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%16.6%
1 years$168,461$166,961$165,497$164,068$162,672$158,291
2 years$83,397$81,843$80,338$78,879$77,463$73,080
3 years$55,046$53,486$51,984$50,538$49,146$44,898
4 years$40,873$39,318$37,831$36,410$35,051$30,972
5 years$32,371$30,825$29,359$27,966$26,645$22,746
6 years$26,705$25,171$23,726$22,365$21,084$17,367
7 years$22,660$21,139$19,716$18,387$17,147$13,614
8 years$19,627$18,120$16,721$15,425$14,225$10,873
9 years$17,270$15,777$14,402$13,138$11,979$8,807
10 years$15,385$13,906$12,556$11,326$10,207$7,209
11 years$13,844$12,380$11,054$9,857$8,778$5,950
12 years$12,560$11,112$9,810$8,646$7,607$4,944
13 years$11,475$10,042$8,765$7,633$6,634$4,129
14 years$10,546$9,128$7,875$6,775$5,815$3,464
15 years$9,741$8,338$7,110$6,043$5,120$2,916
16 years$9,038$7,650$6,446$5,410$4,525$2,462
17 years$8,418$7,045$5,866$4,861$4,012$2,084
18 years$7,867$6,510$5,355$4,381$3,567$1,767
19 years$7,376$6,034$4,902$3,959$3,180$1,501
20 years$6,933$5,607$4,499$3,585$2,840$1,277
21 years$6,534$5,223$4,138$3,254$2,542$1,088
22 years$6,171$4,875$3,814$2,958$2,278$927
23 years$5,840$4,560$3,522$2,694$2,045$791
24 years$5,538$4,272$3,257$2,457$1,838$676
25 years$5,259$4,009$3,016$2,244$1,654$577
26 years$5,003$3,768$2,798$2,052$1,490$494
27 years$4,766$3,546$2,598$1,878$1,343$422
28 years$4,547$3,341$2,415$1,721$1,212$361
29 years$4,343$3,152$2,247$1,578$1,094$309
30 years$4,153$2,977$2,093$1,448$989$265
31 years$3,975$2,814$1,952$1,330$894$227
32 years$3,809$2,663$1,821$1,222$809$194
33 years$3,653$2,522$1,700$1,124$732$166
34 years$3,507$2,390$1,589$1,034$663$143
35 years$3,370$2,267$1,485$952$600$122
36 years$3,240$2,152$1,389$877$544$105
37 years$3,118$2,044$1,300$808$493$90
38 years$3,002$1,942$1,218$745$447$77
39 years$2,893$1,847$1,141$687$405$66
40 years$2,789$1,757$1,069$633$368$57
41 years$2,691$1,673$1,003$584$333$48
42 years$2,597$1,593$941$539$303$42
43 years$2,508$1,518$883$498$275$36
44 years$2,424$1,447$828$460$249$31
45 years$2,343$1,380$778$424$226$26
46 years$2,266$1,316$731$392$205$22
47 years$2,193$1,256$686$362$187$19
48 years$2,123$1,199$645$335$169$17
49 years$2,056$1,145$606$309$154$14
50 years$1,992$1,094$570$286$140$12

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 $5,309 every year, while hoping to spend $24,365 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: 39/39/22 Blend
34$2,040,000$2,040,000$2,040,000$2,040,000
35$2,253,556$2,145,436$2,113,816$2,326,508
36$2,457,495$2,224,638$2,158,705$2,458,846
37$2,681,418$2,306,905$2,204,281$2,599,157
38$2,927,340$2,392,360$2,250,541$2,750,384
39$3,197,477$2,481,134$2,297,482$2,913,532
40$3,494,271$2,573,361$2,345,100$3,089,706
41$3,820,414$2,669,183$2,393,388$3,280,118
42$4,178,870$2,768,747$2,442,340$3,486,101
43$4,572,905$2,872,206$2,491,948$3,709,120
44$5,006,117$2,979,719$2,542,204$3,950,784
45$5,482,470$3,091,454$2,593,097$4,212,864
46$6,006,331$3,207,585$2,644,615$4,497,304
47$6,582,512$3,328,292$2,696,745$4,806,245
48$7,216,316$3,453,766$2,749,474$5,142,038
49$7,913,582$3,584,203$2,802,783$5,507,272
50$8,680,748$3,719,809$2,856,657$5,904,793
51$9,524,904$3,860,799$2,911,075$6,337,731
52$10,453,864$4,007,398$2,966,015$6,809,532
53$11,476,236$4,159,838$3,021,454$7,323,986
54$12,601,506$4,318,365$3,077,368$7,885,265
55$13,840,127$4,483,232$3,133,727$8,497,957
56$15,203,615$4,654,706$3,190,502$9,167,115
57$16,704,661$4,833,063$3,247,661$9,898,299
58$18,357,247$5,018,594$3,305,168$10,697,629
59$20,176,781$5,211,600$3,362,986$11,571,842
60$22,180,241$5,412,397$3,421,074$12,528,355
61$24,386,335$5,621,314$3,479,390$13,575,333
62$26,815,678$5,838,694$3,537,886$14,721,767
63$29,490,984$6,064,897$3,596,512$15,977,553
64$32,437,285$6,300,298$3,655,216$17,353,591
65$35,682,163$6,545,287$3,713,940$18,861,883
66$39,256,011$6,800,274$3,772,624$20,515,645
67$43,192,321$7,065,684$3,831,204$22,329,431
68$47,527,998$7,341,963$3,889,610$24,319,268
69$52,303,712$7,629,577$3,947,770$26,502,810
70$57,564,276$7,929,012$4,005,605$28,899,497
71$63,359,073$8,240,774$4,063,034$31,530,744
72$69,742,522$8,565,396$4,119,969$34,420,134
73$76,774,588$8,903,429$4,176,318$37,593,645
74$84,521,353$9,255,454$4,231,981$41,079,893
75$93,055,634$9,622,074$4,286,855$44,910,397
76$102,457,674$10,003,921$4,340,831$49,119,877
77$112,815,899$10,401,656$4,393,791$53,746,581
78$124,227,750$10,815,967$4,445,612$58,832,641
79$136,800,607$11,247,575$4,496,166$64,424,472
80$150,652,795$11,697,233$4,545,314$70,573,205
81$165,914,711$12,165,728$4,592,913$77,335,171
82$182,730,045$12,653,882$4,638,809$84,772,428
83$201,257,142$13,162,554$4,682,841$92,953,344
84$221,670,495$13,692,644$4,724,841$101,953,241
85$244,162,391$14,245,089$4,764,629$111,855,106
86$268,944,728$14,820,872$4,802,017$122,750,365
87$296,251,013$15,421,017$4,836,808$134,739,752
88$326,338,568$16,046,599$4,868,792$147,934,248
89$359,490,957$16,698,737$4,897,752$162,456,134
90$396,020,664$17,378,605$4,923,456$178,440,137
91$436,272,043$18,087,428$4,945,663$196,034,699
92$480,624,566$18,826,486$4,964,118$215,403,376
93$529,496,409$19,597,122$4,978,553$236,726,381
94$583,348,397$20,400,734$4,988,688$260,202,276
95$642,688,352$21,238,789$4,994,228$286,049,845
96$708,075,894$22,112,819$4,994,864$314,510,159
97$780,127,714$23,024,427$4,990,272$345,848,842
98$859,523,405$23,975,288$4,980,110$380,358,577
99$947,011,870$24,967,155$4,964,021$418,361,864
100$1,043,418,397$26,001,861$4,941,631$460,214,061