Can I retire at age 35 with 2,460,000?

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 $2,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$203,145$201,335$199,570$197,846$196,164$193,793
2 years$100,567$98,694$96,878$95,118$93,411$91,025
3 years$66,378$64,497$62,687$60,943$59,264$56,937
4 years$49,288$47,412$45,620$43,906$42,268$40,017
5 years$39,036$37,172$35,403$33,724$32,131$29,964
6 years$32,204$30,354$28,611$26,970$25,424$23,344
7 years$27,325$25,491$23,776$22,173$20,677$18,683
8 years$23,668$21,850$20,164$18,600$17,153$15,246
9 years$20,825$19,025$17,367$15,843$14,446$12,625
10 years$18,552$16,769$15,141$13,657$12,308$10,572
11 years$16,694$14,929$13,330$11,886$10,586$8,933
12 years$15,146$13,399$11,830$10,426$9,173$7,602
13 years$13,838$12,109$10,569$9,204$7,999$6,507
14 years$12,717$11,007$9,496$8,170$7,012$5,597
15 years$11,747$10,055$8,574$7,287$6,174$4,834
16 years$10,899$9,225$7,774$6,524$5,457$4,189
17 years$10,151$8,496$7,074$5,862$4,838$3,641
18 years$9,487$7,851$6,457$5,283$4,302$3,172
19 years$8,894$7,276$5,911$4,774$3,834$2,769
20 years$8,361$6,761$5,425$4,323$3,425$2,422
21 years$7,879$6,298$4,990$3,924$3,065$2,122
22 years$7,441$5,879$4,599$3,568$2,747$1,861
23 years$7,043$5,498$4,247$3,249$2,466$1,635
24 years$6,678$5,152$3,927$2,963$2,217$1,437
25 years$6,342$4,834$3,637$2,706$1,995$1,265
26 years$6,033$4,544$3,374$2,474$1,797$1,114
27 years$5,748$4,276$3,133$2,265$1,620$982
28 years$5,483$4,029$2,912$2,075$1,462$866
29 years$5,237$3,801$2,710$1,903$1,320$764
30 years$5,007$3,590$2,524$1,746$1,193$674
31 years$4,793$3,394$2,353$1,604$1,078$595
32 years$4,593$3,211$2,196$1,474$975$526
33 years$4,405$3,041$2,050$1,356$883$465
34 years$4,229$2,882$1,916$1,247$799$411
35 years$4,063$2,734$1,791$1,148$724$363
36 years$3,907$2,595$1,675$1,057$656$321
37 years$3,760$2,464$1,568$974$594$284
38 years$3,620$2,342$1,468$898$539$251
39 years$3,488$2,227$1,376$828$489$222
40 years$3,363$2,119$1,290$764$443$197
41 years$3,245$2,017$1,209$705$402$174
42 years$3,132$1,921$1,134$650$365$154
43 years$3,025$1,830$1,064$600$331$136
44 years$2,923$1,744$999$554$301$121
45 years$2,826$1,664$938$512$273$107
46 years$2,733$1,587$881$473$248$95
47 years$2,645$1,514$828$437$225$84
48 years$2,560$1,446$778$404$204$74
49 years$2,479$1,381$731$373$186$66
50 years$2,402$1,319$687$345$169$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,460,000, adding $2,907 every year, while hoping to spend $29,574 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: 61/17/22 Blend
34$2,460,000$2,460,000$2,460,000$2,460,000
35$2,713,919$2,583,539$2,545,409$2,863,589
36$2,959,272$2,678,665$2,599,213$3,060,403
37$3,228,660$2,777,462$2,653,829$3,271,605
38$3,524,503$2,880,078$2,709,252$3,501,457
39$3,849,468$2,986,667$2,765,478$3,751,779
40$4,206,491$3,097,391$2,822,498$4,024,572
41$4,598,808$3,212,419$2,880,307$4,322,040
42$5,029,984$3,331,925$2,938,896$4,646,608
43$5,503,947$3,456,093$2,998,253$5,000,947
44$6,025,021$3,585,114$3,058,366$5,387,996
45$6,597,976$3,719,187$3,119,224$5,810,993
46$7,228,061$3,858,519$3,180,809$6,273,501
47$7,921,063$4,003,326$3,243,107$6,779,444
48$8,683,358$4,153,835$3,306,097$7,333,145
49$9,521,968$4,310,281$3,369,759$7,939,361
50$10,444,633$4,472,909$3,434,070$8,603,335
51$11,459,880$4,641,976$3,499,006$9,330,837
52$12,577,104$4,817,749$3,564,539$10,128,226
53$13,806,657$5,000,506$3,630,639$11,002,503
54$15,159,944$5,190,540$3,697,274$11,961,381
55$16,649,535$5,388,153$3,764,409$13,013,353
56$18,289,277$5,593,662$3,832,006$14,167,778
57$20,094,430$5,807,398$3,900,025$15,434,962
58$22,081,807$6,029,705$3,968,421$16,826,260
59$24,269,935$6,260,945$4,037,147$18,354,180
60$26,679,230$6,501,493$4,106,153$20,032,501
61$29,332,187$6,751,742$4,175,384$21,876,402
62$32,253,593$7,012,100$4,244,783$23,902,606
63$35,470,762$7,282,995$4,314,286$26,129,536
64$39,013,793$7,564,875$4,383,827$28,577,490
65$42,915,850$7,858,205$4,453,336$31,268,829
66$47,213,481$8,163,471$4,522,737$34,228,190
67$51,946,957$8,481,182$4,591,949$37,482,717
68$57,160,656$8,811,868$4,660,888$41,062,317
69$62,903,477$9,156,084$4,729,463$44,999,941
70$69,229,308$9,514,409$4,797,576$49,331,892
71$76,197,528$9,887,445$4,865,125$54,098,174
72$83,873,572$10,275,826$4,932,003$59,342,859
73$92,329,545$10,680,211$4,998,094$65,114,510
74$101,644,905$11,101,287$5,063,277$71,466,635
75$111,907,211$11,539,776$5,127,422$78,458,194
76$123,212,949$11,996,427$5,190,393$86,154,148
77$135,668,445$12,472,028$5,252,047$94,626,081
78$149,390,867$12,967,398$5,312,231$103,952,867
79$164,509,330$13,483,395$5,370,785$114,221,415
80$181,166,114$14,020,914$5,427,539$125,527,492
81$199,518,011$14,580,892$5,482,315$137,976,621
82$219,737,799$15,164,307$5,534,924$151,685,081
83$242,015,878$15,772,181$5,585,167$166,780,999
84$266,562,063$16,405,583$5,632,835$183,405,560
85$293,607,566$17,065,629$5,677,707$201,714,339
86$323,407,180$17,753,487$5,719,553$221,878,769
87$356,241,681$18,470,377$5,758,127$244,087,755
88$392,420,481$19,217,574$5,793,173$268,549,459
89$432,284,547$19,996,411$5,824,420$295,493,264
90$476,209,618$20,808,283$5,851,586$325,171,932
91$524,609,755$21,654,645$5,874,370$357,863,997
92$577,941,250$22,537,023$5,892,461$393,876,388
93$636,706,928$23,457,007$5,905,529$433,547,322
94$701,460,899$24,416,265$5,913,229$477,249,504
95$772,813,785$25,416,537$5,915,197$525,393,634
96$851,438,488$26,459,644$5,911,053$578,432,289
97$938,076,539$27,547,491$5,900,398$636,864,188
98$1,033,545,097$28,682,069$5,882,812$701,238,905
99$1,138,744,667$29,865,461$5,857,857$772,162,049
100$1,254,667,600$31,099,846$5,825,072$850,300,982