Can I retire at age 35 with 2,930,000?

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 $2,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$241,957$239,801$237,699$235,646$233,642$229,772
2 years$119,781$117,550$115,388$113,292$111,258$107,370
3 years$79,060$76,820$74,664$72,587$70,587$66,802
4 years$58,704$56,471$54,336$52,295$50,343$46,691
5 years$46,494$44,274$42,167$40,167$38,270$34,761
6 years$38,356$36,153$34,077$32,122$30,282$26,919
7 years$32,546$30,361$28,318$26,409$24,627$21,413
8 years$28,190$26,025$24,016$22,154$20,431$17,364
9 years$24,804$22,660$20,685$18,870$17,206$14,285
10 years$22,097$19,973$18,034$16,267$14,660$11,882
11 years$19,884$17,781$15,877$14,157$12,608$9,971
12 years$18,040$15,959$14,090$12,417$10,926$8,426
13 years$16,482$14,423$12,589$10,963$9,528$7,161
14 years$15,147$13,110$11,311$9,731$8,352$6,114
15 years$13,991$11,976$10,212$8,679$7,354$5,241
16 years$12,981$10,988$9,259$7,771$6,499$4,507
17 years$12,091$10,119$8,425$6,982$5,763$3,887
18 years$11,300$9,351$7,691$6,292$5,124$3,360
19 years$10,593$8,666$7,041$5,686$4,567$2,910
20 years$9,958$8,053$6,462$5,149$4,079$2,524
21 years$9,384$7,501$5,944$4,673$3,651$2,193
22 years$8,863$7,002$5,478$4,249$3,272$1,908
23 years$8,388$6,549$5,058$3,870$2,937$1,661
24 years$7,953$6,136$4,678$3,530$2,640$1,448
25 years$7,554$5,758$4,332$3,223$2,376$1,263
26 years$7,186$5,412$4,018$2,947$2,140$1,103
27 years$6,846$5,093$3,731$2,698$1,929$963
28 years$6,530$4,799$3,469$2,472$1,741$842
29 years$6,237$4,527$3,228$2,267$1,572$736
30 years$5,964$4,276$3,007$2,080$1,420$644
31 years$5,709$4,042$2,803$1,910$1,284$564
32 years$5,471$3,824$2,615$1,756$1,162$493
33 years$5,247$3,622$2,442$1,615$1,051$432
34 years$5,037$3,433$2,282$1,486$952$378
35 years$4,840$3,256$2,133$1,368$862$331
36 years$4,654$3,090$1,995$1,259$781$290
37 years$4,478$2,935$1,868$1,160$708$254
38 years$4,312$2,789$1,749$1,070$642$223
39 years$4,155$2,652$1,639$986$582$195
40 years$4,006$2,524$1,536$910$528$171
41 years$3,865$2,402$1,440$839$479$150
42 years$3,730$2,288$1,351$775$435$132
43 years$3,603$2,180$1,268$715$394$115
44 years$3,481$2,078$1,190$660$358$101
45 years$3,366$1,981$1,117$610$325$89
46 years$3,255$1,890$1,049$563$295$78
47 years$3,150$1,804$986$520$268$68
48 years$3,049$1,722$926$481$243$60
49 years$2,953$1,644$871$444$221$52
50 years$2,861$1,571$819$411$201$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,930,000, adding $4,156 every year, while hoping to spend $40,803 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: 64/6/30 Blend
34$2,930,000$2,930,000$2,930,000$2,930,000
35$3,233,147$3,077,857$3,032,442$3,413,867
36$3,519,514$3,185,258$3,090,615$3,644,366
37$3,833,723$3,296,554$3,149,369$3,891,300
38$4,178,570$3,411,893$3,208,680$4,160,273
39$4,557,137$3,531,428$3,268,524$4,453,461
40$4,972,817$3,655,320$3,328,871$4,773,257
41$5,429,348$3,783,734$3,389,692$5,122,301
42$5,930,848$3,916,844$3,450,953$5,503,496
43$6,481,854$4,054,829$3,512,620$5,920,042
44$7,087,363$4,197,876$3,574,653$6,375,466
45$7,752,882$4,346,179$3,637,011$6,873,649
46$8,484,476$4,499,942$3,699,651$7,418,868
47$9,288,827$4,659,374$3,762,524$8,015,835
48$10,173,299$4,824,695$3,825,580$8,669,742
49$11,146,003$4,996,132$3,888,765$9,386,307
50$12,215,876$5,173,924$3,952,019$10,171,829
51$13,392,765$5,358,316$4,015,281$11,033,251
52$14,687,519$5,549,565$4,078,485$11,978,219
53$16,112,092$5,747,939$4,141,560$13,015,159
54$17,679,654$5,953,717$4,204,431$14,153,356
55$19,404,718$6,167,188$4,267,019$15,403,037
56$21,303,273$6,388,654$4,329,238$16,775,473
57$23,392,937$6,618,429$4,390,998$18,283,081
58$25,693,125$6,856,840$4,452,204$19,939,545
59$28,225,225$7,104,227$4,512,755$21,759,941
60$31,012,810$7,360,946$4,572,544$23,760,883
61$34,081,849$7,627,365$4,631,457$25,960,674
62$37,460,961$7,903,869$4,689,374$28,379,487
63$41,181,679$8,190,859$4,746,168$31,039,547
64$45,278,751$8,488,752$4,801,705$33,965,346
65$49,790,466$8,797,982$4,855,844$37,183,872
66$54,759,013$9,119,004$4,908,435$40,724,863
67$60,230,885$9,452,288$4,959,321$44,621,091
68$66,257,312$9,798,326$5,008,334$48,908,665
69$72,894,744$10,157,630$5,055,300$53,627,378
70$80,205,389$10,530,735$5,100,033$58,821,080
71$88,257,794$10,918,196$5,142,340$64,538,092
72$97,127,495$11,320,594$5,182,014$70,831,660
73$106,897,730$11,738,533$5,218,841$77,760,461
74$117,660,219$12,172,643$5,252,594$85,389,155
75$129,516,039$12,623,579$5,283,033$93,788,995
76$142,576,568$13,092,028$5,309,908$103,038,500
77$156,964,543$13,578,702$5,332,955$113,224,198
78$172,815,214$14,084,347$5,351,897$124,441,439
79$190,277,623$14,609,736$5,366,442$136,795,299
80$209,516,008$15,155,681$5,376,285$150,401,567
81$230,711,355$15,723,024$5,381,105$165,387,843
82$254,063,107$16,312,645$5,380,565$181,894,742
83$279,791,041$16,925,462$5,374,312$200,077,217
84$308,137,350$17,562,432$5,361,974$220,106,027
85$339,368,922$18,224,554$5,343,163$242,169,346
86$373,779,865$18,912,870$5,317,471$266,474,542
87$411,694,275$19,628,465$5,284,471$293,250,130
88$453,469,305$20,372,473$5,243,714$322,747,935
89$499,498,528$21,146,078$5,194,732$355,245,465
90$550,215,654$21,950,513$5,137,033$391,048,536
91$606,098,629$22,787,065$5,070,101$430,494,152
92$667,674,138$23,657,080$4,993,398$473,953,693
93$735,522,582$24,561,959$4,906,359$521,836,418
94$810,283,556$25,503,167$4,808,393$574,593,331
95$892,661,887$26,482,229$4,698,882$632,721,435
96$983,434,283$27,500,743$4,577,179$696,768,429
97$1,083,456,672$28,560,371$4,442,606$767,337,876
98$1,193,672,276$29,662,852$4,294,456$845,094,903
99$1,315,120,516$30,810,000$4,131,989$930,772,479
100$1,448,946,827$32,003,709$3,954,429$1,025,178,334