Can I retire at age 35 with 2,800,000?

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 $2,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$231,221$229,162$227,152$225,191$223,276$221,962
2 years$114,466$112,334$110,268$108,265$106,322$104,996
3 years$75,553$73,412$71,351$69,366$67,455$66,159
4 years$56,100$53,965$51,925$49,975$48,109$46,852
5 years$44,431$42,309$40,296$38,385$36,572$35,358
6 years$36,655$34,549$32,565$30,697$28,938$27,769
7 years$31,102$29,014$27,062$25,238$23,535$22,410
8 years$26,940$24,870$22,951$21,171$19,524$18,445
9 years$23,704$21,654$19,767$18,033$16,442$15,408
10 years$21,117$19,087$17,234$15,545$14,010$13,020
11 years$19,001$16,992$15,172$13,529$12,049$11,103
12 years$17,240$15,251$13,465$11,866$10,441$9,539
13 years$15,750$13,783$12,030$10,476$9,105$8,244
14 years$14,475$12,528$10,809$9,300$7,981$7,162
15 years$13,370$11,445$9,759$8,294$7,027$6,248
16 years$12,405$10,500$8,848$7,426$6,211$5,470
17 years$11,554$9,670$8,051$6,672$5,507$4,804
18 years$10,799$8,936$7,350$6,013$4,896$4,230
19 years$10,123$8,282$6,728$5,433$4,364$3,734
20 years$9,516$7,696$6,175$4,921$3,898$3,302
21 years$8,968$7,168$5,680$4,466$3,489$2,925
22 years$8,470$6,691$5,235$4,061$3,127$2,595
23 years$8,016$6,258$4,833$3,698$2,807$2,305
24 years$7,601$5,864$4,470$3,373$2,523$2,050
25 years$7,219$5,503$4,140$3,080$2,270$1,825
26 years$6,867$5,172$3,840$2,816$2,045$1,626
27 years$6,542$4,867$3,566$2,578$1,844$1,450
28 years$6,241$4,586$3,315$2,362$1,664$1,294
29 years$5,961$4,327$3,085$2,166$1,502$1,156
30 years$5,700$4,086$2,873$1,988$1,357$1,033
31 years$5,456$3,863$2,679$1,826$1,227$923
32 years$5,228$3,655$2,499$1,678$1,110$826
33 years$5,014$3,461$2,334$1,543$1,005$739
34 years$4,814$3,280$2,180$1,420$910$661
35 years$4,625$3,111$2,038$1,307$824$592
36 years$4,447$2,953$1,907$1,204$746$530
37 years$4,279$2,805$1,785$1,109$677$475
38 years$4,120$2,666$1,671$1,022$613$425
39 years$3,970$2,535$1,566$942$556$381
40 years$3,828$2,412$1,468$869$504$342
41 years$3,693$2,296$1,376$802$458$306
42 years$3,565$2,186$1,291$740$415$275
43 years$3,443$2,083$1,211$683$377$246
44 years$3,327$1,986$1,137$631$342$221
45 years$3,216$1,893$1,068$583$311$198
46 years$3,111$1,806$1,003$538$282$178
47 years$3,010$1,724$942$497$256$159
48 years$2,914$1,646$885$459$233$143
49 years$2,822$1,571$832$425$211$128
50 years$2,734$1,501$782$392$192$115

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,800,000, adding $3,389 every year, while hoping to spend $27,582 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: 48/38/14 Blend
34$2,800,000$2,800,000$2,800,000$2,800,000
35$3,089,096$2,940,696$2,897,296$3,225,185
36$3,374,836$3,055,443$2,965,008$3,434,242
37$3,688,798$3,174,888$3,034,064$3,657,987
38$4,033,831$3,299,233$3,104,481$3,900,319
39$4,413,073$3,428,686$3,176,272$4,162,985
40$4,829,983$3,563,469$3,249,454$4,447,902
41$5,288,372$3,703,809$3,324,041$4,757,182
42$5,792,436$3,849,946$3,400,047$5,093,140
43$6,346,802$4,002,131$3,477,486$5,458,327
44$6,956,565$4,160,624$3,556,371$5,855,542
45$7,627,338$4,325,699$3,636,713$6,287,867
46$8,365,309$4,497,640$3,718,525$6,758,688
47$9,177,292$4,676,746$3,801,817$7,271,733
48$10,070,796$4,863,327$3,886,599$7,831,097
49$11,054,097$5,057,710$3,972,879$8,441,290
50$12,136,312$5,260,234$4,060,667$9,107,270
51$13,327,485$5,471,255$4,149,969$9,834,494
52$14,638,685$5,691,144$4,240,790$10,628,966
53$16,082,110$5,920,289$4,333,135$11,497,293
54$17,671,198$6,159,095$4,427,008$12,446,746
55$19,420,757$6,407,988$4,522,410$13,485,327
56$21,347,105$6,667,410$4,619,341$14,621,844
57$23,468,222$6,937,825$4,717,801$15,865,993
58$25,803,919$7,219,717$4,817,786$17,228,446
59$28,376,028$7,513,593$4,919,291$18,720,953
60$31,208,606$7,819,982$5,022,311$20,356,448
61$34,328,161$8,139,438$5,126,835$22,149,174
62$37,763,904$8,472,541$5,232,854$24,114,811
63$41,548,021$8,819,895$5,340,354$26,270,624
64$45,715,983$9,182,133$5,449,320$28,635,625
65$50,306,874$9,559,918$5,559,733$31,230,750
66$55,363,764$9,953,943$5,671,572$34,079,055
67$60,934,112$10,364,930$5,784,814$37,205,928
68$67,070,218$10,793,638$5,899,432$40,639,333
69$73,829,713$11,240,859$6,015,395$44,410,066
70$81,276,103$11,707,421$6,132,671$48,552,044
71$89,479,372$12,194,191$6,251,222$53,102,627
72$98,516,638$12,702,076$6,371,007$58,102,961
73$108,472,881$13,232,024$6,491,982$63,598,371
74$119,441,748$13,785,027$6,614,097$69,638,780
75$131,526,436$14,362,123$6,737,299$76,279,182
76$144,840,664$14,964,398$6,861,529$83,580,153
77$159,509,746$15,592,988$6,986,725$91,608,426
78$175,671,778$16,249,082$7,112,818$100,437,509
79$193,478,936$16,933,924$7,239,735$110,148,384
80$213,098,917$17,648,815$7,367,395$120,830,264
81$234,716,517$18,395,118$7,495,713$132,581,428
82$258,535,379$19,174,257$7,624,598$145,510,152
83$284,779,916$19,987,723$7,753,950$159,735,721
84$313,697,425$20,837,079$7,883,664$175,389,552
85$345,560,422$21,723,956$8,013,627$192,616,430
86$380,669,221$22,650,065$8,143,719$211,575,874
87$419,354,758$23,617,195$8,273,810$232,443,631
88$461,981,724$24,627,218$8,403,764$255,413,335
89$508,952,003$25,682,095$8,533,433$280,698,326
90$560,708,468$26,783,878$8,662,663$308,533,662
91$617,739,157$27,934,714$8,791,288$339,178,329
92$680,581,887$29,136,851$8,919,133$372,917,681
93$749,829,326$30,392,643$9,046,010$410,066,127
94$826,134,588$31,704,554$9,171,722$450,970,093
95$910,217,402$33,075,162$9,296,060$496,011,284
96$1,002,870,900$34,507,168$9,418,802$545,610,281
97$1,104,969,112$36,003,399$9,539,711$600,230,503
98$1,217,475,211$37,566,816$9,658,541$660,382,574
99$1,341,450,608$39,200,515$9,775,028$726,629,137
100$1,478,064,973$40,907,744$9,888,895$799,590,154