Can I retire at age 35 with 3,400,000?

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 $3,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$280,769$278,268$275,828$273,446$271,121$264,245
2 years$138,994$136,406$133,897$131,465$129,105$122,222
3 years$91,743$89,143$86,640$84,231$81,910$75,235
4 years$68,121$65,529$63,052$60,683$58,419$52,004
5 years$53,952$51,376$48,931$46,611$44,409$38,272
6 years$44,509$41,952$39,543$37,275$35,139$29,286
7 years$37,767$35,231$32,861$30,646$28,578$23,009
8 years$32,712$30,200$27,869$25,708$23,708$18,421
9 years$28,783$26,294$24,003$21,897$19,965$14,955
10 years$25,642$23,177$20,926$18,876$17,012$12,273
11 years$23,073$20,633$18,423$16,428$14,631$10,156
12 years$20,934$18,519$16,350$14,409$12,679$8,460
13 years$19,126$16,736$14,608$12,721$11,056$7,085
14 years$17,577$15,213$13,125$11,292$9,692$5,960
15 years$16,236$13,897$11,850$10,071$8,533$5,031
16 years$15,063$12,750$10,744$9,017$7,542$4,260
17 years$14,030$11,742$9,777$8,102$6,687$3,616
18 years$13,112$10,851$8,925$7,302$5,946$3,076
19 years$12,293$10,056$8,170$6,598$5,300$2,621
20 years$11,556$9,345$7,498$5,975$4,734$2,236
21 years$10,890$8,704$6,897$5,423$4,236$1,911
22 years$10,285$8,125$6,357$4,931$3,797$1,634
23 years$9,734$7,599$5,869$4,491$3,408$1,399
24 years$9,229$7,120$5,428$4,096$3,064$1,198
25 years$8,766$6,682$5,027$3,740$2,757$1,027
26 years$8,339$6,280$4,663$3,420$2,483$881
27 years$7,944$5,910$4,330$3,130$2,239$756
28 years$7,578$5,569$4,025$2,868$2,020$649
29 years$7,238$5,254$3,746$2,630$1,824$557
30 years$6,921$4,962$3,489$2,414$1,648$479
31 years$6,625$4,690$3,253$2,217$1,490$411
32 years$6,348$4,438$3,035$2,037$1,348$354
33 years$6,089$4,203$2,834$1,874$1,220$304
34 years$5,845$3,983$2,648$1,724$1,104$261
35 years$5,616$3,778$2,475$1,587$1,000$225
36 years$5,400$3,586$2,316$1,461$906$193
37 years$5,196$3,406$2,167$1,347$821$166
38 years$5,003$3,237$2,030$1,241$745$143
39 years$4,821$3,078$1,901$1,144$675$123
40 years$4,648$2,928$1,782$1,056$613$106
41 years$4,484$2,788$1,671$974$556$91
42 years$4,329$2,655$1,568$899$504$78
43 years$4,181$2,529$1,471$830$458$67
44 years$4,040$2,411$1,381$766$415$58
45 years$3,905$2,299$1,297$707$377$50
46 years$3,777$2,193$1,218$654$342$43
47 years$3,655$2,093$1,144$604$311$37
48 years$3,538$1,998$1,075$558$282$32
49 years$3,426$1,908$1,011$516$256$27
50 years$3,320$1,823$950$477$233$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $3,400,000, adding $6,330 every year, while hoping to spend $59,423 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: 55/29/16 Blend
34$3,400,000$3,400,000$3,400,000$3,400,000
35$3,753,329$3,573,129$3,520,429$3,943,519
36$4,072,943$3,684,987$3,575,138$4,185,590
37$4,423,166$3,800,334$3,629,688$4,442,121
38$4,807,058$3,919,279$3,684,011$4,720,120
39$5,227,987$4,041,933$3,738,035$5,021,652
40$5,689,665$4,168,411$3,791,683$5,348,987
41$6,196,180$4,298,833$3,844,873$5,704,628
42$6,752,034$4,433,319$3,897,519$6,091,324
43$7,362,185$4,571,996$3,949,531$6,512,106
44$8,032,098$4,714,993$4,000,810$6,970,308
45$8,767,790$4,862,445$4,051,254$7,469,602
46$9,575,889$5,014,489$4,100,756$8,014,029
47$10,463,698$5,171,268$4,149,200$8,608,040
48$11,439,263$5,332,928$4,196,465$9,256,536
49$12,511,445$5,499,619$4,242,425$9,964,913
50$13,690,010$5,671,497$4,286,943$10,739,116
51$14,985,713$5,848,723$4,329,878$11,585,688
52$16,410,408$6,031,462$4,371,081$12,511,839
53$17,977,149$6,219,884$4,410,392$13,525,509
54$19,700,324$6,414,164$4,447,646$14,635,443
55$21,595,783$6,614,484$4,482,667$15,851,274
56$23,680,988$6,821,028$4,515,272$17,183,613
57$25,975,180$7,033,991$4,545,265$18,644,148
58$28,499,560$7,253,568$4,572,443$20,245,756
59$31,277,487$7,479,964$4,596,592$22,002,621
60$34,334,698$7,713,390$4,617,485$23,930,369
61$37,699,552$7,954,061$4,634,885$26,046,216
62$41,403,297$8,202,200$4,648,544$28,369,128
63$45,480,363$8,458,037$4,658,200$30,920,000
64$49,968,688$8,721,810$4,663,578$33,721,854
65$54,910,076$8,993,760$4,664,390$36,800,053
66$60,350,591$9,274,141$4,660,334$40,182,543
67$66,340,987$9,563,211$4,651,092$43,900,114
68$72,937,196$9,861,236$4,636,331$47,986,692
69$80,200,844$10,168,491$4,615,703$52,479,655
70$88,199,843$10,485,259$4,588,841$57,420,190
71$97,009,023$10,811,833$4,555,363$62,853,677
72$106,710,841$11,148,511$4,514,866$68,830,120
73$117,396,163$11,495,604$4,466,930$75,404,616
74$129,165,113$11,853,430$4,411,114$82,637,876
75$142,128,025$12,222,318$4,346,956$90,596,797
76$156,406,477$12,602,606$4,273,973$99,355,091
77$172,134,446$12,994,641$4,191,659$108,993,983
78$189,459,564$13,398,783$4,099,484$119,602,977
79$208,544,517$13,815,402$3,996,895$131,280,697
80$229,568,579$14,244,877$3,883,311$144,135,821
81$252,729,298$14,687,601$3,758,127$158,288,103
82$278,244,371$15,143,977$3,620,708$173,869,508
83$306,353,686$15,614,421$3,470,391$191,025,449
84$337,321,595$16,099,361$3,306,483$209,916,166
85$371,439,406$16,599,238$3,128,258$230,718,235
86$409,028,131$17,114,506$2,934,960$253,626,235
87$450,441,515$17,645,631$2,725,796$278,854,585
88$496,069,379$18,193,097$2,499,939$306,639,563
89$546,341,294$18,757,397$2,256,526$337,241,541
90$601,730,638$19,339,042$1,994,652$370,947,442
91$662,759,066$19,938,558$1,713,376$408,073,443
92$730,001,428$20,556,484$1,411,711$448,967,965
93$804,091,201$21,193,379$1,088,630$494,014,957
94$885,726,464$21,849,815$743,060$543,637,523
95$975,676,489$22,526,382$373,878$598,301,915
96$1,074,789,004$23,223,687$0$658,521,931
97$1,183,998,191$23,942,356$0$724,867,201
98$1,304,333,507$24,683,033$0$798,026,573
99$1,436,929,401$25,446,378$0$878,623,940
100$1,583,036,024$26,233,075$0$967,417,225