Can I retire at age 35 with 1,500,000?

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$123,869$122,765$121,689$120,638$119,612$118,908
2 years$61,321$60,179$59,072$57,999$56,958$56,248
3 years$40,475$39,328$38,224$37,161$36,137$35,442
4 years$30,053$28,910$27,817$26,772$25,773$25,100
5 years$23,802$22,666$21,587$20,564$19,592$18,942
6 years$19,636$18,508$17,446$16,445$15,503$14,876
7 years$16,662$15,543$14,497$13,520$12,608$12,006
8 years$14,432$13,323$12,295$11,342$10,459$9,881
9 years$12,698$11,600$10,590$9,661$8,808$8,254
10 years$11,312$10,225$9,232$8,328$7,505$6,975
11 years$10,179$9,103$8,128$7,247$6,455$5,948
12 years$9,236$8,170$7,213$6,357$5,593$5,110
13 years$8,438$7,384$6,445$5,612$4,878$4,417
14 years$7,754$6,711$5,791$4,982$4,276$3,837
15 years$7,163$6,131$5,228$4,443$3,765$3,347
16 years$6,646$5,625$4,740$3,978$3,327$2,931
17 years$6,190$5,181$4,313$3,574$2,950$2,574
18 years$5,785$4,787$3,937$3,221$2,623$2,266
19 years$5,423$4,437$3,605$2,911$2,338$2,000
20 years$5,098$4,123$3,308$2,636$2,088$1,769
21 years$4,804$3,840$3,043$2,393$1,869$1,567
22 years$4,537$3,585$2,804$2,175$1,675$1,390
23 years$4,294$3,353$2,589$1,981$1,504$1,235
24 years$4,072$3,141$2,395$1,807$1,352$1,098
25 years$3,867$2,948$2,218$1,650$1,216$978
26 years$3,679$2,770$2,057$1,509$1,096$871
27 years$3,505$2,607$1,910$1,381$988$777
28 years$3,343$2,457$1,776$1,265$891$693
29 years$3,193$2,318$1,652$1,160$805$619
30 years$3,053$2,189$1,539$1,065$727$553
31 years$2,923$2,069$1,435$978$657$495
32 years$2,801$1,958$1,339$899$595$442
33 years$2,686$1,854$1,250$827$538$396
34 years$2,579$1,757$1,168$761$487$354
35 years$2,478$1,667$1,092$700$441$317
36 years$2,382$1,582$1,022$645$400$284
37 years$2,292$1,503$956$594$362$254
38 years$2,207$1,428$895$548$329$228
39 years$2,127$1,358$839$505$298$204
40 years$2,051$1,292$786$466$270$183
41 years$1,978$1,230$737$430$245$164
42 years$1,910$1,171$692$397$222$147
43 years$1,844$1,116$649$366$202$132
44 years$1,782$1,064$609$338$183$118
45 years$1,723$1,014$572$312$166$106
46 years$1,666$968$537$288$151$95
47 years$1,613$923$505$266$137$85
48 years$1,561$882$474$246$125$77
49 years$1,512$842$446$227$113$69
50 years$1,465$804$419$210$103$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,500,000, adding $2,102 every year, while hoping to spend $41,970 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: 29/46/25 Blend
34$1,500,000$1,500,000$1,500,000$1,500,000
35$1,655,168$1,575,668$1,552,418$1,690,256
36$1,779,340$1,608,220$1,559,768$1,750,379
37$1,914,770$1,640,961$1,565,958$1,811,142
38$2,062,563$1,673,854$1,570,905$1,875,612
39$2,223,934$1,706,863$1,574,520$1,944,136
40$2,400,222$1,739,946$1,576,712$2,017,097
41$2,592,898$1,773,057$1,577,386$2,094,921
42$2,803,585$1,806,147$1,576,439$2,178,074
43$3,034,067$1,839,165$1,573,767$2,267,076
44$3,286,311$1,872,053$1,569,257$2,362,499
45$3,562,481$1,904,750$1,562,793$2,464,974
46$3,864,961$1,937,190$1,554,254$2,575,200
47$4,196,375$1,969,301$1,543,510$2,693,948
48$4,559,615$2,001,006$1,530,427$2,822,071
49$4,957,865$2,032,225$1,514,866$2,960,511
50$5,394,632$2,062,868$1,496,677$3,110,307
51$5,873,776$2,092,840$1,475,709$3,272,609
52$6,399,554$2,122,042$1,451,797$3,448,685
53$6,976,651$2,150,364$1,424,775$3,639,938
54$7,610,228$2,177,691$1,394,463$3,847,915
55$8,305,972$2,203,898$1,360,679$4,074,327
56$9,070,146$2,228,854$1,323,226$4,321,060
57$9,909,650$2,252,417$1,281,903$4,590,201
58$10,832,085$2,274,437$1,236,498$4,884,050
59$11,845,826$2,294,753$1,186,789$5,205,149
60$12,960,098$2,313,193$1,132,544$5,556,304
61$14,185,065$2,329,576$1,073,521$5,940,613
62$15,531,923$2,343,708$1,009,466$6,361,496
63$17,013,011$2,355,381$940,115$6,822,727
64$18,641,920$2,364,376$865,191$7,328,472
65$20,433,625$2,370,460$784,404$7,883,331
66$22,404,627$2,373,385$697,453$8,492,378
67$24,573,104$2,372,886$604,023$9,161,215
68$26,959,087$2,368,683$503,784$9,896,023
69$29,584,645$2,360,480$396,392$10,703,622
70$32,474,095$2,347,960$281,488$11,591,540
71$35,654,232$2,330,789$158,697$12,568,081
72$39,154,578$2,308,612$27,627$13,642,406
73$43,007,663$2,281,052$0$14,824,627
74$47,249,331$2,247,710$0$16,155,836
75$51,919,078$2,208,163$0$17,628,206
76$57,060,424$2,161,963$0$19,248,051
77$62,721,324$2,108,636$0$21,030,467
78$68,954,618$2,047,678$0$22,992,096
79$75,818,534$1,978,560$0$25,151,290
80$83,377,232$1,900,716$0$27,528,279
81$91,701,411$1,813,553$0$30,145,371
82$100,868,977$1,716,438$0$33,027,156
83$110,965,776$1,608,707$0$36,200,748
84$122,086,405$1,489,655$0$39,696,035
85$134,335,106$1,358,535$0$43,545,971
86$147,826,745$1,214,561$0$47,786,883
87$162,687,899$1,056,900$0$52,458,821
88$179,058,049$884,673$0$57,605,933
89$197,090,898$696,951$0$63,276,891
90$216,955,819$492,751$0$69,525,348
91$238,839,455$271,037$0$76,410,449
92$262,947,476$30,715$0$83,997,393
93$289,506,527$0$0$92,358,051
94$318,766,361$0$0$101,687,755
95$351,002,198$0$0$111,983,900
96$386,517,324$0$0$123,327,859
97$425,645,948$0$0$135,826,431
98$468,756,364$0$0$149,597,310
99$516,254,420$0$0$164,770,192
100$568,587,352$0$0$181,487,997