Can I retire at age 35 with 2,990,000?

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 $2,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$246,911$244,712$242,566$240,472$238,427$229,239
2 years$122,233$119,957$117,751$115,611$113,537$104,389
3 years$80,679$78,393$76,192$74,073$72,032$63,214
4 years$59,907$57,627$55,449$53,366$51,374$42,951
5 years$47,446$45,180$43,030$40,990$39,054$31,048
6 years$39,142$36,893$34,775$32,780$30,902$23,319
7 years$33,213$30,983$28,898$26,950$25,131$17,969
8 years$28,768$26,558$24,508$22,608$20,849$14,100
9 years$25,312$23,124$21,109$19,257$17,558$11,213
10 years$22,550$20,382$18,403$16,600$14,960$9,007
11 years$20,291$18,145$16,202$14,447$12,866$7,291
12 years$18,410$16,286$14,379$12,672$11,150$5,939
13 years$16,819$14,718$12,846$11,187$9,723$4,860
14 years$15,457$13,378$11,542$9,931$8,523$3,993
15 years$14,278$12,221$10,421$8,856$7,504$3,291
16 years$13,247$11,213$9,448$7,930$6,632$2,719
17 years$12,338$10,326$8,598$7,125$5,881$2,251
18 years$11,531$9,542$7,849$6,421$5,229$1,867
19 years$10,810$8,844$7,185$5,802$4,660$1,550
20 years$10,162$8,218$6,594$5,255$4,163$1,289
21 years$9,576$7,655$6,065$4,769$3,725$1,073
22 years$9,045$7,145$5,590$4,336$3,339$893
23 years$8,560$6,683$5,161$3,949$2,997$744
24 years$8,116$6,261$4,773$3,602$2,694$621
25 years$7,709$5,876$4,421$3,289$2,424$518
26 years$7,333$5,523$4,100$3,008$2,184$432
27 years$6,986$5,197$3,808$2,753$1,969$361
28 years$6,664$4,897$3,540$2,522$1,777$301
29 years$6,365$4,620$3,294$2,313$1,604$252
30 years$6,086$4,363$3,068$2,123$1,449$210
31 years$5,826$4,125$2,860$1,950$1,310$176
32 years$5,583$3,903$2,669$1,792$1,185$147
33 years$5,355$3,696$2,492$1,648$1,073$123
34 years$5,140$3,503$2,328$1,516$971$102
35 years$4,939$3,323$2,177$1,396$880$86
36 years$4,749$3,154$2,036$1,285$797$72
37 years$4,570$2,995$1,906$1,184$722$60
38 years$4,400$2,846$1,785$1,091$655$50
39 years$4,240$2,707$1,672$1,006$594$42
40 years$4,088$2,575$1,567$928$539$35
41 years$3,944$2,451$1,470$856$489$29
42 years$3,807$2,335$1,379$790$443$24
43 years$3,676$2,224$1,294$730$402$20
44 years$3,553$2,120$1,214$674$365$17
45 years$3,434$2,022$1,140$622$332$14
46 years$3,322$1,929$1,071$575$301$12
47 years$3,214$1,841$1,006$531$273$10
48 years$3,112$1,757$945$491$248$8
49 years$3,013$1,678$889$453$226$7
50 years$2,919$1,603$835$419$205$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,990,000, adding $5,893 every year, while hoping to spend $53,944 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: 47/43/10 Blend
34$2,990,000$2,990,000$2,990,000$2,990,000
35$3,301,059$3,142,589$3,096,244$3,446,835
36$3,580,371$3,239,179$3,142,572$3,644,452
37$3,886,364$3,338,695$3,188,644$3,852,719
38$4,221,705$3,441,222$3,234,395$4,077,516
39$4,589,326$3,546,850$3,279,754$4,320,394
40$4,992,460$3,655,669$3,324,649$4,583,062
41$5,434,668$3,767,773$3,369,001$4,867,397
42$5,919,869$3,883,259$3,412,728$5,175,467
43$6,452,383$4,002,226$3,455,742$5,509,542
44$7,036,967$4,124,776$3,497,950$5,872,125
45$7,678,862$4,251,014$3,539,256$6,265,967
46$8,383,840$4,381,048$3,579,555$6,694,095
47$9,158,260$4,514,987$3,618,738$7,159,843
48$10,009,128$4,652,947$3,656,691$7,666,877
49$10,944,161$4,795,044$3,693,293$8,219,237
50$11,971,862$4,941,397$3,728,414$8,821,365
51$13,101,597$5,092,131$3,761,922$9,478,157
52$14,343,687$5,247,372$3,793,673$10,194,999
53$15,709,500$5,407,251$3,823,518$10,977,824
54$17,211,563$5,571,900$3,851,299$11,833,164
55$18,863,676$5,741,457$3,876,852$12,768,211
56$20,681,046$5,916,063$3,900,002$13,790,888
57$22,680,426$6,095,864$3,920,565$14,909,917
58$24,880,275$6,281,006$3,938,349$16,134,908
59$27,300,931$6,471,644$3,953,152$17,476,443
60$29,964,805$6,667,933$3,964,762$18,946,177
61$32,896,588$6,870,035$3,972,954$20,556,948
62$36,123,487$7,078,114$3,977,495$22,322,900
63$39,675,481$7,292,339$3,978,139$24,259,610
64$43,585,601$7,512,885$3,974,627$26,384,238
65$47,890,244$7,739,928$3,966,690$28,715,689
66$52,629,517$7,973,653$3,954,042$31,274,788
67$57,847,611$8,214,245$3,936,386$34,084,479
68$63,593,223$8,461,898$3,913,410$37,170,038
69$69,920,009$8,716,809$3,884,787$40,559,311
70$76,887,096$8,979,179$3,850,173$44,282,978
71$84,559,636$9,249,215$3,809,210$48,374,840
72$93,009,422$9,527,130$3,761,522$52,872,140
73$102,315,565$9,813,140$3,706,714$57,815,910
74$112,565,238$10,107,470$3,644,375$63,251,358
75$123,854,503$10,410,346$3,574,072$69,228,298
76$136,289,212$10,722,003$3,495,353$75,801,613
77$149,986,010$11,042,680$3,407,747$83,031,779
78$165,073,434$11,372,623$3,310,757$90,985,429
79$181,693,124$11,712,081$3,203,867$99,735,985
80$200,001,162$12,061,312$3,086,535$109,364,347
81$220,169,542$12,420,578$2,958,196$119,959,661
82$242,387,798$12,790,149$2,818,258$131,620,152
83$266,864,786$13,170,299$2,666,103$144,454,057
84$293,830,660$13,561,309$2,501,083$158,580,642
85$323,539,042$13,963,467$2,322,524$174,131,329
86$356,269,414$14,377,068$2,129,718$191,250,932
87$392,329,761$14,802,410$1,921,930$210,099,029
88$432,059,470$15,239,802$1,698,388$230,851,462
89$475,832,540$15,689,556$1,458,288$253,701,998
90$524,061,107$16,151,992$1,200,789$278,864,158
91$577,199,338$16,627,438$925,014$306,573,230
92$635,747,715$17,116,227$630,046$337,088,490
93$700,257,759$17,618,699$314,929$370,695,647
94$771,337,236$18,135,201$0$407,709,543
95$849,655,895$18,666,087$0$448,479,400
96$935,951,788$19,211,717$0$493,421,263
97$1,031,038,239$19,772,460$0$542,922,913
98$1,135,811,518$20,348,689$0$597,448,733
99$1,251,259,304$20,940,785$0$657,510,453
100$1,378,470,007$21,549,138$0$723,671,979