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%18.1%
1 years$241,957$239,801$237,699$235,646$233,642$225,982
2 years$119,781$117,550$115,388$113,292$111,258$103,614
3 years$79,060$76,820$74,664$72,587$70,587$63,198
4 years$58,704$56,471$54,336$52,295$50,343$43,267
5 years$46,494$44,274$42,167$40,167$38,270$31,525
6 years$38,356$36,153$34,077$32,122$30,282$23,874
7 years$32,546$30,361$28,318$26,409$24,627$18,555
8 years$28,190$26,025$24,016$22,154$20,431$14,690
9 years$24,804$22,660$20,685$18,870$17,206$11,790
10 years$22,097$19,973$18,034$16,267$14,660$9,560
11 years$19,884$17,781$15,877$14,157$12,608$7,815
12 years$18,040$15,959$14,090$12,417$10,926$6,429
13 years$16,482$14,423$12,589$10,963$9,528$5,316
14 years$15,147$13,110$11,311$9,731$8,352$4,413
15 years$13,991$11,976$10,212$8,679$7,354$3,676
16 years$12,981$10,988$9,259$7,771$6,499$3,070
17 years$12,091$10,119$8,425$6,982$5,763$2,570
18 years$11,300$9,351$7,691$6,292$5,124$2,156
19 years$10,593$8,666$7,041$5,686$4,567$1,811
20 years$9,958$8,053$6,462$5,149$4,079$1,523
21 years$9,384$7,501$5,944$4,673$3,651$1,282
22 years$8,863$7,002$5,478$4,249$3,272$1,080
23 years$8,388$6,549$5,058$3,870$2,937$911
24 years$7,953$6,136$4,678$3,530$2,640$769
25 years$7,554$5,758$4,332$3,223$2,376$649
26 years$7,186$5,412$4,018$2,947$2,140$548
27 years$6,846$5,093$3,731$2,698$1,929$463
28 years$6,530$4,799$3,469$2,472$1,741$392
29 years$6,237$4,527$3,228$2,267$1,572$331
30 years$5,964$4,276$3,007$2,080$1,420$280
31 years$5,709$4,042$2,803$1,910$1,284$237
32 years$5,471$3,824$2,615$1,756$1,162$200
33 years$5,247$3,622$2,442$1,615$1,051$170
34 years$5,037$3,433$2,282$1,486$952$143
35 years$4,840$3,256$2,133$1,368$862$121
36 years$4,654$3,090$1,995$1,259$781$103
37 years$4,478$2,935$1,868$1,160$708$87
38 years$4,312$2,789$1,749$1,070$642$74
39 years$4,155$2,652$1,639$986$582$62
40 years$4,006$2,524$1,536$910$528$53
41 years$3,865$2,402$1,440$839$479$45
42 years$3,730$2,288$1,351$775$435$38
43 years$3,603$2,180$1,268$715$394$32
44 years$3,481$2,078$1,190$660$358$27
45 years$3,366$1,981$1,117$610$325$23
46 years$3,255$1,890$1,049$563$295$19
47 years$3,150$1,804$986$520$268$16
48 years$3,049$1,722$926$481$243$14
49 years$2,953$1,644$871$444$221$12
50 years$2,861$1,571$819$411$201$10

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 $2,668 every year, while hoping to spend $54,341 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: 70/10/20 Blend
34$2,930,000$2,930,000$2,930,000$2,930,000
35$3,231,612$3,076,322$3,030,907$3,441,832
36$3,503,418$3,169,243$3,074,624$3,675,314
37$3,801,127$3,264,897$3,117,984$3,924,114
38$4,127,324$3,363,358$3,160,918$4,195,102
39$4,484,855$3,464,707$3,203,353$4,490,464
40$4,876,855$3,569,022$3,245,210$4,812,614
41$5,306,777$3,676,387$3,286,408$5,164,205
42$5,778,425$3,786,887$3,326,859$5,548,163
43$6,295,986$3,900,607$3,366,471$5,967,710
44$6,864,077$4,017,636$3,405,148$6,426,393
45$7,487,778$4,138,066$3,442,786$6,928,123
46$8,172,689$4,261,989$3,479,277$7,477,206
47$8,924,978$4,389,501$3,514,507$8,078,385
48$9,751,438$4,520,699$3,548,356$8,736,889
49$10,659,555$4,655,683$3,580,696$9,458,474
50$11,657,574$4,794,556$3,611,393$10,249,485
51$12,754,580$4,937,422$3,640,308$11,116,912
52$13,960,580$5,084,389$3,667,291$12,068,455
53$15,286,600$5,235,565$3,692,187$13,112,600
54$16,744,789$5,391,064$3,714,830$14,258,695
55$18,348,530$5,550,998$3,735,050$15,517,041
56$20,112,569$5,715,487$3,752,664$16,898,990
57$22,053,155$5,884,649$3,767,481$18,417,046
58$24,188,186$6,058,606$3,779,301$20,084,990
59$26,537,387$6,237,484$3,787,914$21,918,008
60$29,122,490$6,421,411$3,793,099$23,932,831
61$31,967,440$6,610,515$3,794,624$26,147,895
62$35,098,620$6,804,932$3,792,244$28,583,518
63$38,545,101$7,004,795$3,785,707$31,262,087
64$42,338,916$7,210,244$3,774,742$34,208,270
65$46,515,359$7,421,420$3,759,070$37,449,251
66$51,113,323$7,638,467$3,738,395$41,014,987
67$56,175,661$7,861,531$3,712,411$44,938,486
68$61,749,593$8,090,761$3,680,792$49,256,124
69$67,887,154$8,326,310$3,643,200$54,007,984
70$74,645,677$8,568,333$3,599,281$59,238,240
71$82,088,342$8,816,987$3,548,663$64,995,567
72$90,284,766$9,072,433$3,490,956$71,333,604
73$99,311,663$9,334,833$3,425,754$78,311,462
74$109,253,565$9,604,352$3,352,629$85,994,280
75$120,203,624$9,881,160$3,271,137$94,453,839
76$132,264,483$10,165,427$3,180,810$103,769,241
77$145,549,252$10,457,325$3,081,159$114,027,657
78$160,182,573$10,757,031$2,971,675$125,325,149
79$176,301,792$11,064,722$2,851,823$137,767,574
80$194,058,261$11,380,579$2,721,044$151,471,589
81$213,618,760$11,704,784$2,578,756$166,565,748
82$235,167,076$12,037,521$2,424,348$183,191,717
83$258,905,736$12,378,978$2,257,181$201,505,615
84$285,057,915$12,729,342$2,076,591$221,679,480
85$313,869,546$13,088,803$1,881,880$243,902,903
86$345,611,639$13,457,553$1,672,322$268,384,810
87$380,582,838$13,835,785$1,447,157$295,355,441
88$419,112,242$14,223,693$1,205,591$325,068,518
89$461,562,509$14,621,472$946,796$357,803,646
90$508,333,278$15,029,318$669,908$393,868,951
91$559,864,945$15,447,428$374,022$433,603,986
92$616,642,815$15,875,997$58,197$477,382,942
93$679,201,684$16,315,223$0$525,618,182
94$748,130,890$16,765,302$0$578,823,632
95$824,079,868$17,226,430$0$637,457,685
96$907,764,292$17,698,802$0$702,059,997
97$999,972,816$18,182,610$0$773,238,956
98$1,101,574,533$18,678,047$0$851,664,997
99$1,213,527,166$19,185,302$0$938,076,928
100$1,336,886,116$19,704,561$0$1,033,288,903