Can I retire at age 35 with 1,640,000?

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 $1,640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$135,430$134,223$133,046$131,898$130,776$127,459
2 years$67,044$65,796$64,586$63,412$62,274$58,954
3 years$44,252$42,998$41,791$40,629$39,509$36,290
4 years$32,858$31,608$30,413$29,271$28,178$25,084
5 years$26,024$24,781$23,602$22,483$21,421$18,461
6 years$21,469$20,236$19,074$17,980$16,950$14,126
7 years$18,217$16,994$15,850$14,782$13,784$11,098
8 years$15,779$14,567$13,442$12,400$11,436$8,885
9 years$13,884$12,683$11,578$10,562$9,630$7,214
10 years$12,368$11,180$10,094$9,105$8,206$5,920
11 years$11,129$9,953$8,887$7,924$7,057$4,899
12 years$10,098$8,933$7,887$6,950$6,116$4,081
13 years$9,225$8,073$7,046$6,136$5,333$3,418
14 years$8,478$7,338$6,331$5,447$4,675$2,875
15 years$7,831$6,703$5,716$4,858$4,116$2,427
16 years$7,266$6,150$5,182$4,350$3,638$2,055
17 years$6,767$5,664$4,716$3,908$3,225$1,744
18 years$6,325$5,234$4,305$3,522$2,868$1,484
19 years$5,929$4,851$3,941$3,182$2,556$1,264
20 years$5,574$4,507$3,617$2,882$2,283$1,079
21 years$5,253$4,199$3,327$2,616$2,043$922
22 years$4,961$3,919$3,066$2,378$1,832$788
23 years$4,695$3,666$2,831$2,166$1,644$675
24 years$4,452$3,434$2,618$1,976$1,478$578
25 years$4,228$3,223$2,425$1,804$1,330$495
26 years$4,022$3,029$2,249$1,650$1,198$425
27 years$3,832$2,851$2,088$1,510$1,080$365
28 years$3,655$2,686$1,941$1,383$974$313
29 years$3,491$2,534$1,807$1,269$880$269
30 years$3,338$2,393$1,683$1,164$795$231
31 years$3,196$2,262$1,569$1,069$719$198
32 years$3,062$2,141$1,464$983$650$171
33 years$2,937$2,027$1,367$904$588$147
34 years$2,819$1,921$1,277$831$533$126
35 years$2,709$1,822$1,194$765$483$108
36 years$2,605$1,730$1,117$705$437$93
37 years$2,506$1,643$1,045$650$396$80
38 years$2,413$1,561$979$599$359$69
39 years$2,325$1,485$917$552$326$59
40 years$2,242$1,412$860$509$295$51
41 years$2,163$1,345$806$470$268$44
42 years$2,088$1,281$756$434$243$38
43 years$2,017$1,220$710$400$221$32
44 years$1,949$1,163$666$370$200$28
45 years$1,884$1,109$625$341$182$24
46 years$1,822$1,058$587$315$165$21
47 years$1,763$1,010$552$291$150$18
48 years$1,707$964$519$269$136$15
49 years$1,653$920$487$249$124$13
50 years$1,601$879$458$230$112$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,640,000, adding $5,273 every year, while hoping to spend $28,140 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: 32/43/25 Blend
34$1,640,000$1,640,000$1,640,000$1,640,000
35$1,812,719$1,725,799$1,700,379$1,856,691
36$1,967,676$1,780,423$1,727,401$1,945,152
37$2,137,495$1,836,779$1,754,385$2,037,489
38$2,323,662$1,894,925$1,781,300$2,136,381
39$2,527,816$1,954,916$1,808,114$2,242,424
40$2,751,758$2,016,812$1,834,790$2,356,271
41$2,997,474$2,080,672$1,861,293$2,478,640
42$3,267,152$2,146,561$1,887,582$2,610,321
43$3,563,201$2,214,542$1,913,615$2,752,181
44$3,888,276$2,284,682$1,939,349$2,905,175
45$4,245,299$2,357,051$1,964,736$3,070,353
46$4,637,492$2,431,719$1,989,727$3,248,871
47$5,068,402$2,508,759$2,014,270$3,441,999
48$5,541,939$2,588,248$2,038,307$3,651,135
49$6,062,408$2,670,263$2,061,782$3,877,818
50$6,634,553$2,754,886$2,084,631$4,123,741
51$7,263,601$2,842,199$2,106,790$4,390,769
52$7,955,311$2,932,289$2,128,190$4,680,953
53$8,716,025$3,025,244$2,148,757$4,996,551
54$9,552,735$3,121,156$2,168,416$5,340,049
55$10,473,141$3,220,120$2,187,084$5,714,187
56$11,485,728$3,322,232$2,204,678$6,121,977
57$12,599,845$3,427,595$2,221,108$6,566,739
58$13,825,793$3,536,311$2,236,279$7,052,128
59$15,174,922$3,648,488$2,250,093$7,582,169
60$16,659,738$3,764,238$2,262,444$8,161,296
61$18,294,019$3,883,673$2,273,224$8,794,392
62$20,092,949$4,006,913$2,282,317$9,486,833
63$22,073,257$4,134,080$2,289,602$10,244,544
64$24,253,379$4,265,299$2,294,953$11,074,048
65$26,653,624$4,400,700$2,298,235$11,982,534
66$29,296,377$4,540,417$2,299,309$12,977,917
67$32,206,299$4,684,589$2,298,027$14,068,921
68$35,410,566$4,833,358$2,294,236$15,265,153
69$38,939,125$4,986,873$2,287,773$16,577,198
70$42,824,971$5,145,286$2,278,470$18,016,717
71$47,104,467$5,308,753$2,266,147$19,596,558
72$51,817,678$5,477,438$2,250,619$21,330,875
73$57,008,757$5,651,509$2,231,690$23,235,263
74$62,726,355$5,831,137$2,209,156$25,326,904
75$69,024,082$6,016,502$2,182,802$27,624,728
76$75,961,017$6,207,789$2,152,404$30,149,595
77$83,602,258$6,405,188$2,117,727$32,924,486
78$92,019,542$6,608,896$2,078,525$35,974,723
79$101,291,919$6,819,115$2,034,539$39,328,209
80$111,506,500$7,036,057$1,985,501$43,015,687
81$122,759,277$7,259,937$1,931,129$47,071,032
82$135,156,028$7,490,980$1,871,128$51,531,572
83$148,813,321$7,729,416$1,805,188$56,438,438
84$163,859,606$7,975,483$1,732,988$61,836,950
85$180,436,432$8,229,428$1,654,190$67,777,049
86$198,699,784$8,491,506$1,568,441$74,313,766
87$218,821,551$8,761,979$1,475,373$81,507,738
88$240,991,152$9,041,119$1,374,601$89,425,785
89$265,417,321$9,329,205$1,265,721$98,141,538
90$292,330,079$9,626,527$1,148,314$107,736,134
91$321,982,904$9,933,384$1,021,939$118,298,981
92$354,655,125$10,250,084$886,139$129,928,601
93$390,654,556$10,576,947$740,433$142,733,564
94$430,320,404$10,914,301$584,321$156,833,507
95$474,026,470$11,262,486$417,280$172,360,265
96$522,184,676$11,621,854$238,765$189,459,116
97$575,248,956$11,992,768$48,207$208,290,153
98$633,719,538$12,375,602$0$229,029,791
99$698,147,667$12,770,743$0$251,913,823
100$769,140,811$13,178,591$0$277,131,508