Can I retire at age 35 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$123,043$121,947$120,878$119,834$118,815$114,873
2 years$60,912$59,778$58,678$57,612$56,578$52,646
3 years$40,205$39,065$37,969$36,913$35,896$32,095
4 years$29,853$28,717$27,632$26,594$25,601$21,962
5 years$23,644$22,515$21,443$20,426$19,462$15,994
6 years$19,505$18,385$17,329$16,335$15,399$12,105
7 years$16,551$15,440$14,401$13,430$12,524$9,403
8 years$14,336$13,235$12,213$11,266$10,390$7,440
9 years$12,614$11,523$10,519$9,596$8,750$5,967
10 years$11,237$10,157$9,171$8,272$7,455$4,836
11 years$10,111$9,042$8,074$7,199$6,412$3,951
12 years$9,174$8,116$7,165$6,315$5,556$3,248
13 years$8,381$7,334$6,402$5,575$4,845$2,684
14 years$7,703$6,667$5,752$4,949$4,247$2,226
15 years$7,115$6,090$5,193$4,413$3,740$1,853
16 years$6,601$5,588$4,708$3,952$3,305$1,547
17 years$6,148$5,146$4,284$3,551$2,930$1,294
18 years$5,746$4,755$3,911$3,200$2,606$1,084
19 years$5,387$4,407$3,580$2,891$2,322$910
20 years$5,064$4,095$3,286$2,619$2,074$765
21 years$4,772$3,815$3,022$2,377$1,856$643
22 years$4,507$3,561$2,786$2,161$1,664$542
23 years$4,266$3,330$2,572$1,968$1,494$457
24 years$4,045$3,120$2,379$1,795$1,343$385
25 years$3,841$2,928$2,203$1,639$1,208$325
26 years$3,654$2,752$2,043$1,499$1,088$274
27 years$3,481$2,590$1,897$1,372$981$231
28 years$3,321$2,441$1,764$1,257$885$195
29 years$3,172$2,302$1,641$1,153$799$165
30 years$3,033$2,174$1,529$1,058$722$140
31 years$2,903$2,055$1,425$972$653$118
32 years$2,782$1,945$1,330$893$591$100
33 years$2,668$1,842$1,242$821$535$84
34 years$2,562$1,746$1,160$755$484$71
35 years$2,461$1,656$1,085$695$438$60
36 years$2,366$1,572$1,015$640$397$51
37 years$2,277$1,493$950$590$360$43
38 years$2,193$1,418$889$544$326$36
39 years$2,113$1,349$833$502$296$31
40 years$2,037$1,283$781$463$268$26
41 years$1,965$1,222$732$427$244$22
42 years$1,897$1,163$687$394$221$19
43 years$1,832$1,108$645$364$201$16
44 years$1,770$1,057$605$336$182$13
45 years$1,711$1,008$568$310$165$11
46 years$1,655$961$534$286$150$10
47 years$1,602$917$501$265$136$8
48 years$1,551$876$471$244$124$7
49 years$1,502$836$443$226$112$6
50 years$1,455$799$416$209$102$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,490,000, adding $5,766 every year, while hoping to spend $54,980 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: 68/11/21 Blend
34$1,490,000$1,490,000$1,490,000$1,490,000
35$1,647,928$1,568,958$1,545,863$1,750,953
36$1,757,518$1,587,338$1,539,151$1,839,010
37$1,876,444$1,604,777$1,530,371$1,928,386
38$2,005,599$1,621,169$1,519,397$2,024,835
39$2,145,968$1,636,404$1,506,094$2,129,053
40$2,298,632$1,650,363$1,490,324$2,241,807
41$2,464,782$1,662,920$1,471,939$2,363,942
42$2,645,727$1,673,941$1,450,786$2,496,392
43$2,842,909$1,683,282$1,426,705$2,640,185
44$3,057,914$1,690,791$1,399,528$2,796,457
45$3,292,488$1,696,306$1,369,079$2,966,458
46$3,548,553$1,699,656$1,335,174$3,151,570
47$3,828,223$1,700,657$1,297,621$3,353,315
48$4,133,828$1,699,116$1,256,217$3,573,371
49$4,467,931$1,694,825$1,210,753$3,813,590
50$4,833,355$1,687,566$1,161,008$4,076,016
51$5,233,207$1,677,107$1,106,752$4,362,900
52$5,670,910$1,663,201$1,047,744$4,676,726
53$6,150,232$1,645,588$983,733$5,020,233
54$6,675,324$1,623,989$914,456$5,396,443
55$7,250,754$1,598,111$839,637$5,808,686
56$7,881,556$1,567,644$758,990$6,260,637
57$8,573,273$1,532,258$672,215$6,756,346
58$9,332,012$1,491,603$578,999$7,300,281
59$10,164,496$1,445,310$479,014$7,897,368
60$11,078,133$1,392,989$371,920$8,553,037
61$12,081,082$1,334,225$257,359$9,273,280
62$13,182,331$1,268,580$134,958$10,064,699
63$14,391,780$1,195,592$4,331$10,934,576
64$15,720,335$1,114,769$0$11,890,940
65$17,180,012$1,025,596$0$12,972,909
66$18,784,046$927,523$0$14,162,978
67$20,547,019$819,972$0$15,471,038
68$22,484,997$702,332$0$16,909,054
69$24,615,676$573,956$0$18,490,215
70$26,958,557$434,162$0$20,229,052
71$29,535,123$282,229$0$22,141,580
72$32,369,042$117,395$0$24,245,447
73$35,486,393$0$0$26,560,103
74$38,915,908$0$0$29,114,379
75$42,689,247$0$0$31,940,467
76$46,841,289$0$0$35,050,293
77$51,410,468$0$0$38,472,656
78$56,439,131$0$0$42,239,288
79$61,973,939$0$0$46,385,153
80$68,066,305$0$0$50,948,776
81$74,772,880$0$0$55,972,607
82$82,156,085$0$0$61,503,421
83$90,284,703$0$0$67,592,759
84$99,234,524$0$0$74,297,413
85$109,089,062$0$0$81,679,962
86$119,940,339$0$0$89,809,365
87$131,889,759$0$0$98,761,604
88$145,049,059$0$0$108,620,411
89$159,541,363$0$0$119,478,047
90$175,502,347$0$0$131,436,180
91$193,081,515$0$0$144,606,841
92$212,443,614$0$0$159,113,480
93$233,770,182$0$0$175,092,134
94$257,261,266$0$0$192,692,707
95$283,137,306$0$0$212,080,386
96$311,641,216$0$0$233,437,197
97$343,040,679$0$0$256,963,729
98$377,630,666$0$0$282,881,019
99$415,736,227$0$0$311,432,643
100$457,715,553$0$0$342,887,012