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%13.1%
1 years$162,681$161,232$159,818$158,438$157,091$155,063
2 years$80,535$79,035$77,582$76,172$74,805$72,766
3 years$53,157$51,650$50,200$48,804$47,459$45,471
4 years$39,470$37,968$36,533$35,161$33,848$31,926
5 years$31,260$29,768$28,351$27,007$25,731$23,881
6 years$25,789$24,308$22,912$21,598$20,360$18,584
7 years$21,883$20,413$19,040$17,757$16,558$14,857
8 years$18,954$17,498$16,147$14,896$13,737$12,111
9 years$16,677$15,235$13,908$12,688$11,568$10,016
10 years$14,857$13,429$12,125$10,937$9,857$8,378
11 years$13,369$11,955$10,675$9,518$8,477$7,070
12 years$12,129$10,730$9,474$8,349$7,346$6,008
13 years$11,082$9,697$8,464$7,371$6,406$5,137
14 years$10,184$8,814$7,605$6,543$5,615$4,412
15 years$9,407$8,052$6,866$5,835$4,944$3,806
16 years$8,728$7,388$6,225$5,225$4,370$3,293
17 years$8,129$6,804$5,665$4,694$3,875$2,858
18 years$7,598$6,287$5,171$4,231$3,445$2,487
19 years$7,122$5,827$4,734$3,823$3,071$2,168
20 years$6,695$5,414$4,345$3,462$2,743$1,893
21 years$6,310$5,043$3,996$3,142$2,454$1,656
22 years$5,959$4,708$3,683$2,857$2,200$1,451
23 years$5,640$4,403$3,401$2,602$1,975$1,272
24 years$5,347$4,125$3,145$2,373$1,775$1,117
25 years$5,079$3,871$2,913$2,167$1,597$981
26 years$4,831$3,639$2,702$1,982$1,439$863
27 years$4,603$3,424$2,509$1,814$1,297$759
28 years$4,391$3,227$2,332$1,662$1,170$668
29 years$4,194$3,044$2,170$1,524$1,057$589
30 years$4,010$2,875$2,022$1,399$955$519
31 years$3,839$2,718$1,885$1,285$863$457
32 years$3,678$2,571$1,758$1,180$781$403
33 years$3,528$2,435$1,642$1,086$707$356
34 years$3,387$2,308$1,534$999$640$314
35 years$3,254$2,189$1,434$919$580$277
36 years$3,129$2,078$1,342$847$525$245
37 years$3,011$1,973$1,256$780$476$216
38 years$2,899$1,875$1,176$719$432$191
39 years$2,793$1,783$1,102$663$391$168
40 years$2,693$1,697$1,033$612$355$149
41 years$2,598$1,615$968$564$322$131
42 years$2,508$1,538$908$521$292$116
43 years$2,422$1,466$852$481$265$103
44 years$2,341$1,397$800$444$241$91
45 years$2,263$1,332$751$410$219$80
46 years$2,189$1,271$706$379$198$71
47 years$2,118$1,213$663$350$180$63
48 years$2,050$1,158$623$323$164$55
49 years$1,985$1,106$586$299$149$49
50 years$1,923$1,056$550$276$135$43

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 $3,416 every year, while hoping to spend $56,513 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: 52/31/17 Blend
34$1,970,000$1,970,000$1,970,000$1,970,000
35$2,174,464$2,070,054$2,039,519$2,277,288
36$2,336,129$2,111,357$2,047,713$2,389,506
37$2,512,391$2,152,790$2,054,288$2,505,280
38$2,704,678$2,194,299$2,059,129$2,629,961
39$2,914,563$2,235,828$2,062,118$2,764,412
40$3,143,777$2,277,312$2,063,127$2,909,582
41$3,394,226$2,318,685$2,062,027$3,066,519
42$3,668,010$2,359,873$2,058,677$3,236,377
43$3,967,439$2,400,798$2,052,934$3,420,430
44$4,295,055$2,441,375$2,044,646$3,620,080
45$4,653,661$2,481,513$2,033,652$3,836,876
46$5,046,341$2,521,113$2,019,786$4,072,524
47$5,476,492$2,560,072$2,002,872$4,328,906
48$5,947,854$2,598,275$1,982,728$4,608,096
49$6,464,546$2,635,602$1,959,161$4,912,382
50$7,031,107$2,671,923$1,931,970$5,244,288
51$7,652,533$2,707,100$1,900,944$5,606,594
52$8,334,328$2,740,985$1,865,862$6,002,368
53$9,082,555$2,773,419$1,826,494$6,434,993
54$9,903,893$2,804,234$1,782,599$6,908,198
55$10,805,697$2,833,248$1,733,923$7,426,095
56$11,796,070$2,860,270$1,680,201$7,993,220
57$12,883,940$2,885,093$1,621,159$8,614,572
58$14,079,139$2,907,500$1,556,505$9,295,664
59$15,392,502$2,927,258$1,485,938$10,042,577
60$16,835,962$2,944,119$1,409,142$10,862,014
61$18,422,667$2,957,818$1,325,786$11,761,364
62$20,167,105$2,968,076$1,235,525$12,748,778
63$22,085,232$2,974,595$1,137,998$13,833,240
64$24,194,633$2,977,057$1,032,827$15,024,657
65$26,514,678$2,975,126$919,620$16,333,952
66$29,066,713$2,968,444$797,965$17,773,167
67$31,874,252$2,956,633$667,431$19,355,579
68$34,963,207$2,939,288$527,571$21,095,827
69$38,362,125$2,915,984$377,915$23,010,048
70$42,102,461$2,886,268$217,976$25,116,036
71$46,218,875$2,849,658$47,241$27,433,406
72$50,749,556$2,805,646$0$29,983,782
73$55,736,580$2,753,693$0$32,815,485
74$61,226,315$2,693,227$0$35,941,052
75$67,269,847$2,623,643$0$39,380,984
76$73,923,471$2,544,301$0$43,167,329
77$81,249,215$2,454,522$0$47,335,412
78$89,315,430$2,353,589$0$51,924,166
79$98,197,431$2,240,742$0$56,976,502
80$107,978,209$2,115,178$0$62,539,715
81$118,749,212$1,976,048$0$68,665,932
82$130,611,210$1,822,453$0$75,412,606
83$143,675,244$1,653,443$0$82,843,057
84$158,063,673$1,468,015$0$91,027,075
85$173,911,328$1,265,109$0$100,041,577
86$191,366,786$1,043,602$0$109,971,341
87$210,593,771$802,311$0$120,909,798
88$231,772,697$539,986$0$132,959,927
89$255,102,372$255,305$0$146,235,221
90$280,801,873$0$0$160,860,767
91$309,112,613$0$0$176,992,546
92$340,300,621$0$0$194,860,070
93$374,659,049$0$0$214,544,231
94$412,510,941$0$0$236,230,142
95$454,212,281$0$0$260,121,791
96$500,155,353$0$0$286,443,969
97$550,772,440$0$0$315,444,385
98$606,539,909$0$0$347,396,013
99$667,982,704$0$0$382,599,660
100$735,679,299$0$0$421,386,811