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

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 $2,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$168,461$166,961$165,497$164,068$162,672$157,718
2 years$83,397$81,843$80,338$78,879$77,463$72,514
3 years$55,046$53,486$51,984$50,538$49,146$44,357
4 years$40,873$39,318$37,831$36,410$35,051$30,460
5 years$32,371$30,825$29,359$27,966$26,645$22,264
6 years$26,705$25,171$23,726$22,365$21,084$16,916
7 years$22,660$21,139$19,716$18,387$17,147$13,192
8 years$19,627$18,120$16,721$15,425$14,225$10,481
9 years$17,270$15,777$14,402$13,138$11,979$8,443
10 years$15,385$13,906$12,556$11,326$10,207$6,872
11 years$13,844$12,380$11,054$9,857$8,778$5,640
12 years$12,560$11,112$9,810$8,646$7,607$4,658
13 years$11,475$10,042$8,765$7,633$6,634$3,867
14 years$10,546$9,128$7,875$6,775$5,815$3,224
15 years$9,741$8,338$7,110$6,043$5,120$2,697
16 years$9,038$7,650$6,446$5,410$4,525$2,262
17 years$8,418$7,045$5,866$4,861$4,012$1,902
18 years$7,867$6,510$5,355$4,381$3,567$1,602
19 years$7,376$6,034$4,902$3,959$3,180$1,352
20 years$6,933$5,607$4,499$3,585$2,840$1,142
21 years$6,534$5,223$4,138$3,254$2,542$966
22 years$6,171$4,875$3,814$2,958$2,278$818
23 years$5,840$4,560$3,522$2,694$2,045$693
24 years$5,538$4,272$3,257$2,457$1,838$588
25 years$5,259$4,009$3,016$2,244$1,654$499
26 years$5,003$3,768$2,798$2,052$1,490$423
27 years$4,766$3,546$2,598$1,878$1,343$359
28 years$4,547$3,341$2,415$1,721$1,212$305
29 years$4,343$3,152$2,247$1,578$1,094$259
30 years$4,153$2,977$2,093$1,448$989$220
31 years$3,975$2,814$1,952$1,330$894$187
32 years$3,809$2,663$1,821$1,222$809$159
33 years$3,653$2,522$1,700$1,124$732$135
34 years$3,507$2,390$1,589$1,034$663$115
35 years$3,370$2,267$1,485$952$600$98
36 years$3,240$2,152$1,389$877$544$83
37 years$3,118$2,044$1,300$808$493$71
38 years$3,002$1,942$1,218$745$447$60
39 years$2,893$1,847$1,141$687$405$51
40 years$2,789$1,757$1,069$633$368$44
41 years$2,691$1,673$1,003$584$333$37
42 years$2,597$1,593$941$539$303$32
43 years$2,508$1,518$883$498$275$27
44 years$2,424$1,447$828$460$249$23
45 years$2,343$1,380$778$424$226$19
46 years$2,266$1,316$731$392$205$17
47 years$2,193$1,256$686$362$187$14
48 years$2,123$1,199$645$335$169$12
49 years$2,056$1,145$606$309$154$10
50 years$1,992$1,094$570$286$140$9

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 $5,730 every year, while hoping to spend $33,032 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: 47/44/9 Blend
34$2,040,000$2,040,000$2,040,000$2,040,000
35$2,253,990$2,145,870$2,114,250$2,354,108
36$2,448,752$2,215,872$2,149,932$2,493,589
37$2,662,272$2,288,197$2,185,702$2,640,969
38$2,896,428$2,362,924$2,221,528$2,800,154
39$3,153,291$2,440,135$2,257,377$2,972,251
40$3,435,139$2,519,913$2,293,211$3,158,475
41$3,744,482$2,602,348$2,328,992$3,360,164
42$4,084,085$2,687,529$2,364,679$3,578,788
43$4,456,995$2,775,550$2,400,229$3,815,963
44$4,866,565$2,866,509$2,435,593$4,073,468
45$5,316,493$2,960,507$2,470,724$4,353,259
46$5,810,850$3,057,646$2,505,568$4,657,489
47$6,354,122$3,158,036$2,540,069$4,988,526
48$6,951,250$3,261,787$2,574,169$5,348,975
49$7,607,679$3,369,016$2,607,806$5,741,703
50$8,329,406$3,479,843$2,640,912$6,169,868
51$9,123,042$3,594,390$2,673,418$6,636,941
52$9,995,865$3,712,788$2,705,250$7,146,748
53$10,955,897$3,835,169$2,736,330$7,703,496
54$12,011,977$3,961,671$2,766,576$8,311,819
55$13,173,843$4,092,437$2,795,900$8,976,820
56$14,452,223$4,227,615$2,824,211$9,704,115
57$15,858,939$4,367,357$2,851,412$10,499,889
58$17,407,017$4,511,824$2,877,400$11,370,951
59$19,110,808$4,661,179$2,902,069$12,324,803
60$20,986,127$4,815,593$2,925,304$13,369,702
61$23,050,398$4,975,243$2,946,988$14,514,745
62$25,322,821$5,140,312$2,966,994$15,769,948
63$27,824,551$5,310,990$2,985,191$17,146,344
64$30,578,901$5,487,473$3,001,440$18,656,086
65$33,611,555$5,669,966$3,015,595$20,312,559
66$36,950,819$5,858,680$3,027,502$22,130,504
67$40,627,880$6,053,833$3,037,002$24,126,164
68$44,677,106$6,255,653$3,043,924$26,317,426
69$49,136,367$6,464,376$3,048,091$28,723,998
70$54,047,391$6,680,245$3,049,317$31,367,588
71$59,456,162$6,903,514$3,047,406$34,272,111
72$65,413,349$7,134,445$3,042,153$37,463,914
73$71,974,789$7,373,311$3,033,343$40,972,023
74$79,202,007$7,620,393$3,020,749$44,828,413
75$87,162,804$7,875,985$3,004,137$49,068,315
76$95,931,892$8,140,389$2,983,257$53,730,542
77$105,591,598$8,413,922$2,957,850$58,857,856
78$116,232,647$8,696,909$2,927,643$64,497,373
79$127,955,009$8,989,690$2,892,351$70,701,002
80$140,868,851$9,292,617$2,851,676$77,525,937
81$155,095,572$9,606,053$2,805,305$85,035,196
82$170,768,948$9,930,377$2,752,911$93,298,210
83$188,036,398$10,265,983$2,694,151$102,391,484
84$207,060,372$10,613,278$2,628,666$112,399,312
85$228,019,886$10,972,684$2,556,082$123,414,575
86$251,112,209$11,344,640$2,476,006$135,539,612
87$276,554,730$11,729,603$2,388,028$148,887,190
88$304,587,004$12,128,045$2,291,718$163,581,563
89$335,473,016$12,540,457$2,186,629$179,759,645
90$369,503,673$12,967,349$2,072,290$197,572,299
91$406,999,548$13,409,249$1,948,211$217,185,763
92$448,313,906$13,866,707$1,813,881$238,783,214
93$493,836,042$14,340,293$1,668,764$262,566,495
94$543,994,950$14,830,599$1,512,299$288,758,022
95$599,263,378$15,338,241$1,343,904$317,602,881
96$660,162,285$15,863,857$1,162,967$349,371,134
97$727,265,762$16,408,111$968,851$384,360,376
98$801,206,453$16,971,691$760,890$422,898,532
99$882,681,521$17,555,313$538,389$465,346,958
100$972,459,233$18,159,721$300,623$512,103,848