Can I retire at age 35 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$164,332$162,869$161,440$160,046$158,685$152,389
2 years$81,353$79,838$78,369$76,945$75,564$69,299
3 years$53,696$52,175$50,710$49,300$47,941$41,904
4 years$39,871$38,354$36,904$35,518$34,192$28,429
5 years$31,578$30,070$28,639$27,281$25,992$20,518
6 years$26,051$24,554$23,145$21,817$20,567$15,385
7 years$22,105$20,621$19,233$17,937$16,726$11,835
8 years$19,146$17,676$16,311$15,047$13,876$9,270
9 years$16,847$15,390$14,049$12,816$11,686$7,358
10 years$15,008$13,565$12,248$11,048$9,957$5,900
11 years$13,504$12,077$10,783$9,615$8,563$4,766
12 years$12,253$10,839$9,570$8,434$7,421$3,874
13 years$11,194$9,796$8,550$7,446$6,471$3,164
14 years$10,288$8,904$7,682$6,609$5,672$2,594
15 years$9,503$8,134$6,936$5,894$4,994$2,133
16 years$8,816$7,463$6,288$5,278$4,414$1,759
17 years$8,212$6,873$5,722$4,742$3,914$1,453
18 years$7,675$6,351$5,224$4,274$3,480$1,202
19 years$7,195$5,886$4,782$3,862$3,102$996
20 years$6,763$5,469$4,389$3,497$2,771$826
21 years$6,374$5,095$4,037$3,174$2,479$686
22 years$6,020$4,756$3,720$2,886$2,222$570
23 years$5,697$4,448$3,435$2,628$1,995$474
24 years$5,402$4,167$3,177$2,397$1,793$394
25 years$5,131$3,911$2,943$2,189$1,614$328
26 years$4,881$3,676$2,729$2,002$1,453$273
27 years$4,649$3,459$2,534$1,832$1,310$227
28 years$4,435$3,259$2,356$1,679$1,182$189
29 years$4,236$3,075$2,192$1,539$1,068$158
30 years$4,051$2,904$2,042$1,413$965$132
31 years$3,878$2,745$1,904$1,298$872$110
32 years$3,716$2,598$1,776$1,192$789$91
33 years$3,564$2,460$1,658$1,097$714$76
34 years$3,421$2,331$1,550$1,009$646$64
35 years$3,287$2,211$1,449$929$586$53
36 years$3,161$2,099$1,355$855$530$44
37 years$3,041$1,993$1,269$788$481$37
38 years$2,928$1,894$1,188$726$436$31
39 years$2,822$1,801$1,113$670$395$26
40 years$2,721$1,714$1,043$618$359$21
41 years$2,625$1,632$978$570$325$18
42 years$2,534$1,554$918$526$295$15
43 years$2,447$1,480$861$486$268$12
44 years$2,364$1,411$808$448$243$10
45 years$2,286$1,346$759$414$221$9
46 years$2,211$1,284$713$382$200$7
47 years$2,139$1,225$670$353$182$6
48 years$2,071$1,170$629$327$165$5
49 years$2,006$1,117$591$302$150$4
50 years$1,943$1,067$556$279$136$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,990,000, adding $6,830 every year, while hoping to spend $40,079 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: 44/26/30 Blend
34$1,990,000$1,990,000$1,990,000$1,990,000
35$2,200,025$2,094,555$2,063,710$2,277,394
36$2,381,784$2,154,545$2,090,201$2,393,462
37$2,580,739$2,216,130$2,116,235$2,514,891
38$2,798,602$2,279,348$2,141,757$2,645,777
39$3,037,257$2,344,234$2,166,704$2,787,025
40$3,298,781$2,410,826$2,191,012$2,939,632
41$3,585,460$2,479,159$2,214,614$3,104,695
42$3,899,812$2,549,273$2,237,438$3,283,423
43$4,244,609$2,621,204$2,259,409$3,477,148
44$4,622,907$2,694,990$2,280,447$3,687,338
45$5,038,069$2,770,671$2,300,468$3,915,607
46$5,493,803$2,848,284$2,319,384$4,163,736
47$5,994,189$2,927,868$2,337,102$4,433,687
48$6,543,726$3,009,463$2,353,524$4,727,620
49$7,147,366$3,093,107$2,368,547$5,047,915
50$7,810,567$3,178,839$2,382,063$5,397,198
51$8,539,341$3,266,698$2,393,959$5,778,357
52$9,340,311$3,356,724$2,404,114$6,194,578
53$10,220,774$3,448,954$2,412,402$6,649,371
54$11,188,768$3,543,428$2,418,693$7,146,603
55$12,253,150$3,640,184$2,422,847$7,690,537
56$13,423,677$3,739,259$2,424,718$8,285,868
57$14,711,100$3,840,691$2,424,154$8,937,772
58$16,127,264$3,944,516$2,420,996$9,651,954
59$17,685,220$4,050,772$2,415,073$10,434,699
60$19,399,345$4,159,493$2,406,211$11,292,935
61$21,285,484$4,270,713$2,394,224$12,234,295
62$23,361,092$4,384,467$2,378,920$13,267,193
63$25,645,403$4,500,786$2,360,093$14,400,901
64$28,159,610$4,619,701$2,337,533$15,645,638
65$30,927,066$4,741,241$2,311,016$17,012,666
66$33,973,500$4,865,436$2,280,308$18,514,396
67$37,327,265$4,992,310$2,245,166$20,164,508
68$41,019,600$5,121,887$2,205,333$21,978,076
69$45,084,930$5,254,190$2,160,542$23,971,715
70$49,561,184$5,389,237$2,110,513$26,163,735
71$54,490,162$5,527,046$2,054,951$28,574,318
72$59,917,917$5,667,630$1,993,551$31,225,703
73$65,895,201$5,811,000$1,925,991$34,142,402
74$72,477,936$5,957,164$1,851,937$37,351,429
75$79,727,745$6,106,125$1,771,036$40,882,556
76$87,712,532$6,257,882$1,682,922$44,768,595
77$96,507,123$6,412,430$1,587,213$49,045,707
78$106,193,971$6,569,761$1,483,506$53,753,746
79$116,863,936$6,729,859$1,371,383$58,936,635
80$128,617,140$6,892,705$1,250,407$64,642,779
81$141,563,913$7,058,272$1,120,121$70,925,528
82$155,825,833$7,226,529$980,046$77,843,675
83$171,536,875$7,397,435$829,684$85,462,017
84$188,844,672$7,570,946$668,515$93,851,965
85$207,911,913$7,747,006$495,994$103,092,220
86$228,917,872$7,925,553$311,554$113,269,516
87$252,060,106$8,106,516$114,602$124,479,442
88$277,556,314$8,289,814$0$136,827,342
89$305,646,398$8,475,354$0$150,459,910
90$336,594,719$8,663,035$0$165,515,635
91$370,692,600$8,852,743$0$182,099,018
92$408,261,068$9,044,350$0$200,365,684
93$449,653,892$9,237,718$0$220,487,126
94$495,260,915$9,432,692$0$242,652,330
95$545,511,737$9,629,103$0$267,069,550
96$600,879,771$9,826,766$0$293,968,284
97$661,886,708$10,025,478$0$323,601,431
98$729,107,445$10,225,019$0$356,247,685
99$803,175,508$10,425,149$0$392,214,164
100$884,789,035$10,625,606$0$431,839,306