Can I retire at age 35 with 2,420,000?

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 $2,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$199,841$198,061$196,325$194,629$192,974$187,473
2 years$98,931$97,089$95,303$93,572$91,892$86,393
3 years$65,299$63,449$61,667$59,952$58,300$52,975
4 years$48,486$46,641$44,878$43,192$41,580$36,470
5 years$38,401$36,567$34,827$33,176$31,609$26,727
6 years$31,680$29,860$28,146$26,531$25,011$20,362
7 years$26,881$25,076$23,389$21,813$20,341$15,925
8 years$23,283$21,495$19,836$18,298$16,874$12,690
9 years$20,487$18,715$17,085$15,586$14,211$10,253
10 years$18,251$16,497$14,895$13,435$12,108$8,372
11 years$16,423$14,686$13,113$11,693$10,413$6,892
12 years$14,900$13,181$11,638$10,256$9,024$5,711
13 years$13,613$11,912$10,397$9,055$7,869$4,758
14 years$12,510$10,828$9,342$8,038$6,898$3,980
15 years$11,556$9,891$8,435$7,168$6,074$3,341
16 years$10,722$9,075$7,647$6,418$5,368$2,813
17 years$9,986$8,358$6,959$5,767$4,760$2,374
18 years$9,333$7,723$6,352$5,197$4,232$2,007
19 years$8,749$7,158$5,815$4,696$3,772$1,700
20 years$8,225$6,651$5,337$4,253$3,369$1,442
21 years$7,751$6,195$4,909$3,860$3,015$1,224
22 years$7,320$5,783$4,524$3,510$2,703$1,041
23 years$6,928$5,409$4,177$3,196$2,426$885
24 years$6,569$5,068$3,863$2,915$2,181$753
25 years$6,239$4,756$3,578$2,662$1,962$642
26 years$5,935$4,470$3,319$2,434$1,767$547
27 years$5,654$4,207$3,082$2,228$1,594$466
28 years$5,394$3,964$2,865$2,041$1,438$398
29 years$5,152$3,739$2,666$1,872$1,298$339
30 years$4,926$3,531$2,483$1,718$1,173$290
31 years$4,716$3,338$2,315$1,578$1,061$247
32 years$4,519$3,159$2,160$1,450$959$211
33 years$4,334$2,991$2,017$1,334$868$180
34 years$4,160$2,835$1,884$1,227$786$154
35 years$3,997$2,689$1,762$1,129$712$131
36 years$3,844$2,552$1,648$1,040$645$112
37 years$3,698$2,424$1,543$958$585$96
38 years$3,561$2,304$1,445$883$530$82
39 years$3,432$2,191$1,353$815$481$70
40 years$3,309$2,084$1,269$751$436$60
41 years$3,192$1,984$1,190$693$396$51
42 years$3,081$1,890$1,116$640$359$44
43 years$2,976$1,800$1,047$591$326$37
44 years$2,875$1,716$983$545$296$32
45 years$2,780$1,636$923$504$268$27
46 years$2,689$1,561$867$465$244$23
47 years$2,602$1,490$814$430$221$20
48 years$2,518$1,422$765$397$201$17
49 years$2,439$1,358$719$367$183$15
50 years$2,363$1,297$676$339$166$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,420,000, adding $5,999 every year, while hoping to spend $47,294 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: 49/39/12 Blend
34$2,420,000$2,420,000$2,420,000$2,420,000
35$2,673,028$2,544,768$2,507,258$2,794,969
36$2,895,356$2,619,141$2,540,931$2,953,757
37$3,138,777$2,695,574$2,574,146$3,120,703
38$3,405,392$2,774,116$2,606,840$3,300,977
39$3,697,515$2,854,821$2,638,942$3,495,839
40$4,017,695$2,937,740$2,670,379$3,706,679
41$4,368,738$3,022,928$2,701,076$3,935,025
42$4,753,737$3,110,439$2,730,950$4,182,559
43$5,176,097$3,200,330$2,759,915$4,451,131
44$5,639,568$3,292,655$2,787,881$4,742,780
45$6,148,282$3,387,473$2,814,753$5,059,747
46$6,706,789$3,484,841$2,840,430$5,404,502
47$7,320,102$3,584,819$2,864,805$5,779,761
48$7,993,743$3,687,466$2,887,767$6,188,519
49$8,733,796$3,792,843$2,909,198$6,634,070
50$9,546,963$3,901,012$2,928,976$7,120,043
51$10,440,625$4,012,034$2,946,969$7,650,433
52$11,422,917$4,125,972$2,963,040$8,229,642
53$12,502,800$4,242,889$2,977,047$8,862,516
54$13,690,144$4,362,850$2,988,837$9,554,394
55$14,995,828$4,485,918$2,998,252$10,311,156
56$16,431,834$4,612,160$3,005,125$11,139,279
57$18,011,365$4,741,640$3,009,281$12,045,897
58$19,748,969$4,874,424$3,010,536$13,038,869
59$21,660,671$5,010,579$3,008,697$14,126,854
60$23,764,133$5,150,170$3,003,561$15,319,389
61$26,078,811$5,293,265$2,994,917$16,626,982
62$28,626,144$5,439,930$2,982,541$18,061,210
63$31,429,755$5,590,231$2,966,201$19,634,826
64$34,515,673$5,744,234$2,945,651$21,361,884
65$37,912,576$5,902,007$2,920,635$23,257,864
66$41,652,068$6,063,614$2,890,885$25,339,824
67$45,768,968$6,229,120$2,856,119$27,626,561
68$50,301,647$6,398,591$2,816,043$30,138,781
69$55,292,382$6,572,089$2,770,348$32,899,304
70$60,787,761$6,749,678$2,718,711$35,933,271
71$66,839,119$6,931,419$2,660,794$39,268,385
72$73,503,023$7,117,371$2,596,244$42,935,172
73$80,841,803$7,307,594$2,524,690$46,967,269
74$88,924,145$7,502,145$2,445,745$51,401,739
75$97,825,735$7,701,077$2,359,005$56,279,424
76$107,629,974$7,904,444$2,264,046$61,645,328
77$118,428,765$8,112,296$2,160,425$67,549,043
78$130,323,380$8,324,679$2,047,680$74,045,215
79$143,425,414$8,541,637$1,925,327$81,194,064
80$157,857,840$8,763,212$1,792,859$89,061,945
81$173,756,170$8,989,439$1,649,750$97,721,982
82$191,269,729$9,220,351$1,495,446$107,254,753
83$210,563,070$9,455,977$1,329,372$117,749,054
84$231,817,522$9,696,339$1,150,925$129,302,735
85$255,232,905$9,941,455$959,477$142,023,622
86$281,029,411$10,191,336$754,369$156,030,541
87$309,449,688$10,445,988$534,917$171,454,433
88$340,761,124$10,705,410$300,405$188,439,593
89$375,258,375$10,969,591$50,085$207,145,035
90$413,266,143$11,238,515$0$227,745,987
91$455,142,243$11,512,156$0$250,463,342
92$501,280,979$11,790,479$0$275,490,757
93$552,116,864$12,073,437$0$303,056,421
94$608,128,723$12,360,975$0$333,418,867
95$669,844,215$12,653,024$0$366,862,990
96$737,844,807$12,949,504$0$403,702,740
97$812,771,268$13,250,321$0$444,284,079
98$895,329,717$13,555,366$0$488,988,252
99$986,298,284$13,864,516$0$538,235,383
100$1,086,534,461$14,177,629$0$592,488,442