Can I retire at age 35 with 2,640,000?

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 $2,640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$218,009$216,067$214,172$212,323$210,517$203,129
2 years$107,925$105,915$103,967$102,078$100,246$92,880
3 years$71,235$69,217$67,274$65,403$63,600$56,488
4 years$52,894$50,882$48,958$47,119$45,360$38,556
5 years$41,892$39,892$37,993$36,192$34,482$28,004
6 years$34,560$32,575$30,704$28,943$27,285$21,137
7 years$29,325$27,356$25,515$23,796$22,190$16,372
8 years$25,400$23,449$21,639$19,961$18,408$12,916
9 years$22,349$20,417$18,638$17,003$15,503$10,328
10 years$19,910$17,996$16,249$14,657$13,209$8,343
11 years$17,916$16,021$14,305$12,756$11,360$6,794
12 years$16,255$14,380$12,695$11,188$9,844$5,567
13 years$14,850$12,995$11,343$9,878$8,585$4,584
14 years$13,648$11,812$10,191$8,768$7,525$3,790
15 years$12,606$10,791$9,201$7,820$6,626$3,143
16 years$11,696$9,900$8,342$7,002$5,856$2,614
17 years$10,894$9,118$7,591$6,291$5,192$2,179
18 years$10,181$8,425$6,930$5,669$4,617$1,819
19 years$9,545$7,808$6,344$5,123$4,115$1,521
20 years$8,973$7,256$5,822$4,640$3,676$1,273
21 years$8,455$6,759$5,355$4,211$3,289$1,067
22 years$7,986$6,309$4,936$3,829$2,948$895
23 years$7,558$5,901$4,557$3,487$2,647$751
24 years$7,166$5,528$4,215$3,180$2,379$631
25 years$6,806$5,188$3,904$2,904$2,141$530
26 years$6,475$4,876$3,620$2,656$1,928$446
27 years$6,168$4,589$3,362$2,431$1,738$375
28 years$5,884$4,324$3,125$2,227$1,569$315
29 years$5,620$4,079$2,908$2,042$1,416$265
30 years$5,374$3,852$2,709$1,874$1,280$223
31 years$5,144$3,642$2,526$1,721$1,157$188
32 years$4,929$3,446$2,356$1,582$1,047$158
33 years$4,728$3,263$2,200$1,455$947$133
34 years$4,539$3,093$2,056$1,339$858$112
35 years$4,361$2,934$1,922$1,232$777$94
36 years$4,193$2,784$1,798$1,135$704$79
37 years$4,035$2,645$1,683$1,046$638$67
38 years$3,885$2,513$1,576$964$578$56
39 years$3,743$2,390$1,476$889$524$47
40 years$3,609$2,274$1,384$820$476$40
41 years$3,482$2,164$1,298$756$432$34
42 years$3,361$2,061$1,217$698$392$28
43 years$3,246$1,964$1,142$644$355$24
44 years$3,137$1,872$1,072$595$323$20
45 years$3,032$1,785$1,007$549$293$17
46 years$2,933$1,703$946$507$266$14
47 years$2,838$1,625$888$469$241$12
48 years$2,747$1,551$835$433$219$10
49 years$2,661$1,482$785$400$199$9
50 years$2,578$1,415$738$370$181$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,640,000, adding $3,390 every year, while hoping to spend $47,281 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: 54/30/16 Blend
34$2,640,000$2,640,000$2,640,000$2,640,000
35$2,912,777$2,772,857$2,731,937$3,057,444
36$3,159,573$2,858,420$2,773,150$3,242,092
37$3,429,959$2,946,591$2,814,159$3,437,641
38$3,726,289$3,037,449$2,854,908$3,649,434
39$4,051,158$3,131,072$2,895,335$3,879,033
40$4,407,425$3,227,543$2,935,378$4,128,152
41$4,798,237$3,326,948$2,974,968$4,398,680
42$5,227,062$3,429,373$3,014,034$4,692,697
43$5,697,718$3,534,908$3,052,500$5,012,491
44$6,214,412$3,643,645$3,090,285$5,360,582
45$6,781,778$3,755,679$3,127,306$5,739,741
46$7,404,921$3,871,109$3,163,472$6,153,024
47$8,089,463$3,990,033$3,198,688$6,603,793
48$8,841,599$4,112,556$3,232,855$7,095,750
49$9,668,154$4,238,783$3,265,868$7,632,972
50$10,576,647$4,368,824$3,297,615$8,219,949
51$11,575,359$4,502,791$3,327,980$8,861,627
52$12,673,416$4,640,799$3,356,838$9,563,452
53$13,880,873$4,782,966$3,384,060$10,331,422
54$15,208,805$4,929,415$3,409,510$11,172,145
55$16,669,418$5,080,270$3,433,042$12,092,900
56$18,276,155$5,235,660$3,454,506$13,101,703
57$20,043,834$5,395,719$3,473,743$14,207,386
58$21,988,776$5,560,580$3,490,585$15,419,677
59$24,128,968$5,730,385$3,504,855$16,749,295
60$26,484,225$5,905,276$3,516,370$18,208,047
61$29,076,382$6,085,401$3,524,935$19,808,940
62$31,929,499$6,270,911$3,530,346$21,566,306
63$35,070,084$6,461,962$3,532,389$23,495,934
64$38,527,348$6,658,714$3,530,840$25,615,219
65$42,333,476$6,861,330$3,525,462$27,943,328
66$46,523,935$7,069,978$3,516,008$30,501,377
67$51,137,802$7,284,833$3,502,220$33,312,634
68$56,218,138$7,506,071$3,483,826$36,402,734
69$61,812,394$7,733,874$3,460,540$39,799,924
70$67,972,855$7,968,430$3,432,064$43,535,328
71$74,757,133$8,209,930$3,398,085$47,643,240
72$82,228,716$8,458,572$3,358,276$52,161,447
73$90,457,561$8,714,558$3,312,294$57,131,586
74$99,520,755$8,978,094$3,259,779$62,599,538
75$109,503,246$9,249,395$3,200,356$68,615,858
76$120,498,639$9,528,677$3,133,630$75,236,252
77$132,610,083$9,816,165$3,059,189$82,522,105
78$145,951,243$10,112,089$2,976,603$90,541,057
79$160,647,372$10,416,683$2,885,421$99,367,645
80$176,836,492$10,730,189$2,785,171$109,084,002
81$194,670,700$11,052,854$2,675,360$119,780,633
82$214,317,599$11,384,931$2,555,472$131,557,270
83$235,961,882$11,726,681$2,424,969$144,523,814
84$259,807,074$12,078,368$2,283,285$158,801,370
85$286,077,454$12,440,267$2,129,834$174,523,390
86$315,020,170$12,812,655$1,963,999$191,836,934
87$346,907,571$13,195,819$1,785,136$210,904,055
88$382,039,781$13,590,052$1,592,576$231,903,333
89$420,747,526$13,995,652$1,385,615$255,031,555
90$463,395,262$14,412,927$1,163,521$280,505,576
91$510,384,608$14,842,190$925,529$308,564,367
92$562,158,144$15,283,763$670,840$339,471,265
93$619,203,580$15,737,973$398,619$373,516,466
94$682,058,368$16,205,157$107,995$411,019,756
95$751,314,770$16,685,658$0$452,333,537
96$827,625,447$17,179,826$0$497,880,663
97$911,709,626$17,688,020$0$548,076,485
98$1,004,359,882$18,210,607$0$603,374,309
99$1,106,449,624$18,747,961$0$664,294,000
100$1,218,941,338$19,300,463$0$731,408,433