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%19.9%
1 years$234,525$232,436$230,397$228,408$226,466$217,480
2 years$116,101$113,939$111,843$109,812$107,841$98,900
3 years$76,632$74,460$72,370$70,357$68,419$59,803
4 years$56,901$54,736$52,667$50,689$48,797$40,573
5 years$45,066$42,914$40,872$38,934$37,094$29,282
6 years$37,178$35,042$33,030$31,136$29,352$21,957
7 years$31,546$29,429$27,448$25,598$23,871$16,890
8 years$27,324$25,226$23,278$21,474$19,803$13,230
9 years$24,042$21,964$20,050$18,291$16,677$10,501
10 years$21,418$19,360$17,480$15,767$14,210$8,419
11 years$19,273$17,235$15,389$13,722$12,221$6,802
12 years$17,486$15,469$13,657$12,036$10,590$5,529
13 years$15,975$13,980$12,202$10,626$9,235$4,516
14 years$14,682$12,707$10,963$9,433$8,095$3,702
15 years$13,561$11,608$9,899$8,412$7,128$3,044
16 years$12,582$10,650$8,974$7,532$6,300$2,510
17 years$11,719$9,808$8,166$6,768$5,586$2,073
18 years$10,953$9,063$7,455$6,099$4,966$1,716
19 years$10,268$8,400$6,825$5,511$4,427$1,421
20 years$9,652$7,806$6,263$4,991$3,954$1,179
21 years$9,096$7,271$5,761$4,530$3,538$979
22 years$8,591$6,787$5,310$4,119$3,172$813
23 years$8,131$6,348$4,903$3,751$2,847$676
24 years$7,709$5,947$4,534$3,421$2,559$563
25 years$7,322$5,581$4,199$3,124$2,303$468
26 years$6,965$5,245$3,895$2,857$2,074$390
27 years$6,635$4,937$3,617$2,615$1,870$325
28 years$6,330$4,652$3,362$2,396$1,687$270
29 years$6,046$4,388$3,129$2,197$1,524$225
30 years$5,781$4,144$2,914$2,016$1,377$188
31 years$5,534$3,918$2,717$1,852$1,245$156
32 years$5,303$3,707$2,535$1,702$1,126$130
33 years$5,086$3,511$2,367$1,565$1,019$109
34 years$4,882$3,327$2,211$1,440$923$91
35 years$4,691$3,156$2,068$1,326$836$76
36 years$4,511$2,995$1,934$1,221$757$63
37 years$4,340$2,845$1,810$1,125$686$53
38 years$4,179$2,704$1,695$1,037$622$44
39 years$4,027$2,571$1,588$956$564$37
40 years$3,883$2,446$1,489$882$512$30
41 years$3,746$2,328$1,396$813$464$25
42 years$3,616$2,217$1,309$751$421$21
43 years$3,492$2,113$1,229$693$382$18
44 years$3,374$2,014$1,153$640$347$15
45 years$3,262$1,920$1,083$591$315$12
46 years$3,155$1,832$1,017$546$286$10
47 years$3,053$1,748$956$504$260$9
48 years$2,955$1,669$898$466$236$7
49 years$2,862$1,594$844$431$214$6
50 years$2,773$1,522$794$398$195$5

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 $6,790 every year, while hoping to spend $58,558 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: 59/30/11 Blend
34$2,840,000$2,840,000$2,840,000$2,840,000
35$3,136,684$2,986,164$2,942,144$3,313,082
36$3,394,320$3,070,181$2,978,400$3,516,600
37$3,676,273$3,156,352$3,013,909$3,731,229
38$3,984,961$3,244,721$3,048,583$3,963,842
39$4,323,046$3,335,331$3,082,330$4,216,174
40$4,693,462$3,428,228$3,115,053$4,490,135
41$5,099,439$3,523,455$3,146,651$4,787,828
42$5,544,534$3,621,056$3,177,016$5,111,567
43$6,032,664$3,721,076$3,206,034$5,463,900
44$6,568,145$3,823,558$3,233,585$5,847,634
45$7,155,730$3,928,546$3,259,544$6,265,858
46$7,800,654$4,036,084$3,283,778$6,721,976
47$8,508,684$4,146,216$3,306,148$7,219,735
48$9,286,172$4,258,983$3,326,507$7,763,262
49$10,140,117$4,374,428$3,344,700$8,357,102
50$11,078,227$4,492,593$3,360,565$9,006,263
51$12,108,995$4,613,518$3,373,933$9,716,260
52$13,241,775$4,737,244$3,384,622$10,493,169
53$14,486,876$4,863,808$3,392,447$11,343,681
54$15,855,651$4,993,249$3,397,208$12,275,169
55$17,360,612$5,125,603$3,398,699$13,295,755
56$19,015,541$5,260,904$3,396,702$14,414,387
57$20,835,623$5,399,185$3,390,988$15,640,922
58$22,837,589$5,540,478$3,381,319$16,986,222
59$25,039,873$5,684,811$3,367,443$18,462,252
60$27,462,785$5,832,212$3,349,097$20,082,197
61$30,128,702$5,982,703$3,326,005$21,860,582
62$33,062,282$6,136,307$3,297,878$23,813,413
63$36,290,690$6,293,042$3,264,413$25,958,325
64$39,843,862$6,452,923$3,225,292$28,314,750
65$43,754,781$6,615,961$3,180,184$30,904,098
66$48,059,788$6,782,163$3,128,740$33,749,962
67$52,798,931$6,951,533$3,070,597$36,878,339
68$58,016,332$7,124,068$3,005,372$40,317,875
69$63,760,614$7,299,763$2,932,668$44,100,134
70$70,085,351$7,478,606$2,852,067$48,259,899
71$77,049,577$7,660,578$2,763,132$52,835,498
72$84,718,344$7,845,656$2,665,406$57,869,168
73$93,163,330$8,033,809$2,558,413$63,407,448
74$102,463,522$8,224,998$2,441,652$69,501,626
75$112,705,956$8,419,177$2,314,602$76,208,217
76$123,986,540$8,616,293$2,176,717$83,589,501
77$136,410,957$8,816,282$2,027,427$91,714,106
78$150,095,665$9,019,070$1,866,137$100,657,660
79$165,168,993$9,224,575$1,692,223$110,503,505
80$181,772,354$9,432,702$1,505,035$121,343,480
81$200,061,574$9,643,345$1,303,895$133,278,792
82$220,208,372$9,856,386$1,088,092$146,420,970
83$242,401,969$10,071,692$856,886$160,892,917
84$266,850,881$10,289,117$609,503$176,830,073
85$293,784,886$10,508,498$345,137$194,381,693
86$323,457,189$10,729,659$62,943$213,712,253
87$356,146,813$10,952,403$0$235,003,010
88$392,161,234$11,176,517$0$258,481,664
89$431,839,281$11,401,768$0$284,350,077
90$475,554,333$11,627,899$0$312,843,537
91$523,717,844$11,854,636$0$344,229,475
92$576,783,229$12,081,678$0$378,802,597
93$635,250,137$12,308,698$0$416,887,663
94$699,669,172$12,535,346$0$458,842,554
95$770,647,090$12,761,240$0$505,061,649
96$848,852,523$12,985,971$0$555,979,550
97$935,022,292$13,209,095$0$612,075,185
98$1,029,968,362$13,430,137$0$673,876,326
99$1,134,585,506$13,648,585$0$741,964,574
100$1,249,859,751$13,863,888$0$816,980,852