Can I retire at age 35 with 1,560,000?

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 $1,560,000?

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$128,823$127,676$126,556$125,464$124,397$122,995
2 years$63,774$62,586$61,435$60,319$59,236$57,826
3 years$42,094$40,901$39,753$38,647$37,582$36,206
4 years$31,256$30,066$28,930$27,843$26,804$25,472
5 years$24,754$23,572$22,451$21,386$20,376$19,093
6 years$20,422$19,249$18,143$17,103$16,123$14,891
7 years$17,328$16,165$15,077$14,061$13,112$11,931
8 years$15,009$13,856$12,787$11,795$10,878$9,747
9 years$13,206$12,064$11,013$10,047$9,161$8,081
10 years$11,765$10,634$9,602$8,661$7,805$6,775
11 years$10,586$9,467$8,453$7,537$6,713$5,732
12 years$9,605$8,497$7,502$6,611$5,817$4,884
13 years$8,775$7,679$6,702$5,837$5,073$4,186
14 years$8,065$6,980$6,022$5,181$4,447$3,605
15 years$7,449$6,376$5,437$4,621$3,915$3,118
16 years$6,911$5,850$4,930$4,137$3,460$2,706
17 years$6,437$5,388$4,486$3,717$3,068$2,355
18 years$6,016$4,979$4,095$3,350$2,728$2,055
19 years$5,640$4,614$3,749$3,027$2,432$1,796
20 years$5,302$4,288$3,440$2,742$2,172$1,574
21 years$4,996$3,994$3,164$2,488$1,944$1,381
22 years$4,719$3,728$2,917$2,262$1,742$1,213
23 years$4,466$3,487$2,693$2,060$1,564$1,067
24 years$4,235$3,267$2,491$1,879$1,406$939
25 years$4,022$3,066$2,307$1,716$1,265$828
26 years$3,826$2,881$2,139$1,569$1,139$730
27 years$3,645$2,712$1,987$1,436$1,027$645
28 years$3,477$2,555$1,847$1,316$927$569
29 years$3,321$2,411$1,719$1,207$837$503
30 years$3,175$2,276$1,601$1,108$756$445
31 years$3,040$2,152$1,492$1,017$684$393
32 years$2,913$2,036$1,392$935$618$348
33 years$2,794$1,928$1,300$860$560$308
34 years$2,682$1,828$1,215$791$507$273
35 years$2,577$1,733$1,136$728$459$242
36 years$2,478$1,645$1,062$671$416$214
37 years$2,384$1,563$994$618$377$190
38 years$2,296$1,485$931$569$342$168
39 years$2,212$1,412$872$525$310$149
40 years$2,133$1,344$818$484$281$132
41 years$2,058$1,279$767$447$255$117
42 years$1,986$1,218$719$412$231$104
43 years$1,918$1,161$675$381$210$92
44 years$1,854$1,106$634$351$191$82
45 years$1,792$1,055$595$325$173$72
46 years$1,733$1,006$559$300$157$64
47 years$1,677$960$525$277$143$57
48 years$1,623$917$493$256$130$50
49 years$1,572$875$464$237$118$45
50 years$1,523$836$436$219$107$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,560,000, adding $3,976 every year, while hoping to spend $21,203 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: 90/5/5 Blend
34$1,560,000$1,560,000$1,560,000$1,560,000
35$1,723,221$1,640,541$1,616,361$1,878,269
36$1,876,430$1,698,368$1,647,950$2,037,444
37$2,044,555$1,758,318$1,679,885$2,209,054
38$2,229,097$1,820,472$1,712,158$2,397,080
39$2,431,705$1,884,915$1,744,756$2,603,164
40$2,654,199$1,951,736$1,777,666$2,829,114
41$2,898,583$2,021,027$1,810,873$3,076,922
42$3,167,065$2,092,884$1,844,364$3,348,781
43$3,462,076$2,167,405$1,878,120$3,647,108
44$3,786,295$2,244,696$1,912,124$3,974,564
45$4,142,674$2,324,862$1,946,357$4,334,081
46$4,534,463$2,408,017$1,980,797$4,728,890
47$4,965,247$2,494,278$2,015,422$5,162,547
48$5,438,970$2,583,766$2,050,207$5,638,973
49$5,959,982$2,676,608$2,085,126$6,162,486
50$6,533,075$2,772,936$2,120,152$6,737,843
51$7,163,525$2,872,887$2,155,254$7,370,286
52$7,857,150$2,976,603$2,190,400$8,065,587
53$8,620,357$3,084,235$2,225,556$8,830,110
54$9,460,208$3,195,937$2,260,687$9,670,864
55$10,384,481$3,311,870$2,295,752$10,595,570
56$11,401,749$3,432,202$2,330,711$11,612,737
57$12,521,457$3,557,110$2,365,519$12,731,741
58$13,754,013$3,686,775$2,400,131$13,962,909
59$15,110,883$3,821,388$2,434,496$15,317,624
60$16,604,703$3,961,147$2,468,562$16,808,425
61$18,249,398$4,106,257$2,502,273$18,449,130
62$20,060,308$4,256,936$2,535,571$20,254,962
63$22,054,339$4,413,405$2,568,393$22,242,698
64$24,250,120$4,575,900$2,600,672$24,430,822
65$26,668,177$4,744,664$2,632,339$26,839,701
66$29,331,129$4,919,950$2,663,320$29,491,779
67$32,263,900$5,102,024$2,693,537$32,411,785
68$35,493,955$5,291,160$2,722,908$35,626,970
69$39,051,558$5,487,647$2,751,346$39,167,361
70$42,970,060$5,691,785$2,778,758$43,066,044
71$47,286,209$5,903,885$2,805,050$47,359,479
72$52,040,500$6,124,274$2,830,117$52,087,842
73$57,277,560$6,353,291$2,853,854$57,295,404
74$63,046,560$6,591,292$2,876,148$63,030,949
75$69,401,689$6,838,645$2,896,879$69,348,233
76$76,402,660$7,095,737$2,915,923$76,306,492
77$84,115,272$7,362,969$2,933,147$83,971,003
78$92,612,037$7,640,761$2,948,414$92,413,696
79$101,972,857$7,929,551$2,961,578$101,713,836
80$112,285,784$8,229,795$2,972,487$111,958,767
81$123,647,848$8,541,969$2,980,979$123,244,741
82$136,165,973$8,866,570$2,986,887$135,677,824
83$149,957,988$9,204,117$2,990,033$149,374,894
84$165,153,735$9,555,152$2,990,232$164,464,751
85$181,896,299$9,920,237$2,987,288$181,089,325
86$200,343,357$10,299,964$2,980,997$199,405,021
87$220,668,664$10,694,948$2,971,146$219,584,190
88$243,063,697$11,105,829$2,957,508$241,816,760
89$267,739,458$11,533,278$2,939,848$266,312,029
90$294,928,469$11,977,996$2,917,920$293,300,636
91$324,886,967$12,440,711$2,891,464$323,036,740
92$357,897,319$12,922,187$2,860,209$355,800,420
93$394,270,691$13,423,220$2,823,872$391,900,319
94$434,349,984$13,944,640$2,782,154$431,676,554
95$478,513,071$14,487,316$2,734,745$475,503,929
96$527,176,363$15,052,154$2,681,318$523,795,473
97$580,798,743$15,640,100$2,621,533$577,006,335
98$639,885,893$16,252,143$2,555,032$635,638,088
99$704,995,070$16,889,315$2,481,442$700,243,453
100$776,740,370$17,552,694$2,400,373$771,431,528