Can I retire at age 35 with 1,540,000?

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 $1,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$127,172$126,039$124,934$123,855$122,802$121,977
2 years$62,956$61,784$60,647$59,546$58,477$57,645
3 years$41,554$40,376$39,243$38,152$37,100$36,287
4 years$30,855$29,681$28,559$27,486$26,460$25,672
5 years$24,437$23,270$22,163$21,112$20,115$19,354
6 years$20,160$19,002$17,911$16,883$15,916$15,183
7 years$17,106$15,958$14,884$13,881$12,944$12,240
8 years$14,817$13,679$12,623$11,644$10,738$10,063
9 years$13,037$11,910$10,872$9,918$9,043$8,396
10 years$11,614$10,498$9,478$8,550$7,705$7,086
11 years$10,451$9,346$8,345$7,441$6,627$6,036
12 years$9,482$8,388$7,406$6,527$5,743$5,179
13 years$8,663$7,580$6,617$5,762$5,008$4,470
14 years$7,961$6,890$5,945$5,115$4,390$3,878
15 years$7,354$6,295$5,368$4,562$3,865$3,379
16 years$6,823$5,775$4,866$4,084$3,416$2,954
17 years$6,355$5,319$4,428$3,670$3,029$2,591
18 years$5,939$4,915$4,042$3,307$2,693$2,278
19 years$5,568$4,555$3,701$2,988$2,400$2,008
20 years$5,234$4,233$3,396$2,707$2,144$1,773
21 years$4,932$3,943$3,124$2,456$1,919$1,568
22 years$4,658$3,680$2,879$2,233$1,720$1,389
23 years$4,409$3,442$2,658$2,034$1,544$1,232
24 years$4,180$3,225$2,459$1,855$1,388$1,094
25 years$3,970$3,026$2,277$1,694$1,249$973
26 years$3,777$2,844$2,112$1,549$1,125$865
27 years$3,598$2,677$1,961$1,418$1,014$771
28 years$3,432$2,522$1,823$1,299$915$687
29 years$3,278$2,380$1,697$1,191$826$612
30 years$3,135$2,247$1,580$1,093$747$546
31 years$3,001$2,124$1,473$1,004$675$487
32 years$2,875$2,010$1,375$923$611$435
33 years$2,758$1,904$1,283$849$553$389
34 years$2,648$1,804$1,199$781$500$347
35 years$2,544$1,711$1,121$719$453$310
36 years$2,446$1,624$1,049$662$411$277
37 years$2,354$1,543$982$610$372$248
38 years$2,266$1,466$919$562$337$222
39 years$2,184$1,394$861$518$306$199
40 years$2,105$1,326$807$478$277$178
41 years$2,031$1,263$757$441$252$159
42 years$1,961$1,202$710$407$228$142
43 years$1,894$1,146$666$376$207$127
44 years$1,830$1,092$625$347$188$114
45 years$1,769$1,041$587$320$171$102
46 years$1,711$993$552$296$155$91
47 years$1,656$948$518$273$141$82
48 years$1,603$905$487$253$128$73
49 years$1,552$864$458$234$116$66
50 years$1,504$826$430$216$106$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,540,000, adding $3,427 every year, while hoping to spend $51,650 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: 54/29/17 Blend
34$1,540,000$1,540,000$1,540,000$1,540,000
35$1,700,615$1,618,995$1,595,125$1,784,507
36$1,819,122$1,643,371$1,593,606$1,866,563
37$1,947,987$1,667,209$1,590,306$1,950,049
38$2,088,209$1,690,431$1,585,109$2,039,778
39$2,240,893$1,712,948$1,577,897$2,136,358
40$2,407,250$1,734,669$1,568,543$2,240,460
41$2,588,617$1,755,494$1,556,915$2,352,827
42$2,786,461$1,775,319$1,542,877$2,474,276
43$3,002,400$1,794,029$1,526,284$2,605,710
44$3,238,214$1,811,506$1,506,983$2,748,125
45$3,495,862$1,827,620$1,484,818$2,902,621
46$3,777,502$1,842,236$1,459,621$3,070,410
47$4,085,509$1,855,207$1,431,220$3,252,832
48$4,422,498$1,866,379$1,399,433$3,451,363
49$4,791,347$1,875,587$1,364,069$3,667,635
50$5,195,229$1,882,655$1,324,930$3,903,444
51$5,637,635$1,887,397$1,281,807$4,160,778
52$6,122,409$1,889,615$1,234,483$4,441,824
53$6,653,787$1,889,098$1,182,731$4,749,000
54$7,236,433$1,885,624$1,126,312$5,084,971
55$7,875,483$1,878,953$1,064,977$5,452,678
56$8,576,596$1,868,835$998,467$5,855,367
57$9,346,003$1,855,003$926,511$6,296,617
58$10,190,570$1,837,173$848,823$6,780,377
59$11,117,858$1,815,044$765,108$7,311,004
60$12,136,196$1,788,297$675,056$7,893,304
61$13,254,761$1,756,597$578,343$8,532,577
62$14,483,660$1,719,584$474,632$9,234,671
63$15,834,030$1,676,880$363,569$10,006,036
64$17,318,139$1,628,085$244,786$10,853,786
65$18,949,501$1,572,773$117,898$11,785,766
66$20,743,007$1,510,496$0$12,810,631
67$22,715,061$1,440,778$0$13,941,102
68$24,883,737$1,363,116$0$15,207,557
69$27,268,948$1,276,978$0$16,600,274
70$29,892,633$1,181,802$0$18,132,138
71$32,778,965$1,076,994$0$19,817,352
72$35,954,578$961,925$0$21,671,574
73$39,448,815$835,930$0$23,712,063
74$43,294,012$698,307$0$25,957,848
75$47,525,793$548,316$0$28,429,901
76$52,183,413$385,173$0$31,151,343
77$57,310,125$208,051$0$34,147,662
78$62,953,588$16,075$0$37,446,951
79$69,166,316$0$0$41,080,180
80$76,006,173$0$0$45,142,652
81$83,536,919$0$0$49,621,305
82$91,828,812$0$0$54,552,815
83$100,959,269$0$0$59,983,248
84$111,013,596$0$0$65,963,365
85$122,085,794$0$0$72,549,103
86$134,279,443$0$0$79,802,095
87$147,708,683$0$0$87,790,263
88$162,499,286$0$0$96,588,446
89$178,789,847$0$0$106,279,117
90$196,733,088$0$0$116,953,153
91$216,497,299$0$0$128,710,699
92$238,267,929$0$0$141,662,106
93$262,249,333$0$0$155,928,979
94$288,666,699$0$0$171,645,319
95$317,768,176$0$0$188,958,791
96$349,827,215$0$0$208,032,114
97$385,145,145$0$0$229,044,602
98$424,054,025$0$0$252,193,850
99$466,919,769$0$0$277,697,602
100$514,145,604$0$0$305,795,806