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%19.5%
1 years$175,068$173,508$171,987$170,502$169,052$162,601
2 years$86,667$85,053$83,489$81,972$80,501$74,078
3 years$57,204$55,583$54,023$52,520$51,073$44,880
4 years$42,476$40,859$39,315$37,838$36,426$30,510
5 years$33,641$32,034$30,510$29,063$27,690$22,066
6 years$27,753$26,158$24,656$23,242$21,910$16,582
7 years$23,549$21,968$20,490$19,109$17,819$12,785
8 years$20,397$18,830$17,377$16,030$14,783$10,039
9 years$17,947$16,395$14,967$13,654$12,449$7,988
10 years$15,988$14,452$13,048$11,770$10,607$6,420
11 years$14,387$12,865$11,488$10,243$9,123$5,201
12 years$13,053$11,547$10,195$8,985$7,905$4,239
13 years$11,925$10,435$9,108$7,932$6,894$3,471
14 years$10,960$9,486$8,184$7,041$6,043$2,854
15 years$10,123$8,665$7,389$6,280$5,321$2,354
16 years$9,392$7,950$6,699$5,623$4,702$1,946
17 years$8,748$7,322$6,096$5,052$4,170$1,612
18 years$8,176$6,766$5,565$4,553$3,707$1,338
19 years$7,665$6,270$5,094$4,114$3,304$1,112
20 years$7,205$5,827$4,675$3,726$2,952$925
21 years$6,790$5,427$4,300$3,381$2,641$771
22 years$6,413$5,066$3,964$3,075$2,368$642
23 years$6,069$4,738$3,660$2,800$2,125$536
24 years$5,755$4,440$3,385$2,554$1,910$447
25 years$5,466$4,166$3,135$2,332$1,719$373
26 years$5,199$3,916$2,907$2,132$1,548$312
27 years$4,953$3,685$2,700$1,952$1,396$260
28 years$4,725$3,472$2,510$1,788$1,260$218
29 years$4,513$3,276$2,336$1,640$1,137$182
30 years$4,315$3,094$2,175$1,505$1,028$152
31 years$4,131$2,925$2,028$1,382$929$127
32 years$3,958$2,767$1,892$1,270$840$106
33 years$3,797$2,621$1,767$1,168$761$89
34 years$3,645$2,484$1,651$1,075$689$74
35 years$3,502$2,356$1,543$989$624$62
36 years$3,367$2,236$1,444$911$565$52
37 years$3,240$2,124$1,351$840$512$44
38 years$3,120$2,018$1,266$774$464$36
39 years$3,006$1,919$1,186$714$421$30
40 years$2,898$1,826$1,111$658$382$26
41 years$2,796$1,738$1,042$607$347$21
42 years$2,699$1,655$977$560$314$18
43 years$2,607$1,577$917$517$285$15
44 years$2,519$1,503$861$478$259$13
45 years$2,435$1,434$808$441$235$10
46 years$2,355$1,368$759$407$214$9
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 $6,504 every year, while hoping to spend $58,143 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: 29/41/30 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,342,949$2,230,589$2,197,729$2,389,119
36$2,520,066$2,278,024$2,209,489$2,473,865
37$2,713,300$2,325,835$2,219,695$2,559,462
38$2,924,234$2,373,978$2,228,232$2,650,345
39$3,154,610$2,422,407$2,234,982$2,747,014
40$3,406,346$2,471,071$2,239,819$2,850,021
41$3,681,553$2,519,912$2,242,612$2,959,976
42$3,982,555$2,568,872$2,243,223$3,077,552
43$4,311,912$2,617,883$2,241,508$3,203,496
44$4,672,442$2,666,874$2,237,314$3,338,629
45$5,067,249$2,715,769$2,230,481$3,483,861
46$5,499,750$2,764,483$2,220,844$3,640,197
47$5,973,709$2,812,927$2,208,227$3,808,747
48$6,493,270$2,861,004$2,192,446$3,990,737
49$7,063,000$2,908,609$2,173,309$4,187,521
50$7,687,925$2,955,631$2,150,614$4,400,596
51$8,373,585$3,001,948$2,124,151$4,631,614
52$9,126,079$3,047,432$2,093,698$4,882,402
53$9,952,127$3,091,943$2,059,025$5,154,975
54$10,859,130$3,135,335$2,019,888$5,451,560
55$11,855,241$3,177,446$1,976,035$5,774,615
56$12,949,443$3,218,109$1,927,199$6,126,857
57$14,151,630$3,257,140$1,873,104$6,511,284
58$15,472,703$3,294,346$1,813,460$6,931,204
59$16,924,670$3,329,520$1,747,962$7,390,274
60$18,520,760$3,362,441$1,676,292$7,892,528
61$20,275,550$3,392,872$1,598,120$8,442,420
62$22,205,096$3,420,564$1,513,098$9,044,866
63$24,327,092$3,445,247$1,420,862$9,705,292
64$26,661,029$3,466,638$1,321,035$10,429,689
65$29,228,384$3,484,433$1,213,220$11,224,667
66$32,052,819$3,498,310$1,097,003$12,097,522
67$35,160,405$3,507,926$971,951$13,056,302
68$38,579,869$3,512,917$837,613$14,109,894
69$42,342,860$3,512,894$693,518$15,268,098
70$46,484,253$3,507,448$539,172$16,541,731
71$51,042,475$3,496,141$374,063$17,942,727
72$56,059,866$3,478,510$197,652$19,484,250
73$61,583,079$3,454,063$9,380$21,180,825
74$67,663,520$3,422,279$0$23,048,477
75$74,357,834$3,382,606$0$25,166,192
76$81,728,435$3,334,456$0$27,499,345
77$89,844,101$3,277,210$0$30,066,641
78$98,780,614$3,210,208$0$32,892,016
79$108,621,483$3,132,754$0$36,001,854
80$119,458,725$3,044,110$0$39,425,244
81$131,393,739$2,943,495$0$43,194,253
82$144,538,256$2,830,082$0$47,344,230
83$159,015,398$2,702,996$0$51,914,145
84$174,960,837$2,561,312$0$56,946,955
85$192,524,076$2,404,049$0$62,490,017
86$211,869,858$2,230,174$0$68,595,530
87$233,179,721$2,038,591$0$75,321,038
88$256,653,714$1,828,143$0$82,729,973
89$282,512,279$1,597,607$0$90,892,255
90$310,998,333$1,345,692$0$99,884,958
91$342,379,564$1,071,032$0$109,793,039
92$376,950,951$772,184$0$120,710,146
93$415,037,553$447,626$0$132,739,503
94$456,997,573$95,750$0$145,994,890
95$503,225,741$0$0$160,601,721
96$554,157,035$0$0$176,826,881
97$610,270,792$0$0$194,751,191
98$672,095,230$0$0$214,500,251
99$740,212,430$0$0$236,260,076
100$815,263,834$0$0$260,235,648