Can I retire at age 35 with 2,470,000?

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 $2,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$203,970$202,153$200,381$198,651$196,961$193,142
2 years$100,975$99,095$97,272$95,505$93,791$89,959
3 years$66,648$64,760$62,942$61,191$59,505$55,779
4 years$49,488$47,605$45,805$44,085$42,439$38,849
5 years$39,195$37,323$35,547$33,861$32,262$28,817
6 years$32,335$30,477$28,727$27,079$25,528$22,232
7 years$27,436$25,595$23,872$22,263$20,761$17,615
8 years$23,765$21,939$20,246$18,676$17,223$14,226
9 years$20,910$19,102$17,438$15,908$14,504$11,654
10 years$18,628$16,838$15,202$13,713$12,358$9,653
11 years$16,762$14,989$13,384$11,934$10,629$8,064
12 years$15,208$13,454$11,878$10,468$9,211$6,784
13 years$13,894$12,158$10,612$9,242$8,032$5,739
14 years$12,769$11,052$9,535$8,204$7,041$4,877
15 years$11,795$10,096$8,609$7,316$6,199$4,160
16 years$10,943$9,263$7,805$6,551$5,479$3,560
17 years$10,192$8,531$7,102$5,886$4,858$3,055
18 years$9,526$7,883$6,484$5,304$4,319$2,627
19 years$8,930$7,306$5,935$4,793$3,850$2,264
20 years$8,395$6,789$5,447$4,341$3,439$1,954
21 years$7,911$6,323$5,010$3,940$3,077$1,688
22 years$7,472$5,903$4,618$3,582$2,758$1,461
23 years$7,071$5,521$4,264$3,262$2,476$1,265
24 years$6,705$5,172$3,943$2,975$2,226$1,097
25 years$6,368$4,854$3,652$2,717$2,003$952
26 years$6,058$4,562$3,387$2,485$1,804$826
27 years$5,771$4,293$3,145$2,274$1,626$717
28 years$5,505$4,046$2,924$2,084$1,468$624
29 years$5,258$3,817$2,721$1,911$1,325$542
30 years$5,028$3,604$2,535$1,754$1,197$471
31 years$4,813$3,407$2,363$1,611$1,083$410
32 years$4,612$3,224$2,205$1,480$979$357
33 years$4,423$3,053$2,058$1,361$886$311
34 years$4,246$2,894$1,923$1,252$802$270
35 years$4,080$2,745$1,798$1,153$727$236
36 years$3,923$2,605$1,682$1,062$658$205
37 years$3,775$2,474$1,574$978$597$179
38 years$3,635$2,351$1,474$902$541$156
39 years$3,502$2,236$1,381$831$491$136
40 years$3,377$2,127$1,295$767$445$118
41 years$3,258$2,025$1,214$707$404$103
42 years$3,145$1,929$1,139$653$366$90
43 years$3,037$1,838$1,069$603$332$78
44 years$2,935$1,752$1,003$557$302$68
45 years$2,837$1,670$942$514$274$59
46 years$2,744$1,593$885$475$249$52
47 years$2,655$1,521$831$439$226$45
48 years$2,570$1,452$781$405$205$39
49 years$2,489$1,386$734$375$186$34
50 years$2,412$1,324$690$346$169$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,470,000, adding $3,256 every year, while hoping to spend $22,429 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: 82/13/5 Blend
34$2,470,000$2,470,000$2,470,000$2,470,000
35$2,725,299$2,594,389$2,556,104$2,948,264
36$2,979,415$2,697,649$2,617,869$3,197,663
37$3,258,699$2,805,218$2,680,951$3,468,033
38$3,565,695$2,917,282$2,745,372$3,764,129
39$3,903,205$3,034,038$2,811,151$4,088,511
40$4,274,315$3,155,690$2,878,308$4,443,997
41$4,682,428$3,282,451$2,946,864$4,833,691
42$5,131,291$3,414,546$3,016,839$5,261,012
43$5,625,032$3,552,208$3,088,252$5,729,722
44$6,168,200$3,695,682$3,161,124$6,243,968
45$6,765,809$3,845,222$3,235,474$6,808,314
46$7,423,380$4,001,097$3,311,320$7,427,788
47$8,146,997$4,163,584$3,388,683$8,107,928
48$8,943,367$4,332,975$3,467,580$8,854,834
49$9,819,876$4,509,576$3,548,029$9,675,222
50$10,784,663$4,693,705$3,630,048$10,576,494
51$11,846,699$4,885,697$3,713,654$11,566,800
52$13,015,865$5,085,898$3,798,864$12,655,120
53$14,303,051$5,294,675$3,885,694$13,851,344
54$15,720,256$5,512,409$3,974,159$15,166,368
55$17,280,703$5,739,498$4,064,274$16,612,195
56$18,998,960$5,976,359$4,156,053$18,202,049
57$20,891,082$6,223,428$4,249,509$19,950,496
58$22,974,758$6,481,162$4,344,653$21,873,585
59$25,269,482$6,750,037$4,441,498$23,988,997
60$27,796,734$7,030,554$4,540,052$26,316,210
61$30,580,183$7,323,233$4,640,326$28,876,686
62$33,645,912$7,628,621$4,742,327$31,694,067
63$37,022,661$7,947,290$4,846,061$34,794,404
64$40,742,102$8,279,837$4,951,534$38,206,399
65$44,839,134$8,626,887$5,058,748$41,961,673
66$49,352,216$8,989,095$5,167,707$46,095,069
67$54,323,727$9,367,144$5,278,409$50,644,974
68$59,800,365$9,761,753$5,390,854$55,653,687
69$65,833,592$10,173,669$5,505,038$61,167,812
70$72,480,117$10,603,676$5,620,954$67,238,699
71$79,802,429$11,052,597$5,738,597$73,922,930
72$87,869,391$11,521,289$5,857,954$81,282,847
73$96,756,888$12,010,651$5,979,014$89,387,145
74$106,548,541$12,521,623$6,101,762$98,311,516
75$117,336,500$13,055,190$6,226,179$108,139,363
76$129,222,310$13,612,382$6,352,243$118,962,586
77$142,317,875$14,194,278$6,479,932$130,882,452
78$156,746,506$14,802,005$6,609,218$144,010,542
79$172,644,092$15,436,746$6,740,069$158,469,812
80$190,160,379$16,099,736$6,872,451$174,395,744
81$209,460,385$16,792,270$7,006,325$191,937,630
82$230,725,956$17,515,704$7,141,650$211,259,977
83$254,157,485$18,271,455$7,278,376$232,544,058
84$279,975,801$19,061,008$7,416,454$255,989,623
85$308,424,254$19,885,919$7,555,826$281,816,783
86$339,771,013$20,747,814$7,696,432$310,268,086
87$374,311,597$21,648,398$7,838,203$341,610,803
88$412,371,665$22,589,454$7,981,068$376,139,453
89$454,310,088$23,572,852$8,124,948$414,178,577
90$500,522,342$24,600,545$8,269,758$456,085,803
91$551,444,232$25,674,584$8,415,406$502,255,222
92$607,556,017$26,797,112$8,561,796$553,121,098
93$669,386,935$27,970,374$8,708,820$609,161,975
94$737,520,203$29,196,723$8,856,366$670,905,187
95$812,598,522$30,478,621$9,004,312$738,931,833
96$895,330,144$31,818,646$9,152,529$813,882,264
97$986,495,558$33,219,499$9,300,879$896,462,122
98$1,086,954,860$34,684,010$9,449,213$987,449,003
99$1,197,655,868$36,215,139$9,597,374$1,087,699,790
100$1,319,643,075$37,815,989$9,745,195$1,198,158,742