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

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 $2,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$239,479$237,346$235,265$233,234$231,250$225,935
2 years$118,554$116,346$114,206$112,132$110,119$104,794
3 years$78,251$76,033$73,899$71,844$69,864$64,695
4 years$58,103$55,893$53,780$51,759$49,828$44,854
5 years$46,018$43,821$41,735$39,756$37,878$33,114
6 years$37,964$35,783$33,728$31,793$29,972$25,422
7 years$32,213$30,050$28,028$26,139$24,375$20,041
8 years$27,902$25,759$23,770$21,927$20,221$16,101
9 years$24,550$22,428$20,473$18,677$17,029$13,119
10 years$21,871$19,769$17,849$16,100$14,510$10,806
11 years$19,680$17,599$15,714$14,012$12,479$8,976
12 years$17,855$15,796$13,946$12,290$10,814$7,507
13 years$16,313$14,275$12,460$10,850$9,430$6,313
14 years$14,992$12,975$11,195$9,632$8,266$5,332
15 years$13,848$11,853$10,108$8,590$7,278$4,520
16 years$12,848$10,875$9,164$7,691$6,433$3,844
17 years$11,967$10,016$8,339$6,911$5,704$3,277
18 years$11,184$9,255$7,612$6,228$5,071$2,799
19 years$10,485$8,577$6,969$5,627$4,520$2,396
20 years$9,856$7,970$6,396$5,097$4,038$2,054
21 years$9,288$7,424$5,883$4,626$3,613$1,763
22 years$8,772$6,930$5,422$4,206$3,239$1,515
23 years$8,302$6,482$5,006$3,830$2,907$1,303
24 years$7,872$6,073$4,630$3,493$2,613$1,121
25 years$7,477$5,699$4,288$3,190$2,351$966
26 years$7,112$5,356$3,977$2,917$2,118$832
27 years$6,776$5,041$3,693$2,670$1,910$718
28 years$6,463$4,750$3,433$2,446$1,723$619
29 years$6,173$4,481$3,195$2,243$1,556$534
30 years$5,903$4,232$2,976$2,059$1,406$461
31 years$5,651$4,001$2,774$1,891$1,271$398
32 years$5,415$3,785$2,588$1,738$1,150$344
33 years$5,193$3,585$2,417$1,598$1,040$297
34 years$4,986$3,398$2,258$1,470$942$257
35 years$4,790$3,223$2,111$1,354$853$222
36 years$4,606$3,059$1,975$1,247$773$192
37 years$4,432$2,905$1,849$1,149$701$166
38 years$4,268$2,761$1,731$1,059$635$143
39 years$4,112$2,625$1,622$976$576$124
40 years$3,965$2,498$1,520$900$522$107
41 years$3,825$2,378$1,425$831$474$93
42 years$3,692$2,264$1,337$767$430$80
43 years$3,566$2,157$1,255$708$390$69
44 years$3,446$2,056$1,178$653$354$60
45 years$3,331$1,961$1,106$603$322$52
46 years$3,222$1,871$1,039$557$292$45
47 years$3,118$1,785$976$515$265$39
48 years$3,018$1,704$917$476$241$34
49 years$2,923$1,628$862$440$219$29
50 years$2,831$1,555$810$406$199$25

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 $4,626 every year, while hoping to spend $49,402 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: 38/47/15 Blend
34$2,900,000$2,900,000$2,900,000$2,900,000
35$3,200,572$3,046,872$3,001,922$3,307,525
36$3,474,467$3,143,605$3,049,923$3,481,186
37$3,774,643$3,243,423$3,097,876$3,663,645
38$4,103,730$3,346,423$3,145,728$3,859,768
39$4,464,622$3,452,709$3,193,421$4,070,809
40$4,860,507$3,562,386$3,240,895$4,298,145
41$5,294,898$3,675,563$3,288,085$4,543,291
42$5,771,664$3,792,352$3,334,922$4,807,912
43$6,295,066$3,912,869$3,381,333$5,093,838
44$6,869,797$4,037,234$3,427,242$5,403,083
45$7,501,029$4,165,571$3,472,568$5,737,860
46$8,194,458$4,298,008$3,517,222$6,100,604
47$8,956,358$4,434,676$3,561,115$6,493,995
48$9,793,644$4,575,712$3,604,150$6,920,979
49$10,713,931$4,721,257$3,646,223$7,384,799
50$11,725,608$4,871,455$3,687,229$7,889,023
51$12,837,921$5,026,457$3,727,052$8,437,581
52$14,061,053$5,186,418$3,765,572$9,034,793
53$15,406,225$5,351,497$3,802,663$9,685,418
54$16,885,800$5,521,860$3,838,192$10,394,693
55$18,513,397$5,697,677$3,872,017$11,168,386
56$20,304,025$5,879,124$3,903,991$12,012,844
57$22,274,217$6,066,383$3,933,957$12,935,058
58$24,442,194$6,259,643$3,961,751$13,942,724
59$26,828,029$6,459,096$3,987,200$15,044,316
60$29,453,839$6,664,943$4,010,123$16,249,169
61$32,343,997$6,877,392$4,030,329$17,567,560
62$35,525,356$7,096,655$4,047,616$19,010,810
63$39,027,505$7,322,954$4,061,774$20,591,384
64$42,883,048$7,556,516$4,072,581$22,323,015
65$47,127,910$7,797,577$4,079,804$24,220,828
66$51,801,679$8,046,380$4,083,199$26,301,480
67$56,947,973$8,303,175$4,082,509$28,583,324
68$62,614,859$8,568,224$4,077,466$31,086,574
69$68,855,301$8,841,793$4,067,787$33,833,497
70$75,727,660$9,124,159$4,053,176$36,848,623
71$83,296,246$9,415,608$4,033,323$40,158,978
72$91,631,926$9,716,436$4,007,902$43,794,331
73$100,812,789$10,026,947$3,976,573$47,787,481
74$110,924,883$10,347,457$3,938,978$52,174,564
75$122,063,031$10,678,292$3,894,743$56,995,387
76$134,331,719$11,019,787$3,843,476$62,293,814
77$147,846,089$11,372,291$3,784,767$68,118,168
78$162,733,019$11,736,163$3,718,186$74,521,691
79$179,132,325$12,111,773$3,643,283$81,563,047
80$197,198,077$12,499,505$3,559,588$89,306,870
81$217,100,055$12,899,755$3,466,608$97,824,376
82$239,025,350$13,312,932$3,363,828$107,194,034
83$263,180,129$13,739,458$3,250,710$117,502,304
84$289,791,582$14,179,772$3,126,689$128,844,453
85$319,110,067$14,634,324$2,991,176$141,325,452
86$351,411,469$15,103,582$2,843,556$155,060,966
87$386,999,807$15,588,026$2,683,184$170,178,444
88$426,210,104$16,088,156$2,509,387$186,818,322
89$469,411,545$16,604,486$2,321,462$205,135,346
90$517,010,966$17,137,548$2,118,674$225,300,030
91$569,456,689$17,687,893$1,900,255$247,500,268
92$627,242,761$18,256,089$1,665,402$271,943,102
93$690,913,609$18,842,724$1,413,279$298,856,678
94$761,069,184$19,448,404$1,143,011$328,492,395
95$838,370,622$20,073,758$853,684$361,127,279
96$923,546,488$20,719,434$544,345$397,066,596
97$1,017,399,647$21,386,103$213,997$436,646,732
98$1,120,814,847$22,074,459$0$480,238,365
99$1,234,767,072$22,785,218$0$528,272,139
100$1,360,330,741$23,519,121$0$581,213,987