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

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 $2,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$237,828$235,709$233,642$231,625$229,655$225,572
2 years$117,736$115,544$113,419$111,358$109,360$105,260
3 years$77,711$75,509$73,389$71,348$69,382$65,394
4 years$57,703$55,507$53,409$51,402$49,484$45,637
5 years$45,701$43,518$41,447$39,482$37,617$33,923
6 years$37,702$35,536$33,496$31,574$29,765$26,228
7 years$31,991$29,843$27,835$25,959$24,207$20,828
8 years$27,709$25,581$23,606$21,776$20,082$16,860
9 years$24,381$22,273$20,332$18,548$16,912$13,845
10 years$21,720$19,632$17,726$15,989$14,410$11,496
11 years$19,544$17,478$15,606$13,915$12,393$9,628
12 years$17,732$15,687$13,850$12,205$10,739$8,121
13 years$16,200$14,176$12,374$10,776$9,365$6,888
14 years$14,888$12,886$11,118$9,565$8,209$5,869
15 years$13,752$11,772$10,038$8,531$7,228$5,021
16 years$12,759$10,800$9,101$7,638$6,388$4,309
17 years$11,884$9,947$8,281$6,863$5,664$3,708
18 years$11,107$9,191$7,560$6,185$5,036$3,198
19 years$10,413$8,518$6,921$5,589$4,489$2,763
20 years$9,788$7,916$6,351$5,062$4,010$2,392
21 years$9,224$7,373$5,842$4,594$3,588$2,074
22 years$8,712$6,882$5,384$4,177$3,216$1,800
23 years$8,245$6,437$4,972$3,804$2,887$1,564
24 years$7,818$6,031$4,598$3,469$2,595$1,360
25 years$7,425$5,660$4,259$3,168$2,335$1,183
26 years$7,063$5,319$3,950$2,897$2,103$1,031
27 years$6,729$5,006$3,668$2,652$1,896$898
28 years$6,419$4,717$3,409$2,429$1,711$783
29 years$6,131$4,450$3,173$2,228$1,545$683
30 years$5,862$4,203$2,955$2,045$1,396$596
31 years$5,612$3,973$2,755$1,878$1,262$520
32 years$5,377$3,759$2,571$1,726$1,142$454
33 years$5,158$3,560$2,400$1,587$1,033$397
34 years$4,951$3,374$2,243$1,460$936$346
35 years$4,757$3,200$2,097$1,344$847$303
36 years$4,574$3,038$1,961$1,238$768$265
37 years$4,401$2,885$1,836$1,141$696$231
38 years$4,238$2,742$1,719$1,051$631$202
39 years$4,084$2,607$1,611$969$572$177
40 years$3,937$2,480$1,510$894$519$154
41 years$3,799$2,361$1,416$825$471$135
42 years$3,667$2,249$1,328$761$427$118
43 years$3,541$2,143$1,246$703$388$103
44 years$3,422$2,042$1,170$649$352$90
45 years$3,308$1,948$1,098$599$319$79
46 years$3,200$1,858$1,031$554$290$69
47 years$3,096$1,773$969$511$263$60
48 years$2,997$1,693$911$473$239$53
49 years$2,902$1,616$856$437$217$46
50 years$2,812$1,544$805$404$197$40

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 $3,331 every year, while hoping to spend $31,884 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: 30/43/27 Blend
34$2,880,000$2,880,000$2,880,000$2,880,000
35$3,177,196$3,024,556$2,979,916$3,245,989
36$3,467,346$3,138,835$3,045,819$3,414,119
37$3,786,022$3,257,645$3,112,861$3,591,838
38$4,136,101$3,381,174$3,181,046$3,782,388
39$4,520,751$3,509,619$3,250,379$3,986,907
40$4,943,463$3,643,186$3,320,862$4,206,642
41$5,408,081$3,782,087$3,392,496$4,442,962
42$5,918,842$3,926,547$3,465,282$4,697,367
43$6,480,415$4,076,798$3,539,219$4,971,507
44$7,097,939$4,233,083$3,614,305$5,267,189
45$7,777,082$4,395,657$3,690,537$5,586,401
46$8,524,085$4,564,785$3,767,911$5,931,325
47$9,345,824$4,740,742$3,846,419$6,304,357
48$10,249,878$4,923,818$3,926,054$6,708,131
49$11,244,595$5,114,315$4,006,806$7,145,539
50$12,339,174$5,312,547$4,088,664$7,619,762
51$13,543,751$5,518,842$4,171,615$8,134,296
52$14,869,492$5,733,544$4,255,643$8,692,983
53$16,328,704$5,957,012$4,340,731$9,300,048
54$17,934,945$6,189,619$4,426,859$9,960,137
55$19,703,156$6,431,756$4,514,004$10,678,359
56$21,649,797$6,683,831$4,602,143$11,460,333
57$23,793,009$6,946,271$4,691,247$12,312,243
58$26,152,778$7,219,521$4,781,286$13,240,887
59$28,751,130$7,504,046$4,872,228$14,253,748
60$31,612,333$7,800,332$4,964,035$15,359,058
61$34,763,129$8,108,887$5,056,669$16,565,877
62$38,232,986$8,430,240$5,150,085$17,884,172
63$42,054,375$8,764,946$5,244,237$19,324,918
64$46,263,077$9,113,584$5,339,075$20,900,189
65$50,898,520$9,476,759$5,434,543$22,623,278
66$56,004,152$9,855,102$5,530,582$24,508,818
67$61,627,848$10,249,275$5,627,130$26,572,916
68$67,822,366$10,659,967$5,724,116$28,833,308
69$74,645,842$11,087,901$5,821,469$31,309,518
70$82,162,339$11,533,829$5,919,109$34,023,044
71$90,442,451$11,998,540$6,016,953$36,997,555
72$99,563,971$12,482,858$6,114,910$40,259,117
73$109,612,621$12,987,644$6,212,886$43,836,433
74$120,682,868$13,513,797$6,310,777$47,761,109
75$132,878,807$14,062,260$6,408,474$52,067,954
76$146,315,150$14,634,016$6,505,863$56,795,304
77$161,118,306$15,230,092$6,602,819$61,985,379
78$177,427,572$15,851,566$6,699,212$67,684,680
79$195,396,451$16,499,560$6,794,904$73,944,423
80$215,194,102$17,175,251$6,889,745$80,821,022
81$237,006,930$17,879,868$6,983,581$88,376,612
82$261,040,352$18,614,696$7,076,246$96,679,640
83$287,520,732$19,381,081$7,167,565$105,805,500
84$316,697,521$20,180,428$7,257,352$115,837,241
85$348,845,606$21,014,207$7,345,412$126,866,351
86$384,267,912$21,883,958$7,431,538$138,993,613
87$423,298,255$22,791,287$7,515,510$152,330,052
88$466,304,496$23,737,879$7,597,099$166,997,977
89$513,692,013$24,725,494$7,676,060$183,132,132
90$565,907,527$25,755,971$7,752,136$200,880,963
91$623,443,320$26,831,239$7,825,058$220,408,012
92$686,841,880$27,953,311$7,894,539$241,893,454
93$756,701,024$29,124,296$7,960,278$265,535,796
94$833,679,541$30,346,399$8,021,961$291,553,741
95$918,503,410$31,621,929$8,079,252$320,188,243
96$1,011,972,653$32,953,298$8,131,802$351,704,784
97$1,114,968,889$34,343,035$8,179,242$386,395,863
98$1,228,463,654$35,793,782$8,221,185$424,583,755
99$1,353,527,575$37,308,305$8,257,223$466,623,544
100$1,491,340,475$38,889,500$8,286,928$512,906,465