Can I retire at age 35 with 2,230,000?

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 $2,230,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$184,151$182,511$180,911$179,349$177,823$175,747
2 years$91,164$89,466$87,821$86,225$84,678$82,588
3 years$60,172$58,467$56,826$55,245$53,723$51,684
4 years$44,679$42,980$41,355$39,801$38,316$36,344
5 years$35,386$33,696$32,093$30,571$29,127$27,228
6 years$29,193$27,516$25,936$24,448$23,047$21,223
7 years$24,771$23,108$21,553$20,100$18,744$16,996
8 years$21,455$19,808$18,278$16,861$15,550$13,877
9 years$18,878$17,246$15,743$14,362$13,095$11,498
10 years$16,818$15,202$13,725$12,380$11,158$9,634
11 years$15,133$13,533$12,084$10,775$9,596$8,145
12 years$13,730$12,147$10,724$9,451$8,316$6,936
13 years$12,544$10,977$9,581$8,344$7,251$5,941
14 years$11,528$9,978$8,609$7,407$6,357$5,114
15 years$10,649$9,115$7,772$6,605$5,597$4,419
16 years$9,880$8,363$7,047$5,914$4,946$3,832
17 years$9,202$7,702$6,412$5,314$4,386$3,333
18 years$8,600$7,117$5,854$4,789$3,900$2,906
19 years$8,062$6,596$5,359$4,327$3,476$2,539
20 years$7,579$6,129$4,918$3,919$3,105$2,222
21 years$7,142$5,709$4,524$3,557$2,778$1,948
22 years$6,746$5,329$4,169$3,234$2,490$1,711
23 years$6,384$4,984$3,850$2,945$2,236$1,503
24 years$6,053$4,670$3,560$2,686$2,009$1,323
25 years$5,749$4,382$3,297$2,453$1,808$1,165
26 years$5,469$4,119$3,058$2,243$1,629$1,027
27 years$5,210$3,876$2,840$2,053$1,468$906
28 years$4,970$3,653$2,640$1,881$1,325$799
29 years$4,747$3,446$2,457$1,725$1,196$706
30 years$4,539$3,254$2,288$1,583$1,081$623
31 years$4,345$3,076$2,133$1,454$977$551
32 years$4,164$2,911$1,990$1,336$884$487
33 years$3,994$2,757$1,858$1,229$800$431
34 years$3,834$2,613$1,736$1,131$724$381
35 years$3,683$2,478$1,623$1,041$656$337
36 years$3,542$2,352$1,519$959$594$298
37 years$3,408$2,234$1,421$883$539$264
38 years$3,282$2,123$1,331$814$488$234
39 years$3,162$2,019$1,247$751$443$207
40 years$3,049$1,921$1,169$692$402$183
41 years$2,941$1,828$1,096$639$365$162
42 years$2,839$1,741$1,028$589$331$144
43 years$2,742$1,659$965$544$300$127
44 years$2,650$1,581$906$502$272$113
45 years$2,561$1,508$850$464$247$100
46 years$2,477$1,439$799$429$225$89
47 years$2,397$1,373$750$396$204$79
48 years$2,321$1,311$705$366$185$70
49 years$2,247$1,252$663$338$168$62
50 years$2,177$1,195$623$313$153$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,230,000, adding $5,796 every year, while hoping to spend $26,217 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: 79/12/9 Blend
34$2,230,000$2,230,000$2,230,000$2,230,000
35$2,463,439$2,345,249$2,310,684$2,654,234
36$2,686,815$2,432,271$2,360,197$2,867,291
37$2,932,096$2,522,679$2,410,490$3,096,965
38$3,201,490$2,616,611$2,461,562$3,348,150
39$3,497,428$2,714,210$2,513,409$3,622,979
40$3,822,586$2,815,627$2,566,030$3,923,803
41$4,179,917$2,921,019$2,619,418$4,253,209
42$4,572,668$3,030,549$2,673,569$4,614,047
43$5,004,422$3,144,388$2,728,475$5,009,456
44$5,479,123$3,262,713$2,784,129$5,442,890
45$6,001,118$3,385,710$2,840,521$5,918,157
46$6,575,194$3,513,572$2,897,641$6,439,448
47$7,206,628$3,646,501$2,955,476$7,011,382
48$7,901,232$3,784,708$3,014,013$7,639,044
49$8,665,412$3,928,412$3,073,235$8,328,035
50$9,506,222$4,077,843$3,133,127$9,084,526
51$10,431,438$4,233,239$3,193,669$9,915,315
52$11,449,628$4,394,850$3,254,840$10,827,889
53$12,570,229$4,562,937$3,316,616$11,830,496
54$13,803,643$4,737,772$3,378,974$12,932,224
55$15,161,330$4,919,638$3,441,884$14,143,081
56$16,655,917$5,108,831$3,505,319$15,474,096
57$18,301,318$5,305,662$3,569,244$16,937,419
58$20,112,865$5,510,451$3,633,626$18,546,433
59$22,107,450$5,723,537$3,698,426$20,315,886
60$24,303,691$5,945,270$3,763,604$22,262,023
61$26,722,098$6,176,019$3,829,115$24,402,746
62$29,385,275$6,416,167$3,894,913$26,757,775
63$32,318,127$6,666,114$3,960,948$29,348,840
64$35,548,101$6,926,278$4,027,164$32,199,880
65$39,105,438$7,197,097$4,093,505$35,337,276
66$43,023,464$7,479,025$4,159,908$38,790,089
67$47,338,900$7,772,541$4,226,308$42,590,345
68$52,092,213$8,078,140$4,292,634$46,773,328
69$57,327,993$8,396,343$4,358,811$51,377,916
70$63,095,377$8,727,693$4,424,761$56,446,948
71$69,448,512$9,072,756$4,490,397$62,027,628
72$76,447,065$9,432,126$4,555,630$68,171,967
73$84,156,787$9,806,422$4,620,365$74,937,274
74$92,650,133$10,196,290$4,684,501$82,386,701
75$102,006,944$10,602,406$4,747,929$90,589,831
76$112,315,205$11,025,476$4,810,538$99,623,340
77$123,671,870$11,466,239$4,872,205$109,571,717
78$136,183,782$11,925,466$4,932,805$120,528,061
79$149,968,676$12,403,962$4,992,202$132,594,961
80$165,156,295$12,902,570$5,050,254$145,885,461
81$181,889,611$13,422,170$5,106,812$160,524,128
82$200,326,178$13,963,683$5,161,717$176,648,224
83$220,639,616$14,528,071$5,214,802$194,409,007
84$243,021,249$15,116,339$5,265,890$213,973,150
85$267,681,915$15,729,538$5,314,797$235,524,320
86$294,853,953$16,368,768$5,361,325$259,264,906
87$324,793,396$17,035,178$5,405,269$285,417,932
88$357,782,389$17,729,968$5,446,412$314,229,159
89$394,131,852$18,454,395$5,484,526$345,969,405
90$434,184,412$19,209,772$5,519,369$380,937,098
91$478,317,644$19,997,473$5,550,690$419,461,096
92$526,947,628$20,818,934$5,578,222$461,903,786
93$580,532,880$21,675,655$5,601,687$508,664,508
94$639,578,681$22,569,209$5,620,790$560,183,319
95$704,641,844$23,501,238$5,635,224$616,945,149
96$776,335,973$24,473,459$5,644,665$679,484,375
97$855,337,254$25,487,670$5,648,773$748,389,867
98$942,390,838$26,545,751$5,647,191$824,310,541
99$1,038,317,877$27,649,666$5,639,546$907,961,491
100$1,144,023,274$28,801,474$5,625,444$1,000,130,728