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%17.1%
1 years$133,778$132,586$131,424$130,289$129,181$125,448
2 years$66,227$64,993$63,798$62,639$61,515$57,784
3 years$43,713$42,474$41,282$40,133$39,028$35,415
4 years$32,458$31,223$30,042$28,914$27,835$24,368
5 years$25,707$24,479$23,314$22,209$21,160$17,849
6 years$21,207$19,989$18,841$17,760$16,743$13,591
7 years$17,995$16,787$15,657$14,602$13,616$10,624
8 years$15,586$14,389$13,279$12,249$11,296$8,460
9 years$13,714$12,528$11,437$10,434$9,513$6,831
10 years$12,217$11,043$9,971$8,994$8,106$5,575
11 years$10,994$9,831$8,778$7,827$6,971$4,587
12 years$9,974$8,824$7,790$6,866$6,041$3,798
13 years$9,113$7,974$6,960$6,061$5,268$3,162
14 years$8,375$7,248$6,254$5,381$4,618$2,643
15 years$7,736$6,622$5,646$4,798$4,066$2,217
16 years$7,177$6,075$5,119$4,297$3,593$1,865
17 years$6,685$5,595$4,658$3,860$3,186$1,573
18 years$6,248$5,170$4,252$3,479$2,833$1,329
19 years$5,857$4,791$3,893$3,144$2,525$1,125
20 years$5,506$4,452$3,573$2,847$2,255$953
21 years$5,189$4,147$3,286$2,584$2,018$809
22 years$4,900$3,871$3,029$2,349$1,809$687
23 years$4,638$3,621$2,797$2,140$1,624$584
24 years$4,397$3,392$2,586$1,951$1,460$497
25 years$4,177$3,184$2,395$1,782$1,314$423
26 years$3,973$2,992$2,222$1,630$1,183$360
27 years$3,785$2,816$2,063$1,492$1,067$307
28 years$3,611$2,653$1,918$1,367$963$261
29 years$3,449$2,503$1,785$1,253$869$223
30 years$3,298$2,364$1,662$1,150$785$190
31 years$3,157$2,235$1,550$1,056$710$162
32 years$3,025$2,115$1,446$971$642$138
33 years$2,901$2,003$1,350$893$581$118
34 years$2,785$1,898$1,261$821$526$101
35 years$2,676$1,800$1,179$756$477$86
36 years$2,573$1,709$1,103$696$432$73
37 years$2,476$1,623$1,033$642$391$63
38 years$2,384$1,542$967$591$355$53
39 years$2,297$1,467$906$545$322$46
40 years$2,215$1,395$849$503$292$39
41 years$2,137$1,328$796$464$265$33
42 years$2,062$1,265$747$428$240$28
43 years$1,992$1,205$701$395$218$24
44 years$1,925$1,149$658$365$198$21
45 years$1,861$1,095$618$337$180$18
46 years$1,800$1,045$580$311$163$15
47 years$1,742$997$545$288$148$13
48 years$1,686$952$512$266$135$11
49 years$1,633$909$481$246$122$9
50 years$1,582$868$453$227$111$8

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 $2,436 every year, while hoping to spend $37,558 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: 31/49/20 Blend
34$1,620,000$1,620,000$1,620,000$1,620,000
35$1,787,753$1,701,893$1,676,783$1,831,956
36$1,930,142$1,745,324$1,692,994$1,908,922
37$2,085,796$1,789,625$1,708,489$1,988,149
38$2,256,029$1,834,798$1,723,204$2,072,646
39$2,442,286$1,880,845$1,737,074$2,162,894
40$2,646,160$1,927,767$1,750,026$2,259,423
41$2,869,403$1,975,563$1,761,987$2,362,816
42$3,113,948$2,024,231$1,772,880$2,473,716
43$3,381,920$2,073,767$1,782,620$2,592,831
44$3,675,661$2,124,167$1,791,123$2,720,940
45$3,997,751$2,175,423$1,798,298$2,858,902
46$4,351,029$2,227,527$1,804,049$3,007,663
47$4,738,625$2,280,467$1,808,276$3,168,266
48$5,163,986$2,334,231$1,810,874$3,341,861
49$5,630,907$2,388,803$1,811,733$3,529,712
50$6,143,570$2,444,165$1,810,737$3,733,216
51$6,706,582$2,500,297$1,807,764$3,953,911
52$7,325,016$2,557,174$1,802,687$4,193,492
53$8,004,463$2,614,771$1,795,372$4,453,827
54$8,751,082$2,673,058$1,785,680$4,736,976
55$9,571,655$2,732,000$1,773,463$5,045,209
56$10,473,657$2,791,562$1,758,568$5,381,029
57$11,465,323$2,851,702$1,740,833$5,747,195
58$12,555,725$2,912,374$1,720,090$6,146,746
59$13,754,857$2,973,528$1,696,161$6,583,037
60$15,073,732$3,035,111$1,668,862$7,059,762
61$16,524,482$3,097,061$1,637,998$7,580,996
62$18,120,476$3,159,313$1,603,367$8,151,230
63$19,876,441$3,221,796$1,564,757$8,775,415
64$21,808,607$3,284,433$1,521,945$9,459,010
65$23,934,854$3,347,139$1,474,699$10,208,031
66$26,274,884$3,409,824$1,422,777$11,029,113
67$28,850,405$3,472,388$1,365,922$11,929,568
68$31,685,337$3,534,726$1,303,872$12,917,459
69$34,806,036$3,596,722$1,236,346$14,001,673
70$38,241,543$3,658,253$1,163,055$15,192,008
71$42,023,859$3,719,186$1,083,696$16,499,264
72$46,188,244$3,779,377$997,951$17,935,349
73$50,773,551$3,838,673$905,489$19,513,389
74$55,822,594$3,896,909$805,964$21,247,852
75$61,382,550$3,953,909$699,014$23,154,690
76$67,505,401$4,009,481$584,263$25,251,488
77$74,248,431$4,063,425$461,314$27,557,627
78$81,674,760$4,115,522$329,758$30,094,475
79$89,853,944$4,165,541$189,163$32,885,586
80$98,862,628$4,213,234$39,082$35,956,923
81$108,785,271$4,258,337$0$39,337,108
82$119,714,941$4,300,568$0$43,083,526
83$131,754,194$4,339,626$0$47,215,695
84$145,016,045$4,375,190$0$51,763,708
85$159,625,025$4,406,918$0$56,769,931
86$175,718,369$4,434,448$0$62,281,059
87$193,447,298$4,457,392$0$68,348,552
88$212,978,456$4,475,338$0$75,029,127
89$234,495,478$4,487,848$0$82,385,291
90$258,200,722$4,494,459$0$90,485,934
91$284,317,183$4,494,674$0$99,406,980
92$313,090,592$4,487,969$0$109,232,105
93$344,791,740$4,473,787$0$120,053,530
94$379,719,031$4,451,537$0$131,972,889
95$418,201,300$4,420,590$0$145,102,197
96$460,600,914$4,380,280$0$159,564,901
97$507,317,196$4,329,903$0$175,497,054
98$558,790,191$4,268,709$0$193,048,600
99$615,504,821$4,195,906$0$212,384,787
100$677,995,461$4,110,654$0$233,687,736