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%11.5%
1 years$130,475$129,313$128,179$127,072$125,991$125,197
2 years$64,592$63,389$62,223$61,092$59,996$59,195
3 years$42,633$41,425$40,262$39,142$38,064$37,281
4 years$31,656$30,452$29,301$28,200$27,147$26,388
5 years$25,072$23,875$22,738$21,660$20,637$19,904
6 years$20,684$19,495$18,376$17,322$16,329$15,624
7 years$17,550$16,372$15,271$14,241$13,280$12,602
8 years$15,202$14,034$12,951$11,947$11,017$10,366
9 years$13,376$12,219$11,154$10,176$9,278$8,654
10 years$11,916$10,771$9,725$8,772$7,905$7,309
11 years$10,722$9,588$8,561$7,634$6,799$6,229
12 years$9,728$8,606$7,598$6,696$5,892$5,348
13 years$8,888$7,777$6,788$5,912$5,138$4,619
14 years$8,168$7,069$6,099$5,248$4,504$4,010
15 years$7,545$6,458$5,507$4,680$3,965$3,496
16 years$7,000$5,925$4,993$4,190$3,505$3,059
17 years$6,520$5,457$4,543$3,765$3,107$2,685
18 years$6,093$5,042$4,147$3,393$2,763$2,362
19 years$5,712$4,673$3,797$3,066$2,463$2,083
20 years$5,370$4,343$3,484$2,777$2,200$1,841
21 years$5,060$4,045$3,205$2,520$1,969$1,630
22 years$4,779$3,776$2,954$2,291$1,765$1,445
23 years$4,523$3,531$2,727$2,087$1,584$1,282
24 years$4,289$3,309$2,522$1,903$1,424$1,140
25 years$4,073$3,105$2,336$1,738$1,281$1,014
26 years$3,875$2,918$2,167$1,589$1,154$903
27 years$3,692$2,746$2,012$1,455$1,040$804
28 years$3,521$2,588$1,870$1,333$939$717
29 years$3,363$2,441$1,741$1,222$848$640
30 years$3,216$2,306$1,621$1,122$766$571
31 years$3,079$2,180$1,512$1,030$692$510
32 years$2,950$2,062$1,410$947$626$456
33 years$2,830$1,953$1,317$871$567$408
34 years$2,716$1,851$1,230$801$513$365
35 years$2,610$1,756$1,150$737$465$326
36 years$2,509$1,666$1,076$679$421$292
37 years$2,415$1,583$1,007$626$382$261
38 years$2,325$1,504$943$577$346$234
39 years$2,240$1,430$884$532$314$209
40 years$2,160$1,361$828$491$285$187
41 years$2,084$1,295$777$453$258$168
42 years$2,012$1,234$728$418$234$150
43 years$1,943$1,175$684$386$213$135
44 years$1,877$1,120$642$356$193$121
45 years$1,815$1,068$603$329$175$108
46 years$1,755$1,019$566$304$159$97
47 years$1,699$973$532$281$144$87
48 years$1,644$929$500$259$131$78
49 years$1,592$887$470$240$119$70
50 years$1,543$847$441$221$108$63

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 $6,715 every year, while hoping to spend $37,316 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: 54/30/16 Blend
34$1,580,000$1,580,000$1,580,000$1,580,000
35$1,748,087$1,664,347$1,639,857$1,834,667
36$1,886,687$1,706,196$1,655,088$1,936,338
37$2,038,175$1,748,845$1,669,579$2,042,397
38$2,203,824$1,792,293$1,683,265$2,157,005
39$2,385,039$1,836,540$1,696,079$2,280,986
40$2,583,365$1,881,583$1,707,949$2,415,247
41$2,800,504$1,927,416$1,718,802$2,560,787
42$3,038,331$1,974,035$1,728,557$2,718,707
43$3,298,910$2,021,432$1,737,133$2,890,219
44$3,584,514$2,069,598$1,744,443$3,076,660
45$3,897,647$2,118,521$1,750,394$3,279,499
46$4,241,066$2,168,187$1,754,891$3,500,359
47$4,617,808$2,218,582$1,757,833$3,741,025
48$5,031,219$2,269,687$1,759,115$4,003,464
49$5,484,984$2,321,481$1,758,626$4,289,845
50$5,983,160$2,373,942$1,756,248$4,602,557
51$6,530,220$2,427,043$1,751,859$4,944,232
52$7,131,088$2,480,754$1,745,333$5,317,770
53$7,791,191$2,535,042$1,736,533$5,726,367
54$8,516,505$2,589,872$1,725,320$6,173,547
55$9,313,616$2,645,203$1,711,545$6,663,191
56$10,189,777$2,700,990$1,695,054$7,199,576
57$11,152,981$2,757,186$1,675,685$7,787,416
58$12,212,033$2,813,736$1,653,269$8,431,906
59$13,376,634$2,870,583$1,627,627$9,138,773
60$14,657,472$2,927,663$1,598,574$9,914,324
61$16,066,323$2,984,907$1,565,915$10,765,515
62$17,616,161$3,042,240$1,529,446$11,700,009
63$19,321,282$3,099,582$1,488,954$12,726,253
64$21,197,435$3,156,844$1,444,217$13,853,553
65$23,261,975$3,213,931$1,395,000$15,092,171
66$25,534,024$3,270,741$1,341,060$16,453,411
67$28,034,651$3,327,164$1,282,142$17,949,736
68$30,787,070$3,383,080$1,217,979$19,594,879
69$33,816,863$3,438,363$1,148,292$21,403,975
70$37,152,214$3,492,873$1,072,791$23,393,707
71$40,824,180$3,546,465$991,170$25,582,459
72$44,866,984$3,598,979$903,112$27,990,494
73$49,318,335$3,650,247$808,284$30,640,144
74$54,219,783$3,700,087$706,340$33,556,021
75$59,617,114$3,748,305$596,916$36,765,250
76$65,560,781$3,794,693$479,634$40,297,727
77$72,106,378$3,839,030$354,098$44,186,400
78$79,315,165$3,881,079$219,897$48,467,582
79$87,254,648$3,920,588$76,600$53,181,292
80$95,999,211$3,957,286$0$58,371,638
81$105,630,825$3,990,888$0$64,100,261
82$116,239,814$4,021,086$0$70,422,506
83$127,925,711$4,047,555$0$77,384,409
84$140,798,197$4,069,948$0$85,051,131
85$154,978,134$4,087,897$0$93,494,476
86$170,598,708$4,101,009$0$102,793,578
87$187,806,684$4,108,866$0$113,035,641
88$206,763,792$4,111,026$0$124,316,768
89$227,648,250$4,107,018$0$136,742,864
90$250,656,451$4,096,342$0$150,430,640
91$276,004,814$4,078,467$0$165,508,717
92$303,931,824$4,052,830$0$182,118,832
93$334,700,286$4,018,835$0$200,417,190
94$368,599,805$3,975,848$0$220,575,926
95$405,949,517$3,923,197$0$242,784,742
96$447,101,105$3,860,171$0$267,252,691
97$492,442,114$3,786,015$0$294,210,157
98$542,399,612$3,699,932$0$323,911,026
99$597,444,220$3,601,076$0$356,635,090
100$658,094,552$3,488,551$0$392,690,682