Can I retire at age 35 with 1,980,000?

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 $1,980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$163,507$162,050$160,629$159,242$157,888$154,134
2 years$80,944$79,436$77,975$76,559$75,185$71,424
3 years$53,427$51,913$50,455$49,052$47,700$44,051
4 years$39,671$38,161$36,718$35,339$34,020$30,511
5 years$31,419$29,919$28,495$27,144$25,862$22,501
6 years$25,920$24,431$23,028$21,707$20,463$17,256
7 years$21,994$20,517$19,137$17,847$16,642$13,588
8 years$19,050$17,587$16,229$14,971$13,806$10,904
9 years$16,762$15,313$13,978$12,752$11,627$8,874
10 years$14,932$13,497$12,187$10,992$9,907$7,300
11 years$13,437$12,016$10,729$9,567$8,520$6,056
12 years$12,191$10,785$9,522$8,391$7,383$5,058
13 years$11,138$9,746$8,507$7,408$6,438$4,248
14 years$10,236$8,859$7,644$6,576$5,644$3,583
15 years$9,455$8,093$6,901$5,865$4,969$3,033
16 years$8,772$7,425$6,257$5,251$4,392$2,576
17 years$8,170$6,838$5,693$4,718$3,894$2,193
18 years$7,636$6,319$5,197$4,252$3,463$1,870
19 years$7,159$5,856$4,758$3,842$3,086$1,598
20 years$6,729$5,442$4,367$3,480$2,757$1,368
21 years$6,342$5,069$4,016$3,158$2,467$1,172
22 years$5,989$4,732$3,702$2,871$2,211$1,006
23 years$5,668$4,425$3,418$2,615$1,985$864
24 years$5,375$4,146$3,161$2,385$1,784$742
25 years$5,105$3,891$2,928$2,178$1,605$638
26 years$4,856$3,657$2,715$1,992$1,446$549
27 years$4,626$3,442$2,521$1,823$1,304$473
28 years$4,413$3,243$2,344$1,670$1,176$407
29 years$4,215$3,059$2,181$1,532$1,062$351
30 years$4,030$2,889$2,032$1,406$960$302
31 years$3,858$2,731$1,894$1,291$868$261
32 years$3,697$2,584$1,767$1,186$785$225
33 years$3,546$2,448$1,650$1,091$710$194
34 years$3,404$2,320$1,542$1,004$643$167
35 years$3,270$2,200$1,441$924$583$144
36 years$3,145$2,088$1,348$851$528$125
37 years$3,026$1,983$1,262$784$478$107
38 years$2,914$1,885$1,182$723$434$93
39 years$2,808$1,792$1,107$666$393$80
40 years$2,707$1,705$1,038$615$357$69
41 years$2,612$1,623$973$567$324$60
42 years$2,521$1,546$913$523$294$51
43 years$2,435$1,473$857$483$267$44
44 years$2,353$1,404$804$446$242$38
45 years$2,274$1,339$755$412$220$33
46 years$2,200$1,277$709$381$199$29
47 years$2,129$1,219$666$352$181$25
48 years$2,060$1,164$626$325$164$21
49 years$1,995$1,111$588$300$149$18
50 years$1,933$1,061$553$278$136$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,980,000, adding $5,094 every year, while hoping to spend $53,300 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: 34/47/19 Blend
34$1,980,000$1,980,000$1,980,000$1,980,000
35$2,187,214$2,082,274$2,051,584$2,248,652
36$2,353,600$2,127,595$2,063,602$2,339,668
37$2,535,170$2,173,350$2,074,235$2,432,460
38$2,733,417$2,219,504$2,083,382$2,531,409
39$2,949,985$2,266,020$2,090,935$2,637,091
40$3,186,682$2,312,853$2,096,780$2,750,140
41$3,445,500$2,359,960$2,100,799$2,871,258
42$3,728,632$2,407,288$2,102,866$3,001,215
43$4,038,491$2,454,784$2,102,851$3,140,865
44$4,377,737$2,502,388$2,100,616$3,291,147
45$4,749,295$2,550,035$2,096,016$3,453,098
46$5,156,392$2,597,655$2,088,901$3,627,861
47$5,602,576$2,645,172$2,079,111$3,816,698
48$6,091,758$2,692,505$2,066,481$4,021,002
49$6,628,246$2,739,565$2,050,836$4,242,310
50$7,216,781$2,786,258$2,031,993$4,482,314
51$7,862,589$2,832,482$2,009,762$4,742,886
52$8,571,425$2,878,125$1,983,941$5,026,089
53$9,349,628$2,923,071$1,954,321$5,334,197
54$10,204,182$2,967,193$1,920,682$5,669,723
55$11,142,778$3,010,355$1,882,794$6,035,436
56$12,173,890$3,052,411$1,840,417$6,434,394
57$13,306,854$3,093,207$1,793,298$6,869,967
58$14,551,955$3,132,575$1,741,174$7,345,875
59$15,920,521$3,170,338$1,683,771$7,866,222
60$17,425,035$3,206,306$1,620,798$8,435,534
61$19,079,249$3,240,276$1,551,955$9,058,806
62$20,898,315$3,272,031$1,476,928$9,741,546
63$22,898,924$3,301,341$1,395,386$10,489,829
64$25,099,467$3,327,961$1,306,985$11,310,359
65$27,520,210$3,351,627$1,211,365$12,210,527
66$30,183,476$3,372,063$1,108,152$13,198,489
67$33,113,867$3,388,969$996,950$14,283,237
68$36,338,485$3,402,033$877,352$15,474,692
69$39,887,195$3,410,916$748,928$16,783,793
70$43,792,902$3,415,264$611,230$18,222,607
71$48,091,863$3,414,698$463,791$19,804,439
72$52,824,029$3,408,814$306,124$21,543,965
73$58,033,420$3,397,186$137,719$23,457,367
74$63,768,541$3,379,360$0$25,562,492
75$70,082,839$3,354,856$0$27,887,535
76$77,035,208$3,323,163$0$30,476,031
77$84,690,542$3,283,741$0$33,324,078
78$93,120,349$3,236,016$0$36,458,186
79$102,403,424$3,179,380$0$39,907,576
80$112,626,594$3,113,191$0$43,704,463
81$123,885,536$3,036,766$0$47,884,358
82$136,285,676$2,949,383$0$52,486,407
83$149,943,192$2,850,279$0$57,553,759
84$164,986,099$2,738,645$0$63,133,982
85$181,555,468$2,613,625$0$69,279,507
86$199,806,746$2,474,314$0$76,048,131
87$219,911,233$2,319,754$0$83,503,563
88$242,057,690$2,148,932$0$91,716,028
89$266,454,124$1,960,779$0$100,762,933
90$293,329,750$1,754,163$0$110,729,602
91$322,937,155$1,527,888$0$121,710,083
92$355,554,681$1,280,690$0$133,808,041
93$391,489,049$1,011,235$0$147,137,738
94$431,078,258$718,111$0$161,825,120
95$474,694,772$399,830$0$178,009,005
96$522,749,036$54,820$0$195,842,403
97$575,693,350$0$0$215,493,962
98$634,026,138$0$0$237,314,330
99$698,296,650$0$0$261,387,564
100$769,110,149$0$0$287,912,084