Can I retire at age 35 with 2,040,000?

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 $2,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$168,461$166,961$165,497$164,068$162,672$161,041
2 years$83,397$81,843$80,338$78,879$77,463$75,820
3 years$55,046$53,486$51,984$50,538$49,146$47,541
4 years$40,873$39,318$37,831$36,410$35,051$33,498
5 years$32,371$30,825$29,359$27,966$26,645$25,149
6 years$26,705$25,171$23,726$22,365$21,084$19,645
7 years$22,660$21,139$19,716$18,387$17,147$15,767
8 years$19,627$18,120$16,721$15,425$14,225$12,903
9 years$17,270$15,777$14,402$13,138$11,979$10,716
10 years$15,385$13,906$12,556$11,326$10,207$9,001
11 years$13,844$12,380$11,054$9,857$8,778$7,629
12 years$12,560$11,112$9,810$8,646$7,607$6,512
13 years$11,475$10,042$8,765$7,633$6,634$5,593
14 years$10,546$9,128$7,875$6,775$5,815$4,827
15 years$9,741$8,338$7,110$6,043$5,120$4,183
16 years$9,038$7,650$6,446$5,410$4,525$3,637
17 years$8,418$7,045$5,866$4,861$4,012$3,172
18 years$7,867$6,510$5,355$4,381$3,567$2,774
19 years$7,376$6,034$4,902$3,959$3,180$2,430
20 years$6,933$5,607$4,499$3,585$2,840$2,134
21 years$6,534$5,223$4,138$3,254$2,542$1,876
22 years$6,171$4,875$3,814$2,958$2,278$1,652
23 years$5,840$4,560$3,522$2,694$2,045$1,456
24 years$5,538$4,272$3,257$2,457$1,838$1,285
25 years$5,259$4,009$3,016$2,244$1,654$1,136
26 years$5,003$3,768$2,798$2,052$1,490$1,004
27 years$4,766$3,546$2,598$1,878$1,343$888
28 years$4,547$3,341$2,415$1,721$1,212$786
29 years$4,343$3,152$2,247$1,578$1,094$697
30 years$4,153$2,977$2,093$1,448$989$617
31 years$3,975$2,814$1,952$1,330$894$547
32 years$3,809$2,663$1,821$1,222$809$486
33 years$3,653$2,522$1,700$1,124$732$431
34 years$3,507$2,390$1,589$1,034$663$382
35 years$3,370$2,267$1,485$952$600$340
36 years$3,240$2,152$1,389$877$544$301
37 years$3,118$2,044$1,300$808$493$268
38 years$3,002$1,942$1,218$745$447$238
39 years$2,893$1,847$1,141$687$405$211
40 years$2,789$1,757$1,069$633$368$188
41 years$2,691$1,673$1,003$584$333$167
42 years$2,597$1,593$941$539$303$148
43 years$2,508$1,518$883$498$275$132
44 years$2,424$1,447$828$460$249$117
45 years$2,343$1,380$778$424$226$104
46 years$2,266$1,316$731$392$205$93
47 years$2,193$1,256$686$362$187$82
48 years$2,123$1,199$645$335$169$73
49 years$2,056$1,145$606$309$154$65
50 years$1,992$1,094$570$286$140$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,040,000, adding $5,794 every year, while hoping to spend $33,543 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: 26/49/25 Blend
34$2,040,000$2,040,000$2,040,000$2,040,000
35$2,254,057$2,145,937$2,114,317$2,294,800
36$2,448,281$2,215,398$2,149,457$2,397,686
37$2,661,192$2,287,139$2,184,650$2,504,724
38$2,894,660$2,361,235$2,219,862$2,618,870
39$3,150,746$2,437,766$2,255,058$2,740,746
40$3,431,718$2,516,813$2,290,199$2,871,033
41$3,740,078$2,598,461$2,325,245$3,010,482
42$4,078,577$2,682,797$2,360,152$3,159,915
43$4,450,249$2,769,911$2,394,874$3,320,235
44$4,858,434$2,859,897$2,429,362$3,492,435
45$5,306,814$2,952,851$2,463,565$3,677,606
46$5,799,442$3,048,874$2,497,428$3,876,948
47$6,340,785$3,148,069$2,530,892$4,091,777
48$6,935,764$3,250,543$2,563,896$4,323,544
49$7,589,800$3,356,408$2,596,374$4,573,841
50$8,308,865$3,465,777$2,628,258$4,844,422
51$9,099,539$3,578,770$2,659,474$5,137,213
52$9,969,072$3,695,510$2,689,946$5,454,335
53$10,925,450$3,816,123$2,719,593$5,798,122
54$11,977,475$3,940,741$2,748,328$6,171,140
55$13,134,841$4,069,501$2,776,060$6,576,213
56$14,408,232$4,202,544$2,802,695$7,016,452
57$15,809,418$4,340,015$2,828,132$7,495,277
58$17,351,369$4,482,066$2,852,265$8,016,455
59$19,048,375$4,628,854$2,874,982$8,584,132
60$20,916,182$4,780,540$2,896,166$9,202,872
61$22,972,138$4,937,292$2,915,693$9,877,701
62$25,235,360$5,099,283$2,933,433$10,614,152
63$27,726,913$5,266,695$2,949,250$11,418,318
64$30,470,007$5,439,712$2,962,999$12,296,907
65$33,490,218$5,618,528$2,974,529$13,257,308
66$36,815,727$5,803,342$2,983,683$14,307,657
67$40,477,587$5,994,362$2,990,292$15,456,915
68$44,510,016$6,191,801$2,994,182$16,714,951
69$48,950,721$6,395,882$2,995,170$18,092,635
70$53,841,248$6,606,834$2,993,062$19,601,941
71$59,227,383$6,824,896$2,987,657$21,256,055
72$65,159,574$7,050,315$2,978,742$23,069,507
73$71,693,416$7,283,345$2,966,095$25,058,297
74$78,890,167$7,524,252$2,949,482$27,240,056
75$86,817,334$7,773,310$2,928,660$29,634,201
76$95,549,304$8,030,804$2,903,371$32,262,128
77$105,168,047$8,297,028$2,873,349$35,147,404
78$115,763,893$8,572,288$2,838,311$38,315,995
79$127,436,380$8,856,899$2,797,964$41,796,508
80$140,295,194$9,151,190$2,751,999$45,620,459
81$154,461,206$9,455,501$2,700,093$49,822,572
82$170,067,613$9,770,184$2,641,910$54,441,104
83$187,261,191$10,095,605$2,577,096$59,518,207
84$206,203,684$10,432,142$2,505,281$65,100,322
85$227,073,331$10,780,187$2,426,078$71,238,622
86$250,066,542$11,140,148$2,339,083$77,989,486
87$275,399,761$11,512,447$2,243,874$85,415,037
88$303,311,500$11,897,520$2,140,008$93,583,726
89$334,064,598$12,295,823$2,027,022$102,570,975
90$367,948,694$12,707,826$1,904,435$112,459,888
91$405,282,967$13,134,016$1,771,740$123,342,039
92$446,419,147$13,574,899$1,628,410$135,318,327
93$491,744,832$14,031,002$1,473,894$148,499,937
94$541,687,152$14,502,868$1,307,616$163,009,380
95$596,716,795$14,991,062$1,128,975$178,981,654
96$657,352,455$15,496,171$937,343$196,565,514
97$724,165,724$16,018,802$732,063$215,924,876
98$797,786,491$16,559,587$512,450$237,240,364
99$878,908,887$17,119,180$277,790$260,711,012
100$968,297,834$17,698,260$27,337$286,556,142