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%17%
1 years$203,970$202,153$200,381$198,651$196,961$191,347
2 years$100,975$99,095$97,272$95,505$93,791$88,178
3 years$66,648$64,760$62,942$61,191$59,505$54,070
4 years$49,488$47,605$45,805$44,085$42,439$37,223
5 years$39,195$37,323$35,547$33,861$32,262$27,279
6 years$32,335$30,477$28,727$27,079$25,528$20,783
7 years$27,436$25,595$23,872$22,263$20,761$16,254
8 years$23,765$21,939$20,246$18,676$17,223$12,952
9 years$20,910$19,102$17,438$15,908$14,504$10,465
10 years$18,628$16,838$15,202$13,713$12,358$8,545
11 years$16,762$14,989$13,384$11,934$10,629$7,035
12 years$15,208$13,454$11,878$10,468$9,211$5,829
13 years$13,894$12,158$10,612$9,242$8,032$4,856
14 years$12,769$11,052$9,535$8,204$7,041$4,062
15 years$11,795$10,096$8,609$7,316$6,199$3,410
16 years$10,943$9,263$7,805$6,551$5,479$2,871
17 years$10,192$8,531$7,102$5,886$4,858$2,423
18 years$9,526$7,883$6,484$5,304$4,319$2,049
19 years$8,930$7,306$5,935$4,793$3,850$1,735
20 years$8,395$6,789$5,447$4,341$3,439$1,472
21 years$7,911$6,323$5,010$3,940$3,077$1,250
22 years$7,472$5,903$4,618$3,582$2,758$1,062
23 years$7,071$5,521$4,264$3,262$2,476$903
24 years$6,705$5,172$3,943$2,975$2,226$769
25 years$6,368$4,854$3,652$2,717$2,003$655
26 years$6,058$4,562$3,387$2,485$1,804$558
27 years$5,771$4,293$3,145$2,274$1,626$476
28 years$5,505$4,046$2,924$2,084$1,468$406
29 years$5,258$3,817$2,721$1,911$1,325$346
30 years$5,028$3,604$2,535$1,754$1,197$296
31 years$4,813$3,407$2,363$1,611$1,083$252
32 years$4,612$3,224$2,205$1,480$979$215
33 years$4,423$3,053$2,058$1,361$886$184
34 years$4,246$2,894$1,923$1,252$802$157
35 years$4,080$2,745$1,798$1,153$727$134
36 years$3,923$2,605$1,682$1,062$658$115
37 years$3,775$2,474$1,574$978$597$98
38 years$3,635$2,351$1,474$902$541$84
39 years$3,502$2,236$1,381$831$491$71
40 years$3,377$2,127$1,295$767$445$61
41 years$3,258$2,025$1,214$707$404$52
42 years$3,145$1,929$1,139$653$366$45
43 years$3,037$1,838$1,069$603$332$38
44 years$2,935$1,752$1,003$557$302$33
45 years$2,837$1,670$942$514$274$28
46 years$2,744$1,593$885$475$249$24
47 years$2,655$1,521$831$439$226$20
48 years$2,570$1,452$781$405$205$17
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 $2,883 every year, while hoping to spend $27,670 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: 75/18/7 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,724,914$2,594,004$2,555,719$2,926,574
36$2,973,414$2,691,669$2,611,895$3,157,306
37$3,246,335$2,793,193$2,669,025$3,406,259
38$3,546,136$2,898,735$2,727,113$3,678,260
39$3,875,531$3,008,462$2,786,160$3,975,581
40$4,237,506$3,122,547$2,846,167$4,300,725
41$4,635,352$3,241,173$2,907,135$4,656,447
42$5,072,696$3,364,528$2,969,062$5,045,779
43$5,553,532$3,492,811$3,031,946$5,472,060
44$6,082,261$3,626,228$3,095,785$5,938,965
45$6,663,732$3,764,993$3,160,574$6,450,544
46$7,303,287$3,909,332$3,226,307$7,011,253
47$8,006,811$4,059,479$3,292,978$7,626,001
48$8,780,791$4,215,678$3,360,578$8,300,194
49$9,632,372$4,378,186$3,429,097$9,039,785
50$10,569,425$4,547,269$3,498,524$9,851,330
51$11,600,627$4,723,205$3,568,845$10,742,052
52$12,735,534$4,906,286$3,640,044$11,719,902
53$13,984,679$5,096,814$3,712,106$12,793,643
54$15,359,665$5,295,107$3,785,011$13,972,923
55$16,873,280$5,501,496$3,858,737$15,268,371
56$18,539,611$5,716,325$3,933,261$16,691,696
57$20,374,183$5,939,958$4,008,557$18,255,794
58$22,394,103$6,172,769$4,084,597$19,974,875
59$24,618,220$6,415,153$4,161,350$21,864,588
60$27,067,305$6,667,522$4,238,781$23,942,176
61$29,764,244$6,930,304$4,316,854$26,226,634
62$32,734,257$7,203,949$4,395,529$28,738,888
63$36,005,134$7,488,926$4,474,762$31,501,992
64$39,607,498$7,785,724$4,554,508$34,541,344
65$43,575,094$8,094,855$4,634,714$37,884,928
66$47,945,104$8,416,853$4,715,328$41,563,573
67$52,758,504$8,752,279$4,796,291$45,611,247
68$58,060,445$9,101,714$4,877,540$50,065,372
69$63,900,683$9,465,770$4,959,010$54,967,183
70$70,334,044$9,845,084$5,040,628$60,362,109
71$77,420,946$10,240,323$5,122,319$66,300,205
72$85,227,965$10,652,182$5,204,000$72,836,624
73$93,828,469$11,081,390$5,285,585$80,032,134
74$103,303,302$11,528,707$5,366,981$87,953,691
75$113,741,555$11,994,930$5,448,091$96,675,071
76$125,241,400$12,480,889$5,528,809$106,277,564
77$137,911,024$12,987,453$5,609,025$116,850,742
78$151,869,642$13,515,531$5,688,620$128,493,300
79$167,248,627$14,066,074$5,767,471$141,313,988
80$184,192,749$14,640,074$5,845,444$155,432,637
81$202,861,542$15,238,570$5,922,399$170,981,288
82$223,430,808$15,862,649$5,998,187$188,105,436
83$246,094,276$16,513,444$6,072,652$206,965,401
84$271,065,434$17,192,145$6,145,628$227,737,844
85$298,579,541$17,899,993$6,216,939$250,617,429
86$328,895,848$18,638,286$6,286,400$275,818,658
87$362,300,046$19,408,383$6,353,816$303,577,897
88$399,106,962$20,211,705$6,418,980$334,155,606
89$439,663,531$21,049,738$6,481,675$367,838,791
90$484,352,071$21,924,035$6,541,671$404,943,716
91$533,593,892$22,836,223$6,598,727$445,818,882
92$587,853,274$23,788,002$6,652,589$490,848,320
93$647,641,846$24,781,152$6,702,989$540,455,209
94$713,523,419$25,817,534$6,749,644$595,105,871
95$786,119,310$26,899,095$6,792,259$655,314,169
96$866,114,201$28,027,872$6,830,521$721,646,357
97$954,262,608$29,205,997$6,864,102$794,726,421
98$1,051,396,003$30,435,700$6,892,659$875,241,970
99$1,158,430,661$31,719,314$6,915,828$963,950,719
100$1,276,376,310$33,059,282$6,933,230$1,061,687,643