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%16.7%
1 years$203,970$202,153$200,381$198,651$196,961$191,578
2 years$100,975$99,095$97,272$95,505$93,791$88,407
3 years$66,648$64,760$62,942$61,191$59,505$54,289
4 years$49,488$47,605$45,805$44,085$42,439$37,431
5 years$39,195$37,323$35,547$33,861$32,262$27,474
6 years$32,335$30,477$28,727$27,079$25,528$20,966
7 years$27,436$25,595$23,872$22,263$20,761$16,426
8 years$23,765$21,939$20,246$18,676$17,223$13,112
9 years$20,910$19,102$17,438$15,908$14,504$10,613
10 years$18,628$16,838$15,202$13,713$12,358$8,682
11 years$16,762$14,989$13,384$11,934$10,629$7,162
12 years$15,208$13,454$11,878$10,468$9,211$5,946
13 years$13,894$12,158$10,612$9,242$8,032$4,963
14 years$12,769$11,052$9,535$8,204$7,041$4,161
15 years$11,795$10,096$8,609$7,316$6,199$3,500
16 years$10,943$9,263$7,805$6,551$5,479$2,953
17 years$10,192$8,531$7,102$5,886$4,858$2,497
18 years$9,526$7,883$6,484$5,304$4,319$2,116
19 years$8,930$7,306$5,935$4,793$3,850$1,797
20 years$8,395$6,789$5,447$4,341$3,439$1,527
21 years$7,911$6,323$5,010$3,940$3,077$1,300
22 years$7,472$5,903$4,618$3,582$2,758$1,107
23 years$7,071$5,521$4,264$3,262$2,476$944
24 years$6,705$5,172$3,943$2,975$2,226$806
25 years$6,368$4,854$3,652$2,717$2,003$688
26 years$6,058$4,562$3,387$2,485$1,804$588
27 years$5,771$4,293$3,145$2,274$1,626$502
28 years$5,505$4,046$2,924$2,084$1,468$429
29 years$5,258$3,817$2,721$1,911$1,325$367
30 years$5,028$3,604$2,535$1,754$1,197$314
31 years$4,813$3,407$2,363$1,611$1,083$269
32 years$4,612$3,224$2,205$1,480$979$230
33 years$4,423$3,053$2,058$1,361$886$197
34 years$4,246$2,894$1,923$1,252$802$169
35 years$4,080$2,745$1,798$1,153$727$144
36 years$3,923$2,605$1,682$1,062$658$124
37 years$3,775$2,474$1,574$978$597$106
38 years$3,635$2,351$1,474$902$541$91
39 years$3,502$2,236$1,381$831$491$78
40 years$3,377$2,127$1,295$767$445$67
41 years$3,258$2,025$1,214$707$404$57
42 years$3,145$1,929$1,139$653$366$49
43 years$3,037$1,838$1,069$603$332$42
44 years$2,935$1,752$1,003$557$302$36
45 years$2,837$1,670$942$514$274$31
46 years$2,744$1,593$885$475$249$26
47 years$2,655$1,521$831$439$226$23
48 years$2,570$1,452$781$405$205$19
49 years$2,489$1,386$734$375$186$17
50 years$2,412$1,324$690$346$169$14

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 $3,056 every year, while hoping to spend $42,905 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: 36/48/16 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,725,092$2,594,182$2,555,897$2,809,758
36$2,957,401$2,675,647$2,595,869$2,952,749
37$3,211,967$2,759,665$2,635,742$3,102,733
38$3,491,016$2,846,316$2,675,468$3,263,735
39$3,796,998$2,935,684$2,714,994$3,436,759
40$4,132,612$3,027,852$2,754,266$3,622,910
41$4,500,830$3,122,909$2,793,226$3,823,401
42$4,904,928$3,220,945$2,831,812$4,039,568
43$5,348,511$3,322,051$2,869,958$4,272,878
44$5,835,553$3,426,326$2,907,596$4,524,942
45$6,370,430$3,533,867$2,944,652$4,797,536
46$6,957,964$3,644,777$2,981,048$5,092,611
47$7,603,466$3,759,160$3,016,702$5,412,313
48$8,312,786$3,877,125$3,051,528$5,759,004
49$9,092,371$3,998,785$3,085,434$6,135,283
50$9,949,320$4,124,253$3,118,325$6,544,008
51$10,891,459$4,253,650$3,150,097$6,988,326
52$11,927,407$4,387,097$3,180,643$7,471,702
53$13,066,659$4,524,722$3,209,852$7,997,948
54$14,319,678$4,666,653$3,237,602$8,571,260
55$15,697,993$4,813,027$3,263,769$9,196,258
56$17,214,303$4,963,980$3,288,220$9,878,030
57$18,882,603$5,119,656$3,310,816$10,622,176
58$20,718,312$5,280,202$3,331,412$11,434,863
59$22,738,417$5,445,770$3,349,852$12,322,882
60$24,961,639$5,616,516$3,365,976$13,293,712
61$27,408,603$5,792,602$3,379,612$14,355,587
62$30,102,035$5,974,194$3,390,583$15,517,579
63$33,066,975$6,161,462$3,398,701$16,789,678
64$36,331,018$6,354,585$3,403,768$18,182,886
65$39,924,566$6,553,744$3,405,579$19,709,323
66$43,881,121$6,759,127$3,403,915$21,382,338
67$48,237,598$6,970,927$3,398,550$23,216,638
68$53,034,676$7,189,345$3,389,243$25,228,420
69$58,317,175$7,414,585$3,375,746$27,435,529
70$64,134,488$7,646,861$3,357,794$29,857,623
71$70,541,039$7,886,391$3,335,114$32,516,358
72$77,596,801$8,133,399$3,307,416$35,435,593
73$85,367,859$8,388,120$3,274,398$38,641,612
74$93,927,034$8,650,791$3,235,744$42,163,373
75$103,354,572$8,921,660$3,191,122$46,032,782
76$113,738,899$9,200,982$3,140,185$50,284,990
77$125,177,455$9,489,019$3,082,569$54,958,725
78$137,777,615$9,786,041$3,017,896$60,096,659
79$151,657,702$10,092,327$2,945,765$65,745,808
80$166,948,101$10,408,164$2,865,761$71,957,973
81$183,792,491$10,733,849$2,777,449$78,790,235
82$202,349,204$11,069,686$2,680,372$86,305,483
83$222,792,713$11,415,990$2,574,054$94,573,015
84$245,315,282$11,773,086$2,457,997$103,669,187
85$270,128,781$12,141,307$2,331,680$113,678,136
86$297,466,684$12,520,999$2,194,559$124,692,568
87$327,586,273$12,912,515$2,046,064$136,814,637
88$360,771,067$13,316,223$1,885,602$150,156,908
89$397,333,496$13,732,498$1,712,550$164,843,415
90$437,617,853$14,161,730$1,526,260$181,010,835
91$482,003,538$14,604,319$1,326,054$198,809,774
92$530,908,646$15,060,678$1,111,224$218,406,190
93$584,793,909$15,531,232$881,031$239,982,956
94$644,167,044$16,016,420$634,702$263,741,587
95$709,587,551$16,516,692$371,433$289,904,144
96$781,671,986$17,032,516$90,381$318,715,321
97$861,099,789$17,564,369$0$350,444,764
98$948,619,692$18,112,747$0$385,425,382
99$1,045,056,787$18,678,159$0$423,967,621
100$1,151,320,320$19,261,129$0$466,417,015