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%12.4%
1 years$237,828$235,709$233,642$231,625$229,655$227,352
2 years$117,736$115,544$113,419$111,358$109,360$107,039
3 years$77,711$75,509$73,389$71,348$69,382$67,117
4 years$57,703$55,507$53,409$51,402$49,484$47,292
5 years$45,701$43,518$41,447$39,482$37,617$35,504
6 years$37,702$35,536$33,496$31,574$29,765$27,734
7 years$31,991$29,843$27,835$25,959$24,207$22,259
8 years$27,709$25,581$23,606$21,776$20,082$18,216
9 years$24,381$22,273$20,332$18,548$16,912$15,128
10 years$21,720$19,632$17,726$15,989$14,410$12,707
11 years$19,544$17,478$15,606$13,915$12,393$10,770
12 years$17,732$15,687$13,850$12,205$10,739$9,194
13 years$16,200$14,176$12,374$10,776$9,365$7,896
14 years$14,888$12,886$11,118$9,565$8,209$6,814
15 years$13,752$11,772$10,038$8,531$7,228$5,905
16 years$12,759$10,800$9,101$7,638$6,388$5,135
17 years$11,884$9,947$8,281$6,863$5,664$4,478
18 years$11,107$9,191$7,560$6,185$5,036$3,916
19 years$10,413$8,518$6,921$5,589$4,489$3,431
20 years$9,788$7,916$6,351$5,062$4,010$3,012
21 years$9,224$7,373$5,842$4,594$3,588$2,649
22 years$8,712$6,882$5,384$4,177$3,216$2,332
23 years$8,245$6,437$4,972$3,804$2,887$2,056
24 years$7,818$6,031$4,598$3,469$2,595$1,815
25 years$7,425$5,660$4,259$3,168$2,335$1,603
26 years$7,063$5,319$3,950$2,897$2,103$1,417
27 years$6,729$5,006$3,668$2,652$1,896$1,254
28 years$6,419$4,717$3,409$2,429$1,711$1,110
29 years$6,131$4,450$3,173$2,228$1,545$984
30 years$5,862$4,203$2,955$2,045$1,396$872
31 years$5,612$3,973$2,755$1,878$1,262$773
32 years$5,377$3,759$2,571$1,726$1,142$686
33 years$5,158$3,560$2,400$1,587$1,033$608
34 years$4,951$3,374$2,243$1,460$936$540
35 years$4,757$3,200$2,097$1,344$847$479
36 years$4,574$3,038$1,961$1,238$768$426
37 years$4,401$2,885$1,836$1,141$696$378
38 years$4,238$2,742$1,719$1,051$631$336
39 years$4,084$2,607$1,611$969$572$298
40 years$3,937$2,480$1,510$894$519$265
41 years$3,799$2,361$1,416$825$471$236
42 years$3,667$2,249$1,328$761$427$209
43 years$3,541$2,143$1,246$703$388$186
44 years$3,422$2,042$1,170$649$352$166
45 years$3,308$1,948$1,098$599$319$147
46 years$3,200$1,858$1,031$554$290$131
47 years$3,096$1,773$969$511$263$116
48 years$2,997$1,693$911$473$239$103
49 years$2,902$1,616$856$437$217$92
50 years$2,812$1,544$805$404$197$82

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 $2,429 every year, while hoping to spend $30,636 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: 42/46/12 Blend
34$2,880,000$2,880,000$2,880,000$2,880,000
35$3,176,266$3,023,626$2,978,986$3,298,403
36$3,467,648$3,139,187$3,046,185$3,499,799
37$3,787,725$3,259,384$3,114,609$3,714,501
38$4,139,391$3,384,411$3,184,266$3,946,309
39$4,525,833$3,514,472$3,255,164$4,196,798
40$4,950,567$3,649,780$3,327,310$4,467,699
41$5,417,460$3,790,555$3,400,711$4,760,909
42$5,930,778$3,937,029$3,475,372$5,078,516
43$6,495,217$4,089,443$3,551,296$5,422,809
44$7,115,954$4,248,050$3,628,489$5,796,307
45$7,798,689$4,413,113$3,706,952$6,201,776
46$8,549,707$4,584,906$3,786,686$6,642,256
47$9,375,927$4,763,717$3,867,690$7,121,091
48$10,284,979$4,949,846$3,949,965$7,641,955
49$11,285,263$5,143,605$4,033,505$8,208,887
50$12,386,040$5,345,322$4,118,308$8,826,331
51$13,597,511$5,555,338$4,204,366$9,499,172
52$14,930,917$5,774,009$4,291,672$10,232,785
53$16,398,645$6,001,709$4,380,217$11,033,081
54$18,014,340$6,238,827$4,469,988$11,906,562
55$19,793,042$6,485,769$4,560,972$12,860,384
56$21,751,321$6,742,960$4,653,153$13,902,420
57$23,907,435$7,010,844$4,746,513$15,041,331
58$26,281,503$7,289,885$4,841,031$16,286,652
59$28,895,695$7,580,568$4,936,684$17,648,875
60$31,774,439$7,883,399$5,033,446$19,139,546
61$34,944,653$8,198,907$5,131,287$20,771,378
62$38,436,000$8,527,645$5,230,178$22,558,361
63$42,281,164$8,870,192$5,330,081$24,515,899
64$46,516,162$9,227,152$5,430,958$26,660,949
65$51,180,684$9,599,155$5,532,769$29,012,179
66$56,318,463$9,986,863$5,635,466$31,590,145
67$61,977,692$10,390,965$5,738,999$34,417,478
68$68,211,477$10,812,182$5,843,316$37,519,101
69$75,078,337$11,251,269$5,948,357$40,922,455
70$82,642,760$11,709,014$6,054,060$44,657,761
71$90,975,807$12,186,241$6,160,356$48,758,297
72$100,155,784$12,683,812$6,267,173$53,260,714
73$110,268,983$13,202,627$6,374,432$58,205,376
74$121,410,494$13,743,631$6,482,050$63,636,740
75$133,685,102$14,307,806$6,589,936$69,603,768
76$147,208,278$14,896,184$6,697,995$76,160,391
77$162,107,268$15,509,843$6,806,123$83,366,011
78$178,522,293$16,149,909$6,914,212$91,286,058
79$196,607,874$16,817,561$7,022,145$99,992,605
80$216,534,287$17,514,031$7,129,796$109,565,042
81$238,489,175$18,240,610$7,237,036$120,090,824
82$262,679,316$18,998,645$7,343,721$131,666,291
83$289,332,575$19,789,548$7,449,705$144,397,568
84$318,700,056$20,614,793$7,554,828$158,401,570
85$351,058,469$21,475,926$7,658,923$173,807,095
86$386,712,748$22,374,561$7,761,812$190,756,035
87$425,998,922$23,312,389$7,863,306$209,404,710
88$469,287,292$24,291,176$7,963,207$229,925,339
89$516,985,925$25,312,772$8,061,303$252,507,660
90$569,544,506$26,379,114$8,157,373$277,360,709
91$627,458,581$27,492,227$8,251,181$304,714,795
92$691,274,239$28,654,228$8,342,478$334,823,661
93$761,593,262$29,867,337$8,431,002$367,966,875
94$839,078,812$31,133,873$8,516,477$404,452,459
95$924,461,682$32,456,264$8,598,611$444,619,790
96$1,018,547,206$33,837,054$8,677,097$488,842,798
97$1,122,222,852$35,278,900$8,751,610$537,533,482
98$1,236,466,605$36,784,588$8,821,811$591,145,794
99$1,362,356,196$38,357,030$8,887,339$650,179,913
100$1,501,079,281$39,999,277$8,947,818$715,186,959