Can I retire at age 35 with 2,950,000?

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 $2,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$243,608$241,438$239,321$237,255$235,237$226,441
2 years$120,598$118,352$116,175$114,065$112,018$103,256
3 years$79,600$77,344$75,173$73,082$71,069$62,618
4 years$59,105$56,856$54,707$52,652$50,687$42,611
5 years$46,811$44,576$42,455$40,442$38,531$30,851
6 years$38,618$36,400$34,310$32,341$30,488$23,209
7 years$32,768$30,568$28,512$26,590$24,795$17,915
8 years$28,383$26,203$24,180$22,305$20,570$14,083
9 years$24,974$22,814$20,826$18,999$17,323$11,220
10 years$22,248$20,110$18,157$16,378$14,760$9,030
11 years$20,019$17,902$15,985$14,253$12,694$7,324
12 years$18,163$16,068$14,186$12,502$11,000$5,977
13 years$16,594$14,521$12,674$11,038$9,593$4,902
14 years$15,250$13,199$11,388$9,798$8,409$4,036
15 years$14,087$12,058$10,282$8,738$7,404$3,333
16 years$13,070$11,063$9,322$7,824$6,544$2,760
17 years$12,173$10,188$8,483$7,030$5,802$2,290
18 years$11,377$9,414$7,744$6,335$5,159$1,903
19 years$10,666$8,725$7,089$5,724$4,598$1,584
20 years$10,026$8,108$6,506$5,185$4,107$1,320
21 years$9,448$7,552$5,984$4,705$3,675$1,101
22 years$8,924$7,050$5,515$4,278$3,295$919
23 years$8,445$6,593$5,092$3,896$2,957$768
24 years$8,008$6,178$4,710$3,554$2,658$642
25 years$7,606$5,797$4,362$3,245$2,392$537
26 years$7,235$5,449$4,046$2,967$2,155$449
27 years$6,892$5,128$3,757$2,716$1,943$376
28 years$6,575$4,832$3,492$2,489$1,753$315
29 years$6,280$4,558$3,250$2,282$1,583$263
30 years$6,005$4,305$3,027$2,094$1,430$221
31 years$5,748$4,070$2,822$1,923$1,293$185
32 years$5,508$3,851$2,633$1,768$1,170$155
33 years$5,283$3,647$2,459$1,626$1,058$130
34 years$5,072$3,456$2,297$1,496$958$109
35 years$4,873$3,278$2,148$1,377$868$91
36 years$4,685$3,111$2,009$1,268$786$76
37 years$4,508$2,955$1,880$1,168$713$64
38 years$4,341$2,808$1,761$1,077$646$54
39 years$4,183$2,671$1,650$993$586$45
40 years$4,033$2,541$1,546$916$531$38
41 years$3,891$2,419$1,450$845$482$32
42 years$3,756$2,303$1,360$780$438$26
43 years$3,627$2,195$1,276$720$397$22
44 years$3,505$2,092$1,198$665$360$19
45 years$3,388$1,995$1,125$614$327$16
46 years$3,277$1,903$1,057$567$297$13
47 years$3,171$1,816$993$524$270$11
48 years$3,070$1,734$933$484$245$9
49 years$2,973$1,656$877$447$223$8
50 years$2,880$1,581$824$414$202$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,950,000, adding $4,221 every year, while hoping to spend $35,800 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: 36/45/19 Blend
34$2,950,000$2,950,000$2,950,000$2,950,000
35$3,255,254$3,098,904$3,053,179$3,353,516
36$3,549,199$3,212,659$3,117,370$3,539,197
37$3,871,926$3,330,789$3,182,511$3,735,862
38$4,226,334$3,453,469$3,248,596$3,947,432
39$4,615,616$3,580,884$3,315,619$4,175,258
40$5,043,286$3,713,225$3,383,570$4,420,824
41$5,513,221$3,850,693$3,452,440$4,685,760
42$6,029,688$3,993,496$3,522,215$4,971,856
43$6,597,390$4,141,850$3,592,883$5,281,076
44$7,221,506$4,295,983$3,664,427$5,615,580
45$7,907,745$4,456,131$3,736,830$5,977,740
46$8,662,393$4,622,540$3,810,072$6,370,163
47$9,492,380$4,795,467$3,884,132$6,795,715
48$10,405,337$4,975,180$3,958,985$7,257,545
49$11,409,675$5,161,958$4,034,605$7,759,117
50$12,514,661$5,356,092$4,110,962$8,304,238
51$13,730,502$5,557,886$4,188,026$8,897,097
52$15,068,448$5,767,658$4,265,760$9,542,299
53$16,540,895$5,985,738$4,344,127$10,244,909
54$18,161,498$6,212,470$4,423,087$11,010,501
55$19,945,305$6,448,216$4,502,595$11,845,207
56$21,908,898$6,693,351$4,582,604$12,755,771
57$24,070,546$6,948,266$4,663,062$13,749,617
58$26,450,381$7,213,370$4,743,914$14,834,914
59$29,070,586$7,489,091$4,825,101$16,020,652
60$31,955,602$7,775,873$4,906,558$17,316,726
61$35,132,365$8,074,182$4,988,219$18,734,028
62$38,630,552$8,384,502$5,070,010$20,284,546
63$42,482,866$8,707,341$5,151,854$21,981,479
64$46,725,345$9,043,227$5,233,667$23,839,356
65$51,397,697$9,392,712$5,315,362$25,874,174
66$56,543,680$9,756,373$5,396,844$28,103,547
67$62,211,510$10,134,810$5,478,014$30,546,867
68$68,454,321$10,528,653$5,558,764$33,225,489
69$75,330,662$10,938,557$5,638,983$36,162,929
70$82,905,051$11,365,207$5,718,550$39,385,082
71$91,248,583$11,809,319$5,797,338$42,920,467
72$100,439,602$12,271,640$5,875,213$46,800,490
73$110,564,441$12,752,949$5,952,032$51,059,742
74$121,718,233$13,254,063$6,027,644$55,736,319
75$134,005,814$13,775,833$6,101,891$60,872,183
76$147,542,705$14,319,147$6,174,603$66,513,550
77$162,456,211$14,884,935$6,245,602$72,711,328
78$178,886,615$15,474,168$6,314,700$79,521,592
79$196,988,506$16,087,859$6,381,699$87,006,111
80$216,932,237$16,727,067$6,446,389$95,232,926
81$238,905,532$17,392,900$6,508,550$104,276,990
82$263,115,259$18,086,515$6,567,949$114,220,873
83$289,789,381$18,809,119$6,624,341$125,155,535
84$319,179,109$19,561,977$6,677,467$137,181,182
85$351,561,272$20,346,408$6,727,056$150,408,208
86$387,240,931$21,163,791$6,772,822$164,958,232
87$426,554,258$22,015,569$6,814,464$180,965,243
88$469,871,710$22,903,250$6,851,666$198,576,857
89$517,601,522$23,828,407$6,884,095$217,955,709
90$570,193,567$24,792,688$6,911,401$239,280,980
91$628,143,596$25,797,815$6,933,218$262,750,087
92$691,997,922$26,845,587$6,949,160$288,580,537
93$762,358,575$27,937,886$6,958,822$317,011,976
94$839,888,986$29,076,678$6,961,779$348,308,446
95$925,320,248$30,264,022$6,957,584$382,760,870
96$1,019,458,021$31,502,066$6,945,771$420,689,794
97$1,123,190,133$32,793,061$6,925,848$462,448,402
98$1,237,494,963$34,139,357$6,897,300$508,425,845
99$1,363,450,677$35,543,414$6,859,588$559,050,911
100$1,502,245,409$37,007,804$6,812,146$614,796,057