Can I retire at age 35 with 2,640,000?

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 $2,640,000?

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$218,009$216,067$214,172$212,323$210,517$205,345
2 years$107,925$105,915$103,967$102,078$100,246$95,067
3 years$71,235$69,217$67,274$65,403$63,600$58,576
4 years$52,894$50,882$48,958$47,119$45,360$40,530
5 years$41,892$39,892$37,993$36,192$34,482$29,859
6 years$34,560$32,575$30,704$28,943$27,285$22,873
7 years$29,325$27,356$25,515$23,796$22,190$17,991
8 years$25,400$23,449$21,639$19,961$18,408$14,420
9 years$22,349$20,417$18,638$17,003$15,503$11,722
10 years$19,910$17,996$16,249$14,657$13,209$9,631
11 years$17,916$16,021$14,305$12,756$11,360$7,980
12 years$16,255$14,380$12,695$11,188$9,844$6,656
13 years$14,850$12,995$11,343$9,878$8,585$5,582
14 years$13,648$11,812$10,191$8,768$7,525$4,702
15 years$12,606$10,791$9,201$7,820$6,626$3,975
16 years$11,696$9,900$8,342$7,002$5,856$3,370
17 years$10,894$9,118$7,591$6,291$5,192$2,865
18 years$10,181$8,425$6,930$5,669$4,617$2,440
19 years$9,545$7,808$6,344$5,123$4,115$2,083
20 years$8,973$7,256$5,822$4,640$3,676$1,780
21 years$8,455$6,759$5,355$4,211$3,289$1,523
22 years$7,986$6,309$4,936$3,829$2,948$1,304
23 years$7,558$5,901$4,557$3,487$2,647$1,118
24 years$7,166$5,528$4,215$3,180$2,379$960
25 years$6,806$5,188$3,904$2,904$2,141$824
26 years$6,475$4,876$3,620$2,656$1,928$708
27 years$6,168$4,589$3,362$2,431$1,738$608
28 years$5,884$4,324$3,125$2,227$1,569$523
29 years$5,620$4,079$2,908$2,042$1,416$450
30 years$5,374$3,852$2,709$1,874$1,280$387
31 years$5,144$3,642$2,526$1,721$1,157$333
32 years$4,929$3,446$2,356$1,582$1,047$287
33 years$4,728$3,263$2,200$1,455$947$247
34 years$4,539$3,093$2,056$1,339$858$213
35 years$4,361$2,934$1,922$1,232$777$183
36 years$4,193$2,784$1,798$1,135$704$158
37 years$4,035$2,645$1,683$1,046$638$136
38 years$3,885$2,513$1,576$964$578$117
39 years$3,743$2,390$1,476$889$524$101
40 years$3,609$2,274$1,384$820$476$87
41 years$3,482$2,164$1,298$756$432$75
42 years$3,361$2,061$1,217$698$392$65
43 years$3,246$1,964$1,142$644$355$56
44 years$3,137$1,872$1,072$595$323$48
45 years$3,032$1,785$1,007$549$293$41
46 years$2,933$1,703$946$507$266$36
47 years$2,838$1,625$888$469$241$31
48 years$2,747$1,551$835$433$219$26
49 years$2,661$1,482$785$400$199$23
50 years$2,578$1,415$738$370$181$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,640,000, adding $2,889 every year, while hoping to spend $39,371 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: 60/17/23 Blend
34$2,640,000$2,640,000$2,640,000$2,640,000
35$2,912,260$2,772,340$2,731,420$3,069,020
36$3,167,420$2,866,294$2,781,032$3,269,745
37$3,447,287$2,963,533$2,830,987$3,484,110
38$3,754,339$3,064,175$2,881,254$3,717,134
39$4,091,307$3,168,344$2,931,801$3,970,637
40$4,461,197$3,276,170$2,982,593$4,246,622
41$4,867,321$3,387,785$3,033,592$4,547,295
42$5,313,330$3,503,328$3,084,760$4,875,082
43$5,803,242$3,622,944$3,136,052$5,232,659
44$6,341,486$3,746,781$3,187,422$5,622,967
45$6,932,940$3,874,995$3,238,823$6,049,249
46$7,582,977$4,007,748$3,290,201$6,515,075
47$8,297,519$4,145,205$3,341,501$7,024,376
48$9,083,088$4,287,543$3,392,663$7,581,482
49$9,946,870$4,434,940$3,443,625$8,191,163
50$10,896,784$4,587,585$3,494,319$8,858,669
51$11,941,552$4,745,672$3,544,675$9,589,789
52$13,090,785$4,909,405$3,594,616$10,390,893
53$14,355,072$5,078,993$3,644,063$11,269,004
54$15,746,081$5,254,655$3,692,930$12,231,854
55$17,276,667$5,436,618$3,741,129$13,287,962
56$18,960,993$5,625,119$3,788,564$14,446,713
57$20,814,668$5,820,403$3,835,134$15,718,447
58$22,854,886$6,022,725$3,880,733$17,114,554
59$25,100,596$6,232,351$3,925,249$18,647,583
60$27,572,676$6,449,554$3,968,564$20,331,360
61$30,294,130$6,674,624$4,010,552$22,181,118
62$33,290,307$6,907,856$4,051,081$24,213,637
63$36,589,138$7,149,561$4,090,012$26,447,411
64$40,221,402$7,400,062$4,127,200$28,902,810
65$44,221,012$7,659,692$4,162,488$31,602,283
66$48,625,339$7,928,800$4,195,715$34,570,563
67$53,475,561$8,207,749$4,226,709$37,834,901
68$58,817,055$8,496,915$4,255,290$41,425,324
69$64,699,821$8,796,691$4,281,269$45,374,918
70$71,178,958$9,107,483$4,304,446$49,720,140
71$78,315,178$9,429,716$4,324,612$54,501,159
72$86,175,386$9,763,832$4,341,546$59,762,238
73$94,833,305$10,110,290$4,355,017$65,552,151
74$104,370,175$10,469,566$4,364,783$71,924,642
75$114,875,517$10,842,160$4,370,588$78,938,930
76$126,447,981$11,228,587$4,372,164$86,660,271
77$139,196,274$11,629,387$4,369,230$95,160,572
78$153,240,187$12,045,120$4,361,492$104,519,069
79$168,711,725$12,476,369$4,348,641$114,823,074
80$185,756,352$12,923,742$4,330,352$126,168,801
81$204,534,366$13,387,872$4,306,285$138,662,270
82$225,222,410$13,869,416$4,276,084$152,420,311
83$248,015,138$14,369,060$4,239,375$167,571,664
84$273,127,057$14,887,519$4,195,769$184,258,193
85$300,794,544$15,425,534$4,144,854$202,636,229
86$331,278,083$15,983,881$4,086,203$222,878,039
87$364,864,722$16,563,366$4,019,365$245,173,457
88$401,870,780$17,164,827$3,943,870$269,731,672
89$442,644,837$17,789,141$3,859,227$296,783,203
90$487,571,020$18,437,219$3,764,921$326,582,077
91$537,072,630$19,110,009$3,660,412$359,408,222
92$591,616,140$19,808,501$3,545,137$395,570,113
93$651,715,594$20,533,725$3,418,507$435,407,679
94$717,937,462$21,286,755$3,279,905$479,295,517
95$790,905,988$22,068,710$3,128,686$527,646,422
96$871,309,078$22,880,757$2,964,177$580,915,289
97$959,904,801$23,724,110$2,785,673$639,603,399
98$1,057,528,536$24,600,037$2,592,438$704,263,160
99$1,165,100,865$25,509,858$2,383,704$775,503,313
100$1,283,636,262$26,454,949$2,158,666$853,994,682