Can I retire at age 35 with 2,930,000?

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 $2,930,000?

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$241,957$239,801$237,699$235,646$233,642$226,982
2 years$119,781$117,550$115,388$113,292$111,258$104,600
3 years$79,060$76,820$74,664$72,587$70,587$64,139
4 years$58,704$56,471$54,336$52,295$50,343$44,156
5 years$46,494$44,274$42,167$40,167$38,270$32,359
6 years$38,356$36,153$34,077$32,122$30,282$24,654
7 years$32,546$30,361$28,318$26,409$24,627$19,282
8 years$28,190$26,025$24,016$22,154$20,431$15,364
9 years$24,804$22,660$20,685$18,870$17,206$12,414
10 years$22,097$19,973$18,034$16,267$14,660$10,136
11 years$19,884$17,781$15,877$14,157$12,608$8,345
12 years$18,040$15,959$14,090$12,417$10,926$6,915
13 years$16,482$14,423$12,589$10,963$9,528$5,760
14 years$15,147$13,110$11,311$9,731$8,352$4,819
15 years$13,991$11,976$10,212$8,679$7,354$4,045
16 years$12,981$10,988$9,259$7,771$6,499$3,406
17 years$12,091$10,119$8,425$6,982$5,763$2,874
18 years$11,300$9,351$7,691$6,292$5,124$2,430
19 years$10,593$8,666$7,041$5,686$4,567$2,058
20 years$9,958$8,053$6,462$5,149$4,079$1,746
21 years$9,384$7,501$5,944$4,673$3,651$1,482
22 years$8,863$7,002$5,478$4,249$3,272$1,260
23 years$8,388$6,549$5,058$3,870$2,937$1,072
24 years$7,953$6,136$4,678$3,530$2,640$912
25 years$7,554$5,758$4,332$3,223$2,376$777
26 years$7,186$5,412$4,018$2,947$2,140$662
27 years$6,846$5,093$3,731$2,698$1,929$565
28 years$6,530$4,799$3,469$2,472$1,741$482
29 years$6,237$4,527$3,228$2,267$1,572$411
30 years$5,964$4,276$3,007$2,080$1,420$351
31 years$5,709$4,042$2,803$1,910$1,284$299
32 years$5,471$3,824$2,615$1,756$1,162$255
33 years$5,247$3,622$2,442$1,615$1,051$218
34 years$5,037$3,433$2,282$1,486$952$186
35 years$4,840$3,256$2,133$1,368$862$159
36 years$4,654$3,090$1,995$1,259$781$136
37 years$4,478$2,935$1,868$1,160$708$116
38 years$4,312$2,789$1,749$1,070$642$99
39 years$4,155$2,652$1,639$986$582$85
40 years$4,006$2,524$1,536$910$528$72
41 years$3,865$2,402$1,440$839$479$62
42 years$3,730$2,288$1,351$775$435$53
43 years$3,603$2,180$1,268$715$394$45
44 years$3,481$2,078$1,190$660$358$39
45 years$3,366$1,981$1,117$610$325$33
46 years$3,255$1,890$1,049$563$295$28
47 years$3,150$1,804$986$520$268$24
48 years$3,049$1,722$926$481$243$21
49 years$2,953$1,644$871$444$221$18
50 years$2,861$1,571$819$411$201$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,930,000, adding $2,106 every year, while hoping to spend $54,817 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: 44/38/18 Blend
34$2,930,000$2,930,000$2,930,000$2,930,000
35$3,231,032$3,075,742$3,030,327$3,356,296
36$3,502,273$3,168,129$3,073,518$3,536,884
37$3,799,343$3,263,205$3,116,319$3,726,916
38$4,124,818$3,361,045$3,158,659$3,931,742
39$4,481,538$3,461,724$3,200,462$4,152,753
40$4,872,626$3,565,320$3,241,649$4,391,482
41$5,301,526$3,671,913$3,282,136$4,649,613
42$5,772,028$3,781,583$3,321,834$4,929,001
43$6,288,308$3,894,414$3,360,648$5,231,686
44$6,854,966$4,010,490$3,398,481$5,559,914
45$7,477,068$4,129,900$3,435,226$5,916,158
46$8,160,197$4,252,733$3,470,773$6,303,138
47$8,910,499$4,379,079$3,505,006$6,723,851
48$9,734,747$4,509,031$3,537,802$7,181,595
49$10,640,404$4,642,686$3,569,030$7,680,002
50$11,635,687$4,780,140$3,598,555$8,223,071
51$12,729,654$4,921,493$3,626,233$8,815,206
52$13,932,279$5,066,848$3,651,913$9,461,257
53$15,254,555$5,216,306$3,675,435$10,166,565
54$16,708,590$5,369,976$3,696,633$10,937,013
55$18,307,726$5,527,964$3,715,330$11,779,081
56$20,066,662$5,690,382$3,731,341$12,699,905
57$22,001,593$5,857,343$3,744,472$13,707,349
58$24,130,363$6,028,960$3,754,520$14,810,071
59$26,472,633$6,205,352$3,761,269$16,017,613
60$29,050,065$6,386,638$3,764,495$17,340,483
61$31,886,528$6,572,939$3,763,962$18,790,260
62$35,008,321$6,764,380$3,759,421$20,379,700
63$38,444,421$6,961,086$3,750,614$22,122,855
64$42,226,759$7,163,187$3,737,267$24,035,208
65$46,390,518$7,370,812$3,719,094$26,133,819
66$50,974,463$7,584,094$3,695,796$28,437,481
67$56,021,313$7,803,169$3,667,060$30,966,903
68$61,578,136$8,028,174$3,632,555$33,744,902
69$67,696,799$8,259,247$3,591,939$36,796,618
70$74,434,452$8,496,530$3,544,848$40,149,753
71$81,854,072$8,740,166$3,490,907$43,834,828
72$90,025,054$8,990,300$3,429,719$47,885,478
73$99,023,864$9,247,080$3,360,869$52,338,761
74$108,934,766$9,510,654$3,283,926$57,235,513
75$119,850,609$9,781,173$3,198,434$62,620,732
76$131,873,709$10,058,789$3,103,920$68,544,002
77$145,116,814$10,343,656$2,999,887$75,059,961
78$159,704,162$10,635,929$2,885,817$82,228,815
79$175,772,662$10,935,764$2,761,167$90,116,911
80$193,473,176$11,243,320$2,625,369$98,797,357
81$212,971,952$11,558,754$2,477,831$108,350,715
82$234,452,185$11,882,227$2,317,932$118,865,763
83$258,115,750$12,213,898$2,145,025$130,440,330
84$284,185,107$12,553,929$1,958,434$143,182,219
85$312,905,396$12,902,480$1,757,450$157,210,230
86$344,546,758$13,259,713$1,541,335$172,655,273
87$379,406,876$13,625,788$1,309,319$189,661,612
88$417,813,791$14,000,865$1,060,595$208,388,222
89$460,128,995$14,385,105$794,322$229,010,290
90$506,750,843$14,778,665$509,622$251,720,871
91$558,118,313$15,181,704$205,579$276,732,710
92$614,715,150$15,594,377$0$304,280,249
93$677,074,431$16,016,837$0$334,644,678
94$745,783,596$16,449,235$0$368,131,486
95$821,489,994$16,891,719$0$405,015,094
96$904,906,994$17,344,434$0$445,641,456
97$996,820,716$17,807,519$0$490,391,801
98$1,098,097,454$18,281,112$0$539,686,230
99$1,209,691,851$18,765,344$0$593,987,681
100$1,332,655,913$19,260,339$0$653,806,300