Can I retire at age 35 with 1,520,000?

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 $1,520,000?

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$125,520$124,402$123,311$122,247$121,207$120,041
2 years$62,139$60,981$59,860$58,772$57,718$56,543
3 years$41,014$39,852$38,733$37,656$36,618$35,472
4 years$30,454$29,295$28,188$27,129$26,117$25,007
5 years$24,120$22,968$21,875$20,838$19,853$18,783
6 years$19,898$18,755$17,678$16,664$15,709$14,681
7 years$16,884$15,751$14,691$13,700$12,776$11,789
8 years$14,624$13,501$12,459$11,493$10,599$9,653
9 years$12,868$11,755$10,731$9,789$8,926$8,022
10 years$11,463$10,362$9,355$8,439$7,605$6,742
11 years$10,315$9,224$8,236$7,344$6,541$5,718
12 years$9,359$8,279$7,310$6,442$5,668$4,884
13 years$8,550$7,482$6,531$5,687$4,943$4,197
14 years$7,858$6,801$5,868$5,048$4,333$3,625
15 years$7,258$6,213$5,298$4,502$3,815$3,143
16 years$6,734$5,700$4,803$4,031$3,372$2,735
17 years$6,272$5,250$4,371$3,622$2,989$2,387
18 years$5,862$4,851$3,990$3,264$2,658$2,089
19 years$5,495$4,496$3,653$2,950$2,369$1,831
20 years$5,166$4,178$3,352$2,671$2,116$1,609
21 years$4,868$3,891$3,083$2,424$1,894$1,416
22 years$4,598$3,632$2,842$2,204$1,698$1,248
23 years$4,352$3,397$2,624$2,008$1,524$1,101
24 years$4,126$3,183$2,427$1,831$1,370$972
25 years$3,919$2,987$2,248$1,672$1,232$860
26 years$3,728$2,807$2,084$1,529$1,110$761
27 years$3,551$2,642$1,936$1,399$1,001$674
28 years$3,388$2,490$1,799$1,282$903$597
29 years$3,236$2,349$1,675$1,176$815$529
30 years$3,094$2,218$1,560$1,079$737$469
31 years$2,962$2,097$1,454$991$666$416
32 years$2,838$1,984$1,357$911$603$370
33 years$2,722$1,879$1,267$838$545$328
34 years$2,613$1,781$1,184$771$494$292
35 years$2,511$1,689$1,107$709$447$259
36 years$2,414$1,603$1,035$653$405$230
37 years$2,323$1,523$969$602$367$205
38 years$2,237$1,447$907$555$333$182
39 years$2,155$1,376$850$512$302$162
40 years$2,078$1,309$797$472$274$144
41 years$2,005$1,246$747$435$248$128
42 years$1,935$1,187$701$402$225$114
43 years$1,869$1,131$658$371$205$101
44 years$1,806$1,078$617$342$186$90
45 years$1,746$1,028$580$316$169$80
46 years$1,689$981$544$292$153$71
47 years$1,634$936$511$270$139$64
48 years$1,582$893$481$249$126$57
49 years$1,532$853$452$231$115$50
50 years$1,484$815$425$213$104$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,520,000, adding $3,446 every year, while hoping to spend $51,897 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: 39/32/29 Blend
34$1,520,000$1,520,000$1,520,000$1,520,000
35$1,678,595$1,598,035$1,574,475$1,729,517
36$1,794,593$1,621,120$1,572,001$1,790,209
37$1,920,684$1,643,598$1,567,706$1,850,772
38$2,057,843$1,665,383$1,561,473$1,915,281
39$2,207,140$1,686,384$1,553,180$1,984,131
40$2,369,757$1,706,506$1,542,700$2,057,759
41$2,546,992$1,725,644$1,529,900$2,136,647
42$2,740,274$1,743,689$1,514,641$2,221,332
43$2,951,176$1,760,524$1,496,775$2,312,406
44$3,181,428$1,776,022$1,476,149$2,410,525
45$3,432,937$1,790,050$1,452,603$2,516,416
46$3,707,800$1,802,466$1,425,969$2,630,882
47$4,008,328$1,813,119$1,396,071$2,754,812
48$4,337,063$1,821,847$1,362,725$2,889,191
49$4,696,805$1,828,480$1,325,738$3,035,106
50$5,090,638$1,832,834$1,284,909$3,193,762
51$5,521,956$1,834,716$1,240,027$3,366,489
52$5,994,500$1,833,921$1,190,872$3,554,760
53$6,512,386$1,830,230$1,137,213$3,760,202
54$7,080,149$1,823,412$1,078,810$3,984,614
55$7,702,785$1,813,219$1,015,410$4,229,986
56$8,385,794$1,799,392$946,751$4,498,514
57$9,135,236$1,781,653$872,558$4,792,628
58$9,957,784$1,759,708$792,543$5,115,012
59$10,860,791$1,733,247$706,407$5,468,632
60$11,852,355$1,701,940$613,835$5,856,764
61$12,941,398$1,665,437$514,500$6,283,026
62$14,137,746$1,623,369$408,062$6,751,415
63$15,452,225$1,575,343$294,161$7,266,348
64$16,896,763$1,520,946$172,427$7,832,697
65$18,484,499$1,459,739$42,469$8,455,848
66$20,229,909$1,391,256$0$9,141,744
67$22,148,940$1,315,008$0$9,926,721
68$24,259,162$1,230,474$0$10,804,209
69$26,579,935$1,137,106$0$11,769,189
70$29,132,587$1,034,322$0$12,830,629
71$31,940,616$921,509$0$13,998,424
72$35,029,914$798,018$0$15,283,481
73$38,429,008$663,164$0$16,697,830
74$42,169,330$516,222$0$18,254,735
75$46,285,512$356,428$0$19,968,823
76$50,815,715$182,974$0$21,856,220
77$55,801,985$0$0$23,934,712
78$61,290,651$0$0$26,225,663
79$67,332,761$0$0$28,818,793
80$73,984,567$0$0$31,673,842
81$81,308,049$0$0$34,817,446
82$89,371,503$0$0$38,278,953
83$98,250,185$0$0$42,090,702
84$108,027,021$0$0$46,288,330
85$118,793,387$0$0$50,911,104
86$130,649,971$0$0$56,002,293
87$143,707,727$0$0$61,609,579
88$158,088,914$0$0$67,785,502
89$173,928,257$0$0$74,587,960
90$191,374,213$0$0$82,080,750
91$210,590,372$0$0$90,334,177
92$231,757,004$0$0$99,425,712
93$255,072,753$0$0$109,440,722
94$280,756,520$0$0$120,473,281
95$309,049,521$0$0$132,627,054
96$340,217,567$0$0$146,016,275
97$374,553,571$0$0$160,766,826
98$412,380,313$0$0$177,017,426
99$454,053,484$0$0$194,920,937
100$499,965,045$0$0$214,645,809