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%12.8%
1 years$204,796$202,972$201,192$199,455$197,759$195,450
2 years$101,384$99,496$97,666$95,892$94,171$91,847
3 years$66,918$65,022$63,196$61,439$59,746$57,479
4 years$49,688$47,798$45,991$44,263$42,611$40,419
5 years$39,353$37,474$35,691$33,998$32,392$30,281
6 years$32,465$30,600$28,843$27,189$25,631$23,603
7 years$27,548$25,698$23,969$22,353$20,845$18,901
8 years$23,861$22,028$20,328$18,752$17,293$15,433
9 years$20,995$19,179$17,508$15,972$14,563$12,787
10 years$18,703$16,906$15,264$13,768$12,408$10,714
11 years$16,830$15,050$13,438$11,983$10,672$9,058
12 years$15,270$13,508$11,926$10,510$9,248$7,713
13 years$13,950$12,207$10,655$9,279$8,064$6,607
14 years$12,821$11,096$9,574$8,237$7,069$5,687
15 years$11,842$10,137$8,644$7,346$6,224$4,915
16 years$10,987$9,300$7,837$6,577$5,501$4,262
17 years$10,234$8,565$7,131$5,910$4,878$3,707
18 years$9,564$7,915$6,510$5,326$4,337$3,232
19 years$8,966$7,335$5,959$4,812$3,866$2,824
20 years$8,429$6,816$5,469$4,359$3,453$2,472
21 years$7,943$6,349$5,031$3,956$3,090$2,167
22 years$7,502$5,927$4,637$3,597$2,770$1,902
23 years$7,100$5,543$4,281$3,275$2,486$1,672
24 years$6,732$5,193$3,959$2,987$2,235$1,471
25 years$6,394$4,874$3,667$2,728$2,011$1,296
26 years$6,082$4,581$3,401$2,495$1,811$1,142
27 years$5,794$4,311$3,158$2,283$1,633$1,007
28 years$5,527$4,062$2,936$2,092$1,474$889
29 years$5,279$3,832$2,732$1,918$1,331$785
30 years$5,048$3,619$2,545$1,761$1,202$693
31 years$4,832$3,421$2,373$1,617$1,087$613
32 years$4,631$3,237$2,214$1,486$983$542
33 years$4,441$3,066$2,067$1,367$890$479
34 years$4,264$2,905$1,931$1,257$806$424
35 years$4,096$2,756$1,805$1,157$730$375
36 years$3,939$2,616$1,689$1,066$661$332
37 years$3,790$2,484$1,581$982$599$294
38 years$3,650$2,361$1,480$905$543$260
39 years$3,517$2,245$1,387$835$493$230
40 years$3,391$2,136$1,300$770$447$204
41 years$3,271$2,033$1,219$710$405$181
42 years$3,157$1,936$1,143$656$368$160
43 years$3,049$1,845$1,073$605$334$142
44 years$2,947$1,759$1,007$559$303$126
45 years$2,849$1,677$946$516$275$111
46 years$2,755$1,600$888$477$250$99
47 years$2,666$1,527$834$440$227$87
48 years$2,581$1,457$784$407$206$77
49 years$2,499$1,392$737$376$187$69
50 years$2,421$1,330$693$348$170$61

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 $4,738 every year, while hoping to spend $35,705 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: 39/35/26 Blend
34$2,480,000$2,480,000$2,480,000$2,480,000
35$2,737,847$2,606,407$2,567,967$2,823,332
36$2,979,118$2,696,131$2,616,004$2,975,690
37$3,243,801$2,789,055$2,664,454$3,136,660
38$3,534,248$2,885,298$2,713,292$3,310,028
39$3,853,047$2,984,984$2,762,493$3,496,946
40$4,203,051$3,088,240$2,812,029$3,698,678
41$4,587,400$3,195,202$2,861,870$3,916,616
42$5,009,555$3,306,007$2,911,983$4,152,289
43$5,473,328$3,420,800$2,962,333$4,407,381
44$5,982,920$3,539,731$3,012,884$4,683,739
45$6,542,956$3,662,957$3,063,594$4,983,401
46$7,158,534$3,790,638$3,114,420$5,308,604
47$7,835,269$3,922,944$3,165,318$5,661,811
48$8,579,348$4,060,049$3,216,238$6,045,732
49$9,397,586$4,202,137$3,267,127$6,463,351
50$10,297,494$4,349,396$3,317,930$6,917,948
51$11,287,345$4,502,023$3,368,587$7,413,137
52$12,376,256$4,660,224$3,419,036$7,952,894
53$13,574,270$4,824,210$3,469,210$8,541,595
54$14,892,454$4,994,205$3,519,037$9,184,059
55$16,343,001$5,170,438$3,568,441$9,885,592
56$17,939,347$5,353,149$3,617,344$10,652,035
57$19,696,295$5,542,588$3,665,660$11,489,817
58$21,630,156$5,739,014$3,713,298$12,406,022
59$23,758,904$5,942,698$3,760,166$13,408,446
60$26,102,342$6,153,920$3,806,161$14,505,679
61$28,682,291$6,372,972$3,851,178$15,707,177
62$31,522,797$6,600,160$3,895,104$17,023,355
63$34,650,354$6,835,800$3,937,822$18,465,687
64$38,094,158$7,080,221$3,979,207$20,046,805
65$41,886,377$7,333,768$4,019,125$21,780,629
66$46,062,461$7,596,796$4,057,440$23,682,486
67$50,661,472$7,869,678$4,094,004$25,769,262
68$55,726,452$8,152,802$4,128,662$28,059,556
69$61,304,831$8,446,571$4,161,254$30,573,859
70$67,448,875$8,751,404$4,191,607$33,334,740
71$74,216,176$9,067,739$4,219,542$36,367,065
72$81,670,199$9,396,031$4,244,869$39,698,225
73$89,880,877$9,736,754$4,267,390$43,358,399
74$98,925,274$10,090,403$4,286,896$47,380,831
75$108,888,311$10,457,492$4,303,166$51,802,149
76$119,863,567$10,838,557$4,315,970$56,662,706
77$131,954,161$11,234,157$4,325,065$62,006,962
78$145,273,728$11,644,873$4,330,198$67,883,899
79$159,947,489$12,071,312$4,331,099$74,347,486
80$176,113,431$12,514,105$4,327,490$81,457,185
81$193,923,616$12,973,911$4,319,076$89,278,511
82$213,545,609$13,451,416$4,305,548$97,883,648
83$235,164,060$13,947,335$4,286,584$107,352,134
84$258,982,453$14,462,413$4,261,843$117,771,604
85$285,225,019$14,997,428$4,230,971$129,238,617
86$314,138,858$15,553,188$4,193,594$141,859,569
87$345,996,265$16,130,538$4,149,324$155,751,694
88$381,097,308$16,730,359$4,097,751$171,044,168
89$419,772,655$17,353,567$4,038,446$187,879,328
90$462,386,695$18,001,121$3,970,963$206,414,013
91$509,340,979$18,674,018$3,894,832$226,821,041
92$561,078,012$19,373,298$3,809,562$249,290,843
93$618,085,427$20,100,046$3,714,640$274,033,255
94$680,900,587$20,855,396$3,609,527$301,279,497
95$750,115,663$21,640,526$3,493,662$331,284,353
96$826,383,218$22,456,669$3,366,457$364,328,578
97$910,422,370$23,305,110$3,227,297$400,721,541
98$1,003,025,579$24,187,188$3,075,540$440,804,146
99$1,105,066,130$25,104,302$2,910,512$484,952,045
100$1,217,506,374$26,057,910$2,731,512$533,579,185