Can I retire at age 35 with 2,240,000?

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 $2,240,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$184,977$183,329$181,722$180,153$178,621$176,829
2 years$91,573$89,867$88,215$86,612$85,057$83,253
3 years$60,442$58,729$57,081$55,493$53,964$52,202
4 years$44,880$43,172$41,540$39,980$38,488$36,783
5 years$35,545$33,848$32,237$30,708$29,258$27,614
6 years$29,324$27,639$26,052$24,558$23,151$21,571
7 years$24,882$23,211$21,649$20,190$18,828$17,312
8 years$21,552$19,896$18,360$16,937$15,619$14,168
9 years$18,963$17,323$15,814$14,427$13,154$11,766
10 years$16,893$15,270$13,787$12,436$11,208$9,883
11 years$15,201$13,594$12,138$10,823$9,639$8,376
12 years$13,792$12,201$10,772$9,493$8,353$7,151
13 years$12,600$11,026$9,624$8,381$7,284$6,141
14 years$11,580$10,022$8,647$7,440$6,385$5,300
15 years$10,696$9,156$7,807$6,635$5,622$4,593
16 years$9,924$8,400$7,078$5,941$4,969$3,994
17 years$9,243$7,736$6,441$5,338$4,406$3,483
18 years$8,639$7,149$5,880$4,810$3,917$3,046
19 years$8,099$6,625$5,383$4,347$3,491$2,669
20 years$7,613$6,157$4,940$3,937$3,119$2,343
21 years$7,174$5,735$4,544$3,573$2,791$2,060
22 years$6,776$5,353$4,188$3,249$2,502$1,814
23 years$6,413$5,007$3,867$2,959$2,246$1,599
24 years$6,080$4,691$3,576$2,698$2,018$1,411
25 years$5,775$4,402$3,312$2,464$1,816$1,247
26 years$5,494$4,137$3,072$2,253$1,636$1,102
27 years$5,234$3,894$2,853$2,062$1,475$975
28 years$4,992$3,669$2,652$1,890$1,331$864
29 years$4,768$3,461$2,468$1,733$1,202$765
30 years$4,560$3,269$2,299$1,590$1,086$678
31 years$4,365$3,090$2,143$1,461$982$601
32 years$4,182$2,924$1,999$1,342$888$533
33 years$4,012$2,769$1,867$1,234$804$473
34 years$3,851$2,624$1,744$1,136$728$420
35 years$3,700$2,489$1,631$1,045$659$373
36 years$3,558$2,363$1,526$963$597$331
37 years$3,423$2,244$1,428$887$541$294
38 years$3,296$2,132$1,337$818$491$261
39 years$3,176$2,028$1,253$754$445$232
40 years$3,062$1,929$1,174$695$404$206
41 years$2,954$1,836$1,101$642$366$183
42 years$2,852$1,749$1,033$592$332$163
43 years$2,754$1,666$969$547$302$145
44 years$2,661$1,588$910$505$274$129
45 years$2,573$1,515$854$466$248$114
46 years$2,489$1,445$802$431$226$102
47 years$2,408$1,379$754$398$205$91
48 years$2,331$1,316$708$368$186$80
49 years$2,257$1,257$666$340$169$72
50 years$2,187$1,201$626$314$153$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,240,000, adding $2,787 every year, while hoping to spend $58,390 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: 36/35/29 Blend
34$2,240,000$2,240,000$2,240,000$2,240,000
35$2,471,355$2,352,635$2,317,915$2,538,737
36$2,661,306$2,405,787$2,333,438$2,642,395
37$2,868,676$2,459,587$2,347,525$2,748,762
38$3,095,179$2,514,005$2,360,065$2,862,486
39$3,342,703$2,569,007$2,370,943$2,984,271
40$3,613,327$2,624,556$2,380,037$3,114,890
41$3,909,338$2,680,612$2,387,221$3,255,198
42$4,233,258$2,737,129$2,392,360$3,406,139
43$4,587,860$2,794,058$2,395,314$3,568,754
44$4,976,200$2,851,346$2,395,935$3,744,190
45$5,401,643$2,908,932$2,394,070$3,933,715
46$5,867,894$2,966,753$2,389,554$4,138,726
47$6,379,034$3,024,738$2,382,219$4,360,766
48$6,939,557$3,082,812$2,371,885$4,601,537
49$7,554,415$3,140,893$2,358,366$4,862,916
50$8,229,059$3,198,891$2,341,465$5,146,975
51$8,969,496$3,256,709$2,320,977$5,456,001
52$9,782,341$3,314,245$2,296,687$5,792,515
53$10,674,882$3,371,385$2,268,368$6,159,300
54$11,655,147$3,428,009$2,235,785$6,559,425
55$12,731,979$3,483,988$2,198,690$6,996,278
56$13,915,119$3,539,183$2,156,825$7,473,595
57$15,215,301$3,593,443$2,109,919$7,995,498
58$16,644,348$3,646,608$2,057,688$8,566,533
59$18,215,286$3,698,506$1,999,835$9,191,717
60$19,942,466$3,748,954$1,936,050$9,876,582
61$21,841,699$3,797,754$1,866,009$10,627,233
62$23,930,405$3,844,696$1,789,372$11,450,400
63$26,227,775$3,889,555$1,705,785$12,353,509
64$28,754,955$3,932,090$1,614,877$13,344,750
65$31,535,245$3,972,047$1,516,259$14,433,155
66$34,594,313$4,009,150$1,409,527$15,628,688
67$37,960,444$4,043,110$1,294,257$16,942,336
68$41,664,803$4,073,615$1,170,008$18,386,215
69$45,741,726$4,100,336$1,036,317$19,973,688
70$50,229,049$4,122,920$892,701$21,719,493
71$55,168,462$4,140,993$738,656$23,639,880
72$60,605,901$4,154,157$573,656$25,752,770
73$66,591,981$4,161,989$397,152$28,077,922
74$73,182,477$4,164,040$208,570$30,637,128
75$80,438,843$4,159,831$7,311$33,454,412
76$88,428,799$4,148,857$0$36,556,269
77$97,226,964$4,130,579$0$40,036,103
78$106,915,563$4,104,425$0$43,868,514
79$117,585,199$4,069,791$0$48,086,956
80$129,335,712$4,026,033$0$52,730,800
81$142,277,117$3,972,472$0$57,843,441
82$156,530,644$3,908,384$0$63,472,704
83$172,229,881$3,833,006$0$69,671,306
84$189,522,033$3,745,527$0$76,497,345
85$208,569,312$3,645,090$0$84,014,859
86$229,550,469$3,530,786$0$92,294,425
87$252,662,477$3,401,655$0$101,413,831
88$278,122,392$3,256,679$0$111,458,814
89$306,169,402$3,094,782$0$122,523,865
90$337,067,080$2,914,825$0$134,713,129
91$371,105,877$2,715,606$0$148,141,391
92$408,605,855$2,495,850$0$162,935,155
93$449,919,718$2,254,212$0$179,233,849
94$495,436,131$1,989,270$0$197,191,139
95$545,583,393$1,699,521$0$216,976,388
96$600,833,478$1,383,376$0$238,776,249
97$661,706,490$1,039,159$0$262,796,440
98$728,775,571$665,097$0$289,263,684
99$802,672,312$259,319$0$318,427,857
100$884,092,711$0$0$350,564,346