Can I retire at age 35 with 1,940,000?

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 $1,940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$160,203$158,776$157,384$156,025$154,698$148,678
2 years$79,309$77,832$76,400$75,012$73,666$67,673
3 years$52,347$50,864$49,436$48,061$46,737$40,960
4 years$38,869$37,390$35,977$34,625$33,333$27,817
5 years$30,784$29,314$27,919$26,596$25,339$20,098
6 years$25,396$23,937$22,563$21,269$20,050$15,086
7 years$21,549$20,103$18,750$17,486$16,306$11,618
8 years$18,665$17,232$15,901$14,669$13,527$9,111
9 years$16,423$15,003$13,696$12,494$11,392$7,241
10 years$14,631$13,225$11,940$10,770$9,707$5,813
11 years$13,165$11,773$10,512$9,373$8,348$4,703
12 years$11,945$10,567$9,329$8,222$7,234$3,828
13 years$10,913$9,549$8,335$7,259$6,308$3,130
14 years$10,029$8,680$7,489$6,443$5,530$2,570
15 years$9,264$7,929$6,762$5,746$4,869$2,116
16 years$8,595$7,275$6,130$5,145$4,303$1,747
17 years$8,005$6,700$5,578$4,623$3,816$1,446
18 years$7,482$6,191$5,092$4,166$3,393$1,198
19 years$7,014$5,738$4,662$3,765$3,024$994
20 years$6,593$5,332$4,278$3,409$2,701$826
21 years$6,213$4,967$3,935$3,094$2,417$687
22 years$5,868$4,636$3,627$2,813$2,167$572
23 years$5,554$4,336$3,349$2,562$1,945$476
24 years$5,266$4,063$3,097$2,337$1,748$397
25 years$5,002$3,813$2,869$2,134$1,573$331
26 years$4,758$3,583$2,660$1,951$1,417$276
27 years$4,533$3,372$2,470$1,786$1,277$230
28 years$4,324$3,178$2,297$1,637$1,153$192
29 years$4,130$2,998$2,137$1,501$1,041$160
30 years$3,949$2,831$1,991$1,377$940$134
31 years$3,780$2,676$1,856$1,265$850$112
32 years$3,622$2,532$1,732$1,163$769$93
33 years$3,474$2,398$1,617$1,069$696$78
34 years$3,335$2,273$1,511$984$630$65
35 years$3,204$2,156$1,412$905$571$54
36 years$3,081$2,046$1,321$834$517$45
37 years$2,965$1,943$1,237$768$469$38
38 years$2,855$1,847$1,158$708$425$32
39 years$2,751$1,756$1,085$653$385$26
40 years$2,652$1,671$1,017$602$350$22
41 years$2,559$1,591$954$556$317$18
42 years$2,470$1,515$894$513$288$15
43 years$2,385$1,443$839$473$261$13
44 years$2,305$1,376$788$437$237$11
45 years$2,228$1,312$740$404$215$9
46 years$2,155$1,251$695$373$195$7
47 years$2,086$1,194$653$345$177$6
48 years$2,019$1,140$613$318$161$5
49 years$1,955$1,089$577$294$146$4
50 years$1,894$1,040$542$272$133$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,940,000, adding $4,511 every year, while hoping to spend $30,146 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: 31/43/26 Blend
34$1,940,000$1,940,000$1,940,000$1,940,000
35$2,142,533$2,039,713$2,009,643$2,191,711
36$2,328,996$2,107,584$2,044,891$2,297,752
37$2,533,469$2,177,770$2,080,309$2,408,842
38$2,757,755$2,250,353$2,115,872$2,527,822
39$3,003,843$2,325,418$2,151,551$2,655,404
40$3,273,923$2,403,052$2,187,317$2,792,366
41$3,570,408$2,483,346$2,223,136$2,939,564
42$3,895,954$2,566,394$2,258,976$3,097,941
43$4,253,490$2,652,296$2,294,800$3,268,531
44$4,646,238$2,741,150$2,330,568$3,452,469
45$5,077,752$2,833,064$2,366,239$3,651,008
46$5,551,944$2,928,146$2,401,770$3,865,519
47$6,073,127$3,026,510$2,437,113$4,097,516
48$6,646,049$3,128,272$2,472,220$4,348,660
49$7,275,943$3,233,554$2,507,036$4,620,780
50$7,968,574$3,342,483$2,541,507$4,915,886
51$8,730,293$3,455,190$2,575,572$5,236,193
52$9,568,100$3,571,810$2,609,170$5,584,136
53$10,489,703$3,692,486$2,642,234$5,962,393
54$11,503,597$3,817,363$2,674,694$6,373,916
55$12,619,143$3,946,593$2,706,476$6,821,949
56$13,846,654$4,080,334$2,737,501$7,310,066
57$15,197,492$4,218,749$2,767,686$7,842,201
58$16,684,177$4,362,009$2,796,945$8,422,684
59$18,320,506$4,510,290$2,825,185$9,056,282
60$20,121,678$4,663,775$2,852,309$9,748,246
61$22,104,442$4,822,653$2,878,215$10,504,355
62$24,287,255$4,987,123$2,902,795$11,330,975
63$26,690,452$5,157,389$2,925,935$12,235,113
64$29,336,440$5,333,663$2,947,517$13,224,491
65$32,249,912$5,516,167$2,967,413$14,307,607
66$35,458,074$5,705,131$2,985,492$15,493,826
67$38,990,907$5,900,791$3,001,616$16,793,459
68$42,881,446$6,103,397$3,015,636$18,217,864
69$47,166,094$6,313,204$3,027,401$19,779,552
70$51,884,965$6,530,480$3,036,748$21,492,303
71$57,082,261$6,755,503$3,043,508$23,371,299
72$62,806,689$6,988,560$3,047,503$25,433,260
73$69,111,922$7,229,951$3,048,546$27,696,608
74$76,057,107$7,479,987$3,046,441$30,181,635
75$83,707,417$7,738,991$3,040,982$32,910,698
76$92,134,672$8,007,300$3,031,953$35,908,425
77$101,418,014$8,285,263$3,019,128$39,201,949
78$111,644,653$8,573,243$3,002,271$42,821,164
79$122,910,692$8,871,616$2,981,132$46,799,004
80$135,322,033$9,180,776$2,955,450$51,171,753
81$148,995,376$9,501,130$2,924,954$55,979,391
82$164,059,321$9,833,102$2,889,356$61,265,963
83$180,655,581$10,177,132$2,848,358$67,080,001
84$198,940,318$10,533,680$2,801,646$73,474,976
85$219,085,622$10,903,221$2,748,893$80,509,803
86$241,281,128$11,286,252$2,689,753$88,249,398
87$265,735,812$11,683,288$2,623,869$96,765,286
88$292,679,960$12,094,864$2,550,864$106,136,281
89$322,367,343$12,521,539$2,470,345$116,449,220
90$355,077,611$12,963,894$2,381,901$127,799,789
91$391,118,933$13,422,531$2,285,100$140,293,423
92$430,830,908$13,898,078$2,179,495$154,046,297
93$474,587,766$14,391,189$2,064,613$169,186,425
94$522,801,905$14,902,544$1,939,964$185,854,865
95$575,927,781$15,432,850$1,805,035$204,207,050
96$634,466,198$15,982,844$1,659,287$224,414,253
97$698,969,039$16,553,292$1,502,162$246,665,203
98$770,044,469$17,144,991$1,333,072$271,167,864
99$848,362,681$17,758,772$1,151,406$298,151,399
100$934,662,222$18,395,499$956,526$327,868,328