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

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 $2,060,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$170,113$168,598$167,119$165,676$164,267$162,891
2 years$84,214$82,646$81,126$79,652$78,223$76,835
3 years$55,585$54,010$52,494$51,034$49,628$48,273
4 years$41,273$39,703$38,202$36,767$35,395$34,082
5 years$32,689$31,128$29,646$28,241$26,907$25,641
6 years$26,967$25,418$23,959$22,584$21,290$20,072
7 years$22,882$21,346$19,910$18,568$17,315$16,145
8 years$19,820$18,298$16,885$15,576$14,364$13,243
9 years$17,439$15,931$14,543$13,267$12,097$11,024
10 years$15,536$14,043$12,679$11,437$10,307$9,282
11 years$13,980$12,501$11,162$9,953$8,864$7,886
12 years$12,684$11,221$9,906$8,730$7,682$6,750
13 years$11,588$10,140$8,851$7,708$6,699$5,811
14 years$10,649$9,217$7,952$6,842$5,872$5,029
15 years$9,837$8,420$7,180$6,102$5,170$4,369
16 years$9,127$7,725$6,510$5,463$4,569$3,810
17 years$8,501$7,115$5,924$4,909$4,052$3,332
18 years$7,945$6,574$5,407$4,424$3,602$2,922
19 years$7,448$6,093$4,950$3,997$3,211$2,568
20 years$7,001$5,662$4,543$3,620$2,868$2,261
21 years$6,598$5,274$4,179$3,286$2,567$1,994
22 years$6,231$4,923$3,851$2,987$2,301$1,761
23 years$5,897$4,604$3,556$2,721$2,065$1,557
24 years$5,592$4,314$3,289$2,481$1,856$1,379
25 years$5,311$4,048$3,046$2,266$1,670$1,222
26 years$5,052$3,805$2,825$2,072$1,505$1,084
27 years$4,813$3,581$2,623$1,897$1,356$962
28 years$4,591$3,374$2,439$1,738$1,224$854
29 years$4,385$3,183$2,269$1,594$1,105$759
30 years$4,193$3,006$2,114$1,462$999$675
31 years$4,014$2,842$1,971$1,343$903$600
32 years$3,846$2,689$1,839$1,234$817$534
33 years$3,689$2,546$1,717$1,135$739$476
34 years$3,542$2,413$1,604$1,044$669$424
35 years$3,403$2,289$1,500$961$606$377
36 years$3,272$2,173$1,403$885$549$336
37 years$3,148$2,064$1,313$816$498$300
38 years$3,032$1,961$1,230$752$451$267
39 years$2,921$1,865$1,152$693$409$238
40 years$2,816$1,774$1,080$640$371$212
41 years$2,717$1,689$1,013$590$337$189
42 years$2,623$1,608$950$545$306$169
43 years$2,533$1,533$891$503$277$151
44 years$2,448$1,461$837$464$252$134
45 years$2,366$1,393$786$429$228$120
46 years$2,289$1,329$738$396$207$107
47 years$2,215$1,268$693$366$188$95
48 years$2,144$1,211$651$338$171$85
49 years$2,076$1,156$612$312$155$76
50 years$2,011$1,104$576$289$141$68

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 $5,963 every year, while hoping to spend $29,677 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: 43/44/13 Blend
34$2,060,000$2,060,000$2,060,000$2,060,000
35$2,276,271$2,167,091$2,135,161$2,365,317
36$2,476,874$2,241,702$2,175,113$2,502,812
37$2,696,945$2,318,975$2,215,408$2,648,244
38$2,938,436$2,399,008$2,256,028$2,805,146
39$3,203,502$2,481,904$2,296,950$2,974,584
40$3,494,512$2,567,771$2,338,151$3,157,726
41$3,814,080$2,656,719$2,379,606$3,355,860
42$4,165,082$2,748,864$2,421,289$3,570,398
43$4,550,688$2,844,326$2,463,170$3,802,893
44$4,974,390$2,943,230$2,505,218$4,055,054
45$5,440,035$3,045,706$2,547,400$4,328,760
46$5,951,861$3,151,887$2,589,680$4,626,075
47$6,514,537$3,261,916$2,632,020$4,949,273
48$7,133,207$3,375,937$2,674,380$5,300,852
49$7,813,538$3,494,102$2,716,715$5,683,562
50$8,561,774$3,616,568$2,758,981$6,100,429
51$9,384,795$3,743,499$2,801,126$6,554,782
52$10,290,180$3,875,067$2,843,100$7,050,284
53$11,286,280$4,011,447$2,884,846$7,590,967
54$12,382,298$4,152,825$2,926,306$8,181,268
55$13,588,371$4,299,393$2,967,416$8,826,072
56$14,915,671$4,451,349$3,008,110$9,530,756
57$16,376,506$4,608,901$3,048,318$10,301,238
58$17,984,438$4,772,266$3,087,965$11,144,035
59$19,754,411$4,941,667$3,126,973$12,066,322
60$21,702,892$5,117,340$3,165,257$13,075,998
61$23,848,024$5,299,527$3,202,730$14,181,761
62$26,209,800$5,488,481$3,239,299$15,393,190
63$28,810,249$5,684,466$3,274,865$16,720,831
64$31,673,646$5,887,757$3,309,325$18,176,302
65$34,826,739$6,098,638$3,342,568$19,772,393
66$38,299,003$6,317,408$3,374,481$21,523,193
67$42,122,916$6,544,375$3,404,940$23,444,220
68$46,334,266$6,779,862$3,433,819$25,552,563
69$50,972,491$7,024,205$3,460,981$27,867,048
70$56,081,046$7,277,753$3,486,285$30,408,408
71$61,707,819$7,540,869$3,509,582$33,199,484
72$67,905,578$7,813,933$3,530,715$36,265,434
73$74,732,471$8,097,339$3,549,517$39,633,973
74$82,252,573$8,391,499$3,565,816$43,335,629
75$90,536,493$8,696,840$3,579,429$47,404,036
76$99,662,039$9,013,809$3,590,164$51,876,242
77$109,714,952$9,342,871$3,597,819$56,793,065
78$120,789,715$9,684,509$3,602,184$62,199,473
79$132,990,444$10,039,228$3,603,035$68,145,004
80$146,431,873$10,407,554$3,600,141$74,684,239
81$161,240,435$10,790,035$3,593,256$81,877,309
82$177,555,454$11,187,241$3,582,125$89,790,463
83$195,530,463$11,599,769$3,566,478$98,496,693
84$215,334,649$12,028,237$3,546,035$108,076,420
85$237,154,456$12,473,292$3,520,499$118,618,250
86$261,195,336$12,935,609$3,489,561$130,219,809
87$287,683,696$13,415,890$3,452,897$142,988,663
88$316,869,032$13,914,867$3,410,168$157,043,331
89$349,026,282$14,433,305$3,361,018$172,514,400
90$384,458,425$14,971,999$3,305,074$189,545,758
91$423,499,338$15,531,781$3,241,948$208,295,947
92$466,516,947$16,113,515$3,171,230$228,939,658
93$513,916,705$16,718,106$3,092,495$251,669,377
94$566,145,411$17,346,495$3,005,296$276,697,202
95$623,695,434$17,999,665$2,909,165$304,256,837
96$687,109,361$18,678,641$2,803,614$334,605,800
97$756,985,113$19,384,492$2,688,133$368,027,847
98$833,981,596$20,118,334$2,562,187$404,835,651
99$918,824,917$20,881,329$2,425,217$445,373,747
100$1,012,315,237$21,674,694$2,276,641$490,021,784