Can I retire at age 35 with 2,240,000?

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 $2,240,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$184,977$183,329$181,722$180,153$178,621$171,466
2 years$91,573$89,867$88,215$86,612$85,057$77,939
3 years$60,442$58,729$57,081$55,493$53,964$47,106
4 years$44,880$43,172$41,540$39,980$38,488$31,942
5 years$35,545$33,848$32,237$30,708$29,258$23,042
6 years$29,324$27,639$26,052$24,558$23,151$17,268
7 years$24,882$23,211$21,649$20,190$18,828$13,276
8 years$21,552$19,896$18,360$16,937$15,619$10,392
9 years$18,963$17,323$15,814$14,427$13,154$8,244
10 years$16,893$15,270$13,787$12,436$11,208$6,605
11 years$15,201$13,594$12,138$10,823$9,639$5,333
12 years$13,792$12,201$10,772$9,493$8,353$4,332
13 years$12,600$11,026$9,624$8,381$7,284$3,536
14 years$11,580$10,022$8,647$7,440$6,385$2,897
15 years$10,696$9,156$7,807$6,635$5,622$2,380
16 years$9,924$8,400$7,078$5,941$4,969$1,961
17 years$9,243$7,736$6,441$5,338$4,406$1,619
18 years$8,639$7,149$5,880$4,810$3,917$1,338
19 years$8,099$6,625$5,383$4,347$3,491$1,108
20 years$7,613$6,157$4,940$3,937$3,119$918
21 years$7,174$5,735$4,544$3,573$2,791$762
22 years$6,776$5,353$4,188$3,249$2,502$633
23 years$6,413$5,007$3,867$2,959$2,246$526
24 years$6,080$4,691$3,576$2,698$2,018$437
25 years$5,775$4,402$3,312$2,464$1,816$363
26 years$5,494$4,137$3,072$2,253$1,636$302
27 years$5,234$3,894$2,853$2,062$1,475$251
28 years$4,992$3,669$2,652$1,890$1,331$209
29 years$4,768$3,461$2,468$1,733$1,202$174
30 years$4,560$3,269$2,299$1,590$1,086$145
31 years$4,365$3,090$2,143$1,461$982$121
32 years$4,182$2,924$1,999$1,342$888$101
33 years$4,012$2,769$1,867$1,234$804$84
34 years$3,851$2,624$1,744$1,136$728$70
35 years$3,700$2,489$1,631$1,045$659$58
36 years$3,558$2,363$1,526$963$597$48
37 years$3,423$2,244$1,428$887$541$40
38 years$3,296$2,132$1,337$818$491$34
39 years$3,176$2,028$1,253$754$445$28
40 years$3,062$1,929$1,174$695$404$23
41 years$2,954$1,836$1,101$642$366$19
42 years$2,852$1,749$1,033$592$332$16
43 years$2,754$1,666$969$547$302$14
44 years$2,661$1,588$910$505$274$11
45 years$2,573$1,515$854$466$248$9
46 years$2,489$1,445$802$431$226$8
47 years$2,408$1,379$754$398$205$7
48 years$2,331$1,316$708$368$186$5
49 years$2,257$1,257$666$340$169$5
50 years$2,187$1,201$626$314$153$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,240,000, adding $6,169 every year, while hoping to spend $29,827 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: 72/12/16 Blend
34$2,240,000$2,240,000$2,240,000$2,240,000
35$2,474,843$2,356,123$2,321,403$2,643,557
36$2,695,542$2,439,838$2,367,435$2,840,044
37$2,937,752$2,526,654$2,414,008$3,050,937
38$3,203,636$2,616,694$2,461,111$3,281,111
39$3,495,576$2,710,082$2,508,728$3,532,468
40$3,816,198$2,806,948$2,556,843$3,807,105
41$4,168,391$2,907,430$2,605,438$4,107,329
42$4,555,340$3,011,667$2,654,494$4,435,682
43$4,980,555$3,119,809$2,703,989$4,794,963
44$5,447,898$3,232,007$2,753,900$5,188,255
45$5,961,630$3,348,421$2,804,202$5,618,951
46$6,526,441$3,469,218$2,854,868$6,090,790
47$7,147,500$3,594,572$2,905,867$6,607,891
48$7,830,500$3,724,661$2,957,169$7,174,789
49$8,581,716$3,859,674$3,008,739$7,796,480
50$9,408,060$3,999,807$3,060,541$8,478,467
51$10,317,148$4,145,264$3,112,535$9,226,812
52$11,317,371$4,296,255$3,164,678$10,048,193
53$12,417,975$4,453,004$3,216,927$10,949,966
54$13,629,146$4,615,739$3,269,232$11,940,236
55$14,962,110$4,784,701$3,321,543$13,027,930
56$16,429,234$4,960,141$3,373,803$14,222,883
57$18,044,147$5,142,318$3,425,956$15,535,933
58$19,821,862$5,331,504$3,477,938$16,979,017
59$21,778,927$5,527,983$3,529,684$18,565,287
60$23,933,573$5,732,049$3,581,123$20,309,236
61$26,305,888$5,944,010$3,632,182$22,226,828
62$28,918,008$6,164,186$3,682,780$24,335,656
63$31,794,326$6,392,912$3,732,834$26,655,100
64$34,961,718$6,630,536$3,782,255$29,206,516
65$38,449,803$6,877,422$3,830,949$32,013,433
66$42,291,214$7,133,947$3,878,818$35,101,778
67$46,521,915$7,400,507$3,925,755$38,500,116
68$51,181,533$7,677,515$3,971,650$42,239,923
69$56,313,734$7,965,398$4,016,386$46,355,882
70$61,966,639$8,264,606$4,059,838$50,886,207
71$68,193,270$8,575,606$4,101,877$55,873,009
72$75,052,057$8,898,884$4,142,364$61,362,685
73$82,607,388$9,234,951$4,181,154$67,406,363
74$90,930,213$9,584,335$4,218,094$74,060,381
75$100,098,717$9,947,590$4,253,023$81,386,817
76$110,199,059$10,325,294$4,285,771$89,454,076
77$121,326,178$10,718,049$4,316,160$98,337,535
78$133,584,699$11,126,484$4,344,002$108,120,255
79$147,089,911$11,551,254$4,369,098$118,893,762
80$161,968,861$11,993,045$4,391,242$130,758,912
81$178,361,551$12,452,570$4,410,215$143,826,842
82$196,422,259$12,930,576$4,425,788$158,220,018
83$216,320,996$13,427,841$4,437,718$174,073,393
84$238,245,110$13,945,177$4,445,754$191,535,677
85$262,401,053$14,483,433$4,449,629$210,770,741
86$289,016,334$15,043,495$4,449,065$231,959,163
87$318,341,660$15,626,286$4,443,768$255,299,935
88$350,653,307$16,232,772$4,433,433$281,012,335
89$386,255,728$16,863,961$4,417,736$309,338,003
90$425,484,423$17,520,906$4,396,341$340,543,215
91$468,709,109$18,204,705$4,368,893$374,921,399
92$516,337,208$18,916,506$4,335,021$412,795,905
93$568,817,697$19,657,509$4,294,338$454,523,055
94$626,645,340$20,428,964$4,246,436$500,495,506
95$690,365,362$21,232,180$4,190,889$551,145,955
96$760,578,595$22,068,524$4,127,250$606,951,226
97$837,947,151$22,939,420$4,055,052$668,436,767
98$923,200,670$23,846,362$3,973,806$736,181,611
99$1,017,143,210$24,790,905$3,883,000$810,823,842
100$1,120,660,835$25,774,677$3,782,098$893,066,616