Can I retire at age 35 with 2,470,000?

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 $2,470,000?

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$203,970$202,153$200,381$198,651$196,961$192,984
2 years$100,975$99,095$97,272$95,505$93,791$89,802
3 years$66,648$64,760$62,942$61,191$59,505$55,628
4 years$49,488$47,605$45,805$44,085$42,439$38,704
5 years$39,195$37,323$35,547$33,861$32,262$28,679
6 years$32,335$30,477$28,727$27,079$25,528$22,102
7 years$27,436$25,595$23,872$22,263$20,761$17,492
8 years$23,765$21,939$20,246$18,676$17,223$14,111
9 years$20,910$19,102$17,438$15,908$14,504$11,546
10 years$18,628$16,838$15,202$13,713$12,358$9,551
11 years$16,762$14,989$13,384$11,934$10,629$7,970
12 years$15,208$13,454$11,878$10,468$9,211$6,695
13 years$13,894$12,158$10,612$9,242$8,032$5,656
14 years$12,769$11,052$9,535$8,204$7,041$4,800
15 years$11,795$10,096$8,609$7,316$6,199$4,089
16 years$10,943$9,263$7,805$6,551$5,479$3,495
17 years$10,192$8,531$7,102$5,886$4,858$2,994
18 years$9,526$7,883$6,484$5,304$4,319$2,571
19 years$8,930$7,306$5,935$4,793$3,850$2,212
20 years$8,395$6,789$5,447$4,341$3,439$1,906
21 years$7,911$6,323$5,010$3,940$3,077$1,645
22 years$7,472$5,903$4,618$3,582$2,758$1,421
23 years$7,071$5,521$4,264$3,262$2,476$1,229
24 years$6,705$5,172$3,943$2,975$2,226$1,064
25 years$6,368$4,854$3,652$2,717$2,003$921
26 years$6,058$4,562$3,387$2,485$1,804$799
27 years$5,771$4,293$3,145$2,274$1,626$692
28 years$5,505$4,046$2,924$2,084$1,468$601
29 years$5,258$3,817$2,721$1,911$1,325$521
30 years$5,028$3,604$2,535$1,754$1,197$453
31 years$4,813$3,407$2,363$1,611$1,083$393
32 years$4,612$3,224$2,205$1,480$979$342
33 years$4,423$3,053$2,058$1,361$886$297
34 years$4,246$2,894$1,923$1,252$802$258
35 years$4,080$2,745$1,798$1,153$727$224
36 years$3,923$2,605$1,682$1,062$658$195
37 years$3,775$2,474$1,574$978$597$170
38 years$3,635$2,351$1,474$902$541$147
39 years$3,502$2,236$1,381$831$491$128
40 years$3,377$2,127$1,295$767$445$112
41 years$3,258$2,025$1,214$707$404$97
42 years$3,145$1,929$1,139$653$366$84
43 years$3,037$1,838$1,069$603$332$73
44 years$2,935$1,752$1,003$557$302$64
45 years$2,837$1,670$942$514$274$56
46 years$2,744$1,593$885$475$249$48
47 years$2,655$1,521$831$439$226$42
48 years$2,570$1,452$781$405$205$37
49 years$2,489$1,386$734$375$186$32
50 years$2,412$1,324$690$346$169$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,470,000, adding $5,272 every year, while hoping to spend $40,492 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: 59/36/5 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,727,378$2,596,468$2,558,183$2,885,579
36$2,962,487$2,680,612$2,600,799$3,076,278
37$3,220,221$2,767,522$2,643,485$3,278,985
38$3,502,843$2,857,290$2,686,202$3,498,959
39$3,812,849$2,950,013$2,728,906$3,737,856
40$4,152,986$3,045,790$2,771,551$3,997,498
41$4,526,281$3,144,724$2,814,088$4,279,888
42$4,936,067$3,246,921$2,856,465$4,587,232
43$5,386,016$3,352,490$2,898,627$4,921,956
44$5,880,174$3,461,547$2,940,515$5,286,731
45$6,422,997$3,574,208$2,982,068$5,684,494
46$7,019,394$3,690,595$3,023,218$6,118,481
47$7,674,773$3,810,835$3,063,896$6,592,251
48$8,395,091$3,935,057$3,104,028$7,109,725
49$9,186,913$4,063,397$3,143,536$7,675,216
50$10,057,469$4,195,995$3,182,336$8,293,475
51$11,014,728$4,332,996$3,220,341$8,969,733
52$12,067,466$4,474,548$3,257,458$9,709,748
53$13,225,354$4,620,807$3,293,589$10,519,861
54$14,499,047$4,771,934$3,328,631$11,407,056
55$15,900,285$4,928,094$3,362,476$12,379,023
56$17,442,003$5,089,460$3,395,008$13,444,230
57$19,138,453$5,256,209$3,426,106$14,612,007
58$21,005,337$5,428,525$3,455,643$15,892,625
59$23,059,959$5,606,601$3,483,485$17,297,399
60$25,321,383$5,790,632$3,509,489$18,838,793
61$27,810,615$5,980,824$3,533,508$20,530,535
62$30,550,802$6,177,389$3,555,385$22,387,745
63$33,567,449$6,380,546$3,574,955$24,427,081
64$36,888,658$6,590,522$3,592,046$26,666,893
65$40,545,396$6,807,552$3,606,474$29,127,393
66$44,571,786$7,031,882$3,618,051$31,830,851
67$49,005,426$7,263,762$3,626,573$34,801,796
68$53,887,749$7,503,455$3,631,832$38,067,256
69$59,264,406$7,751,232$3,633,606$41,657,004
70$65,185,707$8,007,373$3,631,663$45,603,844
71$71,707,084$8,272,170$3,625,759$49,943,916
72$78,889,623$8,545,923$3,615,638$54,717,036
73$86,800,637$8,828,945$3,601,034$59,967,074
74$95,514,298$9,121,560$3,581,666$65,742,365
75$105,112,343$9,424,103$3,557,238$72,096,162
76$115,684,840$9,736,921$3,527,443$79,087,143
77$127,331,039$10,060,376$3,491,957$86,779,957
78$140,160,310$10,394,839$3,450,443$95,245,839
79$154,293,174$10,740,699$3,402,545$104,563,276
80$169,862,440$11,098,356$3,347,893$114,818,753
81$187,014,460$11,468,226$3,286,098$126,107,559
82$205,910,506$11,850,740$3,216,753$138,534,695
83$226,728,296$12,246,345$3,139,434$152,215,857
84$249,663,671$12,655,505$3,053,694$167,278,527
85$274,932,441$13,078,700$2,959,068$183,863,179
86$302,772,423$13,516,429$2,855,069$202,124,601
87$333,445,683$13,969,207$2,741,188$222,233,353
88$367,241,017$14,437,572$2,616,891$244,377,378
89$404,476,666$14,922,079$2,481,622$268,763,773
90$445,503,329$15,423,304$2,334,800$295,620,742
91$490,707,468$15,941,845$2,175,815$325,199,752
92$540,514,958$16,478,324$2,004,033$357,777,898
93$595,395,104$17,033,382$1,818,789$393,660,524
94$655,865,075$17,607,688$1,619,389$433,184,099
95$722,494,783$18,201,935$1,405,108$476,719,393
96$795,912,263$18,816,842$1,175,191$524,674,974
97$876,809,600$19,453,153$928,846$577,501,066
98$965,949,466$20,111,644$665,249$635,693,790
99$1,064,172,314$20,793,118$383,538$699,799,854
100$1,172,404,317$21,498,408$82,814$770,421,705