Can I retire at age 35 with 2,900,000?

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 $2,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$239,479$237,346$235,265$233,234$231,250$227,046
2 years$118,554$116,346$114,206$112,132$110,119$105,898
3 years$78,251$76,033$73,899$71,844$69,864$65,758
4 years$58,103$55,893$53,780$51,759$49,828$45,868
5 years$46,018$43,821$41,735$39,756$37,878$34,077
6 years$37,964$35,783$33,728$31,793$29,972$26,333
7 years$32,213$30,050$28,028$26,139$24,375$20,899
8 years$27,902$25,759$23,770$21,927$20,221$16,908
9 years$24,550$22,428$20,473$18,677$17,029$13,877
10 years$21,871$19,769$17,849$16,100$14,510$11,515
11 years$19,680$17,599$15,714$14,012$12,479$9,638
12 years$17,855$15,796$13,946$12,290$10,814$8,123
13 years$16,313$14,275$12,460$10,850$9,430$6,886
14 years$14,992$12,975$11,195$9,632$8,266$5,863
15 years$13,848$11,853$10,108$8,590$7,278$5,012
16 years$12,848$10,875$9,164$7,691$6,433$4,298
17 years$11,967$10,016$8,339$6,911$5,704$3,696
18 years$11,184$9,255$7,612$6,228$5,071$3,186
19 years$10,485$8,577$6,969$5,627$4,520$2,751
20 years$9,856$7,970$6,396$5,097$4,038$2,379
21 years$9,288$7,424$5,883$4,626$3,613$2,061
22 years$8,772$6,930$5,422$4,206$3,239$1,787
23 years$8,302$6,482$5,006$3,830$2,907$1,552
24 years$7,872$6,073$4,630$3,493$2,613$1,348
25 years$7,477$5,699$4,288$3,190$2,351$1,173
26 years$7,112$5,356$3,977$2,917$2,118$1,020
27 years$6,776$5,041$3,693$2,670$1,910$888
28 years$6,463$4,750$3,433$2,446$1,723$774
29 years$6,173$4,481$3,195$2,243$1,556$675
30 years$5,903$4,232$2,976$2,059$1,406$588
31 years$5,651$4,001$2,774$1,891$1,271$513
32 years$5,415$3,785$2,588$1,738$1,150$447
33 years$5,193$3,585$2,417$1,598$1,040$390
34 years$4,986$3,398$2,258$1,470$942$341
35 years$4,790$3,223$2,111$1,354$853$298
36 years$4,606$3,059$1,975$1,247$773$260
37 years$4,432$2,905$1,849$1,149$701$227
38 years$4,268$2,761$1,731$1,059$635$198
39 years$4,112$2,625$1,622$976$576$173
40 years$3,965$2,498$1,520$900$522$151
41 years$3,825$2,378$1,425$831$474$132
42 years$3,692$2,264$1,337$767$430$115
43 years$3,566$2,157$1,255$708$390$101
44 years$3,446$2,056$1,178$653$354$88
45 years$3,331$1,961$1,106$603$322$77
46 years$3,222$1,871$1,039$557$292$67
47 years$3,118$1,785$976$515$265$59
48 years$3,018$1,704$917$476$241$51
49 years$2,923$1,628$862$440$219$45
50 years$2,831$1,555$810$406$199$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,900,000, adding $3,728 every year, while hoping to spend $28,622 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: 85/7/8 Blend
34$2,900,000$2,900,000$2,900,000$2,900,000
35$3,199,645$3,045,945$3,000,995$3,468,537
36$3,495,556$3,164,743$3,071,075$3,763,417
37$3,820,689$3,288,403$3,142,543$4,083,048
38$4,177,997$3,417,132$3,215,416$4,433,308
39$4,570,730$3,551,148$3,289,710$4,817,259
40$5,002,469$3,690,679$3,365,439$5,238,273
41$5,477,159$3,835,960$3,442,619$5,700,065
42$5,999,147$3,987,240$3,521,265$6,206,726
43$6,573,222$4,144,777$3,601,390$6,762,763
44$7,204,661$4,308,842$3,683,007$7,373,138
45$7,899,278$4,479,717$3,766,129$8,043,319
46$8,663,477$4,657,696$3,850,767$8,779,329
47$9,504,317$4,843,088$3,936,933$9,587,803
48$10,429,573$5,036,214$4,024,635$10,476,048
49$11,447,813$5,237,413$4,113,884$11,452,116
50$12,568,478$5,447,034$4,204,688$12,524,876
51$13,801,970$5,665,446$4,297,052$13,704,100
52$15,159,751$5,893,033$4,390,983$15,000,553
53$16,654,449$6,130,195$4,486,485$16,426,094
54$18,299,982$6,377,354$4,583,561$17,993,790
55$20,111,682$6,634,946$4,682,213$19,718,037
56$22,106,447$6,903,432$4,782,440$21,614,696
57$24,302,894$7,183,289$4,884,241$23,701,240
58$26,721,539$7,475,020$4,987,612$25,996,924
59$29,384,987$7,779,147$5,092,549$28,522,960
60$32,318,149$8,096,219$5,199,043$31,302,723
61$35,548,475$8,426,808$5,307,085$34,361,964
62$39,106,211$8,771,513$5,416,664$37,729,060
63$43,024,688$9,130,961$5,527,765$41,435,277
64$47,340,632$9,505,804$5,640,372$45,515,063
65$52,094,518$9,896,729$5,754,465$50,006,378
66$57,330,941$10,304,452$5,870,023$54,951,048
67$63,099,047$10,729,720$5,987,018$60,395,160
68$69,452,991$11,173,317$6,105,425$66,389,495
69$76,452,450$11,636,063$6,225,210$72,990,011
70$84,163,183$12,118,814$6,346,338$80,258,366
71$92,657,658$12,622,466$6,468,770$88,262,502
72$102,015,729$13,147,957$6,592,464$97,077,285
73$112,325,393$13,696,266$6,717,372$106,785,209
74$123,683,621$14,268,421$6,843,441$117,477,178
75$136,197,271$14,865,494$6,970,617$129,253,361
76$149,984,097$15,488,609$7,098,838$142,224,137
77$165,173,863$16,138,939$7,228,037$156,511,135
78$181,909,564$16,817,714$7,358,143$172,248,383
79$200,348,778$17,526,220$7,489,079$189,583,573
80$220,665,151$18,265,802$7,620,761$208,679,452
81$243,050,039$19,037,869$7,753,099$229,715,360
82$267,714,313$19,843,894$7,885,998$252,888,919
83$294,890,347$20,685,420$8,019,353$278,417,901
84$324,834,216$21,564,059$8,153,055$306,542,278
85$357,828,109$22,481,500$8,286,985$337,526,493
86$394,182,994$23,439,512$8,421,017$371,661,949
87$434,241,555$24,439,943$8,555,016$409,269,764
88$478,381,423$25,484,730$8,688,839$450,703,794
89$527,018,746$26,575,899$8,822,333$496,353,983
90$580,612,111$27,715,572$8,955,334$546,650,032
91$639,666,880$28,905,969$9,087,672$602,065,462
92$704,739,954$30,149,413$9,219,161$663,122,078
93$776,445,034$31,448,339$9,349,607$730,394,897
94$855,458,412$32,805,292$9,478,803$804,517,573
95$942,525,358$34,222,940$9,606,531$886,188,378
96$1,038,467,154$35,704,073$9,732,559$976,176,792
97$1,144,188,845$37,251,614$9,856,642$1,075,330,768
98$1,260,687,787$38,868,623$9,978,519$1,184,584,732
99$1,389,063,060$40,558,304$10,097,918$1,304,968,403
100$1,530,525,841$42,324,010$10,214,547$1,437,616,518