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

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 $2,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$233,699$231,617$229,586$227,604$225,668$224,434
2 years$115,692$113,538$111,450$109,425$107,461$106,216
3 years$76,362$74,198$72,115$70,110$68,178$66,960
4 years$56,701$54,544$52,481$50,510$48,625$47,444
5 years$44,907$42,763$40,728$38,797$36,964$35,823
6 years$37,047$34,919$32,914$31,026$29,248$28,149
7 years$31,435$29,325$27,352$25,508$23,787$22,730
8 years$27,228$25,137$23,196$21,398$19,733$18,719
9 years$23,958$21,886$19,979$18,226$16,618$15,646
10 years$21,343$19,292$17,418$15,711$14,160$13,229
11 years$19,205$17,174$15,335$13,674$12,178$11,288
12 years$17,424$15,415$13,609$11,994$10,553$9,703
13 years$15,919$13,930$12,159$10,589$9,202$8,392
14 years$14,630$12,662$10,925$9,399$8,067$7,295
15 years$13,514$11,567$9,864$8,383$7,103$6,368
16 years$12,538$10,613$8,943$7,506$6,277$5,580
17 years$11,678$9,774$8,138$6,744$5,566$4,904
18 years$10,914$9,032$7,429$6,077$4,949$4,321
19 years$10,232$8,370$6,801$5,492$4,411$3,816
20 years$9,618$7,778$6,241$4,974$3,940$3,377
21 years$9,064$7,245$5,741$4,514$3,526$2,994
22 years$8,561$6,763$5,291$4,104$3,160$2,658
23 years$8,102$6,325$4,885$3,738$2,837$2,363
24 years$7,682$5,926$4,518$3,409$2,550$2,103
25 years$7,296$5,562$4,185$3,113$2,295$1,874
26 years$6,941$5,227$3,881$2,847$2,067$1,671
27 years$6,612$4,919$3,604$2,606$1,863$1,491
28 years$6,307$4,635$3,350$2,387$1,681$1,332
29 years$6,024$4,373$3,118$2,189$1,518$1,191
30 years$5,761$4,130$2,904$2,009$1,372$1,065
31 years$5,514$3,904$2,707$1,845$1,240$952
32 years$5,284$3,694$2,526$1,696$1,122$852
33 years$5,068$3,498$2,359$1,559$1,015$763
34 years$4,865$3,316$2,204$1,435$919$684
35 years$4,674$3,145$2,060$1,321$833$613
36 years$4,495$2,985$1,927$1,216$754$549
37 years$4,325$2,835$1,804$1,121$684$492
38 years$4,165$2,694$1,689$1,033$620$441
39 years$4,013$2,562$1,583$953$562$396
40 years$3,869$2,437$1,483$879$510$355
41 years$3,733$2,320$1,391$811$463$319
42 years$3,603$2,210$1,305$748$420$286
43 years$3,480$2,105$1,224$691$381$257
44 years$3,362$2,007$1,149$638$346$230
45 years$3,251$1,914$1,079$589$314$207
46 years$3,144$1,826$1,014$544$285$186
47 years$3,042$1,742$952$503$259$167
48 years$2,945$1,663$895$464$235$150
49 years$2,852$1,588$841$429$213$134
50 years$2,763$1,517$791$397$194$121

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 $6,591 every year, while hoping to spend $26,856 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: 86/9/5 Blend
34$2,830,000$2,830,000$2,830,000$2,830,000
35$3,125,459$2,975,469$2,931,604$3,393,827
36$3,415,681$3,092,692$3,001,238$3,686,859
37$3,734,606$3,214,759$3,072,305$4,004,392
38$4,085,132$3,341,879$3,144,824$4,352,429
39$4,470,455$3,474,271$3,218,814$4,734,019
40$4,894,093$3,612,161$3,294,296$5,152,521
41$5,359,922$3,755,789$3,371,287$5,611,631
42$5,872,216$3,905,404$3,449,807$6,115,423
43$6,435,679$4,061,266$3,529,872$6,668,382
44$7,055,497$4,223,647$3,611,502$7,275,449
45$7,737,382$4,392,831$3,694,712$7,942,067
46$8,487,631$4,569,115$3,779,520$8,674,229
47$9,313,177$4,752,809$3,865,942$9,478,539
48$10,221,663$4,944,239$3,953,993$10,362,271
49$11,221,508$5,143,742$4,043,687$11,333,437
50$12,321,991$5,351,674$4,135,040$12,400,865
51$13,533,333$5,568,406$4,228,063$13,574,277
52$14,866,799$5,794,323$4,322,769$14,864,387
53$16,334,800$6,029,833$4,419,169$16,282,995
54$17,951,012$6,275,357$4,517,274$17,843,105
55$19,730,505$6,531,339$4,617,092$19,559,038
56$21,689,884$6,798,242$4,718,632$21,446,578
57$23,847,445$7,076,549$4,821,899$23,523,111
58$26,223,352$7,366,767$4,926,900$25,807,792
59$28,839,820$7,669,425$5,033,637$28,321,727
60$31,721,330$7,985,076$5,142,113$31,088,171
61$34,894,860$8,314,299$5,252,328$34,132,744
62$38,390,136$8,657,699$5,364,281$37,483,676
63$42,239,914$9,015,911$5,477,969$41,172,070
64$46,480,290$9,389,595$5,593,385$45,232,198
65$51,151,039$9,779,445$5,710,523$49,701,820
66$56,295,992$10,186,184$5,829,373$54,622,544
67$61,963,448$10,610,572$5,949,921$60,040,216
68$68,206,630$11,053,400$6,072,154$66,005,349
69$75,084,188$11,515,499$6,196,053$72,573,606
70$82,660,753$11,997,736$6,321,599$79,806,318
71$91,007,543$12,501,019$6,448,766$87,771,067
72$100,203,041$13,026,297$6,577,528$96,542,319
73$110,333,731$13,574,565$6,707,855$106,202,131
74$121,494,916$14,146,863$6,839,712$116,840,919
75$133,791,616$14,744,278$6,973,061$128,558,315
76$147,339,562$15,367,950$7,107,860$141,464,105
77$162,266,287$16,019,069$7,244,063$155,679,263
78$178,712,328$16,698,883$7,381,619$171,337,095
79$196,832,554$17,408,696$7,520,471$188,584,495
80$216,797,627$18,149,875$7,660,560$207,583,328
81$238,795,614$18,923,848$7,801,818$228,511,961
82$263,033,762$19,732,112$7,944,174$251,566,944
83$289,740,452$20,576,232$8,087,550$276,964,863
84$319,167,358$21,457,847$8,231,863$304,944,383
85$351,591,820$22,378,673$8,377,022$335,768,505
86$387,319,463$23,340,505$8,522,929$369,727,039
87$426,687,082$24,345,223$8,669,480$407,139,345
88$470,065,820$25,394,794$8,816,564$448,357,344
89$517,864,674$26,491,280$8,964,059$493,768,838
90$570,534,354$27,636,836$9,111,838$543,801,172
91$628,571,537$28,833,719$9,259,763$598,925,264
92$692,523,556$30,084,295$9,407,689$659,660,048
93$762,993,570$31,391,036$9,555,458$726,577,374
94$840,646,253$32,756,536$9,702,904$800,307,406
95$926,214,071$34,183,506$9,849,851$881,544,562
96$1,020,504,196$35,674,787$9,996,111$971,054,075
97$1,124,406,126$37,233,354$10,141,483$1,069,679,212
98$1,238,900,085$38,862,322$10,285,756$1,178,349,232
99$1,365,066,270$40,564,952$10,428,705$1,298,088,159
100$1,504,095,054$42,344,660$10,570,092$1,430,024,443