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%17.3%
1 years$160,203$158,776$157,384$156,025$154,698$150,107
2 years$79,309$77,832$76,400$75,012$73,666$69,078
3 years$52,347$50,864$49,436$48,061$46,737$42,296
4 years$38,869$37,390$35,977$34,625$33,333$29,074
5 years$30,784$29,314$27,919$26,596$25,339$21,273
6 years$25,396$23,937$22,563$21,269$20,050$16,181
7 years$21,549$20,103$18,750$17,486$16,306$12,634
8 years$18,665$17,232$15,901$14,669$13,527$10,049
9 years$16,423$15,003$13,696$12,494$11,392$8,105
10 years$14,631$13,225$11,940$10,770$9,707$6,605
11 years$13,165$11,773$10,512$9,373$8,348$5,427
12 years$11,945$10,567$9,329$8,222$7,234$4,489
13 years$10,913$9,549$8,335$7,259$6,308$3,731
14 years$10,029$8,680$7,489$6,443$5,530$3,115
15 years$9,264$7,929$6,762$5,746$4,869$2,610
16 years$8,595$7,275$6,130$5,145$4,303$2,192
17 years$8,005$6,700$5,578$4,623$3,816$1,846
18 years$7,482$6,191$5,092$4,166$3,393$1,557
19 years$7,014$5,738$4,662$3,765$3,024$1,316
20 years$6,593$5,332$4,278$3,409$2,701$1,114
21 years$6,213$4,967$3,935$3,094$2,417$943
22 years$5,868$4,636$3,627$2,813$2,167$800
23 years$5,554$4,336$3,349$2,562$1,945$679
24 years$5,266$4,063$3,097$2,337$1,748$577
25 years$5,002$3,813$2,869$2,134$1,573$490
26 years$4,758$3,583$2,660$1,951$1,417$416
27 years$4,533$3,372$2,470$1,786$1,277$354
28 years$4,324$3,178$2,297$1,637$1,153$301
29 years$4,130$2,998$2,137$1,501$1,041$256
30 years$3,949$2,831$1,991$1,377$940$218
31 years$3,780$2,676$1,856$1,265$850$186
32 years$3,622$2,532$1,732$1,163$769$158
33 years$3,474$2,398$1,617$1,069$696$135
34 years$3,335$2,273$1,511$984$630$115
35 years$3,204$2,156$1,412$905$571$98
36 years$3,081$2,046$1,321$834$517$83
37 years$2,965$1,943$1,237$768$469$71
38 years$2,855$1,847$1,158$708$425$61
39 years$2,751$1,756$1,085$653$385$52
40 years$2,652$1,671$1,017$602$350$44
41 years$2,559$1,591$954$556$317$37
42 years$2,470$1,515$894$513$288$32
43 years$2,385$1,443$839$473$261$27
44 years$2,305$1,376$788$437$237$23
45 years$2,228$1,312$740$404$215$20
46 years$2,155$1,251$695$373$195$17
47 years$2,086$1,194$653$345$177$14
48 years$2,019$1,140$613$318$161$12
49 years$1,955$1,089$577$294$146$10
50 years$1,894$1,040$542$272$133$9

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 $6,278 every year, while hoping to spend $37,744 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: 61/23/16 Blend
34$1,940,000$1,940,000$1,940,000$1,940,000
35$2,144,356$2,041,536$2,011,466$2,266,146
36$2,322,921$2,101,412$2,038,691$2,408,806
37$2,518,434$2,162,957$2,065,562$2,559,626
38$2,732,585$2,226,212$2,092,029$2,723,324
39$2,967,234$2,291,221$2,118,037$2,901,151
40$3,224,428$2,358,028$2,143,528$3,094,485
41$3,506,424$2,426,675$2,168,441$3,304,844
42$3,815,707$2,497,210$2,192,710$3,533,897
43$4,155,012$2,569,676$2,216,270$3,783,485
44$4,527,355$2,644,122$2,239,046$4,055,633
45$4,936,056$2,720,594$2,260,965$4,352,572
46$5,384,771$2,799,142$2,281,945$4,676,760
47$5,877,531$2,879,813$2,301,903$5,030,903
48$6,418,773$2,962,657$2,320,751$5,417,982
49$7,013,386$3,047,726$2,338,394$5,841,279
50$7,666,757$3,135,070$2,354,736$6,304,413
51$8,384,818$3,224,740$2,369,672$6,811,367
52$9,174,108$3,316,790$2,383,094$7,366,530
53$10,041,827$3,411,273$2,394,887$7,974,738
54$10,995,910$3,508,243$2,404,933$8,641,318
55$12,045,099$3,607,753$2,413,104$9,372,138
56$13,199,025$3,709,858$2,419,269$10,173,664
57$14,468,299$3,814,615$2,423,288$11,053,020
58$15,864,613$3,922,078$2,425,015$12,018,055
59$17,400,847$4,032,304$2,424,298$13,077,416
60$19,091,197$4,145,350$2,420,975$14,240,631
61$20,951,299$4,261,272$2,414,877$15,518,199
62$22,998,384$4,380,127$2,405,829$16,921,687
63$25,251,439$4,501,973$2,393,643$18,463,842
64$27,731,383$4,626,867$2,378,128$20,158,708
65$30,461,266$4,754,866$2,359,077$22,021,760
66$33,466,488$4,886,027$2,336,279$24,070,051
67$36,775,036$5,020,408$2,309,510$26,322,371
68$40,417,746$5,158,065$2,278,536$28,799,425
69$44,428,600$5,299,054$2,243,110$31,524,029
70$48,845,041$5,443,431$2,202,978$34,521,324
71$53,708,327$5,591,252$2,157,870$37,819,015
72$59,063,924$5,742,570$2,107,506$41,447,629
73$64,961,927$5,897,439$2,051,591$45,440,809
74$71,457,542$6,055,912$1,989,817$49,835,625
75$78,611,598$6,218,039$1,921,863$54,672,928
76$86,491,128$6,383,869$1,847,392$59,997,736
77$95,169,996$6,553,452$1,766,053$65,859,654
78$104,729,597$6,726,832$1,677,477$72,313,349
79$115,259,624$6,904,055$1,581,280$79,419,062
80$126,858,912$7,085,161$1,477,060$87,243,176
81$139,636,377$7,270,189$1,364,397$95,858,846
82$153,712,036$7,459,177$1,242,853$105,346,686
83$169,218,143$7,652,156$1,111,968$115,795,534
84$186,300,439$7,849,157$971,264$127,303,287
85$205,119,523$8,050,205$820,241$139,977,828
86$225,852,372$8,255,323$658,377$153,938,042
87$248,694,007$8,464,527$485,126$169,314,942
88$273,859,337$8,677,830$299,919$186,252,903
89$301,585,185$8,895,239$102,161$204,911,026
90$332,132,523$9,116,755$0$225,464,640
91$365,788,937$9,342,373$0$248,125,546
92$402,871,341$9,572,082$0$273,107,899
93$443,728,967$9,805,862$0$300,628,995
94$488,746,659$10,043,687$0$330,947,527
95$538,348,513$10,285,522$0$364,348,571
96$593,001,870$10,531,322$0$401,146,273
97$653,221,738$10,781,033$0$441,686,817
98$719,575,642$11,034,591$0$486,351,688
99$792,688,991$11,291,920$0$535,561,281
100$873,250,976$11,552,932$0$589,778,861