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%12.4%
1 years$143,688$142,408$141,159$139,940$138,750$137,358
2 years$71,132$69,808$68,524$67,279$66,071$64,670
3 years$46,951$45,620$44,339$43,106$41,918$40,550
4 years$34,862$33,536$32,268$31,056$29,897$28,572
5 years$27,611$26,292$25,041$23,854$22,727$21,450
6 years$22,778$21,470$20,237$19,076$17,983$16,756
7 years$19,328$18,030$16,817$15,683$14,625$13,448
8 years$16,741$15,455$14,262$13,156$12,133$11,006
9 years$14,730$13,457$12,284$11,206$10,218$9,140
10 years$13,122$11,861$10,709$9,660$8,706$7,677
11 years$11,808$10,559$9,428$8,407$7,487$6,507
12 years$10,713$9,478$8,367$7,374$6,488$5,555
13 years$9,788$8,565$7,476$6,510$5,658$4,770
14 years$8,995$7,785$6,717$5,779$4,960$4,117
15 years$8,309$7,112$6,065$5,154$4,367$3,568
16 years$7,709$6,525$5,498$4,615$3,860$3,102
17 years$7,180$6,009$5,003$4,146$3,422$2,706
18 years$6,711$5,553$4,567$3,737$3,043$2,366
19 years$6,291$5,146$4,181$3,376$2,712$2,073
20 years$5,914$4,782$3,837$3,058$2,423$1,820
21 years$5,573$4,455$3,530$2,775$2,168$1,600
22 years$5,263$4,158$3,253$2,523$1,943$1,409
23 years$4,981$3,889$3,004$2,298$1,744$1,242
24 years$4,723$3,644$2,778$2,096$1,568$1,096
25 years$4,486$3,419$2,573$1,914$1,411$969
26 years$4,267$3,214$2,386$1,750$1,271$856
27 years$4,065$3,025$2,216$1,602$1,146$758
28 years$3,878$2,850$2,060$1,468$1,034$671
29 years$3,704$2,689$1,917$1,346$934$594
30 years$3,542$2,539$1,786$1,235$843$527
31 years$3,391$2,400$1,665$1,135$763$467
32 years$3,249$2,271$1,553$1,043$690$414
33 years$3,116$2,151$1,450$959$624$368
34 years$2,991$2,039$1,355$882$565$326
35 years$2,874$1,934$1,267$812$512$290
36 years$2,764$1,835$1,185$748$464$257
37 years$2,659$1,743$1,109$689$420$228
38 years$2,561$1,656$1,039$635$381$203
39 years$2,467$1,575$973$586$346$180
40 years$2,379$1,499$912$540$313$160
41 years$2,295$1,427$855$498$284$142
42 years$2,215$1,359$802$460$258$127
43 years$2,139$1,294$753$425$234$113
44 years$2,067$1,234$707$392$213$100
45 years$1,999$1,177$664$362$193$89
46 years$1,933$1,122$623$334$175$79
47 years$1,871$1,071$585$309$159$70
48 years$1,811$1,023$550$286$145$63
49 years$1,754$977$517$264$131$56
50 years$1,699$933$486$244$119$49

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 $6,123 every year, while hoping to spend $48,759 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: 69/17/14 Blend
34$1,740,000$1,740,000$1,740,000$1,740,000
35$1,923,796$1,831,576$1,804,606$2,050,023
36$2,068,144$1,869,444$1,813,181$2,172,629
37$2,225,581$1,907,533$1,820,409$2,300,316
38$2,397,391$1,945,803$1,826,194$2,438,759
39$2,584,987$1,984,210$1,830,433$2,589,011
40$2,789,925$2,022,705$1,833,022$2,752,230
41$3,013,916$2,061,236$1,833,846$2,929,693
42$3,258,845$2,099,747$1,832,791$3,122,807
43$3,526,789$2,138,176$1,829,731$3,333,121
44$3,820,033$2,176,458$1,824,538$3,562,342
45$4,141,094$2,214,522$1,817,077$3,812,353
46$4,492,742$2,252,290$1,807,206$4,085,227
47$4,878,030$2,289,680$1,794,776$4,383,247
48$5,300,319$2,326,604$1,779,630$4,708,932
49$5,763,310$2,362,966$1,761,607$5,065,055
50$6,271,080$2,398,665$1,740,533$5,454,675
51$6,828,121$2,433,590$1,716,231$5,881,160
52$7,439,377$2,467,623$1,688,513$6,348,222
53$8,110,297$2,500,641$1,657,182$6,859,955
54$8,846,882$2,532,507$1,622,033$7,420,868
55$9,655,743$2,563,079$1,582,850$8,035,930
56$10,544,163$2,592,203$1,539,408$8,710,620
57$11,520,162$2,619,716$1,491,473$9,450,974
58$12,592,578$2,645,442$1,438,798$10,263,646
59$13,771,148$2,669,195$1,381,124$11,155,968
60$15,066,597$2,690,778$1,318,184$12,136,021
61$16,490,742$2,709,978$1,249,695$13,212,714
62$18,056,601$2,726,570$1,175,363$14,395,861
63$19,778,517$2,740,315$1,094,881$15,696,284
64$21,672,294$2,750,958$1,007,927$17,125,905
65$23,755,341$2,758,229$914,166$18,697,868
66$26,046,842$2,761,838$813,247$20,426,656
67$28,567,933$2,761,481$704,803$22,328,234
68$31,341,900$2,756,832$588,453$24,420,196
69$34,394,404$2,747,546$463,795$26,721,934
70$37,753,715$2,733,258$330,415$29,254,819
71$41,450,985$2,713,579$187,875$32,042,407
72$45,520,538$2,688,097$35,721$35,110,658
73$50,000,194$2,656,375$0$38,488,184
74$54,931,627$2,617,950$0$42,225,437
75$60,360,756$2,572,332$0$46,345,177
76$66,338,177$2,519,001$0$50,880,443
77$72,919,646$2,457,407$0$55,873,530
78$80,166,596$2,386,966$0$61,371,046
79$88,146,723$2,307,061$0$67,424,358
80$96,934,622$2,217,040$0$74,090,066
81$106,612,489$2,116,211$0$81,430,551
82$117,270,902$2,003,844$0$89,514,551
83$129,009,666$1,879,165$0$98,417,822
84$141,938,764$1,741,356$0$108,223,843
85$156,179,388$1,589,552$0$119,024,614
86$171,865,087$1,422,841$0$130,921,518
87$189,143,021$1,240,257$0$144,026,282
88$208,175,358$1,040,778$0$158,462,030
89$229,140,795$823,326$0$174,364,448
90$252,236,250$586,764$0$191,883,066
91$277,678,720$329,887$0$211,182,668
92$305,707,324$51,426$0$232,444,848
93$336,585,565$0$0$255,869,730
94$370,603,813$0$0$281,724,612
95$408,082,048$0$0$310,219,946
96$449,372,878$0$0$341,614,226
97$494,864,865$0$0$376,202,906
98$544,986,198$0$0$414,311,568
99$600,208,728$0$0$456,298,997
100$661,052,425$0$0$502,560,564