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%12%
1 years$127,998$126,857$125,745$124,659$123,599$122,564
2 years$63,365$62,185$61,041$59,932$58,857$57,813
3 years$41,824$40,639$39,498$38,399$37,341$36,322
4 years$31,055$29,874$28,744$27,664$26,632$25,645
5 years$24,596$23,421$22,307$21,249$20,245$19,293
6 years$20,291$19,125$18,027$16,993$16,019$15,103
7 years$17,217$16,061$14,981$13,971$13,028$12,148
8 years$14,913$13,768$12,705$11,720$10,808$9,965
9 years$13,122$11,987$10,943$9,983$9,102$8,295
10 years$11,690$10,566$9,540$8,605$7,755$6,984
11 years$10,519$9,406$8,399$7,489$6,670$5,934
12 years$9,543$8,443$7,454$6,569$5,780$5,079
13 years$8,719$7,630$6,659$5,799$5,040$4,373
14 years$8,013$6,935$5,984$5,148$4,418$3,784
15 years$7,402$6,335$5,402$4,591$3,890$3,288
16 years$6,867$5,813$4,898$4,111$3,438$2,867
17 years$6,396$5,353$4,457$3,694$3,048$2,507
18 years$5,978$4,947$4,069$3,329$2,711$2,198
19 years$5,604$4,584$3,725$3,008$2,416$1,932
20 years$5,268$4,260$3,418$2,724$2,158$1,701
21 years$4,964$3,968$3,144$2,472$1,931$1,500
22 years$4,689$3,704$2,898$2,248$1,731$1,325
23 years$4,437$3,464$2,676$2,047$1,554$1,172
24 years$4,207$3,246$2,475$1,867$1,397$1,037
25 years$3,996$3,046$2,292$1,705$1,257$919
26 years$3,801$2,863$2,126$1,559$1,132$815
27 years$3,621$2,694$1,974$1,427$1,021$724
28 years$3,455$2,539$1,835$1,308$921$643
29 years$3,300$2,395$1,708$1,199$832$571
30 years$3,155$2,262$1,591$1,100$751$508
31 years$3,020$2,138$1,483$1,011$679$452
32 years$2,894$2,023$1,383$929$615$402
33 years$2,776$1,916$1,292$854$556$358
34 years$2,665$1,816$1,207$786$504$319
35 years$2,560$1,722$1,128$723$456$284
36 years$2,462$1,635$1,056$666$413$253
37 years$2,369$1,553$988$614$374$225
38 years$2,281$1,476$925$566$340$201
39 years$2,198$1,403$867$522$308$179
40 years$2,119$1,335$813$481$279$160
41 years$2,044$1,271$762$444$253$142
42 years$1,973$1,210$715$410$230$127
43 years$1,906$1,153$671$378$209$113
44 years$1,842$1,099$629$349$189$101
45 years$1,780$1,048$591$323$172$90
46 years$1,722$1,000$555$298$156$81
47 years$1,666$954$522$275$142$72
48 years$1,613$911$490$254$129$64
49 years$1,562$870$461$235$117$57
50 years$1,513$831$433$217$106$51

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 $6,911 every year, while hoping to spend $54,749 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: 60/30/10 Blend
34$1,550,000$1,550,000$1,550,000$1,550,000
35$1,715,229$1,633,079$1,609,054$1,813,770
36$1,831,930$1,654,847$1,604,704$1,902,515
37$1,958,699$1,675,847$1,598,375$1,992,435
38$2,096,506$1,695,983$1,589,940$2,089,168
39$2,246,417$1,715,154$1,579,270$2,193,374
40$2,409,605$1,733,250$1,566,229$2,305,781
41$2,587,361$1,750,155$1,550,674$2,427,190
42$2,781,105$1,765,747$1,532,455$2,558,487
43$2,992,401$1,779,891$1,511,416$2,700,648
44$3,222,969$1,792,449$1,487,392$2,854,750
45$3,474,704$1,803,271$1,460,211$3,021,979
46$3,749,690$1,812,197$1,429,694$3,203,647
47$4,050,222$1,819,059$1,395,652$3,401,198
48$4,378,827$1,823,675$1,357,889$3,616,227
49$4,738,288$1,825,856$1,316,199$3,850,491
50$5,131,667$1,825,397$1,270,366$4,105,930
51$5,562,339$1,822,083$1,220,165$4,384,683
52$6,034,017$1,815,685$1,165,360$4,689,111
53$6,550,793$1,805,959$1,105,706$5,021,816
54$7,117,171$1,792,648$1,040,944$5,385,669
55$7,738,112$1,775,478$970,805$5,783,838
56$8,419,082$1,754,159$895,010$6,219,814
57$9,166,099$1,728,383$813,263$6,697,452
58$9,985,792$1,697,825$725,258$7,221,000
59$10,885,463$1,662,138$630,675$7,795,145
60$11,873,156$1,620,959$529,178$8,425,055
61$12,957,731$1,573,899$420,419$9,116,432
62$14,148,949$1,520,549$304,032$9,875,563
63$15,457,560$1,460,475$179,636$10,709,381
64$16,895,411$1,393,218$46,833$11,625,533
65$18,475,550$1,318,292$0$12,632,452
66$20,212,352$1,235,185$0$13,749,560
67$22,121,656$1,143,352$0$14,982,980
68$24,220,909$1,042,221$0$16,339,064
69$26,529,336$931,184$0$17,830,333
70$29,068,115$809,599$0$19,470,589
71$31,860,584$676,790$0$21,275,047
72$34,932,450$532,040$0$23,260,481
73$38,312,043$374,593$0$25,445,385
74$42,030,574$203,650$0$27,850,142
75$46,122,432$18,368$0$30,497,227
76$50,625,509$0$0$33,411,412
77$55,581,555$0$0$36,680,136
78$61,036,573$0$0$40,284,777
79$67,041,253$0$0$44,252,784
80$73,651,447$0$0$48,621,086
81$80,928,699$0$0$53,430,371
82$88,940,821$0$0$58,725,476
83$97,762,538$0$0$64,555,806
84$107,476,187$0$0$70,975,801
85$118,172,498$0$0$78,045,446
86$129,951,444$0$0$85,830,844
87$142,923,192$0$0$94,404,833
88$157,209,135$0$0$103,847,675
89$172,943,038$0$0$114,247,813
90$190,272,305$0$0$125,702,707
91$209,359,363$0$0$138,319,752
92$230,383,198$0$0$152,217,289
93$253,541,043$0$0$167,525,725
94$279,050,240$0$0$184,388,764
95$307,150,287$0$0$202,964,759
96$338,105,102$0$0$223,428,208
97$372,205,510$0$0$245,971,401
98$409,771,992$0$0$270,806,236
99$451,157,703$0$0$298,166,215
100$496,751,808$0$0$328,308,651