Can I retire at age 35 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$130,475$129,313$128,179$127,072$125,991$124,624
2 years$64,592$63,389$62,223$61,092$59,996$58,619
3 years$42,633$41,425$40,262$39,142$38,064$36,720
4 years$31,656$30,452$29,301$28,200$27,147$25,847
5 years$25,072$23,875$22,738$21,660$20,637$19,385
6 years$20,684$19,495$18,376$17,322$16,329$15,126
7 years$17,550$16,372$15,271$14,241$13,280$12,126
8 years$15,202$14,034$12,951$11,947$11,017$9,913
9 years$13,376$12,219$11,154$10,176$9,278$8,223
10 years$11,916$10,771$9,725$8,772$7,905$6,898
11 years$10,722$9,588$8,561$7,634$6,799$5,839
12 years$9,728$8,606$7,598$6,696$5,892$4,979
13 years$8,888$7,777$6,788$5,912$5,138$4,270
14 years$8,168$7,069$6,099$5,248$4,504$3,680
15 years$7,545$6,458$5,507$4,680$3,965$3,185
16 years$7,000$5,925$4,993$4,190$3,505$2,766
17 years$6,520$5,457$4,543$3,765$3,107$2,409
18 years$6,093$5,042$4,147$3,393$2,763$2,103
19 years$5,712$4,673$3,797$3,066$2,463$1,840
20 years$5,370$4,343$3,484$2,777$2,200$1,613
21 years$5,060$4,045$3,205$2,520$1,969$1,416
22 years$4,779$3,776$2,954$2,291$1,765$1,245
23 years$4,523$3,531$2,727$2,087$1,584$1,096
24 years$4,289$3,309$2,522$1,903$1,424$966
25 years$4,073$3,105$2,336$1,738$1,281$852
26 years$3,875$2,918$2,167$1,589$1,154$752
27 years$3,692$2,746$2,012$1,455$1,040$664
28 years$3,521$2,588$1,870$1,333$939$587
29 years$3,363$2,441$1,741$1,222$848$519
30 years$3,216$2,306$1,621$1,122$766$460
31 years$3,079$2,180$1,512$1,030$692$407
32 years$2,950$2,062$1,410$947$626$360
33 years$2,830$1,953$1,317$871$567$319
34 years$2,716$1,851$1,230$801$513$283
35 years$2,610$1,756$1,150$737$465$251
36 years$2,509$1,666$1,076$679$421$222
37 years$2,415$1,583$1,007$626$382$197
38 years$2,325$1,504$943$577$346$175
39 years$2,240$1,430$884$532$314$155
40 years$2,160$1,361$828$491$285$137
41 years$2,084$1,295$777$453$258$122
42 years$2,012$1,234$728$418$234$108
43 years$1,943$1,175$684$386$213$96
44 years$1,877$1,120$642$356$193$85
45 years$1,815$1,068$603$329$175$76
46 years$1,755$1,019$566$304$159$67
47 years$1,699$973$532$281$144$60
48 years$1,644$929$500$259$131$53
49 years$1,592$887$470$240$119$47
50 years$1,543$847$441$221$108$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,580,000, adding $2,398 every year, while hoping to spend $44,295 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: 69/9/22 Blend
34$1,580,000$1,580,000$1,580,000$1,580,000
35$1,743,634$1,659,894$1,635,404$1,854,173
36$1,874,355$1,694,099$1,643,060$1,962,616
37$2,016,925$1,728,496$1,649,488$2,075,855
38$2,172,506$1,763,046$1,654,601$2,198,705
39$2,342,376$1,797,711$1,658,305$2,332,116
40$2,527,944$1,832,444$1,660,504$2,477,131
41$2,730,759$1,867,199$1,661,096$2,634,902
42$2,952,528$1,901,923$1,659,974$2,806,696
43$3,195,129$1,936,560$1,657,026$2,993,912
44$3,460,631$1,971,050$1,652,135$3,198,090
45$3,751,311$2,005,328$1,645,177$3,420,928
46$4,069,678$2,039,322$1,636,024$3,664,297
47$4,418,494$2,072,958$1,624,540$3,930,261
48$4,800,802$2,106,154$1,610,583$4,221,092
49$5,219,950$2,138,822$1,594,004$4,539,296
50$5,679,630$2,170,869$1,574,648$4,887,634
51$6,183,906$2,202,195$1,552,352$5,269,152
52$6,737,254$2,232,692$1,526,946$5,687,203
53$7,344,604$2,262,245$1,498,249$6,145,486
54$8,011,390$2,290,730$1,466,076$6,648,077
55$8,743,592$2,318,017$1,430,231$7,199,469
56$9,547,804$2,343,965$1,390,508$7,804,613
57$10,431,284$2,368,424$1,346,695$8,468,968
58$11,402,032$2,391,234$1,298,566$9,198,550
59$12,468,859$2,412,224$1,245,888$9,999,989
60$13,641,473$2,431,213$1,188,415$10,880,595
61$14,930,569$2,448,008$1,125,892$11,848,424
62$16,347,928$2,462,401$1,058,051$12,912,355
63$17,906,533$2,474,176$984,612$14,082,174
64$19,620,686$2,483,097$905,283$15,368,668
65$21,506,145$2,488,917$819,759$16,783,728
66$23,580,271$2,491,373$727,721$18,340,457
67$25,862,194$2,490,186$628,834$20,053,299
68$28,372,990$2,485,057$522,752$21,938,173
69$31,135,882$2,475,672$409,112$24,012,625
70$34,176,457$2,461,696$287,533$26,295,995
71$37,522,910$2,442,773$157,620$28,809,596
72$41,206,306$2,418,528$18,958$31,576,921
73$45,260,874$2,388,560$0$34,623,862
74$49,724,330$2,352,447$0$38,009,242
75$54,638,235$2,309,740$0$41,740,944
76$60,048,382$2,259,965$0$45,849,290
77$66,005,231$2,202,617$0$50,372,599
78$72,564,384$2,137,164$0$55,353,099
79$79,787,109$2,063,043$0$60,837,324
80$87,740,918$1,979,657$0$66,876,551
81$96,500,205$1,886,373$0$73,527,287
82$106,146,945$1,782,524$0$80,851,800
83$116,771,470$1,667,404$0$88,918,710
84$128,473,318$1,540,266$0$97,803,633
85$141,362,177$1,400,319$0$107,589,895
86$155,558,914$1,246,729$0$118,369,324
87$171,196,718$1,078,614$0$130,243,110
88$188,422,358$895,041$0$143,322,762
89$207,397,567$695,026$0$157,731,166
90$228,300,564$477,528$0$173,603,738
91$251,327,743$241,449$0$191,089,706
92$276,695,521$0$0$210,353,518
93$304,642,382$0$0$231,577,819
94$335,431,125$0$0$254,986,880
95$369,351,350$0$0$280,776,991
96$406,722,185$0$0$309,190,809
97$447,895,300$0$0$340,495,735
98$493,258,227$0$0$374,986,439
99$543,238,018$0$0$412,987,639
100$598,305,272$0$0$454,857,168