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

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 $2,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$196,538$194,788$193,080$191,412$189,785$183,709
2 years$97,296$95,484$93,728$92,025$90,374$84,309
3 years$64,220$62,400$60,648$58,961$57,337$51,473
4 years$47,685$45,871$44,136$42,478$40,893$35,275
5 years$37,766$35,963$34,252$32,627$31,086$25,729
6 years$31,156$29,367$27,680$26,092$24,597$19,506
7 years$26,437$24,662$23,003$21,452$20,004$15,178
8 years$22,899$21,140$19,508$17,996$16,596$12,030
9 years$20,148$18,406$16,802$15,328$13,976$9,667
10 years$17,949$16,224$14,649$13,213$11,908$7,849
11 years$16,151$14,443$12,896$11,499$10,241$6,424
12 years$14,654$12,964$11,445$10,086$8,875$5,292
13 years$13,388$11,715$10,226$8,905$7,739$4,382
14 years$12,304$10,649$9,188$7,905$6,784$3,643
15 years$11,365$9,728$8,295$7,050$5,973$3,039
16 years$10,544$8,925$7,521$6,312$5,279$2,542
17 years$9,821$8,220$6,844$5,671$4,681$2,131
18 years$9,179$7,595$6,247$5,111$4,162$1,790
19 years$8,605$7,039$5,719$4,618$3,710$1,505
20 years$8,089$6,541$5,249$4,183$3,314$1,268
21 years$7,623$6,093$4,828$3,796$2,965$1,069
22 years$7,199$5,688$4,450$3,452$2,658$902
23 years$6,814$5,319$4,108$3,143$2,386$762
24 years$6,460$4,984$3,800$2,867$2,145$644
25 years$6,136$4,677$3,519$2,618$1,930$545
26 years$5,837$4,396$3,264$2,394$1,738$461
27 years$5,561$4,137$3,031$2,191$1,567$390
28 years$5,305$3,898$2,818$2,008$1,414$330
29 years$5,066$3,678$2,622$1,841$1,277$280
30 years$4,845$3,473$2,442$1,690$1,154$237
31 years$4,638$3,283$2,277$1,552$1,043$201
32 years$4,444$3,107$2,124$1,426$944$170
33 years$4,262$2,942$1,983$1,311$854$144
34 years$4,092$2,788$1,853$1,207$773$122
35 years$3,931$2,645$1,733$1,111$700$104
36 years$3,780$2,510$1,621$1,023$634$88
37 years$3,637$2,384$1,517$943$575$74
38 years$3,502$2,266$1,421$869$521$63
39 years$3,375$2,155$1,331$801$473$54
40 years$3,254$2,050$1,248$739$429$45
41 years$3,139$1,951$1,170$682$389$38
42 years$3,030$1,858$1,097$629$353$33
43 years$2,926$1,771$1,030$581$320$28
44 years$2,828$1,688$967$536$291$23
45 years$2,734$1,609$908$495$264$20
46 years$2,644$1,535$852$457$240$17
47 years$2,559$1,465$801$423$218$14
48 years$2,477$1,399$753$391$198$12
49 years$2,399$1,336$707$361$180$10
50 years$2,324$1,276$665$334$163$9

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 $4,972 every year, while hoping to spend $59,360 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: 74/16/10 Blend
34$2,380,000$2,380,000$2,380,000$2,380,000
35$2,627,889$2,501,749$2,464,859$2,817,183
36$2,832,775$2,561,176$2,484,273$3,002,162
37$3,056,570$2,621,525$2,502,348$3,196,832
38$3,301,139$2,682,780$2,518,976$3,408,451
39$3,568,539$2,744,919$2,534,045$3,638,680
40$3,861,029$2,807,919$2,547,435$3,889,348
41$4,181,101$2,871,755$2,559,021$4,162,467
42$4,531,498$2,936,395$2,568,672$4,460,256
43$4,915,238$3,001,806$2,576,250$4,785,158
44$5,335,648$3,067,950$2,581,611$5,139,864
45$5,796,390$3,134,785$2,584,601$5,527,337
46$6,301,498$3,202,266$2,585,061$5,950,844
47$6,855,413$3,270,340$2,582,823$6,413,981
48$7,463,030$3,338,951$2,577,712$6,920,710
49$8,129,737$3,408,038$2,569,544$7,475,398
50$8,861,471$3,477,532$2,558,124$8,082,854
51$9,664,771$3,547,361$2,543,251$8,748,378
52$10,546,839$3,617,443$2,524,711$9,477,808
53$11,515,610$3,687,691$2,502,283$10,277,577
54$12,579,825$3,758,011$2,475,732$11,154,774
55$13,749,114$3,828,300$2,444,815$12,117,208
56$15,034,083$3,898,446$2,409,276$13,173,486
57$16,446,420$3,968,330$2,368,847$14,333,091
58$17,998,999$4,037,823$2,323,248$15,606,470
59$19,706,005$4,106,785$2,272,186$17,005,137
60$21,583,066$4,175,066$2,215,352$18,541,781
61$23,647,399$4,242,504$2,152,427$20,230,382
62$25,917,974$4,308,927$2,083,073$22,086,346
63$28,415,692$4,374,149$2,006,941$24,126,650
64$31,163,581$4,437,970$1,923,661$26,370,001
65$34,187,013$4,500,178$1,832,851$28,837,016
66$37,513,945$4,560,543$1,734,108$31,550,413
67$41,175,179$4,618,822$1,627,013$34,535,227
68$45,204,656$4,674,753$1,511,126$37,819,046
69$49,639,772$4,728,057$1,385,990$41,432,274
70$54,521,734$4,778,436$1,251,125$45,408,413
71$59,895,945$4,825,574$1,106,032$49,784,385
72$65,812,434$4,869,130$950,188$54,600,879
73$72,326,330$4,908,745$783,046$59,902,732
74$79,498,375$4,944,032$604,037$65,739,357
75$87,395,503$4,974,584$412,567$72,165,207
76$96,091,470$4,999,965$208,014$79,240,291
77$105,667,547$5,019,710$0$87,030,741
78$116,213,288$5,033,327$0$95,610,530
79$127,827,376$5,040,292$0$105,082,634
80$140,618,551$5,040,050$0$115,513,415
81$154,706,639$5,032,008$0$127,000,489
82$170,223,679$5,015,539$0$139,651,427
83$187,315,172$4,989,977$0$153,584,768
84$206,141,450$4,954,617$0$168,931,144
85$226,879,192$4,908,708$0$185,834,506
86$249,723,091$4,851,455$0$204,453,488
87$274,887,687$4,782,018$0$224,962,902
88$302,609,397$4,699,502$0$247,555,391
89$333,148,741$4,602,963$0$272,443,245
90$366,792,803$4,491,399$0$299,860,408
91$403,857,940$4,363,749$0$330,064,685
92$444,692,769$4,218,891$0$363,340,175
93$489,681,451$4,055,636$0$399,999,956
94$539,247,324$3,872,728$0$440,389,041
95$593,856,895$3,668,835$0$484,887,632
96$654,024,242$3,442,552$0$533,914,713
97$720,315,867$3,192,390$0$587,932,008
98$793,356,045$2,916,776$0$647,448,333
99$873,832,711$2,614,048$0$713,024,408
100$962,503,960$2,282,448$0$785,278,148