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%12.2%
1 years$162,681$161,232$159,818$158,438$157,091$155,644
2 years$80,535$79,035$77,582$76,172$74,805$73,348
3 years$53,157$51,650$50,200$48,804$47,459$46,037
4 years$39,470$37,968$36,533$35,161$33,848$32,471
5 years$31,260$29,768$28,351$27,007$25,731$24,403
6 years$25,789$24,308$22,912$21,598$20,360$19,083
7 years$21,883$20,413$19,040$17,757$16,558$15,332
8 years$18,954$17,498$16,147$14,896$13,737$12,562
9 years$16,677$15,235$13,908$12,688$11,568$10,445
10 years$14,857$13,429$12,125$10,937$9,857$8,784
11 years$13,369$11,955$10,675$9,518$8,477$7,454
12 years$12,129$10,730$9,474$8,349$7,346$6,371
13 years$11,082$9,697$8,464$7,371$6,406$5,479
14 years$10,184$8,814$7,605$6,543$5,615$4,734
15 years$9,407$8,052$6,866$5,835$4,944$4,108
16 years$8,728$7,388$6,225$5,225$4,370$3,577
17 years$8,129$6,804$5,665$4,694$3,875$3,124
18 years$7,598$6,287$5,171$4,231$3,445$2,736
19 years$7,122$5,827$4,734$3,823$3,071$2,401
20 years$6,695$5,414$4,345$3,462$2,743$2,111
21 years$6,310$5,043$3,996$3,142$2,454$1,859
22 years$5,959$4,708$3,683$2,857$2,200$1,639
23 years$5,640$4,403$3,401$2,602$1,975$1,447
24 years$5,347$4,125$3,145$2,373$1,775$1,279
25 years$5,079$3,871$2,913$2,167$1,597$1,132
26 years$4,831$3,639$2,702$1,982$1,439$1,002
27 years$4,603$3,424$2,509$1,814$1,297$888
28 years$4,391$3,227$2,332$1,662$1,170$788
29 years$4,194$3,044$2,170$1,524$1,057$699
30 years$4,010$2,875$2,022$1,399$955$620
31 years$3,839$2,718$1,885$1,285$863$551
32 years$3,678$2,571$1,758$1,180$781$490
33 years$3,528$2,435$1,642$1,086$707$435
34 years$3,387$2,308$1,534$999$640$387
35 years$3,254$2,189$1,434$919$580$344
36 years$3,129$2,078$1,342$847$525$306
37 years$3,011$1,973$1,256$780$476$272
38 years$2,899$1,875$1,176$719$432$242
39 years$2,793$1,783$1,102$663$391$216
40 years$2,693$1,697$1,033$612$355$192
41 years$2,598$1,615$968$564$322$171
42 years$2,508$1,538$908$521$292$152
43 years$2,422$1,466$852$481$265$135
44 years$2,341$1,397$800$444$241$121
45 years$2,263$1,332$751$410$219$107
46 years$2,189$1,271$706$379$198$96
47 years$2,118$1,213$663$350$180$85
48 years$2,050$1,158$623$323$164$76
49 years$1,985$1,106$586$299$149$68
50 years$1,923$1,056$550$276$135$60

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 $3,158 every year, while hoping to spend $53,441 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: 70/21/9 Blend
34$1,970,000$1,970,000$1,970,000$1,970,000
35$2,174,197$2,069,787$2,039,252$2,322,535
36$2,339,105$2,114,346$2,050,707$2,465,718
37$2,519,042$2,159,297$2,060,753$2,615,509
38$2,715,484$2,204,603$2,069,289$2,777,976
39$2,930,059$2,250,224$2,076,205$2,954,353
40$3,164,554$2,296,114$2,081,387$3,146,000
41$3,420,939$2,342,225$2,084,715$3,354,415
42$3,701,385$2,388,504$2,086,063$3,581,248
43$4,008,279$2,434,893$2,085,298$3,828,317
44$4,344,250$2,481,329$2,082,283$4,097,623
45$4,712,195$2,527,746$2,076,870$4,391,372
46$5,115,303$2,574,069$2,068,909$4,711,993
47$5,557,085$2,620,220$2,058,239$5,062,165
48$6,041,409$2,666,112$2,044,692$5,444,836
49$6,572,536$2,711,655$2,028,092$5,863,256
50$7,155,158$2,756,749$2,008,256$6,321,006
51$7,794,441$2,801,287$1,984,990$6,822,031
52$8,496,080$2,845,156$1,958,093$7,370,678
53$9,266,344$2,888,232$1,927,353$7,971,739
54$10,112,140$2,930,385$1,892,548$8,630,492
55$11,041,077$2,971,473$1,853,448$9,352,753
56$12,061,537$3,011,345$1,809,808$10,144,934
57$13,182,754$3,049,840$1,761,377$11,014,098
58$14,414,899$3,086,787$1,707,887$11,968,029
59$15,769,179$3,122,000$1,649,062$13,015,307
60$17,257,941$3,155,283$1,584,611$14,165,384
61$18,894,786$3,186,427$1,514,230$15,428,680
62$20,694,700$3,215,208$1,437,603$16,816,676
63$22,674,193$3,241,387$1,354,397$18,342,024
64$24,851,457$3,264,712$1,264,265$20,018,671
65$27,246,533$3,284,910$1,166,846$21,861,982
66$29,881,505$3,301,696$1,061,760$23,888,895
67$32,780,702$3,314,762$948,612$26,118,075
68$35,970,932$3,323,785$826,990$28,570,090
69$39,481,734$3,328,417$696,461$31,267,611
70$43,345,653$3,328,292$556,575$34,235,622
71$47,598,551$3,323,019$406,861$37,501,655
72$52,279,941$3,312,185$246,829$41,096,057
73$57,433,362$3,295,349$75,965$45,052,268
74$63,106,790$3,272,046$0$49,407,144
75$69,353,087$3,241,781$0$54,211,519
76$76,230,502$3,204,028$0$59,508,391
77$83,803,221$3,158,233$0$65,339,847
78$92,141,970$3,103,807$0$71,760,315
79$101,324,681$3,040,124$0$78,829,775
80$111,437,232$2,966,523$0$86,614,327
81$122,574,253$2,882,306$0$95,186,814
82$134,840,018$2,786,730$0$104,627,511
83$148,349,432$2,679,012$0$115,024,881
84$163,229,111$2,558,321$0$126,476,415
85$179,618,581$2,423,779$0$139,089,548
86$197,671,590$2,274,458$0$152,982,677
87$217,557,561$2,109,375$0$168,286,279
88$239,463,190$1,927,493$0$185,144,142
89$263,594,209$1,727,713$0$203,714,726
90$290,177,323$1,508,876$0$224,172,655
91$319,462,355$1,269,756$0$246,710,374
92$351,724,599$1,009,058$0$271,539,957
93$387,267,419$725,413$0$298,895,121
94$426,425,116$417,378$0$329,033,423
95$469,566,074$83,426$0$362,238,703
96$517,096,247$0$0$398,823,755
97$569,462,982$0$0$439,197,543
98$627,159,245$0$0$483,701,725
99$690,728,276$0$0$532,736,075
100$760,768,709$0$0$586,762,376