Can I retire at age 35 with 2,910,000?

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 $2,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$240,305$238,165$236,076$234,038$232,047$228,769
2 years$118,963$116,747$114,600$112,518$110,499$107,202
3 years$78,521$76,296$74,154$72,091$70,105$66,892
4 years$58,304$56,085$53,965$51,938$49,999$46,896
5 years$46,177$43,972$41,879$39,893$38,009$35,023
6 years$38,095$35,906$33,845$31,903$30,075$27,211
7 years$32,324$30,154$28,125$26,229$24,459$21,718
8 years$27,998$25,847$23,852$22,003$20,291$17,672
9 years$24,635$22,505$20,544$18,742$17,088$14,590
10 years$21,946$19,837$17,911$16,156$14,560$12,181
11 years$19,748$17,660$15,768$14,060$12,522$10,260
12 years$17,917$15,850$13,994$12,333$10,851$8,703
13 years$16,369$14,324$12,503$10,888$9,463$7,426
14 years$15,044$13,020$11,234$9,665$8,295$6,366
15 years$13,896$11,894$10,142$8,620$7,303$5,479
16 years$12,892$10,913$9,196$7,718$6,455$4,732
17 years$12,008$10,050$8,368$6,934$5,723$4,098
18 years$11,223$9,287$7,639$6,249$5,089$3,558
19 years$10,521$8,607$6,993$5,647$4,536$3,095
20 years$9,890$7,998$6,418$5,114$4,051$2,697
21 years$9,320$7,450$5,903$4,641$3,626$2,354
22 years$8,803$6,954$5,441$4,220$3,250$2,057
23 years$8,331$6,504$5,023$3,843$2,917$1,800
24 years$7,899$6,094$4,646$3,505$2,622$1,576
25 years$7,502$5,719$4,303$3,201$2,359$1,381
26 years$7,137$5,375$3,991$2,927$2,125$1,212
27 years$6,799$5,058$3,706$2,679$1,916$1,064
28 years$6,486$4,766$3,445$2,455$1,729$934
29 years$6,195$4,497$3,206$2,251$1,561$821
30 years$5,924$4,246$2,986$2,066$1,411$721
31 years$5,670$4,014$2,784$1,897$1,275$634
32 years$5,433$3,798$2,597$1,744$1,154$558
33 years$5,211$3,597$2,425$1,604$1,044$491
34 years$5,003$3,409$2,266$1,475$945$432
35 years$4,807$3,234$2,119$1,358$856$381
36 years$4,622$3,069$1,982$1,251$776$335
37 years$4,447$2,915$1,855$1,152$703$295
38 years$4,282$2,770$1,737$1,062$637$260
39 years$4,126$2,634$1,627$979$578$229
40 years$3,978$2,506$1,525$903$524$202
41 years$3,838$2,386$1,430$834$476$178
42 years$3,705$2,272$1,342$769$432$157
43 years$3,578$2,165$1,259$710$392$138
44 years$3,457$2,064$1,182$656$356$122
45 years$3,343$1,968$1,110$606$323$107
46 years$3,233$1,877$1,042$559$293$95
47 years$3,128$1,791$979$517$266$83
48 years$3,028$1,710$920$477$242$73
49 years$2,933$1,633$865$441$219$65
50 years$2,841$1,560$813$408$199$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,910,000, adding $5,689 every year, while hoping to spend $24,402 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: 54/22/24 Blend
34$2,910,000$2,910,000$2,910,000$2,910,000
35$3,212,688$3,058,458$3,013,353$3,364,636
36$3,514,419$3,182,359$3,088,337$3,593,735
37$3,846,108$3,311,513$3,165,015$3,840,003
38$4,210,786$3,446,152$3,243,418$4,107,597
39$4,611,791$3,586,519$3,323,577$4,398,567
40$5,052,801$3,732,865$3,405,524$4,715,170
41$5,537,868$3,885,457$3,489,291$5,059,885
42$6,071,457$4,044,571$3,574,908$5,435,440
43$6,658,487$4,210,496$3,662,409$5,844,838
44$7,304,378$4,383,535$3,751,824$6,291,383
45$8,015,101$4,564,005$3,843,187$6,778,708
46$8,797,237$4,752,237$3,936,530$7,310,814
47$9,658,035$4,948,577$4,031,884$7,892,104
48$10,605,485$5,153,388$4,129,282$8,527,422
49$11,648,388$5,367,047$4,228,757$9,222,102
50$12,796,443$5,589,952$4,330,340$9,982,016
51$14,060,337$5,822,517$4,434,063$10,813,626
52$15,451,847$6,065,175$4,539,959$11,724,049
53$16,983,946$6,318,380$4,648,059$12,721,118
54$18,670,934$6,582,606$4,758,394$13,813,459
55$20,528,566$6,858,350$4,870,997$15,010,570
56$22,574,202$7,146,131$4,985,897$16,322,910
57$24,826,972$7,446,493$5,103,126$17,761,996
58$27,307,956$7,760,004$5,222,714$19,340,510
59$30,040,382$8,087,259$5,344,689$21,072,420
60$33,049,846$8,428,880$5,469,082$22,973,109
61$36,364,554$8,785,519$5,595,920$25,059,519
62$40,015,587$9,157,857$5,725,231$27,350,310
63$44,037,193$9,546,609$5,857,043$29,866,033
64$48,467,114$9,952,519$5,991,381$32,629,327
65$53,346,937$10,376,371$6,128,270$35,665,127
66$58,722,492$10,818,980$6,267,734$39,000,899
67$64,644,280$11,281,204$6,409,797$42,666,899
68$71,167,951$11,763,937$6,554,480$46,696,456
69$78,354,831$12,268,119$6,701,803$51,126,284
70$86,272,496$12,794,729$6,851,786$55,996,829
71$94,995,415$13,344,795$7,004,446$61,352,647
72$104,605,650$13,919,393$7,159,798$67,242,824
73$115,193,632$14,519,649$7,317,856$73,721,437
74$126,859,011$15,146,740$7,478,633$80,848,060
75$139,711,601$15,801,901$7,642,138$88,688,330
76$153,872,414$16,486,424$7,808,379$97,314,558
77$169,474,802$17,201,661$7,977,362$106,806,412
78$186,665,717$17,949,027$8,149,088$117,251,670
79$205,607,096$18,730,006$8,323,559$128,747,038
80$226,477,393$19,546,149$8,500,771$141,399,069
81$249,473,259$20,399,082$8,680,719$155,325,159
82$274,811,400$21,290,506$8,863,392$170,654,658
83$302,730,626$22,222,204$9,048,779$187,530,083
84$333,494,100$23,196,042$9,236,863$206,108,465
85$367,391,824$24,213,974$9,427,624$226,562,825
86$404,743,378$25,278,046$9,621,037$249,083,805
87$445,900,934$26,390,402$9,817,073$273,881,463
88$491,252,583$27,553,286$10,015,699$301,187,254
89$541,225,998$28,769,048$10,216,876$331,256,210
90$596,292,470$30,040,151$10,420,561$364,369,346
91$656,971,356$31,369,173$10,626,704$400,836,303
92$723,834,985$32,758,813$10,835,250$440,998,274
93$797,514,060$34,211,902$11,046,137$485,231,213
94$878,703,610$35,731,401$11,259,299$533,949,387
95$968,169,552$37,320,413$11,474,659$587,609,276
96$1,066,755,923$38,982,190$11,692,137$646,713,878
97$1,175,392,845$40,720,135$11,911,641$711,817,455
98$1,295,105,310$42,537,817$12,133,076$783,530,759
99$1,427,022,852$44,438,970$12,356,334$862,526,788
100$1,572,390,212$46,427,508$12,581,300$949,547,138