Can I retire at age 35 with 2,540,000?

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 $2,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$209,751$207,882$206,060$204,280$202,543$197,167
2 years$103,837$101,903$100,029$98,212$96,449$91,070
3 years$68,537$66,595$64,725$62,925$61,191$55,978
4 years$50,891$48,954$47,103$45,334$43,642$38,634
5 years$40,305$38,381$36,554$34,821$33,176$28,388
6 years$33,251$31,341$29,541$27,847$26,251$21,687
7 years$28,214$26,320$24,549$22,894$21,349$17,010
8 years$24,438$22,561$20,819$19,205$17,711$13,594
9 years$21,503$19,643$17,932$16,359$14,915$11,017
10 years$19,156$17,315$15,633$14,101$12,709$9,023
11 years$17,237$15,414$13,763$12,272$10,930$7,453
12 years$15,639$13,835$12,215$10,765$9,472$6,196
13 years$14,288$12,503$10,913$9,503$8,259$5,179
14 years$13,131$11,365$9,805$8,436$7,240$4,347
15 years$12,129$10,382$8,853$7,524$6,375$3,662
16 years$11,253$9,525$8,026$6,737$5,634$3,094
17 years$10,481$8,772$7,304$6,053$4,996$2,621
18 years$9,796$8,106$6,667$5,455$4,442$2,224
19 years$9,183$7,513$6,104$4,929$3,959$1,891
20 years$8,633$6,981$5,602$4,464$3,536$1,610
21 years$8,135$6,503$5,152$4,051$3,165$1,372
22 years$7,683$6,070$4,749$3,684$2,837$1,171
23 years$7,272$5,677$4,385$3,355$2,546$1,000
24 years$6,895$5,319$4,055$3,060$2,289$855
25 years$6,549$4,992$3,756$2,794$2,059$731
26 years$6,229$4,691$3,483$2,555$1,855$625
27 years$5,934$4,415$3,235$2,339$1,673$535
28 years$5,661$4,160$3,007$2,143$1,509$458
29 years$5,407$3,925$2,798$1,965$1,363$393
30 years$5,170$3,707$2,606$1,803$1,231$337
31 years$4,949$3,504$2,430$1,656$1,113$288
32 years$4,743$3,315$2,267$1,522$1,007$247
33 years$4,549$3,140$2,117$1,400$911$212
34 years$4,367$2,976$1,978$1,288$825$182
35 years$4,195$2,822$1,849$1,185$747$156
36 years$4,034$2,679$1,730$1,092$677$134
37 years$3,882$2,544$1,619$1,006$614$115
38 years$3,738$2,418$1,516$927$556$98
39 years$3,602$2,299$1,421$855$505$84
40 years$3,473$2,188$1,331$789$458$72
41 years$3,350$2,082$1,248$728$415$62
42 years$3,234$1,983$1,171$671$377$53
43 years$3,123$1,890$1,099$620$342$46
44 years$3,018$1,801$1,032$572$310$39
45 years$2,918$1,718$969$529$282$34
46 years$2,822$1,639$910$488$256$29
47 years$2,731$1,564$855$451$232$25
48 years$2,643$1,493$803$417$211$21
49 years$2,560$1,425$755$385$192$18
50 years$2,480$1,362$710$356$174$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,540,000, adding $2,699 every year, while hoping to spend $58,333 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: 40/33/27 Blend
34$2,540,000$2,540,000$2,540,000$2,540,000
35$2,801,864$2,667,244$2,627,874$2,891,493
36$3,025,588$2,735,873$2,653,842$3,025,395
37$3,270,177$2,805,910$2,678,725$3,164,527
38$3,537,698$2,877,362$2,702,424$3,313,931
39$3,830,425$2,950,235$2,724,838$3,474,583
40$4,150,865$3,024,533$2,745,856$3,647,560
41$4,501,777$3,100,258$2,765,366$3,834,046
42$4,886,198$3,177,411$2,783,246$4,035,347
43$5,307,475$3,255,990$2,799,370$4,252,902
44$5,769,294$3,335,989$2,813,605$4,488,298
45$6,275,713$3,417,403$2,825,811$4,743,282
46$6,831,201$3,500,222$2,835,842$5,019,780
47$7,440,684$3,584,433$2,843,542$5,319,916
48$8,109,584$3,670,020$2,848,751$5,646,030
49$8,843,875$3,756,964$2,851,298$6,000,701
50$9,650,137$3,845,243$2,851,004$6,386,772
51$10,535,621$3,934,829$2,847,682$6,807,377
52$11,508,310$4,025,692$2,841,135$7,265,972
53$12,577,003$4,117,796$2,831,158$7,766,363
54$13,751,390$4,211,101$2,817,535$8,312,749
55$15,042,148$4,305,561$2,800,038$8,909,757
56$16,461,038$4,401,125$2,778,431$9,562,489
57$18,021,021$4,497,736$2,752,465$10,276,567
58$19,736,371$4,595,332$2,721,879$11,058,191
59$21,622,819$4,693,841$2,686,400$11,914,194
60$23,697,695$4,793,188$2,645,743$12,852,108
61$25,980,093$4,893,287$2,599,608$13,880,239
62$28,491,050$4,994,046$2,547,683$15,007,739
63$31,253,747$5,095,364$2,489,639$16,244,701
64$34,293,721$5,197,129$2,425,134$17,602,248
65$37,639,113$5,299,221$2,353,810$19,092,643
66$41,320,930$5,401,510$2,275,289$20,729,404
67$45,373,335$5,503,854$2,189,181$22,527,431
68$49,833,972$5,606,099$2,095,076$24,503,152
69$54,744,319$5,708,080$1,992,543$26,674,673
70$60,150,081$5,809,617$1,881,134$29,061,953
71$66,101,618$5,910,518$1,760,382$31,686,995
72$72,654,424$6,010,574$1,629,795$34,574,051
73$79,869,645$6,109,562$1,488,863$37,749,854
74$87,814,659$6,207,241$1,337,050$41,243,874
75$96,563,712$6,303,353$1,173,798$45,088,592
76$106,198,614$6,397,621$998,524$49,319,813
77$116,809,516$6,489,748$810,619$53,977,003
78$128,495,758$6,579,417$609,446$59,103,663
79$141,366,805$6,666,288$394,341$64,747,743
80$155,543,279$6,749,996$164,612$70,962,095
81$171,158,101$6,830,153$0$77,804,974
82$188,357,741$6,906,344$0$85,363,796
83$207,303,602$6,978,126$0$93,738,246
84$228,173,542$7,045,027$0$102,959,085
85$251,163,552$7,106,543$0$113,112,531
86$276,489,607$7,162,136$0$124,293,597
87$304,389,703$7,211,236$0$136,606,993
88$335,126,099$7,253,234$0$150,168,109
89$368,987,801$7,287,482$0$165,104,114
90$406,293,280$7,313,292$0$181,555,148
91$447,393,482$7,329,931$0$199,675,654
92$492,675,141$7,336,621$0$219,635,832
93$542,564,426$7,332,536$0$241,623,250
94$597,530,966$7,316,799$0$265,844,613
95$658,092,279$7,288,476$0$292,527,719
96$724,818,660$7,246,581$0$321,923,609
97$798,338,563$7,190,062$0$354,308,939
98$879,344,531$7,117,810$0$389,988,596
99$968,599,733$7,028,642$0$429,298,573
100$1,066,945,171$6,921,311$0$472,609,148