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%19.3%
1 years$184,977$183,329$181,722$180,153$178,621$171,941
2 years$91,573$89,867$88,215$86,612$85,057$78,405
3 years$60,442$58,729$57,081$55,493$53,964$47,547
4 years$44,880$43,172$41,540$39,980$38,488$32,355
5 years$35,545$33,848$32,237$30,708$29,258$23,426
6 years$29,324$27,639$26,052$24,558$23,151$17,623
7 years$24,882$23,211$21,649$20,190$18,828$13,604
8 years$21,552$19,896$18,360$16,937$15,619$10,694
9 years$18,963$17,323$15,814$14,427$13,154$8,520
10 years$16,893$15,270$13,787$12,436$11,208$6,857
11 years$15,201$13,594$12,138$10,823$9,639$5,561
12 years$13,792$12,201$10,772$9,493$8,353$4,539
13 years$12,600$11,026$9,624$8,381$7,284$3,722
14 years$11,580$10,022$8,647$7,440$6,385$3,064
15 years$10,696$9,156$7,807$6,635$5,622$2,531
16 years$9,924$8,400$7,078$5,941$4,969$2,095
17 years$9,243$7,736$6,441$5,338$4,406$1,739
18 years$8,639$7,149$5,880$4,810$3,917$1,445
19 years$8,099$6,625$5,383$4,347$3,491$1,203
20 years$7,613$6,157$4,940$3,937$3,119$1,002
21 years$7,174$5,735$4,544$3,573$2,791$836
22 years$6,776$5,353$4,188$3,249$2,502$698
23 years$6,413$5,007$3,867$2,959$2,246$583
24 years$6,080$4,691$3,576$2,698$2,018$487
25 years$5,775$4,402$3,312$2,464$1,816$408
26 years$5,494$4,137$3,072$2,253$1,636$341
27 years$5,234$3,894$2,853$2,062$1,475$285
28 years$4,992$3,669$2,652$1,890$1,331$239
29 years$4,768$3,461$2,468$1,733$1,202$200
30 years$4,560$3,269$2,299$1,590$1,086$167
31 years$4,365$3,090$2,143$1,461$982$140
32 years$4,182$2,924$1,999$1,342$888$117
33 years$4,012$2,769$1,867$1,234$804$98
34 years$3,851$2,624$1,744$1,136$728$82
35 years$3,700$2,489$1,631$1,045$659$69
36 years$3,558$2,363$1,526$963$597$58
37 years$3,423$2,244$1,428$887$541$49
38 years$3,296$2,132$1,337$818$491$41
39 years$3,176$2,028$1,253$754$445$34
40 years$3,062$1,929$1,174$695$404$29
41 years$2,954$1,836$1,101$642$366$24
42 years$2,852$1,749$1,033$592$332$20
43 years$2,754$1,666$969$547$302$17
44 years$2,661$1,588$910$505$274$14
45 years$2,573$1,515$854$466$248$12
46 years$2,489$1,445$802$431$226$10
47 years$2,408$1,379$754$398$205$8
48 years$2,331$1,316$708$368$186$7
49 years$2,257$1,257$666$340$169$6
50 years$2,187$1,201$626$314$153$5

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 $2,025 every year, while hoping to spend $23,619 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: 35/44/21 Blend
34$2,240,000$2,240,000$2,240,000$2,240,000
35$2,470,569$2,351,849$2,317,129$2,541,181
36$2,697,436$2,441,959$2,369,622$2,683,418
37$2,946,653$2,535,693$2,423,082$2,834,459
38$3,220,473$2,633,203$2,477,517$2,996,945
39$3,521,380$2,734,649$2,532,933$3,171,910
40$3,852,111$2,840,198$2,589,337$3,360,487
41$4,215,681$2,950,021$2,646,734$3,563,921
42$4,615,410$3,064,302$2,705,129$3,783,577
43$5,054,958$3,183,229$2,764,527$4,020,955
44$5,538,357$3,307,000$2,824,932$4,277,703
45$6,070,047$3,435,822$2,886,345$4,555,629
46$6,654,924$3,569,909$2,948,769$4,856,721
47$7,298,378$3,709,486$3,012,205$5,183,162
48$8,006,352$3,854,790$3,076,653$5,537,352
49$8,785,390$4,006,065$3,142,111$5,921,930
50$9,642,705$4,163,568$3,208,577$6,339,796
51$10,586,245$4,327,566$3,276,048$6,794,136
52$11,624,765$4,498,340$3,344,519$7,288,457
53$12,767,914$4,676,181$3,413,983$7,826,614
54$14,026,323$4,861,396$3,484,433$8,412,846
55$15,411,706$5,054,302$3,555,860$9,051,817
56$16,936,971$5,255,234$3,628,253$9,748,658
57$18,616,341$5,464,540$3,701,598$10,509,011
58$20,465,489$5,682,584$3,775,883$11,339,088
59$22,501,683$5,909,745$3,851,090$12,245,720
60$24,743,954$6,146,422$3,927,200$13,236,427
61$27,213,271$6,393,029$4,004,194$14,319,484
62$29,932,738$6,650,002$4,082,049$15,503,998
63$32,927,819$6,917,793$4,160,739$16,799,995
64$36,226,568$7,196,877$4,240,236$18,218,508
65$39,859,904$7,487,750$4,320,509$19,771,684
66$43,861,894$7,790,929$4,401,526$21,472,896
67$48,270,080$8,106,957$4,483,250$23,336,865
68$53,125,830$8,436,401$4,565,641$25,379,801
69$58,474,732$8,779,851$4,648,657$27,619,549
70$64,367,018$9,137,927$4,732,250$30,075,762
71$70,858,045$9,511,277$4,816,372$32,770,078
72$78,008,813$9,900,577$4,900,968$35,726,326
73$85,886,542$10,306,535$4,985,980$38,970,746
74$94,565,305$10,729,891$5,071,347$42,532,237
75$104,126,730$11,171,420$5,157,000$46,442,626
76$114,660,767$11,631,929$5,242,870$50,736,964
77$126,266,538$12,112,267$5,328,879$55,453,858
78$139,053,275$12,613,318$5,414,946$60,635,828
79$153,141,346$13,136,008$5,500,985$66,329,711
80$168,663,397$13,681,306$5,586,902$72,587,094
81$185,765,599$14,250,225$5,672,598$79,464,802
82$204,609,029$14,843,826$5,757,969$87,025,429
83$225,371,193$15,463,215$5,842,903$95,337,926
84$248,247,696$16,109,554$5,927,282$104,478,250
85$273,454,095$16,784,056$6,010,980$114,530,072
86$301,227,928$17,487,991$6,093,863$125,585,568
87$331,830,960$18,222,685$6,175,791$137,746,284
88$365,551,651$18,989,530$6,256,613$151,124,089
89$402,707,882$19,789,980$6,336,172$165,842,225
90$443,649,952$20,625,555$6,414,300$182,036,469
91$488,763,887$21,497,848$6,490,820$199,856,409
92$538,475,087$22,408,525$6,565,545$219,466,849
93$593,252,332$23,359,330$6,638,278$241,049,360
94$653,612,220$24,352,086$6,708,810$264,803,992
95$720,124,033$25,388,705$6,776,921$290,951,150
96$793,415,117$26,471,184$6,842,381$319,733,674
97$874,176,802$27,601,615$6,904,943$351,419,124
98$963,170,929$28,782,188$6,964,353$386,302,295
99$1,061,237,042$30,015,194$7,020,337$424,708,000
100$1,169,300,314$31,303,031$7,072,611$466,994,122