Can I retire at age 35 with 2,710,000?

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 $2,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$223,789$221,796$219,851$217,953$216,099$207,689
2 years$110,787$108,723$106,724$104,785$102,904$94,533
3 years$73,124$71,052$69,057$67,137$65,287$57,218
4 years$54,297$52,231$50,256$48,368$46,563$38,858
5 years$43,003$40,950$39,001$37,151$35,397$28,074
6 years$35,476$33,438$31,518$29,710$28,008$21,074
7 years$30,102$28,081$26,192$24,426$22,778$16,230
8 years$26,074$24,071$22,213$20,491$18,897$12,728
9 years$22,942$20,958$19,132$17,454$15,914$10,115
10 years$20,438$18,474$16,680$15,045$13,559$8,120
11 years$18,391$16,446$14,684$13,094$11,661$6,569
12 years$16,686$14,761$13,032$11,485$10,106$5,347
13 years$15,244$13,340$11,643$10,140$8,812$4,373
14 years$14,010$12,125$10,462$9,001$7,725$3,590
15 years$12,941$11,077$9,445$8,027$6,801$2,956
16 years$12,006$10,163$8,564$7,187$6,011$2,441
17 years$11,183$9,359$7,793$6,458$5,330$2,019
18 years$10,451$8,649$7,114$5,820$4,739$1,673
19 years$9,798$8,015$6,512$5,259$4,224$1,389
20 years$9,210$7,448$5,977$4,763$3,773$1,154
21 years$8,680$6,938$5,497$4,322$3,376$959
22 years$8,198$6,476$5,067$3,930$3,026$798
23 years$7,758$6,057$4,678$3,579$2,717$665
24 years$7,356$5,675$4,326$3,264$2,442$554
25 years$6,987$5,326$4,007$2,981$2,197$462
26 years$6,646$5,005$3,716$2,726$1,979$385
27 years$6,332$4,711$3,451$2,495$1,784$321
28 years$6,040$4,439$3,208$2,286$1,610$268
29 years$5,769$4,187$2,985$2,096$1,454$224
30 years$5,516$3,955$2,781$1,924$1,314$187
31 years$5,281$3,738$2,593$1,767$1,188$156
32 years$5,060$3,537$2,419$1,624$1,074$130
33 years$4,853$3,350$2,259$1,493$972$109
34 years$4,659$3,175$2,110$1,374$880$91
35 years$4,476$3,011$1,973$1,265$797$76
36 years$4,304$2,858$1,846$1,165$722$63
37 years$4,142$2,715$1,727$1,073$655$53
38 years$3,988$2,580$1,618$989$594$44
39 years$3,843$2,453$1,516$912$538$37
40 years$3,705$2,334$1,421$841$488$31
41 years$3,574$2,222$1,332$776$443$26
42 years$3,450$2,116$1,250$716$402$21
43 years$3,332$2,016$1,172$661$365$18
44 years$3,220$1,922$1,101$611$331$15
45 years$3,113$1,833$1,033$564$301$13
46 years$3,011$1,748$971$521$273$10
47 years$2,913$1,668$912$481$248$9
48 years$2,820$1,593$857$445$225$7
49 years$2,731$1,521$805$411$204$6
50 years$2,646$1,453$757$380$186$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,710,000, adding $5,438 every year, while hoping to spend $27,514 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: 42/31/27 Blend
34$2,710,000$2,710,000$2,710,000$2,710,000
35$2,992,029$2,848,399$2,806,394$3,093,836
36$3,267,942$2,958,696$2,871,134$3,277,812
37$3,571,075$3,073,475$2,937,120$3,473,914
38$3,904,176$3,192,928$3,004,365$3,685,760
39$4,270,273$3,317,252$3,072,882$3,914,818
40$4,672,700$3,446,656$3,142,683$4,162,703
41$5,115,130$3,581,357$3,213,777$4,431,190
42$5,601,611$3,721,581$3,286,177$4,722,227
43$6,136,603$3,867,566$3,359,891$5,037,960
44$6,725,018$4,019,558$3,434,929$5,380,744
45$7,372,269$4,177,816$3,511,299$5,753,171
46$8,084,321$4,342,610$3,589,008$6,158,093
47$8,867,745$4,514,221$3,668,062$6,598,643
48$9,729,781$4,692,944$3,748,469$7,078,270
49$10,678,407$4,879,086$3,830,230$7,600,769
50$11,722,412$5,072,969$3,913,351$8,170,312
51$12,871,483$5,274,929$3,997,833$8,791,493
52$14,136,290$5,485,317$4,083,676$9,469,365
53$15,528,593$5,704,499$4,170,881$10,209,490
54$17,061,348$5,932,858$4,259,444$11,017,989
55$18,748,833$6,170,796$4,349,363$11,901,599
56$20,606,780$6,418,730$4,440,632$12,867,736
57$22,652,522$6,677,098$4,533,244$13,924,564
58$24,905,161$6,946,358$4,627,189$15,081,070
59$27,385,744$7,226,987$4,722,458$16,347,147
60$30,117,466$7,519,484$4,819,035$17,733,690
61$33,125,881$7,824,373$4,916,907$19,252,693
62$36,439,153$8,142,200$5,016,056$20,917,363
63$40,088,314$8,473,534$5,116,460$22,742,243
64$44,107,558$8,818,973$5,218,098$24,743,347
65$48,534,567$9,179,142$5,320,942$26,938,313
66$53,410,865$9,554,691$5,424,966$29,346,563
67$58,782,206$9,946,305$5,530,136$31,989,488
68$64,699,013$10,354,695$5,636,417$34,890,646
69$71,216,846$10,780,609$5,743,771$38,075,986
70$78,396,933$11,224,827$5,852,155$41,574,089
71$86,306,740$11,688,164$5,961,523$45,416,433
72$95,020,618$12,171,474$6,071,824$49,637,694
73$104,620,495$12,675,651$6,183,004$54,276,067
74$115,196,654$13,201,626$6,295,003$59,373,627
75$126,848,585$13,750,378$6,407,758$64,976,720
76$139,685,922$14,322,928$6,521,199$71,136,402
77$153,829,479$14,920,344$6,635,252$77,908,920
78$169,412,390$15,543,745$6,749,837$85,356,233
79$186,581,365$16,194,300$6,864,868$93,546,602
80$205,498,076$16,873,233$6,980,253$102,555,227
81$226,340,683$17,581,824$7,095,894$112,464,957
82$249,305,512$18,321,412$7,211,686$123,367,066
83$274,608,913$19,093,401$7,327,517$135,362,115
84$302,489,300$19,899,255$7,443,266$148,560,893
85$333,209,400$20,740,509$7,558,807$163,085,467
86$367,058,735$21,618,771$7,674,003$179,070,323
87$404,356,354$22,535,719$7,788,711$196,663,636
88$445,453,846$23,493,113$7,902,776$216,028,664
89$490,738,656$24,492,793$8,016,037$237,345,287
90$540,637,745$25,536,686$8,128,321$260,811,697
91$595,621,619$26,626,808$8,239,443$286,646,268
92$656,208,771$27,765,269$8,349,212$315,089,613
93$722,970,576$28,954,277$8,457,421$346,406,847
94$796,536,683$30,196,145$8,563,852$380,890,088
95$877,600,961$31,493,292$8,668,278$418,861,211
96$966,928,048$32,848,252$8,770,453$460,674,876
97$1,065,360,568$34,263,676$8,870,123$506,721,876
98$1,173,827,091$35,742,341$8,967,017$557,432,816
99$1,293,350,890$37,287,152$9,060,848$613,282,175
100$1,425,059,611$38,901,152$9,151,317$674,792,777