Can I retire at age 35 with 2,040,000?

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 $2,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$168,461$166,961$165,497$164,068$162,672$157,655
2 years$83,397$81,843$80,338$78,879$77,463$72,452
3 years$55,046$53,486$51,984$50,538$49,146$44,298
4 years$40,873$39,318$37,831$36,410$35,051$30,404
5 years$32,371$30,825$29,359$27,966$26,645$22,211
6 years$26,705$25,171$23,726$22,365$21,084$16,866
7 years$22,660$21,139$19,716$18,387$17,147$13,146
8 years$19,627$18,120$16,721$15,425$14,225$10,439
9 years$17,270$15,777$14,402$13,138$11,979$8,403
10 years$15,385$13,906$12,556$11,326$10,207$6,836
11 years$13,844$12,380$11,054$9,857$8,778$5,606
12 years$12,560$11,112$9,810$8,646$7,607$4,627
13 years$11,475$10,042$8,765$7,633$6,634$3,839
14 years$10,546$9,128$7,875$6,775$5,815$3,198
15 years$9,741$8,338$7,110$6,043$5,120$2,673
16 years$9,038$7,650$6,446$5,410$4,525$2,241
17 years$8,418$7,045$5,866$4,861$4,012$1,883
18 years$7,867$6,510$5,355$4,381$3,567$1,585
19 years$7,376$6,034$4,902$3,959$3,180$1,336
20 years$6,933$5,607$4,499$3,585$2,840$1,128
21 years$6,534$5,223$4,138$3,254$2,542$954
22 years$6,171$4,875$3,814$2,958$2,278$807
23 years$5,840$4,560$3,522$2,694$2,045$683
24 years$5,538$4,272$3,257$2,457$1,838$579
25 years$5,259$4,009$3,016$2,244$1,654$491
26 years$5,003$3,768$2,798$2,052$1,490$416
27 years$4,766$3,546$2,598$1,878$1,343$353
28 years$4,547$3,341$2,415$1,721$1,212$300
29 years$4,343$3,152$2,247$1,578$1,094$254
30 years$4,153$2,977$2,093$1,448$989$216
31 years$3,975$2,814$1,952$1,330$894$183
32 years$3,809$2,663$1,821$1,222$809$156
33 years$3,653$2,522$1,700$1,124$732$132
34 years$3,507$2,390$1,589$1,034$663$112
35 years$3,370$2,267$1,485$952$600$96
36 years$3,240$2,152$1,389$877$544$81
37 years$3,118$2,044$1,300$808$493$69
38 years$3,002$1,942$1,218$745$447$59
39 years$2,893$1,847$1,141$687$405$50
40 years$2,789$1,757$1,069$633$368$42
41 years$2,691$1,673$1,003$584$333$36
42 years$2,597$1,593$941$539$303$31
43 years$2,508$1,518$883$498$275$26
44 years$2,424$1,447$828$460$249$22
45 years$2,343$1,380$778$424$226$19
46 years$2,266$1,316$731$392$205$16
47 years$2,193$1,256$686$362$187$14
48 years$2,123$1,199$645$335$169$12
49 years$2,056$1,145$606$309$154$10
50 years$1,992$1,094$570$286$140$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,040,000, adding $2,481 every year, while hoping to spend $47,993 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: 44/33/23 Blend
34$2,040,000$2,040,000$2,040,000$2,040,000
35$2,250,639$2,142,519$2,110,899$2,334,561
36$2,429,140$2,196,438$2,130,550$2,448,136
37$2,624,240$2,251,391$2,149,251$2,566,315
38$2,837,580$2,307,377$2,166,919$2,693,454
39$3,070,970$2,364,396$2,183,467$2,830,409
40$3,326,400$2,422,442$2,198,805$2,978,123
41$3,606,064$2,481,512$2,212,835$3,137,635
42$3,912,374$2,541,598$2,225,457$3,310,088
43$4,247,991$2,602,691$2,236,564$3,496,744
44$4,615,842$2,664,779$2,246,045$3,698,992
45$5,019,152$2,727,848$2,253,782$3,918,362
46$5,461,473$2,791,880$2,259,652$4,156,542
47$5,946,718$2,856,857$2,263,525$4,415,392
48$6,479,196$2,922,755$2,265,265$4,696,961
49$7,063,652$2,989,548$2,264,730$5,003,508
50$7,705,316$3,057,207$2,261,769$5,337,521
51$8,409,946$3,125,698$2,256,226$5,701,744
52$9,183,887$3,194,984$2,247,937$6,099,203
53$10,034,128$3,265,023$2,236,727$6,533,231
54$10,968,369$3,335,769$2,222,417$7,007,501
55$11,995,090$3,407,170$2,204,816$7,526,064
56$13,123,638$3,479,170$2,183,726$8,093,385
57$14,364,307$3,551,707$2,158,939$8,714,384
58$15,728,439$3,624,713$2,130,236$9,394,486
59$17,228,530$3,698,114$2,097,389$10,139,670
60$18,878,348$3,771,829$2,060,159$10,956,528
61$20,693,061$3,845,770$2,018,296$11,852,324
62$22,689,382$3,919,842$1,971,537$12,835,067
63$24,885,725$3,993,940$1,919,610$13,913,585
64$27,302,379$4,067,953$1,862,227$15,097,608
65$29,961,698$4,141,760$1,799,088$16,397,864
66$32,888,314$4,215,229$1,729,881$17,826,175
67$36,109,366$4,288,219$1,654,276$19,395,575
68$39,654,759$4,360,579$1,571,931$21,120,429
69$43,557,442$4,432,145$1,482,489$23,016,574
70$47,853,723$4,502,742$1,385,574$25,101,463
71$52,583,607$4,572,181$1,280,795$27,394,338
72$57,791,176$4,640,259$1,167,743$29,916,405
73$63,525,005$4,706,761$1,045,991$32,691,042
74$69,838,617$4,771,453$915,093$35,744,014
75$76,790,991$4,834,089$774,584$39,103,723
76$84,447,114$4,894,402$623,975$42,801,473
77$92,878,601$4,952,109$462,759$46,871,769
78$102,164,363$5,006,907$290,406$51,352,644
79$112,391,355$5,058,472$106,362$56,286,017
80$123,655,396$5,106,460$0$61,718,092
81$136,062,073$5,150,504$0$67,721,895
82$149,727,737$5,190,211$0$74,360,751
83$164,780,600$5,225,165$0$81,670,551
84$181,361,945$5,254,922$0$89,719,647
85$199,627,459$5,279,009$0$98,583,363
86$219,748,703$5,296,924$0$108,344,712
87$241,914,731$5,308,132$0$119,095,174
88$266,333,870$5,312,068$0$130,935,567
89$293,235,693$5,308,127$0$143,976,995
90$322,873,178$5,295,670$0$158,341,900
91$355,525,101$5,274,017$0$174,165,219
92$391,498,665$5,242,447$0$191,595,655
93$431,132,397$5,200,195$0$210,797,090
94$474,799,347$5,146,450$0$231,950,124
95$522,910,606$5,080,352$0$255,253,788
96$575,919,189$5,000,990$0$280,927,423
97$634,324,305$4,907,397$0$309,212,749
98$698,676,076$4,798,551$0$340,376,155
99$769,580,724$4,673,369$0$374,711,207
100$847,706,297$4,530,703$0$412,541,430