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

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 $1,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$128,823$127,676$126,556$125,464$124,397$120,802
2 years$63,774$62,586$61,435$60,319$59,236$55,643
3 years$42,094$40,901$39,753$38,647$37,582$34,103
4 years$31,256$30,066$28,930$27,843$26,804$23,466
5 years$24,754$23,572$22,451$21,386$20,376$17,188
6 years$20,422$19,249$18,143$17,103$16,123$13,088
7 years$17,328$16,165$15,077$14,061$13,112$10,230
8 years$15,009$13,856$12,787$11,795$10,878$8,147
9 years$13,206$12,064$11,013$10,047$9,161$6,578
10 years$11,765$10,634$9,602$8,661$7,805$5,368
11 years$10,586$9,467$8,453$7,537$6,713$4,417
12 years$9,605$8,497$7,502$6,611$5,817$3,658
13 years$8,775$7,679$6,702$5,837$5,073$3,045
14 years$8,065$6,980$6,022$5,181$4,447$2,545
15 years$7,449$6,376$5,437$4,621$3,915$2,135
16 years$6,911$5,850$4,930$4,137$3,460$1,796
17 years$6,437$5,388$4,486$3,717$3,068$1,515
18 years$6,016$4,979$4,095$3,350$2,728$1,280
19 years$5,640$4,614$3,749$3,027$2,432$1,083
20 years$5,302$4,288$3,440$2,742$2,172$918
21 years$4,996$3,994$3,164$2,488$1,944$779
22 years$4,719$3,728$2,917$2,262$1,742$661
23 years$4,466$3,487$2,693$2,060$1,564$562
24 years$4,235$3,267$2,491$1,879$1,406$478
25 years$4,022$3,066$2,307$1,716$1,265$407
26 years$3,826$2,881$2,139$1,569$1,139$347
27 years$3,645$2,712$1,987$1,436$1,027$295
28 years$3,477$2,555$1,847$1,316$927$252
29 years$3,321$2,411$1,719$1,207$837$214
30 years$3,175$2,276$1,601$1,108$756$183
31 years$3,040$2,152$1,492$1,017$684$156
32 years$2,913$2,036$1,392$935$618$133
33 years$2,794$1,928$1,300$860$560$114
34 years$2,682$1,828$1,215$791$507$97
35 years$2,577$1,733$1,136$728$459$83
36 years$2,478$1,645$1,062$671$416$71
37 years$2,384$1,563$994$618$377$60
38 years$2,296$1,485$931$569$342$51
39 years$2,212$1,412$872$525$310$44
40 years$2,133$1,344$818$484$281$37
41 years$2,058$1,279$767$447$255$32
42 years$1,986$1,218$719$412$231$27
43 years$1,918$1,161$675$381$210$23
44 years$1,854$1,106$634$351$191$20
45 years$1,792$1,055$595$325$173$17
46 years$1,733$1,006$559$300$157$15
47 years$1,677$960$525$277$143$12
48 years$1,623$917$493$256$130$11
49 years$1,572$875$464$237$118$9
50 years$1,523$836$436$219$107$8

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 $4,602 every year, while hoping to spend $28,462 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: 28/49/23 Blend
34$1,560,000$1,560,000$1,560,000$1,560,000
35$1,723,867$1,641,187$1,617,007$1,759,587
36$1,869,418$1,691,322$1,640,893$1,838,058
37$2,028,861$1,742,959$1,664,626$1,919,497
38$2,203,584$1,796,143$1,688,170$2,006,402
39$2,395,113$1,850,918$1,711,487$2,099,259
40$2,605,132$1,907,330$1,734,539$2,198,601
41$2,835,492$1,965,426$1,757,283$2,305,014
42$3,088,235$2,025,255$1,779,675$2,419,143
43$3,365,609$2,086,866$1,801,668$2,541,696
44$3,670,090$2,150,311$1,823,212$2,673,451
45$4,004,406$2,215,643$1,844,256$2,815,264
46$4,371,560$2,282,914$1,864,744$2,968,077
47$4,774,864$2,352,181$1,884,617$3,132,927
48$5,217,962$2,423,501$1,903,814$3,310,953
49$5,704,873$2,496,931$1,922,271$3,503,408
50$6,240,021$2,572,531$1,939,918$3,711,674
51$6,828,281$2,650,364$1,956,683$3,937,268
52$7,475,025$2,730,491$1,972,492$4,181,863
53$8,186,170$2,812,977$1,987,263$4,447,298
54$8,968,236$2,897,890$2,000,912$4,735,600
55$9,828,405$2,985,295$2,013,352$5,048,999
56$10,774,592$3,075,265$2,024,489$5,389,950
57$11,815,517$3,167,868$2,034,225$5,761,158
58$12,960,785$3,263,180$2,042,458$6,165,601
59$14,220,984$3,361,275$2,049,079$6,606,557
60$15,607,777$3,462,229$2,053,975$7,087,639
61$17,134,014$3,566,123$2,057,028$7,612,823
62$18,813,857$3,673,036$2,058,111$8,186,492
63$20,662,906$3,783,051$2,057,094$8,813,471
64$22,698,355$3,896,252$2,053,839$9,499,075
65$24,939,146$4,012,728$2,048,202$10,249,160
66$27,406,154$4,132,566$2,040,030$11,070,177
67$30,122,377$4,255,857$2,029,167$11,969,231
68$33,113,160$4,382,695$2,015,445$12,954,151
69$36,406,429$4,513,174$1,998,689$14,033,562
70$40,032,957$4,647,391$1,978,717$15,216,965
71$44,026,653$4,785,448$1,955,339$16,514,830
72$48,424,881$4,927,444$1,928,352$17,938,691
73$53,268,815$5,073,485$1,897,548$19,501,255
74$58,603,825$5,223,677$1,862,707$21,216,525
75$64,479,907$5,378,129$1,823,599$23,099,929
76$70,952,151$5,536,950$1,779,983$25,168,466
77$78,081,266$5,700,256$1,731,608$27,440,866
78$85,934,148$5,868,162$1,678,210$29,937,769
79$94,584,515$6,040,786$1,619,514$32,681,915
80$104,113,599$6,218,249$1,555,232$35,698,365
81$114,610,917$6,400,673$1,485,062$39,014,731
82$126,175,109$6,588,185$1,408,690$42,661,439
83$138,914,876$6,780,911$1,325,787$46,672,018
84$152,950,001$6,978,984$1,236,009$51,083,414
85$168,412,482$7,182,535$1,138,996$55,936,339
86$185,447,776$7,391,700$1,034,373$61,275,655
87$204,216,172$7,606,616$921,748$67,150,800
88$224,894,305$7,827,424$800,710$73,616,251
89$247,676,823$8,054,267$670,832$80,732,039
90$272,778,221$8,287,288$531,668$88,564,320
91$300,434,870$8,526,636$382,749$97,185,991
92$330,907,246$8,772,460$223,590$106,677,387
93$364,482,387$9,024,912$53,682$117,127,033
94$401,476,603$9,284,146$0$128,632,485
95$442,238,466$9,550,318$0$141,332,570
96$487,152,093$9,823,588$0$155,330,527
97$536,640,778$10,104,114$0$170,743,861
98$591,170,982$10,392,060$0$187,716,585
99$651,256,741$10,687,590$0$206,407,395
100$717,464,517$10,990,871$0$226,991,161