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%16.2%
1 years$167,636$166,142$164,685$163,264$161,875$157,770
2 years$82,988$81,442$79,944$78,492$77,083$72,974
3 years$54,776$53,223$51,729$50,291$48,905$44,920
4 years$40,672$39,125$37,646$36,232$34,879$31,050
5 years$32,213$30,674$29,215$27,829$26,515$22,851
6 years$26,575$25,048$23,610$22,255$20,980$17,485
7 years$22,549$21,035$19,620$18,297$17,063$13,737
8 years$19,531$18,031$16,639$15,349$14,155$10,998
9 years$17,185$15,699$14,331$13,074$11,921$8,929
10 years$15,310$13,838$12,494$11,270$10,157$7,327
11 years$13,776$12,319$11,000$9,808$8,735$6,064
12 years$12,499$11,057$9,762$8,603$7,570$5,051
13 years$11,419$9,992$8,722$7,595$6,601$4,230
14 years$10,494$9,083$7,837$6,742$5,786$3,558
15 years$9,694$8,297$7,075$6,013$5,095$3,004
16 years$8,994$7,613$6,415$5,384$4,503$2,544
17 years$8,377$7,011$5,837$4,837$3,993$2,159
18 years$7,829$6,478$5,329$4,359$3,550$1,836
19 years$7,339$6,004$4,878$3,939$3,164$1,565
20 years$6,899$5,579$4,477$3,568$2,826$1,335
21 years$6,502$5,197$4,118$3,238$2,529$1,141
22 years$6,141$4,851$3,795$2,944$2,267$976
23 years$5,812$4,537$3,504$2,681$2,035$835
24 years$5,510$4,251$3,241$2,445$1,829$715
25 years$5,234$3,989$3,002$2,233$1,646$613
26 years$4,979$3,749$2,784$2,042$1,483$526
27 years$4,743$3,529$2,585$1,869$1,337$451
28 years$4,524$3,325$2,403$1,712$1,206$388
29 years$4,321$3,137$2,236$1,570$1,089$333
30 years$4,132$2,962$2,083$1,441$984$286
31 years$3,956$2,800$1,942$1,324$890$246
32 years$3,790$2,650$1,812$1,216$805$211
33 years$3,635$2,509$1,692$1,119$728$181
34 years$3,490$2,378$1,581$1,029$659$156
35 years$3,353$2,256$1,478$947$597$134
36 years$3,224$2,141$1,383$873$541$115
37 years$3,102$2,034$1,294$804$490$99
38 years$2,987$1,933$1,212$741$445$85
39 years$2,878$1,838$1,135$683$403$73
40 years$2,775$1,748$1,064$630$366$63
41 years$2,677$1,664$998$581$332$54
42 years$2,584$1,585$936$537$301$47
43 years$2,496$1,510$878$495$273$40
44 years$2,412$1,440$824$457$248$35
45 years$2,332$1,373$774$422$225$30
46 years$2,255$1,310$727$390$204$26
47 years$2,182$1,250$683$360$186$22
48 years$2,113$1,193$642$333$169$19
49 years$2,046$1,139$603$308$153$16
50 years$1,982$1,088$567$285$139$14

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 $3,707 every year, while hoping to spend $35,827 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: 81/9/10 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,240,884$2,133,294$2,101,829$2,418,540
36$2,431,334$2,199,706$2,134,120$2,601,938
37$2,640,010$2,268,171$2,166,293$2,798,104
38$2,868,732$2,338,752$2,198,305$3,012,350
39$3,119,506$2,411,514$2,230,111$3,246,468
40$3,394,541$2,486,524$2,261,666$3,502,431
41$3,696,270$2,563,850$2,292,918$3,782,414
42$4,027,374$2,643,562$2,323,814$4,088,809
43$4,390,804$2,725,735$2,354,300$4,424,253
44$4,789,811$2,810,441$2,384,314$4,791,650
45$5,227,979$2,897,760$2,413,796$5,194,196
46$5,709,252$2,987,769$2,442,677$5,635,417
47$6,237,978$3,080,552$2,470,889$6,119,191
48$6,818,945$3,176,192$2,498,357$6,649,795
49$7,457,428$3,274,776$2,525,003$7,231,936
50$8,159,240$3,376,394$2,550,744$7,870,804
51$8,930,782$3,481,138$2,575,494$8,572,112
52$9,779,110$3,589,102$2,599,161$9,342,159
53$10,711,995$3,700,384$2,621,649$10,187,879
54$11,738,000$3,815,084$2,642,856$11,116,916
55$12,866,559$3,933,306$2,662,675$12,137,690
56$14,108,067$4,055,156$2,680,993$13,259,477
57$15,473,975$4,180,745$2,697,691$14,492,498
58$16,976,903$4,310,184$2,712,647$15,848,016
59$18,630,754$4,443,589$2,725,727$17,338,438
60$20,450,847$4,581,082$2,736,795$18,977,436
61$22,454,063$4,722,783$2,745,707$20,780,073
62$24,658,998$4,868,821$2,752,309$22,762,948
63$27,086,148$5,019,325$2,756,444$24,944,350
64$29,758,093$5,174,430$2,757,942$27,344,431
65$32,699,715$5,334,274$2,756,630$29,985,395
66$35,938,431$5,498,998$2,752,322$32,891,711
67$39,504,451$5,668,749$2,744,824$36,090,338
68$43,431,064$5,843,677$2,733,935$39,610,985
69$47,754,953$6,023,937$2,719,442$43,486,388
70$52,516,536$6,209,688$2,701,122$47,752,618
71$57,760,355$6,401,095$2,678,741$52,449,424
72$63,535,487$6,598,325$2,652,056$57,620,607
73$69,896,016$6,801,552$2,620,808$63,314,430
74$76,901,535$7,010,954$2,584,732$69,584,080
75$84,617,716$7,226,715$2,543,544$76,488,164
76$93,116,922$7,449,023$2,496,952$84,091,262
77$102,478,896$7,678,072$2,444,647$92,464,541
78$112,791,508$7,914,063$2,386,308$101,686,422
79$124,151,590$8,157,199$2,321,597$111,843,324
80$136,665,843$8,407,693$2,250,161$123,030,474
81$150,451,849$8,665,761$2,171,633$135,352,813
82$165,639,181$8,931,626$2,085,625$148,925,978
83$182,370,619$9,205,517$1,991,735$163,877,401
84$200,803,506$9,487,671$1,889,542$180,347,507
85$221,111,226$9,778,330$1,778,604$198,491,041
86$243,484,845$10,077,742$1,658,462$218,478,528
87$268,134,912$10,386,164$1,528,633$240,497,883
88$295,293,446$10,703,860$1,388,615$264,756,184
89$325,216,127$11,031,098$1,237,883$291,481,628
90$358,184,708$11,368,158$1,075,888$320,925,684
91$394,509,676$11,715,325$902,058$353,365,466
92$434,533,179$12,072,891$715,792$389,106,350
93$478,632,259$12,441,160$516,468$428,484,856
94$527,222,413$12,820,439$303,433$471,871,825
95$580,761,506$13,211,048$76,005$519,675,919
96$639,754,102$13,613,312$0$572,347,479
97$704,756,223$14,027,567$0$630,400,564
98$776,380,598$14,454,158$0$694,374,084
99$855,302,445$14,893,437$0$764,862,669
100$942,265,847$15,345,769$0$842,530,536