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

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 $2,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$240,305$238,165$236,076$234,038$232,047$224,980
2 years$118,963$116,747$114,600$112,518$110,499$103,439
3 years$78,521$76,296$74,154$72,091$70,105$63,274
4 years$58,304$56,085$53,965$51,938$49,999$43,450
5 years$46,177$43,972$41,879$39,893$38,009$31,759
6 years$38,095$35,906$33,845$31,903$30,075$24,130
7 years$32,324$30,154$28,125$26,229$24,459$18,818
8 years$27,998$25,847$23,852$22,003$20,291$14,951
9 years$24,635$22,505$20,544$18,742$17,088$12,043
10 years$21,946$19,837$17,911$16,156$14,560$9,803
11 years$19,748$17,660$15,768$14,060$12,522$8,045
12 years$17,917$15,850$13,994$12,333$10,851$6,644
13 years$16,369$14,324$12,503$10,888$9,463$5,516
14 years$15,044$13,020$11,234$9,665$8,295$4,599
15 years$13,896$11,894$10,142$8,620$7,303$3,847
16 years$12,892$10,913$9,196$7,718$6,455$3,227
17 years$12,008$10,050$8,368$6,934$5,723$2,713
18 years$11,223$9,287$7,639$6,249$5,089$2,286
19 years$10,521$8,607$6,993$5,647$4,536$1,929
20 years$9,890$7,998$6,418$5,114$4,051$1,629
21 years$9,320$7,450$5,903$4,641$3,626$1,378
22 years$8,803$6,954$5,441$4,220$3,250$1,167
23 years$8,331$6,504$5,023$3,843$2,917$989
24 years$7,899$6,094$4,646$3,505$2,622$838
25 years$7,502$5,719$4,303$3,201$2,359$711
26 years$7,137$5,375$3,991$2,927$2,125$604
27 years$6,799$5,058$3,706$2,679$1,916$513
28 years$6,486$4,766$3,445$2,455$1,729$435
29 years$6,195$4,497$3,206$2,251$1,561$370
30 years$5,924$4,246$2,986$2,066$1,411$314
31 years$5,670$4,014$2,784$1,897$1,275$267
32 years$5,433$3,798$2,597$1,744$1,154$227
33 years$5,211$3,597$2,425$1,604$1,044$193
34 years$5,003$3,409$2,266$1,475$945$164
35 years$4,807$3,234$2,119$1,358$856$140
36 years$4,622$3,069$1,982$1,251$776$119
37 years$4,447$2,915$1,855$1,152$703$101
38 years$4,282$2,770$1,737$1,062$637$86
39 years$4,126$2,634$1,627$979$578$73
40 years$3,978$2,506$1,525$903$524$62
41 years$3,838$2,386$1,430$834$476$53
42 years$3,705$2,272$1,342$769$432$45
43 years$3,578$2,165$1,259$710$392$38
44 years$3,457$2,064$1,182$656$356$33
45 years$3,343$1,968$1,110$606$323$28
46 years$3,233$1,877$1,042$559$293$24
47 years$3,128$1,791$979$517$266$20
48 years$3,028$1,710$920$477$242$17
49 years$2,933$1,633$865$441$219$15
50 years$2,841$1,560$813$408$199$12

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 $5,143 every year, while hoping to spend $21,600 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: 83/8/9 Blend
34$2,910,000$2,910,000$2,910,000$2,910,000
35$3,212,125$3,057,895$3,012,790$3,474,370
36$3,516,780$3,184,750$3,090,736$3,773,512
37$3,851,785$3,317,096$3,170,570$4,098,526
38$4,220,214$3,455,181$3,252,331$4,454,775
39$4,625,453$3,599,262$3,336,061$4,845,381
40$5,071,231$3,749,608$3,421,801$5,273,781
41$5,561,659$3,906,501$3,509,594$5,743,764
42$6,101,266$4,070,237$3,599,483$6,259,500
43$6,695,040$4,241,124$3,691,511$6,825,582
44$7,348,481$4,419,485$3,785,722$7,447,071
45$8,067,644$4,605,658$3,882,162$8,129,540
46$8,859,204$4,799,996$3,980,876$8,879,127
47$9,730,517$5,002,870$4,081,909$9,702,595
48$10,689,685$5,214,666$4,185,308$10,607,393
49$11,745,638$5,435,790$4,291,122$11,601,726
50$12,908,215$5,666,666$4,399,396$12,694,634
51$14,188,258$5,907,736$4,510,180$13,896,075
52$15,597,711$6,159,467$4,623,522$15,217,020
53$17,149,740$6,422,343$4,739,473$16,669,553
54$18,858,850$6,696,874$4,858,081$18,266,990
55$20,741,023$6,983,591$4,979,397$20,024,001
56$22,813,873$7,283,053$5,103,473$21,956,745
57$25,096,808$7,595,842$5,230,359$24,083,029
58$27,611,213$7,922,570$5,360,107$26,422,469
59$30,380,656$8,263,874$5,492,769$28,996,681
60$33,431,104$8,620,425$5,628,398$31,829,476
61$36,791,174$8,992,924$5,767,047$34,947,094
62$40,492,399$9,382,102$5,908,769$38,378,443
63$44,569,528$9,788,729$6,053,616$42,155,375
64$49,060,851$10,213,609$6,201,644$46,312,986
65$54,008,564$10,657,582$6,352,905$50,889,948
66$59,459,164$11,121,530$6,507,455$55,928,867
67$65,463,890$11,606,376$6,665,345$61,476,692
68$72,079,205$12,113,086$6,826,632$67,585,154
69$79,367,328$12,642,672$6,991,369$74,311,254
70$87,396,826$13,196,193$7,159,610$81,717,799
71$96,243,254$13,774,759$7,331,409$89,873,996
72$105,989,875$14,379,530$7,506,820$98,856,105
73$116,728,439$15,011,725$7,685,896$108,748,154
74$128,560,057$15,672,616$7,868,690$119,642,734
75$141,596,147$16,363,539$8,055,255$131,641,876
76$155,959,492$17,085,890$8,245,644$144,858,003
77$171,785,394$17,841,133$8,439,907$159,415,002
78$189,222,957$18,630,801$8,638,097$175,449,383
79$208,436,488$19,456,500$8,840,263$193,111,573
80$229,607,052$20,319,910$9,046,454$212,567,329
81$252,934,180$21,222,795$9,256,719$233,999,307
82$278,637,752$22,166,997$9,471,104$257,608,783
83$306,960,074$23,154,451$9,689,657$283,617,549
84$338,168,162$24,187,180$9,912,421$312,270,011
85$372,556,267$25,267,304$10,139,440$343,835,489
86$410,448,650$26,397,046$10,370,755$378,610,763
87$452,202,643$27,578,732$10,606,406$416,922,869
88$498,212,022$28,814,799$10,846,430$459,132,187
89$548,910,727$30,107,803$11,090,864$505,635,842
90$604,776,953$31,460,417$11,339,740$556,871,448
91$666,337,671$32,875,446$11,593,090$613,321,242
92$734,173,595$34,355,825$11,850,940$675,516,632
93$808,924,673$35,904,631$12,113,318$744,043,210
94$891,296,120$37,525,089$12,380,244$819,546,283
95$982,065,080$39,220,574$12,651,738$902,736,959
96$1,082,087,962$40,994,626$12,927,815$994,398,859
97$1,192,308,523$42,850,951$13,208,486$1,095,395,513
98$1,313,766,781$44,793,436$13,493,759$1,206,678,511
99$1,447,608,829$46,826,151$13,783,636$1,329,296,480
100$1,595,097,658$48,953,361$14,078,116$1,464,404,987