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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.5%
1 years$183,326$181,693$180,099$178,544$177,026$173,028
2 years$90,755$89,065$87,427$85,839$84,298$80,291
3 years$59,902$58,205$56,571$54,998$53,482$49,592
4 years$44,479$42,787$41,169$39,623$38,144$34,400
5 years$35,228$33,545$31,949$30,434$28,996$25,410
6 years$29,062$27,392$25,820$24,338$22,944$19,518
7 years$24,659$23,004$21,456$20,010$18,660$15,395
8 years$21,359$19,719$18,197$16,786$15,480$12,376
9 years$18,794$17,169$15,673$14,298$13,036$10,090
10 years$16,742$15,133$13,664$12,325$11,108$8,316
11 years$15,065$13,472$12,029$10,726$9,553$6,913
12 years$13,669$12,092$10,676$9,408$8,278$5,785
13 years$12,488$10,928$9,538$8,306$7,219$4,868
14 years$11,477$9,933$8,570$7,373$6,328$4,114
15 years$10,601$9,074$7,738$6,576$5,572$3,490
16 years$9,835$8,325$7,015$5,888$4,924$2,970
17 years$9,161$7,667$6,384$5,290$4,366$2,534
18 years$8,562$7,085$5,827$4,768$3,882$2,166
19 years$8,026$6,566$5,335$4,308$3,460$1,855
20 years$7,545$6,102$4,896$3,902$3,091$1,592
21 years$7,110$5,683$4,503$3,541$2,766$1,367
22 years$6,715$5,305$4,150$3,220$2,479$1,176
23 years$6,356$4,962$3,832$2,932$2,226$1,012
24 years$6,026$4,649$3,544$2,674$2,000$872
25 years$5,724$4,363$3,283$2,442$1,800$751
26 years$5,445$4,100$3,044$2,233$1,621$648
27 years$5,187$3,859$2,827$2,044$1,462$559
28 years$4,948$3,636$2,628$1,873$1,319$483
29 years$4,726$3,430$2,446$1,717$1,191$417
30 years$4,519$3,240$2,278$1,576$1,076$360
31 years$4,326$3,062$2,124$1,448$973$311
32 years$4,145$2,898$1,982$1,330$880$269
33 years$3,976$2,744$1,850$1,223$797$233
34 years$3,817$2,601$1,729$1,126$721$201
35 years$3,667$2,467$1,616$1,036$653$174
36 years$3,526$2,341$1,512$954$592$151
37 years$3,393$2,224$1,415$879$536$130
38 years$3,267$2,113$1,325$810$486$113
39 years$3,148$2,010$1,242$747$441$98
40 years$3,035$1,912$1,164$689$400$84
41 years$2,928$1,820$1,091$636$363$73
42 years$2,826$1,733$1,024$587$329$63
43 years$2,730$1,652$960$542$299$55
44 years$2,638$1,574$902$500$271$47
45 years$2,550$1,501$847$462$246$41
46 years$2,466$1,432$795$427$224$36
47 years$2,387$1,367$747$394$203$31
48 years$2,310$1,305$702$364$184$27
49 years$2,237$1,246$660$337$167$23
50 years$2,167$1,190$620$311$152$20

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 $3,857 every year, while hoping to spend $25,295 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: 80/5/15 Blend
34$2,220,000$2,220,000$2,220,000$2,220,000
35$2,450,418$2,332,758$2,298,348$2,638,589
36$2,673,447$2,420,150$2,348,429$2,850,311
37$2,918,378$2,510,976$2,399,340$3,078,973
38$3,187,416$2,605,378$2,451,082$3,329,208
39$3,482,995$2,703,503$2,503,656$3,603,167
40$3,807,792$2,805,506$2,557,060$3,903,220
41$4,164,758$2,911,548$2,611,293$4,231,977
42$4,557,146$3,021,796$2,666,353$4,592,312
43$4,988,535$3,136,424$2,722,237$4,987,391
44$5,462,873$3,255,617$2,778,939$5,420,703
45$5,984,507$3,379,563$2,836,454$5,896,090
46$6,558,226$3,508,461$2,894,775$6,417,783
47$7,189,310$3,642,520$2,953,894$6,990,445
48$7,883,571$3,781,955$3,013,801$7,619,212
49$8,647,416$3,926,992$3,074,485$8,309,743
50$9,487,906$4,077,867$3,135,933$9,068,271
51$10,412,816$4,234,827$3,198,131$9,901,663
52$11,430,717$4,398,127$3,261,062$10,817,486
53$12,551,052$4,568,037$3,324,710$11,824,076
54$13,784,224$4,744,836$3,389,052$12,930,616
55$15,141,699$4,928,817$3,454,069$14,147,227
56$16,636,108$5,120,284$3,519,736$15,485,056
57$18,281,369$5,319,557$3,586,026$16,956,388
58$20,092,822$5,526,968$3,652,911$18,574,757
59$22,087,365$5,742,865$3,720,359$20,355,076
60$24,283,622$5,967,611$3,788,336$22,313,776
61$26,702,112$6,201,585$3,856,806$24,468,962
62$29,365,448$6,445,183$3,925,730$26,840,584
63$32,298,545$6,698,818$3,995,063$29,450,623
64$35,528,859$6,962,922$4,064,760$32,323,300
65$39,086,645$7,237,948$4,134,771$35,485,302
66$43,005,241$7,524,365$4,205,045$38,966,039
67$47,321,384$7,822,668$4,275,522$42,797,914
68$52,075,556$8,133,370$4,346,144$47,016,634
69$57,312,367$8,457,009$4,416,843$51,661,546
70$63,080,974$8,794,148$4,487,553$56,776,004
71$69,435,544$9,145,372$4,558,197$62,407,783
72$76,435,771$9,511,297$4,628,698$68,609,529
73$84,147,432$9,892,562$4,698,971$75,439,251
74$92,643,011$10,289,839$4,768,928$82,960,874
75$102,002,384$10,703,827$4,838,473$91,244,838
76$112,313,572$11,135,259$4,907,506$100,368,764
77$123,673,569$11,584,900$4,975,921$110,418,189
78$136,189,263$12,053,550$5,043,604$121,487,367
79$149,978,438$12,542,044$5,110,435$133,680,164
80$165,170,893$13,051,258$5,176,289$147,111,035
81$181,909,659$13,582,105$5,241,029$161,906,107
82$200,352,357$14,135,541$5,304,516$178,204,364
83$220,672,679$14,712,564$5,366,599$196,158,963
84$243,062,031$15,314,219$5,427,120$215,938,680
85$267,731,342$15,941,599$5,485,911$237,729,499
86$294,913,046$16,595,845$5,542,797$261,736,369
87$324,863,288$17,278,152$5,597,592$288,185,139
88$357,864,331$17,989,769$5,650,099$317,324,690
89$394,227,227$18,732,003$5,700,112$349,429,282
90$434,294,752$19,506,219$5,747,414$384,801,144
91$478,444,640$20,313,846$5,791,775$423,773,325
92$527,093,149$21,156,380$5,832,955$466,712,841
93$580,698,991$22,035,384$5,870,699$514,024,135
94$639,767,662$22,952,492$5,904,742$566,152,898
95$704,856,216$23,909,416$5,934,803$623,590,274
96$776,578,518$24,907,945$5,960,587$686,877,496
97$855,611,044$25,949,951$5,981,784$756,610,995
98$942,699,265$27,037,394$5,998,068$833,448,033
99$1,038,664,686$28,172,322$6,009,099$918,112,902
100$1,144,412,597$29,356,880$6,014,518$1,011,403,763