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%13.1%
1 years$218,009$216,067$214,172$212,323$210,517$207,801
2 years$107,925$105,915$103,967$102,078$100,246$97,513
3 years$71,235$69,217$67,274$65,403$63,600$60,936
4 years$52,894$50,882$48,958$47,119$45,360$42,785
5 years$41,892$39,892$37,993$36,192$34,482$32,003
6 years$34,560$32,575$30,704$28,943$27,285$24,905
7 years$29,325$27,356$25,515$23,796$22,190$19,910
8 years$25,400$23,449$21,639$19,961$18,408$16,229
9 years$22,349$20,417$18,638$17,003$15,503$13,423
10 years$19,910$17,996$16,249$14,657$13,209$11,227
11 years$17,916$16,021$14,305$12,756$11,360$9,474
12 years$16,255$14,380$12,695$11,188$9,844$8,052
13 years$14,850$12,995$11,343$9,878$8,585$6,883
14 years$13,648$11,812$10,191$8,768$7,525$5,913
15 years$12,606$10,791$9,201$7,820$6,626$5,100
16 years$11,696$9,900$8,342$7,002$5,856$4,413
17 years$10,894$9,118$7,591$6,291$5,192$3,830
18 years$10,181$8,425$6,930$5,669$4,617$3,332
19 years$9,545$7,808$6,344$5,123$4,115$2,905
20 years$8,973$7,256$5,822$4,640$3,676$2,537
21 years$8,455$6,759$5,355$4,211$3,289$2,219
22 years$7,986$6,309$4,936$3,829$2,948$1,944
23 years$7,558$5,901$4,557$3,487$2,647$1,705
24 years$7,166$5,528$4,215$3,180$2,379$1,496
25 years$6,806$5,188$3,904$2,904$2,141$1,315
26 years$6,475$4,876$3,620$2,656$1,928$1,156
27 years$6,168$4,589$3,362$2,431$1,738$1,017
28 years$5,884$4,324$3,125$2,227$1,569$895
29 years$5,620$4,079$2,908$2,042$1,416$789
30 years$5,374$3,852$2,709$1,874$1,280$695
31 years$5,144$3,642$2,526$1,721$1,157$613
32 years$4,929$3,446$2,356$1,582$1,047$540
33 years$4,728$3,263$2,200$1,455$947$477
34 years$4,539$3,093$2,056$1,339$858$421
35 years$4,361$2,934$1,922$1,232$777$371
36 years$4,193$2,784$1,798$1,135$704$328
37 years$4,035$2,645$1,683$1,046$638$289
38 years$3,885$2,513$1,576$964$578$256
39 years$3,743$2,390$1,476$889$524$226
40 years$3,609$2,274$1,384$820$476$199
41 years$3,482$2,164$1,298$756$432$176
42 years$3,361$2,061$1,217$698$392$156
43 years$3,246$1,964$1,142$644$355$137
44 years$3,137$1,872$1,072$595$323$121
45 years$3,032$1,785$1,007$549$293$107
46 years$2,933$1,703$946$507$266$95
47 years$2,838$1,625$888$469$241$84
48 years$2,747$1,551$835$433$219$74
49 years$2,661$1,482$785$400$199$66
50 years$2,578$1,415$738$370$181$58

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 $2,421 every year, while hoping to spend $59,868 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: 63/30/7 Blend
34$2,640,000$2,640,000$2,640,000$2,640,000
35$2,911,777$2,771,857$2,730,937$3,091,201
36$3,145,079$2,843,979$2,758,725$3,283,262
37$3,400,172$2,917,629$2,785,436$3,485,636
38$3,679,214$2,992,817$2,810,973$3,705,041
39$3,984,584$3,069,555$2,835,230$3,943,125
40$4,318,899$3,147,851$2,858,098$4,201,699
41$4,685,043$3,227,711$2,879,460$4,482,761
42$5,086,190$3,309,142$2,899,195$4,788,506
43$5,525,837$3,392,146$2,917,174$5,121,354
44$6,007,836$3,476,724$2,933,263$5,483,969
45$6,536,426$3,562,875$2,947,318$5,879,286
46$7,116,281$3,650,595$2,959,192$6,310,536
47$7,752,544$3,739,877$2,968,728$6,781,278
48$8,450,884$3,830,711$2,975,761$7,295,431
49$9,217,543$3,923,085$2,980,118$7,857,314
50$10,059,399$4,016,983$2,981,618$8,471,683
51$10,984,026$4,112,383$2,980,071$9,143,777
52$11,999,771$4,209,264$2,975,277$9,879,369
53$13,115,825$4,307,596$2,967,027$10,684,817
54$14,342,318$4,407,346$2,955,101$11,567,127
55$15,690,406$4,508,478$2,939,269$12,534,017
56$17,172,382$4,610,948$2,919,289$13,593,990
57$18,801,789$4,714,708$2,894,909$14,756,414
58$20,593,546$4,819,704$2,865,863$16,031,614
59$22,564,093$4,925,875$2,831,875$17,430,962
60$24,731,542$5,033,153$2,792,653$18,966,990
61$27,115,845$5,141,465$2,747,894$20,653,508
62$29,738,991$5,250,726$2,697,278$22,505,730
63$32,625,204$5,360,848$2,640,473$24,540,423
64$35,801,175$5,471,729$2,577,128$26,776,061
65$39,296,313$5,583,262$2,506,881$29,233,002
66$43,143,023$5,695,328$2,429,347$31,933,678
67$47,377,010$5,807,797$2,344,129$34,902,808
68$52,037,615$5,920,530$2,250,807$38,167,632
69$57,168,189$6,033,373$2,148,946$41,758,167
70$62,816,498$6,146,161$2,038,089$45,707,491
71$69,035,174$6,258,717$1,917,759$50,052,053
72$75,882,214$6,370,847$1,787,456$54,832,023
73$83,421,525$6,482,342$1,646,661$60,091,664
74$91,723,523$6,592,980$1,494,827$65,879,757
75$100,865,805$6,702,519$1,331,386$72,250,056
76$110,933,874$6,810,699$1,155,744$79,261,798
77$122,021,948$6,917,242$967,281$86,980,263
78$134,233,850$7,021,850$765,348$95,477,391
79$147,683,984$7,124,202$549,268$104,832,459
80$162,498,418$7,223,955$318,336$115,132,832
81$178,816,069$7,320,742$71,813$126,474,788
82$196,790,020$7,414,170$0$138,964,425
83$216,588,958$7,503,820$0$152,732,954
84$238,398,767$7,589,243$0$167,901,592
85$262,424,285$7,669,960$0$184,607,029
86$288,891,235$7,745,460$0$203,005,816
87$318,048,353$7,815,200$0$223,270,469
88$350,169,739$7,878,599$0$245,591,101
89$385,557,441$7,935,039$0$270,177,219
90$424,544,306$7,983,861$0$297,259,697
91$467,497,121$8,024,366$0$327,092,961
92$514,820,075$8,055,809$0$359,957,390
93$566,958,577$8,077,397$0$396,161,962
94$624,403,451$8,088,289$0$436,047,173
95$687,695,578$8,087,590$0$479,988,254
96$757,430,995$8,074,350$0$528,398,710
97$834,266,525$8,047,562$0$581,734,230
98$918,925,972$8,006,154$0$640,496,987
99$1,012,206,958$7,948,992$0$705,240,377
100$1,114,988,445$7,874,871$0$776,574,254