Can I retire at age 35 with 3,100,000?

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 $3,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$255,995$253,715$251,490$249,319$247,198$243,806
2 years$126,730$124,370$122,083$119,865$117,714$114,302
3 years$83,648$81,277$78,996$76,799$74,682$71,357
4 years$62,110$59,747$57,489$55,329$53,264$50,052
5 years$49,192$46,843$44,613$42,498$40,490$37,400
6 years$40,582$38,251$36,054$33,986$32,039$29,073
7 years$34,434$32,123$29,961$27,942$26,056$23,217
8 years$29,826$27,535$25,410$23,440$21,616$18,903
9 years$26,243$23,974$21,885$19,965$18,204$15,615
10 years$23,379$21,132$19,080$17,210$15,511$13,045
11 years$21,037$18,813$16,798$14,978$13,340$10,994
12 years$19,087$16,885$14,908$13,138$11,560$9,332
13 years$17,438$15,259$13,319$11,599$10,080$7,968
14 years$16,026$13,870$11,967$10,296$8,836$6,835
15 years$14,803$12,671$10,805$9,182$7,780$5,887
16 years$13,734$11,625$9,796$8,222$6,876$5,088
17 years$12,792$10,706$8,914$7,387$6,097$4,409
18 years$11,956$9,893$8,137$6,657$5,421$3,830
19 years$11,208$9,169$7,449$6,015$4,832$3,335
20 years$10,536$8,520$6,837$5,448$4,316$2,908
21 years$9,929$7,936$6,288$4,945$3,862$2,540
22 years$9,377$7,408$5,796$4,496$3,462$2,221
23 years$8,875$6,929$5,351$4,094$3,108$1,945
24 years$8,415$6,492$4,949$3,734$2,793$1,705
25 years$7,992$6,092$4,584$3,410$2,514$1,495
26 years$7,603$5,726$4,251$3,118$2,264$1,313
27 years$7,243$5,389$3,948$2,854$2,041$1,153
28 years$6,909$5,078$3,670$2,615$1,842$1,014
29 years$6,599$4,790$3,415$2,398$1,663$891
30 years$6,310$4,524$3,181$2,201$1,503$784
31 years$6,041$4,276$2,966$2,021$1,359$690
32 years$5,788$4,046$2,767$1,858$1,229$608
33 years$5,552$3,832$2,584$1,708$1,112$535
34 years$5,329$3,632$2,414$1,572$1,007$471
35 years$5,120$3,445$2,257$1,447$912$415
36 years$4,924$3,270$2,111$1,333$826$366
37 years$4,738$3,105$1,976$1,228$749$323
38 years$4,562$2,951$1,850$1,132$679$284
39 years$4,396$2,806$1,734$1,043$616$251
40 years$4,238$2,670$1,625$962$559$221
41 years$4,089$2,542$1,524$888$507$195
42 years$3,947$2,420$1,429$819$460$172
43 years$3,812$2,306$1,341$756$417$152
44 years$3,683$2,198$1,259$698$379$134
45 years$3,561$2,096$1,182$645$344$118
46 years$3,444$2,000$1,110$596$312$104
47 years$3,333$1,908$1,043$550$283$92
48 years$3,226$1,822$980$509$257$81
49 years$3,124$1,740$921$470$234$72
50 years$3,027$1,662$866$435$212$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,100,000, adding $3,445 every year, while hoping to spend $52,917 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: 62/8/30 Blend
34$3,100,000$3,100,000$3,100,000$3,100,000
35$3,419,754$3,255,454$3,207,404$3,603,891
36$3,712,265$3,358,667$3,258,548$3,832,887
37$4,032,839$3,465,165$3,309,633$4,076,830
38$4,384,283$3,575,052$3,360,599$4,342,115
39$4,769,686$3,688,436$3,411,386$4,630,845
40$5,192,454$3,805,430$3,461,928$4,945,336
41$5,656,337$3,926,149$3,512,155$5,288,138
42$6,165,465$4,050,711$3,561,993$5,662,060
43$6,724,387$4,179,241$3,611,365$6,070,197
44$7,338,116$4,311,865$3,660,187$6,515,959
45$8,012,173$4,448,715$3,708,372$7,003,101
46$8,752,638$4,589,926$3,755,826$7,535,761
47$9,566,213$4,735,638$3,802,452$8,118,499
48$10,460,277$4,885,995$3,848,145$8,756,337
49$11,442,963$5,041,147$3,892,796$9,454,810
50$12,523,229$5,201,246$3,936,288$10,220,016
51$13,710,944$5,366,453$3,978,499$11,058,674
52$15,016,981$5,536,930$4,019,300$11,978,186
53$16,453,322$5,712,848$4,058,555$12,986,710
54$18,033,164$5,894,381$4,096,120$14,093,235
55$19,771,051$6,081,710$4,131,844$15,307,664
56$21,683,005$6,275,020$4,165,567$16,640,913
57$23,786,680$6,474,505$4,197,123$18,105,008
58$26,101,529$6,680,363$4,226,334$19,713,200
59$28,648,983$6,892,800$4,253,014$21,480,094
60$31,452,659$7,112,026$4,276,969$23,421,781
61$34,538,576$7,338,261$4,297,993$25,555,995
62$37,935,405$7,571,730$4,315,871$27,902,278
63$41,674,738$7,812,667$4,330,374$30,482,163
64$45,791,387$8,061,313$4,341,267$33,319,382
65$50,323,706$8,317,915$4,348,298$36,440,084
66$55,313,963$8,582,732$4,351,204$39,873,088
67$60,808,729$8,856,027$4,349,711$43,650,151
68$66,859,322$9,138,076$4,343,530$47,806,270
69$73,522,291$9,429,160$4,332,356$52,380,010
70$80,859,948$9,729,571$4,315,873$57,413,871
71$88,940,954$10,039,612$4,293,746$62,954,690
72$97,840,972$10,359,594$4,265,627$69,054,078
73$107,643,375$10,689,838$4,231,150$75,768,914
74$118,440,036$11,030,676$4,189,930$83,161,879
75$130,332,193$11,382,452$4,141,566$91,302,047
76$143,431,405$11,745,521$4,085,636$100,265,539
77$157,860,604$12,120,247$4,021,701$110,136,243
78$173,755,257$12,507,010$3,949,299$121,006,602
79$191,264,639$12,906,200$3,867,947$132,978,493
80$210,553,248$13,318,220$3,777,139$146,164,184
81$231,802,354$13,743,486$3,676,347$160,687,397
82$255,211,707$14,182,430$3,565,018$176,684,475
83$281,001,428$14,635,496$3,442,573$194,305,671
84$309,414,081$15,103,144$3,308,407$213,716,568
85$340,716,967$15,585,847$3,161,887$235,099,638
86$375,204,640$16,084,095$3,002,353$258,655,971
87$413,201,693$16,598,396$2,829,112$284,607,170
88$455,065,821$17,129,273$2,641,442$313,197,447
89$501,191,193$17,677,265$2,438,589$344,695,926
90$552,012,175$18,242,932$2,219,762$379,399,186
91$608,007,431$18,826,850$1,984,139$417,634,063
92$669,704,439$19,429,616$1,730,857$459,760,735
93$737,684,470$20,051,845$1,459,019$506,176,122
94$812,588,074$20,694,174$1,167,684$557,317,639
95$895,121,130$21,357,260$855,874$613,667,321
96$986,061,502$22,041,783$522,563$675,756,377
97$1,086,266,391$22,748,445$166,684$744,170,208
98$1,196,680,416$23,477,973$0$819,553,933
99$1,318,344,539$24,231,115$0$902,686,696
100$1,452,405,889$25,008,646$0$994,345,109