Can I retire at age 35 with 1,960,000?

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 $1,960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$161,855$160,413$159,007$157,634$156,293$151,899
2 years$80,126$78,634$77,188$75,785$74,425$70,032
3 years$52,887$51,388$49,946$48,556$47,218$42,963
4 years$39,270$37,776$36,348$34,982$33,677$29,592
5 years$31,102$29,617$28,207$26,870$25,600$21,698
6 years$25,658$24,184$22,796$21,488$20,257$16,540
7 years$21,771$20,310$18,943$17,666$16,474$12,943
8 years$18,858$17,409$16,065$14,820$13,667$10,320
9 years$16,593$15,158$13,837$12,623$11,510$8,343
10 years$14,782$13,361$12,064$10,881$9,807$6,817
11 years$13,301$11,894$10,621$9,470$8,434$5,616
12 years$12,068$10,676$9,425$8,307$7,309$4,657
13 years$11,025$9,648$8,421$7,333$6,373$3,882
14 years$10,132$8,770$7,566$6,510$5,587$3,249
15 years$9,359$8,011$6,831$5,806$4,919$2,730
16 years$8,684$7,350$6,194$5,198$4,348$2,300
17 years$8,088$6,769$5,636$4,671$3,855$1,942
18 years$7,559$6,255$5,145$4,209$3,428$1,643
19 years$7,086$5,797$4,710$3,803$3,055$1,393
20 years$6,661$5,387$4,323$3,445$2,729$1,182
21 years$6,278$5,018$3,976$3,126$2,442$1,005
22 years$5,929$4,684$3,664$2,842$2,189$855
23 years$5,611$4,381$3,383$2,589$1,965$728
24 years$5,320$4,104$3,129$2,361$1,766$620
25 years$5,053$3,852$2,898$2,156$1,589$528
26 years$4,807$3,620$2,688$1,972$1,431$451
27 years$4,579$3,407$2,496$1,805$1,291$385
28 years$4,368$3,210$2,320$1,653$1,165$328
29 years$4,172$3,029$2,159$1,516$1,052$280
30 years$3,990$2,860$2,011$1,392$950$239
31 years$3,819$2,704$1,875$1,278$859$204
32 years$3,660$2,558$1,749$1,174$777$175
33 years$3,510$2,423$1,633$1,080$703$149
34 years$3,370$2,296$1,526$994$637$128
35 years$3,237$2,178$1,427$915$577$109
36 years$3,113$2,067$1,335$843$522$93
37 years$2,995$1,963$1,249$776$474$80
38 years$2,884$1,866$1,170$715$429$68
39 years$2,779$1,774$1,096$660$389$58
40 years$2,680$1,688$1,027$608$353$50
41 years$2,585$1,607$963$561$320$43
42 years$2,495$1,530$904$518$291$36
43 years$2,410$1,458$848$478$264$31
44 years$2,329$1,390$796$442$239$27
45 years$2,251$1,325$747$408$217$23
46 years$2,178$1,264$702$377$197$20
47 years$2,107$1,207$660$348$179$17
48 years$2,040$1,152$620$322$163$14
49 years$1,975$1,100$583$297$148$12
50 years$1,914$1,051$548$275$134$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,960,000, adding $4,723 every year, while hoping to spend $33,169 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: 48/30/22 Blend
34$1,960,000$1,960,000$1,960,000$1,960,000
35$2,164,792$2,060,912$2,030,532$2,254,993
36$2,350,309$2,126,605$2,063,263$2,384,093
37$2,553,637$2,194,405$2,095,979$2,520,500
38$2,776,558$2,264,381$2,128,644$2,667,946
39$3,021,034$2,336,603$2,161,221$2,827,483
40$3,289,227$2,411,144$2,193,669$3,000,269
41$3,583,517$2,488,078$2,225,946$3,187,576
42$3,906,526$2,567,485$2,258,006$3,390,806
43$4,261,143$2,649,443$2,289,800$3,611,500
44$4,650,550$2,734,036$2,321,279$3,851,358
45$5,078,252$2,821,349$2,352,387$4,112,247
46$5,548,109$2,911,471$2,383,068$4,396,224
47$6,064,376$3,004,493$2,413,260$4,705,555
48$6,631,739$3,100,510$2,442,901$5,042,734
49$7,255,360$3,199,618$2,471,921$5,410,507
50$7,940,926$3,301,919$2,500,250$5,811,898
51$8,694,704$3,407,516$2,527,812$6,250,236
52$9,523,597$3,516,518$2,554,527$6,729,190
53$10,435,211$3,629,035$2,580,311$7,252,799
54$11,437,926$3,745,181$2,605,076$7,825,511
55$12,540,976$3,865,076$2,628,727$8,452,227
56$13,754,533$3,988,842$2,651,166$9,138,343
57$15,089,805$4,116,605$2,672,290$9,889,806
58$16,559,143$4,248,497$2,691,990$10,713,163
59$18,176,154$4,384,651$2,710,150$11,615,630
60$19,955,831$4,525,209$2,726,649$12,605,155
61$21,914,695$4,670,313$2,741,362$13,690,491
62$24,070,950$4,820,114$2,754,153$14,881,286
63$26,444,653$4,974,766$2,764,883$16,188,165
64$29,057,905$5,134,427$2,773,404$17,622,836
65$31,935,059$5,299,262$2,779,561$19,198,197
66$35,102,951$5,469,441$2,783,192$20,928,460
67$38,591,148$5,645,141$2,784,125$22,829,282
68$42,432,235$5,826,542$2,782,183$24,917,915
69$46,662,113$6,013,832$2,777,176$27,213,366
70$51,320,344$6,207,206$2,768,908$29,736,579
71$56,450,525$6,406,865$2,757,172$32,510,630
72$62,100,692$6,613,015$2,741,751$35,560,946
73$68,323,781$6,825,871$2,722,418$38,915,542
74$75,178,123$7,045,655$2,698,935$42,605,291
75$82,727,996$7,272,596$2,671,053$46,664,207
76$91,044,229$7,506,931$2,638,511$51,129,772
77$100,204,874$7,748,904$2,601,035$56,043,288
78$110,295,940$7,998,769$2,558,338$61,450,264
79$121,412,205$8,256,788$2,510,122$67,400,850
80$133,658,111$8,523,232$2,456,072$73,950,304
81$147,148,747$8,798,379$2,395,860$81,159,519
82$162,010,940$9,082,521$2,329,142$89,095,593
83$178,384,447$9,375,956$2,255,559$97,832,466
84$196,423,277$9,678,993$2,174,736$107,451,613
85$216,297,140$9,991,953$2,086,279$118,042,818
86$238,193,056$10,315,166$1,989,777$129,705,016
87$262,317,115$10,648,976$1,884,801$142,547,232
88$288,896,421$10,993,736$1,770,902$156,689,605
89$318,181,239$11,349,813$1,647,611$172,264,523
90$350,447,356$11,717,585$1,514,437$189,417,875
91$385,998,684$12,097,444$1,370,868$208,310,425
92$425,170,127$12,489,795$1,216,369$229,119,331
93$468,330,743$12,895,059$1,050,381$252,039,814
94$515,887,230$13,313,668$872,320$277,287,007
95$568,287,762$13,746,072$681,577$305,097,978
96$626,026,219$14,192,734$477,515$335,733,971
97$689,646,851$14,654,136$259,469$369,482,874
98$759,749,415$15,130,774$26,747$406,661,934
99$836,994,836$15,623,163$0$447,620,752
100$922,111,447$16,131,835$0$492,796,601