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%13.8%
1 years$246,911$244,712$242,566$240,472$238,427$234,670
2 years$122,233$119,957$117,751$115,611$113,537$109,762
3 years$80,679$78,393$76,192$74,073$72,032$68,356
4 years$59,907$57,627$55,449$53,366$51,374$47,825
5 years$47,446$45,180$43,030$40,990$39,054$35,643
6 years$39,142$36,893$34,775$32,780$30,902$27,633
7 years$33,213$30,983$28,898$26,950$25,131$22,005
8 years$28,768$26,558$24,508$22,608$20,849$17,864
9 years$25,312$23,124$21,109$19,257$17,558$14,714
10 years$22,550$20,382$18,403$16,600$14,960$12,254
11 years$20,291$18,145$16,202$14,447$12,866$10,296
12 years$18,410$16,286$14,379$12,672$11,150$8,711
13 years$16,819$14,718$12,846$11,187$9,723$7,413
14 years$15,457$13,378$11,542$9,931$8,523$6,338
15 years$14,278$12,221$10,421$8,856$7,504$5,441
16 years$13,247$11,213$9,448$7,930$6,632$4,685
17 years$12,338$10,326$8,598$7,125$5,881$4,046
18 years$11,531$9,542$7,849$6,421$5,229$3,502
19 years$10,810$8,844$7,185$5,802$4,660$3,038
20 years$10,162$8,218$6,594$5,255$4,163$2,639
21 years$9,576$7,655$6,065$4,769$3,725$2,297
22 years$9,045$7,145$5,590$4,336$3,339$2,001
23 years$8,560$6,683$5,161$3,949$2,997$1,745
24 years$8,116$6,261$4,773$3,602$2,694$1,524
25 years$7,709$5,876$4,421$3,289$2,424$1,331
26 years$7,333$5,523$4,100$3,008$2,184$1,164
27 years$6,986$5,197$3,808$2,753$1,969$1,018
28 years$6,664$4,897$3,540$2,522$1,777$892
29 years$6,365$4,620$3,294$2,313$1,604$781
30 years$6,086$4,363$3,068$2,123$1,449$684
31 years$5,826$4,125$2,860$1,950$1,310$600
32 years$5,583$3,903$2,669$1,792$1,185$526
33 years$5,355$3,696$2,492$1,648$1,073$461
34 years$5,140$3,503$2,328$1,516$971$404
35 years$4,939$3,323$2,177$1,396$880$355
36 years$4,749$3,154$2,036$1,285$797$311
37 years$4,570$2,995$1,906$1,184$722$273
38 years$4,400$2,846$1,785$1,091$655$240
39 years$4,240$2,707$1,672$1,006$594$211
40 years$4,088$2,575$1,567$928$539$185
41 years$3,944$2,451$1,470$856$489$162
42 years$3,807$2,335$1,379$790$443$143
43 years$3,676$2,224$1,294$730$402$125
44 years$3,553$2,120$1,214$674$365$110
45 years$3,434$2,022$1,140$622$332$97
46 years$3,322$1,929$1,071$575$301$85
47 years$3,214$1,841$1,006$531$273$75
48 years$3,112$1,757$945$491$248$66
49 years$3,013$1,678$889$453$226$58
50 years$2,919$1,603$835$419$205$51

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 $2,569 every year, while hoping to spend $26,001 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: 59/11/30 Blend
34$2,990,000$2,990,000$2,990,000$2,990,000
35$3,297,630$3,139,160$3,092,815$3,465,008
36$3,606,323$3,265,314$3,168,759$3,706,110
37$3,945,632$3,396,778$3,246,376$3,966,022
38$4,318,651$3,533,785$3,325,695$4,249,022
39$4,728,791$3,676,578$3,406,743$4,557,363
40$5,179,809$3,825,411$3,489,550$4,893,526
41$5,675,844$3,980,551$3,574,145$5,260,243
42$6,221,457$4,142,275$3,660,556$5,660,520
43$6,821,673$4,310,874$3,748,812$6,097,666
44$7,482,029$4,486,652$3,838,942$6,575,325
45$8,208,623$4,669,925$3,930,974$7,097,509
46$9,008,179$4,861,027$4,024,937$7,668,636
47$9,888,100$5,060,305$4,120,860$8,293,569
48$10,856,548$5,268,122$4,218,770$8,977,664
49$11,922,514$5,484,857$4,318,697$9,726,820
50$13,095,903$5,710,908$4,420,666$10,547,533
51$14,387,633$5,946,690$4,524,706$11,446,956
52$15,809,732$6,192,638$4,630,844$12,432,969
53$17,375,453$6,449,207$4,739,106$13,514,250
54$19,099,402$6,716,870$4,849,519$14,700,358
55$20,997,670$6,996,126$4,962,107$16,001,821
56$23,087,991$7,287,495$5,076,896$17,430,236
57$25,389,905$7,591,520$5,193,910$18,998,378
58$27,924,942$7,908,772$5,313,173$20,720,320
59$30,716,828$8,239,844$5,434,707$22,611,563
60$33,791,709$8,585,361$5,558,534$24,689,185
61$37,178,393$8,945,973$5,684,675$26,971,999
62$40,908,627$9,322,363$5,813,149$29,480,731
63$45,017,392$9,715,245$5,943,975$32,238,213
64$49,543,239$10,125,364$6,077,171$35,269,601
65$54,528,645$10,553,503$6,212,751$38,602,609
66$60,020,420$11,000,478$6,350,732$42,267,771
67$66,070,147$11,467,145$6,491,126$46,298,727
68$72,734,667$11,954,400$6,633,943$50,732,542
69$80,076,617$12,463,180$6,779,194$55,610,052
70$88,165,020$12,994,464$6,926,886$60,976,250
71$97,075,940$13,549,280$7,077,024$66,880,711
72$106,893,192$14,128,702$7,229,611$73,378,057
73$117,709,144$14,733,854$7,384,648$80,528,471
74$129,625,576$15,365,912$7,542,134$88,398,267
75$142,754,653$16,026,110$7,702,064$97,060,511
76$157,219,975$16,715,737$7,864,430$106,595,712
77$173,157,747$17,436,142$8,029,223$117,092,582
78$190,718,063$18,188,739$8,196,428$128,648,867
79$210,066,326$18,975,008$8,366,028$141,372,275
80$231,384,804$19,796,496$8,538,004$155,381,486
81$254,874,357$20,654,827$8,712,329$170,807,274
82$280,756,325$21,551,698$8,888,976$187,793,737
83$309,274,625$22,488,885$9,067,911$206,499,661
84$340,698,047$23,468,252$9,249,097$227,100,011
85$375,322,798$24,491,745$9,432,491$249,787,585
86$413,475,289$25,561,407$9,618,046$274,774,833
87$455,515,226$26,679,374$9,805,708$302,295,857
88$501,838,999$27,847,882$9,995,419$332,608,622
89$552,883,424$29,069,277$10,187,113$365,997,388
90$609,129,872$30,346,010$10,380,720$402,775,395
91$671,108,806$31,680,651$10,576,162$443,287,811
92$739,404,794$33,075,893$10,773,352$487,914,995
93$814,662,023$34,534,552$10,972,200$537,076,082
94$897,590,385$36,059,580$11,172,604$591,232,939
95$988,972,175$37,654,070$11,374,456$650,894,521
96$1,089,669,475$39,321,257$11,577,639$716,621,676
97$1,200,632,297$41,064,535$11,782,025$789,032,434
98$1,322,907,548$42,887,453$11,987,480$868,807,841
99$1,457,648,913$44,793,734$12,193,856$956,698,385
100$1,606,127,748$46,787,273$12,400,996$1,053,531,078