Can I retire at age 35 with 3,500,000?

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 $3,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$289,027$286,452$283,940$281,489$279,095$276,756
2 years$143,083$140,418$137,835$135,331$132,902$130,546
3 years$94,441$91,765$89,188$86,708$84,319$82,016
4 years$70,125$67,457$64,906$62,468$60,137$57,907
5 years$55,539$52,887$50,370$47,982$45,715$43,564
6 years$45,818$43,186$40,706$38,371$36,173$34,104
7 years$38,878$36,268$33,827$31,547$29,418$27,431
8 years$33,674$31,088$28,688$26,464$24,405$22,501
9 years$29,630$27,068$24,709$22,542$20,553$18,731
10 years$26,396$23,859$21,542$19,431$17,512$15,771
11 years$23,752$21,240$18,965$16,911$15,061$13,399
12 years$21,550$19,064$16,831$14,833$13,051$11,468
13 years$19,688$17,228$15,038$13,095$11,381$9,874
14 years$18,094$15,660$13,511$11,625$9,977$8,544
15 years$16,713$14,306$12,199$10,367$8,784$7,424
16 years$15,506$13,125$11,060$9,283$7,763$6,473
17 years$14,443$12,088$10,064$8,340$6,884$5,662
18 years$13,498$11,170$9,187$7,516$6,121$4,964
19 years$12,654$10,352$8,411$6,792$5,455$4,363
20 years$11,895$9,620$7,719$6,151$4,873$3,841
21 years$11,210$8,960$7,100$5,583$4,361$3,388
22 years$10,587$8,364$6,544$5,076$3,909$2,992
23 years$10,020$7,823$6,042$4,623$3,509$2,646
24 years$9,501$7,329$5,588$4,216$3,154$2,342
25 years$9,024$6,878$5,175$3,850$2,838$2,076
26 years$8,584$6,464$4,800$3,521$2,556$1,841
27 years$8,177$6,084$4,457$3,223$2,305$1,634
28 years$7,801$5,733$4,143$2,953$2,080$1,451
29 years$7,451$5,408$3,856$2,708$1,878$1,290
30 years$7,124$5,107$3,592$2,485$1,697$1,147
31 years$6,820$4,828$3,348$2,282$1,534$1,020
32 years$6,535$4,569$3,124$2,097$1,388$908
33 years$6,268$4,326$2,917$1,929$1,256$808
34 years$6,017$4,100$2,725$1,775$1,137$720
35 years$5,781$3,889$2,548$1,634$1,030$641
36 years$5,559$3,691$2,384$1,504$933$571
37 years$5,349$3,506$2,231$1,386$846$509
38 years$5,151$3,332$2,089$1,278$767$454
39 years$4,963$3,168$1,957$1,178$695$405
40 years$4,785$3,014$1,835$1,087$631$361
41 years$4,616$2,869$1,720$1,003$572$322
42 years$4,456$2,733$1,614$925$519$287
43 years$4,304$2,604$1,514$854$471$256
44 years$4,158$2,482$1,421$789$428$228
45 years$4,020$2,367$1,335$728$388$204
46 years$3,888$2,258$1,254$673$352$182
47 years$3,763$2,155$1,178$622$320$162
48 years$3,642$2,057$1,107$574$291$145
49 years$3,527$1,964$1,040$531$264$129
50 years$3,417$1,876$978$491$240$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,500,000, adding $2,397 every year, while hoping to spend $43,713 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: 56/26/18 Blend
34$3,500,000$3,500,000$3,500,000$3,500,000
35$3,859,473$3,673,973$3,619,723$4,056,986
36$4,206,628$3,807,487$3,694,473$4,325,261
37$4,587,729$3,946,078$3,770,262$4,612,456
38$5,006,191$4,089,950$3,847,080$4,924,341
39$5,465,777$4,239,312$3,924,911$5,263,295
40$5,970,633$4,394,385$4,003,743$5,631,934
41$6,525,325$4,555,398$4,083,556$6,033,134
42$7,134,886$4,722,589$4,164,332$6,470,062
43$7,804,857$4,896,209$4,246,050$6,946,203
44$8,541,344$5,076,515$4,328,685$7,465,392
45$9,351,076$5,263,779$4,412,210$8,031,849
46$10,241,464$5,458,282$4,496,597$8,650,219
47$11,220,673$5,660,318$4,581,813$9,325,616
48$12,297,701$5,870,193$4,667,823$10,063,670
49$13,482,460$6,088,226$4,754,589$10,870,577
50$14,785,872$6,314,750$4,842,069$11,753,161
51$16,219,970$6,550,112$4,930,217$12,718,934
52$17,798,014$6,794,674$5,018,986$13,776,169
53$19,534,611$7,048,813$5,108,322$14,933,974
54$21,445,859$7,312,922$5,198,169$16,202,379
55$23,549,494$7,587,413$5,288,465$17,592,431
56$25,865,059$7,872,713$5,379,145$19,116,294
57$28,414,087$8,169,268$5,470,138$20,787,367
58$31,220,306$8,477,544$5,561,370$22,620,406
59$34,309,861$8,798,027$5,652,760$24,631,662
60$37,711,561$9,131,224$5,744,221$26,839,036
61$41,457,150$9,477,664$5,835,662$29,262,246
62$45,581,607$9,837,898$5,926,985$31,923,012
63$50,123,478$10,212,502$6,018,086$34,845,258
64$55,125,235$10,602,077$6,108,854$38,055,337
65$60,633,680$11,007,249$6,199,172$41,582,282
66$66,700,385$11,428,674$6,288,913$45,458,074
67$73,382,179$11,867,034$6,377,947$49,717,946
68$80,741,684$12,323,041$6,466,131$54,400,711
69$88,847,906$12,797,441$6,553,316$59,549,130
70$97,776,886$13,291,009$6,639,346$65,210,311
71$107,612,416$13,804,556$6,724,052$71,436,155
72$118,446,833$14,338,929$6,807,258$78,283,843
73$130,381,885$14,895,012$6,888,776$85,816,373
74$143,529,697$15,473,727$6,968,410$94,103,154
75$158,013,825$16,076,039$7,045,950$103,220,660
76$173,970,423$16,702,953$7,121,178$113,253,148
77$191,549,529$17,355,520$7,193,860$124,293,452
78$210,916,478$18,034,838$7,263,751$136,443,860
79$232,253,467$18,742,053$7,330,595$149,817,071
80$255,761,268$19,478,361$7,394,118$164,537,266
81$281,661,131$20,245,014$7,454,034$180,741,268
82$310,196,865$21,043,318$7,510,042$198,579,837
83$341,637,142$21,874,637$7,561,825$218,219,091
84$376,278,033$22,740,397$7,609,049$239,842,068
85$414,445,803$23,642,087$7,651,363$263,650,453
86$456,499,989$24,581,264$7,688,398$289,866,481
87$502,836,794$25,559,552$7,719,766$318,735,029
88$553,892,829$26,578,652$7,745,059$350,525,924
89$610,149,229$27,640,338$7,763,851$385,536,492
90$672,136,202$28,746,465$7,775,691$424,094,355
91$740,438,025$29,898,973$7,780,107$466,560,527
92$815,698,569$31,099,888$7,776,606$513,332,811
93$898,627,367$32,351,327$7,764,667$564,849,559
94$990,006,321$33,655,504$7,743,745$621,593,800
95$1,090,697,076$35,014,734$7,713,271$684,097,797
96$1,201,649,155$36,431,434$7,672,643$752,948,071
97$1,323,908,928$37,908,133$7,621,236$828,790,928
98$1,458,629,482$39,447,474$7,558,390$912,338,562
99$1,607,081,510$41,052,222$7,483,417$1,004,375,770
100$1,770,665,307$42,725,264$7,395,595$1,105,767,356