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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.8%
1 years$224,615$222,614$220,662$218,757$216,897$213,479
2 years$111,196$109,125$107,118$105,172$103,284$99,850
3 years$73,394$71,314$69,312$67,384$65,528$62,184
4 years$54,497$52,423$50,442$48,547$46,735$43,507
5 years$43,162$41,101$39,145$37,289$35,527$32,424
6 years$35,607$33,562$31,635$29,820$28,111$25,137
7 years$30,213$28,185$26,289$24,517$22,862$20,018
8 years$26,170$24,160$22,295$20,566$18,966$16,251
9 years$23,027$21,035$19,203$17,518$15,972$13,385
10 years$20,513$18,542$16,741$15,101$13,609$11,148
11 years$18,458$16,507$14,739$13,142$11,704$9,366
12 years$16,747$14,815$13,080$11,527$10,143$7,925
13 years$15,300$13,389$11,686$10,177$8,845$6,744
14 years$14,061$12,170$10,500$9,034$7,753$5,766
15 years$12,988$11,118$9,480$8,057$6,827$4,949
16 years$12,051$10,200$8,595$7,214$6,033$4,262
17 years$11,224$9,394$7,821$6,482$5,350$3,681
18 years$10,490$8,680$7,140$5,841$4,757$3,186
19 years$9,834$8,045$6,536$5,278$4,240$2,764
20 years$9,244$7,476$5,999$4,780$3,787$2,401
21 years$8,712$6,963$5,518$4,338$3,389$2,089
22 years$8,228$6,500$5,085$3,945$3,038$1,820
23 years$7,787$6,079$4,695$3,592$2,727$1,588
24 years$7,383$5,696$4,342$3,277$2,451$1,386
25 years$7,013$5,345$4,022$2,992$2,205$1,211
26 years$6,671$5,024$3,730$2,736$1,987$1,059
27 years$6,355$4,728$3,464$2,504$1,791$926
28 years$6,062$4,455$3,220$2,295$1,616$811
29 years$5,790$4,203$2,997$2,104$1,459$710
30 years$5,537$3,969$2,791$1,931$1,319$622
31 years$5,300$3,752$2,602$1,774$1,192$545
32 years$5,079$3,550$2,428$1,630$1,078$478
33 years$4,871$3,362$2,267$1,499$976$419
34 years$4,676$3,187$2,118$1,379$884$368
35 years$4,493$3,023$1,980$1,270$800$323
36 years$4,320$2,869$1,852$1,169$725$283
37 years$4,157$2,725$1,734$1,077$657$249
38 years$4,003$2,589$1,624$993$596$218
39 years$3,857$2,462$1,521$916$540$192
40 years$3,719$2,343$1,426$844$490$168
41 years$3,588$2,230$1,337$779$445$148
42 years$3,463$2,124$1,254$719$403$130
43 years$3,345$2,024$1,177$664$366$114
44 years$3,232$1,929$1,105$613$332$100
45 years$3,124$1,839$1,037$566$302$88
46 years$3,022$1,755$974$523$274$77
47 years$2,924$1,674$915$483$249$68
48 years$2,831$1,599$860$446$226$60
49 years$2,741$1,526$808$412$205$52
50 years$2,656$1,458$760$381$186$46

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 $3,847 every year, while hoping to spend $35,666 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: 69/23/8 Blend
34$2,720,000$2,720,000$2,720,000$2,720,000
35$3,001,408$2,857,248$2,815,088$3,203,996
36$3,269,603$2,959,305$2,871,445$3,440,744
37$3,563,959$3,065,167$2,928,495$3,694,925
38$3,887,106$3,174,984$2,986,223$3,972,012
39$4,241,943$3,288,909$3,044,613$4,274,244
40$4,631,660$3,407,105$3,103,647$4,604,086
41$5,059,776$3,529,740$3,163,305$4,964,252
42$5,530,163$3,656,987$3,223,566$5,357,726
43$6,047,090$3,789,030$3,284,406$5,787,797
44$6,615,259$3,926,058$3,345,799$6,258,082
45$7,239,848$4,068,268$3,407,716$6,772,567
46$7,926,566$4,215,866$3,470,128$7,335,638
47$8,681,699$4,369,066$3,533,000$7,952,124
48$9,512,174$4,528,092$3,596,297$8,627,344
49$10,425,622$4,693,176$3,659,980$9,367,154
50$11,430,454$4,864,560$3,724,008$10,178,002
51$12,535,934$5,042,496$3,788,335$11,066,992
52$13,752,268$5,227,248$3,852,914$12,041,943
53$15,090,706$5,419,089$3,917,693$13,111,471
54$16,563,639$5,618,305$3,982,616$14,285,063
55$18,184,721$5,825,194$4,047,626$15,573,170
56$19,969,000$6,040,066$4,112,658$16,987,300
57$21,933,052$6,263,243$4,177,646$18,540,133
58$24,095,145$6,495,063$4,242,519$20,245,633
59$26,475,406$6,735,878$4,307,200$22,119,185
60$29,096,015$6,986,053$4,371,608$24,177,734
61$31,981,409$7,245,970$4,435,657$26,439,948
62$35,158,517$7,516,028$4,499,257$28,926,392
63$38,657,014$7,796,641$4,562,310$31,659,721
64$42,509,595$8,088,242$4,624,713$34,664,894
65$46,752,292$8,391,284$4,686,359$37,969,407
66$51,424,804$8,706,236$4,747,131$41,603,553
67$56,570,882$9,033,589$4,806,907$45,600,707
68$62,238,734$9,373,857$4,865,560$49,997,637
69$68,481,482$9,727,572$4,922,953$54,834,856
70$75,357,663$10,095,294$4,978,943$60,156,996
71$82,931,784$10,477,602$5,033,376$66,013,236
72$91,274,925$10,875,104$5,086,094$72,457,756
73$100,465,416$11,288,433$5,136,926$79,550,256
74$110,589,571$11,718,249$5,185,696$87,356,513
75$121,742,506$12,165,241$5,232,215$95,949,001
76$134,029,033$12,630,129$5,276,286$105,407,575
77$147,564,652$13,113,664$5,317,700$115,820,225
78$162,476,642$13,616,629$5,356,238$127,283,900
79$178,905,257$14,139,841$5,391,670$139,905,426
80$197,005,055$14,684,155$5,423,752$153,802,512
81$216,946,353$15,250,461$5,452,230$169,104,858
82$238,916,837$15,839,690$5,476,836$185,955,379
83$263,123,332$16,452,812$5,497,288$204,511,553
84$289,793,755$17,090,843$5,513,290$224,946,902
85$319,179,263$17,754,840$5,524,530$247,452,634
86$351,556,630$18,445,908$5,530,684$272,239,440
87$387,230,852$19,165,204$5,531,408$299,539,484
88$426,538,032$19,913,931$5,526,342$329,608,594
89$469,848,547$20,693,350$5,515,111$362,728,671
90$517,570,549$21,504,774$5,497,317$399,210,350
91$570,153,815$22,349,578$5,472,548$439,395,930
92$628,093,993$23,229,197$5,440,367$483,662,602
93$691,937,280$24,145,127$5,400,319$532,426,009
94$762,285,581$25,098,936$5,351,928$586,144,165
95$839,802,185$26,092,259$5,294,692$645,321,776
96$925,218,032$27,126,804$5,228,088$710,515,004
97$1,019,338,610$28,204,356$5,151,568$782,336,711
98$1,123,051,560$29,326,781$5,064,557$861,462,246
99$1,237,335,053$30,496,028$4,966,455$948,635,812
100$1,363,267,029$31,714,133$4,856,631$1,044,677,490