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%13.6%
1 years$123,869$122,765$121,689$120,638$119,612$117,825
2 years$61,321$60,179$59,072$57,999$56,958$55,161
3 years$40,475$39,328$38,224$37,161$36,137$34,386
4 years$30,053$28,910$27,817$26,772$25,773$24,083
5 years$23,802$22,666$21,587$20,564$19,592$17,967
6 years$19,636$18,508$17,446$16,445$15,503$13,944
7 years$16,662$15,543$14,497$13,520$12,608$11,117
8 years$14,432$13,323$12,295$11,342$10,459$9,035
9 years$12,698$11,600$10,590$9,661$8,808$7,451
10 years$11,312$10,225$9,232$8,328$7,505$6,213
11 years$10,179$9,103$8,128$7,247$6,455$5,226
12 years$9,236$8,170$7,213$6,357$5,593$4,428
13 years$8,438$7,384$6,445$5,612$4,878$3,773
14 years$7,754$6,711$5,791$4,982$4,276$3,230
15 years$7,163$6,131$5,228$4,443$3,765$2,777
16 years$6,646$5,625$4,740$3,978$3,327$2,394
17 years$6,190$5,181$4,313$3,574$2,950$2,071
18 years$5,785$4,787$3,937$3,221$2,623$1,795
19 years$5,423$4,437$3,605$2,911$2,338$1,559
20 years$5,098$4,123$3,308$2,636$2,088$1,357
21 years$4,804$3,840$3,043$2,393$1,869$1,182
22 years$4,537$3,585$2,804$2,175$1,675$1,032
23 years$4,294$3,353$2,589$1,981$1,504$901
24 years$4,072$3,141$2,395$1,807$1,352$788
25 years$3,867$2,948$2,218$1,650$1,216$690
26 years$3,679$2,770$2,057$1,509$1,096$604
27 years$3,505$2,607$1,910$1,381$988$529
28 years$3,343$2,457$1,776$1,265$891$464
29 years$3,193$2,318$1,652$1,160$805$407
30 years$3,053$2,189$1,539$1,065$727$357
31 years$2,923$2,069$1,435$978$657$314
32 years$2,801$1,958$1,339$899$595$275
33 years$2,686$1,854$1,250$827$538$242
34 years$2,579$1,757$1,168$761$487$213
35 years$2,478$1,667$1,092$700$441$187
36 years$2,382$1,582$1,022$645$400$164
37 years$2,292$1,503$956$594$362$144
38 years$2,207$1,428$895$548$329$127
39 years$2,127$1,358$839$505$298$112
40 years$2,051$1,292$786$466$270$98
41 years$1,978$1,230$737$430$245$86
42 years$1,910$1,171$692$397$222$76
43 years$1,844$1,116$649$366$202$67
44 years$1,782$1,064$609$338$183$59
45 years$1,723$1,014$572$312$166$52
46 years$1,666$968$537$288$151$46
47 years$1,613$923$505$266$137$40
48 years$1,561$882$474$246$125$35
49 years$1,512$842$446$227$113$31
50 years$1,465$804$419$210$103$27

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 $4,433 every year, while hoping to spend $28,707 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: 74/6/20 Blend
34$1,500,000$1,500,000$1,500,000$1,500,000
35$1,657,573$1,578,073$1,554,823$1,772,034
36$1,796,101$1,624,854$1,576,365$1,895,387
37$1,947,797$1,672,966$1,597,667$2,026,606
38$2,113,974$1,722,443$1,618,690$2,169,664
39$2,296,077$1,773,320$1,639,394$2,325,734
40$2,495,698$1,825,634$1,659,736$2,496,108
41$2,714,592$1,879,423$1,679,669$2,682,210
42$2,954,690$1,934,724$1,699,147$2,885,607
43$3,218,118$1,991,575$1,718,119$3,108,026
44$3,507,221$2,050,017$1,736,530$3,351,369
45$3,824,579$2,110,089$1,754,326$3,617,733
46$4,173,036$2,171,834$1,771,445$3,909,425
47$4,555,723$2,235,291$1,787,826$4,228,991
48$4,976,091$2,300,505$1,803,403$4,579,232
49$5,437,941$2,367,518$1,818,105$4,963,237
50$5,945,459$2,436,375$1,831,860$5,384,407
51$6,503,259$2,507,120$1,844,591$5,846,493
52$7,116,423$2,579,800$1,856,216$6,353,623
53$7,790,549$2,654,461$1,866,650$6,910,350
54$8,531,805$2,731,151$1,875,804$7,521,688
55$9,346,989$2,809,916$1,883,582$8,193,162
56$10,243,587$2,890,807$1,889,887$8,930,861
57$11,229,848$2,973,873$1,894,614$9,741,496
58$12,314,863$3,059,163$1,897,654$10,632,457
59$13,508,646$3,146,729$1,898,893$11,611,893
60$14,822,232$3,236,622$1,898,209$12,688,779
61$16,267,777$3,328,894$1,895,477$13,873,008
62$17,858,679$3,423,599$1,890,565$15,175,480
63$19,609,699$3,520,790$1,883,332$16,608,207
64$21,537,099$3,620,519$1,873,635$18,184,425
65$23,658,802$3,722,843$1,861,320$19,918,721
66$25,994,553$3,827,816$1,846,228$21,827,168
67$28,566,111$3,935,492$1,828,190$23,927,479
68$31,397,451$4,045,929$1,807,032$26,239,172
69$34,514,993$4,159,181$1,782,569$28,783,757
70$37,947,846$4,275,305$1,754,609$31,584,938
71$41,728,089$4,394,357$1,722,951$34,668,835
72$45,891,067$4,516,394$1,687,383$38,064,232
73$50,475,731$4,641,472$1,647,685$41,802,851
74$55,525,000$4,769,648$1,603,627$45,919,647
75$61,086,167$4,900,979$1,554,966$50,453,141
76$67,211,348$5,035,519$1,501,449$55,445,785
77$73,957,972$5,173,325$1,442,814$60,944,358
78$81,389,319$5,314,452$1,378,782$67,000,412
79$89,575,124$5,458,955$1,309,066$73,670,759
80$98,592,231$5,606,887$1,233,363$81,018,002
81$108,525,316$5,758,303$1,151,359$89,111,135
82$119,467,691$5,913,252$1,062,722$98,026,185
83$131,522,181$6,071,788$967,109$107,846,937
84$144,802,097$6,233,958$864,160$118,665,722
85$159,432,300$6,399,811$753,499$130,584,288
86$175,550,386$6,569,394$634,733$143,714,764
87$193,307,981$6,742,749$507,452$158,180,715
88$212,872,171$6,919,920$371,227$174,118,313
89$234,427,082$7,100,946$225,613$191,677,618
90$258,175,615$7,285,863$70,142$211,023,998
91$284,341,364$7,474,706$0$232,339,692
92$313,170,721$7,667,505$0$255,845,963
93$344,935,209$7,864,287$0$281,760,989
94$379,934,039$8,065,076$0$310,313,787
95$418,496,935$8,269,889$0$341,773,242
96$460,987,250$8,478,741$0$376,435,660
97$507,805,392$8,691,641$0$414,627,566
98$559,392,603$8,908,593$0$456,708,784
99$616,235,128$9,129,594$0$503,075,836
100$678,868,802$9,354,635$0$554,165,683