Can I retire at age 35 with 2,910,000?

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 $2,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$240,305$238,165$236,076$234,038$232,047$224,261
2 years$118,963$116,747$114,600$112,518$110,499$102,730
3 years$78,521$76,296$74,154$72,091$70,105$62,599
4 years$58,304$56,085$53,965$51,938$49,999$42,813
5 years$46,177$43,972$41,879$39,893$38,009$31,162
6 years$38,095$35,906$33,845$31,903$30,075$23,573
7 years$32,324$30,154$28,125$26,229$24,459$18,300
8 years$27,998$25,847$23,852$22,003$20,291$14,471
9 years$24,635$22,505$20,544$18,742$17,088$11,600
10 years$21,946$19,837$17,911$16,156$14,560$9,395
11 years$19,748$17,660$15,768$14,060$12,522$7,670
12 years$17,917$15,850$13,994$12,333$10,851$6,301
13 years$16,369$14,324$12,503$10,888$9,463$5,203
14 years$15,044$13,020$11,234$9,665$8,295$4,313
15 years$13,896$11,894$10,142$8,620$7,303$3,588
16 years$12,892$10,913$9,196$7,718$6,455$2,992
17 years$12,008$10,050$8,368$6,934$5,723$2,501
18 years$11,223$9,287$7,639$6,249$5,089$2,095
19 years$10,521$8,607$6,993$5,647$4,536$1,757
20 years$9,890$7,998$6,418$5,114$4,051$1,475
21 years$9,320$7,450$5,903$4,641$3,626$1,240
22 years$8,803$6,954$5,441$4,220$3,250$1,043
23 years$8,331$6,504$5,023$3,843$2,917$879
24 years$7,899$6,094$4,646$3,505$2,622$740
25 years$7,502$5,719$4,303$3,201$2,359$624
26 years$7,137$5,375$3,991$2,927$2,125$526
27 years$6,799$5,058$3,706$2,679$1,916$444
28 years$6,486$4,766$3,445$2,455$1,729$375
29 years$6,195$4,497$3,206$2,251$1,561$316
30 years$5,924$4,246$2,986$2,066$1,411$267
31 years$5,670$4,014$2,784$1,897$1,275$225
32 years$5,433$3,798$2,597$1,744$1,154$190
33 years$5,211$3,597$2,425$1,604$1,044$161
34 years$5,003$3,409$2,266$1,475$945$136
35 years$4,807$3,234$2,119$1,358$856$115
36 years$4,622$3,069$1,982$1,251$776$97
37 years$4,447$2,915$1,855$1,152$703$82
38 years$4,282$2,770$1,737$1,062$637$69
39 years$4,126$2,634$1,627$979$578$59
40 years$3,978$2,506$1,525$903$524$49
41 years$3,838$2,386$1,430$834$476$42
42 years$3,705$2,272$1,342$769$432$35
43 years$3,578$2,165$1,259$710$392$30
44 years$3,457$2,064$1,182$656$356$25
45 years$3,343$1,968$1,110$606$323$21
46 years$3,233$1,877$1,042$559$293$18
47 years$3,128$1,791$979$517$266$15
48 years$3,028$1,710$920$477$242$13
49 years$2,933$1,633$865$441$219$11
50 years$2,841$1,560$813$408$199$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,910,000, adding $4,729 every year, while hoping to spend $21,474 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: 79/10/11 Blend
34$2,910,000$2,910,000$2,910,000$2,910,000
35$3,211,698$3,057,468$3,012,363$3,458,794
36$3,516,443$3,184,436$3,090,429$3,748,765
37$3,851,552$3,316,905$3,170,390$4,063,555
38$4,220,100$3,455,123$3,252,288$4,408,281
39$4,625,475$3,599,348$3,336,164$4,785,925
40$5,071,407$3,749,850$3,422,059$5,199,768
41$5,562,010$3,906,912$3,510,018$5,653,425
42$6,101,814$4,070,830$3,600,082$6,150,876
43$6,695,811$4,241,912$3,692,297$6,696,505
44$7,349,501$4,420,484$3,786,706$7,295,140
45$8,068,945$4,606,883$3,883,356$7,952,097
46$8,860,822$4,801,464$3,982,293$8,673,233
47$9,732,488$5,004,598$4,083,562$9,464,997
48$10,692,052$5,216,674$4,187,211$10,334,494
49$11,748,447$5,438,096$4,293,289$11,289,551
50$12,911,517$5,669,292$4,401,843$12,338,786
51$14,192,110$5,910,705$4,512,922$13,491,695
52$15,602,176$6,162,801$4,626,577$14,758,739
53$17,154,888$6,426,068$4,742,857$16,151,440
54$18,864,757$6,701,015$4,861,812$17,682,492
55$20,747,774$6,988,178$4,983,496$19,365,878
56$22,821,562$7,288,113$5,107,958$21,217,005
57$25,105,538$7,601,407$5,235,251$23,252,844
58$27,621,099$7,928,673$5,365,428$25,492,094
59$30,391,824$8,270,550$5,498,542$27,955,354
60$33,443,693$8,627,710$5,634,647$30,665,321
61$36,805,339$9,000,857$5,773,796$33,646,999
62$40,508,309$9,390,725$5,916,044$36,927,939
63$44,587,370$9,798,084$6,061,445$40,538,494
64$49,080,833$10,223,741$6,210,055$44,512,107
65$54,030,914$10,668,540$6,361,927$48,885,626
66$59,484,134$11,133,365$6,517,119$53,699,651
67$65,491,757$11,619,142$6,675,684$58,998,915
68$72,110,276$12,126,839$6,837,679$64,832,707
69$79,401,942$12,657,472$7,003,159$71,255,334
70$87,435,354$13,212,103$7,172,179$78,326,638
71$96,286,110$13,791,845$7,344,796$86,112,551
72$106,037,511$14,397,863$7,521,065$94,685,726
73$116,781,357$15,031,379$7,701,040$104,126,216
74$128,618,807$15,693,669$7,884,778$114,522,228
75$141,661,339$16,386,072$8,072,331$125,970,960
76$156,031,797$17,109,991$8,263,756$138,579,509
77$171,865,553$17,866,893$8,459,104$152,465,889
78$189,311,785$18,658,316$8,658,430$167,760,140
79$208,534,886$19,485,872$8,861,785$184,605,552
80$229,716,011$20,351,247$9,069,222$203,160,020
81$253,054,794$21,256,208$9,280,791$223,597,531
82$278,771,227$22,202,606$9,496,542$246,109,807
83$307,107,739$23,192,380$9,716,522$270,908,111
84$338,331,483$24,227,562$9,940,781$298,225,239
85$372,736,860$25,310,278$10,169,362$328,317,719
86$410,648,295$26,442,757$10,402,312$361,468,230
87$452,423,304$27,627,335$10,639,672$397,988,266
88$498,455,863$28,866,457$10,881,483$438,221,078
89$549,180,133$30,162,685$11,127,785$482,544,910
90$605,074,555$31,518,704$11,378,613$531,376,569
91$666,666,365$32,937,327$11,634,003$585,175,358
92$734,536,578$34,421,500$11,893,986$644,447,407
93$809,325,466$35,974,310$12,158,591$709,750,453
94$891,738,604$37,598,991$12,427,844$781,699,097
95$982,553,533$39,298,933$12,701,768$860,970,611
96$1,082,627,099$41,077,686$12,980,383$948,311,321
97$1,192,903,541$42,938,971$13,263,704$1,044,543,657
98$1,314,423,408$44,886,687$13,551,744$1,150,573,910
99$1,448,333,377$46,924,916$13,844,509$1,267,400,783
100$1,595,897,086$49,057,941$14,142,004$1,396,124,824