Can I retire at age 35 with 2,840,000?

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 $2,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$234,525$232,436$230,397$228,408$226,466$221,802
2 years$116,101$113,939$111,843$109,812$107,841$103,164
3 years$76,632$74,460$72,370$70,357$68,419$63,874
4 years$56,901$54,736$52,667$50,689$48,797$44,419
5 years$45,066$42,914$40,872$38,934$37,094$32,897
6 years$37,178$35,042$33,030$31,136$29,352$25,338
7 years$31,546$29,429$27,448$25,598$23,871$20,042
8 years$27,324$25,226$23,278$21,474$19,803$16,158
9 years$24,042$21,964$20,050$18,291$16,677$13,214
10 years$21,418$19,360$17,480$15,767$14,210$10,924
11 years$19,273$17,235$15,389$13,722$12,221$9,109
12 years$17,486$15,469$13,657$12,036$10,590$7,648
13 years$15,975$13,980$12,202$10,626$9,235$6,457
14 years$14,682$12,707$10,963$9,433$8,095$5,476
15 years$13,561$11,608$9,899$8,412$7,128$4,662
16 years$12,582$10,650$8,974$7,532$6,300$3,981
17 years$11,719$9,808$8,166$6,768$5,586$3,408
18 years$10,953$9,063$7,455$6,099$4,966$2,925
19 years$10,268$8,400$6,825$5,511$4,427$2,514
20 years$9,652$7,806$6,263$4,991$3,954$2,165
21 years$9,096$7,271$5,761$4,530$3,538$1,867
22 years$8,591$6,787$5,310$4,119$3,172$1,612
23 years$8,131$6,348$4,903$3,751$2,847$1,393
24 years$7,709$5,947$4,534$3,421$2,559$1,204
25 years$7,322$5,581$4,199$3,124$2,303$1,042
26 years$6,965$5,245$3,895$2,857$2,074$903
27 years$6,635$4,937$3,617$2,615$1,870$782
28 years$6,330$4,652$3,362$2,396$1,687$678
29 years$6,046$4,388$3,129$2,197$1,524$588
30 years$5,781$4,144$2,914$2,016$1,377$510
31 years$5,534$3,918$2,717$1,852$1,245$443
32 years$5,303$3,707$2,535$1,702$1,126$384
33 years$5,086$3,511$2,367$1,565$1,019$334
34 years$4,882$3,327$2,211$1,440$923$290
35 years$4,691$3,156$2,068$1,326$836$252
36 years$4,511$2,995$1,934$1,221$757$219
37 years$4,340$2,845$1,810$1,125$686$190
38 years$4,179$2,704$1,695$1,037$622$165
39 years$4,027$2,571$1,588$956$564$143
40 years$3,883$2,446$1,489$882$512$125
41 years$3,746$2,328$1,396$813$464$108
42 years$3,616$2,217$1,309$751$421$94
43 years$3,492$2,113$1,229$693$382$82
44 years$3,374$2,014$1,153$640$347$71
45 years$3,262$1,920$1,083$591$315$62
46 years$3,155$1,832$1,017$546$286$54
47 years$3,053$1,748$956$504$260$47
48 years$2,955$1,669$898$466$236$41
49 years$2,862$1,594$844$431$214$35
50 years$2,773$1,522$794$398$195$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,840,000, adding $2,295 every year, while hoping to spend $22,276 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: 63/9/28 Blend
34$2,840,000$2,840,000$2,840,000$2,840,000
35$3,132,047$2,981,527$2,937,507$3,305,812
36$3,427,815$3,103,921$3,012,212$3,546,360
37$3,753,004$3,231,565$3,088,673$3,806,361
38$4,110,592$3,364,693$3,166,926$4,089,893
39$4,503,860$3,503,551$3,247,005$4,399,268
40$4,936,421$3,648,393$3,328,948$4,737,030
41$5,412,259$3,799,487$3,412,790$5,105,978
42$5,935,760$3,957,112$3,498,570$5,509,196
43$6,511,760$4,121,563$3,586,324$5,950,080
44$7,145,583$4,293,143$3,676,090$6,432,366
45$7,843,100$4,472,174$3,767,906$6,960,171
46$8,610,777$4,658,991$3,861,811$7,538,026
47$9,455,738$4,853,944$3,957,844$8,170,924
48$10,385,835$5,057,399$4,056,044$8,864,361
49$11,409,719$5,269,741$4,156,450$9,624,390
50$12,536,922$5,491,369$4,259,102$10,457,678
51$13,777,947$5,722,706$4,364,041$11,371,570
52$15,144,368$5,964,188$4,471,307$12,374,153
53$16,648,937$6,216,277$4,580,939$13,474,336
54$18,305,707$6,479,454$4,692,980$14,681,933
55$20,130,164$6,754,221$4,807,468$16,007,753
56$22,139,369$7,041,106$4,924,447$17,463,705
57$24,352,124$7,340,660$5,043,956$19,062,906
58$26,789,149$7,653,461$5,166,036$20,819,805
59$29,473,273$7,980,111$5,290,730$22,750,323
60$32,429,654$8,321,244$5,418,076$24,871,997
61$35,686,015$8,677,520$5,548,117$27,204,148
62$39,272,903$9,049,633$5,680,894$29,768,062
63$43,223,981$9,438,308$5,816,446$32,587,189
64$47,576,344$9,844,302$5,954,815$35,687,366
65$52,370,870$10,268,411$6,096,039$39,097,060
66$57,652,602$10,711,467$6,240,159$42,847,633
67$63,471,177$11,174,338$6,387,215$46,973,639
68$69,881,294$11,657,938$6,537,244$51,513,152
69$76,943,229$12,163,220$6,690,285$56,508,119
70$84,723,404$12,691,184$6,846,374$62,004,759
71$93,295,014$13,242,874$7,005,550$68,054,000
72$102,738,717$13,819,387$7,167,848$74,711,952
73$113,143,398$14,421,868$7,333,303$82,040,443
74$124,607,004$15,051,519$7,501,948$90,107,597
75$137,237,471$15,709,597$7,673,816$98,988,480
76$151,153,744$16,397,418$7,848,940$108,765,801
77$166,486,895$17,116,361$8,027,349$119,530,699
78$183,381,365$17,867,869$8,209,071$131,383,599
79$201,996,325$18,653,455$8,394,135$144,435,156
80$222,507,177$19,474,701$8,582,566$158,807,303
81$245,107,213$20,333,266$8,774,386$174,634,399
82$270,009,439$21,230,886$8,969,619$192,064,494
83$297,448,583$22,169,380$9,168,282$211,260,729
84$327,683,312$23,150,653$9,370,393$232,402,871
85$360,998,675$24,176,700$9,575,966$255,689,011
86$397,708,792$25,249,611$9,785,013$281,337,431
87$438,159,822$26,371,575$9,997,544$309,588,664
88$482,733,225$27,544,884$10,213,563$340,707,762
89$531,849,371$28,771,939$10,433,074$374,986,798
90$585,971,500$30,055,258$10,656,075$412,747,619
91$645,610,101$31,397,473$10,882,562$454,344,885
92$711,327,728$32,801,347$11,112,525$500,169,412
93$783,744,314$34,269,771$11,345,952$550,651,865
94$863,543,019$35,805,774$11,582,826$606,266,815
95$951,476,679$37,412,529$11,823,123$667,537,222
96$1,048,374,920$39,093,363$12,066,818$735,039,365
97$1,155,151,981$40,851,757$12,313,875$809,408,286
98$1,272,815,352$42,691,361$12,564,258$891,343,777
99$1,402,475,279$44,615,999$12,817,922$981,616,987
100$1,545,355,250$46,629,676$13,074,816$1,081,077,698