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

Use the below retirement simulation to view the chances of a successful retirement.
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%15.8%
1 years$127,172$126,039$124,934$123,855$122,802$119,882
2 years$62,956$61,784$60,647$59,546$58,477$55,552
3 years$41,554$40,376$39,243$38,152$37,100$34,262
4 years$30,855$29,681$28,559$27,486$26,460$23,731
5 years$24,437$23,270$22,163$21,112$20,115$17,501
6 years$20,160$19,002$17,911$16,883$15,916$13,421
7 years$17,106$15,958$14,884$13,881$12,944$10,568
8 years$14,817$13,679$12,623$11,644$10,738$8,481
9 years$13,037$11,910$10,872$9,918$9,043$6,902
10 years$11,614$10,498$9,478$8,550$7,705$5,678
11 years$10,451$9,346$8,345$7,441$6,627$4,711
12 years$9,482$8,388$7,406$6,527$5,743$3,934
13 years$8,663$7,580$6,617$5,762$5,008$3,304
14 years$7,961$6,890$5,945$5,115$4,390$2,787
15 years$7,354$6,295$5,368$4,562$3,865$2,359
16 years$6,823$5,775$4,866$4,084$3,416$2,003
17 years$6,355$5,319$4,428$3,670$3,029$1,705
18 years$5,939$4,915$4,042$3,307$2,693$1,455
19 years$5,568$4,555$3,701$2,988$2,400$1,243
20 years$5,234$4,233$3,396$2,707$2,144$1,064
21 years$4,932$3,943$3,124$2,456$1,919$912
22 years$4,658$3,680$2,879$2,233$1,720$782
23 years$4,409$3,442$2,658$2,034$1,544$672
24 years$4,180$3,225$2,459$1,855$1,388$577
25 years$3,970$3,026$2,277$1,694$1,249$497
26 years$3,777$2,844$2,112$1,549$1,125$427
27 years$3,598$2,677$1,961$1,418$1,014$368
28 years$3,432$2,522$1,823$1,299$915$317
29 years$3,278$2,380$1,697$1,191$826$273
30 years$3,135$2,247$1,580$1,093$747$235
31 years$3,001$2,124$1,473$1,004$675$203
32 years$2,875$2,010$1,375$923$611$175
33 years$2,758$1,904$1,283$849$553$151
34 years$2,648$1,804$1,199$781$500$130
35 years$2,544$1,711$1,121$719$453$112
36 years$2,446$1,624$1,049$662$411$97
37 years$2,354$1,543$982$610$372$84
38 years$2,266$1,466$919$562$337$72
39 years$2,184$1,394$861$518$306$62
40 years$2,105$1,326$807$478$277$54
41 years$2,031$1,263$757$441$252$46
42 years$1,961$1,202$710$407$228$40
43 years$1,894$1,146$666$376$207$35
44 years$1,830$1,092$625$347$188$30
45 years$1,769$1,041$587$320$171$26
46 years$1,711$993$552$296$155$22
47 years$1,656$948$518$273$141$19
48 years$1,603$905$487$253$128$17
49 years$1,552$864$458$234$116$14
50 years$1,504$826$430$216$106$12

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 $2,170 every year, while hoping to spend $36,138 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: 46/36/18 Blend
34$1,540,000$1,540,000$1,540,000$1,540,000
35$1,699,318$1,617,698$1,593,828$1,768,668
36$1,834,198$1,658,515$1,608,771$1,858,107
37$1,981,625$1,700,121$1,623,003$1,951,286
38$2,142,839$1,742,515$1,636,463$2,051,611
39$2,319,209$1,785,699$1,649,084$2,159,763
40$2,512,239$1,829,669$1,660,800$2,276,492
41$2,723,588$1,874,422$1,671,536$2,402,623
42$2,955,079$1,919,955$1,681,218$2,539,067
43$3,208,724$1,966,259$1,689,765$2,686,823
44$3,486,735$2,013,327$1,697,094$2,846,998
45$3,791,551$2,061,150$1,703,116$3,020,804
46$4,125,858$2,109,714$1,707,739$3,209,584
47$4,492,612$2,159,007$1,710,864$3,414,812
48$4,895,071$2,209,011$1,712,391$3,638,114
49$5,336,824$2,259,708$1,712,212$3,881,284
50$5,821,823$2,311,077$1,710,214$4,146,295
51$6,354,422$2,363,093$1,706,280$4,435,323
52$6,939,418$2,415,729$1,700,285$4,750,768
53$7,582,094$2,468,955$1,692,099$5,095,271
54$8,288,271$2,522,737$1,681,588$5,471,746
55$9,064,361$2,577,037$1,668,608$5,883,402
56$9,917,429$2,631,815$1,653,009$6,333,778
57$10,855,257$2,687,025$1,634,636$6,826,773
58$11,886,421$2,742,617$1,613,324$7,366,683
59$13,020,368$2,798,537$1,588,902$7,958,247
60$14,267,505$2,854,725$1,561,190$8,606,684
61$15,639,301$2,911,117$1,530,000$9,317,748
62$17,148,390$2,967,642$1,495,135$10,097,781
63$18,808,693$3,024,224$1,456,390$10,953,774
64$20,635,549$3,080,780$1,413,548$11,893,429
65$22,645,858$3,137,222$1,366,385$12,925,239
66$24,858,241$3,193,451$1,314,665$14,058,564
67$27,293,217$3,249,365$1,258,140$15,303,718
68$29,973,391$3,304,850$1,196,555$16,672,073
69$32,923,676$3,359,787$1,129,638$18,176,160
70$36,171,520$3,414,045$1,057,110$19,829,792
71$39,747,167$3,467,485$978,675$21,648,195
72$43,683,944$3,519,958$894,026$23,648,147
73$48,018,573$3,571,302$802,843$25,848,145
74$52,791,518$3,621,347$704,789$28,268,574
75$58,047,367$3,669,908$599,514$30,931,901
76$63,835,254$3,716,789$486,653$33,862,892
77$70,209,317$3,761,778$365,823$37,088,839
78$77,229,215$3,804,653$236,626$40,639,828
79$84,960,687$3,845,173$98,645$44,549,013
80$93,476,173$3,883,082$0$48,852,940
81$102,855,497$3,918,108$0$53,601,221
82$113,186,622$3,949,960$0$58,849,740
83$124,566,478$3,978,328$0$64,628,547
84$137,101,876$4,002,884$0$70,991,663
85$150,910,518$4,023,275$0$77,998,621
86$166,122,105$4,039,130$0$85,715,027
87$182,879,563$4,050,051$0$94,213,182
88$201,340,391$4,055,616$0$103,572,767
89$221,678,149$4,055,379$0$113,881,592
90$244,084,090$4,048,862$0$125,236,427
91$268,768,972$4,035,561$0$137,743,919
92$295,965,044$4,014,941$0$151,521,594
93$325,928,237$3,986,431$0$166,698,976
94$358,940,580$3,949,429$0$183,418,800
95$395,312,864$3,903,296$0$201,838,372
96$435,387,571$3,847,353$0$222,131,045
97$479,542,112$3,780,882$0$244,487,863
98$528,192,383$3,703,121$0$269,119,366
99$581,796,698$3,613,265$0$296,257,575
100$640,860,105$3,510,460$0$326,158,188