Can I retire at age 35 with 1,550,000?

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 $1,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$127,998$126,857$125,745$124,659$123,599$118,836
2 years$63,365$62,185$61,041$59,932$58,857$54,115
3 years$41,824$40,639$39,498$38,399$37,341$32,770
4 years$31,055$29,874$28,744$27,664$26,632$22,266
5 years$24,596$23,421$22,307$21,249$20,245$16,095
6 years$20,291$19,125$18,027$16,993$16,019$12,089
7 years$17,217$16,061$14,981$13,971$13,028$9,315
8 years$14,913$13,768$12,705$11,720$10,808$7,310
9 years$13,122$11,987$10,943$9,983$9,102$5,813
10 years$11,690$10,566$9,540$8,605$7,755$4,669
11 years$10,519$9,406$8,399$7,489$6,670$3,780
12 years$9,543$8,443$7,454$6,569$5,780$3,079
13 years$8,719$7,630$6,659$5,799$5,040$2,519
14 years$8,013$6,935$5,984$5,148$4,418$2,070
15 years$7,402$6,335$5,402$4,591$3,890$1,706
16 years$6,867$5,813$4,898$4,111$3,438$1,409
17 years$6,396$5,353$4,457$3,694$3,048$1,167
18 years$5,978$4,947$4,069$3,329$2,711$968
19 years$5,604$4,584$3,725$3,008$2,416$804
20 years$5,268$4,260$3,418$2,724$2,158$668
21 years$4,964$3,968$3,144$2,472$1,931$556
22 years$4,689$3,704$2,898$2,248$1,731$463
23 years$4,437$3,464$2,676$2,047$1,554$386
24 years$4,207$3,246$2,475$1,867$1,397$322
25 years$3,996$3,046$2,292$1,705$1,257$268
26 years$3,801$2,863$2,126$1,559$1,132$224
27 years$3,621$2,694$1,974$1,427$1,021$187
28 years$3,455$2,539$1,835$1,308$921$156
29 years$3,300$2,395$1,708$1,199$832$130
30 years$3,155$2,262$1,591$1,100$751$109
31 years$3,020$2,138$1,483$1,011$679$91
32 years$2,894$2,023$1,383$929$615$76
33 years$2,776$1,916$1,292$854$556$64
34 years$2,665$1,816$1,207$786$504$53
35 years$2,560$1,722$1,128$723$456$44
36 years$2,462$1,635$1,056$666$413$37
37 years$2,369$1,553$988$614$374$31
38 years$2,281$1,476$925$566$340$26
39 years$2,198$1,403$867$522$308$22
40 years$2,119$1,335$813$481$279$18
41 years$2,044$1,271$762$444$253$15
42 years$1,973$1,210$715$410$230$13
43 years$1,906$1,153$671$378$209$11
44 years$1,842$1,099$629$349$189$9
45 years$1,780$1,048$591$323$172$7
46 years$1,722$1,000$555$298$156$6
47 years$1,666$954$522$275$142$5
48 years$1,613$911$490$254$129$4
49 years$1,562$870$461$235$117$4
50 years$1,513$831$433$217$106$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,550,000, adding $5,714 every year, while hoping to spend $29,240 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: 84/10/6 Blend
34$1,550,000$1,550,000$1,550,000$1,550,000
35$1,713,994$1,631,844$1,607,819$1,856,946
36$1,857,710$1,680,693$1,630,570$1,999,942
37$2,015,106$1,730,956$1,653,103$2,152,400
38$2,187,544$1,782,671$1,675,380$2,318,923
39$2,376,529$1,835,877$1,697,360$2,500,904
40$2,583,715$1,890,615$1,719,001$2,699,875
41$2,810,924$1,946,925$1,740,258$2,917,526
42$3,060,164$2,004,850$1,761,083$3,155,716
43$3,333,646$2,064,434$1,781,425$3,416,494
44$3,633,806$2,125,719$1,801,230$3,702,116
45$3,963,326$2,188,751$1,820,443$4,015,066
46$4,325,162$2,253,576$1,839,004$4,358,081
47$4,722,568$2,320,241$1,856,851$4,734,175
48$5,159,132$2,388,794$1,873,917$5,146,671
49$5,638,803$2,459,285$1,890,133$5,599,224
50$6,165,934$2,531,763$1,905,426$6,095,866
51$6,745,319$2,606,280$1,919,718$6,641,035
52$7,382,242$2,682,887$1,932,928$7,239,621
53$8,082,520$2,761,638$1,944,971$7,897,011
54$8,852,567$2,842,588$1,955,757$8,619,143
55$9,699,446$2,925,792$1,965,192$9,412,553
56$10,630,940$3,011,306$1,973,176$10,284,447
57$11,655,624$3,099,189$1,979,606$11,242,763
58$12,782,946$3,189,497$1,984,371$12,296,246
59$14,023,316$3,282,292$1,987,357$13,454,530
60$15,388,204$3,377,634$1,988,443$14,728,233
61$16,890,247$3,475,585$1,987,503$16,129,053
62$18,543,371$3,576,207$1,984,403$17,669,877
63$20,362,919$3,679,565$1,979,004$19,364,906
64$22,365,796$3,785,724$1,971,160$21,229,789
65$24,570,632$3,894,748$1,960,718$23,281,767
66$26,997,952$4,006,706$1,947,518$25,539,837
67$29,670,373$4,121,665$1,931,390$28,024,933
68$32,612,819$4,239,694$1,912,159$30,760,122
69$35,852,749$4,360,863$1,889,640$33,770,820
70$39,420,426$4,485,241$1,863,639$37,085,035
71$43,349,193$4,612,901$1,833,954$40,733,627
72$47,675,792$4,743,915$1,800,373$44,750,603
73$52,440,711$4,878,355$1,762,674$49,173,435
74$57,688,565$5,016,296$1,720,624$54,043,417
75$63,468,515$5,157,811$1,673,982$59,406,048
76$69,834,735$5,302,975$1,622,492$65,311,470
77$76,846,921$5,451,864$1,565,888$71,814,932
78$84,570,855$5,604,553$1,503,893$78,977,320
79$93,079,025$5,761,119$1,436,217$86,865,724
80$102,451,309$5,921,637$1,362,554$95,554,075
81$112,775,730$6,086,186$1,282,587$105,123,843
82$124,149,286$6,254,840$1,195,985$115,664,804
83$136,678,863$6,427,677$1,102,400$127,275,888
84$150,482,247$6,604,773$1,001,471$140,066,113
85$165,689,233$6,786,204$892,817$154,155,612
86$182,442,853$6,972,046$776,044$169,676,771
87$200,900,721$7,162,373$650,739$186,775,474
88$221,236,526$7,357,261$516,470$205,612,481
89$243,641,667$7,556,782$372,787$226,364,946
90$268,327,061$7,761,008$219,219$249,228,092
91$295,525,134$7,970,011$55,276$274,417,047
92$325,492,016$8,183,859$0$302,168,881
93$358,509,954$8,402,620$0$332,752,502
94$394,889,980$8,626,360$0$366,452,411
95$434,974,848$8,855,142$0$403,582,352
96$479,142,264$9,089,025$0$444,491,967
97$527,808,456$9,328,069$0$489,566,556
98$581,432,101$9,572,326$0$539,230,712
99$640,518,654$9,821,848$0$593,952,332
100$705,625,120$10,076,682$0$654,247,029