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%14.5%
1 years$175,068$173,508$171,987$170,502$169,052$165,910
2 years$86,667$85,053$83,489$81,972$80,501$77,347
3 years$57,204$55,583$54,023$52,520$51,073$48,006
4 years$42,476$40,859$39,315$37,838$36,426$33,469
5 years$33,641$32,034$30,510$29,063$27,690$24,852
6 years$27,753$26,158$24,656$23,242$21,910$19,194
7 years$23,549$21,968$20,490$19,109$17,819$15,225
8 years$20,397$18,830$17,377$16,030$14,783$12,310
9 years$17,947$16,395$14,967$13,654$12,449$10,097
10 years$15,988$14,452$13,048$11,770$10,607$8,373
11 years$14,387$12,865$11,488$10,243$9,123$7,004
12 years$13,053$11,547$10,195$8,985$7,905$5,900
13 years$11,925$10,435$9,108$7,932$6,894$4,997
14 years$10,960$9,486$8,184$7,041$6,043$4,253
15 years$10,123$8,665$7,389$6,280$5,321$3,633
16 years$9,392$7,950$6,699$5,623$4,702$3,113
17 years$8,748$7,322$6,096$5,052$4,170$2,675
18 years$8,176$6,766$5,565$4,553$3,707$2,304
19 years$7,665$6,270$5,094$4,114$3,304$1,988
20 years$7,205$5,827$4,675$3,726$2,952$1,718
21 years$6,790$5,427$4,300$3,381$2,641$1,487
22 years$6,413$5,066$3,964$3,075$2,368$1,289
23 years$6,069$4,738$3,660$2,800$2,125$1,118
24 years$5,755$4,440$3,385$2,554$1,910$971
25 years$5,466$4,166$3,135$2,332$1,719$843
26 years$5,199$3,916$2,907$2,132$1,548$733
27 years$4,953$3,685$2,700$1,952$1,396$638
28 years$4,725$3,472$2,510$1,788$1,260$555
29 years$4,513$3,276$2,336$1,640$1,137$484
30 years$4,315$3,094$2,175$1,505$1,028$421
31 years$4,131$2,925$2,028$1,382$929$367
32 years$3,958$2,767$1,892$1,270$840$320
33 years$3,797$2,621$1,767$1,168$761$279
34 years$3,645$2,484$1,651$1,075$689$243
35 years$3,502$2,356$1,543$989$624$212
36 years$3,367$2,236$1,444$911$565$185
37 years$3,240$2,124$1,351$840$512$162
38 years$3,120$2,018$1,266$774$464$141
39 years$3,006$1,919$1,186$714$421$123
40 years$2,898$1,826$1,111$658$382$107
41 years$2,796$1,738$1,042$607$347$94
42 years$2,699$1,655$977$560$314$82
43 years$2,607$1,577$917$517$285$71
44 years$2,519$1,503$861$478$259$62
45 years$2,435$1,434$808$441$235$54
46 years$2,355$1,368$759$407$214$48
47 years$2,279$1,305$713$376$194$42
48 years$2,206$1,246$670$348$176$36
49 years$2,137$1,190$630$321$160$32
50 years$2,070$1,137$592$297$145$28

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 $4,033 every year, while hoping to spend $52,616 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: 47/46/7 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,340,400$2,228,040$2,195,180$2,445,813
36$2,523,138$2,281,231$2,212,736$2,571,777
37$2,722,751$2,335,265$2,229,116$2,702,551
38$2,940,907$2,390,127$2,244,226$2,843,242
39$3,179,437$2,445,802$2,257,965$2,994,782
40$3,440,363$2,502,269$2,270,230$3,158,201
41$3,725,906$2,559,506$2,280,909$3,334,633
42$4,038,515$2,617,489$2,289,887$3,525,325
43$4,380,887$2,676,189$2,297,041$3,731,650
44$4,755,989$2,735,574$2,302,244$3,955,122
45$5,167,092$2,795,609$2,305,361$4,197,408
46$5,617,796$2,856,255$2,306,251$4,460,344
47$6,112,067$2,917,467$2,304,766$4,745,952
48$6,654,274$2,979,199$2,300,751$5,056,460
49$7,249,227$3,041,396$2,294,043$5,394,324
50$7,902,226$3,104,003$2,284,472$5,762,248
51$8,619,108$3,166,954$2,271,857$6,163,212
52$9,406,304$3,230,182$2,256,012$6,600,501
53$10,270,898$3,293,612$2,236,739$7,077,733
54$11,220,693$3,357,162$2,213,833$7,598,896
55$12,264,285$3,420,745$2,187,077$8,168,383
56$13,411,145$3,484,263$2,156,247$8,791,039
57$14,671,705$3,547,616$2,121,104$9,472,200
58$16,057,459$3,610,690$2,081,402$10,217,748
59$17,581,072$3,673,365$2,036,881$11,034,165
60$19,256,495$3,735,514$1,987,270$11,928,595
61$21,099,098$3,796,995$1,932,284$12,908,912
62$23,125,818$3,857,659$1,871,628$13,983,796
63$25,355,314$3,917,347$1,804,990$15,162,809
64$27,808,144$3,975,885$1,732,045$16,456,494
65$30,506,960$4,033,089$1,652,454$17,876,470
66$33,476,721$4,088,761$1,565,862$19,435,543
67$36,744,926$4,142,689$1,471,897$21,147,828
68$40,341,875$4,194,648$1,370,173$23,028,880
69$44,300,956$4,244,396$1,260,283$25,095,848
70$48,658,955$4,291,673$1,141,805$27,367,630
71$53,456,409$4,336,205$1,014,296$29,865,056
72$58,737,981$4,377,698$877,293$32,611,084
73$64,552,888$4,415,838$730,315$35,631,020
74$70,955,360$4,450,291$572,858$38,952,755
75$78,005,153$4,480,702$404,395$42,607,029
76$85,768,115$4,506,692$224,378$46,627,725
77$94,316,801$4,527,858$32,233$51,052,189
78$103,731,163$4,543,772$0$55,921,579
79$114,099,303$4,553,978$0$61,294,172
80$125,518,302$4,557,993$0$67,210,468
81$138,095,136$4,555,302$0$73,723,218
82$151,947,687$4,545,358$0$80,893,214
83$167,205,853$4,527,584$0$88,787,455
84$184,012,777$4,501,362$0$97,479,784
85$202,526,193$4,466,042$0$107,051,583
86$222,919,917$4,420,930$0$117,592,544
87$245,385,487$4,365,294$0$129,201,519
88$270,133,968$4,298,355$0$141,987,450
89$297,397,948$4,219,289$0$156,070,408
90$327,433,729$4,127,225$0$171,582,720
91$360,523,747$4,021,236$0$188,670,225
92$396,979,238$3,900,346$0$207,493,652
93$437,143,174$3,763,517$0$228,230,140
94$481,393,502$3,609,652$0$251,074,914
95$530,146,707$3,437,593$0$276,243,129
96$583,861,747$3,246,112$0$303,971,905
97$643,044,384$3,033,910$0$334,522,570
98$708,251,956$2,799,616$0$368,183,128
99$780,098,636$2,541,778$0$405,270,987
100$859,261,235$2,258,863$0$446,135,952