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

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 $2,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$203,970$202,153$200,381$198,651$196,961$191,424
2 years$100,975$99,095$97,272$95,505$93,791$88,254
3 years$66,648$64,760$62,942$61,191$59,505$54,142
4 years$49,488$47,605$45,805$44,085$42,439$37,292
5 years$39,195$37,323$35,547$33,861$32,262$27,344
6 years$32,335$30,477$28,727$27,079$25,528$20,844
7 years$27,436$25,595$23,872$22,263$20,761$16,311
8 years$23,765$21,939$20,246$18,676$17,223$13,005
9 years$20,910$19,102$17,438$15,908$14,504$10,514
10 years$18,628$16,838$15,202$13,713$12,358$8,590
11 years$16,762$14,989$13,384$11,934$10,629$7,077
12 years$15,208$13,454$11,878$10,468$9,211$5,868
13 years$13,894$12,158$10,612$9,242$8,032$4,892
14 years$12,769$11,052$9,535$8,204$7,041$4,095
15 years$11,795$10,096$8,609$7,316$6,199$3,440
16 years$10,943$9,263$7,805$6,551$5,479$2,898
17 years$10,192$8,531$7,102$5,886$4,858$2,447
18 years$9,526$7,883$6,484$5,304$4,319$2,071
19 years$8,930$7,306$5,935$4,793$3,850$1,755
20 years$8,395$6,789$5,447$4,341$3,439$1,490
21 years$7,911$6,323$5,010$3,940$3,077$1,266
22 years$7,472$5,903$4,618$3,582$2,758$1,077
23 years$7,071$5,521$4,264$3,262$2,476$917
24 years$6,705$5,172$3,943$2,975$2,226$781
25 years$6,368$4,854$3,652$2,717$2,003$666
26 years$6,058$4,562$3,387$2,485$1,804$568
27 years$5,771$4,293$3,145$2,274$1,626$485
28 years$5,505$4,046$2,924$2,084$1,468$414
29 years$5,258$3,817$2,721$1,911$1,325$353
30 years$5,028$3,604$2,535$1,754$1,197$302
31 years$4,813$3,407$2,363$1,611$1,083$258
32 years$4,612$3,224$2,205$1,480$979$220
33 years$4,423$3,053$2,058$1,361$886$188
34 years$4,246$2,894$1,923$1,252$802$161
35 years$4,080$2,745$1,798$1,153$727$137
36 years$3,923$2,605$1,682$1,062$658$118
37 years$3,775$2,474$1,574$978$597$100
38 years$3,635$2,351$1,474$902$541$86
39 years$3,502$2,236$1,381$831$491$73
40 years$3,377$2,127$1,295$767$445$63
41 years$3,258$2,025$1,214$707$404$54
42 years$3,145$1,929$1,139$653$366$46
43 years$3,037$1,838$1,069$603$332$39
44 years$2,935$1,752$1,003$557$302$34
45 years$2,837$1,670$942$514$274$29
46 years$2,744$1,593$885$475$249$25
47 years$2,655$1,521$831$439$226$21
48 years$2,570$1,452$781$405$205$18
49 years$2,489$1,386$734$375$186$15
50 years$2,412$1,324$690$346$169$13

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 $3,672 every year, while hoping to spend $23,788 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: 48/25/27 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,725,728$2,594,818$2,556,533$2,835,413
36$2,978,442$2,696,653$2,616,866$3,014,675
37$3,256,135$2,802,682$2,678,424$3,206,604
38$3,561,331$2,913,083$2,741,221$3,414,574
39$3,896,809$3,028,046$2,805,274$3,640,110
40$4,265,630$3,147,767$2,870,597$3,884,888
41$4,671,168$3,272,452$2,937,206$4,150,751
42$5,117,141$3,402,316$3,005,116$4,439,724
43$5,607,642$3,537,582$3,074,340$4,754,038
44$6,147,184$3,678,486$3,144,893$5,096,143
45$6,740,737$3,825,272$3,216,787$5,468,737
46$7,393,779$3,978,197$3,290,036$5,874,788
47$8,112,343$4,137,528$3,364,652$6,317,562
48$8,903,080$4,303,545$3,440,646$6,800,653
49$9,773,316$4,476,540$3,518,028$7,328,015
50$10,731,122$4,656,818$3,596,810$7,904,002
51$11,785,394$4,844,699$3,677,001$8,533,404
52$12,945,931$5,040,517$3,758,608$9,221,497
53$14,223,535$5,244,621$3,841,640$9,974,086
54$15,630,103$5,457,375$3,926,102$10,797,562
55$17,178,747$5,679,160$4,012,000$11,698,964
56$18,883,916$5,910,376$4,099,339$12,686,039
57$20,761,530$6,151,438$4,188,121$13,767,319
58$22,829,131$6,402,784$4,278,349$14,952,197
59$25,106,050$6,664,868$4,370,021$16,251,019
60$27,613,588$6,938,168$4,463,138$17,675,177
61$30,375,217$7,223,180$4,557,695$19,237,217
62$33,416,800$7,520,428$4,653,689$20,950,954
63$36,766,839$7,830,454$4,751,113$22,831,606
64$40,456,741$8,153,830$4,849,959$24,895,934
65$44,521,112$8,491,151$4,950,217$27,162,396
66$48,998,089$8,843,042$5,051,873$29,651,325
67$53,929,697$9,210,153$5,154,913$32,385,118
68$59,362,243$9,593,168$5,259,320$35,388,444
69$65,346,758$9,992,799$5,365,073$38,688,478
70$71,939,475$10,409,794$5,472,151$42,315,153
71$79,202,360$10,844,933$5,580,527$46,301,447
72$87,203,699$11,299,033$5,690,173$50,683,685
73$96,018,740$11,772,949$5,801,057$55,501,886
74$105,730,403$12,267,575$5,913,144$60,800,137
75$116,430,065$12,783,847$6,026,395$66,627,007
76$128,218,420$13,322,744$6,140,768$73,036,003
77$141,206,430$13,885,290$6,256,215$80,086,078
78$155,516,374$14,472,558$6,372,687$87,842,178
79$171,283,000$15,085,668$6,490,127$96,375,857
80$188,654,796$15,725,796$6,608,476$105,765,953
81$207,795,394$16,394,169$6,727,669$116,099,324
82$228,885,114$17,092,073$6,847,636$127,471,671
83$252,122,666$17,820,855$6,968,302$139,988,433
84$277,727,023$18,581,921$7,089,585$153,765,787
85$305,939,491$19,376,747$7,211,398$168,931,737
86$337,025,987$20,206,876$7,333,647$185,627,320
87$371,279,546$21,073,921$7,456,233$204,007,937
88$409,023,091$21,979,575$7,579,048$224,244,813
89$450,612,478$22,925,606$7,701,978$246,526,616
90$496,439,857$23,913,867$7,824,901$271,061,229
91$546,937,373$24,946,297$7,947,686$298,077,712
92$602,581,247$26,024,927$8,070,195$327,828,460
93$663,896,268$27,151,882$8,192,280$360,591,582
94$731,460,750$28,329,388$8,313,785$396,673,525
95$805,911,993$29,559,774$8,434,542$436,411,958
96$887,952,292$30,845,479$8,554,376$480,178,959
97$978,355,577$32,189,058$8,673,098$528,384,523
98$1,077,974,709$33,593,186$8,790,510$581,480,427
99$1,187,749,539$35,060,661$8,906,402$639,964,488
100$1,308,715,776$36,594,418$9,020,551$704,385,265