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%18.5%
1 years$241,131$238,983$236,887$234,842$232,845$224,852
2 years$119,372$117,149$114,994$112,905$110,879$102,907
3 years$78,791$76,558$74,409$72,339$70,346$62,646
4 years$58,504$56,278$54,150$52,116$50,171$42,803
5 years$46,335$44,123$42,023$40,030$38,139$31,121
6 years$38,225$36,030$33,961$32,013$30,178$23,516
7 years$32,435$30,258$28,222$26,319$24,543$18,235
8 years$28,094$25,936$23,934$22,079$20,361$14,403
9 years$24,720$22,582$20,614$18,806$17,147$11,531
10 years$22,022$19,905$17,972$16,211$14,610$9,327
11 years$19,816$17,720$15,822$14,108$12,565$7,605
12 years$17,979$15,905$14,042$12,375$10,889$6,239
13 years$16,425$14,373$12,546$10,925$9,495$5,145
14 years$15,095$13,065$11,272$9,698$8,323$4,259
15 years$13,944$11,935$10,177$8,649$7,329$3,538
16 years$12,937$10,950$9,227$7,744$6,477$2,946
17 years$12,049$10,085$8,396$6,958$5,743$2,459
18 years$11,261$9,319$7,665$6,271$5,106$2,056
19 years$10,557$8,637$7,017$5,666$4,551$1,722
20 years$9,924$8,025$6,440$5,132$4,065$1,444
21 years$9,352$7,475$5,923$4,657$3,638$1,212
22 years$8,833$6,978$5,459$4,235$3,261$1,018
23 years$8,360$6,526$5,041$3,857$2,927$856
24 years$7,926$6,115$4,662$3,517$2,631$720
25 years$7,528$5,738$4,318$3,212$2,368$606
26 years$7,161$5,393$4,004$2,937$2,133$510
27 years$6,822$5,076$3,718$2,688$1,923$430
28 years$6,508$4,783$3,457$2,463$1,735$362
29 years$6,216$4,512$3,217$2,259$1,567$305
30 years$5,944$4,261$2,996$2,073$1,416$257
31 years$5,690$4,028$2,793$1,904$1,280$217
32 years$5,452$3,811$2,606$1,750$1,158$183
33 years$5,229$3,609$2,434$1,609$1,048$154
34 years$5,020$3,421$2,274$1,480$949$130
35 years$4,823$3,245$2,126$1,363$859$110
36 years$4,638$3,080$1,989$1,255$778$93
37 years$4,463$2,925$1,861$1,156$706$78
38 years$4,297$2,780$1,743$1,066$640$66
39 years$4,140$2,643$1,633$983$580$56
40 years$3,992$2,515$1,531$907$526$47
41 years$3,851$2,394$1,435$836$477$40
42 years$3,718$2,280$1,346$772$433$33
43 years$3,590$2,172$1,263$713$393$28
44 years$3,469$2,071$1,186$658$357$24
45 years$3,354$1,975$1,113$608$324$20
46 years$3,244$1,884$1,046$561$294$17
47 years$3,139$1,798$983$519$267$14
48 years$3,039$1,716$923$479$243$12
49 years$2,943$1,639$868$443$220$10
50 years$2,851$1,565$816$409$200$9

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 $6,769 every year, while hoping to spend $26,981 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: 56/22/22 Blend
34$2,920,000$2,920,000$2,920,000$2,920,000
35$3,224,822$3,070,062$3,024,802$3,385,835
36$3,525,047$3,191,788$3,097,426$3,618,400
37$3,854,989$3,318,573$3,171,577$3,868,202
38$4,217,654$3,450,639$3,247,281$4,139,770
39$4,616,348$3,588,213$3,324,558$4,435,205
40$5,054,716$3,731,537$3,403,431$4,756,815
41$5,536,774$3,880,859$3,483,923$5,107,141
42$6,066,946$4,036,442$3,566,056$5,488,980
43$6,650,106$4,198,560$3,649,850$5,905,408
44$7,291,625$4,367,497$3,735,328$6,359,810
45$7,997,420$4,543,554$3,822,511$6,855,910
46$8,774,011$4,727,042$3,911,419$7,397,810
47$9,628,581$4,918,288$4,002,073$7,990,023
48$10,569,045$5,117,633$4,094,491$8,637,516
49$11,604,124$5,325,433$4,188,693$9,345,758
50$12,743,428$5,542,063$4,284,698$10,120,769
51$13,997,546$5,767,912$4,382,523$10,969,179
52$15,378,143$6,003,387$4,482,185$11,898,285
53$16,898,076$6,248,915$4,583,700$12,916,122
54$18,571,509$6,504,942$4,687,084$14,031,539
55$20,414,053$6,771,934$4,792,351$15,254,280
56$22,442,906$7,050,379$4,899,515$16,595,073
57$24,677,021$7,340,785$5,008,587$18,065,736
58$27,137,281$7,643,688$5,119,578$19,679,283
59$29,846,698$7,959,643$5,232,499$21,450,044
60$32,830,631$8,289,235$5,347,357$23,393,805
61$36,117,021$8,633,073$5,464,159$25,527,954
62$39,736,659$8,991,796$5,582,910$27,871,639
63$43,723,475$9,366,070$5,703,615$30,445,955
64$48,114,857$9,756,595$5,826,273$33,274,137
65$52,952,005$10,164,101$5,950,886$36,381,777
66$58,280,319$10,589,352$6,077,450$39,797,070
67$64,149,828$11,033,147$6,205,962$43,551,073
68$70,615,662$11,496,323$6,336,413$47,677,999
69$77,738,572$11,979,755$6,468,795$52,215,538
70$85,585,502$12,484,358$6,603,095$57,205,214
71$94,230,223$13,011,092$6,739,299$62,692,767
72$103,754,028$13,560,957$6,877,388$68,728,595
73$114,246,500$14,135,005$7,017,341$75,368,216
74$125,806,354$14,734,332$7,159,133$82,672,800
75$138,542,375$15,360,087$7,302,737$90,709,738
76$152,574,440$16,013,473$7,448,121$99,553,278
77$168,034,648$16,695,749$7,595,248$109,285,225
78$185,068,572$17,408,231$7,744,079$119,995,709
79$203,836,630$18,152,297$7,894,570$131,784,036
80$224,515,598$18,929,392$8,046,670$144,759,620
81$247,300,282$19,741,024$8,200,325$159,043,016
82$272,405,352$20,588,776$8,355,478$174,767,052
83$300,067,373$21,474,301$8,512,061$192,078,086
84$330,547,035$22,399,332$8,670,006$211,137,379
85$364,131,616$23,365,683$8,829,234$232,122,615
86$401,137,691$24,375,252$8,989,664$255,229,580
87$441,914,122$25,430,025$9,151,204$280,674,002
88$486,845,351$26,532,085$9,313,758$308,693,587
89$536,355,029$27,683,610$9,477,221$339,550,256
90$590,910,015$28,886,880$9,641,481$373,532,620
91$651,024,783$30,144,283$9,806,417$410,958,694
92$717,266,279$31,458,321$9,971,900$452,178,900
93$790,259,272$32,831,611$10,137,791$497,579,368
94$870,692,252$34,266,895$10,303,942$547,585,581
95$959,323,933$35,767,044$10,470,195$602,666,380
96$1,056,990,408$37,335,063$10,636,381$663,338,393
97$1,164,613,051$38,974,102$10,802,320$730,170,903
98$1,283,207,206$40,687,457$10,967,822$803,791,217
99$1,413,891,779$42,478,580$11,132,682$884,890,586
100$1,557,899,797$44,351,088$11,296,684$974,230,721