Can I retire at age 35 with 2,460,000?

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 $2,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$203,145$201,335$199,570$197,846$196,164$192,361
2 years$100,567$98,694$96,878$95,118$93,411$89,595
3 years$66,378$64,497$62,687$60,943$59,264$55,554
4 years$49,288$47,412$45,620$43,906$42,268$38,692
5 years$39,036$37,172$35,403$33,724$32,131$28,700
6 years$32,204$30,354$28,611$26,970$25,424$22,142
7 years$27,325$25,491$23,776$22,173$20,677$17,543
8 years$23,668$21,850$20,164$18,600$17,153$14,169
9 years$20,825$19,025$17,367$15,843$14,446$11,607
10 years$18,552$16,769$15,141$13,657$12,308$9,614
11 years$16,694$14,929$13,330$11,886$10,586$8,032
12 years$15,146$13,399$11,830$10,426$9,173$6,757
13 years$13,838$12,109$10,569$9,204$7,999$5,716
14 years$12,717$11,007$9,496$8,170$7,012$4,857
15 years$11,747$10,055$8,574$7,287$6,174$4,144
16 years$10,899$9,225$7,774$6,524$5,457$3,546
17 years$10,151$8,496$7,074$5,862$4,838$3,043
18 years$9,487$7,851$6,457$5,283$4,302$2,617
19 years$8,894$7,276$5,911$4,774$3,834$2,254
20 years$8,361$6,761$5,425$4,323$3,425$1,946
21 years$7,879$6,298$4,990$3,924$3,065$1,681
22 years$7,441$5,879$4,599$3,568$2,747$1,455
23 years$7,043$5,498$4,247$3,249$2,466$1,260
24 years$6,678$5,152$3,927$2,963$2,217$1,092
25 years$6,342$4,834$3,637$2,706$1,995$948
26 years$6,033$4,544$3,374$2,474$1,797$823
27 years$5,748$4,276$3,133$2,265$1,620$715
28 years$5,483$4,029$2,912$2,075$1,462$621
29 years$5,237$3,801$2,710$1,903$1,320$540
30 years$5,007$3,590$2,524$1,746$1,193$470
31 years$4,793$3,394$2,353$1,604$1,078$409
32 years$4,593$3,211$2,196$1,474$975$355
33 years$4,405$3,041$2,050$1,356$883$309
34 years$4,229$2,882$1,916$1,247$799$269
35 years$4,063$2,734$1,791$1,148$724$235
36 years$3,907$2,595$1,675$1,057$656$204
37 years$3,760$2,464$1,568$974$594$178
38 years$3,620$2,342$1,468$898$539$155
39 years$3,488$2,227$1,376$828$489$135
40 years$3,363$2,119$1,290$764$443$118
41 years$3,245$2,017$1,209$705$402$103
42 years$3,132$1,921$1,134$650$365$89
43 years$3,025$1,830$1,064$600$331$78
44 years$2,923$1,744$999$554$301$68
45 years$2,826$1,664$938$512$273$59
46 years$2,733$1,587$881$473$248$52
47 years$2,645$1,514$828$437$225$45
48 years$2,560$1,446$778$404$204$39
49 years$2,479$1,381$731$373$186$34
50 years$2,402$1,319$687$345$169$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,460,000, adding $6,220 every year, while hoping to spend $58,570 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: 41/31/28 Blend
34$2,460,000$2,460,000$2,460,000$2,460,000
35$2,717,336$2,586,956$2,548,826$2,806,152
36$2,932,186$2,651,399$2,571,894$2,935,421
37$3,166,988$2,717,036$2,593,771$3,069,315
38$3,423,715$2,783,865$2,614,356$3,213,133
39$3,704,539$2,851,880$2,633,543$3,367,823
40$4,011,853$2,921,073$2,651,218$3,534,432
41$4,348,291$2,991,434$2,667,262$3,714,113
42$4,716,753$3,062,951$2,681,552$3,908,136
43$5,120,434$3,135,608$2,693,956$4,117,900
44$5,562,851$3,209,386$2,704,336$4,344,951
45$6,047,879$3,284,263$2,712,549$4,590,989
46$6,579,785$3,360,214$2,718,441$4,857,891
47$7,163,269$3,437,209$2,721,854$5,147,724
48$7,803,506$3,515,217$2,722,620$5,462,768
49$8,506,200$3,594,198$2,720,564$5,805,537
50$9,277,631$3,674,112$2,715,501$6,178,802
51$10,124,717$3,754,912$2,707,239$6,585,618
52$11,055,080$3,836,545$2,695,573$7,029,353
53$12,077,116$3,918,953$2,680,293$7,513,720
54$13,200,074$4,002,074$2,661,175$8,042,813
55$14,434,143$4,085,837$2,637,985$8,621,146
56$15,790,548$4,170,165$2,610,481$9,253,695
57$17,281,657$4,254,976$2,578,404$9,945,948
58$18,921,093$4,340,177$2,541,488$10,703,952
59$20,723,868$4,425,670$2,499,452$11,534,376
60$22,706,520$4,511,345$2,452,001$12,444,574
61$24,887,271$4,597,087$2,398,829$13,442,650
62$27,286,196$4,682,767$2,339,612$14,537,541
63$29,925,414$4,768,249$2,274,016$15,739,101
64$32,829,297$4,853,384$2,201,687$17,058,189
65$36,024,699$4,938,013$2,122,256$18,506,781
66$39,541,206$5,021,964$2,035,340$20,098,077
67$43,411,419$5,105,050$1,940,534$21,846,631
68$47,671,260$5,187,074$1,837,418$23,768,487
69$52,360,309$5,267,821$1,725,552$25,881,331
70$57,522,178$5,347,062$1,604,475$28,204,661
71$63,204,923$5,424,551$1,473,708$30,759,970
72$69,461,496$5,500,024$1,332,748$33,570,953
73$76,350,244$5,573,201$1,181,070$36,663,728
74$83,935,460$5,643,778$1,018,127$40,067,090
75$92,287,988$5,711,435$843,346$43,812,776
76$101,485,895$5,775,828$656,130$47,935,774
77$111,615,201$5,836,588$455,855$52,474,651
78$122,770,695$5,893,324$241,870$57,471,918
79$135,056,828$5,945,619$13,494$62,974,437
80$148,588,698$5,993,027$0$69,033,860
81$163,493,134$6,035,075$0$75,775,907
82$179,909,897$6,071,257$0$83,203,328
83$197,992,995$6,101,037$0$91,381,494
84$217,912,136$6,123,843$0$100,386,896
85$239,854,330$6,139,068$0$110,303,830
86$264,025,656$6,146,067$0$121,225,193
87$290,653,202$6,144,153$0$133,253,365
88$319,987,210$6,132,598$0$146,501,170
89$352,303,441$6,110,630$0$161,092,950
90$387,905,768$6,077,428$0$177,165,732
91$427,129,056$6,032,122$0$194,870,528
92$470,342,312$5,973,787$0$214,373,761
93$517,952,171$5,901,447$0$235,858,837
94$570,406,737$5,814,062$0$259,527,879
95$628,199,807$5,710,534$0$285,603,632
96$691,875,535$5,589,698$0$314,331,577
97$762,033,567$5,450,320$0$345,982,240
98$839,334,700$5,291,095$0$380,853,756
99$924,507,120$5,110,639$0$419,274,683
100$1,018,353,276$4,907,490$0$461,607,102