Can I retire at age 35 with 2,230,000?

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 $2,230,000?

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%
1 years$184,151$182,511$180,911$179,349$177,823$177,000
2 years$91,164$89,466$87,821$86,225$84,678$83,846
3 years$60,172$58,467$56,826$55,245$53,723$52,910
4 years$44,679$42,980$41,355$39,801$38,316$37,527
5 years$35,386$33,696$32,093$30,571$29,127$28,364
6 years$29,193$27,516$25,936$24,448$23,047$22,312
7 years$24,771$23,108$21,553$20,100$18,744$18,037
8 years$21,455$19,808$18,278$16,861$15,550$14,871
9 years$18,878$17,246$15,743$14,362$13,095$12,444
10 years$16,818$15,202$13,725$12,380$11,158$10,534
11 years$15,133$13,533$12,084$10,775$9,596$8,999
12 years$13,730$12,147$10,724$9,451$8,316$7,746
13 years$12,544$10,977$9,581$8,344$7,251$6,708
14 years$11,528$9,978$8,609$7,407$6,357$5,838
15 years$10,649$9,115$7,772$6,605$5,597$5,104
16 years$9,880$8,363$7,047$5,914$4,946$4,477
17 years$9,202$7,702$6,412$5,314$4,386$3,940
18 years$8,600$7,117$5,854$4,789$3,900$3,477
19 years$8,062$6,596$5,359$4,327$3,476$3,075
20 years$7,579$6,129$4,918$3,919$3,105$2,725
21 years$7,142$5,709$4,524$3,557$2,778$2,420
22 years$6,746$5,329$4,169$3,234$2,490$2,151
23 years$6,384$4,984$3,850$2,945$2,236$1,915
24 years$6,053$4,670$3,560$2,686$2,009$1,707
25 years$5,749$4,382$3,297$2,453$1,808$1,524
26 years$5,469$4,119$3,058$2,243$1,629$1,361
27 years$5,210$3,876$2,840$2,053$1,468$1,216
28 years$4,970$3,653$2,640$1,881$1,325$1,088
29 years$4,747$3,446$2,457$1,725$1,196$974
30 years$4,539$3,254$2,288$1,583$1,081$872
31 years$4,345$3,076$2,133$1,454$977$782
32 years$4,164$2,911$1,990$1,336$884$701
33 years$3,994$2,757$1,858$1,229$800$629
34 years$3,834$2,613$1,736$1,131$724$564
35 years$3,683$2,478$1,623$1,041$656$506
36 years$3,542$2,352$1,519$959$594$454
37 years$3,408$2,234$1,421$883$539$408
38 years$3,282$2,123$1,331$814$488$367
39 years$3,162$2,019$1,247$751$443$329
40 years$3,049$1,921$1,169$692$402$296
41 years$2,941$1,828$1,096$639$365$266
42 years$2,839$1,741$1,028$589$331$239
43 years$2,742$1,659$965$544$300$215
44 years$2,650$1,581$906$502$272$193
45 years$2,561$1,508$850$464$247$174
46 years$2,477$1,439$799$429$225$156
47 years$2,397$1,373$750$396$204$141
48 years$2,321$1,311$705$366$185$126
49 years$2,247$1,252$663$338$168$114
50 years$2,177$1,195$623$313$153$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,230,000, adding $5,404 every year, while hoping to spend $35,653 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: 43/40/17 Blend
34$2,230,000$2,230,000$2,230,000$2,230,000
35$2,463,034$2,344,844$2,310,279$2,556,549
36$2,676,329$2,421,807$2,349,739$2,699,856
37$2,910,185$2,501,346$2,389,326$2,851,084
38$3,166,662$2,583,550$2,429,006$3,014,168
39$3,448,028$2,668,511$2,468,745$3,190,215
40$3,756,782$2,756,323$2,508,503$3,380,443
41$4,095,676$2,847,085$2,548,240$3,586,190
42$4,467,742$2,940,899$2,587,913$3,808,929
43$4,876,320$3,037,871$2,627,475$4,050,277
44$5,325,087$3,138,109$2,666,879$4,312,016
45$5,818,098$3,241,728$2,706,071$4,596,104
46$6,359,816$3,348,845$2,744,996$4,904,697
47$6,955,159$3,459,581$2,783,596$5,240,166
48$7,609,547$3,574,062$2,821,808$5,605,120
49$8,328,949$3,692,419$2,859,567$6,002,432
50$9,119,941$3,814,787$2,896,802$6,435,263
51$9,989,770$3,941,306$2,933,439$6,907,093
52$10,946,419$4,072,123$2,969,402$7,421,751
53$11,998,683$4,207,386$3,004,606$7,983,454
54$13,156,254$4,347,253$3,038,966$8,596,846
55$14,429,809$4,491,885$3,072,388$9,267,036
56$15,831,112$4,641,450$3,104,775$9,999,655
57$17,373,126$4,796,122$3,136,026$10,800,898
58$19,070,134$4,956,081$3,166,032$11,677,591
59$20,937,872$5,121,513$3,194,679$12,637,250
60$22,993,681$5,292,614$3,221,846$13,688,151
61$25,256,667$5,469,583$3,247,409$14,839,411
62$27,747,884$5,652,628$3,271,233$16,101,070
63$30,490,527$5,841,967$3,293,179$17,484,186
64$33,510,160$6,037,822$3,313,100$19,000,941
65$36,834,948$6,240,427$3,330,840$20,664,752
66$40,495,927$6,450,022$3,346,237$22,490,398
67$44,527,295$6,666,857$3,359,120$24,494,159
68$48,966,738$6,891,192$3,369,310$26,693,971
69$53,855,781$7,123,295$3,376,617$29,109,590
70$59,240,181$7,363,447$3,380,844$31,762,782
71$65,170,359$7,611,936$3,381,782$34,677,524
72$71,701,877$7,869,062$3,379,213$37,880,233
73$78,895,961$8,135,138$3,372,909$41,400,012
74$86,820,077$8,410,488$3,362,629$45,268,924
75$95,548,569$8,695,447$3,348,122$49,522,296
76$105,163,362$8,990,363$3,329,123$54,199,048
77$115,754,733$9,295,598$3,305,357$59,342,062
78$127,422,162$9,611,528$3,276,532$64,998,584
79$140,275,272$9,938,543$3,242,346$71,220,672
80$154,434,866$10,277,048$3,202,480$78,065,683
81$170,034,060$10,627,461$3,156,602$85,596,814
82$187,219,548$10,990,221$3,104,361$93,883,698
83$206,152,980$11,365,779$3,045,395$103,003,062
84$227,012,487$11,754,606$2,979,319$113,039,446
85$249,994,370$12,157,190$2,905,735$124,086,003
86$275,314,943$12,574,040$2,824,225$136,245,377
87$303,212,580$13,005,681$2,734,349$149,630,667
88$333,949,965$13,452,661$2,635,652$164,366,498
89$367,816,569$13,915,549$2,527,654$180,590,194
90$405,131,383$14,394,935$2,409,854$198,453,073
91$446,245,930$14,891,433$2,281,730$218,121,874
92$491,547,583$15,405,681$2,142,736$239,780,327
93$541,463,217$15,938,340$1,992,299$263,630,892
94$596,463,247$16,490,100$1,829,822$289,896,662
95$657,066,059$17,061,676$1,654,682$318,823,472
96$723,842,910$17,653,811$1,466,227$350,682,215
97$797,423,317$18,267,279$1,263,776$385,771,400
98$878,501,002$18,902,881$1,046,619$424,419,965
99$967,840,436$19,561,455$814,013$466,990,384
100$1,066,284,061$20,243,867$565,183$513,882,085