Can I retire at age 35 with 2,520,000?

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 $2,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$208,099$206,246$204,437$202,672$200,948$194,985
2 years$103,019$101,101$99,241$97,438$95,690$89,731
3 years$67,997$66,070$64,216$62,430$60,709$54,942
4 years$50,490$48,569$46,733$44,977$43,299$37,767
5 years$39,988$38,079$36,266$34,547$32,915$27,634
6 years$32,989$31,094$29,309$27,627$26,044$21,019
7 years$27,992$26,113$24,356$22,714$21,181$16,411
8 years$24,246$22,383$20,655$19,054$17,572$13,054
9 years$21,333$19,489$17,791$16,230$14,798$10,528
10 years$19,005$17,178$15,510$13,990$12,609$8,580
11 years$17,101$15,293$13,655$12,176$10,844$7,050
12 years$15,516$13,726$12,118$10,680$9,397$5,831
13 years$14,175$12,404$10,827$9,429$8,194$4,847
14 years$13,027$11,275$9,728$8,370$7,183$4,046
15 years$12,033$10,300$8,783$7,464$6,325$3,390
16 years$11,165$9,450$7,963$6,683$5,590$2,848
17 years$10,399$8,703$7,246$6,005$4,956$2,398
18 years$9,719$8,042$6,615$5,412$4,407$2,023
19 years$9,111$7,453$6,056$4,890$3,928$1,709
20 years$8,565$6,926$5,558$4,429$3,508$1,447
21 years$8,071$6,451$5,112$4,019$3,140$1,225
22 years$7,623$6,022$4,711$3,655$2,814$1,039
23 years$7,214$5,632$4,350$3,328$2,526$882
24 years$6,840$5,277$4,023$3,036$2,271$749
25 years$6,497$4,952$3,726$2,772$2,043$636
26 years$6,180$4,654$3,456$2,535$1,840$541
27 years$5,888$4,380$3,209$2,320$1,659$460
28 years$5,617$4,128$2,983$2,126$1,497$391
29 years$5,364$3,894$2,776$1,949$1,352$333
30 years$5,130$3,677$2,586$1,789$1,222$284
31 years$4,910$3,476$2,411$1,643$1,104$241
32 years$4,705$3,289$2,249$1,510$999$206
33 years$4,513$3,115$2,100$1,389$904$175
34 years$4,332$2,952$1,962$1,278$819$149
35 years$4,162$2,800$1,835$1,176$741$127
36 years$4,002$2,658$1,716$1,083$672$108
37 years$3,851$2,524$1,606$998$609$92
38 years$3,708$2,399$1,504$920$552$79
39 years$3,573$2,281$1,409$848$501$67
40 years$3,445$2,170$1,321$782$454$57
41 years$3,324$2,066$1,239$722$412$49
42 years$3,208$1,968$1,162$666$374$42
43 years$3,099$1,875$1,090$615$339$35
44 years$2,994$1,787$1,023$568$308$30
45 years$2,895$1,704$961$524$280$26
46 years$2,800$1,626$903$484$254$22
47 years$2,709$1,551$848$447$230$19
48 years$2,622$1,481$797$414$209$16
49 years$2,540$1,414$749$382$190$14
50 years$2,460$1,351$704$353$173$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,520,000, adding $4,994 every year, while hoping to spend $55,085 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: 43/37/20 Blend
34$2,520,000$2,520,000$2,520,000$2,520,000
35$2,782,191$2,648,631$2,609,571$2,885,427
36$3,007,365$2,719,804$2,638,382$3,030,087
37$3,253,660$2,792,618$2,666,312$3,180,958
38$3,523,172$2,867,096$2,693,272$3,343,279
39$3,818,211$2,943,259$2,719,172$3,518,136
40$4,141,317$3,021,127$2,743,913$3,706,719
41$4,495,291$3,100,721$2,767,393$3,910,343
42$4,883,213$3,182,060$2,789,503$4,130,452
43$5,308,480$3,265,159$2,810,131$4,368,639
44$5,774,830$3,350,037$2,829,155$4,626,657
45$6,286,382$3,436,708$2,846,451$4,906,438
46$6,847,671$3,525,185$2,861,886$5,210,109
47$7,463,694$3,615,480$2,875,320$5,540,014
48$8,139,955$3,707,603$2,886,607$5,898,734
49$8,882,516$3,801,561$2,895,594$6,289,113
50$9,698,055$3,897,360$2,902,118$6,714,285
51$10,593,929$3,995,003$2,906,012$7,177,703
52$11,578,242$4,094,491$2,907,096$7,683,170
53$12,659,923$4,195,821$2,905,184$8,234,877
54$13,848,807$4,298,988$2,900,079$8,837,444
55$15,155,732$4,403,984$2,891,578$9,495,960
56$16,592,634$4,510,797$2,879,463$10,216,032
57$18,172,667$4,619,411$2,863,510$11,003,841
58$19,910,323$4,729,805$2,843,481$11,866,197
59$21,821,566$4,841,957$2,819,128$12,810,606
60$23,923,989$4,955,836$2,790,192$13,845,338
61$26,236,973$5,071,409$2,756,401$14,979,508
62$28,781,873$5,188,636$2,717,468$16,223,161
63$31,582,217$5,307,472$2,673,096$17,587,368
64$34,663,930$5,427,866$2,622,973$19,084,330
65$38,055,579$5,549,759$2,566,770$20,727,493
66$41,788,638$5,673,087$2,504,147$22,531,674
67$45,897,788$5,797,777$2,434,744$24,513,208
68$50,421,242$5,923,748$2,358,188$26,690,093
69$55,401,107$6,050,910$2,274,087$29,082,166
70$60,883,782$6,179,166$2,182,030$31,711,291
71$66,920,389$6,308,407$2,081,590$34,601,563
72$73,567,265$6,438,515$1,972,318$37,779,539
73$80,886,482$6,569,359$1,853,748$41,274,487
74$88,946,444$6,700,798$1,725,389$45,118,663
75$97,822,522$6,832,678$1,586,730$49,347,620
76$107,597,772$6,964,832$1,437,238$54,000,537
77$118,363,714$7,097,078$1,276,355$59,120,599
78$130,221,198$7,229,219$1,103,498$64,755,397
79$143,281,353$7,361,044$918,058$70,957,383
80$157,666,638$7,492,322$719,400$77,784,366
81$173,511,995$7,622,806$506,860$85,300,056
82$190,966,125$7,752,230$279,746$93,574,671
83$210,192,887$7,880,307$37,335$102,685,597
84$231,372,848$8,006,728$0$112,718,121
85$254,704,983$8,131,163$0$123,813,479
86$280,408,558$8,253,256$0$136,039,599
87$308,725,193$8,372,628$0$149,502,850
88$339,921,146$8,488,870$0$164,329,242
89$374,289,825$8,601,546$0$180,657,639
90$412,154,556$8,710,191$0$198,641,070
91$453,871,635$8,814,305$0$218,448,175
92$499,833,692$8,913,355$0$240,264,797
93$550,473,393$9,006,775$0$264,295,738
94$606,267,529$9,093,957$0$290,766,693
95$667,741,511$9,174,255$0$319,926,380
96$735,474,333$9,246,980$0$352,048,894
97$810,104,032$9,311,400$0$387,436,288
98$892,333,717$9,366,732$0$426,421,433
99$982,938,201$9,412,147$0$469,371,158
100$1,082,771,316$9,446,760$0$516,689,714