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%12.7%
1 years$160,203$158,776$157,384$156,025$154,698$152,956
2 years$79,309$77,832$76,400$75,012$73,666$71,911
3 years$52,347$50,864$49,436$48,061$46,737$45,025
4 years$38,869$37,390$35,977$34,625$33,333$31,677
5 years$30,784$29,314$27,919$26,596$25,339$23,744
6 years$25,396$23,937$22,563$21,269$20,050$18,518
7 years$21,549$20,103$18,750$17,486$16,306$14,837
8 years$18,665$17,232$15,901$14,669$13,527$12,122
9 years$16,423$15,003$13,696$12,494$11,392$10,049
10 years$14,631$13,225$11,940$10,770$9,707$8,426
11 years$13,165$11,773$10,512$9,373$8,348$7,128
12 years$11,945$10,567$9,329$8,222$7,234$6,073
13 years$10,913$9,549$8,335$7,259$6,308$5,206
14 years$10,029$8,680$7,489$6,443$5,530$4,484
15 years$9,264$7,929$6,762$5,746$4,869$3,877
16 years$8,595$7,275$6,130$5,145$4,303$3,365
17 years$8,005$6,700$5,578$4,623$3,816$2,929
18 years$7,482$6,191$5,092$4,166$3,393$2,555
19 years$7,014$5,738$4,662$3,765$3,024$2,234
20 years$6,593$5,332$4,278$3,409$2,701$1,957
21 years$6,213$4,967$3,935$3,094$2,417$1,717
22 years$5,868$4,636$3,627$2,813$2,167$1,508
23 years$5,554$4,336$3,349$2,562$1,945$1,327
24 years$5,266$4,063$3,097$2,337$1,748$1,168
25 years$5,002$3,813$2,869$2,134$1,573$1,030
26 years$4,758$3,583$2,660$1,951$1,417$908
27 years$4,533$3,372$2,470$1,786$1,277$802
28 years$4,324$3,178$2,297$1,637$1,153$708
29 years$4,130$2,998$2,137$1,501$1,041$626
30 years$3,949$2,831$1,991$1,377$940$553
31 years$3,780$2,676$1,856$1,265$850$489
32 years$3,622$2,532$1,732$1,163$769$433
33 years$3,474$2,398$1,617$1,069$696$383
34 years$3,335$2,273$1,511$984$630$339
35 years$3,204$2,156$1,412$905$571$300
36 years$3,081$2,046$1,321$834$517$266
37 years$2,965$1,943$1,237$768$469$236
38 years$2,855$1,847$1,158$708$425$209
39 years$2,751$1,756$1,085$653$385$185
40 years$2,652$1,671$1,017$602$350$164
41 years$2,559$1,591$954$556$317$145
42 years$2,470$1,515$894$513$288$129
43 years$2,385$1,443$839$473$261$114
44 years$2,305$1,376$788$437$237$101
45 years$2,228$1,312$740$404$215$90
46 years$2,155$1,251$695$373$195$80
47 years$2,086$1,194$653$345$177$71
48 years$2,019$1,140$613$318$161$63
49 years$1,955$1,089$577$294$146$56
50 years$1,894$1,040$542$272$133$49

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 $4,089 every year, while hoping to spend $51,706 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: 46/25/29 Blend
34$1,940,000$1,940,000$1,940,000$1,940,000
35$2,142,098$2,039,278$2,009,208$2,222,572
36$2,305,577$2,084,188$2,021,501$2,324,985
37$2,483,998$2,129,565$2,032,474$2,430,739
38$2,678,831$2,175,378$2,042,027$2,544,504
39$2,891,692$2,221,593$2,050,055$2,667,061
40$3,124,364$2,268,170$2,056,451$2,799,269
41$3,378,806$2,315,067$2,061,099$2,942,078
42$3,657,177$2,362,239$2,063,879$3,096,534
43$3,961,855$2,409,634$2,064,665$3,263,790
44$4,295,458$2,457,199$2,063,325$3,445,120
45$4,660,866$2,504,874$2,059,718$3,641,928
46$5,061,255$2,552,594$2,053,699$3,855,761
47$5,500,121$2,600,289$2,045,116$4,088,330
48$5,981,314$2,647,883$2,033,808$4,341,516
49$6,509,074$2,695,295$2,019,606$4,617,399
50$7,088,072$2,742,437$2,002,335$4,918,270
51$7,723,452$2,789,214$1,981,811$5,246,657
52$8,420,882$2,835,523$1,957,839$5,605,348
53$9,186,603$2,881,255$1,930,218$5,997,418
54$10,027,492$2,926,292$1,898,736$6,426,259
55$10,951,123$2,970,507$1,863,170$6,895,610
56$11,965,840$3,013,764$1,823,289$7,409,597
57$13,080,836$3,055,919$1,778,850$7,972,769
58$14,306,238$3,096,816$1,729,597$8,590,142
59$15,653,203$3,136,288$1,675,267$9,267,249
60$17,134,021$3,174,157$1,615,580$10,010,191
61$18,762,234$3,210,234$1,550,245$10,825,696
62$20,552,762$3,244,316$1,478,959$11,721,182
63$22,522,043$3,276,187$1,401,403$12,704,831
64$24,688,187$3,305,615$1,317,245$13,785,663
65$27,071,148$3,332,356$1,226,139$14,973,624
66$29,692,911$3,356,147$1,127,720$16,279,683
67$32,577,699$3,376,710$1,021,610$17,715,933
68$35,752,204$3,393,748$907,413$19,295,707
69$39,245,832$3,406,946$784,716$21,033,706
70$43,090,988$3,415,967$653,085$22,946,139
71$47,323,376$3,420,457$512,070$25,050,877
72$51,982,336$3,420,035$361,201$27,367,622
73$57,111,218$3,414,300$199,984$29,918,096
74$62,757,786$3,402,824$27,907$32,726,246
75$68,974,672$3,385,154$0$35,818,475
76$75,819,872$3,360,810$0$39,272,074
77$83,357,290$3,329,281$0$43,083,291
78$91,657,345$3,290,027$0$47,279,033
79$100,797,629$3,242,474$0$51,898,484
80$110,863,647$3,186,015$0$56,984,825
81$121,949,615$3,120,006$0$62,585,648
82$134,159,356$3,043,766$0$68,753,400
83$147,607,272$2,956,572$0$75,545,886
84$162,419,431$2,857,662$0$83,026,808
85$178,734,752$2,746,226$0$91,266,373
86$196,706,313$2,621,408$0$100,341,955
87$216,502,804$2,482,304$0$110,338,826
88$238,310,109$2,327,955$0$121,350,962
89$262,333,066$2,157,351$0$133,481,931
90$288,797,396$1,969,419$0$146,845,875
91$317,951,839$1,763,029$0$161,568,584
92$350,070,494$1,536,985$0$177,788,690
93$385,455,410$1,290,023$0$195,658,974
94$424,439,436$1,020,808$0$215,347,812
95$467,389,361$727,930$0$237,040,764
96$514,709,378$409,900$0$260,942,330
97$566,844,894$65,145$0$287,277,882
98$624,286,741$0$0$316,295,794
99$687,575,801$0$0$348,354,518
100$757,308,118$0$0$383,697,195