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%16.5%
1 years$183,326$181,693$180,099$178,544$177,026$172,327
2 years$90,755$89,065$87,427$85,839$84,298$79,597
3 years$59,902$58,205$56,571$54,998$53,482$48,926
4 years$44,479$42,787$41,169$39,623$38,144$33,767
5 years$35,228$33,545$31,949$30,434$28,996$24,811
6 years$29,062$27,392$25,820$24,338$22,944$18,955
7 years$24,659$23,004$21,456$20,010$18,660$14,867
8 years$21,359$19,719$18,197$16,786$15,480$11,881
9 years$18,794$17,169$15,673$14,298$13,036$9,629
10 years$16,742$15,133$13,664$12,325$11,108$7,887
11 years$15,065$13,472$12,029$10,726$9,553$6,514
12 years$13,669$12,092$10,676$9,408$8,278$5,416
13 years$12,488$10,928$9,538$8,306$7,219$4,526
14 years$11,477$9,933$8,570$7,373$6,328$3,800
15 years$10,601$9,074$7,738$6,576$5,572$3,201
16 years$9,835$8,325$7,015$5,888$4,924$2,704
17 years$9,161$7,667$6,384$5,290$4,366$2,291
18 years$8,562$7,085$5,827$4,768$3,882$1,944
19 years$8,026$6,566$5,335$4,308$3,460$1,653
20 years$7,545$6,102$4,896$3,902$3,091$1,407
21 years$7,110$5,683$4,503$3,541$2,766$1,199
22 years$6,715$5,305$4,150$3,220$2,479$1,023
23 years$6,356$4,962$3,832$2,932$2,226$874
24 years$6,026$4,649$3,544$2,674$2,000$747
25 years$5,724$4,363$3,283$2,442$1,800$639
26 years$5,445$4,100$3,044$2,233$1,621$547
27 years$5,187$3,859$2,827$2,044$1,462$468
28 years$4,948$3,636$2,628$1,873$1,319$401
29 years$4,726$3,430$2,446$1,717$1,191$343
30 years$4,519$3,240$2,278$1,576$1,076$294
31 years$4,326$3,062$2,124$1,448$973$252
32 years$4,145$2,898$1,982$1,330$880$216
33 years$3,976$2,744$1,850$1,223$797$185
34 years$3,817$2,601$1,729$1,126$721$159
35 years$3,667$2,467$1,616$1,036$653$136
36 years$3,526$2,341$1,512$954$592$117
37 years$3,393$2,224$1,415$879$536$100
38 years$3,267$2,113$1,325$810$486$86
39 years$3,148$2,010$1,242$747$441$74
40 years$3,035$1,912$1,164$689$400$63
41 years$2,928$1,820$1,091$636$363$54
42 years$2,826$1,733$1,024$587$329$47
43 years$2,730$1,652$960$542$299$40
44 years$2,638$1,574$902$500$271$34
45 years$2,550$1,501$847$462$246$29
46 years$2,466$1,432$795$427$224$25
47 years$2,387$1,367$747$394$203$22
48 years$2,310$1,305$702$364$184$19
49 years$2,237$1,246$660$337$167$16
50 years$2,167$1,190$620$311$152$14

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 $2,639 every year, while hoping to spend $37,896 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: 27/46/27 Blend
34$2,220,000$2,220,000$2,220,000$2,220,000
35$2,449,162$2,331,502$2,297,092$2,494,598
36$2,658,656$2,405,425$2,333,724$2,605,368
37$2,888,247$2,481,699$2,370,312$2,720,771
38$3,139,947$2,560,401$2,406,816$2,843,903
39$3,415,969$2,641,608$2,443,192$2,975,446
40$3,718,751$2,725,400$2,479,392$3,116,153
41$4,050,980$2,811,861$2,515,368$3,266,848
42$4,415,612$2,901,074$2,551,065$3,428,439
43$4,815,907$2,993,129$2,586,428$3,601,921
44$5,255,454$3,088,117$2,621,398$3,788,391
45$5,738,206$3,186,131$2,655,911$3,989,052
46$6,268,521$3,287,269$2,689,901$4,205,229
47$6,851,196$3,391,631$2,723,299$4,438,379
48$7,491,517$3,499,320$2,756,028$4,690,103
49$8,195,308$3,610,443$2,788,012$4,962,164
50$8,968,985$3,725,110$2,819,166$5,256,501
51$9,819,616$3,843,435$2,849,402$5,575,247
52$10,754,989$3,965,536$2,878,630$5,920,752
53$11,783,684$4,091,533$2,906,750$6,295,599
54$12,915,154$4,221,553$2,933,660$6,702,633
55$14,159,814$4,355,723$2,959,252$7,144,984
56$15,529,141$4,494,179$2,983,412$7,626,101
57$17,035,776$4,637,057$3,006,020$8,149,778
58$18,693,653$4,784,500$3,026,949$8,720,193
59$20,518,119$4,936,655$3,046,066$9,341,949
60$22,526,090$5,093,673$3,063,232$10,020,112
61$24,736,200$5,255,712$3,078,298$10,760,260
62$27,168,983$5,422,933$3,091,112$11,568,540
63$29,847,065$5,595,502$3,101,511$12,451,718
64$32,795,378$5,773,594$3,109,323$13,417,249
65$36,041,391$5,957,385$3,114,370$14,473,342
66$39,615,376$6,147,059$3,116,465$15,629,040
67$43,550,687$6,342,808$3,115,408$16,894,304
68$47,884,077$6,544,826$3,110,995$18,280,108
69$52,656,047$6,753,316$3,103,007$19,798,538
70$57,911,223$6,968,488$3,091,217$21,462,911
71$63,698,781$7,190,557$3,075,387$23,287,897
72$70,072,910$7,419,748$3,055,265$25,289,656
73$77,093,321$7,656,289$3,030,590$27,485,994
74$84,825,812$7,900,420$3,001,088$29,896,526
75$93,342,890$8,152,385$2,966,469$32,542,865
76$102,724,452$8,412,440$2,926,433$35,448,822
77$113,058,542$8,680,846$2,880,665$38,640,632
78$124,442,180$8,957,873$2,828,834$42,147,201
79$136,982,276$9,243,803$2,770,594$46,000,378
80$150,796,643$9,538,924$2,705,583$50,235,256
81$166,015,103$9,843,534$2,633,422$54,890,501
82$182,780,718$10,157,941$2,553,717$60,008,718
83$201,251,136$10,482,465$2,466,051$65,636,852
84$221,600,080$10,817,435$2,369,992$71,826,631
85$244,018,989$11,163,189$2,265,087$78,635,054
86$268,718,821$11,520,081$2,150,863$86,124,925
87$295,932,048$11,888,472$2,026,824$94,365,453
88$325,914,846$12,268,736$1,892,452$103,432,898
89$358,949,519$12,661,263$1,747,207$113,411,291
90$395,347,156$13,066,451$1,590,525$124,393,230
91$435,450,572$13,484,714$1,421,814$136,480,753
92$479,637,545$13,916,479$1,240,459$149,786,295
93$528,324,375$14,362,187$1,045,816$164,433,759
94$581,969,822$14,822,295$837,211$180,559,676
95$641,079,430$15,297,273$613,944$198,314,497
96$706,210,302$15,787,610$375,281$217,864,014
97$777,976,357$16,293,806$120,456$239,390,921
98$857,054,126$16,816,384$0$263,096,543
99$944,189,140$17,355,879$0$289,246,374
100$1,040,202,963$17,912,848$0$318,081,115