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%12.3%
1 years$203,970$202,153$200,381$198,651$196,961$195,067
2 years$100,975$99,095$97,272$95,505$93,791$91,883
3 years$66,648$64,760$62,942$61,191$59,505$57,642
4 years$49,488$47,605$45,805$44,085$42,439$40,636
5 years$39,195$37,323$35,547$33,861$32,262$30,523
6 years$32,335$30,477$28,727$27,079$25,528$23,856
7 years$27,436$25,595$23,872$22,263$20,761$19,157
8 years$23,765$21,939$20,246$18,676$17,223$15,687
9 years$20,910$19,102$17,438$15,908$14,504$13,035
10 years$18,628$16,838$15,202$13,713$12,358$10,956
11 years$16,762$14,989$13,384$11,934$10,629$9,291
12 years$15,208$13,454$11,878$10,468$9,211$7,937
13 years$13,894$12,158$10,612$9,242$8,032$6,820
14 years$12,769$11,052$9,535$8,204$7,041$5,890
15 years$11,795$10,096$8,609$7,316$6,199$5,107
16 years$10,943$9,263$7,805$6,551$5,479$4,444
17 years$10,192$8,531$7,102$5,886$4,858$3,879
18 years$9,526$7,883$6,484$5,304$4,319$3,394
19 years$8,930$7,306$5,935$4,793$3,850$2,976
20 years$8,395$6,789$5,447$4,341$3,439$2,615
21 years$7,911$6,323$5,010$3,940$3,077$2,301
22 years$7,472$5,903$4,618$3,582$2,758$2,028
23 years$7,071$5,521$4,264$3,262$2,476$1,789
24 years$6,705$5,172$3,943$2,975$2,226$1,580
25 years$6,368$4,854$3,652$2,717$2,003$1,397
26 years$6,058$4,562$3,387$2,485$1,804$1,236
27 years$5,771$4,293$3,145$2,274$1,626$1,094
28 years$5,505$4,046$2,924$2,084$1,468$970
29 years$5,258$3,817$2,721$1,911$1,325$860
30 years$5,028$3,604$2,535$1,754$1,197$763
31 years$4,813$3,407$2,363$1,611$1,083$677
32 years$4,612$3,224$2,205$1,480$979$601
33 years$4,423$3,053$2,058$1,361$886$533
34 years$4,246$2,894$1,923$1,252$802$474
35 years$4,080$2,745$1,798$1,153$727$421
36 years$3,923$2,605$1,682$1,062$658$374
37 years$3,775$2,474$1,574$978$597$333
38 years$3,635$2,351$1,474$902$541$296
39 years$3,502$2,236$1,381$831$491$263
40 years$3,377$2,127$1,295$767$445$234
41 years$3,258$2,025$1,214$707$404$208
42 years$3,145$1,929$1,139$653$366$185
43 years$3,037$1,838$1,069$603$332$165
44 years$2,935$1,752$1,003$557$302$147
45 years$2,837$1,670$942$514$274$130
46 years$2,744$1,593$885$475$249$116
47 years$2,655$1,521$831$439$226$103
48 years$2,570$1,452$781$405$205$92
49 years$2,489$1,386$734$375$186$82
50 years$2,412$1,324$690$346$169$73

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 $5,066 every year, while hoping to spend $27,392 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: 51/33/16 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,727,166$2,596,256$2,557,971$2,854,069
36$2,976,192$2,694,327$2,614,518$3,039,855
37$3,249,700$2,796,286$2,672,041$3,238,447
38$3,550,160$2,902,294$2,730,545$3,453,752
39$3,880,289$3,012,520$2,790,031$3,687,356
40$4,243,084$3,127,139$2,850,503$3,941,006
41$4,641,845$3,246,335$2,911,961$4,216,619
42$5,080,208$3,370,300$2,974,406$4,516,305
43$5,562,178$3,499,233$3,037,837$4,842,385
44$6,092,168$3,633,344$3,102,252$5,197,410
45$6,675,040$3,772,849$3,167,649$5,584,189
46$7,316,151$3,917,976$3,234,023$6,005,810
47$8,021,405$4,068,962$3,301,368$6,465,672
48$8,797,302$4,226,056$3,369,679$6,967,514
49$9,651,009$4,389,515$3,438,945$7,515,451
50$10,590,421$4,559,610$3,509,158$8,114,012
51$11,624,235$4,736,622$3,580,306$8,768,182
52$12,762,036$4,920,845$3,652,376$9,483,446
53$14,014,385$5,112,588$3,725,352$10,265,845
54$15,392,918$5,312,171$3,799,217$11,122,027
55$16,910,458$5,519,929$3,873,952$12,059,310
56$18,581,131$5,736,212$3,949,536$13,085,753
57$20,420,506$5,961,386$4,025,945$14,210,227
58$22,445,736$6,195,832$4,103,153$15,442,502
59$24,675,723$6,439,950$4,181,131$16,793,334
60$27,131,295$6,694,156$4,259,847$18,274,567
61$29,835,404$6,958,886$4,339,268$19,899,247
62$32,813,338$7,234,594$4,419,356$21,681,737
63$36,092,964$7,521,756$4,500,071$23,637,858
64$39,704,992$7,820,867$4,581,369$25,785,033
65$43,683,259$8,132,447$4,663,203$28,142,451
66$48,065,052$8,457,038$4,745,521$30,731,248
67$52,891,461$8,795,206$4,828,269$33,574,704
68$58,207,762$9,147,543$4,911,388$36,698,461
69$64,063,849$9,514,668$4,994,814$40,130,765
70$70,514,701$9,897,227$5,078,481$43,902,726
71$77,620,906$10,295,896$5,162,315$48,048,619
72$85,449,225$10,711,382$5,246,239$52,606,198
73$94,073,229$11,144,423$5,330,171$57,617,051
74$103,573,989$11,595,790$5,414,023$63,126,997
75$114,040,843$12,066,291$5,497,700$69,186,507
76$125,572,239$12,556,769$5,581,103$75,851,189
77$138,276,663$13,068,106$5,664,125$83,182,301
78$152,273,664$13,601,225$5,746,655$91,247,334
79$167,694,982$14,157,089$5,828,572$100,120,640
80$184,685,791$14,736,707$5,909,749$109,884,140
81$203,406,068$15,341,132$5,990,053$120,628,088
82$224,032,107$15,971,468$6,069,339$132,451,921
83$246,758,178$16,628,866$6,147,459$145,465,199
84$271,798,365$17,314,533$6,224,251$159,788,630
85$299,388,583$18,029,730$6,299,548$175,555,214
86$329,788,807$18,775,775$6,373,172$192,911,490
87$363,285,525$19,554,048$6,444,933$212,018,915
88$400,194,444$20,365,991$6,514,633$233,055,389
89$440,863,466$21,213,114$6,582,063$256,216,931
90$485,675,979$22,096,996$6,647,001$281,719,520
91$535,054,467$23,019,288$6,709,214$309,801,136
92$589,464,507$23,981,717$6,768,457$340,723,999
93$649,419,158$24,986,092$6,824,471$374,777,042
94$715,483,804$26,034,303$6,876,983$412,278,633
95$788,281,498$27,128,329$6,925,707$453,579,577
96$868,498,833$28,270,240$6,970,342$499,066,421
97$956,892,435$29,462,202$7,010,569$549,165,100
98$1,054,296,096$30,706,483$7,046,055$604,344,954
99$1,161,628,650$32,005,453$7,076,450$665,123,149
100$1,279,902,647$33,361,594$7,101,386$732,069,556