Can I retire at age 35 with 2,120,000?

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 $2,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$175,068$173,508$171,987$170,502$169,052$162,537
2 years$86,667$85,053$83,489$81,972$80,501$74,015
3 years$57,204$55,583$54,023$52,520$51,073$44,820
4 years$42,476$40,859$39,315$37,838$36,426$30,454
5 years$33,641$32,034$30,510$29,063$27,690$22,014
6 years$27,753$26,158$24,656$23,242$21,910$16,534
7 years$23,549$21,968$20,490$19,109$17,819$12,741
8 years$20,397$18,830$17,377$16,030$14,783$9,998
9 years$17,947$16,395$14,967$13,654$12,449$7,950
10 years$15,988$14,452$13,048$11,770$10,607$6,386
11 years$14,387$12,865$11,488$10,243$9,123$5,170
12 years$13,053$11,547$10,195$8,985$7,905$4,211
13 years$11,925$10,435$9,108$7,932$6,894$3,446
14 years$10,960$9,486$8,184$7,041$6,043$2,831
15 years$10,123$8,665$7,389$6,280$5,321$2,333
16 years$9,392$7,950$6,699$5,623$4,702$1,928
17 years$8,748$7,322$6,096$5,052$4,170$1,596
18 years$8,176$6,766$5,565$4,553$3,707$1,324
19 years$7,665$6,270$5,094$4,114$3,304$1,099
20 years$7,205$5,827$4,675$3,726$2,952$914
21 years$6,790$5,427$4,300$3,381$2,641$761
22 years$6,413$5,066$3,964$3,075$2,368$633
23 years$6,069$4,738$3,660$2,800$2,125$528
24 years$5,755$4,440$3,385$2,554$1,910$440
25 years$5,466$4,166$3,135$2,332$1,719$367
26 years$5,199$3,916$2,907$2,132$1,548$306
27 years$4,953$3,685$2,700$1,952$1,396$256
28 years$4,725$3,472$2,510$1,788$1,260$214
29 years$4,513$3,276$2,336$1,640$1,137$178
30 years$4,315$3,094$2,175$1,505$1,028$149
31 years$4,131$2,925$2,028$1,382$929$125
32 years$3,958$2,767$1,892$1,270$840$104
33 years$3,797$2,621$1,767$1,168$761$87
34 years$3,645$2,484$1,651$1,075$689$73
35 years$3,502$2,356$1,543$989$624$61
36 years$3,367$2,236$1,444$911$565$51
37 years$3,240$2,124$1,351$840$512$42
38 years$3,120$2,018$1,266$774$464$35
39 years$3,006$1,919$1,186$714$421$30
40 years$2,898$1,826$1,111$658$382$25
41 years$2,796$1,738$1,042$607$347$21
42 years$2,699$1,655$977$560$314$17
43 years$2,607$1,577$917$517$285$14
44 years$2,519$1,503$861$478$259$12
45 years$2,435$1,434$808$441$235$10
46 years$2,355$1,368$759$407$214$8
47 years$2,279$1,305$713$376$194$7
48 years$2,206$1,246$670$348$176$6
49 years$2,137$1,190$630$321$160$5
50 years$2,070$1,137$592$297$145$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,120,000, adding $3,060 every year, while hoping to spend $31,596 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: 54/20/26 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,339,396$2,227,036$2,194,176$2,448,725
36$2,544,397$2,302,543$2,234,063$2,599,982
37$2,769,249$2,380,691$2,274,228$2,761,053
38$3,015,943$2,461,576$2,314,645$2,935,766
39$3,286,673$2,545,297$2,355,290$3,125,442
40$3,583,855$2,631,958$2,396,134$3,331,531
41$3,910,152$2,721,667$2,437,147$3,555,634
42$4,268,494$2,814,536$2,478,298$3,799,508
43$4,662,111$2,910,679$2,519,552$4,065,092
44$5,094,561$3,010,217$2,560,872$4,354,518
45$5,569,765$3,113,276$2,602,220$4,670,134
46$6,092,039$3,219,984$2,643,552$5,014,525
47$6,666,141$3,330,478$2,684,825$5,390,540
48$7,297,312$3,444,896$2,725,991$5,801,314
49$7,991,326$3,563,384$2,767,000$6,250,299
50$8,754,544$3,686,093$2,807,798$6,741,299
51$9,593,976$3,813,180$2,848,328$7,278,502
52$10,517,344$3,944,808$2,888,529$7,866,522
53$11,533,156$4,081,146$2,928,337$8,510,440
54$12,650,787$4,222,371$2,967,686$9,215,854
55$13,880,565$4,368,666$3,006,501$9,988,929
56$15,233,872$4,520,219$3,044,708$10,836,458
57$16,723,247$4,677,230$3,082,226$11,765,923
58$18,362,507$4,839,904$3,118,970$12,785,565
59$20,166,877$5,008,453$3,154,849$13,904,466
60$22,153,131$5,183,100$3,189,769$15,132,630
61$24,339,754$5,364,075$3,223,630$16,481,077
62$26,747,113$5,551,619$3,256,326$17,961,950
63$29,397,651$5,745,981$3,287,745$19,588,626
64$32,316,097$5,947,420$3,317,770$21,375,845
65$35,529,701$6,156,206$3,346,278$23,339,846
66$39,068,490$6,372,619$3,373,138$25,498,521
67$42,965,550$6,596,951$3,398,212$27,871,584
68$47,257,340$6,829,506$3,421,356$30,480,756
69$51,984,037$7,070,600$3,442,419$33,349,969
70$57,189,909$7,320,560$3,461,241$36,505,596
71$62,923,741$7,579,728$3,477,653$39,976,692
72$69,239,288$7,848,460$3,491,480$43,795,274
73$76,195,786$8,127,126$3,502,536$47,996,620
74$83,858,511$8,416,110$3,510,626$52,619,602
75$92,299,393$8,715,813$3,515,546$57,707,056
76$101,597,696$9,026,652$3,517,081$63,306,177
77$111,840,763$9,349,061$3,515,006$69,468,975
78$123,124,847$9,683,491$3,509,085$76,252,758
79$135,556,012$10,030,412$3,499,069$83,720,675
80$149,251,137$10,390,315$3,484,700$91,942,312
81$164,339,020$10,763,707$3,465,704$100,994,348
82$180,961,591$11,151,120$3,441,796$110,961,277
83$199,275,254$11,553,105$3,412,677$121,936,208
84$219,452,362$11,970,239$3,378,034$134,021,742
85$241,682,842$12,403,120$3,337,537$147,330,938
86$266,175,991$12,852,372$3,290,844$161,988,383
87$293,162,448$13,318,645$3,237,593$178,131,367
88$322,896,374$13,802,614$3,177,409$195,911,175
89$355,657,848$14,304,986$3,109,896$215,494,520
90$391,755,513$14,826,495$3,034,641$237,065,112
91$431,529,487$15,367,905$2,951,214$260,825,395
92$475,354,577$15,930,014$2,859,161$286,998,453
93$523,643,811$16,513,652$2,758,011$315,830,121
94$576,852,344$17,119,686$2,647,269$347,591,299
95$635,481,749$17,749,016$2,526,418$382,580,516
96$700,084,753$18,402,583$2,394,918$421,126,740
97$771,270,455$19,081,367$2,252,205$463,592,489
98$849,710,075$19,786,388$2,097,688$510,377,249
99$936,143,294$20,518,711$1,930,751$561,921,245
100$1,031,385,228$21,279,447$1,750,749$618,709,599