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%14.6%
1 years$183,326$181,693$180,099$178,544$177,026$173,665
2 years$90,755$89,065$87,427$85,839$84,298$80,925
3 years$59,902$58,205$56,571$54,998$53,482$50,202
4 years$44,479$42,787$41,169$39,623$38,144$34,982
5 years$35,228$33,545$31,949$30,434$28,996$25,962
6 years$29,062$27,392$25,820$24,338$22,944$20,040
7 years$24,659$23,004$21,456$20,010$18,660$15,887
8 years$21,359$19,719$18,197$16,786$15,480$12,838
9 years$18,794$17,169$15,673$14,298$13,036$10,524
10 years$16,742$15,133$13,664$12,325$11,108$8,722
11 years$15,065$13,472$12,029$10,726$9,553$7,291
12 years$13,669$12,092$10,676$9,408$8,278$6,138
13 years$12,488$10,928$9,538$8,306$7,219$5,195
14 years$11,477$9,933$8,570$7,373$6,328$4,418
15 years$10,601$9,074$7,738$6,576$5,572$3,772
16 years$9,835$8,325$7,015$5,888$4,924$3,230
17 years$9,161$7,667$6,384$5,290$4,366$2,773
18 years$8,562$7,085$5,827$4,768$3,882$2,387
19 years$8,026$6,566$5,335$4,308$3,460$2,058
20 years$7,545$6,102$4,896$3,902$3,091$1,777
21 years$7,110$5,683$4,503$3,541$2,766$1,537
22 years$6,715$5,305$4,150$3,220$2,479$1,331
23 years$6,356$4,962$3,832$2,932$2,226$1,154
24 years$6,026$4,649$3,544$2,674$2,000$1,001
25 years$5,724$4,363$3,283$2,442$1,800$869
26 years$5,445$4,100$3,044$2,233$1,621$755
27 years$5,187$3,859$2,827$2,044$1,462$656
28 years$4,948$3,636$2,628$1,873$1,319$571
29 years$4,726$3,430$2,446$1,717$1,191$497
30 years$4,519$3,240$2,278$1,576$1,076$432
31 years$4,326$3,062$2,124$1,448$973$376
32 years$4,145$2,898$1,982$1,330$880$328
33 years$3,976$2,744$1,850$1,223$797$286
34 years$3,817$2,601$1,729$1,126$721$249
35 years$3,667$2,467$1,616$1,036$653$217
36 years$3,526$2,341$1,512$954$592$189
37 years$3,393$2,224$1,415$879$536$165
38 years$3,267$2,113$1,325$810$486$144
39 years$3,148$2,010$1,242$747$441$125
40 years$3,035$1,912$1,164$689$400$109
41 years$2,928$1,820$1,091$636$363$95
42 years$2,826$1,733$1,024$587$329$83
43 years$2,730$1,652$960$542$299$73
44 years$2,638$1,574$902$500$271$63
45 years$2,550$1,501$847$462$246$55
46 years$2,466$1,432$795$427$224$48
47 years$2,387$1,367$747$394$203$42
48 years$2,310$1,305$702$364$184$37
49 years$2,237$1,246$660$337$167$32
50 years$2,167$1,190$620$311$152$28

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 $6,346 every year, while hoping to spend $20,642 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: 26/48/26 Blend
34$2,220,000$2,220,000$2,220,000$2,220,000
35$2,452,986$2,335,326$2,300,916$2,496,607
36$2,681,228$2,427,794$2,356,034$2,625,048
37$2,932,058$2,524,101$2,412,306$2,760,570
38$3,207,760$2,624,414$2,469,750$2,905,551
39$3,510,846$2,728,905$2,528,382$3,060,804
40$3,844,089$2,837,758$2,588,219$3,227,217
41$4,210,539$2,951,161$2,649,277$3,405,766
42$4,613,559$3,069,313$2,711,573$3,597,519
43$5,056,854$3,192,421$2,775,123$3,803,644
44$5,544,505$3,320,702$2,839,942$4,025,426
45$6,081,011$3,454,382$2,906,045$4,264,271
46$6,671,325$3,593,698$2,973,449$4,521,722
47$7,320,907$3,738,897$3,042,167$4,799,471
48$8,035,774$3,890,237$3,112,214$5,099,377
49$8,822,554$4,047,989$3,183,604$5,423,479
50$9,688,550$4,212,436$3,256,350$5,774,015
51$10,641,809$4,383,873$3,330,465$6,153,443
52$11,691,200$4,562,608$3,405,961$6,564,462
53$12,846,491$4,748,966$3,482,850$7,010,039
54$14,118,451$4,943,282$3,561,143$7,493,430
55$15,518,941$5,145,911$3,640,849$8,018,215
56$17,061,034$5,357,222$3,721,979$8,588,328
57$18,759,134$5,577,600$3,804,540$9,208,093
58$20,629,113$5,807,450$3,888,540$9,882,263
59$22,688,462$6,047,194$3,973,985$10,616,064
60$24,956,452$6,297,274$4,060,880$11,415,241
61$27,454,320$6,558,151$4,149,230$12,286,113
62$30,205,470$6,830,309$4,239,038$13,235,630
63$33,235,686$7,114,253$4,330,305$14,271,435
64$36,573,387$7,410,512$4,423,030$15,401,935
65$40,249,884$7,719,639$4,517,214$16,636,382
66$44,299,684$8,042,212$4,612,852$17,984,951
67$48,760,809$8,378,838$4,709,939$19,458,842
68$53,675,159$8,730,149$4,808,470$21,070,376
69$59,088,906$9,096,807$4,908,435$22,833,114
70$65,052,931$9,479,507$5,009,823$24,761,980
71$71,623,300$9,878,972$5,112,623$26,873,401
72$78,861,798$10,295,964$5,216,817$29,185,458
73$86,836,510$10,731,275$5,322,389$31,718,052
74$95,622,463$11,185,736$5,429,318$34,493,095
75$105,302,335$11,660,218$5,537,581$37,534,707
76$115,967,235$12,155,631$5,647,152$40,869,443
77$127,717,563$12,672,927$5,758,002$44,526,543
78$140,663,957$13,213,102$5,870,097$48,538,199
79$154,928,338$13,777,202$5,983,403$52,939,861
80$170,645,060$14,366,317$6,097,879$57,770,562
81$187,962,181$14,981,590$6,213,482$63,073,289
82$207,042,854$15,624,219$6,330,164$68,895,378
83$228,066,874$16,295,455$6,447,874$75,288,960
84$251,232,373$16,996,610$6,566,556$82,311,450
85$276,757,687$17,729,056$6,686,147$90,026,079
86$304,883,421$18,494,229$6,806,583$98,502,492
87$335,874,717$19,293,634$6,927,791$107,817,397
88$370,023,762$20,128,845$7,049,695$118,055,281
89$407,652,538$21,001,511$7,172,212$129,309,208
90$449,115,869$21,913,358$7,295,254$141,681,688
91$494,804,768$22,866,193$7,418,725$155,285,637
92$545,150,126$23,861,907$7,542,524$170,245,441
93$600,626,780$24,902,483$7,666,540$186,698,118
94$661,758,001$25,989,994$7,790,659$204,794,609
95$729,120,427$27,126,613$7,914,755$224,701,193
96$803,349,507$28,314,614$8,038,696$246,601,049
97$885,145,506$29,556,379$8,162,341$270,695,978
98$975,280,108$30,854,402$8,285,541$297,208,299
99$1,074,603,708$32,211,296$8,408,135$326,382,941
100$1,184,053,433$33,629,797$8,529,954$358,489,740