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

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$130,475$129,313$128,179$127,072$125,991$121,184
2 years$64,592$63,389$62,223$61,092$59,996$55,209
3 years$42,633$41,425$40,262$39,142$38,064$33,448
4 years$31,656$30,452$29,301$28,200$27,147$22,738
5 years$25,072$23,875$22,738$21,660$20,637$16,446
6 years$20,684$19,495$18,376$17,322$16,329$12,359
7 years$17,550$16,372$15,271$14,241$13,280$9,529
8 years$15,202$14,034$12,951$11,947$11,017$7,482
9 years$13,376$12,219$11,154$10,176$9,278$5,953
10 years$11,916$10,771$9,725$8,772$7,905$4,785
11 years$10,722$9,588$8,561$7,634$6,799$3,876
12 years$9,728$8,606$7,598$6,696$5,892$3,159
13 years$8,888$7,777$6,788$5,912$5,138$2,587
14 years$8,168$7,069$6,099$5,248$4,504$2,127
15 years$7,545$6,458$5,507$4,680$3,965$1,754
16 years$7,000$5,925$4,993$4,190$3,505$1,450
17 years$6,520$5,457$4,543$3,765$3,107$1,202
18 years$6,093$5,042$4,147$3,393$2,763$997
19 years$5,712$4,673$3,797$3,066$2,463$829
20 years$5,370$4,343$3,484$2,777$2,200$690
21 years$5,060$4,045$3,205$2,520$1,969$574
22 years$4,779$3,776$2,954$2,291$1,765$479
23 years$4,523$3,531$2,727$2,087$1,584$399
24 years$4,289$3,309$2,522$1,903$1,424$333
25 years$4,073$3,105$2,336$1,738$1,281$278
26 years$3,875$2,918$2,167$1,589$1,154$232
27 years$3,692$2,746$2,012$1,455$1,040$194
28 years$3,521$2,588$1,870$1,333$939$162
29 years$3,363$2,441$1,741$1,222$848$136
30 years$3,216$2,306$1,621$1,122$766$113
31 years$3,079$2,180$1,512$1,030$692$95
32 years$2,950$2,062$1,410$947$626$79
33 years$2,830$1,953$1,317$871$567$66
34 years$2,716$1,851$1,230$801$513$55
35 years$2,610$1,756$1,150$737$465$46
36 years$2,509$1,666$1,076$679$421$39
37 years$2,415$1,583$1,007$626$382$32
38 years$2,325$1,504$943$577$346$27
39 years$2,240$1,430$884$532$314$23
40 years$2,160$1,361$828$491$285$19
41 years$2,084$1,295$777$453$258$16
42 years$2,012$1,234$728$418$234$13
43 years$1,943$1,175$684$386$213$11
44 years$1,877$1,120$642$356$193$9
45 years$1,815$1,068$603$329$175$8
46 years$1,755$1,019$566$304$159$7
47 years$1,699$973$532$281$144$5
48 years$1,644$929$500$259$131$5
49 years$1,592$887$470$240$119$4
50 years$1,543$847$441$221$108$3

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 $2,759 every year, while hoping to spend $31,236 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: 76/14/10 Blend
34$1,580,000$1,580,000$1,580,000$1,580,000
35$1,744,006$1,660,266$1,635,776$1,873,274
36$1,888,660$1,708,384$1,657,340$2,006,885
37$2,047,021$1,757,813$1,678,579$2,149,062
38$2,220,456$1,808,584$1,699,449$2,304,025
39$2,410,467$1,860,729$1,719,905$2,473,033
40$2,618,710$1,914,281$1,739,898$2,657,472
41$2,847,008$1,969,271$1,759,375$2,858,870
42$3,097,371$2,025,733$1,778,282$3,078,907
43$3,372,010$2,083,701$1,796,561$3,319,435
44$3,673,361$2,143,208$1,814,152$3,582,494
45$4,004,108$2,204,290$1,830,990$3,870,330
46$4,367,207$2,266,980$1,847,009$4,185,416
47$4,765,915$2,331,315$1,862,136$4,530,479
48$5,203,819$2,397,330$1,876,298$4,908,520
49$5,684,870$2,465,060$1,889,415$5,322,846
50$6,213,421$2,534,543$1,901,405$5,777,099
51$6,794,269$2,605,814$1,912,181$6,275,292
52$7,432,696$2,678,910$1,921,650$6,821,848
53$8,134,522$2,753,869$1,929,718$7,421,635
54$8,906,162$2,830,726$1,936,281$8,080,019
55$9,754,679$2,909,521$1,941,235$8,802,914
56$10,687,858$2,990,288$1,944,468$9,596,831
57$11,714,274$3,073,067$1,945,863$10,468,947
58$12,843,377$3,157,894$1,945,296$11,427,168
59$14,085,577$3,244,807$1,942,639$12,480,207
60$15,452,345$3,333,841$1,937,756$13,637,660
61$16,956,319$3,425,035$1,930,507$14,910,106
62$18,611,426$3,518,424$1,920,741$16,309,196
63$20,433,009$3,614,044$1,908,303$17,847,771
64$22,437,974$3,711,931$1,893,030$19,539,979
65$24,644,951$3,812,119$1,874,750$21,401,410
66$27,074,467$3,914,644$1,853,284$23,449,242
67$29,749,138$4,019,537$1,828,445$25,702,403
68$32,693,888$4,126,832$1,800,036$28,181,752
69$35,936,178$4,236,560$1,767,851$30,910,271
70$39,506,269$4,348,752$1,731,674$33,913,286
71$43,437,503$4,463,436$1,691,280$37,218,705
72$47,766,624$4,580,639$1,646,433$40,857,279
73$52,534,117$4,700,389$1,596,887$44,862,897
74$57,784,597$4,822,707$1,542,382$49,272,899
75$63,567,224$4,947,618$1,482,650$54,128,434
76$69,936,169$5,075,140$1,417,407$59,474,846
77$76,951,127$5,205,290$1,346,359$65,362,102
78$84,677,877$5,338,085$1,269,197$71,845,265
79$93,188,905$5,473,535$1,185,599$78,985,011
80$102,564,084$5,611,649$1,095,228$86,848,203
81$112,891,434$5,752,433$997,731$95,508,524
82$124,267,947$5,895,889$892,742$105,047,169
83$136,800,504$6,042,014$779,875$115,553,614
84$150,606,884$6,190,802$658,730$127,126,459
85$165,816,877$6,342,241$528,887$139,874,360
86$182,573,503$6,496,316$389,910$153,917,053
87$201,034,369$6,653,004$241,341$169,386,487
88$221,373,152$6,812,279$82,703$186,428,068
89$243,781,240$6,974,107$0$205,202,029
90$268,469,535$7,138,446$0$225,894,186
91$295,670,448$7,305,251$0$248,699,905
92$325,640,091$7,474,465$0$273,824,841
93$358,660,692$7,646,026$0$301,505,357
94$395,043,261$7,819,860$0$332,001,920
95$435,130,527$7,995,886$0$365,601,559
96$479,300,168$8,174,012$0$402,620,575
97$527,968,383$8,354,136$0$443,407,526
98$581,593,812$8,536,143$0$488,346,517
99$640,681,874$8,719,908$0$537,860,826
100$705,789,532$8,905,289$0$592,416,901