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%12.3%
1 years$199,841$198,061$196,325$194,629$192,974$191,118
2 years$98,931$97,089$95,303$93,572$91,892$90,023
3 years$65,299$63,449$61,667$59,952$58,300$56,475
4 years$48,486$46,641$44,878$43,192$41,580$39,813
5 years$38,401$36,567$34,827$33,176$31,609$29,905
6 years$31,680$29,860$28,146$26,531$25,011$23,373
7 years$26,881$25,076$23,389$21,813$20,341$18,769
8 years$23,283$21,495$19,836$18,298$16,874$15,369
9 years$20,487$18,715$17,085$15,586$14,211$12,771
10 years$18,251$16,497$14,895$13,435$12,108$10,734
11 years$16,423$14,686$13,113$11,693$10,413$9,103
12 years$14,900$13,181$11,638$10,256$9,024$7,776
13 years$13,613$11,912$10,397$9,055$7,869$6,682
14 years$12,510$10,828$9,342$8,038$6,898$5,771
15 years$11,556$9,891$8,435$7,168$6,074$5,004
16 years$10,722$9,075$7,647$6,418$5,368$4,354
17 years$9,986$8,358$6,959$5,767$4,760$3,800
18 years$9,333$7,723$6,352$5,197$4,232$3,325
19 years$8,749$7,158$5,815$4,696$3,772$2,916
20 years$8,225$6,651$5,337$4,253$3,369$2,562
21 years$7,751$6,195$4,909$3,860$3,015$2,254
22 years$7,320$5,783$4,524$3,510$2,703$1,986
23 years$6,928$5,409$4,177$3,196$2,426$1,753
24 years$6,569$5,068$3,863$2,915$2,181$1,548
25 years$6,239$4,756$3,578$2,662$1,962$1,369
26 years$5,935$4,470$3,319$2,434$1,767$1,211
27 years$5,654$4,207$3,082$2,228$1,594$1,072
28 years$5,394$3,964$2,865$2,041$1,438$950
29 years$5,152$3,739$2,666$1,872$1,298$842
30 years$4,926$3,531$2,483$1,718$1,173$747
31 years$4,716$3,338$2,315$1,578$1,061$663
32 years$4,519$3,159$2,160$1,450$959$589
33 years$4,334$2,991$2,017$1,334$868$523
34 years$4,160$2,835$1,884$1,227$786$464
35 years$3,997$2,689$1,762$1,129$712$413
36 years$3,844$2,552$1,648$1,040$645$367
37 years$3,698$2,424$1,543$958$585$326
38 years$3,561$2,304$1,445$883$530$290
39 years$3,432$2,191$1,353$815$481$258
40 years$3,309$2,084$1,269$751$436$229
41 years$3,192$1,984$1,190$693$396$204
42 years$3,081$1,890$1,116$640$359$181
43 years$2,976$1,800$1,047$591$326$161
44 years$2,875$1,716$983$545$296$144
45 years$2,780$1,636$923$504$268$128
46 years$2,689$1,561$867$465$244$114
47 years$2,602$1,490$814$430$221$101
48 years$2,518$1,422$765$397$201$90
49 years$2,439$1,358$719$367$183$80
50 years$2,363$1,297$676$339$166$71

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 $4,845 every year, while hoping to spend $22,745 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: 41/45/14 Blend
34$2,420,000$2,420,000$2,420,000$2,420,000
35$2,671,838$2,543,578$2,506,068$2,770,146
36$2,920,165$2,644,012$2,565,820$2,940,403
37$3,193,059$2,748,606$2,626,813$3,121,952
38$3,493,001$2,857,539$2,689,062$3,317,955
39$3,822,727$2,970,998$2,752,585$3,529,737
40$4,185,249$3,089,180$2,817,400$3,758,754
41$4,583,884$3,212,290$2,883,523$4,006,606
42$5,022,290$3,340,542$2,950,971$4,275,048
43$5,504,495$3,474,160$3,019,760$4,566,009
44$6,034,938$3,613,379$3,089,906$4,881,606
45$6,618,510$3,758,442$3,161,426$5,224,168
46$7,260,597$3,909,605$3,234,333$5,596,250
47$7,967,139$4,067,136$3,308,644$6,000,666
48$8,744,675$4,231,314$3,384,371$6,440,503
49$9,600,414$4,402,430$3,461,530$6,919,158
50$10,542,297$4,580,790$3,540,132$7,440,366
51$11,579,076$4,766,713$3,620,191$8,008,232
52$12,720,392$4,960,533$3,701,718$8,627,274
53$13,976,870$5,162,597$3,784,724$9,302,456
54$15,360,218$5,373,271$3,869,219$10,039,243
55$16,883,334$5,592,936$3,955,212$10,843,644
56$18,560,435$5,821,990$4,042,712$11,722,271
57$20,407,182$6,060,851$4,131,726$12,682,399
58$22,440,835$6,309,953$4,222,259$13,732,033
59$24,680,413$6,569,753$4,314,317$14,879,981
60$27,146,872$6,840,728$4,407,904$16,135,938
61$29,863,305$7,123,376$4,503,021$17,510,573
62$32,855,159$7,418,218$4,599,669$19,015,630
63$36,150,475$7,725,800$4,697,847$20,664,036
64$39,780,151$8,046,693$4,797,553$22,470,021
65$43,778,239$8,381,493$4,898,783$24,449,251
66$48,182,257$8,730,823$5,001,530$26,618,971
67$53,033,552$9,095,339$5,105,786$28,998,170
68$58,377,685$9,475,721$5,211,541$31,607,754
69$64,264,863$9,872,686$5,318,782$34,470,744
70$70,750,412$10,286,981$5,427,494$37,612,487
71$77,895,299$10,719,388$5,537,660$41,060,898
72$85,766,707$11,170,725$5,649,259$44,846,713
73$94,438,671$11,641,850$5,762,269$49,003,785
74$103,992,773$12,133,659$5,876,663$53,569,394
75$114,518,917$12,647,089$5,992,412$58,584,599
76$126,116,172$13,183,121$6,109,483$64,094,619
77$138,893,711$13,742,784$6,227,840$70,149,261
78$152,971,840$14,327,151$6,347,444$76,803,384
79$168,483,134$14,937,348$6,468,250$84,117,412
80$185,573,688$15,574,552$6,590,210$92,157,903
81$204,404,494$16,239,995$6,713,271$100,998,170
82$225,152,964$16,934,966$6,837,378$110,718,973
83$248,014,603$17,660,817$6,962,467$121,409,274
84$273,204,855$18,418,959$7,088,472$133,167,071
85$300,961,135$19,210,872$7,215,320$146,100,321
86$331,545,070$20,038,105$7,342,933$160,327,953
87$365,244,973$20,902,278$7,471,227$175,980,985
88$402,378,559$21,805,088$7,600,112$193,203,756
89$443,295,946$22,748,312$7,729,490$212,155,280
90$488,382,962$23,733,808$7,859,257$233,010,746
91$538,064,785$24,763,526$7,989,303$255,963,161
92$592,809,957$25,839,502$8,119,509$281,225,166
93$653,134,807$26,963,872$8,249,747$309,031,040
94$719,608,326$28,138,871$8,379,882$339,638,899
95$792,857,538$29,366,838$8,509,771$373,333,129
96$873,573,418$30,650,224$8,639,259$410,427,062
97$962,517,417$31,991,596$8,768,185$451,265,924
98$1,060,528,648$33,393,638$8,896,373$496,230,087
99$1,168,531,810$34,859,167$9,023,642$545,738,650
100$1,287,545,916$36,391,127$9,149,795$600,253,387