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%11%
1 years$195,712$193,969$192,268$190,608$188,987$188,191
2 years$96,887$95,083$93,334$91,639$89,994$89,190
3 years$63,950$62,138$60,393$58,714$57,096$56,309
4 years$47,484$45,678$43,951$42,300$40,721$39,958
5 years$37,608$35,812$34,108$32,490$30,956$30,218
6 years$31,025$29,243$27,564$25,983$24,494$23,783
7 years$26,326$24,558$22,906$21,362$19,920$19,236
8 years$22,802$21,051$19,426$17,920$16,526$15,868
9 years$20,064$18,329$16,732$15,264$13,917$13,287
10 years$17,874$16,156$14,587$13,158$11,858$11,254
11 years$16,083$14,383$12,842$11,451$10,198$9,621
12 years$14,592$12,909$11,397$10,044$8,838$8,286
13 years$13,332$11,666$10,183$8,867$7,707$7,180
14 years$12,252$10,604$9,149$7,872$6,756$6,253
15 years$11,317$9,687$8,260$7,020$5,948$5,470
16 years$10,500$8,888$7,489$6,286$5,257$4,802
17 years$9,780$8,185$6,815$5,648$4,661$4,229
18 years$9,140$7,564$6,221$5,090$4,145$3,734
19 years$8,569$7,010$5,695$4,599$3,694$3,305
20 years$8,055$6,514$5,227$4,165$3,300$2,931
21 years$7,591$6,067$4,808$3,780$2,953$2,604
22 years$7,169$5,664$4,431$3,437$2,647$2,317
23 years$6,785$5,297$4,091$3,130$2,376$2,065
24 years$6,433$4,963$3,784$2,855$2,136$1,842
25 years$6,110$4,658$3,504$2,607$1,922$1,645
26 years$5,813$4,377$3,250$2,384$1,731$1,470
27 years$5,537$4,120$3,018$2,182$1,561$1,315
28 years$5,282$3,882$2,806$1,999$1,408$1,178
29 years$5,045$3,662$2,611$1,833$1,272$1,055
30 years$4,824$3,458$2,432$1,683$1,149$946
31 years$4,618$3,269$2,267$1,545$1,039$848
32 years$4,425$3,094$2,115$1,420$940$761
33 years$4,244$2,930$1,975$1,306$850$683
34 years$4,074$2,777$1,845$1,202$770$613
35 years$3,915$2,634$1,725$1,106$697$551
36 years$3,764$2,500$1,614$1,019$632$495
37 years$3,622$2,374$1,511$939$573$445
38 years$3,488$2,256$1,415$865$519$400
39 years$3,361$2,145$1,325$798$471$360
40 years$3,240$2,041$1,242$736$427$323
41 years$3,126$1,943$1,165$679$387$291
42 years$3,017$1,851$1,093$626$352$262
43 years$2,914$1,763$1,025$578$319$236
44 years$2,816$1,681$963$534$290$212
45 years$2,722$1,603$904$493$263$191
46 years$2,633$1,529$849$456$239$172
47 years$2,548$1,459$797$421$217$155
48 years$2,466$1,393$749$389$197$139
49 years$2,388$1,330$704$359$179$125
50 years$2,314$1,271$662$332$162$113

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 $5,881 every year, while hoping to spend $50,297 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: 76/16/8 Blend
34$2,370,000$2,370,000$2,370,000$2,370,000
35$2,617,806$2,492,196$2,455,461$2,813,239
36$2,831,307$2,560,798$2,484,204$3,011,186
37$3,064,899$2,631,076$2,512,223$3,221,084
38$3,320,578$2,703,059$2,539,442$3,449,706
39$3,600,543$2,776,775$2,565,780$3,698,891
40$3,907,215$2,852,253$2,591,150$3,970,663
41$4,243,259$2,929,521$2,615,461$4,267,253
42$4,611,610$3,008,606$2,638,618$4,591,116
43$5,015,503$3,089,537$2,660,520$4,944,958
44$5,458,498$3,172,338$2,681,062$5,331,755
45$5,944,519$3,257,036$2,700,131$5,754,790
46$6,477,885$3,343,656$2,717,611$6,217,674
47$7,063,356$3,432,222$2,733,377$6,724,389
48$7,706,174$3,522,756$2,747,301$7,279,317
49$8,412,113$3,615,281$2,759,245$7,887,287
50$9,187,535$3,709,816$2,769,066$8,553,620
51$10,039,448$3,806,382$2,776,614$9,284,175
52$10,975,572$3,904,995$2,781,731$10,085,408
53$12,004,412$4,005,671$2,784,250$10,964,431
54$13,135,337$4,108,424$2,783,998$11,929,080
55$14,378,670$4,213,266$2,780,791$12,987,988
56$15,745,785$4,320,206$2,774,438$14,150,665
57$17,249,211$4,429,252$2,764,737$15,427,590
58$18,902,753$4,540,408$2,751,478$16,830,309
59$20,721,621$4,653,675$2,734,440$18,371,544
60$22,722,574$4,769,053$2,713,391$20,065,309
61$24,924,075$4,886,535$2,688,088$21,927,049
62$27,346,469$5,006,113$2,658,278$23,973,779
63$30,012,171$5,127,775$2,623,693$26,224,251
64$32,945,880$5,251,504$2,584,054$28,699,124
65$36,174,811$5,377,279$2,539,071$31,421,162
66$39,728,949$5,505,072$2,488,437$34,415,451
67$43,641,334$5,634,854$2,431,832$37,709,631
68$47,948,374$5,766,585$2,368,922$41,334,159
69$52,690,184$5,900,224$2,299,357$45,322,598
70$57,910,967$6,035,719$2,222,770$49,711,931
71$63,659,432$6,173,015$2,138,779$54,542,911
72$69,989,248$6,312,048$2,046,982$59,860,444
73$76,959,558$6,452,744$1,946,962$65,714,015
74$84,635,528$6,595,024$1,838,281$72,158,156
75$93,088,969$6,738,797$1,720,480$79,252,955
76$102,399,011$6,883,965$1,593,083$87,064,631
77$112,652,848$7,030,417$1,455,590$95,666,150
78$123,946,564$7,178,034$1,307,478$105,137,923
79$136,386,039$7,326,682$1,148,203$115,568,557
80$150,087,942$7,476,217$977,195$127,055,698
81$165,180,841$7,626,481$793,861$139,706,946
82$181,806,410$7,777,302$597,578$153,640,877
83$200,120,766$7,928,492$387,699$168,988,158
84$220,295,945$8,079,849$163,548$185,892,782
85$242,521,522$8,231,152$0$204,513,428
86$267,006,403$8,382,164$0$225,031,418
87$293,980,794$8,532,627$0$247,648,306
88$323,698,374$8,682,266$0$272,562,533
89$356,438,691$8,830,779$0$300,008,175
90$392,509,798$8,977,848$0$330,243,179
91$432,251,159$9,123,124$0$363,551,796
92$476,036,859$9,266,239$0$400,247,265
93$524,279,126$9,406,792$0$440,674,770
94$577,432,230$9,544,358$0$485,214,699
95$635,996,764$9,678,478$0$534,286,233
96$700,524,374$9,808,663$0$588,351,304
97$771,622,962$9,934,389$0$647,918,953
98$849,962,426$10,055,097$0$713,550,141
99$936,280,985$10,170,188$0$785,863,039
100$1,031,392,142$10,279,024$0$865,538,866