Can I retire at age 35 with 2,030,000?

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 $2,030,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$167,636$166,142$164,685$163,264$161,875$159,128
2 years$82,988$81,442$79,944$78,492$77,083$74,324
3 years$54,776$53,223$51,729$50,291$48,905$46,219
4 years$40,672$39,125$37,646$36,232$34,879$32,288
5 years$32,213$30,674$29,215$27,829$26,515$24,026
6 years$26,575$25,048$23,610$22,255$20,980$18,596
7 years$22,549$21,035$19,620$18,297$17,063$14,784
8 years$19,531$18,031$16,639$15,349$14,155$11,981
9 years$17,185$15,699$14,331$13,074$11,921$9,851
10 years$15,310$13,838$12,494$11,270$10,157$8,189
11 years$13,776$12,319$11,000$9,808$8,735$6,867
12 years$12,499$11,057$9,762$8,603$7,570$5,799
13 years$11,419$9,992$8,722$7,595$6,601$4,925
14 years$10,494$9,083$7,837$6,742$5,786$4,203
15 years$9,694$8,297$7,075$6,013$5,095$3,600
16 years$8,994$7,613$6,415$5,384$4,503$3,094
17 years$8,377$7,011$5,837$4,837$3,993$2,666
18 years$7,829$6,478$5,329$4,359$3,550$2,303
19 years$7,339$6,004$4,878$3,939$3,164$1,993
20 years$6,899$5,579$4,477$3,568$2,826$1,728
21 years$6,502$5,197$4,118$3,238$2,529$1,500
22 years$6,141$4,851$3,795$2,944$2,267$1,304
23 years$5,812$4,537$3,504$2,681$2,035$1,135
24 years$5,510$4,251$3,241$2,445$1,829$988
25 years$5,234$3,989$3,002$2,233$1,646$861
26 years$4,979$3,749$2,784$2,042$1,483$751
27 years$4,743$3,529$2,585$1,869$1,337$656
28 years$4,524$3,325$2,403$1,712$1,206$573
29 years$4,321$3,137$2,236$1,570$1,089$500
30 years$4,132$2,962$2,083$1,441$984$437
31 years$3,956$2,800$1,942$1,324$890$382
32 years$3,790$2,650$1,812$1,216$805$334
33 years$3,635$2,509$1,692$1,119$728$293
34 years$3,490$2,378$1,581$1,029$659$256
35 years$3,353$2,256$1,478$947$597$224
36 years$3,224$2,141$1,383$873$541$196
37 years$3,102$2,034$1,294$804$490$172
38 years$2,987$1,933$1,212$741$445$150
39 years$2,878$1,838$1,135$683$403$132
40 years$2,775$1,748$1,064$630$366$115
41 years$2,677$1,664$998$581$332$101
42 years$2,584$1,585$936$537$301$88
43 years$2,496$1,510$878$495$273$77
44 years$2,412$1,440$824$457$248$68
45 years$2,332$1,373$774$422$225$59
46 years$2,255$1,310$727$390$204$52
47 years$2,182$1,250$683$360$186$46
48 years$2,113$1,193$642$333$169$40
49 years$2,046$1,139$603$308$153$35
50 years$1,982$1,088$567$285$139$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,030,000, adding $6,590 every year, while hoping to spend $54,569 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: 54/18/28 Blend
34$2,030,000$2,030,000$2,030,000$2,030,000
35$2,243,858$2,136,268$2,104,803$2,347,234
36$2,414,670$2,182,884$2,117,252$2,466,039
37$2,601,076$2,229,955$2,128,291$2,589,182
38$2,804,610$2,277,446$2,137,812$2,722,162
39$3,026,958$2,325,319$2,145,706$2,865,943
40$3,269,978$2,373,530$2,151,858$3,021,589
41$3,535,715$2,422,033$2,156,145$3,190,275
42$3,826,422$2,470,776$2,158,440$3,373,294
43$4,144,579$2,519,706$2,158,609$3,572,071
44$4,492,914$2,568,760$2,156,511$3,788,181
45$4,874,437$2,617,874$2,151,999$4,023,357
46$5,292,456$2,666,977$2,144,918$4,279,511
47$5,750,620$2,715,992$2,135,106$4,558,754
48$6,252,944$2,764,836$2,122,392$4,863,409
49$6,803,851$2,813,420$2,106,599$5,196,041
50$7,408,214$2,861,648$2,087,540$5,559,477
51$8,071,398$2,909,415$2,065,020$5,956,834
52$8,799,315$2,956,611$2,038,832$6,391,549
53$9,598,475$3,003,115$2,008,763$6,867,413
54$10,476,051$3,048,799$1,974,588$7,388,605
55$11,439,944$3,093,526$1,936,073$7,959,732
56$12,498,857$3,137,147$1,892,969$8,585,875
57$13,662,378$3,179,505$1,845,022$9,272,635
58$14,941,070$3,220,430$1,791,960$10,026,189
59$16,346,571$3,259,743$1,733,502$10,853,345
60$17,891,700$3,297,249$1,669,353$11,761,613
61$19,590,582$3,332,743$1,599,205$12,759,269
62$21,458,779$3,366,005$1,522,736$13,855,438
63$23,513,436$3,396,801$1,439,609$15,060,183
64$25,773,443$3,424,880$1,349,472$16,384,596
65$28,259,611$3,449,977$1,251,957$17,840,904
66$30,994,874$3,471,808$1,146,680$19,442,590
67$34,004,495$3,490,071$1,033,238$21,204,517
68$37,316,315$3,504,445$911,212$23,143,067
69$40,961,006$3,514,590$780,165$25,276,304
70$44,972,366$3,520,142$639,638$27,624,140
71$49,387,634$3,520,717$489,153$30,208,524
72$54,247,845$3,515,904$328,212$33,053,653
73$59,598,212$3,505,270$156,293$36,186,201
74$65,488,554$3,488,353$0$39,635,570
75$71,973,768$3,464,663$0$43,442,290
76$79,114,343$3,433,683$0$47,684,329
77$86,976,933$3,394,860$0$52,354,502
78$95,634,985$3,347,613$0$57,496,405
79$105,169,429$3,291,322$0$63,158,080
80$115,669,447$3,225,333$0$69,392,470
81$127,233,308$3,148,951$0$76,257,923
82$139,969,298$3,061,443$0$83,818,737
83$153,996,743$2,962,029$0$92,145,771
84$169,447,129$2,849,888$0$101,317,115
85$186,465,351$2,724,147$0$111,418,825
86$205,211,072$2,583,885$0$122,545,738
87$225,860,234$2,428,128$0$134,802,367
88$248,606,715$2,255,844$0$148,303,891
89$273,664,163$2,065,943$0$163,177,237
90$301,268,006$1,857,273$0$179,562,286
91$331,677,680$1,628,616$0$197,613,190
92$365,179,071$1,378,686$0$217,499,830
93$402,087,218$1,106,123$0$239,409,420
94$442,749,281$809,490$0$263,548,275
95$487,547,824$487,272$0$290,143,763
96$536,904,419$137,865$0$319,446,447
97$591,283,628$0$0$351,732,458
98$651,197,388$0$0$387,353,719
99$717,209,840$0$0$426,631,344
100$789,942,658$0$0$469,907,963