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%13.3%
1 years$226,267$224,251$222,285$220,366$218,491$215,493
2 years$112,013$109,927$107,905$105,945$104,044$101,028
3 years$73,934$71,839$69,822$67,880$66,010$63,071
4 years$54,898$52,809$50,812$48,904$47,079$44,239
5 years$43,479$41,403$39,433$37,563$35,788$33,056
6 years$35,869$33,809$31,867$30,039$28,318$25,697
7 years$30,436$28,392$26,482$24,697$23,030$20,521
8 years$26,362$24,337$22,459$20,718$19,106$16,707
9 years$23,196$21,190$19,344$17,647$16,090$13,802
10 years$20,664$18,678$16,864$15,212$13,709$11,530
11 years$18,594$16,628$14,847$13,239$11,790$9,718
12 years$16,870$14,924$13,176$11,612$10,217$8,248
13 years$15,413$13,487$11,772$10,252$8,910$7,042
14 years$14,165$12,260$10,577$9,100$7,810$6,041
15 years$13,084$11,199$9,550$8,116$6,877$5,203
16 years$12,139$10,275$8,658$7,267$6,078$4,497
17 years$11,307$9,463$7,879$6,529$5,389$3,897
18 years$10,567$8,744$7,192$5,884$4,792$3,386
19 years$9,906$8,104$6,584$5,317$4,271$2,947
20 years$9,312$7,531$6,043$4,815$3,815$2,570
21 years$8,776$7,015$5,558$4,370$3,414$2,245
22 years$8,288$6,548$5,123$3,974$3,060$1,963
23 years$7,844$6,124$4,730$3,619$2,747$1,719
24 years$7,438$5,738$4,374$3,301$2,469$1,507
25 years$7,064$5,385$4,052$3,014$2,222$1,322
26 years$6,720$5,061$3,758$2,756$2,001$1,160
27 years$6,402$4,763$3,489$2,523$1,804$1,019
28 years$6,107$4,488$3,244$2,311$1,628$896
29 years$5,833$4,234$3,019$2,120$1,470$788
30 years$5,577$3,998$2,812$1,945$1,328$693
31 years$5,339$3,780$2,621$1,787$1,201$610
32 years$5,116$3,576$2,446$1,642$1,086$537
33 years$4,907$3,387$2,284$1,510$983$473
34 years$4,711$3,210$2,134$1,389$890$417
35 years$4,526$3,045$1,995$1,279$806$367
36 years$4,352$2,890$1,866$1,178$730$324
37 years$4,187$2,745$1,747$1,085$662$285
38 years$4,032$2,608$1,636$1,000$600$251
39 years$3,885$2,480$1,532$922$544$222
40 years$3,746$2,360$1,436$851$494$195
41 years$3,614$2,246$1,347$785$448$172
42 years$3,488$2,139$1,263$724$406$152
43 years$3,369$2,038$1,185$669$369$134
44 years$3,256$1,943$1,113$617$335$118
45 years$3,147$1,853$1,045$570$304$104
46 years$3,044$1,768$981$527$276$92
47 years$2,946$1,687$922$487$251$81
48 years$2,851$1,610$866$450$228$72
49 years$2,761$1,538$814$416$207$63
50 years$2,675$1,469$766$384$188$56

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 $5,992 every year, while hoping to spend $49,149 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: 33/46/21 Blend
34$2,740,000$2,740,000$2,740,000$2,740,000
35$3,025,661$2,880,441$2,837,971$3,105,788
36$3,281,984$2,969,288$2,880,749$3,254,857
37$3,562,805$3,060,842$2,923,312$3,410,500
38$3,870,570$3,155,183$2,965,603$3,577,231
39$4,207,975$3,252,393$3,007,557$3,756,057
40$4,577,988$3,352,559$3,049,109$3,948,082
41$4,983,877$3,455,769$3,090,188$4,154,524
42$5,429,242$3,562,112$3,130,720$4,376,719
43$5,918,051$3,671,682$3,170,625$4,616,137
44$6,454,672$3,784,574$3,209,821$4,874,396
45$7,043,917$3,900,886$3,248,218$5,153,273
46$7,691,088$4,020,721$3,285,725$5,454,726
47$8,402,023$4,144,180$3,322,241$5,780,906
48$9,183,157$4,271,373$3,357,664$6,134,183
49$10,041,577$4,402,408$3,391,883$6,517,164
50$10,985,090$4,537,398$3,424,783$6,932,716
51$12,022,298$4,676,460$3,456,243$7,383,999
52$13,162,679$4,819,713$3,486,134$7,874,489
53$14,416,673$4,967,279$3,514,320$8,408,011
54$15,795,784$5,119,286$3,540,659$8,988,781
55$17,312,685$5,275,862$3,565,002$9,621,437
56$18,981,340$5,437,141$3,587,192$10,311,087
57$20,817,136$5,603,259$3,607,061$11,063,357
58$22,837,022$5,774,358$3,624,437$11,884,442
59$25,059,679$5,950,582$3,639,135$12,781,165
60$27,505,684$6,132,079$3,650,965$13,761,039
61$30,197,715$6,319,002$3,659,723$14,832,340
62$33,160,756$6,511,507$3,665,198$16,004,186
63$36,422,338$6,709,755$3,667,167$17,286,616
64$40,012,795$6,913,912$3,665,396$18,690,692
65$43,965,553$7,124,147$3,659,640$20,228,598
66$48,317,444$7,340,634$3,649,642$21,913,756
67$53,109,051$7,563,553$3,635,132$23,760,954
68$58,385,093$7,793,086$3,615,828$25,786,481
69$64,194,847$8,029,422$3,591,433$28,008,284
70$70,592,612$8,272,754$3,561,637$30,446,136
71$77,638,221$8,523,282$3,526,114$33,121,821
72$85,397,605$8,781,208$3,484,524$36,059,340
73$93,943,415$9,046,741$3,436,510$39,285,137
74$103,355,708$9,320,096$3,381,697$42,828,348
75$113,722,701$9,601,492$3,319,696$46,721,076
76$125,141,607$9,891,155$3,250,096$50,998,693
77$137,719,545$10,189,316$3,172,468$55,700,173
78$151,574,559$10,496,212$3,086,365$60,868,461
79$166,836,723$10,812,086$2,991,318$66,550,876
80$183,649,378$11,137,187$2,886,836$72,799,559
81$202,170,475$11,471,770$2,772,406$79,671,964
82$222,574,074$11,816,097$2,647,492$87,231,397
83$245,051,979$12,170,435$2,511,532$95,547,621
84$269,815,554$12,535,060$2,363,942$104,697,504
85$297,097,714$12,910,252$2,204,108$114,765,751
86$327,155,125$13,296,298$2,031,390$125,845,702
87$360,270,626$13,693,495$1,845,119$138,040,213
88$396,755,897$14,102,143$1,644,598$151,462,621
89$436,954,402$14,522,551$1,429,095$166,237,824
90$481,244,630$14,955,036$1,197,849$182,503,451
91$530,043,670$15,399,920$950,064$200,411,162
92$583,811,142$15,857,534$684,909$220,128,083
93$643,053,541$16,328,216$401,517$241,838,383
94$708,329,016$16,812,312$98,981$265,745,007
95$780,252,636$17,310,175$0$292,071,598
96$859,502,197$17,822,167$0$321,114,769
97$946,824,623$18,348,655$0$353,122,865
98$1,043,043,013$18,890,017$0$388,373,194
99$1,149,064,410$19,446,638$0$427,195,793
100$1,265,888,367$20,018,910$0$469,954,350