Can I retire at age 35 with 2,830,000?

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 $2,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$233,699$231,617$229,586$227,604$225,668$221,838
2 years$115,692$113,538$111,450$109,425$107,461$103,614
3 years$76,362$74,198$72,115$70,110$68,178$64,434
4 years$56,701$54,544$52,481$50,510$48,625$45,013
5 years$44,907$42,763$40,728$38,797$36,964$33,494
6 years$37,047$34,919$32,914$31,026$29,248$25,924
7 years$31,435$29,325$27,352$25,508$23,787$20,610
8 years$27,228$25,137$23,196$21,398$19,733$16,703
9 years$23,958$21,886$19,979$18,226$16,618$13,733
10 years$21,343$19,292$17,418$15,711$14,160$11,416
11 years$19,205$17,174$15,335$13,674$12,178$9,574
12 years$17,424$15,415$13,609$11,994$10,553$8,085
13 years$15,919$13,930$12,159$10,589$9,202$6,866
14 years$14,630$12,662$10,925$9,399$8,067$5,859
15 years$13,514$11,567$9,864$8,383$7,103$5,019
16 years$12,538$10,613$8,943$7,506$6,277$4,313
17 years$11,678$9,774$8,138$6,744$5,566$3,717
18 years$10,914$9,032$7,429$6,077$4,949$3,210
19 years$10,232$8,370$6,801$5,492$4,411$2,778
20 years$9,618$7,778$6,241$4,974$3,940$2,409
21 years$9,064$7,245$5,741$4,514$3,526$2,091
22 years$8,561$6,763$5,291$4,104$3,160$1,818
23 years$8,102$6,325$4,885$3,738$2,837$1,582
24 years$7,682$5,926$4,518$3,409$2,550$1,378
25 years$7,296$5,562$4,185$3,113$2,295$1,201
26 years$6,941$5,227$3,881$2,847$2,067$1,047
27 years$6,612$4,919$3,604$2,606$1,863$914
28 years$6,307$4,635$3,350$2,387$1,681$798
29 years$6,024$4,373$3,118$2,189$1,518$698
30 years$5,761$4,130$2,904$2,009$1,372$610
31 years$5,514$3,904$2,707$1,845$1,240$533
32 years$5,284$3,694$2,526$1,696$1,122$466
33 years$5,068$3,498$2,359$1,559$1,015$408
34 years$4,865$3,316$2,204$1,435$919$357
35 years$4,674$3,145$2,060$1,321$833$312
36 years$4,495$2,985$1,927$1,216$754$273
37 years$4,325$2,835$1,804$1,121$684$239
38 years$4,165$2,694$1,689$1,033$620$210
39 years$4,013$2,562$1,583$953$562$184
40 years$3,869$2,437$1,483$879$510$161
41 years$3,733$2,320$1,391$811$463$141
42 years$3,603$2,210$1,305$748$420$123
43 years$3,480$2,105$1,224$691$381$108
44 years$3,362$2,007$1,149$638$346$95
45 years$3,251$1,914$1,079$589$314$83
46 years$3,144$1,826$1,014$544$285$73
47 years$3,042$1,742$952$503$259$64
48 years$2,945$1,663$895$464$235$56
49 years$2,852$1,588$841$429$213$49
50 years$2,763$1,517$791$397$194$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,830,000, adding $2,106 every year, while hoping to spend $59,939 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: 59/22/19 Blend
34$2,830,000$2,830,000$2,830,000$2,830,000
35$3,120,832$2,970,842$2,926,977$3,289,302
36$3,375,383$3,052,639$2,961,256$3,485,513
37$3,653,888$3,136,435$2,994,675$3,692,647
38$3,958,729$3,222,264$3,027,141$3,917,192
39$4,292,526$3,310,162$3,058,557$4,160,840
40$4,658,166$3,400,162$3,088,821$4,425,455
41$5,058,827$3,492,298$3,117,824$4,713,090
42$5,498,009$3,586,602$3,145,453$5,026,008
43$5,979,568$3,683,108$3,171,588$5,366,699
44$6,507,750$3,781,847$3,196,102$5,737,906
45$7,087,232$3,882,849$3,218,863$6,142,652
46$7,723,166$3,986,144$3,239,731$6,584,264
47$8,421,225$4,091,762$3,258,558$7,066,412
48$9,187,661$4,199,729$3,275,191$7,593,134
49$10,029,358$4,310,072$3,289,466$8,168,883
50$10,953,902$4,422,815$3,301,213$8,798,561
51$11,969,649$4,537,981$3,310,252$9,487,572
52$13,085,803$4,655,592$3,316,395$10,241,868
53$14,312,505$4,775,666$3,319,444$11,068,010
54$15,660,927$4,898,220$3,319,192$11,973,224
55$17,143,377$5,023,268$3,315,420$12,965,473
56$18,773,415$5,150,823$3,307,901$14,053,532
57$20,565,982$5,280,892$3,296,395$15,247,070
58$22,537,538$5,413,481$3,280,650$16,556,741
59$24,706,218$5,548,593$3,260,402$17,994,286
60$27,092,004$5,686,225$3,235,377$19,572,642
61$29,716,911$5,826,373$3,205,285$21,306,065
62$32,605,197$5,969,026$3,169,823$23,210,266
63$35,783,588$6,114,169$3,128,673$25,302,556
64$39,281,534$6,261,783$3,081,504$27,602,013
65$43,131,483$6,411,843$3,027,967$30,129,662
66$47,369,189$6,564,318$2,967,698$32,908,668
67$52,034,047$6,719,171$2,900,317$35,964,565
68$57,169,466$6,876,356$2,825,424$39,325,487
69$62,823,278$7,035,825$2,742,602$43,022,441
70$69,048,189$7,197,517$2,651,416$47,089,595
71$75,902,274$7,361,365$2,551,408$51,564,605
72$83,449,528$7,527,294$2,442,102$56,488,968
73$91,760,466$7,695,217$2,322,999$61,908,414
74$100,912,792$7,865,040$2,193,577$67,873,340
75$110,992,126$8,036,657$2,053,291$74,439,284
76$122,092,818$8,209,949$1,901,572$81,667,453
77$134,318,835$8,384,786$1,737,824$89,625,297
78$147,784,741$8,561,025$1,561,427$98,387,148
79$162,616,780$8,738,510$1,371,729$108,034,924
80$178,954,063$8,917,069$1,168,053$118,658,901
81$196,949,885$9,096,513$949,691$130,358,567
82$216,773,171$9,276,640$715,903$143,243,559
83$238,610,065$9,457,226$465,917$157,434,705
84$262,665,692$9,638,030$198,926$173,065,159
85$289,166,092$9,818,793$0$190,281,661
86$318,360,350$9,999,230$0$209,263,361
87$350,522,950$10,179,037$0$230,215,209
88$385,956,366$10,357,885$0$253,293,419
89$424,993,913$10,535,419$0$278,714,623
90$468,002,895$10,711,257$0$306,717,545
91$515,388,070$10,884,989$0$337,565,256
92$567,595,472$11,056,173$0$371,547,654
93$625,116,622$11,224,336$0$408,984,205
94$688,493,160$11,388,971$0$450,226,956
95$758,321,966$11,549,535$0$495,663,860
96$835,260,790$11,705,445$0$545,722,434
97$920,034,458$11,856,079$0$600,873,804
98$1,013,441,717$12,000,772$0$661,637,142
99$1,116,362,776$12,138,813$0$728,584,577
100$1,229,767,607$12,269,443$0$802,346,590