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%19.2%
1 years$135,430$134,223$133,046$131,898$130,776$125,936
2 years$67,044$65,796$64,586$63,412$62,274$57,452
3 years$44,252$42,998$41,791$40,629$39,509$34,858
4 years$32,858$31,608$30,413$29,271$28,178$23,732
5 years$26,024$24,781$23,602$22,483$21,421$17,192
6 years$21,469$20,236$19,074$17,980$16,950$12,941
7 years$18,217$16,994$15,850$14,782$13,784$9,995
8 years$15,779$14,567$13,442$12,400$11,436$7,861
9 years$13,884$12,683$11,578$10,562$9,630$6,267
10 years$12,368$11,180$10,094$9,105$8,206$5,047
11 years$11,129$9,953$8,887$7,924$7,057$4,096
12 years$10,098$8,933$7,887$6,950$6,116$3,345
13 years$9,225$8,073$7,046$6,136$5,333$2,745
14 years$8,478$7,338$6,331$5,447$4,675$2,262
15 years$7,831$6,703$5,716$4,858$4,116$1,869
16 years$7,266$6,150$5,182$4,350$3,638$1,549
17 years$6,767$5,664$4,716$3,908$3,225$1,286
18 years$6,325$5,234$4,305$3,522$2,868$1,070
19 years$5,929$4,851$3,941$3,182$2,556$891
20 years$5,574$4,507$3,617$2,882$2,283$743
21 years$5,253$4,199$3,327$2,616$2,043$620
22 years$4,961$3,919$3,066$2,378$1,832$518
23 years$4,695$3,666$2,831$2,166$1,644$433
24 years$4,452$3,434$2,618$1,976$1,478$362
25 years$4,228$3,223$2,425$1,804$1,330$303
26 years$4,022$3,029$2,249$1,650$1,198$254
27 years$3,832$2,851$2,088$1,510$1,080$213
28 years$3,655$2,686$1,941$1,383$974$178
29 years$3,491$2,534$1,807$1,269$880$149
30 years$3,338$2,393$1,683$1,164$795$125
31 years$3,196$2,262$1,569$1,069$719$105
32 years$3,062$2,141$1,464$983$650$88
33 years$2,937$2,027$1,367$904$588$74
34 years$2,819$1,921$1,277$831$533$62
35 years$2,709$1,822$1,194$765$483$52
36 years$2,605$1,730$1,117$705$437$43
37 years$2,506$1,643$1,045$650$396$36
38 years$2,413$1,561$979$599$359$31
39 years$2,325$1,485$917$552$326$26
40 years$2,242$1,412$860$509$295$22
41 years$2,163$1,345$806$470$268$18
42 years$2,088$1,281$756$434$243$15
43 years$2,017$1,220$710$400$221$13
44 years$1,949$1,163$666$370$200$11
45 years$1,884$1,109$625$341$182$9
46 years$1,822$1,058$587$315$165$7
47 years$1,763$1,010$552$291$150$6
48 years$1,707$964$519$269$136$5
49 years$1,653$920$487$249$124$4
50 years$1,601$879$458$230$112$4

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 $2,869 every year, while hoping to spend $36,658 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: 24/46/30 Blend
34$1,640,000$1,640,000$1,640,000$1,640,000
35$1,810,239$1,723,319$1,697,899$1,836,607
36$1,955,880$1,768,758$1,715,775$1,904,990
37$2,115,147$1,815,195$1,733,021$1,974,938
38$2,289,393$1,862,640$1,749,578$2,049,122
39$2,480,104$1,911,102$1,765,381$2,127,920
40$2,688,919$1,960,591$1,780,366$2,211,751
41$2,917,642$2,011,113$1,794,462$2,301,073
42$3,168,260$2,062,677$1,807,596$2,396,392
43$3,442,962$2,115,287$1,819,689$2,498,265
44$3,744,157$2,168,948$1,830,661$2,607,308
45$4,074,499$2,223,665$1,840,426$2,724,198
46$4,436,911$2,279,438$1,848,894$2,849,679
47$4,834,615$2,336,269$1,855,971$2,984,577
48$5,271,156$2,394,156$1,861,556$3,129,796
49$5,750,441$2,453,098$1,865,546$3,286,338
50$6,276,775$2,513,088$1,867,830$3,455,304
51$6,854,898$2,574,122$1,868,295$3,637,910
52$7,490,034$2,636,190$1,866,819$3,835,495
53$8,187,935$2,699,281$1,863,275$4,049,536
54$8,954,941$2,763,382$1,857,531$4,281,663
55$9,798,034$2,828,477$1,849,447$4,533,671
56$10,724,907$2,894,547$1,838,878$4,807,541
57$11,744,038$2,961,569$1,825,670$5,105,457
58$12,864,763$3,029,519$1,809,664$5,429,827
59$14,097,371$3,098,368$1,790,690$5,783,305
60$15,453,198$3,168,083$1,768,573$6,168,821
61$16,944,733$3,238,628$1,743,129$6,589,601
62$18,585,737$3,309,962$1,714,165$7,049,207
63$20,391,372$3,382,040$1,681,479$7,551,564
64$22,378,342$3,454,810$1,644,859$8,101,001
65$24,565,056$3,528,219$1,604,085$8,702,291
66$26,971,794$3,602,204$1,558,924$9,360,696
67$29,620,905$3,676,700$1,509,136$10,082,021
68$32,537,011$3,751,632$1,454,466$10,872,664
69$35,747,246$3,826,922$1,394,650$11,739,680
70$39,281,506$3,902,481$1,329,411$12,690,849
71$43,172,733$3,978,217$1,258,460$13,734,749
72$47,457,228$4,054,025$1,181,495$14,880,838
73$52,174,988$4,129,796$1,098,198$16,139,541
74$57,370,090$4,205,409$1,008,241$17,522,358
75$63,091,099$4,280,734$911,277$19,041,962
76$69,391,534$4,355,632$806,947$20,712,330
77$76,330,364$4,429,952$694,874$22,548,868
78$83,972,573$4,503,532$574,664$24,568,564
79$92,389,768$4,576,197$445,908$26,790,145
80$101,660,855$4,647,761$308,176$29,234,256
81$111,872,783$4,718,022$161,021$31,923,660
82$123,121,367$4,786,766$3,975$34,883,448
83$135,512,190$4,853,761$0$38,141,283
84$149,161,599$4,918,761$0$41,780,035
85$164,197,803$4,981,501$0$45,785,708
86$180,762,085$5,041,700$0$50,194,257
87$199,010,130$5,099,056$0$55,046,711
88$219,113,501$5,153,248$0$60,388,288
89$241,261,252$5,203,931$0$66,268,823
90$265,661,717$5,250,741$0$72,743,237
91$292,544,471$5,293,286$0$79,872,059
92$322,162,502$5,331,152$0$87,721,996
93$354,794,594$5,363,895$0$96,366,567
94$390,747,963$5,391,046$0$105,886,794
95$430,361,151$5,412,104$0$116,371,973
96$474,007,227$5,426,535$0$127,920,514
97$522,097,303$5,433,774$0$140,640,872
98$575,084,420$5,433,221$0$154,652,577
99$633,467,818$5,424,236$0$170,087,356
100$697,797,653$5,406,141$0$187,090,386