Can I retire at age 35 with 2,880,000?

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 $2,880,000?

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$237,828$235,709$233,642$231,625$229,655$224,012
2 years$117,736$115,544$113,419$111,358$109,360$103,709
3 years$77,711$75,509$73,389$71,348$69,382$63,901
4 years$57,703$55,507$53,409$51,402$49,484$44,214
5 years$45,701$43,518$41,447$39,482$37,617$32,574
6 years$37,702$35,536$33,496$31,574$29,765$24,953
7 years$31,991$29,843$27,835$25,959$24,207$19,626
8 years$27,709$25,581$23,606$21,776$20,082$15,731
9 years$24,381$22,273$20,332$18,548$16,912$12,787
10 years$21,720$19,632$17,726$15,989$14,410$10,506
11 years$19,544$17,478$15,606$13,915$12,393$8,705
12 years$17,732$15,687$13,850$12,205$10,739$7,261
13 years$16,200$14,176$12,374$10,776$9,365$6,090
14 years$14,888$12,886$11,118$9,565$8,209$5,129
15 years$13,752$11,772$10,038$8,531$7,228$4,336
16 years$12,759$10,800$9,101$7,638$6,388$3,677
17 years$11,884$9,947$8,281$6,863$5,664$3,125
18 years$11,107$9,191$7,560$6,185$5,036$2,662
19 years$10,413$8,518$6,921$5,589$4,489$2,272
20 years$9,788$7,916$6,351$5,062$4,010$1,942
21 years$9,224$7,373$5,842$4,594$3,588$1,661
22 years$8,712$6,882$5,384$4,177$3,216$1,423
23 years$8,245$6,437$4,972$3,804$2,887$1,220
24 years$7,818$6,031$4,598$3,469$2,595$1,047
25 years$7,425$5,660$4,259$3,168$2,335$899
26 years$7,063$5,319$3,950$2,897$2,103$772
27 years$6,729$5,006$3,668$2,652$1,896$664
28 years$6,419$4,717$3,409$2,429$1,711$571
29 years$6,131$4,450$3,173$2,228$1,545$491
30 years$5,862$4,203$2,955$2,045$1,396$422
31 years$5,612$3,973$2,755$1,878$1,262$364
32 years$5,377$3,759$2,571$1,726$1,142$313
33 years$5,158$3,560$2,400$1,587$1,033$269
34 years$4,951$3,374$2,243$1,460$936$232
35 years$4,757$3,200$2,097$1,344$847$200
36 years$4,574$3,038$1,961$1,238$768$172
37 years$4,401$2,885$1,836$1,141$696$148
38 years$4,238$2,742$1,719$1,051$631$128
39 years$4,084$2,607$1,611$969$572$110
40 years$3,937$2,480$1,510$894$519$95
41 years$3,799$2,361$1,416$825$471$82
42 years$3,667$2,249$1,328$761$427$70
43 years$3,541$2,143$1,246$703$388$61
44 years$3,422$2,042$1,170$649$352$52
45 years$3,308$1,948$1,098$599$319$45
46 years$3,200$1,858$1,031$554$290$39
47 years$3,096$1,773$969$511$263$34
48 years$2,997$1,693$911$473$239$29
49 years$2,902$1,616$856$437$217$25
50 years$2,812$1,544$805$404$197$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,880,000, adding $3,445 every year, while hoping to spend $27,703 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: 55/39/6 Blend
34$2,880,000$2,880,000$2,880,000$2,880,000
35$3,177,314$3,024,674$2,980,034$3,347,711
36$3,471,924$3,143,407$3,050,389$3,581,763
37$3,795,656$3,267,029$3,122,173$3,833,075
38$4,151,451$3,395,752$3,195,403$4,105,999
39$4,542,549$3,529,794$3,270,100$4,402,590
40$4,972,520$3,669,385$3,346,279$4,725,106
41$5,445,297$3,814,765$3,423,959$5,076,030
42$5,965,213$3,966,184$3,503,158$5,458,093
43$6,537,042$4,123,904$3,583,891$5,874,296
44$7,166,044$4,288,199$3,666,175$6,327,941
45$7,858,014$4,459,355$3,750,025$6,822,657
46$8,619,338$4,637,669$3,835,458$7,362,438
47$9,457,050$4,823,455$3,922,486$7,951,677
48$10,378,904$5,017,039$4,011,123$8,595,206
49$11,393,439$5,218,761$4,101,383$9,298,344
50$12,510,067$5,428,978$4,193,277$10,066,940
51$13,739,158$5,648,062$4,286,816$10,907,432
52$15,092,138$5,876,403$4,382,010$11,826,907
53$16,581,597$6,114,407$4,478,868$12,833,162
54$18,221,408$6,362,501$4,577,398$13,934,780
55$20,026,856$6,621,128$4,677,606$15,141,209
56$22,014,787$6,890,755$4,779,497$16,462,848
57$24,203,760$7,171,867$4,883,075$17,911,146
58$26,614,227$7,464,972$4,988,341$19,498,708
59$29,268,725$7,770,603$5,095,298$21,239,410
60$32,192,087$8,089,314$5,203,942$23,148,531
61$35,411,678$8,421,688$5,314,272$25,242,895
62$38,957,651$8,768,333$5,426,282$27,541,026
63$42,863,233$9,129,883$5,539,964$30,063,324
64$47,165,040$9,507,004$5,655,310$32,832,251
65$51,903,418$9,900,392$5,772,307$35,872,547
66$57,122,828$10,310,773$5,890,941$39,211,455
67$62,872,265$10,738,908$6,011,195$42,878,982
68$69,205,715$11,185,594$6,133,050$46,908,173
69$76,182,672$11,651,662$6,256,481$51,335,427
70$83,868,695$12,137,984$6,381,464$56,200,835
71$92,336,027$12,645,471$6,507,968$61,548,553
72$101,664,278$13,175,075$6,635,961$67,427,221
73$111,941,175$13,727,794$6,765,406$73,890,417
74$123,263,390$14,304,671$6,896,263$80,997,158
75$135,737,454$14,906,798$7,028,485$88,812,457
76$149,480,760$15,535,317$7,162,026$97,407,929
77$164,622,673$16,191,423$7,296,829$106,862,469
78$181,305,750$16,876,367$7,432,837$117,262,989
79$199,687,085$17,591,457$7,569,985$128,705,235
80$219,939,792$18,338,064$7,708,205$141,294,689
81$242,254,642$19,117,620$7,847,420$155,147,556
82$266,841,858$19,931,625$7,987,551$170,391,864
83$293,933,102$20,781,650$8,128,509$187,168,661
84$323,783,665$21,669,337$8,270,200$205,633,343
85$356,674,871$22,596,407$8,412,524$225,957,119
86$392,916,736$23,564,659$8,555,372$248,328,621
87$432,850,893$24,575,978$8,698,627$272,955,676
88$476,853,819$25,632,335$8,842,166$300,067,266
89$525,340,386$26,735,797$8,985,856$329,915,681
90$578,767,778$27,888,524$9,129,555$362,778,897
91$637,639,809$29,092,779$9,273,112$398,963,192
92$702,511,674$30,350,930$9,416,367$438,806,030
93$773,995,197$31,665,458$9,559,147$482,679,241
94$852,764,601$33,038,958$9,701,272$530,992,522
95$939,562,873$34,474,150$9,842,547$584,197,300
96$1,035,208,781$35,973,879$9,982,768$642,790,981
97$1,140,604,603$37,541,125$10,121,717$707,321,642
98$1,256,744,642$39,179,009$10,259,163$778,393,192
99$1,384,724,612$40,890,798$10,394,863$856,671,068
100$1,525,751,989$42,679,913$10,528,557$942,888,502