Can I retire at age 35 with 1,500,000?

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$123,869$122,765$121,689$120,638$119,612$117,727
2 years$61,321$60,179$59,072$57,999$56,958$55,064
3 years$40,475$39,328$38,224$37,161$36,137$34,292
4 years$30,053$28,910$27,817$26,772$25,773$23,993
5 years$23,802$22,666$21,587$20,564$19,592$17,881
6 years$19,636$18,508$17,446$16,445$15,503$13,862
7 years$16,662$15,543$14,497$13,520$12,608$11,039
8 years$14,432$13,323$12,295$11,342$10,459$8,962
9 years$12,698$11,600$10,590$9,661$8,808$7,382
10 years$11,312$10,225$9,232$8,328$7,505$6,148
11 years$10,179$9,103$8,128$7,247$6,455$5,165
12 years$9,236$8,170$7,213$6,357$5,593$4,370
13 years$8,438$7,384$6,445$5,612$4,878$3,719
14 years$7,754$6,711$5,791$4,982$4,276$3,180
15 years$7,163$6,131$5,228$4,443$3,765$2,729
16 years$6,646$5,625$4,740$3,978$3,327$2,351
17 years$6,190$5,181$4,313$3,574$2,950$2,030
18 years$5,785$4,787$3,937$3,221$2,623$1,757
19 years$5,423$4,437$3,605$2,911$2,338$1,524
20 years$5,098$4,123$3,308$2,636$2,088$1,324
21 years$4,804$3,840$3,043$2,393$1,869$1,152
22 years$4,537$3,585$2,804$2,175$1,675$1,004
23 years$4,294$3,353$2,589$1,981$1,504$876
24 years$4,072$3,141$2,395$1,807$1,352$764
25 years$3,867$2,948$2,218$1,650$1,216$668
26 years$3,679$2,770$2,057$1,509$1,096$584
27 years$3,505$2,607$1,910$1,381$988$511
28 years$3,343$2,457$1,776$1,265$891$447
29 years$3,193$2,318$1,652$1,160$805$392
30 years$3,053$2,189$1,539$1,065$727$343
31 years$2,923$2,069$1,435$978$657$301
32 years$2,801$1,958$1,339$899$595$264
33 years$2,686$1,854$1,250$827$538$231
34 years$2,579$1,757$1,168$761$487$203
35 years$2,478$1,667$1,092$700$441$178
36 years$2,382$1,582$1,022$645$400$156
37 years$2,292$1,503$956$594$362$137
38 years$2,207$1,428$895$548$329$120
39 years$2,127$1,358$839$505$298$106
40 years$2,051$1,292$786$466$270$93
41 years$1,978$1,230$737$430$245$81
42 years$1,910$1,171$692$397$222$72
43 years$1,844$1,116$649$366$202$63
44 years$1,782$1,064$609$338$183$55
45 years$1,723$1,014$572$312$166$48
46 years$1,666$968$537$288$151$43
47 years$1,613$923$505$266$137$37
48 years$1,561$882$474$246$125$33
49 years$1,512$842$446$227$113$29
50 years$1,465$804$419$210$103$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,500,000, adding $2,905 every year, while hoping to spend $50,628 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: 45/49/6 Blend
34$1,500,000$1,500,000$1,500,000$1,500,000
35$1,655,997$1,576,497$1,553,247$1,727,645
36$1,771,040$1,599,877$1,551,412$1,800,689
37$1,896,122$1,622,706$1,547,820$1,874,351
38$2,032,211$1,644,904$1,542,357$1,953,034
39$2,180,377$1,666,384$1,534,906$2,037,218
40$2,341,792$1,687,054$1,525,343$2,127,430
41$2,517,752$1,706,816$1,513,538$2,224,252
42$2,709,677$1,725,565$1,499,356$2,328,328
43$2,919,135$1,743,189$1,482,656$2,440,369
44$3,147,850$1,759,568$1,463,288$2,561,158
45$3,397,719$1,774,575$1,441,096$2,691,562
46$3,670,831$1,788,074$1,415,918$2,832,537
47$3,969,487$1,799,921$1,387,582$2,985,139
48$4,296,219$1,809,962$1,355,910$3,150,534
49$4,653,816$1,818,032$1,320,716$3,330,010
50$5,045,348$1,823,959$1,281,803$3,524,986
51$5,474,197$1,827,556$1,238,967$3,737,034
52$5,944,087$1,828,628$1,191,994$3,967,885
53$6,459,119$1,826,966$1,140,660$4,219,452
54$7,023,808$1,822,347$1,084,732$4,493,846
55$7,643,131$1,814,536$1,023,965$4,793,398
56$8,322,566$1,803,284$958,104$5,120,682
57$9,068,148$1,788,325$886,880$5,478,538
58$9,886,525$1,769,379$810,017$5,870,100
59$10,785,019$1,746,147$727,221$6,298,829
60$11,771,697$1,718,314$638,188$6,768,544
61$12,855,444$1,685,545$542,602$7,283,461
62$14,046,049$1,647,486$440,128$7,848,229
63$15,354,294$1,603,762$330,421$8,467,984
64$16,792,061$1,553,975$213,119$9,148,390
65$18,372,437$1,497,705$87,844$9,895,697
66$20,109,839$1,434,507$0$10,716,803
67$22,020,154$1,363,909$0$11,622,254
68$24,120,883$1,285,414$0$12,623,702
69$26,431,309$1,198,495$0$13,724,810
70$28,972,677$1,102,595$0$14,935,828
71$31,768,393$997,125$0$16,268,059
72$34,844,248$881,463$0$17,733,974
73$38,228,658$754,952$0$19,347,326
74$41,952,931$616,895$0$21,123,284
75$46,051,567$466,560$0$23,078,578
76$50,562,576$303,170$0$25,231,660
77$55,527,841$125,908$0$27,602,878
78$60,993,511$0$0$30,214,674
79$67,010,437$0$0$33,127,432
80$73,634,651$0$0$36,409,134
81$80,927,893$0$0$40,022,504
82$88,958,194$0$0$44,001,277
83$97,800,519$0$0$48,382,624
84$107,537,472$0$0$53,207,504
85$118,260,076$0$0$58,521,052
86$130,068,628$0$0$64,373,004
87$143,073,653$0$0$70,818,163
88$157,396,939$0$0$77,916,920
89$173,172,687$0$0$85,735,823
90$190,548,781$0$0$94,348,202
91$209,688,180$0$0$103,834,864
92$230,770,455$0$0$114,284,855
93$253,993,487$0$0$125,796,299
94$279,575,327$0$0$138,477,322
95$307,756,262$0$0$152,447,080
96$338,801,076$0$0$167,836,871
97$373,001,552$0$0$184,791,388
98$410,679,224$0$0$203,470,073
99$452,188,411$0$0$224,048,628
100$497,919,562$0$0$246,720,670