Can I retire at age 35 with 2,020,000?

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 $2,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$166,810$165,324$163,874$162,459$161,078$157,056
2 years$82,579$81,041$79,551$78,105$76,704$72,678
3 years$54,506$52,961$51,474$50,043$48,664$44,759
4 years$40,472$38,932$37,460$36,053$34,708$30,954
5 years$32,054$30,523$29,071$27,692$26,384$22,792
6 years$26,444$24,925$23,493$22,146$20,877$17,450
7 years$22,438$20,932$19,523$18,207$16,978$13,718
8 years$19,435$17,942$16,557$15,274$14,085$10,989
9 years$17,101$15,622$14,261$13,010$11,862$8,927
10 years$15,234$13,770$12,433$11,214$10,107$7,330
11 years$13,708$12,259$10,946$9,760$8,692$6,070
12 years$12,437$11,003$9,714$8,561$7,533$5,060
13 years$11,363$9,943$8,679$7,558$6,569$4,240
14 years$10,443$9,038$7,798$6,709$5,758$3,569
15 years$9,646$8,256$7,040$5,983$5,070$3,015
16 years$8,949$7,575$6,383$5,357$4,481$2,555
17 years$8,335$6,976$5,808$4,814$3,973$2,170
18 years$7,790$6,447$5,302$4,338$3,532$1,847
19 years$7,303$5,975$4,854$3,920$3,149$1,575
20 years$6,865$5,552$4,455$3,550$2,812$1,345
21 years$6,470$5,171$4,098$3,222$2,517$1,150
22 years$6,110$4,827$3,777$2,929$2,256$984
23 years$5,783$4,515$3,487$2,668$2,025$843
24 years$5,483$4,230$3,225$2,433$1,820$723
25 years$5,208$3,970$2,987$2,222$1,638$620
26 years$4,954$3,731$2,770$2,032$1,475$532
27 years$4,720$3,511$2,572$1,860$1,330$457
28 years$4,502$3,309$2,391$1,704$1,200$393
29 years$4,300$3,121$2,225$1,563$1,084$338
30 years$4,112$2,948$2,073$1,434$979$290
31 years$3,936$2,787$1,932$1,317$885$250
32 years$3,772$2,637$1,803$1,210$801$215
33 years$3,618$2,497$1,683$1,113$725$185
34 years$3,473$2,367$1,573$1,024$656$159
35 years$3,337$2,245$1,471$943$594$137
36 years$3,208$2,131$1,376$868$538$118
37 years$3,087$2,023$1,288$800$488$101
38 years$2,973$1,923$1,206$737$442$87
39 years$2,864$1,829$1,130$680$401$75
40 years$2,762$1,740$1,059$627$364$65
41 years$2,664$1,656$993$579$330$56
42 years$2,572$1,577$931$534$300$48
43 years$2,484$1,503$874$493$272$41
44 years$2,400$1,432$820$455$247$36
45 years$2,320$1,366$770$420$224$31
46 years$2,244$1,303$723$388$203$26
47 years$2,172$1,244$680$359$185$23
48 years$2,102$1,187$639$331$168$20
49 years$2,036$1,134$600$306$152$17
50 years$1,972$1,083$564$283$138$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,020,000, adding $3,099 every year, while hoping to spend $54,622 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: 83/8/9 Blend
34$2,020,000$2,020,000$2,020,000$2,020,000
35$2,229,237$2,122,177$2,090,867$2,411,276
36$2,398,501$2,168,046$2,102,793$2,576,670
37$2,583,200$2,214,332$2,113,289$2,750,635
38$2,784,850$2,260,998$2,122,247$2,939,999
39$3,005,121$2,308,002$2,129,558$3,146,275
40$3,245,850$2,355,301$2,135,105$3,371,129
41$3,509,060$2,402,845$2,138,765$3,616,397
42$3,796,981$2,450,580$2,140,410$3,884,101
43$4,112,064$2,498,450$2,139,905$4,176,468
44$4,457,011$2,546,391$2,137,108$4,495,948
45$4,834,796$2,594,334$2,131,872$4,845,245
46$5,248,696$2,642,207$2,124,040$5,227,332
47$5,702,317$2,689,928$2,113,449$5,645,490
48$6,199,632$2,737,414$2,099,928$6,103,327
49$6,745,017$2,784,570$2,083,298$6,604,823
50$7,343,291$2,831,297$2,063,372$7,154,359
51$7,999,764$2,877,487$2,039,951$7,756,765
52$8,720,281$2,923,025$2,012,831$8,417,360
53$9,511,285$2,967,788$1,981,796$9,142,004
54$10,379,869$3,011,643$1,946,619$9,937,156
55$11,333,849$3,054,447$1,907,065$10,809,929
56$12,381,835$3,096,049$1,862,885$11,768,165
57$13,533,312$3,136,285$1,813,821$12,820,499
58$14,798,728$3,174,981$1,759,602$13,976,450
59$16,189,595$3,211,951$1,699,945$15,246,506
60$17,718,594$3,246,997$1,634,554$16,642,221
61$19,399,697$3,279,906$1,563,118$18,176,328
62$21,248,297$3,310,453$1,485,314$19,862,860
63$23,281,355$3,338,397$1,400,803$21,717,276
64$25,517,555$3,363,480$1,309,231$23,756,614
65$27,977,484$3,385,429$1,210,230$25,999,646
66$30,683,826$3,403,954$1,103,411$28,467,060
67$33,661,574$3,418,745$988,372$31,181,652
68$36,938,263$3,429,472$864,692$34,168,543
69$40,544,236$3,435,786$731,929$37,455,416
70$44,512,923$3,437,315$589,624$41,072,774
71$48,881,162$3,433,664$437,297$45,054,233
72$53,689,540$3,424,414$274,446$49,436,837
73$58,982,782$3,409,119$100,549$54,261,408
74$64,810,167$3,387,307$0$59,572,928
75$71,225,997$3,358,477$0$65,429,137
76$78,290,104$3,322,098$0$71,887,332
77$86,068,421$3,277,607$0$78,998,104
78$94,633,597$3,224,407$0$86,827,854
79$104,065,686$3,161,865$0$95,449,751
80$114,452,901$3,089,312$0$104,944,422
81$125,892,446$3,006,038$0$115,400,719
82$138,491,434$2,911,291$0$126,916,547
83$152,367,894$2,804,278$0$139,599,798
84$167,651,888$2,684,157$0$153,569,365
85$184,486,738$2,550,038$0$168,956,262
86$203,030,374$2,400,979$0$185,904,863
87$223,456,830$2,235,985$0$204,574,267
88$245,957,882$2,054,003$0$225,139,794
89$270,744,857$1,853,920$0$247,794,644
90$298,050,630$1,634,560$0$272,751,721
91$328,131,821$1,394,680$0$300,245,638
92$361,271,214$1,132,966$0$330,534,938
93$397,780,429$848,033$0$363,904,530
94$438,002,859$538,413$0$400,668,380
95$482,316,915$202,560$0$441,172,474
96$531,139,595$0$0$485,798,087
97$584,930,418$0$0$534,979,565
98$644,195,765$0$0$589,186,171
99$709,493,653$0$0$648,910,469
100$781,439,009$0$0$714,714,906