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%12.3%
1 years$123,869$122,765$121,689$120,638$119,612$118,462
2 years$61,321$60,179$59,072$57,999$56,958$55,799
3 years$40,475$39,328$38,224$37,161$36,137$35,005
4 years$30,053$28,910$27,817$26,772$25,773$24,678
5 years$23,802$22,666$21,587$20,564$19,592$18,536
6 years$19,636$18,508$17,446$16,445$15,503$14,487
7 years$16,662$15,543$14,497$13,520$12,608$11,634
8 years$14,432$13,323$12,295$11,342$10,459$9,526
9 years$12,698$11,600$10,590$9,661$8,808$7,916
10 years$11,312$10,225$9,232$8,328$7,505$6,653
11 years$10,179$9,103$8,128$7,247$6,455$5,642
12 years$9,236$8,170$7,213$6,357$5,593$4,820
13 years$8,438$7,384$6,445$5,612$4,878$4,142
14 years$7,754$6,711$5,791$4,982$4,276$3,577
15 years$7,163$6,131$5,228$4,443$3,765$3,102
16 years$6,646$5,625$4,740$3,978$3,327$2,699
17 years$6,190$5,181$4,313$3,574$2,950$2,356
18 years$5,785$4,787$3,937$3,221$2,623$2,061
19 years$5,423$4,437$3,605$2,911$2,338$1,807
20 years$5,098$4,123$3,308$2,636$2,088$1,588
21 years$4,804$3,840$3,043$2,393$1,869$1,397
22 years$4,537$3,585$2,804$2,175$1,675$1,231
23 years$4,294$3,353$2,589$1,981$1,504$1,086
24 years$4,072$3,141$2,395$1,807$1,352$960
25 years$3,867$2,948$2,218$1,650$1,216$848
26 years$3,679$2,770$2,057$1,509$1,096$751
27 years$3,505$2,607$1,910$1,381$988$665
28 years$3,343$2,457$1,776$1,265$891$589
29 years$3,193$2,318$1,652$1,160$805$522
30 years$3,053$2,189$1,539$1,065$727$463
31 years$2,923$2,069$1,435$978$657$411
32 years$2,801$1,958$1,339$899$595$365
33 years$2,686$1,854$1,250$827$538$324
34 years$2,579$1,757$1,168$761$487$288
35 years$2,478$1,667$1,092$700$441$256
36 years$2,382$1,582$1,022$645$400$227
37 years$2,292$1,503$956$594$362$202
38 years$2,207$1,428$895$548$329$180
39 years$2,127$1,358$839$505$298$160
40 years$2,051$1,292$786$466$270$142
41 years$1,978$1,230$737$430$245$126
42 years$1,910$1,171$692$397$222$112
43 years$1,844$1,116$649$366$202$100
44 years$1,782$1,064$609$338$183$89
45 years$1,723$1,014$572$312$166$79
46 years$1,666$968$537$288$151$70
47 years$1,613$923$505$266$137$63
48 years$1,561$882$474$246$125$56
49 years$1,512$842$446$227$113$50
50 years$1,465$804$419$210$103$44

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 $2,970 every year, while hoping to spend $42,864 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: 39/39/22 Blend
34$1,500,000$1,500,000$1,500,000$1,500,000
35$1,656,064$1,576,564$1,553,314$1,709,705
36$1,779,375$1,608,208$1,559,743$1,780,334
37$1,913,828$1,639,967$1,564,950$1,852,392
38$2,060,513$1,671,800$1,568,851$1,929,442
39$2,220,631$1,703,664$1,571,353$2,011,964
40$2,395,505$1,735,513$1,572,363$2,100,485
41$2,586,589$1,767,296$1,571,780$2,195,587
42$2,795,486$1,798,959$1,569,500$2,297,913
43$3,023,961$1,830,442$1,565,413$2,408,173
44$3,273,955$1,861,684$1,559,404$2,527,149
45$3,547,607$1,892,615$1,551,353$2,655,705
46$3,847,273$1,923,163$1,541,133$2,794,794
47$4,175,545$1,953,249$1,528,612$2,945,470
48$4,535,280$1,982,788$1,513,650$3,108,894
49$4,929,625$2,011,690$1,496,103$3,286,348
50$5,362,042$2,039,858$1,475,818$3,479,246
51$5,836,348$2,067,189$1,452,635$3,689,151
52$6,356,745$2,093,571$1,426,389$3,917,785
53$6,927,864$2,118,887$1,396,903$4,167,049
54$7,554,803$2,143,009$1,363,996$4,439,042
55$8,243,178$2,165,802$1,327,476$4,736,080
56$8,999,179$2,187,123$1,287,142$5,060,717
57$9,829,620$2,206,816$1,242,786$5,415,773
58$10,742,010$2,224,720$1,194,189$5,804,358
59$11,744,622$2,240,658$1,141,121$6,229,903
60$12,846,569$2,254,445$1,083,344$6,696,196
61$14,057,890$2,265,884$1,020,607$7,207,413
62$15,389,646$2,274,764$952,649$7,768,163
63$16,854,024$2,280,862$879,197$8,383,531
64$18,464,450$2,283,939$799,965$9,059,123
65$20,235,715$2,283,743$714,655$9,801,127
66$22,184,118$2,280,007$622,956$10,616,368
67$24,327,616$2,272,445$524,543$11,512,371
68$26,685,992$2,260,754$419,075$12,497,441
69$29,281,048$2,244,615$306,198$13,580,733
70$32,136,801$2,223,688$185,542$14,772,348
71$35,279,717$2,197,611$56,720$16,083,425
72$38,738,957$2,166,003$0$17,526,250
73$42,546,652$2,128,458$0$19,133,325
74$46,738,206$2,084,548$0$20,916,078
75$51,352,629$2,033,818$0$22,877,759
76$56,432,909$1,975,786$0$25,036,644
77$62,026,410$1,909,944$0$27,412,882
78$68,185,324$1,835,751$0$30,028,682
79$74,967,163$1,752,639$0$32,908,527
80$82,435,297$1,660,002$0$36,079,405
81$90,659,558$1,557,203$0$39,571,065
82$99,716,893$1,443,566$0$43,416,302
83$109,692,093$1,318,378$0$47,651,264
84$120,678,592$1,180,884$0$52,315,797
85$132,779,349$1,030,287$0$57,453,824
86$146,107,815$865,744$0$63,113,758
87$160,789,012$686,365$0$69,348,966
88$176,960,704$491,210$0$76,218,271
89$194,774,703$279,285$0$83,786,509
90$214,398,295$49,543$0$92,125,149
91$236,015,825$0$0$101,312,963
92$259,830,434$0$0$111,522,234
93$286,065,975$0$0$122,793,093
94$314,969,125$0$0$135,210,290
95$346,811,716$0$0$148,890,648
96$381,893,296$0$0$163,962,904
97$420,543,962$0$0$180,568,921
98$463,127,469$0$0$198,865,028
99$510,044,665$0$0$219,023,497
100$561,737,279$0$0$241,234,168