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%19.7%
1 years$280,769$278,268$275,828$273,446$271,121$260,570
2 years$138,994$136,406$133,897$131,465$129,105$118,602
3 years$91,743$89,143$86,640$84,231$81,910$71,786
4 years$68,121$65,529$63,052$60,683$58,419$48,751
5 years$53,952$51,376$48,931$46,611$44,409$35,222
6 years$44,509$41,952$39,543$37,275$35,139$26,440
7 years$37,767$35,231$32,861$30,646$28,578$20,362
8 years$32,712$30,200$27,869$25,708$23,708$15,969
9 years$28,783$26,294$24,003$21,897$19,965$12,691
10 years$25,642$23,177$20,926$18,876$17,012$10,188
11 years$23,073$20,633$18,423$16,428$14,631$8,242
12 years$20,934$18,519$16,350$14,409$12,679$6,708
13 years$19,126$16,736$14,608$12,721$11,056$5,486
14 years$17,577$15,213$13,125$11,292$9,692$4,504
15 years$16,236$13,897$11,850$10,071$8,533$3,709
16 years$15,063$12,750$10,744$9,017$7,542$3,062
17 years$14,030$11,742$9,777$8,102$6,687$2,533
18 years$13,112$10,851$8,925$7,302$5,946$2,099
19 years$12,293$10,056$8,170$6,598$5,300$1,742
20 years$11,556$9,345$7,498$5,975$4,734$1,447
21 years$10,890$8,704$6,897$5,423$4,236$1,204
22 years$10,285$8,125$6,357$4,931$3,797$1,002
23 years$9,734$7,599$5,869$4,491$3,408$834
24 years$9,229$7,120$5,428$4,096$3,064$695
25 years$8,766$6,682$5,027$3,740$2,757$579
26 years$8,339$6,280$4,663$3,420$2,483$483
27 years$7,944$5,910$4,330$3,130$2,239$403
28 years$7,578$5,569$4,025$2,868$2,020$336
29 years$7,238$5,254$3,746$2,630$1,824$281
30 years$6,921$4,962$3,489$2,414$1,648$234
31 years$6,625$4,690$3,253$2,217$1,490$195
32 years$6,348$4,438$3,035$2,037$1,348$163
33 years$6,089$4,203$2,834$1,874$1,220$136
34 years$5,845$3,983$2,648$1,724$1,104$114
35 years$5,616$3,778$2,475$1,587$1,000$95
36 years$5,400$3,586$2,316$1,461$906$79
37 years$5,196$3,406$2,167$1,347$821$66
38 years$5,003$3,237$2,030$1,241$745$55
39 years$4,821$3,078$1,901$1,144$675$46
40 years$4,648$2,928$1,782$1,056$613$39
41 years$4,484$2,788$1,671$974$556$32
42 years$4,329$2,655$1,568$899$504$27
43 years$4,181$2,529$1,471$830$458$23
44 years$4,040$2,411$1,381$766$415$19
45 years$3,905$2,299$1,297$707$377$16
46 years$3,777$2,193$1,218$654$342$13
47 years$3,655$2,093$1,144$604$311$11
48 years$3,538$1,998$1,075$558$282$9
49 years$3,426$1,908$1,011$516$256$8
50 years$3,320$1,823$950$477$233$6

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 $3,023 every year, while hoping to spend $35,940 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: 65/20/15 Blend
34$3,400,000$3,400,000$3,400,000$3,400,000
35$3,749,918$3,569,718$3,517,018$3,979,966
36$4,094,170$3,706,395$3,596,598$4,270,920
37$4,472,331$3,848,563$3,677,640$4,584,285
38$4,887,822$3,996,456$3,760,154$4,925,822
39$5,344,411$4,150,314$3,844,151$5,298,282
40$5,846,250$4,310,389$3,929,639$5,704,693
41$6,397,914$4,476,943$4,016,628$6,148,389
42$7,004,440$4,650,253$4,105,124$6,633,037
43$7,671,381$4,830,603$4,195,134$7,162,676
44$8,404,854$5,018,295$4,286,662$7,741,750
45$9,211,596$5,213,639$4,379,713$8,375,154
46$10,099,035$5,416,963$4,474,289$9,068,274
47$11,075,349$5,628,607$4,570,391$9,827,043
48$12,149,553$5,848,927$4,668,018$10,657,990
49$13,331,579$6,078,296$4,767,167$11,568,309
50$14,632,368$6,317,100$4,867,836$12,565,918
51$16,063,978$6,565,747$4,970,017$13,659,538
52$17,639,695$6,824,659$5,073,703$14,858,773
53$19,374,156$7,094,280$5,178,884$16,174,200
54$21,283,491$7,375,071$5,285,548$17,617,468
55$23,385,473$7,667,515$5,393,680$19,201,407
56$25,699,686$7,972,118$5,503,263$20,940,148
57$28,247,709$8,289,407$5,614,278$22,849,255
58$31,053,320$8,619,933$5,726,701$24,945,875
59$34,142,721$8,964,271$5,840,507$27,248,890
60$37,544,781$9,323,024$5,955,667$29,779,105
61$41,291,317$9,696,819$6,072,149$32,559,434
62$45,417,383$10,086,316$6,189,919$35,615,121
63$49,961,611$10,492,199$6,308,935$38,973,975
64$54,966,566$10,915,189$6,429,156$42,666,631
65$60,479,157$11,356,034$6,550,533$46,726,838
66$66,551,071$11,815,519$6,673,016$51,191,778
67$73,239,265$12,294,465$6,796,547$56,102,413
68$80,606,505$12,793,729$6,921,067$61,503,872
69$88,721,954$13,314,207$7,046,508$67,445,874
70$97,661,827$13,856,836$7,172,799$73,983,199
71$107,510,109$14,422,597$7,299,864$81,176,199
72$118,359,349$15,012,513$7,427,618$89,091,368
73$130,311,533$15,627,657$7,555,974$97,801,972
74$143,479,045$16,269,147$7,684,834$107,388,729
75$157,985,729$16,938,157$7,814,097$117,940,582
76$173,968,056$17,635,910$7,943,653$129,555,524
77$191,576,417$18,363,688$8,073,384$142,341,529
78$210,976,534$19,122,831$8,203,165$156,417,569
79$232,351,032$19,914,741$8,332,862$171,914,731
80$255,901,157$20,740,884$8,462,334$188,977,452
81$281,848,681$21,602,793$8,591,427$207,764,887
82$310,437,988$22,502,072$8,719,982$228,452,401
83$341,938,388$23,440,399$8,847,827$251,233,224
84$376,646,655$24,419,529$8,974,780$276,320,278
85$414,889,827$25,441,299$9,100,648$303,948,175
86$457,028,296$26,507,630$9,225,227$334,375,436
87$503,459,211$27,620,532$9,348,300$367,886,927
88$554,620,220$28,782,108$9,469,638$404,796,543
89$610,993,610$29,994,558$9,588,998$445,450,168
90$673,110,852$31,260,186$9,706,124$490,228,940
91$741,557,624$32,581,400$9,820,744$539,552,845
92$816,979,335$33,960,722$9,932,572$593,884,672
93$900,087,220$35,400,790$10,041,306$653,734,387
94$991,665,052$36,904,365$10,146,626$719,663,938
95$1,092,576,545$38,474,336$10,248,195$792,292,557
96$1,203,773,502$40,113,728$10,345,660$872,302,601
97$1,326,304,805$41,825,707$10,438,645$960,445,989
98$1,461,326,313$43,613,584$10,526,757$1,057,551,299
99$1,610,111,774$45,480,827$10,609,581$1,164,531,581
100$1,774,064,853$47,431,065$10,686,680$1,282,392,973