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%17.3%
1 years$224,615$222,614$220,662$218,757$216,897$210,460
2 years$111,196$109,125$107,118$105,172$103,284$96,852
3 years$73,394$71,314$69,312$67,384$65,528$59,302
4 years$54,497$52,423$50,442$48,547$46,735$40,764
5 years$43,162$41,101$39,145$37,289$35,527$29,827
6 years$35,607$33,562$31,635$29,820$28,111$22,687
7 years$30,213$28,185$26,289$24,517$22,862$17,713
8 years$26,170$24,160$22,295$20,566$18,966$14,090
9 years$23,027$21,035$19,203$17,518$15,972$11,363
10 years$20,513$18,542$16,741$15,101$13,609$9,261
11 years$18,458$16,507$14,739$13,142$11,704$7,610
12 years$16,747$14,815$13,080$11,527$10,143$6,293
13 years$15,300$13,389$11,686$10,177$8,845$5,232
14 years$14,061$12,170$10,500$9,034$7,753$4,368
15 years$12,988$11,118$9,480$8,057$6,827$3,659
16 years$12,051$10,200$8,595$7,214$6,033$3,074
17 years$11,224$9,394$7,821$6,482$5,350$2,588
18 years$10,490$8,680$7,140$5,841$4,757$2,183
19 years$9,834$8,045$6,536$5,278$4,240$1,845
20 years$9,244$7,476$5,999$4,780$3,787$1,561
21 years$8,712$6,963$5,518$4,338$3,389$1,323
22 years$8,228$6,500$5,085$3,945$3,038$1,122
23 years$7,787$6,079$4,695$3,592$2,727$952
24 years$7,383$5,696$4,342$3,277$2,451$808
25 years$7,013$5,345$4,022$2,992$2,205$687
26 years$6,671$5,024$3,730$2,736$1,987$584
27 years$6,355$4,728$3,464$2,504$1,791$497
28 years$6,062$4,455$3,220$2,295$1,616$423
29 years$5,790$4,203$2,997$2,104$1,459$360
30 years$5,537$3,969$2,791$1,931$1,319$306
31 years$5,300$3,752$2,602$1,774$1,192$261
32 years$5,079$3,550$2,428$1,630$1,078$222
33 years$4,871$3,362$2,267$1,499$976$189
34 years$4,676$3,187$2,118$1,379$884$161
35 years$4,493$3,023$1,980$1,270$800$137
36 years$4,320$2,869$1,852$1,169$725$117
37 years$4,157$2,725$1,734$1,077$657$100
38 years$4,003$2,589$1,624$993$596$85
39 years$3,857$2,462$1,521$916$540$72
40 years$3,719$2,343$1,426$844$490$62
41 years$3,588$2,230$1,337$779$445$53
42 years$3,463$2,124$1,254$719$403$45
43 years$3,345$2,024$1,177$664$366$38
44 years$3,232$1,929$1,105$613$332$33
45 years$3,124$1,839$1,037$566$302$28
46 years$3,022$1,755$974$523$274$24
47 years$2,924$1,674$915$483$249$20
48 years$2,831$1,599$860$446$226$17
49 years$2,741$1,526$808$412$205$15
50 years$2,656$1,458$760$381$186$12

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 $4,089 every year, while hoping to spend $35,643 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: 50/22/28 Blend
34$2,720,000$2,720,000$2,720,000$2,720,000
35$3,001,658$2,857,498$2,815,338$3,127,769
36$3,269,903$2,959,591$2,871,728$3,318,450
37$3,564,315$3,065,493$2,928,812$3,521,715
38$3,887,524$3,175,351$2,986,577$3,741,960
39$4,242,430$3,289,322$3,045,005$3,980,814
40$4,632,225$3,407,566$3,104,080$4,240,068
41$5,060,426$3,530,251$3,163,781$4,521,693
42$5,530,910$3,657,553$3,224,088$4,827,859
43$6,047,943$3,789,654$3,284,976$5,160,952
44$6,616,230$3,926,744$3,346,419$5,523,602
45$7,240,951$4,069,020$3,408,390$5,918,700
46$7,927,815$4,216,688$3,470,857$6,349,430
47$8,683,109$4,369,963$3,533,788$6,819,297
48$9,513,763$4,529,069$3,597,147$7,332,160
49$10,427,411$4,694,237$3,660,896$7,892,268
50$11,432,463$4,865,711$3,724,992$8,504,300
51$12,538,186$5,043,742$3,789,391$9,173,407
52$13,754,791$5,228,595$3,854,045$9,905,261
53$15,093,527$5,420,544$3,918,903$10,706,111
54$16,566,791$5,619,874$3,983,910$11,582,836
55$18,188,239$5,826,884$4,049,007$12,543,014
56$19,972,922$6,041,884$4,114,131$13,594,991
57$21,937,421$6,265,197$4,179,215$14,747,959
58$24,100,008$6,497,162$4,244,189$16,012,042
59$26,480,815$6,738,129$4,308,976$17,398,393
60$29,102,027$6,988,466$4,373,495$18,919,298
61$31,988,087$7,248,555$4,437,661$20,588,288
62$35,165,932$7,518,794$4,501,382$22,420,270
63$38,665,241$7,799,599$4,564,563$24,431,667
64$42,518,720$8,091,404$4,627,100$26,640,570
65$46,762,407$8,394,660$4,688,886$29,066,910
66$51,436,014$8,709,839$4,749,804$31,732,642
67$56,583,300$9,037,433$4,809,735$34,661,956
68$62,252,484$9,377,955$4,868,549$37,881,504
69$68,496,702$9,731,940$4,926,110$41,420,647
70$75,374,506$10,099,945$4,982,275$45,311,735
71$82,950,417$10,482,554$5,036,892$49,590,410
72$91,295,534$10,880,374$5,089,803$54,295,941
73$100,488,204$11,294,038$5,140,837$59,471,595
74$110,614,763$11,724,208$5,189,817$65,165,046
75$121,770,349$12,171,574$5,236,556$71,428,819
76$134,059,801$12,636,857$5,280,857$78,320,789
77$147,598,646$13,120,809$5,322,511$85,904,727
78$162,514,193$13,624,214$5,361,301$94,250,898
79$178,946,731$14,147,891$5,396,995$103,436,722
80$197,050,855$14,692,695$5,429,351$113,547,510
81$216,996,924$15,259,518$5,458,116$124,677,262
82$238,972,668$15,849,293$5,483,021$136,929,555
83$263,184,963$16,462,991$5,503,785$150,418,522
84$289,861,780$17,101,628$5,520,113$165,269,923
85$319,254,339$17,766,266$5,531,694$181,622,336
86$351,639,479$18,458,010$5,538,203$199,628,461
87$387,322,271$19,178,017$5,539,298$219,456,560
88$426,638,898$19,927,495$5,534,619$241,292,046
89$469,959,828$20,707,705$5,523,792$265,339,228
90$517,693,311$21,519,964$5,506,420$291,823,243
91$570,289,234$22,365,647$5,482,089$320,992,177
92$628,243,363$23,246,191$5,450,367$353,119,402
93$692,102,030$24,163,098$5,410,798$388,506,164
94$762,467,283$25,117,935$5,362,905$427,484,414
95$840,002,573$26,112,341$5,306,190$470,419,949
96$925,439,017$27,148,028$5,240,129$517,715,859
97$1,019,582,297$28,226,782$5,164,174$569,816,328
98$1,123,320,271$29,350,474$5,077,753$627,210,832
99$1,237,631,346$30,521,054$4,980,265$690,438,751
100$1,363,593,721$31,740,564$4,871,082$760,094,463