Can I retire at age 35 with 2,420,000?

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 $2,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$199,841$198,061$196,325$194,629$192,974$188,846
2 years$98,931$97,089$95,303$93,572$91,892$87,754
3 years$65,299$63,449$61,667$59,952$58,300$54,280
4 years$48,486$46,641$44,878$43,192$41,580$37,709
5 years$38,401$36,567$34,827$33,176$31,609$27,898
6 years$31,680$29,860$28,146$26,531$25,011$21,465
7 years$26,881$25,076$23,389$21,813$20,341$16,959
8 years$23,283$21,495$19,836$18,298$16,874$13,657
9 years$20,487$18,715$17,085$15,586$14,211$11,155
10 years$18,251$16,497$14,895$13,435$12,108$9,211
11 years$16,423$14,686$13,113$11,693$10,413$7,671
12 years$14,900$13,181$11,638$10,256$9,024$6,432
13 years$13,613$11,912$10,397$9,055$7,869$5,423
14 years$12,510$10,828$9,342$8,038$6,898$4,593
15 years$11,556$9,891$8,435$7,168$6,074$3,904
16 years$10,722$9,075$7,647$6,418$5,368$3,329
17 years$9,986$8,358$6,959$5,767$4,760$2,847
18 years$9,333$7,723$6,352$5,197$4,232$2,439
19 years$8,749$7,158$5,815$4,696$3,772$2,094
20 years$8,225$6,651$5,337$4,253$3,369$1,800
21 years$7,751$6,195$4,909$3,860$3,015$1,550
22 years$7,320$5,783$4,524$3,510$2,703$1,336
23 years$6,928$5,409$4,177$3,196$2,426$1,153
24 years$6,569$5,068$3,863$2,915$2,181$995
25 years$6,239$4,756$3,578$2,662$1,962$860
26 years$5,935$4,470$3,319$2,434$1,767$744
27 years$5,654$4,207$3,082$2,228$1,594$643
28 years$5,394$3,964$2,865$2,041$1,438$557
29 years$5,152$3,739$2,666$1,872$1,298$482
30 years$4,926$3,531$2,483$1,718$1,173$417
31 years$4,716$3,338$2,315$1,578$1,061$362
32 years$4,519$3,159$2,160$1,450$959$313
33 years$4,334$2,991$2,017$1,334$868$272
34 years$4,160$2,835$1,884$1,227$786$236
35 years$3,997$2,689$1,762$1,129$712$204
36 years$3,844$2,552$1,648$1,040$645$177
37 years$3,698$2,424$1,543$958$585$154
38 years$3,561$2,304$1,445$883$530$133
39 years$3,432$2,191$1,353$815$481$116
40 years$3,309$2,084$1,269$751$436$100
41 years$3,192$1,984$1,190$693$396$87
42 years$3,081$1,890$1,116$640$359$76
43 years$2,976$1,800$1,047$591$326$66
44 years$2,875$1,716$983$545$296$57
45 years$2,780$1,636$923$504$268$49
46 years$2,689$1,561$867$465$244$43
47 years$2,602$1,490$814$430$221$37
48 years$2,518$1,422$765$397$201$32
49 years$2,439$1,358$719$367$183$28
50 years$2,363$1,297$676$339$166$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,420,000, adding $6,380 every year, while hoping to spend $49,177 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: 45/26/29 Blend
34$2,420,000$2,420,000$2,420,000$2,420,000
35$2,673,421$2,545,161$2,507,651$2,771,047
36$2,893,786$2,617,550$2,539,333$2,913,592
37$3,134,980$2,691,838$2,570,429$3,062,894
38$3,399,076$2,768,065$2,600,866$3,223,888
39$3,688,355$2,846,275$2,630,569$3,397,695
40$4,005,333$2,926,507$2,659,458$3,585,549
41$4,352,776$3,008,805$2,687,449$3,788,809
42$4,733,734$3,093,211$2,714,453$4,008,972
43$5,151,564$3,179,768$2,740,377$4,247,686
44$5,609,965$3,268,518$2,765,121$4,506,769
45$6,113,010$3,359,505$2,788,581$4,788,221
46$6,665,187$3,452,771$2,810,649$5,094,246
47$7,271,439$3,548,359$2,831,209$5,427,273
48$7,937,210$3,646,313$2,850,138$5,789,976
49$8,668,499$3,746,675$2,867,311$6,185,306
50$9,471,912$3,849,489$2,882,592$6,616,508
51$10,354,729$3,954,796$2,895,841$7,087,163
52$11,324,969$4,062,638$2,906,909$7,601,215
53$12,391,466$4,173,058$2,915,641$8,163,009
54$13,563,953$4,286,095$2,921,873$8,777,334
55$14,853,154$4,401,791$2,925,433$9,449,467
56$16,270,882$4,520,185$2,926,141$10,185,225
57$17,830,153$4,641,316$2,923,808$10,991,015
58$19,545,309$4,765,220$2,918,236$11,873,900
59$21,432,150$4,891,935$2,909,216$12,841,664
60$23,508,085$5,021,496$2,896,531$13,902,885
61$25,792,296$5,153,935$2,879,951$15,067,014
62$28,305,917$5,289,285$2,859,236$16,344,471
63$31,072,236$5,427,576$2,834,136$17,746,735
64$34,116,912$5,568,835$2,804,388$19,286,461
65$37,468,217$5,713,088$2,769,715$20,977,594
66$41,157,304$5,860,358$2,729,829$22,835,501
67$45,218,499$6,010,665$2,684,428$24,877,120
68$49,689,624$6,164,026$2,633,194$27,121,118
69$54,612,358$6,320,456$2,575,799$29,588,068
70$60,032,624$6,479,963$2,511,893$32,300,642
71$66,001,026$6,642,556$2,441,116$35,283,828
72$72,573,324$6,808,235$2,363,087$38,565,166
73$79,810,963$6,976,999$2,277,411$42,175,005
74$87,781,649$7,148,840$2,183,672$46,146,796
75$96,559,989$7,323,744$2,081,437$50,517,403
76$106,228,195$7,501,695$1,970,252$55,327,455
77$116,876,860$7,682,666$1,849,643$60,621,727
78$128,605,809$7,866,627$1,719,116$66,449,567
79$141,525,048$8,053,538$1,578,153$72,865,362
80$155,755,795$8,243,353$1,426,214$79,929,048
81$171,431,627$8,436,018$1,262,732$87,706,684
82$188,699,739$8,631,469$1,087,120$96,271,069
83$207,722,334$8,829,633$898,760$105,702,436
84$228,678,153$9,030,426$697,010$116,089,208
85$251,764,162$9,233,755$481,197$127,528,832
86$277,197,411$9,439,513$250,621$140,128,707
87$305,217,080$9,647,582$4,550$154,007,189
88$336,086,740$9,857,831$0$169,294,720
89$370,096,836$10,070,114$0$186,214,903
90$407,567,434$10,284,270$0$204,853,008
91$448,851,235$10,500,122$0$225,382,482
92$494,336,910$10,717,477$0$247,996,010
93$544,452,764$10,936,122$0$272,905,929
94$599,670,779$11,155,825$0$300,346,231
95$660,511,073$11,376,335$0$330,574,770
96$727,546,803$11,597,376$0$363,875,699
97$801,409,582$11,818,652$0$400,562,150
98$882,795,433$12,039,841$0$440,979,192
99$972,471,367$12,260,592$0$485,507,087
100$1,071,282,617$12,480,531$0$534,564,881