Can I retire at age 35 with 2,990,000?

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 $2,990,000?

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$246,911$244,712$242,566$240,472$238,427$232,757
2 years$122,233$119,957$117,751$115,611$113,537$107,858
3 years$80,679$78,393$76,192$74,073$72,032$66,522
4 years$59,907$57,627$55,449$53,366$51,374$46,074
5 years$47,446$45,180$43,030$40,990$39,054$33,979
6 years$39,142$36,893$34,775$32,780$30,902$26,058
7 years$33,213$30,983$28,898$26,950$25,131$20,519
8 years$28,768$26,558$24,508$22,608$20,849$16,466
9 years$25,312$23,124$21,109$19,257$17,558$13,400
10 years$22,550$20,382$18,403$16,600$14,960$11,024
11 years$20,291$18,145$16,202$14,447$12,866$9,146
12 years$18,410$16,286$14,379$12,672$11,150$7,639
13 years$16,819$14,718$12,846$11,187$9,723$6,415
14 years$15,457$13,378$11,542$9,931$8,523$5,411
15 years$14,278$12,221$10,421$8,856$7,504$4,580
16 years$13,247$11,213$9,448$7,930$6,632$3,889
17 years$12,338$10,326$8,598$7,125$5,881$3,311
18 years$11,531$9,542$7,849$6,421$5,229$2,825
19 years$10,810$8,844$7,185$5,802$4,660$2,414
20 years$10,162$8,218$6,594$5,255$4,163$2,066
21 years$9,576$7,655$6,065$4,769$3,725$1,771
22 years$9,045$7,145$5,590$4,336$3,339$1,519
23 years$8,560$6,683$5,161$3,949$2,997$1,304
24 years$8,116$6,261$4,773$3,602$2,694$1,121
25 years$7,709$5,876$4,421$3,289$2,424$964
26 years$7,333$5,523$4,100$3,008$2,184$830
27 years$6,986$5,197$3,808$2,753$1,969$714
28 years$6,664$4,897$3,540$2,522$1,777$615
29 years$6,365$4,620$3,294$2,313$1,604$530
30 years$6,086$4,363$3,068$2,123$1,449$457
31 years$5,826$4,125$2,860$1,950$1,310$394
32 years$5,583$3,903$2,669$1,792$1,185$340
33 years$5,355$3,696$2,492$1,648$1,073$293
34 years$5,140$3,503$2,328$1,516$971$253
35 years$4,939$3,323$2,177$1,396$880$218
36 years$4,749$3,154$2,036$1,285$797$188
37 years$4,570$2,995$1,906$1,184$722$162
38 years$4,400$2,846$1,785$1,091$655$140
39 years$4,240$2,707$1,672$1,006$594$121
40 years$4,088$2,575$1,567$928$539$104
41 years$3,944$2,451$1,470$856$489$90
42 years$3,807$2,335$1,379$790$443$78
43 years$3,676$2,224$1,294$730$402$67
44 years$3,553$2,120$1,214$674$365$58
45 years$3,434$2,022$1,140$622$332$50
46 years$3,322$1,929$1,071$575$301$43
47 years$3,214$1,841$1,006$531$273$37
48 years$3,112$1,757$945$491$248$32
49 years$3,013$1,678$889$453$226$28
50 years$2,919$1,603$835$419$205$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,990,000, adding $3,882 every year, while hoping to spend $26,012 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: 69/12/19 Blend
34$2,990,000$2,990,000$2,990,000$2,990,000
35$3,298,984$3,140,514$3,094,169$3,511,065
36$3,607,804$3,266,723$3,170,147$3,779,310
37$3,947,252$3,398,244$3,247,799$4,069,295
38$4,320,424$3,535,310$3,327,153$4,385,958
39$4,730,732$3,678,165$3,408,237$4,731,929
40$5,181,934$3,827,063$3,491,081$5,110,105
41$5,678,173$3,982,270$3,575,713$5,523,672
42$6,224,009$4,144,064$3,662,162$5,976,142
43$6,824,471$4,312,736$3,750,457$6,471,378
44$7,485,096$4,488,590$3,840,627$7,013,637
45$8,211,989$4,671,943$3,932,701$7,607,604
46$9,011,871$4,863,128$4,026,706$8,258,440
47$9,892,153$5,062,493$4,122,672$8,971,827
48$10,860,997$5,270,399$4,220,626$9,754,024
49$11,927,399$5,487,229$4,320,597$10,611,924
50$13,101,269$5,713,378$4,422,612$11,553,119
51$14,393,527$5,949,263$4,526,698$12,585,970
52$15,816,208$6,195,318$4,632,884$13,719,687
53$17,382,570$6,451,997$4,741,194$14,964,415
54$19,107,224$6,719,777$4,851,656$16,331,329
55$21,006,270$6,999,154$4,964,295$17,832,737
56$23,097,446$7,290,650$5,079,136$19,482,200
57$25,400,301$7,594,807$5,196,203$21,294,654
58$27,936,375$7,912,197$5,315,519$23,286,554
59$30,729,404$8,243,413$5,437,107$25,476,030
60$33,805,543$8,589,080$5,560,990$27,883,050
61$37,193,613$8,949,849$5,687,188$30,529,616
62$40,925,373$9,326,403$5,815,720$33,439,968
63$45,035,819$9,719,455$5,946,605$36,640,810
64$49,563,518$10,129,753$6,079,861$40,161,562
65$54,550,963$10,558,078$6,215,503$44,034,641
66$60,044,985$11,005,248$6,353,546$48,295,759
67$66,097,187$11,472,118$6,494,004$52,984,265
68$72,764,434$11,959,585$6,636,886$58,143,514
69$80,109,387$12,468,586$6,782,203$63,821,272
70$88,201,100$13,000,102$6,929,962$70,070,171
71$97,115,664$13,555,159$7,080,168$76,948,200
72$106,936,933$14,134,833$7,232,825$84,519,256
73$117,757,309$14,740,249$7,387,933$92,853,741
74$129,678,617$15,372,583$7,545,491$102,029,229
75$142,813,064$16,033,069$7,705,494$112,131,195
76$157,284,304$16,722,996$7,867,935$123,253,823
77$173,228,595$17,443,715$8,032,803$135,500,891
78$190,796,095$18,196,640$8,200,085$148,986,750
79$210,152,272$18,983,251$8,369,763$163,837,403
80$231,479,472$19,805,098$8,541,818$180,191,692
81$254,978,633$20,663,803$8,716,224$198,202,607
82$280,871,189$21,561,064$8,892,953$218,038,730
83$309,401,154$22,498,661$9,071,971$239,885,822
84$340,837,431$23,478,454$9,253,241$263,948,580
85$375,476,345$24,502,395$9,436,720$290,452,559
86$413,644,443$25,572,523$9,622,362$319,646,308
87$455,701,577$26,690,977$9,810,111$351,803,709
88$502,044,299$27,859,996$9,999,911$387,226,564
89$553,109,604$29,081,923$10,191,695$426,247,438
90$609,379,060$30,359,213$10,385,393$469,232,801
91$671,383,347$31,694,437$10,580,926$516,586,479
92$739,707,271$33,090,288$10,778,210$568,753,470
93$814,995,285$34,549,584$10,977,152$626,224,141
94$897,957,569$36,075,278$11,177,652$689,538,849
95$989,376,737$37,670,464$11,379,600$759,293,050
96$1,090,115,228$39,338,379$11,582,880$836,142,906
97$1,201,123,439$41,082,418$11,787,364$920,811,486
98$1,323,448,706$42,906,133$11,992,917$1,014,095,583
99$1,458,245,187$44,813,246$12,199,393$1,116,873,236
100$1,606,784,757$46,807,657$12,406,634$1,230,112,014