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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.6%
1 years$162,681$161,232$159,818$158,438$157,091$154,108
2 years$80,535$79,035$77,582$76,172$74,805$71,812
3 years$53,157$51,650$50,200$48,804$47,459$44,549
4 years$39,470$37,968$36,533$35,161$33,848$31,043
5 years$31,260$29,768$28,351$27,007$25,731$23,038
6 years$25,789$24,308$22,912$21,598$20,360$17,783
7 years$21,883$20,413$19,040$17,757$16,558$14,098
8 years$18,954$17,498$16,147$14,896$13,737$11,393
9 years$16,677$15,235$13,908$12,688$11,568$9,339
10 years$14,857$13,429$12,125$10,937$9,857$7,740
11 years$13,369$11,955$10,675$9,518$8,477$6,470
12 years$12,129$10,730$9,474$8,349$7,346$5,446
13 years$11,082$9,697$8,464$7,371$6,406$4,610
14 years$10,184$8,814$7,605$6,543$5,615$3,921
15 years$9,407$8,052$6,866$5,835$4,944$3,347
16 years$8,728$7,388$6,225$5,225$4,370$2,866
17 years$8,129$6,804$5,665$4,694$3,875$2,461
18 years$7,598$6,287$5,171$4,231$3,445$2,118
19 years$7,122$5,827$4,734$3,823$3,071$1,826
20 years$6,695$5,414$4,345$3,462$2,743$1,577
21 years$6,310$5,043$3,996$3,142$2,454$1,364
22 years$5,959$4,708$3,683$2,857$2,200$1,181
23 years$5,640$4,403$3,401$2,602$1,975$1,024
24 years$5,347$4,125$3,145$2,373$1,775$888
25 years$5,079$3,871$2,913$2,167$1,597$771
26 years$4,831$3,639$2,702$1,982$1,439$670
27 years$4,603$3,424$2,509$1,814$1,297$582
28 years$4,391$3,227$2,332$1,662$1,170$507
29 years$4,194$3,044$2,170$1,524$1,057$441
30 years$4,010$2,875$2,022$1,399$955$384
31 years$3,839$2,718$1,885$1,285$863$334
32 years$3,678$2,571$1,758$1,180$781$291
33 years$3,528$2,435$1,642$1,086$707$253
34 years$3,387$2,308$1,534$999$640$221
35 years$3,254$2,189$1,434$919$580$192
36 years$3,129$2,078$1,342$847$525$168
37 years$3,011$1,973$1,256$780$476$146
38 years$2,899$1,875$1,176$719$432$128
39 years$2,793$1,783$1,102$663$391$111
40 years$2,693$1,697$1,033$612$355$97
41 years$2,598$1,615$968$564$322$85
42 years$2,508$1,538$908$521$292$74
43 years$2,422$1,466$852$481$265$64
44 years$2,341$1,397$800$444$241$56
45 years$2,263$1,332$751$410$219$49
46 years$2,189$1,271$706$379$198$43
47 years$2,118$1,213$663$350$180$37
48 years$2,050$1,158$623$323$164$33
49 years$1,985$1,106$586$299$149$28
50 years$1,923$1,056$550$276$135$25

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 $5,298 every year, while hoping to spend $33,715 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: 38/43/19 Blend
34$1,970,000$1,970,000$1,970,000$1,970,000
35$2,176,405$2,071,995$2,041,460$2,246,516
36$2,362,526$2,137,650$2,073,976$2,363,192
37$2,566,501$2,205,393$2,106,452$2,485,617
38$2,790,116$2,275,289$2,138,850$2,617,225
39$3,035,337$2,347,407$2,171,131$2,758,863
40$3,304,331$2,421,820$2,203,254$2,911,462
41$3,599,483$2,498,599$2,235,173$3,076,045
42$3,923,421$2,577,821$2,266,842$3,253,738
43$4,279,040$2,659,564$2,298,211$3,445,779
44$4,669,528$2,743,909$2,329,226$3,653,528
45$5,098,397$2,830,938$2,359,833$3,878,483
46$5,569,517$2,920,737$2,389,971$4,122,293
47$6,087,150$3,013,396$2,419,578$4,386,768
48$6,655,993$3,109,006$2,448,587$4,673,905
49$7,281,218$3,207,661$2,476,929$4,985,899
50$7,968,526$3,309,459$2,504,529$5,325,165
51$8,724,194$3,414,501$2,531,309$5,694,364
52$9,555,140$3,522,891$2,557,187$6,096,423
53$10,468,988$3,634,736$2,582,076$6,534,566
54$11,474,133$3,750,146$2,605,884$7,012,341
55$12,579,829$3,869,237$2,628,515$7,533,655
56$13,796,268$3,992,127$2,649,867$8,102,810
57$15,134,683$4,118,937$2,669,833$8,724,545
58$16,607,449$4,249,793$2,688,301$9,404,076
59$18,228,202$4,384,826$2,705,152$10,147,148
60$20,011,965$4,524,169$2,720,261$10,960,090
61$21,975,294$4,667,961$2,733,498$11,849,871
62$24,136,428$4,816,346$2,744,724$12,824,166
63$26,515,467$4,969,470$2,753,796$13,891,431
64$29,134,558$5,127,488$2,760,561$15,060,980
65$32,018,103$5,290,555$2,764,860$16,343,070
66$35,192,992$5,458,834$2,766,526$17,749,003
67$38,688,855$5,632,494$2,765,382$19,291,229
68$42,538,340$5,811,709$2,761,244$20,983,460
69$46,777,424$5,996,656$2,753,919$22,840,807
70$51,445,750$6,187,521$2,743,204$24,879,913
71$56,587,002$6,384,494$2,728,887$27,119,115
72$62,249,315$6,587,774$2,710,744$29,578,618
73$68,485,734$6,797,563$2,688,542$32,280,679
74$75,354,707$7,014,073$2,662,037$35,249,822
75$82,920,644$7,237,519$2,630,971$38,513,066
76$91,254,518$7,468,126$2,595,078$42,100,182
77$100,434,541$7,706,126$2,554,075$46,043,970
78$110,546,896$7,951,758$2,507,668$50,380,571
79$121,686,554$8,205,269$2,455,550$55,149,807
80$133,958,169$8,466,914$2,397,397$60,395,553
81$147,477,066$8,736,956$2,332,874$66,166,157
82$162,370,328$9,015,668$2,261,627$72,514,890
83$178,777,997$9,303,332$2,183,287$79,500,450
84$196,854,394$9,600,236$2,097,468$87,187,516
85$216,769,576$9,906,681$2,003,767$95,647,358
86$238,710,942$10,222,978$1,901,762$104,958,508
87$262,885,000$10,549,445$1,791,013$115,207,501
88$289,519,315$10,886,414$1,671,057$126,489,693
89$318,864,663$11,234,226$1,541,415$138,910,156
90$351,197,389$11,593,233$1,401,583$152,584,674
91$386,822,021$11,963,800$1,251,035$167,640,834
92$426,074,145$12,346,304$1,089,222$184,219,227
93$469,323,569$12,741,133$915,572$202,474,777
94$516,977,814$13,148,690$729,484$222,578,202
95$569,485,964$13,569,389$530,335$244,717,626
96$627,342,902$14,003,659$317,471$269,100,351
97$691,093,983$14,451,944$90,212$295,954,817
98$761,340,181$14,914,700$0$325,532,754
99$838,743,762$15,392,403$0$358,142,440
100$924,034,534$15,885,539$0$394,080,205