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%20%
1 years$167,636$166,142$164,685$163,264$161,875$155,391
2 years$82,988$81,442$79,944$78,492$77,083$70,632
3 years$54,776$53,223$51,729$50,291$48,905$42,690
4 years$40,672$39,125$37,646$36,232$34,879$28,948
5 years$32,213$30,674$29,215$27,829$26,515$20,881
6 years$26,575$25,048$23,610$22,255$20,980$15,649
7 years$22,549$21,035$19,620$18,297$17,063$12,031
8 years$19,531$18,031$16,639$15,349$14,155$9,418
9 years$17,185$15,699$14,331$13,074$11,921$7,471
10 years$15,310$13,838$12,494$11,270$10,157$5,986
11 years$13,776$12,319$11,000$9,808$8,735$4,833
12 years$12,499$11,057$9,762$8,603$7,570$3,926
13 years$11,419$9,992$8,722$7,595$6,601$3,204
14 years$10,494$9,083$7,837$6,742$5,786$2,625
15 years$9,694$8,297$7,075$6,013$5,095$2,157
16 years$8,994$7,613$6,415$5,384$4,503$1,777
17 years$8,377$7,011$5,837$4,837$3,993$1,467
18 years$7,829$6,478$5,329$4,359$3,550$1,213
19 years$7,339$6,004$4,878$3,939$3,164$1,004
20 years$6,899$5,579$4,477$3,568$2,826$832
21 years$6,502$5,197$4,118$3,238$2,529$691
22 years$6,141$4,851$3,795$2,944$2,267$573
23 years$5,812$4,537$3,504$2,681$2,035$476
24 years$5,510$4,251$3,241$2,445$1,829$396
25 years$5,234$3,989$3,002$2,233$1,646$329
26 years$4,979$3,749$2,784$2,042$1,483$274
27 years$4,743$3,529$2,585$1,869$1,337$228
28 years$4,524$3,325$2,403$1,712$1,206$190
29 years$4,321$3,137$2,236$1,570$1,089$158
30 years$4,132$2,962$2,083$1,441$984$131
31 years$3,956$2,800$1,942$1,324$890$109
32 years$3,790$2,650$1,812$1,216$805$91
33 years$3,635$2,509$1,692$1,119$728$76
34 years$3,490$2,378$1,581$1,029$659$63
35 years$3,353$2,256$1,478$947$597$53
36 years$3,224$2,141$1,383$873$541$44
37 years$3,102$2,034$1,294$804$490$37
38 years$2,987$1,933$1,212$741$445$30
39 years$2,878$1,838$1,135$683$403$25
40 years$2,775$1,748$1,064$630$366$21
41 years$2,677$1,664$998$581$332$18
42 years$2,584$1,585$936$537$301$15
43 years$2,496$1,510$878$495$273$12
44 years$2,412$1,440$824$457$248$10
45 years$2,332$1,373$774$422$225$8
46 years$2,255$1,310$727$390$204$7
47 years$2,182$1,250$683$360$186$6
48 years$2,113$1,193$642$333$169$5
49 years$2,046$1,139$603$308$153$4
50 years$1,982$1,088$567$285$139$3

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 $5,478 every year, while hoping to spend $36,917 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: 36/36/28 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,242,711$2,135,121$2,103,656$2,304,431
36$2,432,188$2,200,462$2,134,849$2,416,166
37$2,639,754$2,267,768$2,165,849$2,532,979
38$2,867,216$2,337,096$2,196,612$2,658,382
39$3,116,563$2,408,504$2,227,089$2,793,173
40$3,389,985$2,482,053$2,257,229$2,938,229
41$3,689,895$2,557,806$2,286,979$3,094,514
42$4,018,951$2,635,825$2,316,279$3,263,092
43$4,380,081$2,716,177$2,345,071$3,445,130
44$4,776,508$2,798,929$2,373,291$3,641,916
45$5,211,786$2,884,150$2,400,869$3,854,864
46$5,689,826$2,971,912$2,427,737$4,085,533
47$6,214,939$3,062,286$2,453,816$4,335,639
48$6,791,873$3,155,349$2,479,030$4,607,072
49$7,425,860$3,251,176$2,503,292$4,901,911
50$8,122,661$3,349,847$2,526,516$5,222,446
51$8,888,626$3,451,443$2,548,608$5,571,201
52$9,730,749$3,556,047$2,569,470$5,950,954
53$10,656,736$3,663,744$2,588,998$6,364,763
54$11,675,078$3,774,622$2,607,084$6,815,999
55$12,795,128$3,888,771$2,623,613$7,308,373
56$14,027,193$4,006,283$2,638,466$7,845,975
57$15,382,628$4,127,252$2,651,516$8,433,309
58$16,873,944$4,251,775$2,662,630$9,075,337
59$18,514,926$4,379,952$2,671,668$9,777,523
60$20,320,764$4,511,885$2,678,484$10,545,892
61$22,308,192$4,647,678$2,682,924$11,387,076
62$24,495,651$4,787,438$2,684,826$12,308,385
63$26,903,460$4,931,275$2,684,020$13,317,873
64$29,554,007$5,079,302$2,680,329$14,424,413
65$32,471,962$5,231,633$2,673,565$15,637,781
66$35,684,506$5,388,387$2,663,534$16,968,749
67$39,221,592$5,549,685$2,650,029$18,429,186
68$43,116,225$5,715,650$2,632,835$20,032,171
69$47,404,773$5,886,409$2,611,728$21,792,114
70$52,127,309$6,062,093$2,586,470$23,724,894
71$57,327,992$6,242,833$2,556,815$25,848,009
72$63,055,482$6,428,766$2,522,502$28,180,738
73$69,363,396$6,620,031$2,483,262$30,744,329
74$76,310,820$6,816,770$2,438,808$33,562,192
75$83,962,860$7,019,128$2,388,845$36,660,126
76$92,391,261$7,227,255$2,333,060$40,066,559
77$101,675,081$7,441,301$2,271,129$43,812,820
78$111,901,438$7,661,424$2,202,710$47,933,429
79$123,166,331$7,887,780$2,127,448$52,466,430
80$135,575,548$8,120,533$2,044,969$57,453,742
81$149,245,662$8,359,847$1,954,884$62,941,565
82$164,305,133$8,605,892$1,856,785$68,980,805
83$180,895,516$8,858,841$1,750,247$75,627,564
84$199,172,803$9,118,868$1,634,825$82,943,664
85$219,308,890$9,386,155$1,510,053$90,997,233
86$241,493,203$9,660,882$1,375,446$99,863,350
87$265,934,483$9,943,238$1,230,496$109,624,749
88$292,862,755$10,233,412$1,074,673$120,372,606
89$322,531,504$10,531,597$907,422$132,207,396
90$355,220,064$10,837,992$728,167$145,239,843
91$391,236,252$11,152,795$536,302$159,591,967
92$430,919,279$11,476,212$331,198$175,398,234
93$474,642,949$11,808,449$112,196$192,806,827
94$522,819,184$12,149,718$0$211,981,047
95$575,901,920$12,500,232$0$233,137,156
96$634,391,382$12,860,210$0$256,475,297
97$698,838,815$13,229,872$0$282,180,687
98$769,851,681$13,609,443$0$310,494,401
99$848,099,395$13,999,148$0$341,682,092
100$934,319,645$14,399,218$0$376,036,503