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%15.1%
1 years$199,841$198,061$196,325$194,629$192,974$188,923
2 years$98,931$97,089$95,303$93,572$91,892$87,831
3 years$65,299$63,449$61,667$59,952$58,300$54,354
4 years$48,486$46,641$44,878$43,192$41,580$37,780
5 years$38,401$36,567$34,827$33,176$31,609$27,965
6 years$31,680$29,860$28,146$26,531$25,011$21,528
7 years$26,881$25,076$23,389$21,813$20,341$17,019
8 years$23,283$21,495$19,836$18,298$16,874$13,713
9 years$20,487$18,715$17,085$15,586$14,211$11,207
10 years$18,251$16,497$14,895$13,435$12,108$9,260
11 years$16,423$14,686$13,113$11,693$10,413$7,716
12 years$14,900$13,181$11,638$10,256$9,024$6,474
13 years$13,613$11,912$10,397$9,055$7,869$5,462
14 years$12,510$10,828$9,342$8,038$6,898$4,629
15 years$11,556$9,891$8,435$7,168$6,074$3,938
16 years$10,722$9,075$7,647$6,418$5,368$3,361
17 years$9,986$8,358$6,959$5,767$4,760$2,875
18 years$9,333$7,723$6,352$5,197$4,232$2,466
19 years$8,749$7,158$5,815$4,696$3,772$2,118
20 years$8,225$6,651$5,337$4,253$3,369$1,822
21 years$7,751$6,195$4,909$3,860$3,015$1,570
22 years$7,320$5,783$4,524$3,510$2,703$1,354
23 years$6,928$5,409$4,177$3,196$2,426$1,169
24 years$6,569$5,068$3,863$2,915$2,181$1,011
25 years$6,239$4,756$3,578$2,662$1,962$874
26 years$5,935$4,470$3,319$2,434$1,767$756
27 years$5,654$4,207$3,082$2,228$1,594$655
28 years$5,394$3,964$2,865$2,041$1,438$567
29 years$5,152$3,739$2,666$1,872$1,298$491
30 years$4,926$3,531$2,483$1,718$1,173$426
31 years$4,716$3,338$2,315$1,578$1,061$369
32 years$4,519$3,159$2,160$1,450$959$320
33 years$4,334$2,991$2,017$1,334$868$278
34 years$4,160$2,835$1,884$1,227$786$241
35 years$3,997$2,689$1,762$1,129$712$209
36 years$3,844$2,552$1,648$1,040$645$182
37 years$3,698$2,424$1,543$958$585$158
38 years$3,561$2,304$1,445$883$530$137
39 years$3,432$2,191$1,353$815$481$119
40 years$3,309$2,084$1,269$751$436$103
41 years$3,192$1,984$1,190$693$396$90
42 years$3,081$1,890$1,116$640$359$78
43 years$2,976$1,800$1,047$591$326$68
44 years$2,875$1,716$983$545$296$59
45 years$2,780$1,636$923$504$268$51
46 years$2,689$1,561$867$465$244$44
47 years$2,602$1,490$814$430$221$38
48 years$2,518$1,422$765$397$201$33
49 years$2,439$1,358$719$367$183$29
50 years$2,363$1,297$676$339$166$25

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 $3,593 every year, while hoping to spend $21,180 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: 45/48/7 Blend
34$2,420,000$2,420,000$2,420,000$2,420,000
35$2,670,546$2,542,286$2,504,776$2,785,358
36$2,920,407$2,644,323$2,566,151$2,966,964
37$3,195,043$2,750,649$2,628,872$3,161,283
38$3,496,960$2,861,454$2,692,961$3,371,485
39$3,828,917$2,976,932$2,758,443$3,599,039
40$4,193,955$3,097,290$2,825,339$3,845,560
41$4,595,422$3,222,742$2,893,672$4,112,816
42$5,037,011$3,353,512$2,963,466$4,402,754
43$5,522,787$3,489,835$3,034,743$4,717,509
44$6,057,230$3,631,955$3,107,525$5,059,429
45$6,645,276$3,780,130$3,181,836$5,431,091
46$7,292,365$3,934,627$3,257,698$5,835,330
47$8,004,488$4,095,726$3,335,133$6,275,261
48$8,788,250$4,263,720$3,414,164$6,754,306
49$9,650,926$4,438,916$3,494,813$7,276,230
50$10,600,532$4,621,635$3,577,101$7,845,171
51$11,645,902$4,812,211$3,661,049$8,465,681
52$12,796,769$5,010,995$3,746,680$9,142,764
53$14,063,859$5,218,353$3,834,013$9,881,925
54$15,458,990$5,434,669$3,923,070$10,689,218
55$16,995,183$5,660,344$4,013,869$11,571,306
56$18,686,788$5,895,798$4,106,430$12,535,517
57$20,549,617$6,141,469$4,200,772$13,589,914
58$22,601,093$6,397,816$4,296,913$14,743,370
59$24,860,415$6,665,319$4,394,870$16,005,649
60$27,348,740$6,944,482$4,494,660$17,387,496
61$30,089,379$7,235,829$4,596,299$18,900,739
62$33,108,022$7,539,911$4,699,802$20,558,394
63$36,432,977$7,857,303$4,805,181$22,374,790
64$40,095,437$8,188,608$4,912,452$24,365,700
65$44,129,776$8,534,454$5,021,623$26,548,489
66$48,573,873$8,895,502$5,132,708$28,942,274
67$53,469,468$9,272,442$5,245,713$31,568,100
68$58,862,557$9,665,995$5,360,648$34,449,143
69$64,803,826$10,076,917$5,477,518$37,610,918
70$71,349,129$10,505,999$5,596,328$41,081,522
71$78,560,016$10,954,068$5,717,080$44,891,895
72$86,504,311$11,421,991$5,839,775$49,076,106
73$95,256,756$11,910,673$5,964,413$53,671,678
74$104,899,714$12,421,065$6,090,990$58,719,931
75$115,523,947$12,954,160$6,219,500$64,266,374
76$127,229,472$13,510,996$6,349,936$70,361,130
77$140,126,506$14,092,663$6,482,287$77,059,401
78$154,336,507$14,700,300$6,616,541$84,421,992
79$169,993,315$15,335,100$6,752,680$92,515,874
80$187,244,425$15,998,312$6,890,686$101,414,817
81$206,252,369$16,691,242$7,030,537$111,200,078
82$227,196,258$17,415,260$7,172,207$121,961,164
83$250,273,467$18,171,798$7,315,666$133,796,675
84$275,701,501$18,962,357$7,460,882$146,815,224
85$303,720,049$19,788,508$7,607,817$161,136,462
86$334,593,245$20,651,895$7,756,429$176,892,196
87$368,612,160$21,554,242$7,906,674$194,227,636
88$406,097,552$22,497,351$8,058,499$213,302,747
89$447,402,893$23,483,112$8,211,849$234,293,766
90$492,917,705$24,513,502$8,366,663$257,394,847
91$543,071,240$25,590,592$8,522,875$282,819,894
92$598,336,526$26,716,551$8,680,411$310,804,570
93$659,234,841$27,893,651$8,839,194$341,608,514
94$726,340,625$29,124,270$8,999,138$375,517,783
95$800,286,910$30,410,901$9,160,150$412,847,547
96$881,771,292$31,756,152$9,322,132$453,945,048
97$971,562,516$33,162,756$9,484,976$499,192,878
98$1,070,507,738$34,633,576$9,648,568$549,012,574
99$1,179,540,517$36,171,611$9,812,784$603,868,589
100$1,299,689,630$37,780,000$9,977,493$664,272,666