Can I retire at age 35 with 2,220,000?

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 $2,220,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$183,326$181,693$180,099$178,544$177,026$176,280
2 years$90,755$89,065$87,427$85,839$84,298$83,545
3 years$59,902$58,205$56,571$54,998$53,482$52,745
4 years$44,479$42,787$41,169$39,623$38,144$37,429
5 years$35,228$33,545$31,949$30,434$28,996$28,305
6 years$29,062$27,392$25,820$24,338$22,944$22,278
7 years$24,659$23,004$21,456$20,010$18,660$18,019
8 years$21,359$19,719$18,197$16,786$15,480$14,864
9 years$18,794$17,169$15,673$14,298$13,036$12,446
10 years$16,742$15,133$13,664$12,325$11,108$10,542
11 years$15,065$13,472$12,029$10,726$9,553$9,012
12 years$13,669$12,092$10,676$9,408$8,278$7,761
13 years$12,488$10,928$9,538$8,306$7,219$6,725
14 years$11,477$9,933$8,570$7,373$6,328$5,857
15 years$10,601$9,074$7,738$6,576$5,572$5,124
16 years$9,835$8,325$7,015$5,888$4,924$4,498
17 years$9,161$7,667$6,384$5,290$4,366$3,961
18 years$8,562$7,085$5,827$4,768$3,882$3,498
19 years$8,026$6,566$5,335$4,308$3,460$3,096
20 years$7,545$6,102$4,896$3,902$3,091$2,746
21 years$7,110$5,683$4,503$3,541$2,766$2,439
22 years$6,715$5,305$4,150$3,220$2,479$2,171
23 years$6,356$4,962$3,832$2,932$2,226$1,934
24 years$6,026$4,649$3,544$2,674$2,000$1,725
25 years$5,724$4,363$3,283$2,442$1,800$1,541
26 years$5,445$4,100$3,044$2,233$1,621$1,377
27 years$5,187$3,859$2,827$2,044$1,462$1,232
28 years$4,948$3,636$2,628$1,873$1,319$1,103
29 years$4,726$3,430$2,446$1,717$1,191$988
30 years$4,519$3,240$2,278$1,576$1,076$886
31 years$4,326$3,062$2,124$1,448$973$794
32 years$4,145$2,898$1,982$1,330$880$713
33 years$3,976$2,744$1,850$1,223$797$640
34 years$3,817$2,601$1,729$1,126$721$575
35 years$3,667$2,467$1,616$1,036$653$516
36 years$3,526$2,341$1,512$954$592$464
37 years$3,393$2,224$1,415$879$536$417
38 years$3,267$2,113$1,325$810$486$375
39 years$3,148$2,010$1,242$747$441$337
40 years$3,035$1,912$1,164$689$400$303
41 years$2,928$1,820$1,091$636$363$273
42 years$2,826$1,733$1,024$587$329$245
43 years$2,730$1,652$960$542$299$221
44 years$2,638$1,574$902$500$271$199
45 years$2,550$1,501$847$462$246$179
46 years$2,466$1,432$795$427$224$161
47 years$2,387$1,367$747$394$203$145
48 years$2,310$1,305$702$364$184$130
49 years$2,237$1,246$660$337$167$117
50 years$2,167$1,190$620$311$152$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,220,000, adding $5,277 every year, while hoping to spend $27,586 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: 40/40/20 Blend
34$2,220,000$2,220,000$2,220,000$2,220,000
35$2,451,883$2,334,223$2,299,813$2,535,236
36$2,672,624$2,419,249$2,347,506$2,680,408
37$2,914,956$2,507,516$2,395,871$2,834,324
38$3,181,052$2,599,155$2,444,903$3,000,270
39$3,473,306$2,694,300$2,494,594$3,179,356
40$3,794,355$2,793,093$2,544,935$3,372,801
41$4,147,104$2,895,680$2,595,916$3,581,947
42$4,534,755$3,002,214$2,647,525$3,808,265
43$4,960,832$3,112,854$2,699,749$4,053,373
44$5,429,220$3,227,767$2,752,574$4,319,052
45$5,944,199$3,347,126$2,805,983$4,607,257
46$6,510,483$3,471,112$2,859,960$4,920,139
47$7,133,268$3,599,912$2,914,484$5,260,061
48$7,818,276$3,733,722$2,969,534$5,629,626
49$8,571,813$3,872,748$3,025,087$6,031,693
50$9,400,828$4,017,202$3,081,117$6,469,410
51$10,312,975$4,167,308$3,137,597$6,946,239
52$11,316,689$4,323,296$3,194,497$7,465,989
53$12,421,263$4,485,409$3,251,784$8,032,851
54$13,636,937$4,653,899$3,309,424$8,651,438
55$14,974,994$4,829,030$3,367,379$9,326,826
56$16,447,866$5,011,075$3,425,609$10,064,602
57$18,069,252$5,200,321$3,484,070$10,870,916
58$19,854,245$5,397,067$3,542,717$11,752,537
59$21,819,479$5,601,625$3,601,499$12,716,917
60$23,983,281$5,814,318$3,660,363$13,772,261
61$26,365,843$6,035,488$3,719,253$14,927,600
62$28,989,420$6,265,487$3,778,109$16,192,881
63$31,878,530$6,504,686$3,836,865$17,579,052
64$35,060,193$6,753,469$3,895,453$19,098,172
65$38,564,183$7,012,239$3,953,801$20,763,519
66$42,423,308$7,281,416$4,011,831$22,589,715
67$46,673,718$7,561,439$4,069,461$24,592,863
68$51,355,253$7,852,764$4,126,603$26,790,697
69$56,511,809$8,155,870$4,183,165$29,202,749
70$62,191,761$8,471,256$4,239,048$31,850,532
71$68,448,415$8,799,441$4,294,151$34,757,739
72$75,340,510$9,140,970$4,348,361$37,950,469
73$82,932,774$9,496,410$4,401,564$41,457,468
74$91,296,537$9,866,354$4,453,636$45,310,402
75$100,510,399$10,251,421$4,504,448$49,544,151
76$110,660,976$10,652,257$4,553,863$54,197,138
77$121,843,715$11,069,537$4,601,737$59,311,691
78$134,163,796$11,503,966$4,647,917$64,934,436
79$147,737,124$11,956,282$4,692,243$71,116,740
80$162,691,423$12,427,252$4,734,546$77,915,194
81$179,167,442$12,917,680$4,774,647$85,392,138
82$197,320,281$13,428,407$4,812,358$93,616,256
83$217,320,860$13,960,309$4,847,481$102,663,216
84$239,357,526$14,514,302$4,879,810$112,616,382
85$263,637,834$15,091,344$4,909,125$123,567,603
86$290,390,508$15,692,435$4,935,196$135,618,072
87$319,867,596$16,318,620$4,957,781$148,879,281
88$352,346,850$16,970,992$4,976,626$163,474,068
89$388,134,351$17,650,692$4,991,464$179,537,779
90$427,567,392$18,358,913$5,002,015$197,219,535
91$471,017,668$19,096,902$5,007,985$216,683,642
92$518,894,782$19,865,963$5,009,065$238,111,136
93$571,650,111$20,667,456$5,004,930$261,701,490
94$629,781,068$21,502,807$4,995,240$287,674,489
95$693,835,796$22,373,503$4,979,640$316,272,308
96$764,418,343$23,281,101$4,957,753$347,761,785
97$842,194,366$24,227,227$4,929,190$382,436,945
98$927,897,411$25,213,581$4,893,538$420,621,764
99$1,022,335,843$26,241,942$4,850,368$462,673,226
100$1,126,400,471$27,314,170$4,799,227$508,984,688