Can I retire at age 35 with 3,000,000?

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 $3,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$247,737$245,530$243,378$241,276$239,224$232,592
2 years$122,642$120,358$118,144$115,998$113,916$107,284
3 years$80,949$78,655$76,447$74,321$72,273$65,849
4 years$60,107$57,820$55,634$53,544$51,546$45,378
5 years$47,605$45,332$43,174$41,127$39,184$33,291
6 years$39,273$37,017$34,891$32,890$31,005$25,391
7 years$33,324$31,087$28,995$27,040$25,216$19,881
8 years$28,864$26,647$24,590$22,684$20,919$15,860
9 years$25,397$23,201$21,179$19,321$17,617$12,830
10 years$22,625$20,450$18,465$16,655$15,010$10,489
11 years$20,359$18,206$16,256$14,495$12,909$8,647
12 years$18,471$16,341$14,427$12,714$11,187$7,175
13 years$16,875$14,767$12,889$11,225$9,755$5,985
14 years$15,509$13,423$11,581$9,964$8,551$5,013
15 years$14,326$12,262$10,456$8,886$7,529$4,214
16 years$13,291$11,250$9,480$7,957$6,654$3,553
17 years$12,379$10,361$8,626$7,149$5,900$3,003
18 years$11,570$9,574$7,875$6,443$5,246$2,543
19 years$10,846$8,873$7,209$5,821$4,676$2,157
20 years$10,196$8,245$6,616$5,272$4,177$1,832
21 years$9,608$7,680$6,086$4,785$3,738$1,558
22 years$9,075$7,169$5,609$4,351$3,350$1,326
23 years$8,589$6,705$5,179$3,962$3,007$1,130
24 years$8,143$6,282$4,789$3,614$2,703$964
25 years$7,734$5,896$4,436$3,300$2,432$822
26 years$7,358$5,541$4,114$3,018$2,191$702
27 years$7,009$5,215$3,820$2,762$1,975$599
28 years$6,686$4,914$3,551$2,531$1,782$512
29 years$6,386$4,636$3,305$2,321$1,610$437
30 years$6,107$4,378$3,078$2,130$1,454$374
31 years$5,846$4,139$2,870$1,956$1,315$320
32 years$5,601$3,916$2,678$1,798$1,189$273
33 years$5,373$3,708$2,500$1,653$1,076$234
34 years$5,158$3,515$2,336$1,521$975$200
35 years$4,955$3,334$2,184$1,400$883$171
36 years$4,765$3,164$2,043$1,290$800$146
37 years$4,585$3,005$1,912$1,188$725$125
38 years$4,415$2,856$1,791$1,095$657$107
39 years$4,254$2,716$1,678$1,010$596$92
40 years$4,101$2,584$1,573$931$541$79
41 years$3,957$2,460$1,475$859$490$67
42 years$3,819$2,342$1,383$793$445$58
43 years$3,689$2,232$1,298$732$404$49
44 years$3,564$2,127$1,218$676$367$42
45 years$3,446$2,029$1,144$624$333$36
46 years$3,333$1,935$1,074$577$302$31
47 years$3,225$1,847$1,009$533$274$26
48 years$3,122$1,763$949$492$249$23
49 years$3,023$1,684$892$455$226$19
50 years$2,929$1,608$838$421$206$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,000,000, adding $6,473 every year, while hoping to spend $55,263 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: 52/19/29 Blend
34$3,000,000$3,000,000$3,000,000$3,000,000
35$3,312,677$3,153,677$3,107,177$3,457,642
36$3,591,771$3,249,408$3,152,468$3,654,947
37$3,897,480$3,347,977$3,197,424$3,863,384
38$4,232,460$3,449,466$3,241,976$4,089,059
39$4,599,638$3,553,957$3,286,049$4,333,645
40$5,002,236$3,661,535$3,329,566$4,598,980
41$5,443,802$3,772,288$3,372,444$4,887,091
42$5,928,244$3,886,305$3,414,596$5,200,210
43$6,459,869$4,003,677$3,455,928$5,540,795
44$7,043,418$4,124,500$3,496,344$5,911,552
45$7,684,115$4,248,869$3,535,741$6,315,464
46$8,387,715$4,376,884$3,574,008$6,755,815
47$9,160,556$4,508,646$3,611,032$7,236,224
48$10,009,623$4,644,259$3,646,691$7,760,677
49$10,942,606$4,783,829$3,680,857$8,333,566
50$11,967,982$4,927,467$3,713,395$8,959,727
51$13,095,087$5,075,284$3,744,165$9,644,493
52$14,334,207$5,227,394$3,773,016$10,393,735
53$15,696,675$5,383,916$3,799,791$11,213,925
54$17,194,977$5,544,969$3,824,325$12,112,191
55$18,842,869$5,710,676$3,846,445$13,096,389
56$20,655,508$5,881,165$3,865,966$14,175,174
57$22,649,591$6,056,563$3,882,697$15,358,085
58$24,843,518$6,237,004$3,896,436$16,655,630
59$27,257,561$6,422,621$3,906,971$18,079,391
60$29,914,057$6,613,554$3,914,080$19,642,127
61$32,837,616$6,809,944$3,917,527$21,357,900
62$36,055,357$7,011,935$3,917,068$23,242,205
63$39,597,159$7,219,676$3,912,445$25,312,118
64$43,495,945$7,433,316$3,903,388$27,586,453
65$47,787,994$7,653,011$3,889,614$30,085,946
66$52,513,279$7,878,918$3,870,826$32,833,445
67$57,715,847$8,111,198$3,846,712$35,854,132
68$63,444,232$8,350,016$3,816,945$39,175,752
69$69,751,916$8,595,539$3,781,185$42,828,884
70$76,697,829$8,847,938$3,739,073$46,847,226
71$84,346,909$9,107,388$3,690,233$51,267,910
72$92,770,710$9,374,067$3,634,272$56,131,861
73$102,048,083$9,648,156$3,570,781$61,484,173
74$112,265,912$9,929,841$3,499,327$67,374,546
75$123,519,942$10,219,309$3,419,460$73,857,745
76$135,915,673$10,516,753$3,330,710$80,994,126
77$149,569,366$10,822,368$3,232,583$88,850,201
78$164,609,129$11,136,352$3,124,562$97,499,268
79$181,176,134$11,458,907$3,006,109$107,022,102
80$199,425,946$11,790,239$2,876,659$117,507,721
81$219,529,988$12,130,557$2,735,623$129,054,221
82$241,677,164$12,480,072$2,582,384$141,769,712
83$266,075,639$12,838,999$2,416,298$155,773,329
84$292,954,801$13,207,557$2,236,691$171,196,364
85$322,567,430$13,585,967$2,042,860$188,183,503
86$355,192,082$13,974,453$1,834,069$206,894,195
87$391,135,715$14,373,242$1,609,551$227,504,155
88$430,736,591$14,782,564$1,368,505$250,207,027
89$474,367,465$15,202,652$1,110,091$275,216,210
90$522,439,105$15,633,739$833,437$302,766,876
91$575,404,165$16,076,064$537,629$333,118,188
92$633,761,464$16,529,866$221,714$366,555,752
93$698,060,689$16,995,385$0$403,394,312
94$768,907,585$17,472,864$0$444,016,436
95$846,969,672$17,962,548$0$488,844,186
96$932,982,548$18,464,682$0$538,230,457
97$1,027,756,830$18,979,513$0$592,639,811
98$1,132,185,805$19,507,288$0$652,584,185
99$1,247,253,866$20,048,254$0$718,627,722
100$1,374,045,799$20,602,657$0$791,392,095