Can I retire at age 35 with 2,440,000?

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 $2,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$201,493$199,698$197,947$196,238$194,569$189,788
2 years$99,749$97,891$96,091$94,345$92,652$87,865
3 years$65,839$63,973$62,177$60,448$58,782$54,139
4 years$48,887$47,027$45,249$43,549$41,924$37,459
5 years$38,719$36,870$35,115$33,450$31,870$27,597
6 years$31,942$30,107$28,378$26,750$25,218$21,141
7 years$27,103$25,284$23,582$21,993$20,509$16,628
8 years$23,476$21,673$20,000$18,449$17,014$13,328
9 years$20,656$18,870$17,226$15,715$14,328$10,834
10 years$18,402$16,633$15,018$13,546$12,208$8,901
11 years$16,558$14,807$13,221$11,789$10,500$7,375
12 years$15,023$13,290$11,734$10,341$9,099$6,152
13 years$13,725$12,011$10,483$9,129$7,934$5,159
14 years$12,614$10,917$9,419$8,104$6,955$4,346
15 years$11,651$9,973$8,504$7,227$6,124$3,674
16 years$10,810$9,150$7,710$6,471$5,412$3,115
17 years$10,069$8,427$7,016$5,814$4,799$2,648
18 years$9,410$7,787$6,405$5,240$4,267$2,256
19 years$8,822$7,217$5,863$4,735$3,803$1,925
20 years$8,293$6,706$5,381$4,288$3,397$1,645
21 years$7,815$6,247$4,950$3,892$3,040$1,408
22 years$7,381$5,831$4,562$3,539$2,725$1,206
23 years$6,985$5,454$4,212$3,223$2,446$1,034
24 years$6,623$5,110$3,895$2,939$2,199$887
25 years$6,291$4,795$3,608$2,684$1,978$762
26 years$5,984$4,507$3,346$2,454$1,782$654
27 years$5,701$4,241$3,107$2,247$1,607$562
28 years$5,438$3,997$2,889$2,058$1,450$484
29 years$5,194$3,770$2,688$1,888$1,309$416
30 years$4,967$3,561$2,504$1,732$1,183$358
31 years$4,754$3,366$2,334$1,591$1,069$308
32 years$4,556$3,185$2,178$1,462$967$265
33 years$4,370$3,016$2,033$1,345$875$228
34 years$4,195$2,859$1,900$1,237$793$197
35 years$4,030$2,711$1,776$1,139$718$169
36 years$3,875$2,573$1,662$1,049$650$146
37 years$3,729$2,444$1,555$966$590$126
38 years$3,591$2,323$1,457$891$534$108
39 years$3,460$2,209$1,365$821$485$93
40 years$3,336$2,102$1,279$758$440$80
41 years$3,218$2,000$1,199$699$399$69
42 years$3,106$1,905$1,125$645$362$60
43 years$3,000$1,815$1,056$595$328$51
44 years$2,899$1,730$991$550$298$44
45 years$2,803$1,650$930$508$271$38
46 years$2,711$1,574$874$469$246$33
47 years$2,623$1,502$821$433$223$28
48 years$2,539$1,434$772$400$203$24
49 years$2,459$1,369$725$370$184$21
50 years$2,382$1,308$682$342$167$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,440,000, adding $4,212 every year, while hoping to spend $41,981 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: 55/15/30 Blend
34$2,440,000$2,440,000$2,440,000$2,440,000
35$2,693,225$2,563,905$2,526,085$2,818,687
36$2,923,266$2,644,869$2,566,041$2,986,846
37$3,175,365$2,728,393$2,605,929$3,165,256
38$3,451,726$2,814,558$2,645,702$3,358,755
39$3,754,779$2,903,448$2,685,310$3,568,813
40$4,087,200$2,995,150$2,724,701$3,797,049
41$4,451,934$3,089,753$2,763,818$4,045,245
42$4,852,228$3,187,348$2,802,603$4,315,366
43$5,291,658$3,288,030$2,840,992$4,609,574
44$5,774,161$3,391,897$2,878,920$4,930,251
45$6,304,076$3,499,051$2,916,314$5,280,020
46$6,886,183$3,609,595$2,953,101$5,661,771
47$7,525,745$3,723,637$2,989,202$6,078,689
48$8,228,564$3,841,289$3,024,534$6,534,280
49$9,001,029$3,962,663$3,059,007$7,032,408
50$9,850,180$4,087,880$3,092,530$7,577,329
51$10,783,772$4,217,060$3,125,003$8,173,734
52$11,810,351$4,350,329$3,156,324$8,826,788
53$12,939,329$4,487,817$3,186,383$9,542,186
54$14,181,078$4,629,659$3,215,065$10,326,197
55$15,547,028$4,775,991$3,242,250$11,185,734
56$17,049,768$4,926,958$3,267,808$12,128,410
57$18,703,171$5,082,706$3,291,606$13,162,615
58$20,522,522$5,243,386$3,313,503$14,297,595
59$22,524,664$5,409,157$3,333,350$15,543,535
60$24,728,153$5,580,178$3,350,990$16,911,660
61$27,153,436$5,756,618$3,366,259$18,414,339
62$29,823,042$5,938,648$3,378,985$20,065,200
63$32,761,797$6,126,447$3,388,986$21,879,261
64$35,997,054$6,320,196$3,396,071$23,873,073
65$39,558,954$6,520,087$3,400,040$26,064,870
66$43,480,710$6,726,313$3,400,683$28,474,750
67$47,798,917$6,939,077$3,397,781$31,124,856
68$52,553,901$7,158,587$3,391,101$34,039,591
69$57,790,097$7,385,056$3,380,401$37,245,846
70$63,556,470$7,618,707$3,365,428$40,773,255
71$69,906,975$7,859,768$3,345,914$44,654,473
72$76,901,064$8,108,475$3,321,581$48,925,487
73$84,604,254$8,365,071$3,292,134$53,625,951
74$93,088,736$8,629,808$3,257,269$58,799,568
75$102,434,063$8,902,944$3,216,664$64,494,495
76$112,727,897$9,184,748$3,169,982$70,763,803
77$124,066,838$9,475,496$3,116,871$77,665,974
78$136,557,332$9,775,472$3,056,963$85,265,458
79$150,316,680$10,084,971$2,989,872$93,633,278
80$165,474,143$10,404,296$2,915,194$102,847,700
81$182,172,159$10,733,760$2,832,507$112,994,977
82$200,567,693$11,073,687$2,741,369$124,170,158
83$220,833,711$11,424,411$2,641,318$136,477,987
84$243,160,818$11,786,276$2,531,871$150,033,897
85$267,759,055$12,159,637$2,412,522$164,965,091
86$294,859,881$12,544,862$2,282,744$181,411,752
87$324,718,358$12,942,329$2,141,985$199,528,361
88$357,615,557$13,352,430$1,989,668$219,485,160
89$393,861,211$13,775,566$1,825,189$241,469,754
90$433,796,642$14,212,156$1,647,920$265,688,888
91$477,797,976$14,662,629$1,457,203$292,370,399
92$526,279,700$15,127,428$1,252,350$321,765,363
93$579,698,570$15,607,012$1,032,643$354,150,470
94$638,557,922$16,101,853$797,334$389,830,634
95$703,412,425$16,612,440$545,641$429,141,877
96$774,873,319$17,139,275$276,746$472,454,496
97$853,614,177$17,682,880$0$520,176,562
98$940,377,272$18,243,790$0$572,761,047
99$1,035,980,578$18,822,560$0$630,795,003
100$1,141,325,493$19,419,761$0$694,736,178