Can I retire at age 35 with 3,000,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$247,737$245,530$243,378$241,276$239,224$233,063
2 years$122,642$120,358$118,144$115,998$113,916$107,750
3 years$80,949$78,655$76,447$74,321$72,273$66,294
4 years$60,107$57,820$55,634$53,544$51,546$45,801
5 years$47,605$45,332$43,174$41,127$39,184$33,689
6 years$39,273$37,017$34,891$32,890$31,005$25,765
7 years$33,324$31,087$28,995$27,040$25,216$20,231
8 years$28,864$26,647$24,590$22,684$20,919$16,187
9 years$25,397$23,201$21,179$19,321$17,617$13,134
10 years$22,625$20,450$18,465$16,655$15,010$10,771
11 years$20,359$18,206$16,256$14,495$12,909$8,908
12 years$18,471$16,341$14,427$12,714$11,187$7,416
13 years$16,875$14,767$12,889$11,225$9,755$6,206
14 years$15,509$13,423$11,581$9,964$8,551$5,217
15 years$14,326$12,262$10,456$8,886$7,529$4,401
16 years$13,291$11,250$9,480$7,957$6,654$3,724
17 years$12,379$10,361$8,626$7,149$5,900$3,159
18 years$11,570$9,574$7,875$6,443$5,246$2,685
19 years$10,846$8,873$7,209$5,821$4,676$2,286
20 years$10,196$8,245$6,616$5,272$4,177$1,949
21 years$9,608$7,680$6,086$4,785$3,738$1,664
22 years$9,075$7,169$5,609$4,351$3,350$1,422
23 years$8,589$6,705$5,179$3,962$3,007$1,216
24 years$8,143$6,282$4,789$3,614$2,703$1,041
25 years$7,734$5,896$4,436$3,300$2,432$892
26 years$7,358$5,541$4,114$3,018$2,191$764
27 years$7,009$5,215$3,820$2,762$1,975$655
28 years$6,686$4,914$3,551$2,531$1,782$562
29 years$6,386$4,636$3,305$2,321$1,610$482
30 years$6,107$4,378$3,078$2,130$1,454$414
31 years$5,846$4,139$2,870$1,956$1,315$355
32 years$5,601$3,916$2,678$1,798$1,189$305
33 years$5,373$3,708$2,500$1,653$1,076$262
34 years$5,158$3,515$2,336$1,521$975$225
35 years$4,955$3,334$2,184$1,400$883$193
36 years$4,765$3,164$2,043$1,290$800$166
37 years$4,585$3,005$1,912$1,188$725$143
38 years$4,415$2,856$1,791$1,095$657$123
39 years$4,254$2,716$1,678$1,010$596$106
40 years$4,101$2,584$1,573$931$541$91
41 years$3,957$2,460$1,475$859$490$78
42 years$3,819$2,342$1,383$793$445$67
43 years$3,689$2,232$1,298$732$404$58
44 years$3,564$2,127$1,218$676$367$50
45 years$3,446$2,029$1,144$624$333$43
46 years$3,333$1,935$1,074$577$302$37
47 years$3,225$1,847$1,009$533$274$31
48 years$3,122$1,763$949$492$249$27
49 years$3,023$1,684$892$455$226$23
50 years$2,929$1,608$838$421$206$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,000,000, adding $6,808 every year, while hoping to spend $20,907 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: 26/46/28 Blend
34$3,000,000$3,000,000$3,000,000$3,000,000
35$3,313,022$3,154,022$3,107,522$3,370,034
36$3,628,706$3,286,325$3,189,380$3,549,723
37$3,975,888$3,424,409$3,273,278$3,740,148
38$4,357,760$3,568,537$3,359,265$3,944,034
39$4,777,838$3,718,981$3,447,386$4,162,535
40$5,239,995$3,876,028$3,537,690$4,396,910
41$5,748,498$4,039,977$3,630,227$4,648,543
42$6,308,050$4,211,142$3,725,045$4,918,946
43$6,923,833$4,389,849$3,822,195$5,209,776
44$7,601,554$4,576,442$3,921,730$5,522,850
45$8,347,506$4,771,281$4,023,701$5,860,158
46$9,168,618$4,974,740$4,128,161$6,223,884
47$10,072,528$5,187,214$4,235,166$6,616,419
48$11,067,651$5,409,112$4,344,769$7,040,392
49$12,163,260$5,640,868$4,457,027$7,498,682
50$13,369,573$5,882,930$4,571,998$7,994,451
51$14,697,848$6,135,772$4,689,738$8,531,169
52$16,160,491$6,399,888$4,810,307$9,112,647
53$17,771,173$6,675,794$4,933,764$9,743,069
54$19,544,957$6,964,032$5,060,170$10,427,029
55$21,498,442$7,265,170$5,189,585$11,169,574
56$23,649,920$7,579,800$5,322,073$11,976,250
57$26,019,546$7,908,544$5,457,696$12,853,150
58$28,629,529$8,252,052$5,596,519$13,806,970
59$31,504,345$8,611,006$5,738,606$14,845,070
60$34,670,961$8,986,119$5,884,022$15,975,541
61$38,159,098$9,378,137$6,032,836$17,207,276
62$42,001,503$9,787,843$6,185,113$18,550,056
63$46,234,263$10,216,055$6,340,921$20,014,635
64$50,897,147$10,663,630$6,500,331$21,612,842
65$56,033,975$11,131,467$6,663,411$23,357,686
66$61,693,036$11,620,505$6,830,232$25,263,476
67$67,927,546$12,131,729$7,000,864$27,345,955
68$74,796,143$12,666,171$7,175,380$29,622,443
69$82,363,446$13,224,910$7,353,852$32,111,998
70$90,700,664$13,809,077$7,536,352$34,835,587
71$99,886,267$14,419,857$7,722,955$37,816,289
72$110,006,726$15,058,490$7,913,735$41,079,498
73$121,157,333$15,726,277$8,108,765$44,653,166
74$133,443,093$16,424,577$8,308,122$48,568,059
75$146,979,725$17,154,817$8,511,880$52,858,042
76$161,894,744$17,918,490$8,720,115$57,560,392
77$178,328,672$18,717,161$8,932,903$62,716,150
78$196,436,362$19,552,467$9,150,320$68,370,496
79$216,388,458$20,426,125$9,372,443$74,573,174
80$238,373,009$21,339,934$9,599,349$81,378,954
81$262,597,242$22,295,776$9,831,112$88,848,142
82$289,289,517$23,295,626$10,067,811$97,047,141
83$318,701,486$24,341,550$10,309,521$106,049,075
84$351,110,465$25,435,714$10,556,318$115,934,468
85$386,822,056$26,580,387$10,808,278$126,791,997
86$426,173,026$27,777,946$11,065,475$138,719,322
87$469,534,491$29,030,882$11,327,985$151,823,999
88$517,315,418$30,341,803$11,595,882$166,224,485
89$569,966,484$31,713,445$11,869,237$182,051,250
90$627,984,333$33,148,672$12,148,124$199,447,994
91$691,916,263$34,650,485$12,432,614$218,573,000
92$762,365,391$36,222,028$12,722,777$239,600,609
93$839,996,352$37,866,598$13,018,680$262,722,864
94$925,541,565$39,587,647$13,320,391$288,151,302
95$1,019,808,156$41,388,793$13,627,976$316,118,948
96$1,123,685,573$43,273,828$13,941,497$346,882,492
97$1,238,153,980$45,246,725$14,261,017$380,724,707
98$1,364,293,518$47,311,647$14,586,593$417,957,102
99$1,503,294,496$49,472,956$14,918,283$458,922,845
100$1,656,468,630$51,735,226$15,256,140$503,999,991