Can I retire at age 35 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$122,217$121,128$120,066$119,030$118,017$114,148
2 years$60,503$59,377$58,285$57,226$56,199$52,338
3 years$39,935$38,803$37,714$36,665$35,655$31,923
4 years$29,653$28,525$27,446$26,415$25,429$21,855
5 years$23,485$22,364$21,299$20,289$19,331$15,924
6 years$19,375$18,262$17,213$16,226$15,296$12,059
7 years$16,440$15,336$14,304$13,340$12,440$9,372
8 years$14,239$13,146$12,131$11,191$10,320$7,420
9 years$12,529$11,446$10,448$9,532$8,691$5,955
10 years$11,162$10,089$9,109$8,217$7,405$4,829
11 years$10,044$8,982$8,020$7,151$6,369$3,948
12 years$9,112$8,061$7,117$6,272$5,519$3,248
13 years$8,325$7,285$6,359$5,537$4,813$2,685
14 years$7,651$6,622$5,713$4,916$4,219$2,229
15 years$7,067$6,049$5,158$4,384$3,714$1,857
16 years$6,557$5,550$4,677$3,925$3,283$1,551
17 years$6,107$5,111$4,256$3,527$2,911$1,298
18 years$5,708$4,723$3,885$3,178$2,588$1,089
19 years$5,351$4,377$3,556$2,872$2,307$915
20 years$5,030$4,068$3,264$2,601$2,061$769
21 years$4,740$3,789$3,002$2,361$1,844$648
22 years$4,477$3,537$2,767$2,146$1,653$546
23 years$4,237$3,308$2,555$1,955$1,484$460
24 years$4,017$3,099$2,363$1,783$1,334$388
25 years$3,816$2,909$2,188$1,628$1,200$328
26 years$3,630$2,734$2,030$1,489$1,081$277
27 years$3,458$2,573$1,885$1,363$975$234
28 years$3,299$2,424$1,752$1,248$879$198
29 years$3,151$2,287$1,630$1,145$794$167
30 years$3,013$2,160$1,519$1,051$717$141
31 years$2,884$2,042$1,416$965$649$120
32 years$2,763$1,932$1,321$887$587$101
33 years$2,650$1,829$1,233$816$531$86
34 years$2,544$1,734$1,152$750$481$72
35 years$2,445$1,645$1,077$691$435$61
36 years$2,351$1,561$1,008$636$395$52
37 years$2,262$1,483$943$586$358$44
38 years$2,178$1,409$883$540$324$37
39 years$2,099$1,340$828$498$294$31
40 years$2,023$1,275$776$459$267$27
41 years$1,952$1,213$727$424$242$23
42 years$1,884$1,156$682$391$220$19
43 years$1,820$1,101$640$361$199$16
44 years$1,758$1,050$601$333$181$14
45 years$1,700$1,001$564$308$164$12
46 years$1,644$955$530$284$149$10
47 years$1,591$911$498$263$135$8
48 years$1,540$870$468$243$123$7
49 years$1,492$831$440$224$112$6
50 years$1,445$793$414$207$101$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,480,000, adding $5,547 every year, while hoping to spend $21,268 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: 30/41/29 Blend
34$1,480,000$1,480,000$1,480,000$1,480,000
35$1,636,682$1,558,242$1,535,302$1,671,079
36$1,780,994$1,611,967$1,564,105$1,752,240
37$1,939,314$1,667,611$1,593,161$1,837,264
38$2,113,047$1,725,247$1,622,455$1,928,313
39$2,303,742$1,784,949$1,651,972$2,025,927
40$2,513,106$1,846,793$1,681,695$2,130,697
41$2,743,018$1,910,861$1,711,607$2,243,275
42$2,995,549$1,977,236$1,741,689$2,364,375
43$3,272,979$2,046,005$1,771,919$2,494,782
44$3,577,821$2,117,258$1,802,277$2,635,361
45$3,912,844$2,191,089$1,832,739$2,787,058
46$4,281,097$2,267,595$1,863,278$2,950,917
47$4,685,940$2,346,878$1,893,869$3,128,084
48$5,131,074$2,429,043$1,924,481$3,319,819
49$5,620,577$2,514,200$1,955,085$3,527,509
50$6,158,943$2,602,463$1,985,648$3,752,678
51$6,751,122$2,693,950$2,016,134$3,997,004
52$7,402,568$2,788,786$2,046,506$4,262,332
53$8,119,291$2,887,097$2,076,725$4,550,691
54$8,907,912$2,989,018$2,106,748$4,864,315
55$9,775,726$3,094,687$2,136,532$5,205,664
56$10,730,773$3,204,249$2,166,028$5,577,442
57$11,781,909$3,317,855$2,195,187$5,982,628
58$12,938,894$3,435,659$2,223,956$6,424,498
59$14,212,480$3,557,826$2,252,278$6,906,663
60$15,614,518$3,684,525$2,280,094$7,433,093
61$17,158,064$3,815,931$2,307,342$8,008,163
62$18,857,503$3,952,228$2,333,954$8,636,687
63$20,728,688$4,093,608$2,359,862$9,323,968
64$22,789,088$4,240,268$2,384,991$10,075,844
65$25,057,949$4,392,416$2,409,263$10,898,744
66$27,556,482$4,550,266$2,432,595$11,799,748
67$30,308,059$4,714,044$2,454,902$12,786,654
68$33,338,431$4,883,983$2,476,092$13,868,047
69$36,675,979$5,060,326$2,496,069$15,053,388
70$40,351,973$5,243,326$2,514,731$16,353,091
71$44,400,872$5,433,247$2,531,973$17,778,631
72$48,860,648$5,630,364$2,547,681$19,342,646
73$53,773,145$5,834,962$2,561,739$21,059,058
74$59,184,470$6,047,339$2,574,022$22,943,201
75$65,145,435$6,267,807$2,584,400$25,011,967
76$71,712,028$6,496,689$2,592,736$27,283,966
77$78,945,949$6,734,321$2,598,887$29,779,696
78$86,915,188$6,981,055$2,602,702$32,521,741
79$95,694,667$7,237,257$2,604,023$35,534,980
80$105,366,948$7,503,307$2,602,682$38,846,824
81$116,023,012$7,779,604$2,598,507$42,487,468
82$127,763,116$8,066,562$2,591,314$46,490,182
83$140,697,742$8,364,611$2,580,911$50,891,619
84$154,948,638$8,674,203$2,567,098$55,732,162
85$170,649,966$8,995,807$2,549,663$61,056,305
86$187,949,572$9,329,910$2,528,386$66,913,069
87$207,010,377$9,677,024$2,503,035$73,356,467
88$228,011,917$10,037,681$2,473,369$80,446,009
89$251,152,039$10,412,433$2,439,133$88,247,265
90$276,648,764$10,801,860$2,400,061$96,832,484
91$304,742,351$11,206,564$2,355,876$106,281,269
92$335,697,559$11,627,174$2,306,287$116,681,336
93$369,806,151$12,064,346$2,250,988$128,129,330
94$407,389,643$12,518,763$2,189,660$140,731,744
95$448,802,344$12,991,140$2,121,972$154,605,921
96$494,434,698$13,482,221$2,047,572$169,881,156
97$544,716,969$13,992,782$1,966,098$186,699,919
98$600,123,304$14,523,633$1,877,167$205,219,199
99$661,176,210$15,075,620$1,780,381$225,611,980
100$728,451,483$15,649,624$1,675,323$248,068,875