Can I retire at age 35 with 1,970,000?

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 $1,970,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$162,681$161,232$159,818$158,438$157,091$155,256
2 years$80,535$79,035$77,582$76,172$74,805$72,959
3 years$53,157$51,650$50,200$48,804$47,459$45,658
4 years$39,470$37,968$36,533$35,161$33,848$32,107
5 years$31,260$29,768$28,351$27,007$25,731$24,054
6 years$25,789$24,308$22,912$21,598$20,360$18,749
7 years$21,883$20,413$19,040$17,757$16,558$15,014
8 years$18,954$17,498$16,147$14,896$13,737$12,259
9 years$16,677$15,235$13,908$12,688$11,568$10,157
10 years$14,857$13,429$12,125$10,937$9,857$8,511
11 years$13,369$11,955$10,675$9,518$8,477$7,196
12 years$12,129$10,730$9,474$8,349$7,346$6,127
13 years$11,082$9,697$8,464$7,371$6,406$5,248
14 years$10,184$8,814$7,605$6,543$5,615$4,517
15 years$9,407$8,052$6,866$5,835$4,944$3,904
16 years$8,728$7,388$6,225$5,225$4,370$3,386
17 years$8,129$6,804$5,665$4,694$3,875$2,944
18 years$7,598$6,287$5,171$4,231$3,445$2,567
19 years$7,122$5,827$4,734$3,823$3,071$2,243
20 years$6,695$5,414$4,345$3,462$2,743$1,963
21 years$6,310$5,043$3,996$3,142$2,454$1,721
22 years$5,959$4,708$3,683$2,857$2,200$1,511
23 years$5,640$4,403$3,401$2,602$1,975$1,328
24 years$5,347$4,125$3,145$2,373$1,775$1,169
25 years$5,079$3,871$2,913$2,167$1,597$1,029
26 years$4,831$3,639$2,702$1,982$1,439$907
27 years$4,603$3,424$2,509$1,814$1,297$800
28 years$4,391$3,227$2,332$1,662$1,170$706
29 years$4,194$3,044$2,170$1,524$1,057$623
30 years$4,010$2,875$2,022$1,399$955$551
31 years$3,839$2,718$1,885$1,285$863$487
32 years$3,678$2,571$1,758$1,180$781$430
33 years$3,528$2,435$1,642$1,086$707$380
34 years$3,387$2,308$1,534$999$640$337
35 years$3,254$2,189$1,434$919$580$298
36 years$3,129$2,078$1,342$847$525$264
37 years$3,011$1,973$1,256$780$476$233
38 years$2,899$1,875$1,176$719$432$207
39 years$2,793$1,783$1,102$663$391$183
40 years$2,693$1,697$1,033$612$355$162
41 years$2,598$1,615$968$564$322$143
42 years$2,508$1,538$908$521$292$127
43 years$2,422$1,466$852$481$265$113
44 years$2,341$1,397$800$444$241$100
45 years$2,263$1,332$751$410$219$88
46 years$2,189$1,271$706$379$198$78
47 years$2,118$1,213$663$350$180$69
48 years$2,050$1,158$623$323$164$61
49 years$1,985$1,106$586$299$149$54
50 years$1,923$1,056$550$276$135$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,970,000, adding $3,398 every year, while hoping to spend $56,849 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: 59/34/7 Blend
34$1,970,000$1,970,000$1,970,000$1,970,000
35$2,174,445$2,070,035$2,039,500$2,299,349
36$2,335,752$2,110,980$2,047,336$2,424,465
37$2,511,606$2,152,026$2,053,530$2,554,041
38$2,703,432$2,193,117$2,057,966$2,693,894
39$2,912,797$2,234,195$2,060,523$2,845,016
40$3,141,427$2,275,195$2,061,074$3,008,495
41$3,391,219$2,316,046$2,059,487$3,185,531
42$3,664,266$2,356,675$2,055,622$3,377,447
43$3,962,868$2,396,999$2,049,332$3,585,701
44$4,289,560$2,436,932$2,040,465$3,811,898
45$4,647,133$2,476,379$2,028,858$4,057,808
46$5,038,660$2,515,241$2,014,344$4,325,381
47$5,467,524$2,553,408$1,996,746$4,616,765
48$5,937,453$2,590,766$1,975,877$4,934,330
49$6,452,549$2,627,190$1,951,546$5,280,685
50$7,017,334$2,662,548$1,923,548$5,658,708
51$7,636,786$2,696,696$1,891,670$6,071,569
52$8,316,388$2,729,484$1,855,691$6,522,764
53$9,062,180$2,760,749$1,815,377$7,016,145
54$9,880,814$2,790,318$1,770,484$7,555,959
55$10,779,619$2,818,006$1,720,757$8,146,885
56$11,766,668$2,843,616$1,665,930$8,794,084
57$12,850,853$2,866,938$1,605,724$9,503,242
58$14,041,970$2,887,748$1,539,846$10,280,629
59$15,350,812$2,905,808$1,467,991$11,133,153
60$16,789,267$2,920,865$1,389,841$12,068,432
61$18,370,434$2,932,649$1,305,062$13,094,862
62$20,108,742$2,940,873$1,213,306$14,221,698
63$22,020,091$2,945,232$1,114,209$15,459,142
64$24,121,995$2,945,404$1,007,390$16,818,440
65$26,433,753$2,941,043$892,452$18,311,988
66$28,976,627$2,931,785$768,980$19,953,450
67$31,774,042$2,917,242$636,540$21,757,888
68$34,851,811$2,897,003$494,681$23,741,905
69$38,238,372$2,870,632$342,928$25,923,802
70$41,965,059$2,837,667$180,790$28,323,752
71$46,066,400$2,797,617$7,751$30,963,993
72$50,580,436$2,749,964$0$33,869,033
73$55,549,084$2,694,156$0$37,079,105
74$61,018,532$2,629,611$0$40,612,251
75$67,039,672$2,555,711$0$44,500,761
76$73,668,582$2,471,804$0$48,780,863
77$80,967,053$2,377,198$0$53,492,485
78$89,003,172$2,271,161$0$58,679,637
79$97,851,966$2,152,918$0$64,390,821
80$107,596,107$2,021,652$0$70,679,499
81$118,326,693$1,876,495$0$77,604,590
82$130,144,105$1,716,533$0$85,231,036
83$143,158,958$1,540,798$0$93,630,410
84$157,493,141$1,348,266$0$102,881,597
85$173,280,968$1,137,858$0$113,071,539
86$190,670,444$908,430$0$124,296,061
87$209,824,664$658,778$0$136,660,772
88$230,923,348$387,626$0$150,282,068
89$254,164,539$93,629$0$165,288,235
90$279,766,473$0$0$181,820,656
91$307,969,634$0$0$200,119,200
92$339,039,027$0$0$220,316,229
93$373,266,679$0$0$242,566,577
94$410,974,389$0$0$267,079,472
95$452,516,772$0$0$294,085,472
96$498,284,603$0$0$323,838,646
97$548,708,504$0$0$356,618,972
98$604,263,006$0$0$392,734,978
99$665,471,034$0$0$432,526,654
100$732,908,837$0$0$476,368,662