Can I retire at age 35 with 1,740,000?

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$143,688$142,408$141,159$139,940$138,750$134,470
2 years$71,132$69,808$68,524$67,279$66,071$61,797
3 years$46,951$45,620$44,339$43,106$41,918$37,783
4 years$34,862$33,536$32,268$31,056$29,897$25,933
5 years$27,611$26,292$25,041$23,854$22,727$18,945
6 years$22,778$21,470$20,237$19,076$17,983$14,386
7 years$19,328$18,030$16,817$15,683$14,625$11,213
8 years$16,741$15,455$14,262$13,156$12,133$8,904
9 years$14,730$13,457$12,284$11,206$10,218$7,167
10 years$13,122$11,861$10,709$9,660$8,706$5,831
11 years$11,808$10,559$9,428$8,407$7,487$4,782
12 years$10,713$9,478$8,367$7,374$6,488$3,947
13 years$9,788$8,565$7,476$6,510$5,658$3,274
14 years$8,995$7,785$6,717$5,779$4,960$2,728
15 years$8,309$7,112$6,065$5,154$4,367$2,280
16 years$7,709$6,525$5,498$4,615$3,860$1,911
17 years$7,180$6,009$5,003$4,146$3,422$1,606
18 years$6,711$5,553$4,567$3,737$3,043$1,352
19 years$6,291$5,146$4,181$3,376$2,712$1,140
20 years$5,914$4,782$3,837$3,058$2,423$962
21 years$5,573$4,455$3,530$2,775$2,168$813
22 years$5,263$4,158$3,253$2,523$1,943$688
23 years$4,981$3,889$3,004$2,298$1,744$583
24 years$4,723$3,644$2,778$2,096$1,568$494
25 years$4,486$3,419$2,573$1,914$1,411$418
26 years$4,267$3,214$2,386$1,750$1,271$355
27 years$4,065$3,025$2,216$1,602$1,146$301
28 years$3,878$2,850$2,060$1,468$1,034$256
29 years$3,704$2,689$1,917$1,346$934$217
30 years$3,542$2,539$1,786$1,235$843$184
31 years$3,391$2,400$1,665$1,135$763$156
32 years$3,249$2,271$1,553$1,043$690$133
33 years$3,116$2,151$1,450$959$624$113
34 years$2,991$2,039$1,355$882$565$96
35 years$2,874$1,934$1,267$812$512$82
36 years$2,764$1,835$1,185$748$464$69
37 years$2,659$1,743$1,109$689$420$59
38 years$2,561$1,656$1,039$635$381$50
39 years$2,467$1,575$973$586$346$43
40 years$2,379$1,499$912$540$313$36
41 years$2,295$1,427$855$498$284$31
42 years$2,215$1,359$802$460$258$26
43 years$2,139$1,294$753$425$234$22
44 years$2,067$1,234$707$392$213$19
45 years$1,999$1,177$664$362$193$16
46 years$1,933$1,122$623$334$175$14
47 years$1,871$1,071$585$309$159$12
48 years$1,811$1,023$550$286$145$10
49 years$1,754$977$517$264$131$8
50 years$1,699$933$486$244$119$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,740,000, adding $5,908 every year, while hoping to spend $48,575 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: 62/8/30 Blend
34$1,740,000$1,740,000$1,740,000$1,740,000
35$1,923,574$1,831,354$1,804,384$2,026,929
36$2,068,095$1,869,407$1,813,148$2,136,043
37$2,225,729$1,907,697$1,820,577$2,249,387
38$2,397,763$1,946,183$1,826,575$2,372,147
39$2,585,612$1,984,823$1,831,042$2,505,254
40$2,790,835$2,023,569$1,833,873$2,649,738
41$3,015,147$2,062,372$1,834,954$2,806,731
42$3,260,438$2,101,174$1,834,172$2,977,484
43$3,528,788$2,139,916$1,831,401$3,163,375
44$3,822,487$2,178,535$1,826,516$3,365,924
45$4,144,056$2,216,959$1,819,380$3,586,806
46$4,496,273$2,255,113$1,809,853$3,827,869
47$4,882,197$2,292,917$1,797,786$4,091,150
48$5,305,195$2,330,284$1,783,026$4,378,895
49$5,768,976$2,367,120$1,765,409$4,693,581
50$6,277,627$2,403,324$1,744,765$5,037,937
51$6,835,647$2,438,788$1,720,917$5,414,975
52$7,447,992$2,473,399$1,693,677$5,828,013
53$8,120,123$2,507,031$1,662,850$6,280,710
54$8,858,052$2,539,552$1,628,233$6,777,103
55$9,668,406$2,570,822$1,589,611$7,321,637
56$10,558,480$2,600,690$1,546,760$7,919,219
57$11,536,315$2,628,994$1,499,447$8,575,255
58$12,610,767$2,655,562$1,447,426$9,295,704
59$13,791,592$2,680,211$1,390,441$10,087,140
60$15,089,538$2,702,745$1,328,224$10,956,806
61$16,516,448$2,722,956$1,260,497$11,912,690
62$18,085,367$2,740,623$1,186,966$12,963,596
63$19,810,671$2,755,509$1,107,324$14,119,230
64$21,708,193$2,767,364$1,021,254$15,390,293
65$23,795,383$2,775,919$928,421$16,788,579
66$26,091,465$2,780,892$828,475$18,327,092
67$28,617,619$2,781,980$721,054$20,020,166
68$31,397,183$2,778,864$605,776$21,883,600
69$34,455,870$2,771,202$482,244$23,934,813
70$37,822,013$2,758,635$350,043$26,193,002
71$41,526,829$2,740,779$208,740$28,679,332
72$45,604,716$2,717,228$57,883$31,417,130
73$50,093,575$2,687,550$0$34,432,110
74$55,035,169$2,651,289$0$37,785,619
75$60,475,515$2,607,961$0$41,497,814
76$66,465,319$2,557,053$0$45,584,745
77$73,060,455$2,498,021$0$50,084,540
78$80,322,487$2,430,290$0$55,039,215
79$88,319,258$2,353,252$0$60,495,069
80$97,125,522$2,266,260$0$66,503,122
81$106,823,652$2,168,634$0$73,119,596
82$117,504,418$2,059,650$0$80,406,446
83$129,267,842$1,938,547$0$88,431,946
84$142,224,141$1,804,515$0$97,271,332
85$156,494,768$1,656,701$0$107,007,511
86$172,213,559$1,494,204$0$117,731,848
87$189,527,990$1,316,068$0$129,545,023
88$208,600,575$1,121,286$0$142,557,987
89$229,610,398$908,792$0$156,893,004
90$252,754,798$677,462$0$172,684,809
91$278,251,237$426,108$0$190,081,879
92$306,339,349$153,473$0$209,247,835
93$337,283,203$0$0$230,362,984
94$371,373,794$0$0$253,638,508
95$408,931,787$0$0$279,296,515
96$450,310,549$0$0$307,564,926
97$495,899,477$0$0$338,709,790
98$546,127,680$0$0$373,024,287
99$601,468,022$0$0$410,831,495
100$662,441,592$0$0$452,487,438