Can I retire at age 35 with 2,350,000?

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 $2,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$194,061$192,332$190,646$189,000$187,392$184,974
2 years$96,070$94,280$92,546$90,865$89,234$86,801
3 years$63,410$61,613$59,884$58,218$56,614$54,242
4 years$47,084$45,292$43,580$41,943$40,378$38,085
5 years$37,290$35,510$33,820$32,216$30,694$28,488
6 years$30,764$28,996$27,331$25,764$24,287$22,169
7 years$26,103$24,351$22,713$21,182$19,752$17,723
8 years$22,610$20,873$19,262$17,769$16,386$14,447
9 years$19,894$18,174$16,590$15,135$13,800$11,948
10 years$17,723$16,020$14,464$13,047$11,758$9,994
11 years$15,948$14,261$12,734$11,354$10,112$8,433
12 years$14,469$12,800$11,301$9,959$8,763$7,167
13 years$13,219$11,568$10,097$8,793$7,642$6,127
14 years$12,149$10,515$9,072$7,805$6,699$5,263
15 years$11,222$9,605$8,191$6,961$5,898$4,540
16 years$10,411$8,813$7,426$6,233$5,213$3,929
17 years$9,697$8,116$6,757$5,600$4,622$3,410
18 years$9,063$7,500$6,169$5,047$4,110$2,966
19 years$8,496$6,951$5,647$4,560$3,663$2,586
20 years$7,987$6,459$5,183$4,130$3,272$2,259
21 years$7,527$6,016$4,767$3,748$2,928$1,976
22 years$7,109$5,616$4,394$3,408$2,624$1,730
23 years$6,728$5,252$4,057$3,104$2,356$1,517
24 years$6,379$4,921$3,752$2,831$2,117$1,332
25 years$6,059$4,618$3,475$2,585$1,905$1,170
26 years$5,763$4,340$3,223$2,364$1,716$1,029
27 years$5,491$4,085$2,993$2,164$1,547$905
28 years$5,238$3,849$2,782$1,982$1,396$797
29 years$5,003$3,631$2,589$1,818$1,261$702
30 years$4,784$3,429$2,411$1,668$1,139$619
31 years$4,579$3,242$2,248$1,532$1,030$545
32 years$4,388$3,067$2,098$1,408$932$481
33 years$4,209$2,905$1,958$1,295$843$424
34 years$4,040$2,753$1,830$1,191$763$374
35 years$3,882$2,611$1,711$1,097$691$330
36 years$3,732$2,479$1,600$1,010$626$292
37 years$3,591$2,354$1,498$931$568$258
38 years$3,458$2,237$1,403$858$515$227
39 years$3,332$2,127$1,314$791$467$201
40 years$3,213$2,024$1,232$730$423$177
41 years$3,100$1,927$1,155$673$384$157
42 years$2,992$1,835$1,084$621$349$138
43 years$2,890$1,748$1,017$573$316$122
44 years$2,792$1,666$954$529$287$108
45 years$2,699$1,589$896$489$261$96
46 years$2,611$1,516$842$452$237$84
47 years$2,526$1,447$791$417$215$75
48 years$2,446$1,381$743$386$195$66
49 years$2,368$1,319$698$356$177$58
50 years$2,294$1,260$657$329$161$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,350,000, adding $6,546 every year, while hoping to spend $23,510 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: 51/42/7 Blend
34$2,350,000$2,350,000$2,350,000$2,350,000
35$2,596,452$2,471,902$2,435,477$2,724,017
36$2,836,276$2,568,011$2,492,051$2,907,620
37$3,099,774$2,668,041$2,549,733$3,104,014
38$3,389,335$2,772,160$2,608,533$3,316,941
39$3,707,594$2,880,542$2,668,466$3,547,959
40$4,057,450$2,993,370$2,729,541$3,798,778
41$4,442,100$3,110,835$2,791,770$4,071,280
42$4,865,063$3,233,136$2,855,164$4,367,533
43$5,330,220$3,360,480$2,919,732$4,689,808
44$5,841,844$3,493,084$2,985,485$5,040,604
45$6,404,644$3,631,177$3,052,430$5,422,668
46$7,023,807$3,774,995$3,120,576$5,839,022
47$7,705,051$3,924,785$3,189,931$6,292,987
48$8,454,673$4,080,806$3,260,501$6,788,218
49$9,279,614$4,243,330$3,332,291$7,328,735
50$10,187,519$4,412,637$3,405,308$7,918,960
51$11,186,814$4,589,025$3,479,554$8,563,759
52$12,286,783$4,772,801$3,555,032$9,268,486
53$13,497,654$4,964,287$3,631,745$10,039,032
54$14,830,699$5,163,822$3,709,693$10,881,880
55$16,298,337$5,371,756$3,788,875$11,804,165
56$17,914,255$5,588,459$3,869,289$12,813,742
57$19,693,530$5,814,315$3,950,932$13,919,255
58$21,652,781$6,049,727$4,033,799$15,130,219
59$23,810,316$6,295,115$4,117,882$16,457,110
60$26,186,311$6,550,919$4,203,175$17,911,460
61$28,803,000$6,817,599$4,289,666$19,505,966
62$31,684,880$7,095,635$4,377,344$21,254,609
63$34,858,946$7,385,530$4,466,194$23,172,780
64$38,354,947$7,687,810$4,556,200$25,277,429
65$42,205,663$8,003,023$4,647,343$27,587,219
66$46,447,214$8,331,745$4,739,603$30,122,704
67$51,119,406$8,674,577$4,832,956$32,906,517
68$56,266,101$9,032,146$4,927,375$35,963,585
69$61,935,632$9,405,111$5,022,831$39,321,361
70$68,181,264$9,794,158$5,119,293$43,010,080
71$75,061,687$10,200,006$5,216,724$47,063,043
72$82,641,581$10,623,408$5,315,086$51,516,928
73$90,992,218$11,065,150$5,414,336$56,412,136
74$100,192,137$11,526,056$5,514,429$61,793,168
75$110,327,887$12,006,985$5,615,315$67,709,040
76$121,494,842$12,508,838$5,716,939$74,213,749
77$133,798,103$13,032,558$5,819,243$81,366,773
78$147,353,486$13,579,130$5,922,164$89,233,635
79$162,288,619$14,149,585$6,025,635$97,886,512
80$178,744,146$14,745,002$6,129,581$107,404,921
81$196,875,052$15,366,510$6,233,926$117,876,457
82$216,852,130$16,015,292$6,338,584$129,397,624
83$238,863,587$16,692,581$6,443,467$142,074,737
84$263,116,829$17,399,673$6,548,479$156,024,925
85$289,840,409$18,137,921$6,653,517$171,377,230
86$319,286,193$18,908,742$6,758,472$188,273,820
87$351,731,732$19,713,617$6,863,228$206,871,331
88$387,482,884$20,554,100$6,967,661$227,342,336
89$426,876,701$21,431,813$7,071,640$249,876,970
90$470,284,609$22,348,457$7,175,025$274,684,723
91$518,115,919$23,305,811$7,277,668$301,996,407
92$570,821,684$24,305,737$7,379,411$332,066,334
93$628,898,962$25,350,184$7,480,088$365,174,708
94$692,895,507$26,441,194$7,579,521$401,630,262
95$763,414,938$27,580,901$7,677,525$441,773,172
96$841,122,440$28,771,544$7,773,900$485,978,256
97$926,751,041$30,015,462$7,868,438$534,658,507
98$1,021,108,534$31,315,106$7,960,917$588,268,984
99$1,125,085,101$32,673,043$8,051,105$647,311,103
100$1,239,661,718$34,091,959$8,138,754$712,337,357