Can I retire at age 35 with 1,540,000?

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 $1,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$127,172$126,039$124,934$123,855$122,802$121,621
2 years$62,956$61,784$60,647$59,546$58,477$57,287
3 years$41,554$40,376$39,243$38,152$37,100$35,939
4 years$30,855$29,681$28,559$27,486$26,460$25,336
5 years$24,437$23,270$22,163$21,112$20,115$19,030
6 years$20,160$19,002$17,911$16,883$15,916$14,874
7 years$17,106$15,958$14,884$13,881$12,944$11,944
8 years$14,817$13,679$12,623$11,644$10,738$9,780
9 years$13,037$11,910$10,872$9,918$9,043$8,127
10 years$11,614$10,498$9,478$8,550$7,705$6,831
11 years$10,451$9,346$8,345$7,441$6,627$5,793
12 years$9,482$8,388$7,406$6,527$5,743$4,948
13 years$8,663$7,580$6,617$5,762$5,008$4,252
14 years$7,961$6,890$5,945$5,115$4,390$3,672
15 years$7,354$6,295$5,368$4,562$3,865$3,184
16 years$6,823$5,775$4,866$4,084$3,416$2,771
17 years$6,355$5,319$4,428$3,670$3,029$2,418
18 years$5,939$4,915$4,042$3,307$2,693$2,116
19 years$5,568$4,555$3,701$2,988$2,400$1,856
20 years$5,234$4,233$3,396$2,707$2,144$1,630
21 years$4,932$3,943$3,124$2,456$1,919$1,435
22 years$4,658$3,680$2,879$2,233$1,720$1,264
23 years$4,409$3,442$2,658$2,034$1,544$1,115
24 years$4,180$3,225$2,459$1,855$1,388$985
25 years$3,970$3,026$2,277$1,694$1,249$871
26 years$3,777$2,844$2,112$1,549$1,125$771
27 years$3,598$2,677$1,961$1,418$1,014$682
28 years$3,432$2,522$1,823$1,299$915$605
29 years$3,278$2,380$1,697$1,191$826$536
30 years$3,135$2,247$1,580$1,093$747$475
31 years$3,001$2,124$1,473$1,004$675$422
32 years$2,875$2,010$1,375$923$611$375
33 years$2,758$1,904$1,283$849$553$333
34 years$2,648$1,804$1,199$781$500$295
35 years$2,544$1,711$1,121$719$453$263
36 years$2,446$1,624$1,049$662$411$233
37 years$2,354$1,543$982$610$372$207
38 years$2,266$1,466$919$562$337$184
39 years$2,184$1,394$861$518$306$164
40 years$2,105$1,326$807$478$277$146
41 years$2,031$1,263$757$441$252$130
42 years$1,961$1,202$710$407$228$115
43 years$1,894$1,146$666$376$207$103
44 years$1,830$1,092$625$347$188$91
45 years$1,769$1,041$587$320$171$81
46 years$1,711$993$552$296$155$72
47 years$1,656$948$518$273$141$64
48 years$1,603$905$487$253$128$57
49 years$1,552$864$458$234$116$51
50 years$1,504$826$430$216$106$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,540,000, adding $6,738 every year, while hoping to spend $38,600 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: 62/8/30 Blend
34$1,540,000$1,540,000$1,540,000$1,540,000
35$1,704,030$1,622,410$1,598,540$1,795,505
36$1,836,771$1,660,838$1,611,021$1,897,001
37$1,981,758$1,699,856$1,622,627$2,003,035
38$2,140,199$1,739,450$1,633,286$2,118,019
39$2,313,425$1,779,608$1,642,927$2,242,839
40$2,502,899$1,820,315$1,651,470$2,378,470
41$2,710,236$1,861,551$1,658,835$2,525,988
42$2,937,210$1,903,297$1,664,936$2,686,577
43$3,185,777$1,945,530$1,669,683$2,861,545
44$3,458,091$1,988,226$1,672,982$3,052,330
45$3,756,523$2,031,355$1,674,733$3,260,521
46$4,083,684$2,074,888$1,674,833$3,487,867
47$4,442,452$2,118,789$1,673,172$3,736,297
48$4,835,994$2,163,022$1,669,636$4,007,937
49$5,267,801$2,207,545$1,664,104$4,305,131
50$5,741,716$2,252,314$1,656,450$4,630,462
51$6,261,973$2,297,280$1,646,543$4,986,778
52$6,833,236$2,342,388$1,634,245$5,377,219
53$7,460,643$2,387,583$1,619,409$5,805,246
54$8,149,854$2,432,799$1,601,884$6,274,673
55$8,907,103$2,477,971$1,581,512$6,789,705
56$9,739,260$2,523,024$1,558,125$7,354,977
57$10,653,891$2,567,878$1,531,548$7,975,600
58$11,659,333$2,612,450$1,501,600$8,657,205
59$12,764,771$2,656,645$1,468,090$9,406,000
60$13,980,323$2,700,366$1,430,816$10,228,831
61$15,317,139$2,743,507$1,389,571$11,133,239
62$16,787,500$2,785,952$1,344,135$12,127,540
63$18,404,940$2,827,579$1,294,279$13,220,899
64$20,184,371$2,868,257$1,239,764$14,423,419
65$22,142,220$2,907,845$1,180,340$15,746,236
66$24,296,590$2,946,193$1,115,744$17,201,624
67$26,667,426$2,983,140$1,045,705$18,803,112
68$29,276,703$3,018,513$969,936$20,565,612
69$32,148,636$3,052,130$888,138$22,505,561
70$35,309,906$3,083,793$800,000$24,641,075
71$38,789,912$3,113,295$705,196$26,992,123
72$42,621,049$3,140,412$603,385$29,580,713
73$46,839,010$3,164,906$494,212$32,431,104
74$51,483,127$3,186,525$377,307$35,570,033
75$56,596,740$3,204,999$252,281$39,026,969
76$62,227,605$3,220,041$118,730$42,834,391
77$68,428,346$3,231,348$0$47,028,098
78$75,256,948$3,238,595$0$51,655,160
79$82,777,308$3,241,437$0$56,792,502
80$91,059,836$3,239,510$0$62,450,151
81$100,182,117$3,232,424$0$68,681,085
82$110,229,648$3,219,768$0$75,543,682
83$121,296,640$3,201,104$0$83,102,272
84$133,486,906$3,175,967$0$91,427,746
85$146,914,847$3,143,867$0$100,598,224
86$161,706,525$3,104,279$0$110,699,791
87$178,000,855$3,056,653$0$121,827,312
88$195,950,914$3,000,401$0$134,085,325
89$215,725,390$2,934,903$0$147,589,030
90$237,510,167$2,859,501$0$162,465,375
91$261,510,087$2,773,500$0$178,854,255
92$287,950,876$2,676,161$0$196,909,833
93$317,081,279$2,566,706$0$216,801,993
94$349,175,404$2,444,310$0$238,717,947
95$384,535,312$2,308,098$0$262,863,999
96$423,493,868$2,157,149$0$289,467,498
97$466,417,879$1,990,486$0$318,778,976
98$513,711,560$1,807,077$0$351,074,521
99$565,820,346$1,605,831$0$386,658,379
100$623,235,100$1,385,595$0$425,865,828