Can I retire at age 35 with 1,640,000?

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 $1,640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$135,430$134,223$133,046$131,898$130,776$129,680
2 years$67,044$65,796$64,586$63,412$62,274$61,170
3 years$44,252$42,998$41,791$40,629$39,509$38,431
4 years$32,858$31,608$30,413$29,271$28,178$27,134
5 years$26,024$24,781$23,602$22,483$21,421$20,413
6 years$21,469$20,236$19,074$17,980$16,950$15,980
7 years$18,217$16,994$15,850$14,782$13,784$12,854
8 years$15,779$14,567$13,442$12,400$11,436$10,543
9 years$13,884$12,683$11,578$10,562$9,630$8,777
10 years$12,368$11,180$10,094$9,105$8,206$7,390
11 years$11,129$9,953$8,887$7,924$7,057$6,279
12 years$10,098$8,933$7,887$6,950$6,116$5,374
13 years$9,225$8,073$7,046$6,136$5,333$4,627
14 years$8,478$7,338$6,331$5,447$4,675$4,003
15 years$7,831$6,703$5,716$4,858$4,116$3,479
16 years$7,266$6,150$5,182$4,350$3,638$3,033
17 years$6,767$5,664$4,716$3,908$3,225$2,653
18 years$6,325$5,234$4,305$3,522$2,868$2,326
19 years$5,929$4,851$3,941$3,182$2,556$2,044
20 years$5,574$4,507$3,617$2,882$2,283$1,800
21 years$5,253$4,199$3,327$2,616$2,043$1,587
22 years$4,961$3,919$3,066$2,378$1,832$1,402
23 years$4,695$3,666$2,831$2,166$1,644$1,240
24 years$4,452$3,434$2,618$1,976$1,478$1,098
25 years$4,228$3,223$2,425$1,804$1,330$973
26 years$4,022$3,029$2,249$1,650$1,198$863
27 years$3,832$2,851$2,088$1,510$1,080$766
28 years$3,655$2,686$1,941$1,383$974$680
29 years$3,491$2,534$1,807$1,269$880$604
30 years$3,338$2,393$1,683$1,164$795$537
31 years$3,196$2,262$1,569$1,069$719$478
32 years$3,062$2,141$1,464$983$650$425
33 years$2,937$2,027$1,367$904$588$379
34 years$2,819$1,921$1,277$831$533$337
35 years$2,709$1,822$1,194$765$483$300
36 years$2,605$1,730$1,117$705$437$268
37 years$2,506$1,643$1,045$650$396$239
38 years$2,413$1,561$979$599$359$213
39 years$2,325$1,485$917$552$326$190
40 years$2,242$1,412$860$509$295$169
41 years$2,163$1,345$806$470$268$151
42 years$2,088$1,281$756$434$243$134
43 years$2,017$1,220$710$400$221$120
44 years$1,949$1,163$666$370$200$107
45 years$1,884$1,109$625$341$182$95
46 years$1,822$1,058$587$315$165$85
47 years$1,763$1,010$552$291$150$76
48 years$1,707$964$519$269$136$68
49 years$1,653$920$487$249$124$61
50 years$1,601$879$458$230$112$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 35 starting with $1,640,000, adding $4,495 every year, while hoping to spend $32,005 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: 33/42/25 Blend
34$1,640,000$1,640,000$1,640,000$1,640,000
35$1,811,917$1,724,997$1,699,577$1,857,758
36$1,962,679$1,775,468$1,722,459$1,943,156
37$2,127,747$1,827,341$1,745,036$2,031,939
38$2,308,544$1,880,648$1,767,262$2,126,986
39$2,506,642$1,935,426$1,789,092$2,228,873
40$2,723,769$1,991,711$1,810,476$2,338,230
41$2,961,829$2,049,540$1,831,362$2,455,753
42$3,222,917$2,108,950$1,851,695$2,582,207
43$3,509,345$2,169,979$1,871,417$2,718,434
44$3,823,656$2,232,665$1,890,467$2,865,360
45$4,168,651$2,297,048$1,908,780$3,024,005
46$4,547,418$2,363,168$1,926,289$3,195,491
47$4,963,357$2,431,065$1,942,921$3,381,055
48$5,420,213$2,500,781$1,958,602$3,582,056
49$5,922,111$2,572,356$1,973,252$3,799,994
50$6,473,598$2,645,833$1,986,788$4,036,518
51$7,079,681$2,721,254$1,999,121$4,293,445
52$7,745,876$2,798,663$2,010,159$4,572,777
53$8,478,261$2,878,103$2,019,805$4,876,719
54$9,283,531$2,959,619$2,027,957$5,207,698
55$10,169,065$3,043,254$2,034,507$5,568,388
56$11,142,990$3,129,053$2,039,343$5,961,738
57$12,214,260$3,217,062$2,042,346$6,390,992
58$13,392,743$3,307,326$2,043,393$6,859,727
59$14,689,308$3,399,891$2,042,352$7,371,882
60$16,115,935$3,494,802$2,039,088$7,931,799
61$17,685,819$3,592,106$2,033,456$8,544,259
62$19,413,502$3,691,849$2,025,306$9,214,533
63$21,315,006$3,794,077$2,014,481$9,948,427
64$23,407,985$3,898,835$2,000,815$10,752,339
65$25,711,892$4,006,171$1,984,135$11,633,318
66$28,248,161$4,116,129$1,964,259$12,599,132
67$31,040,410$4,228,755$1,940,998$13,658,342
68$34,114,662$4,344,095$1,914,152$14,820,381
69$37,499,594$4,462,192$1,883,512$16,095,641
70$41,226,804$4,583,091$1,848,861$17,495,578
71$45,331,110$4,706,835$1,809,971$19,032,813
72$49,850,880$4,833,466$1,766,601$20,721,257
73$54,828,390$4,963,026$1,718,502$22,576,238
74$60,310,227$5,095,555$1,665,413$24,614,647
75$66,347,725$5,231,093$1,607,060$26,855,100
76$72,997,452$5,369,676$1,543,156$29,318,110
77$80,321,743$5,511,341$1,473,402$32,026,286
78$88,389,286$5,656,121$1,397,486$35,004,541
79$97,275,772$5,804,050$1,315,081$38,280,331
80$107,064,609$5,955,157$1,225,845$41,883,913
81$117,847,709$6,109,470$1,129,420$45,848,631
82$129,726,355$6,267,013$1,025,435$50,211,233
83$142,812,154$6,427,808$913,498$55,012,217
84$157,228,097$6,591,874$793,204$60,296,210
85$173,109,714$6,759,226$664,126$66,112,398
86$190,606,352$6,929,875$525,822$72,514,982
87$209,882,589$7,103,828$377,827$79,563,698
88$231,119,786$7,281,089$219,657$87,324,374
89$254,517,797$7,461,655$50,807$95,869,558
90$280,296,853$7,645,517$0$105,279,202
91$308,699,648$7,832,663$0$115,675,927
92$339,993,623$8,023,074$0$127,139,029
93$374,473,491$8,216,723$0$139,762,103
94$412,464,022$8,413,578$0$153,663,240
95$454,323,105$8,613,596$0$168,972,569
96$500,445,130$8,816,730$0$185,833,493
97$551,264,704$9,022,921$0$204,404,032
98$607,260,761$9,232,102$0$224,858,327
99$668,961,079$9,444,194$0$247,388,272
100$736,947,260$9,659,111$0$272,205,333