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

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 $2,230,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$184,151$182,511$180,911$179,349$177,823$174,091
2 years$91,164$89,466$87,821$86,225$84,678$80,935
3 years$60,172$58,467$56,826$55,245$53,723$50,086
4 years$44,679$42,980$41,355$39,801$38,316$34,814
5 years$35,386$33,696$32,093$30,571$29,127$25,769
6 years$29,193$27,516$25,936$24,448$23,047$19,837
7 years$24,771$23,108$21,553$20,100$18,744$15,682
8 years$21,455$19,808$18,278$16,861$15,550$12,636
9 years$18,878$17,246$15,743$14,362$13,095$10,327
10 years$16,818$15,202$13,725$12,380$11,158$8,533
11 years$15,133$13,533$12,084$10,775$9,596$7,110
12 years$13,730$12,147$10,724$9,451$8,316$5,966
13 years$12,544$10,977$9,581$8,344$7,251$5,033
14 years$11,528$9,978$8,609$7,407$6,357$4,266
15 years$10,649$9,115$7,772$6,605$5,597$3,629
16 years$9,880$8,363$7,047$5,914$4,946$3,097
17 years$9,202$7,702$6,412$5,314$4,386$2,650
18 years$8,600$7,117$5,854$4,789$3,900$2,272
19 years$8,062$6,596$5,359$4,327$3,476$1,952
20 years$7,579$6,129$4,918$3,919$3,105$1,679
21 years$7,142$5,709$4,524$3,557$2,778$1,447
22 years$6,746$5,329$4,169$3,234$2,490$1,248
23 years$6,384$4,984$3,850$2,945$2,236$1,078
24 years$6,053$4,670$3,560$2,686$2,009$931
25 years$5,749$4,382$3,297$2,453$1,808$805
26 years$5,469$4,119$3,058$2,243$1,629$697
27 years$5,210$3,876$2,840$2,053$1,468$603
28 years$4,970$3,653$2,640$1,881$1,325$523
29 years$4,747$3,446$2,457$1,725$1,196$453
30 years$4,539$3,254$2,288$1,583$1,081$393
31 years$4,345$3,076$2,133$1,454$977$340
32 years$4,164$2,911$1,990$1,336$884$295
33 years$3,994$2,757$1,858$1,229$800$256
34 years$3,834$2,613$1,736$1,131$724$222
35 years$3,683$2,478$1,623$1,041$656$193
36 years$3,542$2,352$1,519$959$594$167
37 years$3,408$2,234$1,421$883$539$145
38 years$3,282$2,123$1,331$814$488$126
39 years$3,162$2,019$1,247$751$443$110
40 years$3,049$1,921$1,169$692$402$95
41 years$2,941$1,828$1,096$639$365$83
42 years$2,839$1,741$1,028$589$331$72
43 years$2,742$1,659$965$544$300$62
44 years$2,650$1,581$906$502$272$54
45 years$2,561$1,508$850$464$247$47
46 years$2,477$1,439$799$429$225$41
47 years$2,397$1,373$750$396$204$35
48 years$2,321$1,311$705$366$185$31
49 years$2,247$1,252$663$338$168$27
50 years$2,177$1,195$623$313$153$23

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 $4,492 every year, while hoping to spend $43,441 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: 38/38/24 Blend
34$2,230,000$2,230,000$2,230,000$2,230,000
35$2,462,093$2,343,903$2,309,338$2,537,858
36$2,667,006$2,412,534$2,340,480$2,662,076
37$2,891,364$2,483,071$2,371,210$2,791,863
38$3,137,104$2,555,563$2,401,467$2,931,269
39$3,406,361$2,630,058$2,431,188$3,081,192
40$3,701,484$2,706,605$2,460,307$3,242,618
41$4,025,062$2,785,255$2,488,753$3,416,634
42$4,379,944$2,866,058$2,516,452$3,604,436
43$4,769,270$2,949,067$2,543,326$3,807,340
44$5,196,499$3,034,334$2,569,290$4,026,794
45$5,665,439$3,121,914$2,594,259$4,264,394
46$6,180,286$3,211,860$2,618,139$4,521,895
47$6,745,663$3,304,228$2,640,833$4,801,231
48$7,366,659$3,399,075$2,662,240$5,104,531
49$8,048,885$3,496,456$2,682,252$5,434,140
50$8,798,519$3,596,430$2,700,755$5,792,640
51$9,622,368$3,699,055$2,717,631$6,182,876
52$10,527,932$3,804,391$2,732,753$6,607,982
53$11,523,471$3,912,496$2,745,991$7,071,407
54$12,618,089$4,023,432$2,757,205$7,576,953
55$13,821,813$4,137,260$2,766,251$8,128,809
56$15,145,693$4,254,040$2,772,975$8,731,587
57$16,601,901$4,373,835$2,777,217$9,390,370
58$18,203,849$4,496,708$2,778,808$10,110,759
59$19,966,316$4,622,720$2,777,572$10,898,923
60$21,905,583$4,751,937$2,773,324$11,761,659
61$24,039,591$4,884,420$2,765,868$12,706,458
62$26,388,105$5,020,233$2,755,001$13,741,571
63$28,972,908$5,159,440$2,740,510$14,876,093
64$31,817,996$5,302,104$2,722,169$16,120,042
65$34,949,814$5,448,290$2,699,744$17,484,459
66$38,397,499$5,598,059$2,672,988$18,981,510
67$42,193,155$5,751,476$2,641,645$20,624,601
68$46,372,161$5,908,602$2,605,444$22,428,505
69$50,973,497$6,069,499$2,564,102$24,409,500
70$56,040,117$6,234,229$2,517,323$26,585,524
71$61,619,354$6,402,851$2,464,799$28,976,347
72$67,763,362$6,575,424$2,406,203$31,603,751
73$74,529,612$6,752,007$2,341,198$34,491,742
74$81,981,433$6,932,656$2,269,428$37,666,775
75$90,188,608$7,117,425$2,190,523$41,158,002
76$99,228,035$7,306,367$2,104,095$44,997,550
77$109,184,449$7,499,534$2,009,736$49,220,823
78$120,151,225$7,696,973$1,907,024$53,866,836
79$132,231,255$7,898,730$1,795,516$58,978,586
80$145,537,924$8,104,849$1,674,746$64,603,456
81$160,196,175$8,315,368$1,544,232$70,793,662
82$176,343,688$8,530,325$1,403,467$77,606,750
83$194,132,184$8,749,751$1,251,923$85,106,136
84$213,728,852$8,973,674$1,089,048$93,361,706
85$235,317,928$9,202,117$914,264$102,450,479
86$259,102,435$9,435,099$726,971$112,457,329
87$285,306,098$9,672,633$526,539$123,475,795
88$314,175,453$9,914,726$312,311$135,608,955
89$345,982,179$10,161,377$83,603$148,970,409
90$381,025,657$10,412,580$0$163,685,345
91$419,635,798$10,668,321$0$179,932,821
92$462,176,158$10,928,577$0$197,849,301
93$509,047,366$11,193,317$0$217,581,109
94$560,690,909$11,462,501$0$239,313,103
95$617,593,295$11,736,077$0$263,248,993
96$680,290,650$12,013,983$0$289,613,259
97$749,373,774$12,296,147$0$318,653,275
98$825,493,722$12,582,481$0$350,641,639
99$909,367,944$12,872,885$0$385,878,751
100$1,001,787,064$13,167,246$0$424,695,644