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%18.4%
1 years$196,538$194,788$193,080$191,412$189,785$183,343
2 years$97,296$95,484$93,728$92,025$90,374$83,948
3 years$64,220$62,400$60,648$58,961$57,337$51,129
4 years$47,685$45,871$44,136$42,478$40,893$34,951
5 years$37,766$35,963$34,252$32,627$31,086$25,426
6 years$31,156$29,367$27,680$26,092$24,597$19,223
7 years$26,437$24,662$23,003$21,452$20,004$14,915
8 years$22,899$21,140$19,508$17,996$16,596$11,787
9 years$20,148$18,406$16,802$15,328$13,976$9,443
10 years$17,949$16,224$14,649$13,213$11,908$7,643
11 years$16,151$14,443$12,896$11,499$10,241$6,236
12 years$14,654$12,964$11,445$10,086$8,875$5,119
13 years$13,388$11,715$10,226$8,905$7,739$4,224
14 years$12,304$10,649$9,188$7,905$6,784$3,500
15 years$11,365$9,728$8,295$7,050$5,973$2,909
16 years$10,544$8,925$7,521$6,312$5,279$2,424
17 years$9,821$8,220$6,844$5,671$4,681$2,025
18 years$9,179$7,595$6,247$5,111$4,162$1,694
19 years$8,605$7,039$5,719$4,618$3,710$1,420
20 years$8,089$6,541$5,249$4,183$3,314$1,192
21 years$7,623$6,093$4,828$3,796$2,965$1,001
22 years$7,199$5,688$4,450$3,452$2,658$841
23 years$6,814$5,319$4,108$3,143$2,386$708
24 years$6,460$4,984$3,800$2,867$2,145$596
25 years$6,136$4,677$3,519$2,618$1,930$502
26 years$5,837$4,396$3,264$2,394$1,738$423
27 years$5,561$4,137$3,031$2,191$1,567$357
28 years$5,305$3,898$2,818$2,008$1,414$301
29 years$5,066$3,678$2,622$1,841$1,277$254
30 years$4,845$3,473$2,442$1,690$1,154$214
31 years$4,638$3,283$2,277$1,552$1,043$181
32 years$4,444$3,107$2,124$1,426$944$152
33 years$4,262$2,942$1,983$1,311$854$129
34 years$4,092$2,788$1,853$1,207$773$109
35 years$3,931$2,645$1,733$1,111$700$92
36 years$3,780$2,510$1,621$1,023$634$77
37 years$3,637$2,384$1,517$943$575$65
38 years$3,502$2,266$1,421$869$521$55
39 years$3,375$2,155$1,331$801$473$47
40 years$3,254$2,050$1,248$739$429$39
41 years$3,139$1,951$1,170$682$389$33
42 years$3,030$1,858$1,097$629$353$28
43 years$2,926$1,771$1,030$581$320$24
44 years$2,828$1,688$967$536$291$20
45 years$2,734$1,609$908$495$264$17
46 years$2,644$1,535$852$457$240$14
47 years$2,559$1,465$801$423$218$12
48 years$2,477$1,399$753$391$198$10
49 years$2,399$1,336$707$361$180$9
50 years$2,324$1,276$665$334$163$7

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 $6,866 every year, while hoping to spend $44,900 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: 71/14/15 Blend
34$2,380,000$2,380,000$2,380,000$2,380,000
35$2,629,842$2,503,702$2,466,812$2,807,155
36$2,850,313$2,578,610$2,501,677$3,000,687
37$3,091,767$2,655,684$2,536,205$3,206,404
38$3,356,297$2,734,982$2,570,338$3,430,445
39$3,646,207$2,816,565$2,604,013$3,674,614
40$3,964,037$2,900,494$2,637,164$3,940,894
41$4,312,582$2,986,831$2,669,722$4,231,474
42$4,694,922$3,075,642$2,701,614$4,548,758
43$5,114,447$3,166,992$2,732,761$4,895,400
44$5,574,894$3,260,948$2,763,082$5,274,320
45$6,080,379$3,357,579$2,792,491$5,688,734
46$6,635,433$3,456,956$2,820,895$6,142,185
47$7,245,050$3,559,150$2,848,198$6,638,576
48$7,914,732$3,664,236$2,874,300$7,182,206
49$8,650,539$3,772,287$2,899,092$7,777,812
50$9,459,145$3,883,380$2,922,463$8,430,610
51$10,347,906$3,997,594$2,944,294$9,146,348
52$11,324,924$4,115,008$2,964,460$9,931,358
53$12,399,127$4,235,704$2,982,829$10,792,617
54$13,580,349$4,359,764$2,999,265$11,737,811
55$14,879,425$4,487,273$3,013,621$12,775,408
56$16,308,294$4,618,318$3,025,745$13,914,737
57$17,880,110$4,752,985$3,035,478$15,166,079
58$19,609,365$4,891,365$3,042,649$16,540,760
59$21,512,026$5,033,548$3,047,084$18,051,260
60$23,605,688$5,179,627$3,048,597$19,711,329
61$25,909,735$5,329,696$3,046,992$21,536,119
62$28,445,528$5,483,850$3,042,066$23,542,325
63$31,236,601$5,642,188$3,033,605$25,748,343
64$34,308,887$5,804,808$3,021,383$28,174,441
65$37,690,960$5,971,810$3,005,166$30,842,957
66$41,414,305$6,143,296$2,984,706$33,778,501
67$45,513,616$6,319,369$2,959,745$37,008,194
68$50,027,120$6,500,134$2,930,012$40,561,920
69$54,996,942$6,685,696$2,895,223$44,472,609
70$60,469,499$6,876,163$2,855,081$48,776,548
71$66,495,936$7,071,644$2,809,275$53,513,725
72$73,132,614$7,272,247$2,757,478$58,728,201
73$80,441,637$7,478,083$2,699,350$64,468,532
74$88,491,440$7,689,265$2,634,534$70,788,224
75$97,357,432$7,905,905$2,562,657$77,746,239
76$107,122,711$8,128,115$2,483,327$85,407,550
77$117,878,846$8,356,011$2,396,137$93,843,756
78$129,726,740$8,589,707$2,300,658$103,133,756
79$142,777,582$8,829,317$2,196,445$113,364,497
80$157,153,900$9,074,959$2,083,031$124,631,789
81$172,990,712$9,326,746$1,959,927$137,041,218
82$190,436,803$9,584,795$1,826,622$150,709,132
83$209,656,128$9,849,220$1,682,585$165,763,749
84$230,829,359$10,120,139$1,527,258$182,346,361
85$254,155,592$10,397,663$1,360,059$200,612,671
86$279,854,222$10,681,908$1,180,381$220,734,263
87$308,167,017$10,972,986$987,588$242,900,218
88$339,360,398$11,271,008$781,018$267,318,905
89$373,727,956$11,576,085$559,979$294,219,942
90$411,593,217$11,888,323$323,748$323,856,370
91$453,312,703$12,207,828$71,571$356,507,036
92$499,279,291$12,534,704$0$392,479,230
93$549,925,925$12,869,051$0$432,143,200
94$605,729,700$13,210,966$0$475,854,780
95$667,216,368$13,560,541$0$524,013,874
96$734,965,296$13,917,866$0$577,073,803
97$809,614,939$14,283,024$0$635,534,120
98$891,868,866$14,656,096$0$699,945,322
99$982,502,400$15,037,154$0$770,914,046
100$1,082,369,936$15,426,266$0$849,108,797