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%16.9%
1 years$125,520$124,402$123,311$122,247$121,207$117,799
2 years$62,139$60,981$59,860$58,772$57,718$54,310
3 years$41,014$39,852$38,733$37,656$36,618$33,318
4 years$30,454$29,295$28,188$27,129$26,117$22,949
5 years$24,120$22,968$21,875$20,838$19,853$16,827
6 years$19,898$18,755$17,678$16,664$15,709$12,827
7 years$16,884$15,751$14,691$13,700$12,776$10,038
8 years$14,624$13,501$12,459$11,493$10,599$8,003
9 years$12,868$11,755$10,731$9,789$8,926$6,470
10 years$11,463$10,362$9,355$8,439$7,605$5,286
11 years$10,315$9,224$8,236$7,344$6,541$4,355
12 years$9,359$8,279$7,310$6,442$5,668$3,611
13 years$8,550$7,482$6,531$5,687$4,943$3,010
14 years$7,858$6,801$5,868$5,048$4,333$2,520
15 years$7,258$6,213$5,298$4,502$3,815$2,117
16 years$6,734$5,700$4,803$4,031$3,372$1,783
17 years$6,272$5,250$4,371$3,622$2,989$1,506
18 years$5,862$4,851$3,990$3,264$2,658$1,274
19 years$5,495$4,496$3,653$2,950$2,369$1,080
20 years$5,166$4,178$3,352$2,671$2,116$917
21 years$4,868$3,891$3,083$2,424$1,894$779
22 years$4,598$3,632$2,842$2,204$1,698$663
23 years$4,352$3,397$2,624$2,008$1,524$564
24 years$4,126$3,183$2,427$1,831$1,370$481
25 years$3,919$2,987$2,248$1,672$1,232$410
26 years$3,728$2,807$2,084$1,529$1,110$349
27 years$3,551$2,642$1,936$1,399$1,001$298
28 years$3,388$2,490$1,799$1,282$903$255
29 years$3,236$2,349$1,675$1,176$815$217
30 years$3,094$2,218$1,560$1,079$737$186
31 years$2,962$2,097$1,454$991$666$159
32 years$2,838$1,984$1,357$911$603$135
33 years$2,722$1,879$1,267$838$545$116
34 years$2,613$1,781$1,184$771$494$99
35 years$2,511$1,689$1,107$709$447$85
36 years$2,414$1,603$1,035$653$405$72
37 years$2,323$1,523$969$602$367$62
38 years$2,237$1,447$907$555$333$53
39 years$2,155$1,376$850$512$302$45
40 years$2,078$1,309$797$472$274$39
41 years$2,005$1,246$747$435$248$33
42 years$1,935$1,187$701$402$225$28
43 years$1,869$1,131$658$371$205$24
44 years$1,806$1,078$617$342$186$21
45 years$1,746$1,028$580$316$169$18
46 years$1,689$981$544$292$153$15
47 years$1,634$936$511$270$139$13
48 years$1,582$893$481$249$126$11
49 years$1,532$853$452$231$115$9
50 years$1,484$815$425$213$104$8

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 $6,289 every year, while hoping to spend $25,754 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: 54/21/25 Blend
34$1,520,000$1,520,000$1,520,000$1,520,000
35$1,681,527$1,600,967$1,577,407$1,760,404
36$1,825,641$1,652,012$1,602,848$1,866,481
37$1,983,591$1,704,696$1,628,278$1,978,714
38$2,156,762$1,759,070$1,653,670$2,100,368
39$2,346,677$1,815,191$1,678,994$2,232,357
40$2,555,017$1,873,114$1,704,219$2,375,683
41$2,783,630$1,932,898$1,729,312$2,531,452
42$3,034,554$1,994,604$1,754,237$2,700,879
43$3,310,033$2,058,293$1,778,958$2,885,305
44$3,612,537$2,124,031$1,803,435$3,086,204
45$3,944,791$2,191,883$1,827,625$3,305,201
46$4,309,794$2,261,920$1,851,485$3,544,084
47$4,710,850$2,334,211$1,874,966$3,804,823
48$5,151,600$2,408,830$1,898,021$4,089,588
49$5,636,054$2,485,854$1,920,595$4,400,770
50$6,168,630$2,565,359$1,942,634$4,740,999
51$6,754,197$2,647,428$1,964,078$5,113,176
52$7,398,117$2,732,144$1,984,867$5,520,494
53$8,106,299$2,819,593$2,004,934$5,966,473
54$8,885,253$2,909,865$2,024,211$6,454,988
55$9,742,152$3,003,052$2,042,625$6,990,308
56$10,684,899$3,099,248$2,060,101$7,577,139
57$11,722,201$3,198,554$2,076,556$8,220,663
58$12,863,652$3,301,070$2,091,907$8,926,589
59$14,119,823$3,406,901$2,106,065$9,701,209
60$15,502,363$3,516,156$2,118,936$10,551,454
61$17,024,104$3,628,948$2,130,421$11,484,960
62$18,699,189$3,745,393$2,140,416$12,510,142
63$20,543,199$3,865,610$2,148,813$13,636,270
64$22,573,304$3,989,724$2,155,497$14,873,560
65$24,808,423$4,117,862$2,160,348$16,233,267
66$27,269,402$4,250,157$2,163,239$17,727,794
67$29,979,212$4,386,746$2,164,039$19,370,805
68$32,963,166$4,527,771$2,162,608$21,177,359
69$36,249,154$4,673,377$2,158,800$23,164,048
70$39,867,910$4,823,715$2,152,463$25,349,155
71$43,853,302$4,978,942$2,143,436$27,752,828
72$48,242,649$5,139,220$2,131,551$30,397,266
73$53,077,072$5,304,715$2,116,631$33,306,931
74$58,401,888$5,475,601$2,098,493$36,508,780
75$64,267,030$5,652,054$2,076,941$40,032,518
76$70,727,523$5,834,261$2,051,775$43,910,878
77$77,844,001$6,022,411$2,022,780$48,179,928
78$85,683,282$6,216,702$1,989,737$52,879,417
79$94,318,995$6,417,338$1,952,410$58,053,145
80$103,832,274$6,624,529$1,910,558$63,749,377
81$114,312,530$6,838,495$1,863,925$70,021,303
82$125,858,286$7,059,459$1,812,245$76,927,532
83$138,578,115$7,287,657$1,755,239$84,532,653
84$152,591,658$7,523,327$1,692,615$92,907,841
85$168,030,758$7,766,721$1,624,068$102,131,529
86$185,040,700$8,018,095$1,549,280$112,290,149
87$203,781,587$8,277,718$1,467,916$123,478,946
88$224,429,847$8,545,864$1,379,629$135,802,881
89$247,179,899$8,822,819$1,284,055$149,377,617
90$272,245,990$9,108,878$1,180,812$164,330,617
91$299,864,215$9,404,347$1,069,503$180,802,339
92$330,294,747$9,709,542$949,713$198,947,571
93$363,824,291$10,024,790$821,009$218,936,886
94$400,768,793$10,350,428$682,936$240,958,253
95$441,476,417$10,686,807$535,022$265,218,814
96$486,330,840$11,034,288$376,773$291,946,840
97$535,754,864$11,393,247$207,674$321,393,882
98$590,214,414$11,764,070$27,185$353,837,148
99$650,222,934$12,147,160$0$389,582,122
100$716,346,233$12,542,930$0$429,009,575