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%12.7%
1 years$127,172$126,039$124,934$123,855$122,802$121,418
2 years$62,956$61,784$60,647$59,546$58,477$57,084
3 years$41,554$40,376$39,243$38,152$37,100$35,741
4 years$30,855$29,681$28,559$27,486$26,460$25,146
5 years$24,437$23,270$22,163$21,112$20,115$18,849
6 years$20,160$19,002$17,911$16,883$15,916$14,700
7 years$17,106$15,958$14,884$13,881$12,944$11,778
8 years$14,817$13,679$12,623$11,644$10,738$9,623
9 years$13,037$11,910$10,872$9,918$9,043$7,977
10 years$11,614$10,498$9,478$8,550$7,705$6,688
11 years$10,451$9,346$8,345$7,441$6,627$5,658
12 years$9,482$8,388$7,406$6,527$5,743$4,821
13 years$8,663$7,580$6,617$5,762$5,008$4,132
14 years$7,961$6,890$5,945$5,115$4,390$3,559
15 years$7,354$6,295$5,368$4,562$3,865$3,078
16 years$6,823$5,775$4,866$4,084$3,416$2,671
17 years$6,355$5,319$4,428$3,670$3,029$2,325
18 years$5,939$4,915$4,042$3,307$2,693$2,028
19 years$5,568$4,555$3,701$2,988$2,400$1,773
20 years$5,234$4,233$3,396$2,707$2,144$1,553
21 years$4,932$3,943$3,124$2,456$1,919$1,363
22 years$4,658$3,680$2,879$2,233$1,720$1,197
23 years$4,409$3,442$2,658$2,034$1,544$1,053
24 years$4,180$3,225$2,459$1,855$1,388$927
25 years$3,970$3,026$2,277$1,694$1,249$817
26 years$3,777$2,844$2,112$1,549$1,125$721
27 years$3,598$2,677$1,961$1,418$1,014$636
28 years$3,432$2,522$1,823$1,299$915$562
29 years$3,278$2,380$1,697$1,191$826$497
30 years$3,135$2,247$1,580$1,093$747$439
31 years$3,001$2,124$1,473$1,004$675$388
32 years$2,875$2,010$1,375$923$611$344
33 years$2,758$1,904$1,283$849$553$304
34 years$2,648$1,804$1,199$781$500$269
35 years$2,544$1,711$1,121$719$453$238
36 years$2,446$1,624$1,049$662$411$211
37 years$2,354$1,543$982$610$372$187
38 years$2,266$1,466$919$562$337$166
39 years$2,184$1,394$861$518$306$147
40 years$2,105$1,326$807$478$277$130
41 years$2,031$1,263$757$441$252$115
42 years$1,961$1,202$710$407$228$102
43 years$1,894$1,146$666$376$207$91
44 years$1,830$1,092$625$347$188$80
45 years$1,769$1,041$587$320$171$71
46 years$1,711$993$552$296$155$63
47 years$1,656$948$518$273$141$56
48 years$1,603$905$487$253$128$50
49 years$1,552$864$458$234$116$44
50 years$1,504$826$430$216$106$39

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 $3,675 every year, while hoping to spend $32,126 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$1,700,871$1,619,251$1,595,381$1,784,266
36$1,840,178$1,664,412$1,614,644$1,886,854
37$1,992,617$1,710,710$1,633,476$1,994,750
38$2,159,495$1,758,165$1,651,829$2,111,492
39$2,342,249$1,806,801$1,669,650$2,237,931
40$2,542,462$1,856,637$1,686,887$2,375,007
41$2,761,877$1,907,697$1,703,482$2,523,752
42$3,002,416$1,960,002$1,719,376$2,685,306
43$3,266,193$2,013,572$1,734,505$2,860,920
44$3,555,537$2,068,429$1,748,803$3,051,976
45$3,873,014$2,124,595$1,762,201$3,259,993
46$4,221,451$2,182,089$1,774,624$3,486,645
47$4,603,959$2,240,932$1,785,994$3,733,777
48$5,023,970$2,301,145$1,796,232$4,003,420
49$5,485,259$2,362,745$1,805,250$4,297,812
50$5,991,988$2,425,752$1,812,958$4,619,417
51$6,548,741$2,490,184$1,819,263$4,970,952
52$7,160,569$2,556,060$1,824,064$5,355,409
53$7,833,034$2,623,394$1,827,258$5,776,084
54$8,572,267$2,692,204$1,828,734$6,236,608
55$9,385,020$2,762,503$1,828,379$6,740,984
56$10,278,733$2,834,306$1,826,070$7,293,621
57$11,261,602$2,907,626$1,821,682$7,899,375
58$12,342,658$2,982,473$1,815,081$8,563,601
59$13,531,853$3,058,857$1,806,130$9,292,197
60$14,840,147$3,136,787$1,794,681$10,091,661
61$16,279,622$3,216,269$1,780,582$10,969,155
62$17,863,584$3,297,307$1,763,672$11,932,571
63$19,606,699$3,379,905$1,743,785$12,990,606
64$21,525,125$3,464,062$1,720,744$14,152,841
65$23,636,663$3,549,777$1,694,365$15,429,836
66$25,960,933$3,637,045$1,664,455$16,833,229
67$28,519,547$3,725,860$1,630,814$18,375,842
68$31,336,324$3,816,210$1,593,229$20,071,806
69$34,437,507$3,908,083$1,551,481$21,936,694
70$37,852,015$4,001,461$1,505,337$23,987,666
71$41,611,711$4,096,323$1,454,557$26,243,634
72$45,751,709$4,192,646$1,398,888$28,725,438
73$50,310,698$4,290,401$1,338,065$31,456,045
74$55,331,312$4,389,553$1,271,813$34,460,764
75$60,860,529$4,490,064$1,199,842$37,767,486
76$66,950,117$4,591,892$1,121,851$41,406,948
77$73,657,121$4,694,986$1,037,525$45,413,024
78$81,044,399$4,799,292$946,534$49,823,042
79$89,181,218$4,904,748$848,533$54,678,141
80$98,143,907$5,011,285$743,163$60,023,653
81$108,016,575$5,118,828$630,049$65,909,541
82$118,891,909$5,227,293$508,799$72,390,862
83$130,872,042$5,336,589$379,002$79,528,291
84$144,069,523$5,446,615$240,231$87,388,696
85$158,608,376$5,557,261$92,041$96,045,765
86$174,625,270$5,668,407$0$105,580,705
87$192,270,812$5,779,922$0$116,095,708
88$211,710,962$5,891,666$0$127,696,391
89$233,128,606$6,003,483$0$140,473,845
90$256,725,278$6,115,208$0$154,547,949
91$282,723,063$6,226,661$0$170,050,808
92$311,366,695$6,337,646$0$187,128,000
93$342,925,862$6,447,955$0$205,939,949
94$377,697,757$6,557,362$0$226,663,442
95$416,009,879$6,665,623$0$249,493,295
96$458,223,127$6,772,479$0$274,644,193
97$504,735,203$6,877,648$0$302,352,720
98$555,984,370$6,980,829$0$332,879,587
99$612,453,588$7,081,701$0$366,512,098
100$674,675,067$7,179,919$0$403,566,860