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%16.8%
1 years$170,113$168,598$167,119$165,676$164,267$159,713
2 years$84,214$82,646$81,126$79,652$78,223$73,669
3 years$55,585$54,010$52,494$51,034$49,628$45,216
4 years$41,273$39,703$38,202$36,767$35,395$31,160
5 years$32,689$31,128$29,646$28,241$26,907$22,859
6 years$26,967$25,418$23,959$22,584$21,290$17,435
7 years$22,882$21,346$19,910$18,568$17,315$13,651
8 years$19,820$18,298$16,885$15,576$14,364$10,891
9 years$17,439$15,931$14,543$13,267$12,097$8,810
10 years$15,536$14,043$12,679$11,437$10,307$7,203
11 years$13,980$12,501$11,162$9,953$8,864$5,937
12 years$12,684$11,221$9,906$8,730$7,682$4,927
13 years$11,588$10,140$8,851$7,708$6,699$4,109
14 years$10,649$9,217$7,952$6,842$5,872$3,443
15 years$9,837$8,420$7,180$6,102$5,170$2,894
16 years$9,127$7,725$6,510$5,463$4,569$2,440
17 years$8,501$7,115$5,924$4,909$4,052$2,062
18 years$7,945$6,574$5,407$4,424$3,602$1,746
19 years$7,448$6,093$4,950$3,997$3,211$1,481
20 years$7,001$5,662$4,543$3,620$2,868$1,258
21 years$6,598$5,274$4,179$3,286$2,567$1,070
22 years$6,231$4,923$3,851$2,987$2,301$911
23 years$5,897$4,604$3,556$2,721$2,065$776
24 years$5,592$4,314$3,289$2,481$1,856$662
25 years$5,311$4,048$3,046$2,266$1,670$564
26 years$5,052$3,805$2,825$2,072$1,505$482
27 years$4,813$3,581$2,623$1,897$1,356$411
28 years$4,591$3,374$2,439$1,738$1,224$351
29 years$4,385$3,183$2,269$1,594$1,105$300
30 years$4,193$3,006$2,114$1,462$999$257
31 years$4,014$2,842$1,971$1,343$903$220
32 years$3,846$2,689$1,839$1,234$817$188
33 years$3,689$2,546$1,717$1,135$739$161
34 years$3,542$2,413$1,604$1,044$669$137
35 years$3,403$2,289$1,500$961$606$118
36 years$3,272$2,173$1,403$885$549$101
37 years$3,148$2,064$1,313$816$498$86
38 years$3,032$1,961$1,230$752$451$74
39 years$2,921$1,865$1,152$693$409$63
40 years$2,816$1,774$1,080$640$371$54
41 years$2,717$1,689$1,013$590$337$46
42 years$2,623$1,608$950$545$306$40
43 years$2,533$1,533$891$503$277$34
44 years$2,448$1,461$837$464$252$29
45 years$2,366$1,393$786$429$228$25
46 years$2,289$1,329$738$396$207$21
47 years$2,215$1,268$693$366$188$18
48 years$2,144$1,211$651$338$171$16
49 years$2,076$1,156$612$312$155$13
50 years$2,011$1,104$576$289$141$11

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 $2,069 every year, while hoping to spend $42,654 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: 49/36/15 Blend
34$2,060,000$2,060,000$2,060,000$2,060,000
35$2,272,254$2,163,074$2,131,144$2,374,061
36$2,458,641$2,223,681$2,157,154$2,505,077
37$2,662,609$2,285,829$2,182,606$2,642,735
38$2,885,907$2,349,546$2,207,435$2,791,330
39$3,130,461$2,414,865$2,231,575$2,951,904
40$3,398,390$2,481,816$2,254,955$3,125,603
41$3,692,030$2,550,429$2,277,500$3,313,686
42$4,013,951$2,620,734$2,299,131$3,517,542
43$4,366,987$2,692,763$2,319,764$3,738,698
44$4,754,256$2,766,545$2,339,313$3,978,838
45$5,179,194$2,842,109$2,357,684$4,239,814
46$5,645,586$2,919,487$2,374,781$4,523,665
47$6,157,601$2,998,707$2,390,501$4,832,638
48$6,719,830$3,079,797$2,404,736$5,169,206
49$7,337,333$3,162,787$2,417,375$5,536,096
50$8,015,681$3,247,704$2,428,297$5,936,307
51$8,761,014$3,334,575$2,437,379$6,373,146
52$9,580,095$3,423,427$2,444,488$6,850,254
53$10,480,373$3,514,284$2,449,488$7,371,644
54$11,470,058$3,607,171$2,452,233$7,941,733
55$12,558,193$3,702,111$2,452,571$8,565,391
56$13,754,740$3,799,126$2,450,344$9,247,981
57$15,070,677$3,898,236$2,445,384$9,995,413
58$16,518,098$3,999,461$2,437,515$10,814,197
59$18,110,327$4,102,818$2,426,555$11,711,507
60$19,862,045$4,208,321$2,412,310$12,695,246
61$21,789,430$4,315,985$2,394,579$13,774,124
62$23,910,304$4,425,821$2,373,149$14,957,735
63$26,244,306$4,537,836$2,347,800$16,256,653
64$28,813,072$4,652,038$2,318,299$17,682,529
65$31,640,446$4,768,428$2,284,403$19,248,201
66$34,752,698$4,887,008$2,245,857$20,967,815
67$38,178,775$5,007,773$2,202,395$22,856,959
68$41,950,573$5,130,716$2,153,737$24,932,812
69$46,103,238$5,255,827$2,099,594$27,214,301
70$50,675,495$5,383,091$2,039,658$29,722,286
71$55,710,020$5,512,486$1,973,610$32,479,753
72$61,253,833$5,643,989$1,901,118$35,512,031
73$67,358,750$5,777,570$1,821,830$38,847,035
74$74,081,863$5,913,192$1,735,383$42,515,524
75$81,486,089$6,050,814$1,641,394$46,551,396
76$89,640,754$6,190,388$1,539,464$50,992,007
77$98,622,252$6,331,858$1,429,178$55,878,523
78$108,514,764$6,475,162$1,310,098$61,256,309
79$119,411,054$6,620,228$1,181,769$67,175,358
80$131,413,340$6,766,978$1,043,717$73,690,764
81$144,634,263$6,915,322$895,444$80,863,239
82$159,197,949$7,065,164$736,432$88,759,693
83$175,241,177$7,216,394$566,140$97,453,859
84$192,914,672$7,368,893$384,001$107,026,993
85$212,384,530$7,522,530$189,426$117,568,642
86$233,833,778$7,677,160$0$129,177,489
87$257,464,110$7,832,628$0$141,965,201
88$283,497,783$7,988,760$0$156,081,253
89$312,179,720$8,145,372$0$171,627,477
90$343,779,816$8,302,260$0$188,749,535
91$378,595,492$8,459,206$0$207,607,944
92$416,954,496$8,615,971$0$228,379,592
93$459,218,000$8,772,299$0$251,259,405
94$505,784,007$8,927,912$0$276,462,194
95$557,091,108$9,082,512$0$304,224,674
96$613,622,623$9,235,778$0$334,807,707
97$675,911,162$9,387,362$0$368,498,759
98$744,543,652$9,536,893$0$405,614,619
99$820,166,876$9,683,973$0$446,504,385
100$903,493,581$9,828,172$0$491,552,763