Can I retire at age 35 with 2,360,000?

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 $2,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$194,887$193,151$191,457$189,804$188,190$185,225
2 years$96,479$94,682$92,940$91,252$89,614$86,635
3 years$63,680$61,876$60,139$58,466$56,855$53,953
4 years$47,284$45,485$43,765$42,121$40,549$37,749
5 years$37,449$35,661$33,964$32,353$30,825$28,133
6 years$30,895$29,120$27,448$25,873$24,391$21,810
7 years$26,215$24,455$22,809$21,272$19,836$17,368
8 years$22,706$20,962$19,344$17,844$16,456$14,100
9 years$19,979$18,251$16,661$15,199$13,858$11,614
10 years$17,798$16,088$14,525$13,102$11,808$9,672
11 years$16,015$14,322$12,788$11,403$10,155$8,127
12 years$14,531$12,855$11,349$10,002$8,800$6,876
13 years$13,275$11,617$10,140$8,830$7,674$5,851
14 years$12,200$10,559$9,110$7,838$6,727$5,003
15 years$11,269$9,646$8,226$6,990$5,923$4,294
16 years$10,456$8,850$7,458$6,259$5,235$3,698
17 years$9,738$8,151$6,786$5,624$4,642$3,194
18 years$9,102$7,532$6,195$5,068$4,127$2,765
19 years$8,532$6,980$5,671$4,580$3,679$2,398
20 years$8,021$6,486$5,205$4,148$3,286$2,083
21 years$7,559$6,042$4,787$3,764$2,940$1,813
22 years$7,139$5,640$4,412$3,423$2,636$1,579
23 years$6,756$5,275$4,074$3,117$2,366$1,378
24 years$6,406$4,942$3,768$2,843$2,127$1,203
25 years$6,084$4,638$3,490$2,596$1,914$1,051
26 years$5,788$4,359$3,236$2,374$1,724$919
27 years$5,514$4,102$3,005$2,173$1,554$804
28 years$5,260$3,866$2,794$1,991$1,402$704
29 years$5,024$3,647$2,600$1,826$1,266$616
30 years$4,804$3,444$2,422$1,675$1,144$540
31 years$4,599$3,256$2,258$1,539$1,034$473
32 years$4,407$3,080$2,106$1,414$936$415
33 years$4,226$2,917$1,967$1,300$847$364
34 years$4,057$2,765$1,838$1,197$767$319
35 years$3,898$2,622$1,718$1,101$694$280
36 years$3,748$2,489$1,607$1,014$629$246
37 years$3,607$2,364$1,504$935$570$216
38 years$3,473$2,247$1,409$862$517$189
39 years$3,346$2,136$1,320$794$469$166
40 years$3,226$2,033$1,237$733$425$146
41 years$3,113$1,935$1,160$676$386$128
42 years$3,005$1,843$1,088$624$350$113
43 years$2,902$1,756$1,021$576$318$99
44 years$2,804$1,674$958$532$288$87
45 years$2,711$1,596$900$491$262$76
46 years$2,622$1,522$845$454$238$67
47 years$2,537$1,453$794$419$216$59
48 years$2,456$1,387$746$387$196$52
49 years$2,378$1,324$701$358$178$45
50 years$2,304$1,265$659$331$162$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,360,000, adding $3,424 every year, while hoping to spend $36,653 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: 63/16/21 Blend
34$2,360,000$2,360,000$2,360,000$2,360,000
35$2,604,252$2,479,172$2,442,592$2,753,981
36$2,830,887$2,561,653$2,485,420$2,937,829
37$3,079,411$2,646,947$2,528,455$3,134,122
38$3,352,016$2,735,153$2,571,664$3,347,664
39$3,651,121$2,826,374$2,615,013$3,580,142
40$3,979,386$2,920,717$2,658,467$3,833,416
41$4,339,743$3,018,292$2,701,986$4,109,529
42$4,735,422$3,119,214$2,745,527$4,410,736
43$5,169,981$3,223,601$2,789,048$4,739,516
44$5,647,338$3,331,577$2,832,501$5,098,600
45$6,171,812$3,443,269$2,875,834$5,490,997
46$6,748,157$3,558,810$2,918,996$5,920,019
47$7,381,615$3,678,338$2,961,928$6,389,315
48$8,077,958$3,801,995$3,004,571$6,902,905
49$8,843,545$3,929,928$3,046,859$7,465,213
50$9,685,384$4,062,291$3,088,726$8,081,116
51$10,611,194$4,199,244$3,130,099$8,755,984
52$11,629,480$4,340,952$3,170,902$9,495,734
53$12,749,614$4,487,586$3,211,054$10,306,883
54$13,981,921$4,639,323$3,250,470$11,196,611
55$15,337,775$4,796,348$3,289,060$12,172,827
56$16,829,712$4,958,854$3,326,727$13,244,245
57$18,471,543$5,127,037$3,363,373$14,420,464
58$20,278,484$5,301,106$3,398,889$15,712,062
59$22,267,303$5,481,273$3,433,166$17,130,690
60$24,456,474$5,667,762$3,466,083$18,689,187
61$26,866,355$5,860,803$3,497,517$20,401,697
62$29,519,376$6,060,635$3,527,337$22,283,807
63$32,440,254$6,267,508$3,555,404$24,352,686
64$35,656,223$6,481,679$3,581,574$26,627,256
65$39,197,294$6,703,418$3,605,693$29,128,363
66$43,096,534$6,933,001$3,627,599$31,878,976
67$47,390,382$7,170,720$3,647,125$34,904,406
68$52,118,990$7,416,873$3,664,093$38,232,540
69$57,326,601$7,671,775$3,678,314$41,894,108
70$63,061,970$7,935,747$3,689,593$45,922,969
71$69,378,820$8,209,128$3,697,724$50,356,433
72$76,336,352$8,492,268$3,702,490$55,235,614
73$83,999,800$8,785,529$3,703,664$60,605,812
74$92,441,050$9,089,290$3,701,007$66,516,947
75$101,739,315$9,403,944$3,694,268$73,024,025
76$111,981,886$9,729,897$3,683,187$80,187,661
77$123,264,951$10,067,575$3,667,487$88,074,647
78$135,694,508$10,417,418$3,646,879$96,758,583
79$149,387,360$10,779,884$3,621,062$106,320,573
80$164,472,222$11,155,449$3,589,719$116,849,990
81$181,090,931$11,544,609$3,552,517$128,445,318
82$199,399,789$11,947,877$3,509,109$141,215,081
83$219,571,034$12,365,790$3,459,130$155,278,870
84$241,794,468$12,798,903$3,402,200$170,768,467
85$266,279,250$13,247,794$3,337,919$187,829,093
86$293,255,864$13,713,067$3,265,870$206,620,776
87$322,978,300$14,195,346$3,185,616$227,319,861
88$355,726,451$14,695,282$3,096,698$250,120,676
89$391,808,751$15,213,553$2,998,639$275,237,365
90$431,565,089$15,750,862$2,890,939$302,905,910
91$475,370,016$16,307,942$2,773,073$333,386,358
92$523,636,283$16,885,556$2,644,496$366,965,272
93$576,818,732$17,484,497$2,504,635$403,958,443
94$635,418,595$18,105,590$2,352,893$444,713,864
95$699,988,221$18,749,693$2,188,644$489,615,018
96$771,136,292$19,417,700$2,011,236$539,084,498
97$849,533,568$20,110,542$1,819,987$593,587,995
98$935,919,220$20,829,186$1,614,184$653,638,694
99$1,031,107,805$21,574,641$1,393,084$719,802,116
100$1,135,996,957$22,347,955$1,155,909$792,701,463