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%13.9%
1 years$201,493$199,698$197,947$196,238$194,569$191,424
2 years$99,749$97,891$96,091$94,345$92,652$89,493
3 years$65,839$63,973$62,177$60,448$58,782$55,706
4 years$48,887$47,027$45,249$43,549$41,924$38,955
5 years$38,719$36,870$35,115$33,450$31,870$29,017
6 years$31,942$30,107$28,378$26,750$25,218$22,484
7 years$27,103$25,284$23,582$21,993$20,509$17,894
8 years$23,476$21,673$20,000$18,449$17,014$14,519
9 years$20,656$18,870$17,226$15,715$14,328$11,951
10 years$18,402$16,633$15,018$13,546$12,208$9,948
11 years$16,558$14,807$13,221$11,789$10,500$8,353
12 years$15,023$13,290$11,734$10,341$9,099$7,063
13 years$13,725$12,011$10,483$9,129$7,934$6,006
14 years$12,614$10,917$9,419$8,104$6,955$5,132
15 years$11,651$9,973$8,504$7,227$6,124$4,402
16 years$10,810$9,150$7,710$6,471$5,412$3,788
17 years$10,069$8,427$7,016$5,814$4,799$3,269
18 years$9,410$7,787$6,405$5,240$4,267$2,828
19 years$8,822$7,217$5,863$4,735$3,803$2,451
20 years$8,293$6,706$5,381$4,288$3,397$2,128
21 years$7,815$6,247$4,950$3,892$3,040$1,850
22 years$7,381$5,831$4,562$3,539$2,725$1,611
23 years$6,985$5,454$4,212$3,223$2,446$1,404
24 years$6,623$5,110$3,895$2,939$2,199$1,225
25 years$6,291$4,795$3,608$2,684$1,978$1,069
26 years$5,984$4,507$3,346$2,454$1,782$934
27 years$5,701$4,241$3,107$2,247$1,607$817
28 years$5,438$3,997$2,889$2,058$1,450$714
29 years$5,194$3,770$2,688$1,888$1,309$625
30 years$4,967$3,561$2,504$1,732$1,183$547
31 years$4,754$3,366$2,334$1,591$1,069$479
32 years$4,556$3,185$2,178$1,462$967$420
33 years$4,370$3,016$2,033$1,345$875$368
34 years$4,195$2,859$1,900$1,237$793$322
35 years$4,030$2,711$1,776$1,139$718$283
36 years$3,875$2,573$1,662$1,049$650$248
37 years$3,729$2,444$1,555$966$590$217
38 years$3,591$2,323$1,457$891$534$191
39 years$3,460$2,209$1,365$821$485$167
40 years$3,336$2,102$1,279$758$440$147
41 years$3,218$2,000$1,199$699$399$129
42 years$3,106$1,905$1,125$645$362$113
43 years$3,000$1,815$1,056$595$328$99
44 years$2,899$1,730$991$550$298$87
45 years$2,803$1,650$930$508$271$76
46 years$2,711$1,574$874$469$246$67
47 years$2,623$1,502$821$433$223$59
48 years$2,539$1,434$772$400$203$52
49 years$2,459$1,369$725$370$184$45
50 years$2,382$1,308$682$342$167$40

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 $2,004 every year, while hoping to spend $23,594 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: 54/19/27 Blend
34$2,440,000$2,440,000$2,440,000$2,440,000
35$2,690,947$2,561,627$2,523,807$2,815,991
36$2,940,320$2,662,043$2,583,251$3,002,984
37$3,214,338$2,766,589$2,643,895$3,203,864
38$3,515,490$2,875,441$2,705,755$3,422,091
39$3,846,518$2,988,786$2,768,846$3,659,337
40$4,210,444$3,106,817$2,833,183$3,917,443
41$4,610,594$3,229,736$2,898,780$4,198,434
42$5,050,637$3,357,755$2,965,651$4,504,538
43$5,534,611$3,491,095$3,033,810$4,838,206
44$6,066,968$3,629,985$3,103,269$5,202,138
45$6,652,612$3,774,668$3,174,042$5,599,303
46$7,296,947$3,925,394$3,246,141$6,032,971
47$8,005,925$4,082,428$3,319,576$6,506,739
48$8,786,107$4,246,045$3,394,359$7,024,569
49$9,644,720$4,416,531$3,470,500$7,590,823
50$10,589,728$4,594,188$3,548,009$8,210,303
51$11,629,906$4,779,329$3,626,893$8,888,294
52$12,774,923$4,972,283$3,707,161$9,630,620
53$14,035,433$5,173,392$3,788,818$10,443,689
54$15,423,175$5,383,017$3,871,872$11,334,561
55$16,951,086$5,601,531$3,956,326$12,311,009
56$18,633,417$5,829,326$4,042,183$13,381,596
57$20,485,876$6,066,814$4,129,447$14,555,749
58$22,525,769$6,314,421$4,218,117$15,843,853
59$24,772,166$6,572,597$4,308,193$17,257,347
60$27,246,082$6,841,809$4,399,672$18,808,827
61$29,970,673$7,122,549$4,492,552$20,512,171
62$32,971,456$7,415,327$4,586,826$22,382,663
63$36,276,547$7,720,681$4,682,487$24,437,140
64$39,916,930$8,039,170$4,779,526$26,694,150
65$43,926,748$8,371,380$4,877,932$29,174,123
66$48,343,623$8,717,925$4,977,689$31,899,567
67$53,209,015$9,079,445$5,078,784$34,895,276
68$58,568,609$9,456,612$5,181,198$38,188,566
69$64,472,748$9,850,127$5,284,908$41,809,529
70$70,976,908$10,260,723$5,389,893$45,791,317
71$78,142,223$10,689,169$5,496,124$50,170,456
72$86,036,058$11,136,267$5,603,573$54,987,186
73$94,732,650$11,602,857$5,712,207$60,285,841
74$104,313,802$12,089,820$5,821,988$66,115,267
75$114,869,663$12,598,074$5,932,877$72,529,280
76$126,499,571$13,128,581$6,044,831$79,587,176
77$139,312,995$13,682,350$6,157,801$87,354,284
78$153,430,568$14,260,433$6,271,735$95,902,587
79$168,985,224$14,863,933$6,386,576$105,311,395
80$186,123,455$15,494,003$6,502,264$115,668,096
81$205,006,690$16,151,852$6,618,733$127,068,974
82$225,812,822$16,838,742$6,735,910$139,620,124
83$248,737,887$17,555,997$6,853,720$153,438,443
84$273,997,911$18,305,001$6,972,079$168,652,739
85$301,830,953$19,087,201$7,090,899$185,404,940
86$332,499,351$19,904,115$7,210,085$203,851,433
87$366,292,197$20,757,329$7,329,535$224,164,540
88$403,528,068$21,648,505$7,449,141$246,534,140
89$444,558,031$22,579,382$7,568,788$271,169,461
90$489,768,958$23,551,779$7,688,350$298,301,052
91$539,587,180$24,567,604$7,807,697$328,182,956
92$594,482,505$25,628,850$7,926,689$361,095,108
93$654,972,664$26,737,607$8,045,176$397,345,970
94$721,628,186$27,896,060$8,162,999$437,275,448
95$795,077,793$29,106,499$8,279,992$481,258,090
96$876,014,332$30,371,321$8,395,975$529,706,624
97$965,201,313$31,693,035$8,510,760$583,075,847
98$1,063,480,123$33,074,269$8,624,146$641,866,919
99$1,171,777,961$34,517,775$8,735,921$706,632,090
100$1,291,116,600$36,026,432$8,845,861$777,979,905