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

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 $2,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$200,667$198,880$197,136$195,434$193,772$189,859
2 years$99,340$97,490$95,697$93,958$92,272$88,348
3 years$65,569$63,711$61,922$60,200$58,541$54,727
4 years$48,687$46,834$45,064$43,371$41,752$38,078
5 years$38,560$36,719$34,971$33,313$31,739$28,215
6 years$31,811$29,983$28,262$26,641$25,114$21,744
7 years$26,992$25,180$23,486$21,903$20,425$17,209
8 years$23,380$21,584$19,918$18,374$16,944$13,882
9 years$20,571$18,793$17,155$15,650$14,269$11,359
10 years$18,326$16,565$14,956$13,491$12,158$9,397
11 years$16,490$14,747$13,167$11,741$10,457$7,840
12 years$14,962$13,236$11,686$10,298$9,061$6,587
13 years$13,669$11,961$10,440$9,092$7,902$5,565
14 years$12,562$10,873$9,381$8,071$6,927$4,723
15 years$11,604$9,932$8,469$7,198$6,099$4,023
16 years$10,766$9,113$7,679$6,445$5,390$3,438
17 years$10,027$8,392$6,987$5,791$4,779$2,946
18 years$9,372$7,755$6,379$5,218$4,249$2,530
19 years$8,786$7,187$5,839$4,715$3,788$2,176
20 years$8,259$6,679$5,359$4,271$3,383$1,875
21 years$7,783$6,221$4,929$3,876$3,028$1,618
22 years$7,351$5,807$4,543$3,524$2,714$1,398
23 years$6,957$5,431$4,195$3,209$2,436$1,209
24 years$6,596$5,089$3,879$2,927$2,190$1,046
25 years$6,265$4,775$3,593$2,673$1,970$906
26 years$5,960$4,488$3,332$2,444$1,775$786
27 years$5,677$4,224$3,094$2,237$1,600$681
28 years$5,416$3,980$2,877$2,050$1,444$591
29 years$5,173$3,755$2,677$1,880$1,304$513
30 years$4,946$3,546$2,494$1,725$1,178$445
31 years$4,735$3,352$2,325$1,584$1,065$387
32 years$4,537$3,172$2,169$1,456$963$336
33 years$4,352$3,004$2,025$1,339$872$292
34 years$4,178$2,847$1,892$1,232$789$254
35 years$4,014$2,700$1,769$1,134$715$221
36 years$3,859$2,563$1,655$1,045$648$192
37 years$3,714$2,434$1,549$962$587$167
38 years$3,576$2,313$1,451$887$532$145
39 years$3,446$2,200$1,359$818$483$126
40 years$3,322$2,093$1,274$754$438$110
41 years$3,205$1,992$1,194$696$397$95
42 years$3,094$1,897$1,120$642$360$83
43 years$2,988$1,808$1,051$593$327$72
44 years$2,887$1,723$987$548$297$63
45 years$2,791$1,643$927$506$270$55
46 years$2,700$1,568$870$467$245$48
47 years$2,612$1,496$818$432$222$41
48 years$2,529$1,428$768$399$202$36
49 years$2,449$1,364$722$369$183$31
50 years$2,373$1,303$679$341$166$27

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 $2,737 every year, while hoping to spend $24,320 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: 39/34/27 Blend
34$2,430,000$2,430,000$2,430,000$2,430,000
35$2,680,683$2,551,893$2,514,228$2,763,660
36$2,928,237$2,651,060$2,572,579$2,923,584
37$3,200,225$2,754,270$2,632,069$3,093,944
38$3,499,116$2,861,697$2,692,711$3,277,693
39$3,827,627$2,973,521$2,754,517$3,476,067
40$4,188,750$3,089,930$2,817,499$3,690,423
41$4,585,786$3,211,119$2,881,669$3,922,251
42$5,022,368$3,337,296$2,947,036$4,173,190
43$5,502,499$3,468,673$3,013,611$4,445,039
44$6,030,591$3,605,474$3,081,404$4,739,778
45$6,611,503$3,747,935$3,150,423$5,059,580
46$7,250,591$3,896,298$3,220,677$5,406,837
47$7,953,755$4,050,820$3,292,173$5,784,178
48$8,727,494$4,211,767$3,364,918$6,194,493
49$9,578,973$4,379,418$3,438,916$6,640,962
50$10,516,082$4,554,063$3,514,174$7,127,083
51$11,547,518$4,736,008$3,590,695$7,656,701
52$12,682,863$4,925,571$3,668,481$8,234,049
53$13,932,674$5,123,083$3,747,535$8,863,785
54$15,308,585$5,328,892$3,827,855$9,551,032
55$16,823,415$5,543,361$3,909,442$10,301,427
56$18,491,287$5,766,870$3,992,293$11,121,177
57$20,327,767$5,999,816$4,076,403$12,017,112
58$22,350,005$6,242,612$4,161,768$12,996,748
59$24,576,898$6,495,692$4,248,380$14,068,360
60$27,029,271$6,759,511$4,336,230$15,241,057
61$29,730,070$7,034,540$4,425,307$16,524,867
62$32,704,580$7,321,276$4,515,598$17,930,831
63$35,980,665$7,620,236$4,607,088$19,471,104
64$39,589,028$7,931,963$4,699,761$21,159,069
65$43,563,501$8,257,021$4,793,595$23,009,465
66$47,941,367$8,596,004$4,888,569$25,038,519
67$52,763,708$8,949,530$4,984,658$27,264,102
68$58,075,796$9,318,247$5,081,834$29,705,893
69$63,927,518$9,702,832$5,180,066$32,385,568
70$70,373,848$10,103,994$5,279,321$35,326,995
71$77,475,364$10,522,472$5,379,562$38,556,464
72$85,298,820$10,959,043$5,480,746$42,102,929
73$93,917,780$11,414,516$5,582,832$45,998,284
74$103,413,306$11,889,740$5,685,769$50,277,657
75$113,874,726$12,385,600$5,789,505$54,979,741
76$125,400,480$12,903,026$5,893,985$60,147,157
77$138,099,042$13,442,987$5,999,147$65,826,857
78$152,089,950$14,006,500$6,104,924$72,070,559
79$167,504,932$14,594,625$6,211,246$78,935,236
80$184,489,149$15,208,476$6,318,037$86,483,651
81$203,202,566$15,849,215$6,425,215$94,784,946
82$223,821,461$16,518,060$6,532,693$103,915,291
83$246,540,088$17,216,283$6,640,376$113,958,602
84$271,572,513$17,945,217$6,748,165$125,007,326
85$299,154,634$18,706,257$6,855,953$137,163,317
86$329,546,406$19,500,863$6,963,627$150,538,787
87$363,034,295$20,330,561$7,071,064$165,257,363
88$399,933,985$21,196,950$7,178,136$181,455,256
89$440,593,355$22,101,704$7,284,707$199,282,535
90$485,395,762$23,046,572$7,390,630$218,904,544
91$534,763,664$24,033,389$7,495,750$240,503,457
92$589,162,605$25,064,072$7,599,905$264,279,995
93$649,105,608$26,140,629$7,702,919$290,455,312
94$715,158,023$27,265,163$7,804,610$319,273,085
95$787,942,859$28,439,874$7,904,782$351,001,799
96$868,146,668$29,667,065$8,003,230$385,937,286
97$956,526,025$30,949,148$8,099,735$424,405,506
98$1,053,914,671$32,288,647$8,194,067$466,765,621
99$1,161,231,383$33,688,207$8,285,984$513,413,378
100$1,279,488,648$35,150,593$8,375,229$564,784,841