Can I retire at age 35 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$130,475$129,313$128,179$127,072$125,991$121,040
2 years$64,592$63,389$62,223$61,092$59,996$55,068
3 years$42,633$41,425$40,262$39,142$38,064$33,315
4 years$31,656$30,452$29,301$28,200$27,147$22,613
5 years$25,072$23,875$22,738$21,660$20,637$16,329
6 years$20,684$19,495$18,376$17,322$16,329$12,251
7 years$17,550$16,372$15,271$14,241$13,280$9,430
8 years$15,202$14,034$12,951$11,947$11,017$7,390
9 years$13,376$12,219$11,154$10,176$9,278$5,870
10 years$11,916$10,771$9,725$8,772$7,905$4,709
11 years$10,722$9,588$8,561$7,634$6,799$3,807
12 years$9,728$8,606$7,598$6,696$5,892$3,097
13 years$8,888$7,777$6,788$5,912$5,138$2,531
14 years$8,168$7,069$6,099$5,248$4,504$2,076
15 years$7,545$6,458$5,507$4,680$3,965$1,709
16 years$7,000$5,925$4,993$4,190$3,505$1,410
17 years$6,520$5,457$4,543$3,765$3,107$1,165
18 years$6,093$5,042$4,147$3,393$2,763$965
19 years$5,712$4,673$3,797$3,066$2,463$800
20 years$5,370$4,343$3,484$2,777$2,200$664
21 years$5,060$4,045$3,205$2,520$1,969$552
22 years$4,779$3,776$2,954$2,291$1,765$459
23 years$4,523$3,531$2,727$2,087$1,584$382
24 years$4,289$3,309$2,522$1,903$1,424$318
25 years$4,073$3,105$2,336$1,738$1,281$265
26 years$3,875$2,918$2,167$1,589$1,154$221
27 years$3,692$2,746$2,012$1,455$1,040$184
28 years$3,521$2,588$1,870$1,333$939$153
29 years$3,363$2,441$1,741$1,222$848$128
30 years$3,216$2,306$1,621$1,122$766$107
31 years$3,079$2,180$1,512$1,030$692$89
32 years$2,950$2,062$1,410$947$626$74
33 years$2,830$1,953$1,317$871$567$62
34 years$2,716$1,851$1,230$801$513$52
35 years$2,610$1,756$1,150$737$465$43
36 years$2,509$1,666$1,076$679$421$36
37 years$2,415$1,583$1,007$626$382$30
38 years$2,325$1,504$943$577$346$25
39 years$2,240$1,430$884$532$314$21
40 years$2,160$1,361$828$491$285$17
41 years$2,084$1,295$777$453$258$15
42 years$2,012$1,234$728$418$234$12
43 years$1,943$1,175$684$386$213$10
44 years$1,877$1,120$642$356$193$8
45 years$1,815$1,068$603$329$175$7
46 years$1,755$1,019$566$304$159$6
47 years$1,699$973$532$281$144$5
48 years$1,644$929$500$259$131$4
49 years$1,592$887$470$240$119$3
50 years$1,543$847$441$221$108$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,580,000, adding $5,298 every year, while hoping to spend $57,655 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: 27/49/24 Blend
34$1,580,000$1,580,000$1,580,000$1,580,000
35$1,746,625$1,662,885$1,638,395$1,780,492
36$1,863,436$1,683,022$1,631,937$1,827,978
37$1,990,230$1,702,213$1,623,330$1,873,549
38$2,127,963$1,720,351$1,612,441$1,921,271
39$2,277,689$1,737,323$1,599,132$1,971,366
40$2,440,567$1,753,005$1,583,256$2,024,077
41$2,617,870$1,767,267$1,564,661$2,079,681
42$2,811,002$1,779,973$1,543,186$2,138,484
43$3,021,506$1,790,973$1,518,664$2,200,828
44$3,251,080$1,800,111$1,490,920$2,267,094
45$3,501,595$1,807,221$1,459,770$2,337,708
46$3,775,107$1,812,124$1,425,022$2,413,143
47$4,073,883$1,814,633$1,386,475$2,493,926
48$4,400,415$1,814,547$1,343,919$2,580,644
49$4,757,451$1,811,653$1,297,133$2,673,951
50$5,148,012$1,805,725$1,245,888$2,774,573
51$5,575,427$1,796,523$1,189,943$2,883,318
52$6,043,362$1,783,794$1,129,048$3,001,083
53$6,555,852$1,767,267$1,062,938$3,128,866
54$7,117,342$1,746,657$991,340$3,267,773
55$7,732,728$1,721,659$913,966$3,419,036
56$8,407,399$1,691,954$830,517$3,584,017
57$9,147,293$1,657,199$740,679$3,764,232
58$9,958,951$1,617,036$644,125$3,961,360
59$10,849,574$1,571,081$540,514$4,177,263
60$11,827,098$1,518,931$429,489$4,414,006
61$12,900,261$1,460,158$310,676$4,673,877
62$14,078,692$1,394,309$183,687$4,959,412
63$15,372,994$1,320,906$48,116$5,273,419
64$16,794,850$1,239,442$0$5,619,010
65$18,357,131$1,149,380$0$6,024,357
66$20,074,015$1,050,156$0$6,483,301
67$21,961,121$941,171$0$6,987,848
68$24,035,658$821,791$0$7,542,791
69$26,316,585$691,348$0$8,153,426
70$28,824,789$549,136$0$8,825,606
71$31,583,283$394,409$0$9,565,791
72$34,617,422$226,379$0$10,381,122
73$37,955,141$44,214$0$11,279,480
74$41,627,220$0$0$12,269,571
75$45,667,571$0$0$13,443,486
76$50,113,562$0$0$14,761,796
77$55,006,362$0$0$16,212,906
78$60,391,336$0$0$17,810,310
79$66,318,468$0$0$19,568,876
80$72,842,836$0$0$21,504,985
81$80,025,125$0$0$23,636,690
82$87,932,206$0$0$25,983,883
83$96,637,761$0$0$28,568,481
84$106,222,982$0$0$31,414,636
85$116,777,333$0$0$34,548,963
86$128,399,395$0$0$38,000,786
87$141,197,797$0$0$41,802,423
88$155,292,238$0$0$45,989,482
89$170,814,619$0$0$50,601,202
90$187,910,284$0$0$55,680,822
91$206,739,392$0$0$61,275,989
92$227,478,430$0$0$67,439,210
93$250,321,877$0$0$74,228,340
94$275,484,036$0$0$81,707,137
95$303,201,058$0$0$89,945,858
96$333,733,173$0$0$99,021,923
97$367,367,140$0$0$109,020,646
98$404,418,957$0$0$120,036,042
99$445,236,841$0$0$132,171,710
100$490,204,514$0$0$145,541,814