Can I retire at age 35 with 2,120,000?

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 $2,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$175,068$173,508$171,987$170,502$169,052$163,379
2 years$86,667$85,053$83,489$81,972$80,501$74,841
3 years$57,204$55,583$54,023$52,520$51,073$45,605
4 years$42,476$40,859$39,315$37,838$36,426$31,191
5 years$33,641$32,034$30,510$29,063$27,690$22,702
6 years$27,753$26,158$24,656$23,242$21,910$17,173
7 years$23,549$21,968$20,490$19,109$17,819$13,332
8 years$20,397$18,830$17,377$16,030$14,783$10,542
9 years$17,947$16,395$14,967$13,654$12,449$8,451
10 years$15,988$14,452$13,048$11,770$10,607$6,844
11 years$14,387$12,865$11,488$10,243$9,123$5,588
12 years$13,053$11,547$10,195$8,985$7,905$4,591
13 years$11,925$10,435$9,108$7,932$6,894$3,790
14 years$10,960$9,486$8,184$7,041$6,043$3,142
15 years$10,123$8,665$7,389$6,280$5,321$2,614
16 years$9,392$7,950$6,699$5,623$4,702$2,180
17 years$8,748$7,322$6,096$5,052$4,170$1,822
18 years$8,176$6,766$5,565$4,553$3,707$1,526
19 years$7,665$6,270$5,094$4,114$3,304$1,280
20 years$7,205$5,827$4,675$3,726$2,952$1,075
21 years$6,790$5,427$4,300$3,381$2,641$903
22 years$6,413$5,066$3,964$3,075$2,368$760
23 years$6,069$4,738$3,660$2,800$2,125$640
24 years$5,755$4,440$3,385$2,554$1,910$539
25 years$5,466$4,166$3,135$2,332$1,719$455
26 years$5,199$3,916$2,907$2,132$1,548$383
27 years$4,953$3,685$2,700$1,952$1,396$323
28 years$4,725$3,472$2,510$1,788$1,260$273
29 years$4,513$3,276$2,336$1,640$1,137$230
30 years$4,315$3,094$2,175$1,505$1,028$195
31 years$4,131$2,925$2,028$1,382$929$164
32 years$3,958$2,767$1,892$1,270$840$139
33 years$3,797$2,621$1,767$1,168$761$117
34 years$3,645$2,484$1,651$1,075$689$99
35 years$3,502$2,356$1,543$989$624$84
36 years$3,367$2,236$1,444$911$565$71
37 years$3,240$2,124$1,351$840$512$60
38 years$3,120$2,018$1,266$774$464$50
39 years$3,006$1,919$1,186$714$421$43
40 years$2,898$1,826$1,111$658$382$36
41 years$2,796$1,738$1,042$607$347$30
42 years$2,699$1,655$977$560$314$26
43 years$2,607$1,577$917$517$285$22
44 years$2,519$1,503$861$478$259$18
45 years$2,435$1,434$808$441$235$16
46 years$2,355$1,368$759$407$214$13
47 years$2,279$1,305$713$376$194$11
48 years$2,206$1,246$670$348$176$9
49 years$2,137$1,190$630$321$160$8
50 years$2,070$1,137$592$297$145$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,120,000, adding $5,424 every year, while hoping to spend $48,336 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: 45/31/24 Blend
34$2,120,000$2,120,000$2,120,000$2,120,000
35$2,341,835$2,229,475$2,196,615$2,430,780
36$2,529,273$2,287,290$2,218,772$2,551,970
37$2,734,210$2,346,318$2,240,052$2,678,183
38$2,958,379$2,406,567$2,260,374$2,814,098
39$3,203,690$2,468,045$2,279,652$2,960,640
40$3,472,244$2,530,758$2,297,799$3,118,834
41$3,766,357$2,594,709$2,314,719$3,289,804
42$4,088,578$2,659,902$2,330,315$3,474,793
43$4,441,714$2,726,338$2,344,481$3,675,166
44$4,828,857$2,794,017$2,357,110$3,892,430
45$5,253,412$2,862,936$2,368,085$4,128,245
46$5,719,131$2,933,090$2,377,286$4,384,439
47$6,230,143$3,004,473$2,384,586$4,663,026
48$6,791,000$3,077,075$2,389,853$4,966,228
49$7,406,715$3,150,884$2,392,945$5,296,492
50$8,082,807$3,225,885$2,393,716$5,656,515
51$8,825,360$3,302,060$2,392,012$6,049,269
52$9,641,074$3,379,388$2,387,672$6,478,030
53$10,537,330$3,457,844$2,380,525$6,946,408
54$11,522,260$3,537,400$2,370,395$7,458,382
55$12,604,821$3,618,023$2,357,093$8,018,338
56$13,794,882$3,699,676$2,340,426$8,631,110
57$15,103,318$3,782,318$2,320,188$9,302,026
58$16,542,107$3,865,902$2,296,165$10,036,958
59$18,124,447$3,950,377$2,268,132$10,842,379
60$19,864,880$4,035,685$2,235,853$11,725,424
61$21,779,427$4,121,763$2,199,084$12,693,954
62$23,885,740$4,208,540$2,157,564$13,756,639
63$26,203,269$4,295,942$2,111,026$14,923,031
64$28,753,442$4,383,883$2,059,185$16,203,660
65$31,559,873$4,472,273$2,001,748$17,610,133
66$34,648,578$4,561,012$1,938,404$19,155,242
67$38,048,222$4,649,991$1,868,830$20,853,088
68$41,790,394$4,739,094$1,792,689$22,719,212
69$45,909,896$4,828,191$1,709,626$24,770,746
70$50,445,079$4,917,147$1,619,272$27,026,571
71$55,438,201$5,005,811$1,521,242$29,507,499
72$60,935,825$5,094,022$1,415,130$32,236,468
73$66,989,258$5,181,609$1,300,516$35,238,761
74$73,655,038$5,268,383$1,176,959$38,542,245
75$80,995,463$5,354,145$1,043,998$42,177,635
76$89,079,181$5,438,679$901,153$46,178,784
77$97,981,837$5,521,754$747,921$50,583,006
78$107,786,786$5,603,122$583,778$55,431,426
79$118,585,880$5,682,517$408,177$60,769,371
80$130,480,335$5,759,654$220,546$66,646,800
81$143,581,682$5,834,231$20,287$73,118,777
82$158,012,827$5,905,921$0$80,245,988
83$173,909,201$5,974,377$0$88,144,853
84$191,420,046$6,039,228$0$96,848,325
85$210,709,818$6,100,077$0$106,432,626
86$231,959,742$6,156,504$0$116,987,488
87$255,369,521$6,208,058$0$128,611,795
88$281,159,218$6,254,259$0$141,414,521
89$309,571,338$6,294,597$0$155,515,755
90$340,873,111$6,328,529$0$171,047,838
91$375,359,018$6,355,476$0$188,156,616
92$413,353,568$6,374,825$0$207,002,810
93$455,214,362$6,385,922$0$227,763,540
94$501,335,468$6,388,072$0$250,633,998
95$552,151,137$6,380,539$0$275,829,287
96$608,139,907$6,362,540$0$303,586,458
97$669,829,116$6,333,243$0$334,166,747
98$737,799,881$6,291,767$0$367,858,039
99$812,692,582$6,237,177$0$404,977,595
100$895,212,908$6,168,482$0$445,875,041