Can I retire at age 35 with 2,160,000?

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 $2,160,000?

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$178,371$176,782$175,232$173,719$172,241$169,318
2 years$88,302$86,658$85,064$83,519$82,020$79,084
3 years$58,283$56,632$55,042$53,511$52,037$49,179
4 years$43,277$41,630$40,057$38,552$37,113$34,356
5 years$34,275$32,639$31,085$29,611$28,213$25,564
6 years$28,276$26,652$25,122$23,681$22,324$19,787
7 years$23,993$22,382$20,876$19,469$18,155$15,731
8 years$20,782$19,186$17,705$16,332$15,061$12,749
9 years$18,286$16,705$15,249$13,911$12,684$10,482
10 years$16,290$14,724$13,294$11,992$10,807$8,714
11 years$14,658$13,108$11,704$10,436$9,295$7,307
12 years$13,299$11,765$10,387$9,154$8,055$6,171
13 years$12,150$10,632$9,280$8,082$7,024$5,241
14 years$11,166$9,664$8,338$7,174$6,157$4,472
15 years$10,314$8,829$7,528$6,398$5,421$3,831
16 years$9,570$8,100$6,826$5,729$4,791$3,292
17 years$8,913$7,460$6,211$5,147$4,248$2,837
18 years$8,330$6,893$5,670$4,639$3,777$2,450
19 years$7,809$6,389$5,191$4,191$3,367$2,121
20 years$7,341$5,937$4,764$3,796$3,007$1,838
21 years$6,918$5,530$4,382$3,445$2,691$1,596
22 years$6,534$5,162$4,038$3,133$2,412$1,387
23 years$6,184$4,828$3,729$2,853$2,165$1,207
24 years$5,863$4,523$3,448$2,602$1,946$1,051
25 years$5,569$4,245$3,194$2,376$1,751$917
26 years$5,297$3,990$2,962$2,173$1,578$799
27 years$5,047$3,755$2,751$1,989$1,422$698
28 years$4,814$3,538$2,557$1,822$1,283$609
29 years$4,598$3,338$2,380$1,671$1,159$532
30 years$4,397$3,152$2,216$1,533$1,047$465
31 years$4,209$2,980$2,066$1,408$947$407
32 years$4,033$2,819$1,928$1,294$856$356
33 years$3,868$2,670$1,800$1,190$775$311
34 years$3,713$2,531$1,682$1,095$702$272
35 years$3,568$2,400$1,573$1,008$636$238
36 years$3,431$2,278$1,471$928$576$209
37 years$3,301$2,164$1,377$855$522$183
38 years$3,179$2,056$1,289$788$473$160
39 years$3,063$1,955$1,208$727$429$140
40 years$2,953$1,860$1,132$671$389$123
41 years$2,849$1,771$1,062$619$353$107
42 years$2,750$1,687$996$571$320$94
43 years$2,656$1,607$935$527$291$82
44 years$2,566$1,532$877$487$264$72
45 years$2,481$1,461$824$449$240$63
46 years$2,400$1,393$774$415$218$55
47 years$2,322$1,330$727$384$198$49
48 years$2,248$1,269$683$354$179$43
49 years$2,177$1,212$642$328$163$37
50 years$2,109$1,158$604$303$148$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $2,160,000, adding $5,053 every year, while hoping to spend $40,286 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: 61/28/11 Blend
34$2,160,000$2,160,000$2,160,000$2,160,000
35$2,385,532$2,271,052$2,237,572$2,524,619
36$2,585,992$2,339,470$2,269,667$2,686,945
37$2,805,549$2,409,890$2,301,486$2,858,944
38$3,046,109$2,482,367$2,332,979$3,045,632
39$3,309,768$2,556,960$2,364,091$3,248,430
40$3,598,839$2,633,725$2,394,762$3,468,902
41$3,915,867$2,712,724$2,424,933$3,708,769
42$4,263,654$2,794,016$2,454,537$3,969,927
43$4,645,290$2,877,666$2,483,507$4,254,463
44$5,064,175$2,963,737$2,511,770$4,564,673
45$5,524,056$3,052,295$2,539,249$4,903,087
46$6,029,059$3,143,408$2,565,864$5,272,490
47$6,583,732$3,237,143$2,591,529$5,675,949
48$7,193,082$3,333,573$2,616,155$6,116,840
49$7,862,627$3,432,769$2,639,647$6,598,884
50$8,598,445$3,534,804$2,661,905$7,126,177
51$9,407,232$3,639,755$2,682,824$7,703,230
52$10,296,365$3,747,699$2,702,294$8,335,013
53$11,273,972$3,858,714$2,720,199$9,026,999
54$12,349,007$3,972,881$2,736,416$9,785,218
55$13,531,337$4,090,282$2,750,816$10,616,312
56$14,831,830$4,211,003$2,763,265$11,527,596
57$16,262,462$4,335,128$2,773,620$12,527,131
58$17,836,429$4,462,745$2,781,733$13,623,796
59$19,568,270$4,593,945$2,787,446$14,827,372
60$21,474,003$4,728,817$2,790,594$16,148,636
61$23,571,278$4,867,456$2,791,006$17,599,460
62$25,879,544$5,009,957$2,788,500$19,192,926
63$28,420,228$5,156,416$2,782,886$20,943,446
64$31,216,943$5,306,932$2,773,965$22,866,897
65$34,295,706$5,461,606$2,761,526$24,980,776
66$37,685,183$5,620,539$2,745,353$27,304,358
67$41,416,963$5,783,837$2,725,213$29,858,882
68$45,525,853$5,951,605$2,700,868$32,667,750
69$50,050,207$6,123,951$2,672,064$35,756,749
70$55,032,288$6,300,985$2,638,538$39,154,289
71$60,518,666$6,482,817$2,600,014$42,891,679
72$66,560,656$6,669,562$2,556,200$47,003,414
73$73,214,806$6,861,333$2,506,796$51,527,505
74$80,543,425$7,058,247$2,451,482$56,505,837
75$88,615,175$7,260,422$2,389,928$61,984,564
76$97,505,718$7,467,978$2,321,786$68,014,542
77$107,298,429$7,681,036$2,246,693$74,651,811
78$118,085,180$7,899,718$2,164,268$81,958,126
79$129,967,212$8,124,148$2,074,115$90,001,532
80$143,056,088$8,354,452$1,975,819$98,857,014
81$157,474,745$8,590,756$1,868,944$108,607,201
82$173,358,653$8,833,187$1,753,038$119,343,146
83$190,857,096$9,081,874$1,627,625$131,165,184
84$210,134,580$9,336,946$1,492,211$144,183,881
85$231,372,385$9,598,533$1,346,277$158,521,077
86$254,770,273$9,866,767$1,189,283$174,311,035
87$280,548,381$10,141,778$1,020,664$191,701,709
88$308,949,289$10,423,699$839,829$210,856,137
89$340,240,316$10,712,660$646,163$231,953,988
90$374,716,042$11,008,793$439,023$255,193,248
91$412,701,084$11,312,230$217,736$280,792,095
92$454,553,167$11,623,102$0$308,990,959
93$500,666,495$11,941,539$0$340,056,948
94$551,475,472$12,267,669$0$374,307,280
95$607,458,807$12,601,621$0$412,038,208
96$669,144,026$12,943,521$0$453,604,382
97$737,112,457$13,293,494$0$499,396,619
98$812,004,713$13,651,661$0$549,845,587
99$894,526,743$14,018,142$0$605,425,874
100$985,456,493$14,393,053$0$666,660,466