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%19.1%
1 years$239,479$237,346$235,265$233,234$231,250$222,779
2 years$118,554$116,346$114,206$112,132$110,119$101,679
3 years$78,251$76,033$73,899$71,844$69,864$61,721
4 years$58,103$55,893$53,780$51,759$49,828$42,043
5 years$46,018$43,821$41,735$39,756$37,878$30,472
6 years$37,964$35,783$33,728$31,793$29,972$22,949
7 years$32,213$30,050$28,028$26,139$24,375$17,735
8 years$27,902$25,759$23,770$21,927$20,221$13,958
9 years$24,550$22,428$20,473$18,677$17,029$11,134
10 years$21,871$19,769$17,849$16,100$14,510$8,972
11 years$19,680$17,599$15,714$14,012$12,479$7,287
12 years$17,855$15,796$13,946$12,290$10,814$5,955
13 years$16,313$14,275$12,460$10,850$9,430$4,890
14 years$14,992$12,975$11,195$9,632$8,266$4,031
15 years$13,848$11,853$10,108$8,590$7,278$3,334
16 years$12,848$10,875$9,164$7,691$6,433$2,765
17 years$11,967$10,016$8,339$6,911$5,704$2,297
18 years$11,184$9,255$7,612$6,228$5,071$1,912
19 years$10,485$8,577$6,969$5,627$4,520$1,594
20 years$9,856$7,970$6,396$5,097$4,038$1,331
21 years$9,288$7,424$5,883$4,626$3,613$1,112
22 years$8,772$6,930$5,422$4,206$3,239$929
23 years$8,302$6,482$5,006$3,830$2,907$778
24 years$7,872$6,073$4,630$3,493$2,613$651
25 years$7,477$5,699$4,288$3,190$2,351$545
26 years$7,112$5,356$3,977$2,917$2,118$457
27 years$6,776$5,041$3,693$2,670$1,910$383
28 years$6,463$4,750$3,433$2,446$1,723$321
29 years$6,173$4,481$3,195$2,243$1,556$269
30 years$5,903$4,232$2,976$2,059$1,406$226
31 years$5,651$4,001$2,774$1,891$1,271$189
32 years$5,415$3,785$2,588$1,738$1,150$159
33 years$5,193$3,585$2,417$1,598$1,040$133
34 years$4,986$3,398$2,258$1,470$942$112
35 years$4,790$3,223$2,111$1,354$853$94
36 years$4,606$3,059$1,975$1,247$773$79
37 years$4,432$2,905$1,849$1,149$701$66
38 years$4,268$2,761$1,731$1,059$635$56
39 years$4,112$2,625$1,622$976$576$47
40 years$3,965$2,498$1,520$900$522$39
41 years$3,825$2,378$1,425$831$474$33
42 years$3,692$2,264$1,337$767$430$28
43 years$3,566$2,157$1,255$708$390$23
44 years$3,446$2,056$1,178$653$354$19
45 years$3,331$1,961$1,106$603$322$16
46 years$3,222$1,871$1,039$557$292$14
47 years$3,118$1,785$976$515$265$12
48 years$3,018$1,704$917$476$241$10
49 years$2,923$1,628$862$440$219$8
50 years$2,831$1,555$810$406$199$7

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 $2,049 every year, while hoping to spend $36,840 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: 67/11/22 Blend
34$2,900,000$2,900,000$2,900,000$2,900,000
35$3,197,914$3,044,214$2,999,264$3,394,190
36$3,484,903$3,154,183$3,060,541$3,636,059
37$3,799,931$3,268,305$3,122,637$3,896,044
38$4,145,818$3,386,746$3,185,540$4,179,499
39$4,525,672$3,509,677$3,249,236$4,488,734
40$4,942,916$3,637,277$3,313,711$4,826,295
41$5,401,321$3,769,731$3,378,948$5,194,984
42$5,905,042$3,907,234$3,444,928$5,597,887
43$6,458,654$4,049,987$3,511,632$6,038,400
44$7,067,201$4,198,200$3,579,036$6,520,267
45$7,736,238$4,352,094$3,647,115$7,047,609
46$8,471,884$4,511,896$3,715,843$7,624,965
47$9,280,882$4,677,845$3,785,190$8,257,333
48$10,170,661$4,850,189$3,855,123$8,950,221
49$11,149,407$5,029,186$3,925,607$9,709,693
50$12,226,136$5,215,106$3,996,605$10,542,432
51$13,410,786$5,408,230$4,068,075$11,455,796
52$14,714,304$5,608,851$4,139,974$12,457,892
53$16,148,752$5,817,275$4,212,253$13,557,651
54$17,727,423$6,033,819$4,284,861$14,764,912
55$19,464,960$6,258,816$4,357,744$16,090,514
56$21,377,500$6,492,612$4,430,843$17,546,398
57$23,482,824$6,735,569$4,504,094$19,145,719
58$25,800,522$6,988,062$4,577,431$20,902,970
59$28,352,182$7,250,484$4,650,783$22,834,120
60$31,161,593$7,523,245$4,724,071$24,956,761
61$34,254,963$7,806,773$4,797,216$27,290,279
62$37,661,177$8,101,512$4,870,130$29,856,028
63$41,412,059$8,407,928$4,942,721$32,677,541
64$45,542,678$8,726,506$5,014,892$35,780,744
65$50,091,678$9,057,751$5,086,538$39,194,204
66$55,101,641$9,402,193$5,157,548$42,949,397
67$60,619,490$9,760,381$5,227,807$47,081,005
68$66,696,929$10,132,892$5,297,191$51,627,244
69$73,390,937$10,520,324$5,365,567$56,630,220
70$80,764,297$10,923,304$5,432,798$62,136,331
71$88,886,196$11,342,487$5,498,737$68,196,703
72$97,832,872$11,778,553$5,563,229$74,867,670
73$107,688,338$12,232,215$5,626,111$82,211,307
74$118,545,173$12,704,218$5,687,209$90,296,013
75$130,505,391$13,195,336$5,746,342$99,197,162
76$143,681,414$13,706,379$5,803,317$108,997,806
77$158,197,121$14,238,195$5,857,932$119,789,463
78$174,189,028$14,791,667$5,909,972$131,672,982
79$191,807,566$15,367,716$5,959,214$144,759,488
80$211,218,510$15,967,306$6,005,419$159,171,437
81$232,604,537$16,591,443$6,048,340$175,043,766
82$256,166,954$17,241,178$6,087,713$192,525,171
83$282,127,595$17,917,607$6,123,264$211,779,504
84$310,730,917$18,621,878$6,154,700$232,987,324
85$342,246,306$19,355,186$6,181,719$256,347,600
86$376,970,622$20,118,782$6,203,999$282,079,586
87$415,230,996$20,913,974$6,221,204$310,424,892
88$457,387,924$21,742,124$6,232,980$341,649,763
89$503,838,665$22,604,661$6,238,957$376,047,593
90$555,020,992$23,503,072$6,238,746$413,941,690
91$611,417,326$24,438,916$6,231,937$455,688,332
92$673,559,288$25,413,818$6,218,101$501,680,128
93$742,032,718$26,429,477$6,196,791$552,349,721
94$817,483,205$27,487,672$6,167,533$608,173,873
95$900,622,181$28,590,257$6,129,834$669,677,965
96$992,233,637$29,739,173$6,083,177$737,440,956
97$1,093,181,523$30,936,447$6,027,019$812,100,847
98$1,204,417,905$32,184,200$5,960,791$894,360,702
99$1,326,991,952$33,484,647$5,883,898$984,995,284
100$1,462,059,840$34,840,103$5,795,717$1,084,858,371