Can I retire at age 35 with 2,050,000?

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 $2,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$169,287$167,779$166,308$164,872$163,470$159,908
2 years$83,805$82,245$80,732$79,265$77,843$74,272
3 years$55,315$53,748$52,239$50,786$49,387$45,919
4 years$41,073$39,510$38,017$36,589$35,223$31,885
5 years$32,530$30,977$29,502$28,104$26,776$23,576
6 years$26,836$25,295$23,842$22,475$21,187$18,130
7 years$22,771$21,242$19,813$18,478$17,231$14,316
8 years$19,724$18,209$16,803$15,500$14,294$11,522
9 years$17,355$15,854$14,472$13,203$12,038$9,405
10 years$15,460$13,974$12,617$11,381$10,257$7,761
11 years$13,912$12,441$11,108$9,905$8,821$6,459
12 years$12,622$11,166$9,858$8,688$7,644$5,413
13 years$11,532$10,091$8,808$7,670$6,666$4,560
14 years$10,598$9,172$7,914$6,809$5,843$3,860
15 years$9,789$8,379$7,145$6,072$5,145$3,279
16 years$9,082$7,688$6,478$5,437$4,547$2,794
17 years$8,459$7,080$5,895$4,885$4,032$2,387
18 years$7,906$6,542$5,381$4,402$3,585$2,044
19 years$7,412$6,063$4,926$3,978$3,195$1,753
20 years$6,967$5,634$4,521$3,603$2,854$1,506
21 years$6,566$5,248$4,158$3,270$2,554$1,296
22 years$6,201$4,899$3,833$2,973$2,289$1,116
23 years$5,869$4,582$3,539$2,708$2,055$962
24 years$5,565$4,293$3,273$2,469$1,847$830
25 years$5,285$4,029$3,031$2,255$1,662$717
26 years$5,028$3,786$2,811$2,062$1,497$619
27 years$4,790$3,563$2,611$1,887$1,350$535
28 years$4,569$3,358$2,427$1,729$1,218$463
29 years$4,364$3,168$2,258$1,586$1,100$400
30 years$4,173$2,992$2,104$1,455$994$347
31 years$3,995$2,828$1,961$1,337$898$300
32 years$3,828$2,676$1,830$1,228$813$260
33 years$3,671$2,534$1,708$1,130$736$225
34 years$3,524$2,402$1,596$1,039$666$195
35 years$3,386$2,278$1,492$957$603$169
36 years$3,256$2,162$1,396$881$546$146
37 years$3,133$2,054$1,307$812$495$127
38 years$3,017$1,952$1,224$748$449$110
39 years$2,907$1,856$1,146$690$407$95
40 years$2,803$1,766$1,075$636$369$83
41 years$2,704$1,681$1,008$587$335$72
42 years$2,610$1,601$945$542$304$62
43 years$2,521$1,525$887$500$276$54
44 years$2,436$1,454$833$462$250$47
45 years$2,355$1,386$782$427$227$40
46 years$2,277$1,322$734$394$206$35
47 years$2,204$1,262$690$364$187$30
48 years$2,133$1,205$648$336$170$26
49 years$2,066$1,150$609$311$155$23
50 years$2,002$1,099$573$287$140$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,050,000, adding $4,750 every year, while hoping to spend $30,990 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: 62/15/23 Blend
34$2,050,000$2,050,000$2,050,000$2,050,000
35$2,264,000$2,155,350$2,123,575$2,390,400
36$2,461,954$2,227,989$2,161,741$2,549,118
37$2,679,062$2,303,148$2,200,148$2,718,492
38$2,917,243$2,380,919$2,238,770$2,902,729
39$3,178,614$2,461,396$2,277,580$3,103,282
40$3,465,504$2,544,676$2,316,551$3,321,754
41$3,780,482$2,630,862$2,355,651$3,559,907
42$4,126,374$2,720,057$2,394,849$3,819,682
43$4,506,296$2,812,372$2,434,108$4,103,216
44$4,923,680$2,907,919$2,473,392$4,412,862
45$5,382,305$3,006,818$2,512,661$4,751,214
46$5,886,338$3,109,189$2,551,873$5,121,126
47$6,440,365$3,215,160$2,590,981$5,525,741
48$7,049,443$3,324,863$2,629,939$5,968,524
49$7,719,139$3,438,435$2,668,695$6,453,288
50$8,455,590$3,556,017$2,707,195$6,984,235
51$9,265,555$3,677,757$2,745,382$7,565,995
52$10,156,483$3,803,808$2,783,193$8,203,664
53$11,136,579$3,934,330$2,820,566$8,902,860
54$12,214,886$4,069,488$2,857,430$9,669,770
55$13,401,365$4,209,453$2,893,715$10,511,210
56$14,706,992$4,354,405$2,929,342$11,434,691
57$16,143,862$4,504,527$2,964,232$12,448,484
58$17,725,301$4,660,014$2,998,298$13,561,706
59$19,465,991$4,821,064$3,031,451$14,784,398
60$21,382,113$4,987,886$3,063,595$16,127,625
61$23,491,492$5,160,696$3,094,629$17,603,577
62$25,813,772$5,339,719$3,124,447$19,225,686
63$28,370,599$5,525,187$3,152,938$21,008,750
64$31,185,823$5,717,344$3,179,984$22,969,076
65$34,285,724$5,916,441$3,205,461$25,124,630
66$37,699,262$6,122,741$3,229,238$27,495,209
67$41,458,347$6,336,515$3,251,178$30,102,625
68$45,598,142$6,558,049$3,271,136$32,970,914
69$50,157,395$6,787,635$3,288,961$36,126,559
70$55,178,800$7,025,580$3,304,493$39,598,744
71$60,709,408$7,272,204$3,317,563$43,419,623
72$66,801,062$7,527,836$3,327,996$47,624,629
73$73,510,893$7,792,823$3,335,607$52,252,807
74$80,901,855$8,067,522$3,340,200$57,347,179
75$89,043,319$8,352,305$3,341,572$62,955,154
76$98,011,731$8,647,562$3,339,508$69,128,973
77$107,891,330$8,953,695$3,333,784$75,926,201
78$118,774,944$9,271,124$3,324,164$83,410,272
79$130,764,865$9,600,286$3,310,400$91,651,087
80$143,973,817$9,941,635$3,292,234$100,725,673
81$158,526,016$10,295,646$3,269,394$110,718,910
82$174,558,347$10,662,809$3,241,595$121,724,333
83$192,221,649$11,043,637$3,208,540$133,845,012
84$211,682,146$11,438,665$3,169,915$147,194,528
85$233,123,011$11,848,446$3,125,393$161,898,041
86$256,746,097$12,273,558$3,074,633$178,093,475
87$282,773,841$12,714,605$3,017,275$195,932,819
88$311,451,363$13,172,211$2,952,944$215,583,557
89$343,048,783$13,647,029$2,881,248$237,230,256
90$377,863,764$14,139,739$2,801,776$261,076,302
91$416,224,330$14,651,049$2,714,097$287,345,822
92$458,491,955$15,181,693$2,617,763$316,285,799
93$505,064,980$15,732,441$2,512,303$348,168,406
94$556,382,368$16,304,091$2,397,225$383,293,570
95$612,927,854$16,897,476$2,272,017$421,991,805
96$675,234,506$17,513,463$2,136,140$464,627,336
97$743,889,758$18,152,956$1,989,034$511,601,530
98$819,540,959$18,816,896$1,830,111$563,356,690
99$902,901,476$19,506,264$1,658,760$620,380,227
100$994,757,438$20,222,082$1,474,340$683,209,264