Can I retire at age 35 with 1,620,000?

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 $1,620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$133,778$132,586$131,424$130,289$129,181$126,161
2 years$66,227$64,993$63,798$62,639$61,515$58,489
3 years$43,713$42,474$41,282$40,133$39,028$36,091
4 years$32,458$31,223$30,042$28,914$27,835$25,010
5 years$25,707$24,479$23,314$22,209$21,160$18,454
6 years$21,207$19,989$18,841$17,760$16,743$14,160
7 years$17,995$16,787$15,657$14,602$13,616$11,156
8 years$15,586$14,389$13,279$12,249$11,296$8,958
9 years$13,714$12,528$11,437$10,434$9,513$7,295
10 years$12,217$11,043$9,971$8,994$8,106$6,005
11 years$10,994$9,831$8,778$7,827$6,971$4,985
12 years$9,974$8,824$7,790$6,866$6,041$4,166
13 years$9,113$7,974$6,960$6,061$5,268$3,501
14 years$8,375$7,248$6,254$5,381$4,618$2,955
15 years$7,736$6,622$5,646$4,798$4,066$2,503
16 years$7,177$6,075$5,119$4,297$3,593$2,127
17 years$6,685$5,595$4,658$3,860$3,186$1,812
18 years$6,248$5,170$4,252$3,479$2,833$1,547
19 years$5,857$4,791$3,893$3,144$2,525$1,323
20 years$5,506$4,452$3,573$2,847$2,255$1,133
21 years$5,189$4,147$3,286$2,584$2,018$972
22 years$4,900$3,871$3,029$2,349$1,809$834
23 years$4,638$3,621$2,797$2,140$1,624$717
24 years$4,397$3,392$2,586$1,951$1,460$617
25 years$4,177$3,184$2,395$1,782$1,314$531
26 years$3,973$2,992$2,222$1,630$1,183$457
27 years$3,785$2,816$2,063$1,492$1,067$394
28 years$3,611$2,653$1,918$1,367$963$340
29 years$3,449$2,503$1,785$1,253$869$293
30 years$3,298$2,364$1,662$1,150$785$253
31 years$3,157$2,235$1,550$1,056$710$218
32 years$3,025$2,115$1,446$971$642$188
33 years$2,901$2,003$1,350$893$581$162
34 years$2,785$1,898$1,261$821$526$140
35 years$2,676$1,800$1,179$756$477$121
36 years$2,573$1,709$1,103$696$432$104
37 years$2,476$1,623$1,033$642$391$90
38 years$2,384$1,542$967$591$355$78
39 years$2,297$1,467$906$545$322$67
40 years$2,215$1,395$849$503$292$58
41 years$2,137$1,328$796$464$265$50
42 years$2,062$1,265$747$428$240$43
43 years$1,992$1,205$701$395$218$38
44 years$1,925$1,149$658$365$198$32
45 years$1,861$1,095$618$337$180$28
46 years$1,800$1,045$580$311$163$24
47 years$1,742$997$545$288$148$21
48 years$1,686$952$512$266$135$18
49 years$1,633$909$481$246$122$16
50 years$1,582$868$453$227$111$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,620,000, adding $2,518 every year, while hoping to spend $58,590 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: 67/18/15 Blend
34$1,620,000$1,620,000$1,620,000$1,620,000
35$1,787,837$1,701,977$1,676,867$1,901,142
36$1,907,857$1,723,035$1,670,703$1,998,115
37$2,038,156$1,743,161$1,662,369$2,096,989
38$2,179,719$1,762,247$1,651,729$2,203,632
39$2,333,633$1,780,179$1,638,644$2,318,802
40$2,501,090$1,796,835$1,622,966$2,443,334
41$2,683,405$1,812,084$1,604,539$2,578,150
42$2,882,023$1,825,787$1,583,202$2,724,265
43$3,098,535$1,837,796$1,558,785$2,882,801
44$3,334,692$1,847,953$1,531,110$3,054,993
45$3,592,419$1,856,092$1,499,991$3,242,203
46$3,873,839$1,862,034$1,465,234$3,445,934
47$4,181,286$1,865,589$1,426,635$3,667,842
48$4,517,331$1,866,556$1,383,980$3,909,754
49$4,884,802$1,864,721$1,337,048$4,173,685
50$5,286,818$1,859,858$1,285,604$4,461,857
51$5,726,807$1,851,725$1,229,406$4,776,720
52$6,208,549$1,840,067$1,168,198$5,120,976
53$6,736,202$1,824,612$1,101,715$5,497,604
54$7,314,350$1,805,073$1,029,677$5,909,890
55$7,948,036$1,781,144$951,794$6,361,456
56$8,642,819$1,752,503$867,762$6,856,298
57$9,404,819$1,718,808$777,264$7,398,821
58$10,240,775$1,679,695$679,968$7,993,882
59$11,158,115$1,634,780$575,527$8,646,838
60$12,165,015$1,583,657$463,580$9,363,595
61$13,270,486$1,525,896$343,749$10,150,665
62$14,484,451$1,461,040$215,640$11,015,228
63$15,817,843$1,388,608$78,841$11,965,202
64$17,282,703$1,308,090$0$13,009,315
65$18,892,300$1,218,948$0$14,167,940
66$20,661,248$1,120,610$0$15,455,106
67$22,605,650$1,012,475$0$16,869,955
68$24,743,245$893,905$0$18,425,464
69$27,093,577$764,227$0$20,135,937
70$29,678,179$622,731$0$22,017,136
71$32,520,773$468,664$0$24,086,436
72$35,647,497$301,234$0$26,362,984
73$39,087,150$119,603$0$28,867,884
74$42,871,461$0$0$31,624,398
75$47,035,390$0$0$34,673,434
76$51,617,458$0$0$38,054,836
77$56,660,108$0$0$41,776,249
78$62,210,104$0$0$45,872,201
79$68,318,976$0$0$50,380,735
80$75,043,501$0$0$55,343,771
81$82,446,242$0$0$60,807,499
82$90,596,133$0$0$66,822,816
83$99,569,136$0$0$73,445,802
84$109,448,949$0$0$80,738,256
85$120,327,801$0$0$88,768,271
86$132,307,320$0$0$97,610,881
87$145,499,492$0$0$107,348,766
88$160,027,716$0$0$118,073,036
89$176,027,967$0$0$129,884,084
90$193,650,084$0$0$142,892,539
91$213,059,174$0$0$157,220,304
92$234,437,181$0$0$173,001,713
93$257,984,592$0$0$190,384,791
94$283,922,337$0$0$209,532,655
95$312,493,865$0$0$230,625,053
96$343,967,450$0$0$253,860,057
97$378,638,716$0$0$279,455,936
98$416,833,429$0$0$307,653,213
99$458,910,569$0$0$338,716,934
100$505,265,722$0$0$372,939,172