Can I retire at age 35 with 2,080,000?

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 $2,080,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$171,764$170,234$168,742$167,285$165,862$161,590
2 years$85,032$83,448$81,913$80,425$78,982$74,707
3 years$56,125$54,534$53,003$51,529$50,109$45,964
4 years$41,674$40,089$38,573$37,124$35,738$31,755
5 years$33,006$31,430$29,934$28,515$27,168$23,358
6 years$27,229$25,665$24,191$22,803$21,497$17,864
7 years$23,104$21,553$20,103$18,748$17,483$14,027
8 years$20,012$18,475$17,049$15,727$14,504$11,223
9 years$17,609$16,086$14,684$13,396$12,214$9,106
10 years$15,687$14,179$12,802$11,548$10,407$7,468
11 years$14,115$12,623$11,271$10,050$8,950$6,176
12 years$12,807$11,329$10,003$8,815$7,756$5,141
13 years$11,700$10,239$8,937$7,782$6,764$4,303
14 years$10,753$9,307$8,030$6,908$5,929$3,617
15 years$9,932$8,502$7,250$6,161$5,220$3,052
16 years$9,215$7,800$6,573$5,517$4,614$2,582
17 years$8,583$7,184$5,981$4,957$4,091$2,190
18 years$8,022$6,638$5,460$4,467$3,637$1,861
19 years$7,520$6,152$4,998$4,036$3,242$1,585
20 years$7,069$5,717$4,587$3,656$2,896$1,351
21 years$6,662$5,325$4,219$3,318$2,591$1,154
22 years$6,292$4,971$3,889$3,016$2,323$986
23 years$5,955$4,649$3,591$2,747$2,085$843
24 years$5,646$4,356$3,321$2,506$1,874$722
25 years$5,363$4,088$3,076$2,288$1,686$618
26 years$5,101$3,842$2,852$2,092$1,519$530
27 years$4,860$3,616$2,649$1,915$1,370$454
28 years$4,636$3,407$2,462$1,755$1,236$390
29 years$4,428$3,214$2,291$1,609$1,116$334
30 years$4,234$3,035$2,134$1,477$1,008$287
31 years$4,053$2,869$1,990$1,356$912$246
32 years$3,884$2,715$1,857$1,246$825$212
33 years$3,725$2,571$1,733$1,146$746$182
34 years$3,576$2,437$1,620$1,055$676$156
35 years$3,436$2,311$1,514$971$612$134
36 years$3,304$2,194$1,417$894$554$115
37 years$3,179$2,084$1,326$824$503$99
38 years$3,061$1,980$1,242$759$456$85
39 years$2,949$1,883$1,163$700$413$73
40 years$2,844$1,791$1,090$646$375$63
41 years$2,743$1,705$1,022$596$340$54
42 years$2,648$1,624$959$550$309$46
43 years$2,558$1,547$900$508$280$40
44 years$2,471$1,475$845$469$254$34
45 years$2,389$1,407$793$433$231$30
46 years$2,311$1,342$745$400$209$25
47 years$2,236$1,280$700$369$190$22
48 years$2,165$1,222$658$341$173$19
49 years$2,096$1,167$618$315$157$16
50 years$2,031$1,115$581$292$143$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,080,000, adding $4,172 every year, while hoping to spend $26,927 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: 80/9/11 Blend
34$2,080,000$2,080,000$2,080,000$2,080,000
35$2,296,463$2,186,223$2,153,983$2,475,453
36$2,502,053$2,264,698$2,197,492$2,672,011
37$2,727,709$2,346,116$2,241,555$2,883,727
38$2,975,452$2,430,592$2,286,164$3,115,268
39$3,247,505$2,518,247$2,331,306$3,368,603
40$3,546,316$2,609,207$2,376,971$3,645,902
41$3,874,584$2,703,602$2,423,144$3,949,556
42$4,235,282$2,801,569$2,469,809$4,282,196
43$4,631,684$2,903,249$2,516,951$4,646,721
44$5,067,398$3,008,790$2,564,551$5,046,322
45$5,546,397$3,118,346$2,612,588$5,484,516
46$6,073,062$3,232,078$2,661,042$5,965,177
47$6,652,216$3,350,151$2,709,889$6,492,570
48$7,289,174$3,472,741$2,759,102$7,071,394
49$7,989,793$3,600,028$2,808,655$7,706,828
50$8,760,524$3,732,201$2,858,517$8,404,573
51$9,608,476$3,869,458$2,908,657$9,170,911
52$10,541,483$4,012,003$2,959,038$10,012,764
53$11,568,174$4,160,051$3,009,626$10,937,756
54$12,698,058$4,313,824$3,060,379$11,954,286
55$13,941,613$4,473,555$3,111,255$13,071,610
56$15,310,384$4,639,486$3,162,209$14,299,923
57$16,817,092$4,811,869$3,213,191$15,650,457
58$18,475,753$4,990,968$3,264,150$17,135,590
59$20,301,811$5,177,057$3,315,031$18,768,957
60$22,312,286$5,370,423$3,365,775$20,565,581
61$24,525,930$5,571,365$3,416,319$22,542,017
62$26,963,406$5,780,192$3,466,596$24,716,502
63$29,647,483$5,997,231$3,516,537$27,109,134
64$32,603,250$6,222,820$3,566,065$29,742,054
65$35,858,356$6,457,312$3,615,102$32,639,661
66$39,443,263$6,701,076$3,663,564$35,828,838
67$43,391,543$6,954,495$3,711,360$39,339,206
68$47,740,187$7,217,972$3,758,397$43,203,404
69$52,529,959$7,491,925$3,804,576$47,457,398
70$57,805,775$7,776,790$3,849,789$52,140,818
71$63,617,134$8,073,022$3,893,927$57,297,329
72$70,018,579$8,381,098$3,936,872$62,975,051
73$77,070,216$8,701,514$3,978,498$69,227,004
74$84,838,276$9,034,786$4,018,676$76,111,613
75$93,395,746$9,381,456$4,057,268$83,693,257
76$102,823,053$9,742,088$4,094,127$92,042,880
77$113,208,825$10,117,271$4,129,100$101,238,653
78$124,650,726$10,507,619$4,162,027$111,366,718
79$137,256,382$10,913,774$4,192,736$122,521,998
80$151,144,390$11,336,405$4,221,050$134,809,093
81$166,445,442$11,776,214$4,246,779$148,343,264
82$183,303,557$12,233,929$4,269,727$163,251,528
83$201,877,442$12,710,313$4,289,685$179,673,846
84$222,341,986$13,206,164$4,306,434$197,764,453
85$244,889,915$13,722,312$4,319,746$217,693,309
86$269,733,607$14,259,626$4,329,378$239,647,701
87$297,107,101$14,819,014$4,335,078$263,834,014
88$327,268,302$15,401,422$4,336,580$290,479,679
89$360,501,419$16,007,841$4,333,605$319,835,314
90$397,119,643$16,639,305$4,325,861$352,177,096
91$437,468,110$17,296,894$4,313,040$387,809,362
92$481,927,151$17,981,736$4,294,821$427,067,483
93$530,915,889$18,695,010$4,270,866$470,321,031
94$584,896,192$19,437,947$4,240,822$517,977,265
95$644,377,033$20,211,836$4,204,319$570,484,976
96$709,919,294$21,018,020$4,160,968$628,338,722
97$782,141,064$21,857,904$4,110,362$692,083,495
98$861,723,469$22,732,959$4,052,076$762,319,868
99$949,417,106$23,644,717$3,985,664$839,709,661
100$1,046,049,126$24,594,783$3,910,659$924,982,190