Can I retire at age 35 with 2,320,000?

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$191,583$189,877$188,212$186,587$185,000$177,800
2 years$94,843$93,077$91,365$89,705$88,095$80,929
3 years$62,601$60,827$59,119$57,475$55,891$48,983
4 years$46,483$44,714$43,024$41,408$39,862$33,266
5 years$36,814$35,056$33,388$31,805$30,303$24,034
6 years$30,371$28,626$26,983$25,435$23,977$18,041
7 years$25,770$24,040$22,423$20,911$19,500$13,894
8 years$22,321$20,607$19,016$17,542$16,177$10,896
9 years$19,640$17,942$16,379$14,942$13,624$8,660
10 years$17,497$15,815$14,279$12,880$11,608$6,952
11 years$15,744$14,079$12,571$11,209$9,983$5,624
12 years$14,284$12,637$11,157$9,832$8,651$4,577
13 years$13,050$11,420$9,968$8,680$7,544$3,743
14 years$11,994$10,380$8,956$7,705$6,613$3,073
15 years$11,078$9,483$8,086$6,872$5,823$2,531
16 years$10,278$8,700$7,331$6,153$5,146$2,090
17 years$9,573$8,013$6,671$5,528$4,563$1,729
18 years$8,947$7,404$6,090$4,982$4,057$1,433
19 years$8,388$6,862$5,575$4,502$3,616$1,189
20 years$7,885$6,376$5,116$4,077$3,230$988
21 years$7,431$5,939$4,706$3,700$2,891$821
22 years$7,018$5,544$4,337$3,365$2,591$683
23 years$6,642$5,185$4,005$3,064$2,326$569
24 years$6,298$4,858$3,704$2,795$2,090$474
25 years$5,981$4,559$3,430$2,552$1,881$395
26 years$5,690$4,285$3,182$2,334$1,694$330
27 years$5,420$4,033$2,954$2,136$1,528$275
28 years$5,171$3,800$2,746$1,957$1,378$229
29 years$4,939$3,585$2,556$1,795$1,245$191
30 years$4,723$3,386$2,381$1,647$1,125$160
31 years$4,521$3,200$2,219$1,513$1,017$133
32 years$4,332$3,028$2,071$1,390$920$111
33 years$4,155$2,868$1,933$1,278$832$93
34 years$3,989$2,718$1,807$1,176$754$78
35 years$3,832$2,578$1,689$1,083$683$65
36 years$3,685$2,447$1,580$997$618$54
37 years$3,546$2,324$1,479$919$561$45
38 years$3,414$2,209$1,385$847$508$38
39 years$3,290$2,100$1,297$781$461$32
40 years$3,172$1,998$1,216$720$418$26
41 years$3,060$1,902$1,140$665$379$22
42 years$2,954$1,811$1,070$613$344$18
43 years$2,853$1,726$1,004$566$312$15
44 years$2,756$1,645$942$523$283$13
45 years$2,665$1,569$885$483$257$11
46 years$2,577$1,497$831$446$234$9
47 years$2,494$1,428$781$412$212$7
48 years$2,414$1,363$734$381$193$6
49 years$2,338$1,302$690$352$175$5
50 years$2,265$1,244$648$325$159$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,320,000, adding $4,754 every year, while hoping to spend $34,452 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: 67/10/23 Blend
34$2,320,000$2,320,000$2,320,000$2,320,000
35$2,561,544$2,438,584$2,402,624$2,717,816
36$2,786,165$2,521,418$2,446,455$2,906,135
37$3,032,542$2,607,156$2,490,600$3,107,626
38$3,302,859$2,695,904$2,535,033$3,327,180
39$3,599,519$2,787,772$2,579,725$3,566,577
40$3,925,172$2,882,875$2,624,648$3,827,776
41$4,282,734$2,981,330$2,669,768$4,112,938
42$4,675,419$3,083,262$2,715,051$4,424,439
43$5,106,768$3,188,797$2,760,461$4,764,898
44$5,580,679$3,298,069$2,805,957$5,137,198
45$6,101,449$3,411,215$2,851,497$5,544,518
46$6,673,811$3,528,379$2,897,037$5,990,355
47$7,302,979$3,649,709$2,942,528$6,478,563
48$7,994,699$3,775,360$2,987,918$7,013,389
49$8,755,298$3,905,494$3,033,153$7,599,510
50$9,591,751$4,040,275$3,078,176$8,242,077
51$10,511,739$4,179,878$3,122,925$8,946,767
52$11,523,728$4,324,483$3,167,334$9,719,832
53$12,637,043$4,474,278$3,211,334$10,568,163
54$13,861,959$4,629,455$3,254,852$11,499,349
55$15,209,799$4,790,219$3,297,810$12,521,752
56$16,693,038$4,956,778$3,340,126$13,644,585
57$18,325,419$5,129,352$3,381,711$14,878,000
58$20,122,089$5,308,168$3,422,476$16,233,180
59$22,099,735$5,493,460$3,462,321$17,722,448
60$24,276,743$5,685,476$3,501,145$19,359,383
61$26,673,377$5,884,469$3,538,839$21,158,944
62$29,311,959$6,090,707$3,575,288$23,137,617
63$32,217,091$6,304,463$3,610,372$25,313,564
64$35,415,879$6,526,026$3,643,964$27,706,799
65$38,938,191$6,755,694$3,675,929$30,339,377
66$42,816,940$6,993,777$3,706,127$33,235,595
67$47,088,395$7,240,599$3,734,408$36,422,232
68$51,792,517$7,496,494$3,760,618$39,928,792
69$56,973,345$7,761,814$3,784,589$43,787,787
70$62,679,405$8,036,921$3,806,151$48,035,043
71$68,964,167$8,322,193$3,825,121$52,710,037
72$75,886,557$8,618,025$3,841,307$57,856,271
73$83,511,504$8,924,826$3,854,508$63,521,681
74$91,910,557$9,243,023$3,864,515$69,759,091
75$101,162,562$9,573,059$3,871,104$76,626,707
76$111,354,401$9,915,397$3,874,043$84,188,672
77$122,581,815$10,270,516$3,873,089$92,515,669
78$134,950,307$10,638,919$3,867,985$101,685,587
79$148,576,138$11,021,125$3,858,461$111,784,256
80$163,587,421$11,417,677$3,844,237$122,906,259
81$180,125,336$11,829,141$3,825,017$135,155,823
82$198,345,456$12,256,105$3,800,490$148,647,802
83$218,419,219$12,699,181$3,770,334$163,508,764
84$240,535,545$13,159,007$3,734,206$179,878,182
85$264,902,621$13,636,248$3,691,752$197,909,754
86$291,749,860$14,131,596$3,642,597$217,772,849
87$321,330,073$14,645,772$3,586,352$239,654,112
88$353,921,853$15,179,527$3,522,607$263,759,219
89$389,832,202$15,733,643$3,450,934$290,314,825
90$429,399,431$16,308,936$3,370,885$319,570,697
91$472,996,355$16,906,256$3,281,991$351,802,077
92$521,033,807$17,526,487$3,183,762$387,312,277
93$573,964,522$18,170,552$3,075,685$426,435,544
94$632,287,406$18,839,411$2,957,223$469,540,214
95$696,552,247$19,534,068$2,827,816$517,032,190
96$767,364,905$20,255,566$2,686,876$569,358,773
97$845,393,030$21,004,994$2,533,792$627,012,886
98$931,372,367$21,783,486$2,367,921$690,537,725
99$1,026,113,697$22,592,225$2,188,595$760,531,888
100$1,130,510,496$23,432,446$1,995,115$837,655,028