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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.1%
1 years$238,653$236,528$234,454$232,429$230,453$222,011
2 years$118,145$115,945$113,812$111,745$109,739$101,329
3 years$77,981$75,771$73,644$71,596$69,623$61,508
4 years$57,903$55,700$53,594$51,581$49,656$41,898
5 years$45,859$43,669$41,591$39,619$37,748$30,367
6 years$37,833$35,659$33,612$31,684$29,868$22,870
7 years$32,102$29,947$27,932$26,049$24,291$17,674
8 years$27,805$25,670$23,688$21,852$20,152$13,910
9 years$24,466$22,350$20,403$18,613$16,971$11,095
10 years$21,795$19,701$17,788$16,044$14,460$8,941
11 years$19,612$17,538$15,660$13,964$12,436$7,262
12 years$17,794$15,741$13,898$12,248$10,777$5,934
13 years$16,257$14,226$12,417$10,813$9,398$4,873
14 years$14,940$12,931$11,156$9,599$8,238$4,017
15 years$13,800$11,812$10,073$8,560$7,253$3,323
16 years$12,804$10,838$9,132$7,665$6,410$2,755
17 years$11,925$9,981$8,310$6,887$5,684$2,290
18 years$11,146$9,223$7,586$6,206$5,054$1,906
19 years$10,449$8,548$6,945$5,608$4,505$1,589
20 years$9,822$7,943$6,374$5,079$4,024$1,326
21 years$9,256$7,399$5,862$4,610$3,601$1,108
22 years$8,742$6,906$5,403$4,191$3,228$926
23 years$8,274$6,459$4,989$3,817$2,897$775
24 years$7,845$6,052$4,614$3,481$2,604$649
25 years$7,451$5,679$4,273$3,179$2,343$543
26 years$7,088$5,338$3,963$2,907$2,111$455
27 years$6,752$5,024$3,680$2,661$1,903$382
28 years$6,441$4,734$3,421$2,438$1,717$320
29 years$6,152$4,466$3,184$2,236$1,551$268
30 years$5,883$4,217$2,966$2,052$1,401$225
31 years$5,631$3,987$2,765$1,884$1,267$189
32 years$5,396$3,772$2,580$1,732$1,146$158
33 years$5,176$3,572$2,409$1,593$1,037$133
34 years$4,968$3,386$2,250$1,465$939$112
35 years$4,774$3,211$2,104$1,349$850$94
36 years$4,590$3,048$1,968$1,242$770$79
37 years$4,417$2,895$1,842$1,145$698$66
38 years$4,253$2,751$1,725$1,055$633$55
39 years$4,098$2,616$1,616$973$574$46
40 years$3,951$2,489$1,515$897$521$39
41 years$3,812$2,369$1,421$828$472$33
42 years$3,679$2,257$1,332$764$429$28
43 years$3,554$2,150$1,250$705$389$23
44 years$3,434$2,049$1,174$651$353$19
45 years$3,320$1,954$1,102$601$321$16
46 years$3,211$1,864$1,035$555$291$14
47 years$3,107$1,779$972$513$264$11
48 years$3,007$1,698$914$474$240$10
49 years$2,913$1,622$859$438$218$8
50 years$2,822$1,549$808$405$198$7

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 $4,842 every year, while hoping to spend $23,398 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: 41/30/29 Blend
34$2,890,000$2,890,000$2,890,000$2,890,000
35$3,189,775$3,036,605$2,991,810$3,293,183
36$3,490,236$3,160,503$3,067,140$3,492,486
37$3,820,561$3,289,688$3,144,210$3,705,538
38$4,183,770$3,424,394$3,223,052$3,935,719
39$4,583,191$3,564,867$3,303,702$4,184,620
40$5,022,493$3,711,362$3,386,192$4,453,988
41$5,505,717$3,864,147$3,470,558$4,745,744
42$6,037,313$4,023,504$3,556,835$5,061,998
43$6,622,187$4,189,724$3,645,058$5,405,070
44$7,265,744$4,363,114$3,735,261$5,777,508
45$7,973,939$4,543,996$3,827,481$6,182,114
46$8,753,333$4,732,704$3,921,754$6,621,970
47$9,611,156$4,929,590$4,018,116$7,100,464
48$10,555,374$5,135,020$4,116,603$7,621,320
49$11,594,765$5,349,378$4,217,251$8,188,637
50$12,738,999$5,573,066$4,320,098$8,806,922
51$13,998,735$5,806,504$4,425,179$9,481,134
52$15,385,715$6,050,132$4,532,532$10,216,727
53$16,912,879$6,304,410$4,642,193$11,019,703
54$18,594,486$6,569,818$4,754,199$11,896,669
55$20,446,245$6,846,861$4,868,587$12,854,891
56$22,485,471$7,136,066$4,985,393$13,902,369
57$24,731,239$7,437,984$5,104,654$15,047,906
58$27,204,572$7,753,191$5,226,406$16,301,193
59$29,928,633$8,082,292$5,350,685$17,672,898
60$32,928,947$8,425,918$5,477,527$19,174,762
61$36,233,643$8,784,732$5,606,968$20,819,713
62$39,873,716$9,159,425$5,739,042$22,621,983
63$43,883,319$9,550,721$5,873,784$24,597,244
64$48,300,090$9,959,379$6,011,229$26,762,748
65$53,165,503$10,386,192$6,151,409$29,137,495
66$58,525,261$10,831,991$6,294,357$31,742,405
67$64,429,725$11,297,646$6,440,105$34,600,516
68$70,934,393$11,784,068$6,588,685$37,737,200
69$78,100,422$12,292,208$6,740,127$41,180,397
70$85,995,204$12,823,065$6,894,460$44,960,878
71$94,693,003$13,377,683$7,051,712$49,112,535
72$104,275,655$13,957,155$7,211,910$53,672,697
73$114,833,342$14,562,626$7,375,080$58,682,476
74$126,465,443$15,195,295$7,541,245$64,187,158
75$139,281,470$15,856,416$7,710,429$70,236,626
76$153,402,103$16,547,304$7,882,651$76,885,825
77$168,960,329$17,269,333$8,057,932$84,195,279
78$186,102,698$18,023,945$8,236,287$92,231,661
79$204,990,703$18,812,649$8,417,733$101,068,418
80$225,802,308$19,637,022$8,602,281$110,786,457
81$248,733,628$20,498,721$8,789,942$121,474,911
82$274,000,777$21,399,477$8,980,724$133,231,971
83$301,841,909$22,341,104$9,174,630$146,165,814
84$332,519,467$23,325,501$9,371,664$160,395,616
85$366,322,661$24,354,659$9,571,823$176,052,672
86$403,570,196$25,430,662$9,775,103$193,281,635
87$444,613,283$26,555,691$9,981,496$212,241,873
88$489,838,951$27,732,033$10,190,989$233,108,970
89$539,673,703$28,962,082$10,403,566$256,076,377
90$594,587,542$30,248,345$10,619,207$281,357,234
91$655,098,407$31,593,449$10,837,886$309,186,376
92$721,777,062$33,000,146$11,059,573$339,822,543
93$795,252,487$34,471,318$11,284,233$373,550,816
94$876,217,811$36,009,983$11,511,826$410,685,304
95$965,436,860$37,619,304$11,742,304$451,572,099
96$1,063,751,364$39,302,594$11,975,615$496,592,541
97$1,172,088,906$41,063,324$12,211,701$546,166,803
98$1,291,471,676$42,905,129$12,450,495$600,757,857
99$1,423,026,125$44,831,818$12,691,924$660,875,832
100$1,567,993,594$46,847,381$12,935,908$727,082,824