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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.8%
1 years$122,217$121,128$120,066$119,030$118,017$113,830
2 years$60,503$59,377$58,285$57,226$56,199$52,025
3 years$39,935$38,803$37,714$36,665$35,655$31,625
4 years$29,653$28,525$27,446$26,415$25,429$21,575
5 years$23,485$22,364$21,299$20,289$19,331$15,662
6 years$19,375$18,262$17,213$16,226$15,296$11,815
7 years$16,440$15,336$14,304$13,340$12,440$9,146
8 years$14,239$13,146$12,131$11,191$10,320$7,211
9 years$12,529$11,446$10,448$9,532$8,691$5,763
10 years$11,162$10,089$9,109$8,217$7,405$4,652
11 years$10,044$8,982$8,020$7,151$6,369$3,786
12 years$9,112$8,061$7,117$6,272$5,519$3,100
13 years$8,325$7,285$6,359$5,537$4,813$2,551
14 years$7,651$6,622$5,713$4,916$4,219$2,108
15 years$7,067$6,049$5,158$4,384$3,714$1,747
16 years$6,557$5,550$4,677$3,925$3,283$1,452
17 years$6,107$5,111$4,256$3,527$2,911$1,209
18 years$5,708$4,723$3,885$3,178$2,588$1,009
19 years$5,351$4,377$3,556$2,872$2,307$843
20 years$5,030$4,068$3,264$2,601$2,061$705
21 years$4,740$3,789$3,002$2,361$1,844$590
22 years$4,477$3,537$2,767$2,146$1,653$495
23 years$4,237$3,308$2,555$1,955$1,484$415
24 years$4,017$3,099$2,363$1,783$1,334$348
25 years$3,816$2,909$2,188$1,628$1,200$292
26 years$3,630$2,734$2,030$1,489$1,081$246
27 years$3,458$2,573$1,885$1,363$975$206
28 years$3,299$2,424$1,752$1,248$879$173
29 years$3,151$2,287$1,630$1,145$794$146
30 years$3,013$2,160$1,519$1,051$717$123
31 years$2,884$2,042$1,416$965$649$103
32 years$2,763$1,932$1,321$887$587$87
33 years$2,650$1,829$1,233$816$531$73
34 years$2,544$1,734$1,152$750$481$61
35 years$2,445$1,645$1,077$691$435$52
36 years$2,351$1,561$1,008$636$395$43
37 years$2,262$1,483$943$586$358$37
38 years$2,178$1,409$883$540$324$31
39 years$2,099$1,340$828$498$294$26
40 years$2,023$1,275$776$459$267$22
41 years$1,952$1,213$727$424$242$18
42 years$1,884$1,156$682$391$220$15
43 years$1,820$1,101$640$361$199$13
44 years$1,758$1,050$601$333$181$11
45 years$1,700$1,001$564$308$164$9
46 years$1,644$955$530$284$149$8
47 years$1,591$911$498$263$135$7
48 years$1,540$870$468$243$123$5
49 years$1,492$831$440$224$112$5
50 years$1,445$793$414$207$101$4

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 $6,429 every year, while hoping to spend $40,859 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: 67/24/9 Blend
34$1,480,000$1,480,000$1,480,000$1,480,000
35$1,637,592$1,559,152$1,536,212$1,743,971
36$1,761,152$1,592,076$1,544,201$1,848,397
37$1,895,947$1,625,245$1,551,089$1,957,027
38$2,043,078$1,658,626$1,556,794$2,074,711
39$2,203,759$1,692,186$1,561,234$2,202,332
40$2,379,327$1,725,888$1,564,320$2,340,857
41$2,571,252$1,759,690$1,565,959$2,491,355
42$2,781,155$1,793,550$1,566,053$2,655,001
43$3,010,818$1,827,420$1,564,502$2,833,090
44$3,262,205$1,861,247$1,561,196$3,027,050
45$3,537,479$1,894,977$1,556,025$3,238,452
46$3,839,020$1,928,550$1,548,871$3,469,029
47$4,169,452$1,961,900$1,539,609$3,720,690
48$4,531,661$1,994,958$1,528,111$3,995,537
49$4,928,828$2,027,649$1,514,241$4,295,887
50$5,364,458$2,059,893$1,497,857$4,624,293
51$5,842,407$2,091,602$1,478,810$4,983,570
52$6,366,927$2,122,685$1,456,944$5,376,816
53$6,942,698$2,153,041$1,432,097$5,807,450
54$7,574,878$2,182,565$1,404,097$6,279,235
55$8,269,147$2,211,142$1,372,765$6,796,320
56$9,031,763$2,238,651$1,337,916$7,363,280
57$9,869,619$2,264,961$1,299,352$7,985,151
58$10,790,310$2,289,934$1,256,871$8,667,488
59$11,802,203$2,313,421$1,210,257$9,416,411
60$12,914,513$2,335,265$1,159,286$10,238,665
61$14,137,397$2,355,296$1,103,725$11,141,684
62$15,482,041$2,373,336$1,043,330$12,133,660
63$16,960,772$2,389,192$977,844$13,223,621
64$18,587,170$2,402,661$907,001$14,421,520
65$20,376,196$2,413,527$830,521$15,738,323
66$22,344,337$2,421,559$748,112$17,186,117
67$24,509,757$2,426,512$659,471$18,778,223
68$26,892,467$2,428,126$564,278$20,529,324
69$29,514,519$2,426,125$462,202$22,455,598
70$32,400,210$2,420,215$352,896$24,574,881
71$35,576,311$2,410,085$235,997$26,906,826
72$39,072,319$2,395,403$111,127$29,473,095
73$42,920,737$2,375,820$0$32,297,560
74$47,157,380$2,350,963$0$35,408,660
75$51,821,710$2,320,437$0$38,844,792
76$56,957,212$2,283,826$0$42,627,276
77$62,611,800$2,240,686$0$46,791,377
78$68,838,273$2,190,548$0$51,375,959
79$75,694,807$2,132,916$0$56,423,854
80$83,245,512$2,067,263$0$61,982,261
81$91,561,028$1,993,033$0$68,103,197
82$100,719,197$1,909,636$0$74,843,990
83$110,805,797$1,816,450$0$82,267,813
84$121,915,347$1,712,815$0$90,444,289
85$134,152,003$1,598,033$0$99,450,144
86$147,630,539$1,471,368$0$109,369,934
87$162,477,428$1,332,040$0$120,296,846
88$178,832,041$1,179,224$0$132,333,571
89$196,847,954$1,012,051$0$145,593,285
90$216,694,404$829,601$0$160,200,709
91$238,557,883$630,901$0$176,293,293
92$262,643,897$414,925$0$194,022,513
93$289,178,908$180,590$0$213,555,299
94$318,412,468$0$0$235,075,619
95$350,619,576$0$0$258,805,557
96$386,103,274$0$0$285,002,357
97$425,197,504$0$0$313,864,888
98$468,270,265$0$0$345,664,854
99$515,727,080$0$0$380,701,667
100$568,014,827$0$0$419,305,274