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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.3%
1 years$133,778$132,586$131,424$130,289$129,181$126,884
2 years$66,227$64,993$63,798$62,639$61,515$59,209
3 years$43,713$42,474$41,282$40,133$39,028$36,784
4 years$32,458$31,223$30,042$28,914$27,835$25,671
5 years$25,707$24,479$23,314$22,209$21,160$19,082
6 years$21,207$19,989$18,841$17,760$16,743$14,753
7 years$17,995$16,787$15,657$14,602$13,616$11,716
8 years$15,586$14,389$13,279$12,249$11,296$9,484
9 years$13,714$12,528$11,437$10,434$9,513$7,788
10 years$12,217$11,043$9,971$8,994$8,106$6,466
11 years$10,994$9,831$8,778$7,827$6,971$5,416
12 years$9,974$8,824$7,790$6,866$6,041$4,568
13 years$9,113$7,974$6,960$6,061$5,268$3,874
14 years$8,375$7,248$6,254$5,381$4,618$3,301
15 years$7,736$6,622$5,646$4,798$4,066$2,824
16 years$7,177$6,075$5,119$4,297$3,593$2,424
17 years$6,685$5,595$4,658$3,860$3,186$2,085
18 years$6,248$5,170$4,252$3,479$2,833$1,799
19 years$5,857$4,791$3,893$3,144$2,525$1,554
20 years$5,506$4,452$3,573$2,847$2,255$1,346
21 years$5,189$4,147$3,286$2,584$2,018$1,166
22 years$4,900$3,871$3,029$2,349$1,809$1,012
23 years$4,638$3,621$2,797$2,140$1,624$880
24 years$4,397$3,392$2,586$1,951$1,460$765
25 years$4,177$3,184$2,395$1,782$1,314$666
26 years$3,973$2,992$2,222$1,630$1,183$580
27 years$3,785$2,816$2,063$1,492$1,067$505
28 years$3,611$2,653$1,918$1,367$963$440
29 years$3,449$2,503$1,785$1,253$869$384
30 years$3,298$2,364$1,662$1,150$785$335
31 years$3,157$2,235$1,550$1,056$710$293
32 years$3,025$2,115$1,446$971$642$255
33 years$2,901$2,003$1,350$893$581$223
34 years$2,785$1,898$1,261$821$526$195
35 years$2,676$1,800$1,179$756$477$170
36 years$2,573$1,709$1,103$696$432$149
37 years$2,476$1,623$1,033$642$391$130
38 years$2,384$1,542$967$591$355$114
39 years$2,297$1,467$906$545$322$99
40 years$2,215$1,395$849$503$292$87
41 years$2,137$1,328$796$464$265$76
42 years$2,062$1,265$747$428$240$66
43 years$1,992$1,205$701$395$218$58
44 years$1,925$1,149$658$365$198$51
45 years$1,861$1,095$618$337$180$44
46 years$1,800$1,045$580$311$163$39
47 years$1,742$997$545$288$148$34
48 years$1,686$952$512$266$135$30
49 years$1,633$909$481$246$122$26
50 years$1,582$868$453$227$111$23

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 $3,509 every year, while hoping to spend $59,013 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: 39/41/20 Blend
34$1,620,000$1,620,000$1,620,000$1,620,000
35$1,788,860$1,703,000$1,677,890$1,847,838
36$1,908,534$1,723,657$1,671,309$1,911,217
37$2,038,437$1,743,349$1,662,531$1,973,833
38$2,179,550$1,761,966$1,651,418$2,040,327
39$2,332,952$1,779,390$1,637,829$2,111,081
40$2,499,831$1,795,498$1,621,614$2,186,523
41$2,681,492$1,810,156$1,602,616$2,267,123
42$2,879,373$1,823,222$1,580,673$2,353,406
43$3,095,055$1,834,546$1,555,611$2,445,951
44$3,330,280$1,843,968$1,527,253$2,545,400
45$3,586,963$1,851,316$1,495,410$2,652,464
46$3,867,212$1,856,410$1,459,886$2,767,932
47$4,173,350$1,859,056$1,420,474$2,892,675
48$4,507,932$1,859,051$1,376,961$3,027,660
49$4,873,772$1,856,175$1,329,119$3,173,956
50$5,273,967$1,850,198$1,276,716$3,332,747
51$5,711,929$1,840,875$1,219,503$3,505,342
52$6,191,414$1,827,946$1,157,224$3,693,191
53$6,716,557$1,811,134$1,089,610$3,897,897
54$7,291,914$1,790,148$1,016,381$4,121,234
55$7,922,501$1,764,677$937,241$4,365,165
56$8,613,843$1,734,392$851,885$4,631,859
57$9,372,023$1,698,946$759,992$4,923,715
58$10,203,745$1,657,969$661,226$5,243,387
59$11,116,388$1,611,072$555,239$5,593,805
60$12,118,085$1,557,840$441,665$5,978,213
61$13,217,792$1,497,836$320,123$6,400,192
62$14,425,374$1,430,597$190,214$6,863,702
63$15,751,700$1,355,634$51,524$7,373,117
64$17,208,741$1,272,428$0$7,933,270
65$18,809,687$1,180,431$0$8,570,091
66$20,569,068$1,079,065$0$9,281,959
67$22,502,891$967,717$0$10,064,485
68$24,628,790$845,740$0$10,924,968
69$26,966,195$712,450$0$11,871,464
70$29,536,512$567,124$0$12,912,860
71$32,363,323$409,000$0$14,058,964
72$35,472,613$237,272$0$15,320,596
73$38,893,010$51,089$0$16,709,692
74$42,656,056$0$0$18,239,421
75$46,796,506$0$0$19,992,189
76$51,352,652$0$0$21,946,549
77$56,366,686$0$0$24,097,581
78$61,885,097$0$0$26,465,262
79$67,959,111$0$0$29,071,602
80$74,645,168$0$0$31,940,856
81$82,005,461$0$0$35,099,749
82$90,108,519$0$0$38,577,727
83$99,029,851$0$0$42,407,240
84$108,852,662$0$0$46,624,043
85$119,668,636$0$0$51,267,535
86$131,578,799$0$0$56,381,129
87$144,694,473$0$0$62,012,666
88$159,138,327$0$0$68,214,861
89$175,045,532$0$0$75,045,802
90$192,565,037$0$0$82,569,499
91$211,860,976$0$0$90,856,487
92$233,114,210$0$0$99,984,493
93$256,524,042$0$0$110,039,166
94$282,310,090$0$0$121,114,887
95$310,714,365$0$0$133,315,661
96$342,003,547$0$0$146,756,097
97$376,471,510$0$0$161,562,487
98$414,442,089$0$0$177,874,003
99$456,272,137$0$0$195,844,006
100$502,354,894$0$0$215,641,495