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

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$123,869$122,765$121,689$120,638$119,612$116,863
2 years$61,321$60,179$59,072$57,999$56,958$54,204
3 years$40,475$39,328$38,224$37,161$36,137$33,463
4 years$30,053$28,910$27,817$26,772$25,773$23,200
5 years$23,802$22,666$21,587$20,564$19,592$17,128
6 years$19,636$18,508$17,446$16,445$15,503$13,149
7 years$16,662$15,543$14,497$13,520$12,608$10,366
8 years$14,432$13,323$12,295$11,342$10,459$8,328
9 years$12,698$11,600$10,590$9,661$8,808$6,786
10 years$11,312$10,225$9,232$8,328$7,505$5,589
11 years$10,179$9,103$8,128$7,247$6,455$4,643
12 years$9,236$8,170$7,213$6,357$5,593$3,883
13 years$8,438$7,384$6,445$5,612$4,878$3,265
14 years$7,754$6,711$5,791$4,982$4,276$2,758
15 years$7,163$6,131$5,228$4,443$3,765$2,338
16 years$6,646$5,625$4,740$3,978$3,327$1,988
17 years$6,190$5,181$4,313$3,574$2,950$1,695
18 years$5,785$4,787$3,937$3,221$2,623$1,448
19 years$5,423$4,437$3,605$2,911$2,338$1,239
20 years$5,098$4,123$3,308$2,636$2,088$1,062
21 years$4,804$3,840$3,043$2,393$1,869$912
22 years$4,537$3,585$2,804$2,175$1,675$783
23 years$4,294$3,353$2,589$1,981$1,504$674
24 years$4,072$3,141$2,395$1,807$1,352$580
25 years$3,867$2,948$2,218$1,650$1,216$500
26 years$3,679$2,770$2,057$1,509$1,096$431
27 years$3,505$2,607$1,910$1,381$988$371
28 years$3,343$2,457$1,776$1,265$891$320
29 years$3,193$2,318$1,652$1,160$805$276
30 years$3,053$2,189$1,539$1,065$727$239
31 years$2,923$2,069$1,435$978$657$206
32 years$2,801$1,958$1,339$899$595$178
33 years$2,686$1,854$1,250$827$538$154
34 years$2,579$1,757$1,168$761$487$133
35 years$2,478$1,667$1,092$700$441$115
36 years$2,382$1,582$1,022$645$400$99
37 years$2,292$1,503$956$594$362$86
38 years$2,207$1,428$895$548$329$74
39 years$2,127$1,358$839$505$298$64
40 years$2,051$1,292$786$466$270$55
41 years$1,978$1,230$737$430$245$48
42 years$1,910$1,171$692$397$222$41
43 years$1,844$1,116$649$366$202$36
44 years$1,782$1,064$609$338$183$31
45 years$1,723$1,014$572$312$166$27
46 years$1,666$968$537$288$151$23
47 years$1,613$923$505$266$137$20
48 years$1,561$882$474$246$125$17
49 years$1,512$842$446$227$113$15
50 years$1,465$804$419$210$103$13

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 $2,260 every year, while hoping to spend $21,837 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: 34/37/29 Blend
34$1,500,000$1,500,000$1,500,000$1,500,000
35$1,655,331$1,575,831$1,552,581$1,697,033
36$1,800,941$1,629,813$1,581,358$1,782,765
37$1,960,670$1,685,707$1,610,367$1,873,047
38$2,135,937$1,743,585$1,639,594$1,969,987
39$2,328,303$1,803,521$1,669,020$2,074,194
40$2,539,487$1,865,591$1,698,629$2,186,336
41$2,771,383$1,929,873$1,728,401$2,307,147
42$3,026,077$1,996,450$1,758,316$2,437,437
43$3,305,869$2,065,408$1,788,352$2,578,091
44$3,613,291$2,136,836$1,818,485$2,730,087
45$3,951,131$2,210,826$1,848,688$2,894,498
46$4,322,464$2,287,473$1,878,937$3,072,504
47$4,730,674$2,366,879$1,909,200$3,265,405
48$5,179,492$2,449,145$1,939,448$3,474,629
49$5,673,029$2,534,381$1,969,648$3,701,747
50$6,215,810$2,622,699$1,999,763$3,948,489
51$6,812,825$2,714,214$2,029,758$4,216,759
52$7,469,571$2,809,047$2,059,592$4,508,651
53$8,192,102$2,907,326$2,089,224$4,826,470
54$8,987,092$3,009,180$2,118,608$5,172,754
55$9,861,891$3,114,746$2,147,697$5,550,296
56$10,824,601$3,224,165$2,176,442$5,962,170
57$11,884,146$3,337,585$2,204,789$6,411,763
58$13,050,361$3,455,159$2,232,681$6,902,802
59$14,334,082$3,577,046$2,260,060$7,439,391
60$15,747,249$3,703,412$2,286,863$8,026,050
61$17,303,018$3,834,429$2,313,023$8,667,754
62$19,015,887$3,970,276$2,338,470$9,369,984
63$20,901,829$4,111,141$2,363,130$10,138,776
64$22,978,446$4,257,218$2,386,925$10,980,777
65$25,265,134$4,408,708$2,409,774$11,903,309
66$27,783,265$4,565,822$2,431,588$12,914,433
67$30,556,390$4,728,779$2,452,278$14,023,033
68$33,610,459$4,897,807$2,471,747$15,238,891
69$36,974,068$5,073,142$2,489,893$16,572,784
70$40,678,730$5,255,032$2,506,611$18,036,581
71$44,759,165$5,443,734$2,521,788$19,643,360
72$49,253,639$5,639,516$2,535,306$21,407,525
73$54,204,313$5,842,655$2,547,042$23,344,945
74$59,657,650$6,053,442$2,556,865$25,473,103
75$65,664,849$6,272,180$2,564,639$27,811,257
76$72,282,330$6,499,183$2,570,220$30,380,628
77$79,572,263$6,734,778$2,573,458$33,204,590
78$87,603,158$6,979,307$2,574,194$36,308,899
79$96,450,513$7,233,125$2,572,262$39,721,929
80$106,197,521$7,496,604$2,567,488$43,474,945
81$116,935,858$7,770,128$2,559,689$47,602,390
82$128,766,551$8,054,100$2,548,674$52,142,215
83$141,800,927$8,348,938$2,534,242$57,136,236
84$156,161,665$8,655,079$2,516,183$62,630,523
85$171,983,954$8,972,978$2,494,275$68,675,842
86$189,416,773$9,303,109$2,468,288$75,328,124
87$208,624,288$9,645,966$2,437,980$82,649,001
88$229,787,410$10,002,063$2,403,097$90,706,379
89$253,105,499$10,371,937$2,363,374$99,575,084
90$278,798,246$10,756,148$2,318,533$109,337,564
91$307,107,747$11,155,279$2,268,284$120,084,666
92$338,300,788$11,569,938$2,212,322$131,916,495
93$372,671,362$12,000,759$2,150,328$144,943,356
94$410,543,447$12,448,403$2,081,971$159,286,793
95$452,274,063$12,913,559$2,006,901$175,080,738
96$498,256,640$13,396,945$1,924,755$192,472,772
97$548,924,734$13,899,313$1,835,151$211,625,516
98$604,756,120$14,421,443$1,737,692$232,718,168
99$666,277,302$14,964,150$1,631,962$255,948,189
100$734,068,479$15,528,286$1,517,525$281,533,170