Can I retire at age 35 with 2,440,000?

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 $2,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$201,493$199,698$197,947$196,238$194,569$187,442
2 years$99,749$97,891$96,091$94,345$92,652$85,551
3 years$65,839$63,973$62,177$60,448$58,782$51,930
4 years$48,887$47,027$45,249$43,549$41,924$35,374
5 years$38,719$36,870$35,115$33,450$31,870$25,638
6 years$31,942$30,107$28,378$26,750$25,218$19,309
7 years$27,103$25,284$23,582$21,993$20,509$14,922
8 years$23,476$21,673$20,000$18,449$17,014$11,744
9 years$20,656$18,870$17,226$15,715$14,328$9,368
10 years$18,402$16,633$15,018$13,546$12,208$7,549
11 years$16,558$14,807$13,221$11,789$10,500$6,131
12 years$15,023$13,290$11,734$10,341$9,099$5,010
13 years$13,725$12,011$10,483$9,129$7,934$4,114
14 years$12,614$10,917$9,419$8,104$6,955$3,392
15 years$11,651$9,973$8,504$7,227$6,124$2,805
16 years$10,810$9,150$7,710$6,471$5,412$2,326
17 years$10,069$8,427$7,016$5,814$4,799$1,933
18 years$9,410$7,787$6,405$5,240$4,267$1,609
19 years$8,822$7,217$5,863$4,735$3,803$1,341
20 years$8,293$6,706$5,381$4,288$3,397$1,120
21 years$7,815$6,247$4,950$3,892$3,040$935
22 years$7,381$5,831$4,562$3,539$2,725$782
23 years$6,985$5,454$4,212$3,223$2,446$654
24 years$6,623$5,110$3,895$2,939$2,199$548
25 years$6,291$4,795$3,608$2,684$1,978$459
26 years$5,984$4,507$3,346$2,454$1,782$384
27 years$5,701$4,241$3,107$2,247$1,607$322
28 years$5,438$3,997$2,889$2,058$1,450$270
29 years$5,194$3,770$2,688$1,888$1,309$227
30 years$4,967$3,561$2,504$1,732$1,183$190
31 years$4,754$3,366$2,334$1,591$1,069$159
32 years$4,556$3,185$2,178$1,462$967$134
33 years$4,370$3,016$2,033$1,345$875$112
34 years$4,195$2,859$1,900$1,237$793$94
35 years$4,030$2,711$1,776$1,139$718$79
36 years$3,875$2,573$1,662$1,049$650$66
37 years$3,729$2,444$1,555$966$590$56
38 years$3,591$2,323$1,457$891$534$47
39 years$3,460$2,209$1,365$821$485$39
40 years$3,336$2,102$1,279$758$440$33
41 years$3,218$2,000$1,199$699$399$28
42 years$3,106$1,905$1,125$645$362$23
43 years$3,000$1,815$1,056$595$328$19
44 years$2,899$1,730$991$550$298$16
45 years$2,803$1,650$930$508$271$14
46 years$2,711$1,574$874$469$246$12
47 years$2,623$1,502$821$433$223$10
48 years$2,539$1,434$772$400$203$8
49 years$2,459$1,369$725$370$184$7
50 years$2,382$1,308$682$342$167$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,440,000, adding $2,938 every year, while hoping to spend $27,873 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: 64/17/19 Blend
34$2,440,000$2,440,000$2,440,000$2,440,000
35$2,691,911$2,562,591$2,524,771$2,851,072
36$2,936,829$2,658,501$2,579,694$3,054,310
37$3,205,794$2,758,177$2,635,523$3,272,819
38$3,501,231$2,861,773$2,692,258$3,510,877
39$3,825,808$2,969,451$2,749,900$3,770,395
40$4,182,467$3,081,381$2,808,448$4,053,479
41$4,574,447$3,197,737$2,867,900$4,362,443
42$5,005,319$3,318,704$2,928,253$4,699,839
43$5,479,014$3,444,473$2,989,502$5,068,472
44$5,999,865$3,575,244$3,051,642$5,471,434
45$6,572,646$3,711,226$3,114,667$5,912,126
46$7,202,616$3,852,635$3,178,568$6,394,295
47$7,895,568$3,999,700$3,243,335$6,922,067
48$8,657,888$4,152,658$3,308,959$7,499,984
49$9,496,609$4,311,754$3,375,426$8,133,049
50$10,419,482$4,477,249$3,442,721$8,826,771
51$11,435,045$4,649,410$3,510,828$9,587,218
52$12,552,708$4,828,520$3,579,729$10,421,073
53$13,782,839$5,014,871$3,649,405$11,335,696
54$15,136,860$5,208,772$3,719,831$12,339,194
55$16,627,359$5,410,540$3,790,985$13,440,497
56$18,268,204$5,620,512$3,862,837$14,649,441
57$20,074,679$5,839,035$3,935,360$15,976,861
58$22,063,622$6,066,474$4,008,521$17,434,691
59$24,253,589$6,303,209$4,082,284$19,036,081
60$26,665,027$6,549,637$4,156,612$20,795,513
61$29,320,464$6,806,174$4,231,463$22,728,943
62$32,244,728$7,073,253$4,306,794$24,853,951
63$35,465,174$7,351,327$4,382,556$27,189,900
64$39,011,948$7,640,868$4,458,697$29,758,127
65$42,918,266$7,942,370$4,535,163$32,582,135
66$47,220,733$8,256,349$4,611,894$35,687,822
67$51,959,682$8,583,345$4,688,827$39,103,717
68$57,179,561$8,923,920$4,765,894$42,861,257
69$62,929,347$9,278,663$4,843,023$46,995,074
70$69,263,012$9,648,189$4,920,135$51,543,329
71$76,240,029$10,033,140$4,997,149$56,548,065
72$83,925,935$10,434,187$5,073,978$62,055,608
73$92,392,951$10,852,033$5,150,526$68,116,999
74$101,720,660$11,287,410$5,226,697$74,788,478
75$111,996,759$11,741,085$5,302,383$82,132,014
76$123,317,889$12,213,858$5,377,473$90,215,886
77$135,790,544$12,706,568$5,451,849$99,115,328
78$149,532,078$13,220,088$5,525,384$108,913,240
79$164,671,812$13,755,335$5,597,947$119,700,965
80$181,352,254$14,313,263$5,669,395$131,579,156
81$199,730,444$14,894,874$5,739,580$144,658,719
82$219,979,438$15,501,211$5,808,345$159,061,862
83$242,289,938$16,133,368$5,875,522$174,923,247
84$266,872,097$16,792,488$5,940,937$192,391,259
85$293,957,496$17,479,766$6,004,404$211,629,405
86$323,801,336$18,196,449$6,065,727$232,817,858
87$356,684,843$18,943,846$6,124,699$256,155,154
88$392,917,925$19,723,322$6,181,105$281,860,065
89$432,842,095$20,536,306$6,234,713$310,173,664
90$476,833,696$21,384,293$6,285,283$341,361,599
91$525,307,454$22,268,844$6,332,561$375,716,596
92$578,720,392$23,191,596$6,376,280$413,561,223
93$637,576,144$24,154,256$6,416,158$455,250,934
94$702,429,711$25,158,615$6,451,899$501,177,421
95$773,892,697$26,206,543$6,483,193$551,772,309
96$852,639,085$27,299,996$6,509,713$607,511,231
97$939,411,598$28,441,022$6,531,115$668,918,311
98$1,035,028,713$29,631,764$6,547,039$736,571,117
99$1,140,392,383$30,874,462$6,557,106$811,106,104
100$1,256,496,555$32,171,460$6,560,918$893,224,624