Can I retire at age 35 with 1,720,000?

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 $1,720,000?

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$142,036$140,771$139,536$138,332$137,155$132,079
2 years$70,315$69,005$67,736$66,506$65,312$60,255
3 years$46,411$45,096$43,830$42,611$41,437$36,558
4 years$34,461$33,150$31,897$30,699$29,553$24,890
5 years$27,293$25,990$24,753$23,580$22,466$18,030
6 years$22,516$21,223$20,004$18,857$17,776$13,572
7 years$19,106$17,823$16,624$15,503$14,457$10,482
8 years$16,549$15,278$14,098$13,005$11,993$8,245
9 years$14,561$13,302$12,143$11,078$10,100$6,573
10 years$12,972$11,725$10,586$9,549$8,606$5,293
11 years$11,672$10,438$9,320$8,310$7,401$4,296
12 years$10,590$9,369$8,271$7,289$6,414$3,508
13 years$9,675$8,466$7,390$6,435$5,593$2,879
14 years$8,892$7,696$6,640$5,713$4,903$2,372
15 years$8,213$7,030$5,995$5,095$4,317$1,960
16 years$7,620$6,450$5,435$4,562$3,815$1,624
17 years$7,098$5,940$4,946$4,099$3,383$1,349
18 years$6,633$5,489$4,515$3,694$3,008$1,122
19 years$6,219$5,087$4,133$3,338$2,681$935
20 years$5,846$4,727$3,793$3,023$2,395$779
21 years$5,509$4,403$3,489$2,743$2,143$651
22 years$5,203$4,110$3,216$2,494$1,921$544
23 years$4,924$3,844$2,969$2,272$1,724$454
24 years$4,669$3,602$2,746$2,072$1,550$380
25 years$4,434$3,380$2,543$1,892$1,395$318
26 years$4,218$3,177$2,359$1,730$1,256$266
27 years$4,019$2,990$2,190$1,584$1,133$223
28 years$3,834$2,817$2,036$1,451$1,022$187
29 years$3,661$2,658$1,895$1,331$923$157
30 years$3,501$2,510$1,765$1,221$834$131
31 years$3,352$2,373$1,645$1,121$754$110
32 years$3,212$2,245$1,535$1,031$682$92
33 years$3,080$2,126$1,433$948$617$77
34 years$2,957$2,015$1,339$872$559$65
35 years$2,841$1,911$1,252$803$506$54
36 years$2,732$1,814$1,171$739$459$46
37 years$2,629$1,723$1,096$681$416$38
38 years$2,531$1,637$1,027$628$377$32
39 years$2,439$1,557$962$579$342$27
40 years$2,352$1,481$902$534$310$23
41 years$2,269$1,410$845$493$281$19
42 years$2,190$1,343$793$455$255$16
43 years$2,115$1,280$744$420$232$13
44 years$2,044$1,220$699$388$210$11
45 years$1,976$1,163$656$358$191$9
46 years$1,911$1,110$616$331$173$8
47 years$1,849$1,059$579$305$157$7
48 years$1,790$1,011$544$282$143$6
49 years$1,733$965$511$261$130$5
50 years$1,679$922$481$241$118$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,720,000, adding $6,140 every year, while hoping to spend $35,410 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: 42/49/9 Blend
34$1,720,000$1,720,000$1,720,000$1,720,000
35$1,901,773$1,810,613$1,783,953$1,976,382
36$2,058,078$1,861,658$1,806,040$2,080,093
37$2,229,140$1,914,016$1,827,679$2,188,275
38$2,416,425$1,967,716$1,848,820$2,304,612
39$2,621,551$2,022,784$1,869,406$2,429,861
40$2,846,296$2,079,248$1,889,378$2,564,855
41$3,092,623$2,137,136$1,908,677$2,710,508
42$3,362,689$2,196,474$1,927,236$2,867,829
43$3,658,872$2,257,290$1,944,987$3,037,925
44$3,983,791$2,319,612$1,961,859$3,222,017
45$4,340,331$2,383,466$1,977,774$3,421,447
46$4,731,670$2,448,880$1,992,654$3,637,691
47$5,161,306$2,515,881$2,006,414$3,872,376
48$5,633,096$2,584,496$2,018,966$4,127,292
49$6,151,287$2,654,752$2,030,216$4,404,410
50$6,720,557$2,726,673$2,040,067$4,705,900
51$7,346,060$2,800,287$2,048,416$5,034,151
52$8,033,475$2,875,618$2,055,155$5,391,794
53$8,789,057$2,952,691$2,060,170$5,781,726
54$9,619,698$3,031,529$2,063,343$6,207,139
55$10,532,990$3,112,157$2,064,547$6,671,548
56$11,537,298$3,194,596$2,063,653$7,178,823
57$12,641,839$3,278,868$2,060,522$7,733,228
58$13,856,767$3,364,993$2,055,010$8,339,461
59$15,193,270$3,452,990$2,046,965$9,002,695
60$16,663,674$3,542,877$2,036,229$9,728,630
61$18,281,561$3,634,670$2,022,635$10,523,545
62$20,061,895$3,728,384$2,006,008$11,394,358
63$22,021,166$3,824,032$1,986,166$12,348,691
64$24,177,540$3,921,624$1,962,918$13,394,940
65$26,551,036$4,021,171$1,936,063$14,542,357
66$29,163,711$4,122,678$1,905,391$15,801,134
67$32,039,870$4,226,149$1,870,682$17,182,502
68$35,206,293$4,331,587$1,831,706$18,698,837
69$38,692,490$4,438,990$1,788,223$20,363,774
70$42,530,976$4,548,352$1,739,980$22,192,335
71$46,757,580$4,659,667$1,686,715$24,201,077
72$51,411,785$4,772,922$1,628,151$26,408,242
73$56,537,094$4,888,102$1,564,001$28,833,930
74$62,181,445$5,005,187$1,493,963$31,500,291
75$68,397,664$5,124,152$1,417,722$34,431,733
76$75,243,959$5,244,969$1,334,949$37,655,152
77$82,784,473$5,367,602$1,245,300$41,200,186
78$91,089,886$5,492,012$1,148,414$45,099,495
79$100,238,086$5,618,152$1,043,917$49,389,070
80$110,314,898$5,745,969$931,416$54,108,572
81$121,414,900$5,875,404$810,501$59,301,705
82$133,642,310$6,006,389$680,743$65,016,633
83$147,111,974$6,138,850$541,696$71,306,430
84$161,950,445$6,272,703$392,893$78,229,585
85$178,297,181$6,407,856$233,845$85,850,552
86$196,305,859$6,544,207$64,045$94,240,359
87$216,145,827$6,681,644$0$103,477,281
88$238,003,701$6,820,043$0$113,658,828
89$262,085,123$6,959,271$0$124,876,100
90$288,616,710$7,099,179$0$137,227,752
91$317,848,184$7,239,609$0$150,829,283
92$350,054,735$7,380,385$0$165,807,972
93$385,539,614$7,521,320$0$182,304,079
94$424,636,998$7,662,208$0$200,472,169
95$467,715,144$7,802,829$0$220,482,573
96$515,179,864$7,942,943$0$242,522,993
97$567,478,355$8,082,292$0$266,800,277
98$625,103,423$8,220,599$0$293,542,372
99$688,598,128$8,357,565$0$323,000,475
100$758,560,920$8,492,868$0$355,451,407