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%15.9%
1 years$233,699$231,617$229,586$227,604$225,668$220,213
2 years$115,692$113,538$111,450$109,425$107,461$101,998
3 years$76,362$74,198$72,115$70,110$68,178$62,877
4 years$56,701$54,544$52,481$50,510$48,625$43,528
5 years$44,907$42,763$40,728$38,797$36,964$32,084
6 years$37,047$34,919$32,914$31,026$29,248$24,591
7 years$31,435$29,325$27,352$25,508$23,787$19,353
8 years$27,228$25,137$23,196$21,398$19,733$15,521
9 years$23,958$21,886$19,979$18,226$16,618$12,624
10 years$21,343$19,292$17,418$15,711$14,160$10,379
11 years$19,205$17,174$15,335$13,674$12,178$8,605
12 years$17,424$15,415$13,609$11,994$10,553$7,182
13 years$15,919$13,930$12,159$10,589$9,202$6,027
14 years$14,630$12,662$10,925$9,399$8,067$5,081
15 years$13,514$11,567$9,864$8,383$7,103$4,298
16 years$12,538$10,613$8,943$7,506$6,277$3,647
17 years$11,678$9,774$8,138$6,744$5,566$3,102
18 years$10,914$9,032$7,429$6,077$4,949$2,645
19 years$10,232$8,370$6,801$5,492$4,411$2,258
20 years$9,618$7,778$6,241$4,974$3,940$1,931
21 years$9,064$7,245$5,741$4,514$3,526$1,654
22 years$8,561$6,763$5,291$4,104$3,160$1,418
23 years$8,102$6,325$4,885$3,738$2,837$1,217
24 years$7,682$5,926$4,518$3,409$2,550$1,045
25 years$7,296$5,562$4,185$3,113$2,295$898
26 years$6,941$5,227$3,881$2,847$2,067$772
27 years$6,612$4,919$3,604$2,606$1,863$664
28 years$6,307$4,635$3,350$2,387$1,681$571
29 years$6,024$4,373$3,118$2,189$1,518$492
30 years$5,761$4,130$2,904$2,009$1,372$424
31 years$5,514$3,904$2,707$1,845$1,240$365
32 years$5,284$3,694$2,526$1,696$1,122$314
33 years$5,068$3,498$2,359$1,559$1,015$271
34 years$4,865$3,316$2,204$1,435$919$234
35 years$4,674$3,145$2,060$1,321$833$201
36 years$4,495$2,985$1,927$1,216$754$174
37 years$4,325$2,835$1,804$1,121$684$150
38 years$4,165$2,694$1,689$1,033$620$129
39 years$4,013$2,562$1,583$953$562$111
40 years$3,869$2,437$1,483$879$510$96
41 years$3,733$2,320$1,391$811$463$83
42 years$3,603$2,210$1,305$748$420$71
43 years$3,480$2,105$1,224$691$381$62
44 years$3,362$2,007$1,149$638$346$53
45 years$3,251$1,914$1,079$589$314$46
46 years$3,144$1,826$1,014$544$285$40
47 years$3,042$1,742$952$503$259$34
48 years$2,945$1,663$895$464$235$29
49 years$2,852$1,588$841$429$213$25
50 years$2,763$1,517$791$397$194$22

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 $2,240 every year, while hoping to spend $22,937 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: 25/50/25 Blend
34$2,830,000$2,830,000$2,830,000$2,830,000
35$3,120,971$2,970,981$2,927,116$3,174,265
36$3,414,905$3,092,154$3,000,769$3,339,389
37$3,738,052$3,218,496$3,076,121$3,514,197
38$4,093,366$3,350,236$3,153,205$3,701,146
39$4,484,105$3,487,613$3,232,053$3,901,269
40$4,913,856$3,630,878$3,312,698$4,115,694
41$5,386,571$3,780,292$3,395,175$4,345,655
42$5,906,605$3,936,130$3,479,518$4,592,506
43$6,478,756$4,098,679$3,565,759$4,857,727
44$7,108,312$4,268,236$3,653,935$5,142,941
45$7,801,097$4,445,118$3,744,079$5,449,926
46$8,563,530$4,629,650$3,836,227$5,780,632
47$9,402,684$4,822,175$3,930,414$6,137,195
48$10,326,349$5,023,054$4,026,674$6,521,960
49$11,343,113$5,232,659$4,125,044$6,937,498
50$12,462,436$5,451,386$4,225,559$7,386,631
51$13,694,743$5,679,642$4,328,254$7,872,455
52$15,051,522$5,917,860$4,433,166$8,398,371
53$16,545,430$6,166,487$4,540,329$8,968,110
54$18,190,413$6,425,995$4,649,780$9,585,770
55$20,001,842$6,696,875$4,761,554$10,255,853
56$21,996,650$6,979,642$4,875,686$10,983,304
57$24,193,500$7,274,836$4,992,213$11,773,556
58$26,612,953$7,583,019$5,111,168$12,632,579
59$29,277,670$7,904,783$5,232,588$13,566,934
60$32,212,619$8,240,744$5,356,507$14,583,833
61$35,445,315$8,591,549$5,482,958$15,691,204
62$39,006,076$8,957,874$5,611,976$16,897,764
63$42,928,313$9,340,428$5,743,595$18,213,097
64$47,248,843$9,739,950$5,877,847$19,647,744
65$52,008,234$10,157,217$6,014,764$21,213,296
66$57,251,194$10,593,040$6,154,379$22,922,503
67$63,026,986$11,048,270$6,296,721$24,789,394
68$69,389,899$11,523,795$6,441,821$26,829,396
69$76,399,754$12,020,547$6,589,708$29,059,489
70$84,122,476$12,539,500$6,740,410$31,498,353
71$92,630,708$13,081,676$6,893,953$34,166,542
72$102,004,504$13,648,142$7,050,365$37,086,680
73$112,332,080$14,240,016$7,209,668$40,283,663
74$123,710,646$14,858,471$7,371,886$43,784,892
75$136,247,328$15,504,732$7,537,040$47,620,529
76$150,060,174$16,180,083$7,705,150$51,823,775
77$165,279,273$16,885,868$7,876,233$56,431,180
78$182,047,978$17,623,495$8,050,306$61,482,980
79$200,524,263$18,394,438$8,227,383$67,023,473
80$220,882,212$19,200,239$8,407,474$73,101,432
81$243,313,662$20,042,516$8,590,590$79,770,559
82$268,030,017$20,922,960$8,776,735$87,089,985
83$295,264,238$21,843,345$8,965,916$95,124,821
84$325,273,048$22,805,526$9,158,131$103,946,768
85$358,339,349$23,811,447$9,353,379$113,634,786
86$394,774,900$24,863,145$9,551,654$124,275,830
87$434,923,252$25,962,751$9,752,946$135,965,665
88$479,162,997$27,112,500$9,957,244$148,809,761
89$527,911,340$28,314,729$10,164,528$162,924,281
90$581,628,035$29,571,890$10,374,779$178,437,168
91$640,819,731$30,886,549$10,587,970$195,489,341
92$706,044,747$32,261,393$10,804,071$214,236,021
93$777,918,349$33,699,239$11,023,045$234,848,181
94$857,118,555$35,203,037$11,244,852$257,514,152
95$944,392,537$36,775,875$11,469,443$282,441,387
96$1,040,563,674$38,420,990$11,696,768$309,858,413
97$1,146,539,324$40,141,774$11,926,765$340,016,970
98$1,263,319,392$41,941,778$12,159,369$373,194,378
99$1,392,005,769$43,824,724$12,394,506$409,696,140
100$1,533,812,731$45,794,510$12,632,096$449,858,815