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%20%
1 years$125,520$124,402$123,311$122,247$121,207$116,352
2 years$62,139$60,981$59,860$58,772$57,718$52,887
3 years$41,014$39,852$38,733$37,656$36,618$31,965
4 years$30,454$29,295$28,188$27,129$26,117$21,675
5 years$24,120$22,968$21,875$20,838$19,853$15,635
6 years$19,898$18,755$17,678$16,664$15,709$11,717
7 years$16,884$15,751$14,691$13,700$12,776$9,008
8 years$14,624$13,501$12,459$11,493$10,599$7,052
9 years$12,868$11,755$10,731$9,789$8,926$5,594
10 years$11,463$10,362$9,355$8,439$7,605$4,482
11 years$10,315$9,224$8,236$7,344$6,541$3,619
12 years$9,359$8,279$7,310$6,442$5,668$2,940
13 years$8,550$7,482$6,531$5,687$4,943$2,399
14 years$7,858$6,801$5,868$5,048$4,333$1,966
15 years$7,258$6,213$5,298$4,502$3,815$1,615
16 years$6,734$5,700$4,803$4,031$3,372$1,331
17 years$6,272$5,250$4,371$3,622$2,989$1,098
18 years$5,862$4,851$3,990$3,264$2,658$908
19 years$5,495$4,496$3,653$2,950$2,369$752
20 years$5,166$4,178$3,352$2,671$2,116$623
21 years$4,868$3,891$3,083$2,424$1,894$517
22 years$4,598$3,632$2,842$2,204$1,698$429
23 years$4,352$3,397$2,624$2,008$1,524$357
24 years$4,126$3,183$2,427$1,831$1,370$296
25 years$3,919$2,987$2,248$1,672$1,232$247
26 years$3,728$2,807$2,084$1,529$1,110$205
27 years$3,551$2,642$1,936$1,399$1,001$171
28 years$3,388$2,490$1,799$1,282$903$142
29 years$3,236$2,349$1,675$1,176$815$118
30 years$3,094$2,218$1,560$1,079$737$98
31 years$2,962$2,097$1,454$991$666$82
32 years$2,838$1,984$1,357$911$603$68
33 years$2,722$1,879$1,267$838$545$57
34 years$2,613$1,781$1,184$771$494$47
35 years$2,511$1,689$1,107$709$447$39
36 years$2,414$1,603$1,035$653$405$33
37 years$2,323$1,523$969$602$367$27
38 years$2,237$1,447$907$555$333$23
39 years$2,155$1,376$850$512$302$19
40 years$2,078$1,309$797$472$274$16
41 years$2,005$1,246$747$435$248$13
42 years$1,935$1,187$701$402$225$11
43 years$1,869$1,131$658$371$205$9
44 years$1,806$1,078$617$342$186$8
45 years$1,746$1,028$580$316$169$6
46 years$1,689$981$544$292$153$5
47 years$1,634$936$511$270$139$4
48 years$1,582$893$481$249$126$4
49 years$1,532$853$452$231$115$3
50 years$1,484$815$425$213$104$3

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 $5,012 every year, while hoping to spend $31,098 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: 75/20/5 Blend
34$1,520,000$1,520,000$1,520,000$1,520,000
35$1,680,210$1,599,650$1,576,090$1,805,290
36$1,818,503$1,644,945$1,595,801$1,933,476
37$1,969,860$1,691,417$1,615,130$2,069,413
38$2,135,581$1,739,091$1,634,031$2,217,454
39$2,317,095$1,787,992$1,652,457$2,378,786
40$2,515,981$1,838,145$1,670,356$2,554,712
41$2,733,973$1,889,576$1,687,675$2,746,671
42$2,972,983$1,942,310$1,704,357$2,956,246
43$3,235,116$1,996,372$1,720,342$3,185,178
44$3,522,692$2,051,789$1,735,567$3,435,386
45$3,838,265$2,108,585$1,749,967$3,708,985
46$4,184,649$2,166,786$1,763,472$4,008,301
47$4,564,942$2,226,418$1,776,008$4,335,897
48$4,982,560$2,287,506$1,787,497$4,694,597
49$5,441,262$2,350,075$1,797,859$5,087,510
50$5,945,192$2,414,150$1,807,009$5,518,061
51$6,498,914$2,479,755$1,814,856$5,990,023
52$7,107,456$2,546,916$1,821,306$6,507,552
53$7,776,357$2,615,655$1,826,261$7,075,227
54$8,511,720$2,685,997$1,829,615$7,698,092
55$9,320,269$2,757,965$1,831,261$8,381,701
56$10,209,411$2,831,579$1,831,082$9,132,177
57$11,187,307$2,906,863$1,828,960$9,956,264
58$12,262,950$2,983,837$1,824,767$10,861,391
59$13,446,246$3,062,520$1,818,372$11,855,744
60$14,748,111$3,142,931$1,809,636$12,948,342
61$16,180,573$3,225,089$1,798,413$14,149,121
62$17,756,882$3,309,010$1,784,551$15,469,030
63$19,491,641$3,394,708$1,767,890$16,920,132
64$21,400,937$3,482,197$1,748,263$18,515,717
65$23,502,497$3,571,489$1,725,494$20,270,433
66$25,815,854$3,662,595$1,699,401$22,200,413
67$28,362,531$3,755,522$1,669,791$24,323,441
68$31,166,244$3,850,277$1,636,463$26,659,106
69$34,253,123$3,946,862$1,599,206$29,228,997
70$37,651,963$4,045,280$1,557,801$32,056,902
71$41,394,493$4,145,529$1,512,018$35,169,032
72$45,515,675$4,247,603$1,461,614$38,594,272
73$50,054,034$4,351,496$1,406,338$42,364,446
74$55,052,022$4,457,196$1,345,928$46,514,626
75$60,556,418$4,564,689$1,280,106$51,083,458
76$66,618,769$4,673,955$1,208,586$56,113,527
77$73,295,876$4,784,971$1,131,066$61,651,758
78$80,650,331$4,897,710$1,047,232$67,749,863
79$88,751,106$5,012,139$956,755$74,464,822
80$97,674,205$5,128,220$859,293$81,859,428
81$107,503,380$5,245,909$754,485$90,002,876
82$118,330,922$5,365,156$641,958$98,971,413
83$130,258,534$5,485,906$521,321$108,849,065
84$143,398,284$5,608,095$392,165$119,728,424
85$157,873,670$5,731,653$254,064$131,711,523
86$173,820,781$5,856,501$106,572$144,910,801
87$191,389,584$5,982,553$0$159,450,164
88$210,745,336$6,109,712$0$175,468,863
89$232,070,146$6,237,873$0$193,120,896
90$255,564,693$6,366,922$0$212,566,410
91$281,450,121$6,496,730$0$233,988,151
92$309,970,124$6,627,161$0$257,587,507
93$341,393,248$6,758,063$0$283,586,397
94$376,015,426$6,889,274$0$312,229,377
95$414,162,767$7,020,617$0$343,785,939
96$456,194,641$7,151,899$0$378,553,062
97$502,507,066$7,282,913$0$416,858,010
98$553,536,445$7,413,435$0$459,061,427
99$609,763,692$7,543,222$0$505,560,735
100$671,718,764$7,672,015$0$556,793,889