Can I retire at age 35 with 2,020,000?

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 $2,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$166,810$165,324$163,874$162,459$161,078$156,675
2 years$82,579$81,041$79,551$78,105$76,704$72,301
3 years$54,506$52,961$51,474$50,043$48,664$44,398
4 years$40,472$38,932$37,460$36,053$34,708$30,611
5 years$32,054$30,523$29,071$27,692$26,384$22,469
6 years$26,444$24,925$23,493$22,146$20,877$17,147
7 years$22,438$20,932$19,523$18,207$16,978$13,433
8 years$19,435$17,942$16,557$15,274$14,085$10,723
9 years$17,101$15,622$14,261$13,010$11,862$8,679
10 years$15,234$13,770$12,433$11,214$10,107$7,100
11 years$13,708$12,259$10,946$9,760$8,692$5,857
12 years$12,437$11,003$9,714$8,561$7,533$4,863
13 years$11,363$9,943$8,679$7,558$6,569$4,059
14 years$10,443$9,038$7,798$6,709$5,758$3,403
15 years$9,646$8,256$7,040$5,983$5,070$2,862
16 years$8,949$7,575$6,383$5,357$4,481$2,415
17 years$8,335$6,976$5,808$4,814$3,973$2,042
18 years$7,790$6,447$5,302$4,338$3,532$1,731
19 years$7,303$5,975$4,854$3,920$3,149$1,469
20 years$6,865$5,552$4,455$3,550$2,812$1,249
21 years$6,470$5,171$4,098$3,222$2,517$1,063
22 years$6,110$4,827$3,777$2,929$2,256$906
23 years$5,783$4,515$3,487$2,668$2,025$772
24 years$5,483$4,230$3,225$2,433$1,820$659
25 years$5,208$3,970$2,987$2,222$1,638$563
26 years$4,954$3,731$2,770$2,032$1,475$481
27 years$4,720$3,511$2,572$1,860$1,330$411
28 years$4,502$3,309$2,391$1,704$1,200$351
29 years$4,300$3,121$2,225$1,563$1,084$300
30 years$4,112$2,948$2,073$1,434$979$257
31 years$3,936$2,787$1,932$1,317$885$220
32 years$3,772$2,637$1,803$1,210$801$188
33 years$3,618$2,497$1,683$1,113$725$161
34 years$3,473$2,367$1,573$1,024$656$138
35 years$3,337$2,245$1,471$943$594$118
36 years$3,208$2,131$1,376$868$538$101
37 years$3,087$2,023$1,288$800$488$87
38 years$2,973$1,923$1,206$737$442$74
39 years$2,864$1,829$1,130$680$401$64
40 years$2,762$1,740$1,059$627$364$54
41 years$2,664$1,656$993$579$330$47
42 years$2,572$1,577$931$534$300$40
43 years$2,484$1,503$874$493$272$34
44 years$2,400$1,432$820$455$247$29
45 years$2,320$1,366$770$420$224$25
46 years$2,244$1,303$723$388$203$22
47 years$2,172$1,244$680$359$185$18
48 years$2,102$1,187$639$331$168$16
49 years$2,036$1,134$600$306$152$14
50 years$1,972$1,083$564$283$138$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,020,000, adding $4,638 every year, while hoping to spend $51,826 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: 46/28/26 Blend
34$2,020,000$2,020,000$2,020,000$2,020,000
35$2,230,824$2,123,764$2,092,454$2,316,573
36$2,403,226$2,172,686$2,107,409$2,426,510
37$2,591,475$2,222,268$2,121,128$2,540,308
38$2,797,135$2,272,488$2,133,514$2,662,764
39$3,021,923$2,323,321$2,144,468$2,794,716
40$3,267,734$2,374,738$2,153,882$2,937,086
41$3,536,650$2,426,708$2,161,645$3,090,893
42$3,830,968$2,479,196$2,167,639$3,257,257
43$4,153,214$2,532,164$2,171,743$3,437,415
44$4,506,171$2,585,570$2,173,825$3,632,731
45$4,892,904$2,639,366$2,173,751$3,844,709
46$5,316,787$2,693,501$2,171,379$4,075,007
47$5,781,537$2,747,921$2,166,558$4,325,451
48$6,291,249$2,802,564$2,159,133$4,598,058
49$6,850,432$2,857,365$2,148,939$4,895,050
50$7,464,051$2,912,251$2,135,804$5,218,878
51$8,137,578$2,967,145$2,119,547$5,572,244
52$8,877,039$3,021,963$2,099,980$5,958,126
53$9,689,072$3,076,614$2,076,904$6,379,812
54$10,580,989$3,131,001$2,050,113$6,840,922
55$11,560,847$3,185,016$2,019,388$7,345,451
56$12,637,519$3,238,547$1,984,503$7,897,804
57$13,820,781$3,291,472$1,945,219$8,502,836
58$15,121,404$3,343,658$1,901,288$9,165,902
59$16,551,255$3,394,964$1,852,448$9,892,907
60$18,123,406$3,445,240$1,798,428$10,690,358
61$19,852,259$3,494,323$1,738,941$11,565,434
62$21,753,684$3,542,039$1,673,690$12,526,048
63$23,845,164$3,588,203$1,602,363$13,580,924
64$26,145,962$3,632,616$1,524,633$14,739,681
65$28,677,302$3,675,066$1,440,160$16,012,924
66$31,462,569$3,715,327$1,348,588$17,412,346
67$34,527,528$3,753,155$1,249,543$18,950,838
68$37,900,571$3,788,295$1,142,637$20,642,610
69$41,612,978$3,820,470$1,027,464$22,503,331
70$45,699,216$3,849,388$903,599$24,550,272
71$50,197,265$3,874,737$770,599$26,802,476
72$55,148,972$3,896,185$628,000$29,280,934
73$60,600,448$3,913,378$475,319$32,008,787
74$66,602,503$3,925,943$312,051$35,011,547
75$73,211,122$3,933,478$137,668$38,317,335
76$80,487,999$3,935,560$0$41,957,152
77$88,501,111$3,931,739$0$45,978,606
78$97,325,365$3,921,535$0$50,447,565
79$107,043,303$3,904,441$0$55,367,488
80$117,745,880$3,879,919$0$60,784,321
81$129,533,321$3,847,396$0$66,748,703
82$142,516,067$3,806,266$0$73,316,438
83$156,815,819$3,755,886$0$80,549,029
84$172,566,685$3,695,577$0$88,514,255
85$189,916,441$3,624,615$0$97,286,817
86$209,027,934$3,542,236$0$106,949,035
87$230,080,609$3,447,631$0$117,591,637
88$253,272,209$3,339,944$0$129,314,609
89$278,820,639$3,218,266$0$142,228,143
90$306,966,021$3,081,637$0$156,453,678
91$337,972,961$2,929,043$0$172,125,047
92$372,133,045$2,759,408$0$189,389,745
93$409,767,593$2,571,597$0$208,410,320
94$451,230,690$2,364,408$0$229,365,909
95$496,912,528$2,136,571$0$252,453,933
96$547,243,086$1,886,743$0$277,891,962
97$602,696,194$1,613,507$0$305,919,771
98$663,794,000$1,315,363$0$336,801,603
99$731,111,900$990,728$0$370,828,672
100$805,283,969$637,929$0$408,321,910