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%13.1%
1 years$142,036$140,771$139,536$138,332$137,155$135,385
2 years$70,315$69,005$67,736$66,506$65,312$63,531
3 years$46,411$45,096$43,830$42,611$41,437$39,701
4 years$34,461$33,150$31,897$30,699$29,553$27,875
5 years$27,293$25,990$24,753$23,580$22,466$20,850
6 years$22,516$21,223$20,004$18,857$17,776$16,226
7 years$19,106$17,823$16,624$15,503$14,457$12,972
8 years$16,549$15,278$14,098$13,005$11,993$10,574
9 years$14,561$13,302$12,143$11,078$10,100$8,745
10 years$12,972$11,725$10,586$9,549$8,606$7,314
11 years$11,672$10,438$9,320$8,310$7,401$6,172
12 years$10,590$9,369$8,271$7,289$6,414$5,246
13 years$9,675$8,466$7,390$6,435$5,593$4,485
14 years$8,892$7,696$6,640$5,713$4,903$3,852
15 years$8,213$7,030$5,995$5,095$4,317$3,323
16 years$7,620$6,450$5,435$4,562$3,815$2,875
17 years$7,098$5,940$4,946$4,099$3,383$2,495
18 years$6,633$5,489$4,515$3,694$3,008$2,171
19 years$6,219$5,087$4,133$3,338$2,681$1,893
20 years$5,846$4,727$3,793$3,023$2,395$1,653
21 years$5,509$4,403$3,489$2,743$2,143$1,446
22 years$5,203$4,110$3,216$2,494$1,921$1,267
23 years$4,924$3,844$2,969$2,272$1,724$1,111
24 years$4,669$3,602$2,746$2,072$1,550$975
25 years$4,434$3,380$2,543$1,892$1,395$857
26 years$4,218$3,177$2,359$1,730$1,256$753
27 years$4,019$2,990$2,190$1,584$1,133$663
28 years$3,834$2,817$2,036$1,451$1,022$583
29 years$3,661$2,658$1,895$1,331$923$514
30 years$3,501$2,510$1,765$1,221$834$453
31 years$3,352$2,373$1,645$1,121$754$399
32 years$3,212$2,245$1,535$1,031$682$352
33 years$3,080$2,126$1,433$948$617$311
34 years$2,957$2,015$1,339$872$559$274
35 years$2,841$1,911$1,252$803$506$242
36 years$2,732$1,814$1,171$739$459$213
37 years$2,629$1,723$1,096$681$416$189
38 years$2,531$1,637$1,027$628$377$166
39 years$2,439$1,557$962$579$342$147
40 years$2,352$1,481$902$534$310$130
41 years$2,269$1,410$845$493$281$115
42 years$2,190$1,343$793$455$255$101
43 years$2,115$1,280$744$420$232$90
44 years$2,044$1,220$699$388$210$79
45 years$1,976$1,163$656$358$191$70
46 years$1,911$1,110$616$331$173$62
47 years$1,849$1,059$579$305$157$55
48 years$1,790$1,011$544$282$143$48
49 years$1,733$965$511$261$130$43
50 years$1,679$922$481$241$118$38

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 $4,879 every year, while hoping to spend $23,987 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: 42/45/13 Blend
34$1,720,000$1,720,000$1,720,000$1,720,000
35$1,900,473$1,809,313$1,782,653$1,972,861
36$2,068,799$1,872,447$1,816,850$2,087,282
37$2,253,490$1,937,871$1,851,388$2,208,344
38$2,456,191$2,005,671$1,886,254$2,338,909
39$2,678,712$2,075,939$1,921,433$2,479,856
40$2,923,048$2,148,767$1,956,908$2,632,150
41$3,191,396$2,224,253$1,992,662$2,796,852
42$3,486,176$2,302,500$2,028,674$2,975,128
43$3,810,056$2,383,612$2,064,925$3,168,259
44$4,165,973$2,467,700$2,101,390$3,377,654
45$4,557,163$2,554,878$2,138,048$3,604,861
46$4,987,191$2,645,265$2,174,870$3,851,583
47$5,459,986$2,738,985$2,211,830$4,119,694
48$5,979,875$2,836,165$2,248,897$4,411,252
49$6,551,627$2,936,942$2,286,039$4,728,524
50$7,180,494$3,041,453$2,323,223$5,074,003
51$7,872,265$3,149,844$2,360,411$5,450,430
52$8,633,315$3,262,267$2,397,564$5,860,824
53$9,470,673$3,378,877$2,434,642$6,308,506
54$10,392,079$3,499,840$2,471,600$6,797,129
55$11,406,063$3,625,324$2,508,391$7,330,717
56$12,522,025$3,755,508$2,544,965$7,913,697
57$13,750,320$3,890,576$2,581,270$8,550,941
58$15,102,359$4,030,721$2,617,249$9,247,814
59$16,590,715$4,176,142$2,652,842$10,010,223
60$18,229,243$4,327,048$2,687,987$10,844,671
61$20,033,209$4,483,656$2,722,618$11,758,315
62$22,019,433$4,646,192$2,756,662$12,759,039
63$24,206,452$4,814,892$2,790,047$13,855,523
64$26,614,689$4,990,001$2,822,693$15,057,327
65$29,266,650$5,171,774$2,854,516$16,374,975
66$32,187,136$5,360,478$2,885,429$17,820,060
67$35,403,472$5,556,390$2,915,340$19,405,350
68$38,945,772$5,759,799$2,944,150$21,144,903
69$42,847,218$5,971,006$2,971,756$23,054,208
70$47,144,374$6,190,325$2,998,049$25,150,321
71$51,877,532$6,418,083$3,022,916$27,452,030
72$57,091,092$6,654,621$3,046,235$29,980,029
73$62,833,979$6,900,294$3,067,881$32,757,115
74$69,160,109$7,155,472$3,087,718$35,808,398
75$76,128,891$7,420,541$3,105,608$39,161,540
76$83,805,794$7,695,904$3,121,402$42,847,012
77$92,262,962$7,981,980$3,134,946$46,898,381
78$101,579,893$8,279,206$3,146,076$51,352,629
79$111,844,194$8,588,039$3,154,621$56,250,496
80$123,152,403$8,908,954$3,160,402$61,636,863
81$135,610,903$9,242,447$3,163,230$67,561,178
82$149,336,923$9,589,035$3,162,906$74,077,918
83$164,459,650$9,949,258$3,159,224$81,247,101
84$181,121,440$10,323,678$3,151,964$89,134,853
85$199,479,171$10,712,883$3,140,899$97,814,029
86$219,705,716$11,117,483$3,125,789$107,364,899
87$241,991,578$11,538,119$3,106,382$117,875,904
88$266,546,689$11,975,456$3,082,415$129,444,487
89$293,602,387$12,430,190$3,053,612$142,178,013
90$323,413,607$12,903,045$3,019,684$156,194,779
91$356,261,280$13,394,779$2,980,328$171,625,128
92$392,454,989$13,906,183$2,935,228$188,612,680
93$432,335,891$14,438,079$2,884,052$207,315,678
94$476,279,936$14,991,328$2,826,451$227,908,489
95$524,701,416$15,566,830$2,762,064$250,583,237
96$578,056,875$16,165,519$2,690,508$275,551,623
97$636,849,423$16,788,376$2,611,387$303,046,913
98$701,633,479$17,436,422$2,524,283$333,326,142
99$773,020,010$18,110,722$2,428,762$366,672,534
100$851,682,294$18,812,391$2,324,369$403,398,175