Can I retire at age 35 with 3,100,000?

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$255,995$253,715$251,490$249,319$247,198$242,108
2 years$126,730$124,370$122,083$119,865$117,714$112,609
3 years$83,648$81,277$78,996$76,799$74,682$69,722
4 years$62,110$59,747$57,489$55,329$53,264$48,486
5 years$49,192$46,843$44,613$42,498$40,490$35,908
6 years$40,582$38,251$36,054$33,986$32,039$27,658
7 years$34,434$32,123$29,961$27,942$26,056$21,877
8 years$29,826$27,535$25,410$23,440$21,616$17,638
9 years$26,243$23,974$21,885$19,965$18,204$14,423
10 years$23,379$21,132$19,080$17,210$15,511$11,924
11 years$21,037$18,813$16,798$14,978$13,340$9,943
12 years$19,087$16,885$14,908$13,138$11,560$8,348
13 years$17,438$15,259$13,319$11,599$10,080$7,048
14 years$16,026$13,870$11,967$10,296$8,836$5,977
15 years$14,803$12,671$10,805$9,182$7,780$5,088
16 years$13,734$11,625$9,796$8,222$6,876$4,345
17 years$12,792$10,706$8,914$7,387$6,097$3,720
18 years$11,956$9,893$8,137$6,657$5,421$3,193
19 years$11,208$9,169$7,449$6,015$4,832$2,745
20 years$10,536$8,520$6,837$5,448$4,316$2,363
21 years$9,929$7,936$6,288$4,945$3,862$2,038
22 years$9,377$7,408$5,796$4,496$3,462$1,759
23 years$8,875$6,929$5,351$4,094$3,108$1,520
24 years$8,415$6,492$4,949$3,734$2,793$1,315
25 years$7,992$6,092$4,584$3,410$2,514$1,138
26 years$7,603$5,726$4,251$3,118$2,264$985
27 years$7,243$5,389$3,948$2,854$2,041$854
28 years$6,909$5,078$3,670$2,615$1,842$740
29 years$6,599$4,790$3,415$2,398$1,663$642
30 years$6,310$4,524$3,181$2,201$1,503$557
31 years$6,041$4,276$2,966$2,021$1,359$483
32 years$5,788$4,046$2,767$1,858$1,229$420
33 years$5,552$3,832$2,584$1,708$1,112$364
34 years$5,329$3,632$2,414$1,572$1,007$316
35 years$5,120$3,445$2,257$1,447$912$275
36 years$4,924$3,270$2,111$1,333$826$239
37 years$4,738$3,105$1,976$1,228$749$207
38 years$4,562$2,951$1,850$1,132$679$180
39 years$4,396$2,806$1,734$1,043$616$157
40 years$4,238$2,670$1,625$962$559$136
41 years$4,089$2,542$1,524$888$507$118
42 years$3,947$2,420$1,429$819$460$103
43 years$3,812$2,306$1,341$756$417$89
44 years$3,683$2,198$1,259$698$379$78
45 years$3,561$2,096$1,182$645$344$68
46 years$3,444$2,000$1,110$596$312$59
47 years$3,333$1,908$1,043$550$283$51
48 years$3,226$1,822$980$509$257$44
49 years$3,124$1,740$921$470$234$39
50 years$3,027$1,662$866$435$212$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,100,000, adding $2,544 every year, while hoping to spend $47,181 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: 44/50/6 Blend
34$3,100,000$3,100,000$3,100,000$3,100,000
35$3,418,824$3,254,524$3,206,474$3,563,363
36$3,717,344$3,363,796$3,263,691$3,772,742
37$4,044,732$3,476,840$3,321,243$3,994,459
38$4,403,882$3,593,793$3,379,092$4,233,649
39$4,797,982$3,714,793$3,437,196$4,491,929
40$5,230,546$3,839,988$3,495,512$4,771,074
41$5,705,441$3,969,526$3,553,991$5,073,038
42$6,226,928$4,103,566$3,612,582$5,399,966
43$6,799,703$4,242,268$3,671,231$5,754,215
44$7,428,936$4,385,802$3,729,881$6,138,379
45$8,120,324$4,534,343$3,788,468$6,555,306
46$8,880,143$4,688,072$3,846,928$7,008,133
47$9,715,307$4,847,178$3,905,190$7,500,305
48$10,633,434$5,011,855$3,963,180$8,035,614
49$11,642,916$5,182,307$4,020,818$8,618,232
50$12,752,998$5,358,745$4,078,020$9,252,746
51$13,973,868$5,541,387$4,134,697$9,944,206
52$15,316,748$5,730,461$4,190,755$10,698,167
53$16,794,005$5,926,202$4,246,094$11,520,742
54$18,419,263$6,128,855$4,300,607$12,418,660
55$20,207,533$6,338,675$4,354,183$13,399,327
56$22,175,357$6,555,925$4,406,704$14,470,893
57$24,340,958$6,780,880$4,458,043$15,642,332
58$26,724,417$7,013,825$4,508,069$16,923,522
59$29,347,861$7,255,056$4,556,643$18,325,339
60$32,235,669$7,504,880$4,603,617$19,859,755
61$35,414,705$7,763,617$4,648,835$21,539,955
62$38,914,569$8,031,598$4,692,135$23,380,455
63$42,767,877$8,309,168$4,733,344$25,397,241
64$47,010,569$8,596,686$4,772,280$27,607,916
65$51,682,248$8,894,524$4,808,752$30,031,867
66$56,826,551$9,203,070$4,842,558$32,690,442
67$62,491,563$9,522,724$4,873,488$35,607,156
68$68,730,270$9,853,905$4,901,318$38,807,906
69$75,601,060$10,197,049$4,925,814$42,321,217
70$83,168,269$10,552,606$4,946,730$46,178,506
71$91,502,795$10,921,046$4,963,808$50,414,381
72$100,682,761$11,302,857$4,976,776$55,066,961
73$110,794,253$11,698,548$4,985,349$60,178,238
74$121,932,136$12,108,646$4,989,227$65,794,467
75$134,200,944$12,533,700$4,988,096$71,966,604
76$147,715,870$12,974,281$4,981,628$78,750,784
77$162,603,852$13,430,983$4,969,475$86,208,845
78$179,004,767$13,904,424$4,951,275$94,408,915
79$197,072,759$14,395,246$4,926,648$103,426,047
80$216,977,685$14,904,118$4,895,195$113,342,929
81$238,906,724$15,431,735$4,856,500$124,250,659
82$263,066,141$15,978,821$4,810,123$136,249,603
83$289,683,232$16,546,128$4,755,607$149,450,341
84$319,008,474$17,134,441$4,692,472$163,974,704
85$351,317,883$17,744,573$4,620,215$179,956,924
86$386,915,624$18,377,374$4,538,309$197,544,898
87$426,136,879$19,033,727$4,446,203$216,901,578
88$469,351,012$19,714,550$4,343,322$238,206,508
89$516,965,053$20,420,802$4,229,062$261,657,514
90$569,427,544$21,153,477$4,102,792$287,472,569
91$627,232,770$21,913,613$3,963,851$315,891,845
92$690,925,422$22,702,290$3,811,549$347,179,976
93$761,105,744$23,520,631$3,645,165$381,628,555
94$838,435,196$24,369,808$3,463,945$419,558,876
95$923,642,697$25,251,039$3,267,098$461,324,971
96$1,017,531,507$26,165,595$3,053,800$507,316,939
97$1,120,986,809$27,114,798$2,823,191$557,964,628
98$1,234,984,066$28,100,025$2,574,370$613,741,689
99$1,360,598,225$29,122,711$2,306,396$675,170,036
100$1,499,013,871$30,184,351$2,018,287$742,824,776