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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.9%
1 years$167,636$166,142$164,685$163,264$161,875$156,070
2 years$82,988$81,442$79,944$78,492$77,083$71,297
3 years$54,776$53,223$51,729$50,291$48,905$43,320
4 years$40,672$39,125$37,646$36,232$34,879$29,538
5 years$32,213$30,674$29,215$27,829$26,515$21,432
6 years$26,575$25,048$23,610$22,255$20,980$16,159
7 years$22,549$21,035$19,620$18,297$17,063$12,502
8 years$19,531$18,031$16,639$15,349$14,155$9,851
9 years$17,185$15,699$14,331$13,074$11,921$7,867
10 years$15,310$13,838$12,494$11,270$10,157$6,348
11 years$13,776$12,319$11,000$9,808$8,735$5,162
12 years$12,499$11,057$9,762$8,603$7,570$4,224
13 years$11,419$9,992$8,722$7,595$6,601$3,473
14 years$10,494$9,083$7,837$6,742$5,786$2,868
15 years$9,694$8,297$7,075$6,013$5,095$2,375
16 years$8,994$7,613$6,415$5,384$4,503$1,972
17 years$8,377$7,011$5,837$4,837$3,993$1,641
18 years$7,829$6,478$5,329$4,359$3,550$1,368
19 years$7,339$6,004$4,878$3,939$3,164$1,142
20 years$6,899$5,579$4,477$3,568$2,826$955
21 years$6,502$5,197$4,118$3,238$2,529$799
22 years$6,141$4,851$3,795$2,944$2,267$669
23 years$5,812$4,537$3,504$2,681$2,035$561
24 years$5,510$4,251$3,241$2,445$1,829$470
25 years$5,234$3,989$3,002$2,233$1,646$394
26 years$4,979$3,749$2,784$2,042$1,483$331
27 years$4,743$3,529$2,585$1,869$1,337$278
28 years$4,524$3,325$2,403$1,712$1,206$233
29 years$4,321$3,137$2,236$1,570$1,089$196
30 years$4,132$2,962$2,083$1,441$984$165
31 years$3,956$2,800$1,942$1,324$890$138
32 years$3,790$2,650$1,812$1,216$805$116
33 years$3,635$2,509$1,692$1,119$728$98
34 years$3,490$2,378$1,581$1,029$659$82
35 years$3,353$2,256$1,478$947$597$69
36 years$3,224$2,141$1,383$873$541$58
37 years$3,102$2,034$1,294$804$490$49
38 years$2,987$1,933$1,212$741$445$41
39 years$2,878$1,838$1,135$683$403$35
40 years$2,775$1,748$1,064$630$366$29
41 years$2,677$1,664$998$581$332$24
42 years$2,584$1,585$936$537$301$21
43 years$2,496$1,510$878$495$273$17
44 years$2,412$1,440$824$457$248$15
45 years$2,332$1,373$774$422$225$12
46 years$2,255$1,310$727$390$204$10
47 years$2,182$1,250$683$360$186$9
48 years$2,113$1,193$642$333$169$7
49 years$2,046$1,139$603$308$153$6
50 years$1,982$1,088$567$285$139$5

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 $2,886 every year, while hoping to spend $21,720 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: 65/14/21 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,240,037$2,132,447$2,100,982$2,373,457
36$2,445,411$2,213,827$2,148,255$2,544,870
37$2,671,005$2,298,467$2,196,384$2,729,397
38$2,918,859$2,386,503$2,245,374$2,930,557
39$3,191,219$2,478,078$2,295,230$3,149,980
40$3,490,561$2,573,342$2,345,958$3,389,463
41$3,819,612$2,672,449$2,397,562$3,650,983
42$4,181,376$2,775,562$2,450,043$3,936,716
43$4,579,163$2,882,852$2,503,407$4,249,059
44$5,016,619$2,994,494$2,557,653$4,590,651
45$5,497,764$3,110,673$2,612,784$4,964,397
46$6,027,023$3,231,583$2,668,799$5,373,497
47$6,609,273$3,357,425$2,725,698$5,821,473
48$7,249,890$3,488,409$2,783,479$6,312,205
49$7,954,793$3,624,755$2,842,140$6,849,967
50$8,730,506$3,766,693$2,901,676$7,439,464
51$9,584,219$3,914,462$2,962,083$8,085,881
52$10,523,851$4,068,312$3,023,355$8,794,924
53$11,558,130$4,228,506$3,085,483$9,572,884
54$12,696,671$4,395,315$3,148,460$10,426,687
55$13,950,073$4,569,026$3,212,274$11,363,961
56$15,330,008$4,749,937$3,276,913$12,393,111
57$16,849,344$4,938,358$3,342,364$13,523,397
58$18,522,255$5,134,616$3,408,612$14,765,016
59$20,364,363$5,339,051$3,475,639$16,129,204
60$22,392,881$5,552,017$3,543,425$17,628,338
61$24,626,775$5,773,886$3,611,950$19,276,055
62$27,086,946$6,005,046$3,681,190$21,087,378
63$29,796,423$6,245,902$3,751,119$23,078,857
64$32,780,585$6,496,878$3,821,708$25,268,726
65$36,067,398$6,758,418$3,892,928$27,677,075
66$39,687,675$7,030,983$3,964,744$30,326,039
67$43,675,375$7,315,059$4,037,120$33,240,004
68$48,067,917$7,611,150$4,110,017$36,445,840
69$52,906,534$7,919,786$4,183,392$39,973,150
70$58,236,664$8,241,519$4,257,199$43,854,553
71$64,108,377$8,576,927$4,331,389$48,125,989
72$70,576,850$8,926,615$4,405,909$52,827,057
73$77,702,884$9,291,214$4,480,703$58,001,392
74$85,553,480$9,671,386$4,555,708$63,697,068
75$94,202,472$10,067,820$4,630,861$69,967,061
76$103,731,220$10,481,239$4,706,091$76,869,742
77$114,229,384$10,912,399$4,781,324$84,469,427
78$125,795,764$11,362,090$4,856,481$92,836,986
79$138,539,236$11,831,137$4,931,478$102,050,512
80$152,579,781$12,320,405$5,006,225$112,196,052
81$168,049,612$12,830,798$5,080,627$123,368,424
82$185,094,426$13,363,261$5,154,582$135,672,109
83$203,874,780$13,918,783$5,227,982$149,222,234
84$224,567,602$14,498,398$5,300,715$164,145,661
85$247,367,867$15,103,189$5,372,658$180,582,183
86$272,490,431$15,734,287$5,443,684$198,685,841
87$300,172,065$16,392,877$5,513,657$218,626,377
88$330,673,685$17,080,197$5,582,434$240,590,839
89$364,282,818$17,797,544$5,649,863$264,785,338
90$401,316,316$18,546,275$5,715,784$291,437,000
91$442,123,345$19,327,807$5,780,028$320,796,106
92$487,088,684$20,143,627$5,842,416$353,138,451
93$536,636,353$20,995,288$5,902,760$388,767,949
94$591,233,619$21,884,416$5,960,861$428,019,501
95$651,395,409$22,812,712$6,016,510$471,262,151
96$717,689,163$23,781,958$6,069,486$518,902,572
97$790,740,200$24,794,016$6,119,556$571,388,903
98$871,237,616$25,850,838$6,166,476$629,214,977
99$959,940,788$26,954,464$6,209,989$692,924,981
100$1,057,686,547$28,107,032$6,249,822$763,118,591