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

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 $2,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$175,068$173,508$171,987$170,502$169,052$162,989
2 years$86,667$85,053$83,489$81,972$80,501$74,458
3 years$57,204$55,583$54,023$52,520$51,073$45,240
4 years$42,476$40,859$39,315$37,838$36,426$30,848
5 years$33,641$32,034$30,510$29,063$27,690$22,382
6 years$27,753$26,158$24,656$23,242$21,910$16,875
7 years$23,549$21,968$20,490$19,109$17,819$13,056
8 years$20,397$18,830$17,377$16,030$14,783$10,287
9 years$17,947$16,395$14,967$13,654$12,449$8,216
10 years$15,988$14,452$13,048$11,770$10,607$6,629
11 years$14,387$12,865$11,488$10,243$9,123$5,391
12 years$13,053$11,547$10,195$8,985$7,905$4,411
13 years$11,925$10,435$9,108$7,932$6,894$3,627
14 years$10,960$9,486$8,184$7,041$6,043$2,995
15 years$10,123$8,665$7,389$6,280$5,321$2,480
16 years$9,392$7,950$6,699$5,623$4,702$2,060
17 years$8,748$7,322$6,096$5,052$4,170$1,714
18 years$8,176$6,766$5,565$4,553$3,707$1,429
19 years$7,665$6,270$5,094$4,114$3,304$1,193
20 years$7,205$5,827$4,675$3,726$2,952$997
21 years$6,790$5,427$4,300$3,381$2,641$834
22 years$6,413$5,066$3,964$3,075$2,368$699
23 years$6,069$4,738$3,660$2,800$2,125$586
24 years$5,755$4,440$3,385$2,554$1,910$491
25 years$5,466$4,166$3,135$2,332$1,719$412
26 years$5,199$3,916$2,907$2,132$1,548$346
27 years$4,953$3,685$2,700$1,952$1,396$290
28 years$4,725$3,472$2,510$1,788$1,260$244
29 years$4,513$3,276$2,336$1,640$1,137$205
30 years$4,315$3,094$2,175$1,505$1,028$172
31 years$4,131$2,925$2,028$1,382$929$145
32 years$3,958$2,767$1,892$1,270$840$121
33 years$3,797$2,621$1,767$1,168$761$102
34 years$3,645$2,484$1,651$1,075$689$86
35 years$3,502$2,356$1,543$989$624$72
36 years$3,367$2,236$1,444$911$565$61
37 years$3,240$2,124$1,351$840$512$51
38 years$3,120$2,018$1,266$774$464$43
39 years$3,006$1,919$1,186$714$421$36
40 years$2,898$1,826$1,111$658$382$30
41 years$2,796$1,738$1,042$607$347$25
42 years$2,699$1,655$977$560$314$21
43 years$2,607$1,577$917$517$285$18
44 years$2,519$1,503$861$478$259$15
45 years$2,435$1,434$808$441$235$13
46 years$2,355$1,368$759$407$214$11
47 years$2,279$1,305$713$376$194$9
48 years$2,206$1,246$670$348$176$8
49 years$2,137$1,190$630$321$160$6
50 years$2,070$1,137$592$297$145$5

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 $6,468 every year, while hoping to spend $48,662 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: 25/46/29 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,342,912$2,230,552$2,197,692$2,380,098
36$2,530,113$2,288,073$2,219,538$2,469,352
37$2,734,777$2,346,781$2,240,486$2,560,439
38$2,958,635$2,406,684$2,260,453$2,657,099
39$3,203,592$2,467,787$2,279,354$2,759,834
40$3,471,743$2,530,094$2,297,097$2,869,197
41$3,765,400$2,593,608$2,313,589$2,985,797
42$4,087,106$2,658,330$2,328,729$3,110,305
43$4,439,661$2,724,258$2,342,412$3,243,461
44$4,826,150$2,791,390$2,354,526$3,386,081
45$5,249,970$2,859,722$2,364,956$3,539,063
46$5,714,865$2,929,245$2,373,580$3,703,398
47$6,224,954$2,999,952$2,380,268$3,880,180
48$6,784,779$3,071,829$2,384,886$4,070,612
49$7,399,340$3,144,862$2,387,293$4,276,022
50$8,074,145$3,219,032$2,387,340$4,497,876
51$8,815,262$3,294,319$2,384,870$4,737,788
52$9,629,376$3,370,698$2,379,721$4,997,539
53$10,523,851$3,448,141$2,371,720$5,279,093
54$11,506,799$3,526,615$2,360,688$5,584,616
55$12,587,158$3,606,085$2,346,436$5,916,495
56$13,774,773$3,686,508$2,328,767$6,277,364
57$15,080,492$3,767,839$2,307,473$6,670,129
58$16,516,267$3,850,028$2,282,338$7,097,991
59$18,095,263$3,933,017$2,253,133$7,564,483
60$19,831,990$4,016,744$2,219,623$8,073,502
61$21,742,428$4,101,140$2,181,556$8,629,341
62$23,844,191$4,186,130$2,138,673$9,236,740
63$26,156,680$4,271,632$2,090,700$9,900,921
64$28,701,275$4,357,556$2,037,352$10,627,648
65$31,501,532$4,443,803$1,978,330$11,423,271
66$34,583,406$4,530,268$1,913,322$12,294,797
67$37,975,496$4,616,833$1,842,001$13,249,952
68$41,709,314$4,703,375$1,764,025$14,297,255
69$45,819,581$4,789,757$1,679,037$15,446,098
70$50,344,556$4,875,834$1,586,663$16,706,840
71$55,326,397$4,961,446$1,486,513$18,090,903
72$60,811,558$5,046,425$1,378,179$19,610,880
73$66,851,223$5,130,586$1,261,234$21,280,656
74$73,501,796$5,213,733$1,135,234$23,115,544
75$80,825,428$5,295,655$999,712$25,132,423
76$88,890,603$5,376,123$854,184$27,349,907
77$97,772,787$5,454,896$698,142$29,788,517
78$107,555,137$5,531,712$531,056$32,470,879
79$118,329,287$5,606,291$352,372$35,421,937
80$130,196,211$5,678,337$161,513$38,669,193
81$143,267,177$5,747,528$0$42,242,968
82$157,664,798$5,813,525$0$46,189,736
83$173,524,183$5,875,963$0$50,587,482
84$190,994,218$5,934,455$0$55,427,006
85$210,238,971$5,988,585$0$60,753,307
86$231,439,233$6,037,913$0$66,615,978
87$254,794,233$6,081,969$0$73,069,679
88$280,523,511$6,120,252$0$80,174,648
89$308,868,994$6,152,229$0$87,997,279
90$340,097,277$6,177,333$0$96,610,743
91$374,502,139$6,194,963$0$106,095,683
92$412,407,318$6,204,476$0$116,540,978
93$454,169,562$6,205,194$0$128,044,582
94$500,182,002$6,196,393$0$140,714,451
95$550,877,856$6,177,306$0$154,669,563
96$606,734,521$6,147,118$0$170,041,048
97$668,278,081$6,104,965$0$186,973,422
98$736,088,268$6,049,931$0$205,625,955
99$810,803,937$5,981,044$0$226,174,181
100$893,129,097$5,897,273$0$248,811,556