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%16.6%
1 years$204,796$202,972$201,192$199,455$197,759$192,432
2 years$101,384$99,496$97,666$95,892$94,171$88,842
3 years$66,918$65,022$63,196$61,439$59,746$54,582
4 years$49,688$47,798$45,991$44,263$42,611$37,652
5 years$39,353$37,474$35,691$33,998$32,392$27,651
6 years$32,465$30,600$28,843$27,189$25,631$21,113
7 years$27,548$25,698$23,969$22,353$20,845$16,550
8 years$23,861$22,028$20,328$18,752$17,293$13,219
9 years$20,995$19,179$17,508$15,972$14,563$10,706
10 years$18,703$16,906$15,264$13,768$12,408$8,764
11 years$16,830$15,050$13,438$11,983$10,672$7,234
12 years$15,270$13,508$11,926$10,510$9,248$6,010
13 years$13,950$12,207$10,655$9,279$8,064$5,020
14 years$12,821$11,096$9,574$8,237$7,069$4,211
15 years$11,842$10,137$8,644$7,346$6,224$3,545
16 years$10,987$9,300$7,837$6,577$5,501$2,993
17 years$10,234$8,565$7,131$5,910$4,878$2,533
18 years$9,564$7,915$6,510$5,326$4,337$2,148
19 years$8,966$7,335$5,959$4,812$3,866$1,825
20 years$8,429$6,816$5,469$4,359$3,453$1,552
21 years$7,943$6,349$5,031$3,956$3,090$1,322
22 years$7,502$5,927$4,637$3,597$2,770$1,127
23 years$7,100$5,543$4,281$3,275$2,486$962
24 years$6,732$5,193$3,959$2,987$2,235$822
25 years$6,394$4,874$3,667$2,728$2,011$702
26 years$6,082$4,581$3,401$2,495$1,811$600
27 years$5,794$4,311$3,158$2,283$1,633$513
28 years$5,527$4,062$2,936$2,092$1,474$439
29 years$5,279$3,832$2,732$1,918$1,331$376
30 years$5,048$3,619$2,545$1,761$1,202$322
31 years$4,832$3,421$2,373$1,617$1,087$276
32 years$4,631$3,237$2,214$1,486$983$236
33 years$4,441$3,066$2,067$1,367$890$202
34 years$4,264$2,905$1,931$1,257$806$173
35 years$4,096$2,756$1,805$1,157$730$149
36 years$3,939$2,616$1,689$1,066$661$127
37 years$3,790$2,484$1,581$982$599$109
38 years$3,650$2,361$1,480$905$543$94
39 years$3,517$2,245$1,387$835$493$80
40 years$3,391$2,136$1,300$770$447$69
41 years$3,271$2,033$1,219$710$405$59
42 years$3,157$1,936$1,143$656$368$51
43 years$3,049$1,845$1,073$605$334$43
44 years$2,947$1,759$1,007$559$303$37
45 years$2,849$1,677$946$516$275$32
46 years$2,755$1,600$888$477$250$27
47 years$2,666$1,527$834$440$227$23
48 years$2,581$1,457$784$407$206$20
49 years$2,499$1,392$737$376$187$17
50 years$2,421$1,330$693$348$170$15

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 $4,332 every year, while hoping to spend $46,315 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: 67/23/10 Blend
34$2,480,000$2,480,000$2,480,000$2,480,000
35$2,737,428$2,605,988$2,567,548$2,914,885
36$2,967,367$2,684,403$2,604,283$3,111,833
37$3,219,208$2,765,108$2,640,695$3,321,140
38$3,495,135$2,848,166$2,676,726$3,548,764
39$3,797,555$2,933,642$2,712,312$3,796,491
40$4,129,118$3,021,603$2,747,387$4,066,285
41$4,492,743$3,112,117$2,781,880$4,360,313
42$4,891,645$3,205,253$2,815,715$4,680,957
43$5,329,366$3,301,083$2,848,815$5,030,840
44$5,809,805$3,399,680$2,881,094$5,412,853
45$6,337,260$3,501,119$2,912,465$5,830,175
46$6,916,463$3,605,477$2,942,836$6,286,311
47$7,552,628$3,712,831$2,972,106$6,785,119
48$8,251,498$3,823,262$3,000,175$7,330,849
49$9,019,402$3,936,852$3,026,931$7,928,181
50$9,863,308$4,053,685$3,052,260$8,582,269
51$10,790,896$4,173,847$3,076,042$9,298,793
52$11,810,627$4,297,424$3,098,148$10,084,006
53$12,931,820$4,424,508$3,118,446$10,944,799
54$14,164,745$4,555,188$3,136,793$11,888,760
55$15,520,716$4,689,559$3,153,042$12,924,252
56$17,012,197$4,827,716$3,167,038$14,060,484
57$18,652,924$4,969,756$3,178,616$15,307,604
58$20,458,027$5,115,779$3,187,604$16,676,791
59$22,444,179$5,265,886$3,193,823$18,180,360
60$24,629,751$5,420,180$3,197,082$19,831,882
61$27,034,984$5,578,767$3,197,182$21,646,305
62$29,682,180$5,741,754$3,193,915$23,640,102
63$32,595,914$5,909,251$3,187,062$25,831,420
64$35,803,261$6,081,369$3,176,394$28,240,255
65$39,334,060$6,258,222$3,161,668$30,888,639
66$43,221,183$6,439,925$3,142,634$33,800,846
67$47,500,858$6,626,595$3,119,026$37,003,626
68$52,212,999$6,818,352$3,090,567$40,526,449
69$57,401,591$7,015,317$3,056,967$44,401,791
70$63,115,100$7,217,614$3,017,922$48,665,434
71$69,406,931$7,425,368$2,973,113$53,356,808
72$76,335,932$7,638,705$2,922,207$58,519,359
73$83,966,951$7,857,755$2,864,855$64,200,961
74$92,371,443$8,082,649$2,800,690$70,454,368
75$101,628,149$8,313,517$2,729,332$77,337,710
76$111,823,836$8,550,495$2,650,381$84,915,041
77$123,054,116$8,793,718$2,563,417$93,256,946
78$135,424,349$9,043,323$2,468,004$102,441,204
79$149,050,634$9,299,448$2,363,684$112,553,523
80$164,060,910$9,562,232$2,249,979$123,688,350
81$180,596,159$9,831,817$2,126,389$135,949,759
82$198,811,735$10,108,344$1,992,391$149,452,436
83$218,878,835$10,391,956$1,847,440$164,322,762
84$240,986,112$10,682,797$1,690,964$180,700,001
85$265,341,451$10,981,011$1,522,367$198,737,618
86$292,173,941$11,286,741$1,341,028$218,604,729
87$321,736,025$11,600,134$1,146,295$240,487,693
88$354,305,893$11,921,334$937,489$264,591,871
89$390,190,100$12,250,486$713,901$291,143,569
90$429,726,464$12,587,734$474,791$320,392,171
91$473,287,253$12,933,221$219,385$352,612,490
92$521,282,695$13,287,091$0$388,107,368
93$574,164,856$13,649,486$0$427,216,205
94$632,431,905$14,020,544$0$470,326,438
95$696,632,814$14,400,405$0$517,819,995
96$767,372,540$14,789,204$0$570,143,572
97$845,317,738$15,187,074$0$627,789,420
98$931,203,052$15,594,145$0$691,299,987
99$1,025,838,049$16,010,544$0$761,273,040
100$1,130,114,864$16,436,394$0$838,367,304