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%16.8%
1 years$171,764$170,234$168,742$167,285$165,862$161,264
2 years$85,032$83,448$81,913$80,425$78,982$74,384
3 years$56,125$54,534$53,003$51,529$50,109$45,655
4 years$41,674$40,089$38,573$37,124$35,738$31,462
5 years$33,006$31,430$29,934$28,515$27,168$23,081
6 years$27,229$25,665$24,191$22,803$21,497$17,604
7 years$23,104$21,553$20,103$18,748$17,483$13,784
8 years$20,012$18,475$17,049$15,727$14,504$10,997
9 years$17,609$16,086$14,684$13,396$12,214$8,896
10 years$15,687$14,179$12,802$11,548$10,407$7,273
11 years$14,115$12,623$11,271$10,050$8,950$5,995
12 years$12,807$11,329$10,003$8,815$7,756$4,974
13 years$11,700$10,239$8,937$7,782$6,764$4,149
14 years$10,753$9,307$8,030$6,908$5,929$3,476
15 years$9,932$8,502$7,250$6,161$5,220$2,922
16 years$9,215$7,800$6,573$5,517$4,614$2,464
17 years$8,583$7,184$5,981$4,957$4,091$2,082
18 years$8,022$6,638$5,460$4,467$3,637$1,763
19 years$7,520$6,152$4,998$4,036$3,242$1,495
20 years$7,069$5,717$4,587$3,656$2,896$1,270
21 years$6,662$5,325$4,219$3,318$2,591$1,080
22 years$6,292$4,971$3,889$3,016$2,323$920
23 years$5,955$4,649$3,591$2,747$2,085$784
24 years$5,646$4,356$3,321$2,506$1,874$668
25 years$5,363$4,088$3,076$2,288$1,686$570
26 years$5,101$3,842$2,852$2,092$1,519$486
27 years$4,860$3,616$2,649$1,915$1,370$415
28 years$4,636$3,407$2,462$1,755$1,236$355
29 years$4,428$3,214$2,291$1,609$1,116$303
30 years$4,234$3,035$2,134$1,477$1,008$259
31 years$4,053$2,869$1,990$1,356$912$222
32 years$3,884$2,715$1,857$1,246$825$190
33 years$3,725$2,571$1,733$1,146$746$162
34 years$3,576$2,437$1,620$1,055$676$139
35 years$3,436$2,311$1,514$971$612$119
36 years$3,304$2,194$1,417$894$554$102
37 years$3,179$2,084$1,326$824$503$87
38 years$3,061$1,980$1,242$759$456$74
39 years$2,949$1,883$1,163$700$413$64
40 years$2,844$1,791$1,090$646$375$54
41 years$2,743$1,705$1,022$596$340$47
42 years$2,648$1,624$959$550$309$40
43 years$2,558$1,547$900$508$280$34
44 years$2,471$1,475$845$469$254$29
45 years$2,389$1,407$793$433$231$25
46 years$2,311$1,342$745$400$209$21
47 years$2,236$1,280$700$369$190$18
48 years$2,165$1,222$658$341$173$16
49 years$2,096$1,167$618$315$157$13
50 years$2,031$1,115$581$292$143$12

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 $5,454 every year, while hoping to spend $50,150 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: 55/19/26 Blend
34$2,080,000$2,080,000$2,080,000$2,080,000
35$2,297,786$2,187,546$2,155,306$2,407,423
36$2,478,801$2,241,376$2,174,149$2,537,300
37$2,676,598$2,296,164$2,191,943$2,673,011
38$2,892,838$2,351,902$2,208,600$2,819,787
39$3,129,345$2,408,583$2,224,026$2,978,709
40$3,388,131$2,466,197$2,238,124$3,150,968
41$3,671,411$2,524,731$2,250,791$3,337,875
42$3,981,622$2,584,170$2,261,920$3,540,877
43$4,321,451$2,644,497$2,271,397$3,761,567
44$4,693,853$2,705,692$2,279,104$4,001,703
45$5,102,087$2,767,732$2,284,914$4,263,219
46$5,549,738$2,830,589$2,288,697$4,548,250
47$6,040,758$2,894,234$2,290,315$4,859,147
48$6,579,498$2,958,634$2,289,623$5,198,502
49$7,170,750$3,023,751$2,286,469$5,569,172
50$7,819,795$3,089,543$2,280,694$5,974,305
51$8,532,448$3,155,964$2,272,131$6,417,374
52$9,315,114$3,222,963$2,260,604$6,902,203
53$10,174,852$3,290,485$2,245,931$7,433,009
54$11,119,436$3,358,467$2,227,918$8,014,442
55$12,157,429$3,426,843$2,206,364$8,651,624
56$13,298,268$3,495,540$2,181,059$9,350,203
57$14,552,347$3,564,477$2,151,780$10,116,404
58$15,931,119$3,633,568$2,118,296$10,957,090
59$17,447,199$3,702,720$2,080,366$11,879,823
60$19,114,490$3,771,829$2,037,735$12,892,941
61$20,948,306$3,840,787$1,990,137$14,005,633
62$22,965,522$3,909,474$1,937,295$15,228,029
63$25,184,729$3,977,762$1,878,918$16,571,294
64$27,626,412$4,045,513$1,814,703$18,047,734
65$30,313,142$4,112,579$1,744,331$19,670,914
66$33,269,786$4,178,799$1,667,469$21,455,787
67$36,523,745$4,244,002$1,583,771$23,418,833
68$40,105,213$4,308,003$1,492,873$25,578,218
69$44,047,456$4,370,607$1,394,396$27,953,963
70$48,387,130$4,431,600$1,287,942$30,568,137
71$53,164,626$4,490,757$1,173,097$33,445,066
72$58,424,450$4,547,837$1,049,428$36,611,560
73$64,215,643$4,602,579$916,482$40,097,169
74$70,592,242$4,654,709$773,788$43,934,465
75$77,613,793$4,703,932$620,851$48,159,346
76$85,345,907$4,749,932$457,157$52,811,380
77$93,860,885$4,792,374$282,168$57,934,177
78$103,238,397$4,830,902$95,322$63,575,803
79$113,566,232$4,865,134$0$69,789,234
80$124,941,127$4,894,666$0$76,661,731
81$137,469,683$4,919,065$0$84,258,871
82$151,269,365$4,937,874$0$92,625,287
83$166,469,614$4,950,604$0$101,839,333
84$183,213,069$4,956,737$0$111,987,358
85$201,656,907$4,955,723$0$123,164,517
86$221,974,335$4,946,976$0$135,475,672
87$244,356,215$4,929,876$0$149,036,379
88$269,012,873$4,903,764$0$163,973,985
89$296,176,078$4,867,941$0$180,428,823
90$326,101,233$4,821,665$0$198,555,543
91$359,069,782$4,764,150$0$218,524,572
92$395,391,870$4,694,563$0$240,523,719
93$435,409,264$4,612,020$0$264,759,953
94$479,498,587$4,515,587$0$291,461,355
95$528,074,865$4,404,272$0$320,879,275
96$581,595,446$4,277,027$0$353,290,699
97$640,564,321$4,132,740$0$389,000,874
98$705,536,874$3,970,237$0$428,346,181
99$777,125,130$3,788,274$0$471,697,318
100$856,003,528$3,585,534$0$519,462,799