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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.2%
1 years$142,036$140,771$139,536$138,332$137,155$134,772
2 years$70,315$69,005$67,736$66,506$65,312$62,919
3 years$46,411$45,096$43,830$42,611$41,437$39,108
4 years$34,461$33,150$31,897$30,699$29,553$27,307
5 years$27,293$25,990$24,753$23,580$22,466$20,308
6 years$22,516$21,223$20,004$18,857$17,776$15,710
7 years$19,106$17,823$16,624$15,503$14,457$12,482
8 years$16,549$15,278$14,098$13,005$11,993$10,110
9 years$14,561$13,302$12,143$11,078$10,100$8,308
10 years$12,972$11,725$10,586$9,549$8,606$6,902
11 years$11,672$10,438$9,320$8,310$7,401$5,784
12 years$10,590$9,369$8,271$7,289$6,414$4,882
13 years$9,675$8,466$7,390$6,435$5,593$4,143
14 years$8,892$7,696$6,640$5,713$4,903$3,533
15 years$8,213$7,030$5,995$5,095$4,317$3,024
16 years$7,620$6,450$5,435$4,562$3,815$2,597
17 years$7,098$5,940$4,946$4,099$3,383$2,236
18 years$6,633$5,489$4,515$3,694$3,008$1,930
19 years$6,219$5,087$4,133$3,338$2,681$1,669
20 years$5,846$4,727$3,793$3,023$2,395$1,446
21 years$5,509$4,403$3,489$2,743$2,143$1,255
22 years$5,203$4,110$3,216$2,494$1,921$1,090
23 years$4,924$3,844$2,969$2,272$1,724$947
24 years$4,669$3,602$2,746$2,072$1,550$825
25 years$4,434$3,380$2,543$1,892$1,395$718
26 years$4,218$3,177$2,359$1,730$1,256$626
27 years$4,019$2,990$2,190$1,584$1,133$546
28 years$3,834$2,817$2,036$1,451$1,022$476
29 years$3,661$2,658$1,895$1,331$923$416
30 years$3,501$2,510$1,765$1,221$834$363
31 years$3,352$2,373$1,645$1,121$754$317
32 years$3,212$2,245$1,535$1,031$682$277
33 years$3,080$2,126$1,433$948$617$242
34 years$2,957$2,015$1,339$872$559$212
35 years$2,841$1,911$1,252$803$506$185
36 years$2,732$1,814$1,171$739$459$162
37 years$2,629$1,723$1,096$681$416$142
38 years$2,531$1,637$1,027$628$377$124
39 years$2,439$1,557$962$579$342$108
40 years$2,352$1,481$902$534$310$95
41 years$2,269$1,410$845$493$281$83
42 years$2,190$1,343$793$455$255$73
43 years$2,115$1,280$744$420$232$64
44 years$2,044$1,220$699$388$210$56
45 years$1,976$1,163$656$358$191$49
46 years$1,911$1,110$616$331$173$43
47 years$1,849$1,059$579$305$157$37
48 years$1,790$1,011$544$282$143$33
49 years$1,733$965$511$261$130$29
50 years$1,679$922$481$241$118$25

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 $3,130 every year, while hoping to spend $31,879 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: 58/22/20 Blend
34$1,720,000$1,720,000$1,720,000$1,720,000
35$1,898,669$1,807,509$1,780,849$1,998,544
36$2,058,414$1,862,158$1,806,588$2,121,426
37$2,233,385$1,918,416$1,832,121$2,251,603
38$2,425,100$1,976,329$1,857,408$2,392,816
39$2,635,234$2,035,942$1,882,405$2,546,137
40$2,865,629$2,097,304$1,907,066$2,712,745
41$3,118,314$2,160,464$1,931,344$2,893,938
42$3,395,526$2,225,470$1,955,188$3,091,147
43$3,699,727$2,292,375$1,978,544$3,305,946
44$4,033,628$2,361,231$2,001,354$3,540,070
45$4,400,218$2,432,091$2,023,559$3,795,428
46$4,802,788$2,505,011$2,045,096$4,074,122
47$5,244,963$2,580,047$2,065,897$4,378,471
48$5,730,737$2,657,257$2,085,892$4,711,025
49$6,264,509$2,736,700$2,105,007$5,074,595
50$6,851,128$2,818,437$2,123,164$5,472,276
51$7,495,932$2,902,529$2,140,279$5,907,480
52$8,204,804$2,989,041$2,156,266$6,383,964
53$8,984,227$3,078,037$2,171,033$6,905,865
54$9,841,341$3,169,583$2,184,486$7,477,744
55$10,784,013$3,263,748$2,196,521$8,104,625
56$11,820,912$3,360,601$2,207,034$8,792,041
57$12,961,587$3,460,213$2,215,912$9,546,091
58$14,216,562$3,562,657$2,223,038$10,373,493
59$15,597,431$3,668,006$2,228,290$11,281,649
60$17,116,968$3,776,337$2,231,536$12,278,715
61$18,789,249$3,887,728$2,232,642$13,373,678
62$20,629,782$4,002,256$2,231,466$14,576,438
63$22,655,656$4,120,003$2,227,857$15,897,907
64$24,885,702$4,241,052$2,221,658$17,350,107
65$27,340,665$4,365,485$2,212,706$18,946,283
66$30,043,409$4,493,390$2,200,827$20,701,032
67$33,019,123$4,624,853$2,185,841$22,630,439
68$36,295,566$4,759,963$2,167,559$24,752,226
69$39,903,323$4,898,810$2,145,782$27,085,923
70$43,876,098$5,041,488$2,120,302$29,653,050
71$48,251,030$5,188,091$2,090,902$32,477,322
72$53,069,040$5,338,713$2,057,352$35,584,870
73$58,375,225$5,493,452$2,019,416$39,004,491
74$64,219,275$5,652,408$1,976,843$42,767,915
75$70,655,945$5,815,681$1,929,372$46,910,111
76$77,745,575$5,983,372$1,876,729$51,469,612
77$85,554,652$6,155,586$1,818,629$56,488,879
78$94,156,445$6,332,428$1,754,771$62,014,705
79$103,631,690$6,514,005$1,684,843$68,098,655
80$114,069,356$6,700,424$1,608,519$74,797,549
81$125,567,481$6,891,796$1,525,455$82,174,007
82$138,234,101$7,088,231$1,435,295$90,297,032
83$152,188,267$7,289,842$1,337,665$99,242,665
84$167,561,168$7,496,742$1,232,174$109,094,704
85$184,497,370$7,709,045$1,118,415$119,945,491
86$203,156,181$7,926,868$995,961$131,896,788
87$223,713,153$8,150,326$864,368$145,060,738
88$246,361,740$8,379,537$723,170$159,560,919
89$271,315,123$8,614,620$571,882$175,533,515
90$298,808,223$8,855,694$409,997$193,128,602
91$329,099,915$9,102,877$236,986$212,511,561
92$362,475,479$9,356,290$52,296$233,864,644
93$399,249,281$9,616,052$0$257,388,692
94$439,767,753$9,882,283$0$283,335,934
95$484,412,652$10,155,104$0$311,933,290
96$533,604,672$10,434,633$0$343,438,505
97$587,807,409$10,720,991$0$378,147,918
98$647,531,740$11,014,294$0$416,388,088
99$713,340,643$11,314,660$0$458,518,875
100$785,854,515$11,622,205$0$504,936,836