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

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 $1,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$127,998$126,857$125,745$124,659$123,599$122,769
2 years$63,365$62,185$61,041$59,932$58,857$58,019
3 years$41,824$40,639$39,498$38,399$37,341$36,523
4 years$31,055$29,874$28,744$27,664$26,632$25,839
5 years$24,596$23,421$22,307$21,249$20,245$19,479
6 years$20,291$19,125$18,027$16,993$16,019$15,282
7 years$17,217$16,061$14,981$13,971$13,028$12,319
8 years$14,913$13,768$12,705$11,720$10,808$10,128
9 years$13,122$11,987$10,943$9,983$9,102$8,451
10 years$11,690$10,566$9,540$8,605$7,755$7,132
11 years$10,519$9,406$8,399$7,489$6,670$6,075
12 years$9,543$8,443$7,454$6,569$5,780$5,212
13 years$8,719$7,630$6,659$5,799$5,040$4,499
14 years$8,013$6,935$5,984$5,148$4,418$3,903
15 years$7,402$6,335$5,402$4,591$3,890$3,401
16 years$6,867$5,813$4,898$4,111$3,438$2,974
17 years$6,396$5,353$4,457$3,694$3,048$2,608
18 years$5,978$4,947$4,069$3,329$2,711$2,293
19 years$5,604$4,584$3,725$3,008$2,416$2,021
20 years$5,268$4,260$3,418$2,724$2,158$1,785
21 years$4,964$3,968$3,144$2,472$1,931$1,579
22 years$4,689$3,704$2,898$2,248$1,731$1,398
23 years$4,437$3,464$2,676$2,047$1,554$1,240
24 years$4,207$3,246$2,475$1,867$1,397$1,101
25 years$3,996$3,046$2,292$1,705$1,257$979
26 years$3,801$2,863$2,126$1,559$1,132$871
27 years$3,621$2,694$1,974$1,427$1,021$776
28 years$3,455$2,539$1,835$1,308$921$691
29 years$3,300$2,395$1,708$1,199$832$616
30 years$3,155$2,262$1,591$1,100$751$550
31 years$3,020$2,138$1,483$1,011$679$491
32 years$2,894$2,023$1,383$929$615$438
33 years$2,776$1,916$1,292$854$556$391
34 years$2,665$1,816$1,207$786$504$350
35 years$2,560$1,722$1,128$723$456$312
36 years$2,462$1,635$1,056$666$413$279
37 years$2,369$1,553$988$614$374$250
38 years$2,281$1,476$925$566$340$223
39 years$2,198$1,403$867$522$308$200
40 years$2,119$1,335$813$481$279$179
41 years$2,044$1,271$762$444$253$160
42 years$1,973$1,210$715$410$230$143
43 years$1,906$1,153$671$378$209$128
44 years$1,842$1,099$629$349$189$115
45 years$1,780$1,048$591$323$172$103
46 years$1,722$1,000$555$298$156$92
47 years$1,666$954$522$275$142$82
48 years$1,613$911$490$254$129$74
49 years$1,562$870$461$235$117$66
50 years$1,513$831$433$217$106$59

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 $5,732 every year, while hoping to spend $42,070 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: 43/50/7 Blend
34$1,550,000$1,550,000$1,550,000$1,550,000
35$1,714,013$1,631,863$1,607,838$1,784,015
36$1,844,080$1,667,062$1,616,938$1,868,352
37$1,986,004$1,702,576$1,624,933$1,954,909
38$2,140,949$1,738,375$1,631,742$2,047,704
39$2,310,199$1,774,429$1,637,278$2,147,321
40$2,495,165$1,810,701$1,641,453$2,254,406
41$2,697,402$1,847,155$1,644,171$2,369,667
42$2,918,620$1,883,749$1,645,334$2,493,887
43$3,160,703$1,920,437$1,644,837$2,627,928
44$3,425,728$1,957,171$1,642,572$2,772,740
45$3,715,978$1,993,898$1,638,423$2,929,368
46$4,033,969$2,030,561$1,632,272$3,098,968
47$4,382,473$2,067,097$1,623,992$3,282,810
48$4,764,540$2,103,440$1,613,451$3,482,297
49$5,183,533$2,139,519$1,600,512$3,698,972
50$5,643,153$2,175,255$1,585,029$3,934,540
51$6,147,478$2,210,565$1,566,850$4,190,879
52$6,700,999$2,245,361$1,545,817$4,470,057
53$7,308,662$2,279,545$1,521,764$4,774,358
54$7,975,919$2,313,016$1,494,516$5,106,297
55$8,708,771$2,345,662$1,463,891$5,468,649
56$9,513,833$2,377,367$1,429,698$5,864,470
57$10,398,389$2,408,003$1,391,738$6,297,134
58$11,370,466$2,437,436$1,349,802$6,770,357
59$12,438,904$2,465,521$1,303,672$7,288,238
60$13,613,446$2,492,105$1,253,119$7,855,296
61$14,904,823$2,517,024$1,197,903$8,476,513
62$16,324,859$2,540,102$1,137,777$9,157,382
63$17,886,580$2,561,153$1,072,478$9,903,960
64$19,604,339$2,579,977$1,001,735$10,722,923
65$21,493,950$2,596,364$925,261$11,621,634
66$23,572,835$2,610,088$842,759$12,608,209
67$25,860,191$2,620,909$753,918$13,691,597
68$28,377,170$2,628,573$658,414$14,881,664
69$31,147,076$2,632,808$555,906$16,189,286
70$34,195,589$2,633,327$446,040$17,626,456
71$37,551,003$2,629,824$328,446$19,206,394
72$41,244,495$2,621,975$202,738$20,943,675
73$45,310,416$2,609,434$68,513$22,854,369
74$49,786,619$2,591,837$0$24,956,190
75$54,714,812$2,568,796$0$27,274,248
76$60,140,956$2,539,899$0$29,830,316
77$66,115,690$2,504,711$0$32,643,040
78$72,694,819$2,462,770$0$35,738,620
79$79,939,832$2,413,587$0$39,145,937
80$87,918,485$2,356,644$0$42,896,826
81$96,705,443$2,291,391$0$47,026,379
82$106,382,976$2,217,248$0$51,573,278
83$117,041,746$2,133,599$0$56,580,159
84$128,781,653$2,039,795$0$62,094,021
85$141,712,783$1,935,146$0$68,166,668
86$155,956,443$1,818,924$0$74,855,200
87$171,646,309$1,690,360$0$82,222,556
88$188,929,683$1,548,638$0$90,338,112
89$207,968,889$1,392,899$0$99,278,333
90$228,942,797$1,222,233$0$109,127,503
91$252,048,518$1,035,678$0$119,978,520
92$277,503,260$832,219$0$131,933,777
93$305,546,377$610,783$0$145,106,132
94$336,441,633$370,237$0$159,619,978
95$370,479,685$109,384$0$175,612,418
96$407,980,830$0$0$193,234,565
97$449,298,027$0$0$212,748,179
98$494,820,227$0$0$234,314,409
99$544,976,046$0$0$258,076,171
100$600,237,810$0$0$284,257,276