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%12.5%
1 years$164,332$162,869$161,440$160,046$158,685$157,028
2 years$81,353$79,838$78,369$76,945$75,564$73,896
3 years$53,696$52,175$50,710$49,300$47,941$46,312
4 years$39,871$38,354$36,904$35,518$34,192$32,616
5 years$31,578$30,070$28,639$27,281$25,992$24,473
6 years$26,051$24,554$23,145$21,817$20,567$19,107
7 years$22,105$20,621$19,233$17,937$16,726$15,326
8 years$19,146$17,676$16,311$15,047$13,876$12,536
9 years$16,847$15,390$14,049$12,816$11,686$10,405
10 years$15,008$13,565$12,248$11,048$9,957$8,734
11 years$13,504$12,077$10,783$9,615$8,563$7,398
12 years$12,253$10,839$9,570$8,434$7,421$6,312
13 years$11,194$9,796$8,550$7,446$6,471$5,417
14 years$10,288$8,904$7,682$6,609$5,672$4,672
15 years$9,503$8,134$6,936$5,894$4,994$4,046
16 years$8,816$7,463$6,288$5,278$4,414$3,516
17 years$8,212$6,873$5,722$4,742$3,914$3,064
18 years$7,675$6,351$5,224$4,274$3,480$2,677
19 years$7,195$5,886$4,782$3,862$3,102$2,344
20 years$6,763$5,469$4,389$3,497$2,771$2,056
21 years$6,374$5,095$4,037$3,174$2,479$1,807
22 years$6,020$4,756$3,720$2,886$2,222$1,590
23 years$5,697$4,448$3,435$2,628$1,995$1,401
24 years$5,402$4,167$3,177$2,397$1,793$1,235
25 years$5,131$3,911$2,943$2,189$1,614$1,090
26 years$4,881$3,676$2,729$2,002$1,453$963
27 years$4,649$3,459$2,534$1,832$1,310$852
28 years$4,435$3,259$2,356$1,679$1,182$753
29 years$4,236$3,075$2,192$1,539$1,068$667
30 years$4,051$2,904$2,042$1,413$965$590
31 years$3,878$2,745$1,904$1,298$872$523
32 years$3,716$2,598$1,776$1,192$789$464
33 years$3,564$2,460$1,658$1,097$714$411
34 years$3,421$2,331$1,550$1,009$646$364
35 years$3,287$2,211$1,449$929$586$323
36 years$3,161$2,099$1,355$855$530$287
37 years$3,041$1,993$1,269$788$481$255
38 years$2,928$1,894$1,188$726$436$226
39 years$2,822$1,801$1,113$670$395$201
40 years$2,721$1,714$1,043$618$359$178
41 years$2,625$1,632$978$570$325$158
42 years$2,534$1,554$918$526$295$140
43 years$2,447$1,480$861$486$268$125
44 years$2,364$1,411$808$448$243$111
45 years$2,286$1,346$759$414$221$98
46 years$2,211$1,284$713$382$200$87
47 years$2,139$1,225$670$353$182$78
48 years$2,071$1,170$629$327$165$69
49 years$2,006$1,117$591$302$150$61
50 years$1,943$1,067$556$279$136$55

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 $4,946 every year, while hoping to spend $22,088 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: 61/10/29 Blend
34$1,990,000$1,990,000$1,990,000$1,990,000
35$2,198,082$2,092,612$2,061,767$2,314,660
36$2,398,785$2,171,648$2,107,335$2,473,722
37$2,619,219$2,253,817$2,153,688$2,644,472
38$2,861,374$2,339,249$2,200,832$2,830,404
39$3,127,441$2,428,079$2,248,766$3,033,005
40$3,419,834$2,520,450$2,297,495$3,253,914
41$3,741,214$2,616,508$2,347,017$3,494,935
42$4,094,510$2,716,409$2,397,334$3,758,055
43$4,482,950$2,820,313$2,448,445$4,045,459
44$4,910,091$2,928,389$2,500,348$4,359,556
45$5,379,852$3,040,812$2,553,042$4,702,997
46$5,896,550$3,157,764$2,606,522$5,078,704
47$6,464,942$3,279,438$2,660,784$5,489,893
48$7,090,268$3,406,033$2,715,822$5,940,106
49$7,778,304$3,537,757$2,771,630$6,433,244
50$8,535,411$3,674,827$2,828,200$6,973,605
51$9,368,600$3,817,471$2,885,522$7,565,923
52$10,285,596$3,965,926$2,943,586$8,215,412
53$11,294,910$4,120,439$3,002,379$8,927,816
54$12,405,919$4,281,269$3,061,887$9,709,461
55$13,628,958$4,448,686$3,122,095$10,567,319
56$14,975,411$4,622,972$3,182,985$11,509,067
57$16,457,827$4,804,421$3,244,539$12,543,165
58$18,090,029$4,993,341$3,306,735$13,678,931
59$19,887,251$5,190,054$3,369,550$14,926,634
60$21,866,279$5,394,895$3,432,958$16,297,585
61$24,045,610$5,608,215$3,496,932$17,804,245
62$26,445,624$5,830,380$3,561,442$19,460,346
63$29,088,782$6,061,773$3,626,454$21,281,016
64$31,999,832$6,302,794$3,691,935$23,282,922
65$35,206,045$6,553,861$3,757,845$25,484,429
66$38,737,472$6,815,410$3,824,143$27,905,772
67$42,627,227$7,087,899$3,890,784$30,569,245
68$46,911,802$7,371,803$3,957,723$33,499,414
69$51,631,405$7,667,621$4,024,906$36,723,346
70$56,830,348$7,975,874$4,092,280$40,270,867
71$62,557,458$8,297,106$4,159,786$44,174,838
72$68,866,542$8,631,887$4,227,362$48,471,470
73$75,816,890$8,980,811$4,294,940$53,200,664
74$83,473,843$9,344,500$4,362,450$58,406,384
75$91,909,399$9,723,605$4,429,816$64,137,077
76$101,202,900$10,118,804$4,496,957$70,446,125
77$111,441,778$10,530,808$4,563,788$77,392,350
78$122,722,382$10,960,360$4,630,217$85,040,570
79$135,150,884$11,408,237$4,696,149$93,462,210
80$148,844,284$11,875,250$4,761,479$102,735,973
81$163,931,513$12,362,250$4,826,101$112,948,587
82$180,554,651$12,870,123$4,889,899$124,195,620
83$198,870,265$13,399,799$4,952,751$136,582,380
84$219,050,892$13,952,249$5,014,528$150,224,913
85$241,286,663$14,528,489$5,075,094$165,251,094
86$265,787,098$15,129,581$5,134,305$181,801,838
87$292,783,088$15,756,636$5,192,010$200,032,423
88$322,529,068$16,410,816$5,248,047$220,113,961
89$355,305,424$17,093,337$5,302,248$242,235,010
90$391,421,138$17,805,471$5,354,434$266,603,354
91$431,216,704$18,548,549$5,404,417$293,447,962
92$475,067,341$19,323,962$5,451,999$323,021,152
93$523,386,539$20,133,165$5,496,970$355,600,971
94$576,629,959$20,977,683$5,539,112$391,493,816
95$635,299,734$21,859,109$5,578,191$431,037,331
96$699,949,213$22,779,111$5,613,966$474,603,588
97$771,188,179$23,739,433$5,646,180$522,602,604
98$849,688,609$24,741,902$5,674,564$575,486,207
99$936,191,020$25,788,428$5,698,834$633,752,301
100$1,031,511,453$26,881,010$5,718,694$697,949,568