Can I retire at age 35 with 2,880,000?

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 $2,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$237,828$235,709$233,642$231,625$229,655$228,017
2 years$117,736$115,544$113,419$111,358$109,360$107,708
3 years$77,711$75,509$73,389$71,348$69,382$67,768
4 years$57,703$55,507$53,409$51,402$49,484$47,919
5 years$45,701$43,518$41,447$39,482$37,617$36,107
6 years$37,702$35,536$33,496$31,574$29,765$28,311
7 years$31,991$29,843$27,835$25,959$24,207$22,810
8 years$27,709$25,581$23,606$21,776$20,082$18,742
9 years$24,381$22,273$20,332$18,548$16,912$15,629
10 years$21,720$19,632$17,726$15,989$14,410$13,183
11 years$19,544$17,478$15,606$13,915$12,393$11,221
12 years$17,732$15,687$13,850$12,205$10,739$9,622
13 years$16,200$14,176$12,374$10,776$9,365$8,301
14 years$14,888$12,886$11,118$9,565$8,209$7,197
15 years$13,752$11,772$10,038$8,531$7,228$6,266
16 years$12,759$10,800$9,101$7,638$6,388$5,475
17 years$11,884$9,947$8,281$6,863$5,664$4,798
18 years$11,107$9,191$7,560$6,185$5,036$4,216
19 years$10,413$8,518$6,921$5,589$4,489$3,713
20 years$9,788$7,916$6,351$5,062$4,010$3,276
21 years$9,224$7,373$5,842$4,594$3,588$2,896
22 years$8,712$6,882$5,384$4,177$3,216$2,563
23 years$8,245$6,437$4,972$3,804$2,887$2,272
24 years$7,818$6,031$4,598$3,469$2,595$2,016
25 years$7,425$5,660$4,259$3,168$2,335$1,791
26 years$7,063$5,319$3,950$2,897$2,103$1,592
27 years$6,729$5,006$3,668$2,652$1,896$1,416
28 years$6,419$4,717$3,409$2,429$1,711$1,261
29 years$6,131$4,450$3,173$2,228$1,545$1,123
30 years$5,862$4,203$2,955$2,045$1,396$1,001
31 years$5,612$3,973$2,755$1,878$1,262$893
32 years$5,377$3,759$2,571$1,726$1,142$797
33 years$5,158$3,560$2,400$1,587$1,033$711
34 years$4,951$3,374$2,243$1,460$936$635
35 years$4,757$3,200$2,097$1,344$847$567
36 years$4,574$3,038$1,961$1,238$768$506
37 years$4,401$2,885$1,836$1,141$696$452
38 years$4,238$2,742$1,719$1,051$631$404
39 years$4,084$2,607$1,611$969$572$361
40 years$3,937$2,480$1,510$894$519$323
41 years$3,799$2,361$1,416$825$471$289
42 years$3,667$2,249$1,328$761$427$258
43 years$3,541$2,143$1,246$703$388$231
44 years$3,422$2,042$1,170$649$352$207
45 years$3,308$1,948$1,098$599$319$185
46 years$3,200$1,858$1,031$554$290$165
47 years$3,096$1,773$969$511$263$148
48 years$2,997$1,693$911$473$239$132
49 years$2,902$1,616$856$437$217$118
50 years$2,812$1,544$805$404$197$106

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,880,000, adding $2,192 every year, while hoping to spend $56,609 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: 64/13/23 Blend
34$2,880,000$2,880,000$2,880,000$2,880,000
35$3,176,021$3,023,381$2,978,741$3,360,165
36$3,439,744$3,111,295$3,018,297$3,572,514
37$3,728,469$3,201,620$3,057,281$3,797,881
38$4,044,687$3,294,413$3,095,615$4,042,824
39$4,391,140$3,389,735$3,133,213$4,309,268
40$4,770,849$3,487,645$3,169,989$4,599,328
41$5,187,141$3,588,205$3,205,849$4,915,338
42$5,643,679$3,691,477$3,240,694$5,259,867
43$6,144,499$3,797,523$3,274,422$5,635,746
44$6,694,045$3,906,409$3,306,922$6,046,091
45$7,297,213$4,018,198$3,338,079$6,494,337
46$7,959,396$4,132,957$3,367,772$6,984,268
47$8,686,534$4,250,752$3,395,873$7,520,053
48$9,485,172$4,371,651$3,422,246$8,106,284
49$10,362,519$4,495,720$3,446,750$8,748,021
50$11,326,515$4,623,030$3,469,235$9,450,840
51$12,385,910$4,753,649$3,489,545$10,220,882
52$13,550,341$4,887,647$3,507,514$11,064,917
53$14,830,429$5,025,094$3,522,968$11,990,402
54$16,237,871$5,166,062$3,535,726$13,005,555
55$17,785,557$5,310,622$3,545,595$14,119,429
56$19,487,686$5,458,845$3,552,375$15,342,003
57$21,359,905$5,610,802$3,555,854$16,684,270
58$23,419,450$5,766,567$3,555,811$18,158,347
59$25,685,316$5,926,211$3,552,012$19,777,582
60$28,178,428$6,089,805$3,544,215$21,556,687
61$30,921,844$6,257,421$3,532,162$23,511,873
62$33,940,968$6,429,131$3,515,585$25,661,004
63$37,263,793$6,605,006$3,494,204$28,023,765
64$40,921,164$6,785,114$3,467,724$30,621,850
65$44,947,065$6,969,527$3,435,835$33,479,164
66$49,378,943$7,158,312$3,398,213$36,622,052
67$54,258,063$7,351,537$3,354,521$40,079,543
68$59,629,891$7,549,267$3,304,403$43,883,631
69$65,544,526$7,751,568$3,247,487$48,069,570
70$72,057,175$7,958,502$3,183,384$52,676,211
71$79,228,667$8,170,129$3,111,688$57,746,371
72$87,126,034$8,386,508$3,031,973$63,327,231
73$95,823,138$8,607,696$2,943,792$69,470,786
74$105,401,370$8,833,744$2,846,681$76,234,338
75$115,950,415$9,064,703$2,740,150$83,681,031
76$127,569,103$9,300,620$2,623,691$91,880,453
77$140,366,338$9,541,536$2,496,771$100,909,292
78$154,462,124$9,787,491$2,358,832$110,852,057
79$169,988,700$10,038,517$2,209,293$121,801,880
80$187,091,788$10,294,645$2,047,544$133,861,397
81$205,931,963$10,555,896$1,872,950$147,143,710
82$226,686,177$10,822,288$1,684,847$161,773,465
83$249,549,418$11,093,831$1,482,541$177,888,020
84$274,736,560$11,370,530$1,265,307$195,638,750
85$302,484,383$11,652,380$1,032,388$215,192,471
86$333,053,811$11,939,368$782,995$236,733,020
87$366,732,376$12,231,473$516,301$260,462,989
88$403,836,927$12,528,664$231,446$286,605,635
89$444,716,625$12,830,900$0$315,406,998
90$489,756,235$13,138,128$0$347,156,016
91$539,379,758$13,450,283$0$382,195,460
92$594,054,434$13,767,288$0$420,797,991
93$654,295,152$14,089,051$0$463,326,738
94$720,669,310$14,415,466$0$510,181,857
95$793,802,167$14,746,412$0$561,804,314
96$874,382,750$15,081,748$0$618,680,045
97$963,170,355$15,421,318$0$681,344,542
98$1,061,001,713$15,764,944$0$750,387,910
99$1,168,798,891$16,112,430$0$826,460,435
100$1,287,577,993$16,463,555$0$910,278,724