Can I retire at age 35 with 2,300,000?

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 $2,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$189,932$188,240$186,589$184,978$183,405$177,891
2 years$94,026$92,275$90,577$88,932$87,336$81,826
3 years$62,061$60,302$58,610$56,980$55,409$50,078
4 years$46,082$44,329$42,653$41,051$39,518$34,406
5 years$36,497$34,754$33,100$31,531$30,041$25,161
6 years$30,109$28,379$26,750$25,215$23,771$19,128
7 years$25,548$23,833$22,229$20,731$19,332$14,926
8 years$22,129$20,429$18,852$17,391$16,038$11,866
9 years$19,471$17,787$16,237$14,813$13,506$9,564
10 years$17,346$15,679$14,156$12,769$11,508$7,789
11 years$15,608$13,958$12,463$11,113$9,897$6,396
12 years$14,161$12,528$11,060$9,747$8,577$5,286
13 years$12,938$11,321$9,882$8,606$7,479$4,392
14 years$11,890$10,291$8,879$7,639$6,556$3,664
15 years$10,983$9,401$8,016$6,813$5,772$3,067
16 years$10,190$8,625$7,268$6,100$5,102$2,575
17 years$9,491$7,943$6,614$5,481$4,524$2,166
18 years$8,870$7,340$6,037$4,939$4,022$1,826
19 years$8,316$6,803$5,527$4,463$3,585$1,542
20 years$7,817$6,321$5,072$4,042$3,202$1,304
21 years$7,366$5,888$4,666$3,669$2,866$1,104
22 years$6,957$5,496$4,300$3,336$2,569$935
23 years$6,585$5,141$3,970$3,038$2,306$793
24 years$6,243$4,816$3,672$2,771$2,072$673
25 years$5,930$4,520$3,401$2,530$1,865$571
26 years$5,641$4,248$3,154$2,314$1,680$485
27 years$5,374$3,998$2,929$2,118$1,514$412
28 years$5,126$3,767$2,723$1,940$1,367$351
29 years$4,896$3,554$2,534$1,779$1,234$298
30 years$4,682$3,356$2,360$1,633$1,115$254
31 years$4,482$3,173$2,200$1,500$1,008$216
32 years$4,294$3,002$2,053$1,378$912$184
33 years$4,119$2,843$1,917$1,267$825$156
34 years$3,954$2,695$1,791$1,166$747$133
35 years$3,799$2,556$1,674$1,073$677$113
36 years$3,653$2,426$1,566$989$613$96
37 years$3,515$2,304$1,466$911$556$82
38 years$3,385$2,190$1,373$840$504$70
39 years$3,261$2,082$1,286$774$457$59
40 years$3,144$1,981$1,206$714$414$51
41 years$3,034$1,886$1,131$659$376$43
42 years$2,928$1,796$1,060$608$341$37
43 years$2,828$1,711$995$561$310$31
44 years$2,733$1,631$934$518$281$27
45 years$2,642$1,555$877$479$255$23
46 years$2,555$1,484$824$442$232$19
47 years$2,473$1,416$774$408$210$16
48 years$2,393$1,352$727$377$191$14
49 years$2,318$1,291$684$349$173$12
50 years$2,246$1,233$643$322$158$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,300,000, adding $2,621 every year, while hoping to spend $22,338 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: 50/21/29 Blend
34$2,300,000$2,300,000$2,300,000$2,300,000
35$2,537,304$2,415,404$2,379,754$2,643,199
36$2,772,341$2,509,991$2,435,708$2,812,192
37$3,030,604$2,608,464$2,492,788$2,993,348
38$3,314,437$2,710,991$2,551,008$3,189,830
39$3,626,424$2,817,744$2,610,382$3,403,103
40$3,969,413$2,928,907$2,670,923$3,634,782
41$4,346,539$3,044,669$2,732,645$3,886,638
42$4,761,258$3,165,230$2,795,560$4,160,625
43$5,217,376$3,290,796$2,859,681$4,458,889
44$5,719,087$3,421,584$2,925,019$4,783,793
45$6,271,014$3,557,822$2,991,588$5,137,936
46$6,878,248$3,699,745$3,059,396$5,524,180
47$7,546,399$3,847,602$3,128,455$5,945,673
48$8,281,648$4,001,651$3,198,775$6,405,881
49$9,090,806$4,162,162$3,270,364$6,908,620
50$9,981,378$4,329,418$3,343,231$7,458,088
51$10,961,632$4,503,713$3,417,383$8,058,910
52$12,040,681$4,685,357$3,492,827$8,716,177
53$13,228,562$4,874,671$3,569,569$9,435,491
54$14,536,339$5,071,994$3,647,613$10,223,026
55$15,976,201$5,277,676$3,726,963$11,085,575
56$17,561,579$5,492,088$3,807,622$12,030,621
57$19,307,273$5,715,614$3,889,591$13,066,406
58$21,229,593$5,948,657$3,972,869$14,202,002
59$23,346,507$6,191,637$4,057,457$15,447,406
60$25,677,819$6,444,996$4,143,350$16,813,623
61$28,245,349$6,709,193$4,230,545$18,312,778
62$31,073,142$6,984,710$4,319,035$19,958,222
63$34,187,692$7,272,051$4,408,812$21,764,665
64$37,618,197$7,571,742$4,499,868$23,748,305
65$41,396,829$7,884,333$4,592,189$25,926,989
66$45,559,042$8,210,401$4,685,764$28,320,374
67$50,143,901$8,550,548$4,780,574$30,950,113
68$55,194,459$8,905,404$4,876,603$33,840,062
69$60,758,153$9,275,629$4,973,828$37,016,498
70$66,887,260$9,661,911$5,072,228$40,508,370
71$73,639,388$10,064,971$5,171,774$44,347,570
72$81,078,016$10,485,565$5,272,439$48,569,235
73$89,273,097$10,924,481$5,374,189$53,212,072
74$98,301,718$11,382,546$5,476,990$58,318,728
75$108,248,826$11,860,623$5,580,801$63,936,186
76$119,208,029$12,359,616$5,685,581$70,116,212
77$131,282,482$12,880,472$5,791,282$76,915,839
78$144,585,859$13,424,179$5,897,854$84,397,904
79$159,243,426$13,991,773$6,005,242$92,631,640
80$175,393,224$14,584,339$6,113,386$101,693,330
81$193,187,371$15,203,010$6,222,223$111,667,020
82$212,793,499$15,848,972$6,331,682$122,645,316
83$234,396,333$16,523,469$6,441,691$134,730,256
84$258,199,440$17,227,801$6,552,169$148,034,265
85$284,427,147$17,963,327$6,663,030$162,681,223
86$313,326,657$18,731,471$6,774,184$178,807,625
87$345,170,388$19,533,725$6,885,530$196,563,872
88$380,258,538$20,371,648$6,996,966$216,115,687
89$418,921,924$21,246,874$7,108,380$237,645,675
90$461,525,101$22,161,112$7,219,652$261,355,048
91$508,469,807$23,116,151$7,330,655$287,465,519
92$560,198,750$24,113,866$7,441,255$316,221,394
93$617,199,794$25,156,216$7,551,308$347,891,875
94$680,010,558$26,245,257$7,660,662$382,773,598
95$749,223,497$27,383,136$7,769,156$421,193,429
96$825,491,489$28,572,105$7,876,618$463,511,550
97$909,534,003$29,814,520$7,982,867$510,124,853
98$1,002,143,888$31,112,848$8,087,710$561,470,684
99$1,104,194,860$32,469,674$8,190,944$618,030,969
100$1,216,649,749$33,887,701$8,292,353$680,336,759