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%16.8%
1 years$161,855$160,413$159,007$157,634$156,293$151,960
2 years$80,126$78,634$77,188$75,785$74,425$70,092
3 years$52,887$51,388$49,946$48,556$47,218$43,021
4 years$39,270$37,776$36,348$34,982$33,677$29,647
5 years$31,102$29,617$28,207$26,870$25,600$21,750
6 years$25,658$24,184$22,796$21,488$20,257$16,589
7 years$21,771$20,310$18,943$17,666$16,474$12,989
8 years$18,858$17,409$16,065$14,820$13,667$10,362
9 years$16,593$15,158$13,837$12,623$11,510$8,382
10 years$14,782$13,361$12,064$10,881$9,807$6,853
11 years$13,301$11,894$10,621$9,470$8,434$5,649
12 years$12,068$10,676$9,425$8,307$7,309$4,687
13 years$11,025$9,648$8,421$7,333$6,373$3,910
14 years$10,132$8,770$7,566$6,510$5,587$3,275
15 years$9,359$8,011$6,831$5,806$4,919$2,753
16 years$8,684$7,350$6,194$5,198$4,348$2,321
17 years$8,088$6,769$5,636$4,671$3,855$1,962
18 years$7,559$6,255$5,145$4,209$3,428$1,661
19 years$7,086$5,797$4,710$3,803$3,055$1,409
20 years$6,661$5,387$4,323$3,445$2,729$1,197
21 years$6,278$5,018$3,976$3,126$2,442$1,018
22 years$5,929$4,684$3,664$2,842$2,189$867
23 years$5,611$4,381$3,383$2,589$1,965$738
24 years$5,320$4,104$3,129$2,361$1,766$629
25 years$5,053$3,852$2,898$2,156$1,589$537
26 years$4,807$3,620$2,688$1,972$1,431$458
27 years$4,579$3,407$2,496$1,805$1,291$391
28 years$4,368$3,210$2,320$1,653$1,165$334
29 years$4,172$3,029$2,159$1,516$1,052$286
30 years$3,990$2,860$2,011$1,392$950$244
31 years$3,819$2,704$1,875$1,278$859$209
32 years$3,660$2,558$1,749$1,174$777$179
33 years$3,510$2,423$1,633$1,080$703$153
34 years$3,370$2,296$1,526$994$637$131
35 years$3,237$2,178$1,427$915$577$112
36 years$3,113$2,067$1,335$843$522$96
37 years$2,995$1,963$1,249$776$474$82
38 years$2,884$1,866$1,170$715$429$70
39 years$2,779$1,774$1,096$660$389$60
40 years$2,680$1,688$1,027$608$353$51
41 years$2,585$1,607$963$561$320$44
42 years$2,495$1,530$904$518$291$38
43 years$2,410$1,458$848$478$264$32
44 years$2,329$1,390$796$442$239$28
45 years$2,251$1,325$747$408$217$24
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$15
49 years$1,975$1,100$583$297$148$13
50 years$1,914$1,051$548$275$134$11

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 $5,692 every year, while hoping to spend $52,519 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: 75/16/9 Blend
34$1,960,000$1,960,000$1,960,000$1,960,000
35$2,165,791$2,061,911$2,031,531$2,324,548
36$2,330,822$2,107,065$2,043,708$2,475,051
37$2,510,926$2,152,671$2,054,532$2,632,722
38$2,707,585$2,198,697$2,063,903$2,804,016
39$2,922,430$2,245,104$2,071,715$2,990,265
40$3,157,257$2,291,854$2,077,857$3,192,936
41$3,414,045$2,338,902$2,082,213$3,413,646
42$3,694,969$2,386,199$2,084,658$3,654,175
43$4,002,427$2,433,694$2,085,065$3,916,484
44$4,339,058$2,481,329$2,083,299$4,202,732
45$4,707,771$2,529,043$2,079,218$4,515,298
46$5,111,764$2,576,767$2,072,673$4,856,804
47$5,554,566$2,624,430$2,063,509$5,230,136
48$6,040,056$2,671,952$2,051,562$5,638,475
49$6,572,514$2,719,249$2,036,660$6,085,327
50$7,156,647$2,766,230$2,018,626$6,574,551
51$7,797,645$2,812,795$1,997,269$7,110,402
52$8,501,222$2,858,839$1,972,395$7,697,567
53$9,273,672$2,904,247$1,943,796$8,341,211
54$10,121,930$2,948,899$1,911,256$9,047,025
55$11,053,634$2,992,662$1,874,551$9,821,278
56$12,077,199$3,035,397$1,833,443$10,670,880
57$13,201,895$3,076,953$1,787,684$11,603,446
58$14,437,933$3,117,169$1,737,017$12,627,363
59$15,796,565$3,155,872$1,681,169$13,751,878
60$17,290,185$3,192,881$1,619,859$14,987,178
61$18,932,449$3,227,997$1,552,789$16,344,488
62$20,738,402$3,261,012$1,479,651$17,836,180
63$22,724,619$3,291,702$1,400,120$19,475,887
64$24,909,364$3,319,829$1,313,858$21,278,631
65$27,312,759$3,345,140$1,220,511$23,260,968
66$29,956,973$3,367,365$1,119,711$25,441,143
67$32,866,433$3,386,215$1,011,070$27,839,261
68$36,068,055$3,401,385$894,187$30,477,478
69$39,591,493$3,412,549$768,639$33,380,210
70$43,469,424$3,419,362$633,986$36,574,367
71$47,737,850$3,421,457$489,771$40,089,600
72$52,436,445$3,418,442$335,512$43,958,589
73$57,608,920$3,409,904$170,709$48,217,348
74$63,303,443$3,395,402$0$52,905,562
75$69,573,087$3,374,469$0$58,067,467
76$76,476,334$3,346,610$0$63,768,292
77$84,077,626$3,311,301$0$70,044,799
78$92,447,973$3,267,983$0$76,955,584
79$101,665,619$3,216,067$0$84,565,219
80$111,816,786$3,154,928$0$92,944,859
81$122,996,482$3,083,903$0$102,172,918
82$135,309,400$3,002,291$0$112,335,806
83$148,870,905$2,909,350$0$123,528,749
84$163,808,121$2,804,292$0$135,856,683
85$180,261,134$2,686,287$0$149,435,248
86$198,384,309$2,554,454$0$164,391,880
87$218,347,748$2,407,862$0$180,867,011
88$240,338,898$2,245,527$0$199,015,402
89$264,564,315$2,066,407$0$219,007,595
90$291,251,616$1,869,402$0$241,031,533
91$320,651,627$1,653,349$0$265,294,326
92$353,040,748$1,417,018$0$292,024,214
93$388,723,562$1,159,110$0$321,472,716
94$428,035,713$878,253$0$353,917,012
95$471,347,067$572,999$0$389,662,551
96$519,065,207$241,816$0$429,045,947
97$571,639,282$0$0$472,438,147
98$629,564,239$0$0$520,268,523
99$693,385,500$0$0$573,014,707
100$763,704,111$0$0$631,130,883