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%19.2%
1 years$196,538$194,788$193,080$191,412$189,785$182,760
2 years$97,296$95,484$93,728$92,025$90,374$83,376
3 years$64,220$62,400$60,648$58,961$57,337$50,586
4 years$47,685$45,871$44,136$42,478$40,893$34,441
5 years$37,766$35,963$34,252$32,627$31,086$24,949
6 years$31,156$29,367$27,680$26,092$24,597$18,780
7 years$26,437$24,662$23,003$21,452$20,004$14,504
8 years$22,899$21,140$19,508$17,996$16,596$11,408
9 years$20,148$18,406$16,802$15,328$13,976$9,095
10 years$17,949$16,224$14,649$13,213$11,908$7,324
11 years$16,151$14,443$12,896$11,499$10,241$5,944
12 years$14,654$12,964$11,445$10,086$8,875$4,854
13 years$13,388$11,715$10,226$8,905$7,739$3,984
14 years$12,304$10,649$9,188$7,905$6,784$3,282
15 years$11,365$9,728$8,295$7,050$5,973$2,713
16 years$10,544$8,925$7,521$6,312$5,279$2,248
17 years$9,821$8,220$6,844$5,671$4,681$1,866
18 years$9,179$7,595$6,247$5,111$4,162$1,552
19 years$8,605$7,039$5,719$4,618$3,710$1,293
20 years$8,089$6,541$5,249$4,183$3,314$1,078
21 years$7,623$6,093$4,828$3,796$2,965$900
22 years$7,199$5,688$4,450$3,452$2,658$752
23 years$6,814$5,319$4,108$3,143$2,386$629
24 years$6,460$4,984$3,800$2,867$2,145$526
25 years$6,136$4,677$3,519$2,618$1,930$440
26 years$5,837$4,396$3,264$2,394$1,738$369
27 years$5,561$4,137$3,031$2,191$1,567$309
28 years$5,305$3,898$2,818$2,008$1,414$259
29 years$5,066$3,678$2,622$1,841$1,277$217
30 years$4,845$3,473$2,442$1,690$1,154$182
31 years$4,638$3,283$2,277$1,552$1,043$152
32 years$4,444$3,107$2,124$1,426$944$128
33 years$4,262$2,942$1,983$1,311$854$107
34 years$4,092$2,788$1,853$1,207$773$90
35 years$3,931$2,645$1,733$1,111$700$75
36 years$3,780$2,510$1,621$1,023$634$63
37 years$3,637$2,384$1,517$943$575$53
38 years$3,502$2,266$1,421$869$521$44
39 years$3,375$2,155$1,331$801$473$37
40 years$3,254$2,050$1,248$739$429$31
41 years$3,139$1,951$1,170$682$389$26
42 years$3,030$1,858$1,097$629$353$22
43 years$2,926$1,771$1,030$581$320$18
44 years$2,828$1,688$967$536$291$15
45 years$2,734$1,609$908$495$264$13
46 years$2,644$1,535$852$457$240$11
47 years$2,559$1,465$801$423$218$9
48 years$2,477$1,399$753$391$198$8
49 years$2,399$1,336$707$361$180$6
50 years$2,324$1,276$665$334$163$5

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 $3,193 every year, while hoping to spend $35,027 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: 38/34/28 Blend
34$2,380,000$2,380,000$2,380,000$2,380,000
35$2,626,054$2,499,914$2,463,024$2,703,842
36$2,856,643$2,585,141$2,508,266$2,846,521
37$3,109,578$2,673,370$2,553,851$2,997,175
38$3,387,101$2,764,712$2,599,752$3,159,330
39$3,691,683$2,859,281$2,645,941$3,334,053
40$4,026,044$2,957,195$2,692,389$3,522,517
41$4,393,181$3,058,577$2,739,064$3,726,011
42$4,796,394$3,163,557$2,785,932$3,945,954
43$5,239,322$3,272,266$2,832,956$4,183,906
44$5,725,969$3,384,844$2,880,097$4,441,583
45$6,260,750$3,501,433$2,927,312$4,720,871
46$6,848,527$3,622,184$2,974,557$5,023,847
47$7,494,656$3,747,250$3,021,784$5,352,797
48$8,205,039$3,876,793$3,068,942$5,710,233
49$8,986,177$4,010,981$3,115,976$6,098,923
50$9,845,235$4,149,987$3,162,829$6,521,913
51$10,790,105$4,293,992$3,209,439$6,982,552
52$11,829,482$4,443,183$3,255,742$7,484,533
53$12,972,947$4,597,757$3,301,667$8,031,915
54$14,231,056$4,757,917$3,347,142$8,629,172
55$15,615,442$4,923,872$3,392,089$9,281,227
56$17,138,918$5,095,843$3,436,425$9,993,500
57$18,815,606$5,274,057$3,480,063$10,771,961
58$20,661,064$5,458,753$3,522,912$11,623,184
59$22,692,436$5,650,175$3,564,873$12,554,408
60$24,928,613$5,848,582$3,605,845$13,573,604
61$27,390,409$6,054,240$3,645,718$14,689,554
62$30,100,758$6,267,425$3,684,377$15,911,927
63$33,084,934$6,488,428$3,721,702$17,251,375
64$36,370,784$6,717,547$3,757,566$18,719,629
65$39,988,992$6,955,095$3,791,833$20,329,612
66$43,973,372$7,201,398$3,824,362$22,095,557
67$48,361,183$7,456,793$3,855,004$24,033,146
68$53,193,479$7,721,631$3,883,603$26,159,651
69$58,515,503$7,996,280$3,909,992$28,494,099
70$64,377,106$8,281,120$3,933,999$31,057,454
71$70,833,223$8,576,547$3,955,440$33,872,807
72$77,944,387$8,882,973$3,974,123$36,965,600
73$85,777,305$9,200,830$3,989,847$40,363,862
74$94,405,483$9,530,562$4,002,399$44,098,472
75$103,909,919$9,872,637$4,011,556$48,203,452
76$114,379,873$10,227,539$4,017,086$52,716,284
77$125,913,704$10,595,771$4,018,741$57,678,267
78$138,619,798$10,977,860$4,016,265$63,134,901
79$152,617,594$11,374,353$4,009,388$69,136,321
80$168,038,712$11,785,819$3,997,825$75,737,765
81$185,028,188$12,212,852$3,981,280$83,000,093
82$203,745,851$12,656,069$3,959,440$90,990,367
83$224,367,826$13,116,115$3,931,980$99,782,476
84$247,088,200$13,593,660$3,898,557$109,457,835
85$272,120,850$14,089,403$3,858,812$120,106,155
86$299,701,464$14,604,071$3,812,369$131,826,282
87$330,089,765$15,138,423$3,758,836$144,727,137
88$363,571,964$15,693,248$3,697,800$158,928,734
89$400,463,459$16,269,372$3,628,830$174,563,319
90$441,111,811$16,867,650$3,551,476$191,776,614
91$485,900,029$17,488,978$3,465,263$210,729,189
92$535,250,182$18,134,288$3,369,700$231,597,980
93$589,627,383$18,804,551$3,264,267$254,577,955
94$649,544,182$19,500,780$3,148,426$279,883,954
95$715,565,401$20,224,031$3,021,611$307,752,716
96$788,313,467$20,975,404$2,883,230$338,445,111
97$868,474,289$21,756,046$2,732,666$372,248,599
98$956,803,729$22,567,155$2,569,273$409,479,947
99$1,054,134,741$23,409,977$2,392,376$450,488,213
100$1,161,385,233$24,285,815$2,201,269$495,658,039