Can I retire at age 35 with 2,320,000?

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$191,583$189,877$188,212$186,587$185,000$182,840
2 years$94,843$93,077$91,365$89,705$88,095$85,921
3 years$62,601$60,827$59,119$57,475$55,891$53,770
4 years$46,483$44,714$43,024$41,408$39,862$37,811
5 years$36,814$35,056$33,388$31,805$30,303$28,327
6 years$30,371$28,626$26,983$25,435$23,977$22,080
7 years$25,770$24,040$22,423$20,911$19,500$17,682
8 years$22,321$20,607$19,016$17,542$16,177$14,437
9 years$19,640$17,942$16,379$14,942$13,624$11,962
10 years$17,497$15,815$14,279$12,880$11,608$10,023
11 years$15,744$14,079$12,571$11,209$9,983$8,474
12 years$14,284$12,637$11,157$9,832$8,651$7,216
13 years$13,050$11,420$9,968$8,680$7,544$6,181
14 years$11,994$10,380$8,956$7,705$6,613$5,320
15 years$11,078$9,483$8,086$6,872$5,823$4,598
16 years$10,278$8,700$7,331$6,153$5,146$3,987
17 years$9,573$8,013$6,671$5,528$4,563$3,468
18 years$8,947$7,404$6,090$4,982$4,057$3,023
19 years$8,388$6,862$5,575$4,502$3,616$2,642
20 years$7,885$6,376$5,116$4,077$3,230$2,312
21 years$7,431$5,939$4,706$3,700$2,891$2,027
22 years$7,018$5,544$4,337$3,365$2,591$1,780
23 years$6,642$5,185$4,005$3,064$2,326$1,564
24 years$6,298$4,858$3,704$2,795$2,090$1,376
25 years$5,981$4,559$3,430$2,552$1,881$1,212
26 years$5,690$4,285$3,182$2,334$1,694$1,068
27 years$5,420$4,033$2,954$2,136$1,528$942
28 years$5,171$3,800$2,746$1,957$1,378$831
29 years$4,939$3,585$2,556$1,795$1,245$734
30 years$4,723$3,386$2,381$1,647$1,125$648
31 years$4,521$3,200$2,219$1,513$1,017$573
32 years$4,332$3,028$2,071$1,390$920$507
33 years$4,155$2,868$1,933$1,278$832$448
34 years$3,989$2,718$1,807$1,176$754$396
35 years$3,832$2,578$1,689$1,083$683$351
36 years$3,685$2,447$1,580$997$618$310
37 years$3,546$2,324$1,479$919$561$275
38 years$3,414$2,209$1,385$847$508$243
39 years$3,290$2,100$1,297$781$461$215
40 years$3,172$1,998$1,216$720$418$191
41 years$3,060$1,902$1,140$665$379$169
42 years$2,954$1,811$1,070$613$344$150
43 years$2,853$1,726$1,004$566$312$133
44 years$2,756$1,645$942$523$283$117
45 years$2,665$1,569$885$483$257$104
46 years$2,577$1,497$831$446$234$92
47 years$2,494$1,428$781$412$212$82
48 years$2,414$1,363$734$381$193$72
49 years$2,338$1,302$690$352$175$64
50 years$2,265$1,244$648$325$159$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,320,000, adding $2,372 every year, while hoping to spend $36,316 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: 46/31/23 Blend
34$2,320,000$2,320,000$2,320,000$2,320,000
35$2,559,087$2,436,127$2,400,167$2,659,817
36$2,781,474$2,516,857$2,441,932$2,811,599
37$3,025,327$2,600,326$2,483,880$2,972,412
38$3,292,798$2,686,629$2,525,977$3,146,158
39$3,586,255$2,775,866$2,568,190$3,334,061
40$3,908,310$2,868,140$2,610,481$3,537,469
41$4,261,836$2,963,558$2,652,811$3,757,866
42$4,650,001$3,062,229$2,695,137$3,996,882
43$5,076,292$3,164,270$2,737,415$4,256,312
44$5,544,552$3,269,798$2,779,598$4,538,132
45$6,059,016$3,378,937$2,821,633$4,844,515
46$6,624,345$3,491,815$2,863,468$5,177,856
47$7,245,679$3,608,564$2,905,044$5,540,786
48$7,928,676$3,729,322$2,946,301$5,936,207
49$8,679,573$3,854,231$2,987,174$6,367,310
50$9,505,240$3,983,439$3,027,595$6,837,610
51$10,413,247$4,117,099$3,067,492$7,350,976
52$11,411,931$4,255,370$3,106,786$7,911,670
53$12,510,483$4,398,418$3,145,398$8,524,383
54$13,719,024$4,546,413$3,183,241$9,194,282
55$15,048,710$4,699,532$3,220,224$9,927,059
56$16,511,829$4,857,960$3,256,253$10,728,980
57$18,121,923$5,021,888$3,291,225$11,606,948
58$19,893,913$5,191,513$3,325,034$12,568,565
59$21,844,237$5,367,042$3,357,568$13,622,205
60$23,991,010$5,548,689$3,388,708$14,777,092
61$26,354,192$5,736,673$3,418,328$16,043,387
62$28,955,776$5,931,227$3,446,298$17,432,282
63$31,819,995$6,132,587$3,472,479$18,956,106
64$34,973,552$6,341,001$3,496,725$20,628,441
65$38,445,872$6,556,728$3,518,883$22,464,251
66$42,269,376$6,780,033$3,538,791$24,480,020
67$46,479,792$7,011,194$3,556,280$26,693,907
68$51,116,486$7,250,498$3,571,171$29,125,922
69$56,222,840$7,498,244$3,583,277$31,798,106
70$61,846,655$7,754,743$3,592,402$34,734,747
71$68,040,605$8,020,317$3,598,339$37,962,601
72$74,862,734$8,295,300$3,600,870$41,511,149
73$82,377,002$8,580,039$3,599,769$45,412,875
74$90,653,892$8,874,897$3,594,797$49,703,566
75$99,771,069$9,180,247$3,585,703$54,422,657
76$109,814,118$9,496,479$3,572,224$59,613,596
77$120,877,350$9,823,998$3,554,085$65,324,257
78$133,064,691$10,163,225$3,530,998$71,607,392
79$146,490,663$10,514,596$3,502,660$78,521,125
80$161,281,465$10,878,566$3,468,753$86,129,500
81$177,576,164$11,255,606$3,428,947$94,503,089
82$195,528,009$11,646,206$3,382,892$103,719,653
83$215,305,872$12,050,877$3,330,226$113,864,878
84$237,095,849$12,470,148$3,270,566$125,033,179
85$261,103,010$12,904,570$3,203,515$137,328,597
86$287,553,339$13,354,715$3,128,654$150,865,774
87$316,695,862$13,821,178$3,045,546$165,771,036
88$348,805,003$14,304,579$2,953,735$182,183,588
89$384,183,170$14,805,561$2,852,742$200,256,823
90$423,163,612$15,324,792$2,742,068$220,159,770
91$466,113,563$15,862,969$2,621,190$242,078,689
92$513,437,708$16,420,816$2,489,561$266,218,829
93$565,582,003$16,999,085$2,346,610$292,806,365
94$623,037,886$17,598,559$2,191,740$322,090,529
95$686,346,915$18,220,052$2,024,328$354,345,963
96$756,105,878$18,864,413$1,843,720$389,875,315
97$832,972,430$19,532,521$1,649,238$429,012,087
98$917,671,298$20,225,296$1,440,168$472,123,787
99$1,011,001,125$20,943,690$1,215,768$519,615,398
100$1,113,842,006$21,688,697$975,263$571,933,196