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

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 $2,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$241,957$239,801$237,699$235,646$233,642$227,533
2 years$119,781$117,550$115,388$113,292$111,258$105,144
3 years$79,060$76,820$74,664$72,587$70,587$64,660
4 years$58,704$56,471$54,336$52,295$50,343$44,649
5 years$46,494$44,274$42,167$40,167$38,270$32,825
6 years$38,356$36,153$34,077$32,122$30,282$25,090
7 years$32,546$30,361$28,318$26,409$24,627$19,690
8 years$28,190$26,025$24,016$22,154$20,431$15,745
9 years$24,804$22,660$20,685$18,870$17,206$12,768
10 years$22,097$19,973$18,034$16,267$14,660$10,464
11 years$19,884$17,781$15,877$14,157$12,608$8,648
12 years$18,040$15,959$14,090$12,417$10,926$7,195
13 years$16,482$14,423$12,589$10,963$9,528$6,018
14 years$15,147$13,110$11,311$9,731$8,352$5,055
15 years$13,991$11,976$10,212$8,679$7,354$4,261
16 years$12,981$10,988$9,259$7,771$6,499$3,603
17 years$12,091$10,119$8,425$6,982$5,763$3,054
18 years$11,300$9,351$7,691$6,292$5,124$2,594
19 years$10,593$8,666$7,041$5,686$4,567$2,207
20 years$9,958$8,053$6,462$5,149$4,079$1,880
21 years$9,384$7,501$5,944$4,673$3,651$1,604
22 years$8,863$7,002$5,478$4,249$3,272$1,370
23 years$8,388$6,549$5,058$3,870$2,937$1,171
24 years$7,953$6,136$4,678$3,530$2,640$1,001
25 years$7,554$5,758$4,332$3,223$2,376$857
26 years$7,186$5,412$4,018$2,947$2,140$734
27 years$6,846$5,093$3,731$2,698$1,929$629
28 years$6,530$4,799$3,469$2,472$1,741$539
29 years$6,237$4,527$3,228$2,267$1,572$462
30 years$5,964$4,276$3,007$2,080$1,420$396
31 years$5,709$4,042$2,803$1,910$1,284$340
32 years$5,471$3,824$2,615$1,756$1,162$292
33 years$5,247$3,622$2,442$1,615$1,051$250
34 years$5,037$3,433$2,282$1,486$952$215
35 years$4,840$3,256$2,133$1,368$862$184
36 years$4,654$3,090$1,995$1,259$781$158
37 years$4,478$2,935$1,868$1,160$708$136
38 years$4,312$2,789$1,749$1,070$642$117
39 years$4,155$2,652$1,639$986$582$100
40 years$4,006$2,524$1,536$910$528$86
41 years$3,865$2,402$1,440$839$479$74
42 years$3,730$2,288$1,351$775$435$63
43 years$3,603$2,180$1,268$715$394$55
44 years$3,481$2,078$1,190$660$358$47
45 years$3,366$1,981$1,117$610$325$40
46 years$3,255$1,890$1,049$563$295$35
47 years$3,150$1,804$986$520$268$30
48 years$3,049$1,722$926$481$243$25
49 years$2,953$1,644$871$444$221$22
50 years$2,861$1,571$819$411$201$19

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 $4,668 every year, while hoping to spend $22,301 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: 28/46/26 Blend
34$2,930,000$2,930,000$2,930,000$2,930,000
35$3,233,675$3,078,385$3,032,970$3,297,928
36$3,539,782$3,205,498$3,110,846$3,476,351
37$3,876,364$3,338,092$3,190,584$3,665,659
38$4,246,507$3,476,412$3,272,222$3,868,599
39$4,653,609$3,620,714$3,355,800$4,086,351
40$5,101,415$3,771,267$3,441,357$4,320,213
41$5,594,051$3,928,351$3,528,934$4,571,604
42$6,136,063$4,092,259$3,618,573$4,842,078
43$6,732,460$4,263,298$3,710,314$5,133,341
44$7,388,761$4,441,790$3,804,199$5,447,262
45$8,111,046$4,628,070$3,900,272$5,785,891
46$8,906,017$4,822,489$3,998,575$6,151,477
47$9,781,055$5,025,416$4,099,152$6,546,486
48$10,744,297$5,237,235$4,202,047$6,973,626
49$11,804,704$5,458,348$4,307,304$7,435,870
50$12,972,154$5,689,178$4,414,970$7,936,481
51$14,257,530$5,930,164$4,525,088$8,479,041
52$15,672,825$6,181,768$4,637,704$9,067,486
53$17,231,252$6,444,474$4,752,866$9,706,138
54$18,947,372$6,718,785$4,870,620$10,399,748
55$20,837,230$7,005,232$4,991,012$11,153,533
56$22,918,506$7,304,367$5,114,089$11,973,229
57$25,210,683$7,616,770$5,239,900$12,865,140
58$27,735,228$7,943,047$5,368,492$13,836,195
59$30,515,797$8,283,833$5,499,913$14,894,013
60$33,578,460$8,639,792$5,634,212$16,046,971
61$36,951,941$9,011,620$5,771,436$17,304,282
62$40,667,894$9,400,044$5,911,634$18,676,076
63$44,761,200$9,805,827$6,054,854$20,173,498
64$49,270,296$10,229,767$6,201,146$21,808,806
65$54,237,539$10,672,698$6,350,557$23,595,486
66$59,709,604$11,135,496$6,503,137$25,548,374
67$65,737,924$11,619,076$6,658,932$27,683,796
68$72,379,178$12,124,396$6,817,992$30,019,716
69$79,695,823$12,652,460$6,980,364$32,575,904
70$87,756,686$13,204,320$7,146,095$35,374,116
71$96,637,611$13,781,075$7,315,233$38,438,300
72$106,422,178$14,383,879$7,487,824$41,794,812
73$117,202,488$15,013,936$7,663,913$45,472,666
74$129,080,035$15,672,512$7,843,548$49,503,801
75$142,166,663$16,360,930$8,026,771$53,923,379
76$156,585,621$17,080,574$8,213,626$58,770,110
77$172,472,729$17,832,896$8,404,157$64,086,614
78$189,977,656$18,619,417$8,598,405$69,919,817
79$209,265,336$19,441,728$8,796,411$76,321,392
80$230,517,523$20,301,495$8,998,213$83,348,235
81$253,934,508$21,200,466$9,203,851$91,063,001
82$279,737,007$22,140,468$9,413,359$99,534,686
83$308,168,248$23,123,417$9,626,773$108,839,275
84$339,496,265$24,151,320$9,844,126$119,060,449
85$374,016,428$25,226,279$10,065,448$130,290,371
86$412,054,231$26,350,494$10,290,767$142,630,544
87$453,968,366$27,526,271$10,520,111$156,192,767
88$500,154,107$28,756,027$10,753,503$171,100,177
89$551,047,045$30,042,291$10,990,964$187,488,409
90$607,127,194$31,387,714$11,232,513$205,506,858
91$668,923,530$32,795,074$11,478,164$225,320,090
92$737,018,977$34,267,279$11,727,929$247,109,379
93$812,055,914$35,807,377$11,981,816$271,074,412
94$894,742,241$37,418,562$12,239,830$297,435,159
95$985,858,056$39,104,179$12,501,972$326,433,942
96$1,086,263,026$40,867,732$12,768,236$358,337,712
97$1,196,904,498$42,712,894$13,038,615$393,440,549
98$1,318,826,443$44,643,512$13,313,095$432,066,437
99$1,453,179,314$46,663,617$13,591,657$474,572,299
100$1,601,230,903$48,777,434$13,874,277$521,351,357