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

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 $1,980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$163,507$162,050$160,629$159,242$157,888$154,574
2 years$80,944$79,436$77,975$76,559$75,185$71,861
3 years$53,427$51,913$50,455$49,052$47,700$44,471
4 years$39,671$38,161$36,718$35,339$34,020$30,911
5 years$31,419$29,919$28,495$27,144$25,862$22,880
6 years$25,920$24,431$23,028$21,707$20,463$17,614
7 years$21,994$20,517$19,137$17,847$16,642$13,924
8 years$19,050$17,587$16,229$14,971$13,806$11,219
9 years$16,762$15,313$13,978$12,752$11,627$9,169
10 years$14,932$13,497$12,187$10,992$9,907$7,576
11 years$13,437$12,016$10,729$9,567$8,520$6,313
12 years$12,191$10,785$9,522$8,391$7,383$5,297
13 years$11,138$9,746$8,507$7,408$6,438$4,469
14 years$10,236$8,859$7,644$6,576$5,644$3,788
15 years$9,455$8,093$6,901$5,865$4,969$3,222
16 years$8,772$7,425$6,257$5,251$4,392$2,750
17 years$8,170$6,838$5,693$4,718$3,894$2,353
18 years$7,636$6,319$5,197$4,252$3,463$2,017
19 years$7,159$5,856$4,758$3,842$3,086$1,733
20 years$6,729$5,442$4,367$3,480$2,757$1,491
21 years$6,342$5,069$4,016$3,158$2,467$1,285
22 years$5,989$4,732$3,702$2,871$2,211$1,108
23 years$5,668$4,425$3,418$2,615$1,985$957
24 years$5,375$4,146$3,161$2,385$1,784$827
25 years$5,105$3,891$2,928$2,178$1,605$715
26 years$4,856$3,657$2,715$1,992$1,446$619
27 years$4,626$3,442$2,521$1,823$1,304$536
28 years$4,413$3,243$2,344$1,670$1,176$464
29 years$4,215$3,059$2,181$1,532$1,062$402
30 years$4,030$2,889$2,032$1,406$960$349
31 years$3,858$2,731$1,894$1,291$868$302
32 years$3,697$2,584$1,767$1,186$785$262
33 years$3,546$2,448$1,650$1,091$710$227
34 years$3,404$2,320$1,542$1,004$643$197
35 years$3,270$2,200$1,441$924$583$171
36 years$3,145$2,088$1,348$851$528$149
37 years$3,026$1,983$1,262$784$478$129
38 years$2,914$1,885$1,182$723$434$112
39 years$2,808$1,792$1,107$666$393$97
40 years$2,707$1,705$1,038$615$357$84
41 years$2,612$1,623$973$567$324$73
42 years$2,521$1,546$913$523$294$64
43 years$2,435$1,473$857$483$267$55
44 years$2,353$1,404$804$446$242$48
45 years$2,274$1,339$755$412$220$42
46 years$2,200$1,277$709$381$199$36
47 years$2,129$1,219$666$352$181$31
48 years$2,060$1,164$626$325$164$27
49 years$1,995$1,111$588$300$149$24
50 years$1,933$1,061$553$278$136$21

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 $4,192 every year, while hoping to spend $57,187 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: 49/34/17 Blend
34$1,980,000$1,980,000$1,980,000$1,980,000
35$2,186,284$2,081,344$2,050,654$2,282,859
36$2,348,438$2,122,483$2,058,504$2,391,185
37$2,525,216$2,163,722$2,064,701$2,502,577
38$2,718,048$2,205,004$2,069,128$2,622,347
39$2,928,509$2,246,270$2,071,665$2,751,303
40$3,158,334$2,287,454$2,072,182$2,890,335
41$3,409,431$2,328,486$2,070,548$3,040,427
42$3,683,902$2,369,291$2,066,620$3,202,661
43$3,984,060$2,409,786$2,060,252$3,378,232
44$4,312,453$2,449,885$2,051,289$3,568,456
45$4,671,886$2,489,491$2,039,570$3,774,788
46$5,065,447$2,528,505$2,024,924$3,998,827
47$5,496,538$2,566,817$2,007,174$4,242,343
48$5,968,904$2,604,310$1,986,133$4,507,281
49$6,486,670$2,640,860$1,961,607$4,795,793
50$7,054,380$2,676,332$1,933,391$5,110,246
51$7,677,038$2,710,583$1,901,270$5,453,256
52$8,360,155$2,743,461$1,865,022$5,827,703
53$9,109,802$2,774,801$1,824,411$6,236,768
54$9,932,665$2,804,430$1,779,193$6,683,956
55$10,836,111$2,832,161$1,729,110$7,173,132
56$11,828,253$2,857,796$1,673,894$7,708,560
57$12,918,030$2,881,123$1,613,264$8,294,943
58$14,115,288$2,901,916$1,546,927$8,937,466
59$15,430,874$2,919,937$1,474,576$9,641,846
60$16,876,738$2,934,929$1,395,889$10,414,389
61$18,466,046$2,946,621$1,310,532$11,262,048
62$20,213,302$2,954,725$1,218,154$12,192,492
63$22,134,484$2,958,932$1,118,388$13,214,175
64$24,247,200$2,958,918$1,010,852$14,336,421
65$26,570,845$2,954,335$895,146$15,569,510
66$29,126,790$2,944,816$770,852$16,924,777
67$31,938,581$2,929,971$637,535$18,414,722
68$35,032,162$2,909,386$494,738$20,053,126
69$38,436,118$2,882,621$341,987$21,855,184
70$42,181,944$2,849,211$178,785$23,837,651
71$46,304,342$2,808,662$4,614$26,018,999
72$50,841,550$2,760,452$0$28,419,593
73$55,835,699$2,704,025$0$31,094,765
74$61,333,212$2,638,795$0$34,039,423
75$67,385,244$2,564,140$0$37,280,130
76$74,048,159$2,479,402$0$40,847,084
77$81,384,064$2,383,886$0$44,773,574
78$89,461,396$2,276,853$0$49,096,290
79$98,355,564$2,157,525$0$53,855,675
80$108,149,664$2,025,076$0$59,096,302
81$118,935,260$1,878,636$0$64,867,304
82$130,813,249$1,717,281$0$71,222,831
83$143,894,810$1,540,037$0$78,222,572
84$158,302,456$1,345,875$0$85,932,312
85$174,171,189$1,133,705$0$94,424,560
86$191,649,772$902,379$0$103,779,235
87$210,902,135$650,680$0$114,084,420
88$232,108,916$377,328$0$125,437,201
89$255,469,175$80,966$0$137,944,579
90$281,202,262$0$0$151,724,489
91$309,549,893$0$0$166,996,645
92$340,778,431$0$0$183,854,576
93$375,181,394$0$0$202,426,481
94$413,082,233$0$0$222,887,011
95$454,837,375$0$0$245,428,625
96$500,839,595$0$0$270,263,409
97$551,521,720$0$0$297,625,073
98$607,360,710$0$0$327,771,164
99$668,882,166$0$0$360,985,489
100$736,665,287$0$0$397,580,797