Can I retire at age 35 with 2,920,000?

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 $2,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$241,131$238,983$236,887$234,842$232,845$230,031
2 years$119,372$117,149$114,994$112,905$110,879$108,046
3 years$78,791$76,558$74,409$72,339$70,346$67,584
4 years$58,504$56,278$54,150$52,116$50,171$47,500
5 years$46,335$44,123$42,023$40,030$38,139$35,568
6 years$38,225$36,030$33,961$32,013$30,178$27,709
7 years$32,435$30,258$28,222$26,319$24,543$22,177
8 years$28,094$25,936$23,934$22,079$20,361$18,097
9 years$24,720$22,582$20,614$18,806$17,147$14,985
10 years$22,022$19,905$17,972$16,211$14,610$12,549
11 years$19,816$17,720$15,822$14,108$12,565$10,603
12 years$17,979$15,905$14,042$12,375$10,889$9,023
13 years$16,425$14,373$12,546$10,925$9,495$7,724
14 years$15,095$13,065$11,272$9,698$8,323$6,644
15 years$13,944$11,935$10,177$8,649$7,329$5,738
16 years$12,937$10,950$9,227$7,744$6,477$4,972
17 years$12,049$10,085$8,396$6,958$5,743$4,321
18 years$11,261$9,319$7,665$6,271$5,106$3,765
19 years$10,557$8,637$7,017$5,666$4,551$3,287
20 years$9,924$8,025$6,440$5,132$4,065$2,875
21 years$9,352$7,475$5,923$4,657$3,638$2,519
22 years$8,833$6,978$5,459$4,235$3,261$2,210
23 years$8,360$6,526$5,041$3,857$2,927$1,941
24 years$7,926$6,115$4,662$3,517$2,631$1,706
25 years$7,528$5,738$4,318$3,212$2,368$1,501
26 years$7,161$5,393$4,004$2,937$2,133$1,322
27 years$6,822$5,076$3,718$2,688$1,923$1,165
28 years$6,508$4,783$3,457$2,463$1,735$1,027
29 years$6,216$4,512$3,217$2,259$1,567$906
30 years$5,944$4,261$2,996$2,073$1,416$800
31 years$5,690$4,028$2,793$1,904$1,280$706
32 years$5,452$3,811$2,606$1,750$1,158$624
33 years$5,229$3,609$2,434$1,609$1,048$551
34 years$5,020$3,421$2,274$1,480$949$487
35 years$4,823$3,245$2,126$1,363$859$431
36 years$4,638$3,080$1,989$1,255$778$381
37 years$4,463$2,925$1,861$1,156$706$337
38 years$4,297$2,780$1,743$1,066$640$298
39 years$4,140$2,643$1,633$983$580$264
40 years$3,992$2,515$1,531$907$526$233
41 years$3,851$2,394$1,435$836$477$207
42 years$3,718$2,280$1,346$772$433$183
43 years$3,590$2,172$1,263$713$393$162
44 years$3,469$2,071$1,186$658$357$143
45 years$3,354$1,975$1,113$608$324$127
46 years$3,244$1,884$1,046$561$294$112
47 years$3,139$1,798$983$519$267$99
48 years$3,039$1,716$923$479$243$88
49 years$2,943$1,639$868$443$220$78
50 years$2,851$1,565$816$409$200$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,920,000, adding $5,397 every year, while hoping to spend $34,872 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: 40/46/14 Blend
34$2,920,000$2,920,000$2,920,000$2,920,000
35$3,223,407$3,068,647$3,023,387$3,338,698
36$3,515,091$3,181,907$3,087,567$3,534,114
37$3,835,358$3,299,548$3,152,728$3,741,562
38$4,187,087$3,421,748$3,218,867$3,965,222
39$4,573,448$3,548,693$3,285,977$4,206,580
40$4,997,936$3,680,574$3,354,053$4,467,270
41$5,464,398$3,817,595$3,423,087$4,749,083
42$5,977,074$3,959,965$3,493,068$5,053,988
43$6,540,636$4,107,904$3,563,986$5,384,149
44$7,160,229$4,261,639$3,635,828$5,741,943
45$7,841,522$4,421,409$3,708,578$6,129,981
46$8,590,762$4,587,463$3,782,220$6,551,134
47$9,414,831$4,760,060$3,856,736$7,008,559
48$10,321,311$4,939,471$3,932,104$7,505,724
49$11,318,557$5,125,976$4,008,301$8,046,447
50$12,415,772$5,319,871$4,085,301$8,634,922
51$13,623,099$5,521,463$4,163,077$9,275,764
52$14,951,712$5,731,072$4,241,597$9,974,049
53$16,413,924$5,949,032$4,320,828$10,735,361
54$18,023,302$6,175,692$4,400,733$11,565,843
55$19,794,793$6,411,415$4,481,272$12,472,255
56$21,744,870$6,656,583$4,562,403$13,462,034
57$23,891,681$6,911,590$4,644,078$14,543,364
58$26,255,225$7,176,850$4,726,247$15,725,255
59$28,857,539$7,452,797$4,808,857$17,017,620
60$31,722,903$7,739,879$4,891,849$18,431,372
61$34,878,074$8,038,568$4,975,161$19,978,523
62$38,352,535$8,349,355$5,058,726$21,672,296
63$42,178,773$8,672,753$5,142,473$23,527,250
64$46,392,587$9,009,297$5,226,325$25,559,411
65$51,033,425$9,359,547$5,310,201$27,786,427
66$56,144,756$9,724,086$5,394,014$30,227,729
67$61,774,478$10,103,524$5,477,671$32,904,711
68$67,975,376$10,498,497$5,561,074$35,840,932
69$74,805,612$10,909,671$5,644,118$39,062,338
70$82,329,280$11,337,740$5,726,691$42,597,500
71$90,617,006$11,783,430$5,808,675$46,477,884
72$99,746,621$12,247,498$5,889,946$50,738,143
73$109,803,886$12,730,735$5,970,369$55,416,447
74$120,883,311$13,233,969$6,049,804$60,554,832
75$133,089,038$13,758,064$6,128,103$66,199,600
76$146,535,833$14,303,921$6,205,107$72,401,754
77$161,350,159$14,872,485$6,280,649$79,217,468
78$177,671,378$15,464,740$6,354,554$86,708,625
79$195,653,062$16,081,715$6,426,635$94,943,389
80$215,464,443$16,724,488$6,496,695$103,996,848
81$237,292,009$17,394,181$6,564,528$113,951,719
82$261,341,269$18,091,970$6,629,914$124,899,125
83$287,838,685$18,819,084$6,692,623$136,939,452
84$317,033,817$19,576,805$6,752,412$150,183,290
85$349,201,674$20,366,476$6,809,025$164,752,472
86$384,645,310$21,189,498$6,862,193$180,781,224
87$423,698,686$22,047,338$6,911,631$198,417,423
88$466,729,822$22,941,528$6,957,041$217,823,987
89$514,144,271$23,873,670$6,998,109$239,180,413
90$566,388,946$24,845,439$7,034,505$262,684,461
91$623,956,340$25,858,587$7,065,882$288,554,017
92$687,389,173$26,914,944$7,091,876$317,029,143
93$757,285,518$28,016,426$7,112,103$348,374,339
94$834,304,444$29,165,033$7,126,161$382,881,030
95$919,172,237$30,362,860$7,133,627$420,870,314
96$1,012,689,261$31,612,096$7,134,059$462,695,982
97$1,115,737,507$32,915,030$7,126,992$508,747,855
98$1,229,288,923$34,274,057$7,111,936$559,455,453
99$1,354,414,589$35,691,681$7,088,382$615,292,043
100$1,492,294,826$37,170,522$7,055,792$676,779,097