Can I retire at age 35 with 2,390,000?

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 $2,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$197,364$195,606$193,891$192,217$190,582$183,966
2 years$97,705$95,885$94,122$92,412$90,753$84,157
3 years$64,490$62,662$60,903$59,209$57,578$51,207
4 years$47,885$46,063$44,322$42,657$41,065$34,969
5 years$37,925$36,114$34,396$32,765$31,217$25,412
6 years$31,287$29,490$27,797$26,202$24,701$19,191
7 years$26,548$24,766$23,099$21,542$20,088$14,873
8 years$22,995$21,229$19,590$18,071$16,665$11,740
9 years$20,233$18,483$16,873$15,393$14,035$9,394
10 years$18,025$16,292$14,710$13,269$11,958$7,594
11 years$16,219$14,504$12,951$11,548$10,284$6,187
12 years$14,715$13,018$11,493$10,129$8,912$5,073
13 years$13,444$11,764$10,268$8,942$7,772$4,180
14 years$12,355$10,694$9,226$7,938$6,813$3,458
15 years$11,413$9,769$8,330$7,079$5,998$2,871
16 years$10,589$8,963$7,552$6,339$5,301$2,389
17 years$9,862$8,254$6,872$5,695$4,701$1,992
18 years$9,217$7,627$6,274$5,133$4,180$1,665
19 years$8,641$7,069$5,743$4,638$3,725$1,393
20 years$8,123$6,569$5,271$4,200$3,327$1,167
21 years$7,655$6,119$4,848$3,812$2,978$979
22 years$7,230$5,711$4,468$3,466$2,669$822
23 years$6,842$5,342$4,126$3,157$2,396$690
24 years$6,488$5,005$3,816$2,879$2,154$580
25 years$6,162$4,697$3,534$2,629$1,938$488
26 years$5,862$4,414$3,278$2,404$1,746$410
27 years$5,584$4,154$3,044$2,201$1,574$345
28 years$5,327$3,915$2,829$2,016$1,420$291
29 years$5,088$3,693$2,633$1,849$1,282$245
30 years$4,865$3,488$2,453$1,697$1,159$206
31 years$4,657$3,297$2,286$1,558$1,047$174
32 years$4,463$3,120$2,133$1,432$948$146
33 years$4,280$2,954$1,992$1,317$858$123
34 years$4,109$2,800$1,861$1,212$776$104
35 years$3,948$2,656$1,740$1,115$703$88
36 years$3,796$2,521$1,628$1,027$637$74
37 years$3,653$2,394$1,523$947$577$62
38 years$3,517$2,275$1,427$872$524$52
39 years$3,389$2,164$1,337$804$475$44
40 years$3,268$2,058$1,253$742$431$37
41 years$3,152$1,959$1,175$685$391$31
42 years$3,043$1,866$1,102$632$354$26
43 years$2,939$1,778$1,034$583$322$22
44 years$2,840$1,695$971$538$292$19
45 years$2,745$1,616$911$497$265$16
46 years$2,655$1,542$856$459$241$13
47 years$2,569$1,471$804$424$219$11
48 years$2,487$1,405$756$392$198$10
49 years$2,409$1,341$710$362$180$8
50 years$2,333$1,281$668$335$164$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,390,000, adding $6,575 every year, while hoping to spend $55,967 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: 34/37/29 Blend
34$2,390,000$2,390,000$2,390,000$2,390,000
35$2,640,562$2,513,892$2,476,847$2,707,007
36$2,850,351$2,577,524$2,500,273$2,821,477
37$3,079,663$2,642,399$2,522,608$2,939,386
38$3,330,429$2,708,517$2,543,756$3,065,465
39$3,604,778$2,775,880$2,563,617$3,200,481
40$3,905,052$2,844,484$2,582,085$3,345,279
41$4,233,830$2,914,327$2,599,047$3,500,790
42$4,593,953$2,985,401$2,614,388$3,668,042
43$4,988,549$3,057,699$2,627,983$3,848,166
44$5,421,064$3,131,209$2,639,703$4,042,411
45$5,895,291$3,205,916$2,649,411$4,252,150
46$6,415,409$3,281,805$2,656,965$4,478,902
47$6,986,022$3,358,854$2,662,215$4,724,337
48$7,612,198$3,437,041$2,665,001$4,990,300
49$8,299,523$3,516,337$2,665,160$5,278,822
50$9,054,149$3,596,711$2,662,516$5,592,144
51$9,882,850$3,678,128$2,656,889$5,932,736
52$10,793,092$3,760,547$2,648,086$6,303,323
53$11,793,097$3,843,924$2,635,907$6,706,909
54$12,891,925$3,928,209$2,620,142$7,146,805
55$14,099,555$4,013,345$2,600,570$7,626,663
56$15,426,983$4,099,271$2,576,962$8,150,510
57$16,886,320$4,185,920$2,549,075$8,722,785
58$18,490,911$4,273,217$2,516,656$9,348,384
59$20,255,460$4,361,081$2,479,440$10,032,706
60$22,196,164$4,449,421$2,437,149$10,781,701
61$24,330,872$4,538,142$2,389,492$11,601,932
62$26,679,248$4,627,137$2,336,167$12,500,635
63$29,262,956$4,716,292$2,276,853$13,485,788
64$32,105,869$4,805,482$2,211,219$14,566,187
65$35,234,288$4,894,571$2,138,916$15,751,531
66$38,677,196$4,983,416$2,059,580$17,052,513
67$42,466,524$5,071,857$1,972,830$18,480,922
68$46,637,458$5,159,726$1,878,268$20,049,757
69$51,228,766$5,246,840$1,775,477$21,773,349
70$56,283,168$5,333,003$1,664,023$23,667,496
71$61,847,734$5,418,004$1,543,451$25,749,618
72$67,974,332$5,501,615$1,413,286$28,038,919
73$74,720,114$5,583,594$1,273,032$30,556,569
74$82,148,057$5,663,681$1,122,169$33,325,909
75$90,327,554$5,741,597$960,157$36,372,668
76$99,335,072$5,817,043$786,430$39,725,212
77$109,254,872$5,889,701$600,398$43,414,812
78$120,179,801$5,959,228$401,444$47,475,939
79$132,212,173$6,025,262$188,924$51,946,594
80$145,464,728$6,087,414$0$56,868,667
81$160,061,702$6,145,269$0$62,300,054
82$176,139,994$6,198,385$0$68,343,088
83$193,850,459$6,246,292$0$74,995,587
84$213,359,333$6,288,488$0$82,319,638
85$234,849,801$6,324,440$0$90,383,669
86$258,523,723$6,353,579$0$99,263,090
87$284,603,541$6,375,303$0$109,041,010
88$313,334,378$6,388,968$0$119,809,020
89$344,986,350$6,393,893$0$131,668,061
90$379,857,117$6,389,354$0$144,729,376
91$418,274,691$6,374,580$0$159,115,564
92$460,600,530$6,348,755$0$174,961,736
93$507,232,952$6,311,011$0$192,416,796
94$558,610,892$6,260,430$0$211,644,844
95$615,218,048$6,196,036$0$232,826,732
96$677,587,443$6,116,796$0$256,161,768
97$746,306,456$6,021,613$0$281,869,604
98$822,022,369$5,909,327$0$310,192,310
99$905,448,474$5,778,707$0$341,396,662
100$997,370,806$5,628,451$0$375,776,663