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%19.6%
1 years$135,430$134,223$133,046$131,898$130,776$125,736
2 years$67,044$65,796$64,586$63,412$62,274$57,257
3 years$44,252$42,998$41,791$40,629$39,509$34,672
4 years$32,858$31,608$30,413$29,271$28,178$23,558
5 years$26,024$24,781$23,602$22,483$21,421$17,030
6 years$21,469$20,236$19,074$17,980$16,950$12,791
7 years$18,217$16,994$15,850$14,782$13,784$9,856
8 years$15,779$14,567$13,442$12,400$11,436$7,734
9 years$13,884$12,683$11,578$10,562$9,630$6,150
10 years$12,368$11,180$10,094$9,105$8,206$4,940
11 years$11,129$9,953$8,887$7,924$7,057$3,999
12 years$10,098$8,933$7,887$6,950$6,116$3,257
13 years$9,225$8,073$7,046$6,136$5,333$2,666
14 years$8,478$7,338$6,331$5,447$4,675$2,190
15 years$7,831$6,703$5,716$4,858$4,116$1,805
16 years$7,266$6,150$5,182$4,350$3,638$1,491
17 years$6,767$5,664$4,716$3,908$3,225$1,235
18 years$6,325$5,234$4,305$3,522$2,868$1,024
19 years$5,929$4,851$3,941$3,182$2,556$850
20 years$5,574$4,507$3,617$2,882$2,283$707
21 years$5,253$4,199$3,327$2,616$2,043$588
22 years$4,961$3,919$3,066$2,378$1,832$490
23 years$4,695$3,666$2,831$2,166$1,644$408
24 years$4,452$3,434$2,618$1,976$1,478$341
25 years$4,228$3,223$2,425$1,804$1,330$284
26 years$4,022$3,029$2,249$1,650$1,198$237
27 years$3,832$2,851$2,088$1,510$1,080$198
28 years$3,655$2,686$1,941$1,383$974$165
29 years$3,491$2,534$1,807$1,269$880$138
30 years$3,338$2,393$1,683$1,164$795$115
31 years$3,196$2,262$1,569$1,069$719$96
32 years$3,062$2,141$1,464$983$650$80
33 years$2,937$2,027$1,367$904$588$67
34 years$2,819$1,921$1,277$831$533$56
35 years$2,709$1,822$1,194$765$483$47
36 years$2,605$1,730$1,117$705$437$39
37 years$2,506$1,643$1,045$650$396$33
38 years$2,413$1,561$979$599$359$27
39 years$2,325$1,485$917$552$326$23
40 years$2,242$1,412$860$509$295$19
41 years$2,163$1,345$806$470$268$16
42 years$2,088$1,281$756$434$243$13
43 years$2,017$1,220$710$400$221$11
44 years$1,949$1,163$666$370$200$9
45 years$1,884$1,109$625$341$182$8
46 years$1,822$1,058$587$315$165$7
47 years$1,763$1,010$552$291$150$5
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$3

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 $4,372 every year, while hoping to spend $29,358 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: 68/20/12 Blend
34$1,640,000$1,640,000$1,640,000$1,640,000
35$1,811,790$1,724,870$1,699,450$1,929,951
36$1,965,356$1,778,152$1,725,145$2,062,366
37$2,133,601$1,833,060$1,750,716$2,203,215
38$2,317,993$1,889,645$1,776,130$2,356,499
39$2,520,146$1,947,955$1,801,348$2,523,432
40$2,741,838$2,008,042$1,826,330$2,705,354
41$2,985,029$2,069,960$1,851,036$2,903,739
42$3,251,877$2,133,763$1,875,420$3,120,209
43$3,544,758$2,199,507$1,899,436$3,356,553
44$3,866,290$2,267,249$1,923,035$3,614,737
45$4,219,358$2,337,050$1,946,162$3,896,929
46$4,607,137$2,408,971$1,968,764$4,205,516
47$5,033,129$2,483,074$1,990,781$4,543,126
48$5,501,187$2,559,424$2,012,151$4,912,654
49$6,015,560$2,638,088$2,032,810$5,317,289
50$6,580,926$2,719,133$2,052,688$5,760,543
51$7,202,441$2,802,631$2,071,714$6,246,285
52$7,885,784$2,888,653$2,089,810$6,778,776
53$8,637,211$2,977,275$2,106,896$7,362,712
54$9,463,617$3,068,571$2,122,887$8,003,263
55$10,372,596$3,162,622$2,137,694$8,706,127
56$11,372,518$3,259,507$2,151,224$9,477,581
57$12,472,602$3,359,311$2,163,377$10,324,538
58$13,683,008$3,462,117$2,174,050$11,254,617
59$15,014,928$3,568,014$2,183,134$12,276,210
60$16,480,696$3,677,092$2,190,515$13,398,565
61$18,093,901$3,789,444$2,196,071$14,631,869
62$19,869,516$3,905,164$2,199,677$15,987,348
63$21,824,041$4,024,351$2,201,200$17,477,367
64$23,975,653$4,147,104$2,200,501$19,115,556
65$26,344,386$4,273,528$2,197,433$20,916,928
66$28,952,310$4,403,728$2,191,844$22,898,026
67$31,823,748$4,537,813$2,183,573$25,077,079
68$34,985,498$4,675,894$2,172,451$27,474,173
69$38,467,093$4,818,087$2,158,302$30,111,439
70$42,301,073$4,964,509$2,140,941$33,013,264
71$46,523,293$5,115,281$2,120,174$36,206,518
72$51,173,267$5,270,528$2,095,798$39,720,813
73$56,294,534$5,430,377$2,067,600$43,588,774
74$61,935,069$5,594,959$2,035,358$47,846,354
75$68,147,742$5,764,407$1,998,838$52,533,169
76$74,990,809$5,938,860$1,957,796$57,692,875
77$82,528,467$6,118,460$1,911,978$63,373,575
78$90,831,456$6,303,350$1,861,115$69,628,277
79$99,977,731$6,493,681$1,804,929$76,515,394
80$110,053,192$6,689,604$1,743,126$84,099,292
81$121,152,499$6,891,275$1,675,402$92,450,900
82$133,379,962$7,098,856$1,601,436$101,648,379
83$146,850,528$7,312,511$1,520,895$111,777,860
84$161,690,866$7,532,407$1,433,428$122,934,253
85$178,040,557$7,758,718$1,338,671$135,222,149
86$196,053,420$7,991,621$1,236,243$148,756,802
87$215,898,955$8,231,297$1,125,744$163,665,218
88$237,763,950$8,477,932$1,006,757$180,087,356
89$261,854,239$8,731,717$878,849$198,177,446
90$288,396,645$8,992,845$741,565$218,105,446
91$317,641,125$9,261,516$594,429$240,058,646
92$349,863,124$9,537,935$436,947$264,243,436
93$385,366,180$9,822,311$268,602$290,887,254
94$424,484,783$10,114,857$88,853$320,240,733
95$467,587,538$10,415,792$0$352,580,068
96$515,080,642$10,725,340$0$388,222,804
97$567,411,716$11,043,731$0$427,504,158
98$625,074,034$11,371,197$0$470,782,428
99$688,611,178$11,707,978$0$518,465,004
100$758,622,167$12,054,318$0$571,000,818