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

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 $2,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$194,887$193,151$191,457$189,804$188,190$185,684
2 years$96,479$94,682$92,940$91,252$89,614$87,094
3 years$63,680$61,876$60,139$58,466$56,855$54,398
4 years$47,284$45,485$43,765$42,121$40,549$38,175
5 years$37,449$35,661$33,964$32,353$30,825$28,540
6 years$30,895$29,120$27,448$25,873$24,391$22,198
7 years$26,215$24,455$22,809$21,272$19,836$17,737
8 years$22,706$20,962$19,344$17,844$16,456$14,449
9 years$19,979$18,251$16,661$15,199$13,858$11,943
10 years$17,798$16,088$14,525$13,102$11,808$9,983
11 years$16,015$14,322$12,788$11,403$10,155$8,419
12 years$14,531$12,855$11,349$10,002$8,800$7,151
13 years$13,275$11,617$10,140$8,830$7,674$6,109
14 years$12,200$10,559$9,110$7,838$6,727$5,245
15 years$11,269$9,646$8,226$6,990$5,923$4,520
16 years$10,456$8,850$7,458$6,259$5,235$3,909
17 years$9,738$8,151$6,786$5,624$4,642$3,390
18 years$9,102$7,532$6,195$5,068$4,127$2,947
19 years$8,532$6,980$5,671$4,580$3,679$2,568
20 years$8,021$6,486$5,205$4,148$3,286$2,241
21 years$7,559$6,042$4,787$3,764$2,940$1,959
22 years$7,139$5,640$4,412$3,423$2,636$1,714
23 years$6,756$5,275$4,074$3,117$2,366$1,502
24 years$6,406$4,942$3,768$2,843$2,127$1,318
25 years$6,084$4,638$3,490$2,596$1,914$1,157
26 years$5,788$4,359$3,236$2,374$1,724$1,016
27 years$5,514$4,102$3,005$2,173$1,554$893
28 years$5,260$3,866$2,794$1,991$1,402$786
29 years$5,024$3,647$2,600$1,826$1,266$692
30 years$4,804$3,444$2,422$1,675$1,144$609
31 years$4,599$3,256$2,258$1,539$1,034$536
32 years$4,407$3,080$2,106$1,414$936$473
33 years$4,226$2,917$1,967$1,300$847$417
34 years$4,057$2,765$1,838$1,197$767$367
35 years$3,898$2,622$1,718$1,101$694$324
36 years$3,748$2,489$1,607$1,014$629$286
37 years$3,607$2,364$1,504$935$570$252
38 years$3,473$2,247$1,409$862$517$222
39 years$3,346$2,136$1,320$794$469$196
40 years$3,226$2,033$1,237$733$425$173
41 years$3,113$1,935$1,160$676$386$153
42 years$3,005$1,843$1,088$624$350$135
43 years$2,902$1,756$1,021$576$318$119
44 years$2,804$1,674$958$532$288$105
45 years$2,711$1,596$900$491$262$93
46 years$2,622$1,522$845$454$238$82
47 years$2,537$1,453$794$419$216$72
48 years$2,456$1,387$746$387$196$64
49 years$2,378$1,324$701$358$178$56
50 years$2,304$1,265$659$331$162$50

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 $6,748 every year, while hoping to spend $27,629 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: 65/7/28 Blend
34$2,360,000$2,360,000$2,360,000$2,360,000
35$2,607,681$2,482,601$2,446,021$2,757,458
36$2,844,267$2,574,851$2,498,565$2,951,780
37$3,104,059$2,670,696$2,551,944$3,160,427
38$3,389,395$2,770,281$2,606,156$3,387,889
39$3,702,850$2,873,762$2,661,199$3,636,022
40$4,047,261$2,981,296$2,717,069$3,906,868
41$4,425,753$3,093,052$2,773,763$4,202,677
42$4,841,770$3,209,202$2,831,274$4,525,927
43$5,299,106$3,329,928$2,889,597$4,879,348
44$5,801,940$3,455,419$2,948,723$5,265,943
45$6,354,875$3,585,872$3,008,644$5,689,023
46$6,962,986$3,721,494$3,069,347$6,152,235
47$7,631,862$3,862,498$3,130,821$6,659,594
48$8,367,660$4,009,109$3,193,052$7,215,523
49$9,177,167$4,161,560$3,256,024$7,824,897
50$10,067,857$4,320,096$3,319,720$8,493,081
51$11,047,968$4,484,970$3,384,120$9,225,991
52$12,126,576$4,656,449$3,449,203$10,030,139
53$13,313,680$4,834,809$3,514,946$10,912,705
54$14,620,301$5,020,340$3,581,322$11,881,592
55$16,058,579$5,213,343$3,648,303$12,945,514
56$17,641,891$5,414,135$3,715,859$14,114,066
57$19,384,980$5,623,043$3,783,956$15,397,823
58$21,304,088$5,840,412$3,852,558$16,808,434
59$23,417,112$6,066,600$3,921,626$18,358,734
60$25,743,776$6,301,981$3,991,119$20,062,867
61$28,305,810$6,546,947$4,060,990$21,936,413
62$31,127,160$6,801,905$4,131,191$23,996,541
63$34,234,214$7,067,282$4,201,670$26,262,170
64$37,656,049$7,343,523$4,272,370$28,754,143
65$41,424,703$7,631,094$4,343,232$31,495,427
66$45,575,485$7,930,479$4,414,192$34,511,330
67$50,147,298$8,242,186$4,485,181$37,829,737
68$55,183,013$8,566,745$4,556,126$41,481,375
69$60,729,874$8,904,709$4,626,950$45,500,100
70$66,839,938$9,256,656$4,697,569$49,923,222
71$73,570,570$9,623,190$4,767,896$54,791,850
72$80,984,985$10,004,943$4,837,837$60,151,284
73$89,152,842$10,402,574$4,907,293$66,051,441
74$98,150,903$10,816,771$4,976,159$72,547,325
75$108,063,757$11,248,255$5,044,322$79,699,550
76$118,984,618$11,697,778$5,111,665$87,574,904
77$131,016,205$12,166,125$5,178,062$96,246,988
78$144,271,712$12,654,119$5,243,381$105,796,904
79$158,875,874$13,162,618$5,307,481$116,314,023
80$174,966,146$13,692,520$5,370,215$127,896,828
81$192,694,002$14,244,762$5,431,426$140,653,842
82$212,226,360$14,820,325$5,490,949$154,704,654
83$233,747,162$15,420,234$5,548,609$170,181,047
84$257,459,108$16,045,561$5,604,222$187,228,240
85$283,585,569$16,697,425$5,657,596$206,006,260
86$312,372,696$17,376,999$5,708,525$226,691,453
87$344,091,745$18,085,505$5,756,794$249,478,146
88$379,041,633$18,824,225$5,802,176$274,580,484
89$417,551,764$19,594,496$5,844,434$302,234,448
90$459,985,137$20,397,720$5,883,315$332,700,085
91$506,741,771$21,235,358$5,918,557$366,263,959
92$558,262,484$22,108,943$5,949,881$403,241,861
93$615,033,051$23,020,075$5,976,995$443,981,785
94$677,588,791$23,970,427$5,999,593$488,867,214
95$746,519,621$24,961,752$6,017,353$538,320,743
96$822,475,624$25,995,879$6,029,936$592,808,062
97$906,173,186$27,074,726$6,036,988$652,842,357
98$998,401,759$28,200,295$6,038,134$718,989,151
99$1,100,031,311$29,374,682$6,032,985$791,871,646
100$1,212,020,544$30,600,081$6,021,129$872,176,600