Can I retire at age 35 with 2,840,000?

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 $2,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$234,525$232,436$230,397$228,408$226,466$220,722
2 years$116,101$113,939$111,843$109,812$107,841$102,092
3 years$76,632$74,460$72,370$70,357$68,419$62,844
4 years$56,901$54,736$52,667$50,689$48,797$43,439
5 years$45,066$42,914$40,872$38,934$37,094$31,968
6 years$37,178$35,042$33,030$31,136$29,352$24,462
7 years$31,546$29,429$27,448$25,598$23,871$19,219
8 years$27,324$25,226$23,278$21,474$19,803$15,387
9 years$24,042$21,964$20,050$18,291$16,677$12,492
10 years$21,418$19,360$17,480$15,767$14,210$10,251
11 years$19,273$17,235$15,389$13,722$12,221$8,483
12 years$17,486$15,469$13,657$12,036$10,590$7,067
13 years$15,975$13,980$12,202$10,626$9,235$5,918
14 years$14,682$12,707$10,963$9,433$8,095$4,978
15 years$13,561$11,608$9,899$8,412$7,128$4,203
16 years$12,582$10,650$8,974$7,532$6,300$3,558
17 years$11,719$9,808$8,166$6,768$5,586$3,020
18 years$10,953$9,063$7,455$6,099$4,966$2,569
19 years$10,268$8,400$6,825$5,511$4,427$2,189
20 years$9,652$7,806$6,263$4,991$3,954$1,868
21 years$9,096$7,271$5,761$4,530$3,538$1,596
22 years$8,591$6,787$5,310$4,119$3,172$1,365
23 years$8,131$6,348$4,903$3,751$2,847$1,168
24 years$7,709$5,947$4,534$3,421$2,559$1,001
25 years$7,322$5,581$4,199$3,124$2,303$858
26 years$6,965$5,245$3,895$2,857$2,074$736
27 years$6,635$4,937$3,617$2,615$1,870$632
28 years$6,330$4,652$3,362$2,396$1,687$542
29 years$6,046$4,388$3,129$2,197$1,524$466
30 years$5,781$4,144$2,914$2,016$1,377$400
31 years$5,534$3,918$2,717$1,852$1,245$344
32 years$5,303$3,707$2,535$1,702$1,126$295
33 years$5,086$3,511$2,367$1,565$1,019$254
34 years$4,882$3,327$2,211$1,440$923$218
35 years$4,691$3,156$2,068$1,326$836$188
36 years$4,511$2,995$1,934$1,221$757$161
37 years$4,340$2,845$1,810$1,125$686$139
38 years$4,179$2,704$1,695$1,037$622$119
39 years$4,027$2,571$1,588$956$564$103
40 years$3,883$2,446$1,489$882$512$88
41 years$3,746$2,328$1,396$813$464$76
42 years$3,616$2,217$1,309$751$421$65
43 years$3,492$2,113$1,229$693$382$56
44 years$3,374$2,014$1,153$640$347$48
45 years$3,262$1,920$1,083$591$315$42
46 years$3,155$1,832$1,017$546$286$36
47 years$3,053$1,748$956$504$260$31
48 years$2,955$1,669$898$466$236$27
49 years$2,862$1,594$844$431$214$23
50 years$2,773$1,522$794$398$195$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,840,000, adding $2,500 every year, while hoping to spend $23,725 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: 51/33/16 Blend
34$2,840,000$2,840,000$2,840,000$2,840,000
35$3,132,259$2,981,739$2,937,719$3,278,172
36$3,426,506$3,102,601$3,010,889$3,499,529
37$3,749,971$3,228,590$3,085,716$3,737,369
38$4,105,610$3,359,932$3,162,228$3,995,424
39$4,496,677$3,496,864$3,240,458$4,275,612
40$4,926,761$3,639,633$3,320,436$4,580,039
41$5,399,813$3,788,498$3,402,194$4,911,022
42$5,920,188$3,943,728$3,485,761$5,271,106
43$6,492,683$4,105,607$3,571,170$5,663,091
44$7,122,585$4,274,430$3,658,453$6,090,056
45$7,815,718$4,450,506$3,747,640$6,555,386
46$8,578,499$4,634,159$3,838,764$7,062,804
47$9,418,000$4,825,726$3,931,856$7,616,409
48$10,342,011$5,025,562$4,026,948$8,220,706
49$11,359,117$5,234,036$4,124,072$8,880,653
50$12,478,779$5,451,535$4,223,260$9,601,706
51$13,711,418$5,678,464$4,324,544$10,389,868
52$15,068,521$5,915,247$4,427,954$11,251,747
53$16,562,741$6,162,326$4,533,522$12,194,613
54$18,208,026$6,420,164$4,641,279$13,226,469
55$20,019,739$6,689,247$4,751,257$14,356,125
56$22,014,814$6,970,082$4,863,486$15,593,277
57$24,211,908$7,263,199$4,977,995$16,948,600
58$26,631,580$7,569,153$5,094,816$18,433,847
59$29,296,486$7,888,526$5,213,977$20,061,954
60$32,231,590$8,221,926$5,335,507$21,847,170
61$35,464,400$8,569,988$5,459,435$23,805,178
62$39,025,230$8,933,379$5,585,787$25,953,252
63$42,947,484$9,312,795$5,714,591$28,310,409
64$47,267,971$9,708,966$5,845,874$30,897,596
65$52,027,252$10,122,653$5,979,659$33,737,875
66$57,270,026$10,554,657$6,115,971$36,856,650
67$63,045,546$11,005,813$6,254,834$40,281,895
68$69,408,090$11,476,996$6,396,269$44,044,422
69$76,417,467$11,969,121$6,540,297$48,178,166
70$84,139,589$12,483,148$6,686,936$52,720,505
71$92,647,085$13,020,080$6,836,206$57,712,608
72$102,019,990$13,580,967$6,988,122$63,199,825
73$112,346,504$14,166,909$7,142,699$69,232,107
74$123,723,817$14,779,057$7,299,949$75,864,479
75$136,259,032$15,418,616$7,459,883$83,157,553
76$150,070,173$16,086,849$7,622,509$91,178,100
77$165,287,301$16,785,075$7,787,834$99,999,676
78$182,053,741$17,514,679$7,955,861$109,703,311
79$200,527,432$18,277,108$8,126,592$120,378,273
80$220,882,423$19,073,878$8,300,025$132,122,903
81$243,310,510$19,906,578$8,476,156$145,045,546
82$268,023,051$20,776,870$8,654,976$159,265,563
83$295,252,960$21,686,494$8,836,476$174,914,458
84$325,256,904$22,637,274$9,020,640$192,137,110
85$358,317,726$23,631,119$9,207,449$211,093,143
86$394,747,118$24,670,027$9,396,883$231,958,421
87$434,888,559$25,756,093$9,588,913$254,926,707
88$479,120,559$26,891,509$9,783,509$280,211,485
89$527,860,235$28,078,572$9,980,635$308,047,974
90$581,567,243$29,319,686$10,180,251$338,695,334
91$640,748,122$30,617,371$10,382,309$372,439,115
92$705,961,072$31,974,264$10,586,759$409,593,943
93$777,821,228$33,393,129$10,793,541$450,506,482
94$857,006,462$34,876,861$11,002,593$495,558,702
95$944,263,784$36,428,491$11,213,844$545,171,476
96$1,040,416,398$38,051,194$11,427,215$599,808,547
97$1,146,371,466$39,748,298$11,642,622$659,980,896
98$1,263,128,677$41,523,286$11,859,971$726,251,560
99$1,391,789,685$43,379,810$12,079,163$799,240,938
100$1,533,568,504$45,321,693$12,300,087$879,632,637