Can I retire at age 35 with 2,070,000?

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 $2,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$170,939$169,416$167,930$166,481$165,065$160,166
2 years$84,623$83,047$81,520$80,039$78,602$73,707
3 years$55,855$54,272$52,749$51,282$49,868$45,131
4 years$41,474$39,896$38,387$36,945$35,567$31,023
5 years$32,847$31,279$29,790$28,378$27,037$22,699
6 years$27,098$25,541$24,075$22,694$21,394$17,265
7 years$22,993$21,450$20,006$18,658$17,399$13,480
8 years$19,916$18,386$16,967$15,652$14,434$10,723
9 years$17,524$16,009$14,614$13,332$12,155$8,648
10 years$15,611$14,111$12,741$11,492$10,357$7,048
11 years$14,047$12,562$11,217$10,002$8,907$5,791
12 years$12,745$11,275$9,954$8,773$7,719$4,789
13 years$11,644$10,189$8,894$7,745$6,731$3,982
14 years$10,701$9,262$7,991$6,875$5,900$3,324
15 years$9,885$8,461$7,215$6,131$5,195$2,784
16 years$9,171$7,763$6,541$5,490$4,592$2,339
17 years$8,542$7,149$5,952$4,933$4,071$1,970
18 years$7,983$6,606$5,434$4,445$3,620$1,662
19 years$7,484$6,122$4,974$4,017$3,226$1,404
20 years$7,035$5,689$4,565$3,638$2,882$1,188
21 years$6,630$5,299$4,199$3,302$2,579$1,007
22 years$6,262$4,947$3,870$3,002$2,312$854
23 years$5,926$4,627$3,573$2,734$2,075$724
24 years$5,619$4,335$3,305$2,494$1,865$615
25 years$5,337$4,068$3,061$2,277$1,678$523
26 years$5,077$3,823$2,839$2,082$1,512$444
27 years$4,836$3,598$2,636$1,906$1,363$378
28 years$4,614$3,391$2,451$1,746$1,230$322
29 years$4,407$3,199$2,280$1,601$1,111$274
30 years$4,214$3,021$2,124$1,470$1,003$233
31 years$4,034$2,856$1,980$1,350$907$198
32 years$3,865$2,702$1,848$1,240$821$169
33 years$3,707$2,559$1,725$1,141$743$144
34 years$3,559$2,425$1,612$1,050$672$123
35 years$3,419$2,300$1,507$966$609$104
36 years$3,288$2,183$1,410$890$552$89
37 years$3,164$2,074$1,320$820$500$76
38 years$3,046$1,971$1,236$756$453$65
39 years$2,935$1,874$1,158$697$411$55
40 years$2,830$1,783$1,085$643$373$47
41 years$2,730$1,697$1,017$593$338$40
42 years$2,635$1,616$954$547$307$34
43 years$2,545$1,540$896$505$279$29
44 years$2,459$1,468$841$466$253$25
45 years$2,378$1,400$789$431$230$21
46 years$2,300$1,335$741$398$208$18
47 years$2,225$1,274$697$368$189$15
48 years$2,154$1,217$655$340$172$13
49 years$2,086$1,162$615$314$156$11
50 years$2,021$1,110$578$290$142$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,070,000, adding $6,880 every year, while hoping to spend $55,311 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: 43/49/8 Blend
34$2,070,000$2,070,000$2,070,000$2,070,000
35$2,288,237$2,178,527$2,146,442$2,381,055
36$2,462,786$2,226,424$2,159,497$2,494,119
37$2,653,286$2,274,815$2,171,136$2,610,356
38$2,861,305$2,323,664$2,181,253$2,735,008
39$3,088,569$2,372,935$2,189,736$2,868,866
40$3,336,980$2,422,585$2,196,468$3,012,799
41$3,608,630$2,472,570$2,201,328$3,167,765
42$3,905,823$2,522,839$2,204,186$3,334,821
43$4,231,098$2,573,338$2,204,906$3,515,130
44$4,587,247$2,624,009$2,203,348$3,709,973
45$4,977,347$2,674,786$2,199,361$3,920,764
46$5,404,787$2,725,601$2,192,790$4,149,060
47$5,873,298$2,776,379$2,183,471$4,396,576
48$6,386,989$2,827,036$2,171,232$4,665,205
49$6,950,388$2,877,487$2,155,894$4,957,031
50$7,568,478$2,927,635$2,137,268$5,274,351
51$8,246,753$2,977,378$2,115,156$5,619,701
52$8,991,259$3,026,607$2,089,351$5,995,871
53$9,808,660$3,075,204$2,059,637$6,405,942
54$10,706,295$3,123,041$2,025,787$6,853,307
55$11,692,250$3,169,982$1,987,563$7,341,708
56$12,775,430$3,215,881$1,944,717$7,875,270
57$13,965,647$3,260,583$1,896,988$8,458,540
58$15,273,711$3,303,919$1,844,105$9,096,533
59$16,711,529$3,345,712$1,785,783$9,794,776
60$18,292,222$3,385,768$1,721,724$10,559,363
61$20,030,244$3,423,886$1,651,616$11,397,014
62$21,941,518$3,459,846$1,575,135$12,315,134
63$24,043,590$3,493,416$1,491,939$13,321,892
64$26,355,791$3,524,348$1,401,674$14,426,290
65$28,899,419$3,552,378$1,303,967$15,638,254
66$31,697,940$3,577,224$1,198,430$16,968,728
67$34,777,209$3,598,588$1,084,657$18,429,777
68$38,165,715$3,616,150$962,224$20,034,701
69$41,894,848$3,629,571$830,688$21,798,164
70$45,999,194$3,638,491$689,587$23,736,332
71$50,516,862$3,642,527$538,438$25,867,027
72$55,489,842$3,641,272$376,737$28,209,896
73$60,964,406$3,634,293$203,957$30,786,599
74$66,991,534$3,621,133$19,549$33,621,015
75$73,627,406$3,601,303$0$36,739,466
76$80,933,922$3,574,288$0$40,186,100
77$88,979,294$3,539,540$0$43,980,541
78$97,838,682$3,496,477$0$48,156,436
79$107,594,908$3,444,485$0$52,752,714
80$118,339,234$3,382,911$0$57,812,285
81$130,172,225$3,311,063$0$63,382,448
82$143,204,697$3,228,210$0$69,515,337
83$157,558,761$3,133,577$0$76,268,417
84$173,368,975$3,026,343$0$83,705,030
85$190,783,617$2,905,639$0$91,894,989
86$209,966,078$2,770,549$0$100,915,250
87$231,096,411$2,620,098$0$110,850,630
88$254,373,022$2,453,260$0$121,794,619
89$280,014,548$2,268,947$0$133,850,261
90$308,261,917$2,066,011$0$147,131,132
91$339,380,623$1,843,236$0$161,762,413
92$373,663,231$1,599,339$0$177,882,080
93$411,432,136$1,332,963$0$195,642,207
94$453,042,611$1,042,675$0$215,210,404
95$498,886,153$726,961$0$236,771,409
96$549,394,182$384,224$0$260,528,832
97$605,042,111$12,773$0$286,707,086
98$666,353,836$0$0$315,553,507
99$733,906,675$0$0$347,550,536
100$808,336,824$0$0$382,813,124