Can I retire at age 35 with 1,600,000?

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 $1,600,000?

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$132,127$130,950$129,801$128,681$127,586$126,201
2 years$65,409$64,191$63,010$61,866$60,755$59,361
3 years$43,173$41,950$40,772$39,638$38,546$37,185
4 years$32,057$30,837$29,671$28,557$27,491$26,175
5 years$25,389$24,177$23,026$21,934$20,898$19,630
6 years$20,945$19,742$18,609$17,541$16,536$15,317
7 years$17,773$16,579$15,464$14,422$13,448$12,280
8 years$15,394$14,212$13,115$12,098$11,157$10,038
9 years$13,545$12,374$11,296$10,305$9,396$8,327
10 years$12,067$10,907$9,848$8,883$8,005$6,986
11 years$10,858$9,710$8,670$7,731$6,885$5,913
12 years$9,851$8,715$7,694$6,781$5,966$5,042
13 years$9,000$7,876$6,874$5,986$5,203$4,324
14 years$8,271$7,159$6,177$5,314$4,561$3,727
15 years$7,640$6,540$5,577$4,739$4,016$3,225
16 years$7,089$6,000$5,056$4,243$3,549$2,801
17 years$6,602$5,526$4,601$3,813$3,147$2,439
18 years$6,171$5,106$4,200$3,436$2,798$2,130
19 years$5,785$4,732$3,845$3,105$2,494$1,864
20 years$5,438$4,398$3,529$2,812$2,228$1,634
21 years$5,124$4,096$3,246$2,552$1,993$1,434
22 years$4,840$3,824$2,991$2,320$1,787$1,261
23 years$4,581$3,576$2,762$2,113$1,604$1,110
24 years$4,343$3,351$2,554$1,927$1,442$978
25 years$4,125$3,144$2,366$1,760$1,297$863
26 years$3,924$2,955$2,194$1,609$1,169$762
27 years$3,738$2,781$2,038$1,473$1,054$673
28 years$3,566$2,621$1,894$1,350$951$595
29 years$3,406$2,472$1,763$1,238$858$526
30 years$3,257$2,335$1,642$1,136$776$465
31 years$3,118$2,207$1,531$1,043$701$412
32 years$2,987$2,088$1,428$959$634$365
33 years$2,865$1,978$1,333$882$574$323
34 years$2,751$1,875$1,246$811$520$286
35 years$2,643$1,778$1,165$747$471$254
36 years$2,541$1,688$1,090$688$427$225
37 years$2,445$1,603$1,020$634$387$199
38 years$2,355$1,523$955$584$350$177
39 years$2,269$1,448$895$539$318$157
40 years$2,187$1,378$839$497$288$139
41 years$2,110$1,312$786$458$262$124
42 years$2,037$1,249$738$423$237$110
43 years$1,967$1,190$692$390$215$97
44 years$1,901$1,135$650$361$195$86
45 years$1,838$1,082$610$333$177$77
46 years$1,778$1,032$573$308$161$68
47 years$1,720$985$538$284$146$60
48 years$1,665$940$506$263$133$54
49 years$1,612$898$476$243$121$48
50 years$1,562$858$447$224$110$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,600,000, adding $6,977 every year, while hoping to spend $26,062 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: 58/34/8 Blend
34$1,600,000$1,600,000$1,600,000$1,600,000
35$1,770,397$1,685,597$1,660,797$1,869,501
36$1,923,247$1,740,461$1,688,704$1,991,815
37$2,090,815$1,797,141$1,716,672$2,121,514
38$2,274,574$1,855,696$1,744,676$2,262,236
39$2,476,147$1,916,192$1,772,689$2,415,038
40$2,697,322$1,978,693$1,800,682$2,581,086
41$2,940,068$2,043,268$1,828,624$2,761,658
42$3,206,554$2,109,987$1,856,482$2,958,164
43$3,499,169$2,178,923$1,884,220$3,172,155
44$3,820,545$2,250,151$1,911,803$3,405,336
45$4,173,583$2,323,751$1,939,191$3,659,586
46$4,561,476$2,399,802$1,966,341$3,936,971
47$4,987,742$2,478,388$1,993,209$4,239,767
48$5,456,259$2,559,596$2,019,749$4,570,480
49$5,971,298$2,643,517$2,045,911$4,931,865
50$6,537,563$2,730,242$2,071,642$5,326,961
51$7,160,239$2,819,869$2,096,886$5,759,110
52$7,845,037$2,912,496$2,121,586$6,231,993
53$8,598,250$3,008,227$2,145,678$6,749,664
54$9,426,811$3,107,169$2,169,097$7,316,588
55$10,338,358$3,209,433$2,191,774$7,937,681
56$11,341,308$3,315,133$2,213,636$8,618,357
57$12,444,935$3,424,388$2,234,607$9,364,579
58$13,659,457$3,537,321$2,254,605$10,182,917
59$14,996,132$3,654,060$2,273,544$11,080,604
60$16,467,365$3,774,737$2,291,335$12,065,608
61$18,086,825$3,899,488$2,307,884$13,146,709
62$19,869,573$4,028,455$2,323,090$14,333,573
63$21,832,205$4,161,785$2,336,849$15,636,854
64$23,993,008$4,299,630$2,349,052$17,068,284
65$26,372,131$4,442,148$2,359,581$18,640,789
66$28,991,777$4,589,502$2,368,316$20,368,608
67$31,876,413$4,741,862$2,375,129$22,267,429
68$35,052,996$4,899,403$2,379,885$24,354,536
69$38,551,235$5,062,307$2,382,445$26,648,968
70$42,403,864$5,230,762$2,382,659$29,171,704
71$46,646,953$5,404,965$2,380,373$31,945,855
72$51,320,251$5,585,117$2,375,424$34,996,887
73$56,467,557$5,771,429$2,367,642$38,352,856
74$62,137,137$5,964,118$2,356,847$42,044,673
75$68,382,176$6,163,410$2,342,852$46,106,397
76$75,261,280$6,369,540$2,325,460$50,575,556
77$82,839,034$6,582,750$2,304,466$55,493,497
78$91,186,602$6,803,292$2,279,653$60,905,781
79$100,382,410$7,031,428$2,250,795$66,862,606
80$110,512,875$7,267,427$2,217,656$73,419,286
81$121,673,229$7,511,571$2,179,988$80,636,768
82$133,968,411$7,764,152$2,137,531$88,582,209
83$147,514,065$8,025,471$2,090,014$97,329,608
84$162,437,623$8,295,842$2,037,153$106,960,504
85$178,879,514$8,575,591$1,978,651$117,564,745
86$196,994,484$8,865,055$1,914,196$129,241,334
87$216,953,063$9,164,585$1,843,463$142,099,365
88$238,943,170$9,474,544$1,766,113$156,259,049
89$263,171,885$9,795,308$1,681,790$171,852,851
90$289,867,409$10,127,270$1,590,122$189,026,736
91$319,281,215$10,470,837$1,490,721$207,941,547
92$351,690,420$10,826,428$1,383,181$228,774,526
93$387,400,403$11,194,484$1,267,078$251,720,980
94$426,747,687$11,575,457$1,141,968$276,996,125
95$470,103,117$11,969,819$1,007,389$304,837,122
96$517,875,356$12,378,062$862,858$335,505,308
97$570,514,747$12,800,692$707,869$369,288,663
98$628,517,564$13,238,238$541,895$406,504,531
99$692,430,693$13,691,249$364,386$447,502,610
100$762,856,797$14,160,295$174,767$492,668,254