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

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 $2,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$234,525$232,436$230,397$228,408$226,466$222,348
2 years$116,101$113,939$111,843$109,812$107,841$103,707
3 years$76,632$74,460$72,370$70,357$68,419$64,398
4 years$56,901$54,736$52,667$50,689$48,797$44,919
5 years$45,066$42,914$40,872$38,934$37,094$33,372
6 years$37,178$35,042$33,030$31,136$29,352$25,788
7 years$31,546$29,429$27,448$25,598$23,871$20,467
8 years$27,324$25,226$23,278$21,474$19,803$16,558
9 years$24,042$21,964$20,050$18,291$16,677$13,589
10 years$21,418$19,360$17,480$15,767$14,210$11,276
11 years$19,273$17,235$15,389$13,722$12,221$9,439
12 years$17,486$15,469$13,657$12,036$10,590$7,955
13 years$15,975$13,980$12,202$10,626$9,235$6,743
14 years$14,682$12,707$10,963$9,433$8,095$5,742
15 years$13,561$11,608$9,899$8,412$7,128$4,909
16 years$12,582$10,650$8,974$7,532$6,300$4,209
17 years$11,719$9,808$8,166$6,768$5,586$3,620
18 years$10,953$9,063$7,455$6,099$4,966$3,120
19 years$10,268$8,400$6,825$5,511$4,427$2,694
20 years$9,652$7,806$6,263$4,991$3,954$2,330
21 years$9,096$7,271$5,761$4,530$3,538$2,018
22 years$8,591$6,787$5,310$4,119$3,172$1,750
23 years$8,131$6,348$4,903$3,751$2,847$1,520
24 years$7,709$5,947$4,534$3,421$2,559$1,320
25 years$7,322$5,581$4,199$3,124$2,303$1,148
26 years$6,965$5,245$3,895$2,857$2,074$999
27 years$6,635$4,937$3,617$2,615$1,870$870
28 years$6,330$4,652$3,362$2,396$1,687$758
29 years$6,046$4,388$3,129$2,197$1,524$661
30 years$5,781$4,144$2,914$2,016$1,377$576
31 years$5,534$3,918$2,717$1,852$1,245$502
32 years$5,303$3,707$2,535$1,702$1,126$438
33 years$5,086$3,511$2,367$1,565$1,019$382
34 years$4,882$3,327$2,211$1,440$923$334
35 years$4,691$3,156$2,068$1,326$836$291
36 years$4,511$2,995$1,934$1,221$757$254
37 years$4,340$2,845$1,810$1,125$686$222
38 years$4,179$2,704$1,695$1,037$622$194
39 years$4,027$2,571$1,588$956$564$169
40 years$3,883$2,446$1,489$882$512$148
41 years$3,746$2,328$1,396$813$464$129
42 years$3,616$2,217$1,309$751$421$113
43 years$3,492$2,113$1,229$693$382$99
44 years$3,374$2,014$1,153$640$347$86
45 years$3,262$1,920$1,083$591$315$75
46 years$3,155$1,832$1,017$546$286$66
47 years$3,053$1,748$956$504$260$58
48 years$2,955$1,669$898$466$236$50
49 years$2,862$1,594$844$431$214$44
50 years$2,773$1,522$794$398$195$38

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 $4,628 every year, while hoping to spend $52,736 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: 22/48/30 Blend
34$2,840,000$2,840,000$2,840,000$2,840,000
35$3,134,454$2,983,934$2,939,914$3,173,640
36$3,398,057$3,074,036$2,982,290$3,299,465
37$3,686,781$3,166,785$3,024,319$3,429,295
38$4,003,131$3,262,257$3,065,932$3,567,067
39$4,349,869$3,360,525$3,107,059$3,713,467
40$4,730,034$3,461,669$3,147,624$3,869,248
41$5,146,974$3,565,768$3,187,546$4,035,237
42$5,604,379$3,672,904$3,226,742$4,212,343
43$6,106,310$3,783,161$3,265,123$4,401,567
44$6,657,242$3,896,624$3,302,593$4,604,007
45$7,262,104$4,013,382$3,339,052$4,820,870
46$7,926,325$4,133,524$3,374,397$5,053,488
47$8,655,886$4,257,143$3,408,516$5,303,321
48$9,457,377$4,384,333$3,441,291$5,571,978
49$10,338,055$4,515,191$3,472,601$5,861,231
50$11,305,918$4,649,816$3,502,313$6,173,026
51$12,369,774$4,788,310$3,530,293$6,509,509
52$13,539,328$4,930,774$3,556,395$6,873,041
53$14,825,274$5,077,317$3,580,469$7,266,219
54$16,239,392$5,228,045$3,602,355$7,691,906
55$17,794,661$5,383,071$3,621,885$8,153,252
56$19,505,382$5,542,506$3,638,883$8,653,727
57$21,387,309$5,706,467$3,653,164$9,197,151
58$23,457,803$5,875,073$3,664,533$9,787,733
59$25,735,990$6,048,443$3,672,787$10,430,106
60$28,242,945$6,226,701$3,677,709$11,129,377
61$31,001,890$6,409,973$3,679,076$11,891,169
62$34,038,408$6,598,387$3,676,651$12,721,677
63$37,380,693$6,792,076$3,670,186$13,627,723
64$41,059,808$6,991,171$3,659,421$14,616,827
65$45,109,980$7,195,810$3,644,084$15,697,271
66$49,568,925$7,406,132$3,623,887$16,878,181
67$54,478,200$7,622,278$3,598,533$18,169,609
68$59,883,599$7,844,392$3,567,707$19,582,634
69$65,835,581$8,072,621$3,531,079$21,129,461
70$72,389,745$8,307,115$3,488,306$22,823,539
71$79,607,362$8,548,026$3,439,026$24,679,686
72$87,555,941$8,795,508$3,382,862$26,714,231
73$96,309,878$9,049,718$3,319,418$28,945,167
74$105,951,147$9,310,817$3,248,281$31,392,321
75$116,570,083$9,578,966$3,169,017$34,077,540
76$128,266,226$9,854,329$3,081,174$37,024,900
77$141,149,264$10,137,074$2,984,276$40,260,930
78$155,340,068$10,427,370$2,877,828$43,814,868
79$170,971,832$10,725,388$2,761,312$47,718,929
80$188,191,328$11,031,302$2,634,186$52,008,618
81$207,160,295$11,345,287$2,495,883$56,723,059
82$228,056,961$11,667,522$2,345,810$61,905,367
83$251,077,725$11,998,184$2,183,349$67,603,058
84$276,439,014$12,337,457$2,007,853$73,868,492
85$304,379,323$12,685,521$1,818,645$80,759,372
86$335,161,464$13,042,562$1,615,020$88,339,290
87$369,075,050$13,408,764$1,396,240$96,678,325
88$406,439,227$13,784,315$1,161,535$105,853,704
89$447,605,683$14,169,401$910,101$115,950,538
90$492,961,971$14,564,210$641,098$127,062,619
91$542,935,167$14,968,932$353,650$139,293,310
92$597,995,897$15,383,753$46,841$152,756,523
93$658,662,785$15,808,863$0$167,577,792
94$725,507,341$16,244,449$0$183,985,273
95$799,159,361$16,690,699$0$202,063,451
96$880,312,872$17,147,799$0$221,965,669
97$969,732,677$17,615,933$0$243,877,435
98$1,068,261,581$18,095,285$0$268,003,167
99$1,176,828,342$18,586,034$0$294,568,123
100$1,296,456,442$19,088,358$0$323,820,522