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%17.3%
1 years$133,778$132,586$131,424$130,289$129,181$125,347
2 years$66,227$64,993$63,798$62,639$61,515$57,684
3 years$43,713$42,474$41,282$40,133$39,028$35,320
4 years$32,458$31,223$30,042$28,914$27,835$24,278
5 years$25,707$24,479$23,314$22,209$21,160$17,764
6 years$21,207$19,989$18,841$17,760$16,743$13,512
7 years$17,995$16,787$15,657$14,602$13,616$10,550
8 years$15,586$14,389$13,279$12,249$11,296$8,392
9 years$13,714$12,528$11,437$10,434$9,513$6,768
10 years$12,217$11,043$9,971$8,994$8,106$5,516
11 years$10,994$9,831$8,778$7,827$6,971$4,532
12 years$9,974$8,824$7,790$6,866$6,041$3,748
13 years$9,113$7,974$6,960$6,061$5,268$3,116
14 years$8,375$7,248$6,254$5,381$4,618$2,601
15 years$7,736$6,622$5,646$4,798$4,066$2,179
16 years$7,177$6,075$5,119$4,297$3,593$1,831
17 years$6,685$5,595$4,658$3,860$3,186$1,541
18 years$6,248$5,170$4,252$3,479$2,833$1,300
19 years$5,857$4,791$3,893$3,144$2,525$1,099
20 years$5,506$4,452$3,573$2,847$2,255$930
21 years$5,189$4,147$3,286$2,584$2,018$788
22 years$4,900$3,871$3,029$2,349$1,809$668
23 years$4,638$3,621$2,797$2,140$1,624$567
24 years$4,397$3,392$2,586$1,951$1,460$481
25 years$4,177$3,184$2,395$1,782$1,314$409
26 years$3,973$2,992$2,222$1,630$1,183$348
27 years$3,785$2,816$2,063$1,492$1,067$296
28 years$3,611$2,653$1,918$1,367$963$252
29 years$3,449$2,503$1,785$1,253$869$214
30 years$3,298$2,364$1,662$1,150$785$182
31 years$3,157$2,235$1,550$1,056$710$155
32 years$3,025$2,115$1,446$971$642$132
33 years$2,901$2,003$1,350$893$581$113
34 years$2,785$1,898$1,261$821$526$96
35 years$2,676$1,800$1,179$756$477$82
36 years$2,573$1,709$1,103$696$432$70
37 years$2,476$1,623$1,033$642$391$59
38 years$2,384$1,542$967$591$355$51
39 years$2,297$1,467$906$545$322$43
40 years$2,215$1,395$849$503$292$37
41 years$2,137$1,328$796$464$265$31
42 years$2,062$1,265$747$428$240$27
43 years$1,992$1,205$701$395$218$23
44 years$1,925$1,149$658$365$198$19
45 years$1,861$1,095$618$337$180$17
46 years$1,800$1,045$580$311$163$14
47 years$1,742$997$545$288$148$12
48 years$1,686$952$512$266$135$10
49 years$1,633$909$481$246$122$9
50 years$1,582$868$453$227$111$7

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 $6,993 every year, while hoping to spend $31,531 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: 39/50/11 Blend
34$1,620,000$1,620,000$1,620,000$1,620,000
35$1,792,453$1,706,593$1,681,483$1,856,138
36$1,941,735$1,756,668$1,704,264$1,951,920
37$2,105,186$1,808,139$1,726,752$2,051,793
38$2,284,220$1,861,042$1,748,902$2,159,078
39$2,480,390$1,915,413$1,770,670$2,274,457
40$2,695,410$1,971,288$1,792,008$2,398,680
41$2,931,166$2,028,705$1,812,864$2,532,570
42$3,189,734$2,087,702$1,833,185$2,677,036
43$3,473,404$2,148,316$1,852,913$2,833,073
44$3,784,695$2,210,587$1,871,990$3,001,778
45$4,126,383$2,274,555$1,890,351$3,184,360
46$4,501,527$2,340,261$1,907,930$3,382,145
47$4,913,494$2,407,745$1,924,657$3,596,595
48$5,365,995$2,477,049$1,940,458$3,829,319
49$5,863,118$2,548,216$1,955,255$4,082,086
50$6,409,366$2,621,289$1,968,966$4,356,845
51$7,009,700$2,696,311$1,981,505$4,655,742
52$7,669,585$2,773,326$1,992,781$4,981,138
53$8,395,043$2,852,379$2,002,699$5,335,635
54$9,192,707$2,933,515$2,011,159$5,722,094
55$10,069,886$3,016,781$2,018,056$6,143,670
56$11,034,632$3,102,221$2,023,279$6,603,835
57$12,095,818$3,189,882$2,026,711$7,106,414
58$13,263,217$3,279,812$2,028,232$7,655,617
59$14,547,600$3,372,058$2,027,713$8,256,086
60$15,960,833$3,466,667$2,025,019$8,912,928
61$17,515,992$3,563,688$2,020,011$9,631,773
62$19,227,483$3,663,167$2,012,541$10,418,821
63$21,111,178$3,765,155$2,002,453$11,280,902
64$23,184,569$3,869,698$1,989,586$12,225,541
65$25,466,927$3,976,846$1,973,769$13,261,024
66$27,979,488$4,086,646$1,954,825$14,396,486
67$30,745,651$4,199,146$1,932,567$15,641,986
68$33,791,199$4,314,395$1,906,799$17,008,608
69$37,144,541$4,432,441$1,877,317$18,508,564
70$40,836,983$4,553,329$1,843,906$20,155,309
71$44,903,021$4,677,108$1,806,342$21,963,669
72$49,380,666$4,803,823$1,764,392$23,949,977
73$54,311,803$4,933,520$1,717,808$26,132,230
74$59,742,587$5,066,242$1,666,334$28,530,259
75$65,723,876$5,202,033$1,609,702$31,165,916
76$72,311,715$5,340,936$1,547,630$34,063,276
77$79,567,859$5,482,992$1,479,825$37,248,870
78$87,560,361$5,628,239$1,405,980$40,751,930
79$96,364,211$5,776,715$1,325,773$44,604,671
80$106,062,043$5,928,457$1,238,869$48,842,586
81$116,744,917$6,083,497$1,144,917$53,504,791
82$128,513,178$6,241,868$1,043,551$58,634,386
83$141,477,400$6,403,597$934,388$64,278,865
84$155,759,433$6,568,712$817,028$70,490,566
85$171,493,551$6,737,234$691,054$77,327,162
86$188,827,718$6,909,184$556,029$84,852,206
87$207,924,988$7,084,576$411,499$93,135,732
88$228,965,039$7,263,423$256,987$102,254,914
89$252,145,875$7,445,733$91,998$112,294,798
90$277,685,688$7,631,507$0$123,349,102
91$305,824,920$7,820,744$0$135,530,969
92$336,828,537$8,013,434$0$148,956,504
93$370,988,520$8,209,566$0$163,740,378
94$408,626,632$8,409,117$0$180,020,867
95$450,097,445$8,612,060$0$197,950,345
96$495,791,694$8,818,361$0$217,696,723
97$546,139,963$9,027,976$0$239,445,035
98$601,616,746$9,240,855$0$263,399,181
99$662,744,933$9,456,935$0$289,783,857
100$730,100,738$9,676,146$0$318,846,670