Can I retire at age 35 with 2,380,000?

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 $2,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$196,538$194,788$193,080$191,412$189,785$187,646
2 years$97,296$95,484$93,728$92,025$90,374$88,221
3 years$64,220$62,400$60,648$58,961$57,337$55,237
4 years$47,685$45,871$44,136$42,478$40,893$38,862
5 years$37,766$35,963$34,252$32,627$31,086$29,130
6 years$31,156$29,367$27,680$26,092$24,597$22,718
7 years$26,437$24,662$23,003$21,452$20,004$18,202
8 years$22,899$21,140$19,508$17,996$16,596$14,871
9 years$20,148$18,406$16,802$15,328$13,976$12,328
10 years$17,949$16,224$14,649$13,213$11,908$10,337
11 years$16,151$14,443$12,896$11,499$10,241$8,744
12 years$14,654$12,964$11,445$10,086$8,875$7,451
13 years$13,388$11,715$10,226$8,905$7,739$6,386
14 years$12,304$10,649$9,188$7,905$6,784$5,500
15 years$11,365$9,728$8,295$7,050$5,973$4,757
16 years$10,544$8,925$7,521$6,312$5,279$4,128
17 years$9,821$8,220$6,844$5,671$4,681$3,593
18 years$9,179$7,595$6,247$5,111$4,162$3,135
19 years$8,605$7,039$5,719$4,618$3,710$2,741
20 years$8,089$6,541$5,249$4,183$3,314$2,401
21 years$7,623$6,093$4,828$3,796$2,965$2,106
22 years$7,199$5,688$4,450$3,452$2,658$1,851
23 years$6,814$5,319$4,108$3,143$2,386$1,628
24 years$6,460$4,984$3,800$2,867$2,145$1,433
25 years$6,136$4,677$3,519$2,618$1,930$1,263
26 years$5,837$4,396$3,264$2,394$1,738$1,114
27 years$5,561$4,137$3,031$2,191$1,567$983
28 years$5,305$3,898$2,818$2,008$1,414$869
29 years$5,066$3,678$2,622$1,841$1,277$768
30 years$4,845$3,473$2,442$1,690$1,154$679
31 years$4,638$3,283$2,277$1,552$1,043$600
32 years$4,444$3,107$2,124$1,426$944$531
33 years$4,262$2,942$1,983$1,311$854$470
34 years$4,092$2,788$1,853$1,207$773$416
35 years$3,931$2,645$1,733$1,111$700$369
36 years$3,780$2,510$1,621$1,023$634$326
37 years$3,637$2,384$1,517$943$575$289
38 years$3,502$2,266$1,421$869$521$256
39 years$3,375$2,155$1,331$801$473$227
40 years$3,254$2,050$1,248$739$429$201
41 years$3,139$1,951$1,170$682$389$178
42 years$3,030$1,858$1,097$629$353$158
43 years$2,926$1,771$1,030$581$320$140
44 years$2,828$1,688$967$536$291$124
45 years$2,734$1,609$908$495$264$110
46 years$2,644$1,535$852$457$240$98
47 years$2,559$1,465$801$423$218$87
48 years$2,477$1,399$753$391$198$77
49 years$2,399$1,336$707$361$180$68
50 years$2,324$1,276$665$334$163$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,380,000, adding $4,946 every year, while hoping to spend $35,920 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: 63/21/16 Blend
34$2,380,000$2,380,000$2,380,000$2,380,000
35$2,627,862$2,501,722$2,464,832$2,782,701
36$2,857,685$2,586,088$2,509,185$2,971,639
37$3,109,746$2,673,383$2,553,820$3,173,342
38$3,386,276$2,763,715$2,598,709$3,392,747
39$3,689,731$2,857,192$2,643,820$3,631,578
40$4,022,817$2,953,928$2,689,122$3,891,733
41$4,388,515$3,054,041$2,734,578$4,175,301
42$4,790,109$3,157,653$2,780,151$4,484,585
43$5,231,215$3,264,893$2,825,801$4,822,115
44$5,715,817$3,375,892$2,871,484$5,190,681
45$6,248,307$3,490,786$2,917,155$5,593,353
46$6,833,518$3,609,719$2,962,764$6,033,511
47$7,476,780$3,732,839$3,008,260$6,514,878
48$8,183,961$3,860,297$3,053,586$7,041,554
49$8,961,528$3,992,254$3,098,684$7,618,053
50$9,816,605$4,128,876$3,143,491$8,249,348
51$10,757,041$4,270,334$3,187,940$8,940,916
52$11,791,485$4,416,805$3,231,962$9,698,788
53$12,929,465$4,568,477$3,275,481$10,529,608
54$14,181,479$4,725,541$3,318,418$11,440,694
55$15,559,094$4,888,197$3,360,690$12,440,107
56$17,075,056$5,056,653$3,402,207$13,536,726
57$18,743,408$5,231,125$3,442,877$14,740,335
58$20,579,622$5,411,837$3,482,600$16,061,707
59$22,600,748$5,599,022$3,521,272$17,512,714
60$24,825,573$5,792,922$3,558,783$19,106,434
61$27,274,795$5,993,789$3,595,016$20,857,274
62$29,971,224$6,201,885$3,629,849$22,781,107
63$32,939,992$6,417,480$3,663,152$24,895,420
64$36,208,793$6,640,859$3,694,789$27,219,480
65$39,808,143$6,872,314$3,724,618$29,774,514
66$43,771,668$7,112,151$3,752,486$32,583,909
67$48,136,419$7,360,688$3,778,236$35,673,433
68$52,943,226$7,618,254$3,801,699$39,071,478
69$58,237,080$7,885,193$3,822,701$42,809,325
70$64,067,557$8,161,862$3,841,056$46,921,442
71$70,489,286$8,448,632$3,856,570$51,445,806
72$77,562,467$8,745,889$3,869,039$56,424,262
73$85,353,436$9,054,035$3,878,249$61,902,919
74$93,935,291$9,373,487$3,883,975$67,932,579
75$103,388,583$9,704,680$3,885,981$74,569,225
76$113,802,076$10,048,067$3,884,018$81,874,539
77$125,273,582$10,404,116$3,877,827$89,916,490
78$137,910,889$10,773,319$3,867,135$98,769,973
79$151,832,771$11,156,184$3,851,656$108,517,515
80$167,170,117$11,553,240$3,831,090$119,250,052
81$184,067,161$11,965,041$3,805,123$131,067,792
82$202,682,842$12,392,158$3,773,426$144,081,151
83$223,192,309$12,835,191$3,735,652$158,411,804
84$245,788,569$13,294,760$3,691,442$174,193,825
85$270,684,313$13,771,514$3,640,415$191,574,957
86$298,113,921$14,266,125$3,582,177$210,718,004
87$328,335,673$14,779,297$3,516,311$231,802,365
88$361,634,188$15,311,759$3,442,384$255,025,732
89$398,323,112$15,864,273$3,359,942$280,605,948
90$438,748,078$16,437,630$3,268,508$308,783,068
91$483,289,964$17,032,656$3,167,585$339,821,621
92$532,368,494$17,650,211$3,056,653$374,013,108
93$586,446,198$18,291,188$2,935,168$411,678,753
94$646,032,775$18,956,521$2,802,561$453,172,531
95$711,689,908$19,647,181$2,658,237$498,884,514
96$784,036,565$20,364,179$2,501,574$549,244,546
97$863,754,841$21,108,571$2,331,924$604,726,304
98$951,596,398$21,881,454$2,148,606$665,851,766
99$1,048,389,558$22,683,972$1,950,912$733,196,139
100$1,155,047,126$23,517,320$1,738,101$807,393,289