Can I retire at age 35 with 2,060,000?

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 $2,060,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$170,113$168,598$167,119$165,676$164,267$161,214
2 years$84,214$82,646$81,126$79,652$78,223$75,158
3 years$55,585$54,010$52,494$51,034$49,628$46,647
4 years$41,273$39,703$38,202$36,767$35,395$32,522
5 years$32,689$31,128$29,646$28,241$26,907$24,149
6 years$26,967$25,418$23,959$22,584$21,290$18,651
7 years$22,882$21,346$19,910$18,568$17,315$14,794
8 years$19,820$18,298$16,885$15,576$14,364$11,962
9 years$17,439$15,931$14,543$13,267$12,097$9,811
10 years$15,536$14,043$12,679$11,437$10,307$8,136
11 years$13,980$12,501$11,162$9,953$8,864$6,806
12 years$12,684$11,221$9,906$8,730$7,682$5,733
13 years$11,588$10,140$8,851$7,708$6,699$4,856
14 years$10,649$9,217$7,952$6,842$5,872$4,132
15 years$9,837$8,420$7,180$6,102$5,170$3,530
16 years$9,127$7,725$6,510$5,463$4,569$3,025
17 years$8,501$7,115$5,924$4,909$4,052$2,599
18 years$7,945$6,574$5,407$4,424$3,602$2,239
19 years$7,448$6,093$4,950$3,997$3,211$1,932
20 years$7,001$5,662$4,543$3,620$2,868$1,670
21 years$6,598$5,274$4,179$3,286$2,567$1,445
22 years$6,231$4,923$3,851$2,987$2,301$1,252
23 years$5,897$4,604$3,556$2,721$2,065$1,086
24 years$5,592$4,314$3,289$2,481$1,856$943
25 years$5,311$4,048$3,046$2,266$1,670$820
26 years$5,052$3,805$2,825$2,072$1,505$713
27 years$4,813$3,581$2,623$1,897$1,356$620
28 years$4,591$3,374$2,439$1,738$1,224$540
29 years$4,385$3,183$2,269$1,594$1,105$470
30 years$4,193$3,006$2,114$1,462$999$409
31 years$4,014$2,842$1,971$1,343$903$357
32 years$3,846$2,689$1,839$1,234$817$311
33 years$3,689$2,546$1,717$1,135$739$271
34 years$3,542$2,413$1,604$1,044$669$236
35 years$3,403$2,289$1,500$961$606$206
36 years$3,272$2,173$1,403$885$549$180
37 years$3,148$2,064$1,313$816$498$157
38 years$3,032$1,961$1,230$752$451$137
39 years$2,921$1,865$1,152$693$409$120
40 years$2,816$1,774$1,080$640$371$104
41 years$2,717$1,689$1,013$590$337$91
42 years$2,623$1,608$950$545$306$80
43 years$2,533$1,533$891$503$277$69
44 years$2,448$1,461$837$464$252$61
45 years$2,366$1,393$786$429$228$53
46 years$2,289$1,329$738$396$207$46
47 years$2,215$1,268$693$366$188$40
48 years$2,144$1,211$651$338$171$35
49 years$2,076$1,156$612$312$155$31
50 years$2,011$1,104$576$289$141$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,060,000, adding $3,944 every year, while hoping to spend $34,816 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: 58/26/16 Blend
34$2,060,000$2,060,000$2,060,000$2,060,000
35$2,274,188$2,165,008$2,133,078$2,396,466
36$2,469,111$2,234,050$2,167,492$2,548,751
37$2,682,750$2,305,307$2,201,893$2,710,513
38$2,916,976$2,378,853$2,236,241$2,886,053
39$3,173,852$2,454,761$2,270,500$3,076,701
40$3,455,648$2,533,107$2,304,625$3,283,924
41$3,764,866$2,613,972$2,338,572$3,509,335
42$4,104,262$2,697,436$2,372,294$3,754,709
43$4,476,871$2,783,585$2,405,740$4,022,001
44$4,886,036$2,872,504$2,438,856$4,313,363
45$5,335,441$2,964,286$2,471,587$4,631,165
46$5,829,142$3,059,022$2,503,871$4,978,015
47$6,371,609$3,156,809$2,535,646$5,356,786
48$6,967,767$3,257,747$2,566,844$5,770,642
49$7,623,040$3,361,937$2,597,394$6,223,065
50$8,343,405$3,469,487$2,627,221$6,717,894
51$9,135,445$3,580,504$2,656,246$7,259,352
52$10,006,416$3,695,104$2,684,385$7,852,094
53$10,964,308$3,813,403$2,711,550$8,501,246
54$12,017,929$3,935,521$2,737,649$9,212,453
55$13,176,980$4,061,583$2,762,582$9,991,935
56$14,452,150$4,191,719$2,786,247$10,846,542
57$15,855,219$4,326,063$2,808,535$11,783,821
58$17,399,162$4,464,750$2,829,332$12,812,085
59$19,098,278$4,607,925$2,848,516$13,940,492
60$20,968,323$4,755,734$2,865,963$15,179,133
61$23,026,657$4,908,330$2,881,537$16,539,121
62$25,292,407$5,065,869$2,895,099$18,032,703
63$27,786,649$5,228,513$2,906,502$19,673,371
64$30,532,609$5,396,432$2,915,591$21,475,988
65$33,555,875$5,569,798$2,922,204$23,456,931
66$36,884,647$5,748,790$2,926,170$25,634,244
67$40,549,994$5,933,594$2,927,310$28,027,808
68$44,586,155$6,124,402$2,925,436$30,659,528
69$49,030,856$6,321,411$2,920,352$33,553,538
70$53,925,670$6,524,826$2,911,850$36,736,431
71$59,316,405$6,734,859$2,899,714$40,237,510
72$65,253,540$6,951,729$2,883,716$44,089,060
73$71,792,699$7,175,662$2,863,618$48,326,656
74$78,995,176$7,406,891$2,839,171$52,989,498
75$86,928,514$7,645,658$2,810,113$58,120,779
76$95,667,141$7,892,214$2,776,170$63,768,095
77$105,293,073$8,146,816$2,737,056$69,983,890
78$115,896,688$8,409,732$2,692,469$76,825,953
79$127,577,580$8,681,239$2,642,097$84,357,965
80$140,445,495$8,961,621$2,585,608$92,650,094
81$154,621,369$9,251,174$2,522,660$101,779,662
82$170,238,472$9,550,205$2,452,892$111,831,874
83$187,443,659$9,859,028$2,375,927$122,900,618
84$206,398,762$10,177,970$2,291,371$135,089,356
85$227,282,115$10,507,370$2,198,811$148,512,094
86$250,290,237$10,847,577$2,097,817$163,294,465
87$275,639,685$11,198,952$1,987,938$179,574,908
88$303,569,103$11,561,870$1,868,703$197,505,978
89$334,341,467$11,936,718$1,739,620$217,255,785
90$368,246,574$12,323,895$1,600,175$239,009,580
91$405,603,774$12,723,815$1,449,831$262,971,502
92$446,764,983$13,136,906$1,288,025$289,366,508
93$492,118,010$13,563,613$1,114,172$318,442,492
94$542,090,209$14,004,393$927,659$350,472,628
95$597,152,522$14,459,719$727,847$385,757,945
96$657,823,918$14,930,084$514,069$424,630,174
97$724,676,295$15,415,995$285,627$467,454,870
98$798,339,875$15,917,977$41,793$514,634,872
99$879,509,158$16,436,574$0$566,614,099
100$968,949,475$16,972,348$0$623,919,031