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%12.8%
1 years$167,636$166,142$164,685$163,264$161,875$159,985
2 years$82,988$81,442$79,944$78,492$77,083$75,181
3 years$54,776$53,223$51,729$50,291$48,905$47,049
4 years$40,672$39,125$37,646$36,232$34,879$33,085
5 years$32,213$30,674$29,215$27,829$26,515$24,786
6 years$26,575$25,048$23,610$22,255$20,980$19,320
7 years$22,549$21,035$19,620$18,297$17,063$15,471
8 years$19,531$18,031$16,639$15,349$14,155$12,633
9 years$17,185$15,699$14,331$13,074$11,921$10,467
10 years$15,310$13,838$12,494$11,270$10,157$8,770
11 years$13,776$12,319$11,000$9,808$8,735$7,415
12 years$12,499$11,057$9,762$8,603$7,570$6,314
13 years$11,419$9,992$8,722$7,595$6,601$5,408
14 years$10,494$9,083$7,837$6,742$5,786$4,655
15 years$9,694$8,297$7,075$6,013$5,095$4,023
16 years$8,994$7,613$6,415$5,384$4,503$3,489
17 years$8,377$7,011$5,837$4,837$3,993$3,034
18 years$7,829$6,478$5,329$4,359$3,550$2,645
19 years$7,339$6,004$4,878$3,939$3,164$2,311
20 years$6,899$5,579$4,477$3,568$2,826$2,023
21 years$6,502$5,197$4,118$3,238$2,529$1,774
22 years$6,141$4,851$3,795$2,944$2,267$1,557
23 years$5,812$4,537$3,504$2,681$2,035$1,369
24 years$5,510$4,251$3,241$2,445$1,829$1,204
25 years$5,234$3,989$3,002$2,233$1,646$1,060
26 years$4,979$3,749$2,784$2,042$1,483$935
27 years$4,743$3,529$2,585$1,869$1,337$824
28 years$4,524$3,325$2,403$1,712$1,206$727
29 years$4,321$3,137$2,236$1,570$1,089$642
30 years$4,132$2,962$2,083$1,441$984$567
31 years$3,956$2,800$1,942$1,324$890$501
32 years$3,790$2,650$1,812$1,216$805$443
33 years$3,635$2,509$1,692$1,119$728$392
34 years$3,490$2,378$1,581$1,029$659$347
35 years$3,353$2,256$1,478$947$597$307
36 years$3,224$2,141$1,383$873$541$272
37 years$3,102$2,034$1,294$804$490$240
38 years$2,987$1,933$1,212$741$445$213
39 years$2,878$1,838$1,135$683$403$188
40 years$2,775$1,748$1,064$630$366$167
41 years$2,677$1,664$998$581$332$148
42 years$2,584$1,585$936$537$301$131
43 years$2,496$1,510$878$495$273$116
44 years$2,412$1,440$824$457$248$103
45 years$2,332$1,373$774$422$225$91
46 years$2,255$1,310$727$390$204$81
47 years$2,182$1,250$683$360$186$71
48 years$2,113$1,193$642$333$169$63
49 years$2,046$1,139$603$308$153$56
50 years$1,982$1,088$567$285$139$50

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 $2,833 every year, while hoping to spend $24,662 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: 59/28/13 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,239,982$2,132,392$2,100,927$2,364,759
36$2,442,220$2,210,639$2,145,068$2,527,446
37$2,664,260$2,291,894$2,189,861$2,701,761
38$2,908,095$2,376,277$2,235,302$2,891,254
39$3,175,922$2,463,916$2,281,386$3,097,392
40$3,470,160$2,554,942$2,328,106$3,321,784
41$3,793,475$2,649,492$2,375,456$3,566,203
42$4,148,802$2,747,711$2,423,427$3,832,599
43$4,539,378$2,849,746$2,472,009$4,123,118
44$4,968,765$2,955,754$2,521,192$4,440,122
45$5,440,890$3,065,897$2,570,963$4,786,209
46$5,960,079$3,180,345$2,621,309$5,164,241
47$6,531,098$3,299,273$2,672,214$5,577,366
48$7,159,199$3,422,866$2,723,662$6,029,049
49$7,850,167$3,551,316$2,775,634$6,523,107
50$8,610,376$3,684,823$2,828,111$7,063,741
51$9,446,851$3,823,595$2,881,069$7,655,576
52$10,367,330$3,967,852$2,934,485$8,303,704
53$11,380,340$4,117,819$2,988,333$9,013,732
54$12,495,277$4,273,735$3,042,584$9,791,836
55$13,722,493$4,435,845$3,097,208$10,644,814
56$15,073,395$4,604,409$3,152,172$11,580,156
57$16,560,553$4,779,696$3,207,441$12,606,107
58$18,197,814$4,961,987$3,262,976$13,731,749
59$20,000,441$5,151,574$3,318,735$14,967,087
60$21,985,250$5,348,764$3,374,676$16,323,136
61$24,170,768$5,553,877$3,430,751$17,812,032
62$26,577,415$5,767,246$3,486,910$19,447,142
63$29,227,689$5,989,218$3,543,098$21,243,189
64$32,146,381$6,220,157$3,599,260$23,216,390
65$35,360,809$6,460,443$3,655,333$25,384,612
66$38,901,078$6,710,470$3,711,252$27,767,534
67$42,800,358$6,970,654$3,766,950$30,386,836
68$47,095,203$7,241,424$3,822,351$33,266,402
69$51,825,892$7,523,232$3,877,378$36,432,541
70$57,036,811$7,816,549$3,931,948$39,914,242
71$62,776,871$8,121,865$3,985,974$43,743,436
72$69,099,970$8,439,695$4,039,362$47,955,306
73$76,065,501$8,770,573$4,092,015$52,588,612
74$83,738,912$9,115,061$4,143,827$57,686,058
75$92,192,324$9,473,743$4,194,689$63,294,694
76$101,505,215$9,847,229$4,244,484$69,466,356
77$111,765,162$10,236,159$4,293,089$76,258,159
78$123,068,675$10,641,198$4,340,375$83,733,029
79$135,522,107$11,063,043$4,386,204$91,960,301
80$149,242,652$11,502,422$4,430,432$101,016,367
81$164,359,457$11,960,096$4,472,906$110,985,399
82$181,014,839$12,436,857$4,513,466$121,960,140
83$199,365,627$12,933,538$4,551,942$134,042,780
84$219,584,645$13,451,006$4,588,156$147,345,915
85$241,862,340$13,990,166$4,621,920$161,993,612
86$266,408,582$14,551,968$4,653,038$178,122,576
87$293,454,644$15,137,401$4,681,301$195,883,440
88$323,255,384$15,747,500$4,706,491$215,442,183
89$356,091,653$16,383,347$4,728,378$236,981,694
90$392,272,944$17,046,074$4,746,722$260,703,502
91$432,140,316$17,736,862$4,761,268$286,829,667
92$476,069,608$18,456,949$4,771,751$315,604,883
93$524,474,994$19,207,626$4,777,891$347,298,778
94$577,812,888$19,990,243$4,779,394$382,208,461
95$636,586,252$20,806,215$4,775,954$420,661,323
96$701,349,348$21,657,017$4,767,246$463,018,123
97$772,712,965$22,544,195$4,752,932$509,676,394
98$851,350,190$23,469,363$4,732,658$561,074,190
99$938,002,757$24,434,209$4,706,050$617,694,219
100$1,033,488,054$25,440,501$4,672,718$680,068,395