Can I retire at age 35 with 2,030,000?

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 $2,030,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$167,636$166,142$164,685$163,264$161,875$157,197
2 years$82,988$81,442$79,944$78,492$77,083$72,408
3 years$54,776$53,223$51,729$50,291$48,905$44,378
4 years$40,672$39,125$37,646$36,232$34,879$30,536
5 years$32,213$30,674$29,215$27,829$26,515$22,366
6 years$26,575$25,048$23,610$22,255$20,980$17,031
7 years$22,549$21,035$19,620$18,297$17,063$13,312
8 years$19,531$18,031$16,639$15,349$14,155$10,602
9 years$17,185$15,699$14,331$13,074$11,921$8,560
10 years$15,310$13,838$12,494$11,270$10,157$6,986
11 years$13,776$12,319$11,000$9,808$8,735$5,747
12 years$12,499$11,057$9,762$8,603$7,570$4,759
13 years$11,419$9,992$8,722$7,595$6,601$3,962
14 years$10,494$9,083$7,837$6,742$5,786$3,312
15 years$9,694$8,297$7,075$6,013$5,095$2,778
16 years$8,994$7,613$6,415$5,384$4,503$2,337
17 years$8,377$7,011$5,837$4,837$3,993$1,971
18 years$7,829$6,478$5,329$4,359$3,550$1,665
19 years$7,339$6,004$4,878$3,939$3,164$1,409
20 years$6,899$5,579$4,477$3,568$2,826$1,194
21 years$6,502$5,197$4,118$3,238$2,529$1,013
22 years$6,141$4,851$3,795$2,944$2,267$861
23 years$5,812$4,537$3,504$2,681$2,035$732
24 years$5,510$4,251$3,241$2,445$1,829$622
25 years$5,234$3,989$3,002$2,233$1,646$530
26 years$4,979$3,749$2,784$2,042$1,483$451
27 years$4,743$3,529$2,585$1,869$1,337$384
28 years$4,524$3,325$2,403$1,712$1,206$327
29 years$4,321$3,137$2,236$1,570$1,089$279
30 years$4,132$2,962$2,083$1,441$984$238
31 years$3,956$2,800$1,942$1,324$890$203
32 years$3,790$2,650$1,812$1,216$805$173
33 years$3,635$2,509$1,692$1,119$728$148
34 years$3,490$2,378$1,581$1,029$659$126
35 years$3,353$2,256$1,478$947$597$108
36 years$3,224$2,141$1,383$873$541$92
37 years$3,102$2,034$1,294$804$490$78
38 years$2,987$1,933$1,212$741$445$67
39 years$2,878$1,838$1,135$683$403$57
40 years$2,775$1,748$1,064$630$366$49
41 years$2,677$1,664$998$581$332$42
42 years$2,584$1,585$936$537$301$36
43 years$2,496$1,510$878$495$273$30
44 years$2,412$1,440$824$457$248$26
45 years$2,332$1,373$774$422$225$22
46 years$2,255$1,310$727$390$204$19
47 years$2,182$1,250$683$360$186$16
48 years$2,113$1,193$642$333$169$14
49 years$2,046$1,139$603$308$153$12
50 years$1,982$1,088$567$285$139$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,030,000, adding $6,488 every year, while hoping to spend $58,763 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: 52/32/16 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,243,752$2,136,162$2,104,697$2,350,364
36$2,410,092$2,178,311$2,112,681$2,466,279
37$2,591,428$2,220,555$2,118,963$2,585,557
38$2,789,230$2,262,838$2,123,424$2,713,987
39$3,005,111$2,305,097$2,125,939$2,852,453
40$3,240,851$2,347,266$2,126,377$3,001,928
41$3,498,407$2,389,271$2,124,599$3,163,490
42$3,779,933$2,431,034$2,120,462$3,338,321
43$4,087,803$2,472,471$2,113,815$3,527,729
44$4,424,629$2,513,492$2,104,497$3,733,154
45$4,793,287$2,553,999$2,092,343$3,956,184
46$5,196,944$2,593,887$2,077,179$4,198,571
47$5,639,089$2,633,044$2,058,821$4,462,245
48$6,123,562$2,671,350$2,037,078$4,749,336
49$6,654,594$2,708,674$2,011,749$5,062,191
50$7,236,844$2,744,881$1,982,623$5,403,399
51$7,875,443$2,779,821$1,949,482$5,775,816
52$8,576,043$2,813,337$1,912,095$6,182,588
53$9,344,869$2,845,260$1,870,220$6,627,188
54$10,188,779$2,875,411$1,823,605$7,113,442
55$11,115,326$2,903,597$1,771,987$7,645,571
56$12,132,830$2,929,614$1,715,090$8,228,230
57$13,250,457$2,953,244$1,652,624$8,866,549
58$14,478,305$2,974,254$1,584,288$9,566,187
59$15,827,497$2,992,398$1,509,766$10,333,384
60$17,310,287$3,007,411$1,428,729$11,175,019
61$18,940,176$3,019,013$1,340,831$12,098,678
62$20,732,037$3,026,908$1,245,712$13,112,724
63$22,702,257$3,030,778$1,142,995$14,226,379
64$24,868,889$3,030,288$1,032,287$15,449,812
65$27,251,824$3,025,081$913,177$16,794,233
66$29,872,977$3,014,777$785,236$18,272,002
67$32,756,494$2,998,974$648,014$19,896,747
68$35,928,979$2,977,246$501,045$21,683,493
69$39,419,744$2,949,140$343,839$23,648,804
70$43,261,086$2,914,176$175,886$25,810,943
71$47,488,591$2,871,846$0$28,190,044
72$52,141,471$2,821,609$0$30,808,876
73$57,262,929$2,762,897$0$33,723,418
74$62,900,571$2,695,102$0$36,930,689
75$69,106,853$2,617,586$0$40,460,532
76$75,939,574$2,529,669$0$44,345,840
77$83,462,423$2,430,635$0$48,622,868
78$91,745,578$2,319,725$0$53,331,576
79$100,866,370$2,196,134$0$58,516,006
80$110,910,009$2,059,014$0$64,224,702
81$121,970,390$1,907,466$0$70,511,167
82$134,150,978$1,740,540$0$77,434,372
83$147,565,784$1,557,232$0$85,059,311
84$162,340,439$1,356,482$0$93,457,619
85$178,613,382$1,137,167$0$102,708,250
86$196,537,162$898,104$0$112,898,223
87$216,279,883$638,042$0$124,123,447
88$238,026,783$355,658$0$136,489,625
89$261,981,987$49,557$0$150,113,262
90$288,370,431$0$0$165,122,758
91$317,439,984$0$0$181,758,835
92$349,463,788$0$0$200,105,126
93$384,742,835$0$0$220,316,656
94$423,608,807$0$0$242,583,487
95$466,427,209$0$0$267,115,063
96$513,600,811$0$0$294,142,183
97$565,573,459$0$0$323,919,183
98$622,834,257$0$0$356,726,334
99$685,922,183$0$0$392,872,487
100$755,431,181$0$0$432,697,989