Can I retire at age 35 with 2,900,000?

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 $2,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$239,479$237,346$235,265$233,234$231,250$225,751
2 years$118,554$116,346$114,206$112,132$110,119$104,611
3 years$78,251$76,033$73,899$71,844$69,864$64,519
4 years$58,103$55,893$53,780$51,759$49,828$44,687
5 years$46,018$43,821$41,735$39,756$37,878$32,956
6 years$37,964$35,783$33,728$31,793$29,972$25,274
7 years$32,213$30,050$28,028$26,139$24,375$19,901
8 years$27,902$25,759$23,770$21,927$20,221$15,970
9 years$24,550$22,428$20,473$18,677$17,029$12,997
10 years$21,871$19,769$17,849$16,100$14,510$10,692
11 years$19,680$17,599$15,714$14,012$12,479$8,871
12 years$17,855$15,796$13,946$12,290$10,814$7,409
13 years$16,313$14,275$12,460$10,850$9,430$6,222
14 years$14,992$12,975$11,195$9,632$8,266$5,248
15 years$13,848$11,853$10,108$8,590$7,278$4,443
16 years$12,848$10,875$9,164$7,691$6,433$3,772
17 years$11,967$10,016$8,339$6,911$5,704$3,211
18 years$11,184$9,255$7,612$6,228$5,071$2,739
19 years$10,485$8,577$6,969$5,627$4,520$2,341
20 years$9,856$7,970$6,396$5,097$4,038$2,004
21 years$9,288$7,424$5,883$4,626$3,613$1,717
22 years$8,772$6,930$5,422$4,206$3,239$1,473
23 years$8,302$6,482$5,006$3,830$2,907$1,265
24 years$7,872$6,073$4,630$3,493$2,613$1,087
25 years$7,477$5,699$4,288$3,190$2,351$935
26 years$7,112$5,356$3,977$2,917$2,118$805
27 years$6,776$5,041$3,693$2,670$1,910$693
28 years$6,463$4,750$3,433$2,446$1,723$597
29 years$6,173$4,481$3,195$2,243$1,556$514
30 years$5,903$4,232$2,976$2,059$1,406$443
31 years$5,651$4,001$2,774$1,891$1,271$382
32 years$5,415$3,785$2,588$1,738$1,150$329
33 years$5,193$3,585$2,417$1,598$1,040$284
34 years$4,986$3,398$2,258$1,470$942$245
35 years$4,790$3,223$2,111$1,354$853$211
36 years$4,606$3,059$1,975$1,247$773$182
37 years$4,432$2,905$1,849$1,149$701$157
38 years$4,268$2,761$1,731$1,059$635$136
39 years$4,112$2,625$1,622$976$576$117
40 years$3,965$2,498$1,520$900$522$101
41 years$3,825$2,378$1,425$831$474$87
42 years$3,692$2,264$1,337$767$430$75
43 years$3,566$2,157$1,255$708$390$65
44 years$3,446$2,056$1,178$653$354$56
45 years$3,331$1,961$1,106$603$322$49
46 years$3,222$1,871$1,039$557$292$42
47 years$3,118$1,785$976$515$265$36
48 years$3,018$1,704$917$476$241$31
49 years$2,923$1,628$862$440$219$27
50 years$2,831$1,555$810$406$199$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,900,000, adding $4,443 every year, while hoping to spend $42,496 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: 80/12/8 Blend
34$2,900,000$2,900,000$2,900,000$2,900,000
35$3,200,383$3,046,683$3,001,733$3,452,744
36$3,481,607$3,150,755$3,057,076$3,722,837
37$3,790,091$3,258,502$3,112,848$4,013,100
38$4,128,571$3,370,060$3,169,019$4,330,324
39$4,500,061$3,485,569$3,225,557$4,677,181
40$4,907,880$3,605,174$3,282,426$5,056,612
41$5,355,684$3,729,028$3,339,588$5,471,858
42$5,847,501$3,857,287$3,397,001$5,926,486
43$6,387,767$3,990,116$3,454,622$6,424,424
44$6,981,371$4,127,683$3,512,403$6,969,999
45$7,633,697$4,270,166$3,570,295$7,567,977
46$8,350,678$4,417,747$3,628,243$8,223,606
47$9,138,848$4,570,618$3,686,191$8,942,666
48$10,005,409$4,728,977$3,744,076$9,731,527
49$10,958,292$4,893,028$3,801,834$10,597,201
50$12,006,238$5,062,986$3,859,396$11,547,416
51$13,158,875$5,239,074$3,916,687$12,590,682
52$14,426,814$5,421,522$3,973,629$13,736,376
53$15,821,743$5,610,570$4,030,139$14,994,826
54$17,356,541$5,806,469$4,086,130$16,377,411
55$19,045,400$6,009,478$4,141,507$17,896,666
56$20,903,955$6,219,866$4,196,172$19,566,403
57$22,949,434$6,437,915$4,250,019$21,401,837
58$25,200,820$6,663,917$4,302,939$23,419,730
59$27,679,030$6,898,175$4,354,813$25,638,551
60$30,407,111$7,141,005$4,405,519$28,078,648
61$33,410,457$7,392,736$4,454,925$30,762,442
62$36,717,053$7,653,709$4,502,894$33,714,632
63$40,357,731$7,924,279$4,549,279$36,962,436
64$44,366,467$8,204,817$4,593,928$40,535,841
65$48,780,701$8,495,707$4,636,679$44,467,887
66$53,641,685$8,797,349$4,677,360$48,794,981
67$58,994,878$9,110,161$4,715,793$53,557,236
68$64,890,372$9,434,575$4,751,789$58,798,852
69$71,383,364$9,771,043$4,785,147$64,568,533
70$78,534,677$10,120,034$4,815,660$70,919,942
71$86,411,336$10,482,038$4,843,106$77,912,211
72$95,087,197$10,857,562$4,867,255$85,610,498
73$104,643,646$11,247,137$4,887,863$94,086,599
74$115,170,366$11,651,315$4,904,674$103,419,628
75$126,766,182$12,070,669$4,917,420$113,696,759
76$139,539,998$12,505,796$4,925,819$125,014,054
77$153,611,818$12,957,321$4,929,574$137,477,363
78$169,113,885$13,425,891$4,928,376$151,203,327
79$186,191,922$13,912,181$4,921,898$166,320,476
80$205,006,515$14,416,894$4,909,798$182,970,441
81$225,734,621$14,940,763$4,891,717$201,309,292
82$248,571,243$15,484,552$4,867,281$221,509,008
83$273,731,269$16,049,054$4,836,094$243,759,103
84$301,451,499$16,635,098$4,797,744$268,268,410
85$331,992,881$17,243,547$4,751,798$295,267,054
86$365,642,975$17,875,300$4,697,802$325,008,624
87$402,718,662$18,531,294$4,635,282$357,772,563
88$443,569,143$19,212,505$4,563,741$393,866,807
89$488,579,228$19,919,950$4,482,659$433,630,691
90$538,172,971$20,654,690$4,391,491$477,438,151
91$592,817,675$21,417,830$4,289,666$525,701,252
92$653,028,296$22,210,522$4,176,588$578,874,078
93$719,372,312$23,033,968$4,051,634$637,457,016
94$792,475,075$23,889,419$3,914,150$702,001,481
95$873,025,713$24,778,180$3,763,455$773,115,117
96$961,783,638$25,701,614$3,598,833$851,467,536
97$1,059,585,716$26,661,140$3,419,540$937,796,633
98$1,167,354,159$27,658,236$3,224,796$1,032,915,558
99$1,286,105,241$28,694,447$3,013,784$1,137,720,382
100$1,416,958,884$29,771,383$2,785,654$1,253,198,563