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%18.1%
1 years$127,172$126,039$124,934$123,855$122,802$118,776
2 years$62,956$61,784$60,647$59,546$58,477$54,459
3 years$41,554$40,376$39,243$38,152$37,100$33,217
4 years$30,855$29,681$28,559$27,486$26,460$22,741
5 years$24,437$23,270$22,163$21,112$20,115$16,570
6 years$20,160$19,002$17,911$16,883$15,916$12,548
7 years$17,106$15,958$14,884$13,881$12,944$9,752
8 years$14,817$13,679$12,623$11,644$10,738$7,721
9 years$13,037$11,910$10,872$9,918$9,043$6,197
10 years$11,614$10,498$9,478$8,550$7,705$5,025
11 years$10,451$9,346$8,345$7,441$6,627$4,108
12 years$9,482$8,388$7,406$6,527$5,743$3,379
13 years$8,663$7,580$6,617$5,762$5,008$2,794
14 years$7,961$6,890$5,945$5,115$4,390$2,320
15 years$7,354$6,295$5,368$4,562$3,865$1,932
16 years$6,823$5,775$4,866$4,084$3,416$1,614
17 years$6,355$5,319$4,428$3,670$3,029$1,351
18 years$5,939$4,915$4,042$3,307$2,693$1,133
19 years$5,568$4,555$3,701$2,988$2,400$952
20 years$5,234$4,233$3,396$2,707$2,144$800
21 years$4,932$3,943$3,124$2,456$1,919$674
22 years$4,658$3,680$2,879$2,233$1,720$568
23 years$4,409$3,442$2,658$2,034$1,544$479
24 years$4,180$3,225$2,459$1,855$1,388$404
25 years$3,970$3,026$2,277$1,694$1,249$341
26 years$3,777$2,844$2,112$1,549$1,125$288
27 years$3,598$2,677$1,961$1,418$1,014$244
28 years$3,432$2,522$1,823$1,299$915$206
29 years$3,278$2,380$1,697$1,191$826$174
30 years$3,135$2,247$1,580$1,093$747$147
31 years$3,001$2,124$1,473$1,004$675$124
32 years$2,875$2,010$1,375$923$611$105
33 years$2,758$1,904$1,283$849$553$89
34 years$2,648$1,804$1,199$781$500$75
35 years$2,544$1,711$1,121$719$453$64
36 years$2,446$1,624$1,049$662$411$54
37 years$2,354$1,543$982$610$372$46
38 years$2,266$1,466$919$562$337$39
39 years$2,184$1,394$861$518$306$33
40 years$2,105$1,326$807$478$277$28
41 years$2,031$1,263$757$441$252$23
42 years$1,961$1,202$710$407$228$20
43 years$1,894$1,146$666$376$207$17
44 years$1,830$1,092$625$347$188$14
45 years$1,769$1,041$587$320$171$12
46 years$1,711$993$552$296$155$10
47 years$1,656$948$518$273$141$9
48 years$1,603$905$487$253$128$7
49 years$1,552$864$458$234$116$6
50 years$1,504$826$430$216$106$5

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 $5,704 every year, while hoping to spend $52,808 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: 54/28/18 Blend
34$1,540,000$1,540,000$1,540,000$1,540,000
35$1,702,964$1,621,344$1,597,474$1,786,358
36$1,820,479$1,644,602$1,594,802$1,867,268
37$1,948,210$1,667,231$1,590,270$1,949,215
38$2,087,145$1,689,142$1,583,762$2,037,254
39$2,238,368$1,710,244$1,575,152$2,131,981
40$2,403,073$1,730,437$1,564,311$2,234,053
41$2,582,574$1,749,617$1,551,103$2,344,197
42$2,778,317$1,767,669$1,535,386$2,463,213
43$2,991,895$1,784,474$1,517,011$2,591,986
44$3,225,058$1,799,903$1,495,821$2,731,491
45$3,479,736$1,813,820$1,471,652$2,882,806
46$3,758,051$1,826,080$1,444,335$3,047,120
47$4,062,341$1,836,526$1,413,689$3,225,745
48$4,395,179$1,844,995$1,379,526$3,420,129
49$4,759,399$1,851,311$1,341,652$3,631,870
50$5,158,120$1,855,287$1,299,859$3,862,732
51$5,594,778$1,856,727$1,253,935$4,114,663
52$6,073,157$1,855,418$1,203,653$4,389,809
53$6,597,424$1,851,138$1,148,781$4,690,543
54$7,172,167$1,843,650$1,089,071$5,019,478
55$7,802,442$1,832,702$1,024,268$5,379,502
56$8,493,813$1,818,027$954,103$5,773,799
57$9,252,413$1,799,342$878,297$6,205,883
58$10,084,996$1,776,346$796,557$6,679,630
59$10,999,001$1,748,722$708,576$7,199,317
60$12,002,622$1,716,133$614,037$7,769,663
61$13,104,887$1,678,221$512,605$8,395,873
62$14,315,740$1,634,608$403,931$9,083,688
63$15,646,136$1,584,894$287,653$9,839,443
64$17,108,143$1,528,655$163,391$10,670,125
65$18,715,057$1,465,443$30,748$11,583,441
66$20,481,525$1,394,782$0$12,587,891
67$22,423,686$1,316,171$0$13,714,131
68$24,559,318$1,229,080$0$14,958,908
69$26,908,009$1,132,946$0$16,327,800
70$29,491,342$1,027,176$0$17,833,475
71$32,333,094$911,142$0$19,489,898
72$35,459,464$784,183$0$21,312,466
73$38,899,319$645,597$0$23,318,148
74$42,684,463$494,645$0$25,525,653
75$46,849,940$330,544$0$27,955,606
76$51,434,363$152,470$0$30,630,741
77$56,480,277$0$0$33,576,119
78$62,034,563$0$0$36,831,830
79$68,148,875$0$0$40,467,698
80$74,880,130$0$0$44,470,614
81$82,291,046$0$0$48,877,896
82$90,450,728$0$0$53,730,667
83$99,435,328$0$0$59,074,237
84$109,328,753$0$0$64,958,538
85$120,223,465$0$0$71,438,588
86$132,221,347$0$0$78,575,012
87$145,434,669$0$0$86,434,616
88$159,987,142$0$0$95,091,017
89$176,015,089$0$0$104,625,332
90$193,668,728$0$0$115,126,951
91$213,113,591$0$0$126,694,375
92$234,532,086$0$0$139,436,147
93$258,125,216$0$0$153,471,877
94$284,114,477$0$0$168,933,368
95$312,743,949$0$0$185,965,864
96$344,282,594$0$0$204,729,414
97$379,026,803$0$0$225,400,390
98$417,303,184$0$0$248,173,146
99$459,471,648$0$0$273,261,854
100$505,928,807$0$0$300,902,523