Can I retire at age 35 with 2,720,000?

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 $2,720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$224,615$222,614$220,662$218,757$216,897$214,810
2 years$111,196$109,125$107,118$105,172$103,284$101,182
3 years$73,394$71,314$69,312$67,384$65,528$63,476
4 years$54,497$52,423$50,442$48,547$46,735$44,749
5 years$43,162$41,101$39,145$37,289$35,527$33,612
6 years$35,607$33,562$31,635$29,820$28,111$26,270
7 years$30,213$28,185$26,289$24,517$22,862$21,096
8 years$26,170$24,160$22,295$20,566$18,966$17,274
9 years$23,027$21,035$19,203$17,518$15,972$14,355
10 years$20,513$18,542$16,741$15,101$13,609$12,064
11 years$18,458$16,507$14,739$13,142$11,704$10,231
12 years$16,747$14,815$13,080$11,527$10,143$8,740
13 years$15,300$13,389$11,686$10,177$8,845$7,511
14 years$14,061$12,170$10,500$9,034$7,753$6,486
15 years$12,988$11,118$9,480$8,057$6,827$5,624
16 years$12,051$10,200$8,595$7,214$6,033$4,894
17 years$11,224$9,394$7,821$6,482$5,350$4,272
18 years$10,490$8,680$7,140$5,841$4,757$3,738
19 years$9,834$8,045$6,536$5,278$4,240$3,277
20 years$9,244$7,476$5,999$4,780$3,787$2,879
21 years$8,712$6,963$5,518$4,338$3,389$2,534
22 years$8,228$6,500$5,085$3,945$3,038$2,233
23 years$7,787$6,079$4,695$3,592$2,727$1,970
24 years$7,383$5,696$4,342$3,277$2,451$1,740
25 years$7,013$5,345$4,022$2,992$2,205$1,538
26 years$6,671$5,024$3,730$2,736$1,987$1,361
27 years$6,355$4,728$3,464$2,504$1,791$1,205
28 years$6,062$4,455$3,220$2,295$1,616$1,068
29 years$5,790$4,203$2,997$2,104$1,459$947
30 years$5,537$3,969$2,791$1,931$1,319$840
31 years$5,300$3,752$2,602$1,774$1,192$745
32 years$5,079$3,550$2,428$1,630$1,078$662
33 years$4,871$3,362$2,267$1,499$976$587
34 years$4,676$3,187$2,118$1,379$884$522
35 years$4,493$3,023$1,980$1,270$800$464
36 years$4,320$2,869$1,852$1,169$725$412
37 years$4,157$2,725$1,734$1,077$657$366
38 years$4,003$2,589$1,624$993$596$326
39 years$3,857$2,462$1,521$916$540$290
40 years$3,719$2,343$1,426$844$490$258
41 years$3,588$2,230$1,337$779$445$229
42 years$3,463$2,124$1,254$719$403$204
43 years$3,345$2,024$1,177$664$366$181
44 years$3,232$1,929$1,105$613$332$161
45 years$3,124$1,839$1,037$566$302$144
46 years$3,022$1,755$974$523$274$128
47 years$2,924$1,674$915$483$249$114
48 years$2,831$1,599$860$446$226$101
49 years$2,741$1,526$808$412$205$90
50 years$2,656$1,458$760$381$186$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,720,000, adding $6,647 every year, while hoping to spend $56,487 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: 73/20/7 Blend
34$2,720,000$2,720,000$2,720,000$2,720,000
35$3,004,296$2,860,136$2,817,976$3,220,166
36$3,250,633$2,940,181$2,852,277$3,443,407
37$3,520,203$3,022,255$2,885,833$3,680,076
38$3,815,315$3,106,398$2,918,561$3,937,672
39$4,138,515$3,192,649$2,950,370$4,218,245
40$4,492,604$3,281,049$2,981,168$4,524,050
41$4,880,666$3,371,637$3,010,854$4,857,569
42$5,306,100$3,464,454$3,039,324$5,221,538
43$5,772,648$3,559,538$3,066,467$5,618,966
44$6,284,432$3,656,928$3,092,167$6,053,171
45$6,845,991$3,756,665$3,116,301$6,527,804
46$7,462,326$3,858,786$3,138,741$7,046,886
47$8,138,946$3,963,329$3,159,352$7,614,848
48$8,881,919$4,070,332$3,177,990$8,236,567
49$9,697,927$4,179,831$3,194,506$8,917,419
50$10,594,335$4,291,862$3,208,741$9,663,323
51$11,579,255$4,406,461$3,220,531$10,480,800
52$12,661,621$4,523,659$3,229,701$11,377,033
53$13,851,279$4,643,492$3,236,069$12,359,937
54$15,159,075$4,765,988$3,239,442$13,438,227
55$16,596,957$4,891,178$3,239,620$14,621,511
56$18,178,090$5,019,089$3,236,392$15,920,367
57$19,916,979$5,149,748$3,229,534$17,346,454
58$21,829,603$5,283,178$3,218,816$18,912,617
59$23,933,569$5,419,401$3,203,993$20,633,005
60$26,248,277$5,558,434$3,184,810$22,523,210
61$28,795,099$5,700,295$3,160,999$24,600,412
62$31,597,586$5,844,997$3,132,279$26,883,537
63$34,681,686$5,992,548$3,098,357$29,393,442
64$38,075,991$6,142,956$3,058,925$32,153,106
65$41,812,003$6,296,222$3,013,660$35,187,849
66$45,924,435$6,452,344$2,962,225$38,525,573
67$50,451,534$6,611,316$2,904,266$42,197,018
68$55,435,446$6,773,126$2,839,415$46,236,061
69$60,922,609$6,937,757$2,767,283$50,680,028
70$66,964,195$7,105,187$2,687,467$55,570,050
71$73,616,588$7,275,386$2,599,542$60,951,452
72$80,941,919$7,448,319$2,503,066$66,874,175
73$89,008,652$7,623,944$2,397,576$73,393,255
74$97,892,228$7,802,211$2,282,588$80,569,334
75$107,675,776$7,983,060$2,157,595$88,469,239
76$118,450,900$8,166,425$2,022,069$97,166,610
77$130,318,541$8,352,228$1,875,458$106,742,595
78$143,389,929$8,540,385$1,717,183$117,286,613
79$157,787,634$8,730,796$1,546,640$128,897,204
80$173,646,720$8,923,353$1,363,201$141,682,955
81$191,116,024$9,117,935$1,166,206$155,763,524
82$210,359,552$9,314,407$954,967$171,270,772
83$231,558,035$9,512,622$728,768$188,350,008
84$254,910,631$9,712,417$486,858$207,161,358
85$280,636,802$9,913,612$228,454$227,881,277
86$308,978,389$10,116,013$0$250,704,216
87$340,201,892$10,319,405$0$275,847,994
88$374,600,986$10,523,556$0$303,563,650
89$412,499,289$10,728,213$0$334,094,392
90$454,253,423$10,933,102$0$367,727,048
91$500,256,374$11,137,925$0$404,777,698
92$550,941,202$11,342,362$0$445,594,654
93$606,785,131$11,546,064$0$490,561,752
94$668,314,051$11,748,657$0$540,101,969
95$736,107,481$11,949,738$0$594,681,421
96$810,804,041$12,148,872$0$654,813,762
97$893,107,478$12,345,592$0$721,065,030
98$983,793,310$12,539,396$0$794,058,994
99$1,083,716,147$12,729,745$0$874,483,039
100$1,193,817,755$12,916,063$0$963,094,659