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

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$191,583$189,877$188,212$186,587$185,000$180,089
2 years$94,843$93,077$91,365$89,705$88,095$83,182
3 years$62,601$60,827$59,119$57,475$55,891$51,129
4 years$46,483$44,714$43,024$41,408$39,862$35,288
5 years$36,814$35,056$33,388$31,805$30,303$25,929
6 years$30,371$28,626$26,983$25,435$23,977$19,809
7 years$25,770$24,040$22,423$20,911$19,500$15,536
8 years$22,321$20,607$19,016$17,542$16,177$12,416
9 years$19,640$17,942$16,379$14,942$13,624$10,062
10 years$17,497$15,815$14,279$12,880$11,608$8,242
11 years$15,744$14,079$12,571$11,209$9,983$6,807
12 years$14,284$12,637$11,157$9,832$8,651$5,659
13 years$13,050$11,420$9,968$8,680$7,544$4,730
14 years$11,994$10,380$8,956$7,705$6,613$3,971
15 years$11,078$9,483$8,086$6,872$5,823$3,345
16 years$10,278$8,700$7,331$6,153$5,146$2,826
17 years$9,573$8,013$6,671$5,528$4,563$2,394
18 years$8,947$7,404$6,090$4,982$4,057$2,032
19 years$8,388$6,862$5,575$4,502$3,616$1,727
20 years$7,885$6,376$5,116$4,077$3,230$1,470
21 years$7,431$5,939$4,706$3,700$2,891$1,253
22 years$7,018$5,544$4,337$3,365$2,591$1,069
23 years$6,642$5,185$4,005$3,064$2,326$913
24 years$6,298$4,858$3,704$2,795$2,090$781
25 years$5,981$4,559$3,430$2,552$1,881$668
26 years$5,690$4,285$3,182$2,334$1,694$571
27 years$5,420$4,033$2,954$2,136$1,528$489
28 years$5,171$3,800$2,746$1,957$1,378$419
29 years$4,939$3,585$2,556$1,795$1,245$359
30 years$4,723$3,386$2,381$1,647$1,125$307
31 years$4,521$3,200$2,219$1,513$1,017$263
32 years$4,332$3,028$2,071$1,390$920$226
33 years$4,155$2,868$1,933$1,278$832$194
34 years$3,989$2,718$1,807$1,176$754$166
35 years$3,832$2,578$1,689$1,083$683$142
36 years$3,685$2,447$1,580$997$618$122
37 years$3,546$2,324$1,479$919$561$105
38 years$3,414$2,209$1,385$847$508$90
39 years$3,290$2,100$1,297$781$461$77
40 years$3,172$1,998$1,216$720$418$66
41 years$3,060$1,902$1,140$665$379$57
42 years$2,954$1,811$1,070$613$344$49
43 years$2,853$1,726$1,004$566$312$42
44 years$2,756$1,645$942$523$283$36
45 years$2,665$1,569$885$483$257$31
46 years$2,577$1,497$831$446$234$26
47 years$2,494$1,428$781$412$212$23
48 years$2,414$1,363$734$381$193$19
49 years$2,338$1,302$690$352$175$17
50 years$2,265$1,244$648$325$159$14

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 $4,526 every year, while hoping to spend $59,662 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: 38/46/16 Blend
34$2,320,000$2,320,000$2,320,000$2,320,000
35$2,561,309$2,438,349$2,402,389$2,646,122
36$2,759,082$2,494,348$2,419,389$2,763,317
37$2,975,029$2,551,091$2,434,959$2,883,836
38$3,210,940$2,608,553$2,448,988$3,012,811
39$3,468,786$2,666,702$2,461,359$3,151,034
40$3,750,738$2,725,506$2,471,950$3,299,377
41$4,059,185$2,784,928$2,480,633$3,458,802
42$4,396,759$2,844,926$2,487,271$3,630,370
43$4,766,357$2,905,456$2,491,723$3,815,247
44$5,171,169$2,966,467$2,493,839$4,014,722
45$5,614,709$3,027,905$2,493,464$4,230,214
46$6,100,847$3,089,710$2,490,433$4,463,288
47$6,633,845$3,151,817$2,484,573$4,715,668
48$7,218,396$3,214,155$2,475,705$4,989,256
49$7,859,669$3,276,646$2,463,638$5,286,148
50$8,563,360$3,339,206$2,448,175$5,608,656
51$9,335,740$3,401,745$2,429,106$5,959,328
52$10,183,720$3,464,164$2,406,215$6,340,974
53$11,114,908$3,526,357$2,379,273$6,756,693
54$12,137,691$3,588,210$2,348,040$7,209,901
55$13,261,302$3,649,599$2,312,266$7,704,365
56$14,495,917$3,710,392$2,271,689$8,244,238
57$15,852,744$3,770,445$2,226,035$8,834,099
58$17,344,133$3,829,606$2,175,016$9,479,000
59$18,983,687$3,887,709$2,118,331$10,184,507
60$20,786,395$3,944,579$2,055,667$10,956,761
61$22,768,770$4,000,026$1,986,695$11,802,531
62$24,949,006$4,053,848$1,911,070$12,729,281
63$27,347,146$4,105,828$1,828,433$13,745,243
64$29,985,278$4,155,736$1,738,408$14,859,491
65$32,887,733$4,203,324$1,640,601$16,082,031
66$36,081,323$4,248,329$1,534,603$17,423,895
67$39,595,590$4,290,469$1,419,984$18,897,248
68$43,463,082$4,329,443$1,296,295$20,515,501
69$47,719,663$4,364,933$1,163,068$22,293,442
70$52,404,851$4,396,597$1,019,813$24,247,373
71$57,562,189$4,424,073$866,020$26,395,269
72$63,239,654$4,446,975$701,153$28,756,947
73$69,490,113$4,464,891$524,657$31,354,257
74$76,371,820$4,477,386$335,948$34,211,285
75$83,948,963$4,483,995$134,420$37,354,587
76$92,292,272$4,484,226$0$40,813,439
77$101,479,685$4,477,554$0$44,633,886
78$111,597,082$4,463,423$0$48,863,125
79$122,739,097$4,441,244$0$53,517,527
80$135,010,010$4,410,390$0$58,640,457
81$148,524,730$4,370,197$0$64,279,714
82$163,409,877$4,319,962$0$70,487,980
83$179,804,981$4,258,936$0$77,323,325
84$197,863,796$4,186,331$0$84,849,752
85$217,755,749$4,101,307$0$93,137,804
86$239,667,541$4,002,977$0$102,265,236
87$263,804,909$3,890,402$0$112,317,747
88$290,394,563$3,762,585$0$123,389,794
89$319,686,331$3,618,474$0$135,585,486
90$351,955,512$3,456,955$0$149,019,567
91$387,505,477$3,276,848$0$163,818,508
92$426,670,529$3,076,907$0$180,121,699
93$469,819,060$2,855,813$0$198,082,771
94$517,357,028$2,612,171$0$217,871,047
95$569,731,786$2,344,509$0$239,673,150
96$627,436,306$2,051,267$0$263,694,764
97$691,013,831$1,730,802$0$290,162,582
98$761,063,003$1,381,372$0$319,326,451
99$838,243,512$1,001,142$0$351,461,735
100$923,282,323$588,171$0$386,871,920