Can I retire at age 35 with 1,950,000?

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 $1,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$161,029$159,595$158,195$156,829$155,496$153,808
2 years$79,717$78,233$76,794$75,399$74,046$72,346
3 years$52,617$51,126$49,691$48,309$46,978$45,319
4 years$39,070$37,583$36,162$34,804$33,505$31,900
5 years$30,943$29,466$28,063$26,733$25,470$23,924
6 years$25,527$24,061$22,679$21,378$20,153$18,668
7 years$21,660$20,206$18,847$17,576$16,390$14,966
8 years$18,761$17,320$15,983$14,744$13,597$12,234
9 years$16,508$15,081$13,767$12,559$11,451$10,148
10 years$14,706$13,293$12,002$10,826$9,757$8,514
11 years$13,233$11,834$10,566$9,422$8,391$7,207
12 years$12,006$10,621$9,377$8,264$7,271$6,145
13 years$10,969$9,599$8,378$7,296$6,341$5,270
14 years$10,081$8,725$7,528$6,477$5,558$4,542
15 years$9,312$7,970$6,797$5,776$4,894$3,931
16 years$8,639$7,313$6,162$5,172$4,325$3,413
17 years$8,047$6,735$5,607$4,647$3,835$2,973
18 years$7,520$6,223$5,119$4,188$3,410$2,596
19 years$7,050$5,768$4,686$3,784$3,039$2,271
20 years$6,627$5,359$4,300$3,427$2,715$1,991
21 years$6,245$4,992$3,956$3,110$2,430$1,748
22 years$5,899$4,660$3,646$2,828$2,178$1,537
23 years$5,583$4,358$3,366$2,575$1,955$1,353
24 years$5,293$4,084$3,113$2,349$1,757$1,192
25 years$5,027$3,832$2,883$2,145$1,581$1,052
26 years$4,782$3,602$2,674$1,961$1,424$928
27 years$4,556$3,390$2,483$1,795$1,284$820
28 years$4,346$3,194$2,308$1,645$1,159$725
29 years$4,151$3,013$2,148$1,508$1,046$641
30 years$3,969$2,846$2,001$1,384$945$567
31 years$3,800$2,690$1,865$1,271$855$502
32 years$3,641$2,545$1,741$1,169$773$445
33 years$3,492$2,410$1,625$1,075$700$394
34 years$3,352$2,285$1,518$989$633$349
35 years$3,221$2,167$1,420$910$574$309
36 years$3,097$2,057$1,328$838$520$274
37 years$2,980$1,953$1,243$772$471$243
38 years$2,870$1,856$1,164$712$427$216
39 years$2,765$1,765$1,091$656$387$191
40 years$2,666$1,679$1,022$605$351$170
41 years$2,572$1,599$958$559$319$151
42 years$2,483$1,523$899$515$289$134
43 years$2,398$1,451$844$476$262$119
44 years$2,317$1,383$792$439$238$105
45 years$2,240$1,319$744$406$216$93
46 years$2,166$1,258$698$375$196$83
47 years$2,096$1,200$656$346$178$74
48 years$2,029$1,146$617$320$162$65
49 years$1,965$1,094$580$296$147$58
50 years$1,904$1,045$545$273$134$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,950,000, adding $6,862 every year, while hoping to spend $40,343 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: 39/31/30 Blend
34$1,950,000$1,950,000$1,950,000$1,950,000
35$2,155,978$2,052,628$2,022,403$2,220,676
36$2,332,963$2,110,282$2,047,229$2,326,438
37$2,526,649$2,169,409$2,071,534$2,436,531
38$2,738,695$2,230,039$2,095,259$2,554,828
39$2,970,932$2,292,201$2,118,340$2,682,103
40$3,225,373$2,355,924$2,140,711$2,819,211
41$3,504,237$2,421,240$2,162,300$2,967,094
42$3,809,965$2,488,177$2,183,033$3,126,788
43$4,145,249$2,556,765$2,202,832$3,299,435
44$4,513,052$2,627,034$2,221,615$3,486,293
45$4,916,638$2,699,014$2,239,293$3,688,747
46$5,359,602$2,772,733$2,255,777$3,908,324
47$5,845,905$2,848,220$2,270,969$4,146,705
48$6,379,909$2,925,504$2,284,768$4,405,744
49$6,966,420$3,004,614$2,297,068$4,687,481
50$7,610,731$3,085,576$2,307,756$4,994,166
51$8,318,674$3,168,418$2,316,714$5,328,279
52$9,096,675$3,253,167$2,323,820$5,692,551
53$9,951,811$3,339,847$2,328,943$6,089,991
54$10,891,879$3,428,484$2,331,947$6,523,918
55$11,925,472$3,519,101$2,332,688$6,997,987
56$13,062,054$3,611,720$2,331,017$7,516,227
57$14,312,053$3,706,364$2,326,776$8,083,077
58$15,686,959$3,803,052$2,319,799$8,703,431
59$17,199,430$3,901,803$2,309,913$9,382,682
60$18,863,413$4,002,633$2,296,937$10,126,774
61$20,694,277$4,105,557$2,280,680$10,942,257
62$22,708,952$4,210,589$2,260,942$11,836,351
63$24,926,097$4,317,739$2,237,515$12,817,013
64$27,366,266$4,427,015$2,210,179$13,893,012
65$30,052,110$4,538,424$2,178,705$15,074,014
66$33,008,586$4,651,968$2,142,852$16,370,672
67$36,263,195$4,767,647$2,102,371$17,794,727
68$39,846,237$4,885,458$2,056,997$19,359,119
69$43,791,102$5,005,394$2,006,454$21,078,112
70$48,134,580$5,127,444$1,950,457$22,967,424
71$52,917,212$5,251,593$1,888,701$25,044,381
72$58,183,668$5,377,823$1,820,874$27,328,077
73$63,983,174$5,506,107$1,746,645$29,839,559
74$70,369,970$5,636,419$1,665,669$32,602,023
75$77,403,824$5,768,721$1,577,587$35,641,032
76$85,150,600$5,902,974$1,482,022$38,984,764
77$93,682,872$6,039,130$1,378,580$42,664,272
78$103,080,613$6,177,136$1,266,851$46,713,783
79$113,431,950$6,316,930$1,146,404$51,171,019
80$124,833,992$6,458,442$1,016,792$56,077,555
81$137,393,750$6,601,597$877,545$61,479,210
82$151,229,143$6,746,306$728,174$67,426,487
83$166,470,116$6,892,475$568,168$73,975,041
84$183,259,860$7,039,998$396,994$81,186,215
85$201,756,165$7,188,758$214,093$89,127,613
86$222,132,914$7,338,627$18,885$97,873,746
87$244,581,716$7,489,464$0$107,506,729
88$269,313,720$7,641,117$0$118,177,703
89$296,561,605$7,793,418$0$129,936,163
90$326,581,778$7,946,184$0$142,886,197
91$359,656,792$8,099,220$0$157,149,174
92$396,098,013$8,252,310$0$172,858,841
93$436,248,559$8,405,222$0$190,162,587
94$480,486,541$8,557,707$0$209,222,832
95$529,228,626$8,709,493$0$230,218,563
96$582,933,977$8,860,289$0$253,347,021
97$642,108,581$9,009,781$0$278,825,566
98$707,310,027$9,157,631$0$306,893,725
99$779,152,771$9,303,476$0$337,815,461
100$858,313,935$9,446,928$0$371,881,657