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%18.3%
1 years$132,127$130,950$129,801$128,681$127,586$123,305
2 years$65,409$64,191$63,010$61,866$60,755$56,484
3 years$43,173$41,950$40,772$39,638$38,546$34,419
4 years$32,057$30,837$29,671$28,557$27,491$23,540
5 years$25,389$24,177$23,026$21,934$20,898$17,134
6 years$20,945$19,742$18,609$17,541$16,536$12,961
7 years$17,773$16,579$15,464$14,422$13,448$10,062
8 years$15,394$14,212$13,115$12,098$11,157$7,957
9 years$13,545$12,374$11,296$10,305$9,396$6,378
10 years$12,067$10,907$9,848$8,883$8,005$5,165
11 years$10,858$9,710$8,670$7,731$6,885$4,217
12 years$9,851$8,715$7,694$6,781$5,966$3,465
13 years$9,000$7,876$6,874$5,986$5,203$2,861
14 years$8,271$7,159$6,177$5,314$4,561$2,372
15 years$7,640$6,540$5,577$4,739$4,016$1,973
16 years$7,089$6,000$5,056$4,243$3,549$1,645
17 years$6,602$5,526$4,601$3,813$3,147$1,375
18 years$6,171$5,106$4,200$3,436$2,798$1,152
19 years$5,785$4,732$3,845$3,105$2,494$966
20 years$5,438$4,398$3,529$2,812$2,228$811
21 years$5,124$4,096$3,246$2,552$1,993$682
22 years$4,840$3,824$2,991$2,320$1,787$574
23 years$4,581$3,576$2,762$2,113$1,604$483
24 years$4,343$3,351$2,554$1,927$1,442$407
25 years$4,125$3,144$2,366$1,760$1,297$343
26 years$3,924$2,955$2,194$1,609$1,169$289
27 years$3,738$2,781$2,038$1,473$1,054$244
28 years$3,566$2,621$1,894$1,350$951$206
29 years$3,406$2,472$1,763$1,238$858$174
30 years$3,257$2,335$1,642$1,136$776$147
31 years$3,118$2,207$1,531$1,043$701$124
32 years$2,987$2,088$1,428$959$634$105
33 years$2,865$1,978$1,333$882$574$88
34 years$2,751$1,875$1,246$811$520$75
35 years$2,643$1,778$1,165$747$471$63
36 years$2,541$1,688$1,090$688$427$53
37 years$2,445$1,603$1,020$634$387$45
38 years$2,355$1,523$955$584$350$38
39 years$2,269$1,448$895$539$318$32
40 years$2,187$1,378$839$497$288$27
41 years$2,110$1,312$786$458$262$23
42 years$2,037$1,249$738$423$237$19
43 years$1,967$1,190$692$390$215$16
44 years$1,901$1,135$650$361$195$14
45 years$1,838$1,082$610$333$177$12
46 years$1,778$1,032$573$308$161$10
47 years$1,720$985$538$284$146$8
48 years$1,665$940$506$263$133$7
49 years$1,612$898$476$243$121$6
50 years$1,562$858$447$224$110$5

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 $4,118 every year, while hoping to spend $36,021 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: 56/27/17 Blend
34$1,600,000$1,600,000$1,600,000$1,600,000
35$1,767,448$1,682,648$1,657,848$1,858,256
36$1,909,401$1,726,771$1,675,060$1,964,617
37$2,064,627$1,771,850$1,691,641$2,076,183
38$2,234,440$1,817,892$1,707,532$2,196,905
39$2,420,290$1,864,905$1,722,671$2,327,670
40$2,623,771$1,912,898$1,736,993$2,469,452
41$2,846,641$1,961,875$1,750,427$2,623,326
42$3,090,834$2,011,842$1,762,902$2,790,473
43$3,358,480$2,062,803$1,774,340$2,972,197
44$3,651,926$2,114,762$1,784,661$3,169,932
45$3,973,757$2,167,719$1,793,782$3,385,259
46$4,326,818$2,221,675$1,801,611$3,619,919
47$4,714,245$2,276,629$1,808,057$3,875,830
48$5,139,491$2,332,577$1,813,020$4,155,106
49$5,606,362$2,389,516$1,816,398$4,460,074
50$6,119,046$2,447,437$1,818,083$4,793,300
51$6,682,160$2,506,333$1,817,960$5,157,611
52$7,300,789$2,566,192$1,815,911$5,556,119
53$7,980,536$2,627,002$1,811,810$5,992,258
54$8,727,571$2,688,746$1,805,527$6,469,808
55$9,548,694$2,751,405$1,796,923$6,992,935
56$10,451,396$2,814,959$1,785,854$7,566,231
57$11,443,928$2,879,381$1,772,170$8,194,755
58$12,535,383$2,944,645$1,755,712$8,884,083
59$13,735,777$3,010,719$1,736,314$9,640,358
60$15,056,148$3,077,566$1,713,802$10,470,351
61$16,508,656$3,145,147$1,687,995$11,381,522
62$18,106,698$3,213,418$1,658,702$12,382,095
63$19,865,036$3,282,331$1,625,723$13,481,131
64$21,799,936$3,351,831$1,588,851$14,688,614
65$23,929,318$3,421,860$1,547,867$16,015,551
66$26,272,930$3,492,352$1,502,541$17,474,068
67$28,852,529$3,563,237$1,452,637$19,077,532
68$31,692,090$3,634,439$1,397,903$20,840,672
69$34,818,029$3,705,872$1,338,078$22,779,720
70$38,259,453$3,777,445$1,272,889$24,912,566
71$42,048,438$3,849,061$1,202,052$27,258,926
72$46,220,325$3,920,610$1,125,266$29,840,526
73$50,814,057$3,991,979$1,042,222$32,681,314
74$55,872,546$4,063,041$952,591$35,807,677
75$61,443,078$4,133,663$856,035$39,248,700
76$67,577,757$4,203,698$752,198$43,036,433
77$74,333,999$4,272,990$640,708$47,206,200
78$81,775,073$4,341,372$521,177$51,796,930
79$89,970,695$4,408,664$393,201$56,851,524
80$98,997,688$4,474,671$256,356$62,417,263
81$108,940,710$4,539,187$110,201$68,546,254
82$119,893,046$4,601,991$0$75,295,923
83$131,957,491$4,662,843$0$82,737,857
84$145,247,324$4,721,492$0$90,955,373
85$159,887,371$4,777,664$0$100,005,415
86$176,015,183$4,831,070$0$109,972,787
87$193,782,341$4,881,402$0$120,950,944
88$213,355,877$4,928,328$0$133,042,870
89$234,919,858$4,971,497$0$146,362,058
90$258,677,118$5,010,535$0$161,033,572
91$284,851,175$5,045,042$0$177,195,237
92$313,688,338$5,074,593$0$194,998,935
93$345,460,036$5,098,735$0$214,612,040
94$380,465,375$5,116,989$0$236,219,000
95$419,033,964$5,128,841$0$260,023,077
96$461,529,024$5,133,750$0$286,248,269
97$508,350,819$5,131,138$0$315,141,422
98$559,940,430$5,120,392$0$346,974,561
99$616,783,923$5,100,860$0$382,047,463
100$679,416,934$5,071,853$0$420,690,482