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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.6%
1 years$161,029$159,595$158,195$156,829$155,496$149,503
2 years$79,717$78,233$76,794$75,399$74,046$68,080
3 years$52,617$51,126$49,691$48,309$46,978$41,226
4 years$39,070$37,583$36,162$34,804$33,505$28,012
5 years$30,943$29,466$28,063$26,733$25,470$20,249
6 years$25,527$24,061$22,679$21,378$20,153$15,208
7 years$21,660$20,206$18,847$17,576$16,390$11,719
8 years$18,761$17,320$15,983$14,744$13,597$9,196
9 years$16,508$15,081$13,767$12,559$11,451$7,313
10 years$14,706$13,293$12,002$10,826$9,757$5,874
11 years$13,233$11,834$10,566$9,422$8,391$4,755
12 years$12,006$10,621$9,377$8,264$7,271$3,873
13 years$10,969$9,599$8,378$7,296$6,341$3,170
14 years$10,081$8,725$7,528$6,477$5,558$2,604
15 years$9,312$7,970$6,797$5,776$4,894$2,146
16 years$8,639$7,313$6,162$5,172$4,325$1,773
17 years$8,047$6,735$5,607$4,647$3,835$1,468
18 years$7,520$6,223$5,119$4,188$3,410$1,217
19 years$7,050$5,768$4,686$3,784$3,039$1,011
20 years$6,627$5,359$4,300$3,427$2,715$841
21 years$6,245$4,992$3,956$3,110$2,430$700
22 years$5,899$4,660$3,646$2,828$2,178$583
23 years$5,583$4,358$3,366$2,575$1,955$486
24 years$5,293$4,084$3,113$2,349$1,757$405
25 years$5,027$3,832$2,883$2,145$1,581$338
26 years$4,782$3,602$2,674$1,961$1,424$282
27 years$4,556$3,390$2,483$1,795$1,284$235
28 years$4,346$3,194$2,308$1,645$1,159$196
29 years$4,151$3,013$2,148$1,508$1,046$164
30 years$3,969$2,846$2,001$1,384$945$137
31 years$3,800$2,690$1,865$1,271$855$115
32 years$3,641$2,545$1,741$1,169$773$96
33 years$3,492$2,410$1,625$1,075$700$80
34 years$3,352$2,285$1,518$989$633$67
35 years$3,221$2,167$1,420$910$574$56
36 years$3,097$2,057$1,328$838$520$47
37 years$2,980$1,953$1,243$772$471$39
38 years$2,870$1,856$1,164$712$427$33
39 years$2,765$1,765$1,091$656$387$27
40 years$2,666$1,679$1,022$605$351$23
41 years$2,572$1,599$958$559$319$19
42 years$2,483$1,523$899$515$289$16
43 years$2,398$1,451$844$476$262$13
44 years$2,317$1,383$792$439$238$11
45 years$2,240$1,319$744$406$216$9
46 years$2,166$1,258$698$375$196$8
47 years$2,096$1,200$656$346$178$7
48 years$2,029$1,146$617$320$162$5
49 years$1,965$1,094$580$296$147$5
50 years$1,904$1,045$545$273$134$4

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 $6,234 every year, while hoping to spend $46,740 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: 69/19/12 Blend
34$1,950,000$1,950,000$1,950,000$1,950,000
35$2,155,330$2,051,980$2,021,755$2,298,050
36$2,325,443$2,102,796$2,039,753$2,444,462
37$2,511,341$2,154,536$2,056,787$2,598,371
38$2,714,584$2,207,195$2,072,776$2,765,527
39$2,936,892$2,260,767$2,087,634$2,947,224
40$3,180,155$2,315,245$2,101,271$3,144,890
41$3,446,458$2,370,619$2,113,590$3,360,095
42$3,738,094$2,426,878$2,124,493$3,594,567
43$4,057,591$2,484,006$2,133,875$3,850,214
44$4,407,730$2,541,986$2,141,624$4,129,132
45$4,791,575$2,600,801$2,147,625$4,433,635
46$5,212,502$2,660,426$2,151,757$4,766,269
47$5,674,227$2,720,836$2,153,891$5,129,840
48$6,180,844$2,782,004$2,153,892$5,527,437
49$6,736,864$2,843,896$2,151,621$5,962,468
50$7,347,253$2,906,476$2,146,930$6,438,683
51$8,017,484$2,969,704$2,139,663$6,960,216
52$8,753,584$3,033,536$2,129,658$7,531,622
53$9,562,193$3,097,922$2,116,745$8,157,919
54$10,450,626$3,162,810$2,100,745$8,844,636
55$11,426,941$3,228,139$2,081,471$9,597,866
56$12,500,017$3,293,846$2,058,728$10,424,323
57$13,679,633$3,359,859$2,032,311$11,331,405
58$14,976,566$3,426,102$2,002,003$12,327,262
59$16,402,687$3,492,492$1,967,581$13,420,878
60$17,971,075$3,558,938$1,928,809$14,622,152
61$19,696,141$3,625,342$1,885,440$15,941,990
62$21,593,762$3,691,599$1,837,218$17,392,413
63$23,681,432$3,757,593$1,783,871$18,986,666
64$25,978,425$3,823,203$1,725,117$20,739,347
65$28,505,978$3,888,294$1,660,663$22,666,540
66$31,287,491$3,952,723$1,590,198$24,785,972
67$34,348,746$4,016,338$1,513,401$27,117,176
68$37,718,152$4,078,972$1,429,934$29,681,680
69$41,427,012$4,140,449$1,339,444$32,503,207
70$45,509,815$4,200,580$1,241,564$35,607,899
71$50,004,568$4,259,160$1,135,908$39,024,568
72$54,953,147$4,315,972$1,022,074$42,784,963
73$60,401,697$4,370,784$899,643$46,924,072
74$66,401,064$4,423,346$768,175$51,480,456
75$73,007,276$4,473,393$627,212$56,496,606
76$80,282,071$4,520,642$476,276$62,019,351
77$88,293,478$4,564,789$314,867$68,100,300
78$97,116,461$4,605,513$142,464$74,796,323
79$106,833,626$4,642,469$0$82,170,096
80$117,535,998$4,675,291$0$90,296,008
81$129,323,879$4,703,590$0$99,264,670
82$142,307,800$4,726,951$0$109,141,785
83$156,609,556$4,744,932$0$120,019,875
84$172,363,362$4,757,065$0$132,000,901
85$189,717,114$4,762,851$0$145,197,220
86$208,833,789$4,761,760$0$159,732,651
87$229,892,979$4,753,229$0$175,743,640
88$253,092,588$4,736,662$0$193,380,550
89$278,650,698$4,711,425$0$212,809,079
90$306,807,630$4,676,845$0$234,211,828
91$337,828,207$4,632,210$0$257,790,021
92$372,004,259$4,576,762$0$283,765,408
93$409,657,371$4,509,702$0$312,382,357
94$451,141,924$4,430,178$0$343,910,162
95$496,848,436$4,337,293$0$378,645,585
96$547,207,248$4,230,092$0$416,915,658
97$602,692,587$4,107,566$0$459,080,774
98$663,827,043$3,968,649$0$505,538,085
99$731,186,497$3,812,208$0$556,725,255
100$805,405,561$3,637,048$0$613,124,590