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

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 $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%17.7%
1 years$247,737$245,530$243,378$241,276$239,224$231,752
2 years$122,642$120,358$118,144$115,998$113,916$106,455
3 years$80,949$78,655$76,447$74,321$72,273$65,056
4 years$60,107$57,820$55,634$53,544$51,546$44,629
5 years$47,605$45,332$43,174$41,127$39,184$32,586
6 years$39,273$37,017$34,891$32,890$31,005$24,731
7 years$33,324$31,087$28,995$27,040$25,216$19,265
8 years$28,864$26,647$24,590$22,684$20,919$15,288
9 years$25,397$23,201$21,179$19,321$17,617$12,300
10 years$22,625$20,450$18,465$16,655$15,010$9,999
11 years$20,359$18,206$16,256$14,495$12,909$8,195
12 years$18,471$16,341$14,427$12,714$11,187$6,760
13 years$16,875$14,767$12,889$11,225$9,755$5,604
14 years$15,509$13,423$11,581$9,964$8,551$4,666
15 years$14,326$12,262$10,456$8,886$7,529$3,897
16 years$13,291$11,250$9,480$7,957$6,654$3,265
17 years$12,379$10,361$8,626$7,149$5,900$2,741
18 years$11,570$9,574$7,875$6,443$5,246$2,306
19 years$10,846$8,873$7,209$5,821$4,676$1,942
20 years$10,196$8,245$6,616$5,272$4,177$1,639
21 years$9,608$7,680$6,086$4,785$3,738$1,384
22 years$9,075$7,169$5,609$4,351$3,350$1,170
23 years$8,589$6,705$5,179$3,962$3,007$990
24 years$8,143$6,282$4,789$3,614$2,703$838
25 years$7,734$5,896$4,436$3,300$2,432$710
26 years$7,358$5,541$4,114$3,018$2,191$601
27 years$7,009$5,215$3,820$2,762$1,975$510
28 years$6,686$4,914$3,551$2,531$1,782$432
29 years$6,386$4,636$3,305$2,321$1,610$367
30 years$6,107$4,378$3,078$2,130$1,454$311
31 years$5,846$4,139$2,870$1,956$1,315$264
32 years$5,601$3,916$2,678$1,798$1,189$224
33 years$5,373$3,708$2,500$1,653$1,076$190
34 years$5,158$3,515$2,336$1,521$975$162
35 years$4,955$3,334$2,184$1,400$883$137
36 years$4,765$3,164$2,043$1,290$800$116
37 years$4,585$3,005$1,912$1,188$725$99
38 years$4,415$2,856$1,791$1,095$657$84
39 years$4,254$2,716$1,678$1,010$596$71
40 years$4,101$2,584$1,573$931$541$61
41 years$3,957$2,460$1,475$859$490$51
42 years$3,819$2,342$1,383$793$445$44
43 years$3,689$2,232$1,298$732$404$37
44 years$3,564$2,127$1,218$676$367$32
45 years$3,446$2,029$1,144$624$333$27
46 years$3,333$1,935$1,074$577$302$23
47 years$3,225$1,847$1,009$533$274$19
48 years$3,122$1,763$949$492$249$16
49 years$3,023$1,684$892$455$226$14
50 years$2,929$1,608$838$421$206$12

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 $3,744 every year, while hoping to spend $35,862 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: 49/41/10 Blend
34$3,000,000$3,000,000$3,000,000$3,000,000
35$3,309,862$3,150,862$3,104,362$3,462,966
36$3,609,311$3,267,097$3,170,201$3,684,543
37$3,938,102$3,387,826$3,237,044$3,921,005
38$4,299,190$3,513,231$3,304,886$4,177,023
39$4,695,829$3,643,502$3,373,723$4,454,437
40$5,131,607$3,778,837$3,443,546$4,755,267
41$5,610,474$3,919,443$3,514,347$5,081,736
42$6,136,782$4,065,534$3,586,117$5,436,285
43$6,715,325$4,217,337$3,658,843$5,821,598
44$7,351,386$4,375,084$3,732,512$6,240,627
45$8,050,785$4,539,021$3,807,109$6,696,618
46$8,819,933$4,709,402$3,882,616$7,193,143
47$9,665,896$4,886,492$3,959,013$7,734,126
48$10,596,456$5,070,569$4,036,279$8,323,890
49$11,620,190$5,261,922$4,114,390$8,967,185
50$12,746,546$5,460,853$4,193,318$9,669,242
51$13,985,934$5,667,675$4,273,035$10,435,815
52$15,349,827$5,882,718$4,353,509$11,273,234
53$16,850,862$6,106,324$4,434,704$12,188,471
54$18,502,966$6,338,851$4,516,583$13,189,193
55$20,321,485$6,580,670$4,599,104$14,283,843
56$22,323,325$6,832,172$4,682,224$15,481,715
57$24,527,119$7,093,763$4,765,892$16,793,038
58$26,953,393$7,365,866$4,850,058$18,229,075
59$29,624,770$7,648,924$4,934,666$19,802,224
60$32,566,175$7,943,400$5,019,656$21,526,139
61$35,805,073$8,249,774$5,104,962$23,415,849
62$39,371,728$8,568,551$5,190,516$25,487,908
63$43,299,490$8,900,256$5,276,244$27,760,542
64$47,625,107$9,245,438$5,362,068$30,253,822
65$52,389,073$9,604,669$5,447,902$32,989,851
66$57,636,009$9,978,548$5,533,657$35,992,973
67$63,415,084$10,367,699$5,619,237$39,289,996
68$69,780,482$10,772,776$5,704,540$42,910,450
69$76,791,908$11,194,458$5,789,459$46,886,855
70$84,515,154$11,633,458$5,873,877$51,255,033
71$93,022,721$12,090,519$5,957,673$56,054,440
72$102,394,501$12,566,417$6,040,718$61,328,537
73$112,718,532$13,061,963$6,122,874$67,125,197
74$124,091,827$13,578,004$6,203,995$73,497,155
75$136,621,293$14,115,426$6,283,928$80,502,504
76$150,424,735$14,675,152$6,362,510$88,205,236
77$165,631,973$15,258,149$6,439,569$96,675,851
78$182,386,062$15,865,426$6,514,922$105,992,010
79$200,844,646$16,498,038$6,588,378$116,239,273
80$221,181,445$17,157,087$6,659,734$127,511,898
81$243,587,893$17,843,725$6,728,776$139,913,728
82$268,274,946$18,559,155$6,795,278$153,559,172
83$295,475,072$19,304,636$6,859,001$168,574,273
84$325,444,448$20,081,482$6,919,696$185,097,902
85$358,465,374$20,891,067$6,977,099$203,283,060
86$394,848,941$21,734,828$7,030,930$223,298,318
87$434,937,965$22,614,266$7,080,898$245,329,407
88$479,110,223$23,530,951$7,126,694$269,580,963
89$527,782,023$24,486,524$7,167,995$296,278,455
90$581,412,127$25,482,701$7,204,460$325,670,309
91$640,506,086$26,521,276$7,235,732$358,030,248
92$705,621,011$27,604,123$7,261,433$393,659,869
93$777,370,832$28,733,203$7,281,170$432,891,485
94$856,432,095$29,910,568$7,294,527$476,091,256
95$943,550,343$31,138,361$7,301,068$523,662,638
96$1,039,547,162$32,418,824$7,300,337$576,050,189
97$1,145,327,928$33,754,302$7,291,854$633,743,754
98$1,261,890,362$35,147,248$7,275,117$697,283,085
99$1,390,333,942$36,600,226$7,249,596$767,262,926
100$1,531,870,286$38,115,919$7,214,740$844,338,626