Can I retire at age 35 with 2,480,000?

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 $2,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$204,796$202,972$201,192$199,455$197,759$189,837
2 years$101,384$99,496$97,666$95,892$94,171$86,290
3 years$66,918$65,022$63,196$61,439$59,746$52,153
4 years$49,688$47,798$45,991$44,263$42,611$35,365
5 years$39,353$37,474$35,691$33,998$32,392$25,510
6 years$32,465$30,600$28,843$27,189$25,631$19,118
7 years$27,548$25,698$23,969$22,353$20,845$14,698
8 years$23,861$22,028$20,328$18,752$17,293$11,506
9 years$20,995$19,179$17,508$15,972$14,563$9,127
10 years$18,703$16,906$15,264$13,768$12,408$7,313
11 years$16,830$15,050$13,438$11,983$10,672$5,905
12 years$15,270$13,508$11,926$10,510$9,248$4,796
13 years$13,950$12,207$10,655$9,279$8,064$3,914
14 years$12,821$11,096$9,574$8,237$7,069$3,207
15 years$11,842$10,137$8,644$7,346$6,224$2,635
16 years$10,987$9,300$7,837$6,577$5,501$2,171
17 years$10,234$8,565$7,131$5,910$4,878$1,792
18 years$9,564$7,915$6,510$5,326$4,337$1,482
19 years$8,966$7,335$5,959$4,812$3,866$1,227
20 years$8,429$6,816$5,469$4,359$3,453$1,017
21 years$7,943$6,349$5,031$3,956$3,090$844
22 years$7,502$5,927$4,637$3,597$2,770$700
23 years$7,100$5,543$4,281$3,275$2,486$582
24 years$6,732$5,193$3,959$2,987$2,235$484
25 years$6,394$4,874$3,667$2,728$2,011$402
26 years$6,082$4,581$3,401$2,495$1,811$335
27 years$5,794$4,311$3,158$2,283$1,633$278
28 years$5,527$4,062$2,936$2,092$1,474$232
29 years$5,279$3,832$2,732$1,918$1,331$193
30 years$5,048$3,619$2,545$1,761$1,202$161
31 years$4,832$3,421$2,373$1,617$1,087$134
32 years$4,631$3,237$2,214$1,486$983$111
33 years$4,441$3,066$2,067$1,367$890$93
34 years$4,264$2,905$1,931$1,257$806$77
35 years$4,096$2,756$1,805$1,157$730$64
36 years$3,939$2,616$1,689$1,066$661$54
37 years$3,790$2,484$1,581$982$599$45
38 years$3,650$2,361$1,480$905$543$37
39 years$3,517$2,245$1,387$835$493$31
40 years$3,391$2,136$1,300$770$447$26
41 years$3,271$2,033$1,219$710$405$22
42 years$3,157$1,936$1,143$656$368$18
43 years$3,049$1,845$1,073$605$334$15
44 years$2,947$1,759$1,007$559$303$12
45 years$2,849$1,677$946$516$275$10
46 years$2,755$1,600$888$477$250$9
47 years$2,666$1,527$834$440$227$7
48 years$2,581$1,457$784$407$206$6
49 years$2,499$1,392$737$376$187$5
50 years$2,421$1,330$693$348$170$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,480,000, adding $6,289 every year, while hoping to spend $25,348 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: 44/26/30 Blend
34$2,480,000$2,480,000$2,480,000$2,480,000
35$2,739,447$2,608,007$2,569,567$2,835,866
36$2,991,901$2,708,829$2,628,678$3,006,365
37$3,269,255$2,813,742$2,688,919$3,188,198
38$3,574,023$2,922,920$2,750,301$3,384,842
39$3,908,973$3,036,543$2,812,837$3,597,693
40$4,277,156$3,154,801$2,876,534$3,828,284
41$4,681,932$3,277,893$2,941,404$4,078,301
42$5,127,003$3,406,023$3,007,455$4,349,600
43$5,616,448$3,539,409$3,074,696$4,644,219
44$6,154,761$3,678,275$3,143,133$4,964,401
45$6,746,893$3,822,857$3,212,774$5,312,613
46$7,398,299$3,973,400$3,283,625$5,691,569
47$8,114,990$4,130,161$3,355,691$6,104,256
48$8,903,589$4,293,409$3,428,977$6,553,959
49$9,771,392$4,463,423$3,503,485$7,044,293
50$10,726,440$4,640,496$3,579,217$7,579,239
51$11,777,591$4,824,935$3,656,175$8,163,174
52$12,934,607$5,017,058$3,734,358$8,800,920
53$14,208,243$5,217,200$3,813,765$9,497,782
54$15,610,350$5,425,709$3,894,393$10,259,600
55$17,153,988$5,642,951$3,976,237$11,092,806
56$18,853,545$5,869,306$4,059,291$12,004,478
57$20,724,877$6,105,173$4,143,549$13,002,411
58$22,785,456$6,350,968$4,228,999$14,095,187
59$25,054,533$6,607,126$4,315,631$15,292,255
60$27,553,322$6,874,101$4,403,431$16,604,023
61$30,305,199$7,152,371$4,492,384$18,041,949
62$33,335,923$7,442,431$4,582,473$19,618,654
63$36,673,878$7,744,801$4,673,677$21,348,037
64$40,350,342$8,060,024$4,765,973$23,245,404
65$44,399,780$8,388,669$4,859,337$25,327,615
66$48,860,173$8,731,329$4,953,740$27,613,238
67$53,773,372$9,088,625$5,049,151$30,122,727
68$59,185,495$9,461,207$5,145,537$32,878,610
69$65,147,363$9,849,753$5,242,860$35,905,703
70$71,714,977$10,254,974$5,341,078$39,231,340
71$78,950,049$10,677,613$5,440,149$42,885,634
72$86,920,583$11,118,445$5,540,023$46,901,755
73$95,701,517$11,578,283$5,640,648$51,316,245
74$105,375,430$12,057,976$5,741,968$56,169,359
75$116,033,321$12,558,414$5,843,921$61,505,444
76$127,775,469$13,080,526$5,946,441$67,373,356
77$140,712,379$13,625,284$6,049,459$73,826,922
78$154,965,823$14,193,705$6,152,898$80,925,440
79$170,669,994$14,786,853$6,256,677$88,734,241
80$187,972,766$15,405,842$6,360,709$97,325,306
81$207,037,096$16,051,836$6,464,900$106,777,936
82$228,042,557$16,726,053$6,569,152$117,179,505
83$251,187,038$17,429,769$6,673,358$128,626,281
84$276,688,605$18,164,318$6,777,405$141,224,328
85$304,787,568$18,931,094$6,881,173$155,090,512
86$335,748,742$19,731,560$6,984,534$170,353,595
87$369,863,950$20,567,243$7,087,353$187,155,451
88$407,454,778$21,439,742$7,189,484$205,652,403
89$448,875,608$22,350,733$7,290,775$226,016,692
90$494,516,967$23,301,966$7,391,063$248,438,105
91$544,809,210$24,295,275$7,490,176$273,125,760
92$600,226,585$25,332,578$7,587,932$300,310,077
93$661,291,707$26,415,885$7,684,138$330,244,949
94$728,580,495$27,547,297$7,778,590$363,210,140
95$802,727,606$28,729,015$7,871,073$399,513,914
96$884,432,426$29,963,342$7,961,359$439,495,950
97$974,465,677$31,252,689$8,049,208$483,530,536
98$1,073,676,686$32,599,580$8,134,366$532,030,105
99$1,183,001,405$34,006,657$8,216,565$585,449,121
100$1,303,471,252$35,476,687$8,295,523$644,288,363