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%19.3%
1 years$142,036$140,771$139,536$138,332$137,155$132,026
2 years$70,315$69,005$67,736$66,506$65,312$60,204
3 years$46,411$45,096$43,830$42,611$41,437$36,509
4 years$34,461$33,150$31,897$30,699$29,553$24,844
5 years$27,293$25,990$24,753$23,580$22,466$17,988
6 years$22,516$21,223$20,004$18,857$17,776$13,532
7 years$19,106$17,823$16,624$15,503$14,457$10,446
8 years$16,549$15,278$14,098$13,005$11,993$8,211
9 years$14,561$13,302$12,143$11,078$10,100$6,542
10 years$12,972$11,725$10,586$9,549$8,606$5,265
11 years$11,672$10,438$9,320$8,310$7,401$4,270
12 years$10,590$9,369$8,271$7,289$6,414$3,485
13 years$9,675$8,466$7,390$6,435$5,593$2,858
14 years$8,892$7,696$6,640$5,713$4,903$2,353
15 years$8,213$7,030$5,995$5,095$4,317$1,943
16 years$7,620$6,450$5,435$4,562$3,815$1,609
17 years$7,098$5,940$4,946$4,099$3,383$1,335
18 years$6,633$5,489$4,515$3,694$3,008$1,110
19 years$6,219$5,087$4,133$3,338$2,681$924
20 years$5,846$4,727$3,793$3,023$2,395$770
21 years$5,509$4,403$3,489$2,743$2,143$642
22 years$5,203$4,110$3,216$2,494$1,921$536
23 years$4,924$3,844$2,969$2,272$1,724$448
24 years$4,669$3,602$2,746$2,072$1,550$374
25 years$4,434$3,380$2,543$1,892$1,395$313
26 years$4,218$3,177$2,359$1,730$1,256$262
27 years$4,019$2,990$2,190$1,584$1,133$219
28 years$3,834$2,817$2,036$1,451$1,022$183
29 years$3,661$2,658$1,895$1,331$923$154
30 years$3,501$2,510$1,765$1,221$834$129
31 years$3,352$2,373$1,645$1,121$754$108
32 years$3,212$2,245$1,535$1,031$682$90
33 years$3,080$2,126$1,433$948$617$76
34 years$2,957$2,015$1,339$872$559$63
35 years$2,841$1,911$1,252$803$506$53
36 years$2,732$1,814$1,171$739$459$44
37 years$2,629$1,723$1,096$681$416$37
38 years$2,531$1,637$1,027$628$377$31
39 years$2,439$1,557$962$579$342$26
40 years$2,352$1,481$902$534$310$22
41 years$2,269$1,410$845$493$281$18
42 years$2,190$1,343$793$455$255$15
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$6
48 years$1,790$1,011$544$282$143$5
49 years$1,733$965$511$261$130$4
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 $4,088 every year, while hoping to spend $47,113 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: 25/46/29 Blend
34$1,720,000$1,720,000$1,720,000$1,720,000
35$1,899,657$1,808,497$1,781,837$1,929,827
36$2,043,294$1,846,985$1,791,400$1,993,976
37$2,200,003$1,885,781$1,799,705$2,058,450
38$2,371,068$1,924,848$1,806,660$2,126,609
39$2,557,901$1,964,150$1,812,167$2,198,794
40$2,762,058$2,003,645$1,816,126$2,275,383
41$2,985,252$2,043,287$1,818,430$2,356,796
42$3,229,367$2,083,028$1,818,967$2,443,494
43$3,496,480$2,122,814$1,817,621$2,535,988
44$3,788,877$2,162,588$1,814,267$2,634,844
45$4,109,075$2,202,287$1,808,777$2,740,686
46$4,459,845$2,241,844$1,801,016$2,854,206
47$4,844,241$2,281,186$1,790,841$2,976,166
48$5,265,624$2,320,234$1,778,105$3,107,411
49$5,727,698$2,358,905$1,762,651$3,248,873
50$6,234,539$2,397,108$1,744,317$3,401,583
51$6,790,641$2,434,745$1,722,930$3,566,682
52$7,400,951$2,471,713$1,698,313$3,745,427
53$8,070,919$2,507,897$1,670,277$3,939,211
54$8,806,548$2,543,180$1,638,627$4,149,571
55$9,614,453$2,577,432$1,603,157$4,378,205
56$10,501,916$2,610,516$1,563,653$4,626,990
57$11,476,965$2,642,285$1,519,889$4,897,999
58$12,548,441$2,672,582$1,471,630$5,193,521
59$13,726,083$2,701,239$1,418,631$5,516,085
60$15,020,622$2,728,078$1,360,633$5,868,485
61$16,443,880$2,752,909$1,297,369$6,253,805
62$18,008,882$2,775,527$1,228,557$6,675,451
63$19,729,977$2,795,718$1,153,903$7,137,185
64$21,622,976$2,813,249$1,073,100$7,643,159
65$23,705,298$2,827,877$985,827$8,197,957
66$25,996,135$2,839,340$891,749$8,806,642
67$28,516,634$2,847,360$790,516$9,474,800
68$31,290,094$2,851,644$681,762$10,208,598
69$34,342,187$2,851,878$565,104$11,014,845
70$37,701,199$2,847,729$440,144$11,901,052
71$41,398,298$2,838,845$306,466$12,875,512
72$45,467,826$2,824,849$163,633$13,947,374
73$49,947,622$2,805,346$11,194$15,126,737
74$54,879,384$2,779,912$0$16,424,742
75$60,309,054$2,748,100$0$17,900,557
76$66,287,258$2,709,437$0$19,527,615
77$72,869,779$2,663,420$0$21,317,573
78$80,118,085$2,609,517$0$23,287,108
79$88,099,910$2,547,163$0$25,454,607
80$96,889,888$2,475,762$0$27,840,343
81$106,570,264$2,394,682$0$30,466,667
82$117,231,663$2,303,253$0$33,358,222
83$128,973,949$2,200,768$0$36,542,177
84$141,907,164$2,086,479$0$40,048,487
85$156,152,570$1,959,591$0$43,910,175
86$171,843,790$1,819,269$0$48,163,649
87$189,128,070$1,664,627$0$52,849,046
88$208,167,667$1,494,728$0$58,010,614
89$229,141,382$1,308,582$0$63,697,133
90$252,246,245$1,105,145$0$69,962,379
91$277,699,377$883,311$0$76,865,633
92$305,740,033$641,914$0$84,472,247
93$336,631,870$379,720$0$92,854,260
94$370,665,424$95,430$0$102,091,084
95$408,160,859$0$0$112,270,260
96$449,470,987$0$0$123,595,765
97$494,984,596$0$0$136,127,409
98$545,130,121$0$0$149,934,915
99$600,379,689$0$0$165,148,345
100$661,253,571$0$0$181,911,028