Can I retire at age 35 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$137,081$135,860$134,669$133,506$132,371$129,804
2 years$67,862$66,598$65,373$64,186$63,034$60,458
3 years$44,792$43,523$42,301$41,124$39,991$37,487
4 years$33,259$31,994$30,784$29,628$28,522$26,109
5 years$26,341$25,083$23,890$22,757$21,682$19,367
6 years$21,731$20,483$19,306$18,199$17,156$14,941
7 years$18,439$17,201$16,044$14,962$13,953$11,838
8 years$15,971$14,745$13,606$12,552$11,575$9,561
9 years$14,053$12,838$11,719$10,691$9,748$7,833
10 years$12,519$11,316$10,217$9,216$8,306$6,487
11 years$11,265$10,074$8,995$8,021$7,143$5,420
12 years$10,221$9,042$7,983$7,035$6,190$4,559
13 years$9,338$8,171$7,132$6,211$5,398$3,857
14 years$8,582$7,427$6,408$5,513$4,732$3,278
15 years$7,927$6,785$5,786$4,917$4,166$2,796
16 years$7,354$6,225$5,246$4,403$3,682$2,393
17 years$6,850$5,733$4,773$3,956$3,265$2,053
18 years$6,402$5,298$4,357$3,565$2,903$1,766
19 years$6,002$4,910$3,989$3,221$2,587$1,521
20 years$5,642$4,562$3,661$2,917$2,311$1,313
21 years$5,317$4,250$3,367$2,648$2,068$1,135
22 years$5,021$3,967$3,104$2,407$1,854$982
23 years$4,752$3,710$2,866$2,192$1,664$850
24 years$4,506$3,476$2,650$2,000$1,496$737
25 years$4,280$3,262$2,455$1,826$1,346$639
26 years$4,071$3,066$2,276$1,670$1,212$555
27 years$3,878$2,885$2,114$1,528$1,093$482
28 years$3,700$2,719$1,965$1,400$986$419
29 years$3,534$2,565$1,829$1,284$891$364
30 years$3,379$2,422$1,703$1,179$805$317
31 years$3,235$2,290$1,588$1,082$728$276
32 years$3,099$2,167$1,482$995$658$240
33 years$2,973$2,052$1,383$915$596$209
34 years$2,854$1,945$1,293$842$539$182
35 years$2,742$1,845$1,208$775$488$158
36 years$2,636$1,751$1,131$714$443$138
37 years$2,537$1,663$1,058$657$401$120
38 years$2,443$1,580$991$606$364$105
39 years$2,354$1,503$928$559$330$91
40 years$2,269$1,430$870$515$299$79
41 years$2,189$1,361$816$475$271$69
42 years$2,113$1,296$765$439$246$60
43 years$2,041$1,235$718$405$223$53
44 years$1,972$1,177$674$374$203$46
45 years$1,907$1,123$633$345$184$40
46 years$1,844$1,071$595$319$167$35
47 years$1,785$1,022$559$295$152$30
48 years$1,727$976$525$272$138$26
49 years$1,673$932$493$252$125$23
50 years$1,621$890$464$233$114$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,660,000, adding $5,906 every year, while hoping to spend $58,450 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: 53/17/30 Blend
34$1,660,000$1,660,000$1,660,000$1,660,000
35$1,835,412$1,747,432$1,721,702$1,916,983
36$1,960,434$1,770,866$1,717,189$1,997,729
37$2,096,249$1,793,489$1,710,565$2,079,176
38$2,243,896$1,815,200$1,701,699$2,166,680
39$2,404,519$1,835,890$1,690,452$2,260,846
40$2,579,375$1,855,444$1,676,677$2,362,345
41$2,769,850$1,873,739$1,660,224$2,471,915
42$2,977,464$1,890,643$1,640,932$2,590,373
43$3,203,896$1,906,015$1,618,633$2,718,622
44$3,450,990$1,919,706$1,593,154$2,857,658
45$3,720,777$1,931,557$1,564,311$3,008,582
46$4,015,493$1,941,400$1,531,911$3,172,611
47$4,337,598$1,949,053$1,495,755$3,351,088
48$4,689,803$1,954,326$1,455,633$3,545,496
49$5,075,090$1,957,016$1,411,323$3,757,474
50$5,496,744$1,956,905$1,362,598$3,988,831
51$5,958,383$1,953,764$1,309,216$4,241,564
52$6,463,990$1,947,351$1,250,927$4,517,879
53$7,017,951$1,937,405$1,187,467$4,820,209
54$7,625,097$1,923,653$1,118,562$5,151,243
55$8,290,749$1,905,803$1,043,926$5,513,947
56$9,020,765$1,883,548$963,257$5,911,596
57$9,821,601$1,856,559$876,244$6,347,805
58$10,700,364$1,824,491$782,558$6,826,561
59$11,664,885$1,786,975$681,858$7,352,268
60$12,723,790$1,743,623$573,787$7,929,783
61$13,886,580$1,694,023$457,971$8,564,467
62$15,163,720$1,637,740$334,022$9,262,234
63$16,566,740$1,574,310$201,534$10,029,611
64$18,108,343$1,503,247$60,080$10,873,797
65$19,802,521$1,424,033$0$11,802,736
66$21,664,690$1,336,122$0$12,854,281
67$23,711,833$1,238,936$0$14,031,424
68$25,962,661$1,131,865$0$15,325,731
69$28,437,788$1,014,262$0$16,749,126
70$31,159,926$885,445$0$18,314,751
71$34,154,099$744,693$0$20,037,091
72$37,447,878$591,243$0$21,932,112
73$41,071,639$424,291$0$24,017,412
74$45,058,852$242,987$0$26,312,385
75$49,446,395$46,434$0$28,838,409
76$54,274,900$0$0$31,619,046
77$59,589,140$0$0$34,711,378
78$65,438,446$0$0$38,124,817
79$71,877,174$0$0$41,882,423
80$78,965,218$0$0$46,019,174
81$86,768,575$0$0$50,573,613
82$95,359,965$0$0$55,588,211
83$104,819,518$0$0$61,109,764
84$115,235,530$0$0$67,189,839
85$126,705,294$0$0$73,885,259
86$139,336,020$0$0$81,258,637
87$153,245,844$0$0$89,378,967
88$168,564,943$0$0$98,322,277
89$185,436,762$0$0$108,172,344
90$204,019,371$0$0$119,021,486
91$224,486,949$0$0$130,971,431
92$247,031,435$0$0$144,134,277
93$271,864,332$0$0$158,633,552
94$299,218,710$0$0$174,605,376
95$329,351,397$0$0$192,199,750
96$362,545,408$0$0$211,581,965
97$399,112,614$0$0$232,934,169
98$439,396,683$0$0$256,457,079
99$483,776,327$0$0$282,371,879
100$532,668,871$0$0$310,922,309