Can I retire at age 35 with 1,520,000?

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 $1,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$125,520$124,402$123,311$122,247$121,207$120,595
2 years$62,139$60,981$59,860$58,772$57,718$57,100
3 years$41,014$39,852$38,733$37,656$36,618$36,014
4 years$30,454$29,295$28,188$27,129$26,117$25,530
5 years$24,120$22,968$21,875$20,838$19,853$19,287
6 years$19,898$18,755$17,678$16,664$15,709$15,164
7 years$16,884$15,751$14,691$13,700$12,776$12,251
8 years$14,624$13,501$12,459$11,493$10,599$10,095
9 years$12,868$11,755$10,731$9,789$8,926$8,443
10 years$11,463$10,362$9,355$8,439$7,605$7,143
11 years$10,315$9,224$8,236$7,344$6,541$6,098
12 years$9,359$8,279$7,310$6,442$5,668$5,246
13 years$8,550$7,482$6,531$5,687$4,943$4,540
14 years$7,858$6,801$5,868$5,048$4,333$3,949
15 years$7,258$6,213$5,298$4,502$3,815$3,449
16 years$6,734$5,700$4,803$4,031$3,372$3,024
17 years$6,272$5,250$4,371$3,622$2,989$2,660
18 years$5,862$4,851$3,990$3,264$2,658$2,345
19 years$5,495$4,496$3,653$2,950$2,369$2,073
20 years$5,166$4,178$3,352$2,671$2,116$1,836
21 years$4,868$3,891$3,083$2,424$1,894$1,628
22 years$4,598$3,632$2,842$2,204$1,698$1,447
23 years$4,352$3,397$2,624$2,008$1,524$1,287
24 years$4,126$3,183$2,427$1,831$1,370$1,147
25 years$3,919$2,987$2,248$1,672$1,232$1,022
26 years$3,728$2,807$2,084$1,529$1,110$912
27 years$3,551$2,642$1,936$1,399$1,001$815
28 years$3,388$2,490$1,799$1,282$903$728
29 years$3,236$2,349$1,675$1,176$815$652
30 years$3,094$2,218$1,560$1,079$737$583
31 years$2,962$2,097$1,454$991$666$522
32 years$2,838$1,984$1,357$911$603$468
33 years$2,722$1,879$1,267$838$545$419
34 years$2,613$1,781$1,184$771$494$376
35 years$2,511$1,689$1,107$709$447$337
36 years$2,414$1,603$1,035$653$405$302
37 years$2,323$1,523$969$602$367$271
38 years$2,237$1,447$907$555$333$243
39 years$2,155$1,376$850$512$302$218
40 years$2,078$1,309$797$472$274$196
41 years$2,005$1,246$747$435$248$176
42 years$1,935$1,187$701$402$225$158
43 years$1,869$1,131$658$371$205$142
44 years$1,806$1,078$617$342$186$128
45 years$1,746$1,028$580$316$169$115
46 years$1,689$981$544$292$153$103
47 years$1,634$936$511$270$139$93
48 years$1,582$893$481$249$126$83
49 years$1,532$853$452$231$115$75
50 years$1,484$815$425$213$104$67

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,520,000, adding $5,651 every year, while hoping to spend $26,825 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: 69/25/6 Blend
34$1,520,000$1,520,000$1,520,000$1,520,000
35$1,680,869$1,600,309$1,576,749$1,795,061
36$1,823,776$1,650,183$1,601,029$1,921,219
37$1,980,361$1,701,601$1,625,222$2,055,343
38$2,151,989$1,754,611$1,649,299$2,201,320
39$2,340,168$1,809,263$1,673,226$2,360,304
40$2,546,553$1,865,605$1,696,968$2,533,567
41$2,772,973$1,923,691$1,720,487$2,722,509
42$3,021,437$1,983,572$1,743,744$2,928,671
43$3,294,161$2,045,305$1,766,698$3,153,750
44$3,593,587$2,108,946$1,789,303$3,399,613
45$3,922,401$2,174,554$1,811,514$3,668,318
46$4,283,567$2,242,187$1,833,280$3,962,128
47$4,680,345$2,311,908$1,854,549$4,283,537
48$5,116,329$2,383,781$1,875,266$4,635,291
49$5,595,480$2,457,872$1,895,372$5,020,416
50$6,122,159$2,534,247$1,914,807$5,442,240
51$6,701,171$2,612,977$1,933,505$5,904,433
52$7,337,810$2,694,133$1,951,397$6,411,035
53$8,037,911$2,777,789$1,968,413$6,966,496
54$8,807,898$2,864,021$1,984,475$7,575,718
55$9,654,852$2,952,907$1,999,504$8,244,101
56$10,586,576$3,044,528$2,013,415$8,977,592
57$11,611,663$3,138,967$2,026,121$9,782,743
58$12,739,585$3,236,308$2,037,529$10,666,774
59$13,980,776$3,336,641$2,047,539$11,637,634
60$15,346,733$3,440,055$2,056,050$12,704,084
61$16,850,126$3,546,643$2,062,954$13,875,775
62$18,504,913$3,656,503$2,068,137$15,163,340
63$20,326,474$3,769,732$2,071,480$16,578,490
64$22,331,758$3,886,432$2,072,857$18,134,134
65$24,539,438$4,006,707$2,072,139$19,844,488
66$26,970,091$4,130,667$2,069,186$21,725,221
67$29,646,391$4,258,420$2,063,855$23,793,592
68$32,593,323$4,390,082$2,055,993$26,068,619
69$35,838,416$4,525,770$2,045,443$28,571,258
70$39,412,006$4,665,605$2,032,037$31,324,597
71$43,347,522$4,809,711$2,015,602$34,354,076
72$47,681,798$4,958,216$1,995,954$37,687,725
73$52,455,425$5,111,252$1,972,902$41,356,432
74$57,713,130$5,268,954$1,946,245$45,394,230
75$63,504,198$5,431,463$1,915,774$49,838,618
76$69,882,942$5,598,920$1,881,268$54,730,919
77$76,909,210$5,771,475$1,842,498$60,116,663
78$84,648,950$5,949,278$1,799,222$66,046,024
79$93,174,836$6,132,486$1,751,189$72,574,285
80$102,566,951$6,321,259$1,698,136$79,762,366
81$112,913,543$6,515,763$1,639,786$87,677,396
82$124,311,857$6,716,168$1,575,852$96,393,344
83$136,869,055$6,922,649$1,506,031$105,991,723
84$150,703,224$7,135,384$1,430,009$116,562,352
85$165,944,495$7,354,560$1,347,456$128,204,206
86$182,736,266$7,580,366$1,258,029$141,026,353
87$201,236,559$7,812,998$1,161,366$155,148,978
88$221,619,509$8,052,656$1,057,093$170,704,521
89$244,077,010$8,299,548$944,817$187,838,922
90$268,820,525$8,553,885$824,128$206,713,005
91$296,083,078$8,815,885$694,596$227,503,989
92$326,121,463$9,085,774$555,775$250,407,165
93$359,218,657$9,363,781$407,199$275,637,736
94$395,686,497$9,650,145$248,378$303,432,848
95$435,868,625$9,945,107$78,804$334,053,833
96$480,143,727$10,248,919$0$367,788,669
97$528,929,109$10,561,838$0$404,961,241
98$582,684,637$10,884,127$0$445,920,525
99$641,917,079$11,216,058$0$491,046,877
100$707,184,886$11,557,910$0$540,765,007