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

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 $1,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$132,127$130,950$129,801$128,681$127,586$125,010
2 years$65,409$64,191$63,010$61,866$60,755$58,171
3 years$43,173$41,950$40,772$39,638$38,546$36,034
4 years$32,057$30,837$29,671$28,557$27,491$25,072
5 years$25,389$24,177$23,026$21,934$20,898$18,578
6 years$20,945$19,742$18,609$17,541$16,536$14,317
7 years$17,773$16,579$15,464$14,422$13,448$11,331
8 years$15,394$14,212$13,115$12,098$11,157$9,140
9 years$13,545$12,374$11,296$10,305$9,396$7,479
10 years$12,067$10,907$9,848$8,883$8,005$6,187
11 years$10,858$9,710$8,670$7,731$6,885$5,162
12 years$9,851$8,715$7,694$6,781$5,966$4,337
13 years$9,000$7,876$6,874$5,986$5,203$3,664
14 years$8,271$7,159$6,177$5,314$4,561$3,110
15 years$7,640$6,540$5,577$4,739$4,016$2,649
16 years$7,089$6,000$5,056$4,243$3,549$2,264
17 years$6,602$5,526$4,601$3,813$3,147$1,940
18 years$6,171$5,106$4,200$3,436$2,798$1,666
19 years$5,785$4,732$3,845$3,105$2,494$1,433
20 years$5,438$4,398$3,529$2,812$2,228$1,235
21 years$5,124$4,096$3,246$2,552$1,993$1,066
22 years$4,840$3,824$2,991$2,320$1,787$921
23 years$4,581$3,576$2,762$2,113$1,604$796
24 years$4,343$3,351$2,554$1,927$1,442$689
25 years$4,125$3,144$2,366$1,760$1,297$597
26 years$3,924$2,955$2,194$1,609$1,169$517
27 years$3,738$2,781$2,038$1,473$1,054$449
28 years$3,566$2,621$1,894$1,350$951$389
29 years$3,406$2,472$1,763$1,238$858$338
30 years$3,257$2,335$1,642$1,136$776$293
31 years$3,118$2,207$1,531$1,043$701$255
32 years$2,987$2,088$1,428$959$634$221
33 years$2,865$1,978$1,333$882$574$192
34 years$2,751$1,875$1,246$811$520$167
35 years$2,643$1,778$1,165$747$471$145
36 years$2,541$1,688$1,090$688$427$126
37 years$2,445$1,603$1,020$634$387$110
38 years$2,355$1,523$955$584$350$96
39 years$2,269$1,448$895$539$318$83
40 years$2,187$1,378$839$497$288$72
41 years$2,110$1,312$786$458$262$63
42 years$2,037$1,249$738$423$237$55
43 years$1,967$1,190$692$390$215$48
44 years$1,901$1,135$650$361$195$41
45 years$1,838$1,082$610$333$177$36
46 years$1,778$1,032$573$308$161$31
47 years$1,720$985$538$284$146$27
48 years$1,665$940$506$263$133$24
49 years$1,612$898$476$243$121$21
50 years$1,562$858$447$224$110$18

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 $5,131 every year, while hoping to spend $33,044 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: 55/25/20 Blend
34$1,600,000$1,600,000$1,600,000$1,600,000
35$1,768,493$1,683,693$1,658,893$1,855,928
36$1,913,720$1,731,035$1,679,307$1,963,621
37$2,072,654$1,779,590$1,699,298$2,076,899
38$2,246,656$1,829,381$1,718,816$2,199,540
39$2,437,228$1,880,434$1,737,809$2,332,449
40$2,646,023$1,932,773$1,756,224$2,476,623
41$2,874,861$1,986,423$1,774,001$2,633,160
42$3,125,748$2,041,408$1,791,081$2,803,270
43$3,400,891$2,097,754$1,807,399$2,988,284
44$3,702,722$2,155,484$1,822,887$3,189,668
45$4,033,921$2,214,624$1,837,475$3,409,039
46$4,397,439$2,275,198$1,851,088$3,648,176
47$4,796,524$2,337,230$1,863,646$3,909,039
48$5,234,759$2,400,743$1,875,068$4,193,787
49$5,716,087$2,465,762$1,885,265$4,504,800
50$6,244,853$2,532,310$1,894,146$4,844,697
51$6,825,843$2,600,408$1,901,615$5,216,366
52$7,464,330$2,670,080$1,907,571$5,622,988
53$8,166,125$2,741,346$1,911,907$6,068,068
54$8,937,626$2,814,229$1,914,513$6,555,468
55$9,785,885$2,888,747$1,915,270$7,089,441
56$10,718,669$2,964,920$1,914,055$7,674,677
57$11,744,539$3,042,766$1,910,741$8,316,341
58$12,872,922$3,122,302$1,905,192$9,020,126
59$14,114,210$3,203,545$1,897,266$9,792,302
60$15,479,849$3,286,508$1,886,814$10,639,782
61$16,982,452$3,371,205$1,873,680$11,570,182
62$18,635,916$3,457,648$1,857,702$12,591,894
63$20,455,552$3,545,846$1,838,708$13,714,165
64$22,458,233$3,635,806$1,816,519$14,947,188
65$24,662,548$3,727,536$1,790,948$16,302,192
66$27,088,980$3,821,038$1,761,797$17,791,552
67$29,760,101$3,916,313$1,728,862$19,428,907
68$32,700,779$4,013,361$1,691,927$21,229,286
69$35,938,419$4,112,176$1,650,767$23,209,250
70$39,503,216$4,212,750$1,605,146$25,387,051
71$43,428,443$4,315,074$1,554,817$27,782,801
72$47,750,764$4,419,133$1,499,523$30,418,666
73$52,510,580$4,524,908$1,438,995$33,319,072
74$57,752,407$4,632,377$1,372,950$36,510,938
75$63,525,302$4,741,513$1,301,093$40,023,928
76$69,883,321$4,852,285$1,223,117$43,890,734
77$76,886,027$4,964,655$1,138,700$48,147,382
78$84,599,060$5,078,581$1,047,504$52,833,575
79$93,094,748$5,194,015$949,180$57,993,066
80$102,452,794$5,310,903$843,359$63,674,073
81$112,761,025$5,429,184$729,657$69,929,735
82$124,116,225$5,548,789$607,676$76,818,610
83$136,625,042$5,669,642$476,995$84,405,232
84$150,405,001$5,791,659$337,179$92,760,721
85$165,585,609$5,914,748$187,772$101,963,453
86$182,309,576$6,038,805$28,298$112,099,800
87$200,734,166$6,163,720$0$123,264,948
88$221,032,678$6,289,370$0$135,594,074
89$243,396,083$6,415,621$0$149,180,912
90$268,034,824$6,542,327$0$164,146,927
91$295,180,806$6,669,331$0$180,632,635
92$325,089,580$6,796,460$0$198,792,880
93$358,042,760$6,923,529$0$218,798,298
94$394,350,677$7,050,337$0$240,836,928
95$434,355,309$7,176,667$0$265,115,984
96$478,433,511$7,302,284$0$291,863,816
97$527,000,568$7,426,935$0$321,332,063
98$580,514,122$7,550,350$0$353,798,026
99$639,478,482$7,672,237$0$389,567,292
100$704,449,392$7,792,282$0$428,976,614