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%11.1%
1 years$218,009$216,067$214,172$212,323$210,517$209,542
2 years$107,925$105,915$103,967$102,078$100,246$99,262
3 years$71,235$69,217$67,274$65,403$63,600$62,637
4 years$52,894$50,882$48,958$47,119$45,360$44,426
5 years$41,892$39,892$37,993$36,192$34,482$33,579
6 years$34,560$32,575$30,704$28,943$27,285$26,414
7 years$29,325$27,356$25,515$23,796$22,190$21,353
8 years$25,400$23,449$21,639$19,961$18,408$17,605
9 years$22,349$20,417$18,638$17,003$15,503$14,732
10 years$19,910$17,996$16,249$14,657$13,209$12,471
11 years$17,916$16,021$14,305$12,756$11,360$10,654
12 years$16,255$14,380$12,695$11,188$9,844$9,170
13 years$14,850$12,995$11,343$9,878$8,585$7,941
14 years$13,648$11,812$10,191$8,768$7,525$6,912
15 years$12,606$10,791$9,201$7,820$6,626$6,042
16 years$11,696$9,900$8,342$7,002$5,856$5,301
17 years$10,894$9,118$7,591$6,291$5,192$4,665
18 years$10,181$8,425$6,930$5,669$4,617$4,116
19 years$9,545$7,808$6,344$5,123$4,115$3,641
20 years$8,973$7,256$5,822$4,640$3,676$3,226
21 years$8,455$6,759$5,355$4,211$3,289$2,864
22 years$7,986$6,309$4,936$3,829$2,948$2,547
23 years$7,558$5,901$4,557$3,487$2,647$2,268
24 years$7,166$5,528$4,215$3,180$2,379$2,021
25 years$6,806$5,188$3,904$2,904$2,141$1,804
26 years$6,475$4,876$3,620$2,656$1,928$1,611
27 years$6,168$4,589$3,362$2,431$1,738$1,440
28 years$5,884$4,324$3,125$2,227$1,569$1,288
29 years$5,620$4,079$2,908$2,042$1,416$1,153
30 years$5,374$3,852$2,709$1,874$1,280$1,033
31 years$5,144$3,642$2,526$1,721$1,157$926
32 years$4,929$3,446$2,356$1,582$1,047$830
33 years$4,728$3,263$2,200$1,455$947$744
34 years$4,539$3,093$2,056$1,339$858$668
35 years$4,361$2,934$1,922$1,232$777$599
36 years$4,193$2,784$1,798$1,135$704$538
37 years$4,035$2,645$1,683$1,046$638$483
38 years$3,885$2,513$1,576$964$578$434
39 years$3,743$2,390$1,476$889$524$390
40 years$3,609$2,274$1,384$820$476$350
41 years$3,482$2,164$1,298$756$432$315
42 years$3,361$2,061$1,217$698$392$283
43 years$3,246$1,964$1,142$644$355$254
44 years$3,137$1,872$1,072$595$323$229
45 years$3,032$1,785$1,007$549$293$206
46 years$2,933$1,703$946$507$266$185
47 years$2,838$1,625$888$469$241$166
48 years$2,747$1,551$835$433$219$150
49 years$2,661$1,482$785$400$199$135
50 years$2,578$1,415$738$370$181$121

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 $4,197 every year, while hoping to spend $23,326 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: 50/24/26 Blend
34$2,640,000$2,640,000$2,640,000$2,640,000
35$2,913,609$2,773,689$2,732,769$3,037,716
36$3,185,979$2,884,781$2,799,498$3,235,774
37$3,485,348$3,000,535$2,867,681$3,448,246
38$3,814,447$3,121,154$2,937,341$3,678,722
39$4,176,281$3,246,852$3,008,504$3,928,920
40$4,574,165$3,377,851$3,081,192$4,200,728
41$5,011,749$3,514,384$3,155,430$4,496,222
42$5,493,052$3,656,694$3,231,242$4,817,685
43$6,022,507$3,805,036$3,308,652$5,167,629
44$6,604,995$3,959,675$3,387,685$5,548,818
45$7,245,895$4,120,890$3,468,362$5,964,292
46$7,951,133$4,288,970$3,550,709$6,417,395
47$8,727,240$4,464,220$3,634,749$6,911,809
48$9,581,409$4,646,958$3,720,504$7,451,585
49$10,521,570$4,837,516$3,807,998$8,041,180
50$11,556,457$5,036,241$3,897,253$8,685,501
51$12,695,695$5,243,497$3,988,290$9,389,949
52$13,949,891$5,459,663$4,081,133$10,160,470
53$15,330,731$5,685,138$4,175,802$11,003,608
54$16,851,092$5,920,336$4,272,318$11,926,570
55$18,525,164$6,165,693$4,370,701$12,937,289
56$20,368,581$6,421,662$4,470,970$14,044,499
57$22,398,574$6,688,721$4,573,145$15,257,818
58$24,634,126$6,967,366$4,677,243$16,587,839
59$27,096,158$7,258,118$4,783,282$18,046,222
60$29,807,721$7,561,521$4,891,277$19,645,812
61$32,794,219$7,878,146$5,001,245$21,400,752
62$36,083,641$8,208,587$5,113,199$23,326,621
63$39,706,834$8,553,469$5,227,152$25,440,573
64$43,697,786$8,913,444$5,343,117$27,761,505
65$48,093,952$9,289,195$5,461,103$30,310,229
66$52,936,606$9,681,436$5,581,121$33,109,669
67$58,271,228$10,090,914$5,703,176$36,185,075
68$64,147,936$10,518,413$5,827,276$39,564,261
69$70,621,960$10,964,749$5,953,424$43,277,866
70$77,754,158$11,430,780$6,081,622$47,359,639
71$85,611,597$11,917,403$6,211,871$51,846,759
72$94,268,179$12,425,555$6,344,168$56,780,183
73$103,805,346$12,956,219$6,478,510$62,205,032
74$114,312,840$13,510,423$6,614,889$68,171,010
75$125,889,558$14,089,242$6,753,296$74,732,878
76$138,644,481$14,693,803$6,893,720$81,950,965
77$152,697,703$15,325,285$7,036,144$89,891,736
78$168,181,565$15,984,920$7,180,552$98,628,417
79$185,241,906$16,674,002$7,326,921$108,241,685
80$204,039,434$17,393,882$7,475,227$118,820,423
81$224,751,250$18,145,976$7,625,441$130,462,564
82$247,572,515$18,931,766$7,777,530$143,276,005
83$272,718,293$19,752,804$7,931,459$157,379,628
84$300,425,582$20,610,715$8,087,186$172,904,417
85$330,955,550$21,507,199$8,244,665$189,994,692
86$364,596,001$22,444,037$8,403,847$208,809,468
87$401,664,093$23,423,094$8,564,675$229,523,954
88$442,509,328$24,446,323$8,727,089$252,331,200
89$487,516,854$25,515,768$8,891,022$277,443,922
90$537,111,104$26,633,571$9,056,401$305,096,499
91$591,759,794$27,801,973$9,223,148$335,547,189
92$651,978,346$29,023,323$9,391,176$369,080,557
93$718,334,750$30,300,079$9,560,394$406,010,159
94$791,454,928$31,634,816$9,730,701$446,681,501
95$872,028,640$33,030,232$9,901,989$491,475,291
96$960,815,998$34,489,150$10,074,142$540,811,030
97$1,058,654,641$36,014,529$10,247,037$595,150,969
98$1,166,467,640$37,609,467$10,420,538$655,004,466
99$1,285,272,218$39,277,209$10,594,504$720,932,787
100$1,416,189,346$41,021,154$10,768,782$793,554,405