Can I retire at age 35 with 3,400,000?

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 $3,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$280,769$278,268$275,828$273,446$271,121$262,023
2 years$138,994$136,406$133,897$131,465$129,105$120,029
3 years$91,743$89,143$86,640$84,231$81,910$73,140
4 years$68,121$65,529$63,052$60,683$58,419$50,023
5 years$53,952$51,376$48,931$46,611$44,409$36,409
6 years$44,509$41,952$39,543$37,275$35,139$27,542
7 years$37,767$35,231$32,861$30,646$28,578$21,382
8 years$32,712$30,200$27,869$25,708$23,708$16,908
9 years$28,783$26,294$24,003$21,897$19,965$13,553
10 years$25,642$23,177$20,926$18,876$17,012$10,977
11 years$23,073$20,633$18,423$16,428$14,631$8,961
12 years$20,934$18,519$16,350$14,409$12,679$7,362
13 years$19,126$16,736$14,608$12,721$11,056$6,079
14 years$17,577$15,213$13,125$11,292$9,692$5,040
15 years$16,236$13,897$11,850$10,071$8,533$4,192
16 years$15,063$12,750$10,744$9,017$7,542$3,496
17 years$14,030$11,742$9,777$8,102$6,687$2,922
18 years$13,112$10,851$8,925$7,302$5,946$2,447
19 years$12,293$10,056$8,170$6,598$5,300$2,052
20 years$11,556$9,345$7,498$5,975$4,734$1,724
21 years$10,890$8,704$6,897$5,423$4,236$1,449
22 years$10,285$8,125$6,357$4,931$3,797$1,219
23 years$9,734$7,599$5,869$4,491$3,408$1,026
24 years$9,229$7,120$5,428$4,096$3,064$865
25 years$8,766$6,682$5,027$3,740$2,757$729
26 years$8,339$6,280$4,663$3,420$2,483$615
27 years$7,944$5,910$4,330$3,130$2,239$519
28 years$7,578$5,569$4,025$2,868$2,020$438
29 years$7,238$5,254$3,746$2,630$1,824$369
30 years$6,921$4,962$3,489$2,414$1,648$312
31 years$6,625$4,690$3,253$2,217$1,490$263
32 years$6,348$4,438$3,035$2,037$1,348$222
33 years$6,089$4,203$2,834$1,874$1,220$188
34 years$5,845$3,983$2,648$1,724$1,104$159
35 years$5,616$3,778$2,475$1,587$1,000$134
36 years$5,400$3,586$2,316$1,461$906$113
37 years$5,196$3,406$2,167$1,347$821$96
38 years$5,003$3,237$2,030$1,241$745$81
39 years$4,821$3,078$1,901$1,144$675$68
40 years$4,648$2,928$1,782$1,056$613$58
41 years$4,484$2,788$1,671$974$556$49
42 years$4,329$2,655$1,568$899$504$41
43 years$4,181$2,529$1,471$830$458$35
44 years$4,040$2,411$1,381$766$415$29
45 years$3,905$2,299$1,297$707$377$25
46 years$3,777$2,193$1,218$654$342$21
47 years$3,655$2,093$1,144$604$311$18
48 years$3,538$1,998$1,075$558$282$15
49 years$3,426$1,908$1,011$516$256$13
50 years$3,320$1,823$950$477$233$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,400,000, adding $4,844 every year, while hoping to spend $24,601 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: 85/6/9 Blend
34$3,400,000$3,400,000$3,400,000$3,400,000
35$3,751,797$3,571,597$3,518,897$4,065,951
36$4,108,305$3,720,430$3,610,604$4,420,678
37$4,500,352$3,875,731$3,704,560$4,806,499
38$4,931,537$4,037,791$3,800,812$5,229,623
39$5,405,827$4,206,916$3,899,412$5,693,787
40$5,927,589$4,383,422$4,000,410$6,203,108
41$6,501,637$4,567,644$4,103,858$6,762,123
42$7,133,275$4,759,929$4,209,808$7,375,825
43$7,828,347$4,960,644$4,318,315$8,049,717
44$8,593,292$5,170,169$4,429,432$8,789,859
45$9,435,205$5,388,905$4,543,215$9,602,927
46$10,361,903$5,617,268$4,659,719$10,496,276
47$11,381,999$5,855,697$4,779,003$11,478,007
48$12,504,986$6,104,649$4,901,122$12,557,044
49$13,741,321$6,364,603$5,026,136$13,743,219
50$15,102,529$6,636,061$5,154,105$15,047,365
51$16,601,306$6,919,548$5,285,087$16,481,414
52$18,251,647$7,215,613$5,419,144$18,058,513
53$20,068,967$7,524,830$5,556,338$19,793,146
54$22,070,257$7,847,803$5,696,731$21,701,271
55$24,274,238$8,185,160$5,840,386$23,800,469
56$26,701,539$8,537,561$5,987,368$26,110,110
57$29,374,891$8,905,697$6,137,740$28,651,539
58$32,319,344$9,290,290$6,291,568$31,448,269
59$35,562,500$9,692,096$6,448,918$34,526,209
60$39,134,774$10,111,909$6,609,856$37,913,908
61$43,069,685$10,550,557$6,774,451$41,642,818
62$47,404,167$11,008,908$6,942,769$45,747,598
63$52,178,919$11,487,871$7,114,879$50,266,434
64$57,438,792$11,988,399$7,290,849$55,241,404
65$63,233,206$12,511,488$7,470,750$60,718,870
66$69,616,623$13,058,182$7,654,651$66,749,920
67$76,649,059$13,629,572$7,842,621$73,390,843
68$84,396,646$14,226,805$8,034,733$80,703,667
69$92,932,263$14,851,077$8,231,055$88,756,738
70$102,336,218$15,503,645$8,431,660$97,625,368
71$112,697,010$16,185,821$8,636,618$107,392,541
72$124,112,162$16,898,983$8,846,002$118,149,702
73$136,689,140$17,644,571$9,059,881$129,997,612
74$150,546,373$18,424,096$9,278,327$143,047,305
75$165,814,365$19,239,138$9,501,413$157,421,130
76$182,636,927$20,091,353$9,729,207$173,253,907
77$201,172,541$20,982,476$9,961,783$190,694,201
78$221,595,846$21,914,323$10,199,208$209,905,718
79$244,099,295$22,888,798$10,441,555$231,068,855
80$268,894,967$23,907,893$10,688,891$254,382,399
81$296,216,570$24,973,696$10,941,285$280,065,402
82$326,321,648$26,088,395$11,198,806$308,359,249
83$359,494,010$27,254,280$11,461,520$339,529,935
84$396,046,411$28,473,751$11,729,492$373,870,576
85$436,323,502$29,749,323$12,002,788$411,704,172
86$480,705,089$31,083,629$12,281,471$453,386,656
87$529,609,710$32,479,429$12,565,602$499,310,255
88$583,498,592$33,939,613$12,855,242$549,907,187
89$642,880,004$35,467,210$13,150,448$605,653,745
90$708,314,054$37,065,392$13,451,277$667,074,786
91$780,417,976$38,737,485$13,757,783$734,748,688
92$859,871,959$40,486,971$14,070,018$809,312,810
93$947,425,565$42,317,498$14,388,030$891,469,500
94$1,043,904,809$44,232,892$14,711,865$981,992,731
95$1,150,219,953$46,237,158$15,041,567$1,081,735,405
96$1,267,374,104$48,334,494$15,377,175$1,191,637,396
97$1,396,472,676$50,529,298$15,718,724$1,312,734,431
98$1,538,733,835$52,826,180$16,066,247$1,446,167,856
99$1,695,499,993$55,229,969$16,419,773$1,593,195,415
100$1,868,250,480$57,745,725$16,779,323$1,755,203,121