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%13.2%
1 years$280,769$278,268$275,828$273,446$271,121$267,511
2 years$138,994$136,406$133,897$131,465$129,105$125,474
3 years$91,743$89,143$86,640$84,231$81,910$78,370
4 years$68,121$65,529$63,052$60,683$58,419$54,998
5 years$53,952$51,376$48,931$46,611$44,409$41,117
6 years$44,509$41,952$39,543$37,275$35,139$31,980
7 years$37,767$35,231$32,861$30,646$28,578$25,553
8 years$32,712$30,200$27,869$25,708$23,708$20,817
9 years$28,783$26,294$24,003$21,897$19,965$17,206
10 years$25,642$23,177$20,926$18,876$17,012$14,383
11 years$23,073$20,633$18,423$16,428$14,631$12,129
12 years$20,934$18,519$16,350$14,409$12,679$10,302
13 years$19,126$16,736$14,608$12,721$11,056$8,802
14 years$17,577$15,213$13,125$11,292$9,692$7,556
15 years$16,236$13,897$11,850$10,071$8,533$6,512
16 years$15,063$12,750$10,744$9,017$7,542$5,632
17 years$14,030$11,742$9,777$8,102$6,687$4,884
18 years$13,112$10,851$8,925$7,302$5,946$4,246
19 years$12,293$10,056$8,170$6,598$5,300$3,699
20 years$11,556$9,345$7,498$5,975$4,734$3,228
21 years$10,890$8,704$6,897$5,423$4,236$2,822
22 years$10,285$8,125$6,357$4,931$3,797$2,470
23 years$9,734$7,599$5,869$4,491$3,408$2,164
24 years$9,229$7,120$5,428$4,096$3,064$1,898
25 years$8,766$6,682$5,027$3,740$2,757$1,666
26 years$8,339$6,280$4,663$3,420$2,483$1,464
27 years$7,944$5,910$4,330$3,130$2,239$1,287
28 years$7,578$5,569$4,025$2,868$2,020$1,132
29 years$7,238$5,254$3,746$2,630$1,824$996
30 years$6,921$4,962$3,489$2,414$1,648$877
31 years$6,625$4,690$3,253$2,217$1,490$773
32 years$6,348$4,438$3,035$2,037$1,348$681
33 years$6,089$4,203$2,834$1,874$1,220$600
34 years$5,845$3,983$2,648$1,724$1,104$529
35 years$5,616$3,778$2,475$1,587$1,000$467
36 years$5,400$3,586$2,316$1,461$906$412
37 years$5,196$3,406$2,167$1,347$821$363
38 years$5,003$3,237$2,030$1,241$745$320
39 years$4,821$3,078$1,901$1,144$675$283
40 years$4,648$2,928$1,782$1,056$613$250
41 years$4,484$2,788$1,671$974$556$220
42 years$4,329$2,655$1,568$899$504$194
43 years$4,181$2,529$1,471$830$458$172
44 years$4,040$2,411$1,381$766$415$152
45 years$3,905$2,299$1,297$707$377$134
46 years$3,777$2,193$1,218$654$342$118
47 years$3,655$2,093$1,144$604$311$104
48 years$3,538$1,998$1,075$558$282$92
49 years$3,426$1,908$1,011$516$256$81
50 years$3,320$1,823$950$477$233$72

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 $5,734 every year, while hoping to spend $40,858 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: 66/14/20 Blend
34$3,400,000$3,400,000$3,400,000$3,400,000
35$3,752,715$3,572,515$3,519,815$3,981,151
36$4,092,019$3,704,095$3,594,256$4,266,639
37$4,464,563$3,840,754$3,669,821$4,573,398
38$4,873,694$3,982,696$3,746,506$4,907,778
39$5,323,099$4,130,137$3,824,302$5,272,490
40$5,816,841$4,283,299$3,903,202$5,670,522
41$6,359,394$4,442,416$3,983,195$6,105,160
42$6,955,688$4,607,731$4,064,268$6,580,022
43$7,611,155$4,779,496$4,146,408$7,099,093
44$8,331,778$4,957,977$4,229,598$7,666,761
45$9,124,150$5,143,448$4,313,819$8,287,858
46$9,995,533$5,336,197$4,399,052$8,967,704
47$10,953,930$5,536,524$4,485,273$9,712,158
48$12,008,158$5,744,740$4,572,457$10,527,674
49$13,167,930$5,961,172$4,660,574$11,421,359
50$14,443,949$6,186,160$4,749,593$12,401,041
51$15,848,008$6,420,058$4,839,481$13,475,343
52$17,393,101$6,663,237$4,930,200$14,653,761
53$19,093,544$6,916,082$5,021,708$15,946,756
54$20,965,112$7,178,997$5,113,962$17,365,853
55$23,025,187$7,452,401$5,206,913$18,923,746
56$25,292,921$7,736,733$5,300,509$20,634,417
57$27,789,417$8,032,452$5,394,695$22,513,272
58$30,537,930$8,340,034$5,489,409$24,577,282
59$33,564,081$8,659,978$5,584,587$26,845,142
60$36,896,106$8,992,806$5,680,159$29,337,449
61$40,565,114$9,339,059$5,776,050$32,076,897
62$44,605,388$9,699,305$5,872,180$35,088,485
63$49,054,703$10,074,136$5,968,463$38,399,758
64$53,954,684$10,464,170$6,064,808$42,041,063
65$59,351,199$10,870,052$6,161,117$46,045,836
66$65,294,793$11,292,456$6,257,286$50,450,916
67$71,841,162$11,732,086$6,353,205$55,296,892
68$79,051,679$12,189,677$6,448,755$60,628,486
69$86,993,974$12,665,994$6,543,812$66,494,975
70$95,742,572$13,161,841$6,638,243$72,950,653
71$105,379,596$13,678,054$6,731,906$80,055,343
72$115,995,543$14,215,506$6,824,653$87,874,962
73$127,690,133$14,775,111$6,916,324$96,482,142
74$140,573,258$15,357,822$7,006,752$105,956,913
75$154,766,012$15,964,637$7,095,759$116,387,461
76$170,401,836$16,596,595$7,183,158$127,870,955
77$187,627,779$17,254,785$7,268,750$140,514,465
78$206,605,885$17,940,341$7,352,326$154,435,972
79$227,514,720$18,654,453$7,433,663$169,765,480
80$250,551,060$19,398,359$7,512,529$186,646,243
81$275,931,746$20,173,357$7,588,677$205,236,113
82$303,895,734$20,980,801$7,661,847$225,709,033
83$334,706,345$21,822,106$7,731,765$248,256,674
84$368,653,755$22,698,753$7,798,143$273,090,245
85$406,057,734$23,612,287$7,860,676$300,442,484
86$447,270,659$24,564,326$7,919,045$330,569,857
87$492,680,846$25,556,557$7,972,913$363,754,970
88$542,716,212$26,590,749$8,021,926$400,309,243
89$597,848,316$27,668,746$8,065,711$440,575,846
90$658,596,809$28,792,479$8,103,877$484,932,933
91$725,534,340$29,963,966$8,136,012$533,797,216
92$799,291,958$31,185,317$8,161,685$587,627,891
93$880,565,077$32,458,737$8,180,440$646,930,976
94$970,120,033$33,786,532$8,191,803$712,264,084
95$1,068,801,319$35,171,116$8,195,271$784,241,683
96$1,177,539,562$36,615,008$8,190,321$863,540,899
97$1,297,360,301$38,120,847$8,176,400$950,907,901
98$1,429,393,674$39,691,392$8,152,932$1,047,164,948
99$1,574,885,084$41,329,525$8,119,311$1,153,218,145
100$1,735,206,956$43,038,264$8,074,901$1,270,065,995