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%16.5%
1 years$184,151$182,511$180,911$179,349$177,823$173,103
2 years$91,164$89,466$87,821$86,225$84,678$79,955
3 years$60,172$58,467$56,826$55,245$53,723$49,146
4 years$44,679$42,980$41,355$39,801$38,316$33,919
5 years$35,386$33,696$32,093$30,571$29,127$24,923
6 years$29,193$27,516$25,936$24,448$23,047$19,040
7 years$24,771$23,108$21,553$20,100$18,744$14,934
8 years$21,455$19,808$18,278$16,861$15,550$11,935
9 years$18,878$17,246$15,743$14,362$13,095$9,672
10 years$16,818$15,202$13,725$12,380$11,158$7,922
11 years$15,133$13,533$12,084$10,775$9,596$6,543
12 years$13,730$12,147$10,724$9,451$8,316$5,440
13 years$12,544$10,977$9,581$8,344$7,251$4,547
14 years$11,528$9,978$8,609$7,407$6,357$3,817
15 years$10,649$9,115$7,772$6,605$5,597$3,215
16 years$9,880$8,363$7,047$5,914$4,946$2,717
17 years$9,202$7,702$6,412$5,314$4,386$2,301
18 years$8,600$7,117$5,854$4,789$3,900$1,953
19 years$8,062$6,596$5,359$4,327$3,476$1,660
20 years$7,579$6,129$4,918$3,919$3,105$1,413
21 years$7,142$5,709$4,524$3,557$2,778$1,205
22 years$6,746$5,329$4,169$3,234$2,490$1,028
23 years$6,384$4,984$3,850$2,945$2,236$878
24 years$6,053$4,670$3,560$2,686$2,009$750
25 years$5,749$4,382$3,297$2,453$1,808$642
26 years$5,469$4,119$3,058$2,243$1,629$549
27 years$5,210$3,876$2,840$2,053$1,468$470
28 years$4,970$3,653$2,640$1,881$1,325$402
29 years$4,747$3,446$2,457$1,725$1,196$345
30 years$4,539$3,254$2,288$1,583$1,081$295
31 years$4,345$3,076$2,133$1,454$977$253
32 years$4,164$2,911$1,990$1,336$884$217
33 years$3,994$2,757$1,858$1,229$800$186
34 years$3,834$2,613$1,736$1,131$724$160
35 years$3,683$2,478$1,623$1,041$656$137
36 years$3,542$2,352$1,519$959$594$117
37 years$3,408$2,234$1,421$883$539$101
38 years$3,282$2,123$1,331$814$488$86
39 years$3,162$2,019$1,247$751$443$74
40 years$3,049$1,921$1,169$692$402$64
41 years$2,941$1,828$1,096$639$365$55
42 years$2,839$1,741$1,028$589$331$47
43 years$2,742$1,659$965$544$300$40
44 years$2,650$1,581$906$502$272$35
45 years$2,561$1,508$850$464$247$30
46 years$2,477$1,439$799$429$225$25
47 years$2,397$1,373$750$396$204$22
48 years$2,321$1,311$705$366$185$19
49 years$2,247$1,252$663$338$168$16
50 years$2,177$1,195$623$313$153$14

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 $6,383 every year, while hoping to spend $56,080 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: 51/29/20 Blend
34$2,230,000$2,230,000$2,230,000$2,230,000
35$2,464,044$2,345,854$2,311,289$2,575,738
36$2,655,708$2,401,132$2,329,049$2,708,775
37$2,865,042$2,457,239$2,345,523$2,847,036
38$3,093,789$2,514,157$2,360,611$2,996,172
39$3,343,869$2,571,864$2,374,205$3,157,232
40$3,617,394$2,630,336$2,386,191$3,331,374
41$3,916,690$2,689,545$2,396,451$3,519,873
42$4,244,320$2,749,460$2,404,860$3,724,132
43$4,603,105$2,810,047$2,411,286$3,945,701
44$4,996,150$2,871,268$2,415,593$4,186,285
45$5,426,876$2,933,079$2,417,635$4,447,763
46$5,899,053$2,995,435$2,417,260$4,732,209
47$6,416,828$3,058,283$2,414,310$5,041,905
48$6,984,772$3,121,567$2,408,618$5,379,369
49$7,607,920$3,185,225$2,400,007$5,747,375
50$8,291,816$3,249,189$2,388,296$6,148,981
51$9,042,568$3,313,386$2,373,290$6,587,558
52$9,866,903$3,377,735$2,354,789$7,066,820
53$10,772,234$3,442,151$2,332,581$7,590,865
54$11,766,724$3,506,538$2,306,445$8,164,205
55$12,859,367$3,570,796$2,276,148$8,791,818
56$14,060,071$3,634,814$2,241,448$9,479,187
57$15,379,753$3,698,474$2,202,090$10,232,360
58$16,830,437$3,761,648$2,157,809$11,058,002
59$18,425,372$3,824,199$2,108,326$11,963,459
60$20,179,154$3,885,980$2,053,350$12,956,830
61$22,107,866$3,946,831$1,992,575$14,047,043
62$24,229,225$4,006,583$1,925,683$15,243,937
63$26,562,753$4,065,052$1,852,341$16,558,361
64$29,129,959$4,122,045$1,772,199$18,002,271
65$31,954,540$4,177,351$1,684,893$19,588,847
66$35,062,609$4,230,746$1,590,043$21,332,619
67$38,482,935$4,281,992$1,487,249$23,249,600
68$42,247,218$4,330,834$1,376,095$25,357,443
69$46,390,387$4,376,997$1,256,148$27,675,607
70$50,950,929$4,420,193$1,126,951$30,225,540
71$55,971,251$4,460,109$988,031$33,030,883
72$61,498,080$4,496,417$838,892$36,117,696
73$67,582,906$4,528,763$679,017$39,514,702
74$74,282,463$4,556,772$507,864$43,253,562
75$81,659,266$4,580,047$324,870$47,369,174
76$89,782,204$4,598,161$129,445$51,900,003
77$98,727,182$4,610,664$0$56,888,447
78$108,577,845$4,617,077$0$62,398,117
79$119,426,360$4,616,889$0$68,494,218
80$131,374,292$4,609,560$0$75,206,011
81$144,533,556$4,594,515$0$82,596,219
82$159,027,476$4,571,143$0$90,733,967
83$174,991,948$4,538,798$0$99,695,433
84$192,576,722$4,496,795$0$109,564,570
85$211,946,814$4,444,404$0$120,433,897
86$233,284,064$4,380,855$0$132,405,376
87$256,788,852$4,305,330$0$145,591,377
88$282,681,987$4,216,964$0$160,115,732
89$311,206,793$4,114,839$0$176,114,915
90$342,631,404$3,997,984$0$193,739,325
91$377,251,293$3,865,371$0$213,154,711
92$415,392,063$3,715,911$0$234,543,735
93$457,412,516$3,548,454$0$258,107,700
94$503,708,046$3,361,782$0$284,068,453
95$554,714,362$3,154,605$0$312,670,479
96$610,911,608$2,925,561$0$344,183,210
97$672,828,889$2,673,210$0$378,903,576
98$741,049,268$2,396,030$0$417,158,805
99$816,215,268$2,092,410$0$459,309,516
100$899,034,938$1,760,650$0$505,753,128