Can I retire at age 35 with 2,920,000?

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 $2,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$241,131$238,983$236,887$234,842$232,845$226,207
2 years$119,372$117,149$114,994$112,905$110,879$104,243
3 years$78,791$76,558$74,409$72,339$70,346$63,920
4 years$58,504$56,278$54,150$52,116$50,171$44,005
5 years$46,335$44,123$42,023$40,030$38,139$32,249
6 years$38,225$36,030$33,961$32,013$30,178$24,569
7 years$32,435$30,258$28,222$26,319$24,543$19,216
8 years$28,094$25,936$23,934$22,079$20,361$15,312
9 years$24,720$22,582$20,614$18,806$17,147$12,371
10 years$22,022$19,905$17,972$16,211$14,610$10,102
11 years$19,816$17,720$15,822$14,108$12,565$8,316
12 years$17,979$15,905$14,042$12,375$10,889$6,892
13 years$16,425$14,373$12,546$10,925$9,495$5,741
14 years$15,095$13,065$11,272$9,698$8,323$4,802
15 years$13,944$11,935$10,177$8,649$7,329$4,031
16 years$12,937$10,950$9,227$7,744$6,477$3,394
17 years$12,049$10,085$8,396$6,958$5,743$2,864
18 years$11,261$9,319$7,665$6,271$5,106$2,422
19 years$10,557$8,637$7,017$5,666$4,551$2,051
20 years$9,924$8,025$6,440$5,132$4,065$1,740
21 years$9,352$7,475$5,923$4,657$3,638$1,477
22 years$8,833$6,978$5,459$4,235$3,261$1,256
23 years$8,360$6,526$5,041$3,857$2,927$1,068
24 years$7,926$6,115$4,662$3,517$2,631$909
25 years$7,528$5,738$4,318$3,212$2,368$774
26 years$7,161$5,393$4,004$2,937$2,133$660
27 years$6,822$5,076$3,718$2,688$1,923$563
28 years$6,508$4,783$3,457$2,463$1,735$480
29 years$6,216$4,512$3,217$2,259$1,567$409
30 years$5,944$4,261$2,996$2,073$1,416$349
31 years$5,690$4,028$2,793$1,904$1,280$298
32 years$5,452$3,811$2,606$1,750$1,158$255
33 years$5,229$3,609$2,434$1,609$1,048$217
34 years$5,020$3,421$2,274$1,480$949$186
35 years$4,823$3,245$2,126$1,363$859$159
36 years$4,638$3,080$1,989$1,255$778$135
37 years$4,463$2,925$1,861$1,156$706$116
38 years$4,297$2,780$1,743$1,066$640$99
39 years$4,140$2,643$1,633$983$580$84
40 years$3,992$2,515$1,531$907$526$72
41 years$3,851$2,394$1,435$836$477$62
42 years$3,718$2,280$1,346$772$433$53
43 years$3,590$2,172$1,263$713$393$45
44 years$3,469$2,071$1,186$658$357$38
45 years$3,354$1,975$1,113$608$324$33
46 years$3,244$1,884$1,046$561$294$28
47 years$3,139$1,798$983$519$267$24
48 years$3,039$1,716$923$479$243$21
49 years$2,943$1,639$868$443$220$18
50 years$2,851$1,565$816$409$200$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,920,000, adding $6,405 every year, while hoping to spend $50,728 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: 60/19/21 Blend
34$2,920,000$2,920,000$2,920,000$2,920,000
35$3,224,447$3,069,687$3,024,427$3,399,718
36$3,499,366$3,166,127$3,071,771$3,615,689
37$3,800,627$3,265,593$3,119,001$3,845,090
38$4,130,863$3,368,179$3,166,059$4,094,237
39$4,492,974$3,473,983$3,212,885$4,365,056
40$4,890,154$3,583,105$3,259,414$4,659,664
41$5,325,922$3,695,649$3,305,576$4,980,393
42$5,804,153$3,811,723$3,351,300$5,329,811
43$6,329,115$3,931,436$3,396,507$5,710,747
44$6,905,511$4,054,903$3,441,117$6,126,314
45$7,538,521$4,182,240$3,485,041$6,579,941
46$8,233,850$4,313,570$3,528,190$7,075,407
47$8,997,784$4,449,016$3,570,466$7,616,872
48$9,837,248$4,588,708$3,611,767$8,208,916
49$10,759,871$4,732,778$3,651,984$8,856,589
50$11,774,057$4,881,363$3,691,005$9,565,449
51$12,889,065$5,034,604$3,728,707$10,341,621
52$14,115,096$5,192,647$3,764,966$11,191,852
53$15,463,390$5,355,641$3,799,647$12,123,574
54$16,946,330$5,523,741$3,832,609$13,144,975
55$18,577,558$5,697,107$3,863,703$14,265,075
56$20,372,107$5,875,903$3,892,775$15,493,814
57$22,346,538$6,060,298$3,919,659$16,842,140
58$24,519,100$6,250,468$3,944,183$18,322,116
59$26,909,899$6,446,592$3,966,165$19,947,034
60$29,541,091$6,648,857$3,985,413$21,731,538
61$32,437,085$6,857,454$4,001,727$23,691,763
62$35,624,779$7,072,581$4,014,896$25,845,487
63$39,133,809$7,294,440$4,024,699$28,212,300
64$42,996,833$7,523,243$4,030,901$30,813,785
65$47,249,834$7,759,205$4,033,260$33,673,724
66$51,932,461$8,002,551$4,031,518$36,818,325
67$57,088,405$8,253,509$4,025,407$40,276,461
68$62,765,809$8,512,317$4,014,645$44,079,953
69$69,017,721$8,779,220$3,998,935$48,263,860
70$75,902,597$9,054,471$3,977,968$52,866,816
71$83,484,850$9,338,328$3,951,418$57,931,394
72$91,835,459$9,631,060$3,918,945$63,504,503
73$101,032,637$9,932,943$3,880,190$69,637,837
74$111,162,571$10,244,262$3,834,782$76,388,359
75$122,320,233$10,565,311$3,782,327$83,818,837
76$134,610,278$10,896,393$3,722,416$91,998,442
77$148,148,029$11,237,818$3,654,620$101,003,394
78$163,060,567$11,589,911$3,578,489$110,917,687
79$179,487,929$11,953,001$3,493,552$121,833,877
80$197,584,431$12,327,430$3,399,319$133,853,960
81$217,520,121$12,713,552$3,295,274$147,090,330
82$239,482,386$13,111,729$3,180,879$161,666,846
83$263,677,722$13,522,336$3,055,571$177,719,992
84$290,333,678$13,945,759$2,918,761$195,400,177
85$319,701,008$14,382,396$2,769,834$214,873,143
86$352,056,034$14,832,657$2,608,147$236,321,539
87$387,703,257$15,296,965$2,433,027$259,946,638
88$426,978,228$15,775,755$2,243,772$285,970,243
89$470,250,717$16,269,477$2,039,649$314,636,776
90$517,928,202$16,778,593$1,819,889$346,215,588
91$570,459,717$17,303,582$1,583,693$381,003,502
92$628,340,085$17,844,934$1,330,224$419,327,612
93$692,114,595$18,403,157$1,058,607$461,548,376
94$762,384,145$18,978,774$767,933$508,063,015
95$839,810,916$19,572,322$457,247$559,309,263
96$925,124,621$20,184,358$125,556$615,769,503
97$1,019,129,393$20,815,452$0$677,975,317
98$1,122,711,377$21,466,195$0$746,563,688
99$1,236,847,093$22,137,193$0$822,162,338
100$1,362,612,655$22,829,075$0$905,454,753