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%14%
1 years$247,737$245,530$243,378$241,276$239,224$235,261
2 years$122,642$120,358$118,144$115,998$113,916$109,935
3 years$80,949$78,655$76,447$74,321$72,273$68,398
4 years$60,107$57,820$55,634$53,544$51,546$47,806
5 years$47,605$45,332$43,174$41,127$39,184$35,591
6 years$39,273$37,017$34,891$32,890$31,005$27,563
7 years$33,324$31,087$28,995$27,040$25,216$21,925
8 years$28,864$26,647$24,590$22,684$20,919$17,779
9 years$25,397$23,201$21,179$19,321$17,617$14,626
10 years$22,625$20,450$18,465$16,655$15,010$12,166
11 years$20,359$18,206$16,256$14,495$12,909$10,209
12 years$18,471$16,341$14,427$12,714$11,187$8,627
13 years$16,875$14,767$12,889$11,225$9,755$7,332
14 years$15,509$13,423$11,581$9,964$8,551$6,260
15 years$14,326$12,262$10,456$8,886$7,529$5,366
16 years$13,291$11,250$9,480$7,957$6,654$4,615
17 years$12,379$10,361$8,626$7,149$5,900$3,980
18 years$11,570$9,574$7,875$6,443$5,246$3,440
19 years$10,846$8,873$7,209$5,821$4,676$2,979
20 years$10,196$8,245$6,616$5,272$4,177$2,585
21 years$9,608$7,680$6,086$4,785$3,738$2,246
22 years$9,075$7,169$5,609$4,351$3,350$1,953
23 years$8,589$6,705$5,179$3,962$3,007$1,701
24 years$8,143$6,282$4,789$3,614$2,703$1,483
25 years$7,734$5,896$4,436$3,300$2,432$1,294
26 years$7,358$5,541$4,114$3,018$2,191$1,129
27 years$7,009$5,215$3,820$2,762$1,975$986
28 years$6,686$4,914$3,551$2,531$1,782$862
29 years$6,386$4,636$3,305$2,321$1,610$754
30 years$6,107$4,378$3,078$2,130$1,454$659
31 years$5,846$4,139$2,870$1,956$1,315$577
32 years$5,601$3,916$2,678$1,798$1,189$505
33 years$5,373$3,708$2,500$1,653$1,076$442
34 years$5,158$3,515$2,336$1,521$975$387
35 years$4,955$3,334$2,184$1,400$883$339
36 years$4,765$3,164$2,043$1,290$800$297
37 years$4,585$3,005$1,912$1,188$725$260
38 years$4,415$2,856$1,791$1,095$657$228
39 years$4,254$2,716$1,678$1,010$596$200
40 years$4,101$2,584$1,573$931$541$175
41 years$3,957$2,460$1,475$859$490$154
42 years$3,819$2,342$1,383$793$445$135
43 years$3,689$2,232$1,298$732$404$118
44 years$3,564$2,127$1,218$676$367$104
45 years$3,446$2,029$1,144$624$333$91
46 years$3,333$1,935$1,074$577$302$80
47 years$3,225$1,847$1,009$533$274$70
48 years$3,122$1,763$949$492$249$61
49 years$3,023$1,684$892$455$226$54
50 years$2,929$1,608$838$421$206$47

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 $6,083 every year, while hoping to spend $28,600 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: 40/45/15 Blend
34$3,000,000$3,000,000$3,000,000$3,000,000
35$3,312,275$3,153,275$3,106,775$3,429,756
36$3,619,696$3,277,355$3,180,421$3,637,748
37$3,957,517$3,406,557$3,255,577$3,859,365
38$4,328,806$3,541,100$3,332,261$4,098,496
39$4,736,947$3,681,217$3,410,495$4,356,743
40$5,185,666$3,827,147$3,490,297$4,635,868
41$5,679,069$3,979,143$3,571,687$4,937,801
42$6,221,681$4,137,467$3,654,685$5,264,663
43$6,818,484$4,302,394$3,739,308$5,618,785
44$7,474,969$4,474,212$3,825,576$6,002,725
45$8,197,188$4,653,221$3,913,504$6,419,295
46$8,991,807$4,839,733$4,003,112$6,871,583
47$9,866,169$5,034,078$4,094,414$7,362,985
48$10,828,367$5,236,598$4,187,426$7,897,233
49$11,887,320$5,447,650$4,282,164$8,478,427
50$13,052,850$5,667,609$4,378,640$9,111,078
51$14,335,786$5,896,866$4,476,869$9,800,146
52$15,748,054$6,135,831$4,576,863$10,551,082
53$17,302,799$6,384,930$4,678,631$11,369,884
54$19,014,505$6,644,611$4,782,185$12,263,150
55$20,899,129$6,915,342$4,887,533$13,238,136
56$22,974,256$7,197,610$4,994,682$14,302,825
57$25,259,265$7,491,927$5,103,638$15,466,001
58$27,775,505$7,798,827$5,214,406$16,737,329
59$30,546,506$8,118,869$5,326,987$18,127,443
60$33,598,193$8,452,637$5,441,385$19,648,049
61$36,959,134$8,800,741$5,557,596$21,312,027
62$40,660,809$9,163,822$5,675,620$23,133,556
63$44,737,909$9,542,546$5,795,450$25,128,240
64$49,228,658$9,937,613$5,917,080$27,313,260
65$54,175,179$10,349,754$6,040,500$29,707,526
66$59,623,889$10,779,734$6,165,699$32,331,859
67$65,625,938$11,228,353$6,292,661$35,209,179
68$72,237,688$11,696,446$6,421,370$38,364,725
69$79,521,250$12,184,891$6,551,804$41,826,286
70$87,545,069$12,694,601$6,683,940$45,624,459
71$96,384,565$13,226,536$6,817,752$49,792,940
72$106,122,852$13,781,697$6,953,208$54,368,833
73$116,851,517$14,361,134$7,090,274$59,392,999
74$128,671,485$14,965,944$7,228,912$64,910,438
75$141,693,976$15,597,274$7,369,079$70,970,712
76$156,041,547$16,256,326$7,510,730$77,628,405
77$171,849,256$16,944,358$7,653,811$84,943,635
78$189,265,934$17,662,685$7,798,266$92,982,618
79$208,455,586$18,412,683$7,944,035$101,818,291
80$229,598,945$19,195,794$8,091,050$111,530,989
81$252,895,174$20,013,525$8,239,237$122,209,204
82$278,563,749$20,867,455$8,388,519$133,950,415
83$306,846,527$21,759,235$8,538,809$146,861,998
84$338,010,030$22,690,595$8,690,016$161,062,239
85$372,347,962$23,663,344$8,842,042$176,681,441
86$410,183,983$24,679,376$8,994,778$193,863,153
87$451,874,758$25,740,674$9,148,113$212,765,510
88$497,813,331$26,849,315$9,301,922$233,562,727
89$548,432,829$28,007,470$9,456,075$256,446,733
90$604,210,557$29,217,414$9,610,432$281,628,975
91$665,672,496$30,481,530$9,764,844$309,342,409
92$733,398,275$31,802,310$9,919,151$339,843,686
93$808,026,641$33,182,364$10,073,184$373,415,573
94$890,261,484$34,624,427$10,226,762$410,369,607
95$980,878,490$36,131,358$10,379,692$451,049,031
96$1,080,732,455$37,706,154$10,531,772$495,832,023
97$1,190,765,363$39,351,952$10,682,783$545,135,257
98$1,312,015,270$41,072,038$10,832,496$599,417,823
99$1,445,626,110$42,869,851$10,980,668$659,185,555
100$1,592,858,493$44,748,993$11,127,040$724,995,788