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 $2,709 every year, while hoping to spend $22,417 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: 31/46/23 Blend
34$2,350,000$2,350,000$2,350,000$2,350,000
35$2,592,494$2,467,944$2,431,519$2,654,341
36$2,833,077$2,565,022$2,489,124$2,798,714
37$3,097,448$2,666,105$2,547,907$2,951,825
38$3,388,010$2,771,367$2,607,884$3,116,184
39$3,707,410$2,880,986$2,669,070$3,292,787
40$4,058,564$2,995,153$2,731,482$3,482,725
41$4,444,685$3,114,063$2,795,135$3,687,194
42$4,869,313$3,237,922$2,860,042$3,907,506
43$5,336,349$3,366,946$2,926,219$4,145,100
44$5,850,088$3,501,358$2,993,679$4,401,556
45$6,415,266$3,641,394$3,062,436$4,678,608
46$7,037,099$3,787,297$3,132,503$4,978,160
47$7,721,334$3,939,326$3,203,893$5,302,302
48$8,474,304$4,097,748$3,276,618$5,653,328
49$9,302,988$4,262,842$3,350,689$6,033,762
50$10,215,072$4,434,901$3,426,117$6,446,373
51$11,219,030$4,614,231$3,502,912$6,894,205
52$12,324,194$4,801,152$3,581,083$7,380,604
53$13,540,852$4,995,998$3,660,639$7,909,247
54$14,880,335$5,199,118$3,741,587$8,484,176
55$16,355,133$5,410,879$3,823,934$9,109,834
56$17,979,006$5,631,661$3,907,685$9,791,110
57$19,767,117$5,861,865$3,992,845$10,533,376
58$21,736,174$6,101,907$4,079,416$11,342,543
59$23,904,589$6,352,226$4,167,402$12,225,112
60$26,292,648$6,613,276$4,256,801$13,188,234
61$28,922,708$6,885,537$4,347,614$14,239,776
62$31,819,403$7,169,506$4,439,837$15,388,394
63$35,009,878$7,465,708$4,533,468$16,643,614
64$38,524,045$7,774,688$4,628,499$18,015,916
65$42,394,867$8,097,017$4,724,923$19,516,834
66$46,658,666$8,433,293$4,822,731$21,159,063
67$51,355,468$8,784,142$4,921,910$22,956,577
68$56,529,378$9,150,218$5,022,446$24,924,754
69$62,229,000$9,532,204$5,124,324$27,080,524
70$68,507,893$9,930,817$5,227,523$29,442,527
71$75,425,076$10,346,805$5,332,024$32,031,279
72$83,045,587$10,780,952$5,437,800$34,869,373
73$91,441,096$11,234,078$5,544,825$37,981,680
74$100,690,580$11,707,039$5,653,069$41,395,588
75$110,881,070$12,200,735$5,762,497$45,141,254
76$122,108,471$12,716,103$5,873,073$49,251,885
77$134,478,469$13,254,126$5,984,755$53,764,049
78$148,107,528$13,815,833$6,097,499$58,718,020
79$163,123,986$14,402,300$6,211,256$64,158,148
80$179,669,273$15,014,652$6,325,973$70,133,278
81$197,899,237$15,654,069$6,441,592$76,697,208
82$217,985,625$16,321,783$6,558,050$83,909,189
83$240,117,695$17,019,087$6,675,281$91,834,484
84$264,504,009$17,747,331$6,793,212$100,544,976
85$291,374,397$18,507,930$6,911,764$110,119,843
86$320,982,131$19,302,364$7,030,853$120,646,304
87$353,606,311$20,132,183$7,150,390$132,220,431
88$389,554,504$20,999,009$7,270,277$144,948,055
89$429,165,643$21,904,540$7,390,411$158,945,757
90$472,813,231$22,850,555$7,510,683$174,341,965
91$520,908,863$23,838,914$7,630,973$191,278,160
92$573,906,113$24,871,567$7,751,156$209,910,200
93$632,304,815$25,950,552$7,871,098$230,409,794
94$696,655,784$27,078,007$7,990,658$252,966,106
95$767,566,011$28,256,167$8,109,683$277,787,541
96$845,704,399$29,487,374$8,228,012$305,103,701
97$931,808,073$30,774,080$8,345,475$335,167,545
98$1,026,689,338$32,118,852$8,461,890$368,257,770
99$1,131,243,353$33,524,378$8,577,066$404,681,431
100$1,246,456,576$34,993,474$8,690,799$444,776,833