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%18%
1 years$163,507$162,050$160,629$159,242$157,888$152,773
2 years$80,944$79,436$77,975$76,559$75,185$70,079
3 years$53,427$51,913$50,455$49,052$47,700$42,765
4 years$39,671$38,161$36,718$35,339$34,020$29,292
5 years$31,419$29,919$28,495$27,144$25,862$21,354
6 years$25,920$24,431$23,028$21,707$20,463$16,180
7 years$21,994$20,517$19,137$17,847$16,642$12,583
8 years$19,050$17,587$16,229$14,971$13,806$9,968
9 years$16,762$15,313$13,978$12,752$11,627$8,005
10 years$14,932$13,497$12,187$10,992$9,907$6,495
11 years$13,437$12,016$10,729$9,567$8,520$5,313
12 years$12,191$10,785$9,522$8,391$7,383$4,374
13 years$11,138$9,746$8,507$7,408$6,438$3,619
14 years$10,236$8,859$7,644$6,576$5,644$3,006
15 years$9,455$8,093$6,901$5,865$4,969$2,506
16 years$8,772$7,425$6,257$5,251$4,392$2,095
17 years$8,170$6,838$5,693$4,718$3,894$1,755
18 years$7,636$6,319$5,197$4,252$3,463$1,473
19 years$7,159$5,856$4,758$3,842$3,086$1,238
20 years$6,729$5,442$4,367$3,480$2,757$1,042
21 years$6,342$5,069$4,016$3,158$2,467$878
22 years$5,989$4,732$3,702$2,871$2,211$740
23 years$5,668$4,425$3,418$2,615$1,985$625
24 years$5,375$4,146$3,161$2,385$1,784$528
25 years$5,105$3,891$2,928$2,178$1,605$446
26 years$4,856$3,657$2,715$1,992$1,446$377
27 years$4,626$3,442$2,521$1,823$1,304$319
28 years$4,413$3,243$2,344$1,670$1,176$270
29 years$4,215$3,059$2,181$1,532$1,062$228
30 years$4,030$2,889$2,032$1,406$960$193
31 years$3,858$2,731$1,894$1,291$868$164
32 years$3,697$2,584$1,767$1,186$785$138
33 years$3,546$2,448$1,650$1,091$710$117
34 years$3,404$2,320$1,542$1,004$643$99
35 years$3,270$2,200$1,441$924$583$84
36 years$3,145$2,088$1,348$851$528$71
37 years$3,026$1,983$1,262$784$478$60
38 years$2,914$1,885$1,182$723$434$51
39 years$2,808$1,792$1,107$666$393$43
40 years$2,707$1,705$1,038$615$357$37
41 years$2,612$1,623$973$567$324$31
42 years$2,521$1,546$913$523$294$26
43 years$2,435$1,473$857$483$267$22
44 years$2,353$1,404$804$446$242$19
45 years$2,274$1,339$755$412$220$16
46 years$2,200$1,277$709$381$199$14
47 years$2,129$1,219$666$352$181$12
48 years$2,060$1,164$626$325$164$10
49 years$1,995$1,111$588$300$149$8
50 years$1,933$1,061$553$278$136$7

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 $3,425 every year, while hoping to spend $43,155 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: 41/48/11 Blend
34$1,980,000$1,980,000$1,980,000$1,980,000
35$2,185,493$2,080,553$2,049,863$2,267,844
36$2,362,497$2,136,583$2,072,617$2,382,030
37$2,556,108$2,193,913$2,094,686$2,500,984
38$2,767,976$2,252,560$2,116,004$2,628,766
39$2,999,916$2,312,541$2,136,496$2,766,199
40$3,253,926$2,373,875$2,156,087$2,914,185
41$3,532,208$2,436,576$2,174,697$3,073,719
42$3,837,186$2,500,661$2,192,242$3,245,893
43$4,171,529$2,566,143$2,208,633$3,431,911
44$4,538,178$2,633,037$2,223,775$3,633,098
45$4,940,372$2,701,356$2,237,571$3,850,913
46$5,381,677$2,771,109$2,249,917$4,086,962
47$5,866,023$2,842,309$2,260,704$4,343,012
48$6,397,738$2,914,963$2,269,818$4,621,011
49$6,981,590$2,989,078$2,277,139$4,923,102
50$7,622,829$3,064,660$2,282,541$5,251,648
51$8,327,243$3,141,713$2,285,891$5,609,249
52$9,101,203$3,220,239$2,287,050$5,998,769
53$9,951,732$3,300,237$2,285,872$6,423,366
54$10,886,564$3,381,704$2,282,204$6,886,514
55$11,914,221$3,464,635$2,275,886$7,392,044
56$13,044,092$3,549,022$2,266,748$7,944,174
57$14,286,520$3,634,855$2,254,615$8,547,553
58$15,652,902$3,722,120$2,239,301$9,207,301
59$17,155,793$3,810,799$2,220,613$9,929,062
60$18,809,027$3,900,872$2,198,347$10,719,052
61$20,627,847$3,992,313$2,172,291$11,584,122
62$22,629,046$4,085,095$2,142,221$12,531,819
63$24,831,127$4,179,183$2,107,904$13,570,461
64$27,254,479$4,274,540$2,069,096$14,709,213
65$29,921,566$4,371,123$2,025,541$15,958,174
66$32,857,141$4,468,883$1,976,971$17,328,473
67$36,088,477$4,567,766$1,923,107$18,832,375
68$39,645,626$4,667,711$1,863,656$20,483,393
69$43,561,702$4,768,651$1,798,311$22,296,420
70$47,873,193$4,870,512$1,726,752$24,287,870
71$52,620,305$4,973,213$1,648,644$26,475,829
72$57,847,339$5,076,664$1,563,637$28,880,229
73$63,603,114$5,180,766$1,471,364$31,523,035
74$69,941,420$5,285,413$1,371,444$34,428,456
75$76,921,534$5,390,487$1,263,476$37,623,168
76$84,608,772$5,495,862$1,147,044$41,136,572
77$93,075,106$5,601,399$1,021,710$45,001,068
78$102,399,848$5,706,949$887,018$49,252,363
79$112,670,394$5,812,350$742,494$53,929,809
80$123,983,046$5,917,427$587,639$59,076,774
81$136,443,927$6,021,992$421,936$64,741,053
82$150,169,978$6,125,840$244,842$70,975,317
83$165,290,063$6,228,753$55,791$77,837,616
84$181,946,183$6,330,496$0$85,391,924
85$200,294,818$6,430,814$0$93,725,875
86$220,508,403$6,529,438$0$102,908,141
87$242,776,954$6,626,074$0$113,017,871
88$267,309,863$6,720,411$0$124,149,517
89$294,337,873$6,812,116$0$136,407,163
90$324,115,256$6,900,829$0$149,905,515
91$356,922,212$6,986,170$0$164,770,980
92$393,067,514$7,067,729$0$181,142,861
93$432,891,423$7,145,070$0$199,174,676
94$476,768,898$7,217,728$0$219,035,603
95$525,113,136$7,285,207$0$240,912,083
96$578,379,471$7,346,977$0$265,009,579
97$637,069,673$7,402,475$0$291,554,515
98$701,736,684$7,451,101$0$320,796,419
99$772,989,836$7,492,215$0$353,010,279
100$851,500,604$7,525,138$0$388,499,135