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%19.5%
1 years$195,712$193,969$192,268$190,608$188,987$181,776
2 years$96,887$95,083$93,334$91,639$89,994$82,814
3 years$63,950$62,138$60,393$58,714$57,096$50,172
4 years$47,484$45,678$43,951$42,300$40,721$34,107
5 years$37,608$35,812$34,108$32,490$30,956$24,668
6 years$31,025$29,243$27,564$25,983$24,494$18,538
7 years$26,326$24,558$22,906$21,362$19,920$14,293
8 years$22,802$21,051$19,426$17,920$16,526$11,222
9 years$20,064$18,329$16,732$15,264$13,917$8,930
10 years$17,874$16,156$14,587$13,158$11,858$7,178
11 years$16,083$14,383$12,842$11,451$10,198$5,814
12 years$14,592$12,909$11,397$10,044$8,838$4,739
13 years$13,332$11,666$10,183$8,867$7,707$3,881
14 years$12,252$10,604$9,149$7,872$6,756$3,190
15 years$11,317$9,687$8,260$7,020$5,948$2,631
16 years$10,500$8,888$7,489$6,286$5,257$2,175
17 years$9,780$8,185$6,815$5,648$4,661$1,802
18 years$9,140$7,564$6,221$5,090$4,145$1,496
19 years$8,569$7,010$5,695$4,599$3,694$1,243
20 years$8,055$6,514$5,227$4,165$3,300$1,034
21 years$7,591$6,067$4,808$3,780$2,953$862
22 years$7,169$5,664$4,431$3,437$2,647$718
23 years$6,785$5,297$4,091$3,130$2,376$599
24 years$6,433$4,963$3,784$2,855$2,136$500
25 years$6,110$4,658$3,504$2,607$1,922$417
26 years$5,813$4,377$3,250$2,384$1,731$349
27 years$5,537$4,120$3,018$2,182$1,561$291
28 years$5,282$3,882$2,806$1,999$1,408$243
29 years$5,045$3,662$2,611$1,833$1,272$203
30 years$4,824$3,458$2,432$1,683$1,149$170
31 years$4,618$3,269$2,267$1,545$1,039$142
32 years$4,425$3,094$2,115$1,420$940$119
33 years$4,244$2,930$1,975$1,306$850$99
34 years$4,074$2,777$1,845$1,202$770$83
35 years$3,915$2,634$1,725$1,106$697$70
36 years$3,764$2,500$1,614$1,019$632$58
37 years$3,622$2,374$1,511$939$573$49
38 years$3,488$2,256$1,415$865$519$41
39 years$3,361$2,145$1,325$798$471$34
40 years$3,240$2,041$1,242$736$427$29
41 years$3,126$1,943$1,165$679$387$24
42 years$3,017$1,851$1,093$626$352$20
43 years$2,914$1,763$1,025$578$319$17
44 years$2,816$1,681$963$534$290$14
45 years$2,722$1,603$904$493$263$12
46 years$2,633$1,529$849$456$239$10
47 years$2,548$1,459$797$421$217$8
48 years$2,466$1,393$749$389$197$7
49 years$2,388$1,330$704$359$179$6
50 years$2,314$1,271$662$332$162$5

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 $4,623 every year, while hoping to spend $56,993 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: 72/11/17 Blend
34$2,370,000$2,370,000$2,370,000$2,370,000
35$2,616,509$2,490,899$2,454,164$2,794,249
36$2,822,752$2,552,313$2,475,738$2,974,296
37$3,048,123$2,614,826$2,496,125$3,164,071
38$3,294,511$2,678,431$2,515,225$3,370,427
39$3,563,998$2,743,122$2,532,932$3,594,996
40$3,858,876$2,808,885$2,549,135$3,839,577
41$4,181,670$2,875,709$2,563,719$4,106,150
42$4,535,158$2,943,576$2,576,562$4,396,898
43$4,922,400$3,012,468$2,587,533$4,714,223
44$5,346,769$3,082,362$2,596,499$5,060,775
45$5,811,974$3,153,233$2,603,317$5,439,470
46$6,322,106$3,225,052$2,607,838$5,853,524
47$6,881,666$3,297,785$2,609,906$6,306,477
48$7,495,615$3,371,395$2,609,357$6,802,233
49$8,169,414$3,445,840$2,606,017$7,345,091
50$8,909,083$3,521,075$2,599,707$7,939,788
51$9,721,249$3,597,047$2,590,237$8,591,545
52$10,613,215$3,673,701$2,577,408$9,306,114
53$11,593,024$3,750,973$2,561,012$10,089,834
54$12,669,536$3,828,795$2,540,830$10,949,690
55$13,852,515$3,907,092$2,516,634$11,893,379
56$15,152,714$3,985,782$2,488,184$12,929,381
57$16,581,982$4,064,776$2,455,229$14,067,045
58$18,153,371$4,143,977$2,417,507$15,316,669
59$19,881,263$4,223,280$2,374,741$16,689,604
60$21,781,502$4,302,571$2,326,645$18,198,358
61$23,871,544$4,381,725$2,272,916$19,856,714
62$26,170,622$4,460,611$2,213,240$21,679,864
63$28,699,929$4,539,084$2,147,286$23,684,545
64$31,482,811$4,616,989$2,074,710$25,889,207
65$34,544,996$4,694,159$1,995,151$28,314,178
66$37,914,828$4,770,415$1,908,230$30,981,862
67$41,623,539$4,845,564$1,813,555$33,916,949
68$45,705,543$4,919,400$1,710,712$37,146,647
69$50,198,758$4,991,700$1,599,271$40,700,942
70$55,144,965$5,062,227$1,478,780$44,612,879
71$60,590,203$5,130,728$1,348,770$48,918,874
72$66,585,198$5,196,928$1,208,749$53,659,059
73$73,185,850$5,260,539$1,058,204$58,877,663
74$80,453,750$5,321,249$896,597$64,623,426
75$88,456,769$5,378,726$723,369$70,950,063
76$97,269,692$5,432,617$537,935$77,916,769
77$106,974,930$5,482,544$339,685$85,588,781
78$117,663,289$5,528,105$127,981$94,037,990
79$129,434,834$5,568,872$0$103,343,626
80$142,399,828$5,604,387$0$113,610,770
81$156,679,774$5,634,166$0$124,943,805
82$172,408,563$5,657,692$0$137,425,666
83$189,733,732$5,674,415$0$151,173,353
84$208,817,863$5,683,752$0$166,315,795
85$229,840,112$5,685,082$0$182,995,070
86$252,997,898$5,677,746$0$201,367,741
87$278,508,773$5,661,045$0$221,606,342
88$306,612,467$5,634,235$0$243,900,996
89$337,573,156$5,596,530$0$268,461,221
90$371,681,950$5,547,093$0$295,517,897
91$409,259,647$5,485,038$0$325,325,454
92$450,659,752$5,409,425$0$358,164,270
93$496,271,819$5,319,260$0$394,343,315
94$546,525,128$5,213,487$0$434,203,075
95$601,892,732$5,090,988$0$478,118,760
96$662,895,926$4,950,582$0$526,503,847
97$730,109,165$4,791,015$0$579,813,987
98$804,165,486$4,610,962$0$638,551,304
99$885,762,486$4,409,019$0$703,269,134
100$975,668,902$4,183,704$0$774,577,253