Can I retire at age 35 with 2,370,000?

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 $2,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$195,712$193,969$192,268$190,608$188,987$185,933
2 years$96,887$95,083$93,334$91,639$89,994$86,925
3 years$63,950$62,138$60,393$58,714$57,096$54,108
4 years$47,484$45,678$43,951$42,300$40,721$37,838
5 years$37,608$35,812$34,108$32,490$30,956$28,184
6 years$31,025$29,243$27,564$25,983$24,494$21,838
7 years$26,326$24,558$22,906$21,362$19,920$17,381
8 years$22,802$21,051$19,426$17,920$16,526$14,103
9 years$20,064$18,329$16,732$15,264$13,917$11,608
10 years$17,874$16,156$14,587$13,158$11,858$9,662
11 years$16,083$14,383$12,842$11,451$10,198$8,113
12 years$14,592$12,909$11,397$10,044$8,838$6,860
13 years$13,332$11,666$10,183$8,867$7,707$5,834
14 years$12,252$10,604$9,149$7,872$6,756$4,985
15 years$11,317$9,687$8,260$7,020$5,948$4,276
16 years$10,500$8,888$7,489$6,286$5,257$3,680
17 years$9,780$8,185$6,815$5,648$4,661$3,175
18 years$9,140$7,564$6,221$5,090$4,145$2,747
19 years$8,569$7,010$5,695$4,599$3,694$2,381
20 years$8,055$6,514$5,227$4,165$3,300$2,067
21 years$7,591$6,067$4,808$3,780$2,953$1,797
22 years$7,169$5,664$4,431$3,437$2,647$1,564
23 years$6,785$5,297$4,091$3,130$2,376$1,363
24 years$6,433$4,963$3,784$2,855$2,136$1,189
25 years$6,110$4,658$3,504$2,607$1,922$1,038
26 years$5,813$4,377$3,250$2,384$1,731$907
27 years$5,537$4,120$3,018$2,182$1,561$793
28 years$5,282$3,882$2,806$1,999$1,408$694
29 years$5,045$3,662$2,611$1,833$1,272$607
30 years$4,824$3,458$2,432$1,683$1,149$531
31 years$4,618$3,269$2,267$1,545$1,039$465
32 years$4,425$3,094$2,115$1,420$940$408
33 years$4,244$2,930$1,975$1,306$850$357
34 years$4,074$2,777$1,845$1,202$770$313
35 years$3,915$2,634$1,725$1,106$697$275
36 years$3,764$2,500$1,614$1,019$632$241
37 years$3,622$2,374$1,511$939$573$211
38 years$3,488$2,256$1,415$865$519$185
39 years$3,361$2,145$1,325$798$471$162
40 years$3,240$2,041$1,242$736$427$142
41 years$3,126$1,943$1,165$679$387$125
42 years$3,017$1,851$1,093$626$352$110
43 years$2,914$1,763$1,025$578$319$96
44 years$2,816$1,681$963$534$290$84
45 years$2,722$1,603$904$493$263$74
46 years$2,633$1,529$849$456$239$65
47 years$2,548$1,459$797$421$217$57
48 years$2,466$1,393$749$389$197$50
49 years$2,388$1,330$704$359$179$44
50 years$2,314$1,271$662$332$162$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,370,000, adding $5,390 every year, while hoping to spend $59,227 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: 59/34/7 Blend
34$2,370,000$2,370,000$2,370,000$2,370,000
35$2,617,300$2,491,690$2,454,955$2,767,566
36$2,821,247$2,550,766$2,474,179$2,928,059
37$3,044,012$2,610,751$2,492,062$3,095,742
38$3,287,452$2,671,628$2,508,496$3,277,085
39$3,553,610$2,733,376$2,523,369$3,473,402
40$3,844,738$2,795,971$2,536,561$3,686,140
41$4,163,314$2,859,386$2,547,949$3,916,891
42$4,512,067$2,923,591$2,557,399$4,167,409
43$4,894,001$2,988,550$2,564,776$4,439,626
44$5,312,426$3,054,226$2,569,933$4,735,670
45$5,770,986$3,120,576$2,572,718$5,057,885
46$6,273,696$3,187,553$2,572,973$5,408,850
47$6,824,975$3,255,105$2,570,530$5,791,412
48$7,429,692$3,323,175$2,565,213$6,208,701
49$8,093,211$3,391,701$2,556,837$6,664,170
50$8,821,437$3,460,613$2,545,210$7,161,621
51$9,620,879$3,529,838$2,530,130$7,705,243
52$10,498,702$3,599,294$2,511,383$8,299,653
53$11,462,803$3,668,893$2,488,748$8,949,936
54$12,521,880$3,738,539$2,461,991$9,661,696
55$13,685,513$3,808,129$2,430,869$10,441,110
56$14,964,258$3,877,550$2,395,126$11,294,982
57$16,369,744$3,946,682$2,354,495$12,230,810
58$17,914,782$4,015,394$2,308,695$13,256,858
59$19,613,487$4,083,545$2,257,433$14,382,232
60$21,481,409$4,150,985$2,200,403$15,616,965
61$23,535,680$4,217,551$2,137,284$16,972,117
62$25,795,177$4,283,068$2,067,741$18,459,874
63$28,280,696$4,347,350$1,991,421$20,093,667
64$31,015,153$4,410,195$1,907,959$21,888,295
65$34,023,793$4,471,390$1,816,971$23,860,071
66$37,334,435$4,530,703$1,718,055$26,026,969
67$40,977,730$4,587,890$1,610,792$28,408,801
68$44,987,449$4,642,686$1,494,743$31,027,399
69$49,400,803$4,694,813$1,369,452$33,906,826
70$54,258,796$4,743,970$1,234,440$37,073,598
71$59,606,607$4,789,838$1,089,207$40,556,940
72$65,494,016$4,832,075$933,231$44,389,062
73$71,975,879$4,870,320$765,967$48,605,459
74$79,112,637$4,904,185$586,846$53,245,252
75$86,970,895$4,933,258$395,274$58,351,555
76$95,624,041$4,957,103$190,631$63,971,884
77$105,152,945$4,975,253$0$70,158,606
78$115,646,717$4,987,212$0$76,971,507
79$127,203,552$4,992,455$0$84,487,450
80$139,931,651$4,990,422$0$92,762,332
81$153,950,246$4,980,519$0$101,873,464
82$169,390,724$4,962,117$0$111,906,045
83$186,397,863$4,934,546$0$122,953,969
84$205,131,202$4,897,096$0$135,120,713
85$225,766,546$4,849,015$0$148,520,313
86$248,497,622$4,789,505$0$163,278,441
87$273,537,909$4,717,720$0$179,533,596
88$301,122,651$4,632,764$0$197,438,409
89$331,511,079$4,533,687$0$217,161,089
90$364,988,855$4,419,484$0$238,887,008
91$401,870,769$4,289,089$0$262,820,456
92$442,503,709$4,141,376$0$289,186,573
93$487,269,937$3,975,152$0$318,233,470
94$536,590,690$3,789,155$0$350,234,580
95$590,930,167$3,582,050$0$385,491,236
96$650,799,897$3,352,423$0$424,335,524
97$716,763,578$3,098,784$0$467,133,414
98$789,442,390$2,819,551$0$514,288,223
99$869,520,862$2,513,058$0$566,244,423
100$957,753,332$2,177,539$0$623,491,840