Can I retire at age 35 with 2,070,000?

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 $2,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$170,939$169,416$167,930$166,481$165,065$161,205
2 years$84,623$83,047$81,520$80,039$78,602$74,736
3 years$55,855$54,272$52,749$51,282$49,868$46,116
4 years$41,474$39,896$38,387$36,945$35,567$31,957
5 years$32,847$31,279$29,790$28,378$27,037$23,580
6 years$27,098$25,541$24,075$22,694$21,394$18,093
7 years$22,993$21,450$20,006$18,658$17,399$14,255
8 years$19,916$18,386$16,967$15,652$14,434$11,446
9 years$17,524$16,009$14,614$13,332$12,155$9,321
10 years$15,611$14,111$12,741$11,492$10,357$7,673
11 years$14,047$12,562$11,217$10,002$8,907$6,369
12 years$12,745$11,275$9,954$8,773$7,719$5,323
13 years$11,644$10,189$8,894$7,745$6,731$4,473
14 years$10,701$9,262$7,991$6,875$5,900$3,776
15 years$9,885$8,461$7,215$6,131$5,195$3,199
16 years$9,171$7,763$6,541$5,490$4,592$2,718
17 years$8,542$7,149$5,952$4,933$4,071$2,315
18 years$7,983$6,606$5,434$4,445$3,620$1,977
19 years$7,484$6,122$4,974$4,017$3,226$1,691
20 years$7,035$5,689$4,565$3,638$2,882$1,448
21 years$6,630$5,299$4,199$3,302$2,579$1,242
22 years$6,262$4,947$3,870$3,002$2,312$1,066
23 years$5,926$4,627$3,573$2,734$2,075$916
24 years$5,619$4,335$3,305$2,494$1,865$788
25 years$5,337$4,068$3,061$2,277$1,678$678
26 years$5,077$3,823$2,839$2,082$1,512$584
27 years$4,836$3,598$2,636$1,906$1,363$503
28 years$4,614$3,391$2,451$1,746$1,230$434
29 years$4,407$3,199$2,280$1,601$1,111$374
30 years$4,214$3,021$2,124$1,470$1,003$323
31 years$4,034$2,856$1,980$1,350$907$278
32 years$3,865$2,702$1,848$1,240$821$240
33 years$3,707$2,559$1,725$1,141$743$207
34 years$3,559$2,425$1,612$1,050$672$179
35 years$3,419$2,300$1,507$966$609$155
36 years$3,288$2,183$1,410$890$552$134
37 years$3,164$2,074$1,320$820$500$115
38 years$3,046$1,971$1,236$756$453$100
39 years$2,935$1,874$1,158$697$411$86
40 years$2,830$1,783$1,085$643$373$74
41 years$2,730$1,697$1,017$593$338$64
42 years$2,635$1,616$954$547$307$55
43 years$2,545$1,540$896$505$279$48
44 years$2,459$1,468$841$466$253$41
45 years$2,378$1,400$789$431$230$36
46 years$2,300$1,335$741$398$208$31
47 years$2,225$1,274$697$368$189$27
48 years$2,154$1,217$655$340$172$23
49 years$2,086$1,162$615$314$156$20
50 years$2,021$1,110$578$290$142$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,070,000, adding $4,892 every year, while hoping to spend $23,305 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: 40/39/21 Blend
34$2,070,000$2,070,000$2,070,000$2,070,000
35$2,286,186$2,176,476$2,144,391$2,363,239
36$2,494,581$2,258,327$2,191,432$2,500,793
37$2,723,451$2,343,408$2,239,267$2,646,920
38$2,974,859$2,431,852$2,287,900$2,804,533
39$3,251,081$2,523,798$2,337,330$2,974,692
40$3,554,620$2,619,393$2,387,559$3,158,559
41$3,888,235$2,718,787$2,438,587$3,357,414
42$4,254,967$2,822,140$2,490,412$3,572,661
43$4,658,165$2,929,616$2,543,032$3,805,844
44$5,101,519$3,041,389$2,596,444$4,058,659
45$5,589,094$3,157,636$2,650,645$4,332,971
46$6,125,369$3,278,548$2,705,629$4,630,829
47$6,715,279$3,404,319$2,761,390$4,954,489
48$7,364,261$3,535,154$2,817,920$5,306,429
49$8,078,306$3,671,267$2,875,211$5,689,375
50$8,864,014$3,812,880$2,933,251$6,106,326
51$9,728,659$3,960,227$2,992,031$6,560,580
52$10,680,254$4,113,550$3,051,536$7,055,767
53$11,727,629$4,273,103$3,111,751$7,595,879
54$12,880,513$4,439,150$3,172,660$8,185,310
55$14,149,626$4,611,969$3,234,245$8,828,894
56$15,546,780$4,791,848$3,296,484$9,531,953
57$17,084,991$4,979,089$3,359,357$10,300,341
58$18,778,602$5,174,006$3,422,837$11,140,505
59$20,643,416$5,376,929$3,486,899$12,059,540
60$22,696,847$5,588,201$3,551,512$13,065,256
61$24,958,084$5,808,181$3,616,646$14,166,252
62$27,448,271$6,037,244$3,682,266$15,371,994
63$30,190,708$6,275,782$3,748,335$16,692,904
64$33,211,068$6,524,204$3,814,813$18,140,460
65$36,537,644$6,782,937$3,881,656$19,727,297
66$40,201,611$7,052,428$3,948,818$21,467,330
67$44,237,322$7,333,143$4,016,250$23,375,882
68$48,682,632$7,625,571$4,083,898$25,469,829
69$53,579,257$7,930,220$4,151,705$27,767,753
70$58,973,164$8,247,623$4,219,610$30,290,124
71$64,915,007$8,578,338$4,287,548$33,059,482
72$71,460,606$8,922,944$4,355,448$36,100,655
73$78,671,470$9,282,051$4,423,238$39,440,991
74$86,615,381$9,656,293$4,490,838$43,110,609
75$95,367,034$10,046,334$4,558,165$47,142,690
76$105,008,736$10,452,870$4,625,129$51,573,779
77$115,631,192$10,876,625$4,691,635$56,444,135
78$127,334,352$11,318,359$4,757,584$61,798,105
79$140,228,362$11,778,864$4,822,868$67,684,543
80$154,434,596$12,258,970$4,887,376$74,157,266
81$170,086,809$12,759,543$4,950,987$81,275,562
82$187,332,394$13,281,491$5,013,575$89,104,745
83$206,333,776$13,825,762$5,075,008$97,716,771
84$227,269,943$14,393,346$5,135,142$107,190,914
85$250,338,138$14,985,281$5,193,831$117,614,510
86$275,755,719$15,602,651$5,250,915$129,083,780
87$303,762,210$16,246,588$5,306,228$141,704,734
88$334,621,565$16,918,281$5,359,596$155,594,171
89$368,624,656$17,618,967$5,410,834$170,880,774
90$406,092,020$18,349,946$5,459,746$187,706,325
91$447,376,886$19,112,574$5,506,128$206,227,038
92$492,868,508$19,908,270$5,549,763$226,615,031
93$542,995,840$20,738,519$5,590,424$249,059,944
94$598,231,585$21,604,875$5,627,872$273,770,729
95$659,096,655$22,508,963$5,661,854$300,977,614
96$726,165,094$23,452,483$5,692,107$330,934,277
97$800,069,493$24,437,213$5,718,351$363,920,231
98$881,506,960$25,465,015$5,740,295$400,243,460
99$971,245,706$26,537,837$5,757,631$440,243,322
100$1,070,132,292$27,657,715$5,770,036$484,293,744