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%18.8%
1 years$175,068$173,508$171,987$170,502$169,052$163,054
2 years$86,667$85,053$83,489$81,972$80,501$74,522
3 years$57,204$55,583$54,023$52,520$51,073$45,301
4 years$42,476$40,859$39,315$37,838$36,426$30,905
5 years$33,641$32,034$30,510$29,063$27,690$22,435
6 years$27,753$26,158$24,656$23,242$21,910$16,924
7 years$23,549$21,968$20,490$19,109$17,819$13,101
8 years$20,397$18,830$17,377$16,030$14,783$10,329
9 years$17,947$16,395$14,967$13,654$12,449$8,255
10 years$15,988$14,452$13,048$11,770$10,607$6,664
11 years$14,387$12,865$11,488$10,243$9,123$5,423
12 years$13,053$11,547$10,195$8,985$7,905$4,441
13 years$11,925$10,435$9,108$7,932$6,894$3,654
14 years$10,960$9,486$8,184$7,041$6,043$3,019
15 years$10,123$8,665$7,389$6,280$5,321$2,502
16 years$9,392$7,950$6,699$5,623$4,702$2,079
17 years$8,748$7,322$6,096$5,052$4,170$1,732
18 years$8,176$6,766$5,565$4,553$3,707$1,445
19 years$7,665$6,270$5,094$4,114$3,304$1,207
20 years$7,205$5,827$4,675$3,726$2,952$1,010
21 years$6,790$5,427$4,300$3,381$2,641$846
22 years$6,413$5,066$3,964$3,075$2,368$709
23 years$6,069$4,738$3,660$2,800$2,125$594
24 years$5,755$4,440$3,385$2,554$1,910$499
25 years$5,466$4,166$3,135$2,332$1,719$419
26 years$5,199$3,916$2,907$2,132$1,548$352
27 years$4,953$3,685$2,700$1,952$1,396$296
28 years$4,725$3,472$2,510$1,788$1,260$248
29 years$4,513$3,276$2,336$1,640$1,137$209
30 years$4,315$3,094$2,175$1,505$1,028$176
31 years$4,131$2,925$2,028$1,382$929$148
32 years$3,958$2,767$1,892$1,270$840$124
33 years$3,797$2,621$1,767$1,168$761$104
34 years$3,645$2,484$1,651$1,075$689$88
35 years$3,502$2,356$1,543$989$624$74
36 years$3,367$2,236$1,444$911$565$62
37 years$3,240$2,124$1,351$840$512$52
38 years$3,120$2,018$1,266$774$464$44
39 years$3,006$1,919$1,186$714$421$37
40 years$2,898$1,826$1,111$658$382$31
41 years$2,796$1,738$1,042$607$347$26
42 years$2,699$1,655$977$560$314$22
43 years$2,607$1,577$917$517$285$19
44 years$2,519$1,503$861$478$259$16
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$7
50 years$2,070$1,137$592$297$145$6

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 $5,881 every year, while hoping to spend $39,582 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: 60/33/7 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,342,306$2,229,946$2,197,086$2,479,138
36$2,539,107$2,297,099$2,228,574$2,638,627
37$2,754,654$2,366,215$2,259,789$2,807,437
38$2,990,819$2,437,350$2,290,682$2,990,558
39$3,249,661$2,510,558$2,321,199$3,189,367
40$3,533,449$2,585,898$2,351,281$3,405,381
41$3,844,681$2,663,428$2,380,870$3,640,266
42$4,186,110$2,743,207$2,409,901$3,895,860
43$4,560,767$2,825,298$2,438,306$4,174,183
44$4,971,990$2,909,763$2,466,015$4,477,459
45$5,423,458$2,996,666$2,492,951$4,808,137
46$5,919,223$3,086,074$2,519,036$5,168,914
47$6,463,746$3,178,054$2,544,186$5,562,757
48$7,061,944$3,272,676$2,568,313$5,992,935
49$7,719,234$3,370,008$2,591,323$6,463,047
50$8,441,582$3,470,125$2,613,119$6,977,056
51$9,235,562$3,573,099$2,633,596$7,539,327
52$10,108,415$3,679,007$2,652,648$8,154,666
53$11,068,120$3,787,925$2,670,158$8,828,367
54$12,123,467$3,899,933$2,686,008$9,566,263
55$13,284,142$4,015,110$2,700,070$10,374,774
56$14,560,814$4,133,540$2,712,212$11,260,975
57$15,965,239$4,255,306$2,722,293$12,232,659
58$17,510,372$4,380,494$2,730,168$13,298,409
59$19,210,483$4,509,192$2,735,682$14,467,682
60$21,081,299$4,641,488$2,738,674$15,750,895
61$23,140,144$4,777,475$2,738,973$17,159,523
62$25,406,112$4,917,244$2,736,401$18,706,208
63$27,900,237$5,060,890$2,730,772$20,404,879
64$30,645,698$5,208,511$2,721,890$22,270,881
65$33,668,035$5,360,203$2,709,549$24,321,121
66$36,995,389$5,516,067$2,693,533$26,574,224
67$40,658,769$5,676,205$2,673,617$29,050,713
68$44,692,344$5,840,720$2,649,564$31,773,200
69$49,133,765$6,009,717$2,621,126$34,766,597
70$54,024,519$6,183,303$2,588,044$38,058,355
71$59,410,322$6,361,587$2,550,045$41,678,719
72$65,341,549$6,544,679$2,506,846$45,661,015
73$71,873,709$6,732,691$2,458,148$50,041,963
74$79,067,971$6,925,736$2,403,638$54,862,025
75$86,991,736$7,123,929$2,342,992$60,165,783
76$95,719,278$7,327,386$2,275,868$66,002,363
77$105,332,442$7,536,227$2,201,908$72,425,897
78$115,921,419$7,750,569$2,120,739$79,496,032
79$127,585,590$7,970,533$2,031,970$87,278,494
80$140,434,472$8,196,242$1,935,193$95,845,709
81$154,588,748$8,427,817$1,829,982$105,277,483
82$170,181,404$8,665,384$1,715,890$115,661,758
83$187,358,986$8,909,066$1,592,451$127,095,441
84$206,282,982$9,158,990$1,459,178$139,685,316
85$227,131,347$9,415,282$1,315,561$153,549,054
86$250,100,182$9,678,068$1,161,070$168,816,323
87$275,405,583$9,947,475$995,148$185,630,010
88$303,285,683$10,223,632$817,216$204,147,571
89$334,002,899$10,506,666$626,669$224,542,517
90$367,846,405$10,796,704$422,873$247,006,050
91$405,134,869$11,093,873$205,170$271,748,868
92$446,219,452$11,398,299$0$299,003,154
93$491,487,129$11,710,108$0$329,026,796
94$541,364,337$12,029,425$0$362,116,201
95$596,321,005$12,356,371$0$398,566,788
96$656,874,983$12,691,070$0$438,721,002
97$723,596,939$13,033,640$0$482,956,210
98$797,115,737$13,384,198$0$531,688,256
99$878,124,377$13,742,859$0$585,375,393
100$967,386,537$14,109,733$0$644,522,604