Can I retire at age 35 with 2,160,000?

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 $2,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$178,371$176,782$175,232$173,719$172,241$170,230
2 years$88,302$86,658$85,064$83,519$82,020$79,995
3 years$58,283$56,632$55,042$53,511$52,037$50,062
4 years$43,277$41,630$40,057$38,552$37,113$35,203
5 years$34,275$32,639$31,085$29,611$28,213$26,374
6 years$28,276$26,652$25,122$23,681$22,324$20,557
7 years$23,993$22,382$20,876$19,469$18,155$16,462
8 years$20,782$19,186$17,705$16,332$15,061$13,442
9 years$18,286$16,705$15,249$13,911$12,684$11,137
10 years$16,290$14,724$13,294$11,992$10,807$9,332
11 years$14,658$13,108$11,704$10,436$9,295$7,889
12 years$13,299$11,765$10,387$9,154$8,055$6,718
13 years$12,150$10,632$9,280$8,082$7,024$5,755
14 years$11,166$9,664$8,338$7,174$6,157$4,953
15 years$10,314$8,829$7,528$6,398$5,421$4,281
16 years$9,570$8,100$6,826$5,729$4,791$3,712
17 years$8,913$7,460$6,211$5,147$4,248$3,228
18 years$8,330$6,893$5,670$4,639$3,777$2,815
19 years$7,809$6,389$5,191$4,191$3,367$2,459
20 years$7,341$5,937$4,764$3,796$3,007$2,153
21 years$6,918$5,530$4,382$3,445$2,691$1,887
22 years$6,534$5,162$4,038$3,133$2,412$1,657
23 years$6,184$4,828$3,729$2,853$2,165$1,456
24 years$5,863$4,523$3,448$2,602$1,946$1,281
25 years$5,569$4,245$3,194$2,376$1,751$1,128
26 years$5,297$3,990$2,962$2,173$1,578$994
27 years$5,047$3,755$2,751$1,989$1,422$877
28 years$4,814$3,538$2,557$1,822$1,283$774
29 years$4,598$3,338$2,380$1,671$1,159$683
30 years$4,397$3,152$2,216$1,533$1,047$604
31 years$4,209$2,980$2,066$1,408$947$534
32 years$4,033$2,819$1,928$1,294$856$472
33 years$3,868$2,670$1,800$1,190$775$417
34 years$3,713$2,531$1,682$1,095$702$369
35 years$3,568$2,400$1,573$1,008$636$327
36 years$3,431$2,278$1,471$928$576$289
37 years$3,301$2,164$1,377$855$522$256
38 years$3,179$2,056$1,289$788$473$226
39 years$3,063$1,955$1,208$727$429$201
40 years$2,953$1,860$1,132$671$389$178
41 years$2,849$1,771$1,062$619$353$157
42 years$2,750$1,687$996$571$320$139
43 years$2,656$1,607$935$527$291$123
44 years$2,566$1,532$877$487$264$109
45 years$2,481$1,461$824$449$240$97
46 years$2,400$1,393$774$415$218$86
47 years$2,322$1,330$727$384$198$76
48 years$2,248$1,269$683$354$179$67
49 years$2,177$1,212$642$328$163$60
50 years$2,109$1,158$604$303$148$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,160,000, adding $6,120 every year, while hoping to spend $30,324 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: 31/40/29 Blend
34$2,160,000$2,160,000$2,160,000$2,160,000
35$2,386,633$2,272,153$2,238,673$2,439,296
36$2,597,805$2,351,224$2,281,404$2,559,773
37$2,829,500$2,433,153$2,324,550$2,686,295
38$3,083,780$2,518,048$2,368,093$2,821,899
39$3,362,915$2,606,022$2,412,014$2,967,400
40$3,669,406$2,697,191$2,456,290$3,123,697
41$4,006,009$2,791,677$2,500,899$3,291,773
42$4,375,759$2,889,606$2,545,816$3,472,713
43$4,781,999$2,991,109$2,591,014$3,667,704
44$5,228,412$3,096,323$2,636,462$3,878,054
45$5,719,057$3,205,390$2,682,131$4,105,200
46$6,258,405$3,318,458$2,727,986$4,350,720
47$6,851,380$3,435,680$2,773,991$4,616,352
48$7,503,409$3,557,216$2,820,108$4,904,003
49$8,220,470$3,683,233$2,866,295$5,215,776
50$9,009,150$3,813,904$2,912,509$5,553,978
51$9,876,707$3,949,409$2,958,701$5,921,151
52$10,831,137$4,089,936$3,004,823$6,320,090
53$11,881,249$4,235,678$3,050,820$6,753,870
54$13,036,750$4,386,841$3,096,637$7,225,877
55$14,308,336$4,543,634$3,142,212$7,739,835
56$15,707,792$4,706,277$3,187,482$8,299,842
57$17,248,103$4,875,001$3,232,379$8,910,411
58$18,943,576$5,050,043$3,276,830$9,576,507
59$20,809,977$5,231,651$3,320,760$10,303,598
60$22,864,676$5,420,083$3,364,087$11,097,703
61$25,126,815$5,615,610$3,406,726$11,965,448
62$27,617,486$5,818,510$3,448,587$12,914,129
63$30,359,929$6,029,076$3,489,574$13,951,779
64$33,379,753$6,247,612$3,529,585$15,087,244
65$36,705,177$6,474,434$3,568,516$16,330,265
66$40,367,296$6,709,872$3,606,252$17,691,571
67$44,400,374$6,954,270$3,642,675$19,182,974
68$48,842,167$7,207,985$3,677,660$20,817,486
69$53,734,282$7,471,390$3,711,076$22,609,437
70$59,122,565$7,744,873$3,742,782$24,574,611
71$65,057,534$8,028,840$3,772,634$26,730,392
72$71,594,862$8,323,712$3,800,476$29,095,931
73$78,795,892$8,629,929$3,826,147$31,692,318
74$86,728,227$8,947,949$3,849,476$34,542,791
75$95,466,356$9,278,249$3,870,283$37,672,942
76$105,092,368$9,621,327$3,888,382$41,110,967
77$115,696,719$9,977,701$3,903,572$44,887,928
78$127,379,089$10,347,913$3,915,647$49,038,040
79$140,249,323$10,732,527$3,924,387$53,599,000
80$154,428,463$11,132,130$3,929,563$58,612,338
81$170,049,897$11,547,336$3,930,935$64,123,806
82$187,260,615$11,978,783$3,928,249$70,183,812
83$206,222,592$12,427,139$3,921,240$76,847,890
84$227,114,326$12,893,097$3,909,631$84,177,226
85$250,132,512$13,377,384$3,893,129$92,239,235
86$275,493,908$13,880,756$3,871,428$101,108,189
87$303,437,375$14,404,001$3,844,209$110,865,924
88$334,226,133$14,947,943$3,811,136$121,602,605
89$368,150,245$15,513,439$3,771,856$133,417,581
90$405,529,358$16,101,386$3,726,001$146,420,313
91$446,715,716$16,712,717$3,673,185$160,731,412
92$492,097,487$17,348,408$3,613,005$176,483,772
93$542,102,427$18,009,475$3,545,036$193,823,824
94$597,201,916$18,696,982$3,468,837$212,912,915
95$657,915,413$19,412,035$3,383,944$233,928,826
96$724,815,352$20,155,792$3,289,873$257,067,455
97$798,532,550$20,929,458$3,186,116$282,544,655
98$879,762,162$21,734,293$3,072,143$310,598,276
99$969,270,243$22,571,614$2,947,400$341,490,402
100$1,067,900,976$23,442,792$2,811,307$375,509,827