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%12.2%
1 years$127,998$126,857$125,745$124,659$123,599$122,461
2 years$63,365$62,185$61,041$59,932$58,857$57,710
3 years$41,824$40,639$39,498$38,399$37,341$36,222
4 years$31,055$29,874$28,744$27,664$26,632$25,548
5 years$24,596$23,421$22,307$21,249$20,245$19,200
6 years$20,291$19,125$18,027$16,993$16,019$15,014
7 years$17,217$16,061$14,981$13,971$13,028$12,064
8 years$14,913$13,768$12,705$11,720$10,808$9,884
9 years$13,122$11,987$10,943$9,983$9,102$8,218
10 years$11,690$10,566$9,540$8,605$7,755$6,911
11 years$10,519$9,406$8,399$7,489$6,670$5,865
12 years$9,543$8,443$7,454$6,569$5,780$5,013
13 years$8,719$7,630$6,659$5,799$5,040$4,311
14 years$8,013$6,935$5,984$5,148$4,418$3,725
15 years$7,402$6,335$5,402$4,591$3,890$3,232
16 years$6,867$5,813$4,898$4,111$3,438$2,815
17 years$6,396$5,353$4,457$3,694$3,048$2,458
18 years$5,978$4,947$4,069$3,329$2,711$2,152
19 years$5,604$4,584$3,725$3,008$2,416$1,889
20 years$5,268$4,260$3,418$2,724$2,158$1,661
21 years$4,964$3,968$3,144$2,472$1,931$1,462
22 years$4,689$3,704$2,898$2,248$1,731$1,290
23 years$4,437$3,464$2,676$2,047$1,554$1,139
24 years$4,207$3,246$2,475$1,867$1,397$1,007
25 years$3,996$3,046$2,292$1,705$1,257$891
26 years$3,801$2,863$2,126$1,559$1,132$789
27 years$3,621$2,694$1,974$1,427$1,021$699
28 years$3,455$2,539$1,835$1,308$921$620
29 years$3,300$2,395$1,708$1,199$832$550
30 years$3,155$2,262$1,591$1,100$751$488
31 years$3,020$2,138$1,483$1,011$679$434
32 years$2,894$2,023$1,383$929$615$385
33 years$2,776$1,916$1,292$854$556$342
34 years$2,665$1,816$1,207$786$504$304
35 years$2,560$1,722$1,128$723$456$271
36 years$2,462$1,635$1,056$666$413$241
37 years$2,369$1,553$988$614$374$214
38 years$2,281$1,476$925$566$340$191
39 years$2,198$1,403$867$522$308$170
40 years$2,119$1,335$813$481$279$151
41 years$2,044$1,271$762$444$253$134
42 years$1,973$1,210$715$410$230$120
43 years$1,906$1,153$671$378$209$107
44 years$1,842$1,099$629$349$189$95
45 years$1,780$1,048$591$323$172$85
46 years$1,722$1,000$555$298$156$75
47 years$1,666$954$522$275$142$67
48 years$1,613$911$490$254$129$60
49 years$1,562$870$461$235$117$53
50 years$1,513$831$433$217$106$47

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 $6,874 every year, while hoping to spend $32,519 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: 39/48/13 Blend
34$1,550,000$1,550,000$1,550,000$1,550,000
35$1,715,191$1,633,041$1,609,016$1,775,123
36$1,855,540$1,678,460$1,628,318$1,863,725
37$2,009,115$1,725,014$1,647,176$1,955,778
38$2,177,231$1,772,726$1,665,543$2,054,598
39$2,361,335$1,821,616$1,683,365$2,160,812
40$2,563,021$1,871,705$1,700,587$2,275,108
41$2,784,045$1,923,015$1,717,153$2,398,245
42$3,026,341$1,975,566$1,733,001$2,531,055
43$3,292,039$2,029,379$1,748,068$2,674,456
44$3,583,483$2,084,475$1,762,285$2,829,456
45$3,903,259$2,140,875$1,775,581$2,997,168
46$4,254,210$2,198,596$1,787,882$3,178,814
47$4,639,472$2,257,660$1,799,108$3,375,741
48$5,062,498$2,318,085$1,809,178$3,589,431
49$5,527,091$2,379,890$1,818,004$3,821,516
50$6,037,441$2,443,092$1,825,495$4,073,795
51$6,598,165$2,507,708$1,831,553$4,348,246
52$7,214,347$2,573,755$1,836,080$4,647,051
53$7,891,590$2,641,248$1,838,967$4,972,609
54$8,636,064$2,710,202$1,840,105$5,327,567
55$9,454,571$2,780,629$1,839,377$5,714,837
56$10,354,600$2,852,543$1,836,659$6,137,630
57$11,344,406$2,925,954$1,831,823$6,599,480
58$12,433,081$3,000,872$1,824,735$7,104,282
59$13,630,645$3,077,304$1,815,254$7,656,329
60$14,948,137$3,155,258$1,803,230$8,260,346
61$16,397,718$3,234,737$1,788,510$8,921,544
62$17,992,790$3,315,743$1,770,929$9,645,660
63$19,748,118$3,398,278$1,750,319$10,439,019
64$21,679,971$3,482,340$1,726,500$11,308,588
65$23,806,276$3,567,922$1,699,286$12,262,044
66$26,146,786$3,655,020$1,668,481$13,307,845
67$28,723,263$3,743,621$1,633,881$14,455,315
68$31,559,691$3,833,714$1,595,271$15,714,724
69$34,682,494$3,925,280$1,552,427$17,097,390
70$38,120,790$4,018,301$1,505,115$18,615,787
71$41,906,664$4,112,751$1,453,090$20,283,659
72$46,075,470$4,208,601$1,396,094$22,116,152
73$50,666,165$4,305,820$1,333,861$24,129,956
74$55,721,678$4,404,369$1,266,109$26,343,465
75$61,289,311$4,504,205$1,192,546$28,776,948
76$67,421,189$4,605,280$1,112,864$31,452,742
77$74,174,751$4,707,539$1,026,746$34,395,461
78$81,613,289$4,810,921$933,855$37,632,234
79$89,806,548$4,915,360$833,843$41,192,954
80$98,831,383$5,020,781$726,344$45,110,566
81$108,772,486$5,127,101$610,978$49,421,376
82$119,723,181$5,234,230$487,347$54,165,395
83$131,786,308$5,342,069$355,036$59,386,715
84$145,075,191$5,450,510$213,609$65,133,929
85$159,714,711$5,559,436$62,616$71,460,588
86$175,842,480$5,668,717$0$78,425,707
87$193,610,143$5,778,214$0$86,107,990
88$213,184,807$5,887,776$0$94,575,602
89$234,750,620$5,997,239$0$103,898,909
90$258,510,505$6,106,426$0$114,165,035
91$284,688,082$6,215,146$0$125,469,988
92$313,529,771$6,323,193$0$137,919,573
93$345,307,122$6,430,344$0$151,630,383
94$380,319,379$6,536,362$0$166,730,907
95$418,896,300$6,640,988$0$183,362,738
96$461,401,274$6,743,948$0$201,681,915
97$508,234,749$6,844,946$0$221,860,393
98$559,838,010$6,943,664$0$244,087,667
99$616,697,347$7,039,765$0$268,572,564
100$679,348,647$7,132,884$0$295,545,214