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%11.5%
1 years$133,778$132,586$131,424$130,289$129,181$128,367
2 years$66,227$64,993$63,798$62,639$61,515$60,694
3 years$43,713$42,474$41,282$40,133$39,028$38,225
4 years$32,458$31,223$30,042$28,914$27,835$27,056
5 years$25,707$24,479$23,314$22,209$21,160$20,408
6 years$21,207$19,989$18,841$17,760$16,743$16,019
7 years$17,995$16,787$15,657$14,602$13,616$12,921
8 years$15,586$14,389$13,279$12,249$11,296$10,629
9 years$13,714$12,528$11,437$10,434$9,513$8,873
10 years$12,217$11,043$9,971$8,994$8,106$7,494
11 years$10,994$9,831$8,778$7,827$6,971$6,386
12 years$9,974$8,824$7,790$6,866$6,041$5,483
13 years$9,113$7,974$6,960$6,061$5,268$4,736
14 years$8,375$7,248$6,254$5,381$4,618$4,112
15 years$7,736$6,622$5,646$4,798$4,066$3,585
16 years$7,177$6,075$5,119$4,297$3,593$3,136
17 years$6,685$5,595$4,658$3,860$3,186$2,753
18 years$6,248$5,170$4,252$3,479$2,833$2,422
19 years$5,857$4,791$3,893$3,144$2,525$2,136
20 years$5,506$4,452$3,573$2,847$2,255$1,888
21 years$5,189$4,147$3,286$2,584$2,018$1,671
22 years$4,900$3,871$3,029$2,349$1,809$1,481
23 years$4,638$3,621$2,797$2,140$1,624$1,315
24 years$4,397$3,392$2,586$1,951$1,460$1,169
25 years$4,177$3,184$2,395$1,782$1,314$1,040
26 years$3,973$2,992$2,222$1,630$1,183$926
27 years$3,785$2,816$2,063$1,492$1,067$825
28 years$3,611$2,653$1,918$1,367$963$735
29 years$3,449$2,503$1,785$1,253$869$656
30 years$3,298$2,364$1,662$1,150$785$586
31 years$3,157$2,235$1,550$1,056$710$523
32 years$3,025$2,115$1,446$971$642$468
33 years$2,901$2,003$1,350$893$581$418
34 years$2,785$1,898$1,261$821$526$374
35 years$2,676$1,800$1,179$756$477$334
36 years$2,573$1,709$1,103$696$432$299
37 years$2,476$1,623$1,033$642$391$268
38 years$2,384$1,542$967$591$355$240
39 years$2,297$1,467$906$545$322$215
40 years$2,215$1,395$849$503$292$192
41 years$2,137$1,328$796$464$265$172
42 years$2,062$1,265$747$428$240$154
43 years$1,992$1,205$701$395$218$138
44 years$1,925$1,149$658$365$198$124
45 years$1,861$1,095$618$337$180$111
46 years$1,800$1,045$580$311$163$99
47 years$1,742$997$545$288$148$89
48 years$1,686$952$512$266$135$80
49 years$1,633$909$481$246$122$72
50 years$1,582$868$453$227$111$64

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 $6,054 every year, while hoping to spend $30,030 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: 50/37/13 Blend
34$1,620,000$1,620,000$1,620,000$1,620,000
35$1,791,485$1,705,625$1,680,515$1,874,439
36$1,942,264$1,757,249$1,704,860$1,983,633
37$2,107,417$1,810,396$1,729,015$2,098,580
38$2,288,377$1,865,109$1,752,941$2,222,815
39$2,486,725$1,921,432$1,776,597$2,357,222
40$2,704,199$1,979,410$1,799,941$2,502,771
41$2,942,716$2,039,090$1,822,928$2,660,530
42$3,204,386$2,100,519$1,845,509$2,831,673
43$3,491,535$2,163,745$1,867,635$3,017,493
44$3,806,722$2,228,819$1,889,251$3,219,415
45$4,152,768$2,295,792$1,910,302$3,439,004
46$4,532,781$2,364,716$1,930,727$3,677,984
47$4,950,182$2,435,645$1,950,464$3,938,254
48$5,408,743$2,508,634$1,969,447$4,221,905
49$5,912,616$2,583,738$1,987,605$4,531,236
50$6,466,378$2,661,017$2,004,865$4,868,783
51$7,075,071$2,740,529$2,021,150$5,237,336
52$7,744,247$2,822,334$2,036,377$5,639,967
53$8,480,026$2,906,494$2,050,462$6,080,060
54$9,289,150$2,993,073$2,063,313$6,561,343
55$10,179,045$3,082,135$2,074,836$7,087,920
56$11,157,895$3,173,747$2,084,930$7,664,313
57$12,234,716$3,267,977$2,093,491$8,295,503
58$13,419,442$3,364,893$2,100,409$8,986,974
59$14,723,020$3,464,567$2,105,567$9,744,771
60$16,157,508$3,567,071$2,108,844$10,575,550
61$17,736,195$3,672,479$2,110,111$11,486,645
62$19,473,723$3,780,866$2,109,236$12,486,134
63$21,386,225$3,892,311$2,106,078$13,582,919
64$23,491,476$4,006,891$2,100,488$14,786,804
65$25,809,065$4,124,686$2,092,312$16,108,594
66$28,360,574$4,245,780$2,081,389$17,560,189
67$31,169,784$4,370,255$2,067,547$19,154,704
68$34,262,902$4,498,197$2,050,610$20,906,588
69$37,668,802$4,629,693$2,030,389$22,831,760
70$41,419,303$4,764,832$2,006,691$24,947,759
71$45,549,466$4,903,703$1,979,309$27,273,912
72$50,097,926$5,046,399$1,948,030$29,831,515
73$55,107,255$5,193,012$1,912,630$32,644,030
74$60,624,365$5,343,640$1,872,872$35,737,312
75$66,700,949$5,498,377$1,828,513$39,139,848
76$73,393,971$5,657,323$1,779,293$42,883,030
77$80,766,201$5,820,577$1,724,945$47,001,446
78$88,886,809$5,988,241$1,665,186$51,533,212
79$97,832,017$6,160,418$1,599,723$56,520,325
80$107,685,817$6,337,212$1,528,247$62,009,065
81$118,540,764$6,518,729$1,450,438$68,050,429
82$130,498,852$6,705,078$1,365,958$74,700,611
83$143,672,474$6,896,365$1,274,456$82,021,536
84$158,185,482$7,092,702$1,175,566$90,081,438
85$174,174,356$7,294,200$1,068,902$98,955,512
86$191,789,495$7,500,970$954,065$108,726,617
87$211,196,633$7,713,127$830,636$119,486,060
88$232,578,404$7,930,785$698,177$131,334,459
89$256,136,067$8,154,059$556,231$144,382,690
90$282,091,404$8,383,066$404,323$158,752,938
91$310,688,812$8,617,922$241,953$174,579,844
92$342,197,615$8,858,744$68,603$192,011,782
93$376,914,600$9,105,651$0$211,212,254
94$415,166,822$9,358,760$0$232,377,583
95$457,314,689$9,618,190$0$255,701,379
96$503,755,365$9,884,059$0$281,393,002
97$554,926,519$10,156,485$0$309,693,650
98$611,310,456$10,435,585$0$340,869,120
99$673,438,670$10,721,476$0$375,212,310
100$741,896,859$11,014,274$0$413,045,984