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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.2%
1 years$204,796$202,972$201,192$199,455$197,759$195,126
2 years$101,384$99,496$97,666$95,892$94,171$91,522
3 years$66,918$65,022$63,196$61,439$59,746$57,164
4 years$49,688$47,798$45,991$44,263$42,611$40,116
5 years$39,353$37,474$35,691$33,998$32,392$29,991
6 years$32,465$30,600$28,843$27,189$25,631$23,327
7 years$27,548$25,698$23,969$22,353$20,845$18,638
8 years$23,861$22,028$20,328$18,752$17,293$15,184
9 years$20,995$19,179$17,508$15,972$14,563$12,551
10 years$18,703$16,906$15,264$13,768$12,408$10,491
11 years$16,830$15,050$13,438$11,983$10,672$8,847
12 years$15,270$13,508$11,926$10,510$9,248$7,515
13 years$13,950$12,207$10,655$9,279$8,064$6,420
14 years$12,821$11,096$9,574$8,237$7,069$5,511
15 years$11,842$10,137$8,644$7,346$6,224$4,750
16 years$10,987$9,300$7,837$6,577$5,501$4,108
17 years$10,234$8,565$7,131$5,910$4,878$3,563
18 years$9,564$7,915$6,510$5,326$4,337$3,097
19 years$8,966$7,335$5,959$4,812$3,866$2,698
20 years$8,429$6,816$5,469$4,359$3,453$2,355
21 years$7,943$6,349$5,031$3,956$3,090$2,058
22 years$7,502$5,927$4,637$3,597$2,770$1,801
23 years$7,100$5,543$4,281$3,275$2,486$1,579
24 years$6,732$5,193$3,959$2,987$2,235$1,385
25 years$6,394$4,874$3,667$2,728$2,011$1,215
26 years$6,082$4,581$3,401$2,495$1,811$1,068
27 years$5,794$4,311$3,158$2,283$1,633$939
28 years$5,527$4,062$2,936$2,092$1,474$826
29 years$5,279$3,832$2,732$1,918$1,331$727
30 years$5,048$3,619$2,545$1,761$1,202$640
31 years$4,832$3,421$2,373$1,617$1,087$564
32 years$4,631$3,237$2,214$1,486$983$497
33 years$4,441$3,066$2,067$1,367$890$438
34 years$4,264$2,905$1,931$1,257$806$386
35 years$4,096$2,756$1,805$1,157$730$340
36 years$3,939$2,616$1,689$1,066$661$300
37 years$3,790$2,484$1,581$982$599$265
38 years$3,650$2,361$1,480$905$543$234
39 years$3,517$2,245$1,387$835$493$206
40 years$3,391$2,136$1,300$770$447$182
41 years$3,271$2,033$1,219$710$405$161
42 years$3,157$1,936$1,143$656$368$142
43 years$3,049$1,845$1,073$605$334$125
44 years$2,947$1,759$1,007$559$303$111
45 years$2,849$1,677$946$516$275$98
46 years$2,755$1,600$888$477$250$86
47 years$2,666$1,527$834$440$227$76
48 years$2,581$1,457$784$407$206$67
49 years$2,499$1,392$737$376$187$59
50 years$2,421$1,330$693$348$170$52

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 $4,264 every year, while hoping to spend $38,133 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: 69/20/11 Blend
34$2,480,000$2,480,000$2,480,000$2,480,000
35$2,737,358$2,605,918$2,567,478$2,919,669
36$2,975,996$2,693,035$2,612,916$3,128,338
37$3,237,696$2,783,143$2,658,597$3,351,535
38$3,524,771$2,876,347$2,704,490$3,594,704
39$3,839,769$2,972,759$2,750,561$3,859,800
40$4,185,493$3,072,492$2,796,773$4,148,977
41$4,565,034$3,175,665$2,843,086$4,464,605
42$4,981,796$3,282,401$2,889,458$4,809,293
43$5,439,529$3,392,828$2,935,844$5,185,913
44$5,942,362$3,507,077$2,982,196$5,597,630
45$6,494,846$3,625,287$3,028,463$6,047,925
46$7,101,994$3,747,600$3,074,590$6,540,635
47$7,769,328$3,874,164$3,120,520$7,079,984
48$8,502,933$4,005,131$3,166,190$7,670,622
49$9,309,511$4,140,661$3,211,537$8,317,672
50$10,196,447$4,280,920$3,256,489$9,026,778
51$11,171,878$4,426,078$3,300,975$9,804,153
52$12,244,768$4,576,314$3,344,916$10,656,643
53$13,424,993$4,731,812$3,388,229$11,591,786
54$14,723,436$4,892,765$3,430,829$12,617,888
55$16,152,086$5,059,370$3,472,621$13,744,098
56$17,724,155$5,231,835$3,513,510$14,980,493
57$19,454,199$5,410,375$3,553,392$16,338,174
58$21,358,255$5,595,212$3,592,159$17,829,372
59$23,453,997$5,786,577$3,629,696$19,467,560
60$25,760,896$5,984,710$3,665,883$21,267,581
61$28,300,409$6,189,862$3,700,591$23,245,788
62$31,096,176$6,402,292$3,733,687$25,420,197
63$34,174,250$6,622,267$3,765,029$27,810,656
64$37,563,334$6,850,069$3,794,468$30,439,036
65$41,295,059$7,085,988$3,821,848$33,329,429
66$45,404,279$7,330,325$3,847,003$36,508,382
67$49,929,398$7,583,393$3,869,761$40,005,145
68$54,912,737$7,845,520$3,889,938$43,851,944
69$60,400,928$8,117,043$3,907,343$48,084,289
70$66,445,359$8,398,313$3,921,775$52,741,302
71$73,102,652$8,689,697$3,933,021$57,866,093
72$80,435,205$8,991,575$3,940,860$63,506,163
73$88,511,776$9,304,342$3,945,058$69,713,848
74$97,408,130$9,628,408$3,945,370$76,546,820
75$107,207,759$9,964,199$3,941,540$84,068,624
76$118,002,666$10,312,161$3,933,298$92,349,280
77$129,894,235$10,672,754$3,920,360$101,465,944
78$142,994,185$11,046,457$3,902,431$111,503,631
79$157,425,629$11,433,771$3,879,199$122,556,024
80$173,324,230$11,835,213$3,850,339$134,726,351
81$190,839,487$12,251,323$3,815,510$148,128,361
82$210,136,138$12,682,662$3,774,354$162,887,398
83$231,395,726$13,129,814$3,726,497$179,141,582
84$254,818,302$13,593,386$3,671,546$197,043,110
85$280,624,316$14,074,010$3,609,090$216,759,697
86$309,056,703$14,572,342$3,538,701$238,476,153
87$340,383,167$15,089,068$3,459,928$262,396,129
88$374,898,714$15,624,897$3,372,300$288,744,037
89$412,928,437$16,180,570$3,275,326$317,767,171
90$454,830,577$16,756,858$3,168,489$349,738,035
91$500,999,915$17,354,563$3,051,252$384,956,918
92$551,871,488$17,974,518$2,923,051$423,754,727
93$607,924,704$18,617,593$2,783,297$466,496,109
94$669,687,860$19,284,692$2,631,374$513,582,892
95$737,743,137$19,976,757$2,466,640$565,457,878
96$812,732,085$20,694,766$2,288,421$622,609,020
97$895,361,689$21,439,742$2,096,014$685,574,030
98$986,411,038$22,212,745$1,888,687$754,945,450
99$1,086,738,677$23,014,883$1,665,671$831,376,249
100$1,197,290,717$23,847,307$1,426,167$915,585,980