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

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 $2,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$195,712$193,969$192,268$190,608$188,987$186,240
2 years$96,887$95,083$93,334$91,639$89,994$87,232
3 years$63,950$62,138$60,393$58,714$57,096$54,405
4 years$47,484$45,678$43,951$42,300$40,721$38,122
5 years$37,608$35,812$34,108$32,490$30,956$28,456
6 years$31,025$29,243$27,564$25,983$24,494$22,097
7 years$26,326$24,558$22,906$21,362$19,920$17,626
8 years$22,802$21,051$19,426$17,920$16,526$14,334
9 years$20,064$18,329$16,732$15,264$13,917$11,827
10 years$17,874$16,156$14,587$13,158$11,858$9,868
11 years$16,083$14,383$12,842$11,451$10,198$8,307
12 years$14,592$12,909$11,397$10,044$8,838$7,042
13 years$13,332$11,666$10,183$8,867$7,707$6,004
14 years$12,252$10,604$9,149$7,872$6,756$5,144
15 years$11,317$9,687$8,260$7,020$5,948$4,425
16 years$10,500$8,888$7,489$6,286$5,257$3,818
17 years$9,780$8,185$6,815$5,648$4,661$3,304
18 years$9,140$7,564$6,221$5,090$4,145$2,867
19 years$8,569$7,010$5,695$4,599$3,694$2,492
20 years$8,055$6,514$5,227$4,165$3,300$2,170
21 years$7,591$6,067$4,808$3,780$2,953$1,892
22 years$7,169$5,664$4,431$3,437$2,647$1,653
23 years$6,785$5,297$4,091$3,130$2,376$1,445
24 years$6,433$4,963$3,784$2,855$2,136$1,264
25 years$6,110$4,658$3,504$2,607$1,922$1,107
26 years$5,813$4,377$3,250$2,384$1,731$970
27 years$5,537$4,120$3,018$2,182$1,561$851
28 years$5,282$3,882$2,806$1,999$1,408$747
29 years$5,045$3,662$2,611$1,833$1,272$656
30 years$4,824$3,458$2,432$1,683$1,149$576
31 years$4,618$3,269$2,267$1,545$1,039$506
32 years$4,425$3,094$2,115$1,420$940$445
33 years$4,244$2,930$1,975$1,306$850$391
34 years$4,074$2,777$1,845$1,202$770$344
35 years$3,915$2,634$1,725$1,106$697$303
36 years$3,764$2,500$1,614$1,019$632$266
37 years$3,622$2,374$1,511$939$573$234
38 years$3,488$2,256$1,415$865$519$206
39 years$3,361$2,145$1,325$798$471$181
40 years$3,240$2,041$1,242$736$427$160
41 years$3,126$1,943$1,165$679$387$141
42 years$3,017$1,851$1,093$626$352$124
43 years$2,914$1,763$1,025$578$319$109
44 years$2,816$1,681$963$534$290$96
45 years$2,722$1,603$904$493$263$85
46 years$2,633$1,529$849$456$239$74
47 years$2,548$1,459$797$421$217$66
48 years$2,466$1,393$749$389$197$58
49 years$2,388$1,330$704$359$179$51
50 years$2,314$1,271$662$332$162$45

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 $6,967 every year, while hoping to spend $44,904 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: 66/23/11 Blend
34$2,370,000$2,370,000$2,370,000$2,370,000
35$2,618,926$2,493,316$2,456,581$2,785,045
36$2,838,279$2,567,711$2,491,099$2,970,981
37$3,078,501$2,644,247$2,525,269$3,168,173
38$3,341,674$2,722,980$2,559,030$3,382,545
39$3,630,088$2,803,970$2,592,322$3,615,772
40$3,946,269$2,887,276$2,625,077$3,869,696
41$4,292,997$2,972,961$2,657,225$4,146,346
42$4,673,334$3,061,087$2,688,693$4,447,956
43$5,090,652$3,151,719$2,719,402$4,776,987
44$5,548,666$3,244,921$2,749,270$5,136,147
45$6,051,470$3,340,761$2,778,210$5,528,418
46$6,603,569$3,439,308$2,806,130$5,957,085
47$7,209,931$3,540,632$2,832,933$6,425,766
48$7,876,025$3,644,804$2,858,517$6,938,446
49$8,607,876$3,751,896$2,882,774$7,499,512
50$9,412,124$3,861,984$2,905,592$8,113,798
51$10,296,083$3,975,143$2,926,851$8,786,628
52$11,267,808$4,091,450$2,946,425$9,523,867
53$12,336,177$4,210,984$2,964,184$10,331,976
54$13,510,971$4,333,825$2,979,987$11,218,071
55$14,802,963$4,460,056$2,993,690$12,189,992
56$16,224,025$4,589,759$3,005,138$13,256,378
57$17,787,237$4,723,018$3,014,172$14,426,742
58$19,507,011$4,859,921$3,020,622$15,711,569
59$21,399,223$5,000,555$3,024,310$17,122,408
60$23,481,370$5,145,008$3,025,051$18,671,984
61$25,772,728$5,293,372$3,022,648$20,374,317
62$28,294,536$5,445,737$3,016,897$22,244,855
63$31,070,198$5,602,198$3,007,582$24,300,618
64$34,125,501$5,762,848$2,994,479$26,560,357
65$37,488,858$5,927,783$2,977,350$29,044,735
66$41,191,578$6,097,101$2,955,947$31,776,520
67$45,268,159$6,270,899$2,930,012$34,780,797
68$49,756,616$6,449,278$2,899,271$38,085,208
69$54,698,835$6,632,336$2,863,441$41,720,209
70$60,140,972$6,820,176$2,822,222$45,719,363
71$66,133,886$7,012,901$2,775,302$50,119,650
72$72,733,622$7,210,613$2,722,354$54,961,819
73$80,001,935$7,413,416$2,663,036$60,290,773
74$88,006,874$7,621,415$2,596,990$66,155,991
75$96,823,427$7,834,716$2,523,840$72,611,996
76$106,534,223$8,053,423$2,443,196$79,718,866
77$117,230,317$8,277,644$2,354,646$87,542,808
78$129,012,044$8,507,484$2,257,762$96,156,775
79$141,989,972$8,743,050$2,152,096$105,641,159
80$156,285,937$8,984,447$2,037,179$116,084,548
81$172,034,199$9,231,782$1,912,521$127,584,562
82$189,382,708$9,485,160$1,777,611$140,248,775
83$208,494,497$9,744,685$1,631,914$154,195,729
84$229,549,223$10,010,462$1,474,871$169,556,055
85$252,744,863$10,282,593$1,305,897$186,473,703
86$278,299,578$10,561,180$1,124,384$205,107,304
87$306,453,779$10,846,322$929,695$225,631,664
88$337,472,389$11,138,116$721,164$248,239,416
89$371,647,347$11,436,658$498,098$273,142,838
90$409,300,364$11,742,042$259,771$300,575,856
91$450,785,955$12,054,356$5,428$330,796,255
92$496,494,791$12,373,688$0$364,088,106
93$546,857,381$12,700,120$0$400,795,677
94$602,348,139$13,033,731$0$441,235,429
95$663,489,861$13,374,595$0$485,786,981
96$730,858,658$13,722,781$0$534,869,366
97$805,089,396$14,078,353$0$588,944,351
98$886,881,689$14,441,366$0$648,520,793
99$977,006,500$14,811,873$0$714,159,439
100$1,076,313,424$15,189,915$0$786,478,228