336,651$21,618,825$0$918,356,408
100$1,345,521,721$22,286,879$0$1,011,512,602