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

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 $2,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$189,932$188,240$186,589$184,978$183,405$179,190
2 years$94,026$92,275$90,577$88,932$87,336$83,112
3 years$62,061$60,302$58,610$56,980$55,409$51,309
4 years$46,082$44,329$42,653$41,051$39,518$35,574
5 years$36,497$34,754$33,100$31,531$30,041$26,263
6 years$30,109$28,379$26,750$25,215$23,771$20,162
7 years$25,548$23,833$22,229$20,731$19,332$15,894
8 years$22,129$20,429$18,852$17,391$16,038$12,770
9 years$19,471$17,787$16,237$14,813$13,506$10,405
10 years$17,346$15,679$14,156$12,769$11,508$8,570
11 years$15,608$13,958$12,463$11,113$9,897$7,119
12 years$14,161$12,528$11,060$9,747$8,577$5,954
13 years$12,938$11,321$9,882$8,606$7,479$5,007
14 years$11,890$10,291$8,879$7,639$6,556$4,229
15 years$10,983$9,401$8,016$6,813$5,772$3,585
16 years$10,190$8,625$7,268$6,100$5,102$3,048
17 years$9,491$7,943$6,614$5,481$4,524$2,599
18 years$8,870$7,340$6,037$4,939$4,022$2,220
19 years$8,316$6,803$5,527$4,463$3,585$1,900
20 years$7,817$6,321$5,072$4,042$3,202$1,629
21 years$7,366$5,888$4,666$3,669$2,866$1,398
22 years$6,957$5,496$4,300$3,336$2,569$1,201
23 years$6,585$5,141$3,970$3,038$2,306$1,033
24 years$6,243$4,816$3,672$2,771$2,072$889
25 years$5,930$4,520$3,401$2,530$1,865$766
26 years$5,641$4,248$3,154$2,314$1,680$660
27 years$5,374$3,998$2,929$2,118$1,514$569
28 years$5,126$3,767$2,723$1,940$1,367$491
29 years$4,896$3,554$2,534$1,779$1,234$424
30 years$4,682$3,356$2,360$1,633$1,115$366
31 years$4,482$3,173$2,200$1,500$1,008$316
32 years$4,294$3,002$2,053$1,378$912$273
33 years$4,119$2,843$1,917$1,267$825$236
34 years$3,954$2,695$1,791$1,166$747$204
35 years$3,799$2,556$1,674$1,073$677$176
36 years$3,653$2,426$1,566$989$613$152
37 years$3,515$2,304$1,466$911$556$132
38 years$3,385$2,190$1,373$840$504$114
39 years$3,261$2,082$1,286$774$457$98
40 years$3,144$1,981$1,206$714$414$85
41 years$3,034$1,886$1,131$659$376$74
42 years$2,928$1,796$1,060$608$341$64
43 years$2,828$1,711$995$561$310$55
44 years$2,733$1,631$934$518$281$48
45 years$2,642$1,555$877$479$255$41
46 years$2,555$1,484$824$442$232$36
47 years$2,473$1,416$774$408$210$31
48 years$2,393$1,352$727$377$191$27
49 years$2,318$1,291$684$349$173$23
50 years$2,246$1,233$643$322$158$20

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 $4,127 every year, while hoping to spend $49,173 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: 60/14/26 Blend
34$2,300,000$2,300,000$2,300,000$2,300,000
35$2,538,857$2,416,957$2,381,307$2,673,201
36$2,745,501$2,483,068$2,408,761$2,831,263
37$2,971,574$2,550,771$2,435,487$2,997,994
38$3,219,007$2,620,091$2,461,408$3,178,872
39$3,489,924$2,691,054$2,486,444$3,375,287
40$3,786,666$2,763,686$2,510,510$3,588,765
41$4,111,811$2,838,010$2,533,516$3,820,991
42$4,468,195$2,914,053$2,555,368$4,073,819
43$4,858,945$2,991,836$2,575,968$4,349,294
44$5,287,505$3,071,383$2,595,210$4,649,668
45$5,757,665$3,152,715$2,612,984$4,977,420
46$6,273,603$3,235,854$2,629,175$5,335,286
47$6,839,919$3,320,819$2,643,661$5,726,278
48$7,461,681$3,407,630$2,656,314$6,153,714
49$8,144,472$3,496,303$2,667,000$6,621,253
50$8,894,441$3,586,855$2,675,577$7,132,925
51$9,718,363$3,679,300$2,681,898$7,693,172
52$10,623,700$3,773,650$2,685,806$8,306,889
53$11,618,675$3,869,916$2,687,138$8,979,470
54$12,712,345$3,968,107$2,685,722$9,716,859
55$13,914,690$4,068,230$2,681,379$10,525,607
56$15,236,702$4,170,287$2,673,919$11,412,933
57$16,690,495$4,274,281$2,663,145$12,386,794
58$18,289,414$4,380,209$2,648,849$13,455,957
59$20,048,163$4,488,067$2,630,813$14,630,085
60$21,982,940$4,597,847$2,608,810$15,919,828
61$24,111,595$4,709,537$2,582,601$17,336,921
62$26,453,795$4,823,121$2,551,935$18,894,299
63$29,031,207$4,938,580$2,516,550$20,606,216
64$31,867,709$5,055,888$2,476,173$22,488,381
65$34,989,605$5,175,017$2,430,515$24,558,107
66$38,425,884$5,295,933$2,379,277$26,834,475
67$42,208,485$5,418,594$2,322,143$29,338,513
68$46,372,601$5,542,955$2,258,785$32,093,396
69$50,957,010$5,668,964$2,188,858$35,124,664
70$56,004,443$5,796,561$2,112,002$38,460,466
71$61,561,983$5,925,679$2,027,841$42,131,822
72$67,681,512$6,056,244$1,935,981$46,172,920
73$74,420,200$6,188,174$1,836,010$50,621,439
74$81,841,042$6,321,376$1,727,498$55,518,902
75$90,013,454$6,455,749$1,609,995$60,911,072
76$99,013,928$6,591,183$1,483,031$66,848,383
77$108,926,752$6,727,554$1,346,116$73,386,417
78$119,844,806$6,864,730$1,198,737$80,586,429
79$131,870,439$7,002,564$1,040,357$88,515,927
80$145,116,433$7,140,899$870,418$97,249,309
81$159,707,067$7,279,560$688,335$106,868,568
82$175,779,291$7,418,363$493,498$117,464,064
83$193,484,019$7,557,102$285,270$129,135,379
84$212,987,549$7,695,560$62,986$141,992,261
85$234,473,136$7,833,500$0$156,155,656
86$258,142,719$7,970,665$0$171,807,191
87$284,218,831$8,106,782$0$189,067,214
88$312,946,690$8,241,553$0$208,080,329
89$344,596,524$8,374,660$0$229,025,160
90$379,466,112$8,505,762$0$252,098,549
91$417,883,602$8,634,491$0$277,517,410
92$460,210,603$8,760,454$0$305,520,780
93$506,845,598$8,883,229$0$336,372,073
94$558,227,708$9,002,367$0$370,361,568
95$614,840,835$9,117,383$0$407,809,147
96$677,218,228$9,227,764$0$449,067,319
97$745,947,521$9,332,957$0$494,524,542
98$821,676,271$9,432,375$0$544,608,894
99$905,118,080$9,525,391$0$599,792,115
100$997,059,325$9,611,336$0$660,594,056