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

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 $2,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$201,493$199,698$197,947$196,238$194,569$186,997
2 years$99,749$97,891$96,091$94,345$92,652$85,115
3 years$65,839$63,973$62,177$60,448$58,782$51,517
4 years$48,887$47,027$45,249$43,549$41,924$34,986
5 years$38,719$36,870$35,115$33,450$31,870$25,277
6 years$31,942$30,107$28,378$26,750$25,218$18,974
7 years$27,103$25,284$23,582$21,993$20,509$14,613
8 years$23,476$21,673$20,000$18,449$17,014$11,460
9 years$20,656$18,870$17,226$15,715$14,328$9,108
10 years$18,402$16,633$15,018$13,546$12,208$7,311
11 years$16,558$14,807$13,221$11,789$10,500$5,915
12 years$15,023$13,290$11,734$10,341$9,099$4,814
13 years$13,725$12,011$10,483$9,129$7,934$3,937
14 years$12,614$10,917$9,419$8,104$6,955$3,232
15 years$11,651$9,973$8,504$7,227$6,124$2,662
16 years$10,810$9,150$7,710$6,471$5,412$2,198
17 years$10,069$8,427$7,016$5,814$4,799$1,818
18 years$9,410$7,787$6,405$5,240$4,267$1,507
19 years$8,822$7,217$5,863$4,735$3,803$1,250
20 years$8,293$6,706$5,381$4,288$3,397$1,039
21 years$7,815$6,247$4,950$3,892$3,040$864
22 years$7,381$5,831$4,562$3,539$2,725$719
23 years$6,985$5,454$4,212$3,223$2,446$599
24 years$6,623$5,110$3,895$2,939$2,199$499
25 years$6,291$4,795$3,608$2,684$1,978$416
26 years$5,984$4,507$3,346$2,454$1,782$347
27 years$5,701$4,241$3,107$2,247$1,607$289
28 years$5,438$3,997$2,889$2,058$1,450$241
29 years$5,194$3,770$2,688$1,888$1,309$201
30 years$4,967$3,561$2,504$1,732$1,183$168
31 years$4,754$3,366$2,334$1,591$1,069$140
32 years$4,556$3,185$2,178$1,462$967$117
33 years$4,370$3,016$2,033$1,345$875$98
34 years$4,195$2,859$1,900$1,237$793$82
35 years$4,030$2,711$1,776$1,139$718$68
36 years$3,875$2,573$1,662$1,049$650$57
37 years$3,729$2,444$1,555$966$590$48
38 years$3,591$2,323$1,457$891$534$40
39 years$3,460$2,209$1,365$821$485$33
40 years$3,336$2,102$1,279$758$440$28
41 years$3,218$2,000$1,199$699$399$23
42 years$3,106$1,905$1,125$645$362$19
43 years$3,000$1,815$1,056$595$328$16
44 years$2,899$1,730$991$550$298$13
45 years$2,803$1,650$930$508$271$11
46 years$2,711$1,574$874$469$246$9
47 years$2,623$1,502$821$433$223$8
48 years$2,539$1,434$772$400$203$7
49 years$2,459$1,369$725$370$184$5
50 years$2,382$1,308$682$342$167$5

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 $6,499 every year, while hoping to spend $35,630 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: 81/12/7 Blend
34$2,440,000$2,440,000$2,440,000$2,440,000
35$2,695,584$2,566,264$2,528,444$2,911,484
36$2,932,623$2,654,101$2,575,237$3,141,566
37$3,192,647$2,745,047$2,622,403$3,388,637
38$3,477,961$2,839,219$2,669,917$3,658,717
39$3,791,106$2,936,734$2,717,753$3,954,089
40$4,134,882$3,037,717$2,765,880$4,277,262
41$4,512,370$3,142,296$2,814,268$4,631,004
42$4,926,969$3,250,605$2,862,883$5,018,360
43$5,382,417$3,362,782$2,911,687$5,442,686
44$5,882,838$3,478,973$2,960,643$5,907,674
45$6,432,772$3,599,326$3,009,709$6,417,394
46$7,037,220$3,723,999$3,058,839$6,976,328
47$7,701,693$3,853,151$3,107,987$7,589,411
48$8,432,263$3,986,953$3,157,102$8,262,081
49$9,235,618$4,125,578$3,206,129$9,000,327
50$10,119,129$4,269,209$3,255,012$9,810,745
51$11,090,914$4,418,034$3,303,689$10,700,603
52$12,159,919$4,572,250$3,352,095$11,677,906
53$13,336,002$4,732,062$3,400,161$12,751,474
54$14,630,022$4,897,680$3,447,814$13,931,021
55$16,053,945$5,069,328$3,494,977$15,227,252
56$17,620,956$5,247,233$3,541,567$16,651,958
57$19,345,581$5,431,635$3,587,497$18,218,130
58$21,243,827$5,622,782$3,632,675$19,940,081
59$23,333,332$5,820,933$3,677,005$21,833,579
60$25,633,530$6,026,356$3,720,382$23,916,000
61$28,165,834$6,239,332$3,762,698$26,206,484
62$30,953,840$6,460,150$3,803,840$28,726,123
63$34,023,548$6,689,113$3,843,685$31,498,153
64$37,403,607$6,926,537$3,882,105$34,548,178
65$41,125,586$7,172,749$3,918,967$37,904,410
66$45,224,272$7,428,090$3,954,129$41,597,932
67$49,737,996$7,692,915$3,987,441$45,662,993
68$54,708,997$7,967,592$4,018,745$50,137,333
69$60,183,818$8,252,508$4,047,876$55,062,533
70$66,213,747$8,548,061$4,074,660$60,484,412
71$72,855,302$8,854,668$4,098,913$66,453,458
72$80,170,759$9,172,763$4,120,444$73,025,302
73$88,228,746$9,502,798$4,139,048$80,261,245
74$97,104,885$9,845,242$4,154,513$88,228,832
75$106,882,510$10,200,586$4,166,616$97,002,494
76$117,653,450$10,569,338$4,175,121$106,664,248
77$129,518,897$10,952,031$4,179,783$117,304,469
78$142,590,361$11,349,217$4,180,342$129,022,744
79$156,990,721$11,761,471$4,176,526$141,928,811
80$172,855,386$12,189,395$4,168,051$156,143,593
81$190,333,572$12,633,612$4,154,618$171,800,343
82$209,589,712$13,094,775$4,135,913$189,045,895
83$230,805,005$13,573,561$4,111,609$208,042,053
84$254,179,128$14,070,678$4,081,360$228,967,117
85$279,932,120$14,586,862$4,044,806$252,017,566
86$308,306,458$15,122,880$4,001,570$277,409,910
87$339,569,349$15,679,534$3,951,255$305,382,735
88$374,015,247$16,257,656$3,893,446$336,198,952
89$411,968,637$16,858,115$3,827,711$370,148,280
90$453,787,092$17,481,817$3,753,594$407,549,981
91$499,864,657$18,129,707$3,670,620$448,755,870
92$550,635,558$18,802,769$3,578,292$494,153,634
93$606,578,310$19,502,029$3,476,090$544,170,498
94$668,220,226$20,228,558$3,363,468$599,277,249
95$736,142,403$20,983,471$3,239,857$659,992,684
96$810,985,198$21,767,931$3,104,663$726,888,503
97$893,454,282$22,583,153$2,957,262$800,594,710
98$984,327,292$23,430,401$2,797,004$881,805,554
99$1,084,461,181$24,310,996$2,623,209$971,286,084
100$1,194,800,300$25,226,313$2,435,165$1,069,879,370