Can I retire at age 35 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$134,604$133,405$132,235$131,093$129,978$126,580
2 years$66,636$65,395$64,192$63,026$61,895$58,493
3 years$43,982$42,736$41,536$40,381$39,268$35,971
4 years$32,658$31,416$30,228$29,092$28,007$24,839
5 years$25,865$24,630$23,458$22,346$21,290$18,261
6 years$21,338$20,112$18,958$17,870$16,846$13,958
7 years$18,106$16,890$15,754$14,692$13,700$10,954
8 years$15,683$14,478$13,361$12,325$11,366$8,759
9 years$13,799$12,606$11,507$10,498$9,572$7,103
10 years$12,293$11,111$10,032$9,049$8,156$5,821
11 years$11,061$9,892$8,832$7,876$7,014$4,811
12 years$10,036$8,878$7,839$6,908$6,078$4,003
13 years$9,169$8,023$7,003$6,099$5,300$3,348
14 years$8,426$7,293$6,292$5,414$4,646$2,812
15 years$7,784$6,662$5,681$4,828$4,091$2,371
16 years$7,222$6,113$5,151$4,323$3,616$2,004
17 years$6,726$5,629$4,687$3,884$3,206$1,699
18 years$6,286$5,202$4,279$3,500$2,850$1,443
19 years$5,893$4,821$3,917$3,163$2,541$1,228
20 years$5,540$4,480$3,595$2,865$2,269$1,046
21 years$5,221$4,173$3,306$2,600$2,031$892
22 years$4,931$3,895$3,047$2,364$1,820$762
23 years$4,666$3,643$2,814$2,153$1,634$651
24 years$4,425$3,413$2,602$1,964$1,469$557
25 years$4,202$3,203$2,410$1,793$1,322$477
26 years$3,998$3,011$2,235$1,640$1,190$408
27 years$3,808$2,833$2,076$1,501$1,073$350
28 years$3,633$2,670$1,930$1,375$968$300
29 years$3,470$2,519$1,796$1,261$875$257
30 years$3,318$2,379$1,673$1,157$790$220
31 years$3,176$2,249$1,559$1,063$714$189
32 years$3,043$2,128$1,455$977$646$162
33 years$2,919$2,015$1,358$898$585$139
34 years$2,802$1,910$1,269$826$529$119
35 years$2,692$1,811$1,187$761$480$103
36 years$2,589$1,719$1,110$701$435$88
37 years$2,491$1,633$1,039$646$394$76
38 years$2,399$1,552$973$595$357$65
39 years$2,311$1,476$912$549$324$56
40 years$2,228$1,404$854$506$294$48
41 years$2,150$1,336$801$467$266$41
42 years$2,075$1,273$752$431$242$35
43 years$2,004$1,213$705$398$219$30
44 years$1,937$1,156$662$367$199$26
45 years$1,872$1,102$622$339$181$22
46 years$1,811$1,052$584$313$164$19
47 years$1,752$1,003$548$289$149$17
48 years$1,696$958$515$267$135$14
49 years$1,643$915$484$247$123$12
50 years$1,591$874$455$228$112$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,630,000, adding $2,307 every year, while hoping to spend $22,944 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: 35/47/18 Blend
34$1,630,000$1,630,000$1,630,000$1,630,000
35$1,798,640$1,712,250$1,686,985$1,851,601
36$1,957,689$1,771,738$1,719,086$1,949,983
37$2,132,192$1,833,372$1,751,495$2,053,755
38$2,323,701$1,897,232$1,784,195$2,165,240
39$2,533,926$1,963,404$1,817,173$2,285,136
40$2,764,750$2,031,974$1,850,412$2,414,210
41$3,018,247$2,103,034$1,883,893$2,553,303
42$3,296,703$2,176,677$1,917,599$2,703,341
43$3,602,635$2,253,003$1,951,507$2,865,338
44$3,938,817$2,332,114$1,985,596$3,040,410
45$4,308,304$2,414,115$2,019,841$3,229,785
46$4,714,462$2,499,118$2,054,216$3,434,810
47$5,161,000$2,587,237$2,088,695$3,656,967
48$5,652,003$2,678,592$2,123,247$3,897,885
49$6,191,972$2,773,308$2,157,841$4,159,357
50$6,785,867$2,871,515$2,192,443$4,443,353
51$7,439,153$2,973,346$2,227,017$4,752,040
52$8,157,849$3,078,943$2,261,525$5,087,802
53$8,948,590$3,188,451$2,295,926$5,453,262
54$9,818,683$3,302,021$2,330,176$5,851,307
55$10,776,181$3,419,813$2,364,230$6,285,111
56$11,829,958$3,541,991$2,398,038$6,758,169
57$12,989,791$3,668,725$2,431,549$7,274,327
58$14,266,451$3,800,194$2,464,708$7,837,817
59$15,671,810$3,936,584$2,497,456$8,453,299
60$17,218,945$4,078,088$2,529,732$9,125,901
61$18,922,270$4,224,907$2,561,470$9,861,268
62$20,797,664$4,377,250$2,592,602$10,665,617
63$22,862,626$4,535,335$2,623,055$11,545,791
64$25,136,438$4,699,391$2,652,751$12,509,323
65$27,640,346$4,869,652$2,681,609$13,564,512
66$30,397,762$5,046,366$2,709,544$14,720,491
67$33,434,485$5,229,789$2,736,464$15,987,323
68$36,778,942$5,420,188$2,762,276$17,376,084
69$40,462,459$5,617,843$2,786,877$18,898,978
70$44,519,555$5,823,042$2,810,163$20,569,439
71$48,988,268$6,036,089$2,832,021$22,402,270
72$53,910,512$6,257,298$2,852,335$24,413,769
73$59,332,477$6,486,998$2,870,981$26,621,890
74$65,305,059$6,725,531$2,887,828$29,046,410
75$71,884,346$6,973,253$2,902,741$31,709,111
76$79,132,142$7,230,536$2,915,577$34,633,989
77$87,116,556$7,497,767$2,926,183$37,847,475
78$95,912,636$7,775,349$2,934,402$41,378,687
79$105,603,088$8,063,704$2,940,067$45,259,699
80$116,279,048$8,363,271$2,943,005$49,525,847
81$128,040,946$8,674,506$2,943,030$54,216,059
82$140,999,452$8,997,887$2,939,952$59,373,220
83$155,276,524$9,333,911$2,933,568$65,044,576
84$171,006,553$9,683,096$2,923,666$71,282,180
85$188,337,638$10,045,985$2,910,025$78,143,377
86$207,432,979$10,423,139$2,892,413$85,691,350
87$228,472,419$10,815,149$2,870,585$93,995,709
88$251,654,142$11,222,628$2,844,286$103,133,148
89$277,196,543$11,646,215$2,813,248$113,188,169
90$305,340,290$12,086,579$2,777,191$124,253,875
91$336,350,594$12,544,417$2,735,822$136,432,847
92$370,519,716$13,020,454$2,688,833$149,838,111
93$408,169,721$13,515,451$2,635,903$164,594,202
94$449,655,522$14,030,197$2,576,696$180,838,339
95$495,368,229$14,565,520$2,510,858$198,721,713
96$545,738,838$15,122,280$2,438,021$218,410,917
97$601,242,305$15,701,378$2,357,801$240,089,514
98$662,402,027$16,303,752$2,269,794$263,959,765
99$729,794,780$16,930,382$2,173,578$290,244,538
100$804,056,167$17,582,290$2,068,713$319,189,409