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%17.3%
1 years$170,113$168,598$167,119$165,676$164,267$159,392
2 years$84,214$82,646$81,126$79,652$78,223$73,351
3 years$55,585$54,010$52,494$51,034$49,628$44,913
4 years$41,273$39,703$38,202$36,767$35,395$30,873
5 years$32,689$31,128$29,646$28,241$26,907$22,589
6 years$26,967$25,418$23,959$22,584$21,290$17,182
7 years$22,882$21,346$19,910$18,568$17,315$13,415
8 years$19,820$18,298$16,885$15,576$14,364$10,671
9 years$17,439$15,931$14,543$13,267$12,097$8,606
10 years$15,536$14,043$12,679$11,437$10,307$7,014
11 years$13,980$12,501$11,162$9,953$8,864$5,763
12 years$12,684$11,221$9,906$8,730$7,682$4,766
13 years$11,588$10,140$8,851$7,708$6,699$3,962
14 years$10,649$9,217$7,952$6,842$5,872$3,308
15 years$9,837$8,420$7,180$6,102$5,170$2,771
16 years$9,127$7,725$6,510$5,463$4,569$2,328
17 years$8,501$7,115$5,924$4,909$4,052$1,960
18 years$7,945$6,574$5,407$4,424$3,602$1,654
19 years$7,448$6,093$4,950$3,997$3,211$1,397
20 years$7,001$5,662$4,543$3,620$2,868$1,182
21 years$6,598$5,274$4,179$3,286$2,567$1,002
22 years$6,231$4,923$3,851$2,987$2,301$849
23 years$5,897$4,604$3,556$2,721$2,065$721
24 years$5,592$4,314$3,289$2,481$1,856$612
25 years$5,311$4,048$3,046$2,266$1,670$520
26 years$5,052$3,805$2,825$2,072$1,505$442
27 years$4,813$3,581$2,623$1,897$1,356$376
28 years$4,591$3,374$2,439$1,738$1,224$320
29 years$4,385$3,183$2,269$1,594$1,105$272
30 years$4,193$3,006$2,114$1,462$999$232
31 years$4,014$2,842$1,971$1,343$903$197
32 years$3,846$2,689$1,839$1,234$817$168
33 years$3,689$2,546$1,717$1,135$739$143
34 years$3,542$2,413$1,604$1,044$669$122
35 years$3,403$2,289$1,500$961$606$104
36 years$3,272$2,173$1,403$885$549$89
37 years$3,148$2,064$1,313$816$498$75
38 years$3,032$1,961$1,230$752$451$64
39 years$2,921$1,865$1,152$693$409$55
40 years$2,816$1,774$1,080$640$371$47
41 years$2,717$1,689$1,013$590$337$40
42 years$2,623$1,608$950$545$306$34
43 years$2,533$1,533$891$503$277$29
44 years$2,448$1,461$837$464$252$25
45 years$2,366$1,393$786$429$228$21
46 years$2,289$1,329$738$396$207$18
47 years$2,215$1,268$693$366$188$15
48 years$2,144$1,211$651$338$171$13
49 years$2,076$1,156$612$312$155$11
50 years$2,011$1,104$576$289$141$9

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 $3,484 every year, while hoping to spend $27,736 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: 27/49/24 Blend
34$2,060,000$2,060,000$2,060,000$2,060,000
35$2,273,714$2,164,534$2,132,604$2,317,870
36$2,476,122$2,241,085$2,174,535$2,429,816
37$2,698,246$2,320,458$2,216,942$2,547,279
38$2,942,067$2,402,761$2,259,810$2,672,820
39$3,209,770$2,488,108$2,303,125$2,807,144
40$3,503,758$2,576,616$2,346,871$2,951,023
41$3,826,680$2,668,409$2,391,030$3,105,304
42$4,181,455$2,763,615$2,435,583$3,270,916
43$4,571,297$2,862,366$2,480,509$3,448,879
44$4,999,748$2,964,800$2,525,784$3,640,311
45$5,470,709$3,071,063$2,571,386$3,846,443
46$5,988,480$3,181,303$2,617,286$4,068,624
47$6,557,796$3,295,678$2,663,455$4,308,335
48$7,183,874$3,414,350$2,709,864$4,567,206
49$7,872,464$3,537,487$2,756,480$4,847,026
50$8,629,899$3,665,268$2,803,265$5,149,761
51$9,463,157$3,797,874$2,850,183$5,477,572
52$10,379,927$3,935,498$2,897,192$5,832,837
53$11,388,681$4,078,339$2,944,249$6,218,166
54$12,498,752$4,226,604$2,991,308$6,636,433
55$13,720,427$4,380,509$3,038,318$7,090,796
56$15,065,036$4,540,280$3,085,228$7,584,730
57$16,545,067$4,706,151$3,131,980$8,122,057
58$18,174,279$4,878,367$3,178,516$8,706,983
59$19,967,830$5,057,182$3,224,772$9,344,132
60$21,942,427$5,242,862$3,270,680$10,038,595
61$24,116,476$5,435,684$3,316,169$10,795,973
62$26,510,260$5,635,935$3,361,164$11,622,432
63$29,146,127$5,843,917$3,405,583$12,524,754
64$32,048,705$6,059,942$3,449,344$13,510,409
65$35,245,131$6,284,337$3,492,355$14,587,615
66$38,765,308$6,517,442$3,534,521$15,765,422
67$42,642,185$6,759,613$3,575,744$17,053,791
68$46,912,072$7,011,218$3,615,915$18,463,690
69$51,614,980$7,272,645$3,654,925$20,007,195
70$56,794,998$7,544,294$3,692,655$21,697,600
71$62,500,709$7,826,586$3,728,980$23,549,547
72$68,785,650$8,119,957$3,763,770$25,579,158
73$75,708,816$8,424,865$3,796,886$27,804,186
74$83,335,216$8,741,785$3,828,183$30,244,182
75$91,736,489$9,071,212$3,857,507$32,920,680
76$100,991,575$9,413,666$3,884,698$35,857,393
77$111,187,466$9,769,686$3,909,586$39,080,441
78$122,420,023$10,139,836$3,931,992$42,618,591
79$134,794,880$10,524,703$3,951,729$46,503,531
80$148,428,445$10,924,901$3,968,600$50,770,163
81$163,448,996$11,341,070$3,982,397$55,456,932
82$179,997,889$11,773,878$3,992,903$60,606,187
83$198,230,898$12,224,023$3,999,889$66,264,578
84$218,319,681$12,692,231$4,003,116$72,483,497
85$240,453,400$13,179,261$4,002,332$79,319,553
86$264,840,509$13,685,908$3,997,273$86,835,113
87$291,710,721$14,212,997$3,987,661$95,098,882
88$321,317,173$14,761,393$3,973,207$104,186,551
89$353,938,820$15,331,997$3,953,605$114,181,508
90$389,883,065$15,925,750$3,928,536$125,175,622
91$429,488,661$16,543,635$3,897,666$137,270,109
92$473,128,911$17,186,679$3,860,643$150,576,482
93$521,215,186$17,855,953$3,817,101$165,217,600
94$574,200,816$18,552,575$3,766,655$181,328,827
95$632,585,363$19,277,716$3,708,902$199,059,304
96$696,919,340$20,032,594$3,643,420$218,573,354
97$767,809,406$20,818,484$3,569,768$240,052,027
98$845,924,094$21,636,718$3,487,484$263,694,810
99$932,000,121$22,488,687$3,396,084$289,721,499
100$1,026,849,344$23,375,843$3,295,063$318,374,278