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

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 $2,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$226,267$224,251$222,285$220,366$218,491$213,037
2 years$112,013$109,927$107,905$105,945$104,044$98,582
3 years$73,934$71,839$69,822$67,880$66,010$60,713
4 years$54,898$52,809$50,812$48,904$47,079$41,987
5 years$43,479$41,403$39,433$37,563$35,788$30,916
6 years$35,869$33,809$31,867$30,039$28,318$23,670
7 years$30,436$28,392$26,482$24,697$23,030$18,607
8 years$26,362$24,337$22,459$20,718$19,106$14,905
9 years$23,196$21,190$19,344$17,647$16,090$12,109
10 years$20,664$18,678$16,864$15,212$13,709$9,943
11 years$18,594$16,628$14,847$13,239$11,790$8,233
12 years$16,870$14,924$13,176$11,612$10,217$6,863
13 years$15,413$13,487$11,772$10,252$8,910$5,752
14 years$14,165$12,260$10,577$9,100$7,810$4,841
15 years$13,084$11,199$9,550$8,116$6,877$4,090
16 years$12,139$10,275$8,658$7,267$6,078$3,466
17 years$11,307$9,463$7,879$6,529$5,389$2,944
18 years$10,567$8,744$7,192$5,884$4,792$2,506
19 years$9,906$8,104$6,584$5,317$4,271$2,137
20 years$9,312$7,531$6,043$4,815$3,815$1,825
21 years$8,776$7,015$5,558$4,370$3,414$1,560
22 years$8,288$6,548$5,123$3,974$3,060$1,335
23 years$7,844$6,124$4,730$3,619$2,747$1,144
24 years$7,438$5,738$4,374$3,301$2,469$981
25 years$7,064$5,385$4,052$3,014$2,222$841
26 years$6,720$5,061$3,758$2,756$2,001$722
27 years$6,402$4,763$3,489$2,523$1,804$620
28 years$6,107$4,488$3,244$2,311$1,628$533
29 years$5,833$4,234$3,019$2,120$1,470$458
30 years$5,577$3,998$2,812$1,945$1,328$394
31 years$5,339$3,780$2,621$1,787$1,201$339
32 years$5,116$3,576$2,446$1,642$1,086$291
33 years$4,907$3,387$2,284$1,510$983$251
34 years$4,711$3,210$2,134$1,389$890$216
35 years$4,526$3,045$1,995$1,279$806$186
36 years$4,352$2,890$1,866$1,178$730$160
37 years$4,187$2,745$1,747$1,085$662$137
38 years$4,032$2,608$1,636$1,000$600$118
39 years$3,885$2,480$1,532$922$544$102
40 years$3,746$2,360$1,436$851$494$88
41 years$3,614$2,246$1,347$785$448$76
42 years$3,488$2,139$1,263$724$406$65
43 years$3,369$2,038$1,185$669$369$56
44 years$3,256$1,943$1,113$617$335$48
45 years$3,147$1,853$1,045$570$304$42
46 years$3,044$1,768$981$527$276$36
47 years$2,946$1,687$922$487$251$31
48 years$2,851$1,610$866$450$228$27
49 years$2,761$1,538$814$416$207$23
50 years$2,675$1,469$766$384$188$20

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 $3,258 every year, while hoping to spend $24,234 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: 56/20/24 Blend
34$2,740,000$2,740,000$2,740,000$2,740,000
35$3,022,841$2,877,621$2,835,151$3,172,159
36$3,305,386$2,992,839$2,904,343$3,390,043
37$3,615,938$3,112,891$2,975,042$3,624,475
38$3,957,329$3,237,988$3,047,271$3,879,378
39$4,332,677$3,368,351$3,121,056$4,156,730
40$4,745,420$3,504,209$3,196,420$4,458,705
41$5,199,343$3,645,806$3,273,391$4,787,697
42$5,698,617$3,793,392$3,351,991$5,146,340
43$6,247,840$3,947,231$3,432,246$5,537,532
44$6,852,073$4,107,600$3,514,180$5,964,460
45$7,516,898$4,274,785$3,597,818$6,430,636
46$8,248,461$4,449,089$3,683,185$6,939,922
47$9,053,536$4,630,826$3,770,303$7,496,570
48$9,939,586$4,820,326$3,859,198$8,105,262
49$10,914,835$5,017,933$3,949,892$8,771,149
50$11,988,343$5,224,008$4,042,409$9,499,906
51$13,170,096$5,438,925$4,136,771$10,297,779
52$14,471,094$5,663,081$4,233,001$11,171,644
53$15,903,460$5,896,886$4,331,121$12,129,076
54$17,480,551$6,140,772$4,431,151$13,178,412
55$19,217,086$6,395,188$4,533,114$14,328,836
56$21,129,283$6,660,607$4,637,027$15,590,461
57$23,235,014$6,937,521$4,742,912$16,974,423
58$25,553,972$7,226,446$4,850,786$18,492,988
59$28,107,856$7,527,921$4,960,667$20,159,666
60$30,920,579$7,842,511$5,072,571$21,989,336
61$34,018,491$8,170,806$5,186,514$23,998,386
62$37,430,625$8,513,424$5,302,511$26,204,867
63$41,188,978$8,871,011$5,420,574$28,628,665
64$45,328,807$9,244,243$5,540,716$31,291,681
65$49,888,962$9,633,828$5,662,947$34,218,042
66$54,912,257$10,040,507$5,787,277$37,434,327
67$60,445,868$10,465,053$5,913,712$40,969,815
68$66,541,784$10,908,277$6,042,258$44,856,758
69$73,257,292$11,371,028$6,172,919$49,130,691
70$80,655,521$11,854,194$6,305,697$53,830,758
71$88,806,038$12,358,704$6,440,592$59,000,085
72$97,785,503$12,885,529$6,577,601$64,686,185
73$107,678,392$13,435,688$6,716,719$70,941,401
74$118,577,798$14,010,247$6,857,939$77,823,404
75$130,586,303$14,610,319$7,001,250$85,395,733
76$143,816,954$15,237,072$7,146,639$93,728,392
77$158,394,323$15,891,728$7,294,091$102,898,509
78$174,455,686$16,575,565$7,443,586$112,991,064
79$192,152,321$17,289,923$7,595,100$124,099,689
80$211,650,930$18,036,201$7,748,609$136,327,547
81$233,135,218$18,815,868$7,904,080$149,788,307
82$256,807,624$19,630,460$8,061,481$164,607,211
83$282,891,233$20,481,583$8,220,772$180,922,257
84$311,631,880$21,370,923$8,381,909$198,885,499
85$343,300,475$22,300,241$8,544,846$218,664,478
86$378,195,554$23,271,383$8,709,529$240,443,801
87$416,646,101$24,286,282$8,875,899$264,426,882
88$459,014,654$25,346,960$9,043,892$290,837,859
89$505,700,725$26,455,538$9,213,439$319,923,706
90$557,144,573$27,614,233$9,384,463$351,956,564
91$613,831,358$28,825,368$9,556,881$387,236,300
92$676,295,723$30,091,378$9,730,603$426,093,343
93$745,126,840$31,414,809$9,905,532$468,891,793
94$820,973,974$32,798,331$10,081,563$516,032,858
95$904,552,607$34,244,737$10,258,583$567,958,636
96$996,651,198$35,756,954$10,436,471$625,156,285
97$1,098,138,624$37,338,049$10,615,097$688,162,617
98$1,209,972,381$38,991,231$10,794,320$757,569,161
99$1,333,207,625$40,719,862$10,973,991$834,027,744
100$1,469,007,133$42,527,466$11,153,950$918,256,638