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%16.1%
1 years$161,855$160,413$159,007$157,634$156,293$152,391
2 years$80,126$78,634$77,188$75,785$74,425$70,519
3 years$52,887$51,388$49,946$48,556$47,218$43,430
4 years$39,270$37,776$36,348$34,982$33,677$30,035
5 years$31,102$29,617$28,207$26,870$25,600$22,115
6 years$25,658$24,184$22,796$21,488$20,257$16,932
7 years$21,771$20,310$18,943$17,666$16,474$13,310
8 years$18,858$17,409$16,065$14,820$13,667$10,662
9 years$16,593$15,158$13,837$12,623$11,510$8,662
10 years$14,782$13,361$12,064$10,881$9,807$7,112
11 years$13,301$11,894$10,621$9,470$8,434$5,889
12 years$12,068$10,676$9,425$8,307$7,309$4,909
13 years$11,025$9,648$8,421$7,333$6,373$4,114
14 years$10,132$8,770$7,566$6,510$5,587$3,463
15 years$9,359$8,011$6,831$5,806$4,919$2,926
16 years$8,684$7,350$6,194$5,198$4,348$2,479
17 years$8,088$6,769$5,636$4,671$3,855$2,106
18 years$7,559$6,255$5,145$4,209$3,428$1,792
19 years$7,086$5,797$4,710$3,803$3,055$1,528
20 years$6,661$5,387$4,323$3,445$2,729$1,305
21 years$6,278$5,018$3,976$3,126$2,442$1,116
22 years$5,929$4,684$3,664$2,842$2,189$955
23 years$5,611$4,381$3,383$2,589$1,965$818
24 years$5,320$4,104$3,129$2,361$1,766$702
25 years$5,053$3,852$2,898$2,156$1,589$602
26 years$4,807$3,620$2,688$1,972$1,431$517
27 years$4,579$3,407$2,496$1,805$1,291$444
28 years$4,368$3,210$2,320$1,653$1,165$381
29 years$4,172$3,029$2,159$1,516$1,052$328
30 years$3,990$2,860$2,011$1,392$950$282
31 years$3,819$2,704$1,875$1,278$859$242
32 years$3,660$2,558$1,749$1,174$777$208
33 years$3,510$2,423$1,633$1,080$703$179
34 years$3,370$2,296$1,526$994$637$154
35 years$3,237$2,178$1,427$915$577$133
36 years$3,113$2,067$1,335$843$522$114
37 years$2,995$1,963$1,249$776$474$98
38 years$2,884$1,866$1,170$715$429$85
39 years$2,779$1,774$1,096$660$389$73
40 years$2,680$1,688$1,027$608$353$63
41 years$2,585$1,607$963$561$320$54
42 years$2,495$1,530$904$518$291$47
43 years$2,410$1,458$848$478$264$40
44 years$2,329$1,390$796$442$239$34
45 years$2,251$1,325$747$408$217$30
46 years$2,178$1,264$702$377$197$26
47 years$2,107$1,207$660$348$179$22
48 years$2,040$1,152$620$322$163$19
49 years$1,975$1,100$583$297$148$16
50 years$1,914$1,051$548$275$134$14

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 $3,715 every year, while hoping to spend $36,963 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: 37/43/20 Blend
34$1,960,000$1,960,000$1,960,000$1,960,000
35$2,163,752$2,059,872$2,029,492$2,230,640
36$2,345,126$2,121,477$2,058,152$2,341,133
37$2,543,762$2,184,863$2,086,533$2,456,663
38$2,761,381$2,250,076$2,114,586$2,580,693
39$2,999,878$2,317,166$2,142,262$2,714,008
40$3,261,343$2,386,185$2,169,505$2,857,470
41$3,548,075$2,457,182$2,196,258$3,012,028
42$3,862,607$2,530,212$2,222,461$3,178,728
43$4,207,728$2,605,329$2,248,049$3,358,718
44$4,586,513$2,682,586$2,272,955$3,553,261
45$5,002,347$2,762,042$2,297,108$3,763,749
46$5,458,957$2,843,753$2,320,432$3,991,714
47$5,960,453$2,927,779$2,342,849$4,238,839
48$6,511,358$3,014,180$2,364,274$4,506,981
49$7,116,659$3,103,017$2,384,619$4,798,181
50$7,781,846$3,194,352$2,403,791$5,114,687
51$8,512,970$3,288,251$2,421,694$5,458,976
52$9,316,695$3,384,778$2,438,224$5,833,774
53$10,200,366$3,484,000$2,453,272$6,242,082
54$11,172,073$3,585,986$2,466,726$6,687,206
55$12,240,728$3,690,803$2,478,465$7,172,788
56$13,416,154$3,798,523$2,488,365$7,702,838
57$14,709,169$3,909,218$2,496,292$8,281,773
58$16,131,695$4,022,961$2,502,109$8,914,458
59$17,696,868$4,139,826$2,505,670$9,606,252
60$19,419,161$4,259,890$2,506,822$10,363,061
61$21,314,519$4,383,229$2,505,405$11,191,387
62$23,400,515$4,509,921$2,501,250$12,098,395
63$25,696,507$4,640,047$2,494,182$13,091,979
64$28,223,828$4,773,687$2,484,014$14,180,836
65$31,005,983$4,910,922$2,470,554$15,374,546
66$34,068,873$5,051,837$2,453,597$16,683,666
67$37,441,037$5,196,516$2,432,931$18,119,827
68$41,153,922$5,345,044$2,408,333$19,695,842
69$45,242,178$5,497,508$2,379,569$21,425,833
70$49,743,989$5,653,995$2,346,393$23,325,356
71$54,701,429$5,814,593$2,308,550$25,411,555
72$60,160,860$5,979,393$2,265,771$27,703,317
73$66,173,368$6,148,484$2,217,776$30,221,457
74$72,795,250$6,321,958$2,164,270$32,988,908
75$80,088,538$6,499,907$2,104,945$36,030,942
76$88,121,589$6,682,422$2,039,481$39,375,406
77$96,969,728$6,869,598$1,967,540$43,052,986
78$106,715,959$7,061,526$1,888,771$47,097,495
79$117,451,747$7,258,302$1,802,806$51,546,195
80$129,277,886$7,460,019$1,709,260$56,440,144
81$142,305,441$7,666,770$1,607,731$61,824,591
82$156,656,804$7,878,651$1,497,799$67,749,394
83$172,466,848$8,095,754$1,379,024$74,269,497
84$189,884,194$8,318,174$1,250,949$81,445,448
85$209,072,620$8,546,002$1,113,094$89,343,968
86$230,212,602$8,779,332$964,958$98,038,584
87$253,503,022$9,018,254$806,019$107,610,320
88$279,163,040$9,262,858$635,730$118,148,465
89$307,434,165$9,513,233$453,522$129,751,415
90$338,582,535$9,769,466$258,800$142,527,601
91$372,901,426$10,031,642$50,942$156,596,515
92$410,714,023$10,299,844$0$172,089,834
93$452,376,469$10,574,153$0$189,189,137
94$498,281,228$10,854,645$0$208,031,840
95$548,860,787$11,141,397$0$228,783,438
96$604,591,739$11,434,477$0$251,638,286
97$665,999,284$11,733,954$0$276,810,558
98$733,662,183$12,039,889$0$304,536,267
99$808,218,222$12,352,341$0$335,075,488
100$890,370,237$12,671,361$0$368,714,817