Can I retire at age 35 with 2,740,000?

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 $2,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$226,267$224,251$222,285$220,366$218,491$212,520
2 years$112,013$109,927$107,905$105,945$104,044$98,071
3 years$73,934$71,839$69,822$67,880$66,010$60,223
4 years$54,898$52,809$50,812$48,904$47,079$41,522
5 years$43,479$41,403$39,433$37,563$35,788$30,478
6 years$35,869$33,809$31,867$30,039$28,318$23,258
7 years$30,436$28,392$26,482$24,697$23,030$18,221
8 years$26,362$24,337$22,459$20,718$19,106$14,545
9 years$23,196$21,190$19,344$17,647$16,090$11,773
10 years$20,664$18,678$16,864$15,212$13,709$9,631
11 years$18,594$16,628$14,847$13,239$11,790$7,944
12 years$16,870$14,924$13,176$11,612$10,217$6,596
13 years$15,413$13,487$11,772$10,252$8,910$5,506
14 years$14,165$12,260$10,577$9,100$7,810$4,616
15 years$13,084$11,199$9,550$8,116$6,877$3,883
16 years$12,139$10,275$8,658$7,267$6,078$3,276
17 years$11,307$9,463$7,879$6,529$5,389$2,770
18 years$10,567$8,744$7,192$5,884$4,792$2,348
19 years$9,906$8,104$6,584$5,317$4,271$1,993
20 years$9,312$7,531$6,043$4,815$3,815$1,694
21 years$8,776$7,015$5,558$4,370$3,414$1,442
22 years$8,288$6,548$5,123$3,974$3,060$1,228
23 years$7,844$6,124$4,730$3,619$2,747$1,047
24 years$7,438$5,738$4,374$3,301$2,469$894
25 years$7,064$5,385$4,052$3,014$2,222$763
26 years$6,720$5,061$3,758$2,756$2,001$652
27 years$6,402$4,763$3,489$2,523$1,804$557
28 years$6,107$4,488$3,244$2,311$1,628$476
29 years$5,833$4,234$3,019$2,120$1,470$407
30 years$5,577$3,998$2,812$1,945$1,328$349
31 years$5,339$3,780$2,621$1,787$1,201$298
32 years$5,116$3,576$2,446$1,642$1,086$255
33 years$4,907$3,387$2,284$1,510$983$218
34 years$4,711$3,210$2,134$1,389$890$187
35 years$4,526$3,045$1,995$1,279$806$160
36 years$4,352$2,890$1,866$1,178$730$137
37 years$4,187$2,745$1,747$1,085$662$117
38 years$4,032$2,608$1,636$1,000$600$101
39 years$3,885$2,480$1,532$922$544$86
40 years$3,746$2,360$1,436$851$494$74
41 years$3,614$2,246$1,347$785$448$63
42 years$3,488$2,139$1,263$724$406$54
43 years$3,369$2,038$1,185$669$369$46
44 years$3,256$1,943$1,113$617$335$40
45 years$3,147$1,853$1,045$570$304$34
46 years$3,044$1,768$981$527$276$29
47 years$2,946$1,687$922$487$251$25
48 years$2,851$1,610$866$450$228$21
49 years$2,761$1,538$814$416$207$18
50 years$2,675$1,469$766$384$188$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,740,000, adding $5,762 every year, while hoping to spend $41,925 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: 61/29/10 Blend
34$2,740,000$2,740,000$2,740,000$2,740,000
35$3,025,424$2,880,204$2,837,734$3,202,742
36$3,289,409$2,976,726$2,888,190$3,418,809
37$3,578,916$3,076,572$2,938,931$3,649,152
38$3,896,502$3,179,862$2,989,923$3,899,448
39$4,244,988$3,286,717$3,041,128$4,171,625
40$4,627,477$3,397,267$3,092,506$4,467,805
41$5,047,390$3,511,643$3,144,014$4,790,323
42$5,508,492$3,629,982$3,195,608$5,141,748
43$6,014,935$3,752,427$3,247,237$5,524,909
44$6,571,288$3,879,127$3,298,849$5,942,918
45$7,182,589$4,010,233$3,350,390$6,399,201
46$7,854,385$4,145,907$3,401,800$6,897,530
47$8,592,788$4,286,312$3,453,017$7,442,058
48$9,404,532$4,431,621$3,503,972$8,037,357
49$10,297,035$4,582,011$3,554,596$8,688,460
50$11,278,471$4,737,667$3,604,813$9,400,910
51$12,357,843$4,898,781$3,654,543$10,180,812
52$13,545,074$5,065,553$3,703,701$11,034,885
53$14,851,095$5,238,188$3,752,198$11,970,532
54$16,287,950$5,416,902$3,799,939$12,995,904
55$17,868,907$5,601,917$3,846,824$14,119,981
56$19,608,590$5,793,465$3,892,747$15,352,649
57$21,523,107$5,991,786$3,937,595$16,704,800
58$23,630,210$6,197,129$3,981,250$18,188,431
59$25,949,457$6,409,754$4,023,588$19,816,756
60$28,502,400$6,629,931$4,064,476$21,604,330
61$31,312,785$6,857,938$4,103,777$23,567,187
62$34,406,779$7,094,066$4,141,343$25,722,989
63$37,813,212$7,338,618$4,177,020$28,091,195
64$41,563,856$7,591,906$4,210,646$30,693,240
65$45,693,717$7,854,256$4,242,050$33,552,738
66$50,241,369$8,126,008$4,271,052$36,695,703
67$55,249,319$8,407,513$4,297,463$40,150,797
68$60,764,405$8,699,137$4,321,083$43,949,598
69$66,838,239$9,001,259$4,341,704$48,126,892
70$73,527,693$9,314,274$4,359,105$52,721,010
71$80,895,438$9,638,595$4,373,056$57,774,181
72$89,010,533$9,974,646$4,383,313$63,332,932
73$97,949,077$10,322,872$4,389,623$69,448,528
74$107,794,924$10,683,735$4,391,717$76,177,452
75$118,640,482$11,057,714$4,389,315$83,581,937
76$130,587,577$11,445,308$4,382,123$91,730,555
77$143,748,418$11,847,035$4,369,832$100,698,862
78$158,246,652$12,263,436$4,352,117$110,570,108
79$174,218,537$12,695,071$4,328,640$121,436,022
80$191,814,223$13,142,524$4,299,044$133,397,680
81$211,199,168$13,606,402$4,262,956$146,566,453
82$232,555,704$14,087,337$4,219,986$161,065,061
83$256,084,755$14,585,985$4,169,725$177,028,726
84$282,007,733$15,103,031$4,111,744$194,606,450
85$310,568,628$15,639,186$4,045,593$213,962,419
86$342,036,311$16,195,190$3,970,804$235,277,550
87$376,707,074$16,771,813$3,886,885$258,751,200
88$414,907,420$17,369,857$3,793,320$284,603,043
89$456,997,153$17,990,156$3,689,573$313,075,144
90$503,372,768$18,633,578$3,575,079$344,434,243
91$554,471,195$19,301,029$3,449,249$378,974,266
92$610,773,926$19,993,448$3,311,467$417,019,107
93$672,811,556$20,711,816$3,161,091$458,925,672
94$741,168,792$21,457,153$2,997,445$505,087,256
95$816,489,976$22,230,520$2,819,826$555,937,249
96$899,485,163$23,033,025$2,627,499$611,953,225
97$990,936,824$23,865,818$2,419,696$673,661,449
98$1,091,707,237$24,730,100$2,195,612$741,641,843
99$1,202,746,620$25,627,119$1,954,410$816,533,458
100$1,325,102,105$26,558,178$1,695,212$899,040,503