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

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 $3,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$280,769$278,268$275,828$273,446$271,121$261,397
2 years$138,994$136,406$133,897$131,465$129,105$119,414
3 years$91,743$89,143$86,640$84,231$81,910$72,555
4 years$68,121$65,529$63,052$60,683$58,419$49,473
5 years$53,952$51,376$48,931$46,611$44,409$35,895
6 years$44,509$41,952$39,543$37,275$35,139$27,064
7 years$37,767$35,231$32,861$30,646$28,578$20,938
8 years$32,712$30,200$27,869$25,708$23,708$16,499
9 years$28,783$26,294$24,003$21,897$19,965$13,177
10 years$25,642$23,177$20,926$18,876$17,012$10,631
11 years$23,073$20,633$18,423$16,428$14,631$8,646
12 years$20,934$18,519$16,350$14,409$12,679$7,075
13 years$19,126$16,736$14,608$12,721$11,056$5,818
14 years$17,577$15,213$13,125$11,292$9,692$4,803
15 years$16,236$13,897$11,850$10,071$8,533$3,978
16 years$15,063$12,750$10,744$9,017$7,542$3,303
17 years$14,030$11,742$9,777$8,102$6,687$2,749
18 years$13,112$10,851$8,925$7,302$5,946$2,292
19 years$12,293$10,056$8,170$6,598$5,300$1,913
20 years$11,556$9,345$7,498$5,975$4,734$1,599
21 years$10,890$8,704$6,897$5,423$4,236$1,338
22 years$10,285$8,125$6,357$4,931$3,797$1,121
23 years$9,734$7,599$5,869$4,491$3,408$939
24 years$9,229$7,120$5,428$4,096$3,064$788
25 years$8,766$6,682$5,027$3,740$2,757$661
26 years$8,339$6,280$4,663$3,420$2,483$554
27 years$7,944$5,910$4,330$3,130$2,239$466
28 years$7,578$5,569$4,025$2,868$2,020$391
29 years$7,238$5,254$3,746$2,630$1,824$328
30 years$6,921$4,962$3,489$2,414$1,648$276
31 years$6,625$4,690$3,253$2,217$1,490$232
32 years$6,348$4,438$3,035$2,037$1,348$195
33 years$6,089$4,203$2,834$1,874$1,220$164
34 years$5,845$3,983$2,648$1,724$1,104$138
35 years$5,616$3,778$2,475$1,587$1,000$116
36 years$5,400$3,586$2,316$1,461$906$97
37 years$5,196$3,406$2,167$1,347$821$82
38 years$5,003$3,237$2,030$1,241$745$69
39 years$4,821$3,078$1,901$1,144$675$58
40 years$4,648$2,928$1,782$1,056$613$49
41 years$4,484$2,788$1,671$974$556$41
42 years$4,329$2,655$1,568$899$504$34
43 years$4,181$2,529$1,471$830$458$29
44 years$4,040$2,411$1,381$766$415$24
45 years$3,905$2,299$1,297$707$377$20
46 years$3,777$2,193$1,218$654$342$17
47 years$3,655$2,093$1,144$604$311$14
48 years$3,538$1,998$1,075$558$282$12
49 years$3,426$1,908$1,011$516$256$10
50 years$3,320$1,823$950$477$233$9

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 $3,491 every year, while hoping to spend $57,775 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: 39/38/23 Blend
34$3,400,000$3,400,000$3,400,000$3,400,000
35$3,750,401$3,570,201$3,517,501$3,870,890
36$4,071,470$3,683,669$3,573,865$4,071,809
37$4,423,351$3,800,760$3,630,181$4,283,231
38$4,809,127$3,921,591$3,686,386$4,510,687
39$5,232,192$4,046,283$3,742,414$4,755,671
40$5,696,284$4,174,960$3,798,193$5,019,821
41$6,205,521$4,307,749$3,853,649$5,304,941
42$6,764,440$4,444,784$3,908,702$5,613,014
43$7,378,036$4,586,201$3,963,267$5,946,221
44$8,051,812$4,732,142$4,017,253$6,306,964
45$8,791,833$4,882,753$4,070,566$6,697,883
46$9,604,775$5,038,183$4,123,106$7,121,885
47$10,497,997$5,198,589$4,174,765$7,582,169
48$11,479,605$5,364,131$4,225,431$8,082,256
49$12,558,526$5,534,976$4,274,985$8,626,022
50$13,744,600$5,711,294$4,323,301$9,217,733
51$15,048,664$5,893,262$4,370,246$9,862,087
52$16,482,659$6,081,063$4,415,681$10,564,255
53$18,059,741$6,274,886$4,459,457$11,329,931
54$19,794,405$6,474,926$4,501,419$12,165,386
55$21,702,621$6,681,384$4,541,403$13,077,525
56$23,801,983$6,894,467$4,579,236$14,073,952
57$26,111,881$7,114,391$4,614,735$15,163,042
58$28,653,674$7,341,377$4,647,710$16,354,019
59$31,450,898$7,575,654$4,677,958$17,657,041
60$34,529,488$7,817,460$4,705,268$19,083,299
61$37,918,018$8,067,037$4,729,416$20,645,118
62$41,647,974$8,324,640$4,750,170$22,356,075
63$45,754,047$8,590,528$4,767,281$24,231,125
64$50,274,467$8,864,971$4,780,492$26,286,746
65$55,251,355$9,148,247$4,789,531$28,541,086
66$60,731,126$9,440,643$4,794,112$31,014,141
67$66,764,924$9,742,458$4,793,938$33,727,939
68$73,409,104$10,053,996$4,788,693$36,706,748
69$80,725,767$10,375,576$4,778,049$39,977,307
70$88,783,341$10,707,525$4,761,659$43,569,073
71$97,657,229$11,050,181$4,739,162$47,514,502
72$107,430,521$11,403,894$4,710,178$51,849,353
73$118,194,774$11,769,025$4,674,309$56,613,027
74$130,050,880$12,145,947$4,631,138$61,848,934
75$143,110,017$12,535,045$4,580,228$67,604,907
76$157,494,696$12,936,719$4,521,122$73,933,649
77$173,339,916$13,351,380$4,453,341$80,893,230
78$190,794,443$13,779,453$4,376,384$88,547,639
79$210,022,208$14,221,378$4,289,724$96,967,379
80$231,203,857$14,677,609$4,192,814$106,230,141
81$254,538,455$15,148,617$4,085,078$116,421,529
82$280,245,364$15,634,885$3,965,914$127,635,872
83$308,566,313$16,136,917$3,834,694$139,977,110
84$339,767,680$16,655,229$3,690,760$153,559,780
85$374,143,006$17,190,358$3,533,423$168,510,088
86$412,015,765$17,742,858$3,361,965$184,967,109
87$453,742,416$18,313,301$3,175,634$203,084,090
88$499,715,768$18,902,278$2,973,643$223,029,904
89$550,368,688$19,510,401$2,755,172$244,990,636
90$606,178,186$20,138,303$2,519,362$269,171,345
91$667,669,917$20,786,636$2,265,317$295,797,996
92$735,423,144$21,456,077$1,992,101$325,119,590
93$810,076,204$22,147,323$1,698,735$357,410,519
94$892,332,532$22,861,098$1,384,198$392,973,151
95$982,967,305$23,598,146$1,047,423$432,140,687
96$1,082,834,757$24,359,242$687,298$475,280,302
97$1,192,876,238$25,145,181$302,659$522,796,614
98$1,314,129,110$25,956,790$0$575,135,500
99$1,447,736,529$26,794,922$0$632,814,766
100$1,594,958,241$27,660,460$0$696,430,389