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

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$143,688$142,408$141,159$139,940$138,750$136,620
2 years$71,132$69,808$68,524$67,279$66,071$63,931
3 years$46,951$45,620$44,339$43,106$41,918$39,834
4 years$34,862$33,536$32,268$31,056$29,897$27,884
5 years$27,611$26,292$25,041$23,854$22,727$20,792
6 years$22,778$21,470$20,237$19,076$17,983$16,128
7 years$19,328$18,030$16,817$15,683$14,625$12,850
8 years$16,741$15,455$14,262$13,156$12,133$10,438
9 years$14,730$13,457$12,284$11,206$10,218$8,603
10 years$13,122$11,861$10,709$9,660$8,706$7,169
11 years$11,808$10,559$9,428$8,407$7,487$6,027
12 years$10,713$9,478$8,367$7,374$6,488$5,103
13 years$9,788$8,565$7,476$6,510$5,658$4,345
14 years$8,995$7,785$6,717$5,779$4,960$3,718
15 years$8,309$7,112$6,065$5,154$4,367$3,193
16 years$7,709$6,525$5,498$4,615$3,860$2,752
17 years$7,180$6,009$5,003$4,146$3,422$2,378
18 years$6,711$5,553$4,567$3,737$3,043$2,060
19 years$6,291$5,146$4,181$3,376$2,712$1,788
20 years$5,914$4,782$3,837$3,058$2,423$1,555
21 years$5,573$4,455$3,530$2,775$2,168$1,354
22 years$5,263$4,158$3,253$2,523$1,943$1,181
23 years$4,981$3,889$3,004$2,298$1,744$1,030
24 years$4,723$3,644$2,778$2,096$1,568$900
25 years$4,486$3,419$2,573$1,914$1,411$787
26 years$4,267$3,214$2,386$1,750$1,271$689
27 years$4,065$3,025$2,216$1,602$1,146$603
28 years$3,878$2,850$2,060$1,468$1,034$528
29 years$3,704$2,689$1,917$1,346$934$463
30 years$3,542$2,539$1,786$1,235$843$406
31 years$3,391$2,400$1,665$1,135$763$356
32 years$3,249$2,271$1,553$1,043$690$313
33 years$3,116$2,151$1,450$959$624$274
34 years$2,991$2,039$1,355$882$565$241
35 years$2,874$1,934$1,267$812$512$212
36 years$2,764$1,835$1,185$748$464$186
37 years$2,659$1,743$1,109$689$420$163
38 years$2,561$1,656$1,039$635$381$143
39 years$2,467$1,575$973$586$346$126
40 years$2,379$1,499$912$540$313$111
41 years$2,295$1,427$855$498$284$97
42 years$2,215$1,359$802$460$258$86
43 years$2,139$1,294$753$425$234$75
44 years$2,067$1,234$707$392$213$66
45 years$1,999$1,177$664$362$193$58
46 years$1,933$1,122$623$334$175$51
47 years$1,871$1,071$585$309$159$45
48 years$1,811$1,023$550$286$145$40
49 years$1,754$977$517$264$131$35
50 years$1,699$933$486$244$119$31

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 $6,011 every year, while hoping to spend $56,570 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: 49/45/6 Blend
34$1,740,000$1,740,000$1,740,000$1,740,000
35$1,923,680$1,831,460$1,804,490$2,014,727
36$2,059,706$1,861,012$1,804,751$2,107,060
37$2,207,710$1,890,115$1,803,124$2,200,757
38$2,368,854$1,918,689$1,799,487$2,301,179
39$2,544,418$1,946,646$1,793,711$2,408,968
40$2,735,809$1,973,892$1,785,660$2,524,832
41$2,944,575$2,000,326$1,775,193$2,649,550
42$3,172,422$2,025,842$1,762,162$2,783,982
43$3,421,225$2,050,324$1,746,410$2,929,080
44$3,693,050$2,073,650$1,727,775$3,085,890
45$3,990,171$2,095,689$1,706,086$3,255,568
46$4,315,092$2,116,302$1,681,164$3,439,390
47$4,670,570$2,135,339$1,652,821$3,638,761
48$5,059,640$2,152,642$1,620,862$3,855,235
49$5,485,644$2,168,043$1,585,082$4,090,523
50$5,952,263$2,181,360$1,545,265$4,346,515
51$6,463,550$2,192,403$1,501,188$4,625,297
52$7,023,970$2,200,968$1,452,615$4,929,167
53$7,638,438$2,206,839$1,399,301$5,260,663
54$8,312,369$2,209,785$1,340,988$5,622,585
55$9,051,729$2,209,561$1,277,409$6,018,021
56$9,863,084$2,205,910$1,208,282$6,450,380
57$10,753,673$2,198,553$1,133,313$6,923,420
58$11,731,465$2,187,200$1,052,197$7,441,288
59$12,805,241$2,171,539$964,612$8,008,559
60$13,984,673$2,151,242$870,224$8,630,281
61$15,280,416$2,125,959$768,682$9,312,020
62$16,704,207$2,095,320$659,622$10,059,918
63$18,268,979$2,058,933$542,662$10,880,749
64$19,988,977$2,016,383$417,404$11,781,985
65$21,879,897$1,967,230$283,431$12,771,868
66$23,959,030$1,911,008$140,309$13,859,489
67$26,245,427$1,847,223$0$15,054,873
68$28,760,078$1,775,354$0$16,369,876
69$31,526,108$1,694,849$0$17,825,536
70$34,568,997$1,605,122$0$19,426,344
71$37,916,818$1,505,557$0$21,187,166
72$41,600,504$1,395,499$0$23,124,397
73$45,654,134$1,274,257$0$25,256,114
74$50,115,262$1,141,102$0$27,602,249
75$55,025,263$995,261$0$30,184,782
76$60,429,730$835,918$0$33,027,944
77$66,378,896$662,212$0$36,158,456
78$72,928,116$473,233$0$39,605,777
79$80,138,380$268,018$0$43,402,388
80$88,076,898$45,553$0$47,584,101
81$96,817,722$0$0$52,190,397
82$106,442,456$0$0$57,361,482
83$117,041,016$0$0$63,080,860
84$128,712,485$0$0$69,379,473
85$141,566,041$0$0$76,316,272
86$155,721,995$0$0$83,956,217
87$171,312,916$0$0$92,370,890
88$188,484,891$0$0$101,639,172
89$207,398,895$0$0$111,847,980
90$228,232,318$0$0$123,093,099
91$251,180,630$0$0$135,480,073
92$276,459,231$0$0$149,125,210
93$304,305,481$0$0$164,156,675
94$334,980,943$0$0$180,715,702
95$368,773,846$0$0$198,957,923
96$406,001,807$0$0$219,054,841
97$447,014,830$0$0$241,195,446
98$492,198,609$0$0$265,587,999
99$541,978,163$0$0$292,461,996
100$596,821,853$0$0$322,070,338