Can I retire at age 35 with 2,220,000?

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 $2,220,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$183,326$181,693$180,099$178,544$177,026$170,677
2 years$90,755$89,065$87,427$85,839$84,298$77,970
3 years$59,902$58,205$56,571$54,998$53,482$47,374
4 years$44,479$42,787$41,169$39,623$38,144$32,303
5 years$35,228$33,545$31,949$30,434$28,996$23,437
6 years$29,062$27,392$25,820$24,338$22,944$17,671
7 years$24,659$23,004$21,456$20,010$18,660$13,672
8 years$21,359$19,719$18,197$16,786$15,480$10,773
9 years$18,794$17,169$15,673$14,298$13,036$8,604
10 years$16,742$15,133$13,664$12,325$11,108$6,942
11 years$15,065$13,472$12,029$10,726$9,553$5,645
12 years$13,669$12,092$10,676$9,408$8,278$4,619
13 years$12,488$10,928$9,538$8,306$7,219$3,799
14 years$11,477$9,933$8,570$7,373$6,328$3,136
15 years$10,601$9,074$7,738$6,576$5,572$2,597
16 years$9,835$8,325$7,015$5,888$4,924$2,157
17 years$9,161$7,667$6,384$5,290$4,366$1,795
18 years$8,562$7,085$5,827$4,768$3,882$1,496
19 years$8,026$6,566$5,335$4,308$3,460$1,249
20 years$7,545$6,102$4,896$3,902$3,091$1,044
21 years$7,110$5,683$4,503$3,541$2,766$874
22 years$6,715$5,305$4,150$3,220$2,479$732
23 years$6,356$4,962$3,832$2,932$2,226$613
24 years$6,026$4,649$3,544$2,674$2,000$514
25 years$5,724$4,363$3,283$2,442$1,800$431
26 years$5,445$4,100$3,044$2,233$1,621$362
27 years$5,187$3,859$2,827$2,044$1,462$304
28 years$4,948$3,636$2,628$1,873$1,319$255
29 years$4,726$3,430$2,446$1,717$1,191$214
30 years$4,519$3,240$2,278$1,576$1,076$180
31 years$4,326$3,062$2,124$1,448$973$151
32 years$4,145$2,898$1,982$1,330$880$127
33 years$3,976$2,744$1,850$1,223$797$107
34 years$3,817$2,601$1,729$1,126$721$90
35 years$3,667$2,467$1,616$1,036$653$76
36 years$3,526$2,341$1,512$954$592$64
37 years$3,393$2,224$1,415$879$536$53
38 years$3,267$2,113$1,325$810$486$45
39 years$3,148$2,010$1,242$747$441$38
40 years$3,035$1,912$1,164$689$400$32
41 years$2,928$1,820$1,091$636$363$27
42 years$2,826$1,733$1,024$587$329$22
43 years$2,730$1,652$960$542$299$19
44 years$2,638$1,574$902$500$271$16
45 years$2,550$1,501$847$462$246$13
46 years$2,466$1,432$795$427$224$11
47 years$2,387$1,367$747$394$203$9
48 years$2,310$1,305$702$364$184$8
49 years$2,237$1,246$660$337$167$7
50 years$2,167$1,190$620$311$152$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,220,000, adding $5,893 every year, while hoping to spend $59,975 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: 43/44/13 Blend
34$2,220,000$2,220,000$2,220,000$2,220,000
35$2,452,519$2,334,859$2,300,449$2,548,480
36$2,638,863$2,385,454$2,313,701$2,666,791
37$2,842,204$2,436,518$2,325,387$2,788,426
38$3,064,212$2,488,011$2,335,391$2,918,883
39$3,306,726$2,539,888$2,343,591$3,058,996
40$3,571,771$2,592,101$2,349,860$3,209,686
41$3,861,575$2,644,597$2,354,063$3,371,966
42$4,178,591$2,697,319$2,356,060$3,546,953
43$4,525,522$2,750,202$2,355,703$3,735,880
44$4,905,342$2,803,179$2,352,836$3,940,102
45$5,321,328$2,856,175$2,347,297$4,161,118
46$5,777,087$2,909,112$2,338,915$4,400,577
47$6,276,593$2,961,901$2,327,511$4,660,297
48$6,824,220$3,014,449$2,312,898$4,942,284
49$7,424,790$3,066,656$2,294,879$5,248,749
50$8,083,609$3,118,412$2,273,248$5,582,129
51$8,806,524$3,169,602$2,247,789$5,945,113
52$9,599,977$3,220,099$2,218,277$6,340,664
53$10,471,059$3,269,769$2,184,474$6,772,050
54$11,427,587$3,318,467$2,146,134$7,242,873
55$12,478,167$3,366,039$2,102,996$7,757,108
56$13,632,283$3,412,318$2,054,789$8,319,134
57$14,900,381$3,457,127$2,001,230$8,933,781
58$16,293,970$3,500,276$1,942,021$9,606,377
59$17,825,728$3,541,562$1,876,852$10,342,794
60$19,509,623$3,580,770$1,805,397$11,149,507
61$21,361,044$3,617,667$1,727,317$12,033,657
62$23,396,946$3,652,007$1,642,257$13,003,115
63$25,636,007$3,683,528$1,549,845$14,066,564
64$28,098,808$3,711,950$1,449,694$15,233,573
65$30,808,025$3,736,974$1,341,397$16,514,697
66$33,788,641$3,758,283$1,224,531$17,921,570
67$37,068,183$3,775,539$1,098,654$19,467,022
68$40,676,981$3,788,384$963,302$21,165,197
69$44,648,453$3,796,435$817,993$23,031,691
70$49,019,422$3,799,287$662,222$25,083,696
71$53,830,460$3,796,509$495,463$27,340,170
72$59,126,271$3,787,642$317,166$29,822,011
73$64,956,117$3,772,203$126,756$32,552,261
74$71,374,273$3,749,674$0$35,556,322
75$78,440,550$3,719,508$0$38,872,802
76$86,220,850$3,681,128$0$42,541,424
77$94,787,789$3,633,916$0$46,578,715
78$104,221,388$3,577,222$0$51,022,289
79$114,609,819$3,510,355$0$55,913,610
80$126,050,242$3,432,584$0$61,298,380
81$138,649,720$3,343,134$0$67,226,975
82$152,526,229$3,241,186$0$73,754,918
83$167,809,771$3,125,870$0$80,943,411
84$184,643,599$2,996,268$0$88,859,912
85$203,185,569$2,851,409$0$97,578,774
86$223,609,633$2,690,264$0$107,181,949
87$246,107,475$2,511,746$0$117,759,767
88$270,890,320$2,314,704$0$129,411,789
89$298,190,932$2,097,924$0$142,247,748
90$328,265,805$1,860,120$0$156,388,595
91$361,397,586$1,599,935$0$171,967,637
92$397,897,742$1,315,934$0$189,131,803
93$438,109,498$1,006,601$0$208,043,033
94$482,411,078$670,336$0$228,879,813
95$531,219,273$305,448$0$251,838,862
96$584,993,376$0$0$277,136,996
97$644,239,514$0$0$305,056,681
98$709,515,427$0$0$335,981,311
99$781,435,734$0$0$370,054,233
100$860,677,728$0$0$407,596,382