Can I retire at age 35 with 2,830,000?

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 $2,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$233,699$231,617$229,586$227,604$225,668$219,589
2 years$115,692$113,538$111,450$109,425$107,461$101,380
3 years$76,362$74,198$72,115$70,110$68,178$62,285
4 years$56,701$54,544$52,481$50,510$48,625$42,966
5 years$44,907$42,763$40,728$38,797$36,964$31,554
6 years$37,047$34,919$32,914$31,026$29,248$24,093
7 years$31,435$29,325$27,352$25,508$23,787$18,885
8 years$27,228$25,137$23,196$21,398$19,733$15,084
9 years$23,958$21,886$19,979$18,226$16,618$12,217
10 years$21,343$19,292$17,418$15,711$14,160$10,001
11 years$19,205$17,174$15,335$13,674$12,178$8,254
12 years$17,424$15,415$13,609$11,994$10,553$6,858
13 years$15,919$13,930$12,159$10,589$9,202$5,728
14 years$14,630$12,662$10,925$9,399$8,067$4,805
15 years$13,514$11,567$9,864$8,383$7,103$4,045
16 years$12,538$10,613$8,943$7,506$6,277$3,415
17 years$11,678$9,774$8,138$6,744$5,566$2,891
18 years$10,914$9,032$7,429$6,077$4,949$2,451
19 years$10,232$8,370$6,801$5,492$4,411$2,082
20 years$9,618$7,778$6,241$4,974$3,940$1,772
21 years$9,064$7,245$5,741$4,514$3,526$1,509
22 years$8,561$6,763$5,291$4,104$3,160$1,287
23 years$8,102$6,325$4,885$3,738$2,837$1,098
24 years$7,682$5,926$4,518$3,409$2,550$938
25 years$7,296$5,562$4,185$3,113$2,295$801
26 years$6,941$5,227$3,881$2,847$2,067$685
27 years$6,612$4,919$3,604$2,606$1,863$586
28 years$6,307$4,635$3,350$2,387$1,681$501
29 years$6,024$4,373$3,118$2,189$1,518$429
30 years$5,761$4,130$2,904$2,009$1,372$367
31 years$5,514$3,904$2,707$1,845$1,240$315
32 years$5,284$3,694$2,526$1,696$1,122$270
33 years$5,068$3,498$2,359$1,559$1,015$231
34 years$4,865$3,316$2,204$1,435$919$198
35 years$4,674$3,145$2,060$1,321$833$170
36 years$4,495$2,985$1,927$1,216$754$145
37 years$4,325$2,835$1,804$1,121$684$125
38 years$4,165$2,694$1,689$1,033$620$107
39 years$4,013$2,562$1,583$953$562$92
40 years$3,869$2,437$1,483$879$510$78
41 years$3,733$2,320$1,391$811$463$67
42 years$3,603$2,210$1,305$748$420$58
43 years$3,480$2,105$1,224$691$381$49
44 years$3,362$2,007$1,149$638$346$42
45 years$3,251$1,914$1,079$589$314$36
46 years$3,144$1,826$1,014$544$285$31
47 years$3,042$1,742$952$503$259$27
48 years$2,945$1,663$895$464$235$23
49 years$2,852$1,588$841$429$213$20
50 years$2,763$1,517$791$397$194$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,830,000, adding $4,180 every year, while hoping to spend $29,606 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: 76/6/18 Blend
34$2,830,000$2,830,000$2,830,000$2,830,000
35$3,122,972$2,972,982$2,929,117$3,347,201
36$3,410,014$3,087,157$2,995,742$3,610,283
37$3,725,343$3,205,935$3,063,606$3,894,564
38$4,071,811$3,329,510$3,132,720$4,205,462
39$4,452,564$3,458,083$3,203,095$4,545,625
40$4,871,065$3,591,868$3,274,737$4,917,970
41$5,331,129$3,731,085$3,347,656$5,325,707
42$5,836,961$3,875,966$3,421,860$5,772,375
43$6,393,192$4,026,749$3,497,354$6,261,868
44$7,004,927$4,183,689$3,574,144$6,798,477
45$7,677,786$4,347,047$3,652,235$7,386,929
46$8,417,966$4,517,097$3,731,630$8,032,431
47$9,232,290$4,694,127$3,812,332$8,740,716
48$10,128,281$4,878,436$3,894,341$9,518,104
49$11,114,222$5,070,336$3,977,659$10,371,552
50$12,199,245$5,270,155$4,062,282$11,308,727
51$13,393,408$5,478,232$4,148,208$12,338,076
52$14,707,795$5,694,926$4,235,434$13,468,904
53$16,154,621$5,920,608$4,323,951$14,711,462
54$17,747,341$6,155,666$4,413,752$16,077,043
55$19,500,785$6,400,509$4,504,828$17,578,090
56$21,431,291$6,655,560$4,597,166$19,228,313
57$23,556,864$6,921,264$4,690,752$21,042,816
58$25,897,342$7,198,084$4,785,570$23,038,240
59$28,474,586$7,486,505$4,881,602$25,232,920
60$31,312,684$7,787,033$4,978,825$27,647,061
61$34,438,179$8,100,199$5,077,217$30,302,921
62$37,880,320$8,426,556$5,176,751$33,225,026
63$41,671,336$8,766,681$5,277,396$36,440,401
64$45,846,744$9,121,180$5,379,120$39,978,823
65$50,445,679$9,490,685$5,481,888$43,873,102
66$55,511,266$9,875,856$5,585,659$48,159,390
67$61,091,027$10,277,385$5,690,390$52,877,525
68$67,237,329$10,695,994$5,796,035$58,071,400
69$74,007,876$11,132,437$5,902,542$63,789,384
70$81,466,258$11,587,505$6,009,856$70,084,772
71$89,682,546$12,062,023$6,117,916$77,016,293
72$98,733,958$12,556,854$6,226,658$84,648,659
73$108,705,584$13,072,901$6,336,013$93,053,180
74$119,691,189$13,611,109$6,445,905$102,308,433
75$131,794,101$14,172,465$6,556,254$112,501,003
76$145,128,184$14,758,001$6,666,973$123,726,303
77$159,818,914$15,368,797$6,777,971$136,089,471
78$176,004,558$16,005,983$6,889,149$149,706,365
79$193,837,488$16,670,741$7,000,400$164,704,652
80$213,485,611$17,364,307$7,111,613$181,225,016
81$235,133,959$18,087,974$7,222,668$199,422,484
82$258,986,433$18,843,094$7,333,437$219,467,887
83$285,267,725$19,631,082$7,443,784$241,549,477
84$314,225,448$20,453,420$7,553,564$265,874,698
85$346,132,461$21,311,654$7,662,626$292,672,145
86$381,289,453$22,207,407$7,770,806$322,193,725
87$420,027,781$23,142,374$7,877,931$354,717,030
88$462,712,592$24,118,328$7,983,820$390,547,955
89$509,746,277$25,137,126$8,088,278$430,023,593
90$561,572,263$26,200,711$8,191,101$473,515,406
91$618,679,203$27,311,115$8,292,072$521,432,741
92$681,605,588$28,470,465$8,390,962$574,226,686
93$750,944,829$29,680,989$8,487,531$632,394,329
94$827,350,859$30,945,016$8,581,521$696,483,454
95$911,544,310$32,264,985$8,672,665$767,097,706
96$1,004,319,307$33,643,447$8,760,677$844,902,290
97$1,106,550,975$35,083,074$8,845,259$930,630,253
98$1,219,203,693$36,586,663$8,926,093$1,025,089,400
99$1,343,340,200$38,157,140$9,002,848$1,129,169,919
100$1,480,131,630$39,797,569$9,075,172$1,243,852,785