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

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$255,995$253,715$251,490$249,319$247,198$237,955
2 years$126,730$124,370$122,083$119,865$117,714$108,506
3 years$83,648$81,277$78,996$76,799$74,682$65,801
4 years$62,110$59,747$57,489$55,329$53,264$44,777
5 years$49,192$46,843$44,613$42,498$40,490$32,420
6 years$40,582$38,251$36,054$33,986$32,039$24,390
7 years$34,434$32,123$29,961$27,942$26,056$18,826
8 years$29,826$27,535$25,410$23,440$21,616$14,799
9 years$26,243$23,974$21,885$19,965$18,204$11,790
10 years$23,379$21,132$19,080$17,210$15,511$9,489
11 years$21,037$18,813$16,798$14,978$13,340$7,697
12 years$19,087$16,885$14,908$13,138$11,560$6,281
13 years$17,438$15,259$13,319$11,599$10,080$5,151
14 years$16,026$13,870$11,967$10,296$8,836$4,241
15 years$14,803$12,671$10,805$9,182$7,780$3,502
16 years$13,734$11,625$9,796$8,222$6,876$2,900
17 years$12,792$10,706$8,914$7,387$6,097$2,406
18 years$11,956$9,893$8,137$6,657$5,421$2,000
19 years$11,208$9,169$7,449$6,015$4,832$1,665
20 years$10,536$8,520$6,837$5,448$4,316$1,387
21 years$9,929$7,936$6,288$4,945$3,862$1,157
22 years$9,377$7,408$5,796$4,496$3,462$966
23 years$8,875$6,929$5,351$4,094$3,108$807
24 years$8,415$6,492$4,949$3,734$2,793$675
25 years$7,992$6,092$4,584$3,410$2,514$564
26 years$7,603$5,726$4,251$3,118$2,264$472
27 years$7,243$5,389$3,948$2,854$2,041$395
28 years$6,909$5,078$3,670$2,615$1,842$331
29 years$6,599$4,790$3,415$2,398$1,663$277
30 years$6,310$4,524$3,181$2,201$1,503$232
31 years$6,041$4,276$2,966$2,021$1,359$194
32 years$5,788$4,046$2,767$1,858$1,229$163
33 years$5,552$3,832$2,584$1,708$1,112$136
34 years$5,329$3,632$2,414$1,572$1,007$114
35 years$5,120$3,445$2,257$1,447$912$96
36 years$4,924$3,270$2,111$1,333$826$80
37 years$4,738$3,105$1,976$1,228$749$67
38 years$4,562$2,951$1,850$1,132$679$56
39 years$4,396$2,806$1,734$1,043$616$47
40 years$4,238$2,670$1,625$962$559$40
41 years$4,089$2,542$1,524$888$507$33
42 years$3,947$2,420$1,429$819$460$28
43 years$3,812$2,306$1,341$756$417$23
44 years$3,683$2,198$1,259$698$379$20
45 years$3,561$2,096$1,182$645$344$16
46 years$3,444$2,000$1,110$596$312$14
47 years$3,333$1,908$1,043$550$283$11
48 years$3,226$1,822$980$509$257$10
49 years$3,124$1,740$921$470$234$8
50 years$3,027$1,662$866$435$212$7

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 $6,518 every year, while hoping to spend $55,481 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: 76/5/19 Blend
34$3,100,000$3,100,000$3,100,000$3,100,000
35$3,422,923$3,258,623$3,210,573$3,667,545
36$3,713,030$3,359,265$3,259,096$3,930,999
37$4,030,868$3,462,978$3,307,385$4,212,278
38$4,379,208$3,569,855$3,355,374$4,519,214
39$4,761,100$3,679,990$3,402,991$4,854,354
40$5,179,904$3,793,481$3,450,163$5,220,502
41$5,639,321$3,910,429$3,496,810$5,620,748
42$6,143,427$4,030,935$3,542,849$6,058,496
43$6,696,712$4,155,106$3,588,190$6,537,493
44$7,304,122$4,283,052$3,632,739$7,061,869
45$7,971,104$4,414,883$3,676,398$7,636,173
46$8,703,661$4,550,717$3,719,061$8,265,418
47$9,508,402$4,690,670$3,760,618$8,955,125
48$10,392,612$4,834,865$3,800,952$9,711,377
49$11,364,313$4,983,429$3,839,938$10,540,877
50$12,432,345$5,136,489$3,877,448$11,451,009
51$13,606,446$5,294,178$3,913,344$12,449,909
52$14,897,344$5,456,633$3,947,482$13,546,542
53$16,316,859$5,623,995$3,979,709$14,750,785
54$17,878,015$5,796,406$4,009,865$16,073,520
55$19,595,158$5,974,016$4,037,781$17,526,740
56$21,484,099$6,156,977$4,063,281$19,123,658
57$23,562,253$6,345,445$4,086,177$20,878,834
58$25,848,813$6,539,582$4,106,274$22,808,310
59$28,364,923$6,739,553$4,123,366$24,929,765
60$31,133,881$6,945,527$4,137,235$27,262,677
61$34,181,359$7,157,680$4,147,654$29,828,513
62$37,535,642$7,376,191$4,154,385$32,650,923
63$41,227,897$7,601,244$4,157,176$35,755,972
64$45,292,466$7,833,028$4,155,765$39,172,381
65$49,767,190$8,071,739$4,149,876$42,931,798
66$54,693,765$8,317,575$4,139,218$47,069,099
67$60,118,135$8,570,743$4,123,488$51,622,715
68$66,090,928$8,831,453$4,102,368$56,634,995
69$72,667,930$9,099,920$4,075,524$62,152,608
70$79,910,610$9,376,368$4,042,606$68,226,981
71$87,886,707$9,661,025$4,003,248$74,914,783
72$96,670,860$9,954,124$3,957,065$82,278,467
73$106,345,317$10,255,905$3,903,656$90,386,849
74$117,000,710$10,566,616$3,842,600$99,315,768
75$128,736,912$10,886,509$3,773,456$109,148,793
76$141,663,972$11,215,843$3,695,762$119,978,021
77$155,903,164$11,554,886$3,609,037$131,904,936
78$171,588,121$11,903,910$3,512,774$145,041,378
79$188,866,104$12,263,196$3,406,446$159,510,590
80$207,899,384$12,633,030$3,289,500$175,448,386
81$228,866,780$13,013,708$3,161,357$193,004,432
82$251,965,344$13,405,531$3,021,414$212,343,660
83$277,412,216$13,808,809$2,869,039$233,647,824
84$305,446,681$14,223,860$2,703,571$257,117,216
85$336,332,422$14,651,009$2,524,320$282,972,559
86$370,360,009$15,090,588$2,330,565$311,457,086
87$407,849,643$15,542,940$2,121,552$342,838,844
88$449,154,176$16,008,414$1,896,493$377,413,218
89$494,662,444$16,487,368$1,654,567$415,505,723
90$544,802,933$16,980,168$1,394,915$457,475,077
91$600,047,827$17,487,191$1,116,639$503,716,587
92$660,917,462$18,008,821$818,804$554,665,883
93$727,985,240$18,545,450$500,431$610,803,029
94$801,883,038$19,097,481$160,499$672,657,057
95$883,307,176$19,665,325$0$740,810,961
96$973,024,987$20,249,405$0$815,948,209
97$1,071,882,059$20,850,149$0$898,773,178
98$1,180,810,220$21,467,998$0$990,033,741
99$1,300,836,335$22,103,401$0$1,090,589,940
100$1,433,091,992$22,756,819$0$1,201,389,526