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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$171,764$170,234$168,742$167,285$165,862$162,580
2 years$85,032$83,448$81,913$80,425$78,982$75,689
3 years$56,125$54,534$53,003$51,529$50,109$46,908
4 years$41,674$40,089$38,573$37,124$35,738$32,654
5 years$33,006$31,430$29,934$28,515$27,168$24,209
6 years$27,229$25,665$24,191$22,803$21,497$18,667
7 years$23,104$21,553$20,103$18,748$17,483$14,782
8 years$20,012$18,475$17,049$15,727$14,504$11,931
9 years$17,609$16,086$14,684$13,396$12,214$9,769
10 years$15,687$14,179$12,802$11,548$10,407$8,086
11 years$14,115$12,623$11,271$10,050$8,950$6,751
12 years$12,807$11,329$10,003$8,815$7,756$5,675
13 years$11,700$10,239$8,937$7,782$6,764$4,798
14 years$10,753$9,307$8,030$6,908$5,929$4,075
15 years$9,932$8,502$7,250$6,161$5,220$3,473
16 years$9,215$7,800$6,573$5,517$4,614$2,970
17 years$8,583$7,184$5,981$4,957$4,091$2,547
18 years$8,022$6,638$5,460$4,467$3,637$2,189
19 years$7,520$6,152$4,998$4,036$3,242$1,884
20 years$7,069$5,717$4,587$3,656$2,896$1,625
21 years$6,662$5,325$4,219$3,318$2,591$1,403
22 years$6,292$4,971$3,889$3,016$2,323$1,213
23 years$5,955$4,649$3,591$2,747$2,085$1,050
24 years$5,646$4,356$3,321$2,506$1,874$910
25 years$5,363$4,088$3,076$2,288$1,686$788
26 years$5,101$3,842$2,852$2,092$1,519$684
27 years$4,860$3,616$2,649$1,915$1,370$594
28 years$4,636$3,407$2,462$1,755$1,236$515
29 years$4,428$3,214$2,291$1,609$1,116$448
30 years$4,234$3,035$2,134$1,477$1,008$389
31 years$4,053$2,869$1,990$1,356$912$338
32 years$3,884$2,715$1,857$1,246$825$294
33 years$3,725$2,571$1,733$1,146$746$256
34 years$3,576$2,437$1,620$1,055$676$222
35 years$3,436$2,311$1,514$971$612$194
36 years$3,304$2,194$1,417$894$554$168
37 years$3,179$2,084$1,326$824$503$147
38 years$3,061$1,980$1,242$759$456$128
39 years$2,949$1,883$1,163$700$413$111
40 years$2,844$1,791$1,090$646$375$97
41 years$2,743$1,705$1,022$596$340$84
42 years$2,648$1,624$959$550$309$73
43 years$2,558$1,547$900$508$280$64
44 years$2,471$1,475$845$469$254$56
45 years$2,389$1,407$793$433$231$48
46 years$2,311$1,342$745$400$209$42
47 years$2,236$1,280$700$369$190$37
48 years$2,165$1,222$658$341$173$32
49 years$2,096$1,167$618$315$157$28
50 years$2,031$1,115$581$292$143$24

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 $5,807 every year, while hoping to spend $48,995 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: 29/48/23 Blend
34$2,080,000$2,080,000$2,080,000$2,080,000
35$2,298,150$2,187,910$2,155,670$2,348,148
36$2,480,431$2,242,987$2,175,755$2,442,443
37$2,679,662$2,299,121$2,194,870$2,539,021
38$2,897,522$2,356,312$2,212,932$2,641,838
39$3,135,856$2,414,558$2,229,852$2,751,461
40$3,396,697$2,473,855$2,245,536$2,868,516
41$3,682,286$2,534,200$2,259,887$2,993,693
42$3,995,087$2,595,583$2,272,801$3,127,752
43$4,337,815$2,657,997$2,284,170$3,271,530
44$4,713,462$2,721,428$2,293,879$3,425,951
45$5,125,320$2,785,863$2,301,809$3,592,030
46$5,577,017$2,851,285$2,307,834$3,770,888
47$6,072,548$2,917,673$2,311,821$3,963,761
48$6,616,313$2,985,004$2,313,632$4,172,012
49$7,213,160$3,053,252$2,313,122$4,397,140
50$7,868,428$3,122,387$2,310,137$4,640,801
51$8,587,998$3,192,374$2,304,517$4,904,819
52$9,378,349$3,263,176$2,296,094$5,191,206
53$10,246,619$3,334,750$2,284,691$5,502,181
54$11,200,670$3,407,049$2,270,124$5,840,187
55$12,249,165$3,480,021$2,252,200$6,207,921
56$13,401,646$3,553,608$2,230,715$6,608,357
57$14,668,627$3,627,748$2,205,457$7,044,771
58$16,061,690$3,702,370$2,176,203$7,520,778
59$17,593,597$3,777,401$2,142,720$8,040,363
60$19,278,407$3,852,757$2,104,765$8,607,919
61$21,131,611$3,928,349$2,062,081$9,228,292
62$23,170,277$4,004,079$2,014,402$9,906,824
63$25,413,208$4,079,842$1,961,447$10,649,404
64$27,881,124$4,155,523$1,902,925$11,462,528
65$30,596,855$4,231,000$1,838,529$12,353,356
66$33,585,554$4,306,139$1,767,939$13,329,784
67$36,874,936$4,380,795$1,690,821$14,400,517
68$40,495,541$4,454,815$1,606,825$15,575,156
69$44,481,017$4,528,032$1,515,584$16,864,281
70$48,868,442$4,600,267$1,416,718$18,279,563
71$53,698,671$4,671,328$1,309,825$19,833,866
72$59,016,721$4,741,008$1,194,490$21,541,373
73$64,872,196$4,809,088$1,070,276$23,417,724
74$71,319,758$4,875,330$936,727$25,480,160
75$78,419,634$4,939,482$793,368$27,747,687
76$86,238,193$5,001,274$639,702$30,241,263
77$94,848,567$5,060,415$475,211$32,983,990
78$104,331,344$5,116,598$299,353$36,001,339
79$114,775,322$5,169,492$111,563$39,321,388
80$126,278,355$5,218,747$0$42,975,091
81$138,948,269$5,263,988$0$47,018,378
82$152,903,885$5,304,816$0$51,497,699
83$168,276,135$5,340,806$0$56,427,274
84$185,209,300$5,371,505$0$61,852,984
85$203,862,372$5,396,431$0$67,825,397
86$224,410,551$5,415,073$0$74,400,242
87$247,046,902$5,426,887$0$81,638,946
88$271,984,174$5,431,293$0$89,609,206
89$299,456,811$5,427,677$0$98,385,633
90$329,723,160$5,415,388$0$108,050,462
91$363,067,912$5,393,731$0$118,694,323
92$399,804,788$5,361,972$0$130,417,103
93$440,279,499$5,319,332$0$143,328,891
94$484,873,011$5,264,983$0$157,551,018
95$534,005,139$5,198,048$0$173,217,205
96$588,138,510$5,117,599$0$190,474,830
97$647,782,927$5,022,650$0$209,486,316
98$713,500,184$4,912,159$0$230,430,676
99$785,909,369$4,785,020$0$253,505,200
100$865,692,704$4,640,066$0$278,927,321