Can I retire at age 35 with 2,430,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$200,667$198,880$197,136$195,434$193,772$192,631
2 years$99,340$97,490$95,697$93,958$92,272$91,122
3 years$65,569$63,711$61,922$60,200$58,541$57,416
4 years$48,687$46,834$45,064$43,371$41,752$40,661
5 years$38,560$36,719$34,971$33,313$31,739$30,686
6 years$31,811$29,983$28,262$26,641$25,114$24,099
7 years$26,992$25,180$23,486$21,903$20,425$19,449
8 years$23,380$21,584$19,918$18,374$16,944$16,008
9 years$20,571$18,793$17,155$15,650$14,269$13,372
10 years$18,326$16,565$14,956$13,491$12,158$11,300
11 years$16,490$14,747$13,167$11,741$10,457$9,636
12 years$14,962$13,236$11,686$10,298$9,061$8,278
13 years$13,669$11,961$10,440$9,092$7,902$7,155
14 years$12,562$10,873$9,381$8,071$6,927$6,216
15 years$11,604$9,932$8,469$7,198$6,099$5,422
16 years$10,766$9,113$7,679$6,445$5,390$4,748
17 years$10,027$8,392$6,987$5,791$4,779$4,169
18 years$9,372$7,755$6,379$5,218$4,249$3,671
19 years$8,786$7,187$5,839$4,715$3,788$3,240
20 years$8,259$6,679$5,359$4,271$3,383$2,865
21 years$7,783$6,221$4,929$3,876$3,028$2,538
22 years$7,351$5,807$4,543$3,524$2,714$2,252
23 years$6,957$5,431$4,195$3,209$2,436$2,000
24 years$6,596$5,089$3,879$2,927$2,190$1,779
25 years$6,265$4,775$3,593$2,673$1,970$1,584
26 years$5,960$4,488$3,332$2,444$1,775$1,411
27 years$5,677$4,224$3,094$2,237$1,600$1,259
28 years$5,416$3,980$2,877$2,050$1,444$1,123
29 years$5,173$3,755$2,677$1,880$1,304$1,003
30 years$4,946$3,546$2,494$1,725$1,178$896
31 years$4,735$3,352$2,325$1,584$1,065$801
32 years$4,537$3,172$2,169$1,456$963$717
33 years$4,352$3,004$2,025$1,339$872$641
34 years$4,178$2,847$1,892$1,232$789$574
35 years$4,014$2,700$1,769$1,134$715$514
36 years$3,859$2,563$1,655$1,045$648$460
37 years$3,714$2,434$1,549$962$587$412
38 years$3,576$2,313$1,451$887$532$369
39 years$3,446$2,200$1,359$818$483$331
40 years$3,322$2,093$1,274$754$438$297
41 years$3,205$1,992$1,194$696$397$266
42 years$3,094$1,897$1,120$642$360$238
43 years$2,988$1,808$1,051$593$327$214
44 years$2,887$1,723$987$548$297$192
45 years$2,791$1,643$927$506$270$172
46 years$2,700$1,568$870$467$245$154
47 years$2,612$1,496$818$432$222$138
48 years$2,529$1,428$768$399$202$124
49 years$2,449$1,364$722$369$183$111
50 years$2,373$1,303$679$341$166$100

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,430,000, adding $5,341 every year, while hoping to spend $36,620 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: 61/14/25 Blend
34$2,430,000$2,430,000$2,430,000$2,430,000
35$2,683,369$2,554,579$2,516,914$2,828,861
36$2,918,110$2,640,790$2,562,267$3,014,482
37$3,175,566$2,729,998$2,607,913$3,212,539
38$3,458,017$2,822,311$2,653,821$3,427,925
39$3,767,972$2,917,842$2,699,961$3,662,335
40$4,108,195$3,016,707$2,746,300$3,917,637
41$4,481,732$3,119,026$2,792,802$4,195,885
42$4,891,937$3,224,926$2,839,429$4,499,343
43$5,342,503$3,334,537$2,886,139$4,830,504
44$5,837,503$3,447,993$2,932,889$5,192,112
45$6,381,420$3,565,436$2,979,632$5,587,190
46$6,979,194$3,687,012$3,026,319$6,019,068
47$7,636,267$3,812,870$3,072,896$6,491,414
48$8,358,635$3,943,170$3,119,307$7,008,265
49$9,152,904$4,078,073$3,165,492$7,574,071
50$10,026,351$4,217,750$3,211,387$8,193,733
51$10,986,995$4,362,377$3,256,925$8,872,650
52$12,043,671$4,512,136$3,302,034$9,616,769
53$13,206,112$4,667,217$3,346,639$10,432,641
54$14,485,042$4,827,817$3,390,658$11,327,484
55$15,892,279$4,994,142$3,434,007$12,309,249
56$17,440,841$5,166,405$3,476,596$13,386,697
57$19,145,074$5,344,826$3,518,329$14,569,479
58$21,020,784$5,529,635$3,559,106$15,868,229
59$23,085,389$5,721,072$3,598,821$17,294,661
60$25,358,079$5,919,385$3,637,362$18,861,685
61$27,860,000$6,124,832$3,674,610$20,583,523
62$30,614,452$6,337,680$3,710,441$22,475,843
63$33,647,109$6,558,209$3,744,724$24,555,913
64$36,986,261$6,786,709$3,777,319$26,842,757
65$40,663,082$7,023,480$3,808,082$29,357,337
66$44,711,921$7,268,835$3,836,858$32,122,749
67$49,170,630$7,523,101$3,863,486$35,164,445
68$54,080,918$7,786,617$3,887,796$38,510,468
69$59,488,744$8,059,733$3,909,609$42,191,719
70$65,444,752$8,342,816$3,928,737$46,242,247
71$72,004,750$8,636,248$3,944,983$50,699,573
72$79,230,234$8,940,423$3,958,140$55,605,040
73$87,188,969$9,255,755$3,967,988$61,004,205
74$95,955,628$9,582,671$3,974,300$66,947,270
75$105,612,498$9,921,618$3,976,835$73,489,553
76$116,250,254$10,273,059$3,975,341$80,692,011
77$127,968,819$10,637,477$3,969,553$88,621,816
78$140,878,299$11,015,374$3,959,194$97,352,987
79$155,100,031$11,407,274$3,943,973$106,967,091
80$170,767,723$11,813,718$3,923,584$117,554,010
81$188,028,715$12,235,275$3,897,708$129,212,790
82$207,045,372$12,672,532$3,866,010$142,052,577
83$227,996,618$13,126,103$3,828,139$156,193,646
84$251,079,617$13,596,627$3,783,726$171,768,534
85$276,511,644$14,084,768$3,732,387$188,923,296
86$304,532,128$14,591,217$3,673,718$207,818,879
87$335,404,915$15,116,697$3,607,297$228,632,642
88$369,420,756$15,661,955$3,532,682$251,560,032
89$406,900,057$16,227,774$3,449,411$276,816,425
90$448,195,895$16,814,968$3,356,998$304,639,164
91$493,697,358$17,424,383$3,254,939$335,289,794
92$543,833,213$18,056,902$3,142,704$369,056,534
93$599,075,955$18,713,444$3,019,739$406,256,999
94$659,946,267$19,394,967$2,885,464$447,241,192
95$727,017,934$20,102,469$2,739,275$492,394,815
96$800,923,262$20,836,988$2,580,539$542,142,904
97$882,359,042$21,599,608$2,408,595$596,953,848
98$972,093,132$22,391,457$2,222,751$657,343,802
99$1,070,971,704$23,213,710$2,022,286$723,881,567
100$1,179,927,230$24,067,594$1,806,444$797,193,955