Can I retire at age 35 with 1,550,000?

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 $1,550,000?

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$127,998$126,857$125,745$124,659$123,599$122,872
2 years$63,365$62,185$61,041$59,932$58,857$58,123
3 years$41,824$40,639$39,498$38,399$37,341$36,624
4 years$31,055$29,874$28,744$27,664$26,632$25,936
5 years$24,596$23,421$22,307$21,249$20,245$19,573
6 years$20,291$19,125$18,027$16,993$16,019$15,372
7 years$17,217$16,061$14,981$13,971$13,028$12,406
8 years$14,913$13,768$12,705$11,720$10,808$10,211
9 years$13,122$11,987$10,943$9,983$9,102$8,530
10 years$11,690$10,566$9,540$8,605$7,755$7,208
11 years$10,519$9,406$8,399$7,489$6,670$6,146
12 years$9,543$8,443$7,454$6,569$5,780$5,280
13 years$8,719$7,630$6,659$5,799$5,040$4,564
14 years$8,013$6,935$5,984$5,148$4,418$3,965
15 years$7,402$6,335$5,402$4,591$3,890$3,459
16 years$6,867$5,813$4,898$4,111$3,438$3,028
17 years$6,396$5,353$4,457$3,694$3,048$2,660
18 years$5,978$4,947$4,069$3,329$2,711$2,342
19 years$5,604$4,584$3,725$3,008$2,416$2,067
20 years$5,268$4,260$3,418$2,724$2,158$1,828
21 years$4,964$3,968$3,144$2,472$1,931$1,619
22 years$4,689$3,704$2,898$2,248$1,731$1,436
23 years$4,437$3,464$2,676$2,047$1,554$1,276
24 years$4,207$3,246$2,475$1,867$1,397$1,135
25 years$3,996$3,046$2,292$1,705$1,257$1,010
26 years$3,801$2,863$2,126$1,559$1,132$900
27 years$3,621$2,694$1,974$1,427$1,021$803
28 years$3,455$2,539$1,835$1,308$921$717
29 years$3,300$2,395$1,708$1,199$832$640
30 years$3,155$2,262$1,591$1,100$751$572
31 years$3,020$2,138$1,483$1,011$679$511
32 years$2,894$2,023$1,383$929$615$457
33 years$2,776$1,916$1,292$854$556$409
34 years$2,665$1,816$1,207$786$504$366
35 years$2,560$1,722$1,128$723$456$328
36 years$2,462$1,635$1,056$666$413$293
37 years$2,369$1,553$988$614$374$263
38 years$2,281$1,476$925$566$340$235
39 years$2,198$1,403$867$522$308$211
40 years$2,119$1,335$813$481$279$189
41 years$2,044$1,271$762$444$253$170
42 years$1,973$1,210$715$410$230$152
43 years$1,906$1,153$671$378$209$136
44 years$1,842$1,099$629$349$189$122
45 years$1,780$1,048$591$323$172$110
46 years$1,722$1,000$555$298$156$98
47 years$1,666$954$522$275$142$88
48 years$1,613$911$490$254$129$79
49 years$1,562$870$461$235$117$71
50 years$1,513$831$433$217$106$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,550,000, adding $6,439 every year, while hoping to spend $20,803 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: 47/48/5 Blend
34$1,550,000$1,550,000$1,550,000$1,550,000
35$1,714,742$1,632,592$1,608,567$1,792,813
36$1,867,511$1,690,455$1,640,320$1,904,819
37$2,035,166$1,750,455$1,672,439$2,023,576
38$2,219,202$1,812,677$1,704,915$2,151,957
39$2,421,268$1,877,206$1,737,737$2,290,857
40$2,643,180$1,944,131$1,770,894$2,441,261
41$2,886,937$2,013,547$1,804,371$2,604,253
42$3,154,744$2,085,549$1,838,157$2,781,020
43$3,449,027$2,160,240$1,872,234$2,972,872
44$3,772,460$2,237,724$1,906,586$3,181,244
45$4,127,990$2,318,112$1,941,196$3,407,718
46$4,518,862$2,401,517$1,976,044$3,654,031
47$4,948,653$2,488,058$2,011,108$3,922,093
48$5,421,302$2,577,859$2,046,366$4,214,007
49$5,941,149$2,671,048$2,081,793$4,532,084
50$6,512,977$2,767,760$2,117,364$4,878,868
51$7,142,055$2,868,135$2,153,051$5,257,156
52$7,834,189$2,972,318$2,188,822$5,670,028
53$8,595,775$3,080,461$2,224,647$6,120,871
54$9,433,862$3,192,721$2,260,490$6,613,413
55$10,356,215$3,309,264$2,296,316$7,151,759
56$11,371,392$3,430,260$2,332,085$7,740,424
57$12,488,820$3,555,889$2,367,756$8,384,379
58$13,718,888$3,686,336$2,403,285$9,089,097
59$15,073,044$3,821,796$2,438,624$9,860,603
60$16,563,901$3,962,471$2,473,724$10,705,527
61$18,205,358$4,108,570$2,508,533$11,631,174
62$20,012,729$4,260,315$2,542,993$12,645,582
63$22,002,891$4,417,934$2,577,047$13,757,604
64$24,194,438$4,581,665$2,610,630$14,976,989
65$26,607,861$4,751,757$2,643,677$16,314,472
66$29,265,740$4,928,470$2,676,117$17,781,874
67$32,192,954$5,112,075$2,707,876$19,392,214
68$35,416,921$5,302,852$2,738,876$21,159,831
69$38,967,852$5,501,096$2,769,033$23,100,515
70$42,879,037$5,707,114$2,798,259$25,231,661
71$47,187,162$5,921,225$2,826,464$27,572,424
72$51,932,650$6,143,764$2,853,549$30,143,906
73$57,160,050$6,375,077$2,879,412$32,969,348
74$62,918,447$6,615,528$2,903,944$36,074,353
75$69,261,936$6,865,496$2,927,033$39,487,122
76$76,250,123$7,125,375$2,948,559$43,238,721
77$83,948,694$7,395,577$2,968,394$47,363,373
78$92,430,033$7,676,533$2,986,408$51,898,777
79$101,773,904$7,968,690$3,002,460$56,886,466
80$112,068,204$8,272,518$3,016,404$62,372,192
81$123,409,793$8,588,503$3,028,086$68,406,364
82$135,905,409$8,917,157$3,037,344$75,044,511
83$149,672,675$9,259,012$3,044,009$82,347,816
84$164,841,206$9,614,622$3,047,901$90,383,682
85$181,553,838$9,984,567$3,048,835$99,226,371
86$199,967,971$10,369,453$3,046,613$108,957,704
87$220,257,059$10,769,910$3,041,029$119,667,824
88$242,612,242$11,186,600$3,031,867$131,456,054
89$267,244,157$11,620,209$3,018,901$144,431,825
90$294,384,920$12,071,458$3,001,892$158,715,709
91$324,290,318$12,541,096$2,980,593$174,440,555
92$357,242,229$13,029,908$2,954,741$191,752,739
93$393,551,275$13,538,713$2,924,063$210,813,544
94$433,559,760$14,068,364$2,888,273$231,800,677
95$477,644,896$14,619,755$2,847,072$254,909,949
96$526,222,371$15,193,818$2,800,144$280,357,111
97$579,750,266$15,791,529$2,747,162$308,379,898
98$638,733,382$16,413,903$2,687,781$339,240,261
99$703,728,007$17,062,004$2,621,642$373,226,840
100$775,347,164$17,736,942$2,548,367$410,657,684