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%18.5%
1 years$125,520$124,402$123,311$122,247$121,207$117,046
2 years$62,139$60,981$59,860$58,772$57,718$53,568
3 years$41,014$39,852$38,733$37,656$36,618$32,610
4 years$30,454$29,295$28,188$27,129$26,117$22,281
5 years$24,120$22,968$21,875$20,838$19,853$16,200
6 years$19,898$18,755$17,678$16,664$15,709$12,241
7 years$16,884$15,751$14,691$13,700$12,776$9,492
8 years$14,624$13,501$12,459$11,493$10,599$7,497
9 years$12,868$11,755$10,731$9,789$8,926$6,002
10 years$11,463$10,362$9,355$8,439$7,605$4,855
11 years$10,315$9,224$8,236$7,344$6,541$3,959
12 years$9,359$8,279$7,310$6,442$5,668$3,248
13 years$8,550$7,482$6,531$5,687$4,943$2,678
14 years$7,858$6,801$5,868$5,048$4,333$2,217
15 years$7,258$6,213$5,298$4,502$3,815$1,842
16 years$6,734$5,700$4,803$4,031$3,372$1,534
17 years$6,272$5,250$4,371$3,622$2,989$1,280
18 years$5,862$4,851$3,990$3,264$2,658$1,070
19 years$5,495$4,496$3,653$2,950$2,369$896
20 years$5,166$4,178$3,352$2,671$2,116$752
21 years$4,868$3,891$3,083$2,424$1,894$631
22 years$4,598$3,632$2,842$2,204$1,698$530
23 years$4,352$3,397$2,624$2,008$1,524$446
24 years$4,126$3,183$2,427$1,831$1,370$375
25 years$3,919$2,987$2,248$1,672$1,232$315
26 years$3,728$2,807$2,084$1,529$1,110$266
27 years$3,551$2,642$1,936$1,399$1,001$224
28 years$3,388$2,490$1,799$1,282$903$188
29 years$3,236$2,349$1,675$1,176$815$159
30 years$3,094$2,218$1,560$1,079$737$134
31 years$2,962$2,097$1,454$991$666$113
32 years$2,838$1,984$1,357$911$603$95
33 years$2,722$1,879$1,267$838$545$80
34 years$2,613$1,781$1,184$771$494$68
35 years$2,511$1,689$1,107$709$447$57
36 years$2,414$1,603$1,035$653$405$48
37 years$2,323$1,523$969$602$367$41
38 years$2,237$1,447$907$555$333$34
39 years$2,155$1,376$850$512$302$29
40 years$2,078$1,309$797$472$274$24
41 years$2,005$1,246$747$435$248$21
42 years$1,935$1,187$701$402$225$17
43 years$1,869$1,131$658$371$205$15
44 years$1,806$1,078$617$342$186$12
45 years$1,746$1,028$580$316$169$10
46 years$1,689$981$544$292$153$9
47 years$1,634$936$511$270$139$7
48 years$1,582$893$481$249$126$6
49 years$1,532$853$452$231$115$5
50 years$1,484$815$425$213$104$4

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 $5,289 every year, while hoping to spend $40,843 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: 45/28/27 Blend
34$1,520,000$1,520,000$1,520,000$1,520,000
35$1,680,496$1,599,936$1,576,376$1,742,796
36$1,808,450$1,634,876$1,585,728$1,822,479
37$1,948,086$1,670,159$1,594,024$1,904,497
38$2,100,553$1,705,759$1,601,186$1,992,658
39$2,267,115$1,741,648$1,607,132$2,087,556
40$2,449,165$1,777,792$1,611,774$2,189,850
41$2,648,234$1,814,158$1,615,023$2,300,262
42$2,866,009$1,850,707$1,616,782$2,419,593
43$3,104,348$1,887,398$1,616,950$2,548,722
44$3,365,298$1,924,187$1,615,424$2,688,623
45$3,651,110$1,961,023$1,612,092$2,840,368
46$3,964,265$1,997,855$1,606,839$3,005,138
47$4,307,495$2,034,625$1,599,543$3,184,238
48$4,683,809$2,071,272$1,590,078$3,379,107
49$5,096,521$2,107,727$1,578,309$3,591,332
50$5,549,281$2,143,921$1,564,097$3,822,661
51$6,046,110$2,179,775$1,547,296$4,075,026
52$6,591,435$2,215,206$1,527,753$4,350,556
53$7,190,135$2,250,125$1,505,306$4,651,599
54$7,847,583$2,284,436$1,479,789$4,980,743
55$8,569,699$2,318,035$1,451,024$5,340,847
56$9,363,003$2,350,813$1,418,828$5,735,059
57$10,234,678$2,382,652$1,383,007$6,166,854
58$11,192,639$2,413,426$1,343,362$6,640,063
59$12,245,604$2,442,999$1,299,680$7,158,911
60$13,403,177$2,471,228$1,251,741$7,728,058
61$14,675,942$2,497,958$1,199,314$8,352,642
62$16,075,555$2,523,026$1,142,159$9,038,328
63$17,614,864$2,546,256$1,080,024$9,791,366
64$19,308,020$2,567,462$1,012,644$10,618,646
65$21,170,615$2,586,445$939,744$11,527,765
66$23,219,830$2,602,993$861,038$12,527,099
67$25,474,594$2,616,881$776,224$13,625,887
68$27,955,764$2,627,870$684,989$14,834,314
69$30,686,320$2,635,703$587,004$16,163,609
70$33,691,583$2,640,112$481,928$17,626,154
71$36,999,454$2,640,807$369,402$19,235,602
72$40,640,674$2,637,482$249,053$21,007,002
73$44,649,119$2,629,815$120,492$22,956,950
74$49,062,112$2,617,458$0$25,103,741
75$53,920,782$2,600,049$0$27,472,357
76$59,270,448$2,577,197$0$30,117,579
77$65,161,047$2,548,493$0$33,029,300
78$71,647,605$2,513,500$0$36,234,679
79$78,790,756$2,471,757$0$39,763,648
80$86,657,314$2,422,774$0$43,649,194
81$95,320,902$2,366,033$0$47,927,674
82$104,862,650$2,300,984$0$52,639,158
83$115,371,955$2,227,047$0$57,827,806
84$126,947,329$2,143,606$0$63,542,288
85$139,697,324$2,050,012$0$69,836,244
86$153,741,563$1,945,574$0$76,768,790
87$169,211,860$1,829,564$0$84,405,079
88$186,253,470$1,701,213$0$92,816,913
89$205,026,457$1,559,705$0$102,083,429
90$225,707,205$1,404,181$0$112,291,841
91$248,490,084$1,233,729$0$123,538,269
92$273,589,279$1,047,389$0$135,928,642
93$301,240,818$844,144$0$149,579,708
94$331,704,796$622,921$0$164,620,130
95$365,267,827$382,586$0$181,191,706
96$402,245,756$121,944$0$199,450,710
97$442,986,633$0$0$219,569,367
98$487,874,002$0$0$241,786,864
99$537,330,518$0$0$266,307,630
100$591,821,939$0$0$293,325,057