Can I retire at age 35 with 2,080,000?

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 $2,080,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$171,764$170,234$168,742$167,285$165,862$165,163
2 years$85,032$83,448$81,913$80,425$78,982$78,276
3 years$56,125$54,534$53,003$51,529$50,109$49,419
4 years$41,674$40,089$38,573$37,124$35,738$35,069
5 years$33,006$31,430$29,934$28,515$27,168$26,520
6 years$27,229$25,665$24,191$22,803$21,497$20,873
7 years$23,104$21,553$20,103$18,748$17,483$16,882
8 years$20,012$18,475$17,049$15,727$14,504$13,927
9 years$17,609$16,086$14,684$13,396$12,214$11,661
10 years$15,687$14,179$12,802$11,548$10,407$9,877
11 years$14,115$12,623$11,271$10,050$8,950$8,443
12 years$12,807$11,329$10,003$8,815$7,756$7,272
13 years$11,700$10,239$8,937$7,782$6,764$6,301
14 years$10,753$9,307$8,030$6,908$5,929$5,488
15 years$9,932$8,502$7,250$6,161$5,220$4,801
16 years$9,215$7,800$6,573$5,517$4,614$4,214
17 years$8,583$7,184$5,981$4,957$4,091$3,711
18 years$8,022$6,638$5,460$4,467$3,637$3,277
19 years$7,520$6,152$4,998$4,036$3,242$2,901
20 years$7,069$5,717$4,587$3,656$2,896$2,573
21 years$6,662$5,325$4,219$3,318$2,591$2,286
22 years$6,292$4,971$3,889$3,016$2,323$2,034
23 years$5,955$4,649$3,591$2,747$2,085$1,812
24 years$5,646$4,356$3,321$2,506$1,874$1,616
25 years$5,363$4,088$3,076$2,288$1,686$1,444
26 years$5,101$3,842$2,852$2,092$1,519$1,290
27 years$4,860$3,616$2,649$1,915$1,370$1,154
28 years$4,636$3,407$2,462$1,755$1,236$1,033
29 years$4,428$3,214$2,291$1,609$1,116$926
30 years$4,234$3,035$2,134$1,477$1,008$830
31 years$4,053$2,869$1,990$1,356$912$744
32 years$3,884$2,715$1,857$1,246$825$668
33 years$3,725$2,571$1,733$1,146$746$599
34 years$3,576$2,437$1,620$1,055$676$538
35 years$3,436$2,311$1,514$971$612$484
36 years$3,304$2,194$1,417$894$554$434
37 years$3,179$2,084$1,326$824$503$390
38 years$3,061$1,980$1,242$759$456$351
39 years$2,949$1,883$1,163$700$413$316
40 years$2,844$1,791$1,090$646$375$284
41 years$2,743$1,705$1,022$596$340$255
42 years$2,648$1,624$959$550$309$230
43 years$2,558$1,547$900$508$280$207
44 years$2,471$1,475$845$469$254$186
45 years$2,389$1,407$793$433$231$167
46 years$2,311$1,342$745$400$209$151
47 years$2,236$1,280$700$369$190$136
48 years$2,165$1,222$658$341$173$122
49 years$2,096$1,167$618$315$157$110
50 years$2,031$1,115$581$292$143$99

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,080,000, adding $5,674 every year, while hoping to spend $30,724 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: 62/16/22 Blend
34$2,080,000$2,080,000$2,080,000$2,080,000
35$2,298,013$2,187,773$2,155,533$2,426,934
36$2,499,720$2,262,283$2,195,053$2,589,264
37$2,720,972$2,339,416$2,234,867$2,762,511
38$2,963,729$2,419,265$2,274,953$2,950,972
39$3,230,151$2,501,931$2,315,287$3,156,134
40$3,522,619$2,587,518$2,355,841$3,379,634
41$3,843,753$2,676,133$2,396,588$3,623,275
42$4,196,439$2,767,887$2,437,498$3,889,040
43$4,583,860$2,862,898$2,478,538$4,179,117
44$5,009,518$2,961,284$2,519,673$4,495,910
45$5,477,273$3,063,171$2,560,867$4,842,069
46$5,991,378$3,168,690$2,602,079$5,220,514
47$6,556,518$3,277,975$2,643,268$5,634,457
48$7,177,853$3,391,166$2,684,388$6,087,440
49$7,861,071$3,508,410$2,725,391$6,583,360
50$8,612,436$3,629,858$2,766,227$7,126,512
51$9,438,850$3,755,667$2,806,842$7,721,626
52$10,347,919$3,886,000$2,847,177$8,373,913
53$11,348,022$4,021,029$2,887,173$9,089,113
54$12,448,390$4,160,930$2,926,763$9,873,548
55$13,659,196$4,305,886$2,965,881$10,734,185
56$14,991,649$4,456,089$3,004,452$11,678,695
57$16,458,097$4,611,737$3,042,401$12,715,533
58$18,072,147$4,773,037$3,079,646$13,854,013
59$19,848,793$4,940,203$3,116,101$15,104,395
60$21,804,556$5,113,459$3,151,676$16,477,983
61$23,957,639$5,293,036$3,186,276$17,987,233
62$26,328,100$5,479,177$3,219,798$19,645,866
63$28,938,043$5,672,133$3,252,137$21,469,002
64$31,811,820$5,872,164$3,283,181$23,473,300
65$34,976,268$6,079,543$3,312,810$25,677,114
66$38,460,960$6,294,553$3,340,901$28,100,667
67$42,298,478$6,517,486$3,367,322$30,766,243
68$46,524,730$6,748,651$3,391,935$33,698,393
69$51,179,282$6,988,364$3,414,594$36,924,173
70$56,305,733$7,236,958$3,435,147$40,473,391
71$61,952,126$7,494,777$3,453,432$44,378,894
72$68,171,402$7,762,180$3,469,281$48,676,876
73$75,021,899$8,039,541$3,482,516$53,407,218
74$82,567,903$8,327,248$3,492,951$58,613,865
75$90,880,252$8,625,707$3,500,388$64,345,242
76$100,037,010$8,935,339$3,504,624$70,654,707
77$110,124,197$9,256,582$3,505,440$77,601,059
78$121,236,604$9,589,894$3,502,612$85,249,089
79$133,478,689$9,935,750$3,495,900$93,670,190
80$146,965,559$10,294,645$3,485,056$102,943,037
81$161,824,059$10,667,096$3,469,819$113,154,322
82$178,193,968$11,053,639$3,449,913$124,399,577
83$196,229,319$11,454,834$3,425,052$136,784,070
84$216,099,853$11,871,264$3,394,934$150,423,806
85$237,992,618$12,303,535$3,359,244$165,446,615
86$262,113,738$12,752,282$3,317,652$181,993,359
87$288,690,358$13,218,162$3,269,812$200,219,266
88$317,972,785$13,701,863$3,215,361$220,295,388
89$350,236,854$14,204,099$3,153,920$242,410,221
90$385,786,529$14,725,616$3,085,093$266,771,481
91$424,956,775$15,267,191$3,008,464$293,608,066
92$468,116,717$15,829,634$2,923,598$323,172,214
93$515,673,125$16,413,789$2,830,041$355,741,885
94$568,074,254$17,020,535$2,727,318$391,623,386
95$625,814,076$17,650,790$2,614,932$431,154,259
96$689,436,942$18,305,509$2,492,362$474,706,469
97$759,542,721$18,985,689$2,359,066$522,689,914
98$836,792,459$19,692,368$2,214,476$575,556,295
99$921,914,627$20,426,632$2,057,998$633,803,378
100$1,015,711,990$21,189,608$1,889,012$697,979,694