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%11.4%
1 years$239,479$237,346$235,265$233,234$231,250$229,889
2 years$118,554$116,346$114,206$112,132$110,119$108,746
3 years$78,251$76,033$73,899$71,844$69,864$68,521
4 years$58,103$55,893$53,780$51,759$49,828$48,526
5 years$46,018$43,821$41,735$39,756$37,878$36,621
6 years$37,964$35,783$33,728$31,793$29,972$28,761
7 years$32,213$30,050$28,028$26,139$24,375$23,211
8 years$27,902$25,759$23,770$21,927$20,221$19,104
9 years$24,550$22,428$20,473$18,677$17,029$15,959
10 years$21,871$19,769$17,849$16,100$14,510$13,485
11 years$19,680$17,599$15,714$14,012$12,479$11,500
12 years$17,855$15,796$13,946$12,290$10,814$9,879
13 years$16,313$14,275$12,460$10,850$9,430$8,539
14 years$14,992$12,975$11,195$9,632$8,266$7,418
15 years$13,848$11,853$10,108$8,590$7,278$6,471
16 years$12,848$10,875$9,164$7,691$6,433$5,666
17 years$11,967$10,016$8,339$6,911$5,704$4,976
18 years$11,184$9,255$7,612$6,228$5,071$4,382
19 years$10,485$8,577$6,969$5,627$4,520$3,867
20 years$9,856$7,970$6,396$5,097$4,038$3,420
21 years$9,288$7,424$5,883$4,626$3,613$3,029
22 years$8,772$6,930$5,422$4,206$3,239$2,687
23 years$8,302$6,482$5,006$3,830$2,907$2,387
24 years$7,872$6,073$4,630$3,493$2,613$2,123
25 years$7,477$5,699$4,288$3,190$2,351$1,890
26 years$7,112$5,356$3,977$2,917$2,118$1,684
27 years$6,776$5,041$3,693$2,670$1,910$1,502
28 years$6,463$4,750$3,433$2,446$1,723$1,341
29 years$6,173$4,481$3,195$2,243$1,556$1,197
30 years$5,903$4,232$2,976$2,059$1,406$1,070
31 years$5,651$4,001$2,774$1,891$1,271$956
32 years$5,415$3,785$2,588$1,738$1,150$855
33 years$5,193$3,585$2,417$1,598$1,040$765
34 years$4,986$3,398$2,258$1,470$942$685
35 years$4,790$3,223$2,111$1,354$853$613
36 years$4,606$3,059$1,975$1,247$773$549
37 years$4,432$2,905$1,849$1,149$701$492
38 years$4,268$2,761$1,731$1,059$635$441
39 years$4,112$2,625$1,622$976$576$395
40 years$3,965$2,498$1,520$900$522$354
41 years$3,825$2,378$1,425$831$474$317
42 years$3,692$2,264$1,337$767$430$284
43 years$3,566$2,157$1,255$708$390$255
44 years$3,446$2,056$1,178$653$354$229
45 years$3,331$1,961$1,106$603$322$205
46 years$3,222$1,871$1,039$557$292$184
47 years$3,118$1,785$976$515$265$165
48 years$3,018$1,704$917$476$241$148
49 years$2,923$1,628$862$440$219$133
50 years$2,831$1,555$810$406$199$119

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 $6,688 every year, while hoping to spend $58,804 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: 50/31/19 Blend
34$2,900,000$2,900,000$2,900,000$2,900,000
35$3,202,699$3,048,999$3,004,049$3,345,580
36$3,466,807$3,135,833$3,042,117$3,531,857
37$3,755,883$3,224,951$3,079,490$3,727,600
38$4,072,413$3,316,402$3,116,082$3,939,080
39$4,419,131$3,410,238$3,151,803$4,167,803
40$4,799,052$3,506,509$3,186,558$4,415,427
41$5,215,493$3,605,266$3,220,246$4,683,778
42$5,672,110$3,706,561$3,252,761$4,974,865
43$6,172,927$3,810,445$3,283,991$5,290,903
44$6,722,380$3,916,970$3,313,818$5,634,327
45$7,325,351$4,026,190$3,342,119$6,007,821
46$7,987,219$4,138,156$3,368,763$6,414,342
47$8,713,910$4,252,921$3,393,611$6,857,144
48$9,511,952$4,370,537$3,416,520$7,339,812
49$10,388,535$4,491,056$3,437,337$7,866,296
50$11,351,579$4,614,532$3,455,902$8,440,946
51$12,409,812$4,741,016$3,472,046$9,068,554
52$13,572,846$4,870,559$3,485,593$9,754,400
53$14,851,272$5,003,212$3,496,356$10,504,298
54$16,256,759$5,139,026$3,504,141$11,324,658
55$17,802,161$5,278,051$3,508,742$12,222,537
56$19,501,641$5,420,335$3,509,945$13,205,714
57$21,370,803$5,565,927$3,507,523$14,282,758
58$23,426,840$5,714,872$3,501,240$15,463,110
59$25,688,693$5,867,216$3,490,847$16,757,174
60$28,177,234$6,023,004$3,476,084$18,176,413
61$30,915,456$6,182,276$3,456,678$19,733,458
62$33,928,698$6,345,072$3,432,342$21,442,226
63$37,244,877$6,511,432$3,402,776$23,318,054
64$40,894,752$6,681,390$3,367,667$25,377,840
65$44,912,218$6,854,979$3,326,685$27,640,206
66$49,334,620$7,032,230$3,279,486$30,125,673
67$54,203,111$7,213,168$3,225,708$32,856,853
68$59,563,033$7,397,818$3,164,973$35,858,665
69$65,464,350$7,586,199$3,096,888$39,158,566
70$71,962,116$7,778,326$3,021,036$42,786,816
71$79,116,998$7,974,209$2,936,987$46,776,761
72$86,995,842$8,173,855$2,844,286$51,165,147
73$95,672,308$8,377,265$2,742,460$55,992,469
74$105,227,566$8,584,433$2,631,014$61,303,351
75$115,751,055$8,795,348$2,509,431$67,146,971
76$127,341,333$9,009,991$2,377,168$73,577,522
77$140,107,006$9,228,337$2,233,659$80,654,726
78$154,167,748$9,450,353$2,078,315$88,444,398
79$169,655,436$9,675,998$1,910,516$97,019,067
80$186,715,389$9,905,220$1,729,616$106,458,663
81$205,507,742$10,137,960$1,534,942$116,851,267
82$226,208,959$10,374,146$1,325,790$128,293,949
83$249,013,491$10,613,698$1,101,422$140,893,684
84$274,135,619$10,856,521$861,072$154,768,358
85$301,811,471$11,102,509$603,936$170,047,887
86$332,301,251$11,351,543$329,178$186,875,440
87$365,891,697$11,603,486$35,924$205,408,794
88$402,898,783$11,858,190$0$225,821,825
89$443,670,705$12,115,488$0$248,362,310
90$488,591,165$12,375,195$0$273,196,675
91$538,082,993$12,637,108$0$300,550,541
92$592,612,136$12,901,004$0$330,680,572
93$652,692,059$13,166,639$0$363,869,605
94$718,888,589$13,433,744$0$400,429,324
95$791,825,256$13,702,028$0$440,703,197
96$872,189,179$13,971,175$0$485,069,721
97$960,737,551$14,240,839$0$533,945,997
98$1,058,304,787$14,510,646$0$587,791,665
99$1,165,810,400$14,780,191$0$647,113,242
100$1,284,267,678$15,049,038$0$712,468,907