Can I retire at age 35 with 2,870,000?

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 $2,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$237,002$234,891$232,831$230,821$228,858$219,864
2 years$117,328$115,143$113,025$110,972$108,980$100,029
3 years$77,441$75,247$73,135$71,101$69,141$60,515
4 years$57,502$55,314$53,223$51,224$49,312$41,076
5 years$45,542$43,367$41,303$39,345$37,486$29,662
6 years$37,571$35,413$33,379$31,464$29,662$22,253
7 years$31,880$29,739$27,738$25,869$24,123$17,128
8 years$27,613$25,492$23,524$21,701$20,012$13,424
9 years$24,296$22,196$20,261$18,484$16,853$10,662
10 years$21,645$19,564$17,664$15,933$14,360$8,554
11 years$19,476$17,417$15,551$13,867$12,350$6,916
12 years$17,671$15,632$13,802$12,163$10,702$5,625
13 years$16,144$14,127$12,331$10,738$9,332$4,597
14 years$14,837$12,841$11,079$9,532$8,181$3,771
15 years$13,705$11,731$10,003$8,501$7,203$3,104
16 years$12,715$10,763$9,069$7,612$6,366$2,561
17 years$11,843$9,912$8,253$6,839$5,645$2,117
18 years$11,068$9,159$7,534$6,163$5,019$1,753
19 years$10,376$8,489$6,897$5,569$4,473$1,453
20 years$9,754$7,888$6,329$5,044$3,996$1,207
21 years$9,192$7,347$5,822$4,578$3,576$1,003
22 years$8,682$6,859$5,366$4,162$3,205$834
23 years$8,216$6,415$4,954$3,791$2,877$694
24 years$7,791$6,010$4,582$3,457$2,586$578
25 years$7,399$5,640$4,244$3,157$2,327$481
26 years$7,039$5,301$3,936$2,887$2,096$401
27 years$6,706$4,989$3,655$2,642$1,890$334
28 years$6,397$4,701$3,398$2,421$1,705$278
29 years$6,110$4,435$3,162$2,220$1,540$232
30 years$5,842$4,188$2,945$2,038$1,391$194
31 years$5,592$3,959$2,746$1,871$1,258$162
32 years$5,359$3,746$2,562$1,720$1,138$135
33 years$5,140$3,548$2,392$1,581$1,030$112
34 years$4,934$3,362$2,235$1,455$932$94
35 years$4,741$3,189$2,089$1,340$844$78
36 years$4,558$3,027$1,955$1,234$765$65
37 years$4,386$2,875$1,829$1,137$693$55
38 years$4,224$2,732$1,713$1,048$629$45
39 years$4,070$2,598$1,605$966$570$38
40 years$3,924$2,472$1,504$891$517$32
41 years$3,785$2,353$1,411$822$469$26
42 years$3,654$2,241$1,323$759$426$22
43 years$3,529$2,135$1,242$700$386$18
44 years$3,410$2,035$1,166$647$351$15
45 years$3,297$1,941$1,094$597$318$13
46 years$3,188$1,851$1,028$552$289$11
47 years$3,085$1,767$966$510$262$9
48 years$2,987$1,687$907$471$238$7
49 years$2,892$1,611$853$435$216$6
50 years$2,802$1,539$802$402$197$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,870,000, adding $6,997 every year, while hoping to spend $24,045 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: 37/39/24 Blend
34$2,870,000$2,870,000$2,870,000$2,870,000
35$3,169,957$3,017,847$2,973,362$3,264,194
36$3,467,709$3,140,138$3,047,386$3,456,120
37$3,795,026$3,267,615$3,123,084$3,660,560
38$4,154,898$3,400,508$3,200,487$3,880,915
39$4,550,619$3,539,054$3,279,625$4,118,632
40$4,985,820$3,683,505$3,360,529$4,375,302
41$5,464,498$3,834,122$3,443,232$4,652,670
42$5,991,061$3,991,178$3,527,764$4,952,652
43$6,570,362$4,154,958$3,614,157$5,277,353
44$7,207,751$4,325,763$3,702,443$5,629,083
45$7,909,120$4,503,905$3,792,654$6,010,382
46$8,680,964$4,689,710$3,884,822$6,424,039
47$9,530,437$4,883,520$3,978,978$6,873,118
48$10,465,423$5,085,694$4,075,155$7,360,990
49$11,494,608$5,296,605$4,173,385$7,891,356
50$12,627,564$5,516,644$4,273,699$8,468,288
51$13,874,838$5,746,222$4,376,130$9,096,262
52$15,248,050$5,985,765$4,480,709$9,780,198
53$16,760,006$6,235,722$4,587,467$10,525,509
54$18,424,816$6,496,562$4,696,437$11,338,148
55$20,258,028$6,768,775$4,807,649$12,224,664
56$22,276,775$7,052,873$4,921,133$13,192,258
57$24,499,936$7,349,394$5,036,921$14,248,857
58$26,948,314$7,658,899$5,155,042$15,403,179
59$29,644,832$7,981,974$5,275,526$16,664,819
60$32,614,750$8,319,236$5,398,401$18,044,335
61$35,885,903$8,671,328$5,523,696$19,553,347
62$39,488,964$9,038,921$5,651,439$21,204,645
63$43,457,732$9,422,723$5,781,656$23,012,303
64$47,829,453$9,823,468$5,914,373$24,991,817
65$52,645,169$10,241,929$6,049,616$27,160,244
66$57,950,106$10,678,914$6,187,409$29,536,361
67$63,794,104$11,135,268$6,327,775$32,140,841
68$70,232,082$11,611,876$6,470,734$34,996,444
69$77,324,560$12,109,663$6,616,309$38,128,230
70$85,138,228$12,629,599$6,764,518$41,563,793
71$93,746,576$13,172,699$6,915,379$45,333,518
72$103,230,590$13,740,024$7,068,907$49,470,864
73$113,679,513$14,332,688$7,225,118$54,012,678
74$125,191,686$14,951,852$7,384,022$58,999,538
75$137,875,482$15,598,737$7,545,631$64,476,132
76$151,850,324$16,274,618$7,709,953$70,491,677
77$167,247,814$16,980,831$7,876,993$77,100,381
78$184,212,973$17,718,774$8,046,754$84,361,950
79$202,905,614$18,489,912$8,219,238$92,342,142
80$223,501,846$19,295,777$8,394,442$101,113,394
81$246,195,740$20,137,975$8,572,361$110,755,489
82$271,201,157$21,018,188$8,752,987$121,356,315
83$298,753,770$21,938,174$8,936,307$133,012,682
84$329,113,287$22,899,777$9,122,306$145,831,233
85$362,565,904$23,904,929$9,310,965$159,929,447
86$399,427,005$24,955,648$9,502,261$175,436,740
87$440,044,139$26,054,054$9,696,166$192,495,682
88$484,800,300$27,202,362$9,892,647$211,263,333
89$534,117,548$28,402,895$10,091,668$231,912,725
90$588,460,985$29,658,084$10,293,185$254,634,483
91$648,343,150$30,970,475$10,497,152$279,638,621
92$714,328,860$32,342,737$10,703,515$307,156,515
93$787,040,536$33,777,663$10,912,215$337,443,078
94$867,164,081$35,278,179$11,123,185$370,779,165
95$955,455,359$36,847,352$11,336,353$407,474,204
96$1,052,747,324$38,488,390$11,551,640$447,869,121
97$1,159,957,888$40,204,659$11,768,957$492,339,539
98$1,278,098,586$41,999,680$11,988,210$541,299,318
99$1,408,284,122$43,877,144$12,209,295$595,204,454
100$1,551,742,896$45,840,918$12,432,100$654,557,368